Comprehensive Research Report on Global Blockchain in Energy Trading Market Analysis, Growth Forecast 2023-2028
According to MarkNtel Advisors study the Global Blockchain in Energy Trading Market research report is an extensive document that includes a plethora of information, including several opportunities and dynamics that are pertinent to the 2023–2028 projection period.
The Global Blockchain in Energy Trading Market is estimated to grow at a CAGR of around 25.55% during the forecast period, i.e., 2023-28.
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Blockchain in Energy Trading Market Driver:
Rapid Growth of Renewable Energy Sources to Escalate the Market –
The surging growth of renewable sources across the globe is accelerating the Energy Trading Market. Renewable energy sources, such as solar & wind power, are becoming more affordable & reliable owing to increasing government policies & incentives, technological advancement, financial investment from private & institutional investors, etc. According to the IRENA, in 2022, costs for renewables continued to fall in 2021, electricity from wind fell by around 15%, offshore wind by about 13%, and solar photovoltaics (PV) by 13% compared to 2020. As solar & wind become more prevalent, households & businesses are increasingly becoming prosumers, generating their electricity & sometimes producing excess energy that could be shared with others.
Competitive Landscape & Segmentation Analysis:
In order to provide a clear picture of competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Blockchain in Energy Trading market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.
- Power Ledger
- SunContract
- Wepower
- Restart Energy
- Electron
- Mission Innovation
- Blockchain Tech LTD
- Enosi
- Grid Singularity
- LO3 Energy
- Others
By identifying the high growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities. From a strategic perspective, it looks at each submarket’s unique growth trajectory and market share.
By Type
-Public-Market Size & Forecast 2018-2028, (USD Million)
-Private- Market Size & Forecast 2018-2028, (USD Million)
By Application
-Peer to Peer Energy Trading- Market Size & Forecast 2018-2028, (USD Million)
-Regulation and Compliance Management- Market Size & Forecast 2018-2028, (USD Million)
-Commodity Trading- Market Size & Forecast 2018-2028, (USD Million)
-Electricity Data Management- Market Size & Forecast 2018-2028, (USD Million)
-Grid Management- Market Size & Forecast 2018-2028, (USD Million)
By End User
-Power Utilities- Market Size & Forecast 2018-2028, (USD Million)
-Oil and Gas- Market Size & Forecast 2018-2028, (USD Million)
-Residential Communities- Market Size & Forecast 2018-2028, (USD Million)
-Commercial & Industrial- Market Size & Forecast 2018-2028, (USD Million)
Geographically, the Global Blockchain in Energy Trading extends across the following regions:
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia Pacific
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Key Benefits for Stakeholders:
- To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Blockchain in Energy Trading market analysis from 2023 to 2028.
- Information on the main factors driving the market as well as the obstacles and possibilities are provided.
- The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
- A comprehensive examination of the Blockchain in Energy Trading market segmentation aids in identifying the dominant market opportunities.
- The major countries in each area are shown in relation to the revenue they generate for the global market.
- Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
- The research analyzes market trends for Blockchain in Energy Trading industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.
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