Global Virtual Power Plant Market Forecast 2019-2028

Publisher Name :
Date: 10-Sep-2020
No. of pages: 155

KEY FINDINGS

The global virtual power plant market is estimated to record a CAGR of 22.54% during the forecast period, 2019-2028. The factors propelling the growth of the market are the growing renewable energy generation, government initiatives, increasing demand for cloud based energy management system, and rising trends in the adoption of decentralized power generation.

MARKET INSIGHTS

A virtual power plant is a cloud-based control center that is cable of functioning in a centralized or distributed manner. Energy generation has undergone tremendous transformation in the last decade, due to the growing demand for distributed energy resource management systems. The renewable energy continued to grow in 2019, with an increase of 12.2% from that of 2018. Energy generation was fueled by conventional sources like nuclear and coal, resulting in increased greenhouse gas emissions. At present, it is majorly driven by renewable energy sources like solar and wind, due to government initiatives and support. The fluctuations in the generation of renewables can be regulated by ramping up and down power generation, along with power consumption of controllable unites using VPP (virtual power plant). Such aspects are projected to increase the adoption of virtual power plants across the globe, during the forecast period.

Energy management has become a necessity for each and every organization operating across several sectors in the world. This has resulted in cloud-based energy management software becoming a critical tool for conducting proficient operations in the organizations. Thus, with the increasing adoption of cloud based energy management system, the market studied is expected to witness steady growth. However, privacy concerns and initial investment costs are projected to restrict market growth.

REGIONAL INSIGHTS

The global virtual power plant market is segregated into Asia Pacific, North America, Europe, and the rest of the world, for geographical analysis. North America dominated the global market in 2019. The regional growth prospects are characterized by favorable government initiatives, technological advancements, and policies that entail the reduction of greenhouse gas emissions.

COMPETITIVE INSIGHTS

The global market studied is deemed to be highly competitive. Some of the leading companies registering their presence in the market include, ABB, Autogrid Systems Inc, Statkraft, Next Kraftwerke, Enel X, etc.

Our report offerings include:

- Explore key findings of the overall market

- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

- Market Segmentation cater to a thorough assessment of key segments with their market estimations

- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Global Virtual Power Plant Market Forecast 2019-2028

Table of Contents

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Increasing Trends In Adoption Of Decentralized Power Generation
3.2.2. Growth In Renewable Energy Generation
3.2.3. Rising Demand For Cloud Based Energy Management System
3.2.4. Government Initiatives
3.3. Key Restraints
3.3.1. Initial Investment Is High For The Market
3.3.2. Privacy Concerns
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
4.5.1. Power Producers
4.5.2. Virtual Power Plant
4.5.3. Directed Energy Operators (Dsos)
4.5.4. End-Users
4.6. Key Buying Criteria
4.6.1. Technology
4.6.2. Scalability
4.6.3. Price
4.6.4. Feasibility
4.7. Regulatory Framework
4.8. Impact Of Covid 19 Pandemic On Virtual Power Plant Market
5. Market By Technology
5.1. Demand Response
5.2. Distributed Generation
5.3. Mixed Assets
6. Market Source
6.1. Distributed Energy Generation System
6.2. Energy Storage System
7. Market By End-User
7.1. Industrial
7.2. Commercial
7.3. Residential
8. Geographical Analysis
8.1. North America
8.1.1. United States
8.1.2. Canada
8.2. Europe
8.2.1. United Kingdom
8.2.2. Germany
8.2.3. France
8.2.4. Italy
8.2.5. Denmark
8.2.6. Finland
8.2.7. Rest Of Europe
8.3. Asia Pacific
8.3.1. Japan
8.3.2. Australia
8.3.3. China
8.3.4. South Korea
8.3.5. Rest Of Asia Pacific
8.4. Rest Of World
8.4.1. Latin America
8.4.2. Middle East & Africa
9. Company Profiles
9.1. Abb
9.2. Autogrid Systems Inc
9.3. Statkraft
9.4. Next Kraftwerke
9.5. Enel X
9.6. General Electric
9.7. Hitachi Ltd
9.8. Flexitricity Limited
9.9. Ibm Corporation
9.10. Open Access Technology International Inc
9.11. Robert Bosch
9.12. Schneider Electric
9.13. Siemens
9.14. Viridity Energy
9.15. Enbala
9.16. Tesla

List of Tables

Table 1: Market Snapshot - Virtual Power Plant
Table 2: Regulatory Framework
Table 3: Global Virtual Power Plant Market, By Technology, Historical Years, 2016-2019 (In $ Million)
Table 4: Global Virtual Power Plant Market, By Technology, Forecast Years, 2019-2028 (In $ Million)
Table 5: Global Demand Response Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 6: Global Demand Response Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 7: Global Distributed Generation Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 8: Global Distributed Generation Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 9: Global Mixed Assets Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 10: Global Mixed Assets Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 11: Global Virtual Power Plant Market, By Source, Historical Years, 2016-2019 (In $ Million)
Table 12: Global Virtual Power Plant Market, By Source, Forecast Years, 2019-2028 (In $ Million)
Table 13: Global Distributed Energy Generation System Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 14: Global Distributed Energy Generation System Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 15: Global Energy Storage System Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 16: Global Energy Storage System Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 17: Global Virtual Power Plant Market, By End-User, Historical Years, 2016-2019 (In $ Million)
Table 18: Global Virtual Power Plant Market, By End-User, Forecast Years, 2019-2028 (In $ Million)
Table 19: Global Industrial Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 20: Global Industrial Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 21: Global Commercial Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 22: Global Commercial Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 23: Global Residential Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 24: Global Residential Market, By Region, Forecast Years, 2019-2028 (In $ Million)
Table 25: Global Virtual Power Plant Market, By Geography, Historical Years, 2016-2019 (In $ Million)
Table 26: Global Virtual Power Plant Market, By Geography, Forecast Years, 2019-2028 (In $ Million)
Table 27: North America Virtual Power Plant Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 28: North America Virtual Power Plant Market, By Country, Forecast Years, 2019-2028 (In $ Million)
Table 29: Europe Virtual Power Plant Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 30: Europe Virtual Power Plant Market, By Country, Forecast Years, 2019-2028 (In $ Million)
Table 31: Asia Pacific Virtual Power Plant Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 32: Asia Pacific Virtual Power Plant Market, By Country, Forecast Years, 2019-2028 (In $ Million)
Table 33: Rest Of World Virtual Power Plant Market, By Region, Historical Years, 2016-2019 (In $ Million)
Table 34: Rest Of World Virtual Power Plant Market, By Region, Forecast Years, 2019-2028 (In $ Million)

List of Figures

Figure 1: Key Investment Insights
Figure 2: Porter's Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Value Chain Analysis
Figure 6: Key Buying Criteria
Figure 7: Global Virtual Power Plant Market, Growth Potential, By Technology, In 2019
Figure 8: Global Virtual Power Plant Market, By Demand Response, 2019-2028 (In $ Million)
Figure 9: Global Virtual Power Plant Market, By Distributed Generation, 2019-2028 (In $ Million)
Figure 10: Global Virtual Power Plant Market, By Mixed Assets, 2019-2028 (In $ Million)
Figure 11: Global Virtual Power Plant Market, Growth Potential, By Source, In 2019
Figure 12: Global Virtual Power Plant Market, By Distributed Energy Generation System, 2019-2028 (In $ Million)
Figure 13: Global Virtual Power Plant Market, By Energy Storage System, 2019-2028 (In $ Million)
Figure 14: Global Virtual Power Plant Market, Growth Potential, By End-User, In 2019
Figure 15: Global Virtual Power Plant Market, By Industrial, 2019-2028 (In $ Million)
Figure 16: Global Virtual Power Plant Market, By Commercial, 2019-2028 (In $ Million)
Figure 17: Global Virtual Power Plant Market, By Residential, 2019-2028 (In $ Million)
Figure 18: North America Virtual Power Plant Market, Regional Outlook, 2019 & 2028 (In %)
Figure 19: United States Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 20: Canada Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 21: Europe Virtual Power Plant Market, Regional Outlook, 2019 & 2028 (In %)
Figure 22: United Kingdom Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 23: Germany Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 24: France Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 25: Italy Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 26: Denmark Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 27: Finland Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 28: Rest Of Europe Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 29: Asia Pacific Virtual Power Plant Market, Regional Outlook, 2019 & 2028 (In %)
Figure 30: Japan Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 31: Australia Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 32: China Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 33: South Korea Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 34: Rest Of Asia Pacific Virtual Power Plant Market, 2019-2028 (In $ Million
Figure 35: Rest Of World Virtual Power Plant Market, Regional Outlook, 2019 & 2028 (In %)
Figure 36: Latin America Virtual Power Plant Market, 2019-2028 (In $ Million)
Figure 37: Middle East & Africa Virtual Power Plant Market, 2019-2028 (In $ Million)
  • Global and China Power Towers Market Insights, Forecast to 2026
    Published: 21-Oct-2020        Price: US 3900 Onwards        Pages: 142
    Power Towers market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Power Towers market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026. Segment by Type, the Power Towers market is segmented into - ......
  • Global and Japan Power Plant Control System Market Insights, Forecast to 2026
    Published: 20-Oct-2020        Price: US 3900 Onwards        Pages: 146
    Power Plant Control System market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Power Plant Control System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026. Segment by Type, the Power Plant Control......
  • (COVID-19 Version) Global Power Plant Control System Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use
    Published: 18-Oct-2020        Price: US 3000 Onwards        Pages: 102
    Summary The report forecast global Power Plant Control System market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation. The report offers detailed coverage of Power Plant Control System industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Power Plant Co......
  • (COVID-19 Version) Global Power Towers Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use
    Published: 18-Oct-2020        Price: US 3000 Onwards        Pages: 103
    Summary The report forecast global Power Towers market to grow to reach xxx Million USD in 2019 with a CAGR of xx% during the period 2020-2025 due to coronavirus situation. The report offers detailed coverage of Power Towers industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Power Towers by geography. The report spli......
  • COVID-19 World Power Towers Market Research Report (by Product Type, End-User / Application and Regions / Countries)
    Published: 07-Oct-2020        Price: US 2800 Onwards        Pages: 92
    Summary This report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions. The report includes as follows: The report provides current data, historical overview and future forecast. The report includes an in-depth analysis of the Global market for Power Towers , covering Global total and......
  • Canada Power Market Outlook to 2030, Update 2020 - Market Trends, Regulations, and Competitive Landscape
    Published: 05-Oct-2020        Price: US 2500 Onwards        Pages: 103
    Canada Power Market Outlook to 2030, Update 2020 - Market Trends, Regulations, and Competitive Landscape Summary This report elaborates the power market structure of Canada and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the country's power market regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain are provided. The report a......
  • Global and United States Distributed Natural Gas-Fueled Generation Market Size, Status and Forecast 2020-2026
    Published: 02-Oct-2020        Price: US 3900 Onwards        Pages: 93
    Global Distributed Natural Gas-Fueled Generation Scope and Market Size Distributed Natural Gas-Fueled Generation market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Distributed Natural Gas-Fueled Generation market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026......
  • Brazil Power Market Outlook to 2030, Update 2020 - Market Trends, Regulations and Competitive Landscape
    Published: 30-Sep-2020        Price: US 2500 Onwards        Pages: 77
    Brazil Power Market Outlook to 2030, Update 2020 - Market Trends, Regulations and Competitive Landscape Summary This report elaborates the power market structure of Brazil and provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Detailed analysis of the country's power market regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain are provided. The report al......
  • Power Sector Mergers and Acquisitions and Investment Trends Monthly Deal Analysis - August 2020
    Published: 30-Sep-2020        Price: US 1000 Onwards        Pages: 69
    Power Sector Mergers and Acquisitions and Investment Trends Monthly Deal Analysis - August 2020 Summary GlobalData's "Power Sector Mergers and Acquisitions and Investment Trends Monthly Deal Analysis - August 2020" report is an essential source of data and trend analysis on the mergers and acquisitions (M&As) and financings in the power industry. The report provides detailed information on M&As, equity/debt offerings, private equity, venture financing and partnership tr......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs