The global power-to-gas market size reached US$ 39.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 92.9 Million by 2032, exhibiting a growth rate (CAGR) of 9.78% during 2024-2032. More Info:- https://www.imarcgroup.com/power-to-gas-market

1. Global Power-to-gas
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Power-to-gas Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global power-to-gas market size reached US$ 39.2 Million in
2023.
Power-to-gas (P2G) is a technology that converts excess electrical power,
especially from renewable sources like wind or solar, into a gaseous fuel such
as hydrogen or methane. This transformation facilitates the storage and
transport of energy, offering a solution to the intermittent nature of renewable
energy sources. Characteristics of P2G technology include its adaptability and
efficiency in integrating different energy sectors. It serves as a bridge between
the electricity and gas networks, allowing the conversion of electrical energy
into a form that can be easily stored in the existing natural gas infrastructure.
This cross-sector coupling supports grid stabilization and offers flexibility in
energy management. The key features of power-to-gas involve the utilization of
electrolysis to split water into hydrogen and oxygen, with the hydrogen
potentially being further converted into methane. This process provides a
means to store excess renewable energy for later use, either as fuel or for
reconversion to electricity. Furthermore, P2G can contribute to reducing carbon
emissions by replacing fossil fuels with synthetic gases produced from
renewable sources. The technology aligns well with sustainable energy goals
and is becoming an essential component in the transition towards a cleaner,
more resilient energy system. Its multifaceted applications, including
transportation, industrial usage, and heating, highlight its significance in the
evolving energy landscape.
Request for a PDF sample of this report: https://www.imarcgroup.com/power -
to-gas-market/requestsample

4. Report Description
Global Pow er-to-gas Market Trends:
The significant shift toward renewable energy sources and sustainable practices is a key factor driving the growth
of the power-to-gas market. Moreover, power-to-gas, a technology that converts electrical power into a gaseous
fuel, is instrumental in the integration of renewable energy, ensuring balance and flexibility in energy systems. In
addition to this, the innovative use of power-to-gas in energy storage, fuel transportation, and grid stabilization is
acting as a catalyst for market growth. Besides this, the rising demand for efficient energy storage solutions and
the need for reducing greenhouse gas (GHG) emissions are fueling the market growth. Additionally, technological
breakthroughs, such as sophisticated electrolysis processes employing state-of-the-art systems to enhance
conversion efficiency, are contributing to market expansion. Along with this, the implementation of smart grids and
intelligent management systems in power-to-gas operations, aimed at maximizing energy utilization and
minimizing losses, is significantly aiding the growth of the market. Furthermore, the strategy of partnering with
advanced energy research institutes to accelerate development and adoption is fostering market growth. Other
factors such as growing governmental support for renewable energy initiatives, focused investment in research
and technological evolution, and the rising importance of power-to-gas in global energy landscape, are creating a
favorable outlook for the power-to-gas market worldwide.
Looking forward, IMARC Group expects the market to reach US$ 92.9 Million by 2032, expanding at a
grow th rate (CAGR) of 9.78% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/power-to-gas-market

5. Report
Segmentation
Technology Insights:
• Electrolysis
• Methanation
Capacity Insights:
• Less Than 100 kW
• 100–999 kW
• 1000 kW and Above
Use Case Insights:
• Wind
• Solar
• Biomass

6. Report
Segmentation
Application Insights:
• Residential
• Commercial
• Utility
Regional Insights:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• Electrochaea GmbH
• Exytron GmbH
• Hitachi Zosen Inova AG (Hitachi Zosen
Corporation)
• Ineratec GmbH
• ITM Power plc
• McPhy Energy SAS
• MicroPyros BioEnerTec GmbH
• Nel ASA
• Power-to-Gas Hungary Kft
• Uniper SE

8. Key Questions
Answered in
the Report
How has the global power-to-gas market performed so far, and
how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the
global power-to-gas market?
What is the impact of each driver, restraint, and opportunity
on the global power-to-gas market?
What are the key regional markets?
Which countries represent the most attractive power-to-gas
market?
What is the breakup of the market based on the technology?
Which is the most attractive technology in the power-to-gas
market?
What is the breakup of the market based on the capacity?

9. Key Questions
Answered in
the Report
Which is the most attractive capacity in the power-to-gas
market?
What is the breakup of the market based on the use case?
Which is the most attractive use case in the power-to-gas
market?
What is the breakup of the market based on the application?
Which is the most attractive application in the power-to-gas
market?
What is the competitive structure of the global power-to-gas
market?
Who are the key players/companies in the global power-to-gas
market?

10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pow er-to-gas Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Electrolysis
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Methanation
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Capacity
7.1 Less Than 100 kW
7.1.1 Mark et Trends
7.1.2 Mark et Forecast

11. Table of
Contents
7.2 100–999 kW
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 1000 kW and Above
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
8 Market Breakup by Use Case
8.1 W ind
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Solar
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Biomass
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
9 Market Breakup by Application
9.1 Residential
9.1.1 Mark et Trends
9.1.2 Mark et Forecast
9.2 Commercial
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
9.3 Utility
9.3.1 Mark et Trends
9.3.2 Mark et Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Mark et Trends
10.1.1.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/power -to-gas-market/toc

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