As part of Emergen Research's Global Power to Gas Market Research Report, key business details and extensive geographical spread of the Power to Gas industry have been analyzed. The current COVID-19 pandemic is expected to have an effect on the growth of the Power to Gas industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, Power to Gas will probably be one of the markets that have been impacted, along with other sectors. The sector's growth would be further hampered by the recession in the economy and the dynamic shifts in demand. The COVID-19 pandemic's effects on the entire Power to Gas industry are covered in the paper. In addition to a thorough qualitative and quantitative examination, the report also includes significant data regarding the Power to Gas market. Based on historical data from 2017 and 2018, a thorough projection is given till 2027. Profiles of both established and up-and-coming players are also provided, together with information on their business strategies, product portfolios, strategic alliances, and business expansion plans.
The global Power to Gas Market will be worth USD 68.3 Million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing demand for electricity owing to rapid urbanization. Both the transportation and industrial sector has increasingly adopted renewable sources of energy. Moreover, the increasing preferences of the industrial segment towards cleaner sources of energy in order to reduce their dependency on fossil fuel-based power generation and be more energy efficient in the future is expected to drive the demand of the system over the forecast period.
The report bifurcates the Power to Gas market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Key Companies Profiled in the Report are:
ITM Power, Hydrogenics, Siemens, Nel Hydrogen, McPhy Energy, MAN Energy Solutions, Carbotech, SoCalGas, Uniper, ThyssenKrupp
Regional Landscape section of the Power to Gas report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Power to Gas market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.
On the basis of type, the market is segmented into
Technology Outlook (Volume: Kilo Tons) (Revenue, USD Million; 2017-2027)
Methanation (Power-to- methane)
Electrolysis (Power-to- Hydrogen)
End-User Outlook (Volume: Kilo Tons) (Revenue, USD Million; 2017-2027)
Utilities
Commercial
Industrial
Regional Outlook (Volume: Kilo Tons) (Revenue, USD Million; 2017-2027)
North America
U.S.
Canada
Europe
Germany
UK
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
MEA
Saudi Arabia
UAE
Rest of MEA
Research Report on the Power to Gas Market Addresses the Following Key Questions:
Who are the dominant players of the Power to Gas market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Power to Gas market?
What are the key growth drivers and restraining factors of the Power to Gas market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Power to Gas market and its key segments?
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