Fusion Energy Demand Market Report 2024

by | Aug 1, 2024

Ignition Research, a leading market analysis firm for next-generation energy solutions and their applications announces our Fusion Energy and Electricity Demand Forecasts. The beta version of the Fusion Energy Worldwide Demand Market Report forecasts the worldwide demand for electricity and the projected adoption of fusion energy within the worldwide electricity market. The forecast extends from 2025 through 2050 in 5-year increments. It provides a breakdown by key markets driving significant power demands (industrial, AI/Data Centers, EVs, air-conditioning, and EVs) and breaks down this data by major geographical regions.

The Fusion Energy Worldwide Demand Report provides the following data:

  • 79% Growth in Electricity Demand: Factors increasing electricity forecasts from the US Energy Information Agency (US-EIA) and the International Energy Agency (IEA) up to 79% growth by 2050.
  • 24% of Electricity Power by Fusion: Fusion energy market adoption and estimates that electricity generated from fusion will be up to 23.9% of WW electricity generation by 2050.
  • Fusion Power Systems Forecast: Forecast for utility-level 1GW power plants required to meet the net gains in 247/ power generation in 5-year increments.
  • Target Industries for Fusion: Electricity generation, EV charging, AI & data centers, industrial (steel, plastics, etc.), and heating (facilities and manufacturing.)
  • Key Geographies: United States & Canada, China, India, Rest of Asia, E/W Europe, Eurasia, Russia, Africa/Middle East, Japan/Korea, Australia/New Zealand and Latin America (Mex, C/S America.)

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