Middle East & Africa Artificial Photosynthesis Market Size & Outlook
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MEA artificial photosynthesis market highlights
- The MEA artificial photosynthesis market generated a revenue of USD 1.2 million in 2023.
- The market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, co-electrolysis was the largest revenue generating technology in 2023.
- Co-electrolysis is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1.2 million |
| Market revenue in 2030 | USD 2.8 million |
| Growth rate | 12.2% (CAGR from 2024 to 2030) |
| Largest segment | Co-electrolysis |
| Fastest growing segment | Co-electrolysis |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Co-electrolysis, Photo-electro catalysis |
| Key market players worldwide | Panasonic Holdings Corp, Engie SA, Siemens Energy AG ADR, Mitsubishi Chemical Group Corp, Toshiba Corporation, FUJIFILM Holdings Corp, Toyota Motor Corp ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 1.5% of the global artificial photosynthesis market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 63.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Artificial Photosynthesis Market Scope
Artificial Photosynthesis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Toyota Motor Corp ADR | View profile | 380793 | 1 Toyota-cho, Aichi Prefecture, Toyota, Japan, 471-8571 | https://www.global.toyota |
| Siemens Energy AG ADR | View profile | 97000 | Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 | https://www.siemens-energy.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Engie SA | View profile | 97000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | https://www.engie.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Middle East & Africa artificial photosynthesis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial photosynthesis market will help companies and investors design strategic landscapes.
Co-electrolysis was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Middle East & Africa artificial photosynthesis market based on co-electrolysis, photo-electro catalysis covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of artificial photosynthesis market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa artificial photosynthesis market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa artificial photosynthesis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA artificial photosynthesis market size, by country, 2018-2030 (US$M)
Middle East & Africa Artificial Photosynthesis Market Outlook Share, 2023 & 2030 (US$M)
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