Global Virtual Power Plant (VPP) Market 2023 by Company, Regions, Type and Application, Forecast to 2029
Page: 100
Published Date: 05 Aug 2023
Category: Energy & Power
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- Description
- Table of Contents
- Table of Figures
- Research Methodology
- Companies Mentioned
- Related Reports
- Product Tags
Description
According to our (Global Info Research) latest study, the global Virtual Power Plant (VPP) market size was valued at USD 886.5 million in 2022 and is forecast to a readjusted size of USD 3801.9 million by 2029 with a CAGR of 23.1% during review period.
A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous distributed energy resources (DER) for the purposes of enhancing power generation, as well as trading or selling power on the electricity market.
A Virtual Power Plant (VPP) is an aggregated portfolio of Distributed Energy Resources and Controllable Loads into energy blocks which can be used to participate in Energy Markets and offer Services to the System Operator.
In this report, what is included in our statistics is the market size of virtual power plant technology service providers.
Global core virtual power plant (VPP) manufacturers include Schneider Electric (AutoGrid), Siemens, Generac (Enbala), GE Digital Energy and ABB. The top 5 companies hold a share about 85%. Europe is the largest market, with a share over 50%, followed by Asia Pacific and North America with the share about 25% and 20%.
Based on the product type, the Virtual Power Plant (VPP) is primarily split into OC Model and FM Model. FM model is the largest segment, with a share over 50%.
Based on the Virtual Power Plant (VPP) application, the Virtual Power Plant (VPP) market is segmented into several major parts, like Commercial, Industrial and Residential. The largest application is commercial, followed by residential.
The Global Info Research report includes an overview of the development of the Virtual Power Plant (VPP) industry chain, the market status of Commercial (OC Model, FM Model), Industrial (OC Model, FM Model), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Virtual Power Plant (VPP).
Regionally, the report analyzes the Virtual Power Plant (VPP) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Virtual Power Plant (VPP) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Virtual Power Plant (VPP) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Virtual Power Plant (VPP) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., OC Model, FM Model).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Virtual Power Plant (VPP) market.
Regional Analysis: The report involves examining the Virtual Power Plant (VPP) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Virtual Power Plant (VPP) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Virtual Power Plant (VPP):
Company Analysis: Report covers individual Virtual Power Plant (VPP) players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Virtual Power Plant (VPP) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Industrial).
Technology Analysis: Report covers specific technologies relevant to Virtual Power Plant (VPP). It assesses the current state, advancements, and potential future developments in Virtual Power Plant (VPP) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Virtual Power Plant (VPP) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Virtual Power Plant (VPP) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
OC Model
FM Model
Market segment by Application
Commercial
Industrial
Residential
Market segment by players, this report covers
Ørsted
Duke Energy
RWE
Generac (Enbala)
Bosch
GE Digital Energy
Enel X
Schneider Electric(AutoGrid)
Siemens
Viridity Energy
ABB
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Virtual Power Plant (VPP) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Virtual Power Plant (VPP), with revenue, gross margin and global market share of Virtual Power Plant (VPP) from 2018 to 2023.
Chapter 3, the Virtual Power Plant (VPP) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Virtual Power Plant (VPP) market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Virtual Power Plant (VPP).
Chapter 13, to describe Virtual Power Plant (VPP) research findings and conclusion.
Table of Contents
1 Market Overview
1.1 Product Overview and Scope of Virtual Power Plant (VPP)
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Virtual Power Plant (VPP) by Type
1.3.1 Overview: Global Virtual Power Plant (VPP) Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Virtual Power Plant (VPP) Consumption Value Market Share by Type in 2022
1.3.3 OC Model
1.3.4 FM Model
1.4 Global Virtual Power Plant (VPP) Market by Application
1.4.1 Overview: Global Virtual Power Plant (VPP) Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Commercial
1.4.3 Industrial
1.4.4 Residential
1.5 Global Virtual Power Plant (VPP) Market Size & Forecast
1.6 Global Virtual Power Plant (VPP) Market Size and Forecast by Region
1.6.1 Global Virtual Power Plant (VPP) Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Virtual Power Plant (VPP) Market Size by Region, (2018-2029)
1.6.3 North America Virtual Power Plant (VPP) Market Size and Prospect (2018-2029)
1.6.4 Europe Virtual Power Plant (VPP) Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Virtual Power Plant (VPP) Market Size and Prospect (2018-2029)
1.6.6 South America Virtual Power Plant (VPP) Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Virtual Power Plant (VPP) Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 Ørsted
2.1.1 Ørsted Details
2.1.2 Ørsted Major Business
2.1.3 Ørsted Virtual Power Plant (VPP) Product and Solutions
2.1.4 Ørsted Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Ørsted Recent Developments and Future Plans
2.2 Duke Energy
2.2.1 Duke Energy Details
2.2.2 Duke Energy Major Business
2.2.3 Duke Energy Virtual Power Plant (VPP) Product and Solutions
2.2.4 Duke Energy Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Duke Energy Recent Developments and Future Plans
2.3 RWE
2.3.1 RWE Details
2.3.2 RWE Major Business
2.3.3 RWE Virtual Power Plant (VPP) Product and Solutions
2.3.4 RWE Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 RWE Recent Developments and Future Plans
2.4 Generac (Enbala)
2.4.1 Generac (Enbala) Details
2.4.2 Generac (Enbala) Major Business
2.4.3 Generac (Enbala) Virtual Power Plant (VPP) Product and Solutions
2.4.4 Generac (Enbala) Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Generac (Enbala) Recent Developments and Future Plans
2.5 Bosch
2.5.1 Bosch Details
2.5.2 Bosch Major Business
2.5.3 Bosch Virtual Power Plant (VPP) Product and Solutions
2.5.4 Bosch Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Bosch Recent Developments and Future Plans
2.6 GE Digital Energy
2.6.1 GE Digital Energy Details
2.6.2 GE Digital Energy Major Business
2.6.3 GE Digital Energy Virtual Power Plant (VPP) Product and Solutions
2.6.4 GE Digital Energy Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 GE Digital Energy Recent Developments and Future Plans
2.7 Enel X
2.7.1 Enel X Details
2.7.2 Enel X Major Business
2.7.3 Enel X Virtual Power Plant (VPP) Product and Solutions
2.7.4 Enel X Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Enel X Recent Developments and Future Plans
2.8 Schneider Electric(AutoGrid)
2.8.1 Schneider Electric(AutoGrid) Details
2.8.2 Schneider Electric(AutoGrid) Major Business
2.8.3 Schneider Electric(AutoGrid) Virtual Power Plant (VPP) Product and Solutions
2.8.4 Schneider Electric(AutoGrid) Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Schneider Electric(AutoGrid) Recent Developments and Future Plans
2.9 Siemens
2.9.1 Siemens Details
2.9.2 Siemens Major Business
2.9.3 Siemens Virtual Power Plant (VPP) Product and Solutions
2.9.4 Siemens Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Siemens Recent Developments and Future Plans
2.10 Viridity Energy
2.10.1 Viridity Energy Details
2.10.2 Viridity Energy Major Business
2.10.3 Viridity Energy Virtual Power Plant (VPP) Product and Solutions
2.10.4 Viridity Energy Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Viridity Energy Recent Developments and Future Plans
2.11 ABB
2.11.1 ABB Details
2.11.2 ABB Major Business
2.11.3 ABB Virtual Power Plant (VPP) Product and Solutions
2.11.4 ABB Virtual Power Plant (VPP) Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 ABB Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Virtual Power Plant (VPP) Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Virtual Power Plant (VPP) by Company Revenue
3.2.2 Top 3 Virtual Power Plant (VPP) Players Market Share in 2022
3.2.3 Top 6 Virtual Power Plant (VPP) Players Market Share in 2022
3.3 Virtual Power Plant (VPP) Market: Overall Company Footprint Analysis
3.3.1 Virtual Power Plant (VPP) Market: Region Footprint
3.3.2 Virtual Power Plant (VPP) Market: Company Product Type Footprint
3.3.3 Virtual Power Plant (VPP) Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Virtual Power Plant (VPP) Consumption Value and Market Share by Type (2018-2023)
4.2 Global Virtual Power Plant (VPP) Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Virtual Power Plant (VPP) Consumption Value Market Share by Application (2018-2023)
5.2 Global Virtual Power Plant (VPP) Market Forecast by Application (2024-2029)
6 North America
6.1 North America Virtual Power Plant (VPP) Consumption Value by Type (2018-2029)
6.2 North America Virtual Power Plant (VPP) Consumption Value by Application (2018-2029)
6.3 North America Virtual Power Plant (VPP) Market Size by Country
6.3.1 North America Virtual Power Plant (VPP) Consumption Value by Country (2018-2029)
6.3.2 United States Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
6.3.3 Canada Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
6.3.4 Mexico Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Virtual Power Plant (VPP) Consumption Value by Type (2018-2029)
7.2 Europe Virtual Power Plant (VPP) Consumption Value by Application (2018-2029)
7.3 Europe Virtual Power Plant (VPP) Market Size by Country
7.3.1 Europe Virtual Power Plant (VPP) Consumption Value by Country (2018-2029)
7.3.2 Germany Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
7.3.3 France Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
7.3.5 Russia Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
7.3.6 Italy Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Virtual Power Plant (VPP) Market Size by Region
8.3.1 Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Region (2018-2029)
8.3.2 China Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
8.3.3 Japan Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
8.3.4 South Korea Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
8.3.5 India Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
8.3.7 Australia Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
9 South America
9.1 South America Virtual Power Plant (VPP) Consumption Value by Type (2018-2029)
9.2 South America Virtual Power Plant (VPP) Consumption Value by Application (2018-2029)
9.3 South America Virtual Power Plant (VPP) Market Size by Country
9.3.1 South America Virtual Power Plant (VPP) Consumption Value by Country (2018-2029)
9.3.2 Brazil Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
9.3.3 Argentina Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Virtual Power Plant (VPP) Market Size by Country
10.3.1 Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Country (2018-2029)
10.3.2 Turkey Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
10.3.4 UAE Virtual Power Plant (VPP) Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Virtual Power Plant (VPP) Market Drivers
11.2 Virtual Power Plant (VPP) Market Restraints
11.3 Virtual Power Plant (VPP) Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Virtual Power Plant (VPP) Industry Chain
12.2 Virtual Power Plant (VPP) Upstream Analysis
12.3 Virtual Power Plant (VPP) Midstream Analysis
12.4 Virtual Power Plant (VPP) Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Table of Figures
List of Tables
Table 1. Global Virtual Power Plant (VPP) Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Table 2. Global Virtual Power Plant (VPP) Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
Table 3. Global Virtual Power Plant (VPP) Consumption Value by Region (2018-2023) & (USD Million)
Table 4. Global Virtual Power Plant (VPP) Consumption Value by Region (2024-2029) & (USD Million)
Table 5. Ørsted Company Information, Head Office, and Major Competitors
Table 6. Ørsted Major Business
Table 7. Ørsted Virtual Power Plant (VPP) Product and Solutions
Table 8. Ørsted Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 9. Ørsted Recent Developments and Future Plans
Table 10. Duke Energy Company Information, Head Office, and Major Competitors
Table 11. Duke Energy Major Business
Table 12. Duke Energy Virtual Power Plant (VPP) Product and Solutions
Table 13. Duke Energy Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 14. Duke Energy Recent Developments and Future Plans
Table 15. RWE Company Information, Head Office, and Major Competitors
Table 16. RWE Major Business
Table 17. RWE Virtual Power Plant (VPP) Product and Solutions
Table 18. RWE Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 19. RWE Recent Developments and Future Plans
Table 20. Generac (Enbala) Company Information, Head Office, and Major Competitors
Table 21. Generac (Enbala) Major Business
Table 22. Generac (Enbala) Virtual Power Plant (VPP) Product and Solutions
Table 23. Generac (Enbala) Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 24. Generac (Enbala) Recent Developments and Future Plans
Table 25. Bosch Company Information, Head Office, and Major Competitors
Table 26. Bosch Major Business
Table 27. Bosch Virtual Power Plant (VPP) Product and Solutions
Table 28. Bosch Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 29. Bosch Recent Developments and Future Plans
Table 30. GE Digital Energy Company Information, Head Office, and Major Competitors
Table 31. GE Digital Energy Major Business
Table 32. GE Digital Energy Virtual Power Plant (VPP) Product and Solutions
Table 33. GE Digital Energy Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 34. GE Digital Energy Recent Developments and Future Plans
Table 35. Enel X Company Information, Head Office, and Major Competitors
Table 36. Enel X Major Business
Table 37. Enel X Virtual Power Plant (VPP) Product and Solutions
Table 38. Enel X Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 39. Enel X Recent Developments and Future Plans
Table 40. Schneider Electric(AutoGrid) Company Information, Head Office, and Major Competitors
Table 41. Schneider Electric(AutoGrid) Major Business
Table 42. Schneider Electric(AutoGrid) Virtual Power Plant (VPP) Product and Solutions
Table 43. Schneider Electric(AutoGrid) Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 44. Schneider Electric(AutoGrid) Recent Developments and Future Plans
Table 45. Siemens Company Information, Head Office, and Major Competitors
Table 46. Siemens Major Business
Table 47. Siemens Virtual Power Plant (VPP) Product and Solutions
Table 48. Siemens Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 49. Siemens Recent Developments and Future Plans
Table 50. Viridity Energy Company Information, Head Office, and Major Competitors
Table 51. Viridity Energy Major Business
Table 52. Viridity Energy Virtual Power Plant (VPP) Product and Solutions
Table 53. Viridity Energy Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 54. Viridity Energy Recent Developments and Future Plans
Table 55. ABB Company Information, Head Office, and Major Competitors
Table 56. ABB Major Business
Table 57. ABB Virtual Power Plant (VPP) Product and Solutions
Table 58. ABB Virtual Power Plant (VPP) Revenue (USD Million), Gross Margin and Market Share (2018-2023)
Table 59. ABB Recent Developments and Future Plans
Table 60. Global Virtual Power Plant (VPP) Revenue (USD Million) by Players (2018-2023)
Table 61. Global Virtual Power Plant (VPP) Revenue Share by Players (2018-2023)
Table 62. Breakdown of Virtual Power Plant (VPP) by Company Type (Tier 1, Tier 2, and Tier 3)
Table 63. Market Position of Players in Virtual Power Plant (VPP), (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
Table 64. Head Office of Key Virtual Power Plant (VPP) Players
Table 65. Virtual Power Plant (VPP) Market: Company Product Type Footprint
Table 66. Virtual Power Plant (VPP) Market: Company Product Application Footprint
Table 67. Virtual Power Plant (VPP) New Market Entrants and Barriers to Market Entry
Table 68. Virtual Power Plant (VPP) Mergers, Acquisition, Agreements, and Collaborations
Table 69. Global Virtual Power Plant (VPP) Consumption Value (USD Million) by Type (2018-2023)
Table 70. Global Virtual Power Plant (VPP) Consumption Value Share by Type (2018-2023)
Table 71. Global Virtual Power Plant (VPP) Consumption Value Forecast by Type (2024-2029)
Table 72. Global Virtual Power Plant (VPP) Consumption Value by Application (2018-2023)
Table 73. Global Virtual Power Plant (VPP) Consumption Value Forecast by Application (2024-2029)
Table 74. North America Virtual Power Plant (VPP) Consumption Value by Type (2018-2023) & (USD Million)
Table 75. North America Virtual Power Plant (VPP) Consumption Value by Type (2024-2029) & (USD Million)
Table 76. North America Virtual Power Plant (VPP) Consumption Value by Application (2018-2023) & (USD Million)
Table 77. North America Virtual Power Plant (VPP) Consumption Value by Application (2024-2029) & (USD Million)
Table 78. North America Virtual Power Plant (VPP) Consumption Value by Country (2018-2023) & (USD Million)
Table 79. North America Virtual Power Plant (VPP) Consumption Value by Country (2024-2029) & (USD Million)
Table 80. Europe Virtual Power Plant (VPP) Consumption Value by Type (2018-2023) & (USD Million)
Table 81. Europe Virtual Power Plant (VPP) Consumption Value by Type (2024-2029) & (USD Million)
Table 82. Europe Virtual Power Plant (VPP) Consumption Value by Application (2018-2023) & (USD Million)
Table 83. Europe Virtual Power Plant (VPP) Consumption Value by Application (2024-2029) & (USD Million)
Table 84. Europe Virtual Power Plant (VPP) Consumption Value by Country (2018-2023) & (USD Million)
Table 85. Europe Virtual Power Plant (VPP) Consumption Value by Country (2024-2029) & (USD Million)
Table 86. Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Type (2018-2023) & (USD Million)
Table 87. Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Type (2024-2029) & (USD Million)
Table 88. Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Application (2018-2023) & (USD Million)
Table 89. Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Application (2024-2029) & (USD Million)
Table 90. Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Region (2018-2023) & (USD Million)
Table 91. Asia-Pacific Virtual Power Plant (VPP) Consumption Value by Region (2024-2029) & (USD Million)
Table 92. South America Virtual Power Plant (VPP) Consumption Value by Type (2018-2023) & (USD Million)
Table 93. South America Virtual Power Plant (VPP) Consumption Value by Type (2024-2029) & (USD Million)
Table 94. South America Virtual Power Plant (VPP) Consumption Value by Application (2018-2023) & (USD Million)
Table 95. South America Virtual Power Plant (VPP) Consumption Value by Application (2024-2029) & (USD Million)
Table 96. South America Virtual Power Plant (VPP) Consumption Value by Country (2018-2023) & (USD Million)
Table 97. South America Virtual Power Plant (VPP) Consumption Value by Country (2024-2029) & (USD Million)
Table 98. Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Type (2018-2023) & (USD Million)
Table 99. Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Type (2024-2029) & (USD Million)
Table 100. Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Application (2018-2023) & (USD Million)
Table 101. Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Application (2024-2029) & (USD Million)
Table 102. Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Country (2018-2023) & (USD Million)
Table 103. Middle East & Africa Virtual Power Plant (VPP) Consumption Value by Country (2024-2029) & (USD Million)
Table 104. Virtual Power Plant (VPP) Raw Material
Table 105. Key Suppliers of Virtual Power Plant (VPP) Raw Materials
List of Figures
Figure 1. Virtual Power Plant (VPP) Picture
Figure 2. Global Virtual Power Plant (VPP) Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 3. Global Virtual Power Plant (VPP) Consumption Value Market Share by Type in 2022
Figure 4. OC Model
Figure 5. FM Model
Figure 6. Global Virtual Power Plant (VPP) Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
Figure 7. Virtual Power Plant (VPP) Consumption Value Market Share by Application in 2022
Figure 8. Commercial Picture
Figure 9. Industrial Picture
Figure 10. Residential Picture
Figure 11. Global Virtual Power Plant (VPP) Consumption Value, (USD Million): 2018 & 2022 & 2029
Figure 12. Global Virtual Power Plant (VPP) Consumption Value and Forecast (2018-2029) & (USD Million)
Figure 13. Global Market Virtual Power Plant (VPP) Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
Figure 14. Global Virtual Power Plant (VPP) Consumption Value Market Share by Region (2018-2029)
Figure 15. Global Virtual Power Plant (VPP) Consumption Value Market Share by Region in 2022
Figure 16. North America Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 17. Europe Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 18. Asia-Pacific Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 19. South America Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 20. Middle East and Africa Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 21. Global Virtual Power Plant (VPP) Revenue Share by Players in 2022
Figure 22. Virtual Power Plant (VPP) Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
Figure 23. Global Top 3 Players Virtual Power Plant (VPP) Market Share in 2022
Figure 24. Global Top 6 Players Virtual Power Plant (VPP) Market Share in 2022
Figure 25. Global Virtual Power Plant (VPP) Consumption Value Share by Type (2018-2023)
Figure 26. Global Virtual Power Plant (VPP) Market Share Forecast by Type (2024-2029)
Figure 27. Global Virtual Power Plant (VPP) Consumption Value Share by Application (2018-2023)
Figure 28. Global Virtual Power Plant (VPP) Market Share Forecast by Application (2024-2029)
Figure 29. North America Virtual Power Plant (VPP) Consumption Value Market Share by Type (2018-2029)
Figure 30. North America Virtual Power Plant (VPP) Consumption Value Market Share by Application (2018-2029)
Figure 31. North America Virtual Power Plant (VPP) Consumption Value Market Share by Country (2018-2029)
Figure 32. United States Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 33. Canada Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 34. Mexico Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 35. Europe Virtual Power Plant (VPP) Consumption Value Market Share by Type (2018-2029)
Figure 36. Europe Virtual Power Plant (VPP) Consumption Value Market Share by Application (2018-2029)
Figure 37. Europe Virtual Power Plant (VPP) Consumption Value Market Share by Country (2018-2029)
Figure 38. Germany Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 39. France Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 40. United Kingdom Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 41. Russia Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 42. Italy Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 43. Asia-Pacific Virtual Power Plant (VPP) Consumption Value Market Share by Type (2018-2029)
Figure 44. Asia-Pacific Virtual Power Plant (VPP) Consumption Value Market Share by Application (2018-2029)
Figure 45. Asia-Pacific Virtual Power Plant (VPP) Consumption Value Market Share by Region (2018-2029)
Figure 46. China Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 47. Japan Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 48. South Korea Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 49. India Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 50. Southeast Asia Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 51. Australia Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 52. South America Virtual Power Plant (VPP) Consumption Value Market Share by Type (2018-2029)
Figure 53. South America Virtual Power Plant (VPP) Consumption Value Market Share by Application (2018-2029)
Figure 54. South America Virtual Power Plant (VPP) Consumption Value Market Share by Country (2018-2029)
Figure 55. Brazil Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 56. Argentina Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 57. Middle East and Africa Virtual Power Plant (VPP) Consumption Value Market Share by Type (2018-2029)
Figure 58. Middle East and Africa Virtual Power Plant (VPP) Consumption Value Market Share by Application (2018-2029)
Figure 59. Middle East and Africa Virtual Power Plant (VPP) Consumption Value Market Share by Country (2018-2029)
Figure 60. Turkey Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 61. Saudi Arabia Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 62. UAE Virtual Power Plant (VPP) Consumption Value (2018-2029) & (USD Million)
Figure 63. Virtual Power Plant (VPP) Market Drivers
Figure 64. Virtual Power Plant (VPP) Market Restraints
Figure 65. Virtual Power Plant (VPP) Market Trends
Figure 66. Porters Five Forces Analysis
Figure 67. Manufacturing Cost Structure Analysis of Virtual Power Plant (VPP) in 2022
Figure 68. Manufacturing Process Analysis of Virtual Power Plant (VPP)
Figure 69. Virtual Power Plant (VPP) Industrial Chain
Figure 70. Methodology
Figure 71. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
Ørsted Duke Energy RWE Generac (Enbala) Bosch GE Digital Energy Enel X Schneider Electric(AutoGrid) Siemens Viridity Energy ABB
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