Hydrogen Fueling Station Market Size to Grow USD 4,288.21 Million by 2034, With a CAGR of 24.0% | Polaris Market Research [Yahoo! Finance]
Cummins Inc. (CMI)
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Source: Yahoo! Finance
New York, USA, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Market Overview: Polaris Market Research's latest analysis reveals that the market for hydrogen fueling station is on a growth trajectory. The hydrogen fueling station market size was valued at USD 498.95 million in 2024 and is projected to grow to USD 4,288.21 million by 2034. It is anticipated to exhibit a CAGR of 24.0% from 2025 to 2034. Market Introduction: The procedure of refueling at a hydrogen station is dissimilar to that of a traditional petrol station, albeit there are a handful of particulars that render the experience a little varied. This is because hydrogen is furnished at excessive pressure, and it is an extremely eruptive gas; the association between the vehicle's holder or interaction point and the pump should ideally be watertight. The hydrogen is pushed into the vehicle's fuel tank, which ignites the fuel cell that creates the electricity required to drive the vehicle. The sole refuse is water vapor, which i
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