Fusion Energy Worldwide Demand Report

Ignition Research™️, a leading market analyst firm for next-generation energy solutions and applications, announces the Fusion Energy Worldwide Demand Report. This forecast evaluates and quantifies the demand drivers, government policy requirements, deployment timelines, grid integration challenges, and supply chain maturity, determining the fusion industry’s total market and revenue opportunities.

In this report, we provide insights on global energy demand of global population growth, artificial intelligence (AI), large-scale data centers, electric vehicle charging networks, Industrial heating, transportation propulsion, and high-energy manufacturing technologies with the opportunity to showcase their products and technologies. Ignition Research has produced the first fusion systems market forecast.

 

In this report, we provide a total addressable market forecast, including:

Global electricity demand and consumption analysis
Global energy demands by market (Power, EV Charging, AI Data Centers. Industrial, Heating etc.)
Forecast for power generation by source, including fusion energy market share
Projections for fusion-based power plants for electricity generation
Fusion power plant development and recurring operational cost
WEBINAR

WattsNext Webcast – 1 Million Fusion Jobs – Who Will Fill Them and Where?

Tuesday, January 14th - 12:00PM ET

Wall Street Journal reported China is training thousands of fusion energy scientists, engineers, and technicians, as highlighted in a recent Wall Street Journal report. For fusion energy to succeed and scale globally, it will require a massive, skilled workforce. Kiran Furlong, CEO of Realta Fusion, shared at the 2024 TechConnect Conference that if fusion follows the growth trajectory of wind energy, it could create hundreds of thousands of jobs. Ignition Research goes further, predicting over 1 million fusion energy jobs by 2040. 

Top Fusion Energy INdustry findings

By 2050, Ignition Research projects the Fusion Energy market will reach
$1,000,000,000,000

%

increase in AI/data center power demand by 2050.

%

of electricity power by Fusion

%

growth in electricity demand by 2050.

Fusion Energy NEWS

Fusion Industry Perspectives

“It’s the Holy Grail. It’s the mythical unicorn.”

– Mr. Benioff, CEO of Salesforce

Source: The Wall Street Journal

“We still don’t appreciate the energy needs of this technology…We need fusion at a massive scale.”

 

– Sam Altman CEO of OpenAI

Source: The Verge

“Without a multi-vendor, multi-source supply chain we don’t have a scalable fusion industry.”

 

– Shaun Walsh, Chair FIA Supply Chain Committee

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