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.

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.

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.

Research Methodology

The market study of the Japan E-Fuel market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Japan   E-Fuel Market Research and Analysis by Fuel Type
2. Japan   E-Fuel Market Research and Analysis by Application
3. Japan   E-Fuel Market Research and Analysis by State of Fuel

The Report Covers

• Comprehensive research methodology of the Japan E-Fuel market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Japan E-Fuel market.
• Insights about market determinants which are stimulating the Japan E-Fuel market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.