Global Hydrogen Powered Transport Market Report 2024

Hydrogen Powered Transport Global Market Report 2025 – By Fuel Cell Technology Type (Proton Exchange Membrane Fuel Cells, Phosphoric Acid Fuel Cells, Other Fuel Cell Technologies), By Vehicle Type (Cars, Buses, Trucks, Other Vehicles), By End Use (Passenger Vehicle, Commercial Vehicle) – Market Size, Trends, And Global Forecast 2025-2034

Hydrogen Powered Transport Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Hydrogen Powered Transport Market Definition

Hydrogen powered transport is a vehicle that uses hydrogen as its internal fuel. The powertrains of hydrogen vehicles use either internal combustion engines to burn hydrogen or fuel cells, which use hydrogen and oxygen to react to produce mechanical energy and power electric motors.

The hydrogen powered transport market covered in the report is segmented by fuel cell technology type into proton exchange membrane fuel cells, phosphoric acid fuel cells, and others; by vehicle type into cars, buses, Trucks, and others; and by end-use into passenger vehicles, commercial vehicles.

Hydrogen Powered Transport Market Segmentation

The hydrogen powered transport market covered in this report is segmented –

1) By Fuel Cell Technology Type: Proton Exchange Membrane Fuel Cells, Phosphoric Acid Fuel Cells, Other Fuel Cell Technologies

2) By Vehicle Type: Cars, Buses, Trucks, Other Vehicles

3) By End Use: Passenger Vehicle, Commercial Vehicle

Subsegments:

1) By Proton Exchange Membrane Fuel Cells: Automotive Applications, Bus and Commercial Vehicle Applications, Portable Power Applications

2) By Phosphoric Acid Fuel Cells: Stationary Power Generation, Backup Power Systems

3) By Other Fuel Cell Technologies: Solid Oxide Fuel Cells (SOFCs), Alkaline Fuel Cells (AFCs), Molten Carbonate Fuel Cells (MCFCs)

Hydrogen Powered Transport Market Size and growth rate 2025 to 2029: Graph

Hydrogen Powered Transport Market Size 2025 And Growth Rate

The hydrogen powered transport market size has grown exponentially in recent years. It will grow from $13.03 billion in 2024 to $20.67 billion in 2025 at a compound annual growth rate (CAGR) of 58.6%. The growth in the historic period can be attributed to environmental concerns, government subsidies and incentives, energy security, global regulations, public awareness and acceptance.

Hydrogen Powered Transport Market Growth Forecast

The hydrogen powered transport market size is expected to see exponential growth in the next few years. It will grow to $133.14 billion in 2029 at a compound annual growth rate (CAGR) of 59.3%. The growth in the forecast period can be attributed to advancements in infrastructure, international collaboration, economic viability, stringent emission standards, corporate sustainability initiatives. Major trends in the forecast period include focus on green hydrogen production and supply chain, government incentives and policy support for hydrogen mobility, collaborations and partnerships in the hydrogen ecosystem, advancements in hydrogen storage and distribution technologies, hydrogen-powered two-wheelers and micro-mobility solutions.

Hydrogen Powered Transport Market Driver: Government-Led Initiatives And Collaborations Is Driving The Surge In Hydrogen Powered Transport Market

An increase in government initiatives for the development of hydrogen fuel cell infrastructure is contributed to the growth of the hydrogen-powered transport market. Several approaches have been disposed of by different governments to cater to environmental conditions. For instance, the Federation of California in the U.S. committed endows for the development of 100 hydrogen refueling stations to meet its goal of 1.5 million zero-emission vehicles by 2025. Another proposal has California working with other states to correspond regulations and building codes to ease the location and construction of refueling stations for hydrogen and electric vehicles. The goal of this collective effort is to put 3.3 million ZEVs on the highways in those states by 2025 with the goals of diminishing greenhouse gas emissions, improving air quality and public health while enhancing energy diversity, saving consumer's money, and promoting economic growth, which in turn will propel the revenues generated for the hydrogen-powered transport market.

Hydrogen Powered Transport Market Driver: Rising Commercial Vehicle Adoption Fuels Momentum In The Hydrogen-Powered Transport Market

The growing number of commercial vehicles is expected to propel the growth of the hydrogen-powered transport market going forward. Commercial vehicles are automobiles primarily designed and used for transporting goods or passengers for commercial purposes. Hydrogen-powered transport in commercial vehicles offers zero emissions, reduced air pollution, energy efficiency, versatility, reduced dependence on fossil fuels, noise reduction, and quick refueling. For instance, in September 2024, according to the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, the commercial vehicle (CV) plants have produced 78,805 units in 2024, a rise of 5.8% from 74,505 in 2023. Therefore, the growing number of commercial vehicles is driving the growth of the hydrogen-powered transport market.

Global Hydrogen Powered Transport Market Major Players

Major companies operating in the hydrogen powered transport market include Volkswagen Group, Toyota Motor Corporation, Bayerische Motoren Werke AG (BMW), Mercedes-Benz Group AG, General Motors Company, Honda Motor Co. Ltd., Hyundai Motor Group, SAIC Motor Corporation Limited, FAW Group Corporation, Kia Corporation, Volvo Group AB, Groupe Renault, Tata Motors Limited, Mazda Motor Corporation, Great Wall Motor Company Limited, Dongfeng Motor Corporation, Beiqi Foton Motor Co. Ltd., Plug Power Inc., Dayun Group, Ballard Power Systems Inc., ZeroAvia Inc., Nikola Corporation, ULEMCo Limited, Hyperion Motors, Hyzon Motors Inc., Tevva Motors Ltd., FeiChi Automobile Co. Ltd., HV Systems, Air Products and Chemicals Inc., BP p.l.c., Bloom Energy Corporation, Linde plc, Reliance Industries Limited, Cummins Inc., First Hydrogen Inc., Adani Green Energy Ltd., FuelCell Energy Inc.

Global Hydrogen Powered Transport Market Trend: Revolutionizing Hydrogen-Powered Transport By Innovating High-Performance Fuel Cell Electric Vehicle Platforms

Major companies operating in the hydrogen-powered transport market are developing new products such as high-performance hydrogen fuel cell electric vehicle platform to gain a competitive edge in the market. A high-performance hydrogen fuel cell electric vehicle (FCEV) platform refers to an advanced and versatile foundation for designing and manufacturing vehicles that use hydrogen fuel cells as their primary source of power. For instance, in September 2023, WAE Technologies Ltd., a UK-based technology and engineering services company launched EVRh. The platform has a lightweight composite frame and is intended to showcase the capabilities of hydrogen-powered powertrain systems. The platform's main component is a liquid-cooled FCEV battery pack with 430kW of power capacity. EVRh can produce 550kW when combined with the 120kW hydrogen fuel cell. Due to the platform's design versatility, manufacturers are able to produce roadgoing versions of both fixed-roof GT type and open-roof Targa vehicles with maximum power-to-weight.

Global Hydrogen Powered Transport Market Trend: Innovative Advancements In Hydrogen-Powered Transport Through A Focus On Automotive Power Modules

Major companies operating in the hydrogen powered transport market are focusing on innovative products such as automotive power module to drive revenues in their market. An automotive power module refers to an integrated electronic component used in electric and hybrid vehicles to manage and control the power flow between the vehicle's battery pack and the electric motor. For instance, in April 2023, Infineon Technologies AG, a Germany-based company that manufactures hydrogen-powered vehicles launched hybrid pack drive G2. This was built on the Hybrid pack drive G1, an integrated B6 package concept that extends its scalability to increased power and simplicity of use while maintaining the same footprint. The Hybrid pack drive G2, which has a power range of up to 300 kW in the 750 V and 1200 V classes, offers exceptional user-friendliness along with innovative features that allow system cost savings, like on-chip temperature sensing for IGBT products and an integration option for next-generation phase current sensors.

Hydrogen Powered Transport Market Merger And Acquisition: Hyundai's Acquisition Of General Motors To Boost Production Capacity And Expand Operations In South Korea

In August 2023, Hyundai Motor Company, a South Korea-based automotive manufacturing company acquired General Motors Company for an undisclosed amount. With this acquisition, the South Korean auto giant hopes to double the number of vehicles IT can produce annually in the nation to 10 lakh manufacturing facilities and the factory will start producing goods in 2025. General Motors Company is a US-based automobile manufacturing company that sells light commercial vehicles.

Regional Outlook For The Global Hydrogen Powered Transport Market

North America was the largest region in the hydrogen powered transport market in 2024. The regions covered in the hydrogen powered transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hydrogen powered transport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Hydrogen Powered Transport Market?

The hydrogen powered transport market consists of sales of airplanes, automobiles, auto racing, buses, trams and trains, ships, bicycles and military vehicles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Hydrogen Powered Transport Industry?

The hydrogen powered transport market research report is one of a series of new reports from The Business Research Company that provides the hydrogen powered transport market statistics, including the hydrogen powered transport industry, regional shares, competitors with a hydrogen powered transport market share, detailed the hydrogen powered transport market segments, market trends and opportunities, and any further data you may need to thrive in the hydrogen powered transport industry. This hydrogen powered transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Hydrogen Powered Transport Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $20.67 billion
Revenue Forecast In 2034 $133.14 billion
Growth Rate CAGR of 59.3% from 2024 to 2033
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Fuel Cell Technology Type: Proton Exchange Membrane Fuel Cells, Phosphoric Acid Fuel Cells, Other Fuel Cell Technologies
2) By Vehicle Type: Cars, Buses, Trucks, Other Vehicles
3) By End Use: Passenger Vehicle, Commercial Vehicle Subsegments: 1) By Proton Exchange Membrane Fuel Cells: Automotive Applications, Bus and Commercial Vehicle Applications, Portable Power Applications
2) By Phosphoric Acid Fuel Cells: Stationary Power Generation, Backup Power Systems
3) By Other Fuel Cell Technologies: Solid Oxide Fuel Cells (SOFCs), Alkaline Fuel Cells (AFCs), Molten Carbonate Fuel Cells (MCFCs)
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Volkswagen Group, Toyota Motor Corporation, Bayerische Motoren Werke AG (BMW), Mercedes-Benz Group AG, General Motors Company, Honda Motor Co. Ltd., Hyundai Motor Group, SAIC Motor Corporation Limited, FAW Group Corporation, Kia Corporation, Volvo Group AB, Groupe Renault, Tata Motors Limited, Mazda Motor Corporation, Great Wall Motor Company Limited, Dongfeng Motor Corporation, Beiqi Foton Motor Co. Ltd., Plug Power Inc., Dayun Group, Ballard Power Systems Inc., ZeroAvia Inc., Nikola Corporation, ULEMCo Limited, Hyperion Motors, Hyzon Motors Inc., Tevva Motors Ltd., FeiChi Automobile Co. Ltd., HV Systems, Air Products and Chemicals Inc., BP p.l.c., Bloom Energy Corporation, Linde plc, Reliance Industries Limited, Cummins Inc., First Hydrogen Inc., Adani Green Energy Ltd., FuelCell Energy Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Hydrogen Powered Transport Market Characteristics

    3. Hydrogen Powered Transport Market Trends And Strategies

    4. Hydrogen Powered Transport Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Hydrogen Powered Transport Growth Analysis And Strategic Analysis Framework

    5.1. Global Hydrogen Powered Transport PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Hydrogen Powered Transport Market Growth Rate Analysis

    5.4. Global Hydrogen Powered Transport Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Hydrogen Powered Transport Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Hydrogen Powered Transport Total Addressable Market (TAM)

    6. Hydrogen Powered Transport Market Segmentation

    6.1. Global Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Proton Exchange Membrane Fuel Cells

    Phosphoric Acid Fuel Cells

    Other Fuel Cell Technologies

    6.2. Global Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Cars

    Buses

    Trucks

    Other Vehicles

    6.3. Global Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Passenger Vehicle

    Commercial Vehicle

    6.4. Global Hydrogen Powered Transport Market, Sub-Segmentation Of Proton Exchange Membrane Fuel Cells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Automotive Applications

    Bus and Commercial Vehicle Applications

    Portable Power Applications

    6.5. Global Hydrogen Powered Transport Market, Sub-Segmentation Of Phosphoric Acid Fuel Cells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Stationary Power Generation

    Backup Power Systems

    6.6. Global Hydrogen Powered Transport Market, Sub-Segmentation Of Other Fuel Cell Technologies, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Solid Oxide Fuel Cells (SOFCs)

    Alkaline Fuel Cells (AFCs)

    Molten Carbonate Fuel Cells (MCFCs)

    7. Hydrogen Powered Transport Market Regional And Country Analysis

    7.1. Global Hydrogen Powered Transport Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Hydrogen Powered Transport Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Hydrogen Powered Transport Market

    8.1. Asia-Pacific Hydrogen Powered Transport Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Hydrogen Powered Transport Market

    9.1. China Hydrogen Powered Transport Market Overview

    9.2. China Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Hydrogen Powered Transport Market

    10.1. India Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Hydrogen Powered Transport Market

    11.1. Japan Hydrogen Powered Transport Market Overview

    11.2. Japan Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Hydrogen Powered Transport Market

    12.1. Australia Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Hydrogen Powered Transport Market

    13.1. Indonesia Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Hydrogen Powered Transport Market

    14.1. South Korea Hydrogen Powered Transport Market Overview

    14.2. South Korea Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Hydrogen Powered Transport Market

    15.1. Western Europe Hydrogen Powered Transport Market Overview

    15.2. Western Europe Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Hydrogen Powered Transport Market

    16.1. UK Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Hydrogen Powered Transport Market

    17.1. Germany Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Hydrogen Powered Transport Market

    18.1. France Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Hydrogen Powered Transport Market

    19.1. Italy Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Hydrogen Powered Transport Market

    20.1. Spain Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Hydrogen Powered Transport Market

    21.1. Eastern Europe Hydrogen Powered Transport Market Overview

    21.2. Eastern Europe Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Hydrogen Powered Transport Market

    22.1. Russia Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Hydrogen Powered Transport Market

    23.1. North America Hydrogen Powered Transport Market Overview

    23.2. North America Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Hydrogen Powered Transport Market

    24.1. USA Hydrogen Powered Transport Market Overview

    24.2. USA Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Hydrogen Powered Transport Market

    25.1. Canada Hydrogen Powered Transport Market Overview

    25.2. Canada Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Hydrogen Powered Transport Market

    26.1. South America Hydrogen Powered Transport Market Overview

    26.2. South America Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Hydrogen Powered Transport Market

    27.1. Brazil Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Hydrogen Powered Transport Market

    28.1. Middle East Hydrogen Powered Transport Market Overview

    28.2. Middle East Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Hydrogen Powered Transport Market

    29.1. Africa Hydrogen Powered Transport Market Overview

    29.2. Africa Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Hydrogen Powered Transport Market Competitive Landscape And Company Profiles

    30.1. Hydrogen Powered Transport Market Competitive Landscape

    30.2. Hydrogen Powered Transport Market Company Profiles

    30.2.1. Volkswagen Group Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Toyota Motor Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Bayerische Motoren Werke AG (BMW) Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Mercedes-Benz Group AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. General Motors Company Overview, Products and Services, Strategy and Financial Analysis

    31. Hydrogen Powered Transport Market Other Major And Innovative Companies

    31.1. Honda Motor Co. Ltd.

    31.2. Hyundai Motor Group

    31.3. SAIC Motor Corporation Limited

    31.4. FAW Group Corporation

    31.5. Kia Corporation

    31.6. Volvo Group AB

    31.7. Groupe Renault

    31.8. Tata Motors Limited

    31.9. Mazda Motor Corporation

    31.10. Great Wall Motor Company Limited

    31.11. Dongfeng Motor Corporation

    31.12. Beiqi Foton Motor Co. Ltd.

    31.13. Plug Power Inc.

    31.14. Dayun Group

    31.15. Ballard Power Systems Inc.

    32. Global Hydrogen Powered Transport Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Hydrogen Powered Transport Market

    34. Recent Developments In The Hydrogen Powered Transport Market

    35. Hydrogen Powered Transport Market High Potential Countries, Segments and Strategies

    35.1 Hydrogen Powered Transport Market In 2029 - Countries Offering Most New Opportunities

    35.2 Hydrogen Powered Transport Market In 2029 - Segments Offering Most New Opportunities

    35.3 Hydrogen Powered Transport Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Hydrogen Powered Transport Market, Sub-Segmentation Of Proton Exchange Membrane Fuel Cells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Hydrogen Powered Transport Market, Sub-Segmentation Of Phosphoric Acid Fuel Cells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Hydrogen Powered Transport Market, Sub-Segmentation Of Other Fuel Cell Technologies, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Hydrogen Powered Transport Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Hydrogen Powered Transport Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Volkswagen Group Financial Performance
  • Table 78: Toyota Motor Corporation Financial Performance
  • Table 79: Bayerische Motoren Werke AG (BMW) Financial Performance
  • Table 80: Mercedes-Benz Group AG Financial Performance
  • Table 81: General Motors Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Hydrogen Powered Transport Market, Sub-Segmentation Of Proton Exchange Membrane Fuel Cells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Hydrogen Powered Transport Market, Sub-Segmentation Of Phosphoric Acid Fuel Cells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Hydrogen Powered Transport Market, Sub-Segmentation Of Other Fuel Cell Technologies, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Hydrogen Powered Transport Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Hydrogen Powered Transport Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Hydrogen Powered Transport Market, Segmentation By Fuel Cell Technology Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Hydrogen Powered Transport Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Hydrogen Powered Transport Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Volkswagen Group Financial Performance
  • Figure 78: Toyota Motor Corporation Financial Performance
  • Figure 79: Bayerische Motoren Werke AG (BMW) Financial Performance
  • Figure 80: Mercedes-Benz Group AG Financial Performance
  • Figure 81: General Motors Company Financial Performance
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Frequently Asked Questions

What is the definition of the Hydrogen Powered Transport market?

Hydrogen powered transport is a vehicle that uses hydrogen as its internal fuel. The powertrains of hydrogen vehicles use either internal combustion engines to burn hydrogen or fuel cells, which use hydrogen and oxygen to react to produce mechanical energy and power electric motors. For further insights on the Hydrogen Powered Transport market, request a sample here

How will the Hydrogen Powered Transport market drivers and restraints affect the market dynamics? What forces will shape the Hydrogen Powered Transport industry going forward?

The Hydrogen Powered Transport market major growth driver - Government-Led Initiatives And Collaborations Is Driving The Surge In Hydrogen Powered Transport Market. For further insights on the Hydrogen Powered Transport market, request a sample here

What is the forecast market size or the forecast market value of the Hydrogen Powered Transport market?

The Hydrogen Powered Transport market size has grown strongly in recent years. The hydrogen powered transport market size has grown exponentially in recent years. It will grow from $13.03 billion in 2024 to $20.67 billion in 2025 at a compound annual growth rate (CAGR) of 58.6%. The growth in the historic period can be attributed to environmental concerns, government subsidies and incentives, energy security, global regulations, public awareness and acceptance. The hydrogen powered transport market size is expected to see exponential growth in the next few years. It will grow to $133.14 billion in 2029 at a compound annual growth rate (CAGR) of 59.3%. The growth in the forecast period can be attributed to advancements in infrastructure, international collaboration, economic viability, stringent emission standards, corporate sustainability initiatives. Major trends in the forecast period include focus on green hydrogen production and supply chain, government incentives and policy support for hydrogen mobility, collaborations and partnerships in the hydrogen ecosystem, advancements in hydrogen storage and distribution technologies, hydrogen-powered two-wheelers and micro-mobility solutions. For further insights on the Hydrogen Powered Transport market, request a sample here

How is the Hydrogen Powered Transport market segmented?

The hydrogen powered transport market covered in this report is segmented –
1) By Fuel Cell Technology Type: Proton Exchange Membrane Fuel Cells, Phosphoric Acid Fuel Cells, Other Fuel Cell Technologies
2) By Vehicle Type: Cars, Buses, Trucks, Other Vehicles
3) By End Use: Passenger Vehicle, Commercial Vehicle Subsegments:
1) By Proton Exchange Membrane Fuel Cells: Automotive Applications, Bus and Commercial Vehicle Applications, Portable Power Applications
2) By Phosphoric Acid Fuel Cells: Stationary Power Generation, Backup Power Systems
3) By Other Fuel Cell Technologies: Solid Oxide Fuel Cells (SOFCs), Alkaline Fuel Cells (AFCs), Molten Carbonate Fuel Cells (MCFCs) For further insights on the Hydrogen Powered Transport market,
request a sample here

Which region has the largest share of the Hydrogen Powered Transport market? What are the other regions covered in the report?

North America was the largest region in the hydrogen powered transport market in 2024. The regions covered in the hydrogen powered transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Hydrogen Powered Transport market, request a sample here.

Who are the major players in the Hydrogen Powered Transport market?

Major companies operating in the hydrogen powered transport market include Volkswagen Group, Toyota Motor Corporation, Bayerische Motoren Werke AG (BMW), Mercedes-Benz Group AG, General Motors Company, Honda Motor Co. Ltd., Hyundai Motor Group, SAIC Motor Corporation Limited, FAW Group Corporation, Kia Corporation, Volvo Group AB, Groupe Renault, Tata Motors Limited, Mazda Motor Corporation, Great Wall Motor Company Limited, Dongfeng Motor Corporation, Beiqi Foton Motor Co. Ltd., Plug Power Inc., Dayun Group, Ballard Power Systems Inc., ZeroAvia Inc., Nikola Corporation, ULEMCo Limited, Hyperion Motors, Hyzon Motors Inc., Tevva Motors Ltd., FeiChi Automobile Co. Ltd., HV Systems, Air Products and Chemicals Inc., BP p.l.c., Bloom Energy Corporation, Linde plc, Reliance Industries Limited, Cummins Inc., First Hydrogen Inc., Adani Green Energy Ltd., FuelCell Energy Inc. . For further insights on the Hydrogen Powered Transport market, request a sample here.

What are the key trends in the Hydrogen Powered Transport market?

Major trends in the Hydrogen Powered Transport market include Revolutionizing Hydrogen-Powered Transport By Innovating High-Performance Fuel Cell Electric Vehicle Platforms. For further insights on the Hydrogen Powered Transport market, request a sample here.

What are the major opportunities in the Hydrogen Powered Transport market? What are the strategies for the Hydrogen Powered Transport market?

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How does the Hydrogen Powered Transport market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the Hydrogen Powered Transport industry?

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What are the key dynamics influencing the Hydrogen Powered Transport market growth? SWOT analysis of the Hydrogen Powered Transport market.

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