Hydrogen Fuel Cell Train Market Size and Forecasts (2020 – 2030)

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

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Description

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.

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According to our latest market study on ” Hydrogen Fuel Cell Train Market Forecast to 2030 – Global Analysis – by Technology, Component, and Rail Type” the market was valued at US$ 1,450.98 million in 2022 and is expected to reach US$ 3,458.62 million by 2030; it is expected to account for a CAGR of 11.5% from 2022 to 2030.

The growing population and urbanization are two major reasons fueling the hydrogen fuel cell train market growth. In 2023, the Indian government approved INR 32,500 crore (US$ 3.93 billion) for seven transformative railway projects to boost connectivity. In 2022, the German government announced expanding railway networks in Frankfurt Central Station, Frankfurt Sud and Deutschherrn Bridge. In Canada, the expansion of railway tracks in Greater Toronto is anticipated to be completed by 2025. The growing industrialization and increasing number of working forces in different sectors also boost the demand for new railway tracks for better connectivity. The overall expansion and development in transportation connectivity are also having a positive impact in a broader sense on the growing advent of hydrogen fuel cell trains for fast commutes. The increasing demand for public transportation connectivity while maintaining the goal of achieving a net zero carbon emission environment is driving the hydrogen fuel cell train market worldwide.

Hydrogen fuel cells are anticipated to provide long-haul and heavy-duty vehicle transport solutions. Hydrogen fuel cell technology can be advantageous in areas where sufficient and accessible electrical charging infrastructure lags. In contrast to batteries, fuel cells generate electricity from accumulated hydrogen by leveraging electrochemical procedures. When traveling in remote locations and areas where a smaller number of charging stations are available, fuel cell technology can be beneficial. The growing focus on producing hydrogen fuel cells for better consumer reach and using advanced technologies to produce green hydrogen for zero carbon emission are some of the major trends in the hydrogen fuel cell train market.

The top global hydrogen fuel cell train market players included Alstom SA, TWI Ltd, Talgo, CRRC Corp Ltd, and Ballard Power Systems in 2021. The ranking of these companies is derived by giving weightage to the following key performance parameters: overall revenue, segment revenue, geographical reach, customer base, new product launches, market initiatives, investment in technology up-gradation, R&D investments, mergers & acquisitions, and other market-related activities. Various other notable hydrogen fuel cell train market players are profiled in this report.

Key Findings of Market Study:

Based on component, the global hydrogen fuel cell train market share is segmented into hydrogen fuel cell pack, batteries, electric traction motors, and others. A fuel cell system comprises components such as cell pack, batteries, traction motors, inverters, storage units, and other components. All the components have different functions that collaboratively work together to run the hydrogen-powered trains.

Hydrogen fuel cell pack is one of the main components of a fuel cell system that helps generate electricity by combining hydrogen and air with the catalyst and supplies the converted power to the batteries that provide a stable connection for power supply to the electric traction motors. The growth in the number of innovations in railway systems is a major factor supporting the global hydrogen fuel cell train market growth. Some of the major hydrogen fuel cell train market players are Ballard Power Systems Inc, Intelligent Energy Ltd, FuelCell Energy Inc, Doosan Fuel Cell Co Ltd, Plug Power Inc, and Bloom Energy. Such companies continuously focus on developing innovative fuel cell packs for railway applications to cater to the market demand and remain competitive. Various countries, such as China, Germany, and the US, have already introduced hydrogen-powered trains across their railway infrastructure since 2018. India is also set to announce its first hydrogen-powered train by the end of 2023. Such developments have been driving the hydrogen fuel cell pack segment growth in the hydrogen fuel cell train market share.

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TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Clinical Trials Market – By Phase
1.3.2 North America Clinical Trials Market – By Study Design
1.3.3 North America Clinical Trials Market – By Indication
1.3.4 North America Clinical Trials Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Clinical Trials Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.3 Experts Opinion
5. North America Clinical Trials Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption and Outsourcing of Clinical Trials
5.1.2 Flourishing Pharmaceutical Industry and Increasing R&D Activities in Pharmaceutical Industry
5.2 Market Restraints
5.2.1 Expensive and Time-Consuming Process
5.3 Market Opportunities
5.3.1 Adoption of Decentralized Clinical Trials and Hybrid Clinical Trials
5.4 Future Trends
5.4.1 AI-Driven Clinical Trials
5.5 Impact Analysis
6. Clinical Trials Market – North America Analysis
6.1 North America Clinical Trials Market Revenue Forecast and Analysis
7. North America Clinical Trials Market Revenue and Forecast To 2028 – by Study Design
7.1 Overview
7.2 North America Clinical Trials Market Revenue Share, by Study Design (2022 and 2028)
7.3 Interventional
7.3.1 Overview
7.3.2 Interventional: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Observational
7.4.1 Overview
7.4.2 Observational: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Expanded Access
7.5.1 Overview
7.5.2 Expanded Access: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Clinical Trials Market – By Phase
8.1 Overview
8.2 North America Clinical Trials Market, by Phase, 2022 and 2028 (%)
8.3 Phase III
8.3.1 Overview
8.3.2 Phase III: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Phase II
8.4.1 Overview
8.4.2 Phase II: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Phase IV
8.5.1 Overview
8.5.2 Phase IV: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Phase I
8.6.1 Overview
8.6.2 Phase I: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Clinical Trials Market Revenue and Forecast To 2028 – Indication
9.1 Overview
9.2 North America Clinical Trials Market Revenue Share, by Indication (2022 and 2028)
9.3 Autoimmune/Inflammation
9.3.1 Overview
9.3.2 Autoimmune/Inflammation: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Pain Management
9.4.1 Overview
9.4.2 Pain Management: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Oncology
9.5.1 Overview
9.5.2 Oncology: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.6 CNS Condition
9.6.1 Overview
9.6.2 CNS Condition: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Diabetes
9.7.1 Overview
9.7.2 Diabetes: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Obesity
9.8.1 Overview
9.8.2 Obesity: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Cardiovascular
9.9.1 Overview
9.9.2 Cardiovascular: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
9.10 Other
9.10.1 Overview
9.10.2 Other: North America Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Clinical Trials Market – Revenue and Forecast to 2028 – Country Analysis
10.1 North America: Clinical Trials Market
10.1.1 Overview
10.1.2 North America: Clinical Trials Market, by Country, 2022& 2028 (%)
10.1.2.1 US: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 US: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.1.3 US: Clinical Trials Market, by Phase, 2020-2028 (US$ Million)
10.1.2.1.4 US: Clinical Trials Market, by Study Design, 2020-2028 (US$ Million)
10.1.2.1.5 US: Clinical Trials Market, by Indication, 2020-2028 (US$ Million)
10.1.2.2 Canada: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Canada: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.2.3 Canada: Clinical Trials Market, by Phase, 2020-2028 (US$ Million)
10.1.2.2.4 Canada: Clinical Trials Market, by Study Design, 2020-2028 (US$ Million)
10.1.2.2.5 Canada: Clinical Trials Market, by Indication, 2020-2028 (US$ Million)
10.1.2.3 Mexico: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 Mexico: Clinical Trials Market – Revenue and Forecast to 2028 (US$ Million)
10.1.2.3.3 Mexico: Clinical Trials Market, by Phase, 2020-2028 (US$ Million)
10.1.2.3.4 Mexico: Clinical Trials Market, by Study Design, 2020-2028 (US$ Million)
10.1.2.3.5 Mexico: Clinical Trials Market, by Indication, 2020-2028 (US$ Million)
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 IQVIA Holdings Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Parexel International Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 IXICO Plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Charles River Laboratories International Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 ICON Plc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 WuXi AppTec Co Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SGS SA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Syneos Health Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Thermo Fisher Scientific Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Laboratory Corp of America Holdings
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary of Terms

LIST OF TABLES

Table 1. List of Vendors in the Value Chain
Table 2. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Million) – Technology
Table 4. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 5. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Million) – Rail Type
Table 6. North America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 7. North America: Hydrogen Fuel Cell Train Market, by Component Revenue and Forecast to 2030 (US$ Million)
Table 8. North America: Hydrogen Fuel Cell Train Market, by Rail Type Revenue and Forecast to 2030 (US$ Million)
Table 9. United States Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 10. United States Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 11. United States Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 12. Canada Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 13. Canada Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 14. Canada Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 15. Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 16. Europe: Hydrogen Fuel Cell Train Market, by Component Revenue and Forecast to 2030 (US$ Million)
Table 17. Europe: Hydrogen Fuel Cell Train Market, by Rail Type Revenue and Forecast to 2030 (US$ Million)
Table 18. Germany Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 19. Germany Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 20. Germany Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 21. France Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 22. France Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 23. France Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 24. Italy Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 25. Italy Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 26. Italy Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 27. UK Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 28. UK Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 29. UK Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 30. Rest of Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 31. Rest of Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 32. Rest of Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 33. Asia Pacific Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 34. Asia Pacific: Hydrogen Fuel Cell Train Market, by Component Revenue and Forecast to 2030 (US$ Million)
Table 35. Asia Pacific: Hydrogen Fuel Cell Train Market, by Rail Type Revenue and Forecast to 2030 (US$ Million)
Table 36. China Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 37. China Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 38. China Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 39. India Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 40. India Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 41. India Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 42. Japan Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 43. Japan Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 44. Japan Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 45. South Korea Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 46. South Korea Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 47. South Korea Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 48. Rest of the World Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 49. Rest of the World: Hydrogen Fuel Cell Train Market, by Component Revenue and Forecast to 2030 (US$ Million)
Table 50. Rest of the World: Hydrogen Fuel Cell Train Market, by Rail Type Revenue and Forecast to 2030 (US$ Million)
Table 51. Middle East & Africa Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 52. Middle East & Africa Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 53. Middle East & Africa Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type
Table 54. South America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Technology
Table 55. South America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Component
Table 56. South America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn) – Rail Type

LIST OF FIGURES

Figure 1. Hydrogen Fuel Cell Train Market Segmentation, By Geography
Figure 2. PEST Analysis
Figure 3. Ecosystem: Hydrogen Fuel Cell Train Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Hydrogen Fuel Cell Train Market Breakdown by Geography, 2022 and 2030 (%)
Figure 6. Hydrogen Fuel Cell Train Market Revenue (US$ Million), 2022 – 2030
Figure 7. Hydrogen Fuel Cell Train Market Share (%) – Technology, 2022 and 2030
Figure 8. Proton Exchange Membrane Fuel Cell Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Phosphoric Acid Fuel Cell Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Hydrogen Fuel Cell Train Market Share (%) – Component, 2022 and 2030
Figure 12. Hydrogen Fuel Cell Pack Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Batteries Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Electric Traction Motors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Hydrogen Fuel Cell Train Market Share (%) – Rail Type, 2022 and 2030
Figure 17. Passenger Rail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Commuter Rail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Light Rail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Trams Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Freight Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Hydrogen Fuel Cell Train Market Breakdown by Region, 2022 and 2030 (%)
Figure 23. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. North America Hydrogen Fuel Cell Train Market Revenue Share, by Technology (2022 and 2030)
Figure 25. North America Hydrogen Fuel Cell Train Market Revenue Share, by Component (2022 and 2030)
Figure 26. North America Hydrogen Fuel Cell Train Market Revenue Share, by Rail Type (2022 and 2030)
Figure 27. Hydrogen Fuel Cell Train Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 28. US Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Canada Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Mexico Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 32. Europe Hydrogen Fuel Cell Train Market Revenue Share, by Technology (2022 and 2030)
Figure 33. Europe Hydrogen Fuel Cell Train Market Revenue Share, by Component (2022 and 2030)
Figure 34. Europe Hydrogen Fuel Cell Train Market Revenue Share, by Rail Type (2022 and 2030)
Figure 35. Hydrogen Fuel Cell Train Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 36. Germany Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. France Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. Italy Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. UK Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Russia Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. Rest of Europe Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 43. Asia Pacific Hydrogen Fuel Cell Train Market Revenue Share, by Technology (2022 and 2030)
Figure 44. Asia Pacific Hydrogen Fuel Cell Train Market Revenue Share, by Component (2022 and 2030)
Figure 45. Asia Pacific Hydrogen Fuel Cell Train Market Revenue Share, by Rail Type (2022 and 2030)
Figure 46. Hydrogen Fuel Cell Train Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 47. China Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. India Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. Japan Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. South Korea Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Rest of the World Hydrogen Fuel Cell Train Market Revenue Share, by Technology (2026 and 2030)
Figure 53. Rest of the World Hydrogen Fuel Cell Train Market Revenue Share, by Component (2026 and 2030)
Figure 54. Rest of the World Hydrogen Fuel Cell Train Market Revenue Share, by Rail Type (2026 and 2030)
Figure 55. Hydrogen Fuel Cell Train Market Breakdown by Key Country, 2026 and 2030 (%)
Figure 56. Middle East & Africa Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 57. South America Hydrogen Fuel Cell Train Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 58. Company Positioning & Concentration

The List of Companies – Hydrogen Fuel Cell Train Market
– Alstom SA
– TWI Ltd
– Hyundai Corporation
– Talgo
– Siemens Mobility GmbH
– CRRC Corp Ltd
– WABTEC
– Stadler Rail AG
– Ballard Power Systems
– PESA Bydgoszcz SA

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