Global Hydrogen Engine and Fuel Cell Electric Vehicle Market Growth 2025-2031

The global Hydrogen Engine and Fuel Cell Electric Vehicle market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Both hydrogen internal combustion engines and hydrogen fuel cells can power vehicles that use hydrogen, a zero-carbon fuel. Hydrogen engines burn hydrogen in an internal combustion engine, just like gasoline is used in the engine. A fuel cell hydrogen vehicle (FCEV) uses hydrogen in a fuel cell unit to generate electricity and uses that power in an electric motor, just like an electric car.

United States market for Hydrogen Engine and Fuel Cell Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Hydrogen Engine and Fuel Cell Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Hydrogen Engine and Fuel Cell Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Hydrogen Engine and Fuel Cell Electric Vehicle players cover Daimler, Honda, Hyundai, Toyota, Foton, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Hydrogen Engine and Fuel Cell Electric Vehicle Industry Forecast” looks at past sales and reviews total world Hydrogen Engine and Fuel Cell Electric Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrogen Engine and Fuel Cell Electric Vehicle sales for 2025 through 2031. With Hydrogen Engine and Fuel Cell Electric Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen Engine and Fuel Cell Electric Vehicle industry.

This Insight Report provides a comprehensive analysis of the global Hydrogen Engine and Fuel Cell Electric Vehicle 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 Engine and Fuel Cell Electric Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogen Engine and Fuel Cell Electric Vehicle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen Engine and Fuel Cell Electric Vehicle 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 Engine and Fuel Cell Electric Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen Engine and Fuel Cell Electric Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hydrogen Fuel Cell Electric Vehicle
Hydrogen Internal Combustion Engine Vehicle

Segmentation by Application:
Passenger Car
Commercial Vehicle

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.
Daimler
Honda
Hyundai
Toyota
Foton
SAIC
FeiChi Bus
Dongfeng

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydrogen Engine and Fuel Cell Electric Vehicle market?

What factors are driving Hydrogen Engine and Fuel Cell Electric Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydrogen Engine and Fuel Cell Electric Vehicle market opportunities vary by end market size?

How does Hydrogen Engine and Fuel Cell Electric Vehicle break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.