Power-to-gas Market by Product Type, Distribution Channel, End User 2024-2032

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Global Power-to-gas Market Research and Forecast
Report 2024-2032

• Format PDFEXCEL

2023 IMARC All Rights Reserved
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About IMARC Group

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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/req
  uestsample

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Report Description

• Global Power-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
  growth rate (CAGR) of 9.78 during 2024-2032.
• View Report TOC, Figures and Tables
  https//www.imarcgroup.com/power-to-gas-market

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Report Segmentation

• Technology Insights
• Electrolysis
• Methanation
•  
• Capacity Insights
• Less Than 100 kW
• 100999 kW
• 1000 kW and Above
• Use Case Insights
• Wind
• Solar
• Biomass

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Report Segmentation

• Application Insights
• Residential
• Commercial
• Utility
• Regional Insights
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

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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

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Key Questions Answered in the Report
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Key Questions Answered in the Report
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Table of Contents

• 1    Preface2    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
  Methodology3    Executive Summary4  
   Introduction    4.1    Overview    4.2    Key
  Industry Trends5    Global Power-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 Market Forecast    6.2    Methanation   
      6.2.1 Market Trends        6.2.2 Market
  Forecast7   Market Breakup by Capacity    7.1  
   Less Than 100 kW        7.1.1 Market Trends   
      7.1.2 Market Forecast       

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Table of Contents

•     7.2    100999 kW        7.2.1 Market
  Trends        7.2.2 Market Forecast    7.3  
   1000 kW and Above        7.3.1 Market Trends 
        7.3.2 Market Forecast8   Market Breakup by
  Use Case    8.1    Wind        8.1.1 Market
  Trends        8.1.2 Market Forecast    8.2  
   Solar        8.2.1 Market Trends        8.2.2
  Market Forecast    8.3    Biomass        8.3.1
  Market Trends        8.3.2 Market Forecast9 
   Market Breakup by Application    9.1  
   Residential        9.1.1 Market Trends       
  9.1.2 Market Forecast    9.2    Commercial     
    9.2.1 Market Trends        9.2.2 Market
  Forecast    9.3    Utility        9.3.1 Market
  Trends        9.3.2 Market Forecast
• For more information, visit https//www.imarcgrou
  p.com/power-to-gas-market/toc

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