Hydrogen Fuel Cell Train Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell, and Others), Component (Hydrogen Fuel Cell Pack, Batteries, Electric Traction Motors, and Others), Rail Type (Passenger Rail, Commuter Rail, Light Rail, Trams, Freight, and Others) and Geography
The hydrogen fuel cell train market was valued at US$ 1,450.98 million in 2022 and is projected to reach US$ 3,458.62 million by 2030; it is expected to register a CAGR of 11.5% during 2022–2030.
The increasing awareness of the benefits and efficiency level of hydrogen-driven fuel cells is one of the major driving factors for the hydrogen fuel cell train market. Fuel cells operate on the basic mechanism of converting chemical energy to electricity, which is more efficient than internal combustion engines. Fuel cells make the trains or vehicles more efficient, with less vibrations in the bogies and less noise. The hydrogen-driven fuel cell trains only emit water and waste product but also helps in reducing air pollution. In addition, a hydrogen-driven train's speed limit can range up to 140 km/h and can cover up to 1,000 km without refueling, which is way higher than battery-driven electric trains. Hydrogen fuel cell technology also has an energy conversion competence of ~50–60%, which is quite advanced compared to diesel engines. In addition, the hydrogen trains contain a regenerative braking system, boosting energy efficiency. The increasing efficiency and advancement of hydrogen fuel cell technology in speed, noise, vibration, and energy efficiency are boosting the global hydrogen fuel cell train market growth.
Increasing Proliferation of Proton Exchange Membrane Fuel Cell Technology is Boosting Hydrogen Fuel Cell Train Market Growth
Fuel cells primarily work on the principle of electrochemical reaction by converting chemical energy into electrical power. One of the most promising technologies of fuel cells is the Proton Exchange Membrane (PEM). The PEM fuel cell technology is most suitable for automotive applications owing to its high-power density. The function of PEM fuel cells can be reversed for O2 and H2 generation by using a water electrolysis process. The reverse technology of PEM fuel cells is a promising option for storing excess renewable power. When renewable power generation is more than the required amount, surplus renewable energy can be used to generate H2, and later, it can be converted back to electricity using PEM (Proton Exchange Membrane) fuel cell technology. The key end use of PEM fuel cells emphasizes transportation mainly because of its possible influence on the environment, like reducing the emission of greenhouse gases. Other uses include portable and distributed or stationary power production. In addition, the hydrogen fuel cell is a budding electrification technology that can offer mobility and reduced noise features for military vehicles while delivering high torque with scalable energy capacities. The growing technological evolution and more ongoing research are anticipated to boost the hydrogen fuel cell train market.
Increasing focus on reducing environmental pollution and controlling carbon footprint in the transportation sector is a major driving factor for the Asia Pacific hydrogen fuel cell train market share. Growing pollution, urbanization, and industrialization are boosting the need for expanded transportation networks. The mounting awareness of the advantages of utilizing hydrogen as a prime element for powering vehicles and trains and its environmental viability boosts the Asia Pacific hydrogen fuel cell train market share. China, South Korea, Australia, Japan, and India are a few of the major contributors to the hydrogen fuel cell train market. Hydrogen fuel cell train market players such as CRRC Corporation Ltd., IHI Corporation, and Hyundai Corporation are launching environment-friendly alternatives in the transportation sector to lower carbon emissions. The growing government initiatives toward boosting carbon neutrality in countries such as India, Japan, China, and Australia also positively impact the hydrogen fuel cell train market. For instance, in 2023, Indian Railways collaborated with the United States Agency to increase and incorporate renewable energy sources in Indian railway infrastructure. Through this agreement, the United States Agency will provide technical support to Indian Railways to boost renewable shares in the overall rail transport sector. In 2023, the Indian Railways declared to operate 35 hydrogen fuel cell trains per the 'Hydrogen for Heritage' initiative. The project aims to revolutionize the railway infrastructure by incorporating hydrogen as the key alternative to fossil fuels. In 2023, Hyundai Rotem introduced its hydrogen-driven trams for passengers in South Korea. The advanced hydrogen-driven transportation project started in 2021 and was supported by the South Korean Ministry of Trade, Industry, and Energy. All such factors are driving the hydrogen fuel cell train market.
The increasing awareness of the benefits and efficiency level of hydrogen-driven fuel cells is one of the major driving factors for the hydrogen fuel cell train market. Fuel cells operate on the basic mechanism of converting chemical energy to electricity, which is more efficient than internal combustion engines. Fuel cells make the trains or vehicles more efficient, with less vibrations in the bogies and less noise. The hydrogen-driven fuel cell trains only emit water and waste product but also helps in reducing air pollution. In addition, a hydrogen-driven train's speed limit can range up to 140 km/h and can cover up to 1,000 km without refueling, which is way higher than battery-driven electric trains. Hydrogen fuel cell technology also has an energy conversion competence of ~50–60%, which is quite advanced compared to diesel engines. In addition, the hydrogen trains contain a regenerative braking system, boosting energy efficiency. The increasing efficiency and advancement of hydrogen fuel cell technology in speed, noise, vibration, and energy efficiency are boosting the global hydrogen fuel cell train market growth.
Increasing Proliferation of Proton Exchange Membrane Fuel Cell Technology is Boosting Hydrogen Fuel Cell Train Market Growth
Fuel cells primarily work on the principle of electrochemical reaction by converting chemical energy into electrical power. One of the most promising technologies of fuel cells is the Proton Exchange Membrane (PEM). The PEM fuel cell technology is most suitable for automotive applications owing to its high-power density. The function of PEM fuel cells can be reversed for O2 and H2 generation by using a water electrolysis process. The reverse technology of PEM fuel cells is a promising option for storing excess renewable power. When renewable power generation is more than the required amount, surplus renewable energy can be used to generate H2, and later, it can be converted back to electricity using PEM (Proton Exchange Membrane) fuel cell technology. The key end use of PEM fuel cells emphasizes transportation mainly because of its possible influence on the environment, like reducing the emission of greenhouse gases. Other uses include portable and distributed or stationary power production. In addition, the hydrogen fuel cell is a budding electrification technology that can offer mobility and reduced noise features for military vehicles while delivering high torque with scalable energy capacities. The growing technological evolution and more ongoing research are anticipated to boost the hydrogen fuel cell train market.
Increasing focus on reducing environmental pollution and controlling carbon footprint in the transportation sector is a major driving factor for the Asia Pacific hydrogen fuel cell train market share. Growing pollution, urbanization, and industrialization are boosting the need for expanded transportation networks. The mounting awareness of the advantages of utilizing hydrogen as a prime element for powering vehicles and trains and its environmental viability boosts the Asia Pacific hydrogen fuel cell train market share. China, South Korea, Australia, Japan, and India are a few of the major contributors to the hydrogen fuel cell train market. Hydrogen fuel cell train market players such as CRRC Corporation Ltd., IHI Corporation, and Hyundai Corporation are launching environment-friendly alternatives in the transportation sector to lower carbon emissions. The growing government initiatives toward boosting carbon neutrality in countries such as India, Japan, China, and Australia also positively impact the hydrogen fuel cell train market. For instance, in 2023, Indian Railways collaborated with the United States Agency to increase and incorporate renewable energy sources in Indian railway infrastructure. Through this agreement, the United States Agency will provide technical support to Indian Railways to boost renewable shares in the overall rail transport sector. In 2023, the Indian Railways declared to operate 35 hydrogen fuel cell trains per the 'Hydrogen for Heritage' initiative. The project aims to revolutionize the railway infrastructure by incorporating hydrogen as the key alternative to fossil fuels. In 2023, Hyundai Rotem introduced its hydrogen-driven trams for passengers in South Korea. The advanced hydrogen-driven transportation project started in 2021 and was supported by the South Korean Ministry of Trade, Industry, and Energy. All such factors are driving the hydrogen fuel cell train market.
1. INTRODUCTION
1.1 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. HYDROGEN FUEL CELL TRAIN MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Component Supplier
4.3.2 Hydrogen Fuel Cell Train Manufacturer
4.3.3 End Users
4.3.4 List of Hydrogen Fuel Cell Suppliers
5. HYDROGEN FUEL CELL TRAIN MARKET - KEY INDUSTRY DYNAMICS
5.1 Hydrogen Fuel Cell Train Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Environmental Concerns and Reducing Greenhouse Gas Emissions
5.2.2 Technological and Infrastructure Development in Transportation Sector
5.2.3 Growing Efficiency of Hydrogen-Driven Vehicles
5.2.4 Increasing Demand for Public Transportation Connectivity
5.3 Market Restraints
5.3.1 High Capital Requirement for Developing Hydrogen Fuel Cell Technology
5.3.2 High Risk, Cost, and Regulatory Framework Associated with Hydrogen Procurement
5.4 Market Opportunities
5.4.1 Increasing Proliferation of Proton Exchange Membrane Fuel Cell Technology
5.5 Future Trends
5.5.1 Growing Advent of Hydrogen Fuel Cell Technology in Transportation
5.6 Impact of Drivers and Restraints:
6. HYDROGEN FUEL CELL TRAIN MARKET - GLOBAL MARKET ANALYSIS
6.1 Hydrogen Fuel Cell Train Market Revenue (US$ Million), 2022 – 2030
6.2 Hydrogen Fuel Cell Train Market Forecast and Analysis
7. HYDROGEN FUEL CELL TRAIN MARKET ANALYSIS – TECHNOLOGY
7.1.1 Hydrogen Fuel Cell Train Market, By Technology (2022 and 2030)
7.2 Proton Exchange Membrane Fuel Cell
7.2.1 Overview
7.2.2 Proton Exchange Membrane Fuel Cell Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Phosphoric Acid Fuel Cell
7.3.1 Overview
7.3.2 Phosphoric Acid Fuel Cell Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. HYDROGEN FUEL CELL TRAIN MARKET ANALYSIS – COMPONENT
8.1.1 Hydrogen Fuel Cell Train Market, By Component (2022 and 2030)
8.2 Hydrogen Fuel Cell Pack
8.2.1 Overview
8.2.2 Hydrogen Fuel Cell Pack Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Batteries
8.3.1 Overview
8.3.2 Batteries Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Electric Traction Motors
8.4.1 Overview
8.4.2 Electric Traction Motors Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. HYDROGEN FUEL CELL TRAIN MARKET ANALYSIS – RAIL TYPE
9.1.1 Hydrogen Fuel Cell Train Market, By Rail Type (2022 and 2030)
9.2 Passenger Rail
9.2.1 Overview
9.2.2 Passenger Rail Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Commuter Rail
9.3.1 Overview
9.3.2 Commuter Rail Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Light Rail
9.4.1 Overview
9.4.2 Light Rail Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Trams
9.5.1 Overview
9.5.2 Trams Market, Revenue and Forecast to 2030 (US$ Million)
9.6 Freight
9.6.1 Overview
9.6.2 Freight Market, Revenue and Forecast to 2030 (US$ Million)
10. HYDROGEN FUEL CELL TRAIN MARKET - GEOGRAPHICAL ANALYSIS
10.1 Overview
10.2 North America
10.2.1 Overview
10.2.2 North America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.2.3 North America Hydrogen Fuel Cell Train Market Breakdown by Technology
10.2.4 North America: Hydrogen Fuel Cell Train Market, by Component
10.2.5 North America: Hydrogen Fuel Cell Train Market, by Rail Type
10.2.6 North America Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.2.6.1 US Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.2.6.1.1 United States Hydrogen Fuel Cell Train Market Breakdown by Technology
10.2.6.1.2 United States Hydrogen Fuel Cell Train Market Breakdown by Component
10.2.6.1.3 United States Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.2.6.2 Canada Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.2.6.2.1 Canada Hydrogen Fuel Cell Train Market Breakdown by Technology
10.2.6.2.2 Canada Hydrogen Fuel Cell Train Market Breakdown by Component
10.2.6.2.3 Canada Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.2.6.3 Mexico Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3 Europe
10.3.1 Overview
10.3.2 Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.3 Europe Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.4 Europe: Hydrogen Fuel Cell Train Market, by Component
10.3.5 Europe: Hydrogen Fuel Cell Train Market, by Rail Type
10.3.6 Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.3.6.1 Germany Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.1.1 Germany Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.1.2 Germany Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.1.3 Germany Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.2 France Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.2.1 France Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.2.2 France Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.2.3 France Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.3 Italy Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.3.1 Italy Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.3.2 Italy Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.3.3 Italy Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.4 UK Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.4.1 UK Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.4.2 UK Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.4.3 UK Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.5 Russia Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.6 Rest of Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.6.1 Rest of Europe Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.6.2 Rest of Europe Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.6.3 Rest of Europe Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4 Asia Pacific
10.4.1 Overview
10.4.2 Asia Pacific Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.3 Asia Pacific Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.4 Asia Pacific: Hydrogen Fuel Cell Train Market, by Component
10.4.5 Asia Pacific: Hydrogen Fuel Cell Train Market, by Rail Type
10.4.6 Asia Pacific Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.4.6.1 Australia Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.2 China Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.2.1 China Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.2.2 China Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.2.3 China Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.3 India Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.3.1 India Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.3.2 India Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.3.3 India Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.4 Japan Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.4.1 Japan Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.4.2 Japan Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.4.3 Japan Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.5 South Korea Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.5.1 South Korea Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.5.2 South Korea Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.5.3 South Korea Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.6 Rest of APAC Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5 Rest of the World
10.5.1 Overview
10.5.2 Rest of the World Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5.3 Rest of the World Hydrogen Fuel Cell Train Market Breakdown by Technology
10.5.4 Rest of the World: Hydrogen Fuel Cell Train Market, by Component
10.5.5 Rest of the World: Hydrogen Fuel Cell Train Market, by Rail Type
10.5.6 Rest of the World Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.5.6.1 Middle East & Africa Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5.6.1.1 Middle East & Africa Hydrogen Fuel Cell Train Market Breakdown by Technology
10.5.6.1.2 Middle East & Africa Hydrogen Fuel Cell Train Market Breakdown by Component
10.5.6.1.3 Middle East & Africa Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.5.6.2 South America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5.6.2.1 South America Hydrogen Fuel Cell Train Market Breakdown by Technology
10.5.6.2.2 South America Hydrogen Fuel Cell Train Market Breakdown by Component
10.5.6.2.3 South America Hydrogen Fuel Cell Train Market Breakdown by Rail Type
11. HYDROGEN FUEL CELL TRAIN MARKET – IMPACT OF COVID-19 PANDEMIC
11.1 Pre & Post Covid-19 Impact
12. COMPETITIVE LANDSCAPE
12.1 Company Positioning & Concentration
13. INDUSTRY LANDSCAPE
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. COMPANY PROFILES
14.1 TWI Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 CRRC Corp Ltd
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hyundai Rotem Co
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Stadler Rail AG
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Talgo SA
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Ballard Power Systems Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Alstom SA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Siemens Mobility GmbH
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Westinghouse Air Brake Technologies Corp
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 PESA Bydgoszcz SA
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. APPENDIX
15.1 About The Insight Partners
1.1 Market Segmentation
2. EXECUTIVE SUMMARY
2.1 Key Insights
2.2 Market Attractiveness
3. RESEARCH METHODOLOGY
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. HYDROGEN FUEL CELL TRAIN MARKET LANDSCAPE
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Component Supplier
4.3.2 Hydrogen Fuel Cell Train Manufacturer
4.3.3 End Users
4.3.4 List of Hydrogen Fuel Cell Suppliers
5. HYDROGEN FUEL CELL TRAIN MARKET - KEY INDUSTRY DYNAMICS
5.1 Hydrogen Fuel Cell Train Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Environmental Concerns and Reducing Greenhouse Gas Emissions
5.2.2 Technological and Infrastructure Development in Transportation Sector
5.2.3 Growing Efficiency of Hydrogen-Driven Vehicles
5.2.4 Increasing Demand for Public Transportation Connectivity
5.3 Market Restraints
5.3.1 High Capital Requirement for Developing Hydrogen Fuel Cell Technology
5.3.2 High Risk, Cost, and Regulatory Framework Associated with Hydrogen Procurement
5.4 Market Opportunities
5.4.1 Increasing Proliferation of Proton Exchange Membrane Fuel Cell Technology
5.5 Future Trends
5.5.1 Growing Advent of Hydrogen Fuel Cell Technology in Transportation
5.6 Impact of Drivers and Restraints:
6. HYDROGEN FUEL CELL TRAIN MARKET - GLOBAL MARKET ANALYSIS
6.1 Hydrogen Fuel Cell Train Market Revenue (US$ Million), 2022 – 2030
6.2 Hydrogen Fuel Cell Train Market Forecast and Analysis
7. HYDROGEN FUEL CELL TRAIN MARKET ANALYSIS – TECHNOLOGY
7.1.1 Hydrogen Fuel Cell Train Market, By Technology (2022 and 2030)
7.2 Proton Exchange Membrane Fuel Cell
7.2.1 Overview
7.2.2 Proton Exchange Membrane Fuel Cell Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Phosphoric Acid Fuel Cell
7.3.1 Overview
7.3.2 Phosphoric Acid Fuel Cell Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
8. HYDROGEN FUEL CELL TRAIN MARKET ANALYSIS – COMPONENT
8.1.1 Hydrogen Fuel Cell Train Market, By Component (2022 and 2030)
8.2 Hydrogen Fuel Cell Pack
8.2.1 Overview
8.2.2 Hydrogen Fuel Cell Pack Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Batteries
8.3.1 Overview
8.3.2 Batteries Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Electric Traction Motors
8.4.1 Overview
8.4.2 Electric Traction Motors Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. HYDROGEN FUEL CELL TRAIN MARKET ANALYSIS – RAIL TYPE
9.1.1 Hydrogen Fuel Cell Train Market, By Rail Type (2022 and 2030)
9.2 Passenger Rail
9.2.1 Overview
9.2.2 Passenger Rail Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Commuter Rail
9.3.1 Overview
9.3.2 Commuter Rail Market, Revenue and Forecast to 2030 (US$ Million)
9.4 Light Rail
9.4.1 Overview
9.4.2 Light Rail Market, Revenue and Forecast to 2030 (US$ Million)
9.5 Trams
9.5.1 Overview
9.5.2 Trams Market, Revenue and Forecast to 2030 (US$ Million)
9.6 Freight
9.6.1 Overview
9.6.2 Freight Market, Revenue and Forecast to 2030 (US$ Million)
10. HYDROGEN FUEL CELL TRAIN MARKET - GEOGRAPHICAL ANALYSIS
10.1 Overview
10.2 North America
10.2.1 Overview
10.2.2 North America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.2.3 North America Hydrogen Fuel Cell Train Market Breakdown by Technology
10.2.4 North America: Hydrogen Fuel Cell Train Market, by Component
10.2.5 North America: Hydrogen Fuel Cell Train Market, by Rail Type
10.2.6 North America Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.2.6.1 US Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.2.6.1.1 United States Hydrogen Fuel Cell Train Market Breakdown by Technology
10.2.6.1.2 United States Hydrogen Fuel Cell Train Market Breakdown by Component
10.2.6.1.3 United States Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.2.6.2 Canada Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.2.6.2.1 Canada Hydrogen Fuel Cell Train Market Breakdown by Technology
10.2.6.2.2 Canada Hydrogen Fuel Cell Train Market Breakdown by Component
10.2.6.2.3 Canada Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.2.6.3 Mexico Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3 Europe
10.3.1 Overview
10.3.2 Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.3 Europe Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.4 Europe: Hydrogen Fuel Cell Train Market, by Component
10.3.5 Europe: Hydrogen Fuel Cell Train Market, by Rail Type
10.3.6 Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.3.6.1 Germany Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.1.1 Germany Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.1.2 Germany Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.1.3 Germany Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.2 France Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.2.1 France Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.2.2 France Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.2.3 France Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.3 Italy Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.3.1 Italy Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.3.2 Italy Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.3.3 Italy Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.4 UK Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.4.1 UK Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.4.2 UK Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.4.3 UK Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.3.6.5 Russia Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.6 Rest of Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.3.6.6.1 Rest of Europe Hydrogen Fuel Cell Train Market Breakdown by Technology
10.3.6.6.2 Rest of Europe Hydrogen Fuel Cell Train Market Breakdown by Component
10.3.6.6.3 Rest of Europe Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4 Asia Pacific
10.4.1 Overview
10.4.2 Asia Pacific Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.3 Asia Pacific Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.4 Asia Pacific: Hydrogen Fuel Cell Train Market, by Component
10.4.5 Asia Pacific: Hydrogen Fuel Cell Train Market, by Rail Type
10.4.6 Asia Pacific Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.4.6.1 Australia Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.2 China Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.2.1 China Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.2.2 China Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.2.3 China Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.3 India Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.3.1 India Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.3.2 India Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.3.3 India Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.4 Japan Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.4.1 Japan Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.4.2 Japan Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.4.3 Japan Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.5 South Korea Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.4.6.5.1 South Korea Hydrogen Fuel Cell Train Market Breakdown by Technology
10.4.6.5.2 South Korea Hydrogen Fuel Cell Train Market Breakdown by Component
10.4.6.5.3 South Korea Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.4.6.6 Rest of APAC Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5 Rest of the World
10.5.1 Overview
10.5.2 Rest of the World Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5.3 Rest of the World Hydrogen Fuel Cell Train Market Breakdown by Technology
10.5.4 Rest of the World: Hydrogen Fuel Cell Train Market, by Component
10.5.5 Rest of the World: Hydrogen Fuel Cell Train Market, by Rail Type
10.5.6 Rest of the World Hydrogen Fuel Cell Train Market Revenue and Forecasts and Analysis - By Country
10.5.6.1 Middle East & Africa Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5.6.1.1 Middle East & Africa Hydrogen Fuel Cell Train Market Breakdown by Technology
10.5.6.1.2 Middle East & Africa Hydrogen Fuel Cell Train Market Breakdown by Component
10.5.6.1.3 Middle East & Africa Hydrogen Fuel Cell Train Market Breakdown by Rail Type
10.5.6.2 South America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
10.5.6.2.1 South America Hydrogen Fuel Cell Train Market Breakdown by Technology
10.5.6.2.2 South America Hydrogen Fuel Cell Train Market Breakdown by Component
10.5.6.2.3 South America Hydrogen Fuel Cell Train Market Breakdown by Rail Type
11. HYDROGEN FUEL CELL TRAIN MARKET – IMPACT OF COVID-19 PANDEMIC
11.1 Pre & Post Covid-19 Impact
12. COMPETITIVE LANDSCAPE
12.1 Company Positioning & Concentration
13. INDUSTRY LANDSCAPE
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. COMPANY PROFILES
14.1 TWI Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 CRRC Corp Ltd
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hyundai Rotem Co
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Stadler Rail AG
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Talgo SA
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Ballard Power Systems Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Alstom SA
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Siemens Mobility GmbH
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Westinghouse Air Brake Technologies Corp
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 PESA Bydgoszcz SA
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. APPENDIX
15.1 About The Insight Partners
