NEW YORK, Oct. 13, 2023 /PRNewswire/ — The electricity trading market is anticipated to develop by USD 111.34 billion from 2022 to 2027, based on Technavio. In addition, the expansion momentum of the market will progress at a CAGR of 6.56% in the course of the forecast interval. To discover a preview of the market overviews, market drivers, alternatives, and potentials request free sample report
Electricity Trading Market 2023-2027: Company Analysis
The electrical energy buying and selling market is fragmented as a result of presence of many international and regional gamers. The market contains category-focused, industry-focused, and diversified corporations. The international off-grid electrical energy buying and selling market is anticipated to develop quickly in the course of the forecast interval as a result of rise in firm collaborations. Hence, the competitors amongst corporations is anticipated to accentuate in the course of the forecast. The report analyzes the market’s aggressive panorama and gives info on a number of market corporations. BP Plc, Deutsche Borse AG, Equinor ASA, Euronext N.V., Fortum Oyj, Intercontinental Exchange Inc., Japan Electric Power Exchange, NTPC Ltd., Power Exchange India Ltd., Tata Power Co. Ltd., Vattenfall AB, Axpo Holding AG, Energy Trading Co. Sro, Indian Energy Exchange Ltd., JSW STEEL Ltd., Manikaran Power Ltd., Next Kraftwerke GmbH, PTC India Ltd., Statkraft AS, and VECO Power Trading LLC
Major Companies and Key Offerings:
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Deutsche Borse AG- The firm gives Electricity buying and selling providers underneath the subsidiary European Energy Exchange AG.
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Equinor ASA – The firm gives versatile industrial packaging functions comparable to Pet meals and care, contemporary meals, home and private care, and dry and frozen meals, and drinks, underneath the subsidiary of Mondi plc.
Electricity Trading Market 2023-2027: Segmentation Analysis
By Type
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The day-ahead buying and selling section is estimated to witness important development in the course of the forecast interval. Day-ahead buying and selling refers to day-ahead electrical energy transactions performed on exchanges such because the Paris European Electricity Exchange, ViennaEXAA Energy Exchange, or OTC Trading by way of signed contracts. Day-ahead buying and selling are voluntary, financially binding change of electrical energy by which sellers and patrons change an quantity of electrical energy wanted for the following day.
By Geography
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APAC is estimated to contribute 39% to the expansion of the worldwide market throughout the forecast interval. Europe can also be a area that provides necessary development alternatives to producers, it’s among the many three greatest markets of electrical energy buying and selling on the earth. In Europe, there are a lot of associations of power merchants that guarantee a stage taking part in area for electrical energy costs.
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Other areas embody Europe, North America, South America, and Middle East and Africa
To know further highlights and key factors on numerous market segments and their affect in coming years, Get Free Sample Report.
Imperative Insights on the next facets:
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What was the dimensions of the worldwide electrical energy buying and selling market by worth?
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What would be the dimension of the international electrical energy buying and selling market in 2027?
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How has the {industry} carried out over the past 5 years?
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What components are affecting the energy of competitors within the international electrical energy buying and selling market?
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What important segments make up the worldwide electrical energy buying and selling market?
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Electricity Trading Market Scope |
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Report Coverage |
Details |
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Base 12 months |
2022 |
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Historic interval |
2017-2021 |
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Forecast interval |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.56% |
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Market development 2023-2027 |
USD 111.34 billion |
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Market construction |
Fragmented |
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YoY development 2022-2023 (%) |
5.92 |
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Regional evaluation |
Europe, APAC, North America, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 39% |
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Key international locations |
US, China, Japan, Germany, and the UK |
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Competitive panorama |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key corporations profiled |
BP Plc, Deutsche Borse AG, Equinor ASA, Euronext N.V., Fortum Oyj, Intercontinental Exchange Inc., Japan Electric Power Exchange, NTPC Ltd., Power Exchange India Ltd., Tata Power Co. Ltd., Vattenfall AB, Axpo Holding AG, Energy Trading Co. Sro, Indian Energy Exchange Ltd., JSW STEEL Ltd., Manikaran Power Ltd., Next Kraftwerke GmbH, PTC India Ltd., Statkraft AS, and VECO Power Trading LLC |
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Market dynamics |
Parent market evaluation, Market development inducers and obstacles, Fast-growing and slow-growing section evaluation, COVID-19 affect and restoration evaluation and future client dynamics, Market situation evaluation for the forecast interval. |
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Customization purview |
If our report has not included the info that you’re on the lookout for, you may attain out to our analysts and get segments custom-made. |
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Application
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation deal with rising market traits and supply actionable insights to assist businesses establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 experiences and counting, masking 800 applied sciences, spanning throughout 50 international locations. Their consumer base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising consumer base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in current and potential markets and assess their aggressive positions inside altering market situations.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
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SOURCE Technavio
