水素燃料電池レンタルの世界市場：将来予測（～2032年） - 定格出力別、用途別、エンドユーザー別、地域別の分析

Stratistics MRCによると、水素燃料電池レンタルの世界市場は、2025年に1億2,890万米ドルを占め、予測期間中にCAGR 31.5％で成長し、2032年には8億7,630万米ドルに達すると予測されています。

水素燃料電池のレンタルとは、様々な用途向けに水素を動力源とする燃料電池システムを一時的に提供することを指し、長期的な所有の必要なく、クリーンで効率的かつ柔軟なエネルギーソリューションを提供します。こうしたレンタルは通常、輸送、建設、イベント、物流、バックアップ電源など、持続可能でポータブルなエネルギーが重要な産業に対応しています。水素燃料電池をレンタルすることで、企業や組織は二酸化炭素排出量を削減し、信頼性の高い電力供給を確保し、初期投資コストを抑えることができます。このモデルは、再生可能エネルギーへの移行と持続可能性に向けた世界的な取り組みを支援しながら、拡張性、機動性、費用対効果を提供することで、水素技術の普及を促進します。

クリーンエネルギーへの需要

クリーンエネルギーに対する需要の高まりは、ゼロエミッション義務化や脱炭素化目標に後押しされ、水素燃料電池レンタル市場の成長を促しています。産業界や自治体では、バックアップ電源や移動手段として燃料電池システムの採用が増加しており、柔軟性とコスト効率の高さからレンタルが支持されています。また、政府の奨励策とインフラの拡充が、採用をさらに加速させます。水素が輸送や据置型アプリケーションで普及するにつれ、レンタルは先進的な燃料電池技術へのスケーラブルなアクセスを提供し、クリーンエネルギー移行への幅広い参加を可能にします。

高い製造・運用コスト

高い製造コストと運用コストが、水素燃料電池レンタル市場の成長を大きく妨げています。高価な原材料、複雑な製造工程、限られた規模の経済性がレンタル価格を高騰させ、普及を妨げています。メンテナンスや燃料補給のロジスティクスを含む運営上の非効率性が、収益性をさらに悪化させています。こうした経済的負担は投資を抑制し、インフラ整備を遅らせ、特に新興国市場においてアクセシビリティを制限するため、クリーンでスケーラブルな水素ベースのエネルギーソリューションへの移行を停滞させています。

技術の進歩

技術の進歩は、燃料電池の効率、耐久性、拡張性を高めることにより、水素燃料電池レンタル市場の成長を触媒しています。膜電極アセンブリとグリーン水素製造におけるブレークスルーは、運用コストを下げ、持続可能性を向上させています。迅速な燃料補給機能と強固な貯蔵技術により、レンタルは物流、輸送、産業用フリートにとって実行可能なものとなっています。これらの技術革新は、水素インフラの拡大と相まって、普及を加速し、セクターを超えた柔軟な展開を可能にし、レンタルをゼロエミッションモビリティソリューションの重要な実現手段として位置づけています。

メンテナンスの複雑さ

水素燃料電池システムのメンテナンスの複雑さは、水素燃料電池レンタル市場にマイナスの影響を与えています。定期的なメンテナンスには高度な技術を持つ技術者と専門的なインフラが必要であり、これが運用コストを増大させ、普及を制限しています。部品の耐久性やシステムの較正など、メンテナンスに関する課題が頻繁に発生するため、特にコストに敏感な業界では潜在的な顧客の意欲を削いでいます。この複雑さは拡張性を妨げ、レンタルサービスの拡大を遅らせ、より広範な市場への浸透を制限し、全体的な成長の勢いを妨げます。

COVID-19の影響

COVID-19の流行は、サプライチェーンの中断、産業プロジェクトの停止、モビリティ需要の減少により、水素燃料電池レンタル市場を一時的に混乱させました。ロックダウンは輸送やエネルギー分野での展開を遅らせ、短期的な後退をもたらしました。しかし、この危機はクリーンエネルギーの回復力と持続可能性への世界的な注目を加速させました。パンデミック後の回復は、柔軟で排出ガスを出さない電力ソリューションの重要性を浮き彫りにし、バックアップ電源やグリーンモビリティ用途の水素燃料電池レンタルへの再投資に拍車をかけました。

予測期間中、産業部門が最大となる見込み

その効率性、信頼性、ゼロエミッションの利点から、業務、機械、バックアップシステムの電源として水素燃料電池を採用する産業が増加しているため、予測期間中、産業分野が最大の市場シェアを占めると予想されます。持続可能性に関する義務付けの高まりとカーボンフットプリントを削減する必要性により、製造業者、物流業者、重工業は、柔軟で費用対効果の高いエネルギーソリューションとして燃料電池をレンタルするようになっています。こうした需要の高まりは、市場の拡大と長期的な普及を大きく後押ししています。

予測期間中、輸送分野が最も高いCAGRが見込まれる

予測期間中、クリーンモビリティソリューションの需要により、バス、トラック、商用車への導入が進む輸送分野が最も高い成長率を示すと予測されます。政府や企業は、ディーゼル車への依存を減らし、排出ガスを削減するために、水素燃料電池を車両に搭載するケースが増えています。このセグメントは、燃料補給インフラの進歩、支援政策、持続可能な物流と公共交通の必要性から利益を得ています。ゼロエミッションフリートの推進は市場成長を大幅に強化し、輸送を重要な触媒として位置づける。

最大のシェアを占める地域：

予測期間中、アジア太平洋地域は、クリーンで持続可能なエネルギーソリューションに対する産業界の需要により、最大の市場シェアを占めると予想されます。都市化の進展、政府の支援政策、再生可能インフラへの旺盛な投資が採用を加速しています。日本、韓国、中国などの国々は、水素を動力源とするモビリティやバックアップパワーシステムへの取り組みを主導しており、レンタル需要を押し上げています。この動向はエネルギー効率を高め、二酸化炭素排出量を削減し、柔軟で環境に優しい代替電力を求める企業にチャンスをもたらします。

CAGRが最も高い地域：

予測期間中、北米地域が最も高いCAGRを示すと予測されます。これは、輸送、建設、物流などの産業で採用が増加しているためで、政府の奨励策や厳しい排出規制が市場拡大に拍車をかけています。同地域の強力なインフラ開発と脱炭素化への取り組みはレンタル機会をさらに拡大し、企業は高額な初期費用をかけずに持続可能な電力を利用できるようになります。これにより、水素燃料電池レンタルは北米のグリーン転換の重要な原動力として位置づけられています。

無料カスタマイズサービス：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場企業の包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査資料
  • 1次調査資料
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の水素燃料電池レンタル市場：定格出力別

• 50kW以下
• 50～200kW
• 200kW以上

第6章 世界の水素燃料電池レンタル市場：用途別

• バックアップ電源
• ポータブル電源
• 輸送
• その他

第7章 世界の水素燃料電池レンタル市場：エンドユーザー別

• コマーシャル
• 住宅
• 産業
• 政府と防衛
• その他

第8章 世界の水素燃料電池レンタル市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東・アフリカ

第9章 主な発展

• 契約、パートナーシップ、コラボレーション、ジョイントベンチャー
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第10章 企業プロファイリング

• Ballard Power Systems
• Plug Power
• Air Liquide
• Nel ASA
• Linde
• Cummins
• Honda Motor Co., Ltd.
• FuelCell Energy
• SAIC Motor Corporation
• Bloom Energy
• Hyundai Motor Group
• Hydrogenics
• Toyota Motor Corporation
• ITM Power
• Nikola Motor Company
• SFC Energy
• Chart Industries
• First Hydrogen
• Doosan
• Lhyfe

List of Tables

• Table 1 Global Hydrogen Fuel Cell Rentals Market Outlook, By Region (2024-2032) ($MN)
• Table 2 Global Hydrogen Fuel Cell Rentals Market Outlook, By Power Rating (2024-2032) ($MN)
• Table 3 Global Hydrogen Fuel Cell Rentals Market Outlook, By Below 50 kW (2024-2032) ($MN)
• Table 4 Global Hydrogen Fuel Cell Rentals Market Outlook, By 50-200 kW (2024-2032) ($MN)
• Table 5 Global Hydrogen Fuel Cell Rentals Market Outlook, By Above 200 kW (2024-2032) ($MN)
• Table 6 Global Hydrogen Fuel Cell Rentals Market Outlook, By Application (2024-2032) ($MN)
• Table 7 Global Hydrogen Fuel Cell Rentals Market Outlook, By Backup Power (2024-2032) ($MN)
• Table 8 Global Hydrogen Fuel Cell Rentals Market Outlook, By Portable Power (2024-2032) ($MN)
• Table 9 Global Hydrogen Fuel Cell Rentals Market Outlook, By Transportation (2024-2032) ($MN)
• Table 10 Global Hydrogen Fuel Cell Rentals Market Outlook, By Other Applications (2024-2032) ($MN)
• Table 11 Global Hydrogen Fuel Cell Rentals Market Outlook, By End User (2024-2032) ($MN)
• Table 12 Global Hydrogen Fuel Cell Rentals Market Outlook, By Commercial (2024-2032) ($MN)
• Table 13 Global Hydrogen Fuel Cell Rentals Market Outlook, By Residential (2024-2032) ($MN)
• Table 14 Global Hydrogen Fuel Cell Rentals Market Outlook, By Industrial (2024-2032) ($MN)
• Table 15 Global Hydrogen Fuel Cell Rentals Market Outlook, By Government & Defense (2024-2032) ($MN)
• Table 16 Global Hydrogen Fuel Cell Rentals Market Outlook, By Other End Users (2024-2032) ($MN)
• Table 17 North America Hydrogen Fuel Cell Rentals Market Outlook, By Country (2024-2032) ($MN)
• Table 18 North America Hydrogen Fuel Cell Rentals Market Outlook, By Power Rating (2024-2032) ($MN)
• Table 19 North America Hydrogen Fuel Cell Rentals Market Outlook, By Below 50 kW (2024-2032) ($MN)
• Table 20 North America Hydrogen Fuel Cell Rentals Market Outlook, By 50-200 kW (2024-2032) ($MN)
• Table 21 North America Hydrogen Fuel Cell Rentals Market Outlook, By Above 200 kW (2024-2032) ($MN)
• Table 22 North America Hydrogen Fuel Cell Rentals Market Outlook, By Application (2024-2032) ($MN)
• Table 23 North America Hydrogen Fuel Cell Rentals Market Outlook, By Backup Power (2024-2032) ($MN)
• Table 24 North America Hydrogen Fuel Cell Rentals Market Outlook, By Portable Power (2024-2032) ($MN)
• Table 25 North America Hydrogen Fuel Cell Rentals Market Outlook, By Transportation (2024-2032) ($MN)
• Table 26 North America Hydrogen Fuel Cell Rentals Market Outlook, By Other Applications (2024-2032) ($MN)
• Table 27 North America Hydrogen Fuel Cell Rentals Market Outlook, By End User (2024-2032) ($MN)
• Table 28 North America Hydrogen Fuel Cell Rentals Market Outlook, By Commercial (2024-2032) ($MN)
• Table 29 North America Hydrogen Fuel Cell Rentals Market Outlook, By Residential (2024-2032) ($MN)
• Table 30 North America Hydrogen Fuel Cell Rentals Market Outlook, By Industrial (2024-2032) ($MN)
• Table 31 North America Hydrogen Fuel Cell Rentals Market Outlook, By Government & Defense (2024-2032) ($MN)
• Table 32 North America Hydrogen Fuel Cell Rentals Market Outlook, By Other End Users (2024-2032) ($MN)
• Table 33 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Country (2024-2032) ($MN)
• Table 34 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Power Rating (2024-2032) ($MN)
• Table 35 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Below 50 kW (2024-2032) ($MN)
• Table 36 Europe Hydrogen Fuel Cell Rentals Market Outlook, By 50-200 kW (2024-2032) ($MN)
• Table 37 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Above 200 kW (2024-2032) ($MN)
• Table 38 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Application (2024-2032) ($MN)
• Table 39 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Backup Power (2024-2032) ($MN)
• Table 40 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Portable Power (2024-2032) ($MN)
• Table 41 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Transportation (2024-2032) ($MN)
• Table 42 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Other Applications (2024-2032) ($MN)
• Table 43 Europe Hydrogen Fuel Cell Rentals Market Outlook, By End User (2024-2032) ($MN)
• Table 44 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Commercial (2024-2032) ($MN)
• Table 45 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Residential (2024-2032) ($MN)
• Table 46 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Industrial (2024-2032) ($MN)
• Table 47 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Government & Defense (2024-2032) ($MN)
• Table 48 Europe Hydrogen Fuel Cell Rentals Market Outlook, By Other End Users (2024-2032) ($MN)
• Table 49 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Country (2024-2032) ($MN)
• Table 50 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Power Rating (2024-2032) ($MN)
• Table 51 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Below 50 kW (2024-2032) ($MN)
• Table 52 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By 50-200 kW (2024-2032) ($MN)
• Table 53 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Above 200 kW (2024-2032) ($MN)
• Table 54 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Application (2024-2032) ($MN)
• Table 55 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Backup Power (2024-2032) ($MN)
• Table 56 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Portable Power (2024-2032) ($MN)
• Table 57 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Transportation (2024-2032) ($MN)
• Table 58 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Other Applications (2024-2032) ($MN)
• Table 59 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By End User (2024-2032) ($MN)
• Table 60 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Commercial (2024-2032) ($MN)
• Table 61 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Residential (2024-2032) ($MN)
• Table 62 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Industrial (2024-2032) ($MN)
• Table 63 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Government & Defense (2024-2032) ($MN)
• Table 64 Asia Pacific Hydrogen Fuel Cell Rentals Market Outlook, By Other End Users (2024-2032) ($MN)
• Table 65 South America Hydrogen Fuel Cell Rentals Market Outlook, By Country (2024-2032) ($MN)
• Table 66 South America Hydrogen Fuel Cell Rentals Market Outlook, By Power Rating (2024-2032) ($MN)
• Table 67 South America Hydrogen Fuel Cell Rentals Market Outlook, By Below 50 kW (2024-2032) ($MN)
• Table 68 South America Hydrogen Fuel Cell Rentals Market Outlook, By 50-200 kW (2024-2032) ($MN)
• Table 69 South America Hydrogen Fuel Cell Rentals Market Outlook, By Above 200 kW (2024-2032) ($MN)
• Table 70 South America Hydrogen Fuel Cell Rentals Market Outlook, By Application (2024-2032) ($MN)
• Table 71 South America Hydrogen Fuel Cell Rentals Market Outlook, By Backup Power (2024-2032) ($MN)
• Table 72 South America Hydrogen Fuel Cell Rentals Market Outlook, By Portable Power (2024-2032) ($MN)
• Table 73 South America Hydrogen Fuel Cell Rentals Market Outlook, By Transportation (2024-2032) ($MN)
• Table 74 South America Hydrogen Fuel Cell Rentals Market Outlook, By Other Applications (2024-2032) ($MN)
• Table 75 South America Hydrogen Fuel Cell Rentals Market Outlook, By End User (2024-2032) ($MN)
• Table 76 South America Hydrogen Fuel Cell Rentals Market Outlook, By Commercial (2024-2032) ($MN)
• Table 77 South America Hydrogen Fuel Cell Rentals Market Outlook, By Residential (2024-2032) ($MN)
• Table 78 South America Hydrogen Fuel Cell Rentals Market Outlook, By Industrial (2024-2032) ($MN)
• Table 79 South America Hydrogen Fuel Cell Rentals Market Outlook, By Government & Defense (2024-2032) ($MN)
• Table 80 South America Hydrogen Fuel Cell Rentals Market Outlook, By Other End Users (2024-2032) ($MN)
• Table 81 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Country (2024-2032) ($MN)
• Table 82 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Power Rating (2024-2032) ($MN)
• Table 83 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Below 50 kW (2024-2032) ($MN)
• Table 84 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By 50-200 kW (2024-2032) ($MN)
• Table 85 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Above 200 kW (2024-2032) ($MN)
• Table 86 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Application (2024-2032) ($MN)
• Table 87 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Backup Power (2024-2032) ($MN)
• Table 88 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Portable Power (2024-2032) ($MN)
• Table 89 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Transportation (2024-2032) ($MN)
• Table 90 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Other Applications (2024-2032) ($MN)
• Table 91 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By End User (2024-2032) ($MN)
• Table 92 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Commercial (2024-2032) ($MN)
• Table 93 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Residential (2024-2032) ($MN)
• Table 94 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Industrial (2024-2032) ($MN)
• Table 95 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Government & Defense (2024-2032) ($MN)
• Table 96 Middle East & Africa Hydrogen Fuel Cell Rentals Market Outlook, By Other End Users (2024-2032) ($MN)

According to Stratistics MRC, the Global Hydrogen Fuel Cell Rentals Market is accounted for $128.9 million in 2025 and is expected to reach $876.3 million by 2032 growing at a CAGR of 31.5% during the forecast period. Hydrogen fuel cell rentals refer to the temporary provision of hydrogen-powered fuel cell systems for various applications, offering a clean, efficient, and flexible energy solution without the need for long-term ownership. These rentals typically cater to industries such as transportation, construction, events, logistics, and backup power, where sustainable and portable energy is crucial. By renting hydrogen fuel cells, businesses and organizations can reduce carbon emissions, ensure reliable power supply, and lower upfront investment costs. This model promotes wider adoption of hydrogen technology by providing scalability, mobility, and cost-effectiveness while supporting global efforts toward renewable energy transition and sustainability.

Market Dynamics:

Driver:

Demand for Clean Energy

Surging demand for clean energy is catalyzing growth in the hydrogen fuel cell rentals market, driven by zero-emission mandates and decarbonization goals. Industries and municipalities increasingly adopt fuel cell systems for backup power and mobility, favoring rentals for flexibility and cost-efficiency. Government incentives and infrastructure expansion further accelerate adoption. As hydrogen gains traction in transport and stationary applications, rentals offer scalable access to advanced fuel cell technologies, enabling broader participation in the clean energy transition.

Restraint:

High Production & Operational Costs

High production and operational costs significantly hinder the growth of the hydrogen fuel cell rentals market. Expensive raw materials, complex manufacturing processes, and limited economies of scale inflate rental prices, deterring widespread adoption. Operational inefficiencies, including maintenance and refueling logistics, further strain profitability. These financial burdens discourage investment, slow infrastructure development, and limit accessibility-especially in emerging markets-ultimately stalling the transition toward clean, scalable hydrogen-based energy solutions.

Opportunity:

Technological Advancements

Technological advancements are catalyzing growth in the hydrogen fuel cell rentals market by enhancing fuel cell efficiency, durability, and scalability. Breakthroughs in membrane electrode assemblies and green hydrogen production have lowered operational costs and improved sustainability. Rapid refueling capabilities and robust storage innovations make rentals viable for logistics, transit, and industrial fleets. These innovations, coupled with expanding hydrogen infrastructure, are accelerating adoption, enabling flexible deployment across sectors, and positioning rentals as a key enabler of zero-emission mobility solutions

Threat:

Maintenance Complexity

The complexity of maintaining hydrogen fuel cell systems poses a negative impact on the Hydrogen Fuel Cell Rentals Market. Regular servicing requires highly skilled technicians and specialized infrastructure, which increases operational costs and limits widespread adoption. Frequent maintenance challenges, such as component durability and system calibration, discourage potential customers, particularly in cost-sensitive industries. This complexity hampers scalability, slows rental service expansion, and restricts broader market penetration, hindering overall growth momentum.

Covid-19 Impact

The Covid-19 pandemic temporarily disrupted the Hydrogen Fuel Cell Rentals Market due to supply chain interruptions, halted industrial projects, and reduced mobility demand. Lockdowns slowed deployments in transportation and energy sectors, creating short-term setbacks. However, the crisis also accelerated global focus on clean energy resilience and sustainability. Post-pandemic recovery highlighted the importance of flexible, emission-free power solutions, fueling renewed investments in hydrogen fuel cell rentals for backup power and green mobility applications.

The industrial segment is expected to be the largest during the forecast period

The industrial segment is expected to account for the largest market share during the forecast period as industries are increasingly adopting hydrogen fuel cells to power operations, machinery, and backup systems due to their efficiency, reliability, and zero-emission advantages. Rising sustainability mandates and the need to reduce carbon footprints are pushing manufacturers, logistics providers, and heavy industries to rent fuel cells for flexible and cost-effective energy solutions. This growing demand significantly boosts market expansion and long-term adoption.

The transportation segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the transportation segment is predicted to witness the highest growth rate, due to demand for clean mobility solutions fuels adoption across buses, trucks, and commercial fleets. Governments and corporations are increasingly renting hydrogen fuel cells to power vehicles, reducing reliance on diesel and lowering emissions. This segment benefits from advancements in refueling infrastructure, supportive policies, and the need for sustainable logistics and public transport. The push for zero-emission fleets significantly strengthens market growth, positioning transportation as a key catalyst.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to demand for clean and sustainable energy solutions across industries. Growing urbanization, supportive government policies, and strong investments in renewable infrastructure are accelerating adoption. Countries like Japan, South Korea, and China are leading initiatives in hydrogen-powered mobility and backup power systems, boosting rental demand. This trend enhances energy efficiency, reduces carbon emissions, and creates opportunities for businesses seeking flexible, eco-friendly power alternatives.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to increasing adoption across industries such as transportation, construction, and logistics is fueling market expansion, supported by government incentives and stringent emission regulations. The region's strong infrastructure development and commitment to decarbonization further enhance rental opportunities, enabling businesses to access sustainable power without high upfront costs. This positions hydrogen fuel cell rentals as a vital driver of North America's green transition.

Key players in the market

Some of the key players profiled in the Hydrogen Fuel Cell Rentals Market include Ballard Power Systems, Plug Power, Air Liquide, Nel ASA, Linde, Cummins, Honda Motor Co., Ltd., FuelCell Energy, SAIC Motor Corporation, Bloom Energy, Hyundai Motor Group, Toyota Motor Corporation, ITM Power, Nikola Motor Company, SFC Energy, Chart Industries, First Hydrogen, Doosan and Lhyfe.

Key Developments:

In April 2025, Toyota and Waymo have entered a preliminary agreement to explore a joint autonomous-driving platform. By merging Toyota's safety-centric vehicle expertise and Woven's software savvy with Waymo's self-driving technology, they aim to enhance personally owned vehicles and advance mobility for all.

In March 2025, Nel ASA has inked EPC collaboration with Samsung E&A, empowering the latter to deliver fully-designed hydrogen plants using Nel's alkaline and PEM electrolysers. Simultaneously, Samsung E&A acquired a 9.1 % stake-becoming Nel's top shareholder after a NOK 353 million placement.

Power Ratings Covered:

• Below 50 kW
• 50-200 kW
• Above 200 kW

Applications Covered:

• Backup Power
• Portable Power
• Transportation
• Other Applications

End Users Covered:

• Commercial
• Residential
• Industrial
• Government & Defense
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hydrogen Fuel Cell Rentals Market, By Power Rating

• 5.1 Introduction
• 5.2 Below 50 kW
• 5.3 50-200 kW
• 5.4 Above 200 kW

6 Global Hydrogen Fuel Cell Rentals Market, By Application

• 6.1 Introduction
• 6.2 Backup Power
• 6.3 Portable Power
• 6.4 Transportation
• 6.5 Other Applications

7 Global Hydrogen Fuel Cell Rentals Market, By End User

• 7.1 Introduction
• 7.2 Commercial
• 7.3 Residential
• 7.4 Industrial
• 7.5 Government & Defense
• 7.6 Other End Users

8 Global Hydrogen Fuel Cell Rentals Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Ballard Power Systems
• 10.2 Plug Power
• 10.3 Air Liquide
• 10.4 Nel ASA
• 10.5 Linde
• 10.6 Cummins
• 10.7 Honda Motor Co., Ltd.
• 10.8 FuelCell Energy
• 10.9 SAIC Motor Corporation
• 10.10 Bloom Energy
• 10.11 Hyundai Motor Group
• 10.12 Hydrogenics
• 10.13 Toyota Motor Corporation
• 10.14 ITM Power
• 10.15 Nikola Motor Company
• 10.16 SFC Energy
• 10.17 Chart Industries
• 10.18 First Hydrogen
• 10.19 Doosan
• 10.20 Lhyfe