Hydrogen-powered Semi-Trucks Industry Research Report 2025

Summary

According to APO Research, The global Hydrogen-powered Semi-Trucks market was valued at US$ million in 2024 and is anticipated to reach US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2025-2031.

North American market for Hydrogen-powered Semi-Trucks is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Hydrogen-powered Semi-Trucks is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Hydrogen-powered Semi-Trucks is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Hydrogen-powered Semi-Trucks include , etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hydrogen-powered Semi-Trucks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydrogen-powered Semi-Trucks.

The report will help the Hydrogen-powered Semi-Trucks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Hydrogen-powered Semi-Trucks market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Hydrogen-powered Semi-Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Hydrogen-powered Semi-Trucks Segment by Company

Toyota
Hyzon Motors Inc
Daimler Truck
Nikola
SAIC Motor Corporation Limited
Volvo Group
Hyundai Hydrogen Mobility
Sinotruk
Weichai Power Co.,Ltd.
Qingling Motors
PACCAR
MC Heavy Duty Vehicle Co., Ltd.
Foshan Feichi Motor Technology Co., Ltd.
Hydrogen-powered Semi-Trucks Segment by Type

Hydrogen-powered Class 8 Truck
Hydrogen-powered Refuse Truck
Others
Hydrogen-powered Semi-Trucks Segment by Application

Logistics and Transportation
Construction and Manufacturing
Public Transportation
Waste Management
E-commerce and Retail
Other
Hydrogen-powered Semi-Trucks Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydrogen-powered Semi-Trucks market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Hydrogen-powered Semi-Trucks and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydrogen-powered Semi-Trucks.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Hydrogen-powered Semi-Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Hydrogen-powered Semi-Trucks by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Hydrogen-powered Semi-Trucks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Hydrogen-powered Semi-Trucks by Type
2.2.1 Market Value Comparison by Type (2020 VS 2024 VS 2031) & (US$ Million)
2.2.2 Hydrogen-powered Class 8 Truck
2.2.3 Hydrogen-powered Refuse Truck
2.2.4 Others
2.3 Hydrogen-powered Semi-Trucks by Application
2.3.1 Market Value Comparison by Application (2020 VS 2024 VS 2031) & (US$ Million)
2.3.2 Logistics and Transportation
2.3.3 Construction and Manufacturing
2.3.4 Public Transportation
2.3.5 Waste Management
2.3.6 E-commerce and Retail
2.3.7 Other
2.4 Global Market Growth Prospects
2.4.1 Global Hydrogen-powered Semi-Trucks Production Value Estimates and Forecasts (2020-2031)
2.4.2 Global Hydrogen-powered Semi-Trucks Production Capacity Estimates and Forecasts (2020-2031)
2.4.3 Global Hydrogen-powered Semi-Trucks Production Estimates and Forecasts (2020-2031)
2.4.4 Global Hydrogen-powered Semi-Trucks Market Average Price (2020-2031)
3 Market Competitive Landscape by Manufacturers
3.1 Global Hydrogen-powered Semi-Trucks Production by Manufacturers (2020-2025)
3.2 Global Hydrogen-powered Semi-Trucks Production Value by Manufacturers (2020-2025)
3.3 Global Hydrogen-powered Semi-Trucks Average Price by Manufacturers (2020-2025)
3.4 Global Hydrogen-powered Semi-Trucks Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Hydrogen-powered Semi-Trucks Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Hydrogen-powered Semi-Trucks Manufacturers, Product Type & Application
3.7 Global Hydrogen-powered Semi-Trucks Manufacturers Established Date
3.8 Global Hydrogen-powered Semi-Trucks Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Toyota
4.1.1 Toyota Hydrogen-powered Semi-Trucks Company Information
4.1.2 Toyota Hydrogen-powered Semi-Trucks Business Overview
4.1.3 Toyota Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.1.4 Toyota Product Portfolio
4.1.5 Toyota Recent Developments
4.2 Hyzon Motors Inc
4.2.1 Hyzon Motors Inc Hydrogen-powered Semi-Trucks Company Information
4.2.2 Hyzon Motors Inc Hydrogen-powered Semi-Trucks Business Overview
4.2.3 Hyzon Motors Inc Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.2.4 Hyzon Motors Inc Product Portfolio
4.2.5 Hyzon Motors Inc Recent Developments
4.3 Daimler Truck
4.3.1 Daimler Truck Hydrogen-powered Semi-Trucks Company Information
4.3.2 Daimler Truck Hydrogen-powered Semi-Trucks Business Overview
4.3.3 Daimler Truck Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.3.4 Daimler Truck Product Portfolio
4.3.5 Daimler Truck Recent Developments
4.4 Nikola
4.4.1 Nikola Hydrogen-powered Semi-Trucks Company Information
4.4.2 Nikola Hydrogen-powered Semi-Trucks Business Overview
4.4.3 Nikola Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.4.4 Nikola Product Portfolio
4.4.5 Nikola Recent Developments
4.5 SAIC Motor Corporation Limited
4.5.1 SAIC Motor Corporation Limited Hydrogen-powered Semi-Trucks Company Information
4.5.2 SAIC Motor Corporation Limited Hydrogen-powered Semi-Trucks Business Overview
4.5.3 SAIC Motor Corporation Limited Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.5.4 SAIC Motor Corporation Limited Product Portfolio
4.5.5 SAIC Motor Corporation Limited Recent Developments
4.6 Volvo Group
4.6.1 Volvo Group Hydrogen-powered Semi-Trucks Company Information
4.6.2 Volvo Group Hydrogen-powered Semi-Trucks Business Overview
4.6.3 Volvo Group Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.6.4 Volvo Group Product Portfolio
4.6.5 Volvo Group Recent Developments
4.7 Hyundai Hydrogen Mobility
4.7.1 Hyundai Hydrogen Mobility Hydrogen-powered Semi-Trucks Company Information
4.7.2 Hyundai Hydrogen Mobility Hydrogen-powered Semi-Trucks Business Overview
4.7.3 Hyundai Hydrogen Mobility Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.7.4 Hyundai Hydrogen Mobility Product Portfolio
4.7.5 Hyundai Hydrogen Mobility Recent Developments
4.8 Sinotruk
4.8.1 Sinotruk Hydrogen-powered Semi-Trucks Company Information
4.8.2 Sinotruk Hydrogen-powered Semi-Trucks Business Overview
4.8.3 Sinotruk Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.8.4 Sinotruk Product Portfolio
4.8.5 Sinotruk Recent Developments
4.9 Weichai Power Co.,Ltd.
4.9.1 Weichai Power Co.,Ltd. Hydrogen-powered Semi-Trucks Company Information
4.9.2 Weichai Power Co.,Ltd. Hydrogen-powered Semi-Trucks Business Overview
4.9.3 Weichai Power Co.,Ltd. Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.9.4 Weichai Power Co.,Ltd. Product Portfolio
4.9.5 Weichai Power Co.,Ltd. Recent Developments
4.10 Qingling Motors
4.10.1 Qingling Motors Hydrogen-powered Semi-Trucks Company Information
4.10.2 Qingling Motors Hydrogen-powered Semi-Trucks Business Overview
4.10.3 Qingling Motors Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.10.4 Qingling Motors Product Portfolio
4.10.5 Qingling Motors Recent Developments
4.11 PACCAR
4.11.1 PACCAR Hydrogen-powered Semi-Trucks Company Information
4.11.2 PACCAR Hydrogen-powered Semi-Trucks Business Overview
4.11.3 PACCAR Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.11.4 PACCAR Product Portfolio
4.11.5 PACCAR Recent Developments
4.12 MC Heavy Duty Vehicle Co., Ltd.
4.12.1 MC Heavy Duty Vehicle Co., Ltd. Hydrogen-powered Semi-Trucks Company Information
4.12.2 MC Heavy Duty Vehicle Co., Ltd. Hydrogen-powered Semi-Trucks Business Overview
4.12.3 MC Heavy Duty Vehicle Co., Ltd. Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.12.4 MC Heavy Duty Vehicle Co., Ltd. Product Portfolio
4.12.5 MC Heavy Duty Vehicle Co., Ltd. Recent Developments
4.13 Foshan Feichi Motor Technology Co., Ltd.
4.13.1 Foshan Feichi Motor Technology Co., Ltd. Hydrogen-powered Semi-Trucks Company Information
4.13.2 Foshan Feichi Motor Technology Co., Ltd. Hydrogen-powered Semi-Trucks Business Overview
4.13.3 Foshan Feichi Motor Technology Co., Ltd. Hydrogen-powered Semi-Trucks Production, Value and Gross Margin (2020-2025)
4.13.4 Foshan Feichi Motor Technology Co., Ltd. Product Portfolio
4.13.5 Foshan Feichi Motor Technology Co., Ltd. Recent Developments
5 Global Hydrogen-powered Semi-Trucks Production by Region
5.1 Global Hydrogen-powered Semi-Trucks Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.2 Global Hydrogen-powered Semi-Trucks Production by Region: 2020-2031
5.2.1 Global Hydrogen-powered Semi-Trucks Production by Region: 2020-2025
5.2.2 Global Hydrogen-powered Semi-Trucks Production Forecast by Region (2026-2031)
5.3 Global Hydrogen-powered Semi-Trucks Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
5.4 Global Hydrogen-powered Semi-Trucks Production Value by Region: 2020-2031
5.4.1 Global Hydrogen-powered Semi-Trucks Production Value by Region: 2020-2025
5.4.2 Global Hydrogen-powered Semi-Trucks Production Value Forecast by Region (2026-2031)
5.5 Global Hydrogen-powered Semi-Trucks Market Price Analysis by Region (2020-2025)
5.6 Global Hydrogen-powered Semi-Trucks Production and Value, YOY Growth
5.6.1 North America Hydrogen-powered Semi-Trucks Production Value Estimates and Forecasts (2020-2031)
5.6.2 Europe Hydrogen-powered Semi-Trucks Production Value Estimates and Forecasts (2020-2031)
5.6.3 China Hydrogen-powered Semi-Trucks Production Value Estimates and Forecasts (2020-2031)
5.6.4 Japan Hydrogen-powered Semi-Trucks Production Value Estimates and Forecasts (2020-2031)
6 Global Hydrogen-powered Semi-Trucks Consumption by Region
6.1 Global Hydrogen-powered Semi-Trucks Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
6.2 Global Hydrogen-powered Semi-Trucks Consumption by Region (2020-2031)
6.2.1 Global Hydrogen-powered Semi-Trucks Consumption by Region: 2020-2025
6.2.2 Global Hydrogen-powered Semi-Trucks Forecasted Consumption by Region (2026-2031)
6.3 North America
6.3.1 North America Hydrogen-powered Semi-Trucks Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Hydrogen-powered Semi-Trucks Consumption by Country (2020-2031)
6.3.3 United States
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Hydrogen-powered Semi-Trucks Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Hydrogen-powered Semi-Trucks Consumption by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.4.8 Spain
6.4.9 Netherlands
6.4.10 Switzerland
6.4.11 Sweden
6.4.12 Poland
6.5 Asia Pacific
6.5.1 Asia Pacific Hydrogen-powered Semi-Trucks Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Hydrogen-powered Semi-Trucks Consumption by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 India
6.5.7 Australia
6.5.8 Taiwan
6.5.9 Southeast Asia
6.6 South America, Middle East & Africa
6.6.1 South America, Middle East & Africa Hydrogen-powered Semi-Trucks Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East & Africa Hydrogen-powered Semi-Trucks Consumption by Country (2020-2031)
6.6.3 Brazil
6.6.4 Argentina
6.6.5 Chile
6.6.6 Turkey
6.6.7 GCC Countries
7 Segment by Type
7.1 Global Hydrogen-powered Semi-Trucks Production by Type (2020-2031)
7.1.1 Global Hydrogen-powered Semi-Trucks Production by Type (2020-2031) & (Units)
7.1.2 Global Hydrogen-powered Semi-Trucks Production Market Share by Type (2020-2031)
7.2 Global Hydrogen-powered Semi-Trucks Production Value by Type (2020-2031)
7.2.1 Global Hydrogen-powered Semi-Trucks Production Value by Type (2020-2031) & (US$ Million)
7.2.2 Global Hydrogen-powered Semi-Trucks Production Value Market Share by Type (2020-2031)
7.3 Global Hydrogen-powered Semi-Trucks Price by Type (2020-2031)
8 Segment by Application
8.1 Global Hydrogen-powered Semi-Trucks Production by Application (2020-2031)
8.1.1 Global Hydrogen-powered Semi-Trucks Production by Application (2020-2031) & (Units)
8.1.2 Global Hydrogen-powered Semi-Trucks Production Market Share by Application (2020-2031)
8.2 Global Hydrogen-powered Semi-Trucks Production Value by Application (2020-2031)
8.2.1 Global Hydrogen-powered Semi-Trucks Production Value by Application (2020-2031) & (US$ Million)
8.2.2 Global Hydrogen-powered Semi-Trucks Production Value Market Share by Application (2020-2031)
8.3 Global Hydrogen-powered Semi-Trucks Price by Application (2020-2031)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Hydrogen-powered Semi-Trucks Value Chain Analysis
9.1.1 Hydrogen-powered Semi-Trucks Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Hydrogen-powered Semi-Trucks Production Mode & Process
9.2 Hydrogen-powered Semi-Trucks Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Hydrogen-powered Semi-Trucks Distributors
9.2.3 Hydrogen-powered Semi-Trucks Customers
10 Global Hydrogen-powered Semi-Trucks Analyzing Market Dynamics
10.1 Hydrogen-powered Semi-Trucks Industry Trends
10.2 Hydrogen-powered Semi-Trucks Industry Drivers
10.3 Hydrogen-powered Semi-Trucks Industry Opportunities and Challenges
10.4 Hydrogen-powered Semi-Trucks Industry Restraints
11 Report Conclusion
12 Disclaimer

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