Growth Factors of hydrogen truck Market The global hydrogen truck market was valued at USD 1.09 billion in 2025 and is projected to grow from USD 1.36 billion in 2026 to USD 4.97 billion by 2034, registering a CAGR of 17.62% during the forecast period. Asia Pacific dominated the global market with a 60.52% market share in 2025, driven by strong government support, expanding hydrogen infrastructure, and rapid commercialization of hydrogen-powered commercial vehicles.