Vendor Insights
The power to gas Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- AEG Power Solutions BV
- E.ON SE
- Electrochaea GmbH
- ENGIE SA
- ENTSOG AISBL
- EXYTRON GmbH
- Hitachi Zosen Inova AG
- INERATEC
- ITM Power Plc
- MAN Energy Solutions SE
- McPhy Energy SA
- MicroPyros BioEnerTec GmbH
- Nel ASA
- Power-to-Gas Hungary Kft.
- Siemens AG
- Solarplaza
- Sunfire GmbH
- thyssenkrupp AG
- Uniper SE
- ZSW
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.
Geographical Market Analysis
Europe will account for 43% of the market's growth. In Europe, Germany and France are the most important markets for power to gas conversion. This region's market will rise at a quicker rate than those in South America, North America, and MEA.
The availability of natural gas reserves and a large increase in demand for high-power supply solutions in the automotive and energy industries would aid the expansion of the power to gas market in Europe.
Furthermore, countries such as the US, China, Japan, Germany, and France are expected to emerge as prominent markets for the Power to Gas Market during the forecast period.
Know more about this market's geographical distribution along with a detailed analysis of the top regions. Download Free Sample Report
Key Segment Analysis
During the projected period, the power to hydrogen sector will gain considerable market share in the power to gas market. Instead of being utilized to manufacture another form of gas, the hydrogen produced in a power to hydrogen system is injected into the natural gas grid or used in transportation. Proton exchange membrane (PEM) electrolysis is at the heart of the system. An electrolyzer transforms electrical energy into chemical energy, allowing for easier electricity storage. In the approaching years, such elements will boost the segment's expansion.
View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years.
Key Market Drivers & Challenges:
The rise in natural gas supply is one of the primary elements driving the global power to gas industry's expansion. Another factor that is likely to have a favorable impact on the sector throughout the projected period is an increase in the number of CNG vehicles. The unpredictability in natural gas prices, on the other hand, is one of the hurdles to the global power to gas industry's expansion.
Download free sample for highlights on market Drivers & Challenges affecting the Power to Gas Market.
Customize Your Report
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!
Related Reports:
Gear Pump Market by End-user and Geography - Forecast and Analysis 2022-2026
Low and Medium Capacity Gas Generator Market by End user, Application, and Geography - Forecast and Analysis 2021-2025
Power to Gas Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.14% |
Market growth 2022-2026 |
$ 22.13 million |
Market structure |
Fragmented |
YoY growth (%) |
10.01 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 43% |
Key consumer countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AEG Power Solutions BV, E.ON SE, Electrochaea GmbH, ENGIE SA, ENTSOG AISBL, EXYTRON GmbH, Hitachi Zosen Inova AG, INERATEC, ITM Power Plc, MAN Energy Solutions SE, McPhy Energy SA, MicroPyros BioEnerTec GmbH, Nel ASA, Power-to-Gas Hungary Kft., Siemens AG, Solarplaza, Sunfire GmbH, thyssenkrupp AG, Uniper SE, and ZSW |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Power to hydrogen - Market size and forecast 2021-2026
- Exhibit 28: Chart on Power to hydrogen - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Power to hydrogen - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Power to hydrogen - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Power to hydrogen - Year-over-year growth 2021-2026 (%)
- 5.4 Power to methane - Market size and forecast 2021-2026
- Exhibit 32: Chart on Power to methane - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Power to methane - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Power to methane - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Power to methane - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 36: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 Europe - Market size and forecast 2021-2026
- Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Electrochaea GmbH
- Exhibit 89: Electrochaea GmbH - Overview
- Exhibit 90: Electrochaea GmbH - Product / Service
- Exhibit 91: Electrochaea GmbH - Key offerings
- 10.4 EXYTRON GmbH
- Exhibit 92: EXYTRON GmbH - Overview
- Exhibit 93: EXYTRON GmbH - Product / Service
- Exhibit 94: EXYTRON GmbH - Key offerings
- 10.5 Hitachi Zosen Inova AG
- Exhibit 95: Hitachi Zosen Inova AG - Overview
- Exhibit 96: Hitachi Zosen Inova AG - Product / Service
- Exhibit 97: Hitachi Zosen Inova AG - Key offerings
- 10.6 ITM Power Plc
- Exhibit 98: ITM Power Plc - Overview
- Exhibit 99: ITM Power Plc - Product / Service
- Exhibit 100: ITM Power Plc - Key offerings
- 10.7 MAN Energy Solutions SE
- Exhibit 101: MAN Energy Solutions SE - Overview
- Exhibit 102: MAN Energy Solutions SE - Product / Service
- Exhibit 103: MAN Energy Solutions SE - Key offerings
- 10.8 McPhy Energy SA
- Exhibit 104: McPhy Energy SA - Overview
- Exhibit 105: McPhy Energy SA - Business segments
- Exhibit 106: McPhy Energy SA - Key offerings
- Exhibit 107: McPhy Energy SA - Segment focus
- 10.9 Nel ASA
- Exhibit 108: Nel ASA - Overview
- Exhibit 109: Nel ASA - Business segments
- Exhibit 110: Nel ASA - Key offerings
- Exhibit 111: Nel ASA - Segment focus
- 10.10 Siemens AG
- Exhibit 112: Siemens AG - Overview
- Exhibit 113: Siemens AG - Business segments
- Exhibit 114: Siemens AG - Key news
- Exhibit 115: Siemens AG - Key offerings
- Exhibit 116: Siemens AG - Segment focus
- 10.11 thyssenkrupp AG
- Exhibit 117: thyssenkrupp AG - Overview
- Exhibit 118: thyssenkrupp AG - Business segments
- Exhibit 119: thyssenkrupp AG - Key news
- Exhibit 120: thyssenkrupp AG - Key offerings
- Exhibit 121: thyssenkrupp AG - Segment focus
- 10.12 Uniper SE
- Exhibit 122: Uniper SE - Overview
- Exhibit 123: Uniper SE - Business segments
- Exhibit 124: Uniper SE - Key offerings
- Exhibit 125: Uniper SE - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 126: Inclusions checklist
- Exhibit 127: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 128: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 129: Research methodology
- Exhibit 130: Validation techniques employed for market sizing
- Exhibit 131: Information sources
- 11.5 List of abbreviations
- Exhibit 132: List of abbreviations
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article