Hydrogen IC Engines Market to Reach USD 69.77 Million by 2030, Says Stratview Research

The Hydrogen IC Engines Market refers to the global industry centered on the development and commercialization of internal combustion engines that use hydrogen as fuel-offering a low-carbon alternative to traditional gasoline and diesel engines while leveraging much of the existing internal combustion engine architecture. According to Stratview Research, the market is projected to reach USD 69.77 million by 2030, expanding at a CAGR of 34% during the forecast period from 2025 to 2030. The single most important growth driver is the global push toward stringent emissions regulations, which is compelling Original Equipment Manufacturers (OEMs) and industrial players to adopt cleaner technologies such as hydrogen-powered engines that can deliver reduced carbon output without a full shift to fuel cell or electric powertrains.

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Market Statistics
• Market size (2024): USD 12.2 million
• Forecast value (2030): USD 69.77 million
• CAGR (2025-2030): 34%
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 5
• Tables & figures: 100+
• Country-Level Market Assessment: 20

Market Segmentation

By Blending Type
• Mix Blend
• Pure Hydrogen

By State
• Gas
• Liquid

By Application Type
• Transportation
• Power Generation

By Power Rating
• Low
• Medium
• High

By Region
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Rest of the World

Segment Analysis

In the blending type category, the mix blend segment is expected to retain the largest share during the forecast years owing to its role as a transition solution that allows OEMs and fleet operators to adopt hydrogen gradually without waiting for fully pure hydrogen infrastructure, making this approach a pragmatic choice for early adopters facing supply and infrastructure constraints.

Under state, the liquid segment is projected to grow rapidly due to its higher energy density and storage efficiency compared to gaseous hydrogen, making it suitable for heavy-duty transportation and industrial applications where longer ranges and compact storage are critical, indicating investment and infrastructure planning should account for liquid hydrogen handling capabilities.

For application type, the transportation segment is anticipated to dominate the market as sectors such as heavy-duty trucks, off-road equipment, and commercial vehicles seek sustainable fuel substitutes that preserve performance while meeting emissions compliance, revealing opportunities for engine OEMs and fleet suppliers to innovate within this high-growth application area.

In terms of power rating, the medium segment holds a leadership position, supported by demand for engines that balance output and efficiency in commercial and industrial transport systems where performance without excessive cost is paramount, making medium-rated hydrogen IC engines a focal point for product development and strategic partnerships.

Regional Insights

North America is expected to be both the dominant and fastest-growing region in the hydrogen IC engines market due to significant strategic investments, partnerships, and technology development initiatives in the United States and Canada that drive a robust supply chain and ecosystem for hydrogen IC engine technologies, positioning the region as a center for innovation and commercial deployment.

Market Drivers

• Increasing global emissions regulations and decarbonization mandates stimulating demand for cleaner internal combustion technologies.
• Compatibility of hydrogen IC engines with existing ICE platforms, reducing development costs and leveraging current manufacturing ecosystems.
• Growth in hydrogen infrastructure and availability, including storage and refueling investments.
• Rising interest in hydrogen as a strategic energy carrier for sectors where full electrification is challenging.
• Expansion of hydrogen engine R&D and collaborations across industry stakeholders boosting technology readiness.

Top Companies in the Market

• BeHydro
• Cummins Inc.
• DEUTZ AG
• GARRETT MOTION INC.
• Kawasaki Heavy Industries, Ltd.
• MAN Energy Solutions
• Mazda Motor Corporation
• MITSUBISHI HEAVY INDUSTRIES, LTD.
• Reliance Industries Ltd
• Rolls-Royce plc
• Toyota Motor Corporation
• Wärtsilä

FAQs

1. How large is the hydrogen IC engines market expected to be by 2030?
It is expected to reach USD 69.77 million by 2030.

2. What is the forecast growth rate for the hydrogen IC engines market?
The market is projected to grow at a CAGR of 34% through 2030.

3. Which application segment dominates the hydrogen IC engines market?
The transportation segment dominates due to growing demand for cleaner alternatives in heavy-duty and commercial transport.

4. Why is North America leading the hydrogen IC engines market?
North America's leadership stems from strong investments, partnerships, and technology focus in hydrogen IC technologies.

5. In the hydrogen IC engines market, which state type is gaining traction?
The liquid hydrogen segment is gaining traction owing to its higher energy density and storage efficiency.

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This release was published on openPR.