Virtual Power Plant, Global Market Size Forecast, Top 11 Players Rank and Market Share | |
A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous distributed energy resources (DER) for the purposes of enhancing power generation, as well as trading or selling power on the electricity market. A Virtual Power Plant (VPP) is an aggregated portfolio of Distributed Energy Resources and Controllable Loads into energy blocks which can be used to participate in Energy Markets and offer Services to the System Operator. According to the new market research report “Global Virtual Power Plant Market Report 2023-2030”, published by QYResearch, the global Virtual Power Plant market size is projected to reach USD 4.79 billion by 2030, at a CAGR of 23.7% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Virtual Power Plant include Schneider Electric(AutoGrid), Siemens, Enbala, ABB, GE Digital Energy, EnerNOC, Ørsted, RWE, Viridity Energy, Bosch, etc. In 2023, the global top 10 players had a share approximately 74.0% in terms of revenue.In terms of product type, currently FM Model is the largest segment, hold a share of 52.7%.In terms of product application, currently Commercial is the largest segment, hold a share of 44.1%. About The Authors Yin Hang Lead Author Email: yinhang@qyresearch.com Tel: +86-18310165532 About QYResearch QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future. QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com | |
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