Global Blockchain in Energy Market to Reach USD 148.30 Billion by 2032

March 2025 | 285 pages | ID: GB7AB511B6DDEN
Bizwit Research & Consulting LLP

Abstracts

The Global Blockchain in Energy Market was valued at approximately USD 1.18 billion in 2023 and is projected to expand at an extraordinary CAGR of 71.10% over the forecast period from 2024 to 2032. Blockchain technology is revolutionizing the energy sector, offering enhanced transparency, security, and efficiency in transactions. The decentralized nature of blockchain enables peer-to-peer energy trading, efficient grid management, and automated compliance with energy regulations, eliminating the need for intermediaries and reducing costs. The growing push towards renewable energy, combined with the rising need for decentralized power distribution, is accelerating blockchain adoption across the energy industry. Companies are increasingly integrating blockchain-powered smart contracts to streamline energy trading and optimize demand response, thereby enhancing grid resilience.

The increasing adoption of renewable energy sources, alongside the surging demand for digital transformation in energy distribution, is a crucial factor driving the blockchain in the energy market. Governments and enterprises are actively exploring blockchain applications to improve transparency in carbon credit trading and enhance the traceability of renewable energy certificates (RECs). For instance, major industry players are investing heavily in blockchain-based platforms to develop decentralized energy marketplaces, enabling consumers and businesses to trade surplus energy efficiently. Additionally, regulatory support for energy decentralization and blockchain-backed grid optimization is fostering market expansion. However, scalability concerns, regulatory uncertainties, and integration challenges with legacy energy infrastructure pose significant hurdles to widespread adoption.

From a regional perspective, North America dominates the blockchain in the energy market, attributed to strong government initiatives, robust digital infrastructure, and the presence of key blockchain technology firms. The United States, in particular, is witnessing extensive deployment of blockchain solutions in energy trading and supply chain management. Europe is also experiencing significant growth, with countries such as Germany and the UK leveraging blockchain to advance their transition towards renewable energy. Meanwhile, the Asia-Pacific region is anticipated to emerge as the fastest-growing market, driven by increasing investments in smart grid technologies, growing energy demand, and proactive government policies supporting decentralized energy trading. Latin America and the Middle East & Africa are gradually embracing blockchain applications in energy management, with several pilot projects underway.

Major Market Players Included in This Report:

• IBM Corporation
• Microsoft Corporation
• Siemens AG
• Accenture PLC
• Shell Global
• Power Ledger
• LO3 Energy
• Electron (Chaddenwych Services Limited)
• WePower UAB
• Grid+
• Energi Mine
• SunContract
• Infosys Limited
• SAP SE
• Oracle Corporation

The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Type:

• Private
• Public

By Component:

• Platform
• Services

By Application:

• Peer-to-Peer Energy Trading
• Grid Management
• Supply Chain Transparency
• Renewable Energy Trading
• Energy Security & Fraud Prevention
• Others

By End-Use:

• Power & Utilities
• Oil & Gas
• Renewable Energy Companies
• Others

By Region:

North America:

• U.S.
• Canada

Europe:

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific:

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America:

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:

• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years Considered for the Study:

• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032

Key Takeaways:

• Market estimates & forecasts for 10 years (2022-2032)
• Annualized revenue projections and regional-level analysis for each market segment
• In-depth examination of the geographical landscape with country-level insights into major regions
• Competitive landscape assessment with intelligence on key market players and their strategies
• Analysis of industry drivers, restraints, opportunities, and challenges affecting market growth
• Demand-side and supply-side analysis of the blockchain in energy ecosystem

Contents

CHAPTER 1. GLOBAL BLOCKCHAIN IN ENERGY MARKET EXECUTIVE SUMMARY

1.1. Global Blockchain in Energy Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Type
  1.3.2. By Component
  1.3.3. By Application
  1.3.4. By End-Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL BLOCKCHAIN IN ENERGY MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory Frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL BLOCKCHAIN IN ENERGY MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Rising Demand for Renewable Energy Integration
  3.1.2. Technological Advancements in Blockchain and IoT
  3.1.3. Increasing Need for Transparent Energy Transactions
3.2. Market Challenges
  3.2.1. Scalability and Integration Issues
  3.2.2. Regulatory Uncertainties and Compliance Concerns
  3.2.3. High Implementation and Operational Costs
3.3. Market Opportunities
  3.3.1. Expansion of Decentralized Energy Markets
  3.3.2. Emerging Business Models in Energy Trading
  3.3.3. Growing Investments in Blockchain Infrastructure

CHAPTER 4. GLOBAL BLOCKCHAIN IN ENERGY MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL BLOCKCHAIN IN ENERGY MARKET SIZE & FORECASTS BY TYPE 2022-2032

5.1. Segment Dashboard
5.2. Global Blockchain in Energy Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  5.2.1. Private
  5.2.2. Public

CHAPTER 6. GLOBAL BLOCKCHAIN IN ENERGY MARKET SIZE & FORECASTS BY COMPONENT 2022-2032

6.1. Segment Dashboard
6.2. Global Blockchain in Energy Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  6.2.1. Platform
  6.2.2. Services

CHAPTER 7. GLOBAL BLOCKCHAIN IN ENERGY MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

7.1. Segment Dashboard
7.2. Global Blockchain in Energy Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  7.2.1. Peer-to-Peer Energy Trading
  7.2.2. Grid Management
  7.2.3. Supply Chain Transparency
  7.2.4. Renewable Energy Trading
  7.2.5. Energy Security & Fraud Prevention
  7.2.6. Others

CHAPTER 8. GLOBAL BLOCKCHAIN IN ENERGY MARKET SIZE & FORECASTS BY END-USE 2022-2032

8.1. Segment Dashboard
8.2. Global Blockchain in Energy Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
  8.2.1. Power & Utilities
  8.2.2. Oil & Gas
  8.2.3. Renewable Energy Companies
  8.2.4. Others

CHAPTER 9. GLOBAL BLOCKCHAIN IN ENERGY MARKET SIZE & FORECASTS BY REGION 2022-2032

9.1. North America Blockchain in Energy Market
  9.1.1. U.S. Blockchain in Energy Market
    9.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
    9.1.1.2. End-Use Breakdown Size & Forecasts, 2022-2032
  9.1.2. Canada Blockchain in Energy Market
9.2. Europe Blockchain in Energy Market
  9.2.1. UK Blockchain in Energy Market
  9.2.2. Germany Blockchain in Energy Market
  9.2.3. France Blockchain in Energy Market
  9.2.4. Spain Blockchain in Energy Market
  9.2.5. Italy Blockchain in Energy Market
  9.2.6. Rest of Europe Blockchain in Energy Market
9.3. Asia-Pacific Blockchain in Energy Market
  9.3.1. China Blockchain in Energy Market
  9.3.2. India Blockchain in Energy Market
  9.3.3. Japan Blockchain in Energy Market
  9.3.4. Australia Blockchain in Energy Market
  9.3.5. South Korea Blockchain in Energy Market
  9.3.6. Rest of Asia-Pacific Blockchain in Energy Market
9.4. Latin America Blockchain in Energy Market
  9.4.1. Brazil Blockchain in Energy Market
  9.4.2. Mexico Blockchain in Energy Market
  9.4.3. Rest of Latin America Blockchain in Energy Market
9.5. Middle East & Africa Blockchain in Energy Market
  9.5.1. Saudi Arabia Blockchain in Energy Market
  9.5.2. South Africa Blockchain in Energy Market
  9.5.3. Rest of Middle East & Africa Blockchain in Energy Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. IBM Corporation
  10.1.2. Microsoft Corporation
  10.1.3. Siemens AG
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. IBM Corporation
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. Accenture PLC
  10.3.3. Shell Global
  10.3.4. Power Ledger
  10.3.5. LO3 Energy
  10.3.6. Electron (Chaddenwych Services Limited)
  10.3.7. WePower UAB
  10.3.8. Grid+
  10.3.9. Energi Mine
  10.3.10. SunContract
  10.3.11. Infosys Limited
  10.3.12. SAP SE
  10.3.13. Oracle Corporation

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes