On June 10, Yano Research Institute (Nakano-ku, Tokyo) published a market size forecast for domestic hydrogen energy systems and equipment. The market size (in currency) of new devices and systems introduced in the relevant fiscal year is predicted to increase to 112.3 billion Yen in 2025 and 663.3 billion Yen in 2030 .
Market size forecast for hydrogen energy systems and equipment
(Source: Yano Research Institute)
In Japan, hydrogen is used as energy mainly in household fuel cells (Ene-Farm) and fuel cell vehicles (FCV). Since the government announced "carbon neutrality by 2050" in October 2020, attention to hydrogen has increased and the technological development of hydrogen combustion technology for commercial and industrial equipment is Equipped with fuel cells, burners and other combustion devices are progressing. Leading companies are undertaking demonstration projects to verify performance in real environments, collect operational data and accumulate maintenance know-how.
Additionally, in the logistics sector, it is likely that hydrogen usage will increase due to shippers' CO2 reduction needs and local government policies, fuel cell trucks, forklifts, cranes, etc. is being developed. Fuel cell trucks have been tested on real delivery routes and based on the results, there are moves to consider expanding the testing area and introducing more vehicles. There are cases where local governments where logistics facilities are located have introduced measures to promote the introduction of fuel cell forklifts and cranes.
As product development of these hydrogen-powered devices and systems progresses, companies and user organizations face the challenge of securing hydrogen procurement volumes and costs. Stable purchasing fees. Currently, construction of the hydrogen supply chain is still underway and it is expected that it will take some time before a market environment is created in which large quantities of hydrogen can be economically purchased.
In the 2020s, it is expected that there will be a certain demand for hydrogen energy equipment and systems that can flexibly choose power and fuel sources depending on the amount of hydrogen that can be purchased and the cost. shopping fee. To meet this need, cargo handling equipment that can replace fossil fuel power generation equipment with fuel cells and combustors that can simultaneously burn hydrogen and other fuels has been introduced. introduction.
From the 2030s onwards, the amount of purchasable hydrogen is expected to increase and procurement costs will decrease more than in the 2020s, while the market size is expected to grow steadily . The market size is predicted to be 1,076.5 billion yen in 2035, 2,040.1 billion yen in 2040 and 3,335 billion yen in 2050.
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