Press release
Hydrogen Internal Combustion Engine Market Reaches $59.6 Bn in 2031 | Japan News
The Global Hydrogen Internal Combustion Engine Market reached US$ 27.6 billion in 2022 and is expected to reach US$ 59.6 billion by 2031, growing with a CAGR of 10.1% during the forecast period 2024-2031.Latest News - Japan (June 2025):
✦ Toyota and Isuzu Accelerate Hydrogen Engine Truck Testing in Japan
In June 2025, Toyota, Isuzu, and Hino Motors began real-world trials of hydrogen-powered internal combustion engine trucks on public roads in Japan. This move supports Japan's push toward decarbonizing the commercial vehicle sector and complements the government's Green Growth Strategy. The vehicles use hydrogen fuel in conventional engines with zero CO2 tailpipe emissions, marking a practical step forward in sustainable logistics.
Tata Motors' hydrogen truck pilot launching in the March quarter:
✦ India's first hydrogen-fuel combustion truck pilot goes live
✦ In collaboration with IOCL and under the National Green Hydrogen Mission, Tata Motors is set to deploy an 18-month pilot of hydrogen internal-combustion engine (H2‐ICE) trucks this March quarter. The trial, spanning the Mumbai-Pune, Mumbai-Ahmedabad, and Jamshedpur-Kalinganagar routes, will generate critical real-world insights into both vehicle performance and the supporting hydrogen refueling infrastructure
Scaling sustainable heavy‐duty logistics
✦ Following successful hydrogen fuel-cell bus operations, Tata unveiled the advanced Prima H.28 H2‐ICE truck at the Bharat Mobility Global Expo. This pilot-featuring about 15-16 trucks-marks a bold stride toward zero-emission long-haul freight and paves the way for a commercial launch anticipated within 12-24 months
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Hydrogen Internal Combustion Market Overview
The Hydrogen Internal Combustion Engine (H2-ICE) refers to the industry focused on engines that burn hydrogen gas as fuel instead of conventional hydrocarbons like petrol or diesel. These engines operate similarly to traditional internal combustion engines but emit only water vapor, offering a low-emission alternative for transportation, especially in heavy-duty and long-range applications such as trucks, buses, and industrial machinery.
Research Methodology:
The global Hydrogen Internal Combustion Market research report is based on a combination of primary and secondary data sources. The study carefully analyzes various factors influencing the industry, including government regulations, market dynamics, competitive landscape, historical trends, current conditions, and technological progress. It also evaluates future developments, related industry trends, market volatility, growth prospects, potential obstacles, and emerging challenges.
Segment Covered in the Hydrogen Internal Combustion Market:
By Vehicle: Passenger Cars, Commercial Vehicles
By Hydrogen Source: Green Hydrogen, Grey Hydrogen, Blue Hydrogen, Other Sources
By Technology: Internal Combustion Engine (ICE), Dual-Fuel Engines
By Application: Transportation, Power Generation
By End-User: Transportation, Industrial, Others
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List of the Key Players in the Hydrogen Internal Combustion Market:
Toyota Industries Corporation, BMW Group, Hyundai Motor Company, Mazda Motor Corporation, JCB, ABB, Opel/Vauxhall (Stellantis Group), Ballard Power Systems, Jaguar Land Rover Automotive plc and Hyster-Yale Group.
Industry Development:
In October 2023, Austrian mobility tech firm AVL announced successful trials of its 2.0-liter turbocharged hydrogen race engine, which delivers over 200 horsepower per liter. The engine integrates a water-injection system alongside a turbocharger, enabling cleaner combustion and enhanced performance results that appear promising.
During the same month at the 2023 Japan Mobility Show (starting October 25 with a press preview), companies showcased more than just vehicles, highlighting diverse mobility innovations. Notably, Yamaha revealed a hydrogen-powered combustion engine buggy, emphasizing its commitment to sustainable transport.
Earlier in February 2023, UK-based construction equipment giant JCB underscored its faith in hydrogen as the future of fuel. The company announced plans to introduce its hydrogen-powered engines to the Indian market, aiming to power next-gen construction machinery with cleaner energy alternatives.
Regional Analysis for Hydrogen Internal Combustion Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Hydrogen Internal Combustion market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Hydrogen Internal Combustion industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Hydrogen Internal Combustion market?
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