세계의 수소 트럭 시장 예측 : 제품별, 범위별, 용도별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Hydrogen Trucks Market is accounted for $4.94 billion in 2024 and is expected to reach $36.39 billion by 2030 growing at a CAGR of 39.5% during the forecast period. Hydrogen trucks are a type of heavy-duty vehicle powered by hydrogen fuel cells, which convert hydrogen gas into electricity to drive electric motors. These trucks offer a promising solution for sustainable transportation, particularly in logistics and freight sectors, where reducing carbon emissions is crucial. Unlike traditional diesel trucks, hydrogen trucks emit only water vapor as a byproduct, making them environmentally friendly. They typically feature large hydrogen tanks that provide a longer driving range compared to battery-electric vehicles, allowing for more efficient long-haul transport.

Market Dynamics:

Driver:

Improvements in hydrogen fuel cell technology

Recent advancements in hydrogen fuel cell technology are significantly enhancing the performance and efficiency of hydrogen trucks. These improvements focus on increasing fuel cell efficiency, reducing production costs, and enhancing durability. New materials and designs have led to lighter, more compact fuel cells, enabling trucks to achieve greater ranges and faster refueling times, making them more competitive with traditional diesel trucks. Additionally, innovations in hydrogen storage systems have improved safety and storage density, allowing for longer trips without the need for frequent refueling.

Restraint:

Market competition

The hydrogen truck market faces significant competition from established alternatives, particularly electric battery-powered vehicles and traditional diesel trucks. As automakers invest heavily in electric vehicle (EV) technology, the infrastructure for charging and battery production expands rapidly, offering consumers a more convenient and cost-effective solution. Hydrogen trucks, while promising in terms of long-range capabilities and fast refueling times, struggle with limited refueling infrastructure and higher production costs. The current focus on sustainability often prioritizes battery electric solutions due to their relatively lower emissions and greater availability.

Opportunity:

Infrastructure development

Infrastructure development is crucial for advancing hydrogen trucks, enabling a shift toward sustainable transportation. As governments and private sectors invest in hydrogen refueling stations, the viability of hydrogen fuel cell vehicles increases significantly. Improved infrastructure not only facilitates easier access to refueling but also boosts consumer confidence in adopting hydrogen technology. Additionally, the establishment of supply chains for hydrogen production and distribution plays a vital role in making hydrogen more accessible and affordable. Collaboration between stakeholders, including automakers, energy companies, and policymakers, is essential to create a cohesive network that supports the deployment of hydrogen trucks.

Threat:

Environmental concerns

Hydrogen trucks are viewed as a promising solution for reducing greenhouse gas emissions in heavy-duty transport; however, environmental concerns pose significant challenges to their widespread adoption. Currently, a large portion of hydrogen is derived from fossil fuels, particularly natural gas, through a process known as steam methane reforming, which emits substantial CO2. Although green hydrogen, produced via electrolysis using renewable energy, offers a cleaner alternative, it remains expensive and less scalable. Concerns about the environmental impact of hydrogen storage and transportation-such as potential leaks and the energy-intensive processes involved-further complicate the sustainability narrative.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the hydrogen truck sector, disrupting supply chains, delaying production, and hindering research and development efforts. Lockdowns and social distancing measures halted manufacturing activities and restricted the movement of goods, leading to shortages in key components and materials required for hydrogen fuel cell technology. Reduced economic activity during the pandemic resulted in diminished investments in sustainable transportation initiatives, including hydrogen infrastructure. This slowdown affected the adoption rate of hydrogen trucks, which are essential for achieving zero-emission goals in heavy-duty transport.

The Medium Duty Trucks segment is expected to be the largest during the forecast period

Medium Duty Trucks segment is expected to dominate the largest share over the estimated period as a sustainable alternative to traditional diesel engines. These hydrogen trucks are designed to meet the growing demand for cleaner transportation solutions, particularly in urban environments where emissions regulations are becoming stricter. Hydrogen fuel cells offer several advantages, including longer ranges and faster refueling times compared to battery-electric trucks, making them ideal for various applications such as delivery and logistics. As companies seek to reduce their carbon footprints, the integration of hydrogen trucks presents a promising pathway toward achieving sustainable logistics, enhancing energy security, and supporting the transition to a low-emission economy.

The Last-Mile Delivery segment is expected to have the highest CAGR during the forecast period

Last-Mile Delivery segment is estimated to grow at a rapid pace during the forecast period. With the rise in e-commerce, the demand for efficient and environmentally friendly transportation solutions has never been higher. Hydrogen trucks offer several advantages, including zero tailpipe emissions, which significantly reduce air pollution in urban areas. Their quick refueling capabilities allow for faster turnaround times compared to electric vehicles, making them ideal for last-mile operations that require frequent and rapid deliveries. As municipalities and governments impose stricter emissions regulations, hydrogen trucks present a promising solution for businesses looking to meet sustainability goals while maintaining operational efficiency.

Region with largest share:

Asia Pacific region is poised to hold the largest share of the market throughout the extrapolated period. As countries prioritize carbon neutrality and seek to reduce greenhouse gas emissions, hydrogen fuel cell technology emerges as a viable alternative to traditional fossil fuels. Major logistics companies are investing in hydrogen infrastructure, including refueling stations, to support the deployment of hydrogen-powered trucks. This shift not only aligns with global sustainability goals but also addresses challenges like air quality and urban congestion. Additionally, advancements in hydrogen production and storage technologies are making it more economically feasible, further encouraging fleet operators to transition to cleaner alternatives across the region.

Region with highest CAGR:

Europe region is estimated to witness the highest CAGR during the projected time frame. With the EU aiming to reduce carbon emissions and achieve climate neutrality, various financial support mechanisms, such as subsidies, tax breaks, and grants, are being implemented to encourage the adoption of hydrogen fuel cell technology. These incentives help offset the high initial costs associated with hydrogen trucks, making them more accessible to logistics companies and fleet operators. As a result, this initiative not only promotes environmental sustainability but also stimulates economic growth by creating jobs in the green technology sector across the region.

Key players in the market

Some of the key players in Hydrogen Trucks market include Ballard Power Systems, Cellcentric GmbH & Co. KG, Cummins Inc, Daimler Trucks, Dongfeng Motor Corporation, Esoro AG, Great Wall Motor Company Ltd, Hyundai Motor Company, Nikola Corporation, Toyota Motor Corporation and Volvo Cars.

Key Developments:

In August 2024, DHL, based in Bonn, announced that it would be deploying the Paul Hydrogen Power Truck, a vehicle based on the Mercedes-Benz Atego, during the one-year pilot for distribution and line hauls at the Cologne location.

In May 2024, Hyundai, based in Seoul, introduced its hydrogen fuel cell truck businesses in North America with the official launch of the "NorCAL ZERO Project" in the port of California.

In February 2024, Reliance Industries, headquartered in Mumbai, announced that the company will be transforming 5,000 ICE trucks into a hydrogen-powered fleet by mid-2024. This marks a pivotal step in realizing a sustainable and eco-friendly future for the transportation industry in India.

Products Covered:

• Heavy Duty Trucks
• Medium Duty Trucks
• Small Duty Trucks

Ranges Covered:

• Above 400 Km
• Below 400 Km

Applications Covered:

• Construction
• Last-Mile Delivery
• Long-Haul Transportation
• Refuse Collection
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hydrogen Trucks Market, By Product

• 5.1 Introduction
• 5.2 Heavy Duty Trucks
• 5.3 Medium Duty Trucks
• 5.4 Small Duty Trucks

6 Global Hydrogen Trucks Market, By Range

• 6.1 Introduction
• 6.2 Above 400 Km
• 6.3 Below 400 Km

7 Global Hydrogen Trucks Market, By Application

• 7.1 Introduction
• 7.2 Construction
• 7.3 Last-Mile Delivery
• 7.4 Long-Haul Transportation
• 7.5 Refuse Collection
• 7.6 Other Applications

8 Global Hydrogen Trucks Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Ballard Power Systems
• 10.2 Cellcentric GmbH & Co. KG
• 10.3 Cummins Inc
• 10.4 Daimler Trucks
• 10.5 Dongfeng Motor Corporation
• 10.6 Esoro AG
• 10.7 Great Wall Motor Company Ltd
• 10.8 Hyundai Motor Company
• 10.9 Nikola Corporation
• 10.10 Toyota Motor Corporation
• 10.11 Volvo Cars