Report Detail
Global Microgrid Market Size, Status and Forecast 2019-2025
- RnM2983269 |
- 19 February, 2019 |
- Global |
- 107 Pages |
- QYResearch |
- Service & Software
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.
North America is currently the largest microgrid market, having captured nearly half of all vendor revenue activity. The region holds a nearly identical market share (48.59%) compared with data presented in 2016
ABB, GE and Echelon captured the top three revenue share spots in the Microgrid market in 2016. ABB dominated with 7.53 percent revenue share, followed by GE with 5.64 percent revenue share and Echelon with 5.03 percent revenue share.
The second place is Asia regions; following North America with the Revenue market share over 27.83% in 2016. Europe is another important consumption market of Microgrid Technology.
Microgrid Technology used in industry including Campus/Institutional Microgrid, Community/Utility Microgrid, Commercial/Industrial Microgrid, Military Microgrid and Remote Microgrid. Report data showed that 41.79% of the Microgrid Technology market demand in Campus/Institutional Microgrid, 24.24% in Commercial/Industrial Microgrid, and 21.28% in Community/Utility Microgrid in 2016.
There are two kinds of Microgrid Technology, which are Grid-Tied Type Microgrid and Independent Type Microgrid. Grid-Tied Type Microgrid is important in the Microgrid Technology, with a Installed Capacity market share nearly 78.30% in 2016.
Briefly speaking, in the next few years, Microgrid Technology industry will still be a rapid development industry. Sales of Microgrid Technology have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
In 2018, the global Microgrid market size was 11400 million US$ and it is expected to reach 34600 million US$ by the end of 2025, with a CAGR of 14.9% during 2019-2025.
This report focuses on the global Microgrid status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Microgrid development in United States, Europe and China.
The key players covered in this study
ABB
GE
Echelon
S&C Electric Co
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, Inc.
Market segment by Type, the product can be split into
Grid-Tied Type Microgrid
Independent Type Microgrid
Market segment by Application, split into
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Microgrid status, future forecast, growth opportunity, key market and key players.
To present the Microgrid development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Microgrid are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Microgrid Market Size Growth Rate by Type (2014-2025)
- 1.4.2 Grid-Tied Type Microgrid
- 1.4.3 Independent Type Microgrid
- 1.5 Market by Application
- 1.5.1 Global Microgrid Market Share by Application (2014-2025)
- 1.5.2 Commercial/Industrial Microgrid
- 1.5.3 Community/Utility Microgrid
- 1.5.4 Campus/Institutional Microgrid
- 1.5.5 Military Microgrid
- 1.5.6 Remote Microgrid
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Microgrid Market Size
- 2.2 Microgrid Growth Trends by Regions
- 2.2.1 Microgrid Market Size by Regions (2014-2025)
- 2.2.2 Microgrid Market Share by Regions (2014-2019)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Microgrid Market Size by Manufacturers
- 3.1.1 Global Microgrid Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Microgrid Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Microgrid Market Concentration Ratio (CR5 and HHI)
- 3.2 Microgrid Key Players Head office and Area Served
- 3.3 Key Players Microgrid Product/Solution/Service
- 3.4 Date of Enter into Microgrid Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Microgrid Market Size by Type (2014-2019)
- 4.2 Global Microgrid Market Size by Application (2014-2019)
5 United States
- 5.1 United States Microgrid Market Size (2014-2019)
- 5.2 Microgrid Key Players in United States
- 5.3 United States Microgrid Market Size by Type
- 5.4 United States Microgrid Market Size by Application
6 Europe
- 6.1 Europe Microgrid Market Size (2014-2019)
- 6.2 Microgrid Key Players in Europe
- 6.3 Europe Microgrid Market Size by Type
- 6.4 Europe Microgrid Market Size by Application
7 China
- 7.1 China Microgrid Market Size (2014-2019)
- 7.2 Microgrid Key Players in China
- 7.3 China Microgrid Market Size by Type
- 7.4 China Microgrid Market Size by Application
8 Japan
- 8.1 Japan Microgrid Market Size (2014-2019)
- 8.2 Microgrid Key Players in Japan
- 8.3 Japan Microgrid Market Size by Type
- 8.4 Japan Microgrid Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Microgrid Market Size (2014-2019)
- 9.2 Microgrid Key Players in Southeast Asia
- 9.3 Southeast Asia Microgrid Market Size by Type
- 9.4 Southeast Asia Microgrid Market Size by Application
10 India
- 10.1 India Microgrid Market Size (2014-2019)
- 10.2 Microgrid Key Players in India
- 10.3 India Microgrid Market Size by Type
- 10.4 India Microgrid Market Size by Application
11 Central & South America
- 11.1 Central & South America Microgrid Market Size (2014-2019)
- 11.2 Microgrid Key Players in Central & South America
- 11.3 Central & South America Microgrid Market Size by Type
- 11.4 Central & South America Microgrid Market Size by Application
12 International Players Profiles
- 12.1 ABB
- 12.1.1 ABB Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Microgrid Introduction
- 12.1.4 ABB Revenue in Microgrid Business (2014-2019)
- 12.1.5 ABB Recent Development
- 12.2 GE
- 12.2.1 GE Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Microgrid Introduction
- 12.2.4 GE Revenue in Microgrid Business (2014-2019)
- 12.2.5 GE Recent Development
- 12.3 Echelon
- 12.3.1 Echelon Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Microgrid Introduction
- 12.3.4 Echelon Revenue in Microgrid Business (2014-2019)
- 12.3.5 Echelon Recent Development
- 12.4 S&C Electric Co
- 12.4.1 S&C Electric Co Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Microgrid Introduction
- 12.4.4 S&C Electric Co Revenue in Microgrid Business (2014-2019)
- 12.4.5 S&C Electric Co Recent Development
- 12.5 Siemens
- 12.5.1 Siemens Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Microgrid Introduction
- 12.5.4 Siemens Revenue in Microgrid Business (2014-2019)
- 12.5.5 Siemens Recent Development
- 12.6 General Microgrids
- 12.6.1 General Microgrids Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Microgrid Introduction
- 12.6.4 General Microgrids Revenue in Microgrid Business (2014-2019)
- 12.6.5 General Microgrids Recent Development
- 12.7 Microgrid Solar
- 12.7.1 Microgrid Solar Company Details
- 12.7.2 Company Description and Business Overview
- 12.7.3 Microgrid Introduction
- 12.7.4 Microgrid Solar Revenue in Microgrid Business (2014-2019)
- 12.7.5 Microgrid Solar Recent Development
- 12.8 Raytheon
- 12.8.1 Raytheon Company Details
- 12.8.2 Company Description and Business Overview
- 12.8.3 Microgrid Introduction
- 12.8.4 Raytheon Revenue in Microgrid Business (2014-2019)
- 12.8.5 Raytheon Recent Development
- 12.9 Sunverge Energy
- 12.9.1 Sunverge Energy Company Details
- 12.9.2 Company Description and Business Overview
- 12.9.3 Microgrid Introduction
- 12.9.4 Sunverge Energy Revenue in Microgrid Business (2014-2019)
- 12.9.5 Sunverge Energy Recent Development
- 12.10 Toshiba
- 12.10.1 Toshiba Company Details
- 12.10.2 Company Description and Business Overview
- 12.10.3 Microgrid Introduction
- 12.10.4 Toshiba Revenue in Microgrid Business (2014-2019)
- 12.10.5 Toshiba Recent Development
- 12.11 NEC
- 12.12 Aquion Energy
- 12.13 EnStorage
- 12.14 SGCC
- 12.15 Moixa
- 12.16 EnSync
- 12.17 Ampard
- 12.18 Green Energy Corp
- 12.19 Growing Energy Labs Inc
- 12.20 HOMER Energy
- 12.21 Spirae, Inc.
13 Market Forecast 2019-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2019-2025)
- 13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
- 15.2 Disclaimer
Summary:
Get latest Market Research Reports on Microgrid . Industry analysis & Market Report on Microgrid is a syndicated market report, published as Global Microgrid Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Microgrid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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