Japan Green Hydrogen Market 2030: Executive Summary, Key Trends & Future Outlook
Future Japan Green Hydrogen Market: Key Dynamics, Size & Share Analysis
The Japan Green Hydrogen Market size was valued at around USD 85.6 Million in 2024 and is projected to reach USD 326.54 Million by 2030. Along with this, the market is estimated to grow at a CAGR of around 25% during the forecast period, i.e., 2025-30.
Top Trend Impacting the Japan Green Hydrogen Market Growth
Advancements in Electrolysis Methodologies – The advancements in technologies, membranes, techniques, etc., are evolving the green hydrogen industry. The latest electrolysis techniques, such as multi-module alkaline electrolysis, containerized solar power electrolyzers, high-pressure electrolysis, etc.
However, high-pressure electrolysis for the manufacturing of green hydrogen is gaining popularity in Japan. Its high popularity is due to the improved hydrogen purity, integration of renewable power sources such as solar, cost effective because of the elimination of the need for an external compressor. Honda partnered with Sierra Space and Tec-Masters to test different levels of pressure and its outcome. Similarly, AGC Inc. and AIST have collaborated on the usage of proton membrane under high pressure. The regular investment in the research and innovation of such technology requires more time and testing for such integrations into the sectors. Thus, the ongoing research and development further improved the teach, hence increasing the demand for power-based electrolysis in the manufacturing procedure of green hydrogen.
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Understanding the Core Segments in the Japan Green Hydrogen Market
Japan Green Hydrogen Market Size, Share & Industry Trends Analysis - By Technology (Proton Exchange Membrane Electrolyzer, Alkaline Electrolyzer, Solid Oxide Electrolyzer, Others), By Energy Source (Solar, Wind, Others), By End Users (Power Generation & Energy Storage, Automotive & Transportation, Industrial Feedstock, [Refineries & Petrochemicals, Steel & Cement Manufacturing, Others (Food & Beverage, etc.)]) and others
Geographical Analysis of the Japan Green Hydrogen Market
-By Region
- North
- South
- East
- West
Who Dominates the Japan Green Hydrogen Market Insights on Key Industry Players?
Companies are strengthening their presence in the Japan Green Hydrogen market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services
- ENEOS Corporation
- Idemitsu Kosan Co., Ltd.
- Hokkaido Electric Power Company
- Asahi Kasei Corporation
- Iwatani Corporation
- Toshiba Energy Systems & Solutions Corporation
- Toyota Motor Corporation
- Honda Motor Co., Ltd.
- CLEAN PLANET Inc.
- Mitsubishi Heavy Industries
- Others
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