Global Virtual Power Plant Market Research Report 2024

Global Virtual Power Plant Market Research Report 2024

The global Virtual Power Plant market was valued at US$ 1061.64 million in 2023 and is anticipated to reach US$ 4785.29 million by 2030, witnessing a CAGR of 23.73% during the forecast period 2024-2030.

North American market for Virtual Power Plant is estimated to increase from $ 220.18 million in 2023 to reach $ 1084.27 million by 2030, at a CAGR of 25.18% during the forecast period of 2024 through 2030.

Asia-Pacific market for Virtual Power Plant is estimated to increase from $ 287.07 million in 2023 to reach $ 1698.53 million by 2030, at a CAGR of 28.77% during the forecast period of 2024 through 2030.

The Europe market for Virtual Power Plant in Commercial is estimated to increase from $ 537.11 million in 2023 to $ 1949.44 million by 2030, at a CAGR of 19.82% % during the forecast period of 2024 through 2030.

The major global companies of Virtual Power Plant include Ørsted, Duke Energy, RWE, Generac (Enbala), Bosch, GE Digital Energy, Enel X, Schneider Electric（AutoGrid）, and Siemens, etc. In 2023, the world's top three vendors accounted for approximately 41.37% of the revenue.

This report aims to provide a comprehensive presentation of the global market for Virtual Power Plant, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Virtual Power Plant.

The Virtual Power Plant market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Virtual Power Plant market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Virtual Power Plant companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

Ørsted

Duke Energy

RWE

Generac (Enbala)

Bosch

GE Digital Energy

Enel X

Schneider Electric（AutoGrid）

Siemens

Viridity Energy

ABB

Segment by Type

OC Model

FM Model

Segment by Application

Commercial

Industrial

Residential

By Region

North America

USA

Canada

Asia-Pacific

China

Japan

Korea

Southeast Asia

India

Australia

Rest of Asia

Europe

Germany

France

U.K.

Italy

Finland

Rest of Europe

South America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Middle East

Africa

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Virtual Power Plant company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.