Press release
Fuel Cell Buses Market Size - Forecast to 2026
Fuel Cell Buses Market
Browse TOC on “Global Fuel Cell Buses Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-fuel-cell-buses-market-3281
By Component (Fuel Stack, Fuel Processor, Power Conditioner, Air Compressor, Humidifier), By Power Output (Upto 400 KWH, Above 400 KWH), By Deployment (Battery Dominant, On Route Charge, Plug-in Charge), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-fuel-cell-buses-market-3281
Fuel Cell Buses are gaining high popularity in the past few years. Increasing preference for energy-efficient vehicles along with the necessity to reduce air pollution are major factors to drive the overall fuel cell bus demand. The rising necessity to upgrade buses to promote public transportation in countries with heavy road traffics will positively influence the industry expansion.
Above 400 KWH dominated the power output segment
Implementation of zero-emission vehicles in public transportation to streamline numerous aspects such as on-road traffic load, pollution control, and enhanced vehicles are major causes to positively drive the penetration of large seating capacity buses in the industry.
Battery dominant deployment holds high potential in the coming years
The global fuel cell bus market is seeing high penetration and deployment of battery dominant vehicles in public transportation. Cost efficiency, long-term suitability, flexibility, and compatibility are prime factors to induce penetration in this segment.
Asia Pacific led the regional revenue
The Asia Pacific fuel cell buses market dominated the regional share and accounted for around 35% of the industry revenue in 2019. China, Japan, South Korea, and Australia are among the key contributing nations. A high preference towards zero-emission vehicles accompanied by the presence of various international investors to capitalize on electric vehicles will drive regional demand. Also, rising requirements to standardize public transportation on roads and campuses will help in integrating the overall market.
Collaboration with the public transportation bodies and cost optimization are the prime strategies
The major participants in the fuel cell buses industry include SunLine Transit, New Flyer Industries, Wuhan Skywell, NovaBus Corporation, Wuhan Tiger, EvoBus, Van Hool, MAN, Hino Motors Ltd., Caetano Bus, Rampini, Alexander Dennis, Safra, URSUS Bus, Solaris, VDL, Wrightbus, Dolomitech, Hyundai, TATA, Skoda, Mercedez, Flixbus, and Hyzon Motors.
Global fuel cell buses company market share is niche and concentrated in nature. Partnering with the government to deploy the vehicles and continuous technological advancement to improvise the vehicle performance and purpose are prime strategies seen in the industry.
Component Outlook (Revenue, USD Million, 2021-2026)
• Fuel stack
• Fuel processor
• Power conditioner
• Air compressor
• Humidifier
Power Output Outlook (Revenue, USD Million, 2021-2026)
• Up to 400 KWH
• Above 400 KWH
Deployment Outlook (Revenue, USD Million, 2021-2026)
• Battery dominant
• On route charge
• Plug in charge
Regional Outlook (Revenue, USD Million, 2021-2026)
North America
• U.S.
• Canada
Europe
• Germany
• UK
• France
• Italy
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
Latin America
• Brazil
• Mexico
Middle East & Africa
• Saudi Arabia
• UAE
• South Africa
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fuel Cell Buses Market Size - Forecast to 2026 here
News-ID: 2307363 • Views: …
More Releases from Global Market Estimates Research & Consultants
Global Flare Monitoring Market Size & Trends
According to a new market research report published by Global Market Estimates, the global flare monitoring market is expected to grow at a CAGR of 6.5% from 2024 to 2029.
Global flare monitoring market growth is driven by factors such as safety and risk management and growing emphasis on reduction of emissions.
Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release
Key Market Insights
• As per…
Global Fiber Optic Component System Market Size & Trends
According to a new market research report published by Global Market Estimates, the global fiber optic component system market is expected to grow at a CAGR of 8.46 % from 2024 to 2029.
Global fiber optic component system market growth is driven by factors such as growing demand for safety regulations and technological developments.
Unlock the Executive Summary of the report at only USD 249. Book a call now: https://tidycal.com/yashsushiljain/unlock-strategic-insights-press-release
Key Market…
Global Rechargeable Battery Market Size & Trends
According to a new market research report published by Global Market Estimates, the global rechargeable battery market is expected to grow at a CAGR of 15.4% from 2024 to 2029.
Rechargeable batteries have been growing in popularity due to their inherent superiority over disposable batteries in environmental pollution. As rechargeable batteries can be recharged after every use, they cause much lower environmental degradation as compared to disposable batteries, which are discarded…
Global Asset Management Solution Market Size & Trends
According to a new market research report published by Global Market Estimates, the global asset management solution market is projected to grow at a CAGR of 35.1% from 2024 to 2029.
The growth of the global asset management solution market is driven by increasing demand for efficient and automated asset tracking and management, the growing need for compliance and risk management in various industries (IoT), and the expanding adoption of cloud-based…
More Releases for Fuel
Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels…
Fuel Card Market to 2027 - Global Analysis and Forecasts By Type (Branded Fuel C …
The global fuel card market is estimated to account US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027.
Request Sample Pages of “Fuel Card Market” Research Report @ www.theinsightpartners.com/sample/TIPRE00003099/?utm_source=openpr&utm_medium=10387
Fuel Card Market: Key Insights
Fuel Card Market Size 2021, by manufacturer, region, types, and application, forecast till 2028 is analyzed and researched on…
Solid Oxide Fuel Cell Market Revenue And In-Depth Analysis 2028 | Atrex Energy, …
This detailed market study focuses on data from different primary and secondary sources, and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global solid oxide fuel cell market.
According to the report, the growing implementation of solid oxide fuel cells in information centers is expected to…
Clean Fuel Technology Market – Development Assessment 2025 | Clean Fuel Develo …
Global Clean Fuel Technology Market: Overview
Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable…
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction
A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions…
Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fu …
Researchmoz added Most up-to-date research on "Fuel Cells Sales In Global Market: By Product Type - Proton Exchange Membrane Fuel Cells (PEMFC), Direct Methanol Fuel Cells (DMFC) & Solid Oxide Fuel Cells (SOFC)" to its huge collection of research reports.
In this report, the global Fuel Cells market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at…
