Highlights
The global Ancillary Services for Power market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Ancillary Services for Power is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Ancillary Services for Power is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Ancillary Services for Power in Voltage Control and Reactive Power Support is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Ancillary Services for Power include Snowy Hydro, New York Independent System Operator, Elia Group, PJM, Transelectrica, General Electric, Independent Electricity System Operator, Midcontinent Independent System Operator and Alberta Electric System Operator, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Ancillary Services for Power, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ancillary Services for Power.
The Ancillary Services for Power market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Ancillary Services for Power market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ancillary Services for Power companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Snowy Hydro
New York Independent System Operator
Elia Group
PJM
Transelectrica
General Electric
Independent Electricity System Operator
Midcontinent Independent System Operator
Alberta Electric System Operator
Southwest Power Pool
Segment by Type
Frequency Service
Non-frequency Service
Segment by Application
Voltage Control and Reactive Power Support
Non-spinning Reserve
Load Following
Regulation
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Ancillary Services for Power companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Ancillary Services for Power Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Frequency Service
1.2.3 Non-frequency Service
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Ancillary Services for Power Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Voltage Control and Reactive Power Support
1.3.3 Non-spinning Reserve
1.3.4 Load Following
1.3.5 Regulation
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Ancillary Services for Power Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Ancillary Services for Power Growth Trends by Region
2.2.1 Global Ancillary Services for Power Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Ancillary Services for Power Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Ancillary Services for Power Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Ancillary Services for Power Âé¶¹Ô´´ Dynamics
2.3.1 Ancillary Services for Power Industry Trends
2.3.2 Ancillary Services for Power Âé¶¹Ô´´ Drivers
2.3.3 Ancillary Services for Power Âé¶¹Ô´´ Challenges
2.3.4 Ancillary Services for Power Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Ancillary Services for Power Players by Revenue
3.1.1 Global Top Ancillary Services for Power Players by Revenue (2018-2023)
3.1.2 Global Ancillary Services for Power Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Ancillary Services for Power Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Ancillary Services for Power Revenue
3.4 Global Ancillary Services for Power Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Ancillary Services for Power Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Ancillary Services for Power Revenue in 2022
3.5 Ancillary Services for Power Key Players Head office and Area Served
3.6 Key Players Ancillary Services for Power Product Solution and Service
3.7 Date of Enter into Ancillary Services for Power Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Ancillary Services for Power Breakdown Data by Type
4.1 Global Ancillary Services for Power Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Ancillary Services for Power Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Ancillary Services for Power Breakdown Data by Application
5.1 Global Ancillary Services for Power Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Ancillary Services for Power Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Ancillary Services for Power Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Ancillary Services for Power Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Ancillary Services for Power Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Ancillary Services for Power Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Ancillary Services for Power Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Ancillary Services for Power Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Ancillary Services for Power Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Ancillary Services for Power Âé¶¹Ô´´ Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Ancillary Services for Power Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Ancillary Services for Power Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Ancillary Services for Power Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Ancillary Services for Power Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Ancillary Services for Power Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Snowy Hydro
11.1.1 Snowy Hydro Company Detail
11.1.2 Snowy Hydro Business Overview
11.1.3 Snowy Hydro Ancillary Services for Power Introduction
11.1.4 Snowy Hydro Revenue in Ancillary Services for Power Business (2018-2023)
11.1.5 Snowy Hydro Recent Development
11.2 New York Independent System Operator
11.2.1 New York Independent System Operator Company Detail
11.2.2 New York Independent System Operator Business Overview
11.2.3 New York Independent System Operator Ancillary Services for Power Introduction
11.2.4 New York Independent System Operator Revenue in Ancillary Services for Power Business (2018-2023)
11.2.5 New York Independent System Operator Recent Development
11.3 Elia Group
11.3.1 Elia Group Company Detail
11.3.2 Elia Group Business Overview
11.3.3 Elia Group Ancillary Services for Power Introduction
11.3.4 Elia Group Revenue in Ancillary Services for Power Business (2018-2023)
11.3.5 Elia Group Recent Development
11.4 PJM
11.4.1 PJM Company Detail
11.4.2 PJM Business Overview
11.4.3 PJM Ancillary Services for Power Introduction
11.4.4 PJM Revenue in Ancillary Services for Power Business (2018-2023)
11.4.5 PJM Recent Development
11.5 Transelectrica
11.5.1 Transelectrica Company Detail
11.5.2 Transelectrica Business Overview
11.5.3 Transelectrica Ancillary Services for Power Introduction
11.5.4 Transelectrica Revenue in Ancillary Services for Power Business (2018-2023)
11.5.5 Transelectrica Recent Development
11.6 General Electric
11.6.1 General Electric Company Detail
11.6.2 General Electric Business Overview
11.6.3 General Electric Ancillary Services for Power Introduction
11.6.4 General Electric Revenue in Ancillary Services for Power Business (2018-2023)
11.6.5 General Electric Recent Development
11.7 Independent Electricity System Operator
11.7.1 Independent Electricity System Operator Company Detail
11.7.2 Independent Electricity System Operator Business Overview
11.7.3 Independent Electricity System Operator Ancillary Services for Power Introduction
11.7.4 Independent Electricity System Operator Revenue in Ancillary Services for Power Business (2018-2023)
11.7.5 Independent Electricity System Operator Recent Development
11.8 Midcontinent Independent System Operator
11.8.1 Midcontinent Independent System Operator Company Detail
11.8.2 Midcontinent Independent System Operator Business Overview
11.8.3 Midcontinent Independent System Operator Ancillary Services for Power Introduction
11.8.4 Midcontinent Independent System Operator Revenue in Ancillary Services for Power Business (2018-2023)
11.8.5 Midcontinent Independent System Operator Recent Development
11.9 Alberta Electric System Operator
11.9.1 Alberta Electric System Operator Company Detail
11.9.2 Alberta Electric System Operator Business Overview
11.9.3 Alberta Electric System Operator Ancillary Services for Power Introduction
11.9.4 Alberta Electric System Operator Revenue in Ancillary Services for Power Business (2018-2023)
11.9.5 Alberta Electric System Operator Recent Development
11.10 Southwest Power Pool
11.10.1 Southwest Power Pool Company Detail
11.10.2 Southwest Power Pool Business Overview
11.10.3 Southwest Power Pool Ancillary Services for Power Introduction
11.10.4 Southwest Power Pool Revenue in Ancillary Services for Power Business (2018-2023)
11.10.5 Southwest Power Pool Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Snowy Hydro
New York Independent System Operator
Elia Group
PJM
Transelectrica
General Electric
Independent Electricity System Operator
Midcontinent Independent System Operator
Alberta Electric System Operator
Southwest Power Pool
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*If Applicable.