PUBLISHER: Allied Market Research | PRODUCT CODE: 1139962
PUBLISHER: Allied Market Research | PRODUCT CODE: 1139962
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 players that operate in this market include Alstom, Ballard Power Systems., BNSF Railway Company, Construcciones Y Auxiliar De Ferrocarriles, S.A. (CAF), CRRC Corporation Limited, Engie, Hitachi Ltd., Hyundai Corporation, IHI Corporation, Kawasaki Heavy Industries, Ltd., PESA Group, Progress Rail (Subsidiary of Caterpillar), Siemens, Stadler Rail AG, Talgo, Toyota Motor Corporation, and Wabtec Corporation
Key Benefits For Stakeholders
Key Market Segments
By Application
By Technology
By Component
By Rail type
By Region