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Blockchain in Energy Market Size, Share, Trends, Growth Outlook

Blockchain in Energy Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Application (Smart Contracts, Supply Chain Management, Exchanges, Payments, Governance, Risk, and Compliance Management, Documentation, Digital Identity, Others), Organization Size (Small and Medium Sized, Large Size), Technology (Private, Public, Hybrid), Provider (Application Provider, Infrastructure Provider, Middleware Provider), Countries and Companies Report

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  • |Published Month : February, 2024
  • |No. of Pages : 209

The global Blockchain in Energy Market Size is estimated to increase at a CAGR of 39.2% during the forecast period from 2024 to 2030.

 

The Blockchain in Energy Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Application (Smart Contracts, Supply Chain Management, Exchanges, Payments, Governance, Risk, and Compliance Management, Documentation, Digital Identity, Others), Organization Size (Small and Medium Sized, Large Size), Technology (Private, Public, Hybrid), Provider (Application Provider, Infrastructure Provider, Middleware Provider).



An Introduction to Blockchain in Energy Markets in 2024

Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Blockchain in Energy industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Blockchain in Energy companies. The Blockchain in Energy demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Blockchain in Energy industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.

 

Blockchain in Energy Market Trends:

In the blockchain in energy market, there's a trend towards leveraging blockchain technology for secure and transparent transactions within the energy sector. Innovations in blockchain-based energy trading platforms, smart contracts for peer-to-peer energy exchange, and decentralized energy marketplaces are prevalent trends. Additionally, the adoption of blockchain for renewable energy certificates (RECs), grid management, and demand response initiatives is gaining traction. Moreover, advancements in interoperability standards and regulatory compliance for blockchain applications in energy are shaping the market.

 

Blockchain in Energy Market Drivers:

Key drivers stimulating the blockchain in energy market include the need for transparent and efficient energy transactions, the growth of distributed energy resources, and the integration of renewable energy into existing grids. Blockchain technology offers advantages such as data immutability, enhanced transparency, and streamlined transactions, driving its adoption in the energy sector. Moreover, the push for grid modernization and the focus on customer empowerment in energy choices contribute significantly to market growth.

 

Blockchain in Energy Market Opportunities:

Opportunities in the blockchain in energy market lie in scaling up blockchain applications and fostering collaborations for innovative energy solutions. Collaboration among energy utilities, technology providers, regulators, and blockchain developers offers significant growth prospects. Moreover, investing in research and development for scalable blockchain platforms, interoperable energy systems, and regulatory frameworks can unlock new avenues for market expansion. Exploring emerging markets with evolving energy policies and promoting the benefits of blockchain for transparent and efficient energy transactions can further drive market growth and facilitate the transformation of energy systems towards more decentralized and secure models.

 

Blockchain in Energy Market Segmentation

Blockchain in Energy leverages blockchain technology to transform the energy sector by facilitating transparent and secure peer-to-peer energy trading, enabling traceability of renewable energy sources, optimizing supply chains, and enhancing grid management and energy transactions.

Application
• Smart Contracts
• Supply Chain Management
• Exchanges
• Payments
• Governance, Risk, and Compliance Management
• Documentation
• Digital Identity
• Others

Organization Size
• Small and Medium Sized
• Large Size

Technology
• Private Blockchain
• Public Blockchain
• Hybrid Blockchain

Provider
• Application Provider
• Infrastructure Provider
• Middleware Provider

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Blockchain in Energy Market Companies

• Accenture plc
• BTL Group Ltd
• Chaddenwych Services Limited
• Conjoule GmbH
• Deloitte Touche Tohmatsu Limited
• GridPlus, Inc.
• IBM Corporation
• LO3 Energy Inc
• Power Ledger Pty Ltd
• SAP SE
• The Sun Exchange (Pty) Ltd
• WePower UAB



Reasons to Buy the Blockchain in Energy Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Blockchain in Energy market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Blockchain in Energy industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 INTRODUCTION TO 2024 Blockchain in Energy MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 EXECUTIVE SUMMARY
3.1 Global Blockchain in Energy Market Size Outlook, $ Million, 2021 to 2030
3.2 Blockchain in Energy Market Outlook by Type, $ Million, 2021 to 2030
3.3 Blockchain in Energy Market Outlook by Product, $ Million, 2021 to 2030
3.4 Blockchain in Energy Market Outlook by Application, $ Million, 2021 to 2030
3.5 Blockchain in Energy Market Outlook by Key Countries, $ Million, 2021 to 2030

4 MARKET DYNAMICS
4.1 Key Driving Forces of Blockchain in Energy Industry
4.2 Key Market Trends in Blockchain in Energy Industry
4.3 Potential Opportunities in Blockchain in Energy Industry
4.4 Key Challenges in Blockchain in Energy Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Blockchain in Energy Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 GLOBAL Blockchain in Energy MARKET OUTLOOK BY SEGMENTS
7.1 Blockchain in Energy Market Outlook by Segments
Application
- Smart Contracts
- Supply Chain Management
- Exchanges
- Payments
- Governance, Risk, and Compliance Management
- Documentation
- Digital Identity
- Others

Organization Size
- Small and Medium Sized
- Large Size

Technology
- Private Blockchain
- Public Blockchain
- Hybrid Blockchain

Provider
- Application Provider
- Infrastructure Provider
- Middleware Provider


8 NORTH AMERICA Blockchain in Energy MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Blockchain in Energy Markets in 2024
8.2 North America Blockchain in Energy Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Blockchain in Energy Market size Outlook by Segments, 2021-2030
Application
- Smart Contracts
- Supply Chain Management
- Exchanges
- Payments
- Governance, Risk, and Compliance Management
- Documentation
- Digital Identity
- Others

Organization Size
- Small and Medium Sized
- Large Size

Technology
- Private Blockchain
- Public Blockchain
- Hybrid Blockchain

Provider
- Application Provider
- Infrastructure Provider
- Middleware Provider


9 EUROPE Blockchain in Energy MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Blockchain in Energy Markets in 2024
9.2 Europe Blockchain in Energy Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Blockchain in Energy Market size Outlook by Segments, 2021-2030
Application
- Smart Contracts
- Supply Chain Management
- Exchanges
- Payments
- Governance, Risk, and Compliance Management
- Documentation
- Digital Identity
- Others

Organization Size
- Small and Medium Sized
- Large Size

Technology
- Private Blockchain
- Public Blockchain
- Hybrid Blockchain

Provider
- Application Provider
- Infrastructure Provider
- Middleware Provider


10 ASIA PACIFIC Blockchain in Energy MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Blockchain in Energy Markets in 2024
10.2 Asia Pacific Blockchain in Energy Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Blockchain in Energy Market size Outlook by Segments, 2021-2030
Application
- Smart Contracts
- Supply Chain Management
- Exchanges
- Payments
- Governance, Risk, and Compliance Management
- Documentation
- Digital Identity
- Others

Organization Size
- Small and Medium Sized
- Large Size

Technology
- Private Blockchain
- Public Blockchain
- Hybrid Blockchain

Provider
- Application Provider
- Infrastructure Provider
- Middleware Provider


11 SOUTH AMERICA Blockchain in Energy MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Blockchain in Energy Markets in 2024
11.2 South America Blockchain in Energy Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Blockchain in Energy Market size Outlook by Segments, 2021-2030
Application
- Smart Contracts
- Supply Chain Management
- Exchanges
- Payments
- Governance, Risk, and Compliance Management
- Documentation
- Digital Identity
- Others

Organization Size
- Small and Medium Sized
- Large Size

Technology
- Private Blockchain
- Public Blockchain
- Hybrid Blockchain

Provider
- Application Provider
- Infrastructure Provider
- Middleware Provider


12 MIDDLE EAST AND AFRICA Blockchain in Energy MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Blockchain in Energy Markets in 2024
12.2 Middle East and Africa Blockchain in Energy Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Blockchain in Energy Market size Outlook by Segments, 2021-2030
Application
- Smart Contracts
- Supply Chain Management
- Exchanges
- Payments
- Governance, Risk, and Compliance Management
- Documentation
- Digital Identity
- Others

Organization Size
- Small and Medium Sized
- Large Size

Technology
- Private Blockchain
- Public Blockchain
- Hybrid Blockchain

Provider
- Application Provider
- Infrastructure Provider
- Middleware Provider


13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- Accenture plc
- BTL Group Ltd
- Chaddenwych Services Limited
- Conjoule GmbH
- Deloitte Touche Tohmatsu Limited
- GridPlus, Inc.
- IBM Corporation
- LO3 Energy Inc
- Power Ledger Pty Ltd
- SAP SE
- The Sun Exchange (Pty) Ltd
- WePower UAB


14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Blockchain in Energy Market Segmentation

Blockchain in Energy leverages blockchain technology to transform the energy sector by facilitating transparent and secure peer-to-peer energy trading, enabling traceability of renewable energy sources, optimizing supply chains, and enhancing grid management and energy transactions.

Application
• Smart Contracts
• Supply Chain Management
• Exchanges
• Payments
• Governance, Risk, and Compliance Management
• Documentation
• Digital Identity
• Others

Organization Size
• Small and Medium Sized
• Large Size

Technology
• Private Blockchain
• Public Blockchain
• Hybrid Blockchain

Provider
• Application Provider
• Infrastructure Provider
• Middleware Provider

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Frequently Asked Questions