Global Hydrogen Fuel Cell Commercial Vehicle Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Hydrogen Fuel Cell Commercial Vehicle market size was valued at US$ 2605 million in 2024 and is forecast to a readjusted size of USD 38610 million by 2031 with a CAGR of 47.5% during review period.
Hydrogen Fuel Cell Commercial Vehicle is a type of vehicle, which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust—they emit water vapor and warm air.
The key producers of global hydrogen fuel cell commercial vehicles are Foton, Geely, Yutong, Feichi Bus and Zhongtong Bus, etc. The top five producers occupy about 50% of the market share in total, among which the largest producer is Foton. The global production regions of hydrogen fuel cell commercial vehicles are mainly located in North America, Europe, China, etc., among which China is the largest production region, occupying 92.57% of the market share. In terms of product categories, buses have a higher market share of 68.20%, while trucks have a relatively lower share. In terms of its application, the market share is 50% of hydrogen fuel cell commercial vehicles for sales and 37% for public rental.
This report is a detailed and comprehensive analysis for global Hydrogen Fuel Cell Commercial Vehicle 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 2025, are provided.
Key Features:
Global Hydrogen Fuel Cell Commercial Vehicle market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Hydrogen Fuel Cell Commercial Vehicle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Hydrogen Fuel Cell Commercial Vehicle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Hydrogen Fuel Cell Commercial Vehicle market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
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 Fuel Cell Commercial Vehicle
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 Fuel Cell Commercial Vehicle 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 Hyundai, Geely, Foton, Nanjing Golden Dragon, Yutong, Feichi Bus, Zhongtong Bus, Hyzon Motors, Xiamen Golden Dragon, Yunnan Wulong, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydrogen Fuel Cell Commercial Vehicle market is split by Type and by Application. For the period 2020-2031, 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
Bus
Truck
Market segment by Application
For Sales
For Public Lease
Major players covered
Hyundai
Geely
Foton
Nanjing Golden Dragon
Yutong
Feichi Bus
Zhongtong Bus
Hyzon Motors
Xiamen Golden Dragon
Yunnan Wulong
Nikola
SAIC HONGYAN
Dongfeng Motor
Renault Group
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 Fuel Cell Commercial Vehicle product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Fuel Cell Commercial Vehicle, with price, sales quantity, revenue, and global market share of Hydrogen Fuel Cell Commercial Vehicle from 2020 to 2025.
Chapter 3, the Hydrogen Fuel Cell Commercial Vehicle competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Fuel Cell Commercial Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Hydrogen Fuel Cell Commercial Vehicle market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Fuel Cell Commercial Vehicle.
Chapter 14 and 15, to describe Hydrogen Fuel Cell Commercial Vehicle sales channel, distributors, customers, research findings and conclusion.
Hydrogen Fuel Cell Commercial Vehicle is a type of vehicle, which uses a fuel cell to power its on-board electric motor. Fuel cells in vehicles create electricity to power an electric motor, generally using oxygen from the air and compressed hydrogen. They are more efficient than conventional internal combustion engine vehicles and produce no harmful tailpipe exhaust—they emit water vapor and warm air.
The key producers of global hydrogen fuel cell commercial vehicles are Foton, Geely, Yutong, Feichi Bus and Zhongtong Bus, etc. The top five producers occupy about 50% of the market share in total, among which the largest producer is Foton. The global production regions of hydrogen fuel cell commercial vehicles are mainly located in North America, Europe, China, etc., among which China is the largest production region, occupying 92.57% of the market share. In terms of product categories, buses have a higher market share of 68.20%, while trucks have a relatively lower share. In terms of its application, the market share is 50% of hydrogen fuel cell commercial vehicles for sales and 37% for public rental.
This report is a detailed and comprehensive analysis for global Hydrogen Fuel Cell Commercial Vehicle 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 2025, are provided.
Key Features:
Global Hydrogen Fuel Cell Commercial Vehicle market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Hydrogen Fuel Cell Commercial Vehicle market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Hydrogen Fuel Cell Commercial Vehicle market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Hydrogen Fuel Cell Commercial Vehicle market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
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 Fuel Cell Commercial Vehicle
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 Fuel Cell Commercial Vehicle 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 Hyundai, Geely, Foton, Nanjing Golden Dragon, Yutong, Feichi Bus, Zhongtong Bus, Hyzon Motors, Xiamen Golden Dragon, Yunnan Wulong, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydrogen Fuel Cell Commercial Vehicle market is split by Type and by Application. For the period 2020-2031, 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
Bus
Truck
Market segment by Application
For Sales
For Public Lease
Major players covered
Hyundai
Geely
Foton
Nanjing Golden Dragon
Yutong
Feichi Bus
Zhongtong Bus
Hyzon Motors
Xiamen Golden Dragon
Yunnan Wulong
Nikola
SAIC HONGYAN
Dongfeng Motor
Renault Group
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 Fuel Cell Commercial Vehicle product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Fuel Cell Commercial Vehicle, with price, sales quantity, revenue, and global market share of Hydrogen Fuel Cell Commercial Vehicle from 2020 to 2025.
Chapter 3, the Hydrogen Fuel Cell Commercial Vehicle competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Fuel Cell Commercial Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Hydrogen Fuel Cell Commercial Vehicle market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Fuel Cell Commercial Vehicle.
Chapter 14 and 15, to describe Hydrogen Fuel Cell Commercial Vehicle sales channel, distributors, customers, research findings and conclusion.
Table of Contents
123 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Hydrogen Fuel Cell Commercial Vehicle by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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