Global Hydrogen Heavy Trucks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Hydrogen heavy trucks, also known as hydrogen fuel cell trucks, are commercial trucks powered by hydrogen fuel cell technology. These trucks utilize fuel cells to generate electricity through a chemical reaction involving hydrogen and oxygen. The electricity produced powers the vehicle's electric motors, resulting in zero-emission transportation.
According to our (Global Info Research) latest study, the global Hydrogen Heavy Trucks market size was valued at US$ 1794 million in 2023 and is forecast to a readjusted size of USD 38020 million by 2030 with a CAGR of 55.5% during review period.
The Global key players of Hydrogen Heavy Trucks include Toyota, Hyundai Motor Company, Hyzon Motors, etc. The top three players hold a share over 74%. Asia-Pacific is the largest market, with a share about 32%. In terms of product type, Above 500 kilometers is the largest segment, which occupied for a share of about 51%. For application, Mineral Transportation is the largest segment, which has a share about 26%.
This report is a detailed and comprehensive analysis for global Hydrogen Heavy Trucks market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hydrogen Heavy Trucks market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Hydrogen Heavy Trucks market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Hydrogen Heavy Trucks market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Hydrogen Heavy Trucks market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydrogen Heavy Trucks
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydrogen Heavy Trucks market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota, Hyundai Motor Company, Hyzon Motors, Foshan Feichi Automobile, Zhengzhou Yutong, Dongfeng Motor, Foton Motor, FAW Jiefang, Nanjing Golden Dragon, Xiamen King Long United Automotive, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydrogen Heavy Trucks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 400 kilometers
400-500 kilometers
Above 500 kilometers
Market segment by Application
Intercity Logistics
Urban Construction
Harbor Collection and Transportation
Mineral Transportation
Others
Major players covered
Toyota
Hyundai Motor Company
Hyzon Motors
Foshan Feichi Automobile
Zhengzhou Yutong
Dongfeng Motor
Foton Motor
FAW Jiefang
Nanjing Golden Dragon
Xiamen King Long United Automotive
SANY Group
King Long
Dayun Group
XCMG
Nikola Corporation
SAIC Hongyan
Shaanxi Automobile
Grove Hydrogen Energy Technology Group
Fujian Wisdom Motor
Jiangling Motors Corporation
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydrogen Heavy Trucks product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Heavy Trucks, with price, sales quantity, revenue, and global market share of Hydrogen Heavy Trucks from 2019 to 2024.
Chapter 3, the Hydrogen Heavy Trucks competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Heavy Trucks breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydrogen Heavy Trucks market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen Heavy Trucks.
Chapter 14 and 15, to describe Hydrogen Heavy Trucks sales channel, distributors, customers, research findings and conclusion.