The global blockchain technology in energy market is expected to grow from USD 1.2 billion in 2018 to USD 3.5 billion by 2030, at a CAGR of 34.6% during the forecast period. The growth of this market can be attributed to the increasing adoption of blockchain technology for various applications such as electric power, petroleum, natural gas and others across the globe.
The public blockchain segment is expected to grow at a higher CAGR during the forecast period due to its open nature and transparency which makes it more secure than private blockchains. The electric power application segment is expected to dominate the global blockchain technology in energy market during the forecast period due to its high adoption rate among various industries such as oil & gas, utilities and others across different regions such as North America, Latin America, Europe and Asia Pacific & Middle East & Africa respectively.
Some Of The Growth Factors Of This Market:
- Blockchain technology is a decentralized, distributed ledger that can be used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
- The blockchain is a public ledger that records bitcoin transactions. It's like a giant online spreadsheet or database running on millions of computers simultaneously, but no one person or company owns it.
- Blockchain technology has been touted as an energy-saving solution for utilities because it could allow them to trade electricity with each other in near real time, rather than having to wait days for settlement through traditional channels such as banks and clearinghouses.
- The blockchain could also help utilities by allowing them to better manage their grids by monitoring how much power is being generated at any given moment and where it's needed most.
Industry Growth Insights published a new data on “Blockchain Technology in Energy Market”. The research report is titled “Blockchain Technology in Energy Market research by Types (Public Blockchain, Private Blockchain), By Applications (Electric Power, Petroleum, Natural Gas, Others, ), By Players/Companies IBM, Microsoft, Accenture, ConsenSys, Infosys, Drift, Electron, Btl Group Ltd., LO3 Energy Inc, Power Ledger, ”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Blockchain Technology in Energy Market Research Report
By Type
Public Blockchain, Private Blockchain
By Application
Electric Power, Petroleum, Natural Gas, Others,
By Companies
IBM, Microsoft, Accenture, ConsenSys, Infosys, Drift, Electron, Btl Group Ltd., LO3 Energy Inc, Power Ledger,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Blockchain Technology in Energy Market Report Segments:
The global Blockchain Technology in Energy market is segmented on the basis of:
Types
Public Blockchain, Private Blockchain
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Power, Petroleum, Natural Gas, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Microsoft
- Accenture
- ConsenSys
- Infosys
- Drift
- Electron
- Btl Group Ltd.
- LO3 Energy Inc
- Power Ledger
Highlights of The Blockchain Technology in Energy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Public Blockchain
- Private Blockchain
- By Application:
- Electric Power
- Petroleum
- Natural Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blockchain Technology in Energy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Blockchain technology is a distributed database that allows for secure, transparent and tamper-proof transactions. It can be used to track energy transactions in a way that is more efficient and accurate than traditional methods. This technology could help reduce the cost of energy by improving transparency and accuracy in the market.
Some of the major players in the blockchain technology in energy market are IBM, Microsoft, Accenture, ConsenSys, Infosys, Drift, Electron, Btl Group Ltd., LO3 Energy Inc, Power Ledger.
The blockchain technology in energy market is expected to register a CAGR of 34.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Blockchain Technology in Energy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Blockchain Technology in Energy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Blockchain Technology in Energy Market - Supply Chain
4.5. Global Blockchain Technology in Energy Market Forecast
4.5.1. Blockchain Technology in Energy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Blockchain Technology in Energy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Blockchain Technology in Energy Market Absolute $ Opportunity
5. Global Blockchain Technology in Energy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Blockchain Technology in Energy Market Size and Volume Forecast by Type
5.3.1. Public Blockchain
5.3.2. Private Blockchain
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Blockchain Technology in Energy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Blockchain Technology in Energy Market Size and Volume Forecast by Application
6.3.1. Electric Power
6.3.2. Petroleum
6.3.3. Natural Gas
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Blockchain Technology in Energy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Blockchain Technology in Energy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Blockchain Technology in Energy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Blockchain Technology in Energy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Blockchain Technology in Energy Demand Share Forecast, 2019-2026
9. North America Blockchain Technology in Energy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Blockchain Technology in Energy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Blockchain Technology in Energy Market Size and Volume Forecast by Application
9.4.1. Electric Power
9.4.2. Petroleum
9.4.3. Natural Gas
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Blockchain Technology in Energy Market Size and Volume Forecast by Type
9.7.1. Public Blockchain
9.7.2. Private Blockchain
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Blockchain Technology in Energy Demand Share Forecast, 2019-2026
10. Latin America Blockchain Technology in Energy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Blockchain Technology in Energy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Blockchain Technology in Energy Market Size and Volume Forecast by Application
10.4.1. Electric Power
10.4.2. Petroleum
10.4.3. Natural Gas
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Blockchain Technology in Energy Market Size and Volume Forecast by Type
10.7.1. Public Blockchain
10.7.2. Private Blockchain
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Blockchain Technology in Energy Demand Share Forecast, 2019-2026
11. Europe Blockchain Technology in Energy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Blockchain Technology in Energy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Blockchain Technology in Energy Market Size and Volume Forecast by Application
11.4.1. Electric Power
11.4.2. Petroleum
11.4.3. Natural Gas
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Blockchain Technology in Energy Market Size and Volume Forecast by Type
11.7.1. Public Blockchain
11.7.2. Private Blockchain
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Blockchain Technology in Energy Demand Share, 2019-2026
12. Asia Pacific Blockchain Technology in Energy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Blockchain Technology in Energy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Blockchain Technology in Energy Market Size and Volume Forecast by Application
12.4.1. Electric Power
12.4.2. Petroleum
12.4.3. Natural Gas
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Blockchain Technology in Energy Market Size and Volume Forecast by Type
12.7.1. Public Blockchain
12.7.2. Private Blockchain
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Blockchain Technology in Energy Demand Share, 2019-2026
13. Middle East & Africa Blockchain Technology in Energy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Blockchain Technology in Energy Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Blockchain Technology in Energy Market Size and Volume Forecast by Application
13.4.1. Electric Power
13.4.2. Petroleum
13.4.3. Natural Gas
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Blockchain Technology in Energy Market Size and Volume Forecast by Type
13.7.1. Public Blockchain
13.7.2. Private Blockchain
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Blockchain Technology in Energy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Blockchain Technology in Energy Market: Market Share Analysis
14.2. Blockchain Technology in Energy Distributors and Customers
14.3. Blockchain Technology in Energy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Microsoft
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Accenture
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ConsenSys
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Infosys
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Drift
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Electron
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Btl Group Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LO3 Energy Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Power Ledger
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
