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Virtual Power Plant Market Analysis by Top Key Players ABB Ltd., AGL Energy, AutoGrid Systems, Inc., Comverge, Inc., Enbala Power Networks, EnerNOC, Inc., General Electric Company

01-29-2019 10:14 AM CET | Energy & Environment

Press release from: Big Market Research

Virtual Power Plant

Virtual Power Plant

Virtual Power plant (VPP) comprises of a multitude of decentralized, grid-connected energy units installed as an integrated component for flexible electricity production. The number of distributed resources are centrally controlled and managed as part of an interrelated network.

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The Virtual Power Plant Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

Rise in demand for renewable energy in power generation sector, changes in dynamic of power grids from centralized to distributed, and moderating costs and easy accessibility of energy storage drive the growth of the virtual power plant market. However, health concerns over high frequency human exposure of electromagnetic and radio waves hamper the potential of the market for different end users.

By Market Players: ABB Ltd., AGL Energy, AutoGrid Systems, Inc., Comverge, Inc., Enbala Power Networks, EnerNOC, Inc., General Electric Company, Siemens AG, Schneider Electric SE, Limejump Ltd.

The global virtual power plant market is segmented based on technology, end user, and geography. By technology, it is classified into distribution generation, demand response, and mixed asset. Based on end user, it is divided into commercial, industrial, and residential.

North America occupied the highest market share, followed by Europe. The U.S. is expected to account for around half of the share of the global market by 2023, and is expected to witness substantial growth in the emerging countries such as China, South Korea, and Australia. The prominent players in the global virtual power plant market focus on product development and agreement as their key strategies to gain significant market share.

Key benefits for stakeholders
• This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the global virtual power plant market.
• In-depth analysis of market is conducted and estimations for key segments from 2016 to 2023 are provided.
• Comprehensive analysis of factors that drive and restrain the market growth is provided.
• Market share for all segments with respect to each geographical segment is detailed in the report.
• Key market players are profiled and their strategies are analyzed thoroughly, which provides a competitive outlook of the global industry trends.

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Table of Content
CHAPTER 1 INTRODUCTION
1.1. Report description
1.2. Key benefits
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.3. Top player positioning
3.3. PATENT ANALYSIS
3.3.1. Patent analysis by year
3.3.2. Patent analysis by company
3.3.3. Patent analysis by region
3.3.4. Patent analysis by product
3.4. PORTERS FIVE FORCES ANALYSIS
3.4.1. Bargaining power of suppliers
3.4.2. Bargaining power of buyers
3.4.3. Threat of substitutes
3.4.4. Threat of new entrants
3.4.5. Competitive rivalry
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Rising demand for renewable energy in power generation sector
3.5.1.2. Changing dynamic of power grids from centralized to distributed
3.5.1.3. Reducing cost and easy accessiblity of energy storage
3.5.2. Restraints
3.5.2.1. Health concerns over high frequency human exposure of electromagnetic and radio waves
3.5.3. Opportunity
3.5.3.1. Emerging shift towards electric vehicles
3.5.3.2. Promotion of intelligent office buildings and smart grids
CHAPTER 4 VIRTUAL POWER PLANT MARKET, BY TECHNOLOGY
4.1. OVERVIEW
4.1.1. Market Size and forecast
4.2. DISTRIBUTION GENERATION
4.2.1. Key Market trends, growth factors, and opportunities
4.2.2. Market size and forecast
4.2.2.1. By Geography
4.3. DEMAND RESPONSE
4.3.1. Key Market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.2.1. By Geography
4.4. MIXED ASSET
4.4.1. Key Market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.2.1. By Geography
CHAPTER 5 VIRTUAL POWER PLANT MARKET, BY END USER
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. INDUSTRIAL
5.2.1. Key Market trends, growth factors, and opportunities
5.2.2. Market size and forecast
5.2.2.1. By Geography
5.3. COMMERCIAL
5.3.1. Key Market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.2.1. By Geography
5.4. RESIDENTIAL
5.4.1. Key Market trends, growth factors, and opportunities
5.4.2. Market size and forecast
5.4.2.1. By Geography

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