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The global power-to-gas market is projected to reach USD 42 million by 2024 from an estimated USD 26 million in 2019, at a CAGR of 10.1% during the forecast period. Effective utilization of renewable energy resources and integrated management of power and gas network are driving the growth of the global industry.
Electrolysis segment is expected to lead the power-to-gas market by technology
Highly effective ways of generating hydrogen and its ability to incorporate excess renewable energy for the production of hydrogen effectively are the factors, for which electrolysis segment is expected to lead and grow at the fastest rate within all the segments.
Browse 117 market data Tables and 38 Figures spread through 174 Pages and in-depth TOC on "Power-to-gas Market - Global Forecast to 2024"
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1000 kW and Above segment is expected to capture the major share of the power-to-gas market by capacity
1000 kW and Above segment, by capacity, is expected to grow faster than others. This is mainly because of key projects that focus on the generation of large scale hydrogen using power-to-gas in industries. In addition to this, there is also substantial investment and development of power-to-gas technology in this capacity range
Fibonacci tools are among the most popular indicators used for technical analysis in the market. Here are five uses that every investor and trader show know.