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Virtual Power Plant (VPP) System & Software-Global Market Insights and Sales Trends 2025
Synopsis
A Virtual Power Plant is a system that integrates several types of power sources to provide reliable overall power supply. A virtual power plant includes a central IT control system and distributed energy resources. Energy operators are adopting virtual power plant (VPP) software as a service, as it is more reliable, accurate, and it offers highly optimized planning and dispatch.
The global Virtual Power Plant (VPP) System & Software market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Virtual Power Plant (VPP) System & Software in various end use industries. The expanding demands from the SMEs and Large Enterprises, are propelling Virtual Power Plant (VPP) System & Software market. Cloud Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On-premises segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Virtual Power Plant (VPP) System & Software market, driven by demand from China, the second largest economy with some signs of stabilising, the Virtual Power Plant (VPP) System & Software market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Virtual Power Plant (VPP) System & Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Virtual Power Plant (VPP) System & Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Virtual Power Plant (VPP) System & Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Virtual Power Plant (VPP) System & Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Virtual Power Plant (VPP) System & Software covered in this report include ABB, IBM, Next Kraftwerke, AutoGrid Systems, GreenSync, Ormat(Viridity Energy), SunvergeEnergy, Energy&meteo Systems and Solvera Lynx, etc.
The global Virtual Power Plant (VPP) System & Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
IBM
Next Kraftwerke
AutoGrid Systems
GreenSync
Ormat(Viridity Energy)
SunvergeEnergy
Energy&meteo Systems
Solvera Lynx
Enbala Networks
Advanced Microgrid Solutions
ENGIE(Green Charge Networks)
Cisco Systems
Global Virtual Power Plant (VPP) System & Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Virtual Power Plant (VPP) System & Software market, Segment by Type:
Cloud Based
On-premises
Global Virtual Power Plant (VPP) System & Software market, by Application
SMEs
Large Enterprises
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Virtual Power Plant (VPP) System & Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
A Virtual Power Plant is a system that integrates several types of power sources to provide reliable overall power supply. A virtual power plant includes a central IT control system and distributed energy resources. Energy operators are adopting virtual power plant (VPP) software as a service, as it is more reliable, accurate, and it offers highly optimized planning and dispatch.
The global Virtual Power Plant (VPP) System & Software market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Virtual Power Plant (VPP) System & Software in various end use industries. The expanding demands from the SMEs and Large Enterprises, are propelling Virtual Power Plant (VPP) System & Software market. Cloud Based, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the On-premises segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Virtual Power Plant (VPP) System & Software market, driven by demand from China, the second largest economy with some signs of stabilising, the Virtual Power Plant (VPP) System & Software market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Virtual Power Plant (VPP) System & Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Virtual Power Plant (VPP) System & Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Virtual Power Plant (VPP) System & Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Virtual Power Plant (VPP) System & Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Virtual Power Plant (VPP) System & Software covered in this report include ABB, IBM, Next Kraftwerke, AutoGrid Systems, GreenSync, Ormat(Viridity Energy), SunvergeEnergy, Energy&meteo Systems and Solvera Lynx, etc.
The global Virtual Power Plant (VPP) System & Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
IBM
Next Kraftwerke
AutoGrid Systems
GreenSync
Ormat(Viridity Energy)
SunvergeEnergy
Energy&meteo Systems
Solvera Lynx
Enbala Networks
Advanced Microgrid Solutions
ENGIE(Green Charge Networks)
Cisco Systems
Global Virtual Power Plant (VPP) System & Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Virtual Power Plant (VPP) System & Software market, Segment by Type:
Cloud Based
On-premises
Global Virtual Power Plant (VPP) System & Software market, by Application
SMEs
Large Enterprises
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Virtual Power Plant (VPP) System & Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Virtual Power Plant (VPP) System & Software
1.1 Virtual Power Plant (VPP) System & Software Market Overview
1.1.1 Virtual Power Plant (VPP) System & Software Product Scope
1.1.2 Virtual Power Plant (VPP) System & Software Market Status and Outlook
1.2 Global Virtual Power Plant (VPP) System & Software Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Virtual Power Plant (VPP) System & Software Market Size by Region (2018-2029)
1.4 Global Virtual Power Plant (VPP) System & Software Historic Market Size by Region (2018-2023)
1.5 Global Virtual Power Plant (VPP) System & Software Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Virtual Power Plant (VPP) System & Software Market Size (2018-2029)
1.6.1 North America Virtual Power Plant (VPP) System & Software Market Size (2018-2029)
1.6.2 Europe Virtual Power Plant (VPP) System & Software Market Size (2018-2029)
1.6.3 Asia-Pacific Virtual Power Plant (VPP) System & Software Market Size (2018-2029)
1.6.4 Latin America Virtual Power Plant (VPP) System & Software Market Size (2018-2029)
1.6.5 Middle East & Africa Virtual Power Plant (VPP) System & Software Market Size (2018-2029)
2 Virtual Power Plant (VPP) System & Software Market by Type
2.1 Introduction
2.1.1 Cloud Based
2.1.2 On-premises
2.2 Global Virtual Power Plant (VPP) System & Software Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Virtual Power Plant (VPP) System & Software Historic Market Size by Type (2018-2023)
2.2.2 Global Virtual Power Plant (VPP) System & Software Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Virtual Power Plant (VPP) System & Software Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Virtual Power Plant (VPP) System & Software Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Virtual Power Plant (VPP) System & Software Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Virtual Power Plant (VPP) System & Software Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Virtual Power Plant (VPP) System & Software Revenue Breakdown by Type (2018-2029)
3 Virtual Power Plant (VPP) System & Software Market Overview by Application
3.1 Introduction
3.1.1 SMEs
3.1.2 Large Enterprises
3.2 Global Virtual Power Plant (VPP) System & Software Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Virtual Power Plant (VPP) System & Software Historic Market Size by Application (2018-2023)
3.2.2 Global Virtual Power Plant (VPP) System & Software Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Virtual Power Plant (VPP) System & Software Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Virtual Power Plant (VPP) System & Software Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Virtual Power Plant (VPP) System & Software Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Virtual Power Plant (VPP) System & Software Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Virtual Power Plant (VPP) System & Software Revenue Breakdown by Application (2018-2029)
4 Virtual Power Plant (VPP) System & Software Competition Analysis by Players
4.1 Global Virtual Power Plant (VPP) System & Software Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Virtual Power Plant (VPP) System & Software as of 2022)
4.3 Date of Key Players Enter into Virtual Power Plant (VPP) System & Software Market
4.4 Global Top Players Virtual Power Plant (VPP) System & Software Headquarters and Area Served
4.5 Key Players Virtual Power Plant (VPP) System & Software Product Solution and Service
4.6 Competitive Status
4.6.1 Virtual Power Plant (VPP) System & Software Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.1.4 ABB Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 IBM
5.2.1 IBM Profile
5.2.2 IBM Main Business
5.2.3 IBM Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.2.4 IBM Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.2.5 IBM Recent Developments
5.3 Next Kraftwerke
5.3.1 Next Kraftwerke Profile
5.3.2 Next Kraftwerke Main Business
5.3.3 Next Kraftwerke Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.3.4 Next Kraftwerke Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.3.5 AutoGrid Systems Recent Developments
5.4 AutoGrid Systems
5.4.1 AutoGrid Systems Profile
5.4.2 AutoGrid Systems Main Business
5.4.3 AutoGrid Systems Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.4.4 AutoGrid Systems Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.4.5 AutoGrid Systems Recent Developments
5.5 GreenSync
5.5.1 GreenSync Profile
5.5.2 GreenSync Main Business
5.5.3 GreenSync Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.5.4 GreenSync Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.5.5 GreenSync Recent Developments
5.6 Ormat(Viridity Energy)
5.6.1 Ormat(Viridity Energy) Profile
5.6.2 Ormat(Viridity Energy) Main Business
5.6.3 Ormat(Viridity Energy) Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.6.4 Ormat(Viridity Energy) Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.6.5 Ormat(Viridity Energy) Recent Developments
5.7 SunvergeEnergy
5.7.1 SunvergeEnergy Profile
5.7.2 SunvergeEnergy Main Business
5.7.3 SunvergeEnergy Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.7.4 SunvergeEnergy Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.7.5 SunvergeEnergy Recent Developments
5.8 Energy&meteo Systems
5.8.1 Energy&meteo Systems Profile
5.8.2 Energy&meteo Systems Main Business
5.8.3 Energy&meteo Systems Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.8.4 Energy&meteo Systems Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.8.5 Energy&meteo Systems Recent Developments
5.9 Solvera Lynx
5.9.1 Solvera Lynx Profile
5.9.2 Solvera Lynx Main Business
5.9.3 Solvera Lynx Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.9.4 Solvera Lynx Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.9.5 Solvera Lynx Recent Developments
5.10 Enbala Networks
5.10.1 Enbala Networks Profile
5.10.2 Enbala Networks Main Business
5.10.3 Enbala Networks Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.10.4 Enbala Networks Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.10.5 Enbala Networks Recent Developments
5.11 Advanced Microgrid Solutions
5.11.1 Advanced Microgrid Solutions Profile
5.11.2 Advanced Microgrid Solutions Main Business
5.11.3 Advanced Microgrid Solutions Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.11.4 Advanced Microgrid Solutions Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.11.5 Advanced Microgrid Solutions Recent Developments
5.12 ENGIE(Green Charge Networks)
5.12.1 ENGIE(Green Charge Networks) Profile
5.12.2 ENGIE(Green Charge Networks) Main Business
5.12.3 ENGIE(Green Charge Networks) Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.12.4 ENGIE(Green Charge Networks) Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.12.5 ENGIE(Green Charge Networks) Recent Developments
5.13 Cisco Systems
5.13.1 Cisco Systems Profile
5.13.2 Cisco Systems Main Business
5.13.3 Cisco Systems Virtual Power Plant (VPP) System & Software Products, Services and Solutions
5.13.4 Cisco Systems Virtual Power Plant (VPP) System & Software Revenue (US$ Million) & (2018-2023)
5.13.5 Cisco Systems Recent Developments
6 North America
6.1 North America Virtual Power Plant (VPP) System & Software Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Virtual Power Plant (VPP) System & Software Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Virtual Power Plant (VPP) System & Software Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Virtual Power Plant (VPP) System & Software Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Virtual Power Plant (VPP) System & Software Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Virtual Power Plant (VPP) System & Software Market Dynamics
11.1 Virtual Power Plant (VPP) System & Software Industry Trends
11.2 Virtual Power Plant (VPP) System & Software Market Drivers
11.3 Virtual Power Plant (VPP) System & Software Market Challenges
11.4 Virtual Power Plant (VPP) System & Software Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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