Report Detail
Global Microgrid Market Growth (Status and Outlook) 2019-2024
- RnM2930432 |
- 12 February, 2019 |
- Global |
- 157 Pages |
- LPI(LP Information) |
- 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.
According to this study, over the next five years the Microgrid market will register a 15.0% CAGR in terms of revenue, the global market size will reach US$ 26300 million by 2024, from US$ 11400 million in 2019. In particular, this report presents the global revenue market share of key companies in Microgrid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Microgrid market by product type, application, key companies and key regions.
This study considers the Microgrid value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Grid-Tied Type Microgrid
Independent Type Microgrid
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Microgrid market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Microgrid market by identifying its various subsegments.
Focuses on the key global Microgrid players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Microgrid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Microgrid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Microgrid Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Microgrid Market Size 2014-2024
- 2.1.2 Microgrid Market Size CAGR by Region
- 2.2 Microgrid Segment by Type
- 2.2.1 Grid-Tied Type Microgrid
- 2.2.2 Independent Type Microgrid
- 2.3 Microgrid Market Size by Type
- 2.3.1 Global Microgrid Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Microgrid Market Size Growth Rate by Type (2014-2019)
- 2.4 Microgrid Segment by Application
- 2.4.1 Commercial/Industrial Microgrid
- 2.4.2 Community/Utility Microgrid
- 2.4.3 Campus/Institutional Microgrid
- 2.4.4 Military Microgrid
- 2.4.5 Remote Microgrid
- 2.5 Microgrid Market Size by Application
- 2.5.1 Global Microgrid Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Microgrid Market Size Growth Rate by Application (2014-2019)
3 Global Microgrid by Players
- 3.1 Global Microgrid Market Size Market Share by Players
- 3.1.1 Global Microgrid Market Size by Players (2017-2019)
- 3.1.2 Global Microgrid Market Size Market Share by Players (2017-2019)
- 3.2 Global Microgrid Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Microgrid by Regions
- 4.1 Microgrid Market Size by Regions
- 4.2 Americas Microgrid Market Size Growth
- 4.3 APAC Microgrid Market Size Growth
- 4.4 Europe Microgrid Market Size Growth
- 4.5 Middle East & Africa Microgrid Market Size Growth
5 Americas
- 5.1 Americas Microgrid Market Size by Countries
- 5.2 Americas Microgrid Market Size by Type
- 5.3 Americas Microgrid Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Microgrid Market Size by Countries
- 6.2 APAC Microgrid Market Size by Type
- 6.3 APAC Microgrid Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Microgrid by Countries
- 7.2 Europe Microgrid Market Size by Type
- 7.3 Europe Microgrid Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Microgrid by Countries
- 8.2 Middle East & Africa Microgrid Market Size by Type
- 8.3 Middle East & Africa Microgrid Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Microgrid Market Forecast
- 10.1 Global Microgrid Market Size Forecast (2019-2024)
- 10.2 Global Microgrid Forecast by Regions
- 10.2.1 Global Microgrid Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Microgrid Forecast by Type
- 10.8 Global Microgrid Forecast by Application
11 Key Players Analysis
- 11.1 ABB
- 11.1.1 Company Details
- 11.1.2 Microgrid Product Offered
- 11.1.3 ABB Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 ABB News
- 11.2 GE
- 11.2.1 Company Details
- 11.2.2 Microgrid Product Offered
- 11.2.3 GE Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 GE News
- 11.3 Echelon
- 11.3.1 Company Details
- 11.3.2 Microgrid Product Offered
- 11.3.3 Echelon Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Echelon News
- 11.4 S&C Electric Co
- 11.4.1 Company Details
- 11.4.2 Microgrid Product Offered
- 11.4.3 S&C Electric Co Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 S&C Electric Co News
- 11.5 Siemens
- 11.5.1 Company Details
- 11.5.2 Microgrid Product Offered
- 11.5.3 Siemens Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Siemens News
- 11.6 General Microgrids
- 11.6.1 Company Details
- 11.6.2 Microgrid Product Offered
- 11.6.3 General Microgrids Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 General Microgrids News
- 11.7 Microgrid Solar
- 11.7.1 Company Details
- 11.7.2 Microgrid Product Offered
- 11.7.3 Microgrid Solar Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 Microgrid Solar News
- 11.8 Raytheon
- 11.8.1 Company Details
- 11.8.2 Microgrid Product Offered
- 11.8.3 Raytheon Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Raytheon News
- 11.9 Sunverge Energy
- 11.9.1 Company Details
- 11.9.2 Microgrid Product Offered
- 11.9.3 Sunverge Energy Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.9.4 Main Business Overview
- 11.9.5 Sunverge Energy News
- 11.10 Toshiba
- 11.10.1 Company Details
- 11.10.2 Microgrid Product Offered
- 11.10.3 Toshiba Microgrid Revenue, Gross Margin and Market Share (2017-2019)
- 11.10.4 Main Business Overview
- 11.10.5 Toshiba News
- 11.11 NEC
- 11.12 Aquion Energy
- 11.13 EnStorage
- 11.14 SGCC
- 11.15 Moixa
- 11.16 EnSync
- 11.17 Ampard
- 11.18 Green Energy Corp
- 11.19 Growing Energy Labs Inc
- 11.20 HOMER Energy
- 11.21 Spirae, Inc.
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Microgrid . Industry analysis & Market Report on Microgrid is a syndicated market report, published as Global Microgrid Market Growth (Status and Outlook) 2019-2024. 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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