Companies Dominating the Hydrogen Vehicle Landscape
- Ballard Power System Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Toyota Motor Corporation
- Mercedes-Benz Group AG
- Hyundai Motor Company
- Hydrogenics, Bayerische Motoren Werke AG
- Cummins Inc.
- General Motors Company
- Power System PLC
- Horizon Fuel Cell Technologies
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Hydrogen Vehicle Market in 2025 is estimated at USD 2.77 billion.
The global market size exceeded USD 2.05 billion in 2024 and is set to expand at a CAGR of over 43.7%, surpassing USD 228.4 billion revenue by 2037.
North America is on pace to reach largest share by 2037, fueled by rising initiatives taken by policymakers to reduce CO2 emissions by 50% by 2030, and the growth in clean vehicle infrastructure.
The major players in the market include Ballard Power System Inc., Toyota Motor Corporation, Mercedes-Benz Group AG, Hyundai Motor Company, Hydrogenics, Bayerische Motoren Werke AG, Cummins Inc., General Motors Company, Power System PLC, Horizon Fuel Cell Technologies.
