Electricity Trading: Top Drivers that will Enable COVID-19 Recovery
Market Insights to Drive Recovery from COVID-19
The Electricity Trading Market is projected to post an incremental growth of $ 96.84 bn, at a CAGR of about 6% till 2025. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.
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Electricity Trading Market: Key Market Drivers
One of the key factors that will drive growth is rising adoption of energy storage systems. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.
Electricity Trading Market: Segment List
This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Electricity Trading Market is segmented by Type (Day-ahead trading and Intraday trading) and Geography (Europe, APAC, North America, MEA, and South America). Request our Free Sample Report
Electricity Trading Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ASX Ltd., Axpo Holding AG, Danske Commodities AS, Energy Trading Co. Sro, European Energy Exchange AG, Indian Energy Exchange Ltd., Japan Electric Power Exchange, Next Kraftwerke GmbH, Statkraft AS, and VECO Power Trading LLC are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
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The report provides insights into the following FAQs:
Electricity Trading Market Size to Grow by $ 96.84 bn During 2021-2025
Technavio has been monitoring the electricity trading market and it is expected to grow by $ 96.84 bn, accelerating at a CAGR of almost 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Electricity Trading Market: APAC to lead market growth during the forecast period
Electricity Trading Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ASX Ltd., Axpo Holding AG, Danske Commodities AS, Energy Trading Co. Sro, European Energy Exchange AG, Indian Energy Exchange Ltd., Japan Electric Power Exchange, Next Kraftwerke GmbH, Statkraft AS, and VECO Power Trading LLC are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
For more insights on this market: Download a Free Sample Report
Electricity Trading Market: Key Highlights of the Report for 2021-2025
Technavio has been monitoring the electricity trading market and it is expected to grow by $ 96.84 billion, accelerating at a CAGR of 6% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking.
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Electricity Trading Market: Emerging Trends to Impact Market Growth
The use of blockchain for peer-to-peer (P2P) energy trading has been identified as one of the critical electricity trading market trends. The concept of P2P trading is gaining popularity among end-users as it allows individuals to share their surplus renewable energy with the local community at a given price. P2P trading also leads to higher flexibility and lower costs as the peers become prosumers, and there is no involvement of middlemen. The increasing use of blockchain technology will further facilitate P2P trading and enable both consumers and utilities to generate and sell electricity. These developments are expected to fuel the growth of the electricity trading market during the next five years.
Electricity Trading Market: Vendor Analysis
The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ASX Ltd., Axpo Holding AG, Danske Commodities AS, Energy Trading Co. Sro, European Energy Exchange AG, Indian Energy Exchange Ltd., Japan Electric Power Exchange, Next Kraftwerke GmbH, Statkraft AS, and VECO Power Trading LLC are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report