Renewable energy concept. Abstract mixed media.
The Business Research Company’s Virtual Power Plant Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Virtual Power Plant Global Market Report 2023 evaluates virtual power plant market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global virtual power plant market is expected to grow from $1.92 billion in 2022 to $2.36 billion in 2023 at a compound annual growth rate (CAGR) of 22.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The virtual power plant market is expected to reach $5.04 billion in 2027 at a CAGR of 20.9%.
The virtual power plant market segments in the report are:
1) By Technology:
Distribution Generation,
Demand Response,
Mixed Asset
2) By Source:
Renewable Energy,
Cogeneration,
Energy Storage
3) By End User:
Industrial,
Commercial,
Residential
Top 5 Major Players:
North America was the largest region in the Virtual Power Plant market in 2022.
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Table of contents:
1. Executive Summary
2. Virtual Power Plant Market Characteristics
3. Virtual Power Plant Market Trends And Strategies
4. Virtual Power Plant Market – Macro Economic Scenario
5. Virtual Power Plant Market Size And Growth
……
26.Africa Virtual Power Plant Market
27. Virtual Power Plant Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Virtual Power Plant Market
29. Virtual Power Plant Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Virtual Power Plant Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Virtual Power Plant Market, Segmentation By Source, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Virtual Power Plant Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……
Table 46: ABB Ltd. Financial Performance
Table 47: AGL Energy Ltd. Financial Performance
Table 48: Autogrid Systems Inc. Financial Performance
Table 49: Robert Bosch GmbH Financial Performance
Table 50: Cpower Energy Management Financial Performance
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