Power To Gas Market Size, Share, Trends, Growth & Forecast 2034
Power To Gas Market By Technology (Methanation and Electrolysis), By End-User (Utilities, Commercial, and Industrial), By Capacity (1000 kW and Above, 100-999 kW, and Less than 100 kW), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Category: Energy & Mining Report Format : PDF
Pages: 227 Report Code: ZMR-10364
Published Date: Feb-2026 Status : Published
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 46.29 Million | USD 147.59 Million | 13.75% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Power To Gas Market, (2025 - 2034) (USD Million)
- 2.2 Global Power To Gas Market : snapshot
- Chapter 3. Global Power To Gas Market - Industry Analysis
- 3.1 Power To Gas Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Expansion of the renewable sector to benefit players operating in the P2G sector.
- 3.3 Market Restraints
- 3.3.1. Cost emerge as the most significant growth barrier in the power to gas market
- 3.4 Market Opportunities
- 3.4.1. Growing use of green hydrogen across industries to promote market growth trends
- 3.5 Market Challenges
- 3.5.1. Lack of infrastructure and alternate technology availability will challenge industry growth trends
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Technology
- 3.7.2 Market attractiveness analysis By End-User
- 3.7.3 Market attractiveness analysis By Capacity
- Chapter 4. Global Power To Gas Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Power To Gas Market: company market share, 2024
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Power To Gas Market - Technology Analysis
- 5.1 Global Power To Gas Market overview: By Technology
- 5.1.1 Global Power To Gas Market share, By Technology, 2024 and 2034
- 5.2 Methanation
- 5.2.1 Global Power To Gas Market by Methanation, 2025 - 2034 (USD Million)
- 5.3 Electrolysis
- 5.3.1 Global Power To Gas Market by Electrolysis, 2025 - 2034 (USD Million)
- 5.1 Global Power To Gas Market overview: By Technology
- Chapter 6. Global Power To Gas Market - End-User Analysis
- 6.1 Global Power To Gas Market overview: By End-User
- 6.1.1 Global Power To Gas Market share, By End-User, 2024 and 2034
- 6.2 Utilities
- 6.2.1 Global Power To Gas Market by Utilities, 2025 - 2034 (USD Million)
- 6.3 Commercial
- 6.3.1 Global Power To Gas Market by Commercial, 2025 - 2034 (USD Million)
- 6.4 Industrial
- 6.4.1 Global Power To Gas Market by Industrial, 2025 - 2034 (USD Million)
- 6.1 Global Power To Gas Market overview: By End-User
- Chapter 7. Global Power To Gas Market - Capacity Analysis
- 7.1 Global Power To Gas Market overview: By Capacity
- 7.1.1 Global Power To Gas Market share, By Capacity, 2024 and 2034
- 7.2 1000 kW and Above
- 7.2.1 Global Power To Gas Market by 1000 kW and Above, 2025 - 2034 (USD Million)
- 7.3 100-999 kW
- 7.3.1 Global Power To Gas Market by 100-999 kW, 2025 - 2034 (USD Million)
- 7.4 Less than 100 kW
- 7.4.1 Global Power To Gas Market by Less than 100 kW, 2025 - 2034 (USD Million)
- 7.1 Global Power To Gas Market overview: By Capacity
- Chapter 8. Power To Gas Market - Regional Analysis
- 8.1 Global Power To Gas Market Regional Overview
- 8.2 Global Power To Gas Market Share, by Region, 2024 & 2034 (USD Million)
- 8.3. North America
- 8.3.1 North America Power To Gas Market, 2025 - 2034 (USD Million)
- 8.3.1.1 North America Power To Gas Market, by Country, 2025 - 2034 (USD Million)
- 8.3.1 North America Power To Gas Market, 2025 - 2034 (USD Million)
- 8.4 North America Power To Gas Market, by Technology, 2025 - 2034
- 8.4.1 North America Power To Gas Market, by Technology, 2025 - 2034 (USD Million)
- 8.5 North America Power To Gas Market, by End-User, 2025 - 2034
- 8.5.1 North America Power To Gas Market, by End-User, 2025 - 2034 (USD Million)
- 8.6 North America Power To Gas Market, by Capacity, 2025 - 2034
- 8.6.1 North America Power To Gas Market, by Capacity, 2025 - 2034 (USD Million)
- 8.4. Europe
- 8.4.2 Europe Power To Gas Market, 2025 - 2034 (USD Million)
- 8.4.2.1 Europe Power To Gas Market, by Country, 2025 - 2034 (USD Million)
- 8.4.2 Europe Power To Gas Market, 2025 - 2034 (USD Million)
- 8.4 Europe Power To Gas Market, by Technology, 2025 - 2034
- 8.4.1 Europe Power To Gas Market, by Technology, 2025 - 2034 (USD Million)
- 8.5 Europe Power To Gas Market, by End-User, 2025 - 2034
- 8.5.1 Europe Power To Gas Market, by End-User, 2025 - 2034 (USD Million)
- 8.6 Europe Power To Gas Market, by Capacity, 2025 - 2034
- 8.6.1 Europe Power To Gas Market, by Capacity, 2025 - 2034 (USD Million)
- 8.5. Asia Pacific
- 8.5.3 Asia Pacific Power To Gas Market, 2025 - 2034 (USD Million)
- 8.5.3.1 Asia Pacific Power To Gas Market, by Country, 2025 - 2034 (USD Million)
- 8.5.3 Asia Pacific Power To Gas Market, 2025 - 2034 (USD Million)
- 8.4 Asia Pacific Power To Gas Market, by Technology, 2025 - 2034
- 8.4.1 Asia Pacific Power To Gas Market, by Technology, 2025 - 2034 (USD Million)
- 8.5 Asia Pacific Power To Gas Market, by End-User, 2025 - 2034
- 8.5.1 Asia Pacific Power To Gas Market, by End-User, 2025 - 2034 (USD Million)
- 8.6 Asia Pacific Power To Gas Market, by Capacity, 2025 - 2034
- 8.6.1 Asia Pacific Power To Gas Market, by Capacity, 2025 - 2034 (USD Million)
- 8.6. Latin America
- 8.6.4 Latin America Power To Gas Market, 2025 - 2034 (USD Million)
- 8.6.4.1 Latin America Power To Gas Market, by Country, 2025 - 2034 (USD Million)
- 8.6.4 Latin America Power To Gas Market, 2025 - 2034 (USD Million)
- 8.4 Latin America Power To Gas Market, by Technology, 2025 - 2034
- 8.4.1 Latin America Power To Gas Market, by Technology, 2025 - 2034 (USD Million)
- 8.5 Latin America Power To Gas Market, by End-User, 2025 - 2034
- 8.5.1 Latin America Power To Gas Market, by End-User, 2025 - 2034 (USD Million)
- 8.6 Latin America Power To Gas Market, by Capacity, 2025 - 2034
- 8.6.1 Latin America Power To Gas Market, by Capacity, 2025 - 2034 (USD Million)
- 8.7. The Middle-East and Africa
- 8.7.5 The Middle-East and Africa Power To Gas Market, 2025 - 2034 (USD Million)
- 8.7.5.1 The Middle-East and Africa Power To Gas Market, by Country, 2025 - 2034 (USD Million)
- 8.7.5 The Middle-East and Africa Power To Gas Market, 2025 - 2034 (USD Million)
- 8.4 The Middle-East and Africa Power To Gas Market, by Technology, 2025 - 2034
- 8.4.1 The Middle-East and Africa Power To Gas Market, by Technology, 2025 - 2034 (USD Million)
- 8.5 The Middle-East and Africa Power To Gas Market, by End-User, 2025 - 2034
- 8.5.1 The Middle-East and Africa Power To Gas Market, by End-User, 2025 - 2034 (USD Million)
- 8.6 The Middle-East and Africa Power To Gas Market, by Capacity, 2025 - 2034
- 8.6.1 The Middle-East and Africa Power To Gas Market, by Capacity, 2025 - 2034 (USD Million)
- Chapter 9. Company Profiles
- 9.1 McPhy Energy
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Siemens Energy
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Engie
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 ITM Power
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 MAN Energy Solutions
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Equinor
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Thyssenkrupp
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 ExxonMobil
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Linde
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Nel ASA
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 TotalEnergies
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Plug Power
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Shell
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Air Liquide
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Uniper
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 and others.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.1 McPhy Energy
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Power To Gas Market, 2025 - 2034 (USD Million)
- 4. Porter’s Five Forces Analysis
- 5. Global Power To Gas Market attractiveness, By Technology
- 6. Global Power To Gas Market attractiveness, By End-User
- 7. Global Power To Gas Market attractiveness, By Capacity
- 8. Global Power To Gas Market share by Technology, 2025 and 2034 (USD Million)
- 9. Global Power To Gas Market by Methanation, 2025 - 2034 (USD Million)
- 10. Global Power To Gas Market by Electrolysis, 2025 - 2034 (USD Million)
- 11. Global Power To Gas Market share by End-User, 2025 and 2034 (USD Million)
- 12. Global Power To Gas Market by Utilities, 2025 - 2034 (USD Million)
- 13. Global Power To Gas Market by Commercial, 2025 - 2034 (USD Million)
- 14. Global Power To Gas Market by Industrial, 2025 - 2034 (USD Million)
- 15. Global Power To Gas Market share by Capacity, 2025 and 2034 (USD Million)
- 16. Global Power To Gas Market by 1000 kW and Above, 2025 - 2034 (USD Million)
- 17. Global Power To Gas Market by 100-999 kW, 2025 - 2034 (USD Million)
- 18. Global Power To Gas Market by Less than 100 kW, 2025 - 2034 (USD Million)
- 19. Global Power To Gas Market share, by Region, 2025 and 2034
- 20. North America Power To Gas Market, 2025 - 2034 (USD Million)
- 21. Europe Power To Gas Market, 2025 - 2034 (USD Million)
- 22. Asia Pacific Power To Gas Market, 2025 - 2034 (USD Million)
- 23. Latin America Power To Gas Market, 2025 - 2034 (USD Million)
- 24. The Middle-East and Africa Power To Gas Market, 2025 - 2034 (USD Million)
Table Of Tables
- 1. Global Power To Gas Market: Snapshot
- 2. Drivers of the Power To Gas Market: impact analysis
- 3. North America Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 4. North America Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 5. North America Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 6. U.S. Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 7. U.S. Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 8. U.S. Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 9. Canada Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 10. Canada Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 11. Canada Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 12. Europe Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 13. Europe Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 14. Europe Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 15. Germany Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 16. Germany Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 17. Germany Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 18. France Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 19. France Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 20. France Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 21. U.K. Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 22. U.K. Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 23. U.K. Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 24. Italy Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 25. Italy Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 26. Italy Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 27. Spain Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 28. Spain Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 29. Spain Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 30. Rest of Europe Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 31. Rest of Europe Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 32. Rest of Europe Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 33. Asia Pacific Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 34. Asia Pacific Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 35. Asia Pacific Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 36. China Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 37. China Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 38. China Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 39. Japan Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 40. Japan Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 41. Japan Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 42. India Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 43. India Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 44. India Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 45. South Korea Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 46. South Korea Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 47. South Korea Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 48. South-East Asia Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 49. South-East Asia Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 50. South-East Asia Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 51. Rest of Asia Pacific Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 52. Rest of Asia Pacific Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 53. Rest of Asia Pacific Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 54. Latin America Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 55. Latin America Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 56. Latin America Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 57. Brazil Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 58. Brazil Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 59. Brazil Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 60. Mexico Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 61. Mexico Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 62. Mexico Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 63. Rest of Latin America Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 64. Rest of Latin America Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 65. Rest of Latin America Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 66. The Middle-East and Africa Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 67. The Middle-East and Africa Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 68. The Middle-East and Africa Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 69. GCC Countries Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 70. GCC Countries Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 71. GCC Countries Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 72. South Africa Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 73. South Africa Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 74. South Africa Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
- 75. Rest of Middle-East Africa Power To Gas Market revenue, By Technology, 2025 - 2034 (USD Million)
- 76. Rest of Middle-East Africa Power To Gas Market revenue, By End-User, 2025 - 2034 (USD Million)
- 77. Rest of Middle-East Africa Power To Gas Market revenue, By Capacity, 2025 - 2034 (USD Million)
Methodology
FrequentlyAsked Questions
Power-to-gas (P2G) is a process that involves converting excess renewable electricity into gaseous fuels such as methane or hydrogen.
The global power to gas market is expected to be led by the rising demand for decarbonization in fuel-powered industries such as transportation and heavy industries.
According to study, the global power to gas market size was worth around USD 46.29 million in 2024 and is predicted to grow to around USD 147.59 million by 2034.
he CAGR value of power to gas market is expected to be around 13.75% during 2025-2034.
Lack of infrastructure and alternate technology availability are the major challenges restraining the growth of the power to gas market.
Modular electrolyzers and focus on methanation are the emerging trends and innovations impacting the power to gas market.
How has the global power to gas market performed so far and how will it perform in the coming years?
The global power to gas market has performed well so far and will offer similar trends in the coming years.
Asia-Pacific is set to emerge as the fastest-growing market with a CAGR of 8.5% in the coming years.
The global power to gas market is led by players like McPhy Energy, Siemens Energy, Engie, ITM Power, MAN Energy Solutions, Equinor, Thyssenkrupp, ExxonMobil, Linde, Nel ASA, TotalEnergies, Plug Power, Shell, Air Liquide, and Uniper.
The report explores crucial aspects of the power to gas market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.
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