수소 트럭 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the hydrogen truck market size was valued at USD 2.68 billion in 2025 and is expected to reach USD 3.23 billion in 2026 and USD 8.22 billion by 2031, growing at a CAGR of 20.54% over 2026-2031.

This report is Segmented by Tonnage Capacity (3. 5 To 7. 5 Tons, 7. 5 To 16 Tons, and More), Range (Below 300 Miles, 300-500 Miles, and More), Application (Logistics, Construction, and More), Ownership (Fleet Operators, Individual Owners), Body Type (Flatbed, Box Truck, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

Global Hydrogen Truck Market Trends and Insights

Rapid Decline in Green-Hydrogen LCOH (Levelized Cost of Hydrogen)

The hydrogen truck market is becoming more viable because clean hydrogen cost targets are no longer framed only as distant ambitions, with the U.S. Department of Energy now pushing toward USD 2/kg by 2026 and USD 1/kg by 2031 through scale, efficiency, and lower renewable electricity input costs. That shift matters because fuel cost sits at the center of truck operating economics, and even partial progress on delivered hydrogen price can materially narrow the cost gap that has limited wider rollout in the hydrogen truck market. The hydrogen truck market is also seeing a clear geographic split, since renewable-rich regions can move faster toward workable economics than areas where electricity remains expensive or volatile, which means commercial adoption is likely to cluster first around low-cost power rather than spread evenly by country. This pattern strengthens the case for captive routes and corridor planning, because operators with access to favorable local hydrogen production can reach more stable fleet economics earlier than operators that depend on trucked-in supply from higher-cost regions. As a result, the hydrogen truck market is likely to reward project developers that pair vehicles with local production and dispensing rather than treat hydrogen sourcing as a separate downstream issue. It also means early unsubsidized wins are more likely to come from a handful of advantaged logistics zones than from national rollouts across full highway networks.

Expansion of Zero-Emission Freight Corridors

The hydrogen truck market is gaining support from corridor-based deployment models because governments are increasingly planning infrastructure around freight density and route logic rather than relying on scattered public stations that cannot support heavy-duty utilization. In the United States, the National Zero-Emission Freight Corridor Strategy targets 12,000 miles of the National Highway Freight Network in its first phase, which gives the hydrogen truck market a clearer infrastructure roadmap for Class 7 and Class 8 operations on high-volume routes. In Europe, AFIR requires hydrogen stations at regular intervals along the TEN-T core network by 2030, and consortium-led deployments are beginning to match that policy framework with vehicle and station commitments. The hydrogen truck market benefits from this approach because route certainty reduces the risk of idle assets, raises station utilization, and lets fleets match vehicle procurement to known refueling access instead of waiting for universal coverage. It also changes the commercial decision for operators, since the best first move is often to secure service on a viable corridor rather than simply choose a vehicle model. That is why corridor ownership, station partnerships, and freight aggregation are becoming as important as truck hardware in the hydrogen truck market.

Limited Public H2 Refueling Network Density

The hydrogen truck market still faces its most immediate barrier in station density, because the number of heavy-duty hydrogen refueling points remains far below the level needed for broad route flexibility. In Europe, the public network for commercial vehicles is still thin, and the reconfiguration of older passenger-focused stations into truck-suitable formats has reduced available locations in some areas before the next wave of investment fully arrives. In the United States, federal planning documents still imply a very large infrastructure buildout over time, which shows how wide the current gap remains between policy ambition and operational access. The hydrogen truck market is further slowed by uncertainty over refueling formats, because incompatible approaches for gaseous and liquid hydrogen create hesitation for investors deciding which assets to fund. This means the issue is not only the number of stations, but also whether fleets can trust those stations to match future vehicle platforms. Until that confidence improves, the hydrogen truck market will keep favoring captive fleets and closed corridors over open-access national networks.

Other drivers and restraints analyzed in the detailed report include:

1. BEV-Range Limitations for Long-Haul Duty Cycles
2. Clean-Fuel Procurement Mandates from Global Shippers
3. Higher TCO Versus Diesel in Low-Subsidy Regions

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Above 30 Tons accounted for 42.15% of the hydrogen truck market size in 2025 and is projected to record the fastest CAGR of 26.75% through 2031. This position reflects the clearest operating fit in the hydrogen truck market, because long-haul and high-gross-weight freight places the greatest value on rapid refueling, route continuity, and preserved payload. Research on powertrain weight tradeoffs shows that hydrogen systems impose a smaller weight penalty than battery packs in the heaviest vehicle classes, which matters directly for container haulage, bulk freight, and line-haul tractor use. Daimler Truck's small-series commitment for its hydrogen heavy truck reinforces that the above-30-ton class is where manufacturers see the strongest path to series economics and operational relevance. In practical terms, the hydrogen truck market becomes easier to justify when each vehicle covers long daily distances, carries high-value or weight-sensitive loads, and avoids extended charging downtime.

The 16-30 Tons segment remains commercially important because it serves mixed-cycle operations in construction logistics, regional distribution, and tipping work, where route variability makes fast refueling attractive. The hydrogen truck industry also benefits from this middle band because many fleet operators can pilot hydrogen there before moving into full long-haul tractor deployment. By contrast, the 7.5-16 Tons and 3.5-7.5 Tons ranges still face a weaker immediate case, since shorter urban and regional cycles are easier to electrify with depot charging. That does not remove them from the hydrogen truck market, but it does place them behind heavier classes in the current investment queue. Safety and certification requirements under UNECE hydrogen vehicle rules also continue to shape storage design, integration choices, and commercialization pace across all tonnage classes.

The 300-500 miles category held 54.33% of the hydrogen truck market size in 2025, while above 500 miles is set to expand at a 33.45% CAGR through 2031. The current lead of the 300-500 miles bracket reflects the structure of today's corridor buildout, where infrastructure is limited but predictable enough to support regional freight networks with planned refueling intervals. The faster growth of the Above 500 miles segment shows where the hydrogen truck market is expected to generate its next wave of value, especially as liquid and high-density storage solutions mature for very long routes. Daimler's NextGenH2 platform is designed for more than 1,000 km of range with liquid hydrogen, which directly supports the case for expanding hydrogen into full long-haul service rather than keeping it inside regional corridors. Elemental Trucks' commercial introduction of a 63.5-tonne hydrogen Class 8 vehicle in Canada also points to growing confidence that longer-range freight operations can be addressed with commercially offered products rather than only prototypes.

The Below 300 miles segment remains relevant in port drayage, waste, and urban logistics, where route regularity and local air-quality rules support zero-emission adoption even when hydrogen economics are not yet ideal. Still, that lower-range bracket faces stronger competition from battery-electric platforms because charging can often be centralized at depots with predictable return schedules. The hydrogen truck market is therefore seeing a split in which lower-range use cases support early demonstration and compliance needs, while higher-range use cases carry the larger future growth pool. As corridor density improves, some demand is likely to move upward from the mid-range category into longer-range vehicles because fleets value schedule resilience and lower refueling frequency. That progression would keep the hydrogen truck market centered on the transport applications where hydrogen's range advantage is hardest to replace.

Complete Report Scope:

• By Tonnage Capacity
  • 3.5 to 7.5 Tons
  • 7.5 to 16 Tons
  • 16 to 30 Tons
  • Above 30 Tons
• By Range
  • Below 300 miles
  • 300 to 500 miles
  • Above 500 miles
• By Application
  • Logistics
  • Construction
  • Agriculture
  • Mining
  • Utility
  • Others
• By Ownership
  • Fleet Operators
  • Individual Owners
• By Body Type
  • Flatbed
  • Box Truck
  • Refrigerated
  • Tanker
  • Tipper
• By Geography
  • North America
    • United States
    • Canada
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • United Kingdom
    • Germany
    • Spain
    • Italy
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Middle East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • Turkey
    • Egypt
    • South Africa
    • Rest of Middle East and Africa

Geography Analysis

Europe represented 45.11% of the hydrogen truck market size in 2025, which made it the leading regional bloc in current revenue terms. Europe leads because policy support is layered rather than isolated, with AFIR setting station requirements on core corridors while RED III strengthens the push toward renewable hydrogen use in the broader economy. That policy depth matters for the hydrogen truck market because fleets, OEMs, and fuel suppliers can all make investment decisions against a clearer regulatory path. Germany remains central through station funding and fleet support, while lower net hydrogen pricing for selected commercial users has brought the economics closer to workable utilization levels for truck operators. France is adding real fleet operating evidence through Hyliko, while Spain's lower-cost renewable hydrogen potential positions southern Europe as an increasingly important supply anchor for the region's future cost curve.

Asia-Pacific is the fastest-growing region in the hydrogen truck market, with a projected CAGR of 24.65% through 2031. China is advancing through an ecosystem model that ties demonstration clusters, public incentives, fleet buildout, and mileage accumulation together rather than leaving adoption to open-market competition, and those clusters had already promoted more than 20,000 fuel cell vehicles by the end of 2025. XCMG's durability progress and continued strength in new-energy heavy trucks also support the region's scale story, because commercial credibility in the hydrogen truck market depends on real operating proof as much as on policy commitments. South Korea remains important through Hyundai's integrated HTWO approach, which spans production, fueling, and vehicle deployment across multiple countries and extends Asia-Pacific influence into export markets such as Uruguay. India is still early, but mining deployment and techno-economic debate are moving the hydrogen truck market from concept discussion into structured project evaluation.

North America entered a clearer commercial phase in 2026 as corridor planning, port operations, and integrated fleet models began to align more visibly. California remains the center of gravity for the hydrogen truck market in the region, with Hyroad Energy's large Port of Long Beach deployment and Toyota's linked supply arrangement creating one of the most concrete operating examples in the United States. Federal corridor strategy adds longer-term structure, especially along Interstate 5 and other major freight routes where utilization density can support staged infrastructure rollout. Canada is emerging through heavy-truck launches and lease-based access, while South America and the Middle East and Africa remain earlier-stage regions where project activity is visible but large-scale adoption still depends on future station buildout and dependable hydrogen supply.

1. Hyundai Motor Company
2. Daimler Truck AG
3. Toyota Motor Corporation
4. Volvo Group
5. Scania AB
6. MAN Truck and Bus SE
7. Iveco Group
8. Kenworth (Paccar Inc.)
9. Renault Trucks
10. Quantron AG
11. Tata Motors Limited
12. FAW Jiefang
13. SAIC Motor Corp., Ltd.
14. Dongfeng Motor Corporation
15. Foton Motor Co.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid Decline in Green-Hydrogen LCOH (Levelized Cost of Hydrogen)
  • 4.2.2 Expansion of Zero-Emission Freight Corridors
  • 4.2.3 BEV-Range Limitations for Long-Haul Duty Cycles
  • 4.2.4 Clean-Fuel Procurement Mandates from Global Shippers
  • 4.2.5 Surplus Renewable-Energy Curtailment Monetization
  • 4.2.6 OEM Leasing Models that Eliminate Residual-Value Risk
• 4.3 Market Restraints
  • 4.3.1 Limited Public H2 Refueling Network Density
  • 4.3.2 Higher TCO Versus Diesel in Low-Subsidy Regions
  • 4.3.3 Powertrain Durability Unknowns beyond 500,000 Km
  • 4.3.4 H2 Price Volatility Linked to Natural-Gas Benchmarks
• 4.4 Value / Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry

5 Market Size and Growth Forecast (Value (USD) and Volume (Units))

• 5.1 By Tonnage Capacity
  • 5.1.1 3.5 to 7.5 Tons
  • 5.1.2 7.5 to 16 Tons
  • 5.1.3 16 to 30 Tons
  • 5.1.4 Above 30 Tons
• 5.2 By Range
  • 5.2.1 Below 300 miles
  • 5.2.2 300 to 500 miles
  • 5.2.3 Above 500 miles
• 5.3 By Application
  • 5.3.1 Logistics
  • 5.3.2 Construction
  • 5.3.3 Agriculture
  • 5.3.4 Mining
  • 5.3.5 Utility
  • 5.3.6 Others
• 5.4 By Ownership
  • 5.4.1 Fleet Operators
  • 5.4.2 Individual Owners
• 5.5 By Body Type
  • 5.5.1 Flatbed
  • 5.5.2 Box Truck
  • 5.5.3 Refrigerated
  • 5.5.4 Tanker
  • 5.5.5 Tipper
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Rest of North America
  • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
  • 5.6.3 Europe
    • 5.6.3.1 United Kingdom
    • 5.6.3.2 Germany
    • 5.6.3.3 Spain
    • 5.6.3.4 Italy
    • 5.6.3.5 France
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
  • 5.6.4 Asia-Pacific
    • 5.6.4.1 India
    • 5.6.4.2 China
    • 5.6.4.3 Japan
    • 5.6.4.4 South Korea
    • 5.6.4.5 Rest of Asia-Pacific
  • 5.6.5 Middle East and Africa
    • 5.6.5.1 United Arab Emirates
    • 5.6.5.2 Saudi Arabia
    • 5.6.5.3 Turkey
    • 5.6.5.4 Egypt
    • 5.6.5.5 South Africa
    • 5.6.5.6 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
  • 6.4.1 Hyundai Motor Company
  • 6.4.2 Daimler Truck AG
  • 6.4.3 Toyota Motor Corporation
  • 6.4.4 Volvo Group
  • 6.4.5 Scania AB
  • 6.4.6 MAN Truck and Bus SE
  • 6.4.7 Iveco Group
  • 6.4.8 Kenworth (Paccar Inc.)
  • 6.4.9 Renault Trucks
  • 6.4.10 Quantron AG
  • 6.4.11 Tata Motors Limited
  • 6.4.12 FAW Jiefang
  • 6.4.13 SAIC Motor Corp., Ltd.
  • 6.4.14 Dongfeng Motor Corporation
  • 6.4.15 Foton Motor Co.

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-Need Assessment