Dublin, June 17, 2024 (GLOBE NEWSWIRE) -- The "Global Electricity Trading Customized Market Outlook 2024-2037" report has been added to ResearchAndMarkets.com's offering.
The market is estimated to garner a revenue of nearly USD 212 Billion by the end of 2037, up from a revenue of about USD 81.88 Billion in the year 2024. The global electricity trading market is anticipated to grow with a CAGR of 7.77% over the forecast period, i.e., 2024 - 2037.
Factors such as the surge in demand in the residential sector, followed by the rising number of smart city projects are projected to drive the growth of the market in the coming years. Additionally, the rising integration of government policies and initiatives is also expected to boost market growth.
The global electricity trading market is segmented into numerous segments, which include segmentation by type, application, and by region. By type, the market is segmented into residential, industrial, and commercial. By the end of 2037, the industrial segment is anticipated to garner the largest revenue of around USD 89.07 billion, up from a revenue of close to USD 36.81 billion in the year 2024.
On the basis of region, the global electricity trading market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The market in Asia Pacific, amongst the markets in all the other regions, is anticipated to garner the largest revenue of more than USD 116 Billion by the end of 2037. Moreover, in the year 2024, the market in the region generated a revenue of over USD 39.63 billion.
Global Electricity Trading Market Outlook: Year-on-Year (Y-o-Y) Growth Trend Analysis Global Electricity Trading Market Segmentation Analysis (2024-2037)
Type
- Spot Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
- Day-ahead, Market Value (USD Million), and CAGR & Y-oY Growth Trend, 2024-2037F
- Intraday, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
- Future Contracts, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
- Forward, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
- Options, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
Application
- Residential, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
- Commercial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
- Industrial, Market Value (USD Million), and CAGR & Y-o-Y Growth Trend, 2024-2037F
Business Profile of Key Enterprises
- BP p.l.c.
- Detailed Overview
- Assessment of key offerings
- Analysis of growth strategies
- Exhaustive analysis of key financial indicators
- Recent developments and strategies
- VECO Power Trading, LLC
- ENERGY TRADING COMPANY, s.r.o.
- Fortum
- Intercontinental Exchange, Inc.
- Japan Electric Power Exchange
- Tata Power Trading Company Limited
- Vattenfall AB
- Next Kraftwerke
- NTPC
- Equinor ASA
- POWER EXCHANGE INDIA LIMITED
For more information about this report visit https://www.researchandmarkets.com/r/b2cioj
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