GLOBAL HYDROGEN FUEL CELL EXCAVATOR MARKET
INTRODUCTION
An excavator powered by a hydrogen fuel cell system as opposed to conventional diesel engines or electric motors is referred to as a hydrogen fuel cell excavator. It uses a chemical reaction inside the fuel cell to produce energy using hydrogen as the fuel source. The excavator’s electric motor is then driven by this electricity, driving the machine’s mechanical parts and enabling operation.
An excavator powered by hydrogen fuel cells has the following important features: Hydrogen Fuel Cell Stack: The system’s central element is the fuel cell stack. It is made up of several separate fuel cells that use airborne hydrogen and oxygen to electrochemically produce energy.
Storage of Hydrogen: Depending on the design, hydrogen fuel is kept on board in high-pressure tanks or as a metal hydride substance. When a fuel cell stack is needed to produce power, the hydrogen that has been stored is subsequently fed into it.
Power Conversion and Distribution: The electric motor that powers the excavator’s hydraulic system and other mechanical parts is converted and regulated from the electricity generated by the fuel cell stack. The machine’s power is used effectively thanks to the power distribution system.
Electric Motor and Hydraulics: The excavator’s mechanical operations, such as relocating the boom, bucket, and tracks, are powered by an electric motor. The electric motor drives the hydraulic system, which provides the force and control required for excavation activities.
Hydrogen fuel cell excavators have the following advantages: Zero Emissions: Since water vapour is the only result of the fuel cell system, hydrogen fuel cell excavators emit no harmful emissions while in operation. As a result, they are environmentally beneficial and help lower greenhouse gas emissions and air pollution.
Excavators fueled by hydrogen fuel cells run more quietly than those driven by conventional diesel engines. The absence of an internal combustion engine results in a quieter working environment because engine noise and vibration are reduced.
Efficiency and Performance: The excellent energy efficiency of hydrogen fuel cell systems enables longer operating times and enhanced overall performance. They provide comparable or better performance to traditional excavators thanks to their reliable power delivery and ability to maintain high torque levels.
Hydrogen fuel cell excavators may be refuelled fast, similarly to refuelling diesel-powered machines. Fuel Flexibility and Fast Refuelling. As hydrogen can be produced from a variety of sources, including renewable energy, they have the benefit of fuel flexibility, helping to create a more sustainable energy supply chain.
Enhanced Durability and Maintenance: Compared to internal combustion engines, hydrogen fuel cell systems have fewer moving components, which results in less wear and tear and less frequent maintenance needs. Longer machine life and less downtime for maintenance are possible outcomes of this.
GLOBAL HYDROGEN FUEL CELL EXCAVATOR MARKET SIZE AND FORECAST
The Global Hydrogen Fuel Cell Excavator market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
A hydrogen fuel cell and important Komatsu-developed components are combined in a concept machine for a medium-sized hydraulic excavator. By moving on with the PoC (Proof of Concept) tests, Komatsu claims it will hasten its attempts to start manufacturing medium- and large-sized pieces of construction machinery using hydrogen fuel cells.
As part of its commitment to minimising environmental impact, Komatsu set a challenge goal of becoming carbon neutral by 2050 and a target of a 50% reduction in CO2 emissions from the use of its products and the manufacturing of its equipment by 2030 (compared to 2010 levels).
Komatsu offers a range of goods, solutions, and services that lessen the negative effects on the environment, including hybrid hydraulic excavators and electric micro excavators, to assist its clients in becoming carbon neutral. Additionally, Komatsu conducts research and development to create goods with novel power sources.
For the concept machine, Komatsu equipped a medium-sized hydraulic excavator with a hydrogen fuel cell system and hydrogen tank made by Toyota Motor Corporation.
Komatsu is working towards zero exhaust emissions and a significant reduction in noise and vibration, while delivering the same powerful digging performance and high operability as engine-driven excavators. This effort is made possible by Komatsu’s comprehensive control technology, the combination of Toyota’s hydrogen fuel cell system and Komatsu key components.
COMPANY PROFILE
- Hyundai Construction Equipment
- Doosan Group
- JCB
- Komatsu
- Toyota Systems
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many Hydrogen Fuel Cell Excavators are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- Cost breakup of a Global Hydrogen Fuel Cell Excavator and key vendor selection criteria
- Where is the Hydrogen Fuel Cell Excavator manufactured? What is the average margin per unit?
- Market share of Global Hydrogen Fuel Cell Excavator market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Global Hydrogen Fuel Cell Excavator in-house
- key predictions for next 5 years in Global Hydrogen Fuel Cell Excavator market
- Average B-2-B Hydrogen Fuel Cell Excavator market price in all segments
- Latest trends in Hydrogen Fuel Cell Excavator market, by every market segment
- The market size (both volume and value) of the Hydrogen Fuel Cell Excavator market in 2023-2030 and every year in between?
- Production breakup of Hydrogen Fuel Cell Excavator market, by suppliers and their OEM relationship
