Artificial Photosynthesis Market Size, Share & Trends Analysis Report By Technology (Co-electrolysis, Photo-electro Catalysis), By Application (Hydrocarbon, Hydrogen), By Region, And Segment Forecasts, 2024 - 2030
“2030 artificial photosynthesis market value to reach USD 190.0 million.”
Artificial Photosynthesis Market Trends
The global artificial photosynthesis market size was estimated at USD 80.8 million in 2023 and is estimated to grow at a CAGR of 13.2% from 2024 to 2030. Global focus on reductions of carbon emissions is expected to remain a key driver for the market.
With climate change becoming a critical concern, the demand for innovative and sustainable solutions to produce clean energy is expected to rise over the coming years. Artificial photosynthesis mimics the natural process of photosynthesis, offering a green technology to capture carbon dioxide from the atmosphere and convert it into useful fuels and chemicals, thereby directly addressing the need for carbon-neutral or even carbon-negative energy sources.
Global Artificial Photosynthesis Market Report Segmentation
This report forecasts revenue growth at global, country, and regional levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global artificial photosynthesis market report on the basis of technology, application, and region.
Technology Outlook (Revenue, USD Million, 2018 - 2030)
Co-electrolysis
Photo-electro catalysis
Others
Application Outlook (Revenue, USD Million, 2018 - 2030)
Hydrocarbon
Hydrogen
Chemicals
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Russia
Asia Pacific
China
India
Japan
South Korea
Central & South America
Brazil
Middle East & Africa
GCC
South Africa
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Global Artificial Photosynthesis Market Outlook