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Global Hydrogen Fuel Cell Train Market Report 2022: Advancement in Fuel Cells Increasing Sector's Viability - ResearchAndMarkets.com

Global Hydrogen Fuel Cell Train Market Report 2022: Advancement in Fuel Cells Increasing Sector's Viability - ResearchAndMarkets.com

By AP News
Published - Nov 03, 2022, 11:45 AM ET
Last Updated - Jun 23, 2023, 08:24 PM EDT

DUBLIN--(BUSINESS WIRE)--Nov 3, 2022--

The "Hydrogen Fuel Cell Train Market By Application, By Technology, By Component, By Rail type: Global Opportunity Analysis and Industry Forecast, 2025-2035" report has been added to ResearchAndMarkets.com's offering.

A hydrogen train is one that uses hydrogen as a fuel, either within a hydrogen internal combustion engine or through a reaction with oxygen within a hydrogen fuel cell. This train emits very less environmentally harmful greenhouse gas (GHG) such as carbon dioxide and nitrogen oxide during operation unlike diesel-powered trains.

Fuel cell technology advancements have improved viability of hydrogen-powered vehicles, with the weight of fuel cells reducing and efficiencies improving. Fuel cells convert chemical energy within hydrogen into electricity, also creating water and heat. This is the inverse of electrolysis process that can be used to create hydrogen fuel. The electricity produced by these hydrogen fuel cells is fed into a motor to power the train. Unlike natural gas or diesel fuel, hydrogen produced by electrolysis produces zero emissions while hydrogen produced by steam methane reforming still produces emissions 45% lower than diesel trains.

The hydrogen fuel cell train market is segmented on the basis of application, technology, component, rail type, and region. By application, the market is divided into passenger train, freight train, and others. By technology, it is segmented into proton exchange membrane fuel cell, phosphoric acid fuel cell, and others. By component, it is divided into hydrogen fuel cell pack, batteries, electric traction motors, and others. By rail type, it is divided into passenger rail, commuter rail, light rail, trams, freight, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

Growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investments. In addition, it includes Porter's five forces analysis to understand competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights competitive landscape of key players to increase their market share and sustain intense competition in the industry.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hydrogen fuel cell train market analysis from 2025 to 2035 to identify the prevailing hydrogen fuel cell train market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the hydrogen fuel cell train market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global hydrogen fuel cell train market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Application

  • Passenger Train
  • Freight Train
  • Others

By Technology

  • Proton Exchange Membrane Fuel Cell
  • Phosphoric Acid Fuel Cell
  • Others

By Component

  • Hydrogen fuel cell Pack
  • Batteries
  • Electric traction motors
  • Others

By Rail type

  • Passenger Rail
  • Commuter Rail
  • Light Rail
  • Trams
  • Freight
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Netherlands
  • U.K.
  • Poland
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Asean
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Topics Covered:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: HYDROGEN FUEL CELL TRAIN MARKET, BY APPLICATION

CHAPTER 5: HYDROGEN FUEL CELL TRAIN MARKET, BY TECHNOLOGY

CHAPTER 6: HYDROGEN FUEL CELL TRAIN MARKET, BY COMPONENT

CHAPTER 7: HYDROGEN FUEL CELL TRAIN MARKET, BY RAIL TYPE

CHAPTER 8: HYDROGEN FUEL CELL TRAIN MARKET, BY REGION

CHAPTER 9: COMPANY LANDSCAPE

CHAPTER 10: COMPANY PROFILES

Companies Mentioned

  • Alstom
  • Ballard Power Systems
  • BNSF
  • CAF Group
  • CRRC Corporation Limited
  • Engie
  • Hitachi
  • Hyundai Corporation
  • IHI Corporation
  • Kawasaki Heavy Industries, Ltd.
  • Pesa
  • Progress Rail
  • Siemens Mobility
  • Stadler
  • Talgo
  • Toyota
  • Wabtec

For more information about this report visit https://www.researchandmarkets.com/r/svbxdo

View source version on businesswire.com:https://www.businesswire.com/news/home/20221103006032/en/

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KEYWORD:

INDUSTRY KEYWORD: ALTERNATIVE ENERGY ENERGY

SOURCE: Research and Markets

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