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Global Microgrid Technology Market Analysis and Forecast 2024-2030

April 2024 | 146 pages | ID: GE6D133E1D96EN
APO Research

US$ 4,950.00

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Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.

Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.

According to APO Research, The global Microgrid Technology market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

Global Microgrid Technology main players are ABB, GE, Echelon, NEC , Aquion Energy, etc. Global top five manufacturers hold a share over 25%. North America is the largest market, with a share nearly 45%.

Report Includes

This report presents an overview of global market for Microgrid Technology, market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Microgrid Technology, also provides the revenue of main regions and countries. Of the upcoming market potential for Microgrid Technology, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Microgrid Technology revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Microgrid Technology market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Microgrid Technology revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including ABB, GE, Echelon, S&C Electric, Siemens, General Microgrids, Microgrid Solar, Raytheon and Sunverge Energy, etc.

Microgrid Technology segment by Company
  • ABB
  • GE
  • Echelon
  • S&C Electric
  • Siemens
  • General Microgrids
  • Microgrid Solar
  • Raytheon
  • Sunverge Energy
  • Toshiba
  • NEC
  • Aquion Energy
  • EnStorage
  • SGCC
  • Moixa
  • EnSync
  • Ampard
  • Green Energy Corp
  • Growing Energy Labs Inc
  • HOMER Energy
  • Spirae
Microgrid Technology segment by Type
  • Grid-Tied Type Microgrid
  • Independent Type Microgrid
Microgrid Technology segment by Application
  • Commercial/Industrial
  • Community/Utility
  • Campus/Institutional
  • Military
  • Remote
  • Others
Microgrid Technology segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global status and future forecast, involving growth rate (CAGR), market share, historical and forecast.

2. To present the key players, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Microgrid Technology market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Microgrid Technology and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in market size), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Microgrid Technology.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Revenue of Microgrid Technology in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 4: Detailed analysis of Microgrid Technology company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Microgrid Technology revenue, gross margin, and recent development, etc.

Chapter 8: North America (US & Canada) by type, by application and by country, revenue for each segment.

Chapter 9: Europe by type, by application and by country, revenue for each segment.

Chapter 10: China type, by application, revenue for each segment.

Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.

Chapter 12: Middle East, Africa, and Latin America type, by application and by country, revenue for each segment.

Chapter 13: The main concluding insights of the report.

Chapter 13: The main concluding insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Microgrid Technology Market by Type
  1.2.1 Global Microgrid Technology Market Size by Type, 2019 VS 2023 VS 2030
  1.2.2 Grid-Tied Type Microgrid
  1.2.3 Independent Type Microgrid
1.3 Microgrid Technology Market by Application
  1.3.1 Global Microgrid Technology Market Size by Application, 2019 VS 2023 VS 2030
  1.3.2 Commercial/Industrial
  1.3.3 Community/Utility
  1.3.4 Campus/Institutional
  1.3.5 Military
  1.3.6 Remote
  1.3.7 Others
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives

2 MICROGRID TECHNOLOGY MARKET DYNAMICS

2.1 Microgrid Technology Industry Trends
2.2 Microgrid Technology Industry Drivers
2.3 Microgrid Technology Industry Opportunities and Challenges
2.4 Microgrid Technology Industry Restraints

3 GLOBAL GROWTH PERSPECTIVE

3.1 Global Microgrid Technology Market Perspective (2019-2030)
3.2 Global Microgrid Technology Growth Trends by Region
  3.2.1 Global Microgrid Technology Market Size by Region: 2019 VS 2023 VS 2030
  3.2.2 Global Microgrid Technology Market Size by Region (2019-2024)
  3.2.3 Global Microgrid Technology Market Size by Region (2025-2030)

4 COMPETITIVE LANDSCAPE BY PLAYERS

4.1 Global Microgrid Technology Revenue by Players
  4.1.1 Global Microgrid Technology Revenue by Players (2019-2024)
  4.1.2 Global Microgrid Technology Revenue Market Share by Players (2019-2024)
  4.1.3 Global Microgrid Technology Players Revenue Share Top 10 and Top 5 in 2023
4.2 Global Microgrid Technology Key Players Ranking, 2022 VS 2023 VS 2024
4.3 Global Microgrid Technology Key Players Headquarters & Area Served
4.4 Global Microgrid Technology Players, Product Type & Application
4.5 Global Microgrid Technology Players Commercialization Time
4.6 Market Competitive Analysis
  4.6.1 Global Microgrid Technology Market CR5 and HHI
  4.6.2 Global Top 5 and 10 Microgrid Technology Players Market Share by Revenue in 2023
  4.6.3 2023 Microgrid Technology Tier 1, Tier 2, and Tier

5 MICROGRID TECHNOLOGY MARKET SIZE BY TYPE

5.1 Global Microgrid Technology Revenue by Type (2019 VS 2023 VS 2030)
5.2 Global Microgrid Technology Revenue by Type (2019-2030)
5.3 Global Microgrid Technology Revenue Market Share by Type (2019-2030)

6 MICROGRID TECHNOLOGY MARKET SIZE BY APPLICATION

6.1 Global Microgrid Technology Revenue by Application (2019 VS 2023 VS 2030)
6.2 Global Microgrid Technology Revenue by Application (2019-2030)
6.3 Global Microgrid Technology Revenue Market Share by Application (2019-2030)

7 COMPANY PROFILES

7.1 ABB
  7.1.1 ABB Comapny Information
  7.1.2 ABB Business Overview
  7.1.3 ABB Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.1.4 ABB Microgrid Technology Product Portfolio
  7.1.5 ABB Recent Developments
7.2 GE
  7.2.1 GE Comapny Information
  7.2.2 GE Business Overview
  7.2.3 GE Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.2.4 GE Microgrid Technology Product Portfolio
  7.2.5 GE Recent Developments
7.3 Echelon
  7.3.1 Echelon Comapny Information
  7.3.2 Echelon Business Overview
  7.3.3 Echelon Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.3.4 Echelon Microgrid Technology Product Portfolio
  7.3.5 Echelon Recent Developments
7.4 S&C Electric
  7.4.1 S&C Electric Comapny Information
  7.4.2 S&C Electric Business Overview
  7.4.3 S&C Electric Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.4.4 S&C Electric Microgrid Technology Product Portfolio
  7.4.5 S&C Electric Recent Developments
7.5 Siemens
  7.5.1 Siemens Comapny Information
  7.5.2 Siemens Business Overview
  7.5.3 Siemens Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.5.4 Siemens Microgrid Technology Product Portfolio
  7.5.5 Siemens Recent Developments
7.6 General Microgrids
  7.6.1 General Microgrids Comapny Information
  7.6.2 General Microgrids Business Overview
  7.6.3 General Microgrids Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.6.4 General Microgrids Microgrid Technology Product Portfolio
  7.6.5 General Microgrids Recent Developments
7.7 Microgrid Solar
  7.7.1 Microgrid Solar Comapny Information
  7.7.2 Microgrid Solar Business Overview
  7.7.3 Microgrid Solar Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.7.4 Microgrid Solar Microgrid Technology Product Portfolio
  7.7.5 Microgrid Solar Recent Developments
7.8 Raytheon
  7.8.1 Raytheon Comapny Information
  7.8.2 Raytheon Business Overview
  7.8.3 Raytheon Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.8.4 Raytheon Microgrid Technology Product Portfolio
  7.8.5 Raytheon Recent Developments
7.9 Sunverge Energy
  7.9.1 Sunverge Energy Comapny Information
  7.9.2 Sunverge Energy Business Overview
  7.9.3 Sunverge Energy Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.9.4 Sunverge Energy Microgrid Technology Product Portfolio
  7.9.5 Sunverge Energy Recent Developments
7.10 Toshiba
  7.10.1 Toshiba Comapny Information
  7.10.2 Toshiba Business Overview
  7.10.3 Toshiba Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.10.4 Toshiba Microgrid Technology Product Portfolio
  7.10.5 Toshiba Recent Developments
7.11 NEC
  7.11.1 NEC Comapny Information
  7.11.2 NEC Business Overview
  7.11.3 NEC Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.11.4 NEC Microgrid Technology Product Portfolio
  7.11.5 NEC Recent Developments
7.12 Aquion Energy
  7.12.1 Aquion Energy Comapny Information
  7.12.2 Aquion Energy Business Overview
  7.12.3 Aquion Energy Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.12.4 Aquion Energy Microgrid Technology Product Portfolio
  7.12.5 Aquion Energy Recent Developments
7.13 EnStorage
  7.13.1 EnStorage Comapny Information
  7.13.2 EnStorage Business Overview
  7.13.3 EnStorage Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.13.4 EnStorage Microgrid Technology Product Portfolio
  7.13.5 EnStorage Recent Developments
7.14 SGCC
  7.14.1 SGCC Comapny Information
  7.14.2 SGCC Business Overview
  7.14.3 SGCC Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.14.4 SGCC Microgrid Technology Product Portfolio
  7.14.5 SGCC Recent Developments
7.15 Moixa
  7.15.1 Moixa Comapny Information
  7.15.2 Moixa Business Overview
  7.15.3 Moixa Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.15.4 Moixa Microgrid Technology Product Portfolio
  7.15.5 Moixa Recent Developments
7.16 EnSync
  7.16.1 EnSync Comapny Information
  7.16.2 EnSync Business Overview
  7.16.3 EnSync Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.16.4 EnSync Microgrid Technology Product Portfolio
  7.16.5 EnSync Recent Developments
7.17 Ampard
  7.17.1 Ampard Comapny Information
  7.17.2 Ampard Business Overview
  7.17.3 Ampard Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.17.4 Ampard Microgrid Technology Product Portfolio
  7.17.5 Ampard Recent Developments
7.18 Green Energy Corp
  7.18.1 Green Energy Corp Comapny Information
  7.18.2 Green Energy Corp Business Overview
  7.18.3 Green Energy Corp Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.18.4 Green Energy Corp Microgrid Technology Product Portfolio
  7.18.5 Green Energy Corp Recent Developments
7.19 Growing Energy Labs Inc
  7.19.1 Growing Energy Labs Inc Comapny Information
  7.19.2 Growing Energy Labs Inc Business Overview
  7.19.3 Growing Energy Labs Inc Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.19.4 Growing Energy Labs Inc Microgrid Technology Product Portfolio
  7.19.5 Growing Energy Labs Inc Recent Developments
7.20 HOMER Energy
  7.20.1 HOMER Energy Comapny Information
  7.20.2 HOMER Energy Business Overview
  7.20.3 HOMER Energy Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.20.4 HOMER Energy Microgrid Technology Product Portfolio
  7.20.5 HOMER Energy Recent Developments
7.21 Spirae
  7.21.1 Spirae Comapny Information
  7.21.2 Spirae Business Overview
  7.21.3 Spirae Microgrid Technology Revenue and Gross Margin (2019-2024)
  7.21.4 Spirae Microgrid Technology Product Portfolio
  7.21.5 Spirae Recent Developments

8 NORTH AMERICA

8.1 North America Microgrid Technology Revenue (2019-2030)
8.2 North America Microgrid Technology Revenue by Type (2019-2030)
  8.2.1 North America Microgrid Technology Revenue by Type (2019-2024)
  8.2.2 North America Microgrid Technology Revenue by Type (2025-2030)
8.3 North America Microgrid Technology Revenue Share by Type (2019-2030)
8.4 North America Microgrid Technology Revenue by Application (2019-2030)
  8.4.1 North America Microgrid Technology Revenue by Application (2019-2024)
  8.4.2 North America Microgrid Technology Revenue by Application (2025-2030)
8.5 North America Microgrid Technology Revenue Share by Application (2019-2030)
8.6 North America Microgrid Technology Revenue by Country
  8.6.1 North America Microgrid Technology Revenue by Country (2019 VS 2023 VS 2030)
  8.6.2 North America Microgrid Technology Revenue by Country (2019-2024)
  8.6.3 North America Microgrid Technology Revenue by Country (2025-2030)
  8.6.4 U.S.
  8.6.5 Canada

9 EUROPE

9.1 Europe Microgrid Technology Revenue (2019-2030)
9.2 Europe Microgrid Technology Revenue by Type (2019-2030)
  9.2.1 Europe Microgrid Technology Revenue by Type (2019-2024)
  9.2.2 Europe Microgrid Technology Revenue by Type (2025-2030)
9.3 Europe Microgrid Technology Revenue Share by Type (2019-2030)
9.4 Europe Microgrid Technology Revenue by Application (2019-2030)
  9.4.1 Europe Microgrid Technology Revenue by Application (2019-2024)
  9.4.2 Europe Microgrid Technology Revenue by Application (2025-2030)
9.5 Europe Microgrid Technology Revenue Share by Application (2019-2030)
9.6 Europe Microgrid Technology Revenue by Country
  9.6.1 Europe Microgrid Technology Revenue by Country (2019 VS 2023 VS 2030)
  9.6.2 Europe Microgrid Technology Revenue by Country (2019-2024)
  9.6.3 Europe Microgrid Technology Revenue by Country (2025-2030)
  9.6.4 Germany
  9.6.5 France
  9.6.6 U.K.
  9.6.7 Italy
  9.6.8 Russia

10 CHINA

10.1 China Microgrid Technology Revenue (2019-2030)
10.2 China Microgrid Technology Revenue by Type (2019-2030)
  10.2.1 China Microgrid Technology Revenue by Type (2019-2024)
  10.2.2 China Microgrid Technology Revenue by Type (2025-2030)
10.3 China Microgrid Technology Revenue Share by Type (2019-2030)
10.4 China Microgrid Technology Revenue by Application (2019-2030)
  10.4.1 China Microgrid Technology Revenue by Application (2019-2024)
  10.4.2 China Microgrid Technology Revenue by Application (2025-2030)
10.5 China Microgrid Technology Revenue Share by Application (2019-2030)

11 ASIA (EXCLUDING CHINA)

11.1 Asia Microgrid Technology Revenue (2019-2030)
11.2 Asia Microgrid Technology Revenue by Type (2019-2030)
  11.2.1 Asia Microgrid Technology Revenue by Type (2019-2024)
  11.2.2 Asia Microgrid Technology Revenue by Type (2025-2030)
11.3 Asia Microgrid Technology Revenue Share by Type (2019-2030)
11.4 Asia Microgrid Technology Revenue by Application (2019-2030)
  11.4.1 Asia Microgrid Technology Revenue by Application (2019-2024)
  11.4.2 Asia Microgrid Technology Revenue by Application (2025-2030)
11.5 Asia Microgrid Technology Revenue Share by Application (2019-2030)
11.6 Asia Microgrid Technology Revenue by Country
  11.6.1 Asia Microgrid Technology Revenue by Country (2019 VS 2023 VS 2030)
  11.6.2 Asia Microgrid Technology Revenue by Country (2019-2024)
  11.6.3 Asia Microgrid Technology Revenue by Country (2025-2030)
  11.6.4 Japan
  11.6.5 South Korea
  11.6.6 India
  11.6.7 Australia
  11.6.8 China Taiwan
  11.6.9 Southeast Asia

12 MIDDLE EAST, AFRICA, LATIN AMERICA

12.1 MEALA Microgrid Technology Revenue (2019-2030)
12.2 MEALA Microgrid Technology Revenue by Type (2019-2030)
  12.2.1 MEALA Microgrid Technology Revenue by Type (2019-2024)
  12.2.2 MEALA Microgrid Technology Revenue by Type (2025-2030)
12.3 MEALA Microgrid Technology Revenue Share by Type (2019-2030)
12.4 MEALA Microgrid Technology Revenue by Application (2019-2030)
  12.4.1 MEALA Microgrid Technology Revenue by Application (2019-2024)
  12.4.2 MEALA Microgrid Technology Revenue by Application (2025-2030)
12.5 MEALA Microgrid Technology Revenue Share by Application (2019-2030)
12.6 MEALA Microgrid Technology Revenue by Country
  12.6.1 MEALA Microgrid Technology Revenue by Country (2019 VS 2023 VS 2030)
  12.6.2 MEALA Microgrid Technology Revenue by Country (2019-2024)
  12.6.3 MEALA Microgrid Technology Revenue by Country (2025-2030)
  12.6.4 Mexico
  12.6.5 Brazil
  12.6.6 Israel
  12.6.7 Argentina
  12.6.8 Colombia
  12.6.9 Turkey
  12.6.10 Saudi Arabia
  12.6.11 UAE

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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