Japan Green Hydrogen Market Size, Demand & Growth 2025-2033

yoshio00757
Sep 1
3 min read

Green Hydrogen Market - Japan

Market Statistics

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024: USD 85.6 Million

Market Forecast in 2033: USD 734 Million

Market Growth Rate: 27.00% (2025-2033)

According to the latest report by IMARC Group, "The Japan green hydrogen market size was valued at USD 85.6 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 734 Million by 2033, exhibiting a CAGR of 27.00% from 2025-2033."

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Japan Green Hydrogen Industry Trends and Drivers:

The green hydrogen market in Japan is registering impressive growth owing to the ambitious targets of carbon neutrality as well as strategic energy transition policies adopted by the country. The integration of green hydrogen is at the forefront of the national energy strategy, owing to the government intention to achieve net-zeros by the year 2050. The large-scale renewable energy infrastructure Japan is developing, especially offshore wind and solar, is establishing supportive conditions to generate green hydrogen by electrolysis. The high technological capacities in producing electrolyzers and the fuel cell system are improving the cost and production efficiencies in the country. Moreover, green hydrogen is an appealing alternative source of energy security and independence due to the lack of domestic fossil fuel resources in Japan and overdependence on energy imports.

The market is also driven by the robust government subsidies, tax incentives and National Hydrogen Strategy that seeks to position Japan as a global hydrogen hub. The adoption is being fueled by industrial demand in steel production, chemicals and refining sectors, and new markets are being developed in the transportation sector, especially hydrogen fuel cell vehicles and maritime applications. Coupled with importation of hydrogen internationally as well as domestic production up-scaling, this is enabling the market to grow. Green hydrogen is becoming more competitive as the price of renewable electricity and the development of electrolyzers are dropping. Moreover, Japan's expertise in hydrogen storage, transportation infrastructure, and fuel cell technology positions the country as a leader in the global hydrogen economy transition.

Japan Green Hydrogen Market Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Japan green hydrogen market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Analysis by Technology:

Proton Exchange Membrane Electrolyzer
Alkaline Electrolyzer
Others

Analysis by Application:

Power Generation
Transport
Others

Analysis by Distribution Channel:

Pipeline
Cargo

Regional Insights:

Kanto Region
Kinki Region
Central/ Chubu Region
Kyushu-Okinawa Region
Tohoku Region
Chugoku Region
Hokkaido Region
Shikoku Region

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Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Japan green hydrogen industry.

Key highlights of the Report:

Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter's Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact:

Street: 563-13 Kamien

Area: Iwata

Country: Tokyo Japan

Postal Code: 4380111

Email: sales@imarcgroup.com