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

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

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

Market insights research calculated the market size of

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