Hydrogen Vehicles: Key Trends, Segment Analysis and Market Forecasts 2022-2027

The new Hydrogen Vehicles research report provides a highly detailed analysis of this early-stage market. This assessment features an examination of the different segments that are critical to the success of hydrogen in new use cases, including:

• Consumer Hydrogen Vehicles
• Commercial Hydrogen Vehicles
• Hydrogen in Aviation
• Hydrogen Production
• Hydrogen Fuelling Infrastructure

The report also presents extensive market forecasts; delivering detailed insights and whole market sizing across hydrogen vehicles in use, shipments of these vehicles and hardware revenue associated with this, out to 2027 for 8 key regions and 60 countries, as well as split by consumer vehicles and commercial vehicles. The report also contains case studies of 6 key automotive manufacturers and their approach to this rapidly evolving market; providing an invaluable resource for stakeholders seeking to understand the future trajectory of this dynamic area.

This research suite comprises:

• Strategy & Forecasts (PDF)
• 5-year Market Sizing & Forecast Spreadsheet (Excel)
• 12 Months’ Access to harvest Online Data Platform

Key Market Statistics

Market size in 2022:

• $1.0bn

Market size in 2027:

• $19.0bn

2022 to 2027 CAGR:

• 79.41%

Key Features

Market Dynamics: Detailed assessment of how hydrogen vehicles are coming to the fore, including a comparison with battery electric vehicles, an analysis of the technologies involved and an assessment of current areas of success for hydrogen vehicles.

Segment Analysis: Future outlook for the development of 5 different markets critical to hydrogen development, including:

• Consumer Hydrogen Vehicles
• Commercial Hydrogen Vehicles
• Hydrogen in Aviation
• Hydrogen Production
• Hydrogen Fuelling Infrastructure

Key Vendor Case Studies: Case studies on important vendors in the hydrogen vehicles space and their differing approaches to the market, including:

• Audi
• BMW
• Daimler
• Honda
• Hyundai
• Toyota

Benchmark Industry Forecasts: 5-year forecasts provided for the total number of hydrogen vehicles in service, vehicle shipments and accompanying hardware revenue, split by consumer and commercial vehicles. Data is also split by our 8 key regions and the 60 countries listed below:

• Algeria
• Argentina
• Australia
• Austria
• Bangladesh
• Belgium
• Brazil
• Canada
• Chile
• China
• Colombia
• Croatia
• Czech Republic
• Denmark
• Ecuador
• Egypt
• Finland
• France
• Germany
• Greece
• Hong Kong
• Hungary
• India
• Indonesia
• Ireland
• Israel
• Italy
• Japan
• Kenya
• Kuwait
• Malaysia
• Mexico
• Nepal
• Netherlands
• New Zealand
• Nigeria
• Norway
• Pakistan
• Peru
• Philippines
• Poland
• Portugal
• Qatar
• Romania
• Russia
• Saudi Arabia
• Singapore
• South Africa
• South Korea
• Spain
• Sweden
• Switzerland
• Thailand
• Turkey
• UK
• Ukraine
• United Arab Emirates
• Uruguay
• US
• Vietnam

Key Questions Answered

• Who are the most successful players in the hydrogen vehicles space, and why?
• What are the largest geographical markets for growth within hydrogen vehicles?
• What are the biggest challenges to future growth?
• What is the value of the hydrogen vehicles market today, and what will it be in 2027?
• What factors will drive hydrogen vehicles growth?

The Hydrogen Vehicles forecast suite includes:

Hydrogen vehicle forecasts, including the number in service, shipments and hardware revenue, split by consumer and commercial vehicle types.

Geographical splits: 60 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.