Global Hydrogen-powered Semi-Trucks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Market Overview
- 1.1 Product Overview and Scope of Hydrogen-powered Semi-Trucks
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Hydrogen-powered Semi-Trucks Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Hydrogen-powered Class 8 Truck
- 1.3.3 Hydrogen-powered Refuse Truck
- 1.3.4 Others
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Hydrogen-powered Semi-Trucks Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Logistics and Transportation
- 1.4.3 E-commerce and Retail
- 1.4.4 Construction and Manufacturing
- 1.4.5 Waste Management
- 1.4.6 Public Transportation
- 1.4.7 Other
- 1.5 Global Hydrogen-powered Semi-Trucks Market Size & Forecast
- 1.5.1 Global Hydrogen-powered Semi-Trucks Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Hydrogen-powered Semi-Trucks Sales Quantity (2019-2030)
- 1.5.3 Global Hydrogen-powered Semi-Trucks Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 Toyota
- 2.1.1 Toyota Details
- 2.1.2 Toyota Major Business
- 2.1.3 Toyota Hydrogen-powered Semi-Trucks Product and Services
- 2.1.4 Toyota Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 Toyota Recent Developments/Updates
- 2.2 Hyundai Hydrogen Mobility
- 2.2.1 Hyundai Hydrogen Mobility Details
- 2.2.2 Hyundai Hydrogen Mobility Major Business
- 2.2.3 Hyundai Hydrogen Mobility Hydrogen-powered Semi-Trucks Product and Services
- 2.2.4 Hyundai Hydrogen Mobility Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Hyundai Hydrogen Mobility Recent Developments/Updates
- 2.3 Nikola
- 2.3.1 Nikola Details
- 2.3.2 Nikola Major Business
- 2.3.3 Nikola Hydrogen-powered Semi-Trucks Product and Services
- 2.3.4 Nikola Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 Nikola Recent Developments/Updates
- 2.4 Hyzon Motors Inc
- 2.4.1 Hyzon Motors Inc Details
- 2.4.2 Hyzon Motors Inc Major Business
- 2.4.3 Hyzon Motors Inc Hydrogen-powered Semi-Trucks Product and Services
- 2.4.4 Hyzon Motors Inc Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 Hyzon Motors Inc Recent Developments/Updates
- 2.5 Daimler Truck
- 2.5.1 Daimler Truck Details
- 2.5.2 Daimler Truck Major Business
- 2.5.3 Daimler Truck Hydrogen-powered Semi-Trucks Product and Services
- 2.5.4 Daimler Truck Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 Daimler Truck Recent Developments/Updates
- 2.6 Volvo Group
- 2.6.1 Volvo Group Details
- 2.6.2 Volvo Group Major Business
- 2.6.3 Volvo Group Hydrogen-powered Semi-Trucks Product and Services
- 2.6.4 Volvo Group Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.6.5 Volvo Group Recent Developments/Updates
- 2.7 SAIC Motor Corporation Limited
- 2.7.1 SAIC Motor Corporation Limited Details
- 2.7.2 SAIC Motor Corporation Limited Major Business
- 2.7.3 SAIC Motor Corporation Limited Hydrogen-powered Semi-Trucks Product and Services
- 2.7.4 SAIC Motor Corporation Limited Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.7.5 SAIC Motor Corporation Limited Recent Developments/Updates
- 2.8 Weichai Power Co.,Ltd.
- 2.8.1 Weichai Power Co.,Ltd. Details
- 2.8.2 Weichai Power Co.,Ltd. Major Business
- 2.8.3 Weichai Power Co.,Ltd. Hydrogen-powered Semi-Trucks Product and Services
- 2.8.4 Weichai Power Co.,Ltd. Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.8.5 Weichai Power Co.,Ltd. Recent Developments/Updates
- 2.9 MC Heavy Duty Vehicle Co., Ltd.
- 2.9.1 MC Heavy Duty Vehicle Co., Ltd. Details
- 2.9.2 MC Heavy Duty Vehicle Co., Ltd. Major Business
- 2.9.3 MC Heavy Duty Vehicle Co., Ltd. Hydrogen-powered Semi-Trucks Product and Services
- 2.9.4 MC Heavy Duty Vehicle Co., Ltd. Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.9.5 MC Heavy Duty Vehicle Co., Ltd. Recent Developments/Updates
- 2.10 Dayun Automobile Co ., Ltd.
- 2.10.1 Dayun Automobile Co ., Ltd. Details
- 2.10.2 Dayun Automobile Co ., Ltd. Major Business
- 2.10.3 Dayun Automobile Co ., Ltd. Hydrogen-powered Semi-Trucks Product and Services
- 2.10.4 Dayun Automobile Co ., Ltd. Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.10.5 Dayun Automobile Co ., Ltd. Recent Developments/Updates
- 2.11 Foshan Feichi Motor Technology Co., Ltd.
- 2.11.1 Foshan Feichi Motor Technology Co., Ltd. Details
- 2.11.2 Foshan Feichi Motor Technology Co., Ltd. Major Business
- 2.11.3 Foshan Feichi Motor Technology Co., Ltd. Hydrogen-powered Semi-Trucks Product and Services
- 2.11.4 Foshan Feichi Motor Technology Co., Ltd. Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.11.5 Foshan Feichi Motor Technology Co., Ltd. Recent Developments/Updates
- 2.12 PACCAR
- 2.12.1 PACCAR Details
- 2.12.2 PACCAR Major Business
- 2.12.3 PACCAR Hydrogen-powered Semi-Trucks Product and Services
- 2.12.4 PACCAR Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.12.5 PACCAR Recent Developments/Updates
- 2.13 Qingling Motors
- 2.13.1 Qingling Motors Details
- 2.13.2 Qingling Motors Major Business
- 2.13.3 Qingling Motors Hydrogen-powered Semi-Trucks Product and Services
- 2.13.4 Qingling Motors Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.13.5 Qingling Motors Recent Developments/Updates
- 2.14 Beiqi Foton Motor Co., Ltd.
- 2.14.1 Beiqi Foton Motor Co., Ltd. Details
- 2.14.2 Beiqi Foton Motor Co., Ltd. Major Business
- 2.14.3 Beiqi Foton Motor Co., Ltd. Hydrogen-powered Semi-Trucks Product and Services
- 2.14.4 Beiqi Foton Motor Co., Ltd. Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.14.5 Beiqi Foton Motor Co., Ltd. Recent Developments/Updates
- 2.15 Sinotruk
- 2.15.1 Sinotruk Details
- 2.15.2 Sinotruk Major Business
- 2.15.3 Sinotruk Hydrogen-powered Semi-Trucks Product and Services
- 2.15.4 Sinotruk Hydrogen-powered Semi-Trucks Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.15.5 Sinotruk Recent Developments/Updates
3 Competitive Environment: Hydrogen-powered Semi-Trucks by Manufacturer
- 3.1 Global Hydrogen-powered Semi-Trucks Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Hydrogen-powered Semi-Trucks Revenue by Manufacturer (2019-2024)
- 3.3 Global Hydrogen-powered Semi-Trucks Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Hydrogen-powered Semi-Trucks by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Hydrogen-powered Semi-Trucks Manufacturer Market Share in 2023
- 3.4.2 Top 6 Hydrogen-powered Semi-Trucks Manufacturer Market Share in 2023
- 3.5 Hydrogen-powered Semi-Trucks Market: Overall Company Footprint Analysis
- 3.5.1 Hydrogen-powered Semi-Trucks Market: Region Footprint
- 3.5.2 Hydrogen-powered Semi-Trucks Market: Company Product Type Footprint
- 3.5.3 Hydrogen-powered Semi-Trucks Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Hydrogen-powered Semi-Trucks Market Size by Region
- 4.1.1 Global Hydrogen-powered Semi-Trucks Sales Quantity by Region (2019-2030)
- 4.1.2 Global Hydrogen-powered Semi-Trucks Consumption Value by Region (2019-2030)
- 4.1.3 Global Hydrogen-powered Semi-Trucks Average Price by Region (2019-2030)
- 4.2 North America Hydrogen-powered Semi-Trucks Consumption Value (2019-2030)
- 4.3 Europe Hydrogen-powered Semi-Trucks Consumption Value (2019-2030)
- 4.4 Asia-Pacific Hydrogen-powered Semi-Trucks Consumption Value (2019-2030)
- 4.5 South America Hydrogen-powered Semi-Trucks Consumption Value (2019-2030)
- 4.6 Middle East and Africa Hydrogen-powered Semi-Trucks Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Hydrogen-powered Semi-Trucks Sales Quantity by Type (2019-2030)
- 5.2 Global Hydrogen-powered Semi-Trucks Consumption Value by Type (2019-2030)
- 5.3 Global Hydrogen-powered Semi-Trucks Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Hydrogen-powered Semi-Trucks Sales Quantity by Application (2019-2030)
- 6.2 Global Hydrogen-powered Semi-Trucks Consumption Value by Application (2019-2030)
- 6.3 Global Hydrogen-powered Semi-Trucks Average Price by Application (2019-2030)
7 North America
- 7.1 North America Hydrogen-powered Semi-Trucks Sales Quantity by Type (2019-2030)
- 7.2 North America Hydrogen-powered Semi-Trucks Sales Quantity by Application (2019-2030)
- 7.3 North America Hydrogen-powered Semi-Trucks Market Size by Country
- 7.3.1 North America Hydrogen-powered Semi-Trucks Sales Quantity by Country (2019-2030)
- 7.3.2 North America Hydrogen-powered Semi-Trucks Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Hydrogen-powered Semi-Trucks Sales Quantity by Type (2019-2030)
- 8.2 Europe Hydrogen-powered Semi-Trucks Sales Quantity by Application (2019-2030)
- 8.3 Europe Hydrogen-powered Semi-Trucks Market Size by Country
- 8.3.1 Europe Hydrogen-powered Semi-Trucks Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Hydrogen-powered Semi-Trucks Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Hydrogen-powered Semi-Trucks Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Hydrogen-powered Semi-Trucks Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Hydrogen-powered Semi-Trucks Market Size by Region
- 9.3.1 Asia-Pacific Hydrogen-powered Semi-Trucks Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Hydrogen-powered Semi-Trucks Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Hydrogen-powered Semi-Trucks Sales Quantity by Type (2019-2030)
- 10.2 South America Hydrogen-powered Semi-Trucks Sales Quantity by Application (2019-2030)
- 10.3 South America Hydrogen-powered Semi-Trucks Market Size by Country
- 10.3.1 South America Hydrogen-powered Semi-Trucks Sales Quantity by Country (2019-2030)
- 10.3.2 South America Hydrogen-powered Semi-Trucks Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Hydrogen-powered Semi-Trucks Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Hydrogen-powered Semi-Trucks Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Hydrogen-powered Semi-Trucks Market Size by Country
- 11.3.1 Middle East & Africa Hydrogen-powered Semi-Trucks Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Hydrogen-powered Semi-Trucks Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Hydrogen-powered Semi-Trucks Market Drivers
- 12.2 Hydrogen-powered Semi-Trucks Market Restraints
- 12.3 Hydrogen-powered Semi-Trucks Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Hydrogen-powered Semi-Trucks and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Hydrogen-powered Semi-Trucks
- 13.3 Hydrogen-powered Semi-Trucks Production Process
- 13.4 Hydrogen-powered Semi-Trucks Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Hydrogen-powered Semi-Trucks Typical Distributors
- 14.3 Hydrogen-powered Semi-Trucks Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Hydrogen-powered Semi-Trucks market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
A hydrogen-powered heavy-duty truck, also known as a hydrogen fuel cell truck, is a type of commercial truck that uses hydrogen as fuel to generate electricity through a chemical reaction in a fuel cell. The electricity produced then powers an electric motor, which in turn drives the vehicle’s propulsion system.
These trucks typically consist of a hydrogen storage system, a fuel cell stack, and an electric drivetrain. The hydrogen is stored in high-pressure tanks or cryogenic storage systems on-board the truck. Within the fuel cell stack, hydrogen is combined with oxygen from the air to produce electricity. This electrochemical conversion process, known as an oxygen reduction reaction, creates only water vapor as a byproduct, making hydrogen fuel cell trucks a zero-emission option.
The Global Info Research report includes an overview of the development of the Hydrogen-powered Semi-Trucks industry chain, the market status of Logistics and Transportation (Hydrogen-powered Class 8 Truck, Hydrogen-powered Refuse Truck), E-commerce and Retail (Hydrogen-powered Class 8 Truck, Hydrogen-powered Refuse Truck), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hydrogen-powered Semi-Trucks.
Regionally, the report analyzes the Hydrogen-powered Semi-Trucks markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hydrogen-powered Semi-Trucks market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Hydrogen-powered Semi-Trucks market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hydrogen-powered Semi-Trucks industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Hydrogen-powered Class 8 Truck, Hydrogen-powered Refuse Truck).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hydrogen-powered Semi-Trucks market.
Regional Analysis: The report involves examining the Hydrogen-powered Semi-Trucks market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hydrogen-powered Semi-Trucks market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Hydrogen-powered Semi-Trucks:
Company Analysis: Report covers individual Hydrogen-powered Semi-Trucks manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hydrogen-powered Semi-Trucks This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Logistics and Transportation, E-commerce and Retail).
Technology Analysis: Report covers specific technologies relevant to Hydrogen-powered Semi-Trucks. It assesses the current state, advancements, and potential future developments in Hydrogen-powered Semi-Trucks areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hydrogen-powered Semi-Trucks market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Hydrogen-powered Semi-Trucks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Hydrogen-powered Class 8 Truck
Hydrogen-powered Refuse Truck
Others
Market segment by Application
Logistics and Transportation
E-commerce and Retail
Construction and Manufacturing
Waste Management
Public Transportation
Other
Major players covered
Toyota
Hyundai Hydrogen Mobility
Nikola
Hyzon Motors Inc
Daimler Truck
Volvo Group
SAIC Motor Corporation Limited
Weichai Power Co.,Ltd.
MC Heavy Duty Vehicle Co., Ltd.
Dayun Automobile Co ., Ltd.
Foshan Feichi Motor Technology Co., Ltd.
PACCAR
Qingling Motors
Beiqi Foton Motor Co., Ltd.
Sinotruk
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-powered Semi-Trucks product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen-powered Semi-Trucks, with price, sales, revenue and global market share of Hydrogen-powered Semi-Trucks from 2019 to 2024.
Chapter 3, the Hydrogen-powered Semi-Trucks competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen-powered Semi-Trucks breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
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 2017 to 2023.and Hydrogen-powered Semi-Trucks market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
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-powered Semi-Trucks.
Chapter 14 and 15, to describe Hydrogen-powered Semi-Trucks sales channel, distributors, customers, research findings and conclusion.