Japan Green Hydrogen Market Forecast 2030: Growth Trends, Key...

Japan Green Hydrogen Market Forecast 2030: Growth Trends, Key Players & Future Outlook | MarkNtel

Posted 2025-11-05 07:56:13

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Japan Green Hydrogen Market: Key Dynamics, Size & Share Analysis

As per MarkNtel Advisors 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.

Japan Green Hydrogen Market Driver:

Growing Transportation Industry Drives Market Growth – The automobile industry in Japan has surged, due to the increasing inclination towards greener products, stringent government regulations, reduced road tax and tolls for EVs, subsidies & incentives on the purchase of electric vehicles, etc. The usage of hydrogen in the automotive such as Fused Cell Vehicles (FCEVs), long-haul trucks, hydrogen-powered buses, etc., has increased lately due to the government's push towards low carbon emissions and to attain carbon neutrality by 2050. To attain the goal, the government is offering road & toll tax relaxation to the owners of the hybrid and electric vehicles. Similarly, the government of Japan offers subsidies on the purchase of such low-emission vehicles of about USD5,700 on Battery EV (BEV), USD3,852.75 on Plug-in Hybrid EV (PHEV), and USD17,867.85 on Fuel Cell Vehicles (FCV). Apart from this, the government has also initiated hybrid and electric buses for the transportation of the public.

The increasing ownership of such vehicles increases the demand for hydrogen, as hydrogen in its gaseous form is used to generate electricity in a fuel cell. The utility of hydrogen in the automotive industry offers no release of toxins, longer run time, reduces the need for refueling, and is energy efficient. As a result, it is extensively used in greener automotive vehicles like Toyota Mirai, Hyundai NEXO, and others. Thus, the increasing consumption of hydrogen in the automotive sector has led the Japanese government to manufacture hydrogen using clean methods, reducing the environmental risk in the country.

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Japan Green Hydrogen Market Systems Market Segmentation:

-By Technology

Proton Exchange Membrane Electrolyzer– Market Size & Forecast 2020-2030, Thousand Tons
Alkaline Electrolyzer– Market Size & Forecast 2020-2030, Thousand Tons
Solid Oxide Electrolyzer– Market Size & Forecast 2020-2030, Thousand Tons
Others– Market Size & Forecast 2020-2030, Thousand Tons

-By Energy Source

Solar– Market Size & Forecast 2020-2030, Thousand Tons
Wind– Market Size & Forecast 2020-2030, Thousand Tons
Others – Market Size & Forecast 2020-2030, Thousand Tons

-By End Users

Power Generation & Energy Storage– Market Size & Forecast 2020-2030, Thousand Tons
Automotive & Transportation– Market Size & Forecast 2020-2030, Thousand Tons
Industrial Feedstock– Market Size & Forecast 2020-2030, Thousand Tons

Geographical Analysis of the Japan Green Hydrogen Market

-By Region

North
South
East
West

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Japan Green Hydrogen Market Recent Development:

2024: ENEOS Corporation, in partnership with Idemitsu Kosan and Hokkaido Electric Power Company, announced plans to build Japan’s largest domestic green hydrogen supply chain in Hokkaido. The project targets an annual production capacity of over 10,000 metric tons using a 100 MW-class water electrolyzer, leveraging renewable energy to drive regional decarbonization and industrial use.
2024: Asahi Kasei Corporation began operating a multi-module pilot plant for green hydrogen production. The facility uses four 0.8 MW alkaline water electrolysis modules as a foundational step toward developing a commercial-scale 100 MW-class system. The initiative aims to enhance Japan’s domestic production capacity and reduce reliance on imported equipment.

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Report Highlights Essential Insights for Strategic Decision-Making

Detailed market size, share, and forecast analysis
In-depth pricing trends and segment-wise cost evaluations
Key industry strategies, including innovation, partnerships, and acquisitions
Critical value chain analysis and stakeholder profiling
Regional import-export market insights and trade flow assessment
Thorough competitive benchmarking of top hearing aid manufacturers
Identification of new growth opportunities and niche market segments
Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Japan Green Hydrogen Market are:

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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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

Define objectives and research design
Collect data through surveys and interviews
Analyze and validate data using reliable tools
Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a globally recognized Industry Research Report Firm delivering in-depth insights across the energy sector, including renewable energy, oil & gas, energy storage, and power generation. As a trusted name in Market Research Reports, we provide Market Forecast assessments and Financial Services analytics that help clients understand policy shifts, technology transitions, and investment opportunities. Our data-backed Business Analysis and Export and Import Data insights empower energy producers, utilities, and investors to optimize operations and mitigate risk across diverse regions. Built on robust Syndicated Research Reports and tailored intelligence, our studies evaluate the market’s evolving dynamics at global, regional, and country levels. Through strategic Consulting Services, we enable clients to translate research into actionable strategies that accelerate sustainable energy transformation.