Global Hydrogen-powered Truck Market Growth 2024-2030
A hydrogen-powered truck, often referred to as a fuel cell electric vehicle (FCEV) truck, utilizes hydrogen gas to generate electricity through a fuel cell system.
The global Hydrogen-powered Truck market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Hydrogen-powered Truck Industry Forecast” looks at past sales and reviews total world Hydrogen-powered Truck sales in 2023, providing a comprehensive analysis by region and market sector of projected Hydrogen-powered Truck sales for 2024 through 2030. With Hydrogen-powered Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen-powered Truck industry.
This Insight Report provides a comprehensive analysis of the global Hydrogen-powered Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogen-powered Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen-powered Truck market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen-powered Truck and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogen-powered Truck.
United States market for Hydrogen-powered Truck is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Hydrogen-powered Truck is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Hydrogen-powered Truck is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Hydrogen-powered Truck players cover Toyota, Hyundai Motor, Volvo AB, Hyzon Motors, Daimler Truck, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen-powered Truck market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Light & Medium-Duty Truck
Heavy-Duty Truck
Segmentation by Application:
Industrial
Mining
Construction Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Toyota
Hyundai Motor
Volvo AB
Hyzon Motors
Daimler Truck
PACCAR
XCMG
SACI Hongyan
SINOTRUK
Hongyan
Feichi
SANY
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogen-powered Truck market?
What factors are driving Hydrogen-powered Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogen-powered Truck market opportunities vary by end market size?
How does Hydrogen-powered Truck break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.