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Global Fuel-cell Trucks Market Research Report 2025
Synopsis
A fuel cell truck is an electric truck that generates electricity from fuel cells that are powered by hydrogen stored in tanks in the truck. In a fuel cell, hydrogen and oxygen are combined through an electrochemical reaction to generate electricity, heat and water.
The global Fuel-cell Trucks market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Fuel-cell Trucks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Fuel-cell Trucks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Fuel-cell Trucks include Toyota, Hyundai Motor, Volvo AB, Hyzon Motors, Daimler Truck, PACCAR, XCMG, SACI Hongyan and SINOTRUK, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Fuel-cell 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 Fuel-cell Trucks.
Report Scope
The Fuel-cell Trucks market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fuel-cell Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Fuel-cell Trucks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Toyota
Hyundai Motor
Volvo AB
Hyzon Motors
Daimler Truck
PACCAR
XCMG
SACI Hongyan
SINOTRUK
Hongyan
Feichi
SANY
Segment by Type
LNG Truck
Hydrogen Truck
Segment by Application
Logistics
Mining
Construction Industry
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Fuel-cell Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Fuel-cell Trucks by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Fuel-cell 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
A fuel cell truck is an electric truck that generates electricity from fuel cells that are powered by hydrogen stored in tanks in the truck. In a fuel cell, hydrogen and oxygen are combined through an electrochemical reaction to generate electricity, heat and water.
The global Fuel-cell Trucks market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Fuel-cell Trucks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Fuel-cell Trucks is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Fuel-cell Trucks include Toyota, Hyundai Motor, Volvo AB, Hyzon Motors, Daimler Truck, PACCAR, XCMG, SACI Hongyan and SINOTRUK, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Fuel-cell 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 Fuel-cell Trucks.
Report Scope
The Fuel-cell Trucks market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Fuel-cell Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Fuel-cell Trucks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Toyota
Hyundai Motor
Volvo AB
Hyzon Motors
Daimler Truck
PACCAR
XCMG
SACI Hongyan
SINOTRUK
Hongyan
Feichi
SANY
Segment by Type
LNG Truck
Hydrogen Truck
Segment by Application
Logistics
Mining
Construction Industry
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Netherlands
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Fuel-cell Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Fuel-cell Trucks by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Fuel-cell 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Fuel-cell Trucks Market Overview
1.1 Product Definition
1.2 Fuel-cell Trucks Segment by Type
1.2.1 Global Fuel-cell Trucks Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 LNG Truck
1.2.3 Hydrogen Truck
1.3 Fuel-cell Trucks Segment by Application
1.3.1 Global Fuel-cell Trucks Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Logistics
1.3.3 Mining
1.3.4 Construction Industry
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Fuel-cell Trucks Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Fuel-cell Trucks Production Estimates and Forecasts (2019-2030)
1.4.4 Global Fuel-cell Trucks Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Fuel-cell Trucks Production Market Share by Manufacturers (2019-2024)
2.2 Global Fuel-cell Trucks Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Fuel-cell Trucks, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Fuel-cell Trucks Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Fuel-cell Trucks Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Fuel-cell Trucks, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Fuel-cell Trucks, Product Offered and Application
2.8 Global Key Manufacturers of Fuel-cell Trucks, Date of Enter into This Industry
2.9 Fuel-cell Trucks Market Competitive Situation and Trends
2.9.1 Fuel-cell Trucks Market Concentration Rate
2.9.2 Global 5 and 10 Largest Fuel-cell Trucks Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Fuel-cell Trucks Production by Region
3.1 Global Fuel-cell Trucks Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Fuel-cell Trucks Production Value by Region (2019-2030)
3.2.1 Global Fuel-cell Trucks Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Fuel-cell Trucks by Region (2025-2030)
3.3 Global Fuel-cell Trucks Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Fuel-cell Trucks Production by Region (2019-2030)
3.4.1 Global Fuel-cell Trucks Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Fuel-cell Trucks by Region (2025-2030)
3.5 Global Fuel-cell Trucks Market Price Analysis by Region (2019-2024)
3.6 Global Fuel-cell Trucks Production and Value, Year-over-Year Growth
3.6.1 North America Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Fuel-cell Trucks Production Value Estimates and Forecasts (2019-2030)
4 Fuel-cell Trucks Consumption by Region
4.1 Global Fuel-cell Trucks Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Fuel-cell Trucks Consumption by Region (2019-2030)
4.2.1 Global Fuel-cell Trucks Consumption by Region (2019-2024)
4.2.2 Global Fuel-cell Trucks Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Fuel-cell Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Fuel-cell Trucks Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Fuel-cell Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Fuel-cell Trucks Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Fuel-cell Trucks Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Fuel-cell Trucks Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Fuel-cell Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Fuel-cell Trucks Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Fuel-cell Trucks Production by Type (2019-2030)
5.1.1 Global Fuel-cell Trucks Production by Type (2019-2024)
5.1.2 Global Fuel-cell Trucks Production by Type (2025-2030)
5.1.3 Global Fuel-cell Trucks Production Market Share by Type (2019-2030)
5.2 Global Fuel-cell Trucks Production Value by Type (2019-2030)
5.2.1 Global Fuel-cell Trucks Production Value by Type (2019-2024)
5.2.2 Global Fuel-cell Trucks Production Value by Type (2025-2030)
5.2.3 Global Fuel-cell Trucks Production Value Market Share by Type (2019-2030)
5.3 Global Fuel-cell Trucks Price by Type (2019-2030)
6 Segment by Application
6.1 Global Fuel-cell Trucks Production by Application (2019-2030)
6.1.1 Global Fuel-cell Trucks Production by Application (2019-2024)
6.1.2 Global Fuel-cell Trucks Production by Application (2025-2030)
6.1.3 Global Fuel-cell Trucks Production Market Share by Application (2019-2030)
6.2 Global Fuel-cell Trucks Production Value by Application (2019-2030)
6.2.1 Global Fuel-cell Trucks Production Value by Application (2019-2024)
6.2.2 Global Fuel-cell Trucks Production Value by Application (2025-2030)
6.2.3 Global Fuel-cell Trucks Production Value Market Share by Application (2019-2030)
6.3 Global Fuel-cell Trucks Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Toyota
7.1.1 Toyota Fuel-cell Trucks Corporation Information
7.1.2 Toyota Fuel-cell Trucks Product Portfolio
7.1.3 Toyota Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Toyota Main Business and Markets Served
7.1.5 Toyota Recent Developments/Updates
7.2 Hyundai Motor
7.2.1 Hyundai Motor Fuel-cell Trucks Corporation Information
7.2.2 Hyundai Motor Fuel-cell Trucks Product Portfolio
7.2.3 Hyundai Motor Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Hyundai Motor Main Business and Markets Served
7.2.5 Hyundai Motor Recent Developments/Updates
7.3 Volvo AB
7.3.1 Volvo AB Fuel-cell Trucks Corporation Information
7.3.2 Volvo AB Fuel-cell Trucks Product Portfolio
7.3.3 Volvo AB Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Volvo AB Main Business and Markets Served
7.3.5 Volvo AB Recent Developments/Updates
7.4 Hyzon Motors
7.4.1 Hyzon Motors Fuel-cell Trucks Corporation Information
7.4.2 Hyzon Motors Fuel-cell Trucks Product Portfolio
7.4.3 Hyzon Motors Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Hyzon Motors Main Business and Markets Served
7.4.5 Hyzon Motors Recent Developments/Updates
7.5 Daimler Truck
7.5.1 Daimler Truck Fuel-cell Trucks Corporation Information
7.5.2 Daimler Truck Fuel-cell Trucks Product Portfolio
7.5.3 Daimler Truck Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Daimler Truck Main Business and Markets Served
7.5.5 Daimler Truck Recent Developments/Updates
7.6 PACCAR
7.6.1 PACCAR Fuel-cell Trucks Corporation Information
7.6.2 PACCAR Fuel-cell Trucks Product Portfolio
7.6.3 PACCAR Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.6.4 PACCAR Main Business and Markets Served
7.6.5 PACCAR Recent Developments/Updates
7.7 XCMG
7.7.1 XCMG Fuel-cell Trucks Corporation Information
7.7.2 XCMG Fuel-cell Trucks Product Portfolio
7.7.3 XCMG Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.7.4 XCMG Main Business and Markets Served
7.7.5 XCMG Recent Developments/Updates
7.8 SACI Hongyan
7.8.1 SACI Hongyan Fuel-cell Trucks Corporation Information
7.8.2 SACI Hongyan Fuel-cell Trucks Product Portfolio
7.8.3 SACI Hongyan Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.8.4 SACI Hongyan Main Business and Markets Served
7.7.5 SACI Hongyan Recent Developments/Updates
7.9 SINOTRUK
7.9.1 SINOTRUK Fuel-cell Trucks Corporation Information
7.9.2 SINOTRUK Fuel-cell Trucks Product Portfolio
7.9.3 SINOTRUK Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SINOTRUK Main Business and Markets Served
7.9.5 SINOTRUK Recent Developments/Updates
7.10 Hongyan
7.10.1 Hongyan Fuel-cell Trucks Corporation Information
7.10.2 Hongyan Fuel-cell Trucks Product Portfolio
7.10.3 Hongyan Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Hongyan Main Business and Markets Served
7.10.5 Hongyan Recent Developments/Updates
7.11 Feichi
7.11.1 Feichi Fuel-cell Trucks Corporation Information
7.11.2 Feichi Fuel-cell Trucks Product Portfolio
7.11.3 Feichi Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Feichi Main Business and Markets Served
7.11.5 Feichi Recent Developments/Updates
7.12 SANY
7.12.1 SANY Fuel-cell Trucks Corporation Information
7.12.2 SANY Fuel-cell Trucks Product Portfolio
7.12.3 SANY Fuel-cell Trucks Production, Value, Price and Gross Margin (2019-2024)
7.12.4 SANY Main Business and Markets Served
7.12.5 SANY Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Fuel-cell Trucks Industry Chain Analysis
8.2 Fuel-cell Trucks Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Fuel-cell Trucks Production Mode & Process
8.4 Fuel-cell Trucks Sales and Marketing
8.4.1 Fuel-cell Trucks Sales Channels
8.4.2 Fuel-cell Trucks Distributors
8.5 Fuel-cell Trucks Customers
9 Fuel-cell Trucks Market Dynamics
9.1 Fuel-cell Trucks Industry Trends
9.2 Fuel-cell Trucks Market Drivers
9.3 Fuel-cell Trucks Market Challenges
9.4 Fuel-cell Trucks Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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