Global Power-to-Gas Market Research Report- Forecast till 2026

Global Power-to-Gas Market Research Report- Forecast till 2026

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The global Power-to-gas market is anticipated to register a significant CAGR of 10.1% during the review period. Power to Gas is a technique of transform renewable energy into gaseous energy carriers like methane or hydrogen.

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Global Power-to-Gas Market Research Report- Forecast till 2026

Market Synopsis
The global Power-to-gas market is anticipated to register a significant CAGR of 10.1% during the review period. Power to Gas is a technique of transform renewable energy into gaseous energy carriers like methane or hydrogen. Renewable energy generation is increasing due to price reduction in power generation from wind and solar energies. The rising concerns regarding global warming and reducing dependence on fossil fuel-based power generation have surged the acceptance of solar and wind energy sources to encounter the growing energy demand. The awareness regarding environmental safety and security has propelled the market growth for renewable energy worldwide.
The demand for power-to-gas is driving due to the rising share of renewable energy in the power generation mix. The global electricity demand is expected to boost at a significant rate in the next few years owing to rapid urbanization, growing population size, evolution in infrastructure, and increased electricity usage. However, Power-to-gas systems are also a useful way of integrating renewables sources with total power generation sources. The rising need for hydrogen as fuel in automobiles is anticipated to grow at a steady rate during the assessment period. Moreover, the concerns regarding the increasing carbon emissions and the efforts to curb them result in the need to raise the share of renewable energy in the power generation mix.

Market Segmentation
The global power-to-gas market has been categorized based on technology, capacity, end-user, and region.
By technology type, the global power-to-gas market has been bifurcated into electrolysis and methanation. The electrolysis segment has been further categorized into alkaline electrolysis, polymer electrolyte electrolysis, and solid oxide electrolysis. The methanation segment is again divided into catalytic methanation and biological methanation.
In terms of capacity, the global market has been classified into less than 100 kW, 100 kW–1,000 kW, and above 1,000 kW. The end-user segment categorizes the global power to gas market into commercial, utilities, and industrial.
Regional Analysis
Geographically, the global power-to-gas market has been classified into three major regions, namely North America, Europe, and Asia-Pacific. Europe is likely to drive the largest share of the power-to-gas market due to the growing requirement for renewable energy sources and the advancements in hydrogen generation. Macquarie Group Limited (Australia) invested USD 42 billion in the evolution of solar parks in Spain, in 2019. These developments are expected to grow renewable energy generation capacity in the region. Additionally, in Germany, according to the European Council for an Energy-Efficient Economy, the country aims to generate at least 20% hydrogen from renewable energy sources by 2030. Hence, a considerable expansion in renewable energy projects is estimated to grow the requirement for power-to-gas technologies in the regional market during the review period.

Major Players
The key players in the global power-to-gas market are Mcphy Energy S.A., Siemens, Thyssenkrupp AG, Man Energy Solutions, Engie, Exytron Vertrieb GmbH, Hydrogenics, NEL ASA, Green Hydrogen Ineratec, ITM Power, Uniper SE, and Hitachi Zosen Inova AG.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENT 1 EXECUTIVE SUMMARY 1.1. MARKET ATTRACTIVENESS ANALYSIS 1.1.1. GLOBAL POWER-TO-GAS MARKET, BY TECHNOLOGY 1.1.2. GLOBAL POWER-TO-GAS MARKET, BY CAPACITY 1.1.3. GLOBAL POWER-TO-GAS MARKET, BY END USER 1.1.4. GLOBAL POWER-TO-GAS MARKET, BY REGION 2 MARKET INTRODUCTION 2.1. DEFINITION 2.2. SCOPE OF THE STUDY 2.3. MARKET STRUCTURE 3 RESEARCH METHODOLOGY 3.1. RESEARCH PROCESS 3.2. PRIMARY RESEARCH 3.3. SECONDARY RESEARCH 3.4. MARKET SIZE ESTIMATION 3.5. FORECAST MODEL 3.6. LIST OF ASSUMPTIONS 4 MARKET DYNAMICS 4.1. INTRODUCTION 4.2. DRIVERS 4.2.1. INCREASING SHARE OF RENEWABLE ENERGY IN THE POWER GENERATION MIX 4.2.2. INCREASING DEMAND FOR HYDROGEN IN TRANSPORTATION 4.3. RESTRAINTS 4.3.1. HIGH INITIAL COSTS 4.4. OPPORTUNITIES 4.4.1. MEASURES TO PROMOTE HYDROGEN PRODUCTION TECHNOLOGIES 5 MARKET FACTOR ANALYSIS 5.1. VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS 5.2. PORTER’S FIVE FORCES MODEL 5.2.1. BARGAINING POWER OF SUPPLIERS 5.2.2. BARGAINING POWER OF BUYERS 5.2.3. THREAT OF NEW ENTRANTS 5.2.4. THREAT OF SUBSTITUTES 5.2.5. INTENSITY OF RIVALRY 6 GLOBAL POWER-TO-GAS MARKET, BY TECHNOLOGY 6.1. INTRODUCTION 6.2. ELECTROLYSIS 6.2.1. ALKALINE ELECTROLYSIS 6.2.2. POLYMER ELECTROLYTE ELECTROLYSIS 6.2.3. SOLID OXIDE ELECTROLYSIS 6.3. METHANATION 6.3.1. CATALYTIC METHANATION 6.3.2. BIOLOGICAL METHANATION 7 GLOBAL POWER-TO-GAS MARKET, BY CAPACITY 7.1.1. INTRODUCTION 7.1.1.1. Less THAN 100 KW 7.1.1.2. 100 KW–1,000 KW 7.1.1.3. ABOVE 1,000 KW 8 GLOBAL POWER-TO-GAS MARKET, BY END USER 8.1. INTRODUCTION 8.2. COMMERCIAL 8.3. UTILITIES 8.4. INDUSTRIAL 9 GLOBAL POWER-TO-GAS MARKET, BY REGION 9.1. INTRODUCTION 9.2. NORTH AMERICA 9.2.1. US 9.2.2. CANADA 9.2.3. MEXICO 9.3. EUROPE 9.3.1. GERMANY 9.3.2. DENMARK 9.3.3. UK 9.3.4. FRANCE 9.3.5. SWITZERLAND 9.3.6. SPAIN 9.3.7. REST OF EUROPE 9.4. ASIA-PACIFIC 9.4.1. CHINA 9.4.2. JAPAN 9.4.3. AUSTRALIA 9.4.4. REST OF ASIA-PACIFIC 10 COMPETITIVE LANDSCAPE 10.1. INTRODUCTION 10.2. COMPETITIVE OVERVIEW 10.3. COMPETITIVE BENCHMARKING 10.4. MARKET SHARE ANALYSIS 11 COMPANY PROFILES 11.1. MCPHY ENERGY S.A. 11.1.1. COMPANY OVERVIEW 11.1.2. FINANCIAL OVERVIEW 11.1.3. PRODUCTS/INSTALLATIONS OFFERED 11.1.4. KEY DEVELOPMENTS 11.1.5. SWOT ANALYSIS 11.1.6. KEY STRATEGIES 11.2. SIEMENS 11.2.1. COMPANY OVERVIEW 11.2.2. FINANCIAL OVERVIEW 11.2.3. PRODUCTS/INSTALLATIONS OFFERED 11.2.4. KEY DEVELOPMENTS 11.2.5. SWOT ANALYSIS 11.2.6. KEY STRATEGIES 11.3. THYSSENKRUPP AG 11.3.1. COMPANY OVERVIEW 11.3.2. FINANCIAL OVERVIEW 11.3.3. PRODUCTS/INSTALLATIONS OFFERED 11.3.4. KEY DEVELOPMENTS 11.3.5. SWOT ANALYSIS 11.3.6. KEY STRATEGIES 11.4. HYDROGENICS 11.4.1. COMPANY OVERVIEW 11.4.2. FINANCIAL OVERVIEW 11.4.3. PRODUCTS/INSTALLATIONS OFFERED 11.4.4. KEY DEVELOPMENTS 11.4.5. SWOT ANALYSIS 11.4.6. KEY STRATEGIES 11.5. NEL ASA 11.5.1. COMPANY OVERVIEW 11.5.2. FINANCIAL OVERVIEW 11.5.3. PRODUCTS/INSTALLATIONS OFFERED 11.5.4. KEY DEVELOPMENTS 11.5.5. SWOT ANALYSIS 11.5.6. KEY STRATEGIES 11.6. GREEN HYDROGEN 11.6.1. COMPANY OVERVIEW 11.6.2. FINANCIAL OVERVIEW 11.6.3. PRODUCTS/INSTALLATIONS OFFERED 11.6.4. KEY DEVELOPMENTS 11.6.5. SWOT ANALYSIS 11.6.6. KEY STRATEGIES 11.7. INERATEC 11.7.1. COMPANY OVERVIEW 11.7.2. FINANCIAL OVERVIEW 11.7.3. PRODUCTS/INSTALLATIONS OFFERED 11.7.4. KEY DEVELOPMENTS 11.8. ITM POWER 11.8.1. COMPANY OVERVIEW 11.8.2. FINANCIAL OVERVIEW 11.8.3. PRODUCTS/INSTALLATIONS OFFERED 11.8.4. KEY DEVELOPMENTS 11.9. UNIPER SE 11.9.1. COMPANY OVERVIEW 11.9.2. FINANCIAL OVERVIEW 11.9.3. PRODUCTS/INSTALLATIONS OFFERED 11.9.4. KEY DEVELOPMENTS 11.10. MAN ENERGY SOLUTIONS 11.10.1. COMPANY OVERVIEW 11.10.2. FINANCIAL OVERVIEW 11.10.3. PRODUCTS/INSTALLATIONS OFFERED 11.10.4. KEY DEVELOPMENTS 11.11. ENGIE 11.11.1. COMPANY OVERVIEW 11.11.2. FINANCIAL OVERVIEW 11.11.3. PRODUCTS/INSTALLATIONS OFFERED 11.11.4. KEY DEVELOPMENTS 11.12. EXYTRON VERTRIEB GMBH 11.12.1. COMPANY OVERVIEW 11.12.2. FINANCIAL OVERVIEW 11.12.3. PRODUCTS/INSTALLATIONS OFFERED 11.12.4. KEY DEVELOPMENTS 11.13. HITACHI ZOSEN INOVA AG 11.13.1. COMPANY OVERVIEW 11.13.2. FINANCIAL OVERVIEW 11.13.3. PRODUCTS/INSTALLATIONS OFFERED 11.13.4. KEY DEVELOPMENTS

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