Global Cloud-based Virtual Power Plants (VPP) Market Growth (Status and Outlook) 2024-2030
Cloud-based Virtual Power Plants (VPPs) are innovative energy management systems that utilize cloud computing technology to aggregate, control, and optimize distributed energy resources (DERs) across multiple sites. VPPs enable the virtual integration of various DERs, such as solar PV systems, battery energy storage, demand response assets, and electric vehicle (EV) chargers, into a unified, flexible, and dynamic virtual power plant.
The global Cloud-based Virtual Power Plants (VPP) market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Cloud-based Virtual Power Plants (VPP) Industry Forecast” looks at past sales and reviews total world Cloud-based Virtual Power Plants (VPP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud-based Virtual Power Plants (VPP) sales for 2023 through 2029. With Cloud-based Virtual Power Plants (VPP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud-based Virtual Power Plants (VPP) industry.
This Insight Report provides a comprehensive analysis of the global Cloud-based Virtual Power Plants (VPP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Cloud-based Virtual Power Plants (VPP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud-based Virtual Power Plants (VPP) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud-based Virtual Power Plants (VPP) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud-based Virtual Power Plants (VPP).
United States market for Cloud-based Virtual Power Plants (VPP) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Cloud-based Virtual Power Plants (VPP) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Cloud-based Virtual Power Plants (VPP) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Cloud-based Virtual Power Plants (VPP) players cover Ørsted, Duke Energy, RWE, Enbala, Bosch, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Cloud-based Virtual Power Plants (VPP) market by product type, application, key players and key regions and countries.
Segmentation by Type:
Operational Control (OC) Model
Functional Management (FM) Model
Segmentation by Application:
Commercial
Industrial
Residential
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Operational Control (OC) Model
Functional Management (FM) Model
Segmentation by Application:
Commercial
Industrial
Residential
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ørsted
Duke Energy
RWE
Enbala
Bosch
GE Digital Energy
EnerNOC
Schneider Electric(AutoGrid)
Siemens
Viridity Energy
Please note: The report will take approximately 2 business days to prepare and deliver.