Virtual Power Plant Market Size, Share, Price | Industry Report 2021

“Virtual Power Plant Market Size, Share, Price | Industry Report 2021” Market Research Report to It’s a Database.

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The virtual power plant market is projected to reach USD 709.2million by 2021, at a CAGR of 29.68% from 2016 to 2021. Virtual power plant are used in the industrial, commercial and residential sector which includes residential buildings, commercial building such as hospitals, educational institutions, office towers, municipalities, universities, among others. Increasing share of renewable energy in the power generation mix, growth in smart grid, and lowering costs for solar and energy storage would drive the Virtual power plant market. But few factors such as health safety concerns regarding Electromagnetic Frequency (EMF) and Radio Frequency (RF) exposure could restrain the market growth of virtual power plants.

With regard to the technology segment, mixed asset are expected to constitute the fastest growing market from 2016 to 2021. Mixed asset includes multiple technologies such as solar power, battery storage, and energy efficiency systems which helps in storing energy through off peak hours and thus reducing the energy consumption by energy efficient systems as well as supply clean power.

Breakdown of profiles of primary participants:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

• By Company Type: Tier 1- 62%, Tier2- 23%, Tier 3- 15%
• By Designation: C-Level- 35%, Manager-Level- 25%, Others- 40%
• By Region: Americas- 52%, Asia-Pacific- 24%, Europe-16%, RoW- 8%

Research Coverage:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the virtual power plant market; high-growth regions; and market drivers, restraints, and opportunities.

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Key points from table of content:

Company Profiles :

(Overview, Products & Services, Strategies & Insights, Developments)*

11.1 Introduction

11.2 ABB, Ltd.
11.2.1 Developments

11.3 Autogrid Systems, Inc.
11.3.1 Developments

11.4 Blue Pillar
11.4.1 Developments

11.5 Cisco Systems, Inc.
11.5.1 Developments

11.6 Comverge
11.6.1 Developments

11.7 Cpower Energy Management
11.7.1 Developments

11.8 Enbala Power Networks, Inc.
11.8.1 Developments

11.9 Enernoc, Inc
11.9.1 Developments

11.10 Flexitricity Limited
11.10.1 Developments

11.11 General Electric
11.11.1 Developments

11.12 Hitachi, Ltd.
11.12.1 Developments

11.13 IBM
11.13.1 Developments

11.14 Limejump Limited
11.14.1 Developments

11.15 Next Kraftwerke
11.15.1 Developments

11.16 Olivene, Inc.
11.16.1 Developments

11.17 Open Access Technology International, Inc.
11.17.1 Developments

11.18 Osisoft
11.18.1 Developments

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