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Global Hydrogen Powered Heavy-Duty Truck Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2029
Synopsis
The global Hydrogen Powered Heavy-Duty Truck market size was valued at USD 392 million in 2022 and is forecast to a readjusted size of USD 1759.7 million by 2029 with a CAGR of 23.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A hydrogen-powered heavy-duty truck, also known as a hydrogen fuel cell truck, is a type of commercial vehicle that uses hydrogen as its primary fuel source. These trucks utilize hydrogen fuel cell technology to generate electricity, which powers the vehicle's electric motor and propels it forward.
This report is a detailed and comprehensive analysis for global Hydrogen Powered Heavy-Duty Truck market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Hydrogen Powered Heavy-Duty Truck market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Hydrogen Powered Heavy-Duty Truck market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Hydrogen Powered Heavy-Duty Truck market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Hydrogen Powered Heavy-Duty Truck market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydrogen Powered Heavy-Duty Truck
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydrogen Powered Heavy-Duty Truck market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hyundai, Geely, Foton, Hyzon Motors and Xiamen Golden Dragon, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Hydrogen Powered Heavy-Duty Truck market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
10 Tons -20 Tons
20 Tons -30 Tons
More than 30 Tons
Market segment by Application
For Sales
For Public Lease
Major players covered
Hyundai
Geely
Foton
Hyzon Motors
Xiamen Golden Dragon
Nikola
SAIC HONGYAN
Dongfeng Motor
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydrogen Powered Heavy-Duty Truck product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Powered Heavy-Duty Truck, with price, sales, revenue and global market share of Hydrogen Powered Heavy-Duty Truck from 2018 to 2023.
Chapter 3, the Hydrogen Powered Heavy-Duty Truck competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Powered Heavy-Duty Truck breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Hydrogen Powered Heavy-Duty Truck market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen Powered Heavy-Duty Truck.
Chapter 14 and 15, to describe Hydrogen Powered Heavy-Duty Truck sales channel, distributors, customers, research findings and conclusion.
The global Hydrogen Powered Heavy-Duty Truck market size was valued at USD 392 million in 2022 and is forecast to a readjusted size of USD 1759.7 million by 2029 with a CAGR of 23.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A hydrogen-powered heavy-duty truck, also known as a hydrogen fuel cell truck, is a type of commercial vehicle that uses hydrogen as its primary fuel source. These trucks utilize hydrogen fuel cell technology to generate electricity, which powers the vehicle's electric motor and propels it forward.
This report is a detailed and comprehensive analysis for global Hydrogen Powered Heavy-Duty Truck market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Hydrogen Powered Heavy-Duty Truck market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Hydrogen Powered Heavy-Duty Truck market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Hydrogen Powered Heavy-Duty Truck market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Hydrogen Powered Heavy-Duty Truck market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydrogen Powered Heavy-Duty Truck
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydrogen Powered Heavy-Duty Truck market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hyundai, Geely, Foton, Hyzon Motors and Xiamen Golden Dragon, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Hydrogen Powered Heavy-Duty Truck market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
10 Tons -20 Tons
20 Tons -30 Tons
More than 30 Tons
Market segment by Application
For Sales
For Public Lease
Major players covered
Hyundai
Geely
Foton
Hyzon Motors
Xiamen Golden Dragon
Nikola
SAIC HONGYAN
Dongfeng Motor
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydrogen Powered Heavy-Duty Truck product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydrogen Powered Heavy-Duty Truck, with price, sales, revenue and global market share of Hydrogen Powered Heavy-Duty Truck from 2018 to 2023.
Chapter 3, the Hydrogen Powered Heavy-Duty Truck competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydrogen Powered Heavy-Duty Truck breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Hydrogen Powered Heavy-Duty Truck market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydrogen Powered Heavy-Duty Truck.
Chapter 14 and 15, to describe Hydrogen Powered Heavy-Duty Truck sales channel, distributors, customers, research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Hydrogen Powered Heavy-Duty Truck
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Hydrogen Powered Heavy-Duty Truck Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 10 Tons -20 Tons
1.3.3 20 Tons -30 Tons
1.3.4 More than 30 Tons
1.4 Market Analysis by Application
1.4.1 Overview: Global Hydrogen Powered Heavy-Duty Truck Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 For Sales
1.4.3 For Public Lease
1.5 Global Hydrogen Powered Heavy-Duty Truck Market Size & Forecast
1.5.1 Global Hydrogen Powered Heavy-Duty Truck Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Hydrogen Powered Heavy-Duty Truck Sales Quantity (2018-2029)
1.5.3 Global Hydrogen Powered Heavy-Duty Truck Average Price (2018-2029)
2 Manufacturers Profiles
2.1 Hyundai
2.1.1 Hyundai Details
2.1.2 Hyundai Major Business
2.1.3 Hyundai Hydrogen Powered Heavy-Duty Truck Product and Services
2.1.4 Hyundai Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Hyundai Recent Developments/Updates
2.2 Geely
2.2.1 Geely Details
2.2.2 Geely Major Business
2.2.3 Geely Hydrogen Powered Heavy-Duty Truck Product and Services
2.2.4 Geely Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Geely Recent Developments/Updates
2.3 Foton
2.3.1 Foton Details
2.3.2 Foton Major Business
2.3.3 Foton Hydrogen Powered Heavy-Duty Truck Product and Services
2.3.4 Foton Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Foton Recent Developments/Updates
2.4 Hyzon Motors
2.4.1 Hyzon Motors Details
2.4.2 Hyzon Motors Major Business
2.4.3 Hyzon Motors Hydrogen Powered Heavy-Duty Truck Product and Services
2.4.4 Hyzon Motors Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Hyzon Motors Recent Developments/Updates
2.5 Xiamen Golden Dragon
2.5.1 Xiamen Golden Dragon Details
2.5.2 Xiamen Golden Dragon Major Business
2.5.3 Xiamen Golden Dragon Hydrogen Powered Heavy-Duty Truck Product and Services
2.5.4 Xiamen Golden Dragon Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Xiamen Golden Dragon Recent Developments/Updates
2.6 Nikola
2.6.1 Nikola Details
2.6.2 Nikola Major Business
2.6.3 Nikola Hydrogen Powered Heavy-Duty Truck Product and Services
2.6.4 Nikola Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Nikola Recent Developments/Updates
2.7 SAIC HONGYAN
2.7.1 SAIC HONGYAN Details
2.7.2 SAIC HONGYAN Major Business
2.7.3 SAIC HONGYAN Hydrogen Powered Heavy-Duty Truck Product and Services
2.7.4 SAIC HONGYAN Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 SAIC HONGYAN Recent Developments/Updates
2.8 Dongfeng Motor
2.8.1 Dongfeng Motor Details
2.8.2 Dongfeng Motor Major Business
2.8.3 Dongfeng Motor Hydrogen Powered Heavy-Duty Truck Product and Services
2.8.4 Dongfeng Motor Hydrogen Powered Heavy-Duty Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Dongfeng Motor Recent Developments/Updates
3 Competitive Environment: Hydrogen Powered Heavy-Duty Truck by Manufacturer
3.1 Global Hydrogen Powered Heavy-Duty Truck Sales Quantity by Manufacturer (2018-2023)
3.2 Global Hydrogen Powered Heavy-Duty Truck Revenue by Manufacturer (2018-2023)
3.3 Global Hydrogen Powered Heavy-Duty Truck Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Hydrogen Powered Heavy-Duty Truck by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Hydrogen Powered Heavy-Duty Truck Manufacturer Market Share in 2022
3.4.2 Top 6 Hydrogen Powered Heavy-Duty Truck Manufacturer Market Share in 2022
3.5 Hydrogen Powered Heavy-Duty Truck Market: Overall Company Footprint Analysis
3.5.1 Hydrogen Powered Heavy-Duty Truck Market: Region Footprint
3.5.2 Hydrogen Powered Heavy-Duty Truck Market: Company Product Type Footprint
3.5.3 Hydrogen Powered Heavy-Duty Truck Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Hydrogen Powered Heavy-Duty Truck Market Size by Region
4.1.1 Global Hydrogen Powered Heavy-Duty Truck Sales Quantity by Region (2018-2029)
4.1.2 Global Hydrogen Powered Heavy-Duty Truck Consumption Value by Region (2018-2029)
4.1.3 Global Hydrogen Powered Heavy-Duty Truck Average Price by Region (2018-2029)
4.2 North America Hydrogen Powered Heavy-Duty Truck Consumption Value (2018-2029)
4.3 Europe Hydrogen Powered Heavy-Duty Truck Consumption Value (2018-2029)
4.4 Asia-Pacific Hydrogen Powered Heavy-Duty Truck Consumption Value (2018-2029)
4.5 South America Hydrogen Powered Heavy-Duty Truck Consumption Value (2018-2029)
4.6 Middle East and Africa Hydrogen Powered Heavy-Duty Truck Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Hydrogen Powered Heavy-Duty Truck Sales Quantity by Type (2018-2029)
5.2 Global Hydrogen Powered Heavy-Duty Truck Consumption Value by Type (2018-2029)
5.3 Global Hydrogen Powered Heavy-Duty Truck Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Hydrogen Powered Heavy-Duty Truck Sales Quantity by Application (2018-2029)
6.2 Global Hydrogen Powered Heavy-Duty Truck Consumption Value by Application (2018-2029)
6.3 Global Hydrogen Powered Heavy-Duty Truck Average Price by Application (2018-2029)
7 North America
7.1 North America Hydrogen Powered Heavy-Duty Truck Sales Quantity by Type (2018-2029)
7.2 North America Hydrogen Powered Heavy-Duty Truck Sales Quantity by Application (2018-2029)
7.3 North America Hydrogen Powered Heavy-Duty Truck Market Size by Country
7.3.1 North America Hydrogen Powered Heavy-Duty Truck Sales Quantity by Country (2018-2029)
7.3.2 North America Hydrogen Powered Heavy-Duty Truck Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Hydrogen Powered Heavy-Duty Truck Sales Quantity by Type (2018-2029)
8.2 Europe Hydrogen Powered Heavy-Duty Truck Sales Quantity by Application (2018-2029)
8.3 Europe Hydrogen Powered Heavy-Duty Truck Market Size by Country
8.3.1 Europe Hydrogen Powered Heavy-Duty Truck Sales Quantity by Country (2018-2029)
8.3.2 Europe Hydrogen Powered Heavy-Duty Truck Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Hydrogen Powered Heavy-Duty Truck Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Hydrogen Powered Heavy-Duty Truck Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Hydrogen Powered Heavy-Duty Truck Market Size by Region
9.3.1 Asia-Pacific Hydrogen Powered Heavy-Duty Truck Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Hydrogen Powered Heavy-Duty Truck Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Hydrogen Powered Heavy-Duty Truck Sales Quantity by Type (2018-2029)
10.2 South America Hydrogen Powered Heavy-Duty Truck Sales Quantity by Application (2018-2029)
10.3 South America Hydrogen Powered Heavy-Duty Truck Market Size by Country
10.3.1 South America Hydrogen Powered Heavy-Duty Truck Sales Quantity by Country (2018-2029)
10.3.2 South America Hydrogen Powered Heavy-Duty Truck Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Hydrogen Powered Heavy-Duty Truck Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Hydrogen Powered Heavy-Duty Truck Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Hydrogen Powered Heavy-Duty Truck Market Size by Country
11.3.1 Middle East & Africa Hydrogen Powered Heavy-Duty Truck Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Hydrogen Powered Heavy-Duty Truck Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Hydrogen Powered Heavy-Duty Truck Market Drivers
12.2 Hydrogen Powered Heavy-Duty Truck Market Restraints
12.3 Hydrogen Powered Heavy-Duty Truck Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Hydrogen Powered Heavy-Duty Truck and Key Manufacturers
13.2 Manufacturing Costs Percentage of Hydrogen Powered Heavy-Duty Truck
13.3 Hydrogen Powered Heavy-Duty Truck Production Process
13.4 Hydrogen Powered Heavy-Duty Truck Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Hydrogen Powered Heavy-Duty Truck Typical Distributors
14.3 Hydrogen Powered Heavy-Duty Truck Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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