HNY Research projects that the Virtual Power Plant market size will grow from USD 193.2 Million in 2017 to USD 920.4 Million by 2023, at an estimated CAGR of 29.72%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. This growth is attributed to the increasing penetration of smart grid technologies as well as increase in residential energy storage system has given rise to the virtual power plant market. An aggregated fleet of distributed energy resources would provide high value to the grid distribution system. Thus, leading to energy efficiency and power savings. The report segments the virtual power plant market on the basis of technology such as demand response, distributed generation, and mixed asset. The demand response segment is projected to dominate the virtual power plant market. This is mainly due to various advantages that it provides such as peak load management and earning incentives by participating in demand response program. The U.S. is the largest market for demand response where in companies like EnerNOC, Inc. pays the owners of commercial and industrial buildings to reduce power consumption when the grid is overburdened, or to avoid the peak power prices. By Market Players: 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? By Technology Demand Response?, Distribution Generation?, Mixed Asset, , By End-User Commercial & Industrial?, Residential, , , By , , , , By , , , , The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better. Points Covered in The Report: The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc. The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023. The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail. Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements. The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included. Key Reasons to Purchase To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape. Assess the production processes, major issues, and solutions to mitigate the development risk. To understand the most affecting driving and restraining forces in the market and its impact in the global market. Learn about the market strategies that are being adopted by leading respective organizations. To understand the future outlook and prospects for the market. Besides the standard structure reports, we also provide custom research according to specific requirements.
Chapter 1 Industry Overview 1.1 Definition 1.2 Brief Introduction by Major Technology 1.2.1 Demand Response? 1.2.2 Distribution Generation? 1.2.3 Mixed Asset 1.2.4 1.2.5 1.3 Brief Introduction by Major End-User 1.3.1 Commercial & Industrial? 1.3.2 Residential 1.3.3 1.3.4 1.3.5 1.4 Brief Introduction by Major Regions 1.4.1 United States 1.4.2 Europe 1.4.3 China 1.4.4 Japan 1.4.5 India 1.5 Bri
