WASHINGTON, Jan. 19, 2017 /PRNewswire/ -- Close to 5 thousand
hydrogen fueling stations will be deployed globally by 2032, says a
report published by Information Trends. At the same time, Audi and
Mercedes-Benz are getting ready to rollout fuel cell vehicles on
the heels of rollouts of hydrogen-powered vehicles by Toyota,
Honda, and Hyundai.
The research report, "Global Market for Hydrogen Fueling
Stations," says the deployment of hydrogen stations in major
markets is in full swing, solidifying prospects for large-scale
consumer adoption fuel cell vehicles. The deployment activity
is particularly brisk in Asia,
where Japan and Korea are strong
proponents of the hydrogen economy.
In Europe, Denmark was the first country to deploy a
nationwide hydrogen fueling infrastructure, the report said, but
the real charge is being led by Germany, which is establishing 400 hydrogen
fueling stations in the next six years. In the U.S., the state of
California is aggressively
deploying hydrogen stations as part of its efforts to combat
greenhouse gas emissions.
"Hydrogen is the fuel of the future," said Naqi Jaffery, the lead author, "and the
proliferation of hydrogen stations represents the natural
progression from fossil fuels to clean energy." The sums of money
being poured in hydrogen station deployments is staggering, mostly
raised through public-private partnerships.
While the costs of hydrogen stations are declining, their
capacities are increasing. By 2032, hydrogen stations will have
aggregate capacity of 3 million kg/day, according to the report.
The competition for dominance in the fuel cell vehicle market will
be vigorous, triggering significant technological innovations and
cost declines.
Until the end of January 2017,
Information Trends is offering a 15 percent discount to report
buyers. Information Trends has also published a companion report,
"Global Market for Hydrogen Fuel Cell Vehicles." Customers may
order both reports for additional savings.
About Information Trends™
Information Trends is a reputable market research and advisory
services company based in the Washington
D.C. metro area. It is headed by market research
industry veteran, Naqi Jaffery. The
company's website is www.informationtrends.net.
Media contact:
Aqeel Abbas
142210@email4pr.com
+1-202-681-2492
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SOURCE Information Trends