The Global Hydrogen for Mobility Market was valued at USD 4.8 Billion in 2024 and is projected to reach USD 18.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period (2024–2030). This explosive growth is driven by aggressive global decarbonization targets, substantial government incentives, and rapid advancements in hydrogen production and fuel cell technologies.

As the world accelerates its transition to a low-carbon economy, the transportation sector is undergoing a profound transformation. Hydrogen is emerging as a critical clean energy vector, particularly for heavy-duty and long-range applications where battery-electric solutions face limitations. In this blog, we profile the Top 10 Companies in the Hydrogen for Mobility Industry—a diverse group of industrial gas giants, energy majors, and innovative specialists who are building the foundational infrastructure for a hydrogen-powered future.

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🔟 1. Linde Group

Headquarters: Guildford, United Kingdom
Key Offering: Green, Blue, and Grey Hydrogen Supply; H2 Refueling Stations

Linde is a global leader in the production and distribution of industrial gases, with a formidable presence in the hydrogen ecosystem. The company is a key supplier of hydrogen for fuel cell electric vehicles (FCEVs) and is heavily invested in building a network of hydrogen refueling stations across key markets in North America, Europe, and Asia.

Sustainability Initiatives:

• Operating over 200 hydrogen refueling stations globally

• Investing in large-scale electrolysis projects for green hydrogen production

• Committed to climate neutrality by 2050

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9️⃣ 2. Air Products

Headquarters: Allentown, Pennsylvania, USA
Key Offering: Liquid & Gaseous Hydrogen; Hydrogen Refueling Technology

Air Products is one of the world’s largest hydrogen producers and has been a pioneer in hydrogen energy for decades. The company is executing multi-billion-dollar megaprojects for green and blue hydrogen production, positioning itself as a cornerstone of the future hydrogen supply chain for mobility.

Sustainability Initiatives:

• Leading the $5 billion NEOM green hydrogen project in Saudi Arabia

• Developing a network of hydrogen refueling stations along key freight corridors

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8️⃣ 3. Air Liquide

Headquarters: Paris, France
Key Offering: Comprehensive Hydrogen Solutions; H2 Station Deployment

Air Liquide is a major global player with a strong commitment to hydrogen energy. The company has invested heavily in both production and infrastructure, operating a significant number of hydrogen refueling stations worldwide and developing large-scale low-carbon hydrogen production facilities.

Sustainability Initiatives:

• Target to reach 3 GW of electrolysis capacity by 2030

• Over 160 hydrogen stations installed globally, with plans for major expansion

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7️⃣ 4. TotalEnergies

Headquarters: Paris, France
Key Offering: Hydrogen Refueling; Integrated Energy Solutions

TotalEnergies is leveraging its extensive network of service stations to become a key player in hydrogen mobility. The company is developing hydrogen refueling hubs for both light-duty and heavy-duty vehicles, particularly along major European highways, as part of its broader strategy to become a broad-energy company.

Sustainability Initiatives:

• Deploying over 100 hydrogen stations in Europe by 2030

• Investing in green and low-carbon hydrogen production projects

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6️⃣ 5. CHN Energy

Headquarters: Beijing, China
Key Offering: Hydrogen Production from Renewables; Fleet Refueling Solutions

China Energy Investment Corporation (CHN Energy) is a state-owned giant actively promoting hydrogen as part of China’s national energy strategy. The company is involved in large-scale hydrogen production projects, often coupled with renewable energy sources, to supply the growing fleet of FCEVs in China.

Sustainability Initiatives:

• Developing integrated “green hydrogen + refueling” demonstration projects

• Focusing on hydrogen applications for public transport and logistics fleets

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5️⃣ 6. Sinopec

Headquarters: Beijing, China
Key Offering: Hydrogen Refueling Station Network; Blue/Green Hydrogen Production

China Petroleum & Chemical Corporation (Sinopec) is rapidly building one of the world’s largest hydrogen refueling station networks. With its vast existing refinery and retail infrastructure, Sinopec is uniquely positioned to repurpose assets for hydrogen and become the dominant hydrogen supplier in the Chinese mobility market.

Sustainability Initiatives:

• Aiming to build 1,000 hydrogen refueling stations by 2025

• Constructing green hydrogen production plants using solar and wind power

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4️⃣ 7. Shell

Headquarters: London, United Kingdom
Key Offering: Hydrogen Refueling Hubs; Integrated Energy Mobility

Shell is a key advocate for hydrogen within the energy transition. The company is developing hydrogen refueling stations for cars, trucks, and buses in key regions like California, Germany, and the UK. Shell views hydrogen as essential for decarbonizing hard-to-abate transport sectors.

Sustainability Initiatives:

• Targeting 10% share of global clean hydrogen sales by 2030

• Developing large-scale electrolysis projects, such as the 200MW Holland Hydrogen I

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3️⃣ 8. Air Water

Headquarters: Osaka, Japan
Key Offering: Hydrogen Production & Supply; On-site Refueling Solutions

Air Water is a leading Japanese industrial gas company deeply involved in the country’s hydrogen society strategy. The company operates hydrogen production plants and refueling stations, supporting Japan’s ambition to become a leading hydrogen economy, particularly in preparation for major events and urban mobility projects.

Sustainability Initiatives:

• Expanding its hydrogen station network across Japan

• Engaged in research for efficient hydrogen liquefaction and transportation

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Global Hydrogen for Mobility Market – View in Detailed Research Report

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2️⃣ 9. Tokyo Gas

Headquarters: Tokyo, Japan
Key Offering: City Gas-based Hydrogen; Retail Hydrogen Stations

Tokyo Gas is leveraging its expertise in gas infrastructure to advance hydrogen mobility in Japan. The company is developing hydrogen production from city gas and building refueling stations, focusing on creating a reliable supply chain to support the adoption of fuel cell vehicles in the Tokyo metropolitan area.

Sustainability Initiatives:

• Exploring hydrogen production with carbon capture and storage (CCS)

• Collaborating with automotive manufacturers to expand FCEV usage

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1️⃣ 10. Taiyo Nippon Sanso

Headquarters: Tokyo, Japan
Key Offering: Industrial Gases including Hydrogen; Supply Chain Solutions

Taiyo Nippon Sanso Corporation, part of the Mitsubishi Chemical Holdings Group, is a key industrial gas supplier in Asia. The company provides high-purity hydrogen for fuel cell applications and is involved in developing the necessary infrastructure to support the commercialization of hydrogen mobility.

Sustainability Initiatives:

• Developing hydrogen purification technologies for mobility applications

• Participating in government-led hydrogen society demonstration projects

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Global Hydrogen for Mobility Market – View in Detailed Research Report

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🌍 Outlook: The Road Ahead for Hydrogen Mobility

The hydrogen for mobility market is at a critical inflection point. While the current infrastructure is still developing, unprecedented levels of public and private investment are flowing into the sector. The convergence of policy support, technological cost reductions, and corporate decarbonization commitments is creating a powerful tailwind for hydrogen as a clean transportation fuel.

📈 Key Trends Shaping the Market:

• Focus on green hydrogen production via electrolysis powered by renewable energy

• Rapid scaling of hydrogen refueling infrastructure, especially along major trucking routes

• Growing adoption of fuel cell commercial vehicles (buses, trucks, trains) as a primary growth driver

• Strategic partnerships between energy companies, vehicle OEMs, and logistics firms

The companies listed above are not just supplying a fuel—they are actively constructing the clean energy ecosystem that will power the next generation of global transportation.

Get Full Report Here:
Global Hydrogen for Mobility Market – View in Detailed Research Report