As the global economy mends, the 2021 growth of Virtual Power Plant (VPP) will have significant change from previous year. According to our (LP Information) latest study, the global Virtual Power Plant (VPP) market size is USD million in 2022 from USD 590.5 million in 2021, with a change of % between 2021 and 2022. The global Virtual Power Plant (VPP) market size will reach USD 2411.4 million in 2028, growing at a CAGR of 22.3% over the analysis period 2022-2028.
The United States Virtual Power Plant (VPP) market is expected at value of US$ million in 2021 and grow at approximately % CAGR during forecast period 2022-2028. China constitutes a % market for the global Virtual Power Plant (VPP) market, reaching US$ million by the year 2028. As for the Europe Virtual Power Plant (VPP) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.
Global main Virtual Power Plant (VPP) players cover ?rsted, Duke Energy, RWE, and Enbala, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Virtual Power Plant (VPP) market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
OC Model
FM Model
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Commercial
Industrial
Residential
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The 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: Breakdown data in in Chapter 3.
?rsted
Duke Energy
RWE
Enbala
Bosch
GE Digital Energy
EnerNOC
Schneider Electric (AutoGrid)
Siemens
Viridity Energy
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Virtual Power Plant (VPP) Market Size 2017-2028
2.1.2 Virtual Power Plant (VPP) Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Virtual Power Plant (VPP) Segment by Type
2.2.1 OC Model
2.2.2 FM Model
2.3 Virtual Power Plant (VPP) Market Size by Type
2.3.1 Virtual Power Plant (VPP) Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Virtual Power Plant (VPP) Market Size Market Share by Type (2017-2022)
2.4 Virtual Power Plant (VPP) Segment by Application
2.4.1 Commercial
2.4.2 Industrial
2.4.3 Residential
2.5 Virtual Power Plant (VPP) Market Size by Application
2.5.1 Virtual Power Plant (VPP) Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Virtual Power Plant (VPP) Market Size Market Share by Application (2017-2022)
3 Virtual Power Plant (VPP) Market Size by Player
3.1 Virtual Power Plant (VPP) Market Size Market Share by Players
3.1.1 Global Virtual Power Plant (VPP) Revenue by Players (2020-2022)
3.1.2 Global Virtual Power Plant (VPP) Revenue Market Share by Players (2020-2022)
3.2 Global Virtual Power Plant (VPP) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Virtual Power Plant (VPP) by Regions
4.1 Virtual Power Plant (VPP) Market Size by Regions (2017-2022)
4.2 Americas Virtual Power Plant (VPP) Market Size Growth (2017-2022)
4.3 APAC Virtual Power Plant (VPP) Market Size Growth (2017-2022)
4.4 Europe Virtual Power Plant (VPP) Market Size Growth (2017-2022)
4.5 Middle East & Africa Virtual Power Plant (VPP) Market Size Growth (2017-2022)
5 Americas
5.1 Americas Virtual Power Plant (VPP) Market Size by Country (2017-2022)
5.2 Americas Virtual Power Plant (VPP) Market Size by Type (2017-2022)
5.3 Americas Virtual Power Plant (VPP) Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Virtual Power Plant (VPP) Market Size by Region (2017-2022)
6.2 APAC Virtual Power Plant (VPP) Market Size by Type (2017-2022)
6.3 APAC Virtual Power Plant (VPP) Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Virtual Power Plant (VPP) by Country (2017-2022)
7.2 Europe Virtual Power Plant (VPP) Market Size by Type (2017-2022)
7.3 Europe Virtual Power Plant (VPP) Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Virtual Power Plant (VPP) by Region (2017-2022)
8.2 Middle East & Africa Virtual Power Plant (VPP) Market Size by Type (2017-2022)
8.3 Middle East & Africa Virtual Power Plant (VPP) Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Virtual Power Plant (VPP) Market Forecast
10.1 Global Virtual Power Plant (VPP) Forecast by Regions (2023-2028)
10.1.1 Global Virtual Power Plant (VPP) Forecast by Regions (2023-2028)
10.1.2 Americas Virtual Power Plant (VPP) Forecast
10.1.3 APAC Virtual Power Plant (VPP) Forecast
10.1.4 Europe Virtual Power Plant (VPP) Forecast
10.1.5 Middle East & Africa Virtual Power Plant (VPP) Forecast
10.2 Americas Virtual Power Plant (VPP) Forecast by Country (2023-2028)
10.2.1 United States Virtual Power Plant (VPP) Market Forecast
10.2.2 Canada Virtual Power Plant (VPP) Market Forecast
10.2.3 Mexico Virtual Power Plant (VPP) Market Forecast
10.2.4 Brazil Virtual Power Plant (VPP) Market Forecast
10.3 APAC Virtual Power Plant (VPP) Forecast by Region (2023-2028)
10.3.1 China Virtual Power Plant (VPP) Market Forecast
10.3.2 Japan Virtual Power Plant (VPP) Market Forecast
10.3.3 Korea Virtual Power Plant (VPP) Market Forecast
10.3.4 Southeast Asia Virtual Power Plant (VPP) Market Forecast
10.3.5 India Virtual Power Plant (VPP) Market Forecast
10.3.6 Australia Virtual Power Plant (VPP) Market Forecast
10.4 Europe Virtual Power Plant (VPP) Forecast by Country (2023-2028)
10.4.1 Germany Virtual Power Plant (VPP) Market Forecast
10.4.2 France Virtual Power Plant (VPP) Market Forecast
10.4.3 UK Virtual Power Plant (VPP) Market Forecast
10.4.4 Italy Virtual Power Plant (VPP) Market Forecast
10.4.5 Russia Virtual Power Plant (VPP) Market Forecast
10.5 Middle East & Africa Virtual Power Plant (VPP) Forecast by Region (2023-2028)
10.5.1 Egypt Virtual Power Plant (VPP) Market Forecast
10.5.2 South Africa Virtual Power Plant (VPP) Market Forecast
10.5.3 Israel Virtual Power Plant (VPP) Market Forecast
10.5.4 Turkey Virtual Power Plant (VPP) Market Forecast
10.5.5 GCC Countries Virtual Power Plant (VPP) Market Forecast
10.6 Global Virtual Power Plant (VPP) Forecast by Type (2023-2028)
10.7 Global Virtual Power Plant (VPP) Forecast by Application (2023-2028)
11 Key Players Analysis
11.1