Frost Radar : 유럽 상용차용 수소 탱크 제조업체(2025년)

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

The commercial vehicle industry in Europe is undergoing a transformation driven by the shift to zero-emission fuel technologies that focus on sustainability and affordability. Hydrogen fuel technology has emerged as a promising solution in long-haul, heavy-duty transportation.

The demand for hydrogen trucks is expected to accelerate as European governments and regulatory bodies promote hydrogen power in their clean energy strategies. Incentives for hydrogen-powered vehicles, coupled with investments in hydrogen refueling infrastructure, are enabling collaborations across the value chain and emphasizing the essential role of hydrogen tank manufacturers.

Hydrogen tank manufacturers are forming strategic partnerships with truck manufacturers, fuel cell developers, and infrastructure providers to ensure the safe and efficient storage of hydrogen under high pressure, addressing one of the most critical challenges in the hydrogen mobility ecosystem.

Frost & Sullivan identified eight companies disrupting the hydrogen tank industry with cutting-edge innovation and technology, strong partnerships, and strategic positioning. These companies are actively shaping the competitive landscape.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.

Best Practices & Growth Opportunities

Best Practices

1 Faber and Hexagon Purus maintain full control over the design, manufacturing, and testing of hydrogen tanks. This ensures quality, reduces lead time, and enhances innovation cycles-especially important in high-pressure Type 4 and cryogenic tanks.

2 Forvia, OPMobility, and NPROXX focus on modular tank systems that can be easily integrated or retrofitted into various commercial vehicle platforms. Their plug-and-play architecture and rectangular designs enable maximum storage efficiency and vehicle range optimization.

3 Voith and SAG lead in material innovation. Voith uses epoxy resins, while SAG has developed lightweight cryogenic tanks with vacuum insulation. These approaches reduce weight and increase safety and storage density essential for long-haul applications.

Best Practices & Growth Opportunities

1 Public-private initiatives, such as H2Ref-Demo, NAHV, and H2Haul are accelerating hydrogen infrastructure buildout in Europe. Faber and OPMobility are leveraging these platforms to scale manufacturing and deploy tanks in integrated zero-emission commercial vehicle ecosystems.

2 The rapid adoption of hydrogen in Asia presents a major opportunity. Forvia is expanding aggressively with a dedicated entity in China and partnerships including FAW Jiefang, supporting large-scale production (more than 100,000 tanks annually) and targeting €3.5 billion in hydrogen revenue by 2030.

3 Liquid hydrogen storage is an enabler for long-haul transport. SAG leads this segment with cryogenic tank systems already proven in real-world testing with Daimler Truck. Its participation in EU-funded projects and OEM collaborations gives it an early-mover advantage in applications for trucks and aviation.

Frost Radar™ Competitive Environment

Key Points

The European market for hydrogen tanks for commercial vehicles is expected to grow, driven by technological advancements and strategic collaborations. Eight companies are focusing on lightweight, high-pressure solutions to meet stringent performance and safety standards.

Hexagon Purus, Forvia, and OPMobility are the Growth and Innovation Index leaders on the Frost Radar™. These companies have robust product portfolios and wider partnerships with evolving hydrogen refueling players across Europe. They, along with NPROXX, also demonstrate high levels of technological innovation and both gaseous and liquid hydrogen refueling concepts to disrupt the hydrogen tank industry.

Forvia is one of top companies that combines sustainability with efficient manufacturing.

Hexagon Purus's facilities in Germany ensure large-scale production, while collaborations with European OEMs highlight its dominant position in the market.

Luxfer's lightweight Type 4 cylinders and infrastructure partnerships enhance the commercial viability of hydrogen-powered trucks.

SAG's liquid hydrogen storage systems are at the forefront of long-haul trucking solutions, with cryotank technology innovations aligning with zero-emission mandates.

Leveraging advanced technologies, such as the Carbon4Tank system, Voith's focus on partnerships and R&D underpins its role in the hydrogen mobility market.

SAG Group, Luxfer, and Faber each report nominal growth rates and innovation in key areas that merit being included on the Frost Radar™.

Growth Environment

• The key megatrends driving transformation in the commercial vehicle industry are connected, autonomous, shared, and electric (CASE). Hydrogen fuel cell electric innovation will play an essential role in the years to come in wider CASE adoption scenarios.
• Aside from battery electric, hydrogen fuel cell electric technology is gaining traction in long-haul commercial vehicles as a solution to reduce emissions and address the environmental challenges of traditional combustion-powered vehicles. Europe, with its ambitious emission goals, is an important market in the development of hydrogen infrastructure and technology, including hydrogen tanks for commercial vehicles.
• The hydrogen tank manufacturing industry is expected to grow rapidly with the demand for hydrogen-based commercial vehicles. While legacy Tier I players continue to dominate the industry, start-ups and technology companies entering the hydrogen space are eager to accelerate adoption.
• Collaborations between established truck and tank manufacturers, start-ups, and policy makers focused on green hydrogen will be crucial in the coming decade. The market will continue to evolve to the point that hydrogen-powered commercial vehicles contribute significantly to the decarbonization of the transportation industry.
• The evolution of the automotive industry in Europe is fueled by alternative powertrains, such as hydrogen fuel cells. As the push for low- to no-emission vehicles gathers pace, the business case for further emission reduction is strengthened by the introduction of hydrogen-powered medium- and heavy-duty trucks.
• European governments and regulatory bodies are intensifying their efforts to reduce carbon emissions or increase adoption of hydrogen-powered vehicles.
• Collaboration among hydrogen tank manufacturers, commercial vehicle makers, fuel cell technology developers, and refueling infrastructure providers will only become stronger as stakeholders realize the need for cooperation to overcome the challenges of scaling up hydrogen infrastructure and creating a sustainable hydrogen ecosystem.
• Advancements in hydrogen fuel cell technology, coupled with declining costs of manufacturing essential components, such as tanks, will drive adoption of hydrogen-powered commercial vehicles. Innovative business models, such as leasing or pay-per-mile schemes, could help fleet operators acquire hydrogen-powered trucks with lower upfront costs, making the transition to cleaner transportation more accessible.

Table of Contents

Strategic Imperative and Growth Environment

Frost RadarTM: European Manufacturers of Hydrogen Tanks for Commercial Vehicles

Companies to Action

• Faber
• Forvia
• Hexagon Purus
• Luxfer
• NPROXX
• OPMobility
• SAG
• Voith

Best Practices & Growth Opportunities

Frost Radar Analytics

Frost RadarTM: European Manufacturers of Hydrogen Tanks for Commercial Vehicles, 2025

Next Steps: Leveraging the Frost RadarTM to Empower Key Stakeholders

• Significance of Being on the Frost RadarTM
• CEO's Growth Team
• Investors
• Customers
• Board of Directors
• Next Steps

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