Market revenue in 2022 | USD 164.5 million |
Market revenue in 2030 | USD 1,807.0 million |
Growth rate | 34.9% (CAGR from 2022 to 2030) |
Largest segment | Stationary |
Fastest growing segment | Transportation |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Stationary, Transportation, Portable |
Key market players worldwide | Bloom Energy Corp Class A, Mitsubishi Corp, Cummins Inc, Ceres Power Holdings PLC, GE Aerospace, FuelCell Energy Inc, Kyocera Corp, Avalon Advanced Materials Inc, Niterra Co Ltd |
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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 solid oxide fuel cell market will help companies and investors design strategic landscapes.
Stationary was the largest segment with a revenue share of 89.18% in 2022. Horizon Databook has segmented the Japan solid oxide fuel cell market based on stationary, transportation, portable covering the revenue growth of each sub-segment from 2018 to 2030.
The solid oxide fuel cell market in Japan has developed at a tremendous rate and is growing at a significant rate compared to the rest of the world on account of strong government support and strategic market focus.
The Japanese fuel cell market is over 30 years old. The country’s approach to product development is in tandem with several incremental changes in fuel cell technology.
The success of solid oxide fuel cell technology in Japan is primarily the result of collaboration between institutes, industries, end users, and the government. Technological developments have played the most crucial role in the advancement of solid oxide fuel cell technology in Japan.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan solid oxide fuel cell market , including forecasts for subscribers. This country databook contains high-level insights into Japan solid oxide fuel cell market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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