Press release
Japan E-Fuel Market 2021-2027: Industry Analysis, Trends, Growth, Opportunities, and Forecast
The Japan E-Fuel market is anticipated to grow at a CAGR 23.8% during the forecast period. The sale of electric vehicles in Japan has increased significantly during the forecast period. Hydrogen fuel cell based electric vehicles are another type of electric vehicles which use hydrogen as a fuel to generate electricity. As the sales of electric vehicles increase across Japan, the demand of hydrogen as a fuel for such vehicles is also expected to increase significantly thereby creating opportunity for the growth of the market over the forecast period. According to the International energy association, in 2017, 330 hydrogen re-fueling stations are in operation across the globe out of which majority are in Japan. This signifies the developed hydrogen fuel infrastructure in Japan which would further promote the growth of the market over the forecast period.To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/japan-e-fuel-market
Technological developments in Japan are paving the way for developing creative ways for development of e-fuel. For instance, Japan is using renewable methane from sewage fields in order to fulfill the demand of hydrogen in order to run a recharging station. Toyota is one of the key players which are manufacturing fuel cell-based vehicles. According to the international council of clean transportation, nearly achieving its target, Japan had a total of 90 active stations by August 2017. As per the government plans, the network will double itself by the end of 2020, in order to meet the demands created due to Tokyo Olympics. Furthermore, the government aims to twofold this number as well so as to meet the demand in the coming years.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/japan-e-fuel-market
Japan E-Fuel market is segmented on the basis of fuel type, application and state of fuel. Based on fuel type, the market is segmented into E diesel, E gasoline, ethanol and hydrogen. Based on application, the market is segmented into portable, stationary and transportation. Based on state of fuel, the market is segmented into liquid fuel and gas fuel.
The key players that are active in the market include AOC Holdings Ltd., Audi AG, Cosmo Energy Holdings, Co. Ltd, Honda Motors Co, Ltd, Idemitsu Kosan Co., Ltd, JXTG Holdings, Inc, NICHIREKI CO., LTD., Nippon Seiro Co., Ltd, Toyota Motor Corp. and Yushiro Chemical Co., Ltd among others.
Market Segmentation
Japan E-Fuel Market by Fuel Type
• E Diesel
• E Gasoline
• Ethanol
• Hydrogen
Japan E-Fuel Market by Application
• Portable
• Stationary
• Transportation
Japan E-Fuel Market by State of Fuel
• Liquid Fuel
• Gas Fuel
Company Profiles
• AOC Holdings Ltd.
• Audi AG
• Cosmo Energy Holdings, Co. Ltd
• Honda Motors Co, Ltd
• Idemitsu Kosan Co., Ltd
• JXTG Holdings, Inc
• NICHIREKI CO., LTD.
• Nippon Seiro Co., Ltd
• Toyota Motor Corp.
• Yushiro Chemical Co., Ltd
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/japan-e-fuel-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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