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Distribution of the power to gas market worldwide in 2019, by company

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Source

Release date

September 2020

Region

Worldwide

Survey time period

2019

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Global power-to-gas market share 2019, by company

Published by ÌÇÐÄÆƽâ°æ Research Department, Jan 21, 2026
Hydrogenics is the market leader of the global power to gas market. In 2019, the company owned **** percent of the market. That same year it was acquired by Cummins, a U.S. corporation within the heavy equipment and automotive industry, which has begun branching out into power systems. The global power to gas market size was roughly ** million U.S. dollars in 2019. Power to gas, also known as PtG or P2G, converts excess or off-peak power from renewable sources into methane syngas or hydrogen, which can later be used as a fuel in other sectors, such as heating or transportation.
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