Hydrogen Truck Market by Vehicle Type, Fuel Cell Technology, Motor Power(Upto 200 Kw, 200-400 Kw, Above 400 Kw), Range( Upto 300 miles, 300-500 miles, Above 500 miles), Tank Size, Type of Hydrogen Tank, and Region - Global Forecast to 2035
The global hydrogen truck market is projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion in 2035, at a CAGR of 16.9%.
Hydrogen trucks presents a significant opportunity for transportation fleet owners to achieve zero-emission transportation with similar operational benefits from conventional diesel vehicles. Government plans and initiatives for hydrogen infrastructure and production, deployment of hydrogen trucks, implementation of fleet decarbonization mandates and rapid setup of hydrogen technology R&D centers in the region due to lower cost are the factors driving the demand for hydrogen trucks. Also, lower TCO of hydrogen trucks as compared to ICE and Battery-electric trucks is increasing the demand for hydrogen truck market.
“30-60 kg segment is expected to hold a significant share of hydrogen truck market during the forecast period.”
A medium-sized hydrogen fuel tank that stores between 30 and 60 kilograms of hydrogen are commonly used in standard medium-length buses and medium-duty trucks. They offer a balance between range and payload capacity, making them suitable for a wide variety of transportation needs, including daily commutes and long- distance travel. These tanks are generally used for intercity/transit applications in buses. 30-60 kg tank is preferred over <30kg and >60 kg tank due to its operational efficiency and less refueling time, making it an ideal solution for long-haul transportation. Leading OEMs such as Solaris, Hyundai Motor Company, Foton International, Van Hool, and Mercedes Benz, among others, provide models such as Foton BJ6123FCEVCH, Hyundai UNIVERSE Fuel Cell, Hyundai ELEC CITY Fuel Cell, eCitaro fuel cell, hydrogen buses with fuel tank capacities of 30-60 kg. Trucks usually use these tanks for refuse services as well as long-haul transportation. OEMs such as HYZON Motors, Hyundai Motor Company, Foton International, and Nikola, among others, provide models such as Hymax 24t, Xcient FC, Nikola Tre, HYMAX-500 and QUANTRON FCEV EU Heavy Truck, among others with fuel tank capacity of 30-60 kg.
“200-400 kw to lead the market for hydrogen buses and truck, by motor power”
The 200-400 kW segment has a wide range of applications, including regular city buses and articulated buses utilized on mixed urban and suburban routes and medium-duty trucks that demand more power and speed. Also, 200-400 kW is more prevalent in Transit buses due to its balance between power output and vehicle range.
Hydrogen trucks in North America generally include motors which vary from 200 kW to 400 kW. California transit companies, such as AC Transit and SunLine Transit, are in their early stages of hydrogen bus deployment due to state zero-emission transportation applications. The high cost of hydrogen generation, limited refueling infrastructure, and the necessity for more technology advancements are significant barriers. Leading automakers in Europe, like Solaris and IVECO s.p.a., have started operating hydrogen transit buses in the region. Solaris, for example, delivered 200 hydrogen buses to about 24 European cities in December 2023 and secured additional pre-orders for 600 hydrogen-powered vehicles between 2024 and 2026.
“North America is expected to have significant growth during the forecast period.”
North America has been one of the leading regions in terms of manufacturing of hydrogen vehicles with the help of renowned fuel cell component providers in the US and Canada such as Ballard Power (Canada), Plug Power (US), and Fuel Cell Energy (US). US and Canada have been supporting the growth of FCEVs, especially in the commercial vehicle sector. The governments have supported performance testing for hydrogen vehicles for interstate logistics and buses. The presence of companies like Ballard Power Systems, Hyster-Yale, Plug Power, Cummins, Advent Technologies Holdings, BorgWarner, among others makes the North American market more competitive. Transit agencies in the North America are increasingly adopting hydrogen buses by local OEMs, such as NFI and First Hydrogen, due to their longer operational range, and quick refueling times across diverse climates. Unlike electric buses, which have longer charging times and infrastructure prerequisites, hydrogen buses offer a more scalable and viable solution. Every hydrogen bus deployed in the US could reduce the carbon released into the atmosphere by 100 tons annually and eliminate the need for 9,000 gallons of fuel every year over the vehicle's life. Compared to ICE Buses, that translates into more than USD 37,000 per year per vehicle savings.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
The report covers the hydrogen truck market, in terms of Vehicle Type (Hydrogen Bus, Hydrogen Truck), Fuel Cell Technology (PEMFC, SOFC), Motor Power (Less Than 200 KW, 200 – 400 KW, Above 400 KW), Range (Upto 300 Miles, Between 300 – 500 Miles, Above 500 Miles), Tank Size(<30 kg, 30-60 kg, >60 kg), Type of Hydrogen Tank (Type III, Type IV), and Region (Asia Pacific, Europe, and North America). It covers the competitive landscape and company profiles of the major players in the hydrogen truck market ecosystem.
The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
Hydrogen trucks presents a significant opportunity for transportation fleet owners to achieve zero-emission transportation with similar operational benefits from conventional diesel vehicles. Government plans and initiatives for hydrogen infrastructure and production, deployment of hydrogen trucks, implementation of fleet decarbonization mandates and rapid setup of hydrogen technology R&D centers in the region due to lower cost are the factors driving the demand for hydrogen trucks. Also, lower TCO of hydrogen trucks as compared to ICE and Battery-electric trucks is increasing the demand for hydrogen truck market.
“30-60 kg segment is expected to hold a significant share of hydrogen truck market during the forecast period.”
A medium-sized hydrogen fuel tank that stores between 30 and 60 kilograms of hydrogen are commonly used in standard medium-length buses and medium-duty trucks. They offer a balance between range and payload capacity, making them suitable for a wide variety of transportation needs, including daily commutes and long- distance travel. These tanks are generally used for intercity/transit applications in buses. 30-60 kg tank is preferred over <30kg and >60 kg tank due to its operational efficiency and less refueling time, making it an ideal solution for long-haul transportation. Leading OEMs such as Solaris, Hyundai Motor Company, Foton International, Van Hool, and Mercedes Benz, among others, provide models such as Foton BJ6123FCEVCH, Hyundai UNIVERSE Fuel Cell, Hyundai ELEC CITY Fuel Cell, eCitaro fuel cell, hydrogen buses with fuel tank capacities of 30-60 kg. Trucks usually use these tanks for refuse services as well as long-haul transportation. OEMs such as HYZON Motors, Hyundai Motor Company, Foton International, and Nikola, among others, provide models such as Hymax 24t, Xcient FC, Nikola Tre, HYMAX-500 and QUANTRON FCEV EU Heavy Truck, among others with fuel tank capacity of 30-60 kg.
“200-400 kw to lead the market for hydrogen buses and truck, by motor power”
The 200-400 kW segment has a wide range of applications, including regular city buses and articulated buses utilized on mixed urban and suburban routes and medium-duty trucks that demand more power and speed. Also, 200-400 kW is more prevalent in Transit buses due to its balance between power output and vehicle range.
Hydrogen trucks in North America generally include motors which vary from 200 kW to 400 kW. California transit companies, such as AC Transit and SunLine Transit, are in their early stages of hydrogen bus deployment due to state zero-emission transportation applications. The high cost of hydrogen generation, limited refueling infrastructure, and the necessity for more technology advancements are significant barriers. Leading automakers in Europe, like Solaris and IVECO s.p.a., have started operating hydrogen transit buses in the region. Solaris, for example, delivered 200 hydrogen buses to about 24 European cities in December 2023 and secured additional pre-orders for 600 hydrogen-powered vehicles between 2024 and 2026.
“North America is expected to have significant growth during the forecast period.”
North America has been one of the leading regions in terms of manufacturing of hydrogen vehicles with the help of renowned fuel cell component providers in the US and Canada such as Ballard Power (Canada), Plug Power (US), and Fuel Cell Energy (US). US and Canada have been supporting the growth of FCEVs, especially in the commercial vehicle sector. The governments have supported performance testing for hydrogen vehicles for interstate logistics and buses. The presence of companies like Ballard Power Systems, Hyster-Yale, Plug Power, Cummins, Advent Technologies Holdings, BorgWarner, among others makes the North American market more competitive. Transit agencies in the North America are increasingly adopting hydrogen buses by local OEMs, such as NFI and First Hydrogen, due to their longer operational range, and quick refueling times across diverse climates. Unlike electric buses, which have longer charging times and infrastructure prerequisites, hydrogen buses offer a more scalable and viable solution. Every hydrogen bus deployed in the US could reduce the carbon released into the atmosphere by 100 tons annually and eliminate the need for 9,000 gallons of fuel every year over the vehicle's life. Compared to ICE Buses, that translates into more than USD 37,000 per year per vehicle savings.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: OEMs - 24%, Tier I - 67%, and Tier II & III- 9%,
- By Designation: C- Level Executives - 33%, Directors - 52%, and Others - 15%
- By Region: North America - 26%, Europe - 36%, and Asia Pacific - 38%
Research Coverage:
The report covers the hydrogen truck market, in terms of Vehicle Type (Hydrogen Bus, Hydrogen Truck), Fuel Cell Technology (PEMFC, SOFC), Motor Power (Less Than 200 KW, 200 – 400 KW, Above 400 KW), Range (Upto 300 Miles, Between 300 – 500 Miles, Above 500 Miles), Tank Size(<30 kg, 30-60 kg, >60 kg), Type of Hydrogen Tank (Type III, Type IV), and Region (Asia Pacific, Europe, and North America). It covers the competitive landscape and company profiles of the major players in the hydrogen truck market ecosystem.
The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
- The report will help market leaders/new entrants with information on the closest approximations of revenue and volume numbers for the overall hydrogen truck market and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies.
- The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
- The report also helps stakeholders understand the current and future pricing trends of hydrogen buses and trucks.
- Analysis of key drivers (Fleet Decarbonization Mandates, Faster refueling compared to EVs, Expansion of Hydrogen Refueling Infrastructure, Growing investment in Green Hydrogen production), restraints (High Initial Investment in Hydrogen Refueling Infrastructure, Infrastructure Scalability Issues, Issue with high flammability and detection of fuel leakages), opportunities (Advancements in Fuel Cell Technology, Integration with Renewable Energy Sources, Hydrogen Corridors, Government initiatives promoting hydrogen infrastructure, Development of portable hydrogen refueling stations), and challenges (High Vehicle Cost compared to gasoline/EVs, Hydrogen Storage & Transportation Challenges, Higher operating cost compared to EVs).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the hydrogen bus and truck market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the hydrogen truck market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the hydrogen truck market.
- Competitive Assessment: In-depth assessment of market ranking, growth strategies, and service offerings of leading players like Foton International (China), Yutong Bus Co., Ltd. (China), Xiamen King Long International Trading Co., Ltd. (China), Solaris Bus & Coach sp. z o.o. (Poland), and Hyundai Motor Company (South Korea) among others in hydrogen truck market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS & EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interview participants
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.1.2.4 List of primary participants
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYDROGEN BUS & TRUCK MARKET
4.2 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE
4.3 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK
4.4 HYDROGEN BUS & TRUCK MARKET, BY HYDROGEN TANK SIZE
4.5 HYDROGEN BUS & TRUCK MARKET, BY RANGE
4.6 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER
4.7 HYDROGEN BUS & TRUCK MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 IMPACT OF AI/GEN AI ON HYDROGEN BUS & TRUCK MARKET
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
5.4.1.1 Fleet decarbonization mandates
5.4.1.2 Faster refueling than EVs
5.4.1.3 Expansion of hydrogen refueling infrastructure
5.4.1.4 Growing investment in ‘Green Hydrogen’ production
5.4.1.5 Government initiatives promoting fuel cell vehicles
5.4.2 RESTRAINTS
5.4.2.1 High initial investments in hydrogen refueling infrastructure
5.4.2.2 Infrastructure scalability issues
5.4.2.3 High flammability and detection of fuel leakages
5.4.3 OPPORTUNITIES
5.4.3.1 Advancements in fuel cell technology
5.4.3.1.1 FCEV commercial freight truck developments
5.4.3.2 Development of mobile and community hydrogen fueling systems
5.4.3.3 Integration with renewable energy sources
5.4.3.4 Deployment of hydrogen corridors
5.4.4 CHALLENGES
5.4.4.1 High cost compared to gasoline/electric vehicles
5.4.4.2 Hydrogen storage and transportation challenges
5.4.4.3 Higher operating costs than EVs
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR HYDROGEN BUSES
5.5.2 AVERAGE SELLING PRICE TREND OF KEY OEMS FOR HYDROGEN TRUCKS
5.5.3 AVERAGE SELLING PRICE TREND, BY REGION
5.6 ECOSYSTEM ANALYSIS
5.7 VALUE CHAIN ANALYSIS
5.8 CASE STUDY ANALYSIS
5.8.1 BALLARD POWER SYSTEMS INTRODUCED ZERO-EMISSION HYDROGEN FUEL CELL BUSES TO REDUCE GREENHOUSE GAS EMISSIONS
5.8.2 BALLARD POWER SYSTEMS SUPPLIED FCVELOCITY-9SSL FUEL CELL STACKS TO SHANGHAI RE-FIRE TECHNOLOGY TO ESTABLISH FLEET OF 500 FUEL CELL TRUCKS
5.8.3 TRANSPORT FOR LONDON (TFL) INTRODUCED FUEL CELL BUSES TO REDUCE CARBON EMISSIONS BY 2025
5.8.4 BALLARD POWER SYSTEM AND VAN HOOL COLLABORATED TO ESTABLISH SUSTAINABLE TRANSPORTATION SOLUTION
5.8.5 HALL DECIDED TO INVEST IN NIKOLA TRE FCEVS (FUEL CELL ELECTRIC VEHICLES) TO ELIMINATE USE OF FOSSIL FUEL TRUCKS
5.9 KEY OEMS: MNM INSIGHTS
5.9.1 FOTON INTERNATIONAL: FCEV STRATEGIES
5.9.2 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: FCEV STRATEGIES
5.9.3 YUTONG BUS CO., LTD.: FCEV STRATEGIES
5.9.4 SOLARIS BUS & COACH SP. Z.O.O.: FCEV STRATEGIES
5.9.5 HYUNDAI MOTOR COMPANY: FCEV STRATEGIES
5.10 HYDROGEN BUS & TRUCK MARKET: BUSINESS MODELS
5.11 HYDROGEN REFUELING STATION SETUP TRENDS, BY REGION: MNM INSIGHTS
5.12 COUNTRY-LEVEL TARGETS OF HYDROGEN BUSES/TRUCKS AND REFUELLING STATIONS: MNM INSIGHTS
5.13 HYDROGEN COMMERCIAL VEHICLES’ FUEL CAPACITY AND RANGE: MNM INSIGHTS
5.14 EXISTING AND UPCOMING HYDROGEN COMMERCIAL VEHICLE MODELS: MNM INSIGHTS
5.15 H2ICE BUSES & TRUCKS: MNM INSIGHTS
5.16 TRADE ANALYSIS
5.16.1 EXPORT SCENARIO
5.16.2 IMPORT SCENARIO
5.17 TOTAL COST OF OWNERSHIP COMPARISON OF BEV AND FCEV BUSES AND TRUCKS
5.18 BILL OF MATERIALS
5.18.1 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE, AND BEV BUSES
5.18.2 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE, AND BEV TRUCKS
5.19 PATENT ANALYSIS
5.19.1 INTRODUCTION
5.20 REGULATORY LANDSCAPE
5.20.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS, BY REGION
5.21 TECHNOLOGY ANALYSIS
5.21.1 KEY TECHNOLOGIES
5.21.1.1 Solid Oxide Fuel Cell (SOFC)
5.21.1.2 Polymer Electrolyte Membrane Fuel Cell (PEMFC)
5.21.1.3 Direct Borohydride Fuel Cell (DBFC)
5.21.1.4 Packaged fuel cell system module
5.21.1.5 Fuel Cell Hybrid Electric Vehicle (FCHEV)
5.21.1.6 Hydrogen Internal Combustion Engine (H2ICE)
5.21.1.7 Non-precious metal catalyst-based fuel cell
5.21.1.8 Carbonate-Superstructured Solid Fuel Cell (CSSFC)
5.21.2 COMPLEMENTARY TECHNOLOGIES
5.21.2.1 Low carbon hydrogen
5.21.2.2 Hydrogenious LOHC (Liquid Organic Hydrogen Carrier)
5.21.2.3 Liquefied hydrogen technology
5.21.3 ADJACENT TECHNOLOGIES
5.21.3.1 Telematics and fleet management systems
5.21.3.2 Hydrogen sensor system
5.22 KEY CONFERENCES & EVENTS, 2024–2025
5.23 KEY STAKEHOLDERS & BUYING CRITERIA
5.23.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.23.2 BUYING CRITERIA
5.24 INVESTMENT & FUNDING SCENARIO
5.25 FUNDING, BY VEHICLE TYPE
6 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER
6.1 INTRODUCTION
6.2 UP TO 200 KW
6.2.1 LAST-MILE DELIVERY SERVICES TO BOOST DEMAND FOR ENGINES WITH POWER RANGE OF UP TO 200 KW
6.2.2 UP TO 200 KW: HYDROGEN BUS MODELS
6.2.3 UP TO 200 KW: HYDROGEN TRUCK MODELS
6.3 200–400 KW
6.3.1 GROWING DEMAND FOR TRANSIT BUSES TO DRIVE GROWTH
OF 200–400 KW SEGMENT
6.3.2 200–400 KW: HYDROGEN BUS MODELS
6.3.3 200–400 KW: HYDROGEN TRUCK MODELS
6.4 ABOVE 400 KW
6.4.1 INCREASING DEMAND FOR HEAVY-DUTY TRANSPORTATION TO BOOST MARKET
6.4.2 ABOVE 400 KW: HYDROGEN BUS MODELS
6.4.3 ABOVE 400 KW: HYDROGEN TRUCK MODELS
6.5 KEY PRIMARY INSIGHTS
7 HYDROGEN BUS & TRUCK MARKET, BY RANGE
7.1 INTRODUCTION
7.2 UP TO 300 MILES
7.2.1 DEMAND FOR EMISSION-FREE INTRACITY TRANSPORTATION AND LAST-MILE DELIVERY TO DRIVE SEGMENT GROWTH
7.2.2 UP TO 300 MILES: HYDROGEN BUS MODELS
7.2.3 UP TO 300 MILES: HYDROGEN TRUCK MODELS
7.3 300–500 MILES
7.3.1 DEMAND FOR FIELD SERVICES AND TRANSIT OPERATIONS TO DRIVE SEGMENT’S GROWTH
7.3.2 300–500 MILES: HYDROGEN BUS MODELS
7.3.3 300–500 MILES: HYDROGEN TRUCK MODELS
7.4 ABOVE 500 MILES
7.4.1 INCREASING NEED FOR LONG-HAUL, HEAVY-DUTY TRANSPORTATION TO DRIVE MARKET
7.4.2 ABOVE 500 MILES: HYDROGEN BUS MODELS
7.4.3 ABOVE 500 MILES: HYDROGEN TRUCK MODELS
7.5 KEY PRIMARY INSIGHTS
8 HYDROGEN BUS & TRUCK MARKET, BY HYDROGEN TANK SIZE
8.1 INTRODUCTION
8.2 < 30 KG
8.2.1 DEMAND FOR LAST-MILE DELIVERY SERVICES AND SHORT-RANGE H2 BUSES TO BOOST MARKET
8.2.2 < 30 KG: HYDROGEN BUS AND TRUCK MODELS
8.3 30–60 KG
8.3.1 GROWING DEMAND FOR LONG-HAUL TRANSPORTATION TO SPUR MARKET GROWTH
8.3.2 30–60 KG: HYDROGEN BUS AND TRUCK MODELS
8.4 > 60 KG
8.4.1 INCREASING DEMAND FOR HEAVY-DUTY TRANSPORTATION TO BOOST GROWTH
8.4.2 > 60 KG: HYDROGEN BUS AND TRUCK MODELS
8.5 KEY PRIMARY INSIGHTS
9 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK
9.1 INTRODUCTION
9.1.1 HYDROGEN TANK TYPE CLASSIFICATION FOR AUTOMOTIVE APPLICATION
9.2 TYPE III
9.2.1 TYPE III TANKS CAN WITHSTAND HIGHER INTERNAL PRESSURE THAN OTHER TANKS
9.2.2 HYDROGEN BUSES WITH TYPE III HYDROGEN TANKS
9.2.3 HYDROGEN TRUCKS WITH TYPE III HYDROGEN TANKS
9.3 TYPE IV
9.3.1 NEED FOR HIGH-PRESSURE STORAGE OF HYDROGEN TO BOOST DEMAND FOR TYPE IV TANKS
9.3.2 HYDROGEN BUSES WITH TYPE IV HYDROGEN TANKS
9.3.3 HYDROGEN TRUCKS WITH TYPE IV HYDROGEN TANKS
9.4 KEY PRIMARY INSIGHTS
10 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE
10.1 INTRODUCTION
10.2 HYDROGEN BUSES
10.2.1 GOVERNMENT INITIATIVES TO BOOST DEMAND FOR HYDROGEN BUSES
10.2.2 MINIBUSES/SHUTTLES
10.2.2.1 HYDROGEN MINIBUS/SHUTTLE MODELS
10.2.3 CITY/TRANSIT BUSES
10.2.3.1 Hydrogen city/transit bus models
10.3 HYDROGEN TRUCKS
10.3.1 GROWING DEMAND FOR LONG-HAUL TRANSPORTATION TO DRIVE HYDROGEN TRUCKS MARKET
10.3.2 MEDIUM-DUTY TRUCKS
10.3.2.1 Hydrogen medium-duty truck models
10.3.3 HEAVY-DUTY TRUCKS
10.3.3.1 Hydrogen heavy-duty truck models
10.4 KEY PRIMARY INSIGHTS
11 HYDROGEN BUS & TRUCK MARKET, BY REGION
11.1 INTRODUCTION
11.2 ASIA PACIFIC
11.2.1 MACROECONOMIC OUTLOOK
11.2.2 CHINA
11.2.2.1 Rising investments in clean and renewable energy to drive growth
11.2.3 JAPAN
11.2.3.1 Increasing demand for hydrogen infrastructure to boost market
11.2.4 SOUTH KOREA
11.2.4.1 Push by local OEMs like Hyundai to encourage market demand and expansion
11.2.5 INDIA
11.2.5.1 Initiatives by government to promote ‘Green Transportation’ to drive growth
11.3 EUROPE
11.3.1 MACROECONOMIC OUTLOOK
11.3.2 FRANCE
11.3.2.1 Presence of major hydrogen-powered fleets to spur demand
11.3.3 GERMANY
11.3.3.1 Developments in hydrogen infrastructure to boost growth
11.3.4 ITALY
11.3.4.1 Shift toward hydrogen-powered vehicles to drive market
11.3.5 SPAIN
11.3.5.1 Strategic partnerships and investments to drive production of hydrogen-powered vehicles
11.3.6 UK
11.3.6.1 Demand for zero-emission vehicles to drive market
11.4 NORTH AMERICA
11.4.1 MACROECONOMIC OUTLOOK
11.4.2 CANADA
11.4.2.1 Demand for fleet decarbonization to propel growth
11.4.3 US
11.4.3.1 Increasing deployment of hydrogen buses to spur popularity of hydrogen-powered vehicles
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
12.3 MARKET SHARE ANALYSIS, 2023
12.4 REVENUE ANALYSIS
12.5 COMPANY VALUATION AND FINANCIAL METRICS
12.6 BRAND/PRODUCT COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.9 COMPETITIVE SCENARIO
12.9.1 PRODUCT LAUNCHES
12.9.2 DEALS
12.9.3 EXPANSION
12.9.4 OTHER DEVELOPMENTS
13 COMPANY PROFILES
13.1 KEY PLAYERS
13.1.1 FOTON INTERNATIONAL
13.1.1.1 Business overview
13.1.1.2 Products/Solutions offered
13.1.1.3 Recent developments
13.1.1.4 MnM view
13.1.1.4.1 Right to win
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses & competitive threats
13.1.2 YUTONG BUS CO., LTD.
13.1.2.1 Business overview
13.1.2.2 Products/Solutions offered
13.1.2.3 Recent developments
13.1.2.4 MnM view
13.1.2.4.1 Right to win
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses & competitive threats
13.1.3 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD. (KING LONG)
13.1.3.1 Business overview
13.1.3.2 Products/Solutions offered
13.1.3.3 Recent developments
13.1.3.4 MnM view
13.1.3.4.1 Right to win
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses & competitive threats
13.1.4 SOLARIS BUS & COACH SP. Z O.O.
13.1.4.1 Business overview
13.1.4.2 Products/Services offered
13.1.4.3 Recent developments
13.1.4.4 MnM view
13.1.4.4.1 Right to win
13.1.4.4.2 Strategic choices
13.1.4.4.3 Weaknesses & competitive threats
13.1.5 HYUNDAI MOTOR COMPANY
13.1.5.1 Business overview
13.1.5.2 Products/Solutions offered
13.1.5.3 Recent developments
13.1.5.4 MnM view
13.1.5.4.1 Right to win
13.1.5.4.2 Strategic choices
13.1.5.4.3 Weaknesses & competitive threats
13.1.6 ANHUI ANKAI AUTOMOBILE CO., LTD
13.1.6.1 Business overview
13.1.6.2 Products/Solutions offered
13.1.6.3 Recent developments
13.1.7 NIKOLA CORPORATION
13.1.7.1 Business overview
13.1.7.2 Products/Solutions offered
13.1.7.3 Recent developments
13.1.8 TOYOTA MOTOR CORPORATION
13.1.8.1 Business overview
13.1.8.2 Products/Solutions offered
13.1.8.3 Recent developments
13.1.9 VDL GROEP
13.1.9.1 Business overview
13.1.9.2 Products/Solutions offered
13.1.9.3 Recent developments
13.1.10 NFI GROUP
13.1.10.1 Business overview
13.1.10.2 Products/Solutions offered
13.1.10.3 Recent developments
13.1.11 ZHONGTONG BUS HOLDING CO., LTD.
13.1.11.1 Business overview
13.1.11.2 Products/Solutions offered
13.1.11.3 Recent developments
13.1.12 DAIMLER TRUCK AG
13.1.12.1 Business overview
13.1.12.2 Products/Solutions offered
13.1.12.3 Recent developments
13.1.13 IVECO S.P.A
13.1.13.1 Business overview
13.1.13.2 Products/Solutions offered
13.1.13.3 Recent developments
13.2 OTHER PLAYERS
13.2.1 SAIC-IVECO HONGYAN COMMERCIAL VEHICLE CO., LTD.
13.2.2 SINOTRUK (CNHTC)
13.2.3 DAYUN AUTO
13.2.4 DONGFENG MOTOR COMPANY
13.2.5 ZHEJIANG GEELY HOLDING GROUP
13.2.6 CHARIOT MOTORS
13.2.7 OTOKAR
13.2.8 KARSAN
13.2.9 RAMPINI CARLO S.P.A.
13.2.10 FIRST HYDROGEN
13.2.11 TEVVA
13.2.12 SANY GROUP
13.2.13 PACCAR INC.
13.2.14 WRIGHTBUS
13.2.15 HYZON
13.2.16 QINGLING ISUZU MOTORS IMPORT&EXPORT CO., LTD.
13.2.17 FAW JIEFANG AUTOMOTIVE CO., LTD.
13.2.18 AB VOLVO
14 RECOMMENDATIONS BY MARKETSANDMARKETS
14.1 URBAN TRANSIT HYDROGEN BUSES TO GAIN TRACTION IN EUROPE
14.2 HYDROGEN TRUCKS FOR LONG-HAUL TRANSPORTATION
14.2.1 POTENTIAL OF HYDROGEN FUEL CELL TRUCKS IN NORTH AMERICA
14.3 CHINA TO BE MOST LUCRATIVE HYDROGEN BUS & TRUCK MARKET IN SHORT TERM
14.4 CONCLUSION
15 APPENDIX
15.1 KEY INSIGHTS BY INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.4.1 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE CLASS AT REGIONAL LEVEL
15.4.2 HYDROGEN BUS & TRUCK MARKET, ADDITIONAL COUNTRIES (UP TO THREE)
15.4.3 PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO THREE)
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
TABLE 1 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY MOTOR POWER
TABLE 2 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY VEHICLE TYPE
TABLE 3 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY RANGE
TABLE 4 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY TYPE OF TANK
TABLE 5 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY HYDROGEN TANK SIZE
TABLE 6 INCLUSIONS & EXCLUSIONS
TABLE 7 USD EXCHANGE RATES, 2019–2023
TABLE 8 FLEET PLANNING COMPARISON: ELECTRIC FLEET PLANNING VS. HYDROGEN FLEET PLANNING VS. ICE FLEET PLANNING
TABLE 9 COMPARISON OF TRUCKS: BEV, PHEV, FCEV, AND HEV CHARGING/REFUELING
TABLE 10 COMPARISON OF TRUCKS: FCEV HYDROGEN VS. BEV CHARGING/FUELING
TABLE 11 COMPARISON OF BUSES: FCEV HYDROGEN VS. BEV CHARGING/FUELING
TABLE 12 COMPARISON OF BUSES: FCEV HYDROGEN VS. BEV CHARGING/FUELING
TABLE 13 FCEV TRUCK COMPARISON
TABLE 14 FCEV BUS COMPARISON
TABLE 15 HYDROGEN BUS & TRUCK MARKET DYNAMICS: IMPACT ANALYSIS
TABLE 16 AVERAGE SELLING PRICES OF KEY PLAYERS FOR HYDROGEN BUSES,
2020–2023 (USD THOUSAND)
TABLE 17 AVERAGE SELLING PRICES OF KEY OEMS FOR HYDROGEN TRUCKS,
2020–2023 (USD THOUSAND)
TABLE 18 AVERAGE SELLING PRICES OF HYDROGEN BUSES,
BY REGION, 2020–2023 (USD THOUSAND)
TABLE 19 AVERAGE SELLING PRICES OF HYDROGEN TRUCKS,
BY REGION, 2020–2023 (USD THOUSAND)
TABLE 20 ROLE OF PLAYERS IN ECOSYSTEM
TABLE 21 FOTON INTERNATIONAL: FCEV STRATEGIES
TABLE 22 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: FCEV STRATEGIES
TABLE 23 YUTONG BUS CO., LTD.: FCEV STRATEGIES
TABLE 24 SOLARIS BUS & COACH SP. Z.O.O.: FCEV STRATEGIES
TABLE 25 HYUNDAI MOTOR COMPANY: FCEV STRATEGIES
TABLE 26 HYDROGEN BUS & TRUCK MARKET: BUSINESS MODELS
TABLE 27 US: FUEL CELL ELECTRIC BUS PROJECTS
TABLE 28 FUEL CELL BUS DEVELOPMENT AND DEPLOYMENT ANNOUNCEMENT
TABLE 29 HYDROGEN TRUCKS: EXISTING AND UPCOMING FCEV MODELS
TABLE 30 HYDROGEN BUSES: EXISTING AND UPCOMING FCEV MODELS
TABLE 31 EXISTING AND UPCOMING H2ICE MODELS
TABLE 32 EXPORT DATA FOR HS CODE: 8702, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 33 EXPORT DATA FOR HS CODE: 8703, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 34 IMPORT DATA FOR HS CODE: 8702, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 35 IMPORT DATA FOR HS CODE: 8703, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 36 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE,
AND BEV BUSES (USD THOUSAND)
TABLE 37 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE,
AND BEV TRUCKS (USD THOUSAND)
TABLE 38 LIST OF PATENTS GRANTED IN HYDROGEN BUS & TRUCK MARKET, 2021–2024
TABLE 39 NORTH AMERICA: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE
TABLE 40 EUROPE: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE
TABLE 41 ASIA PACIFIC: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE
TABLE 42 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
TABLE 43 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
TABLE 44 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
TABLE 45 COMPARISON OF H2ICE AND FCEV
TABLE 46 LIST OF CONFERENCES & EVENTS, 2024–2025
TABLE 47 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF HYDROGEN BUSES
AND TRUCKS (%)
TABLE 48 KEY BUYING CRITERIA FOR HYDROGEN BUSES AND TRUCKS, BY VEHICLE TYPE
TABLE 49 LIST OF FUNDING MADE BY PLAYERS, 2021?2022
TABLE 50 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER, 2020–2023 (UNITS)
TABLE 51 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER, 2024–2030 (UNITS)
TABLE 52 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER, 2031–2035 (UNITS)
TABLE 53 UP TO 200 KW: HYDROGEN BUS MODELS
TABLE 54 UP TO 200 KW: HYDROGEN TRUCK MODELS
TABLE 55 UP TO 200 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2020–2023 (UNITS)
TABLE 56 UP TO 200 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2024–2030 (UNITS)
TABLE 57 UP TO 200 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2031–2035 (UNITS)
TABLE 58 200–400 KW: HYDROGEN BUS MODELS
TABLE 59 200–400 KW: HYDROGEN TRUCK MODELS
TABLE 60 200–400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2020–2023 (UNITS)
TABLE 61 200–400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2024–2030 (UNITS)
TABLE 62 200–400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2031–2035 (UNITS)
TABLE 63 ABOVE 400 KW: HYDROGEN BUS MODELS
TABLE 64 ABOVE 400 KW: HYDROGEN TRUCK MODELS
TABLE 65 ABOVE 400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2020–2023 (UNITS)
TABLE 66 ABOVE 400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2024–2030 (UNITS)
TABLE 67 ABOVE 400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2031–2035 (UNITS)
TABLE 68 HYDROGEN BUS & TRUCK MARKET, BY RANGE, 2020–2023 (UNITS)
TABLE 69 HYDROGEN BUS & TRUCK MARKET, BY RANGE, 2024–2030 (UNITS)
TABLE 70 HYDROGEN BUS & TRUCK MARKET, BY RANGE, 2031–2035 (UNITS)
TABLE 71 UP TO 300 MILES: HYDROGEN BUS MODELS
TABLE 72 UP TO 300 MILES: HYDROGEN TRUCK MODELS
TABLE 73 UP TO 300 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 74 UP TO 300 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 75 UP TO 300 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 76 300–500 MILES: HYDROGEN BUS MODELS
TABLE 77 300–500 MILES: HYDROGEN TRUCK MODELS
TABLE 78 300–500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 79 300–500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 80 300–500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 81 ABOVE 500 MILES: HYDROGEN BUS MODELS
TABLE 82 ABOVE 500 MILES: HYDROGEN TRUCK MODELS
TABLE 83 ABOVE 500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 84 ABOVE 500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 85 ABOVE 500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 86 HYDROGEN BUS & TRUCK MARKET,
BY HYDROGEN TANK SIZE, 2020–2023 (UNITS)
TABLE 87 HYDROGEN BUS & TRUCK MARKET,
BY HYDROGEN TANK SIZE, 2024–2030 (UNITS)
TABLE 88 HYDROGEN BUS & TRUCK MARKET,
BY HYDROGEN TANK SIZE, 2031–2035 (UNITS)
TABLE 89 < 30 KG: HYDROGEN BUS AND TRUCK MODELS
TABLE 90 < 30 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 91 < 30 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 92 < 30 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 93 30–60 KG: HYDROGEN BUS AND TRUCK MODELS
TABLE 94 30–60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 95 30–60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 96 30–60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 97 > 60 KG: HYDROGEN BUS AND TRUCK MODELS
TABLE 98 > 60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 99 > 60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 100 > 60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 101 HYDROGEN TANK TYPE CLASSIFICATION FOR AUTOMOTIVE APPLICATION
TABLE 102 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK, 2020–2023 (UNITS)
TABLE 103 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK, 2024–2030 (UNITS)
TABLE 104 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK, 2031–2035 (UNITS)
TABLE 105 HYDROGEN BUSES WITH TYPE III HYDROGEN TANKS
TABLE 106 HYDROGEN TRUCKS WITH TYPE III HYDROGEN TANKS
TABLE 107 TYPE III: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 108 TYPE III: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 109 TYPE III: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 110 HYDROGEN BUSES WITH TYPE IV HYDROGEN TANKS
TABLE 111 HYDROGEN TRUCKS WITH TYPE IV HYDROGEN TANKS
TABLE 112 TYPE IV: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 113 TYPE IV: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 114 TYPE IV: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 115 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
TABLE 116 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
TABLE 117 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION)
TABLE 118 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 119 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 120 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 121 HYDROGEN BUSES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 122 HYDROGEN BUSES MARKET, BY REGION, 2024–2030 (USD MILLION)
TABLE 123 HYDROGEN BUSES MARKET, BY REGION, 2031–2035 (USD MILLION)
TABLE 124 HYDROGEN BUSES MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 125 HYDROGEN BUSES MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 126 HYDROGEN BUSES MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 127 HYDROGEN MINIBUS/SHUTTLE MODELS
TABLE 128 HYDROGEN CITY/TRANSIT BUS MODELS
TABLE 129 CLASSIFICATION OF HYDROGEN TRUCKS BY GVW
TABLE 130 HYDROGEN TRUCKS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 131 HYDROGEN TRUCKS MARKET, BY REGION, 2024–2030 (USD MILLION)
TABLE 132 HYDROGEN TRUCKS MARKET, BY REGION, 2031–2035 (USD MILLION)
TABLE 133 HYDROGEN TRUCKS MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 134 HYDROGEN TRUCKS MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 135 HYDROGEN TRUCKS MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 136 HYDROGEN MEDIUM-DUTY TRUCK MODELS
TABLE 137 HYDROGEN HEAVY-DUTY TRUCK MODELS
TABLE 138 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 139 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (USD MILLION)
TABLE 140 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (USD MILLION)
TABLE 141 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 142 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 143 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 144 INITIATIVES TAKEN BY MAJOR COUNTRIES TO PROMOTE USE OF HYDROGEN BUSES AND TRUCKS
TABLE 145 ASIA PACIFIC HYDROGEN BUS & TRUCK MARKET: UPCOMING PROJECTS
TABLE 146 ASIA PACIFIC: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 147 ASIA PACIFIC: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 148 ASIA PACIFIC: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 149 CHINA: STRATEGIES TO PROMOTE PRODUCTION OF HYDROGEN-POWERED VEHICLES
TABLE 150 CHINA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 151 CHINA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 152 CHINA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 153 JAPAN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 154 JAPAN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 155 JAPAN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 156 SOUTH KOREA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 157 SOUTH KOREA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 158 SOUTH KOREA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 159 INDIA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 160 INDIA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 161 INDIA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 162 EUROPE: TARGETS, VISIONS, AND PROJECTIONS
TABLE 163 EUROPE: HYDROGEN BUS & TRUCK MARKET: ONGOING PROJECTS
TABLE 164 EUROPE: HYDROGEN BUS & TRUCK MARKET, BY COUNTRY, 2020–2023 (UNITS)
TABLE 165 EUROPE: HYDROGEN BUS & TRUCK MARKET, BY COUNTRY, 2024–2030 (UNITS)
TABLE 166 EUROPE: HYDROGEN BUS & TRUCK MARKET, BY COUNTRY, 2031–2035 (UNITS)
TABLE 167 FRANCE: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 168 FRANCE: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 169 FRANCE: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 170 GERMANY: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 171 GERMANY: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 172 GERMANY: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 173 ITALY: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 174 ITALY: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 175 ITALY: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 176 SPAIN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 177 SPAIN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 178 SPAIN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 179 UK: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 180 UK: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 181 UK: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 182 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET: UPCOMING PROJECTS
TABLE 183 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 184 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 185 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 186 CANADA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 187 CANADA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 188 CANADA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 189 US: TARGETS, VISIONS, AND PROJECTIONS
TABLE 190 US: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 191 US: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 192 US: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 193 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN HYDROGEN BUS & TRUCK MARKET
TABLE 194 MARKET SHARE ANALYSIS, 2023
TABLE 195 COMPANY REGIONAL FOOTPRINT
TABLE 196 COMPANY VEHICLE TYPE FOOTPRINT
TABLE 197 DETAILED LIST OF KEY STARTUPS/SMES
TABLE 198 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
TABLE 199 HYDROGEN BUS & TRUCK MARKET: PRODUCT LAUNCHES &
DEVELOPMENTS, 2021–2024
TABLE 200 HYDROGEN BUS & TRUCK MARKET: DEALS, 2021–2024
TABLE 201 HYDROGEN BUS & TRUCK MARKET: EXPANSION, 2021–2024
TABLE 202 HYDROGEN BUS & TRUCK MARKET: OTHER DEVELOPMENTS, 2021–2024
TABLE 203 FOTON INTERNATIONAL: COMPANY OVERVIEW
TABLE 204 FOTON INTERNATIONAL: PRODUCTS/SOLUTIONS OFFERED
TABLE 205 FOTON INTERNATIONAL: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 206 FOTON INTERNATIONAL: DEALS
TABLE 207 FOTON INTERNATIONAL: EXPANSION
TABLE 208 FOTON INTERNATIONAL: OTHER DEVELOPMENTS
TABLE 209 YUTONG BUS CO., LTD.: COMPANY OVERVIEW
TABLE 210 YUTONG BUS CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 211 YUTONG BUS CO., LTD.: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 212 YUTONG BUS CO., LTD.: DEALS
TABLE 213 YUTONG BUS CO., LTD.: EXPANSION
TABLE 214 YUTONG BUS CO., LTD.: OTHER DEVELOPMENTS
TABLE 215 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: COMPANY OVERVIEW
TABLE 216 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.:
PRODUCTS/SOLUTIONS OFFERED
TABLE 217 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: DEALS
TABLE 218 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: OTHER DEVELOPMENTS
TABLE 219 SOLARIS BUS & COACH SP. Z O.O.: COMPANY OVERVIEW
TABLE 220 SOLARIS BUS & COACH SP. Z O.O.: PRODUCTS/SOLUTIONS OFFERED
TABLE 221 SOLARIS BUS & COACH SP. Z O.O.: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 222 SOLARIS BUS & COACH SP. Z O.O.: DEALS
TABLE 223 SOLARIS BUS & COACH SP. Z O.O.: OTHER DEVELOPMENTS
TABLE 224 HYUNDAI MOTOR CORPORATION: COMPANY OVERVIEW
TABLE 225 HYUNDAI MOTOR CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 226 HYUNDAI MOTOR CORPORATION: DEALS
TABLE 227 HYUNDAI MOTOR CORPORATION: OTHER DEVELOPMENTS
TABLE 228 ANHUI ANKAI AUTOMOBILE CO., LTD: COMPANY OVERVIEW
TABLE 229 ANHUI ANKAI AUTOMOBILE CO., LTD: PRODUCTS/SOLUTIONS OFFERED
TABLE 230 ANHUI ANKAI AUTOMOBILE CO., LTD: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 231 ANHUI ANKAI AUTOMOBILE CO., LTD: OTHER DEVELOPMENTS
TABLE 232 NIKOLA CORPORATION: COMPANY OVERVIEW
TABLE 233 NIKOLA CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 234 NIKOLA CORPORATION: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 235 NIKOLA CORPORATION: DEALS
TABLE 236 NIKOLA CORPORATION: EXPANSION
TABLE 237 NIKOLA CORPORATION: OTHER DEVELOPMENTS
TABLE 238 TOYOTA MOTOR CORPORATION: COMPANY OVERVIEW
TABLE 239 TOYOTA MOTOR CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 240 TOYOTA MOTOR CORPORATION: DEALS
TABLE 241 TOYOTA MOTOR CORPORATION: OTHER DEVELOPMENTS
TABLE 242 VDL GROEP: COMPANY OVERVIEW
TABLE 243 VDL GROEP: PRODUCTS/SOLUTIONS OFFERED
TABLE 244 VDL GROEP: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 245 VDL GROEP: DEALS
TABLE 246 VDL GROEP: EXPANSION
TABLE 247 VDL GROEP: OTHER DEVELOPMENTS
TABLE 248 NFI GROUP: COMPANY OVERVIEW
TABLE 249 NFI GROUP: PRODUCTS/SOLUTIONS OFFERED
TABLE 250 NFI GROUP: PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 251 NFI GROUP: DEALS
TABLE 252 NFI GROUP: OTHER DEVELOPMENTS
TABLE 253 ZHONGTONG BUS HOLDING CO., LTD.: COMPANY OVERVIEW
TABLE 254 ZHONGTONG BUS HOLDING CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 255 ZHONGTONG BUS HOLDING CO., LTD.: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 256 ZHONGTONG BUS HOLDING CO., LTD.: DEALS
TABLE 257 DAIMLER TRUCK AG: COMPANY OVERVIEW
TABLE 258 DAIMLER TRUCK AG: PRODUCTS/SOLUTIONS OFFERED
TABLE 259 DAIMLER TRUCK AG: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 260 DAIMLER TRUCK AG: DEALS
TABLE 261 DAIMLER TRUCK AG: EXPANSION
TABLE 262 DAIMLER TRUCK AG: OTHER DEVELOPMENTS
TABLE 263 IVECO S.P.A.: COMPANY OVERVIEW
TABLE 264 IVECO S.P.A.: PRODUCTS/SOLUTIONS OFFERED
TABLE 265 IVECO S.P.A.: DEALS
TABLE 266 IVECO S.P.A.: EXPANSION
TABLE 267 IVECO S.P.A.: OTHER DEVELOPMENTS 314 _
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 INCLUSIONS & EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 UNIT CONSIDERED
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interview participants
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.1.2.4 List of primary participants
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ANALYSIS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYDROGEN BUS & TRUCK MARKET
4.2 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE
4.3 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK
4.4 HYDROGEN BUS & TRUCK MARKET, BY HYDROGEN TANK SIZE
4.5 HYDROGEN BUS & TRUCK MARKET, BY RANGE
4.6 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER
4.7 HYDROGEN BUS & TRUCK MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 IMPACT OF AI/GEN AI ON HYDROGEN BUS & TRUCK MARKET
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
5.4.1.1 Fleet decarbonization mandates
5.4.1.2 Faster refueling than EVs
5.4.1.3 Expansion of hydrogen refueling infrastructure
5.4.1.4 Growing investment in ‘Green Hydrogen’ production
5.4.1.5 Government initiatives promoting fuel cell vehicles
5.4.2 RESTRAINTS
5.4.2.1 High initial investments in hydrogen refueling infrastructure
5.4.2.2 Infrastructure scalability issues
5.4.2.3 High flammability and detection of fuel leakages
5.4.3 OPPORTUNITIES
5.4.3.1 Advancements in fuel cell technology
5.4.3.1.1 FCEV commercial freight truck developments
5.4.3.2 Development of mobile and community hydrogen fueling systems
5.4.3.3 Integration with renewable energy sources
5.4.3.4 Deployment of hydrogen corridors
5.4.4 CHALLENGES
5.4.4.1 High cost compared to gasoline/electric vehicles
5.4.4.2 Hydrogen storage and transportation challenges
5.4.4.3 Higher operating costs than EVs
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS FOR HYDROGEN BUSES
5.5.2 AVERAGE SELLING PRICE TREND OF KEY OEMS FOR HYDROGEN TRUCKS
5.5.3 AVERAGE SELLING PRICE TREND, BY REGION
5.6 ECOSYSTEM ANALYSIS
5.7 VALUE CHAIN ANALYSIS
5.8 CASE STUDY ANALYSIS
5.8.1 BALLARD POWER SYSTEMS INTRODUCED ZERO-EMISSION HYDROGEN FUEL CELL BUSES TO REDUCE GREENHOUSE GAS EMISSIONS
5.8.2 BALLARD POWER SYSTEMS SUPPLIED FCVELOCITY-9SSL FUEL CELL STACKS TO SHANGHAI RE-FIRE TECHNOLOGY TO ESTABLISH FLEET OF 500 FUEL CELL TRUCKS
5.8.3 TRANSPORT FOR LONDON (TFL) INTRODUCED FUEL CELL BUSES TO REDUCE CARBON EMISSIONS BY 2025
5.8.4 BALLARD POWER SYSTEM AND VAN HOOL COLLABORATED TO ESTABLISH SUSTAINABLE TRANSPORTATION SOLUTION
5.8.5 HALL DECIDED TO INVEST IN NIKOLA TRE FCEVS (FUEL CELL ELECTRIC VEHICLES) TO ELIMINATE USE OF FOSSIL FUEL TRUCKS
5.9 KEY OEMS: MNM INSIGHTS
5.9.1 FOTON INTERNATIONAL: FCEV STRATEGIES
5.9.2 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: FCEV STRATEGIES
5.9.3 YUTONG BUS CO., LTD.: FCEV STRATEGIES
5.9.4 SOLARIS BUS & COACH SP. Z.O.O.: FCEV STRATEGIES
5.9.5 HYUNDAI MOTOR COMPANY: FCEV STRATEGIES
5.10 HYDROGEN BUS & TRUCK MARKET: BUSINESS MODELS
5.11 HYDROGEN REFUELING STATION SETUP TRENDS, BY REGION: MNM INSIGHTS
5.12 COUNTRY-LEVEL TARGETS OF HYDROGEN BUSES/TRUCKS AND REFUELLING STATIONS: MNM INSIGHTS
5.13 HYDROGEN COMMERCIAL VEHICLES’ FUEL CAPACITY AND RANGE: MNM INSIGHTS
5.14 EXISTING AND UPCOMING HYDROGEN COMMERCIAL VEHICLE MODELS: MNM INSIGHTS
5.15 H2ICE BUSES & TRUCKS: MNM INSIGHTS
5.16 TRADE ANALYSIS
5.16.1 EXPORT SCENARIO
5.16.2 IMPORT SCENARIO
5.17 TOTAL COST OF OWNERSHIP COMPARISON OF BEV AND FCEV BUSES AND TRUCKS
5.18 BILL OF MATERIALS
5.18.1 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE, AND BEV BUSES
5.18.2 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE, AND BEV TRUCKS
5.19 PATENT ANALYSIS
5.19.1 INTRODUCTION
5.20 REGULATORY LANDSCAPE
5.20.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS, BY REGION
5.21 TECHNOLOGY ANALYSIS
5.21.1 KEY TECHNOLOGIES
5.21.1.1 Solid Oxide Fuel Cell (SOFC)
5.21.1.2 Polymer Electrolyte Membrane Fuel Cell (PEMFC)
5.21.1.3 Direct Borohydride Fuel Cell (DBFC)
5.21.1.4 Packaged fuel cell system module
5.21.1.5 Fuel Cell Hybrid Electric Vehicle (FCHEV)
5.21.1.6 Hydrogen Internal Combustion Engine (H2ICE)
5.21.1.7 Non-precious metal catalyst-based fuel cell
5.21.1.8 Carbonate-Superstructured Solid Fuel Cell (CSSFC)
5.21.2 COMPLEMENTARY TECHNOLOGIES
5.21.2.1 Low carbon hydrogen
5.21.2.2 Hydrogenious LOHC (Liquid Organic Hydrogen Carrier)
5.21.2.3 Liquefied hydrogen technology
5.21.3 ADJACENT TECHNOLOGIES
5.21.3.1 Telematics and fleet management systems
5.21.3.2 Hydrogen sensor system
5.22 KEY CONFERENCES & EVENTS, 2024–2025
5.23 KEY STAKEHOLDERS & BUYING CRITERIA
5.23.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.23.2 BUYING CRITERIA
5.24 INVESTMENT & FUNDING SCENARIO
5.25 FUNDING, BY VEHICLE TYPE
6 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER
6.1 INTRODUCTION
6.2 UP TO 200 KW
6.2.1 LAST-MILE DELIVERY SERVICES TO BOOST DEMAND FOR ENGINES WITH POWER RANGE OF UP TO 200 KW
6.2.2 UP TO 200 KW: HYDROGEN BUS MODELS
6.2.3 UP TO 200 KW: HYDROGEN TRUCK MODELS
6.3 200–400 KW
6.3.1 GROWING DEMAND FOR TRANSIT BUSES TO DRIVE GROWTH
OF 200–400 KW SEGMENT
6.3.2 200–400 KW: HYDROGEN BUS MODELS
6.3.3 200–400 KW: HYDROGEN TRUCK MODELS
6.4 ABOVE 400 KW
6.4.1 INCREASING DEMAND FOR HEAVY-DUTY TRANSPORTATION TO BOOST MARKET
6.4.2 ABOVE 400 KW: HYDROGEN BUS MODELS
6.4.3 ABOVE 400 KW: HYDROGEN TRUCK MODELS
6.5 KEY PRIMARY INSIGHTS
7 HYDROGEN BUS & TRUCK MARKET, BY RANGE
7.1 INTRODUCTION
7.2 UP TO 300 MILES
7.2.1 DEMAND FOR EMISSION-FREE INTRACITY TRANSPORTATION AND LAST-MILE DELIVERY TO DRIVE SEGMENT GROWTH
7.2.2 UP TO 300 MILES: HYDROGEN BUS MODELS
7.2.3 UP TO 300 MILES: HYDROGEN TRUCK MODELS
7.3 300–500 MILES
7.3.1 DEMAND FOR FIELD SERVICES AND TRANSIT OPERATIONS TO DRIVE SEGMENT’S GROWTH
7.3.2 300–500 MILES: HYDROGEN BUS MODELS
7.3.3 300–500 MILES: HYDROGEN TRUCK MODELS
7.4 ABOVE 500 MILES
7.4.1 INCREASING NEED FOR LONG-HAUL, HEAVY-DUTY TRANSPORTATION TO DRIVE MARKET
7.4.2 ABOVE 500 MILES: HYDROGEN BUS MODELS
7.4.3 ABOVE 500 MILES: HYDROGEN TRUCK MODELS
7.5 KEY PRIMARY INSIGHTS
8 HYDROGEN BUS & TRUCK MARKET, BY HYDROGEN TANK SIZE
8.1 INTRODUCTION
8.2 < 30 KG
8.2.1 DEMAND FOR LAST-MILE DELIVERY SERVICES AND SHORT-RANGE H2 BUSES TO BOOST MARKET
8.2.2 < 30 KG: HYDROGEN BUS AND TRUCK MODELS
8.3 30–60 KG
8.3.1 GROWING DEMAND FOR LONG-HAUL TRANSPORTATION TO SPUR MARKET GROWTH
8.3.2 30–60 KG: HYDROGEN BUS AND TRUCK MODELS
8.4 > 60 KG
8.4.1 INCREASING DEMAND FOR HEAVY-DUTY TRANSPORTATION TO BOOST GROWTH
8.4.2 > 60 KG: HYDROGEN BUS AND TRUCK MODELS
8.5 KEY PRIMARY INSIGHTS
9 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK
9.1 INTRODUCTION
9.1.1 HYDROGEN TANK TYPE CLASSIFICATION FOR AUTOMOTIVE APPLICATION
9.2 TYPE III
9.2.1 TYPE III TANKS CAN WITHSTAND HIGHER INTERNAL PRESSURE THAN OTHER TANKS
9.2.2 HYDROGEN BUSES WITH TYPE III HYDROGEN TANKS
9.2.3 HYDROGEN TRUCKS WITH TYPE III HYDROGEN TANKS
9.3 TYPE IV
9.3.1 NEED FOR HIGH-PRESSURE STORAGE OF HYDROGEN TO BOOST DEMAND FOR TYPE IV TANKS
9.3.2 HYDROGEN BUSES WITH TYPE IV HYDROGEN TANKS
9.3.3 HYDROGEN TRUCKS WITH TYPE IV HYDROGEN TANKS
9.4 KEY PRIMARY INSIGHTS
10 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE
10.1 INTRODUCTION
10.2 HYDROGEN BUSES
10.2.1 GOVERNMENT INITIATIVES TO BOOST DEMAND FOR HYDROGEN BUSES
10.2.2 MINIBUSES/SHUTTLES
10.2.2.1 HYDROGEN MINIBUS/SHUTTLE MODELS
10.2.3 CITY/TRANSIT BUSES
10.2.3.1 Hydrogen city/transit bus models
10.3 HYDROGEN TRUCKS
10.3.1 GROWING DEMAND FOR LONG-HAUL TRANSPORTATION TO DRIVE HYDROGEN TRUCKS MARKET
10.3.2 MEDIUM-DUTY TRUCKS
10.3.2.1 Hydrogen medium-duty truck models
10.3.3 HEAVY-DUTY TRUCKS
10.3.3.1 Hydrogen heavy-duty truck models
10.4 KEY PRIMARY INSIGHTS
11 HYDROGEN BUS & TRUCK MARKET, BY REGION
11.1 INTRODUCTION
11.2 ASIA PACIFIC
11.2.1 MACROECONOMIC OUTLOOK
11.2.2 CHINA
11.2.2.1 Rising investments in clean and renewable energy to drive growth
11.2.3 JAPAN
11.2.3.1 Increasing demand for hydrogen infrastructure to boost market
11.2.4 SOUTH KOREA
11.2.4.1 Push by local OEMs like Hyundai to encourage market demand and expansion
11.2.5 INDIA
11.2.5.1 Initiatives by government to promote ‘Green Transportation’ to drive growth
11.3 EUROPE
11.3.1 MACROECONOMIC OUTLOOK
11.3.2 FRANCE
11.3.2.1 Presence of major hydrogen-powered fleets to spur demand
11.3.3 GERMANY
11.3.3.1 Developments in hydrogen infrastructure to boost growth
11.3.4 ITALY
11.3.4.1 Shift toward hydrogen-powered vehicles to drive market
11.3.5 SPAIN
11.3.5.1 Strategic partnerships and investments to drive production of hydrogen-powered vehicles
11.3.6 UK
11.3.6.1 Demand for zero-emission vehicles to drive market
11.4 NORTH AMERICA
11.4.1 MACROECONOMIC OUTLOOK
11.4.2 CANADA
11.4.2.1 Demand for fleet decarbonization to propel growth
11.4.3 US
11.4.3.1 Increasing deployment of hydrogen buses to spur popularity of hydrogen-powered vehicles
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
12.3 MARKET SHARE ANALYSIS, 2023
12.4 REVENUE ANALYSIS
12.5 COMPANY VALUATION AND FINANCIAL METRICS
12.6 BRAND/PRODUCT COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.9 COMPETITIVE SCENARIO
12.9.1 PRODUCT LAUNCHES
12.9.2 DEALS
12.9.3 EXPANSION
12.9.4 OTHER DEVELOPMENTS
13 COMPANY PROFILES
13.1 KEY PLAYERS
13.1.1 FOTON INTERNATIONAL
13.1.1.1 Business overview
13.1.1.2 Products/Solutions offered
13.1.1.3 Recent developments
13.1.1.4 MnM view
13.1.1.4.1 Right to win
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses & competitive threats
13.1.2 YUTONG BUS CO., LTD.
13.1.2.1 Business overview
13.1.2.2 Products/Solutions offered
13.1.2.3 Recent developments
13.1.2.4 MnM view
13.1.2.4.1 Right to win
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses & competitive threats
13.1.3 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD. (KING LONG)
13.1.3.1 Business overview
13.1.3.2 Products/Solutions offered
13.1.3.3 Recent developments
13.1.3.4 MnM view
13.1.3.4.1 Right to win
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses & competitive threats
13.1.4 SOLARIS BUS & COACH SP. Z O.O.
13.1.4.1 Business overview
13.1.4.2 Products/Services offered
13.1.4.3 Recent developments
13.1.4.4 MnM view
13.1.4.4.1 Right to win
13.1.4.4.2 Strategic choices
13.1.4.4.3 Weaknesses & competitive threats
13.1.5 HYUNDAI MOTOR COMPANY
13.1.5.1 Business overview
13.1.5.2 Products/Solutions offered
13.1.5.3 Recent developments
13.1.5.4 MnM view
13.1.5.4.1 Right to win
13.1.5.4.2 Strategic choices
13.1.5.4.3 Weaknesses & competitive threats
13.1.6 ANHUI ANKAI AUTOMOBILE CO., LTD
13.1.6.1 Business overview
13.1.6.2 Products/Solutions offered
13.1.6.3 Recent developments
13.1.7 NIKOLA CORPORATION
13.1.7.1 Business overview
13.1.7.2 Products/Solutions offered
13.1.7.3 Recent developments
13.1.8 TOYOTA MOTOR CORPORATION
13.1.8.1 Business overview
13.1.8.2 Products/Solutions offered
13.1.8.3 Recent developments
13.1.9 VDL GROEP
13.1.9.1 Business overview
13.1.9.2 Products/Solutions offered
13.1.9.3 Recent developments
13.1.10 NFI GROUP
13.1.10.1 Business overview
13.1.10.2 Products/Solutions offered
13.1.10.3 Recent developments
13.1.11 ZHONGTONG BUS HOLDING CO., LTD.
13.1.11.1 Business overview
13.1.11.2 Products/Solutions offered
13.1.11.3 Recent developments
13.1.12 DAIMLER TRUCK AG
13.1.12.1 Business overview
13.1.12.2 Products/Solutions offered
13.1.12.3 Recent developments
13.1.13 IVECO S.P.A
13.1.13.1 Business overview
13.1.13.2 Products/Solutions offered
13.1.13.3 Recent developments
13.2 OTHER PLAYERS
13.2.1 SAIC-IVECO HONGYAN COMMERCIAL VEHICLE CO., LTD.
13.2.2 SINOTRUK (CNHTC)
13.2.3 DAYUN AUTO
13.2.4 DONGFENG MOTOR COMPANY
13.2.5 ZHEJIANG GEELY HOLDING GROUP
13.2.6 CHARIOT MOTORS
13.2.7 OTOKAR
13.2.8 KARSAN
13.2.9 RAMPINI CARLO S.P.A.
13.2.10 FIRST HYDROGEN
13.2.11 TEVVA
13.2.12 SANY GROUP
13.2.13 PACCAR INC.
13.2.14 WRIGHTBUS
13.2.15 HYZON
13.2.16 QINGLING ISUZU MOTORS IMPORT&EXPORT CO., LTD.
13.2.17 FAW JIEFANG AUTOMOTIVE CO., LTD.
13.2.18 AB VOLVO
14 RECOMMENDATIONS BY MARKETSANDMARKETS
14.1 URBAN TRANSIT HYDROGEN BUSES TO GAIN TRACTION IN EUROPE
14.2 HYDROGEN TRUCKS FOR LONG-HAUL TRANSPORTATION
14.2.1 POTENTIAL OF HYDROGEN FUEL CELL TRUCKS IN NORTH AMERICA
14.3 CHINA TO BE MOST LUCRATIVE HYDROGEN BUS & TRUCK MARKET IN SHORT TERM
14.4 CONCLUSION
15 APPENDIX
15.1 KEY INSIGHTS BY INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 CUSTOMIZATION OPTIONS
15.4.1 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE CLASS AT REGIONAL LEVEL
15.4.2 HYDROGEN BUS & TRUCK MARKET, ADDITIONAL COUNTRIES (UP TO THREE)
15.4.3 PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO THREE)
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
TABLE 1 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY MOTOR POWER
TABLE 2 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY VEHICLE TYPE
TABLE 3 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY RANGE
TABLE 4 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY TYPE OF TANK
TABLE 5 HYDROGEN BUS & TRUCK MARKET DEFINITION, BY HYDROGEN TANK SIZE
TABLE 6 INCLUSIONS & EXCLUSIONS
TABLE 7 USD EXCHANGE RATES, 2019–2023
TABLE 8 FLEET PLANNING COMPARISON: ELECTRIC FLEET PLANNING VS. HYDROGEN FLEET PLANNING VS. ICE FLEET PLANNING
TABLE 9 COMPARISON OF TRUCKS: BEV, PHEV, FCEV, AND HEV CHARGING/REFUELING
TABLE 10 COMPARISON OF TRUCKS: FCEV HYDROGEN VS. BEV CHARGING/FUELING
TABLE 11 COMPARISON OF BUSES: FCEV HYDROGEN VS. BEV CHARGING/FUELING
TABLE 12 COMPARISON OF BUSES: FCEV HYDROGEN VS. BEV CHARGING/FUELING
TABLE 13 FCEV TRUCK COMPARISON
TABLE 14 FCEV BUS COMPARISON
TABLE 15 HYDROGEN BUS & TRUCK MARKET DYNAMICS: IMPACT ANALYSIS
TABLE 16 AVERAGE SELLING PRICES OF KEY PLAYERS FOR HYDROGEN BUSES,
2020–2023 (USD THOUSAND)
TABLE 17 AVERAGE SELLING PRICES OF KEY OEMS FOR HYDROGEN TRUCKS,
2020–2023 (USD THOUSAND)
TABLE 18 AVERAGE SELLING PRICES OF HYDROGEN BUSES,
BY REGION, 2020–2023 (USD THOUSAND)
TABLE 19 AVERAGE SELLING PRICES OF HYDROGEN TRUCKS,
BY REGION, 2020–2023 (USD THOUSAND)
TABLE 20 ROLE OF PLAYERS IN ECOSYSTEM
TABLE 21 FOTON INTERNATIONAL: FCEV STRATEGIES
TABLE 22 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: FCEV STRATEGIES
TABLE 23 YUTONG BUS CO., LTD.: FCEV STRATEGIES
TABLE 24 SOLARIS BUS & COACH SP. Z.O.O.: FCEV STRATEGIES
TABLE 25 HYUNDAI MOTOR COMPANY: FCEV STRATEGIES
TABLE 26 HYDROGEN BUS & TRUCK MARKET: BUSINESS MODELS
TABLE 27 US: FUEL CELL ELECTRIC BUS PROJECTS
TABLE 28 FUEL CELL BUS DEVELOPMENT AND DEPLOYMENT ANNOUNCEMENT
TABLE 29 HYDROGEN TRUCKS: EXISTING AND UPCOMING FCEV MODELS
TABLE 30 HYDROGEN BUSES: EXISTING AND UPCOMING FCEV MODELS
TABLE 31 EXISTING AND UPCOMING H2ICE MODELS
TABLE 32 EXPORT DATA FOR HS CODE: 8702, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 33 EXPORT DATA FOR HS CODE: 8703, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 34 IMPORT DATA FOR HS CODE: 8702, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 35 IMPORT DATA FOR HS CODE: 8703, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 36 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE,
AND BEV BUSES (USD THOUSAND)
TABLE 37 BILL OF MATERIAL COMPARISON BETWEEN FCEV, ICE,
AND BEV TRUCKS (USD THOUSAND)
TABLE 38 LIST OF PATENTS GRANTED IN HYDROGEN BUS & TRUCK MARKET, 2021–2024
TABLE 39 NORTH AMERICA: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE
TABLE 40 EUROPE: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE
TABLE 41 ASIA PACIFIC: POLICIES AND INITIATIVES SUPPORTING HYDROGEN-POWERED VEHICLES AND INFRASTRUCTURE
TABLE 42 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
TABLE 43 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
TABLE 44 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
TABLE 45 COMPARISON OF H2ICE AND FCEV
TABLE 46 LIST OF CONFERENCES & EVENTS, 2024–2025
TABLE 47 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF HYDROGEN BUSES
AND TRUCKS (%)
TABLE 48 KEY BUYING CRITERIA FOR HYDROGEN BUSES AND TRUCKS, BY VEHICLE TYPE
TABLE 49 LIST OF FUNDING MADE BY PLAYERS, 2021?2022
TABLE 50 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER, 2020–2023 (UNITS)
TABLE 51 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER, 2024–2030 (UNITS)
TABLE 52 HYDROGEN BUS & TRUCK MARKET, BY MOTOR POWER, 2031–2035 (UNITS)
TABLE 53 UP TO 200 KW: HYDROGEN BUS MODELS
TABLE 54 UP TO 200 KW: HYDROGEN TRUCK MODELS
TABLE 55 UP TO 200 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2020–2023 (UNITS)
TABLE 56 UP TO 200 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2024–2030 (UNITS)
TABLE 57 UP TO 200 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2031–2035 (UNITS)
TABLE 58 200–400 KW: HYDROGEN BUS MODELS
TABLE 59 200–400 KW: HYDROGEN TRUCK MODELS
TABLE 60 200–400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2020–2023 (UNITS)
TABLE 61 200–400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2024–2030 (UNITS)
TABLE 62 200–400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2031–2035 (UNITS)
TABLE 63 ABOVE 400 KW: HYDROGEN BUS MODELS
TABLE 64 ABOVE 400 KW: HYDROGEN TRUCK MODELS
TABLE 65 ABOVE 400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2020–2023 (UNITS)
TABLE 66 ABOVE 400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2024–2030 (UNITS)
TABLE 67 ABOVE 400 KW: HYDROGEN BUS & TRUCK MARKET,
BY REGION, 2031–2035 (UNITS)
TABLE 68 HYDROGEN BUS & TRUCK MARKET, BY RANGE, 2020–2023 (UNITS)
TABLE 69 HYDROGEN BUS & TRUCK MARKET, BY RANGE, 2024–2030 (UNITS)
TABLE 70 HYDROGEN BUS & TRUCK MARKET, BY RANGE, 2031–2035 (UNITS)
TABLE 71 UP TO 300 MILES: HYDROGEN BUS MODELS
TABLE 72 UP TO 300 MILES: HYDROGEN TRUCK MODELS
TABLE 73 UP TO 300 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 74 UP TO 300 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 75 UP TO 300 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 76 300–500 MILES: HYDROGEN BUS MODELS
TABLE 77 300–500 MILES: HYDROGEN TRUCK MODELS
TABLE 78 300–500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 79 300–500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 80 300–500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 81 ABOVE 500 MILES: HYDROGEN BUS MODELS
TABLE 82 ABOVE 500 MILES: HYDROGEN TRUCK MODELS
TABLE 83 ABOVE 500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 84 ABOVE 500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 85 ABOVE 500 MILES: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 86 HYDROGEN BUS & TRUCK MARKET,
BY HYDROGEN TANK SIZE, 2020–2023 (UNITS)
TABLE 87 HYDROGEN BUS & TRUCK MARKET,
BY HYDROGEN TANK SIZE, 2024–2030 (UNITS)
TABLE 88 HYDROGEN BUS & TRUCK MARKET,
BY HYDROGEN TANK SIZE, 2031–2035 (UNITS)
TABLE 89 < 30 KG: HYDROGEN BUS AND TRUCK MODELS
TABLE 90 < 30 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 91 < 30 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 92 < 30 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 93 30–60 KG: HYDROGEN BUS AND TRUCK MODELS
TABLE 94 30–60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 95 30–60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 96 30–60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 97 > 60 KG: HYDROGEN BUS AND TRUCK MODELS
TABLE 98 > 60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 99 > 60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 100 > 60 KG: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 101 HYDROGEN TANK TYPE CLASSIFICATION FOR AUTOMOTIVE APPLICATION
TABLE 102 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK, 2020–2023 (UNITS)
TABLE 103 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK, 2024–2030 (UNITS)
TABLE 104 HYDROGEN BUS & TRUCK MARKET, BY TYPE OF TANK, 2031–2035 (UNITS)
TABLE 105 HYDROGEN BUSES WITH TYPE III HYDROGEN TANKS
TABLE 106 HYDROGEN TRUCKS WITH TYPE III HYDROGEN TANKS
TABLE 107 TYPE III: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 108 TYPE III: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 109 TYPE III: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 110 HYDROGEN BUSES WITH TYPE IV HYDROGEN TANKS
TABLE 111 HYDROGEN TRUCKS WITH TYPE IV HYDROGEN TANKS
TABLE 112 TYPE IV: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 113 TYPE IV: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 114 TYPE IV: HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 115 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (USD MILLION)
TABLE 116 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
TABLE 117 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (USD MILLION)
TABLE 118 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 119 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 120 HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 121 HYDROGEN BUSES MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 122 HYDROGEN BUSES MARKET, BY REGION, 2024–2030 (USD MILLION)
TABLE 123 HYDROGEN BUSES MARKET, BY REGION, 2031–2035 (USD MILLION)
TABLE 124 HYDROGEN BUSES MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 125 HYDROGEN BUSES MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 126 HYDROGEN BUSES MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 127 HYDROGEN MINIBUS/SHUTTLE MODELS
TABLE 128 HYDROGEN CITY/TRANSIT BUS MODELS
TABLE 129 CLASSIFICATION OF HYDROGEN TRUCKS BY GVW
TABLE 130 HYDROGEN TRUCKS MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 131 HYDROGEN TRUCKS MARKET, BY REGION, 2024–2030 (USD MILLION)
TABLE 132 HYDROGEN TRUCKS MARKET, BY REGION, 2031–2035 (USD MILLION)
TABLE 133 HYDROGEN TRUCKS MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 134 HYDROGEN TRUCKS MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 135 HYDROGEN TRUCKS MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 136 HYDROGEN MEDIUM-DUTY TRUCK MODELS
TABLE 137 HYDROGEN HEAVY-DUTY TRUCK MODELS
TABLE 138 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 139 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (USD MILLION)
TABLE 140 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (USD MILLION)
TABLE 141 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2020–2023 (UNITS)
TABLE 142 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2024–2030 (UNITS)
TABLE 143 HYDROGEN BUS & TRUCK MARKET, BY REGION, 2031–2035 (UNITS)
TABLE 144 INITIATIVES TAKEN BY MAJOR COUNTRIES TO PROMOTE USE OF HYDROGEN BUSES AND TRUCKS
TABLE 145 ASIA PACIFIC HYDROGEN BUS & TRUCK MARKET: UPCOMING PROJECTS
TABLE 146 ASIA PACIFIC: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 147 ASIA PACIFIC: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 148 ASIA PACIFIC: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 149 CHINA: STRATEGIES TO PROMOTE PRODUCTION OF HYDROGEN-POWERED VEHICLES
TABLE 150 CHINA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 151 CHINA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 152 CHINA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 153 JAPAN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 154 JAPAN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 155 JAPAN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 156 SOUTH KOREA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 157 SOUTH KOREA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 158 SOUTH KOREA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 159 INDIA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 160 INDIA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 161 INDIA: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 162 EUROPE: TARGETS, VISIONS, AND PROJECTIONS
TABLE 163 EUROPE: HYDROGEN BUS & TRUCK MARKET: ONGOING PROJECTS
TABLE 164 EUROPE: HYDROGEN BUS & TRUCK MARKET, BY COUNTRY, 2020–2023 (UNITS)
TABLE 165 EUROPE: HYDROGEN BUS & TRUCK MARKET, BY COUNTRY, 2024–2030 (UNITS)
TABLE 166 EUROPE: HYDROGEN BUS & TRUCK MARKET, BY COUNTRY, 2031–2035 (UNITS)
TABLE 167 FRANCE: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 168 FRANCE: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 169 FRANCE: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 170 GERMANY: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 171 GERMANY: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 172 GERMANY: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 173 ITALY: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 174 ITALY: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 175 ITALY: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 176 SPAIN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 177 SPAIN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 178 SPAIN: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 179 UK: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 180 UK: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 181 UK: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 182 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET: UPCOMING PROJECTS
TABLE 183 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2020–2023 (UNITS)
TABLE 184 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2024–2030 (UNITS)
TABLE 185 NORTH AMERICA: HYDROGEN BUS & TRUCK MARKET,
BY COUNTRY, 2031–2035 (UNITS)
TABLE 186 CANADA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 187 CANADA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 188 CANADA: HYDROGEN BUS & TRUCK MARKET,
BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 189 US: TARGETS, VISIONS, AND PROJECTIONS
TABLE 190 US: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2020–2023 (UNITS)
TABLE 191 US: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2024–2030 (UNITS)
TABLE 192 US: HYDROGEN BUS & TRUCK MARKET, BY VEHICLE TYPE, 2031–2035 (UNITS)
TABLE 193 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN HYDROGEN BUS & TRUCK MARKET
TABLE 194 MARKET SHARE ANALYSIS, 2023
TABLE 195 COMPANY REGIONAL FOOTPRINT
TABLE 196 COMPANY VEHICLE TYPE FOOTPRINT
TABLE 197 DETAILED LIST OF KEY STARTUPS/SMES
TABLE 198 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
TABLE 199 HYDROGEN BUS & TRUCK MARKET: PRODUCT LAUNCHES &
DEVELOPMENTS, 2021–2024
TABLE 200 HYDROGEN BUS & TRUCK MARKET: DEALS, 2021–2024
TABLE 201 HYDROGEN BUS & TRUCK MARKET: EXPANSION, 2021–2024
TABLE 202 HYDROGEN BUS & TRUCK MARKET: OTHER DEVELOPMENTS, 2021–2024
TABLE 203 FOTON INTERNATIONAL: COMPANY OVERVIEW
TABLE 204 FOTON INTERNATIONAL: PRODUCTS/SOLUTIONS OFFERED
TABLE 205 FOTON INTERNATIONAL: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 206 FOTON INTERNATIONAL: DEALS
TABLE 207 FOTON INTERNATIONAL: EXPANSION
TABLE 208 FOTON INTERNATIONAL: OTHER DEVELOPMENTS
TABLE 209 YUTONG BUS CO., LTD.: COMPANY OVERVIEW
TABLE 210 YUTONG BUS CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 211 YUTONG BUS CO., LTD.: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 212 YUTONG BUS CO., LTD.: DEALS
TABLE 213 YUTONG BUS CO., LTD.: EXPANSION
TABLE 214 YUTONG BUS CO., LTD.: OTHER DEVELOPMENTS
TABLE 215 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: COMPANY OVERVIEW
TABLE 216 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.:
PRODUCTS/SOLUTIONS OFFERED
TABLE 217 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: DEALS
TABLE 218 XIAMEN KING LONG INTERNATIONAL TRADING CO., LTD.: OTHER DEVELOPMENTS
TABLE 219 SOLARIS BUS & COACH SP. Z O.O.: COMPANY OVERVIEW
TABLE 220 SOLARIS BUS & COACH SP. Z O.O.: PRODUCTS/SOLUTIONS OFFERED
TABLE 221 SOLARIS BUS & COACH SP. Z O.O.: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 222 SOLARIS BUS & COACH SP. Z O.O.: DEALS
TABLE 223 SOLARIS BUS & COACH SP. Z O.O.: OTHER DEVELOPMENTS
TABLE 224 HYUNDAI MOTOR CORPORATION: COMPANY OVERVIEW
TABLE 225 HYUNDAI MOTOR CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 226 HYUNDAI MOTOR CORPORATION: DEALS
TABLE 227 HYUNDAI MOTOR CORPORATION: OTHER DEVELOPMENTS
TABLE 228 ANHUI ANKAI AUTOMOBILE CO., LTD: COMPANY OVERVIEW
TABLE 229 ANHUI ANKAI AUTOMOBILE CO., LTD: PRODUCTS/SOLUTIONS OFFERED
TABLE 230 ANHUI ANKAI AUTOMOBILE CO., LTD: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 231 ANHUI ANKAI AUTOMOBILE CO., LTD: OTHER DEVELOPMENTS
TABLE 232 NIKOLA CORPORATION: COMPANY OVERVIEW
TABLE 233 NIKOLA CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 234 NIKOLA CORPORATION: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 235 NIKOLA CORPORATION: DEALS
TABLE 236 NIKOLA CORPORATION: EXPANSION
TABLE 237 NIKOLA CORPORATION: OTHER DEVELOPMENTS
TABLE 238 TOYOTA MOTOR CORPORATION: COMPANY OVERVIEW
TABLE 239 TOYOTA MOTOR CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 240 TOYOTA MOTOR CORPORATION: DEALS
TABLE 241 TOYOTA MOTOR CORPORATION: OTHER DEVELOPMENTS
TABLE 242 VDL GROEP: COMPANY OVERVIEW
TABLE 243 VDL GROEP: PRODUCTS/SOLUTIONS OFFERED
TABLE 244 VDL GROEP: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 245 VDL GROEP: DEALS
TABLE 246 VDL GROEP: EXPANSION
TABLE 247 VDL GROEP: OTHER DEVELOPMENTS
TABLE 248 NFI GROUP: COMPANY OVERVIEW
TABLE 249 NFI GROUP: PRODUCTS/SOLUTIONS OFFERED
TABLE 250 NFI GROUP: PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 251 NFI GROUP: DEALS
TABLE 252 NFI GROUP: OTHER DEVELOPMENTS
TABLE 253 ZHONGTONG BUS HOLDING CO., LTD.: COMPANY OVERVIEW
TABLE 254 ZHONGTONG BUS HOLDING CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 255 ZHONGTONG BUS HOLDING CO., LTD.: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 256 ZHONGTONG BUS HOLDING CO., LTD.: DEALS
TABLE 257 DAIMLER TRUCK AG: COMPANY OVERVIEW
TABLE 258 DAIMLER TRUCK AG: PRODUCTS/SOLUTIONS OFFERED
TABLE 259 DAIMLER TRUCK AG: PRODUCT LAUNCHES & ENHANCEMENTS
TABLE 260 DAIMLER TRUCK AG: DEALS
TABLE 261 DAIMLER TRUCK AG: EXPANSION
TABLE 262 DAIMLER TRUCK AG: OTHER DEVELOPMENTS
TABLE 263 IVECO S.P.A.: COMPANY OVERVIEW
TABLE 264 IVECO S.P.A.: PRODUCTS/SOLUTIONS OFFERED
TABLE 265 IVECO S.P.A.: DEALS
TABLE 266 IVECO S.P.A.: EXPANSION
TABLE 267 IVECO S.P.A.: OTHER DEVELOPMENTS 314 _
