Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Virtual Power Plant Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Virtual Power Plant Market growth assessed on both regional and global levels.
Emergen Research’s latest document, titled ‘Global Virtual Power Plant Market- Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Virtual Power Plant Market. The report’s authors have offered necessary details on the latest Virtual Power Plant Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Virtual Power Plant Market industry entails useful insights into the estimated Virtual Power Plant Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Virtual Power Plant Market.
The global virtual power plant market is expected to reach a market size of USD 3,724.2 million by 2028 at a relatively robust CAGR over the forecast period, according to latest analysis by Emergen Research. This growth can be attributed to factors such as increasing initiatives of various governments regarding adoption of renewable sources of energy, which is driving renewable power generation activities. Rapid urbanization and rising focus on decarbonization, along with the rapid digitalization trend, are other factors driving adoption of virtual power plants, and the trend is expected to continue during the forecast period.
Read more@ https://www.emergenresearch.com/industry-report/virtual-power-plant-market
Segments Covered in this Report
End-use Outlook (Revenue, USD Million; 2021–2028)
Industrial and Commercial
Technology Outlook (Revenue, USD Million; 2021–2028)
Regional Outlook (Revenue, USD Million; 2021–2028)
Middle East & Africa
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AutoGrid Systems, Inc.
Cisco Systems, Inc.
Cpower Energy Management
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