Blockchain Market 2018 Exclusive Analysis by Renowned Players | Power Ledger Pty Ltd, WePower UAB, LO3 Energy, Grid, BTL Group, The Sun Exchange, Etc.

Market Definition:
The global market size for blockchain in energy is expected to increase from USD 180.3 Mn in 2017 to more than USD 5,000 Mn by 2023. Businesses are utilizing blockchain for data management and to track financial transactions and interactions. Moreover, it offers a secure channel for businesses to manage data. In today’s world, technologies such as the blockchain are gaining popularity among enterprises and other organizations owing their high relevance. Blockchain can make a significant impact on factors such as operational costs, capital expenditure, risk management, and security. Increased automation with data integrity and security is expected to support the growth of the global blockchain in energy market over the next couple of years. In addition, shifting focus towards enabling real-time transactions and creating more dynamic business models in expected to create market opportunities in near future.

Market Scenario:
MRFR’s market perspective on blockchain in energy includes a detailed observation on the historical market trends, current market scenario, and revenue forecast for the next five years, till 2023. The market sizing offered in the report has been validated by examining several elements. The market assessment based on technology type covers open blockchain, closed blockchain, consortium blockchain, and hybrid blockchain. By platform type, a market analysis has been made for ethereum, hyperledger, tendermint, interbit. Based on implementation type, key segments discussed in the report include service & solution, development platforms and industry specific. End-use industries considered for assessing the overall market revenue include power & utilities, renewable energy and oil & gas. On the basis of application, the scope of discussion covers grid management, energy trading, control & security, payment schemes, supply chain and logistics.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/5814

Key players:
Global Blockchain in Energy market key players studied are Power Ledger Pty Ltd, WePower UAB, LO3 Energy, Inc, Grid +, BTL Group Ltd., The Sun Exchange (Pty) Ltd, Conjoule GmbH, Enosi Foundation and Electron (Chaddenwych Services Limited).

Intended Audience:
Utility infrastructure providers
Renewable energy power developers
Service providers
Consulting companies of the energy and power sector
Environmental and regional energy associations
Government and research organizations
Investment banks
Venture Capitalists and Investors
Blockchain solution providers

Report Nomenclatures:
Value, Market Share, Player Analysis, value chain analysis, Porter's five forces model, demand & supply, gap analysis, investment opportunities analysis, pricing analysis, technological trends, country level break down for type, stages, age group, diagnosis & treatment, route of administration, and end-user.

Research Methodology:
The research approach taken by Market Research Future tracks the current trends in the market efficaciously. The reports are astute in highlighting the cycle of disruption that companies are facing in the market and the degree of change they can bring out in the progress of the market. The research process is a collaborative process at our end, which ensure a credible and objective market outlook. The reports consist of data and information that is conducive to fast decision-making and reflects the actual condition of the market. The reports also focus aptly on the next significant trends that can transform the competitive landscape of the market. The growth opportunities of any market are discovered by the constructive use of primary and secondary research. Additionally, the use of top-up and bottom-down approaches enhances the report’s credibility to a great extent.

Other Description:
Market Denomination- USD million
Base year-2017
Forecast Period- from 2017 to 2023
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for blockchain in energy

By Technology Type:
Open Blockchain
Closed Blockchain
Consortium Blockchain
Hybrid Blockchain

By Platform Type:
Ethereum
Hyperledger
Tendermint
Interbit
Others

By Implementation Type:
Service & Solution
Development Platforms
Industry Specific

By End-Use Industries:
Power & Utilities
Renewable Energy
Oil & Gas

By Applications:
Grid Management
Microgrid and Smart Grids
Energy Storage
Energy Trading
Smart Contracts
Real-time Pricing
Peer-to-Peer Trading
Control & Security
Instant Demand Response
Drilling Optimization
Compliance Monitoring
Payment Schemes
As Tokens
As Wallets
As Cross-Border Payments
Supply Chain and Logistics
Inventory Management
Purchase Order & Validity of Documents

By Region:
Europe: U.K, Germany, the Netherlands, and Rest of Europe
Asia Pacific: China, Australia, Japan and Rest of Asia Pacific
The Middle East & Africa
North America
Latin America

Access Report Details @ https://www.marketresearchfuture.com/reports/blockchain-in-energy-market-5814

Detailed Regional Analysis:
The blockchain in energy market’s regional analysis has been segmented into regions as APAC, North America, Europe, and Rest of the World. The European region is one of the forefront regions in the adoption of the blockchain technology. Germany had accounted for the most significant market share of 55.88% in 2017, with a market value of USD 46.6 million and is projected to grow at the highest CAGR of 81.49% during the forecast period. The North American region is one of the principal markets for the blockchain in the energy industry. Furthermore, the region is witnessing rapid growth in blockchain based energy projects as renewable-based energy generation sources are progressively contributing to the rising power demand of the region. The U.S. accounted for the most significant market share of 76.16% in 2017, with a market value of USD 55.8 million and is estimated to develop at the high CAGR of 77.68% during the forecast period.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.