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.
The global Power Grid Services market size is projected to grow from US$ 9849 million in 2024 to US$ 16060 million in 2030; it is expected to grow at a CAGR of 8.5% from 2024 to 2030.
The 鈥淧ower Grid Services Industry Forecast鈥 looks at past sales and reviews total world Power Grid Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Power Grid Services sales for 2023 through 2029. With Power Grid Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Grid Services industry.
This Insight Report provides a comprehensive analysis of the global Power Grid Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power Grid Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Power Grid Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Grid Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Grid Services.
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 presents a comprehensive overview, market shares, and growth opportunities of Power Grid Services market by product type, application, key players and key regions and countries.
Segmentation by Type:
Frequency Control
Reactive Power & Voltage Control
Black Start
Operating Reserve
Others
Segmentation by Application:
Industrial Electricity
Residential Electricity
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Frequency Control
Reactive Power & Voltage Control
Black Start
Operating Reserve
Others
Segmentation by Application:
Industrial Electricity
Residential Electricity
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
PJM
ERCOT
CAISO
ISO-NE
Elia
NYISO
Energinet
Snowy Hydro
Transelectrica
SPP
IESO
AESO
MISO
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Power Grid Services 麻豆原创 Size 2019-2030
2.1.2 Power Grid Services 麻豆原创 Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Power Grid Services by Country/Region, 2019, 2023 & 2030
2.2 Power Grid Services Segment by Type
2.2.1 Frequency Control
2.2.2 Reactive Power & Voltage Control
2.2.3 Black Start
2.2.4 Operating Reserve
2.2.5 Others
2.3 Power Grid Services 麻豆原创 Size by Type
2.3.1 Power Grid Services 麻豆原创 Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Power Grid Services 麻豆原创 Size 麻豆原创 Share by Type (2019-2024)
2.4 Power Grid Services Segment by Application
2.4.1 Industrial Electricity
2.4.2 Residential Electricity
2.5 Power Grid Services 麻豆原创 Size by Application
2.5.1 Power Grid Services 麻豆原创 Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Power Grid Services 麻豆原创 Size 麻豆原创 Share by Application (2019-2024)
3 Power Grid Services 麻豆原创 Size by Player
3.1 Power Grid Services 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global Power Grid Services Revenue by Player (2019-2024)
3.1.2 Global Power Grid Services Revenue 麻豆原创 Share by Player (2019-2024)
3.2 Global Power Grid Services Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Power Grid Services by Region
4.1 Power Grid Services 麻豆原创 Size by Region (2019-2024)
4.2 Global Power Grid Services Annual Revenue by Country/Region (2019-2024)
4.3 Americas Power Grid Services 麻豆原创 Size Growth (2019-2024)
4.4 APAC Power Grid Services 麻豆原创 Size Growth (2019-2024)
4.5 Europe Power Grid Services 麻豆原创 Size Growth (2019-2024)
4.6 Middle East & Africa Power Grid Services 麻豆原创 Size Growth (2019-2024)
5 Americas
5.1 Americas Power Grid Services 麻豆原创 Size by Country (2019-2024)
5.2 Americas Power Grid Services 麻豆原创 Size by Type (2019-2024)
5.3 Americas Power Grid Services 麻豆原创 Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Power Grid Services 麻豆原创 Size by Region (2019-2024)
6.2 APAC Power Grid Services 麻豆原创 Size by Type (2019-2024)
6.3 APAC Power Grid Services 麻豆原创 Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Power Grid Services 麻豆原创 Size by Country (2019-2024)
7.2 Europe Power Grid Services 麻豆原创 Size by Type (2019-2024)
7.3 Europe Power Grid Services 麻豆原创 Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Power Grid Services by Region (2019-2024)
8.2 Middle East & Africa Power Grid Services 麻豆原创 Size by Type (2019-2024)
8.3 Middle East & Africa Power Grid Services 麻豆原创 Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Power Grid Services 麻豆原创 Forecast
10.1 Global Power Grid Services Forecast by Region (2025-2030)
10.1.1 Global Power Grid Services Forecast by Region (2025-2030)
10.1.2 Americas Power Grid Services Forecast
10.1.3 APAC Power Grid Services Forecast
10.1.4 Europe Power Grid Services Forecast
10.1.5 Middle East & Africa Power Grid Services Forecast
10.2 Americas Power Grid Services Forecast by Country (2025-2030)
10.2.1 United States 麻豆原创 Power Grid Services Forecast
10.2.2 Canada 麻豆原创 Power Grid Services Forecast
10.2.3 Mexico 麻豆原创 Power Grid Services Forecast
10.2.4 Brazil 麻豆原创 Power Grid Services Forecast
10.3 APAC Power Grid Services Forecast by Region (2025-2030)
10.3.1 China Power Grid Services 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 Power Grid Services Forecast
10.3.3 Korea 麻豆原创 Power Grid Services Forecast
10.3.4 Southeast Asia 麻豆原创 Power Grid Services Forecast
10.3.5 India 麻豆原创 Power Grid Services Forecast
10.3.6 Australia 麻豆原创 Power Grid Services Forecast
10.4 Europe Power Grid Services Forecast by Country (2025-2030)
10.4.1 Germany 麻豆原创 Power Grid Services Forecast
10.4.2 France 麻豆原创 Power Grid Services Forecast
10.4.3 UK 麻豆原创 Power Grid Services Forecast
10.4.4 Italy 麻豆原创 Power Grid Services Forecast
10.4.5 Russia 麻豆原创 Power Grid Services Forecast
10.5 Middle East & Africa Power Grid Services Forecast by Region (2025-2030)
10.5.1 Egypt 麻豆原创 Power Grid Services Forecast
10.5.2 South Africa 麻豆原创 Power Grid Services Forecast
10.5.3 Israel 麻豆原创 Power Grid Services Forecast
10.5.4 Turkey 麻豆原创 Power Grid Services Forecast
10.6 Global Power Grid Services Forecast by Type (2025-2030)
10.7 Global Power Grid Services Forecast by Application (2025-2030)
10.7.1 GCC Countries 麻豆原创 Power Grid Services Forecast
11 Key Players Analysis
11.1 PJM
11.1.1 PJM Company Information
11.1.2 PJM Power Grid Services Product Offered
11.1.3 PJM Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.1.4 PJM Main Business Overview
11.1.5 PJM Latest Developments
11.2 ERCOT
11.2.1 ERCOT Company Information
11.2.2 ERCOT Power Grid Services Product Offered
11.2.3 ERCOT Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.2.4 ERCOT Main Business Overview
11.2.5 ERCOT Latest Developments
11.3 CAISO
11.3.1 CAISO Company Information
11.3.2 CAISO Power Grid Services Product Offered
11.3.3 CAISO Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.3.4 CAISO Main Business Overview
11.3.5 CAISO Latest Developments
11.4 ISO-NE
11.4.1 ISO-NE Company Information
11.4.2 ISO-NE Power Grid Services Product Offered
11.4.3 ISO-NE Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.4.4 ISO-NE Main Business Overview
11.4.5 ISO-NE Latest Developments
11.5 Elia
11.5.1 Elia Company Information
11.5.2 Elia Power Grid Services Product Offered
11.5.3 Elia Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.5.4 Elia Main Business Overview
11.5.5 Elia Latest Developments
11.6 NYISO
11.6.1 NYISO Company Information
11.6.2 NYISO Power Grid Services Product Offered
11.6.3 NYISO Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.6.4 NYISO Main Business Overview
11.6.5 NYISO Latest Developments
11.7 Energinet
11.7.1 Energinet Company Information
11.7.2 Energinet Power Grid Services Product Offered
11.7.3 Energinet Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.7.4 Energinet Main Business Overview
11.7.5 Energinet Latest Developments
11.8 Snowy Hydro
11.8.1 Snowy Hydro Company Information
11.8.2 Snowy Hydro Power Grid Services Product Offered
11.8.3 Snowy Hydro Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.8.4 Snowy Hydro Main Business Overview
11.8.5 Snowy Hydro Latest Developments
11.9 Transelectrica
11.9.1 Transelectrica Company Information
11.9.2 Transelectrica Power Grid Services Product Offered
11.9.3 Transelectrica Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.9.4 Transelectrica Main Business Overview
11.9.5 Transelectrica Latest Developments
11.10 SPP
11.10.1 SPP Company Information
11.10.2 SPP Power Grid Services Product Offered
11.10.3 SPP Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.10.4 SPP Main Business Overview
11.10.5 SPP Latest Developments
11.11 IESO
11.11.1 IESO Company Information
11.11.2 IESO Power Grid Services Product Offered
11.11.3 IESO Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.11.4 IESO Main Business Overview
11.11.5 IESO Latest Developments
11.12 AESO
11.12.1 AESO Company Information
11.12.2 AESO Power Grid Services Product Offered
11.12.3 AESO Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.12.4 AESO Main Business Overview
11.12.5 AESO Latest Developments
11.13 MISO
11.13.1 MISO Company Information
11.13.2 MISO Power Grid Services Product Offered
11.13.3 MISO Power Grid Services Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.13.4 MISO Main Business Overview
11.13.5 MISO Latest Developments
12 Research Findings and Conclusion
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*If Applicable.