North America Hydrogen Trucks Market Size - By Vehicle, By Application, By Range, By End Use, Analysis, Share, Growth Forecast, 2025 - 2034

North America Hydrogen Trucks Market Size

The North America hydrogen trucks market size was valued at USD 139.7 million in 2024 and is estimated to register a CAGR of 44.6% between 2025 and 2034. North America is highly focused on reducing its dependency on fossil fuels, leading to increasing demand for fuel-cell trucks. Government authorities are adopting a low-carbon path to meet the set objectives for reducing pollution levels.
 

Hydrogen trucks have the potential for long-term reduction of air pollution, greenhouse gases, and fossil fuel consumption. Stringent fuel economy standards developed by the National Highway Traffic Safety Administration (NHTSA) are promoting zero-emission automobiles, thereby augmenting the industry size. Regulatory bodies and global organizations are introducing new standards and norms for limiting the emission levels critical levels.
 

According to the U.S. Energy Information Administration, approximately 90% of the energy used in transportation in the United States originates from petroleum. With 29% of all GHG emissions in the US coming from the transportation sector, it is also the largest GHG emitter in the country.
 

Many state governments are striving to diversify the fuel mix used in the transportation sector and reduce emissions by promoting the use of alternative fuels such as electricity, natural gas, hydrogen, and biofuels. To achieve this, 47 states and the District of Columbia is offering an incentive to support the deployment of alternative fuel vehicle, and infrastructure through state legislation or private utility incentives within the state. This is to drive the hydrogen truck market in the forecast period.
 

The North America fuel cell electric truck market is to witness significant growth due to the presence of supportive fueling and charging infrastructure. Government organizations are taking initiatives to boost FCEV adoption by investing in the construction of new fueling stations and providing rebates on purchases of electric vehicles.
 

The ongoing technological advancements in fuel cell technology along with the rising government initiatives to boost the adoption of FCEVs will augment hydrogen truck market growth in the coming years.
 

North America Hydrogen Trucks Market Trends

• The increasing government initiatives & stringent policies in North America to reduce the dependency on petrol and improve air quality by focusing on energy supply & demand as well as alternative fuels, renewable energy, and energy-effectiveness are driving hydrogen trucks market growth in the region.
   
• The U.S. Department of Energy is promoting R&D efforts to manufacture affordable, environment-friendly & safe hydrogen-powered vehicles as FCEVs are more efficient than conventional internal combustion engine vehicles, and they do not produce tailpipe emissions. Fuel cells are considered an alternative fuel under the Energy Policy Act 1992; therefore, the U.S. Department of Energy is encouraging the use of alternative fuels through regulatory and voluntary activities.
   
• The increasing government funds to construct Hydrogen Refueling Stations (HRS) in the U.S. are driving fuel cell electric vehicle market growth. According to the IEA, the U.S. had the second largest FCEV stock of over 12k vehicles and 65 HRS. For instance, in 2021, the government announced a target of 50,000 EV chargers and HRS. In March 2022, Canada Infrastructure Bank, under the Emission Reduction Plan (ERP), invested USD 384 million in the Zero Emission Vehicle (ZEV) charging station and refueling infrastructure.
   
• The increasing zero-emission target and attaining a sustainable future in the car market are driving the hydrogen truck market growth. For instance, Canada’s ERP aims to achieve a 100% zero-emission Light-duty Vehicle (LDV) sales target by 2040. The plan also includes a target of 20% sales of ZEV by 2026 and 60% by 2030.
   
• The increasing government investments in the infrastructure of Canada to support ZEV deployment and purchase subsidies will drive market growth in the next five years. For instance, in April 2022, the government increased its maximum vehicle price from USD 42k to 46-53K for large ZEVs to be eligible for subsidy. Large ZEVs include SUVs, minivans, and trucks. In March 2022, the government invested USD 1.3 billion in ZEVs.
   
• In the U.S., in 2021, the Infrastructure and Investment Jobs Act allocated USD 5 billion under the National EV Infrastructure Formula Program to construct alternative fuel corridors, especially adjacent to the interstate highway system.
   

North America Hydrogen Trucks Market Analysis

Based on vehicle, In 2024, the heavy-duty segment accounted for USD 139.7 million and is expected to grow significantly over the forecast time frame.
 

• In the transportation sector, Heavy-duty trucks are the second-greatest source of Greenhouse Gas (GHG) emissions and the largest source of air pollutant emissions worldwide. HDT conversion to hydrogen fuel cells would significantly reduce GHG emissions. The adoption of hydrogen technology in the HDT market will facilitate its extensive deployment. Hydrogen fuel cells are suitable for the truck industry as their refueling time and driving range are comparable to gasoline-powered trucks. This lowers the barrier to building a fueling infrastructure.
   
• The increased global cargo transportation is driving heavy-duty truck segment expansion. The development of e-commerce portals & shopping activities and the growing demand for long-distance cargo & goods transportation will drive industry growth over the forecast period. The market players are focusing on the production of heavy-duty trucks equipped with fuel cell technology to meet the growing demands.
   
• HDT electrification is becoming increasingly important as an emerging technology to obtain freight carbon neutrality due to its potential for avoiding local air pollution through the deployment of zero-emission urban zones and reducing or even eliminating tailpipe CO2 emissions across long-haul applications, employing highly electrified plug-in solutions.
   

Based on the application, the logistics & distribution segment held 80% share of the North America hydrogen trucks market in 2024.
 

• The increased expenses associated with fueling trucks are driving the demand for hydrogen trucks in the logistics & distribution segment. The need to transport goods over long distances and the larger weight will encourage the use of fuel cell technologies in such vehicles.
   
• The industry participants are constantly spending on R&D to create advanced fuel cell trucks. For instance, in July 2021, Hyundai Motor collaborated with both public & private partners to deploy Class 8 FCEVs to distribute regional freight in California. Hyundai will use insights from such government initiatives to build its zero-emission commercial fleet business in the U.S. and forge regional alliances across the whole value chain.
   
• The major firms are turning their attention toward strategic alliances and cooperation to use fuel cell technology to meet the industry's rising demand for class 8/long-haul vehicles. In California, the transportation industry is responsible for 40% of the GHG emissions. 21% of the GHG emissions and 26% of the state's nitrogen oxide (NOx) emissions are due to heavy-duty transportation. The Advanced Clean Trucks (ACT) rule is implemented by the state to promote the adoption of zero-emission Class 8 truck tractors as a percentage of sales in California by 2030.
   
• To address the market demands, OEMs are investing in the development of hydrogen trucks. Hydrogen trucks have shown promising results in pre-commercial testing in real-world port and freight applications. Multiple OEMs have confirmed that FCETs are a one-to-one zero-emission replacement for Class 8 diesel trucks in terms of vehicle performance and operation.
   

Based on range, the market North America hydrogen trucks market categorized into below 250 miles, 250–500 miles, and above 500 miles. The below 250 miles segment is expected to rise significantly over the forecast time frame.
 

• The rising demand for vehicles, such as light duty and heavy-duty trucks, across the North America is boosting the expansion of the below 250 miles hydrogen truck market. The growing consumer preference for zero-emission trucks and their rising expenditure power are driving the growth of the below 250 miles vehicle segments including fuel cell-powered e-bikes.
   
• Over the forecast period, the below 250 miles category is anticipated to witness significant growth. Due to the growing demand for low-emission vehicles for daily commuting, the below 250 miles category will experience substantial growth over the long-range category. To cover shorter distances when traveling or commuting, consumers are favoring FCEVs. Many businesses are using FCEVs to transport goods inside ports and airports. They employ many transport vehicles to travel short distances to reduce their carbon footprint.
   

Based on end use, the retail & e-commerce segment dominated 60% share of the North America hydrogen trucks market in 2024.
 

• E-commerce growth created a strong necessity for sustainable delivery systems throughout the final delivery segment. Retailing giants Amazon and Walmart are searching for hydrogen fuel cell trucks to cut down on their environmental impact while keeping their logistics systems productive. Hydrogen trucks function better for time-critical deliveries thanks to their longer operational distance along with quick refueling times when compared with battery-electric vehicles. The combination of governmental programs and corporate sustainability directives creates strong market acceptance of hydrogen trucks inside retail-based supply chains.
   
• The establishment of hydrogen refueling stations creates more opportunities for retail and e-commerce logistics operators to integrate hydrogen trucks into their operations. Companies Nikola together with Air Liquide and Shell increase investments to build hydrogen refueling corridors which target major freight-route locations. The newly expanded hydrogen fuel infrastructure enables truck operators to execute regional and extensive deliveries using hydrogen vehicles. The constant access to hydrogen fuel benefits retailers making many deliveries because it enables more effective supply-chain logistics and lowers operational interruptions versus traditional trucks with diesel engines or battery power.
   

In 2024, the U.S. hydrogen truck market dominated with over 90% of the revenue share, generating USD 131.3 million.
 

U.S. government supports hydrogen fuel cell adoption through financial benefits including grants and subsidies and tax incentives. Through Inflation Reduction Act (IRA) and the Department of Energy’s Hydrogen Shot initiative the government gives subsidies and incentives to support hydrogen production along with building infrastructure and deploying vehicles. Industrial fleet operators can speed up market uptake of zero-emission transportation systems and industry-wide transition by accepting these incentives that decrease the initial purchase cost for hydrogen trucks.
 

• The U.S. experiences fast growth of hydrogen refueling stations which are concentrated in strategic freight areas including California, Texas and the Northeast. Companies such as Nikola together with Shell and Air Liquide dedicate significant funds toward establishing hydrogen fueling stations which enables long-distance trucking operations.
   
• The expansion of hydrogen refueling stations creates a network which provides stable fuel supply for hydrogen trucks while reducing driving concerns and thus establishes hydrogen-powered freight transportation as a viable diesel replacement.
   
• Major U.S. corporations such as Amazon and Wal-Mart together with FedEx have declared their dedication to minimize carbon emissions through adoption of sustainable transportation systems. Hydrogen fuel cell trucks work as an effective diesel substitute because they combine extended driving distances with rapid refueling. Businesses that want to reach the target of net-zero emissions increase their investments in fleets powered by hydrogen. Corporate support for hydrogen trucks extends the demand in logistics and freight sectors because it meets environmental requirements at both federal and state levels.
   
• Hydrogen fuel cell technology receives constant innovation which results in better truck efficiency alongside improved durability while reducing costs. Hyzon Motors and Ballard Power Systems which operate in the United States continue advancing their next-generation fuel cells through development of technologies that boost energy efficiency combined with increased operational durations.
   
• New innovations across the hydrogen truck sector cut down overall ownership expenses which enhances the competitiveness of hydrogen trucks against diesel counterparts. The U.S. trucking industry shows increased adoption of hydrogen fuel cells as their performance grows combined with decreasing hydrogen production expenses.
   

North America Hydrogen Trucks Market Share

• Top 7 companies of the North America hydrogen trucks industry are Daimler, Honda, Hyundai, Hyzon, Navistar, Nikola, PACCAR holding market share of around 95% in 2024.
   
• Nikola continues to grow in North American hydrogen truck markets through increased hydrogen fuel cell truck production and development of hydrogen refueling stations. The company works with refueling station providers to speed up hydrogen adoption through multiple fleet orders. Nikola dedicates investments toward both autonomous and connected truck technologies which build operational efficiency and minimize expenses. The company strengthens its market endurance through energy industry companionships which build its hydrogen ecosystem.
   
• Hyzon strengthens its operations by creating hydrogen fuel cell trucks that provide high performance for long-haul and heavy-duty operations. The company leads active research on fuel cell advancement to build stronger systems which increase driving distance along with performance steadiness. To expedite market acceptance Hyzon develops partnerships primarily with fleet operators together with logistics companies. The company invests in both hydrogen production and refueling network infrastructure development to establish a strong supply chain which provides a foundation for sustainable business expansion and market competitiveness in North America.
   
• The global hydrogen fuel cell capabilities of Hyundai enable the company to expand effectively in the North American market. XCIENT Fuel Cell trucks now enter the market as Hyundai teams up with public and commercial entities for hydrogen fleet development. The company continues its hydrogen-related ecosystem expansion through investments that build refueling stations and sustainable hydrogen production facilities. The ongoing advancements in fuel cell performance together with cost optimization initiatives and partnership projects of major fleet operators establish Hyundai as a leading force in hydrogen truck industries.
   
• Nikola Corporation works to build its North America hydrogen truck business through product development alongside partnership initiatives. The financial report for 2023 showed that Nikola Corporation generated USD 48.6 million in revenue while actively investing in hydrogen fuel cell electric trucks (FCEVs). The Nikola Tre FCEV represents one of their products which targets long-haul freight operations. The competitive market requires Nikola to build additional hydrogen fueling stations while it works with truck fleet operators and takes advantage of government funding programs. The company recently declared its hydrogen truck implementation plan in California which builds its network of refueling stations through its partnership with TC Energy and Voltera.
   
• Hyzon Motors continues to grow in the industry by generating USD 10.3 million in revenue in 2023 due to the increasing demand for its hydrogen-powered trucks. As a specialized heavy-duty fuel cell truck manufacturer Hyzon Motors provides solutions to logistics operators and waste management and municipal service organizations. The company intends to grow its U.S. production capability by offering strategic supply deals to fleet operators and advances its fuel cell technology to boost vehicle efficiency. Hyzon has agreed to work with major logistics companies for deploying long-haul hydrogen trucks as part of its dedication to providing clean mobility systems.
   

North America Hydrogen Trucks Market Companies

Major players operating in the North America hydrogen trucks industry include:

• Daimler
• Honda
• Hyundai
• Hyzon
• Navistar
• Nikola
• PACCAR
• SCANIA
• Symbio
• Volvo
   

North America Hydrogen Trucks Industry News

• In May 2024, Hyundai together with Plus introduced their first Level 4 autonomous Class 8 hydrogen fuel cell electric truck at the Advanced Clean Transportation (ACT) Expo in the United States. The U.S. now observes the inaugural Level 4 autonomous XCIENT Fuel Cell truck self-driving assessments on its territory as the first Class 8 fuel cell electric truck to execute Level 4 autonomous operations in the nation. The project display that self hydrogen trucks enhance operational efficiency  and safety standards and  sustainability in US trucking fleets through the established project plan.
   
• In February 2023, The association of Honda Motor Co. with General Motors Co. established new hydrogen fuel cell technology while working to build its hydrogen business sector through increased sales operations. Over the upcoming five years Honda aims to expand the FCEV market by raising its hydrogen fuel system unit sales from 2,000 in 2025 to 60,000 by 2030.
   
• In January 2023, Nikola formed a contract with E.ON for manufacturing hydrogen-powered electric vehicle products. Through their joint expertise Nikola and E.ON established a solution which blends transport operations with energy supply into an integrated mobility system. The proposed solution will replace thousands of millions of diesel fuel consumption with hydrogen throughout the years from 2027 to 2020.
   
• In January 2023, Plug Power coordinated an agreement with Johnson Matthey to improve their hydrogen technology. Large companies worldwide continue to devote additional financial resources to establishing green hydrogen manufacturing plants for delivering pollution-free power to electricity generation. Several crucial components for fuel cell system operation and electrolyzes to produce green hydrogen will be provided to Plug Power by Johnson Matthey. The U.S. environmental regulations together with European energy shortage situations support this renewable energy collaboration between Plug Power and Johnson Matthey.
   

The North America hydrogen trucks market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipment (Units) from 2021 to 2034, for the following segments:

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Market, By Vehicle

• Light-duty
• Medium-duty
• Heavy-duty

Market, By Application

• Logistics & distribution
• Municipal services
• Construction & mining
• Agriculture
• Long-haul freight

Market, By Range

• Below 250 miles
• 250–500 miles
• Above 500 miles

Market, By End Use

• Fleet operators
• Retail & e-commerce
• Municipalities & government agencies
• Construction & mining

The above information is provided for the following countries:

• U.S.
• Canada