 Global Microgrid Market 2019 by Company, Regions, Type and Application, Forecast to 2024
      Global Microgrid Market 2019 by Company, Regions, Type and Application, Forecast to 2024Microgrid 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.
Scope of the Report:
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.
The global Microgrid market is valued at 11400 million USD in 2018 and is expected to reach 26300 million USD by the end of 2024, growing at a CAGR of 15.0% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Microgrid.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Microgrid market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Microgrid market by product type and applications/end industries.
Market Segment by Companies, this report covers
    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 Regions, regional analysis covers 
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
    Grid-Tied Type Microgrid
    Independent Type Microgrid
Market Segment by Applications, can be divided into
    Commercial/Industrial Microgrid
    Community/Utility Microgrid
    Campus/Institutional Microgrid
    Military Microgrid
    Remote Microgrid
Summary: 
Get latest Market Research Reports on Microgrid. Industry analysis & Market Report on Microgrid is a syndicated market report, published as Global Microgrid Market 2019 by Company, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Microgrid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.