Report Detail
Global Microgrid Technology Market Size, Status and Forecast 2019-2025
- RnM3115756 |
- 15 March, 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.
Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.
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 Technology market size was 11400 million US$ and it is expected to reach 32200 million US$ by the end of 2025, with a CAGR of 13.9% during 2019-2025.
This report focuses on the global Microgrid Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Microgrid Technology development in United States, Europe and China.
The key players covered in this study
ABB
GE
Echelon
S&C Electric
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
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 Technology status, future forecast, growth opportunity, key market and key players.
To present the Microgrid Technology 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 Technology 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 Technology 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 Technology 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 Technology Market Size
- 2.2 Microgrid Technology Growth Trends by Regions
- 2.2.1 Microgrid Technology Market Size by Regions (2014-2025)
- 2.2.2 Microgrid Technology 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 Technology Market Size by Manufacturers
- 3.1.1 Global Microgrid Technology Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Microgrid Technology Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Microgrid Technology Market Concentration Ratio (CR5 and HHI)
- 3.2 Microgrid Technology Key Players Head office and Area Served
- 3.3 Key Players Microgrid Technology Product/Solution/Service
- 3.4 Date of Enter into Microgrid Technology Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Microgrid Technology Market Size by Type (2014-2019)
- 4.2 Global Microgrid Technology Market Size by Application (2014-2019)
5 United States
- 5.1 United States Microgrid Technology Market Size (2014-2019)
- 5.2 Microgrid Technology Key Players in United States
- 5.3 United States Microgrid Technology Market Size by Type
- 5.4 United States Microgrid Technology Market Size by Application
6 Europe
- 6.1 Europe Microgrid Technology Market Size (2014-2019)
- 6.2 Microgrid Technology Key Players in Europe
- 6.3 Europe Microgrid Technology Market Size by Type
- 6.4 Europe Microgrid Technology Market Size by Application
7 China
- 7.1 China Microgrid Technology Market Size (2014-2019)
- 7.2 Microgrid Technology Key Players in China
- 7.3 China Microgrid Technology Market Size by Type
- 7.4 China Microgrid Technology Market Size by Application
8 Japan
- 8.1 Japan Microgrid Technology Market Size (2014-2019)
- 8.2 Microgrid Technology Key Players in Japan
- 8.3 Japan Microgrid Technology Market Size by Type
- 8.4 Japan Microgrid Technology Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Microgrid Technology Market Size (2014-2019)
- 9.2 Microgrid Technology Key Players in Southeast Asia
- 9.3 Southeast Asia Microgrid Technology Market Size by Type
- 9.4 Southeast Asia Microgrid Technology Market Size by Application
10 India
- 10.1 India Microgrid Technology Market Size (2014-2019)
- 10.2 Microgrid Technology Key Players in India
- 10.3 India Microgrid Technology Market Size by Type
- 10.4 India Microgrid Technology Market Size by Application
11 Central & South America
- 11.1 Central & South America Microgrid Technology Market Size (2014-2019)
- 11.2 Microgrid Technology Key Players in Central & South America
- 11.3 Central & South America Microgrid Technology Market Size by Type
- 11.4 Central & South America Microgrid Technology 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 Technology Introduction
- 12.1.4 ABB Revenue in Microgrid Technology 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 Technology Introduction
- 12.2.4 GE Revenue in Microgrid Technology 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 Technology Introduction
- 12.3.4 Echelon Revenue in Microgrid Technology Business (2014-2019)
- 12.3.5 Echelon Recent Development
- 12.4 S&C Electric
- 12.4.1 S&C Electric Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Microgrid Technology Introduction
- 12.4.4 S&C Electric Revenue in Microgrid Technology Business (2014-2019)
- 12.4.5 S&C Electric Recent Development
- 12.5 Siemens
- 12.5.1 Siemens Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Microgrid Technology Introduction
- 12.5.4 Siemens Revenue in Microgrid Technology 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 Technology Introduction
- 12.6.4 General Microgrids Revenue in Microgrid Technology 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 Technology Introduction
- 12.7.4 Microgrid Solar Revenue in Microgrid Technology 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 Technology Introduction
- 12.8.4 Raytheon Revenue in Microgrid Technology 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 Technology Introduction
- 12.9.4 Sunverge Energy Revenue in Microgrid Technology 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 Technology Introduction
- 12.10.4 Toshiba Revenue in Microgrid Technology 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
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 Technology . Industry analysis & Market Report on Microgrid Technology is a syndicated market report, published as Global Microgrid Technology Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Microgrid Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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