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Global Hydrogen Fuel Cell Train Market Size study, By Application (Passenger Train, Freight Train), By Technology (Proton Exchange Membrane Fuel Cell, Phosphoric Acid Fuel Cell), By Component (Hydrogen fuel cell Pack, Batteries, Electric traction motors), By Rail type (Passenger Rail, Commuter Rail, Light Rail, Trams, Freight), and Regional Forecasts 2022-2028

August 2022 | 200 pages | ID: G3F036B338EDEN
Bizwit Research & Consulting LLP

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Global Hydrogen Fuel Cell Train Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Hydrogen Fuel Cell Train or hydrogen powered trains refer to trains that uses hydrogen as a power source for propulsion and auxiliary application. Hydrogen fuel cells offer an inherently clean source of energy, with no adverse environmental impact during operation as the byproducts are simply heat and water. Also, unlike biofuel or hydropower, hydrogen doesn’t require large areas of land to produce. The rising investment towards development of railways infrastructure and increasing concern over environmental degradation as well as recent strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, in January 2022, Canadian Pacific railroad and Ballard Power Systems, a maker of hydrogen fuel cells, entered in a partnership to expand CP’s Hydrogen Locomotive Program, adding eight additional 200 kW fuel cell modules to their initial order. Canadian Pacific received USD 15 million in funding from Emissions Reduction Alberta (ERA). Moreover, in February 2022, India announced USD 32.7 billion capital investment in rail in national budget for the purpose of rolling stock development. Furthermore, leading market players are working towards strategic partnerships to capture substantial market share. For instance, in April 2022, Alstom and ENGIE entered in a partnership agreement to supply a fuel cell system with renewable hydrogen for use in European rail freight. Also, growing number of R&D activities in Hydrogen Fuel Cell Technology coupled with rising logistics and transportation sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high capital-intensive nature of Hydrogen Fuel Cell Train development impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Hydrogen Fuel Cell Train Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing railways infrastructure and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of railways and increasing number of investment activities towards sustainable railways infrastructure, would create lucrative growth prospects for the global Hydrogen Fuel Cell Train Market across the Asia Pacific region.

Major market players included in this report are:
Alstom
Ballard Power Systems
BNSF
CAF group
CRRC Corporation Limited
Engie Sa
Hitachi
Hyundai Corporation
IHI Corporation
Kawasaki Heavy Industries, Ltd.


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application
Passenger Train
Freight Train
By Technology
Proton Exchange Membrane Fuel Cell
Phosphoric Acid Fuel Cell
By Component
Hydrogen fuel cell Pack
Batteries
Electric traction motors
By Rail type
Passenger Rail
Commuter Rail
Light Rail
Trams
Freight
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Hydrogen Fuel Cell Train Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global Hydrogen Fuel Cell Train Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global Hydrogen Fuel Cell Train Market, by Application, 2020-2028 (USD Million)
  1.2.3. Global Hydrogen Fuel Cell Train Market, by Technology, 2020-2028 (USD Million)
  1.2.4. Global Hydrogen Fuel Cell Train Market, by Component, 2020-2028 (USD Million)
  1.2.5. Global Hydrogen Fuel Cell Train Market, by Rail Type, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET DYNAMICS

3.1. Hydrogen Fuel Cell Train Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Rising investment towards development of railways infrastructure.
    3.1.1.2. Increasing concern over environmental degradation.
    3.1.1.3. Recent strategic initiatives from leading market players.
  3.1.2. Market Challenges
    3.1.2.1. High capital-intensive nature of Hydrogen Fuel Cell Train development.
  3.1.3. Market Opportunities
    3.1.3.1. Growing number of R&D activities in Hydrogen Fuel Cell Technology.
    3.1.3.2. Rising logistics and transportation sector.

CHAPTER 4. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Hydrogen Fuel Cell Train Market by Application, Performance - Potential Analysis
6.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Application 2018-2028 (USD Million)
6.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
  6.4.1. Passenger Train
  6.4.2. Freight Train

CHAPTER 7. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET, BY TECHNOLOGY

7.1. Market Snapshot
7.2. Global Hydrogen Fuel Cell Train Market by Technology, Performance - Potential Analysis
7.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Technology 2018-2028 (USD Million)
7.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
  7.4.1. Proton Exchange Membrane Fuel Cell
  7.4.2. Phosphoric Acid Fuel Cell

CHAPTER 8. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET, BY COMPONENT

8.1. Market Snapshot
8.2. Global Hydrogen Fuel Cell Train Market by Component, Performance - Potential Analysis
8.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Component 2018-2028 (USD Million)
8.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
  8.4.1. Hydrogen fuel cell Pack
  8.4.2. Batteries
  8.4.3. Electric traction motors

CHAPTER 9. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET, BY RAIL TYPE

9.1. Market Snapshot
9.2. Global Hydrogen Fuel Cell Train Market by Rail Type, Performance - Potential Analysis
9.3. Global Hydrogen Fuel Cell Train Market Estimates & Forecasts by Rail Type 2018-2028 (USD Million)
9.4. Hydrogen Fuel Cell Train Market, Sub Segment Analysis
  9.4.1. Passenger Rail
  9.4.2. Commuter Rail
  9.4.3. Light Rail
  9.4.4. Trams
  9.4.5. Freight

CHAPTER 10. GLOBAL HYDROGEN FUEL CELL TRAIN MARKET, REGIONAL ANALYSIS

10.1. Hydrogen Fuel Cell Train Market, Regional Market Snapshot
10.2. North America Hydrogen Fuel Cell Train Market
  10.2.1. U.S. Hydrogen Fuel Cell Train Market
    10.2.1.1. Application estimates & forecasts, 2018-2028
    10.2.1.2. Technology estimates & forecasts, 2018-2028
    10.2.1.3. Component estimates & forecasts, 2018-2028
    10.2.1.4. Rail Type estimates & forecasts, 2018-2028
  10.2.2. Canada Hydrogen Fuel Cell Train Market
10.3. Europe Hydrogen Fuel Cell Train Market Snapshot
  10.3.1. U.K. Hydrogen Fuel Cell Train Market
  10.3.2. Germany Hydrogen Fuel Cell Train Market
  10.3.3. France Hydrogen Fuel Cell Train Market
  10.3.4. Spain Hydrogen Fuel Cell Train Market
  10.3.5. Italy Hydrogen Fuel Cell Train Market
  10.3.6. Rest of Europe Hydrogen Fuel Cell Train Market
10.4. Asia-Pacific Hydrogen Fuel Cell Train Market Snapshot
  10.4.1. China Hydrogen Fuel Cell Train Market
  10.4.2. India Hydrogen Fuel Cell Train Market
  10.4.3. Japan Hydrogen Fuel Cell Train Market
  10.4.4. Australia Hydrogen Fuel Cell Train Market
  10.4.5. South Korea Hydrogen Fuel Cell Train Market
  10.4.6. Rest of Asia Pacific Hydrogen Fuel Cell Train Market
10.5. Latin America Hydrogen Fuel Cell Train Market Snapshot
  10.5.1. Brazil Hydrogen Fuel Cell Train Market
  10.5.2. Mexico Hydrogen Fuel Cell Train Market
10.6. Rest of The World Hydrogen Fuel Cell Train Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. Alstom
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Ballard Power Systems
  11.2.3. BNSF
  11.2.4. CAF group
  11.2.5. CRRC Corporation Limited
  11.2.6. Engie Sa
  11.2.7. Hitachi
  11.2.8. Hyundai Corporation
  11.2.9. IHI Corporation
  11.2.10. Kawasaki Heavy Industries, Ltd.

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Hydrogen Fuel Cell Train Market, report scope
TABLE 2. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 4. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Technology 2018-2028 (USD Million)
TABLE 5. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Component 2018-2028 (USD Million)
TABLE 6. Global Hydrogen Fuel Cell Train Market estimates & forecasts by Rail Type 2018-2028 (USD Million)
TABLE 7. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Hydrogen Fuel Cell Train Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global Hydrogen Fuel Cell Train Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Hydrogen Fuel Cell Train Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row Hydrogen Fuel Cell Train Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Hydrogen Fuel Cell Train Market
TABLE 57. List of primary sources, used in the study of global Hydrogen Fuel Cell Train Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Hydrogen Fuel Cell Train Market, research methodology
FIG 2. Global Hydrogen Fuel Cell Train Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Hydrogen Fuel Cell Train Market, key trends 2021
FIG 5. Global Hydrogen Fuel Cell Train Market, growth prospects 2022-2028
FIG 6. Global Hydrogen Fuel Cell Train Market, porters 5 force model
FIG 7. Global Hydrogen Fuel Cell Train Market, pest analysis
FIG 8. Global Hydrogen Fuel Cell Train Market, value chain analysis
FIG 9. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Hydrogen Fuel Cell Train Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Hydrogen Fuel Cell Train Market, regional snapshot 2018 & 2028
FIG 15. North America Hydrogen Fuel Cell Train Market 2018 & 2028 (USD Million)
FIG 16. Europe Hydrogen Fuel Cell Train Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Hydrogen Fuel Cell Train Market 2018 & 2028 (USD Million)
FIG 19. Global Hydrogen Fuel Cell Train Market, company Market share analysis (2021)


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