Report overview
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. This report contains market size and forecasts of Ancillary Services for Power in global, including the following market information:
Global Ancillary Services for Power Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Ancillary Services for Power market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Frequency Service Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers 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 global top five players have a share approximately % in terms of revenue.
We surveyed the Ancillary Services for Power 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 Ancillary Services for Power Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Ancillary Services for Power Market Segment Percentages, by Type, 2022 (%)
Frequency Service
Non-frequency Service
Global Ancillary Services for Power Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Ancillary Services for Power Market Segment Percentages, by Application, 2022 (%)
Voltage Control and Reactive Power Support
Non-spinning Reserve
Load Following
Regulation
Others
Global Ancillary Services for Power Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Ancillary Services for Power 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 Ancillary Services for Power revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Ancillary Services for Power revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ancillary Services for Power, market overview.
Chapter 2: Global Ancillary Services for Power market size in revenue.
Chapter 3: Detailed analysis of Ancillary Services for Power 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 Ancillary Services for Power 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.
