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 size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Fuel-cell Trucks Industry Forecast” looks at past sales and reviews total world Fuel-cell Trucks sales in 2023, providing a comprehensive analysis by region and market sector of projected Fuel-cell Trucks sales for 2024 through 2030. With Fuel-cell Trucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fuel-cell Trucks industry.
This Insight Report provides a comprehensive analysis of the global Fuel-cell 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 Fuel-cell Trucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fuel-cell Trucks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fuel-cell 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 Fuel-cell Trucks.
United States market for Fuel-cell Trucks is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Fuel-cell Trucks is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Fuel-cell Trucks is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Fuel-cell Trucks players cover Toyota, Hyundai Motor, Volvo AB, Hyzon Motors and Daimler Truck, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Fuel-cell Trucks market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
LNG Truck
Hydrogen Truck
Segmentation by application
Logistics
Mining
Construction Industry
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Toyota
Hyundai Motor
Volvo AB
Hyzon Motors
Daimler Truck
PACCAR
XCMG
SACI Hongyan
SINOTRUK
Hongyan
Feichi
SANY
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fuel-cell Trucks market?
What factors are driving Fuel-cell Trucks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fuel-cell Trucks market opportunities vary by end market size?
How does Fuel-cell Trucks break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Fuel-cell Trucks Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Fuel-cell Trucks by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Fuel-cell Trucks by Country/Region, 2019, 2023 & 2030
2.2 Fuel-cell Trucks Segment by Type
2.2.1 LNG Truck
2.2.2 Hydrogen Truck
2.3 Fuel-cell Trucks Sales by Type
2.3.1 Global Fuel-cell Trucks Sales Market Share by Type (2019-2024)
2.3.2 Global Fuel-cell Trucks Revenue and Market Share by Type (2019-2024)
2.3.3 Global Fuel-cell Trucks Sale Price by Type (2019-2024)
2.4 Fuel-cell Trucks Segment by Application
2.4.1 Logistics
2.4.2 Mining
2.4.3 Construction Industry
2.4.4 Others
2.5 Fuel-cell Trucks Sales by Application
2.5.1 Global Fuel-cell Trucks Sale Market Share by Application (2019-2024)
2.5.2 Global Fuel-cell Trucks Revenue and Market Share by Application (2019-2024)
2.5.3 Global Fuel-cell Trucks Sale Price by Application (2019-2024)
3 Global Fuel-cell Trucks by Company
3.1 Global Fuel-cell Trucks Breakdown Data by Company
3.1.1 Global Fuel-cell Trucks Annual Sales by Company (2019-2024)
3.1.2 Global Fuel-cell Trucks Sales Market Share by Company (2019-2024)
3.2 Global Fuel-cell Trucks Annual Revenue by Company (2019-2024)
3.2.1 Global Fuel-cell Trucks Revenue by Company (2019-2024)
3.2.2 Global Fuel-cell Trucks Revenue Market Share by Company (2019-2024)
3.3 Global Fuel-cell Trucks Sale Price by Company
3.4 Key Manufacturers Fuel-cell Trucks Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Fuel-cell Trucks Product Location Distribution
3.4.2 Players Fuel-cell Trucks Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Fuel-cell Trucks by Geographic Region
4.1 World Historic Fuel-cell Trucks Market Size by Geographic Region (2019-2024)
4.1.1 Global Fuel-cell Trucks Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Fuel-cell Trucks Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Fuel-cell Trucks Market Size by Country/Region (2019-2024)
4.2.1 Global Fuel-cell Trucks Annual Sales by Country/Region (2019-2024)
4.2.2 Global Fuel-cell Trucks Annual Revenue by Country/Region (2019-2024)
4.3 Americas Fuel-cell Trucks Sales Growth
4.4 APAC Fuel-cell Trucks Sales Growth
4.5 Europe Fuel-cell Trucks Sales Growth
4.6 Middle East & Africa Fuel-cell Trucks Sales Growth
5 Americas
5.1 Americas Fuel-cell Trucks Sales by Country
5.1.1 Americas Fuel-cell Trucks Sales by Country (2019-2024)
5.1.2 Americas Fuel-cell Trucks Revenue by Country (2019-2024)
5.2 Americas Fuel-cell Trucks Sales by Type
5.3 Americas Fuel-cell Trucks Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Fuel-cell Trucks Sales by Region
6.1.1 APAC Fuel-cell Trucks Sales by Region (2019-2024)
6.1.2 APAC Fuel-cell Trucks Revenue by Region (2019-2024)
6.2 APAC Fuel-cell Trucks Sales by Type
6.3 APAC Fuel-cell Trucks Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Fuel-cell Trucks by Country
7.1.1 Europe Fuel-cell Trucks Sales by Country (2019-2024)
7.1.2 Europe Fuel-cell Trucks Revenue by Country (2019-2024)
7.2 Europe Fuel-cell Trucks Sales by Type
7.3 Europe Fuel-cell Trucks Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Fuel-cell Trucks by Country
8.1.1 Middle East & Africa Fuel-cell Trucks Sales by Country (2019-2024)
8.1.2 Middle East & Africa Fuel-cell Trucks Revenue by Country (2019-2024)
8.2 Middle East & Africa Fuel-cell Trucks Sales by Type
8.3 Middle East & Africa Fuel-cell Trucks Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Fuel-cell Trucks
10.3 Manufacturing Process Analysis of Fuel-cell Trucks
10.4 Industry Chain Structure of Fuel-cell Trucks
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Fuel-cell Trucks Distributors
11.3 Fuel-cell Trucks Customer
12 World Forecast Review for Fuel-cell Trucks by Geographic Region
12.1 Global Fuel-cell Trucks Market Size Forecast by Region
12.1.1 Global Fuel-cell Trucks Forecast by Region (2025-2030)
12.1.2 Global Fuel-cell Trucks Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Fuel-cell Trucks Forecast by Type
12.7 Global Fuel-cell Trucks Forecast by Application
13 Key Players Analysis
13.1 Toyota
13.1.1 Toyota Company Information
13.1.2 Toyota Fuel-cell Trucks Product Portfolios and Specifications
13.1.3 Toyota Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Toyota Main Business Overview
13.1.5 Toyota Latest Developments
13.2 Hyundai Motor
13.2.1 Hyundai Motor Company Information
13.2.2 Hyundai Motor Fuel-cell Trucks Product Portfolios and Specifications
13.2.3 Hyundai Motor Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Hyundai Motor Main Business Overview
13.2.5 Hyundai Motor Latest Developments
13.3 Volvo AB
13.3.1 Volvo AB Company Information
13.3.2 Volvo AB Fuel-cell Trucks Product Portfolios and Specifications
13.3.3 Volvo AB Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Volvo AB Main Business Overview
13.3.5 Volvo AB Latest Developments
13.4 Hyzon Motors
13.4.1 Hyzon Motors Company Information
13.4.2 Hyzon Motors Fuel-cell Trucks Product Portfolios and Specifications
13.4.3 Hyzon Motors Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Hyzon Motors Main Business Overview
13.4.5 Hyzon Motors Latest Developments
13.5 Daimler Truck
13.5.1 Daimler Truck Company Information
13.5.2 Daimler Truck Fuel-cell Trucks Product Portfolios and Specifications
13.5.3 Daimler Truck Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Daimler Truck Main Business Overview
13.5.5 Daimler Truck Latest Developments
13.6 PACCAR
13.6.1 PACCAR Company Information
13.6.2 PACCAR Fuel-cell Trucks Product Portfolios and Specifications
13.6.3 PACCAR Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 PACCAR Main Business Overview
13.6.5 PACCAR Latest Developments
13.7 XCMG
13.7.1 XCMG Company Information
13.7.2 XCMG Fuel-cell Trucks Product Portfolios and Specifications
13.7.3 XCMG Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 XCMG Main Business Overview
13.7.5 XCMG Latest Developments
13.8 SACI Hongyan
13.8.1 SACI Hongyan Company Information
13.8.2 SACI Hongyan Fuel-cell Trucks Product Portfolios and Specifications
13.8.3 SACI Hongyan Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 SACI Hongyan Main Business Overview
13.8.5 SACI Hongyan Latest Developments
13.9 SINOTRUK
13.9.1 SINOTRUK Company Information
13.9.2 SINOTRUK Fuel-cell Trucks Product Portfolios and Specifications
13.9.3 SINOTRUK Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 SINOTRUK Main Business Overview
13.9.5 SINOTRUK Latest Developments
13.10 Hongyan
13.10.1 Hongyan Company Information
13.10.2 Hongyan Fuel-cell Trucks Product Portfolios and Specifications
13.10.3 Hongyan Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Hongyan Main Business Overview
13.10.5 Hongyan Latest Developments
13.11 Feichi
13.11.1 Feichi Company Information
13.11.2 Feichi Fuel-cell Trucks Product Portfolios and Specifications
13.11.3 Feichi Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Feichi Main Business Overview
13.11.5 Feichi Latest Developments
13.12 SANY
13.12.1 SANY Company Information
13.12.2 SANY Fuel-cell Trucks Product Portfolios and Specifications
13.12.3 SANY Fuel-cell Trucks Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 SANY Main Business Overview
13.12.5 SANY Latest Developments
14 Research Findings and Conclusion
*If Applicable.