Hydrogen Internal Combustion Engine Market reached US$ 27.6 billion in 2022 and is expected to reach US$ 59.6 billion by 2031 | Major Companies are Toyota Industries Corporation, BMW Group, Hyundai Motor Company

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.

According to DataM Intelligence has published a new research report on "Hydrogen Internal Combustion Engine Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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➣ Recent Developments:

United States: Hydrogen ICE - Recent Developments

✅ In January 2025, Cummins launched a dedicated turbocharger engineered specifically for hydrogen internal combustion engines, targeting heavy-duty on‐highway applications in Europe and North America to improve efficiency and performance.​

✅ Cummins is ramping up commercialization of its X15H hydrogen engine platform (15‐litre, 400-530 hp class), positioning H2-ICE as a drop‐in solution for existing truck platforms and high‐utilization duty cycles.​

✅ Market analysts estimate the global hydrogen internal combustion engine market at around USD 22 billion in 2025, with projections to more than double by 2034 as fleets adopt retrofit and new‐build H2-ICE solutions.​

Europe: Hydrogen ICE - Recent Developments

✅ MAN is introducing a limited series of hTGX hydrogen combustion trucks in 2025, with about 200 units aimed at construction, timber, and specialty logistics applications that demand long range and fast refuelling.​

✅ JCB and other European manufacturers have secured type approvals for hydrogen combustion engines, paving the way for small‐series production across off‐highway, construction, and agricultural segments.​

✅ Johnson Matthey is commissioning a hydrogen internal combustion engine testing facility in Gothenburg in late 2025 to optimize catalysts and aftertreatment systems, accelerating H2-ICE development for road and off‐road mobility

➣ Top Industry Players:

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

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➣ Key Segments:

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 Engine

By Application: Transportation, Power Generation

By End-User: Transportation, Industrial, Others

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