Hydrogen Buses Market
Hydrogen Buses Market - Global Industry Assessment & Forecast
Segments Covered
- By Technology Proton Exchange Membrane Fuel Cells, Direct Methanol Fuel Cells, Phosphoric Acid Fuel Cells, Zinc-Air Fuel Cells, Solid Oxide Fuel Cells
- By Power Output <150 KW, 150–250 KW, >250 KW
- By Transit Bus Model 30-Foot Transit Bus, 40-Foot Transit Bus, 60-Foot Transit Bus
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 7.8 Billion |
Revenue 2030: | USD 49.2 Billion |
Revenue CAGR (2023 - 2030): | 30.1% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Hydrogen Buses Market Segment Analysis
- Hydrogen Buses Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Hydrogen Buses Power Output Outlook (Revenue, USD Million, 2018 - 2030)
- <150 KW
- 150–250 KW
- >250 KW
- Hydrogen Buses Transit Bus Model Outlook (Revenue, USD Million, 2018 - 2030)
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
-
North America Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
-
North America Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- U.S.
- U.S. Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- U.S. Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- U.S. Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- U.S. Hydrogen Buses Market, by Technology
- Canada
- Canada Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Canada Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Canada Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Canada Hydrogen Buses Market, by Technology
-
Mexico
- Mexico Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Mexico Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Mexico Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Mexico Hydrogen Buses Market, by Technology
-
North America Hydrogen Buses Market, by Technology
- Europe
-
Europe Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
-
Europe Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
-
Europe Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- U. K.
- U.K. Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- U.K. Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- U.K. Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- U.K. Hydrogen Buses Market, by Technology
- France
- France Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- France Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- France Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- France Hydrogen Buses Market, by Technology
-
Germany
- Germany Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Germany Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Germany Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Germany Hydrogen Buses Market, by Technology
-
Italy
- Italy Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Italy Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Italy Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Italy Hydrogen Buses Market, by Technology
-
Spain
- Spain Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Spain Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Spain Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Spain Hydrogen Buses Market, by Technology
-
Rest of Europe
- Rest of Europe Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Rest of Europe Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Rest of Europe Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Rest of Europe Hydrogen Buses Market, by Technology
-
Europe Hydrogen Buses Market, by Technology
- Asia Pacific
-
Asia Pacific Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
-
Asia Pacific Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
-
Asia Pacific Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- China
- China Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- China Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- China Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- China Hydrogen Buses Market, by Technology
- Japan
- Japan Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Japan Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Japan Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Japan Hydrogen Buses Market, by Technology
-
Germany
- Germany Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Germany Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Germany Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Germany Hydrogen Buses Market, by Technology
-
India
- India Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- India Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- India Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- India Hydrogen Buses Market, by Technology
-
South Korea
- South Korea Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- South Korea Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- South Korea Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- South Korea Hydrogen Buses Market, by Technology
-
South East Asia
- South East Asia Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- South East Asia Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- South East Asia Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- South East Asia Hydrogen Buses Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Rest of Asia Pacific Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Rest of Asia Pacific Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Rest of Asia Pacific Hydrogen Buses Market, by Technology
-
Asia Pacific Hydrogen Buses Market, by Technology
- Latin America
-
Latin America Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
-
Latin America Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
-
Latin America Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Brazil
- Brazil Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Brazil Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Brazil Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Brazil Hydrogen Buses Market, by Technology
- Argentina
- Argentina Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Argentina Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Argentina Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Argentina Hydrogen Buses Market, by Technology
-
Rest of Latin America
- Rest of Latin America Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Rest of Latin America Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Rest of Latin America Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Rest of Latin America Hydrogen Buses Market, by Technology
-
Latin America Hydrogen Buses Market, by Technology
- Middle East & Africa
-
Middle East & Africa Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
-
Middle East & Africa Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
-
Middle East & Africa Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- GCC Countries
- GCC Countries Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- GCC Countries Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- GCC Countries Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- GCC Countries Hydrogen Buses Market, by Technology
- South Africa
- South Africa Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- South Africa Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- South Africa Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- South Africa Hydrogen Buses Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Hydrogen Buses Market, by Technology
- Proton Exchange Membrane Fuel Cells
- Direct Methanol Fuel Cells
- Phosphoric Acid Fuel Cells
- Zinc-Air Fuel Cells
- Solid Oxide Fuel Cells
- Rest of Middle East & Africa Hydrogen Buses Market, by Power Output
- <150 KW
- 150–250 KW
- >250 KW
- Rest of Middle East & Africa Hydrogen Buses Market, by Transit Bus Model
- 30-Foot Transit Bus
- 40-Foot Transit Bus
- 60-Foot Transit Bus
- Rest of Middle East & Africa Hydrogen Buses Market, by Technology
-
Middle East & Africa Hydrogen Buses Market, by Technology
- North America
FAQ
Frequently Asked Question
What is the global demand for Hydrogen Buses in terms of revenue?
-
The global Hydrogen Buses valued at USD 7.8 Billion in 2022 and is expected to reach USD 49.2 Billion in 2030 growing at a CAGR of 30.1%.
Which are the prominent players in the market?
-
The prominent players in the market are Tata Motors Limited (India), Thor Industries (U.S.), Hyundai (South Korea), Ballard Power Systems (Canada), Nova Bus Corporation (Canada), New Flyer Industries Ltd (Canada), Evo Bus (Germany), Hino Motors Ltd. (Japan), SunLine Transit Agency (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 30.1% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Hydrogen Buses include
- Low operational cost
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Hydrogen Buses in 2022.