Hydrogen Buses Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,500	150 Pages	Coherent Market Insights	December, 2023	CMI18533500

Best Price Guarantee
Price	from $4,500
Length	150 Pages
Publisher	Coherent Market Insights
Published Date	December, 2023
SKU	CMI18533500

Hydrogen Buses Market, By Bus Type (Single Deck, Double Deck, and Articulated Deck), By Fuel Cell Type (Polymer Electrolyte Membrane (PEM) Fuel Cells, Solid Oxide Fuel Cells (SOFC), and Alkaline Fuel Cell), By Application (City Buses, Coach/Interurban Buses, and Special Buses), By Hydrogen Storage Method (Compressed Hydrogen Storage and Liquid Hydrogen Storage), By Fleet Size (Large Fleets and Small to Medium Fleets), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Hydrogen buses represent ground breaking advancement in sustainable transportation. These vehicles utilize hydrogen fuel cells to produce electricity, thus emitting only water vapour as a by-product, and thereby making them a zero-emission alternative to conventional diesel buses. As cities seek greener transit options to combat air pollution and reduce carbon emissions, hydrogen busses offer a promising solution. Their increased range and shorter refuelling times as compared to battery electric buses make them an attractive choice for public transportation systems aiming to achieve environmental goals without compromising operational efficiency.

Market Dynamics:

The market dynamics of hydrogen fuel cell buses are shaped by a range of driving factors, constraints, opportunities, and challenges. On the one hand, there is a strong push for these vehicles due to their environmental benefits, as governments globally implement policies aimed at reducing carbon emissions and improving air quality, driving the adoption of zero-emission vehicles.

Development in fuel cell technology and the appeal of energy diversification further solidify the market's growth potential. Financial incentives such as subsidies, tax rebates, and grants serve as additional catalysts, thus encouraging the deployment of hydrogen fuel cell buses. The high initial costs associated with the procurement of hydrogen buses and establishing the requisite refuelling infrastructure are notable deterrents. Additionally, the cost of hydrogen production, particularly green hydrogen, remains a challenge when compared to traditional fossil fuels. The industry is witnessing key trends such as strategic collaborations, increasing policy support, and a shift in focus towards the total cost of ownership, which highlights the long-term economic benefits of hydrogen fuel cell buses over their lifecycle.

These dynamics depict a market with significant growth but also indicate the importance of strategic initiatives to address the existing challenges in the hydrogen fuel cell bus market landscape.

Key features of the study:

This report provides in-depth analysis of the global hydrogen buses market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global hydrogen buses market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Toyota Motor Corporation, Hyundai Motor Company, Ballard Power Systems, New Flyer Industries, Van Hool, Wrightbus, Solaris Bus & Coach, SAIC Motor Corporation Limited, Proterra Inc, CAF (Construcciones y Auxiliar de Ferrocarriles), Daimler Trucks AG, and SunLine Transit Agency
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global hydrogen uses market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global hydrogen buses market

Detailed Segmentation:

Hydrogen Buses Market Segmentation, By Bus Type:
Single Deck
Double Deck
Articulated Deck
Hydrogen Buses Market Segmentation, By Fuel Cell Type:
Polymer Electrolyte Membrane (PEM) Fuel Cells
Solid Oxide Fuel Cells (SOFC)
Alkaline Fuel Cell (AFC)
Hydrogen Buses Market Segmentation, By Application:
City Buses
Coach/Interurban Buses
Special Buses (School Buses, Airport Buses, Mobile Film Studio Buses and Others)
Hydrogen Buses Market Segmentation, By Hydrogen Storage Method:
Compressed Hydrogen Storage
Liquid Hydrogen Storage
Hydrogen Buses Market Segmentation, By Fleet Size:
Large Fleets
Small to Medium Fleets
Hydrogen Buses Market Segmentation, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Top Companies in the Global Hydrogen Buses Market:
Toyota Motor Corporation
Hyundai Motor Company
Ballard Power Systems
New Flyer Industries
Van Hool
Wrightbus
Solaris Bus & Coach
SAIC Motor Corporation Limited
Proterra Inc
CAF (Construcciones y Auxiliar de Ferrocarriles)
Daimler Trucks AG
SunLine Transit Agency

1. Research Objectives and Assumptions: Research Objectives; Assumptions; Abbreviations
2. Market Purview: Report Description; Market Definition and Scope; Executive Summary; Market Snippet, By Bus Type; Market Snippet, By Fuel Cell Type; Market Snippet, By Application; Market Snippet, By Hydrogen Storage Method; Market Snippet, By Fleet Size; Market Snippet, By Region; Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis: Market Dynamics; Drivers; Environmental regulations to reduce greenhouse gas emission; Climate change commitments; Advancements in hydrogen fuel cell technology; Financial incentives and funding for development of technology; Restraints; High initial costs of hydrogen fuel buses; Lack of hydrogen infrastructure; High production Cost of Hydrogen; Technological challenges; Opportunities; Infrastructure development to increase growth of market; Innovation in hydrogen fuel cell Technology; Transitioning fleets as a beneficial alternative; Key Highlights; Regulatory Scenario; Recent Trends; Product Launches/Approvals; PEST Analysis; PORTER’s Analysis; Mergers, Acquisitions, and Collaborations
4. Global Hydrogen Buses Market – Impact of Coronavirus (COVID-19) Pandemic: COVID-19 Epidemiology; Supply Side and Demand Side Analysis; Economic Impact
5. Global Hydrogen Buses Market, By Bus Type, 2017-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; Single deck Buses; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Double deck Buses; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Articulated Buses; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. Global Hydrogen Buses Market, By Fuel Cell Type, 2017-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; Polymer Electrolyte Membrane (PEM) Fuel Cells; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Solid Oxide Fuel Cells (SOFC); Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Alkaline Fuel Cell (AFC); Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
7. Global Hydrogen Buses Market, By Application, 2017-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; City buses; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Coach/Interurban buses; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Special Buses (School Buses, Airport Buses, Mobile Film Studio Buses and Others); Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
8. Global Hydrogen Buses Market, By Hydrogen Storage Method, 2017-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; Compressed Hydrogen Storage; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Liquid Hydrogen Storage; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
9. Global Hydrogen Buses Market, By Fleet Size, 2017-2030, (US$ Bn): Introduction; Market Share Analysis, 2023 and 2030 (%); Y-o-Y Growth Analysis, 2018 – 2030; Segment Trends; Large Fleets; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn); Small to Medium Fleets; Introduction; Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
10. Global Hydrogen Buses Market , By Region, 2017-2030, (US$ Bn): Introduction; Market Share Analysis, By Sub-region, 2023 and 2030 (%); Y-o-Y Growth Analysis, For Sub-region, 2018 –2030; Country Trends; North America; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Bus Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fuel Cell Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Hydrogen Storage Method, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fleet Size, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn); U.S.; Canada; Europe; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Bus Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fuel Cell Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Hydrogen Storage Method, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fleet Size, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn); Germany; U.K.; France; Russia; Spain; Italy; Rest of Europe; Asia Pacific; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Bus Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fuel Cell Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Hydrogen Storage Method, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fleet Size, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn); China; India; Japan; Australia; South Korea; ASEAN; Rest of Asia Pacific; Latin America; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Bus Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fuel Cell Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Hydrogen Storage Method, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fleet Size, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn); Brazil; Argentina; Mexico; Rest of Latin America; Middle East and Africa; Introduction; Market Size and Forecast, and Y-o-Y Growth, By Bus Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fuel Cell Type, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Hydrogen Storage Method, 2017-2030,(US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Fleet Size, 2017-2030, (US$ Bn); Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2017-2030,(US$ Bn); GCC Countries; Israel; South Africa; North Africa; Central Africa; Rest of Middle East
11. Competitive Landscape: Company Profile; Toyota Motor Corporation; Company Highlights; Product Portfolio; Key Developments; Financial Performance; Strategies; Hyundai Motor Corporation; Ballard Power Systems; New Flyer Industries; Van Hool; Wrightbus; Solaris Bus & Coach; SAIC Motor Corporation Limited; Proterra Inc; CAF (Construcciones y Auxiliar de Ferrocarriles); Daimler Trucks AG; SunLine Transit Agency; Analyst Views
12. Section: References; Research Methodology; About us; *Browse 24 market data tables and 28 figures on "Global Hydrogen Buses Market” - Global forecast to 2030