Global Power-to-Gas Market to Reach $79.6 Million by 2030
The global market for Power-to-Gas estimated at US$42.2 Million in the year 2022, is projected to reach a revised size of US$79.6 Million by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030. Electrolysis, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$53.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Methanation segment is readjusted to a revised 7.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $12.5 Million, While China is Forecast to Grow at 7.5% CAGR
The Power-to-Gas market in the U.S. is estimated at US$12.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.6 Million by the year 2030 trailing a CAGR of 7.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.Select Competitors (Total 37 Featured) -
- Aquahydrex
- Avacon
- Carbotech
- Electrochaea
- Exytron
- Fuelcell Energy
- GreenHydrogen
- Hitachi Zosen Inova Etogas
- Hydrogenics
- Ineratec
- ITM Power
- MAN Energy Solutions
- McPhy Energy
- Micropyros
- Nel Hydrogen
- Power-to-gas Hungary
- Siemens
- Socalgas
- ThyssenKrupp
- Uniper
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Power-to-Gas - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Power-to-Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Power-to-Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Electrolysis by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Electrolysis by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Methanation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Methanation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Less than 100 kW by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 8: World 8-Year Perspective for Less than 100 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 9: World Recent Past, Current & Future Analysis for 100-999 kW by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 10: World 8-Year Perspective for 100-999 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 11: World Recent Past, Current & Future Analysis for 1000 kW & Above by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 12: World 8-Year Perspective for 1000 kW & Above by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 14: World 8-Year Perspective for Utilities by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 15: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 16: World 8-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 17: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 18: World 8-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 19: World Power-to-Gas Market Analysis of Annual Sales in US$ for Years 2014 through 2030
UNITED STATES
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 22: USA Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 23: USA 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 24: USA Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 25: USA 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
CANADA
- Table 26: Canada Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 27: Canada 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 28: Canada Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 29: Canada 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 30: Canada Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 31: Canada 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
JAPAN
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 32: Japan Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 33: Japan 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 34: Japan Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 35: Japan 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 36: Japan Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 37: Japan 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
CHINA
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 38: China Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 39: China 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 40: China Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 41: China 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 42: China Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 43: China 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
EUROPE
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 44: Europe Recent Past, Current & Future Analysis for Power-to-Gas by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ for Years 2022 through 2030 and % CAGR
- Table 45: Europe 8-Year Perspective for Power-to-Gas by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 46: Europe Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 47: Europe 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 48: Europe Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 49: Europe 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 50: Europe Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 51: Europe 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
FRANCE
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 52: France Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 53: France 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 54: France Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 55: France 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 56: France Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 57: France 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
GERMANY
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 58: Germany Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 59: Germany 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 60: Germany Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 61: Germany 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 62: Germany Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 63: Germany 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
ITALY
- Table 64: Italy Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 65: Italy 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 66: Italy Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 67: Italy 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 68: Italy Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 69: Italy 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
UNITED KINGDOM
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 70: UK Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 71: UK 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 72: UK Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 73: UK 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 74: UK Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 75: UK 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
REST OF EUROPE
- Table 76: Rest of Europe Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 77: Rest of Europe 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 78: Rest of Europe Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 79: Rest of Europe 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 80: Rest of Europe Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 81: Rest of Europe 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
ASIA-PACIFIC
- Power-to-Gas Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 82: Asia-Pacific Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 83: Asia-Pacific 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 84: Asia-Pacific Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 85: Asia-Pacific 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 86: Asia-Pacific Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 87: Asia-Pacific 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
REST OF WORLD
- Table 88: Rest of World Recent Past, Current & Future Analysis for Power-to-Gas by Technology - Electrolysis and Methanation - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 89: Rest of World 8-Year Perspective for Power-to-Gas by Technology - Percentage Breakdown of Value Sales for Electrolysis and Methanation for the Years 2023 & 2030
- Table 90: Rest of World Recent Past, Current & Future Analysis for Power-to-Gas by Capacity - 1000 kW & Above, 100-999 kW and Less than 100 kW - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 91: Rest of World 8-Year Perspective for Power-to-Gas by Capacity - Percentage Breakdown of Value Sales for 1000 kW & Above, 100-999 kW and Less than 100 kW for the Years 2023 & 2030
- Table 92: Rest of World Recent Past, Current & Future Analysis for Power-to-Gas by End-Use - Utilities, Commercial and Industrial - Independent Analysis of Annual Sales in US$ for the Years 2022 through 2030 and % CAGR
- Table 93: Rest of World 8-Year Perspective for Power-to-Gas by End-Use - Percentage Breakdown of Value Sales for Utilities, Commercial and Industrial for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aquahydrex
- Avacon
- Carbotech
- Electrochaea
- Exytron
- Fuelcell Energy
- GreenHydrogen
- Hitachi Zosen Inova Etogas
- Hydrogenics
- Ineratec
- ITM Power
- MAN Energy Solutions
- McPhy Energy
- Micropyros
- Nel Hydrogen
- Power-to-gas Hungary
- Siemens
- Socalgas
- ThyssenKrupp
- Uniper
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 42.2 Million |
Forecasted Market Value ( USD | $ 79.6 Million |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |