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Global virtual power plant enabling market to register +29% CAGR by 2023

Industrial Market Research

The Global Virtual Power Plant Enabling Market is expected to grow at a CAGR +29% during the forecast period.

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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.

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The study presents a qualitative and quantitative analysis of the market, its key segments, regulatory landscape, and competitive scenario, and recent developments. A detailed analysis of factors expected to drive and challenge the growth of the market as well as the trends that decide consumer inclination are highlighted.

The report utilizes a variety of primary and secondary research methodologies for gathering quantitative as well as qualitative data on global as well as regional fronts. With the help of a number of industry-best analytical methods, the vast amount of market data thus gathered is filtered and narrowed down to the details that matter the most to companies operating in the Global Virtual Power Plant Enabling Market or aspiring to enter it.

Companies Profiled In This Report:

DONG Energy, Duke Energy, PowerStream, RWE, Bosch, GE Energy Connections, IBM, Schneider Electric, Siemens, Toshiba, Comverge, EnerNOC, Next Kraftwerke, LichtBlick

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The report segments virtual power plant market based on end-user segment such as commercial & industrial and residential. The residential segment is expected to grow at the fastest pace during the forecast period.

Virtual power plant market is growing in residential homes through participating in demand response programs, energy storage system, and distributed generation. It helps in delivering energy at peak usage times and the end users can save up the surplus power in energy storage devices such as solar panels, batteries, among others.

Also government mandates and initiatives for customer engagement, and incentives programs might prove to be an added boost for the residential end-user segment. The growing infrastructure sector, especially in the Asia-Pacific region is likely to drive the overall virtual power plant market during the forecast period.

Marketing strategies and marketing channels adopted by key companies are highlighted in the report. Corporations are concentrating on improving direct and indirect advertising strategies and develop various promotion channels, brand strategies, and pricing strategies.

This statistical surveying report finds that major corporations functioning in the Global Virtual Power Plant Enabling Market are concentrating on acquiring a few startup companies in the near future. With this, the key companies will get a chance to focus on adopting new trends and innovations in the market products.

Additionally, by merging with startups, leading companies are aiming to maintain their dominance in the global market.

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Reason to Access Global Virtual Power Plant Enabling Market Research Report:

Analysis of Global Virtual Power Plant Enabling Market and its upcoming growth prospects is been mentioned with maximum precision. This study includes an elaborative summary of market which also includes snapshots that offer depth of information of various other segmentations.

Through qualitative and quantitative analysis of key factors which are responsible for boosting or hampering the market growth and the promising opportunities in market have been provide. Primary and secondary research is been done in detail which helps the readers have a strong understanding of the complete market for the forecast period.

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Table of Contents:         

Global Virtual Power Plant Enabling Market Research Report 2017

Chapter 1: Global Virtual Power Plant Enabling Market Overview   

Chapter 2: Global Economic Impact on Industry   

Chapter 3: Global Market Competition by Manufacturers 

Chapter 4: Global Production, Revenue (Value) by Region

Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions 

Chapter 6: Global Production, Revenue (Value), Price Trend by Type   

Chapter 7: Global Market Analysis by Application   

Chapter 8: Manufacturing Cost Analysis   

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers   

Chapter 10: Marketing Strategy Analysis, Distributors/Traders 

Chapter 11: Market Effect Factors Analysis   

Chapter 12: Global Virtual Power Plant Enabling Market Forecast

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