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Global Power Grid Services Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Power Grid Services by Type
    • 1.3.1 Overview: Global Power Grid Services Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Power Grid 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 Others
  • 1.4 Global Power Grid Services Market by Application
    • 1.4.1 Overview: Global Power Grid Services Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Industrial Electricity
    • 1.4.3 Residential Electricity
  • 1.5 Global Power Grid Services Market Size & Forecast
  • 1.6 Global Power Grid Services Market Size and Forecast by Region
    • 1.6.1 Global Power Grid Services Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Power Grid Services Market Size by Region, (2019-2030)
    • 1.6.3 North America Power Grid Services Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Power Grid Services Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Power Grid Services Market Size and Prospect (2019-2030)
    • 1.6.6 South America Power Grid Services Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East & Africa Power Grid 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 Power Grid Services Product and Solutions
    • 2.1.4 PJM Power Grid 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 Power Grid Services Product and Solutions
    • 2.2.4 ERCOT Power Grid 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 Power Grid Services Product and Solutions
    • 2.3.4 CAISO Power Grid 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 Power Grid Services Product and Solutions
    • 2.4.4 ISO-NE Power Grid 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 Power Grid Services Product and Solutions
    • 2.5.4 Elia Power Grid 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 Power Grid Services Product and Solutions
    • 2.6.4 NYISO Power Grid 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 Power Grid Services Product and Solutions
    • 2.7.4 Energinet Power Grid 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 Power Grid Services Product and Solutions
    • 2.8.4 Snowy Hydro Power Grid 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 Power Grid Services Product and Solutions
    • 2.9.4 Transelectrica Power Grid 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 Power Grid Services Product and Solutions
    • 2.10.4 SPP Power Grid 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 Power Grid Services Product and Solutions
    • 2.11.4 IESO Power Grid 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 Power Grid Services Product and Solutions
    • 2.12.4 AESO Power Grid 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 Power Grid Services Product and Solutions
    • 2.13.4 MISO Power Grid 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 Power Grid Services Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Power Grid Services by Company Revenue
    • 3.2.2 Top 3 Power Grid Services Players Market Share in 2023
    • 3.2.3 Top 6 Power Grid Services Players Market Share in 2023
  • 3.3 Power Grid Services Market: Overall Company Footprint Analysis
    • 3.3.1 Power Grid Services Market: Region Footprint
    • 3.3.2 Power Grid Services Market: Company Product Type Footprint
    • 3.3.3 Power Grid 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 Power Grid Services Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Power Grid Services Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

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

6 North America

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

7 Europe

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

8 Asia-Pacific

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

9 South America

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

10 Middle East & Africa

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

11 Market Dynamics

  • 11.1 Power Grid Services Market Drivers
  • 11.2 Power Grid Services Market Restraints
  • 11.3 Power Grid 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 Power Grid Services Industry Chain
  • 12.2 Power Grid Services Upstream Analysis
  • 12.3 Power Grid Services Midstream Analysis
  • 12.4 Power Grid Services Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Power grid services also called power grid services, Power grid services ensure a proper operation of the power grid. The grid operators (transmission grid operators and distribution grid operators) are responsible for ancillary services. To ensure a reliable power supply, it is necessary that frequency, voltage, and power load remain within certain limits. This does not happen automatically, but through continuous corrections: namely, ancillary services. The most renowned service is probably the frequency control/balancing energy. Even in the event of a blackout, ancillary services help restart the power grid as quickly as possible. Power Grid 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 Power Grid Services market size was valued at US$ 9603 million in 2023 and is forecast to a readjusted size of USD 16440 million by 2030 with a CAGR of 8.0% during review period.
    Global 3 key players of Power Grid Services are PJM, ERCOT and Energinet, with about 16% market shares. Europe is the largest market, which has a share about 37%, followed by Asia-Pacific and North America, with share 35% and 22%, separately. In terms of product type, reactive power & voltage control is the largest segment, accounting for a share of 26%. And in terms of application, industrial electricity is the largest, followed by residential electricity.
    This report is a detailed and comprehensive analysis for global Power Grid 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 Power Grid Services market size and forecasts, in consumption value ($ Million), 2019-2030
    Global Power Grid Services market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
    Global Power Grid Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
    Global Power Grid 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 Power Grid 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 Power Grid 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
    Power Grid 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
    Power Grid 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
    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 Power Grid Services product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top players of Power Grid Services, with revenue, gross margin, and global market share of Power Grid Services from 2019 to 2024.
    Chapter 3, the Power Grid 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 Power Grid 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 Power Grid Services.
    Chapter 13, to describe Power Grid Services research findings and conclusion.

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