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Global Microgrid Market _Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025

June 2018 | 391 pages | ID: G2B5F3C0F19EN
Data Bridge Market Research

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Global microgrid market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Prominent factors driving the growth of this market consist of increased demand of automated grid systems, reduction in carbon footprint, advancement in microgrid connectivity by integration of IoT, and benefits of low cost and clean energy storage

The key market players for global microgrid market are listed below:
  • ABB
  • General Electric Company
  • Siemens AG
  • Honeywell International Inc.
  • Eaton Corporation PLC
  • Advanced Microgrid Solutions
  • Caterpillar Inc.
  • Chevron Corporation
  • Cummins Inc.
  • Exelon Corporation
  • Green Energy Corp.
  • Homer Energy LLC
  • Microgrid Energy
  • Pareto Energy
  • Power Analytics Corporation
  • S&C Electric Company
  • Schneider Electric
  • Tesla Inc.
  • Toshiba Corporation
The market is further segmented into:
  • Grid Type
  • Connectivity
  • Offering
  • Vertical
  • Power Source
The global microgrid market is segmented based on grid type into three notable segments; AC microgrid, DC microgrid, and hybrid. In 2018, DC microgrid segment is valued to rule with the highest market share 2025.

The global microgrid market is segmented based on connectivity into two notable segments grid connected and remote/island. In 2018, grid connected segment is valued to rule with the highest market shares by 2025, rising at the highest CAGR.

The global microgrid market is segmented based on offering into hardware, software, and services. The hardware segment is further sub-segmented into switchgears, power inverters, smart meters, reciprocating engines, and energy storage systems and power generators. The energy storage systems and power generators segment is further sub-segmented into power generators and energy storage systems. The power generator includes fuel cells and diesel gensets, chp and micro-chp, micro turbines, and renewables (PV cells, wind based, and others). The energy storage systems include lithium-ion batteries, lead-acid batteries, flywheels, flow batteries, and others. The services segment is further sub-segmented into engineering and design, monitoring and control, and operations & maintenance. In 2018, hardware segment is valued to rule with highest market shares and retail & grocery stores is rising at the highest CAGR.

The global microgrid market is segmented based on vertical into five notable segments healthcare, educational institutions, industrial, military, and electric utility. The industrial segment is further sub segmented as steel, mining, and others. The utility segment is further sub-segmented into urban electrification and rural electrification. In 2018, healthcare segment is valued to rule with highest market shares in 2025.

The global microgrid market is segmented based on power into natural gas, combined heat and power, diesel, solar, fuel cells, others. In 2018, diesel segment is valued to rule with highest market shares.

Based on geography, the market is segmented into 5 geographical regions:
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa
Covered in this report

The report covers the present scenario and the growth prospects of the global microgrid market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
1 INTRODUCTION

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Microgrid Market
1.4 Currency And Pricing
1.5 Limitation
1.6 Markets Covered

2 MARKET SEGMENTATION

2.1 Markets Covered
2.2 Geographic Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Research Methodology
2.6 Primary Interviews With Key Opinion Leaders
2.7 Secondary Sources
2.8 Assumptions
2.9 Dbmr Market Position Grid
2.10 Market Application Coverage Grid
2.11 Dbmr Market Challenge Matrix

3 MARKET OVERVIEW

3.1 Drivers
  3.1.1 Increased Demand Of Automated Grid Systems
  3.1.2 Reduction In Carbon Footprint
  3.1.3 Advancement In Microgrid Connectivity By Integration Of Iot
  3.1.4 Benefits Of Low Cost And Clean Energy Storage
3.2 Restraints
  3.2.1 High Cost For Installation
  3.2.2 Franchise Rights For Connecting Microgrids
  3.2.3 Complications Related To Registration And Land Acquisitions For Installation Of Solar Pv
3.3 Opportunity
  3.3.1 Rise In Number Of Installations Of Microgrids In Emerging Regions
  3.3.2 Rising Demand In Healthcare And Military Verticals
3.4 Challenges
  3.4.1 Complicated Process Of Installation And Designing
  3.4.2 Risks Associated With Installation And Implementation Of Microgrids
  3.4.3 Stringent Regulatory Policies

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

6 GLOBAL MICROGRID MARKET, BY GRID TYPE

6.1 Overview
6.2 Ac Microgrid
6.3 Dc Microgrid
6.4 Hybrid

7 GLOBAL MICROGRID MARKET, BY CONNECTIVITY

7.1 Overview
7.2 Grid Connected
7.3 Remote/Island

8 GLOBAL MICROGRID MARKET, BY OFFERING

8.1 Overview
8.2 Hardware
  8.2.1 Switchgears
  8.2.2 Power Inverters
  8.2.3 Smart Meters
  8.2.4 Reciprocating Engines
  8.2.5 Energy Storage Systems And Power Generators
    8.2.5.1 Power Generators
      8.2.5.1.1 Fuel Cells And Diesel Gensets
      8.2.5.1.2 Chp And Micro-Chp
      8.2.5.1.3 Microturbines
      8.2.5.1.4 Renewables
        8.2.5.1.4.1 Pv Cells
        8.2.5.1.4.2 Wind Based
        8.2.5.1.4.3 Others
    8.2.5.2 Energy Storage Systems
      8.2.5.2.1 Lithium-Ion Batteries
      8.2.5.2.2 Lead-Acid Batteries
      8.2.5.2.3 Flywheels
      8.2.5.2.4 Flow Batteries
8.3 Software
8.4 Services
    8.4.1.1 Engineering And Design
    8.4.1.2 Monitoring And Control
    8.4.1.3 Operations And Maintenance

9 GLOBAL MICROGRID MARKET, BY VERTICAL

9.1 Overview
9.2 Healthcare
9.3 Educational Institutions
9.4 Industrial
9.5 Military
9.6 Electric Utility

10 GLOBAL MICROGRID MARKET, BY POWER SOURCE

10.1 Overview
10.2 Natural Gas
10.3 Combined Heat And Power
10.4 Diesel
10.5 Solar
10.6 Fuel Cells
10.7 Others

11 GLOBAL MICROGRID MARKET, BY GEOGRAPHY

11.1 Overview
11.2 North America
  11.2.1 U.S.
  11.2.2 Canada
  11.2.3 Mexico
11.3 Europe
  11.3.1 Germany
  11.3.2 France
  11.3.3 Sweden
  11.3.4 Netherlands
  11.3.5 U.K.
  11.3.6 Italy
  11.3.7 Spain
  11.3.8 Turkey
  11.3.9 Switzerland
  11.3.10 Belgium
  11.3.11 Rest Of Europe
11.4 Asia-Pacific
  11.4.1 Japan
  11.4.2 China
  11.4.3 India
  11.4.4 South Korea
  11.4.5 Australia
  11.4.6 Singapore
  11.4.7 Malaysia
  11.4.8 Thailand
  11.4.9 Indonesia
  11.4.10 Philippines
  11.4.11 Rest Of Asia-Pacific
11.5 South America
  11.5.1 Brazil
  11.5.2 Rest Of South America
11.6 Middle East And Africa
  11.6.1 South Africa
  11.6.2 Rest Of Middle East And Africa

12 GLOBAL MICROGRID MARKET, COMPANY LANDSCAPE

12.1 Company Share Analysis: Global
12.2 Company Share Analysis: North America
12.3 Company Share Analysis: Europe
12.4 Company Share Analysis: Asia-Pacific

13 COMPANY PROFILES

13.1 Asea Brown Boveri (Abb) Ltd.
  13.1.1 Company Overview
  13.1.2 Company Snapshot
  13.1.3 Revenue Analysis
  13.1.4 Company Share Analysis
  13.1.5 Product Portfolio
  13.1.6 Recent Development
13.2 General Electric Company
  13.2.1 Company Overview
  13.2.2 Company Snapshot
  13.2.3 Revenue Analysis
  13.2.4 Company Share Analysis
  13.2.5 Product Portfolio
  13.2.6 Recent Development
13.3 Siemens Ag
  13.3.1 Company Overview
  13.3.2 Company Snapshot
  13.3.3 Revenue Analysis
  13.3.4 Company Share Analysis
  13.3.5 Product Portfolio
  13.3.6 Recent Development
13.4 Honeywell International Inc.
  13.4.1 Company Overview
  13.4.2 Company Snapshot
  13.4.3 Revenue Analysis
  13.4.4 Product Portfolio
  13.4.5 Recent Development
13.5 Eaton Corporation Plc
  13.5.1 Company Overview
  13.5.2 Company Snapshot
  13.5.3 Revenue Analysis
  13.5.4 Product Portfolio
  13.5.5 Recent Development
13.6 Advanced Microgrid Solutions, Inc.
  13.6.1 Company Overview
  13.6.2 Company Snapshot
  13.6.3 Product Portfolio
13.7 Caterpillar Inc.
  13.7.1 Company Overview
  13.7.2 Company Snapshot
  13.7.3 Revenue Analysis
  13.7.4 Product Portfolio
  13.7.5 Recent Development
13.8 Chevron Corporation
  13.8.1 Company Overview
  13.8.2 Company Snapshot
  13.8.3 Revenue Analysis
  13.8.4 Product Portfolio
13.9 Cummins Inc.
  13.9.1 Company Overview
  13.9.2 Company Snapshot
  13.9.3 Revenue Analysis
  13.9.4 Product Portfolio
  13.9.5 Recent Development
13.10 Exelon Corporation
  13.10.1 Company Overview
  13.10.2 Company Snapshot
  13.10.3 Revenue Analysis
  13.10.4 Product Portfolio
  13.10.5 Recent Development
13.11 Green Energy Corp.
  13.11.1 Company Overview
  13.11.2 Company Snapshot
  13.11.3 Product Portfolio
  13.11.4 Recent Development
13.12 Homer Energy Llc
  13.12.1 Company Overview
  13.12.2 Company Snapshot
  13.12.3 Product Portfolio
  13.12.4 Recent Development
13.13 Microgrid Energy
  13.13.1 Company Overview
  13.13.2 Company Snapshot
  13.13.3 Product Portfolio
13.14 Pareto Energy
  13.14.1 Company Overview
  13.14.2 Company Snapshot
  13.14.3 Product Portfolio
13.15 Power Analytics Corporation
  13.15.1 Company Overview
  13.15.2 Company Snapshot
  13.15.3 Geographic Analysis
  13.15.4 Product Portfolio
  13.15.5 Recent Development
13.16 S&C Electric Company
  13.16.1 Company Overview
  13.16.2 Company Snapshot
  13.16.3 Product Portfolio
  13.16.4 Recent Development
13.17 Schneider Electric Se
  13.17.1 Company Overview
  13.17.2 Company Snapshot
  13.17.3 Revenue Analysis
  13.17.4 Product Portfolio
  13.17.5 Recent Development
13.18 Tesla, Inc.
  13.18.1 Company Overview
  13.18.2 Company Snapshot
  13.18.3 Revenue Analysis
  13.18.4 Product Portfolio
  13.18.5 Recent Development
13.19 Toshiba Corporation
  13.19.1 Company Overview
  13.19.2 Company Snapshot
  13.19.3 Revenue Analysis
  13.19.4 Product Portfolio
  13.19.5 Recent Development

14 RELATED REPORTS

LIST OF FIGURES

Figure 1 Global Microgrid Market: Segmentation
Figure 2 Global Microgrid Market: Data Triangulation
Figure 3 Global Microgrid Market: Research Snapshot
Figure 4 Global Microgrid Market Bottom Up Approach
Figure 5 Global Microgrid Market Top Down Approach
Figure 6 Global Microgrid Market: Interview Demographics
Figure 7 Global Microgrid Market: Dbmr Market Position Grid
Figure 8 Global Microgrid Market: Market Application Coverage Grid
Figure 9 Global Microgrid Market: The Market Challenge Matrix
Figure 10 Drivers, Restraints, Opportunities And Challenges Of The Microgrid Market
Figure 11 Global Microgrid Market: Segmentation
Figure 12 North America Is Expected To Dominate The Market For Microgrid Market Whereas Asia Pacific Is Expected To Be Growing With The Highest Cagr In The Forecast Period From 2018 To 2025
Figure 13 Increased Demand Of Automated Grid Systems, Reduction In Carbon Footprint, Advancement In Microgrid Connectivity By Integration Of Iot, And Benefits Of Low Cost And Clean Energy Storage Is Expected To Drive The Market For Microgrid Market In The Forecast Period 2018 To 2025
Figure 14 Dc Microgrid Is Expected To Account For The Largest Share Of The Global Microgrid Market In 2018 & 2025
Figure 15 Asia-Pacific Is The Highest Growing And Most Profitable Revenue Pockets For Microgrid Manufacturers In The Forecast Period 2018 To 2025
Figure 16 Global Microgrid Market: By Grid Type, 2017
Figure 17 Global Microgrid Market: By Connectivity, 2017
Figure 18 Global Microgrid Market: By Vertical, 2017
Figure 19 Global Microgrid Market: By Grid Type, 2017
Figure 20 Global Microgrid Market: Snapshot (2017)
Figure 21 Global Microgrid Market: By Geography (2017)
Figure 22 Global Microgrid Market: By Geography (2018 & 2025)
Figure 23 Global Microgrid Market, By Geography (2017 & 2025)
Figure 24 Global Microgrid Market, By Grid Type (2018 - 2025)
Figure 25 North America Microgrid Market Snapshot (2017)
Figure 26 North America Microgrid Market: By Country (2017)
Figure 27 North America Microgrid Market: By Country (2018 & 2025)
Figure 28 North America Microgrid Market: By Country (2017 & 2025)
Figure 29 North America Microgrid Market, By Grid Type (2018 - 2025)
Figure 30 Europe Microgrid Market Snapshot (2017)
Figure 31 Europe Microgrid Market: By Country (2017)
Figure 32 Europe Microgrid Market: By Country (2018 & 2025)
Figure 33 Europe Microgrid Market: By Country (2017 & 2025)
Figure 34 Europe Microgrid Market, By Grid Type (2018 - 2025)
Figure 35 Asia-Pacific Microgrid Market Snapshot (2017)
Figure 36 Asia-Pacific Microgrid Market: By Country (2017)
Figure 37 Asia-Pacific Microgrid Market: By Country (2018 & 2025)
Figure 38 Asia-Pacific Microgrid Market: By Country (2017 & 2025)
Figure 39 Asia-Pacific Microgrid Market, By Grid Type (2018 - 2025)
Figure 40 South America Microgrid Market Snapshot (2017)
Figure 41 South America Microgrid Market: By Country (2017)
Figure 42 South America Microgrid Market: By Country (2018 & 2025)
Figure 43 South America Microgrid Market: By Country (2017 & 2025)
Figure 44 South America Microgrid Market, By Grid Type (2018 - 2025)
Figure 45 Middle East And Africa Microgrid Market Snapshot (2017)
Figure 46 Middle East And Africa Microgrid Market: By Country (2017)
Figure 47 Middle East And Africa Microgrid Market: By Country (2018 & 2025)
Figure 48 Middle East And Africa Microgrid Market: By Country (2017 & 2025)
Figure 49 Middle East And Africa Microgrid Market, By Grid Type (2018 - 2025)
Figure 50 Global Microgrid Market: Company Share 2017 (%)
Figure 51 North America Microgrid Market: Company Share 2017(%)
Figure 52 Europe Microgrid Market: Company Share 2017 (%)
Figure 53 Asia-Pacific Microgrid Market: Company Share 2017 (%)


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