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A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous Distributed Energy Resources (DERs) for the purposes of enhancing power generation, as well as trading or selling power on the open market.North America is expected to dominate the global virtual power plant market during the forecast period, owing to the extensive use of these solutions in commercial and industrial as well as residential sector.
Over the next five years, projects that Virtual Power Plant Market will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
In this report, studies the present scenario (with the base year being 2017) and the growth prospects of global Virtual Power Plant market for 2018-2023.
To calculate the Virtual Power Plant Market size, considers value generated from the sales of the following segments:
Segmentation by product type:
- Demand Response
- Distributed Generation
Segmentation by application:
- Industrial and Commercial
- Residential
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We can also provide the customized separate regional or country-level reports, for the following regions:
- Americas (United States, Canada, Mexico, Brazil)
- APAC (China, Japan, Korea, Southeast Asia, India, Australia)
- Europe (Germany, France, UK, Italy, Russia, Spain)
- Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)
Virtual Power Plant Market report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
- ABB
- Autogrid Systems
- Blue Pillar
- Cisco Systems
- Enbala Power Networks
- Enernoc
- Flexitricity
- General Electric
- Hitachi
- IBM
- Limejump
- Next Kraftwerke
- Open Access Technology International
- Osisoft
- Robert Bosch
- Schneider Electric
- Siemens
- Spirae
- Sunverge
- Toshiba
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
- To study and analyze the global Virtual Power Plant market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Virtual Power Plant market by identifying its various subsegments.
- Focuses on the key global Virtual Power Plant players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Virtual Power Plant with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Virtual Power Plant submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Contact Info:
Name: Hrishikesh Patwardhan
Email: Send Email
Organization: ReportsnReports
Website: https://www.reportsnreports.com/reports/1745464-global-virtual-power-plant-market-growth-status-and-outlook-2018-2023.html
Release ID: 442646
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