SHARE
Virtual Power Plant Market

Virtual Power Plant - Global Market Outlook (2018-2027)

4.4 (42 reviews)
Published: December 2019 ID: SMRC18785
4.4 (42 reviews)
Published: December 2019 ID: SMRC18785

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Virtual Power Plant market is accounted for $315.28 million in 2018 and is expected to reach $2,843.2 million by 2027 growing at a CAGR of 27.7% during the forecast period. Some of the key factors propelling the market growth are a shift from centralized to distributed generation and rising share of renewable energy in power generation. However, health safety concerns regarding electromagnetic frequency & radiofrequency exposure are the restraining factor for the growth of the market.

Virtual power plants (VPP) are clusters of distributed generator units, manageable loads, and energy storage systems gathered to work as an integrated power plant. The distributed nature of the energy resources results in lower capital costs, thus less financial and political hazards. A virtual power plant improves distribution system dependency. The aim of the virtual power plant is to integrate renewable energy units into existing systems. It does as such by providing flexibility coming from all connected units. Moreover, power traders within a virtual power plant are able to use live information to improve forecasting and trading of renewable energies.

By technology, the demand response segment is expected to grow at a significant market share during the forecast period due to everlasting advantages for end-users and improving the energy efficiency of the grid. In this way, it is anticipated to show a high development rate along with a significant return on investment for the partners, owing to its notable revenue contribution and high growth rate. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period. The phenomenal development in the construction industry is expected to propel the overall market in the region. Additionally, the growing government mandates and initiatives for customer engagement and incentive programs may prove to be an additional boost for the end-user segment in the region.

Some of the key players in Virtual Power Plant Market include ABB Ltd, Autogrid Systems Inc, Blue Pillar, Cisco Systems Inc, Comverge, Cpower Energy Management, Enbala Power Networks Inc, Enernoc Inc, Flexitricity Limited, General Electric, Hitachi Ltd, IBM, Limejump Limited, Next Kraftwerke, Olivene Inc, Open Access Technology International Inc, Osisoft, Power Analytics Corporation, Robert Bosch GmbH, Schneider Electric, Siemens AG, Spirae Inc, Sunverge, Toshiba Corporation and Upside Energy Ltd.

Types Covered:
• Centralized Controlled VPP
• Decentralized Controlled VPP 

Sources Covered:
• Distributed Energy Generation System
• Energy Storage Systems 

Technologies Covered:
• Engine Oil
• Demand Response
• Distribution Generation
• Mixed Asset

End-Users Covered:
• Commercial & Industrial
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK  
o Spain 
o Rest of Europe       
• Asia Pacific
o Japan        
o China        
o India        
o Australia        
o New Zealand       
o Rest of Asia Pacific
• South America 
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary   
     
2 Preface 
  
 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 Technology Analysis 
 3.7 End User Analysis  
 3.8 Emerging Markets  
 3.9 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Virtual Power Plant Market, By Type
 5.1 Introduction  
 5.2 Centralized Controlled VPP 
 5.3 Decentralized Controlled VPP 
     
6 Global Virtual Power Plant Market, By Source
 6.1 Introduction  
 6.2 Distributed Energy Generation System
 6.3 Energy Storage Systems 
     
7 Global Virtual Power Plant Market, By Technology
 7.1 Introduction  
 7.2 Engine Oil  
 7.3 Demand Response  
 7.4 Distribution Generation 
 7.5 Mixed Asset  
     
8 Global Virtual Power Plant Market, By End-User
 8.1 Introduction  
 8.2 Commercial & Industrial 
 8.3 Residential  
     
9 Global Virtual Power Plant Market, By Geography
 9.1 Introduction  
 9.2 North America  
  9.2.1 US  
  9.2.2 Canada  
  9.2.3 Mexico  
 9.3 Europe   
  9.3.1 Germany  
  9.3.2 UK  
  9.3.3 Italy  
  9.3.4 France  
  9.3.5 Spain  
  9.3.6 Rest of Europe 
 9.4 Asia Pacific  
  9.4.1 Japan  
  9.4.2 China  
  9.4.3 India  
  9.4.4 Australia  
  9.4.5 New Zealand 
  9.4.6 South Korea 
  9.4.7 Rest of Asia Pacific 
 9.5 South America  
  9.5.1 Argentina 
  9.5.2 Brazil  
  9.5.3 Chile  
  9.5.4 Rest of South America
 9.6 Middle East & Africa 
  9.6.1 Saudi Arabia 
  9.6.2 UAE  
  9.6.3 Qatar  
  9.6.4 South Africa 
  9.6.5 Rest of Middle East & Africa
     
10 Key Developments   
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
 10.2 Acquisitions & Mergers 
 10.3 New Product Launch 
 10.4 Expansions  
 10.5 Other Key Strategies 
     
11 Company Profiling   
 11.1 ABB Ltd   
 11.2 Autogrid Systems Inc 
 11.3 Blue Pillar  
 11.4 Cisco Systems Inc  
 11.5 Comverge  
 11.6 Cpower Energy Management 
 11.7 Enbala Power Networks Inc 
 11.8 Enernoc Inc  
 11.9 Flexitricity Limited  
 11.10 General Electric  
 11.11 Hitachi Ltd  
 11.12 IBM   
 11.11 Limejump Limited  
 11.14 Next Kraftwerke  
 11.15 Olivene Inc  
 11.16 Open Access Technology International Inc
 11.17 Osisoft   
 11.18 Power Analytics Corporation 
 11.19 Robert Bosch GmbH  
 11.20 Schneider Electric  
 11.21 Siemens AG  
 11.22 Spirae Inc  
 11.23 Sunverge   
 11.24 Toshiba Corporation 
 11.25 Upside Energy Ltd


List of Tables    
1 Global Virtual Power Plant Market Outlook, By Region (2017-2027) ($MN)
2 Global Virtual Power Plant Market Outlook, By Type (2017-2027) ($MN)
3 Global Virtual Power Plant Market Outlook, By Centralized Controlled VPP (2017-2027) ($MN)
4 Global Virtual Power Plant Market Outlook, By Decentralized Controlled VPP (2017-2027) ($MN)
5 Global Virtual Power Plant Market Outlook, By Source (2017-2027) ($MN)
6 Global Virtual Power Plant Market Outlook, By Distributed Energy Generation System (2017-2027) ($MN)
7 Global Virtual Power Plant Market Outlook, By Energy Storage Systems (2017-2027) ($MN)
8 Global Virtual Power Plant Market Outlook, By Technology (2017-2027) ($MN)
9 Global Virtual Power Plant Market Outlook, By Engine Oil (2017-2027) ($MN)
10 Global Virtual Power Plant Market Outlook, By Demand Response (2017-2027) ($MN)
11 Global Virtual Power Plant Market Outlook, By Distribution Generation (2017-2027) ($MN)
12 Global Virtual Power Plant Market Outlook, By Mixed Asset (2017-2027) ($MN)
13 Global Virtual Power Plant Market Outlook, By End-User (2017-2027) ($MN)
14 Global Virtual Power Plant Market Outlook, By Commercial & Industrial (2017-2027) ($MN)
15 Global Virtual Power Plant Market Outlook, By Residential (2017-2027) ($MN)
16 North America Virtual Power Plant Market Outlook, By Country (2017-2027) ($MN)
17 North America Virtual Power Plant Market Outlook, By Type (2017-2027) ($MN)
18 North America Virtual Power Plant Market Outlook, By Centralized Controlled VPP (2017-2027) ($MN)
19 North America Virtual Power Plant Market Outlook, By Decentralized Controlled VPP (2017-2027) ($MN)
20 North America Virtual Power Plant Market Outlook, By Source (2017-2027) ($MN)
21 North America Virtual Power Plant Market Outlook, By Distributed Energy Generation System (2017-2027) ($MN)
22 North America Virtual Power Plant Market Outlook, By Energy Storage Systems (2017-2027) ($MN)
23 North America Virtual Power Plant Market Outlook, By Technology (2017-2027) ($MN)
24 North America Virtual Power Plant Market Outlook, By Engine Oil (2017-2027) ($MN)
25 North America Virtual Power Plant Market Outlook, By Demand Response (2017-2027) ($MN)
26 North America Virtual Power Plant Market Outlook, By Distribution Generation (2017-2027) ($MN)
27 North America Virtual Power Plant Market Outlook, By Mixed Asset (2017-2027) ($MN)
28 North America Virtual Power Plant Market Outlook, By End-User (2017-2027) ($MN)
29 North America Virtual Power Plant Market Outlook, By Commercial & Industrial (2017-2027) ($MN)
30 North America Virtual Power Plant Market Outlook, By Residential (2017-2027) ($MN)
31 Europe Virtual Power Plant Market Outlook, By Country (2017-2027) ($MN)
32 Europe Virtual Power Plant Market Outlook, By Type (2017-2027) ($MN)
33 Europe Virtual Power Plant Market Outlook, By Centralized Controlled VPP (2017-2027) ($MN)
34 Europe Virtual Power Plant Market Outlook, By Decentralized Controlled VPP (2017-2027) ($MN)
35 Europe Virtual Power Plant Market Outlook, By Source (2017-2027) ($MN)
36 Europe Virtual Power Plant Market Outlook, By Distributed Energy Generation System (2017-2027) ($MN)
37 Europe Virtual Power Plant Market Outlook, By Energy Storage Systems (2017-2027) ($MN)
38 Europe Virtual Power Plant Market Outlook, By Technology (2017-2027) ($MN)
39 Europe Virtual Power Plant Market Outlook, By Engine Oil (2017-2027) ($MN)
40 Europe Virtual Power Plant Market Outlook, By Demand Response (2017-2027) ($MN)
41 Europe Virtual Power Plant Market Outlook, By Distribution Generation (2017-2027) ($MN)
42 Europe Virtual Power Plant Market Outlook, By Mixed Asset (2017-2027) ($MN)
43 Europe Virtual Power Plant Market Outlook, By End-User (2017-2027) ($MN)
44 Europe Virtual Power Plant Market Outlook, By Commercial & Industrial (2017-2027) ($MN)
45 Europe Virtual Power Plant Market Outlook, By Residential (2017-2027) ($MN)
46 Asia Pacific Virtual Power Plant Market Outlook, By Country (2017-2027) ($MN)
47 Asia Pacific Virtual Power Plant Market Outlook, By Type (2017-2027) ($MN)
48 Asia Pacific Virtual Power Plant Market Outlook, By Centralized Controlled VPP (2017-2027) ($MN)
49 Asia Pacific Virtual Power Plant Market Outlook, By Decentralized Controlled VPP (2017-2027) ($MN)
50 Asia Pacific Virtual Power Plant Market Outlook, By Source (2017-2027) ($MN)
51 Asia Pacific Virtual Power Plant Market Outlook, By Distributed Energy Generation System (2017-2027) ($MN)
52 Asia Pacific Virtual Power Plant Market Outlook, By Energy Storage Systems (2017-2027) ($MN)
53 Asia Pacific Virtual Power Plant Market Outlook, By Technology (2017-2027) ($MN)
54 Asia Pacific Virtual Power Plant Market Outlook, By Engine Oil (2017-2027) ($MN)
55 Asia Pacific Virtual Power Plant Market Outlook, By Demand Response (2017-2027) ($MN)
56 Asia Pacific Virtual Power Plant Market Outlook, By Distribution Generation (2017-2027) ($MN)
57 Asia Pacific Virtual Power Plant Market Outlook, By Mixed Asset (2017-2027) ($MN)
58 Asia Pacific Virtual Power Plant Market Outlook, By End-User (2017-2027) ($MN)
59 Asia Pacific Virtual Power Plant Market Outlook, By Commercial & Industrial (2017-2027) ($MN)
60 Asia Pacific Virtual Power Plant Market Outlook, By Residential (2017-2027) ($MN)
61 South America Virtual Power Plant Market Outlook, By Country (2017-2027) ($MN)
62 South America Virtual Power Plant Market Outlook, By Type (2017-2027) ($MN)
63 South America Virtual Power Plant Market Outlook, By Centralized Controlled VPP (2017-2027) ($MN)
64 South America Virtual Power Plant Market Outlook, By Decentralized Controlled VPP (2017-2027) ($MN)
65 South America Virtual Power Plant Market Outlook, By Source (2017-2027) ($MN)
66 South America Virtual Power Plant Market Outlook, By Distributed Energy Generation System (2017-2027) ($MN)
67 South America Virtual Power Plant Market Outlook, By Energy Storage Systems (2017-2027) ($MN)
68 South America Virtual Power Plant Market Outlook, By Technology (2017-2027) ($MN)
69 South America Virtual Power Plant Market Outlook, By Engine Oil (2017-2027) ($MN)
70 South America Virtual Power Plant Market Outlook, By Demand Response (2017-2027) ($MN)
71 South America Virtual Power Plant Market Outlook, By Distribution Generation (2017-2027) ($MN)
72 South America Virtual Power Plant Market Outlook, By Mixed Asset (2017-2027) ($MN)
73 South America Virtual Power Plant Market Outlook, By End-User (2017-2027) ($MN)
74 South America Virtual Power Plant Market Outlook, By Commercial & Industrial (2017-2027) ($MN)
75 South America Virtual Power Plant Market Outlook, By Residential (2017-2027) ($MN)
76 Middle East & Africa Virtual Power Plant Market Outlook, By Country (2017-2027) ($MN)
77 Middle East & Africa Virtual Power Plant Market Outlook, By Type (2017-2027) ($MN)
78 Middle East & Africa Virtual Power Plant Market Outlook, By Centralized Controlled VPP (2017-2027) ($MN)
79 Middle East & Africa Virtual Power Plant Market Outlook, By Decentralized Controlled VPP (2017-2027) ($MN)
80 Middle East & Africa Virtual Power Plant Market Outlook, By Source (2017-2027) ($MN)
81 Middle East & Africa Virtual Power Plant Market Outlook, By Distributed Energy Generation System (2017-2027) ($MN)
82 Middle East & Africa Virtual Power Plant Market Outlook, By Energy Storage Systems (2017-2027) ($MN)
83 Middle East & Africa Virtual Power Plant Market Outlook, By Technology (2017-2027) ($MN)
84 Middle East & Africa Virtual Power Plant Market Outlook, By Engine Oil (2017-2027) ($MN)
85 Middle East & Africa Virtual Power Plant Market Outlook, By Demand Response (2017-2027) ($MN)
86 Middle East & Africa Virtual Power Plant Market Outlook, By Distribution Generation (2017-2027) ($MN)
87 Middle East & Africa Virtual Power Plant Market Outlook, By Mixed Asset (2017-2027) ($MN)
88 Middle East & Africa Virtual Power Plant Market Outlook, By End-User (2017-2027) ($MN)
89 Middle East & Africa Virtual Power Plant Market Outlook, By Commercial & Industrial (2017-2027) ($MN)
90 Middle East & Africa Virtual Power Plant Market Outlook, By Residential (2017-2027) ($MN)

 

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials