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Hydrogen Fuel Cell Heavy Trucks Market, Global Outlook and Forecast 2024-2030

The global Hydrogen Fuel Cell Heavy Trucks market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Below 5T Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Hydrogen Fuel Cell Heavy Trucks include Toyota Motor Corporation, HYUNDAI MOTOR GROUP, Hyundai Hydrogen Mobility, Nikola, Hyzon Motors, Daimler Truck, Volvo Group, SAIC Motor Corporation Limited and Weichai Power, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Hydrogen fuel cell heavy trucks refer to new energy heavy-duty trucks equipped with hydrogen cylinders and hydrogen engines. As the price of hydrogen decreases, the cost and battery life are suitable for inter-provincial transportation. At present, major international players in this field are mainly vehicle manufacturers, while China is mainly based on stack and system manufacturers.
This report aims to provide a comprehensive presentation of the global market for Hydrogen Fuel Cell Heavy 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 Fuel Cell Heavy Trucks. This report contains market size and forecasts of Hydrogen Fuel Cell Heavy Trucks in global, including the following market information:
  • Global Hydrogen Fuel Cell Heavy Trucks Market Revenue, 2019-2024, 2025-2030, ($ millions)
  • Global Hydrogen Fuel Cell Heavy Trucks Market Sales, 2019-2024, 2025-2030, (K Units)
  • Global top five Hydrogen Fuel Cell Heavy Trucks companies in 2023 (%)
We surveyed the Hydrogen Fuel Cell Heavy Trucks manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydrogen Fuel Cell Heavy Trucks Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Hydrogen Fuel Cell Heavy Trucks Market Segment Percentages, by Type, 2023 (%)
  • Below 5T
  • 5-10T
  • Above 10T
Global Hydrogen Fuel Cell Heavy Trucks Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Hydrogen Fuel Cell Heavy Trucks Market Segment Percentages, by Application, 2023 (%)
  • Industrial
  • Mining
  • Construction
  • Logistics
  • Others
Global Hydrogen Fuel Cell Heavy Trucks Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Hydrogen Fuel Cell Heavy Trucks Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Hydrogen Fuel Cell Heavy Trucks revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Hydrogen Fuel Cell Heavy Trucks revenues share in global market, 2023 (%)
  • Key companies Hydrogen Fuel Cell Heavy Trucks sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Hydrogen Fuel Cell Heavy Trucks sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Toyota Motor Corporation
  • HYUNDAI MOTOR GROUP
  • Hyundai Hydrogen Mobility
  • Nikola
  • Hyzon Motors
  • Daimler Truck
  • Volvo Group
  • SAIC Motor Corporation Limited
  • Weichai Power
  • Dayun Automobile
  • Foshan Feichi Automobile Technology
  • Shanxi Automobile Group
  • Dongfeng Automobile
  • Zhengzhou YUTONG Group Corporation
  • Sany Automobile Manufacturing
  • Foshan Feichi Motor Technology
  • Henan Derry New ENERGY AUTOMOBILE
Outline of Major Chapters:
Chapter 1: Introduces the definition of Hydrogen Fuel Cell Heavy Trucks, market overview.
Chapter 2: Global Hydrogen Fuel Cell Heavy Trucks market size in revenue and volume.
Chapter 3: Detailed analysis of Hydrogen Fuel Cell Heavy Trucks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Hydrogen Fuel Cell Heavy 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Hydrogen Fuel Cell Heavy Trucks capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.