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Summary of our market study
The market for hydrogen stations and hydrants in France is developing rapidly, thanks to the support of public authorities, notably the France Relance and France 2030 plans. By 2025, France should have 225 hydrogen stations, with a target of 1,000 stations by 2030.
This growth is in line with the growing demand for hydrogen-powered vehicles, which remain a niche market largely dominated by the Hyundai Nexo and Toyota Mirai
future growth in hydrogen vehicle sales - a key driver of demand for hydrogen stations - is underlined by France Hydrogène's ambition to see 300,000 such vehicles by 2030.
Currently, ENGIE is the main operator with 16 stations in France, and the country's first hydrogen station was inaugurated in Saint-Lô in 2015.
Estimates predict a market leap from 0.6 million euros to 4 billion euros by 2030.
Key players in the French hydrogen station market
- Hynamics: A subsidiary of energy giant EDF, Hynamics specializes in hydrogen for industry and mobility. The company has demonstrated its commitment to zero-emission mobility by operating hydrogen refueling stations throughout France.
- Air Liquide: Recognized for the installation of advanced hydrogen stations, Air Liquide is a key player, promoting clean energy solutions and investing in the future of hydrogen-powered transport.
- Engie: the global energy and services group, aims to be a leader in energy transition in France and around the world. The goal is to install 50 hydrogen stations by 2025.
- Atawey: A specialist manufacturer of hydrogen charging stations, Atawey is a French company that designs and produces autonomy and energy storage solutions particularly suited to isolated sites.
- McPhy, a key technology provider and equipment manufacturer in the hydrogen market. Specializing in production and storage solutions, McPhy offers an integrated hydrogen infrastructure that includes electrolyzers and refueling stations.
- HRS (Hydrogen Refueling Solutions), a major French player that designs, manufactures and installs hydrogen refueling stations.
- Lhyfe, based in Nantes, France, is renowned for having inaugurated the first offshore hydrogen production platform at Saint-Nazaire.
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Summary and extracts
1 Market overview
1.1 Definition and presentation
The hydrogen stations and hydrants market in France refers to the economic activity related to the production, sale and rental of hydrogen stations and hydrants in France. These are hydrogen storage or filling stations, with the most common pressure being 700 bar, and sometimes 350 bar.
In Europe, the market has recently experienced strong growth, thanks in particular to the fact that the sector benefits from government support schemes, which amount to a total of around 25 billion euros. In France, initiatives have multiplied, particularly as the industry has benefited from the €7 billion France Relance plan and the €2 billion France 2030 plan.
EDF operates hydrogen charging stations (Hynamics), Air Liquide has installed new ones, and Engie is aiming to install 50 by 2025. In addition to the major industrial groups, market players also include specialized manufacturers of hydrogen charging stations: Atawey, McPhy and HRS (Hydrogen Refueling Solutions), in particular, are gradually gaining ground.
France is also a major hydrogen player on the world stage: in September 2022, in Saint-Nazaire (Loire-Atlantique), a company inaugurated the world's first offshore platform capable of producing hydrogen at sea. The company, based in Nantes, France, Lhyfe, has set its sights on mass production with this platform, which produces hydrogen from seawater using energy supplied by wind turbines
The challenge for the sector in the near future will be to adapt supply to growing demand , while reducing maintenance costs.
1.2 Global market trends
The size of the hydrogen station market is estimated in **** at *.* billion US dollars, and is expected to reach * billion by ****, with an average annual growth rate of +**% according to GlobeNewswire.
Governments are mobilizing to accelerate the automotive energy transition. Transport as a whole accounts for **% of global greenhouse gas emissions, ...
1.3 The French hydrogen station market
The number of hydrogen filling stations in France is set to rise sharply over the next few years. To date, there are ** hydrogen refueling stations in France, and with the addition of hydrogen stations currently under construction, France should have *** hydrogen stations by ****. By ****, a thousand hydrogen stations are also planned, ...
1.4 Comparison with the electric car
If we compare electric cars and hydrogen-powered cars, the hydrogen-powered car represents a very promising alternative, as it avoids long recharging times. For an electric car, the recharge time is ** to ** minutes. For a hydrogen-powered car, the recharging time is much shorter, taking only * to * minutes to fill up.
However, hydrogen-powered ...
1.5 Current obstacles to the development of hydrogen-powered cars
There are three main obstacles to the development of the hydrogen car market. The first is the limited number of refuelling options available: there are very few hydrogen refuelling stations anywhere in the world, particularly in France. This is not surprising, and stems from the fact that the number of hydrogen-powered ...
2 Demand analysis
2.1 The French and hydrogen
In addition to the initiatives put in place by governments, we also note consumers' desire to acquire a more environmentally-friendly transport vehicle: according to IFOP, **% of those surveyed consider that reducing the negative impact of transport on the environment should be a government priority. Of these, **% consider that this should be ...
2.2 Trends in the French market for clean energy cars
If we first look at the trend in the number of new passenger car registrations by engine type, we can distinguish the downward trend in the number of petrol and diesel cars. Indeed, the number of petrol car registrations has fallen drastically from *,***,*** to ***,*** between **** and ****, almost halving. The same phenomenon ...
2.3 The future growth in sales of hydrogen-powered vehicles will determine demand for hydrogen filling stations
France Hydrogène is targeting ***,*** cars and vans in its "Ambition ****" scenario.
There are currently * hydrogen-powered cars on the market in France: the Hyundai Nexo, launched in ****, and the Toyota Mirai, launched in ****. The range of these two cars is around ***km, for a price of between €**,*** and €**,*** due to their ...
3 Market structure
3.1 The hydrogen value chain
The diagram below shows the hydrogen value chain, with the implementation of hydrogen charging stations at the penultimate stage.
Hydrogen value chain
Source: ****
The first step in this value chain is the creation of hydrogen. Worldwide hydrogen production currently stands at ** million tonnes, supplied to the chemical industry. France produces almost ...
3.2 Hydrogen filling stations in France
There will be ** hydrogen stations in France by ****, and * stations are currently planned for **** in the following three destinations: Toulouse, Paris and Challans. Counting stations already in operation and those planned for ****, these are mainly located in major cities: Paris has *, Lyon has *, and Nantes, Toulouse and Grenoble each have *.
Hydrogen ...
3.3 Type of company
There are * types of company manufacturing hydrogen stations.
The first type are the major energy or gas companies , who open up their offer to hydrogen stations. This is the case, for example, with EDF, which operates hydrogen stations via its subsidiary Hynamics. Similarly, as mentioned above, Engie is offering a number ...
3.4 Number of direct jobs in the French hydrogen industry
The French hydrogen market is growing. In ****, the French hydrogen industry will account for *,*** direct jobs, compared with *,*** in ****, representing a **% increase between the two years. The aim is to exceed ***,*** direct jobs by ****, demonstrating France's determination to convert the population to the use of hydrogen for transport.
Number of direct ...
3.5 Sales trends for hydrogen station manufacturers in France
A good way to assess the potential of hydrogen stations is to observe the development of the market's leading companies: HRS, McPhy, Atawey.
HRS is a pioneer in the hydrogen station sector and has been committed to the energy transition in transport for over ** years. The company has developed a complete ...
4 Offer analysis
4.1 Specific features of full tank consumption
The most common filling pressure is H** or *** bar, and the older standard is H** or *** bar. Higher pressure means more hydrogen can be stored for the same volume.
Consumption is not expressed in liters per ***km, but in kilograms per ***km. Hydrogen-powered cars on the market today generally consume less ...
4.2 Prices and specific features of the hydrogen-powered car offer
France Hydrogène is targeting ***,*** cars and commercial vehicles in its "Ambition ****" scenario, as well as *,*** trucks and buses.
There are currently * hydrogen-powered cars on the market in France: the Hyundai Nexo, launched in ****, and the Toyota Mirai, launched in ****. The range of these two cars is around ***km, at a ...
4.3 Hydrogen station rates and features
According to Les Echos, the cost of a hydrogen station is estimated at between * and ** million euros, which requires a great deal of time and regular consumer use to make the station profitable.
Philippe Rosier, CEO of Symbio, a joint venture between Michelin and Faurecia specializing in the development and marketing ...
5 Regulations
5.1 Subsidies for hydrogen industries
To encourage French citizens to use hydrogen-powered cars, the French government set up a national strategy in September **** to provide aid to the hydrogen industries to enable them to offer solutions at reduced cost. The government's plan aims to support all key stages in the emergence of the hydrogen industry at ...
5.2 Tax incentives for company vehicles
In addition to subsidies for companies, there are also grants to encourage consumers to adopt this more environmentally-friendly alternative. In ****, hydrogen-powered passenger vehicles are eligible for an ecological bonus of €*,*** when the vehicle's value is less than €**,***.
In France, companies whose head offices are located in France and which own company ...
6 Positioning the players
6.1 Segmentation
- Atawey
- McPhy
- Air Liquide
- Hydrogen Refueling Solutions HRS
- Engie Solutions
- Hysetco
- Hynamics
- Mahytec (Hensold Group)
- OPmobility Plastic Omnium Groupe
- OPmobility Plastic Omnium Groupe
- Roth2
List of charts presented in this market study
- Transportation's share of GHG emissions
- Evolution of the share of electric cars sold in China in 2019 and 2022
- Worldwide sales of hydrogen-powered cars
- Hydrogen-powered car sales by country
- Forecasting hydrogen demand in the transportation sector
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Latest news
Air Liquide, another key player in the world of semiconductors - 03/06/2024
- - Air Liquide holds a quarter of the world market for gases used in semiconductor production.
- - In 2023, this activity generated 2.5 billion euros in sales for Air Liquide, representing 9% of its annual revenues.
- - The global semiconductor market could reach $1,000 billion by 2030, up from $520 billion last year.
- - Last week, Air Liquide inaugurated a new production line in Sejong, south of Seoul, dedicated to the manufacture of diborane, a complex molecule demanded by the sector's giants.
- - Air Liquide's two recent projects in the semiconductor sector, including the opening of a new plant in Taiwan, represented an investment of $200 million.
Plastic Omnium gives in to the name change craze - 27/03/2024
- - Plastic Omnium changes its name to OPmobility.
- - Diversification of sales with investments in hydrogen, lighting and software.
- - The Burelle family holds 60% of the company's capital.
- - The group posted sales of 11.4 billion last year.
- - OPmobility employs 40,000 people in 28 countries.
Air Liquide buoyed by energy transition and electronics - 20/02/2024
- Sales of 27.61 billion euros in 2023.
- Gases and services account for 95% of revenues
- Air Liquide has generated growth worldwide.
- In hydrogen, investment of 400 million euros in the construction of Europe's largest electrolyzer, Normand'Hy
- Inauguration with Siemens Energy of an electrolyser gigafactory in Berlin.
- 200 million investment in two new advanced materials production centers in Taiwan and South Korea
- 140 million investment in the construction of an air separation unit in Quebec, specializing in electric batteries.
Hydrogen: Atawey on track to take over McPhy's charging stations - 29/01/2024
- Station supply accounted for 32% of McPhy's 16.1 million euros in sales in 2022. The Grenoble-based group will now concentrate on the manufacture of electrolyzers, including the construction of a plant in Belfort, France
- Atawey's workforce has already grown from 50 to 92 by 2023.
- The Savoy-based company has won orders worth over 20 million euros.
- Sales have jumped from 3 to 8 million euros in one year.
- The company also intends to expand internationally in 2024, in Spain, Belgium, the Netherlands and Italy.
- Atawey plans to generate 20% of its sales outside France within three years.
Hydrogen: Air Liquide to build a giant electrolyser in Normandy - 21/12/2023
- Electrolyser capacity in Normandy: 200 megawatts (MW)
- Planned hydrogen production: 80 tonnes / day
- Amount of Air Liquide project: 400 million euros (Subsidies received for the project: 190 million euros)
- Air Liquide sales: 30 billion euros
- Air Liquide's target for electrolysis capacity increase by 2030: 3 gigawatts (GW)
- Current production capacity of the Berlin gigafactory in partnership with Siements Energy: 1 GW
- Hydrogen production from an electrolyser in Canada starting up in 2021: 8.2 tonnes / day
- Electrolyser nearing completion in Oberhausen (Germany): 30 MW
- Air Liquide's hydrogen experience: 60 years with over 200 stations and 350 production units.
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