Energy Trading and Risk Management (ETRM) Market
Energy Trading and Risk Management (ETRM) Market Size, Share & Trends Analysis Report by Type (Software, Solutions, and Service), and by Application (Power, Natural Gas, Oil and Products, Others) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
ETRM market is expected to witness substantial growth, with a projected CAGR of 5.6% during the forecast period. The market is driven by factors such as increasing demand for efficient energy trading and the need for effective risk management. Also, the growing adoption of ETRM software to manage energy demand and supply among companies is anticipated to propel the growth of the market. For instance, in July 2019, global independent power producer InterGen announced the successful implementation of its new Energy Trading and Risk Management (ETRM) system, which provides the company with enhanced trading, monitoring, and reporting capabilities. The ETRM provides a full front-to-back office solution to allow the valuation and optimisation of the InterGen portfolio while providing additional controls, regulatory reporting, and an improved user experience.
Segmental Outlook
The global ETRM market is segmented based on type, including software and solutions, and service. The market is further categorised based on applications, such as power, natural gas, oil, products, and others. Among types of segments, the software segment is anticipated to hold a prominent market share due to its crucial role in managing energy trading operations and risk assessment. Among application segments, the power sub-segment is anticipated to hold a prominent market share.
The Application Segment is Projected to Experience Substantial Growth of the Global Energy Trading and Risk Management market
Among application segments, the power sub-segment is anticipated to hold a prominent market share. The growth of the the sub-segment is led by the growing demand of energy across the regions, that has created significant demand for tools and softwares to manage demand, supply and stock of elctricity. With ETRM, companies can keep track of their electricity inventory, where it comes from, and how much it costs. They can also predict future electricity prices. This helps them make smart decisions about buying and selling electricity, so they can provide reliable power while also making a profit.
Regional Outlook
The energy trading and risk management market is analysed based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East and Africa, and Latin America). The market can be analysed for a particular region or country level as per the requirement. Among regions, the Asia-Pacific region is projected to experience prominent growth, driven by the increasing demand for energy and the adoption of advanced technologies in the energy sector.
Global Energy Trading and Risk Management (ETRM) Market Growth, by Region 2023-2030
North America is Anticipated to Hold a Significant Share in the Global Energy Trading and Risk Management (ETRM) Market
North America is set to dominate the global energy trading and risk management (ETRM) market. The growth of the market is attributed to a robust energy market, stringent regulations, and technological advancements. Also, the growth in the region is driven by the rising number of start-ups and the growing funding of such start-ups and companies working to provide new and innovative solutions in the energy trading and risk management (ETRM) market. For instance, in May 2021, Molecule, a startup software company based in Texas, closed a $12 million Series A startup funding round. The software provides solutions for energy trading and risk management for business customers in the power, natural gas, chemicals, cryptocurrency, and other business segments. However, the company is mainly focused on customers in the electricity and related energy business segments, such as natural gas.
Market Players Outlook
The major companies serving the global energy trading and risk management (ETRM) market include Allegro Development Corp., Amphora Inc., Triple Point Technology Inc., Openlink LLC., Eka Software Solutions, SAP, Accenture, Sapient, Ventyx, and others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2022, Valsoft Corp. Inc. ("Valsoft"), a Canadian-based company acquired Inatech, a rapidly expanding energy trading and risk management solutions company, previously owned by Glencore. Through this acquisition, Valsoft will be leveraging Inatech's market positioning, product strength, and expertise to build an energy software portfolio to deliver the best mission-critical solutions to companies in the fast-changing and disruptive energy market.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global energy trading and risk management (ETRM) market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Abb Management Services Ltd.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Allegro Development Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Amphora Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Energy Trading and Risk Management (ETRM) Market by Type
4.1.1. Software
4.1.2. Solutions
4.1.3. Service
4.2. Global Energy Trading and Risk Management (ETRM) Market by Application
4.2.1. Power
4.2.2. Natural Gas
4.2.3. Oil
4.2.4. Products
4.2.5. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Accenture PLC
6.2. Deloitte Touche Tohmatsu Ltd.
6.3. Eka Software Pvt Ltd.
6.4. FIS Global
6.5. Ignite Ctrm, LLC
6.6. Ion Group
6.7. Momentum3, LLC
6.8. Molecule Software, Inc.
6.9. Openlink Financial LLC
6.10. Publicis Sapient
6.11. Tigernix Pte Ltd.
6.12. Trayport Ltd.
6.13. Triple Point Technology Inc.
6.14. Ventyx Biosciences, Inc.
1. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
2. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
6. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN POWER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN NATURAL GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN OIL AND PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN OTHERSU UYYYUJ JJJ MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. NORTH AMERICAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
12. NORTH AMERICAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
13. NORTH AMERICAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
14. EUROPEAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
15. EUROPEAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
16. EUROPEAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
17. ASIA-PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. ASIA-PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
19. ASIA-PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
20. REST OF THE WORLD ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. REST OF THE WORLD ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY TYPE, 2022-2030 ($ MILLION)
22. REST OF THE WORLD ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SHARE BY TYPE, 2022 VS 2030 (%)
2. GLOBAL SOFTWARE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL SOLUTIONS ENERGY TRADING AND RISK MANAGEMENT (ETRM) NON-STRUCTURAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL SERVICES ENERGY TRADING AND RISK MANAGEMENT (ETRM) NON-STRUCTURAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
6. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN POWER MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN NATURAL GAS MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN OIL AND PRODUCT MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) IN OTHERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. US ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
12. CANADA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
13. UK ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
14. FRANCE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
15. GERMANY ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
16. ITALY ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
17. SPAIN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
18. REST OF EUROPE ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
19. INDIA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
20. CHINA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
21. JAPAN ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
22. SOUTH KOREA ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
23. REST OF ASIA-PACIFIC ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF THE WORLD ENERGY TRADING AND RISK MANAGEMENT (ETRM) MARKET SIZE, 2022-2030 ($ MILLION)
