Market Analysis and Insights:
The global Virtual Power Plant (VPP) market is projected to grow from US$ 1061.64 million in 2023 to US$ 3889.76 million by 2029, at a Compound Annual Growth Rate (CAGR) of 24.16% during the forecast period.
Report Includes
This report presents an overview of global market for Virtual Power Plant (VPP) market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Virtual Power Plant (VPP), also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Virtual Power Plant (VPP), and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Virtual Power Plant (VPP)revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Virtual Power Plant (VPP) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Virtual Power Plant (VPP) revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Ørsted, Duke Energy, RWE, Generac (Enbala), Bosch, GE Digital Energy, Enel X, Schneider Electric (AutoGrid), and Siemens, etc.
By Company
- Ørsted
- Duke Energy
- RWE
- Generac (Enbala)
- Bosch
- GE Digital Energy
- Enel X
- Schneider Electric (AutoGrid)
- Siemens
- Viridity Energy
- ABB
Segment by Type
Segment by Application
- Commercial
- Industrial
- Residential
By Region
- Asia (excluding China)
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- U.K.
- Italy
- Finland
- Middle East, Africa, and Latin America
- Brazil
- Mexico
- Middle East
- Africa
- China
Chapter Outline
- Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
- Chapter 2: Revenue of Virtual Power Plant (VPP) in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
- Chapter 3: Detailed analysis of Virtual Power Plant (VPP) companies competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
- Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
- Chapter 8: China by Type, and by Application, revenue for each segment.
- Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
- Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
- Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Virtual Power Plant (VPP)revenue, gross margin, and recent development, etc.
- Chapter 12: Analyst's Viewpoints/Conclusions
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Market Analysis by Type
- 1.2.1 Global Virtual Power Plant (VPP) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
- 1.2.2 OC Model
- 1.2.3 FM Model
- 1.3 Market by Application
- 1.3.1 Global Virtual Power Plant (VPP) Market Share by Application: 2018 VS 2022 VS 2029
- 1.3.2 Commercial
- 1.3.3 Industrial
- 1.3.4 Residential
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Global Virtual Power Plant (VPP) Market Perspective (2018-2029)
- 2.2 Global Virtual Power Plant (VPP) Growth Trends by Region
- 2.2.1 Global Virtual Power Plant (VPP) Market Size by Region: 2018 VS 2022 VS 2029
- 2.2.2 Virtual Power Plant (VPP) Historic Market Size by Region (2018-2023)
- 2.2.3 Virtual Power Plant (VPP) Forecasted Market Size by Region (2024-2029)
- 2.3 Virtual Power Plant (VPP) Market Dynamics
- 2.3.1 Virtual Power Plant (VPP) Industry Trends
- 2.3.2 Virtual Power Plant (VPP) Market Drivers
- 2.3.3 Virtual Power Plant (VPP) Market Challenges
- 2.3.4 Virtual Power Plant (VPP) Market Restraints
3 Competition Landscape by Key Players
- 3.1 Global Revenue Virtual Power Plant (VPP) by Players
- 3.1.1 Global Virtual Power Plant (VPP) Revenue by Players (2018-2023)
- 3.1.2 Global Virtual Power Plant (VPP) Revenue Market Share by Players (2018-2023)
- 3.2 Global Virtual Power Plant (VPP) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.3 Global Key Players of Virtual Power Plant (VPP), Ranking by Revenue, 2021 VS 2022 VS 2023
- 3.4 Global Virtual Power Plant (VPP) Market Concentration Ratio
- 3.4.1 Global Virtual Power Plant (VPP) Market Concentration Ratio (CR5 and HHI)
- 3.4.2 Global Top 10 and Top 5 Companies by Virtual Power Plant (VPP) Revenue in 2022
- 3.5 Global Key Players of Virtual Power Plant (VPP) Head office and Area Served
- 3.6 Established Date of Virtual Power Plant Market
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Virtual Power Plant (VPP) Breakdown Data by Type
- 4.1 Global Virtual Power Plant (VPP) Historic Market Size by Type (2018-2023)
- 4.2 Global Virtual Power Plant (VPP) Forecasted Market Size by Type (2024-2029)
5 Virtual Power Plant (VPP) Breakdown Data by Application
- 5.1 Global Virtual Power Plant (VPP) Historic Market Size by Application (2018-2023)
- 5.2 Global Virtual Power Plant (VPP) Forecasted Market Size by Application (2024-2029)
6 North America
- 6.1 North America Virtual Power Plant (VPP) Market Size (2018-2029)
- 6.2 North America Virtual Power Plant (VPP) Market Size by Type
- 6.2.1 North America Virtual Power Plant (VPP) Market Size by Type (2018-2023)
- 6.2.2 North America Virtual Power Plant (VPP) Market Size by Type (2024-2029)
- 6.2.3 North America Virtual Power Plant (VPP) Market Share by Type (2018-2029)
- 6.3 North America Virtual Power Plant (VPP) Market Size by Application
- 6.3.1 North America Virtual Power Plant (VPP) Market Size by Application (2018-2023)
- 6.3.2 North America Virtual Power Plant (VPP) Market Size by Application (2024-2029)
- 6.3.3 North America Virtual Power Plant (VPP) Market Share by Application (2018-2029)
- 6.4 North America Virtual Power Plant (VPP) Market Size by Country
- 6.4.1 North America Virtual Power Plant (VPP) Market Size by Country: 2018 VS 2022 VS 2029
- 6.4.2 North America Virtual Power Plant (VPP) Market Size by Country (2018-2023)
- 6.4.3 North America Virtual Power Plant (VPP) Market Share by Country (2024-2029)
- 6.4.4 United States
- 6.4.5 Canada
7 Europe
- 7.1 Europe Virtual Power Plant (VPP) Market Size (2018-2029)
- 7.2 Europe Virtual Power Plant (VPP) Market Size by Type
- 7.2.1 Europe Virtual Power Plant (VPP) Market Size by Type (2018-2023)
- 7.2.2 Europe Virtual Power Plant (VPP) Market Size by Type (2024-2029)
- 7.2.3 Europe Virtual Power Plant (VPP) Market Share by Type (2018-2029)
- 7.3 Europe Virtual Power Plant (VPP) Market Size by Application
- 7.3.1 Europe Virtual Power Plant (VPP) Market Size by Application (2018-2023)
- 7.3.2 Europe Virtual Power Plant (VPP) Market Size by Application (2024-2029)
- 7.3.3 Europe Virtual Power Plant (VPP) Market Share by Application (2018-2029)
- 7.4 Europe Virtual Power Plant (VPP) Market Size by Country
- 7.4.1 Europe Virtual Power Plant (VPP) Market Size by Country: 2018 VS 2022 VS 2029
- 7.4.2 Europe Virtual Power Plant (VPP) Market Size by Country (2018-2023)
- 7.4.3 Europe Virtual Power Plant (VPP) Market Size by Country (2024-2029)
- 7.4.4 Germany
- 7.4.5 France
- 7.4.6 U.K.
- 7.4.7 Italy
- 7.4.8 Finland
8 China
- 8.1 China Virtual Power Plant (VPP) Market Size (2018-2029)
- 8.2 China Virtual Power Plant (VPP) Market Size by Type
- 8.2.1 China Virtual Power Plant (VPP) Market Size by Type (2018-2023)
- 8.2.2 China Virtual Power Plant (VPP) Market Size by Type (2024-2029)
- 8.2.3 China Virtual Power Plant (VPP) Market Share by Type (2018-2029)
- 8.3 China Virtual Power Plant (VPP) Market Size by Application
- 8.3.1 China Virtual Power Plant (VPP) Market Size by Application (2018-2023)
- 8.3.2 China Virtual Power Plant (VPP) Market Size by Application (2024-2029)
- 8.3.3 China Virtual Power Plant (VPP) Market Share by Application (2018-2029)
9 Asia (excluding China)
- 9.1 Asia Virtual Power Plant (VPP) Market Size (2018-2029)
- 9.2 Asia Virtual Power Plant (VPP) Market Size by Type
- 9.2.1 Asia Virtual Power Plant (VPP) Market Size by Type (2018-2023)
- 9.2.2 Asia Virtual Power Plant (VPP) Market Size by Type (2024-2029)
- 9.2.3 Asia Virtual Power Plant (VPP) Market Share by Type (2018-2029)
- 9.3 Asia Virtual Power Plant (VPP) Market Size by Application
- 9.3.1 Asia Virtual Power Plant (VPP) Market Size by Application (2018-2023)
- 9.3.2 Asia Virtual Power Plant (VPP) Market Size by Application (2024-2029)
- 9.3.3 Asia Virtual Power Plant (VPP) Market Share by Application (2018-2029)
- 9.4 Asia Virtual Power Plant (VPP) Market Size by Region
- 9.4.1 Asia Virtual Power Plant (VPP) Market Size by Region: 2018 VS 2022 VS 2029
- 9.4.2 Asia Virtual Power Plant (VPP) Market Size by Region (2018-2023)
- 9.4.3 Asia Virtual Power Plant (VPP) Market Size by Region (2024-2029)
- 9.4.4 Japan
- 9.4.5 Korea
- 9.4.6 Southeast Asia
- 9.4.7 India
- 9.4.8 Australia
10 Middle East, Africa, and Latin America
- 10.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size (2018-2029)
- 10.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Type
- 10.2.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Type (2018-2023)
- 10.2.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Type (2024-2029)
- 10.2.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Share by Type (2018-2029)
- 10.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Application
- 10.3.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Application (2018-2023)
- 10.3.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Application (2024-2029)
- 10.3.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Share by Application (2018-2029)
- 10.4 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Country
- 10.4.1 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Country: 2018 VS 2022 VS 2029
- 10.4.2 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Country (2018-2023)
- 10.4.3 Middle East, Africa, and Latin America Virtual Power Plant (VPP) Market Size by Country (2024-2029)
- 10.4.4 Brazil
- 10.4.5 Mexico
- 10.4.6 Middle East
- 10.4.7 Africa
11 Key Players Profiles
- 11.1 Ørsted
- 11.1.1 Ørsted Company Details
- 11.1.2 Ørsted Business Overview
- 11.1.3 Ørsted Virtual Power Plant (VPP) Introduction
- 11.1.4 Ørsted Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.1.5 Ørsted Recent Development
- 11.2 Duke Energy
- 11.2.1 Duke Energy Company Details
- 11.2.2 Duke Energy Business Overview
- 11.2.3 Duke Energy Virtual Power Plant (VPP) Introduction
- 11.2.4 Duke Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.2.5 Duke Energy Recent Development
- 11.3 RWE
- 11.3.1 RWE Company Details
- 11.3.2 RWE Business Overview
- 11.3.3 RWE Virtual Power Plant (VPP) Introduction
- 11.3.4 RWE Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.3.5 RWE Recent Development
- 11.4 Generac (Enbala)
- 11.4.1 Generac (Enbala) Company Details
- 11.4.2 Generac (Enbala) Business Overview
- 11.4.3 Generac (Enbala) Virtual Power Plant (VPP) Introduction
- 11.4.4 Generac (Enbala) Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.4.5 Generac (Enbala) Recent Development
- 11.5 Bosch
- 11.5.1 Bosch Company Details
- 11.5.2 Bosch Business Overview
- 11.5.3 Bosch Virtual Power Plant (VPP) Introduction
- 11.5.4 Bosch Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.5.5 Bosch Recent Development
- 11.6 GE Digital Energy
- 11.6.1 GE Digital Energy Company Details
- 11.6.2 GE Digital Energy Business Overview
- 11.6.3 GE Digital Energy Virtual Power Plant (VPP) Introduction
- 11.6.4 GE Digital Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.7 Enel X
- 11.7.1 Enel X Company Details
- 11.7.2 Enel X Business Overview
- 11.7.3 Enel X Virtual Power Plant (VPP) Introduction
- 11.7.4 Enel X Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.7.5 Enel X Recent Development
- 11.8 Schneider Electric (AutoGrid)
- 11.8.1 Schneider Electric (AutoGrid) Company Details
- 11.8.2 Schneider Electric (AutoGrid) Business Overview
- 11.8.3 Schneider Electric (AutoGrid) Virtual Power Plant (VPP) Introduction
- 11.8.4 Schneider Electric (AutoGrid) Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.9 Siemens
- 11.9.1 Siemens Company Details
- 11.9.2 Siemens Business Overview
- 11.9.3 Siemens Virtual Power Plant (VPP) Introduction
- 11.9.4 Siemens Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.9.5 Siemens Recent Development
- 11.10 Viridity Energy
- 11.10.1 Viridity Energy Company Details
- 11.10.2 Viridity Energy Business Overview
- 11.10.3 Viridity Energy Virtual Power Plant (VPP) Introduction
- 11.10.4 Viridity Energy Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.10.5 Viridity Energy Recent Development
- 11.11 ABB
- 11.11.1 ABB Company Details
- 11.11.2 ABB Business Overview
- 11.11.3 ABB Virtual Power Plant (VPP) Introduction
- 11.11.4 ABB Revenue in Virtual Power Plant (VPP) Business (2018-2023)
- 11.11.5 ABB Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.2 Data Source
- 13.2 Author Details
- 13.3 Disclaimer