PUBLISHER: The Business Research Company | PRODUCT CODE: 1669715
PUBLISHER: The Business Research Company | PRODUCT CODE: 1669715
A hydrogen combustion engine is an internal combustion engine that utilizes hydrogen as fuel, generating power while producing only water vapor as a byproduct. These engines are used in both transportation and industrial applications, providing a cleaner alternative to fossil fuels. Their main advantages include decreased greenhouse gas emissions and reduced air pollution when compared to conventional gasoline and diesel engines.
The main technologies associated with hydrogen combustion engines include proton exchange membrane, phosphoric acid fuel cell, and others. A proton exchange membrane is a thin, porous substance serving as the electrolyte in a fuel cell, facilitating the passage of protons (hydrogen ions) during the electrochemical processes occurring within the fuel cell. Hydrogen combustion engines can be installed as original equipment manufacturer (OEM) solutions or as retrofits, suitable for application in passenger vehicles, commercial vehicles, ships, and other contexts.
The hydrogen combustion engine market research report is one of a series of new reports from The Business Research Company that provides hydrogen combustion engine market statistics, including the hydrogen combustion engine industry's global market size, regional shares, competitors with a hydrogen combustion engine market share, detailed hydrogen combustion engine market segments, market trends, and opportunities, and any further data you may need to thrive in the hydrogen combustion engine industry. This hydrogen combustion engine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hydrogen combustion engine market size has grown rapidly in recent years. It will grow from $42.74 billion in 2024 to $47.68 billion in 2025 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to environmental regulations, renewable hydrogen production, decarbonization initiatives, hydrogen infrastructure development, government incentives and subsidies
The hydrogen combustion engine market size is expected to see rapid growth in the next few years. It will grow to $72.99 billion in 2029 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to global push for green transportation, economic viability and cost reduction, global focus on hydrogen as an energy carrier, rising geopolitical concerns, consumer demand for zero-emission vehicles. Major trends in the forecast period include research and development initiatives, integration with hybrid systems, hydrogen safety standards, collaborations and partnerships.
The rising adoption of fuel-cell cars is anticipated to drive the growth of the hydrogen combustion engine market in the future. A fuel cell car is an electric vehicle that produces electricity for propulsion using a fuel cell, with hydrogen serving as the fuel for fuel-cell electric vehicles. These vehicles are more efficient than traditional internal combustion engines and do not emit harmful exhaust. The growing popularity of fuel-cell cars is contributing to the expansion of the hydrogen combustion engine market. For example, the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, reported that the number of hydrogen fuel-cell vehicles (FCEVs) on the roads surged by 40% in 2022, surpassing 72,000 vehicles globally. Therefore, the increasing utilization of fuel-cell cars is a key driver of growth in the hydrogen combustion engine market.
A significant catalyst for the hydrogen combustion engine market is the escalating demand for clean energy. Clean energy, sourced from renewable and low-impact resources, is crucial for minimizing environmental impact. Hydrogen combustion engines emerge as a viable solution in various applications, such as automobiles, airplanes, and marine ships, contributing to pollution reduction. The International Renewable Energy Agency (IRENA) reported a 10% expansion in global renewable energy capacity in 2022, reflecting a 0.4% increase compared to the previous year. This growing appetite for clean energy is a driving force behind the hydrogen combustion engine market.
Technological advancements are shaping the hydrogen combustion engine market, with companies embracing recent innovations to stay competitive. BMW, a prominent luxury vehicle company based in Germany, exemplifies this trend by introducing its first hydrogen-operated BMW iX5 Hydrogen models in February 2023. The innovative fuel cell system incorporates specialized hydrogen components designed to enhance functionality, drawing parallels to traditional combustion engines.
Strategic partnerships are playing a pivotal role in the development of hydrogen-powered engines, emphasizing collaboration for mutual benefits. Yamaha Motor Co., Ltd., a Japanese motorcycle company, forged a partnership with Toyota Motor Corporation in February 2022. This collaboration aims to manufacture a 5.0-liter V8 hydrogen-powered engine based on the engine used in the Lexus RC F premium performance coupe. The engine modifications include changes to injectors, cylinder heads, intake manifold, and other components, resulting in impressive performance with 450 horsepower at 6,800 rpm and 540 Nm of torque at 3,600 rpm.
In July 2022, EasyJet PLC, a UK-based airline company, entered into a partnership with Rolls-Royce, a UK-based car manufacturing company. This strategic collaboration focuses on advancing hydrogen combustion engine technology for aircraft, particularly narrow-body airliners. Rolls-Royce's expertise in creating hydrogen combustion engines positions it as a key player in driving innovation for various aircraft applications.
Major companies operating in the hydrogen combustion engine market include Toyota Motor Corporation, Stellantis N.V., Ford Motor Company, General Motor Company, Honda Motor Co. Ltd., Robert Bosch GmbH, Caterpillar Incorporated, Renault SA, Bayerische Motoren Werke AG, Magna International Inc., Mitsubishi Heavy Industries, Cummins Inc., Komatsu Ltd., Rolls-Royce Holdings plc, Mahindra And Mahindra Ltd., AGCO Corporation, Air Products and Chemicals Inc., MAN Energy Solutions, Plug Power Inc., Bloom Energy Corporation, Ballard Power Systems Inc., PowerCell Sweden AB, H2 PowerTech LLC, HyTech Power LLC, Origin Engines Inc.
North America was the largest region in the hydrogen combustion engine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydrogen combustion engine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the hydrogen combustion engine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hydrogen combustion engine market consists of sales of combustion chambers, cylinder heads, installation parts, intake systems, fuel injection systems, ignition systems, crankshafts, pistons or rotors, and control and monitoring systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Hydrogen Combustion Engine Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on hydrogen combustion engine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for hydrogen combustion engine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hydrogen combustion engine market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.