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Global Virtual Power Plant Market: Emerging Trends, Major Key Players ABB Ltd. And AGL Energy

12-06-2021 02:23 PM CET | Energy & Environment

Press release from: Evolve Business Intelligence

Global Virtual Power Plant Market: Emerging Trends, Major Key

According to the report, The global Virtual Power Plant market size is expected to grow at a CAGR of 30.68% from 2021 to 2028. The development of the virtual power plant industry is fueled by a global increase in demand for non-conventional energy in the power generating sector, changes in power system dynamics from centralized to distributed and regulating costs, and ease of energy storage. During the forecast period, the global virtual power plant market is expected to be propelled by remarkable growth in the construction industry, particularly in the Asia Pacific region.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global VIRTUAL POWER PLANT MARKET industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Virtual Power Plant Market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

For Any Query or Customization, Ask Our Industry Experts@ https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005928

Key Players
Some of the major Virtual Power Plant Market players holding highest market share include ABB Ltd. And AGL Energy. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• ABB Ltd.
• AGL Energy
• AutoGrid Systems, Inc.
• Enbala Power Networks
• Enel X Inc.
• General Electric Company
• Siemens AG
• Schneider Electric SE
• Flexitricity
• Limejump Ltd

Segmental Analysis

Market Segment By Technology Type with focus on market share, consumption trend, and growth rate of VIRTUAL POWER PLANT MARKET:
• Distribution Generation
• Demand Response
• Mixed Asset
• Others

Market Segment By Application with focus on market share, consumption trend, and growth rate of VIRTUAL POWER PLANT MARKET:
• Commercial
• Industrial
• Residential
• Others

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005928

Global Virtual Power Plant Market Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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