Global Global Microgrid Market Size and Forecast To 2025

  • Product Code:
    RP-ID-10060078
  • Published Date:
    17 Jul 2021
  • Region:
    Global
  • Pages:
    110
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-12

Impact Analysis on the Growth of Market

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Global Microgrid Market Analysis
According to Verified Market Research, The Global Microgrid Market was valued at USD 19.01 billion in 2017 and is projected to reach USD 46.26 billion by 2025, growing at a CAGR of 11.26% from 2018 to 2025.

What is a Microgrid?
A microgrid can be defined as a localized group of electricity sources and loads that normally operates with the traditional wide area synchronous grid as well as disconnect to island mode and function autonomously as physical or economic conditions dictate. A grid in and of itself is able to connect to homes, businesses and other buildings to central power sources, which allow for applicances such as heating/cooling systems and electronics to be used. When this grid suffers from a problem, tis interconnectedness becomes a problem. This is when a microgrid can help. The microgrid generally operates while connected to the grid but can also operate autonomously in times of crisis such as storms or power outages.

Global Microgrid Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
There are several advantages to a microgrid such as the ability to use the system when in times of crisis, the ability to operate autonomously, as well as the ability to use both electricity as well as heat energy so that overall efficiency increases. Factors such as the difficultly of resynchronization to utility grid are restraining the microgrid market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Microgrid Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Microgrid Market Competitive Landscape
The “Global Microgrid Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Eaton, S&C Electric, Power Analytics, General Electric, ABB, Exelon Corporation, Siemens, Schneider Electric, Honeywell and Homer Energy. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.

Global Microgrid Market , By Type
• Grid Connected
• Remote/Island/Off-Grid
Global Microgrid Market , By Offering
• Hardware
• Software
• Services
Global Microgrid Market, By Vertical
• Educational Institutes
• Industrial
• Military
• Healthcare
• Government & Utilities
• Others
Global Microgrid Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Latin America
o Brazil
• Rest of the World

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:


To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
1 INTRODUCTION OF GLOBAL MICROGRID MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL MICROGRID MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL MICROGRID MARKET , BY TYPE
5.1 Overview
5.2 Grid Connected
5.3 Remote/Island/Off-Grid
6 GLOBAL MICROGRID MARKET , BY OFFERING
6.1 Overview
6.2 Hardware
6.3 Software
6.4 Services

7 GLOBAL MICROGRID MARKET, BY VERTICAL
7.1 Overview
7.2 Educational Institutes
7.3 Industrial
7.4 Military
7.5 Healthcare
7.6 Government & Utilities
7.7 Others

8 GLOBAL MICROGRID MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World

9 GLOBAL MICROGRID MARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Introduction
10.2 Eaton
10.3 S&C Electric
10.4 Power Analytics
10.5 General Electric
10.6 ABB
10.7 Exelon Corporation
10.8 Siemens
10.9 Schneider Electric
10.10 Honeywell
10.11 Homer Energy

11 Appendix
11.1 Related Reports
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