Global Power-to-Gas Market Research Report Information 
                     GLOBAL POWER-TO-GAS 
MARKET RESEARCH Forecast till 2025
REPORT INFORMATION
MARKET SYNOPSIS
 As per the analysis by the Market Research Future Reports (MRFR), the global power-to-
gas market is estimated to expand with a CAGR of 9.46% and attaining a value of 
approximately USD 43.3 billion by 2025.
 The most important factors influencing the market are the increasing usage of hydrogen 
gas and the rising demand for renewable energy in the industrial and transportation 
segment. The increasing concern towards the environment has aided the market to 
expand at a global level. The large firms are focusing on being in partnership with end-
users and the establishment of power-to-gas projects to reduce dependency on fossil 
fuels, and to lessen the carbon emission. Several initiatives have been taken to use 
hydrogen as a fuel and which makes a considerable contribution towards decarbonization 
of electricity. The power-to-gas market is likely to thrive at a high CAGR during the review 
period. However, low energy efficiency and enormous capital investment are likely to 
cause hindrance in the growth of the market during the review period.
REGIONAL ANALYSIS
  The regional analysis of the Middle East & Africa, North America, Europe, Asia-Pacific, 
and South America has been performed. As per the analysis, the European market is 
the most lucrative market for the power-to-gas sector. It acquires the largest market 
share owing to the increasing consumption in power and increasing renewable 
sources share in Europe’s total energy generation mix in the region. The European 
market is dominated by Germany. In North America, the United States is likely to be 
the swiftest developing country in the power-to-gas market due to the new projects 
rising in the country. In the MEA, Saudi Arabia is expected to the fastest developing 
country in the power-to-gas market due to the increasing share of renewable energy 
in the nation. Moreover, the Saudi Arabian government has set a target of reducing 
130 million tons of CO2 emission by the year 2030. These initiatives taken by the 
government creates demand for the power-to-gas market. These are the most critical 
factors driving the demand for power-to-gas in MEA during the review period.
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KEY PLAYERS
 The most important players in the worldwide power-to-gas market 
are Siemens (Germany), Uniper SE (Germany), Hydrogenics 
(Canada), Ineratec GmbH (Germany), MicroPyros GmbH (Germany), 
McPhy Energy S.A. (France), Hitachi (Japan), MAN Energy Solutions 
(Germany), Omron (Japan), Toshiba (Japan), Rockwell (U.S.), Power-
to-Gas Hungary Kft. (Hungary), Avalon (Germany), Electrochaea 
GmbH (Germany), GreenHydrogen (Denmark), NEL (Norway), and 
Engie (France).
MARKET SEGMENTATION
 The worldwide power-to-gas market is segregated on the grounds of the region, 
technology, end-user, and capacity.
 On the basis of region, the global power-to-gas market can be classified into  North 
America, the Middle East, and Africa,  South America, Europe, and the Asia Pacific.
 On the basis of technology, the global power-to-gas market can be classified into 
methanation and electrolysis. The electrolysis vertical is estimated to lead the market at 
a global level and is projected to thrive with the maximum CAGR.
 On the basis of end-user, the global power-to-gas market can be classified into 
commercial, industrial, and utilities. The utility vertical is likely to acquire the maximum 
share of the market during the review period.
 On the basis of capacity, the global power-to-gas market can be classified into lesser 
than 100 KW, 100 KW – 1000 KW, and more than 1000 KW.
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