Report cover image

Global Hydrogen Trucks Market Growth 2025-2031

Published Jun 03, 2025
Length 87 Pages
SKU # LPI20061631

Description

The global Hydrogen Trucks 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.

A Hydrogen Truck is a commercial, municipal, military, or personal heavy duty work vehicle of any size, weight, or purpose that employs an all-electric propulsion system which uses hydrogen fuel cells as its primary energy source.

United States market for Hydrogen Trucks 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 Trucks 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 Trucks 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 Trucks players cover Toyota Motor Corporation, Hyundai Motor Company, Nikola, Hyzon Motors, Daimler Truck, 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 Trucks Industry Forecast” looks at past sales and reviews total world Hydrogen Trucks sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydrogen Trucks sales for 2025 through 2031. With Hydrogen Trucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogen Trucks industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogen Trucks 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 Trucks.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogen Trucks market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Light
Medium
Heavy

Segmentation by Application:
Industrial
Transportation
Excavation Works
Municipal
Other

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 Motor Corporation
Hyundai Motor Company
Nikola
Hyzon Motors
Daimler Truck
SAIC MOTOR
Weichai Power Co., Ltd.
JMC Heavy Duty Vehicle Co., Ltd.
Shandong Feichi AUTOMOBILE Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydrogen Trucks market?

What factors are driving Hydrogen Trucks market growth, globally and by region?

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

How do Hydrogen Trucks market opportunities vary by end market size?

How does Hydrogen Trucks break out by Type, by Application?

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

Table of Contents

87 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Hydrogen Trucks by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Hydrogen Trucks by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.