Report overview
Blockchain is a technology that enables so-called ?peer-to-peer? transactions. With this type of transaction, every participant in a network can transact directly with every other network participant without involving a third-party intermediary.
Blockchain technology can help reducing energy inequality and inefficiency and empower consumers to buy and sell energy from other consumers directly. Energy companies can leverage blockchain to impact capital expenditure, security, operating costs, and risk management.
In the energy industry, blockchain applications are growing increasingly common. The blockchain ledger is being used to reduce transaction costs, pinpoint origins of energy, and increase the efficiency of exchanges.
This report aims to provide a comprehensive presentation of the global market for Blockchain Technology in Energy, 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 Blockchain Technology in Energy. This report contains market size and forecasts of Blockchain Technology in Energy in global, including the following market information:
Global Blockchain Technology in Energy Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Blockchain Technology in Energy market was valued at US$ 523.7 million in 2022 and is projected to reach US$ 3839.4 million by 2029, at a CAGR of 32.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Blockchain Technology in Energy main providers include IBM, Microsoft and Accenture, totally accounting for about 35% of the market. Europe is the largest market of Blockchain Technology in Energy, holding a share over 35%. As for the product types, it can be divided into trading platform, grid management and others. Trading platform,the most common product, accounts for more than 50%. As for the application of products, it can be divided into electric power, oil and gas, renewable energy and others. It is widely used in electric power, taking a proportion over 68%.
We surveyed the Blockchain Technology in Energy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain Technology in Energy Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Blockchain Technology in Energy Market Segment Percentages, by Type, 2022 (%)
Trading Platform
Grid Management
Other
Global Blockchain Technology in Energy Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Blockchain Technology in Energy Market Segment Percentages, by Application, 2022 (%)
Electric Power
Oil and Gas
Renewable Energy
Others
Global Blockchain Technology in Energy Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Blockchain Technology in Energy Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Blockchain Technology in Energy revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Blockchain Technology in Energy revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM
Microsoft
Accenture
ConsenSys
Infosys
Drift
Electron
LO3 Energy
Power Ledger
Siemens
Yuanguang Software
WePower
Outline of Major Chapters:
Chapter 1: Introduces the definition of Blockchain Technology in Energy, market overview.
Chapter 2: Global Blockchain Technology in Energy market size in revenue.
Chapter 3: Detailed analysis of Blockchain Technology in Energy company competitive landscape, revenue and 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: Sales of Blockchain Technology in Energy in regional level and country level. 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
