Power-to-Gas Market Analysis

The market is segmented by end user into commercial, utilities, industrial, and others, out of which, the utilities segment is anticipated to hold the largest share in the global power-to-gas market. This can be accounted to the increasing initiatives in this industry to effectively produce hydrogen by the integration of intermittent renewable power sources. Additionally, on the basis of technology, the segment for electrolysis is assessed to witness the highest growth during the forecast period, which can be credited to the rising solar and wind energy generation, predicted to reduce the price for electrolysis process. Apart from this, dynamic operations provided by electrolysis is also evaluated to boost the market segment’s growth in the imminent time.

Our in-depth analysis of the global power-to-gas market includes the following segments: