가상발전소 시장 : 성장, 전망, 경쟁 분석(2024-2032년)

The virtual power plant (VPP) market is a burgeoning sector in the energy industry, offering innovative solutions for grid management and energy generation. The VPP market is expected to grow at a CAGR of 30% during the forecast period of 2024 to 2032. It is integral to the transition toward renewable energy, grid reliability, and cost optimization. While regulatory and market barriers pose challenges, VPPs continue to gain prominence as a solution for energy management. Competitive trends suggest that established players are well-positioned to meet the evolving demands of the energy market and support the transition to a more sustainable and resilient grid.

Renewable Energy Integration

The increasing integration of renewable energy sources, such as solar and wind, into the energy mix is a key driver of the VPP market. VPPs enable the efficient management of these intermittent energy sources by aggregating distributed energy resources (DERs) and optimizing their use. This driver is supported by the global shift toward renewable energy and the need for effective grid management to balance supply and demand. Evidence for this driver can be seen in the growing adoption of VPPs to integrate renewable energy into the grid.

Grid Resilience and Reliability

Grid reliability and resilience are paramount in the energy industry. VPPs offer enhanced grid stability by leveraging DERs and distributed energy assets to balance the grid during peak demand and unforeseen disruptions. This driver is evident in the growing concern for grid reliability, especially in regions prone to extreme weather events, and the adoption of VPPs to enhance the resilience of the grid.

Energy Cost Optimization

The optimization of energy costs is a significant driver for VPP adoption. VPPs help reduce energy expenses by utilizing DERs and energy storage systems to offset peak electricity costs. This driver is supported by the rising electricity prices and the need for businesses and consumers to manage and lower their energy expenditures. Evidence for this driver can be observed in the cost savings achieved through VPP deployment in various sectors.

Regulatory and Market Barriers

The VPP market faces challenges related to regulatory frameworks and market barriers. VPP implementation often requires navigating complex regulations and market structures that may hinder rapid adoption. Evidence for this restraint can be found in cases where VPP projects have faced regulatory obstacles or market entry barriers that slowed down their deployment.

By Technology (Demand Response, Distributed Generation, Mixed Asset): Demand Response to Promise Significant Opportunities during the Forecast Period

In 2024, the VPP market witnessed substantial revenue from Mixed Asset VPPs, which leverage a combination of demand response and distributed generation. However, during the forecast period from 2024 to 2032, Demand Response VPPs are expected to exhibit the highest Compound Annual Growth Rate (CAGR). This indicates the focus on leveraging demand-side flexibility for grid optimization.

By End-User Application (Industrial and Commercial, Residential): The Industrial and Commercial sector Dominates the Market

In 2024, various end-user applications contributed to the market's revenue. Notably, the Industrial and Commercial sectors generated the highest revenue in 2024. Looking ahead to the period from 2024 to 2032, the Residential sector is projected to have the highest CAGR. This shift reflects the growing interest in residential VPPs and their potential to empower homeowners with energy management.

North America Remains the Global Leader

The VPP market exhibits distinct geographic trends. In 2024, North America led in terms of revenue, contributing significantly to the market. The region with the highest revenue percentage in 2024 was North America. However, looking ahead to the period from 2024 to 2032, the Asia-Pacific region is expected to have the highest CAGR. This reflects the growing adoption of VPPs in the Asia-Pacific region, driven by a rising need for sustainable energy solutions.

Market Competition to Intensify during the Forecast Period

In the competitive landscape of the VPP market, top players such as Siemens AG, Schneider Electric, ABB, Toshiba Energy Systems & Solutions, Next Kraftwerke, Hitachi, Ltd., Tesla, AutoGrid Systems, Inc, Limejump Limited, Sunverge Energy, Inc. and Centrica have consistently demonstrated their leadership. These industry leaders reported substantial revenues in 2024, and their strategies for the forecast period from 2024 to 2032 are expected to focus on technology innovation, expanding market presence, and building partnerships to strengthen VPP offerings. Competition among these key players intensifies, driving innovation and growth in the VPP market.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation ofVirtual Power Plant market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report:

Micro and macro environment factors that are currently influencing the Virtual Power Plant market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Technology

• Demand Response

• Distributed Generation

• Mixed Asset

End-User

• Industrial and Commercial

• Residential

Region Segment (2022-2032; US$ Million)

North America

U.S.

Canada

Rest of North America

UK and European Union

UK

Germany

Spain

Italy

France

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa

GCC

Africa

Rest of Middle East and Africa

Key questions answered in this report:

What are the key micro and macro environmental factors that are impacting the growth of Virtual Power Plant market?

What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?

Estimated forecast and market projections up to 2032.

Which segment accounts for the fastest CAGR during the forecast period?

Which market segment holds a larger market share and why?

Are low and middle-income economies investing in the Virtual Power Plant market?

Which is the largest regional market for Virtual Power Plant market?

What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Which are the key trends driving Virtual Power Plant market growth?

Who are the key competitors and what are their key strategies to enhance their market presence in the Virtual Power Plant market worldwide?

Table of Contents

1. Preface

• 1.1. Report Description
  • 1.1.1. Purpose of the Report
  • 1.1.2. Target Audience
  • 1.1.3. Key Offerings
• 1.2. Market Segmentation
• 1.3. Research Methodology
  • 1.3.1. Phase I - Secondary Research
  • 1.3.2. Phase II - Primary Research
  • 1.3.3. Phase III - Expert Panel Review
  • 1.3.4. Assumptions
  • 1.3.5. Approach Adopted

2. Executive Summary

• 2.1. Market Snapshot: Global Virtual Power Plant Market
• 2.2. Global Virtual Power Plant Market, By Technology, 2023 (US$ Million)
• 2.3. Global Virtual Power Plant Market, By End-User, 2023 (US$ Million)
• 2.4. Global Virtual Power Plant Market, By Geography, 2023 (US$ Million)
• 2.5. Attractive Investment Proposition by Geography, 2023

3. Virtual Power Plant Market: Competitive Analysis

• 3.1. Market Positioning of Key Virtual Power Plant Market Vendors
• 3.2. Strategies Adopted by Virtual Power Plant Market Vendors
• 3.3. Key Industry Strategies
• 3.4. Tier Analysis 2023 Versus 2031

4. Virtual Power Plant Market: Macro Analysis & Market Dynamics

• 4.1. Introduction
• 4.2. Global Virtual Power Plant Market Value, 2021 - 2031, (US$ Million)
• 4.3. Market Dynamics
  • 4.3.1. Market Drivers
  • 4.3.2. Market Restraints
  • 4.3.3. Key Challenges
  • 4.3.4. Key Opportunities
• 4.4. Impact Analysis of Drivers and Restraints
• 4.5. See-Saw Analysis
• 4.6. Porter's Five Force Model
  • 4.6.1. Supplier Power
  • 4.6.2. Buyer Power
  • 4.6.3. Threat Of Substitutes
  • 4.6.4. Threat Of New Entrants
  • 4.6.5. Competitive Rivalry
• 4.7. PESTEL Analysis
  • 4.7.1. Political Landscape
  • 4.7.2. Economic Landscape
  • 4.7.3. Technology Landscape
  • 4.7.4. Legal Landscape
  • 4.7.5. Social Landscape

5. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)

• 5.1. Market Overview
• 5.2. Growth & Revenue Analysis: 2023 Versus 2031
• 5.3. Market Segmentation
  • 5.3.1. Demand Response
  • 5.3.2. Distributed Generation
  • 5.3.3. Mixed Asset

6. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)

• 6.1. Market Overview
• 6.2. Growth & Revenue Analysis: 2023 Versus 2031
• 6.3. Market Segmentation
  • 6.3.1. Industrial and Commercial
  • 6.3.2. Residential

7. North America Virtual Power Plant Market, 2022-2032, USD (Million)

• 7.1. Market Overview
• 7.2. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
• 7.3. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
• 7.4.Virtual Power Plant Market: By Region, 2022-2032, USD (Million)
  • 7.4.1.North America
    • 7.4.1.1. U.S.
      • 7.4.1.1.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 7.4.1.1.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 7.4.1.2. Canada
      • 7.4.1.2.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 7.4.1.2.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 7.4.1.3. Rest of North America
      • 7.4.1.3.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 7.4.1.3.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)

8. UK and European Union Virtual Power Plant Market, 2022-2032, USD (Million)

• 8.1. Market Overview
• 8.2. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
• 8.3. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
• 8.4.Virtual Power Plant Market: By Region, 2022-2032, USD (Million)
  • 8.4.1.UK and European Union
    • 8.4.1.1. UK
      • 8.4.1.1.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 8.4.1.1.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 8.4.1.2. Germany
      • 8.4.1.2.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 8.4.1.2.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 8.4.1.3. Spain
      • 8.4.1.3.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 8.4.1.3.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 8.4.1.4. Italy
      • 8.4.1.4.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 8.4.1.4.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 8.4.1.5. France
      • 8.4.1.5.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 8.4.1.5.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 8.4.1.6. Rest of Europe
      • 8.4.1.6.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 8.4.1.6.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)

9. Asia Pacific Virtual Power Plant Market, 2022-2032, USD (Million)

• 9.1. Market Overview
• 9.2. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
• 9.3. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
• 9.4.Virtual Power Plant Market: By Region, 2022-2032, USD (Million)
  • 9.4.1.Asia Pacific
    • 9.4.1.1. China
      • 9.4.1.1.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 9.4.1.1.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 9.4.1.2. Japan
      • 9.4.1.2.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 9.4.1.2.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 9.4.1.3. India
      • 9.4.1.3.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 9.4.1.3.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 9.4.1.4. Australia
      • 9.4.1.4.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 9.4.1.4.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 9.4.1.5. South Korea
      • 9.4.1.5.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 9.4.1.5.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 9.4.1.6. Rest of Asia Pacific
      • 9.4.1.6.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 9.4.1.6.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)

10. Latin America Virtual Power Plant Market, 2022-2032, USD (Million)

• 10.1. Market Overview
• 10.2. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
• 10.3. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
• 10.4.Virtual Power Plant Market: By Region, 2022-2032, USD (Million)
  • 10.4.1.Latin America
    • 10.4.1.1. Brazil
      • 10.4.1.1.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 10.4.1.1.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 10.4.1.2. Mexico
      • 10.4.1.2.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 10.4.1.2.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 10.4.1.3. Rest of Latin America
      • 10.4.1.3.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 10.4.1.3.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)

11. Middle East and Africa Virtual Power Plant Market, 2022-2032, USD (Million)

• 11.1. Market Overview
• 11.2. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
• 11.3. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
• 11.4.Virtual Power Plant Market: By Region, 2022-2032, USD (Million)
  • 11.4.1.Middle East and Africa
    • 11.4.1.1. GCC
      • 11.4.1.1.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 11.4.1.1.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 11.4.1.2. Africa
      • 11.4.1.2.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 11.4.1.2.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)
    • 11.4.1.3. Rest of Middle East and Africa
      • 11.4.1.3.1. Virtual Power Plant Market: By Technology, 2022-2032, USD (Million)
      • 11.4.1.3.2. Virtual Power Plant Market: By End-User, 2022-2032, USD (Million)

12. Company Profile

• 12.1. Siemens AG
  • 12.1.1. Company Overview
  • 12.1.2. Financial Performance
  • 12.1.3. Product Portfolio
  • 12.1.4. Strategic Initiatives
• 12.2. Schneider Electric
  • 12.2.1. Company Overview
  • 12.2.2. Financial Performance
  • 12.2.3. Product Portfolio
  • 12.2.4. Strategic Initiatives
• 12.3. ABB
  • 12.3.1. Company Overview
  • 12.3.2. Financial Performance
  • 12.3.3. Product Portfolio
  • 12.3.4. Strategic Initiatives
• 12.4. Toshiba Energy Systems & Solutions
  • 12.4.1. Company Overview
  • 12.4.2. Financial Performance
  • 12.4.3. Product Portfolio
  • 12.4.4. Strategic Initiatives
• 12.5. Next Kraftwerke
  • 12.5.1. Company Overview
  • 12.5.2. Financial Performance
  • 12.5.3. Product Portfolio
  • 12.5.4. Strategic Initiatives
• 12.6. Hitachi, Ltd.
  • 12.6.1. Company Overview
  • 12.6.2. Financial Performance
  • 12.6.3. Product Portfolio
  • 12.6.4. Strategic Initiatives
• 12.7. Tesla
  • 12.7.1. Company Overview
  • 12.7.2. Financial Performance
  • 12.7.3. Product Portfolio
  • 12.7.4. Strategic Initiatives
• 12.8. AutoGrid Systems, Inc
  • 12.8.1. Company Overview
  • 12.8.2. Financial Performance
  • 12.8.3. Product Portfolio
  • 12.8.4. Strategic Initiatives
• 12.9. Limejump Limited
  • 12.9.1. Company Overview
  • 12.9.2. Financial Performance
  • 12.9.3. Product Portfolio
  • 12.9.4. Strategic Initiatives
• 12.10. Sunverge Energy, Inc.
  • 12.10.1. Company Overview
  • 12.10.2. Financial Performance
  • 12.10.3. Product Portfolio
  • 12.10.4. Strategic Initiatives
• 12.11. Centrica
  • 12.11.1. Company Overview
  • 12.11.2. Financial Performance
  • 12.11.3. Product Portfolio
  • 12.11.4. Strategic Initiatives
• 12.12. Other Notable Players
  • 12.12.1. Company Overview
  • 12.12.2. Financial Performance
  • 12.12.3. Product Portfolio
  • 12.12.4. Strategic Initiatives