Fuel Cell Electric Bus Market Share

Statistics for the 2023 & 2024 Fuel Cell Electric Bus market share, created by Mordor Intelligence™ Industry Reports. Fuel Cell Electric Bus share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Fuel Cell Electric Bus Industry

The major players in the market for fuel cell buses include Tata Motors Limited, Fuji Electric, SAFRA, Nuvera, and Proton Motor Fuel Cell GmbH. IVECO Group, Cummins Inc., Ballard Power Systems, NovaBus Corporation, New Flyer Industries Ltd., EvoBus, MAN, Van Hool, Hino Motors Ltd., and SunLine Transit Agency.

Many other players are partnering with players to develop fuel cell electric vehicle technology. For instance,

  • In July 2022, Hyundai partnered with truck and bus maker Iveco Group to provide hydrogen fuel-cell systems for buses in Europe. According to the bus business unit of Iveco, the company planned to produce more than 3,000 zero- and low-emission buses at its plant in Foggia, southern Italy, beginning in 2023.

Fuel Cell Electric Bus Market Leaders

  1. Ballard Power Systems

  2. Nuvera Fuel Cells LLC

  3. New Flyer Industries

  4. Tata Motors Ltd

  5. EvoBus GmbH

*Disclaimer: Major Players sorted in no particular order

Fuel Cell Electric Bus Market Concentration

Fuel Cell Electric Bus Market Report Snapshots

Fuel Cell Electric Bus Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)