1 / 5

Innovations in Artificial Photosynthesis Technology: Advancing Renewable Energy

The total revenue generated by the artificial photosynthesis market was USD 63.1 million in 2022, and it will reach USD 188.9 million by 2030, proceeding at a compound annual growth rate of 14.70% in the years to come, as said by a report published by P&S Intelligence. <br>The co-electrolysis category had the largest share of revenue in the past, and it will maintain its position in the years to come at a rate of 15.6%. This is due to the fact that this technology is employed for the production of electricity, manufacturing of agricultural fertilizers, and production of hydrogen.<br>

psmarketresearch2017
Download Presentation

Innovations in Artificial Photosynthesis Technology: Advancing Renewable Energy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Artificial Photosynthesis Market : Size, Share, Growth, Development and Demand Forecast to 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  2. The total revenue generated by the artificial photosynthesis market was USD 63.1 million in 2022, and it will reach USD 188.9 million by 2030, proceeding at a compound annual growth rate of 14.70% in the years to come, as said by a report published by P&S Intelligence. The co-electrolysis category had the largest share of revenue in the past, and it will maintain its position in the years to come at a rate of 15.6%. This is due to the fact that this technology is employed for the production of electricity, manufacturing of agricultural fertilizers, and production of hydrogen. Moreover, integrated artificial photosynthesis combines extremely productive and selective CO2 electrolysis with high-efficiency solar energy for providing best systems for recycling of carbon. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/artificial- photosynthesis-market/report-sample The increasing population and the snowballing purchasing power of consumers because of the increasing per capita income are powering the increasing requirement for crops. Though, decreasing levels of arable land because of a variety of environmental, climatic, and human factors, inspire farmers and governments to competently make use of the available land for production of crops. Therefore, the requirement for fertilizers is on the rise, as they advance the productivity and growth of crops. Nitrogen fertilizer is the utmost common fertilizer used in agrarian activities. Ammonia is a building block for the making of nitrogen fertilizers. The hydrocarbons dominated the artificial photosynthesis market and it will maintain its position in the years to come with a rate of 14.9%. This is as a result of the large-scale acceptance of artificial photosynthesis that can offer society storable and renewable energy in the form of valued fuels. The requirement for green hydrogen and clean fuel has progressively increased recently, powered by increasing number of grants and funding. For example, the U.S. has promised the usage of renewable energy to for the production of green hydrogen, more economical than natural gas. North America dominated the industry, and it will continue the same way in the future too. This is because of the increasing government initiatives for provide funding for research and the increasing influence to the net zero emission plan. APAC will have the fastest growth. This will be because of the increasing demand eco-friendly liquid fuels and green hydrogen, the increasing economy together 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  3. with per capita income, the increasing company count, the snowballing acceptance of technologies for production of renewable energy, the growing concern of the government regarding emissions of carbon, the increasing need for fuel, and ammonia from the agriculture industry. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=artificial-photosynthesis-market The growing need for energy across the globe will power the demand for artificial photosynthesis even more in the years to come. The research offers market size of the global artificial photosynthesis market for the period 2017–2030. Market Segmentation by Application Hydrocarbons Hydrogen Chemicals Market Segmentation by Technology Photo-electro catalysis Co-electrolysis Others • • • • • • oNanotechnology oHybrid Process Market Segmentation by Region North America Artificial Photosynthesis Market • oBy application oBy technology oBy country – U.S. and Canada Europe Artificial Photosynthesis Market • oBy application oBy technology oBy country – Germany, France, U.K., Italy, Spain, and Rest of Europe Asia-Pacific (APAC) Artificial Photosynthesis Market • oBy application oBy technology oBy country – China, India, Japan, South Korea, Australia, and Rest of APAC Latin America (LATAM) Artificial Photosynthesis Market • oBy application 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  4. oBy technology oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Artificial Photosynthesis Market • oBy application oBy technology oBy country – Saudi Arabia, South Africa, and Rest of MEA 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

  5. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 4 ©P&SIntelligence.Allrightsreserved 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

More Related