Global Virtual Power Plant Market -Industry Analysis and Forecast (2019-2027) by Technology, by End-User, by Application and by Region

Global Virtual Power Plant Market is expected to reach US$800 Mn by 2027 from US$XX Mn in 2019 at a CAGR of XX % during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Virtual Power Plant Market

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Global Virtual Power Plant Market Dynamics:

Virtual Power Plant (VPP) refers to a cluster of small-scale generators, such as power (CHP) units and combined heat and, backup generator sets, biogas plants, which collectively act akin to a single large power plant. The increase in the residential energy storage systems, as well as the increase in penetration of smart grid technologies, is some of the major driving factors expected to propel the virtual power plant market during the forecast period. Health concerns over high-frequency human exposure to radio and electromagnetic waves hamper the potential of the market for different end-users. The increase in the residential energy storage systems, as well as the increase in penetration of smart grid technologies, is some of the major driving factors expected to propel the virtual power plant market during the forecast period. Health concerns over high-frequency human exposure to radio and electromagnetic waves hamper the potential of the market for different end-users.

Global Virtual Power Plant Market Segment Analysis:

Global Virtual Power Plant Market is segmented by technology, end-user application, and region. Among the technology segment, the demand Response segment is likely to have a larger Virtual Power Plant Market share during the forecast period, owing to various benefits including earning incentives by participating in demand response program and peak load management. Based on the end-user segment, the Commercial & Industrial segment is expected to have a large Virtual Power Plant Market size during the forecast period. Industrial end-users are among the highest adopters of virtual power plant services and solutions and hence provide a major contribution to the market growth. In the petroleum refining industry, the peak load of electricity is highest and followed closely by the chemical industry.

Global Virtual Power Plant Market Regional Insights:

North America is expected to account for the largest Virtual Power Plant Market share during the forecast period. North America is advanced in terms of infrastructure and technology adoption. The rise in the use of renewable in order to decline in costs of solar PV, reduce carbon footprint and battery energy storage and shift from centralized to distributed generation would propel the market growth. However, the Asia-Pacific is expected to record the highest growth rate during the forecast period, owing to the largest market for the industrial sector and infrastructure sector is taking various steps to reduce carbon footprint and produce clean energy which includes renewable energy such as hydro energy, solar energy, and wind energy generation. The objective of the report is to present a comprehensive analysis of the Global Virtual Power Plant Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with an analysis of complicated data in simple language. The report covers all the aspects of the industry with the dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Virtual Power Plant Market dynamics, structure by analyzing the market segments and project the Global Virtual Power Plant Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Virtual Power Plant Market make the report investor’s guide.

Global Virtual Power Plant Market, Key Highlights:

• Global Virtual Power Plant Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Virtual Power Plant Market • Global Virtual Power Plant Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Virtual Power Plant Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global Virtual Power Plant Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Virtual Power Plant Market are also profiled.

Scope of the Global Virtual Power Plant Market Report: Inquire before buying

Global Virtual Power Plant Market, by Technology

• Demand Response • Distributed Generation • Mixed Asset

Global Virtual Power Plant Market, by End User

• Industrial • Commercial • Residential

Global Virtual Power Plant Market, By Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key Players Operating in the Virtual Power Plant Market:

• ABB, Ltd. • Autogrid Systems, Inc. • Blue Pillar • Cisco Systems, Inc. • Comverge • Cpower Energy Management • Enbala Power Networks, Inc. • Enernoc, Inc • Flexitricity Limited • General Electric • Hitachi, Ltd. • IBM • Limejump Limited • Next Kraftwerke • Olivene, Inc. • Open Access Technology International, Inc. • Osisoft • Power Analytics Corporation • Robert Bosch GmbH • Schneider Electric • Siemens AG • Spirae, Inc. • Sunverge • Toshiba Corporation • Upside Energy, Ltd.

Global Virtual Power Plant Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Virtual Power Plant Market Size, by Market Value (US$ Mn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Virtual Power Plant Market Analysis and Forecast 6.1. Global Virtual Power Plant Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Virtual Power Plant Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Virtual Power Plant Market Value Share Analysis, by Technology 7.4. Global Virtual Power Plant Market Size (US$ Mn) Forecast, by Technology 7.5. Global Virtual Power Plant Market Analysis, by Technology 7.6. Global Virtual Power Plant Market Attractiveness Analysis, by Technology 8. Global Virtual Power Plant Market Analysis and Forecast, by End User 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Virtual Power Plant Market Value Share Analysis, by End User 8.4. Global Virtual Power Plant Market Size (US$ Mn) Forecast, by End User 8.5. Global Virtual Power Plant Market Analysis, by End User 8.6. Global Virtual Power Plant Market Attractiveness Analysis, by End User 9. Global Virtual Power Plant Market Analysis, by Region 9.1. Global Virtual Power Plant Market Value Share Analysis, by Region 9.2. Global Virtual Power Plant Market Size (US$ Mn) Forecast, by Region 9.3. Global Virtual Power Plant Market Attractiveness Analysis, by Region 10. North America Virtual Power Plant Market Analysis 10.1. Key Findings 10.2. North America Virtual Power Plant Market Overview 10.3. North America Virtual Power Plant Market Value Share Analysis, by Technology 10.4. North America Virtual Power Plant Market Forecast, by Technology 10.4.1. Demand Response 10.4.2. Distributed Generation 10.4.3. Mixed Asset 10.5. North America Virtual Power Plant Market Value Share Analysis, by End User 10.6. North America Virtual Power Plant Market Forecast, by End User 10.6.1. Industrial 10.6.2. Commercial 10.6.3. Residential 10.7. North America Virtual Power Plant Market Value Share Analysis, by Country 10.8. North America Virtual Power Plant Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Virtual Power Plant Market Analysis, by Country 10.10. U.S. Virtual Power Plant Market Forecast, by Technology 10.10.1. Demand Response 10.10.2. Distributed Generation 10.10.3. Mixed Asset 10.11. U.S. Virtual Power Plant Market Forecast, by End User 10.11.1. Industrial 10.11.2. Commercial 10.11.3. Residential 10.12. Canada Virtual Power Plant Market Forecast, by Technology 10.12.1. Demand Response 10.12.2. Distributed Generation 10.12.3. Mixed Asset 10.13. Canada Virtual Power Plant Market Forecast, by End User 10.13.1. Industrial 10.13.2. Commercial 10.13.3. Residential 10.14. North America Virtual Power Plant Market Attractiveness Analysis 10.14.1. By Technology 10.14.2. By End User 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Virtual Power Plant Market Analysis 11.1. Key Findings 11.2. Europe Virtual Power Plant Market Overview 11.3. Europe Virtual Power Plant Market Value Share Analysis, by Technology 11.4. Europe Virtual Power Plant Market Forecast, by Technology 11.4.1. Demand Response 11.4.2. Distributed Generation 11.4.3. Mixed Asset 11.5. Europe Virtual Power Plant Market Value Share Analysis, by End User 11.6. Europe Virtual Power Plant Market Forecast, by End User 11.6.1. Industrial 11.6.2. Commercial 11.6.3. Residential 11.7. Europe Virtual Power Plant Market Value Share Analysis, by Country 11.8. Europe Virtual Power Plant Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Virtual Power Plant Market Analysis, by Country 11.10. Germany Virtual Power Plant Market Forecast, by Technology 11.10.1. Demand Response 11.10.2. Distributed Generation 11.10.3. Mixed Asset 11.11. Germany Virtual Power Plant Market Forecast, by End User 11.11.1. Industrial 11.11.2. Commercial 11.11.3. Residential 11.12. U.K. Virtual Power Plant Market Forecast, by Technology 11.12.1. Demand Response 11.12.2. Distributed Generation 11.12.3. Mixed Asset 11.13. U.K. Virtual Power Plant Market Forecast, by End User 11.13.1. Industrial 11.13.2. Commercial 11.13.3. Residential 11.14. France Virtual Power Plant Market Forecast, by Technology 11.14.1. Demand Response 11.14.2. Distributed Generation 11.14.3. Mixed Asset 11.15. France Virtual Power Plant Market Forecast, by End User 11.15.1. Industrial 11.15.2. Commercial 11.15.3. Residential 11.16. Italy Virtual Power Plant Market Forecast, by Technology 11.16.1. Demand Response 11.16.2. Distributed Generation 11.16.3. Mixed Asset 11.17. Italy Virtual Power Plant Market Forecast, by End User 11.17.1. Industrial 11.17.2. Commercial 11.17.3. Residential 11.18. Spain Virtual Power Plant Market Forecast, by Technology 11.18.1. Demand Response 11.18.2. Distributed Generation 11.18.3. Mixed Asset 11.19. Spain Virtual Power Plant Market Forecast, by End User 11.19.1. Industrial 11.19.2. Commercial 11.19.3. Residential 11.20. Rest of Europe Virtual Power Plant Market Forecast, by Technology 11.20.1. Demand Response 11.20.2. Distributed Generation 11.20.3. Mixed Asset 11.21. Rest of Europe Virtual Power Plant Market Forecast, by End User 11.21.1. Industrial 11.21.2. Commercial 11.21.3. Residential 11.22. Europe Virtual Power Plant Market Attractiveness Analysis 11.22.1. By Technology 11.22.2. By End User 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Virtual Power Plant Market Analysis 12.1. Key Findings 12.2. Asia Pacific Virtual Power Plant Market Overview 12.3. Asia Pacific Virtual Power Plant Market Value Share Analysis, by Technology 12.4. Asia Pacific Virtual Power Plant Market Forecast, by Technology 12.4.1. Demand Response 12.4.2. Distributed Generation 12.4.3. Mixed Asset 12.5. Asia Pacific Virtual Power Plant Market Value Share Analysis, by End User 12.6. Asia Pacific Virtual Power Plant Market Forecast, by End User 12.6.1. Industrial 12.6.2. Commercial 12.6.3. Residential 12.7. Asia Pacific Virtual Power Plant Market Value Share Analysis, by Country 12.8. Asia Pacific Virtual Power Plant Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Virtual Power Plant Market Analysis, by Country 12.10. China Virtual Power Plant Market Forecast, by Technology 12.10.1. Demand Response 12.10.2. Distributed Generation 12.10.3. Mixed Asset 12.11. China Virtual Power Plant Market Forecast, by End User 12.11.1. Industrial 12.11.2. Commercial 12.11.3. Residential 12.12. India Virtual Power Plant Market Forecast, by Technology 12.12.1. Demand Response 12.12.2. Distributed Generation 12.12.3. Mixed Asset 12.13. India Virtual Power Plant Market Forecast, by End User 12.13.1. Pharmaceuticals 12.13.2. Agrochemicals 12.14. Japan Virtual Power Plant Market Forecast, by Technology 12.14.1. Demand Response 12.14.2. Distributed Generation 12.14.3. Mixed Asset 12.15. Japan Virtual Power Plant Market Forecast, by End User 12.15.1. Industrial 12.15.2. Commercial 12.15.3. Residential 12.16. ASEAN Virtual Power Plant Market Forecast, by Technology 12.16.1. Demand Response 12.16.2. Distributed Generation 12.16.3. Mixed Asset 12.17. ASEAN Virtual Power Plant Market Forecast, by End User 12.17.1. Industrial 12.17.2. Commercial 12.17.3. Residential 12.18. Rest of Asia Pacific Virtual Power Plant Market Forecast, by Technology 12.18.1. Demand Response 12.18.2. Distributed Generation 12.18.3. Mixed Asset 12.19. Rest of Asia Pacific Virtual Power Plant Market Forecast, by End User 12.19.1. Industrial 12.19.2. Commercial 12.19.3. Residential 12.20. Asia Pacific Virtual Power Plant Market Attractiveness Analysis 12.20.1. By Technology 12.20.2. By End User 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Virtual Power Plant Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Virtual Power Plant Market Overview 13.3. Middle East & Africa Virtual Power Plant Market Value Share Analysis, by Technology 13.4. Middle East & Africa Virtual Power Plant Market Forecast, by Technology 13.4.1. Demand Response 13.4.2. Distributed Generation 13.4.3. Mixed Asset 13.5. Middle East & Africa Virtual Power Plant Market Value Share Analysis, by End User 13.6. Middle East & Africa Virtual Power Plant Market Forecast, by End User 13.6.1. Industrial 13.6.2. Commercial 13.6.3. Residential 13.7. Middle East & Africa Virtual Power Plant Market Value Share Analysis, by Country 13.8. Middle East & Africa Virtual Power Plant Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Virtual Power Plant Market Analysis, by Country 13.10. GCC Virtual Power Plant Market Forecast, by Technology 13.10.1. Demand Response 13.10.2. Distributed Generation 13.10.3. Mixed Asset 13.11. GCC Virtual Power Plant Market Forecast, by End User 13.11.1. Industrial 13.11.2. Commercial 13.11.3. Residential 13.12. South Africa Virtual Power Plant Market Forecast, by Technology 13.12.1. Demand Response 13.12.2. Distributed Generation 13.12.3. Mixed Asset 13.13. South Africa Virtual Power Plant Market Forecast, by End User 13.13.1. Industrial 13.13.2. Commercial 13.13.3. Residential 13.14. Rest of Middle East & Africa Virtual Power Plant Market Forecast, by Technology 13.14.1. Demand Response 13.14.2. Distributed Generation 13.14.3. Mixed Asset 13.15. Rest of Middle East & Africa Virtual Power Plant Market Forecast, by End User 13.15.1. Industrial 13.15.2. Commercial 13.15.3. Residential 13.16. Middle East & Africa Virtual Power Plant Market Attractiveness Analysis 13.16.1. By Technology 13.16.2. By End User 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Virtual Power Plant Market Analysis 14.1. Key Findings 14.2. South America Virtual Power Plant Market Overview 14.3. South America Virtual Power Plant Market Value Share Analysis, by Technology 14.4. South America Virtual Power Plant Market Forecast, by Technology 14.4.1. Demand Response 14.4.2. Distributed Generation 14.4.3. Mixed Asset 14.5. South America Virtual Power Plant Market Value Share Analysis, by End User 14.6. South America Virtual Power Plant Market Forecast, by End User 14.6.1. Industrial 14.6.2. Commercial 14.6.3. Residential 14.7. South America Virtual Power Plant Market Value Share Analysis, by Country 14.8. South America Virtual Power Plant Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Virtual Power Plant Market Analysis, by Country 14.10. Brazil Virtual Power Plant Market Forecast, by Technology 14.10.1. Demand Response 14.10.2. Distributed Generation 14.10.3. Mixed Asset 14.11. Brazil Virtual Power Plant Market Forecast, by End User 14.11.1. Industrial 14.11.2. Commercial 14.11.3. Residential 14.12. Mexico Virtual Power Plant Market Forecast, by Technology 14.12.1. Demand Response 14.12.2. Distributed Generation 14.12.3. Mixed Asset 14.13. Mexico Virtual Power Plant Market Forecast, by End User 14.13.1. Industrial 14.13.2. Commercial 14.13.3. Residential 14.14. Rest of South America Virtual Power Plant Market Forecast, by Technology 14.14.1. Demand Response 14.14.2. Distributed Generation 14.14.3. Mixed Asset 14.15. Rest of South America Virtual Power Plant Market Forecast, by End User 14.15.1. Industrial 14.15.2. Commercial 14.15.3. Residential 14.16. South America Virtual Power Plant Market Attractiveness Analysis 14.16.1. By Technology 14.16.2. By End User 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. ABB, Ltd. 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 1.1.1.1. Company Footprint 15.3.2. Autogrid Systems, Inc. 15.3.3. Blue Pillar 15.3.4. Cisco Systems, Inc. 15.3.5. Comverge 15.3.6. Cpower Energy Management 15.3.7. Enbala Power Networks, Inc. 15.3.8. Enernoc, Inc 15.3.9. Flexitricity Limited 15.3.10. General Electric 15.3.11. Hitachi, Ltd. 15.3.12. IBM 15.3.13. Limejump Limited 15.3.14. Next Kraftwerke 15.3.15. Olivene, Inc. 15.3.16. Open Access Technology International, Inc. 15.3.17. Osisoft 15.3.18. Power Analytics Corporation 15.3.19. Robert Bosch GmbH 15.3.20. Schneider Electric 15.3.21. Siemens AG 15.3.22. Spirae, Inc. 15.3.23. Sunverge 15.3.24. Toshiba Corporation 15.3.25. Upside Energy, Ltd. 16. Primary Key Insights

About This Report

Report ID 14847
Category Energy & Power
Published Date July 2019
Updated Date March 2021
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