Blockchain in Energy Market: Summary
The Global Blockchain in Energy Market is estimated to reach USD 6.8 Billion in 2024 at a CAGR of 72.5%. Increasing smart infrastructure and electrical vehicles and inclination of governing authorities towards smart cities is expected to drive the blockchain in the energy market during the forecast period. However, the complexity of combining blockchain with the existing systems and high initial capital cost is expected to restrain the market during the forecast period. Growing investment in blockchain technology is expected to become an opportunity for blockchain in the energy market.
Blockchain is a safe, secure data ledger simultaneously used by multiple entities via a distributed network. Blockchain in the energy sector is collaborating blockchain technology with the existing energy systems. Blockchain in energy improves the efficiency of the current system and delivers better outcomes. Some key players in blockchain in the energy market are SAP SE, Microsoft Corporation, Accenture plc, IBM Corporation, and LO3 Energy among others.
This market research report offers a comprehensive analysis of key market trends in the global blockchain in the energy market. It includes a detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities, and challenges backed by factful feedbacks. On the basis of type, the market is segmented into public, private, and consortium. By provider, the blockchain in the energy market is segmented into platforms and services. By application, blockchain in the energy market is segmented into energy trading systems, peer-to-peer energy trading, electric vehicle charging, project financing and others. By end-use industry, blockchain in the energy market is segmented into power and oil & gas.
The report on the blockchain in the energy market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire in energy dynamics are covered through the below segmentation.
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Report Features |
Specifics |
|---|---|
|
Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
|
Base Year for Market Calculation |
2018 |
|
Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
|
Measured Units |
Value (USD Million) |
|
Segments Included |
Type, Provider, Application, End Use Industry |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Blockchain in Energy Market by Type
Blockchain in Energy Market by Provider
Blockchain in Energy Market by Application
Blockchain in Energy Market by End-Use Industry
Blockchain in Energy Market by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Smart Infrastructure and Electrical Vehicles
4.2.2 Inclination of Governing Authorities Towards Smart Cities
4.3 Restraints
4.3.1 Complexity of Combining Blockchain with Existing System
4.3.2 High Initial Capital Cost
4.4 Opportunities
4.4.1. Growing Investment in Blockchain Technology
4.4.2. Combining Blockchain with IoT and Other Monitoring Technology
4.5 Challenges
4.5.1. Unclear Legal Jurisdictions
4.5.2. Lack of Blockchain Standards
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL BLOCKCHAIN IN ENERGY MARKET BY TYPE, Market Size in USD Million (2017—2024)
6.1 Introduction
6.2 Public
6.3 Private
6.4 Consortium
7 GLOBAL BLOCKCHAIN IN ENERGY MARKET BY PROVIDER, Market Size in USD Million (2017—2024)
7.1 Introduction
7.2 Platform
7.3 Services
8 GLOBAL BLOCKCHAIN IN ENERGY MARKET BY APPLICATION, Market Size in USD Million (2017—2024)
8.1 Introduction
8.2 Energy Trading Systems
8.3 Peer-to-Peer Energy Trading
8.4 Electric Vehicle Charging
8.5 Project Financing
8.6 Others
9 GLOBAL BLOCKCHAIN IN ENERGY MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)
9.1 Introduction
9.2 Power
9.3 Oil and Gas
10 GLOBAL BLOCKCHAIN IN ENERGY MARKET BY REGION, Market Size in USD Million (2017—2024)
10.1 North America
10.1.1 US
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 UK
10.2.5 The Netherlands
10.2.6 Rest of Europe
10.3 Asia-Pacific
10.3.1 China
10.3.2 India
10.3.3 Japan
10.3.4 South Korea
10.3.5 Australia
10.3.6 Rest of Asia-Pacific
10.4 Middle East
10.4.1 Saudi Arabia
10.4.2 UAE
10.4.3 Rest of Middle East
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South America
11 COMPETITIVE LANDSCAPE
11.1 Introduction
11.2 Market Ranking/Share Analysis of Key Companies
11.3 Company Benchmarking
12 COMPANY PROFILES
12.1 SAP SE
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Solutions/Services Offered
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.2 Microsoft Corporation
12.3 Accenture Plc
12.4 IBM Corporation
12.5 LO3 Energy
12.6 Power Ledger Pty Ltd
12.7 GridPlus, Inc
12.8 Drift Marketplace, INC.
12.9 Electron
12.10 Greeneum
12.11 Other Key Companies
13 APPENDIX
13.1 Key Industry Expert Insights
13.2 Primary Discussion Guide
13.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
