A microgrid can be defined as a local grid that can be connected to and disconnected from a traditional utility grid to provide better reliability and grid resilience. A microgrid is the interconnection between a distributed energy source and a load within a well-defined electrical boundary. It acts as a controllable entity. Microgrids can operate autonomously because they are very useful during mains grid failures and they can help mitigate the risks caused by grid disturbances and faults. Since the microgrid can be easily connected to and disconnected from the mains, it can operate in grid-connected and island mode.
The Microgrids market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Microgrids industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
The Microgrids market can be split based on product types, major applications, and important countries as follows:
Key players in the global Microgrids market covered in Chapter 12:
Lockheed Martin Corporation
S&C Electric Company
GE Digital Energy
Honeywell International Inc.
Viridity Energy, Inc.
Microgrid Energy LLC
ZBB Energy Corporation
HOMER Energy LLC
Power Analytics Corporation
In Chapter 4 and 14.1, on the basis of types, the Microgrids market from 2015 to 2025 is primarily split into:
In Chapter 5 and 14.2, on the basis of applications, the Microgrids market from 2015 to 2025 covers:
Large Scale Solar Power Plant
Wind Power Plant
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
Europe (Covered in Chapter 8 and 14)
Asia-Pacific (Covered in Chapter 9 and 14)
Middle East and Africa (Covered in Chapter 10 and 14)
South America (Covered in Chapter 11 and 14)
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025