Microgrid Market To Surpass USD 50,000 Million By 2027 At A CAGR Of 11%

March 8, 2023 admin 0 Comments Microgrid Market, Microgrid Market Growth, Microgrid Market Share, Microgrid Market Size, Microgrid Market Trends

The report analyzes and forecasts the Microgrid Market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2022 to 2030. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global Microgrid Market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the Microgrid Market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of Microgrid Market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

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In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

Market Players as below:

With various small and large manufacturers operating in terms of costs and efficiency, the global microgrid market is competitive by nature. Major players included in this report Exelon, EnSync, Eaton, Viridity Energy, Homer Energy LLC, Siemens, Lockheed Martin, Schneider, ABB, Caterpillar, Honeywell, Advanced Microgrid Storage and others.

The major market segments of Microgrid Market are as below:

Microgrid Market By Connectivity

Grid Connected
Off-Grid/Island/Remote

Microgrid Market By Offering

Hardware

Power Generators
Energy Storage & Distributors
Controllers

Software & Services

Microgrid Market By Grid Type

AC microgrid
DC microgrid
Hybrid microgrid

Microgrid Market By Pattern

Urban
Semi-Urban
Remote

Microgrid Market By End-Use

Commercial & Industrial
Remote
Government
Utilities
Institutes & Campuses
Military
Healthcare

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Table Of Contents:

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Microgrid
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Microgrid Market By Connectivity
1.2.2.1. Global Microgrid Market Revenue and Growth Rate Comparison By Connectivity (2016-2027)
1.2.2.2. Global Microgrid Market Revenue Share By Connectivity in 2019
1.2.2.3. Grid Connected
1.2.2.4. Off-Grid/Island/Remote
1.2.3. Microgrid Market By Offering
1.2.3.1. Global Microgrid Market Revenue and Growth Rate Comparison By Offering (2016-2027)
1.2.3.2. Global Microgrid Market Revenue Share By Offering in 2019
1.2.3.3. Hardware
1.2.3.3.1. Power Generators
1.2.3.3.2. Energy Storage & Distributors
1.2.3.3.3. Controllers
1.2.3.4. Software & Services
1.2.4. Microgrid Market By Grid Type
1.2.4.1. Global Microgrid Market Revenue and Growth Rate Comparison By Grid Type (2016-2027)
1.2.4.2. Global Microgrid Market Revenue Share By Grid Type in 2019
1.2.4.3. AC microgrid
1.2.4.4. DC microgrid
1.2.4.5. Hybrid microgrid
1.2.5. Microgrid Market By Pattern
1.2.5.1. Global Microgrid Market Revenue and Growth Rate Comparison By Pattern (2016-2027)
1.2.5.2. Global Microgrid Market Revenue Share By Pattern in 2019
1.2.5.3. Urban
1.2.5.4. Semi-Urban
1.2.5.5. Remote
1.2.6. Microgrid Market By End-Use
1.2.6.1. Global Microgrid Market Revenue and Growth Rate Comparison By End-Use (2016-2027)
1.2.6.2. Commercial & Industrial
1.2.6.3. Remote
1.2.6.4. Government
1.2.6.5. Utilities
1.2.6.6. Institutes & Campuses
1.2.6.7. Military
1.2.6.8. Healthcare
1.2.7. Microgrid Market By Geography
1.2.7.1. Global Microgrid Market Revenue and Growth Rate Comparison by Geography (2016-2027)
1.2.7.2. North America Microgrid Market Revenue and Growth Rate(2016-2027)
1.2.7.3. Europe Microgrid Market Revenue and Growth Rate(2016-2027)
1.2.7.4. Asia-Pacific Microgrid Market Revenue and Growth Rate(2016-2027)
1.2.7.5. Latin America Microgrid Market Revenue and Growth Rate(2016-2027)
1.2.7.6. Middle East and Africa (MEA)Microgrid Market Revenue and Growth Rate(2016-2027)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Microgrid Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Microgrid Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Microgrid Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Microgrid Major Manufacturers in 2019

CHAPTER 4. MICROGRID MARKET BY CONNECTIVITY
4.1. Global Microgrid Revenue By Connectivity
4.2. Grid Connected
4.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
4.3. Off-Grid/Island/Remote
4.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)

CHAPTER 5. MICROGRID MARKET BY OFFERING
5.1. Global Microgrid Revenue By Offering
5.2. Hardware
5.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
5.2.3. Power Generators
5.2.4. Energy Storage & Distributors
5.2.5. Controllers
5.3. Software & Services
5.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)

CHAPTER 6. MICROGRID MARKET BY GRID TYPE
6.1. Global Microgrid Revenue By Grid Type
6.2. AC microgrid
6.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
6.3. DC microgrid
6.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
6.4. Hybrid microgrid
6.4.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)

CHAPTER 7. MICROGRID MARKET BY PATTERN
7.1. Global Microgrid Revenue By Pattern
7.2. Urban
7.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
7.3. Semi-Urban
7.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
7.4. Remote
7.4.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)

CHAPTER 8. MICROGRID MARKET BY END-USE
8.1. Global Microgrid Revenue By End-Use
8.2. Commercial & Industrial
8.2.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.2.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.3. Remote
8.3.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.3.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.4. Government
8.4.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.4.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.5. Utilities
8.5.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.5.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.6. Institutes & Campuses
8.6.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.6.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.7. Military
8.7.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.7.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)
8.8. Healthcare
8.8.1. Market Revenue and Growth Rate, 2016 – 2027 ($Million)
8.8.2. Market Revenue and Forecast, By Region, 2016 – 2027 ($Million)

CHAPTER 9. NORTH AMERICA MICROGRID MARKET BY COUNTRY
9.1. North America Microgrid Market Revenue and Growth Rate, 2016 – 2027 ($Million)
9.2. North America Microgrid Market Revenue Share Comparison, 2016 & 2027 (%)
9.3. U.S.
9.3.1. U.S. Microgrid Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
9.3.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
9.3.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
9.3.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
9.3.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
9.4. Canada
9.4.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
9.4.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
9.4.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
9.4.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
9.4.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)

CHAPTER 10. EUROPE MICROGRID MARKET BY COUNTRY
10.1. Europe Microgrid Market Revenue and Growth Rate, 2016 – 2027 ($Million)
10.2. Europe Microgrid Market Revenue Share Comparison, 2016 & 2027 (%)
10.3. UK
10.3.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
10.3.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
10.3.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
10.3.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
10.3.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
10.4. Germany
10.4.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
10.4.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
10.4.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
10.4.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
10.4.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
10.5. France
10.5.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
10.5.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
10.5.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
10.5.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
10.5.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
10.6. Spain
10.6.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
10.6.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
10.6.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
10.6.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
10.6.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
10.7. Rest of Europe
10.7.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
10.7.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
10.7.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
10.7.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
10.7.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)

CHAPTER 11. ASIA-PACIFIC MICROGRID MARKET BY COUNTRY
11.1. Asia-Pacific Microgrid Market Revenue and Growth Rate, 2016 – 2027 ($Million)
11.2. Asia-Pacific Microgrid Market Revenue Share Comparison, 2016 & 2027 (%)
11.3. China
11.3.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
11.3.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
11.3.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
11.3.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
11.3.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
11.4. Japan
11.4.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
11.4.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
11.4.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
11.4.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
11.4.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
11.5. India
11.5.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
11.5.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
11.5.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
11.5.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
11.5.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
11.6. Australia
11.6.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
11.6.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
11.6.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
11.6.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
11.6.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
11.7. South Korea
11.7.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
11.7.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
11.7.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
11.7.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
11.7.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
11.8. Rest of Asia-Pacific
11.8.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
11.8.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
11.8.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
11.8.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
11.8.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)

CHAPTER 12. LATIN AMERICA MICROGRID MARKET BY COUNTRY
12.1. Latin America Microgrid Market Revenue and Growth Rate, 2016 – 2027 ($Million)
12.2. Latin America Microgrid Market Revenue Share Comparison, 2016 & 2027 (%)
12.3. Brazil
12.3.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
12.3.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
12.3.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
12.3.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
12.3.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
12.4. Mexico
12.4.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
12.4.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
12.4.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
12.4.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
12.4.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
12.5. Rest of Latin America
12.5.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
12.5.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
12.5.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
12.5.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
12.5.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)

CHAPTER 13. MIDDLE EAST & AFRICA MICROGRID MARKET BY COUNTRY
13.1. Middle East & Africa Microgrid Market Revenue and Growth Rate, 2016 – 2027 ($Million)
13.2. Middle East & Africa Microgrid Market Revenue Share Comparison, 2016 & 2027 (%)
13.3. GCC
13.3.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
13.3.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
13.3.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
13.3.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
13.3.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
13.4. South Africa
13.4.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
13.4.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
13.4.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
13.4.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
13.4.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)
13.5. Rest of Middle East & Africa
13.5.1. Market Revenue and Forecast By Connectivity, 2016 – 2027 ($Million)
13.5.2. Market Revenue and Forecast By Offering, 2016 – 2027 ($Million)
13.5.3. Market Revenue and Forecast By Grid Type, 2016 – 2027 ($Million)
13.5.4. Market Revenue and Forecast By Pattern, 2016 – 2027 ($Million)
13.5.5. Market Revenue and Forecast By End-Use, 2016 – 2027 ($Million)

CHAPTER 14. COMPANY PROFILE
14.1. Exelon
14.1.1. Company Snapshot
14.1.2. Overview
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. Key Developments
14.1.6. Strategies
14.2. EnSync
14.2.1. Company Snapshot
14.2.2. Overview
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. Key Developments
14.2.6. Strategies
14.3. Eaton
14.3.1. Company Snapshot
14.3.2. Overview
14.3.3. Financial Overview
14.3.4. Product Portfolio
14.3.5. Key Developments
14.3.6. Strategies
14.4. Viridity Energy
14.4.1. Company Snapshot
14.4.2. Overview
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. Key Developments
14.4.6. Strategies
14.5. Homer Energy LLC
14.5.1. Company Snapshot
14.5.2. Overview
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. Key Developments
14.5.6. Strategies
14.6. Siemens
14.6.1. Company Snapshot
14.6.2. Overview
14.6.3. Financial Overview
14.6.4. Product Portfolio
14.6.5. Key Developments
14.6.6. Strategies
14.7. Lockheed Martin
14.7.1. Company Snapshot
14.7.2. Overview
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. Key Developments
14.7.6. Strategies
14.8. Schneider
14.8.1. Company Snapshot
14.8.2. Overview
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. Key Developments
14.8.6. Strategies
14.9. ABB
14.9.1. Company Snapshot
14.9.2. Overview
14.9.3. Financial Overview
14.9.4. Product Portfolio
14.9.5. Key Developments
14.9.6. Strategies
14.10. Caterpillar
14.10.1. Company Snapshot
14.10.2. Overview
14.10.3. Financial Overview
14.10.4. Product Portfolio
14.10.5. Key Developments
14.10.6. Strategies
14.11. Others
14.11.1. Company Snapshot
14.11.2. Overview
14.11.3. Financial Overview
14.11.4. Product Portfolio
14.11.5. Key Developments
14.11.6. Strategies

CHAPTER 15. RESEARCH APPROACH
15.1. Research Methodology
15.1.1. Initial Data Search
15.1.2. Secondary Research
15.1.3. Primary Research
15.2. Assumptions and Scope

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