A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there's an interruption on the main grid. It draws on distributed energy resources, like solar power, to serve customers within the microgrid footprint. These benefits extend to surrounding communities, with reliable energy allowing better access to food, supplies and public services. According to our (Global Info Research) latest study, the global Microgrid market size was valued at USD 29580 million in 2022 and is forecast to a readjusted size of USD 62300 million by 2029 with a CAGR of 11.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global microgrid key players include ABB, NEC, GE, Aquion Energy, Echelon, etc. Global top 5 players hold a share about 25%. North America is the largest market, with a share about 41%, followed by Asia-Pacific, having a total share about 40 percent. In terms of product, grid-tied is the largest segment, with a share about 78%. And in terms of application, the largest application is commercial or industrial microgrid. This report is a detailed and comprehensive analysis for global Microgrid market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided. Key Features: Global Microgrid market size and forecasts, in consumption value ($ Million), 2018-2029 Global Microgrid market size and forecasts by region and country, in consumption value ($ Million), 2018-2029 Global Microgrid market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029 Global Microgrid market shares of main players, in revenue ($ Million), 2018-2023 The Primary Objectives in This Report Are: To determine the size of the total market opportunity of global and key countries To assess the growth potential for Microgrid To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Microgrid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, NEC, GE, Aquion Energy and Echelon, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation Microgrid market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Grid-Tied Independent Market segment by Application Commercial or Industrial Microgrid Community or Utility Microgrid Campus or Institutional Microgrid Military Microgrid Remote Microgrid Market segment by players, this report covers ABB NEC GE Aquion Energy Echelon Raytheon SandC Electric Co Eaton Corporation Sunverge Energy Siemens Toshiba General Microgrids Lockheed Martin Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa) The content of the study subjects, includes a total of 13 chapters: Chapter 1, to describe Microgrid product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top players of Microgrid, with revenue, gross margin and global market share of Microgrid from 2018 to 2023. Chapter 3, the Microgrid competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast. Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029. Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Microgrid market forecast, by regions, type and application, with consumption value, from 2024 to 2029. Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War Chapter 12, the key raw materials and key suppliers, and industry chain of Microgrid. Chapter 13, to describe Microgrid research findings and conclusion.
1 Market Overview 1.1 Product Overview and Scope of Microgrid 1.2 Market Estimation Caveats and Base Year 1.3 Classification of Microgrid by Type 1.3.1 Overview: Global Microgrid Market Size by Type: 2018 Versus 2022 Versus 2029 1.3.2 Global Microgrid Consumption Value Market Share by Type in 2022 1.3.3 Grid-Tied 1.3.4 Independent 1.4 Global Microgri
