Microgrid Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global microgrid market is expected to grow at a CAGR of around 10.0% during 2023-2030. This report on global microgrid market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global microgrid market by segmenting the market based on energy source, application, and region. Also, detailed profiles of companies operating in the microgrid market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Energy Source
Market Drivers
- Growing Demand for Off Grid Electricity
- Government Program Toward Electrification
- High Installation Cost
Base Year: 2022
Historical Period: 2018-2022
Forecast Period: 2023-2030
Market by Energy Source
- Natural Gas
- Combined Heat and Power
- Solar Photovoltaic (PV)
- Diesel
- Fuel Cell
- Others
- Remote Systems
- Institution and Campus
- Utility/Community
- Defence
- Others
- Europe
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
1. PREFACE
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL MICROGRID MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL MICROGRID MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL MICROGRID MARKET BY ENERGY SOURCE
5.1. Introduction
5.2. Natural Gas
5.3. Combined Heat and Power
5.4. Solar Photovoltaic (PV)
5.5. Diesel
5.6. Fuel Cell
5.7. Others
6. GLOBAL MICROGRID MARKET BY APPLICATION
6.1 Introduction
6.2 Remote Systems
6.3 Institution and Campus
6.4 Utility/Community
6.5 Defence
6.6 Others
7. GLOBAL MICROGRID MARKET BY REGION
7.1 Introduction
7.2 Europe
7.3 North America
7.4 Asia Pacific
7.5 Latin America
7.6 Middle East & Africa
8. SWOT ANALYSIS
9. PORTER’S FIVE FORCES
10. MARKET VALUE CHAIN ANALYSIS
11. COMPETITIVE LANDSCAPE
11.1 Competitive Scenario
11.2 Company Profiles
11.2.1 ABB Ltd.
11.2.2 Eaton Corporation
11.2.3 Exelon Corporation
11.2.4 General Electric
11.2.5 HOMER Energy LLC
11.2.6 Honeywell International Inc.
11.2.7 Lockheed Martin
11.2.8 Power Analytics Corporation
11.2.9 Schneider Electric SE
11.2.10 Siemens
11.2.11 S&C Electric Company
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. KEY INSIGHTS
3. GLOBAL MICROGRID MARKET
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. GLOBAL MICROGRID MARKET ANALYSIS
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. GLOBAL MICROGRID MARKET BY ENERGY SOURCE
5.1. Introduction
5.2. Natural Gas
5.3. Combined Heat and Power
5.4. Solar Photovoltaic (PV)
5.5. Diesel
5.6. Fuel Cell
5.7. Others
6. GLOBAL MICROGRID MARKET BY APPLICATION
6.1 Introduction
6.2 Remote Systems
6.3 Institution and Campus
6.4 Utility/Community
6.5 Defence
6.6 Others
7. GLOBAL MICROGRID MARKET BY REGION
7.1 Introduction
7.2 Europe
7.3 North America
7.4 Asia Pacific
7.5 Latin America
7.6 Middle East & Africa
8. SWOT ANALYSIS
9. PORTER’S FIVE FORCES
10. MARKET VALUE CHAIN ANALYSIS
11. COMPETITIVE LANDSCAPE
11.1 Competitive Scenario
11.2 Company Profiles
11.2.1 ABB Ltd.
11.2.2 Eaton Corporation
11.2.3 Exelon Corporation
11.2.4 General Electric
11.2.5 HOMER Energy LLC
11.2.6 Honeywell International Inc.
11.2.7 Lockheed Martin
11.2.8 Power Analytics Corporation
11.2.9 Schneider Electric SE
11.2.10 Siemens
11.2.11 S&C Electric Company
LIST OF TABLES
Table 1: Global Microgrid Market Portraiture
Table 2: Global Microgrid Market by Energy Sources (in US$ Million), 2022 & 2030
Table 3: Global Microgrid Market by Application (in US$ Million), 2022 & 2030
Table 4: Global Microgrid Market by Region (in US$ Million), 2022 & 2030
Table 5: List of Key Players
Table 1: Global Microgrid Market Portraiture
Table 2: Global Microgrid Market by Energy Sources (in US$ Million), 2022 & 2030
Table 3: Global Microgrid Market by Application (in US$ Million), 2022 & 2030
Table 4: Global Microgrid Market by Region (in US$ Million), 2022 & 2030
Table 5: List of Key Players
LIST OF FIGURES
Figure 1: Global Microgrid Market (in US$ Million), 2018-2022
Figure 2: Global Microgrid Market by Energy Source, 2022
Figure 3: Global Microgrid Market by Application, 2022
Figure 4: Global Microgrid Market by Region, 2022
Figure 5: Global Microgrid Market (in US$ Million), 2023-2030
Figure 6: Global Microgrid Market by Energy Source (in %), 2022 & 2030
Figure 7: Global Natural Gas Microgrid Market (in US$ Million), 2018-2022
Figure 8: Global Natural Gas Microgrid Market (in US$ Million), 2023-2030
Figure 9: Global Combined Heat and Power Microgrid Market (in US$ Million), 2018-2022
Figure 10: Global Combined Heat and Power Microgrid Market (in US$ Million), 2023-2030
Figure 11: Global Solar Photovoltaic (PV) Microgrid Market (in US$ Million), 2018-2022
Figure 12: Global Solar Photovoltaic (PV) Microgrid Market (in US$ Million), 2023-2030
Figure 13: Global Diesel Microgrid Market (in US$ Million), 2018-2022
Figure 14: Global Diesel Microgrid Market (in US$ Million), 2023-2030
Figure 15: Global Fuel Cell Microgrid Market (in US$ Million), 2018-2022
Figure 16: Global Fuel Cell Microgrid Market (in US$ Million), 2023-2030
Figure 17: Global Other Energy Sources Microgrid Market (in US$ Million), 2018-2022
Figure 18: Global Other Energy Sources Microgrid Market (in US$ Million), 2023-2030
Figure 19: Global Microgrid Market by Application (in %), 2022 & 2030
Figure 20: Global Remote Systems Microgrid Market (in US$ Million), 2018-2022
Figure 21: Global Remote Systems Microgrid Market (in US$ Million), 2023-2030
Figure 22: Global Institution and Campus Microgrid Market (in US$ Million), 2018-2022
Figure 23: Global Institution and Campus Microgrid Market (in US$ Million), 2023-2030
Figure 24: Global Utility/Community Microgrid Market (in US$ Million), 2018-2022
Figure 25: Global Utility/Community Microgrid Market (in US$ Million), 2023-2030
Figure 26: Global Defence Microgrid Market (in US$ Million), 2018-2022
Figure 27: Global Defence Microgrid Market (in US$ Million), 2023-2030
Figure 28: Global Other Applications Microgrid Market (in US$ Million), 2018-2022
Figure 29: Global Other Applications Microgrid Market (in US$ Million), 2023-2030
Figure 30: Global Microgrid Market by Region (in %), 2022 & 2030
Figure 31: Europe Microgrid Market (in US$ Million), 2018-2022
Figure 32: Europe Microgrid Market (in US$ Million), 2023-2030
Figure 33: North America Microgrid Market (in US$ Million), 2018-2022
Figure 34: North America Microgrid Market (in US$ Million), 2023-2030
Figure 35: Asia Pacific Microgrid Market (in US$ Million), 2018-2022
Figure 36: Asia Pacific Microgrid Market (in US$ Million), 2023-2030
Figure 37: Latin America Microgrid Market (in US$ Million), 2018-2022
Figure 38: Latin America Microgrid Market (in US$ Million), 2023-2030
Figure 39: Middle East & Africa Microgrid Market (in US$ Million), 2018-2022
Figure 40: Middle East & Africa Microgrid Market (in US$ Million), 2023-2030
Figure 41: Market Value Chain
Figure 1: Global Microgrid Market (in US$ Million), 2018-2022
Figure 2: Global Microgrid Market by Energy Source, 2022
Figure 3: Global Microgrid Market by Application, 2022
Figure 4: Global Microgrid Market by Region, 2022
Figure 5: Global Microgrid Market (in US$ Million), 2023-2030
Figure 6: Global Microgrid Market by Energy Source (in %), 2022 & 2030
Figure 7: Global Natural Gas Microgrid Market (in US$ Million), 2018-2022
Figure 8: Global Natural Gas Microgrid Market (in US$ Million), 2023-2030
Figure 9: Global Combined Heat and Power Microgrid Market (in US$ Million), 2018-2022
Figure 10: Global Combined Heat and Power Microgrid Market (in US$ Million), 2023-2030
Figure 11: Global Solar Photovoltaic (PV) Microgrid Market (in US$ Million), 2018-2022
Figure 12: Global Solar Photovoltaic (PV) Microgrid Market (in US$ Million), 2023-2030
Figure 13: Global Diesel Microgrid Market (in US$ Million), 2018-2022
Figure 14: Global Diesel Microgrid Market (in US$ Million), 2023-2030
Figure 15: Global Fuel Cell Microgrid Market (in US$ Million), 2018-2022
Figure 16: Global Fuel Cell Microgrid Market (in US$ Million), 2023-2030
Figure 17: Global Other Energy Sources Microgrid Market (in US$ Million), 2018-2022
Figure 18: Global Other Energy Sources Microgrid Market (in US$ Million), 2023-2030
Figure 19: Global Microgrid Market by Application (in %), 2022 & 2030
Figure 20: Global Remote Systems Microgrid Market (in US$ Million), 2018-2022
Figure 21: Global Remote Systems Microgrid Market (in US$ Million), 2023-2030
Figure 22: Global Institution and Campus Microgrid Market (in US$ Million), 2018-2022
Figure 23: Global Institution and Campus Microgrid Market (in US$ Million), 2023-2030
Figure 24: Global Utility/Community Microgrid Market (in US$ Million), 2018-2022
Figure 25: Global Utility/Community Microgrid Market (in US$ Million), 2023-2030
Figure 26: Global Defence Microgrid Market (in US$ Million), 2018-2022
Figure 27: Global Defence Microgrid Market (in US$ Million), 2023-2030
Figure 28: Global Other Applications Microgrid Market (in US$ Million), 2018-2022
Figure 29: Global Other Applications Microgrid Market (in US$ Million), 2023-2030
Figure 30: Global Microgrid Market by Region (in %), 2022 & 2030
Figure 31: Europe Microgrid Market (in US$ Million), 2018-2022
Figure 32: Europe Microgrid Market (in US$ Million), 2023-2030
Figure 33: North America Microgrid Market (in US$ Million), 2018-2022
Figure 34: North America Microgrid Market (in US$ Million), 2023-2030
Figure 35: Asia Pacific Microgrid Market (in US$ Million), 2018-2022
Figure 36: Asia Pacific Microgrid Market (in US$ Million), 2023-2030
Figure 37: Latin America Microgrid Market (in US$ Million), 2018-2022
Figure 38: Latin America Microgrid Market (in US$ Million), 2023-2030
Figure 39: Middle East & Africa Microgrid Market (in US$ Million), 2018-2022
Figure 40: Middle East & Africa Microgrid Market (in US$ Million), 2023-2030
Figure 41: Market Value Chain