Europe Power to Gas Market By Technology (Electrolysis, Methanation), By Capacity (Less than 100 kW, 100–999 kW, 1000 kW and Above), By End User Industry (Commercial, Utilities, Industrial), By Country, Competition, Forecast & Opportunities, 2027

  • Industry : Power
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Europe power to gas market is expected to grow at a formidable rate during the forecast period. Power to gas technology is effective in managing the excess renewable energy which is converted into hydrogen. Therefore, this technology allows the potential use of hydrogen in mobility solutions and as a natural gas substitute. The technology also goes through a process of methanation, producing methane or synthetic natural gas which is used in gas grids. The factors responsible for the growth of Europe power to gas market during the forecast year include need for the integrated management of power and gas network and effective usage of renewable energy resources. In addition to this, growing requirement to reduce carbon emissions coupled with rising capacity of renewable energy are anticipated to bode well for the growth of power to gas market in the region over the coming years.

The Europe power to gas market is segmented based on technology, capacity, end user industry, region, and company. Based on technology, the market can be segmented into electrolysis and methanation. Out of which, the electrolysis segment dominated the market in terms of largest market share until 2021 and is anticipated to maintain its dominance during the forecast years as well. This is majorly accredited to its dynamic operations and the ability to efficiently integrate electricity from varying renewable energy sources such as solar and wind.

Major players operating in the Europe power to gas market include ITM Power, McPhy Energy SA, Siemens AG, MAN Energy Solutions, Nel ASA, Thyssenkrupp AG, Electrochaea GmbH, EXYTRON GmbH, Greenhydrogen.DK ApS, Hydrogenics Corporation, and others.

Objective of the Study:

  • To analyze and forecast the market size of Europe power to gas market.
  • To classify and forecast Europe power to gas market based on technology, capacity, end user industry, company and regional distribution.
  • To identify drivers and challenges for Europe power to gas market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Europe power to gas market.
  • To conduct pricing analysis for Europe power to gas market.
  • To identify and analyze the profile of leading players operating in Europe power to gas market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies, end users and presence of all major players across the region.

TechSci Research calculated the market size of Europe power to gas market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Power to gas companies, end users and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to power to gas
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as power to gas companies, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historic Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Technology

·         Capacity

·         End User Industry

Country scope

Germany, United Kingdom, France, Russia, Spain, Italy, Poland

Key companies profiled

ITM Power, McPhy Energy SA, Siemens AG, MAN Energy Solutions, Nel ASA, Thyssenkrupp AG, Electrochaea GmbH, EXYTRON GmbH, Greenhydrogen.DK ApS, Hydrogenics Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Europe power to gas market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Europe Power to Gas Market, By Technology:
    • Electrolysis
    • Methanation
  • Europe Power to Gas Market, By Capacity:
    • Less than 100 kW
    • 100–999 kW
    • 1000 kW
    • Above
  • Europe Power to Gas Market, By End User Industry:

o   Commercial

o   Utilities

o   Industrial

  • Europe Power to Gas Market, By Country:

o   Germany

o   United Kingdom

o   France

o   Russia

o   Spain

o   Italy

o   Poland

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe power to gas market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Europe Power to Gas Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Europe Power to Gas Market

4.    Executive Summary

5.    Voice of Customer

6.    Europe Power to Gas Market Outlook

6.1.  Market Size & Forecast

6.1.1. By Value

6.2.  Market Share & Forecast

6.2.1. By Technology (Electrolysis, Methanation)

6.2.2. By Capacity (Less than 100 kW, 100–999 kW, 1000 kW and Above)

6.2.3. By End User Industry (Commercial, Utilities, Industrial)

6.2.4. By Country

6.2.5. By Company (2019)

6.3.  Market Attractiveness Index

7.    Germany Power to Gas Market Outlook

7.1.  Market Size & Forecast          

7.1.1. By Value

7.2.  Market Share & Forecast

7.2.1. By Technology

7.2.2. By Capacity

7.2.3. By End User Industry

8.    France Power to Gas Market Outlook

8.1.  Market Size & Forecast          

8.1.1. By Value

8.2.  Market Share & Forecast

8.2.1. By Technology

8.2.2. By Capacity

8.2.3. By End User Industry

9.    United Kingdom Power to Gas Market Outlook

9.1.  Market Size & Forecast          

9.1.1. By Value

9.2.  Market Share & Forecast

9.2.1. By Technology

9.2.2. By Capacity

9.2.3. By End User Industry

10.  Italy Power to Gas Market Outlook

10.1.              Market Size & Forecast

10.1.1.   By Value

10.2.              Market Share & Forecast

10.2.1.   By Technology

10.2.2.   By Capacity

10.2.3.   By End User Industry

11.  Spain Power to Gas Market Outlook

11.1. Market Size & Forecast          

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Technology

11.2.2. By Capacity

11.2.3. By End User Industry

12.  Poland Power to Gas Market Outlook

12.1. Market Size & Forecast          

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Technology

12.2.2. By Capacity

12.2.3. By End User Industry

13.  Russia Power to Gas Market Outlook

13.1. Market Size & Forecast          

13.1.1. By Value

13.2. Market Share & Forecast

13.2.1. By Technology

13.2.2. By Capacity

13.2.3. By End User Industry

14.  Market Dynamics

14.1.              Drivers

14.2.              Challenges

15.  Market Trends & Developments

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Global Players Profiled (Leading Companies)

16.2.1.   ITM Power

16.2.2.   McPhy Energy SA

16.2.3.   Siemens AG

16.2.4.   MAN Energy Solutions

16.2.5.   Nel ASA

16.2.6.   Thyssenkrupp AG

16.2.7.   Electrochaea GmbH

16.2.8.   EXYTRON GmbH

16.2.9.   Greenhydrogen.DK ApS

16.2.10. Hydrogenics Corporation

17.  Strategic Recommendations

18.  About Us & Disclaimer

                                                                                                                            (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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Increasing demand for utilizing renewable energy, along with need for the integrated management of power and gas network and effective usage of renewable energy resources are some of the major factors driving the growth of the Europe power to gas market in the forecast period, 2023-2027.

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ITM Power, McPhy Energy SA, Siemens AG, MAN Energy Solutions, Nel ASA, among others are some of the leading companies dedicated toward providing related products and services and support the future growth of the Europe power to gas market in the upcoming five years.

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Utilities segment is anticipated to lead the Europe power to gas market in the upcoming five years distinguished by the end user industry on the account of increased production of hydrogen by integrating intermittent renewable power sources and have the flexibility of power system operations.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Press Release

Europe Power to Gas Market to Grow at a Formidable Rate During Forecast Period

Apr, 2021

Rising concerns related to carbon emissions along with effective utilization of renewable energy resources to drive the growth of Europe power to gas market

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