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Service & Software Global Electricity Ancillary Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030

  • RnM4527998
    • |
  • 26 September, 2024
    • |
  • Global
    • |
  • 118 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Service & Software

Electricity ancillary services refer to functions that help grid operators maintain a reliable electricity system. Ancillary services maintain the proper flow and direction of electricity, address imbalances between supply and demand, and help the system recover after a power system event. In systems with significant variable renewable energy (RE) penetration, additional ancillary services may be required to manage increased variability and uncertainty. Electricity ancillary services include a wide variety of electrical efficiency and safety nets, all focussed on ensuring the power system delivers enough output to meet demand yet remains stable.
According to our (Global Info Research) latest study, the global Electricity Ancillary Services market size was valued at US$ 9065 million in 2023 and is forecast to a readjusted size of USD 15580 million by 2030 with a CAGR of 8.1% during review period.
Global key players of Electricity Ancillary Services include PJM, ERCOT, CAISO, ISO-NE, Elia, etc. The top five players hold a share over 21%. Europe is the largest market, has a share about 39%, followed by North America and Asia-Pacific, with share 31% and 22%, separately. In terms of product type, Frequency Control is the largest segment, occupied for a share of 25%, and in terms of application, Industrial Electricity has a share about 66 percent.
This report is a detailed and comprehensive analysis for global Electricity Ancillary Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Electricity Ancillary Services market size and forecasts, in consumption value ($ Million), 2019-2030
Global Electricity Ancillary Services market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Electricity Ancillary Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Electricity Ancillary Services market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electricity Ancillary Services
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electricity Ancillary Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include PJM, ERCOT, CAISO, ISO-NE, Elia, NYISO, Energinet, Snowy Hydro, Transelectrica, SPP, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Electricity Ancillary Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Electricity Ancillary Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Frequency Control
Reactive Power & Voltage Control
Black Start
Operating Reserve
Load Following
Others
Market segment by Application
Industrial Electricity
Residential Electricity
Market segment by players, this report covers
PJM
ERCOT
CAISO
ISO-NE
Elia
NYISO
Energinet
Snowy Hydro
Transelectrica
SPP
IESO
AESO
MISO
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Electricity Ancillary Services product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Electricity Ancillary Services, with revenue, gross margin, and global market share of Electricity Ancillary Services from 2019 to 2024.
Chapter 3, the Electricity Ancillary Services competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Electricity Ancillary Services market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Electricity Ancillary Services.
Chapter 13, to describe Electricity Ancillary Services research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Electricity Ancillary Services by Type
    • 1.3.1 Overview: Global Electricity Ancillary Services Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Electricity Ancillary Services Consumption Value Market Share by Type in 2023
    • 1.3.3 Frequency Control
    • 1.3.4 Reactive Power & Voltage Control
    • 1.3.5 Black Start
    • 1.3.6 Operating Reserve
    • 1.3.7 Load Following
    • 1.3.8 Others
  • 1.4 Global Electricity Ancillary Services Market by Application
    • 1.4.1 Overview: Global Electricity Ancillary Services Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Industrial Electricity
    • 1.4.3 Residential Electricity
  • 1.5 Global Electricity Ancillary Services Market Size & Forecast
  • 1.6 Global Electricity Ancillary Services Market Size and Forecast by Region
    • 1.6.1 Global Electricity Ancillary Services Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Electricity Ancillary Services Market Size by Region, (2019-2030)
    • 1.6.3 North America Electricity Ancillary Services Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Electricity Ancillary Services Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Electricity Ancillary Services Market Size and Prospect (2019-2030)
    • 1.6.6 South America Electricity Ancillary Services Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East & Africa Electricity Ancillary Services Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 PJM
    • 2.1.1 PJM Details
    • 2.1.2 PJM Major Business
    • 2.1.3 PJM Electricity Ancillary Services Product and Solutions
    • 2.1.4 PJM Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 PJM Recent Developments and Future Plans
  • 2.2 ERCOT
    • 2.2.1 ERCOT Details
    • 2.2.2 ERCOT Major Business
    • 2.2.3 ERCOT Electricity Ancillary Services Product and Solutions
    • 2.2.4 ERCOT Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 ERCOT Recent Developments and Future Plans
  • 2.3 CAISO
    • 2.3.1 CAISO Details
    • 2.3.2 CAISO Major Business
    • 2.3.3 CAISO Electricity Ancillary Services Product and Solutions
    • 2.3.4 CAISO Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 CAISO Recent Developments and Future Plans
  • 2.4 ISO-NE
    • 2.4.1 ISO-NE Details
    • 2.4.2 ISO-NE Major Business
    • 2.4.3 ISO-NE Electricity Ancillary Services Product and Solutions
    • 2.4.4 ISO-NE Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 ISO-NE Recent Developments and Future Plans
  • 2.5 Elia
    • 2.5.1 Elia Details
    • 2.5.2 Elia Major Business
    • 2.5.3 Elia Electricity Ancillary Services Product and Solutions
    • 2.5.4 Elia Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Elia Recent Developments and Future Plans
  • 2.6 NYISO
    • 2.6.1 NYISO Details
    • 2.6.2 NYISO Major Business
    • 2.6.3 NYISO Electricity Ancillary Services Product and Solutions
    • 2.6.4 NYISO Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 NYISO Recent Developments and Future Plans
  • 2.7 Energinet
    • 2.7.1 Energinet Details
    • 2.7.2 Energinet Major Business
    • 2.7.3 Energinet Electricity Ancillary Services Product and Solutions
    • 2.7.4 Energinet Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Energinet Recent Developments and Future Plans
  • 2.8 Snowy Hydro
    • 2.8.1 Snowy Hydro Details
    • 2.8.2 Snowy Hydro Major Business
    • 2.8.3 Snowy Hydro Electricity Ancillary Services Product and Solutions
    • 2.8.4 Snowy Hydro Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Snowy Hydro Recent Developments and Future Plans
  • 2.9 Transelectrica
    • 2.9.1 Transelectrica Details
    • 2.9.2 Transelectrica Major Business
    • 2.9.3 Transelectrica Electricity Ancillary Services Product and Solutions
    • 2.9.4 Transelectrica Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Transelectrica Recent Developments and Future Plans
  • 2.10 SPP
    • 2.10.1 SPP Details
    • 2.10.2 SPP Major Business
    • 2.10.3 SPP Electricity Ancillary Services Product and Solutions
    • 2.10.4 SPP Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 SPP Recent Developments and Future Plans
  • 2.11 IESO
    • 2.11.1 IESO Details
    • 2.11.2 IESO Major Business
    • 2.11.3 IESO Electricity Ancillary Services Product and Solutions
    • 2.11.4 IESO Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 IESO Recent Developments and Future Plans
  • 2.12 AESO
    • 2.12.1 AESO Details
    • 2.12.2 AESO Major Business
    • 2.12.3 AESO Electricity Ancillary Services Product and Solutions
    • 2.12.4 AESO Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 AESO Recent Developments and Future Plans
  • 2.13 MISO
    • 2.13.1 MISO Details
    • 2.13.2 MISO Major Business
    • 2.13.3 MISO Electricity Ancillary Services Product and Solutions
    • 2.13.4 MISO Electricity Ancillary Services Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 MISO Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Electricity Ancillary Services Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Electricity Ancillary Services by Company Revenue
    • 3.2.2 Top 3 Electricity Ancillary Services Players Market Share in 2023
    • 3.2.3 Top 6 Electricity Ancillary Services Players Market Share in 2023
  • 3.3 Electricity Ancillary Services Market: Overall Company Footprint Analysis
    • 3.3.1 Electricity Ancillary Services Market: Region Footprint
    • 3.3.2 Electricity Ancillary Services Market: Company Product Type Footprint
    • 3.3.3 Electricity Ancillary Services Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Electricity Ancillary Services Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Electricity Ancillary Services Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Electricity Ancillary Services Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Electricity Ancillary Services Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Electricity Ancillary Services Consumption Value by Type (2019-2030)
  • 6.2 North America Electricity Ancillary Services Market Size by Application (2019-2030)
  • 6.3 North America Electricity Ancillary Services Market Size by Country
    • 6.3.1 North America Electricity Ancillary Services Consumption Value by Country (2019-2030)
    • 6.3.2 United States Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Electricity Ancillary Services Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Electricity Ancillary Services Consumption Value by Type (2019-2030)
  • 7.2 Europe Electricity Ancillary Services Consumption Value by Application (2019-2030)
  • 7.3 Europe Electricity Ancillary Services Market Size by Country
    • 7.3.1 Europe Electricity Ancillary Services Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 7.3.3 France Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Electricity Ancillary Services Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Electricity Ancillary Services Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Electricity Ancillary Services Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Electricity Ancillary Services Market Size by Region
    • 8.3.1 Asia-Pacific Electricity Ancillary Services Consumption Value by Region (2019-2030)
    • 8.3.2 China Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 8.3.5 India Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Electricity Ancillary Services Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Electricity Ancillary Services Consumption Value by Type (2019-2030)
  • 9.2 South America Electricity Ancillary Services Consumption Value by Application (2019-2030)
  • 9.3 South America Electricity Ancillary Services Market Size by Country
    • 9.3.1 South America Electricity Ancillary Services Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Electricity Ancillary Services Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Electricity Ancillary Services Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Electricity Ancillary Services Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Electricity Ancillary Services Market Size by Country
    • 10.3.1 Middle East & Africa Electricity Ancillary Services Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Electricity Ancillary Services Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Electricity Ancillary Services Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Electricity Ancillary Services Market Drivers
  • 11.2 Electricity Ancillary Services Market Restraints
  • 11.3 Electricity Ancillary Services Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Electricity Ancillary Services Industry Chain
  • 12.2 Electricity Ancillary Services Upstream Analysis
  • 12.3 Electricity Ancillary Services Midstream Analysis
  • 12.4 Electricity Ancillary Services Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Electricity Ancillary Services. Industry analysis & Market Report on Electricity Ancillary Services is a syndicated market report, published as Global Electricity Ancillary Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Electricity Ancillary Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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