Microgrid Market 2027 By Type, Components, End-Use Industry and Geography | The Insight Partners

Microgrid Market to 2027 - Global Analysis and Forecasts by Type (Grid Connected, Off-Grid); Components (Hardware, Software, Services); End-Use Industry (Military, Healthcare, Government and Utilities, Institutes, Industrial, Others) and Geography

Report Code: TIPTE100000927 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

MARKET INTRODUCTION

The microgrids are small-scale power grids which operate both individually or in collaboration with other small power-grids to generate power locally. Microgrids are used to provide backup power or supplement the primary power grid during periods of high demand. These grids are known to effectively integrate various sources of distributed generation, including renewable sources such as photovoltaic, wind and fuel cell generation. Microgrids significantly reduce the transmission losses and also reduce dependence on long-distance transmission lines besides cutting losses during transmission.

MARKET DYNAMICS

The microgrid market is anticipated to grow in the forecast period owing to driving factors such as high demands for reliable and secure power supply across the globe, coupled with the rapid industrialization. Also, government initiatives to reduce carbon footprint owing to cheap and clean energy storage are further expected to boom the microgrid market. However, high installation and maintenance costs may hamper the overall growth of the microgrid market. Nonetheless, the enhancement of microgrid connectivity through IoT is expected to accelerate the growth of the microgrid market during the forecast period.

MARKET SCOPE

The "Global Microgrid Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of microgrid market with detailed market segmentation by type, components, end-use industry and geography. The global microgrid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading microgrid market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global microgrid market is segmented on the basis of type, components and end-use industry. Based on type, the market is segmented as grid connected and off-grid. On the basis of the components, the market is segmented as hardware, software and services. The market on the basis of the end-use industry is classified as military, healthcare, government & utilities, institutes, industrial and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global microgrid market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The microgrid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting microgrid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the microgrid market in these regions.

MARKET PLAYERS

The reports cover key developments in the microgrid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from microgrid market are anticipated to lucrative growth opportunities in the future with the rising demand for microgrid in the global market. Below mentioned is the list of few companies engaged in the microgrid market.

The report also includes the profiles of key microgrid companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  • ABB Group
  • Eaton Corporation
  • General Electric Company
  • HOMER Energy LLC
  • Honeywell International
  • PECO (Exelon Corporation)
  • Power Analytics Corporation
  • S&C Electric Company
  • Schneider Electric
  • Siemens AG



The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Microgrid Market - By Type
1.3.2 Microgrid Market - By Components
1.3.3 Microgrid Market - By End-Use Industry
1.3.4 Microgrid Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MICROGRID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. MICROGRID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MICROGRID MARKET - GLOBAL MARKET ANALYSIS
6.1. MICROGRID - GLOBAL MARKET OVERVIEW
6.2. MICROGRID - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. MICROGRID MARKET - REVENUE AND FORECASTS TO 2027 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. GRID CONNECTED
7.3.1. Overview
7.3.2. Grid Connected Market Forecast and Analysis
7.4. OFF-GRID
7.4.1. Overview
7.4.2. Off-Grid Market Forecast and Analysis
8. MICROGRID MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENTS
8.1. OVERVIEW
8.2. COMPONENTS MARKET FORECASTS AND ANALYSIS
8.3. HARDWARE
8.3.1. Overview
8.3.2. Hardware Market Forecast and Analysis
8.3.3. Switchgear Market
8.3.3.1. Overview
8.3.3.2. Switchgear Market Forecast and Analysis
8.3.4. Power Inverter Market
8.3.4.1. Overview
8.3.4.2. Power Inverter Market Forecast and Analysis
8.3.5. Smart Meter Market
8.3.5.1. Overview
8.3.5.2. Smart Meter Market Forecast and Analysis
8.3.6. Reciprocating Engine Market
8.3.6.1. Overview
8.3.6.2. Reciprocating Engine Market Forecast and Analysis
8.3.7. Energy Storage System and Power Generator Market
8.3.7.1. Overview
8.3.7.2. Energy Storage System and Power Generator Market Forecast and Analysis
8.4. SOFTWARE
8.4.1. Overview
8.4.2. Software Market Forecast and Analysis
8.5. SERVICES
8.5.1. Overview
8.5.2. Services Market Forecast and Analysis
9. MICROGRID MARKET - REVENUE AND FORECASTS TO 2027 - END-USE INDUSTRY
9.1. OVERVIEW
9.2. END-USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. MILITARY
9.3.1. Overview
9.3.2. Military Market Forecast and Analysis
9.4. HEALTHCARE
9.4.1. Overview
9.4.2. Healthcare Market Forecast and Analysis
9.5. GOVERNMENT AND UTILITIES
9.5.1. Overview
9.5.2. Government and Utilities Market Forecast and Analysis
9.6. INSTITUTES
9.6.1. Overview
9.6.2. Institutes Market Forecast and Analysis
9.7. INDUSTRIAL
9.7.1. Overview
9.7.2. Industrial Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis

10. MICROGRID MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Microgrid Market Overview
10.1.2 North America Microgrid Market Forecasts and Analysis
10.1.3 North America Microgrid Market Forecasts and Analysis - By Type
10.1.4 North America Microgrid Market Forecasts and Analysis - By Components
10.1.5 North America Microgrid Market Forecasts and Analysis - By End-Use Industry
10.1.6 North America Microgrid Market Forecasts and Analysis - By Countries
10.1.6.1 United States Microgrid Market
10.1.6.1.1 United States Microgrid Market by Type
10.1.6.1.2 United States Microgrid Market by Components
10.1.6.1.3 United States Microgrid Market by End-Use Industry
10.1.6.2 Canada Microgrid Market
10.1.6.2.1 Canada Microgrid Market by Type
10.1.6.2.2 Canada Microgrid Market by Components
10.1.6.2.3 Canada Microgrid Market by End-Use Industry
10.1.6.3 Mexico Microgrid Market
10.1.6.3.1 Mexico Microgrid Market by Type
10.1.6.3.2 Mexico Microgrid Market by Components
10.1.6.3.3 Mexico Microgrid Market by End-Use Industry
10.2. EUROPE
10.2.1 Europe Microgrid Market Overview
10.2.2 Europe Microgrid Market Forecasts and Analysis
10.2.3 Europe Microgrid Market Forecasts and Analysis - By Type
10.2.4 Europe Microgrid Market Forecasts and Analysis - By Components
10.2.5 Europe Microgrid Market Forecasts and Analysis - By End-Use Industry
10.2.6 Europe Microgrid Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Microgrid Market
10.2.6.1.1 Germany Microgrid Market by Type
10.2.6.1.2 Germany Microgrid Market by Components
10.2.6.1.3 Germany Microgrid Market by End-Use Industry
10.2.6.2 France Microgrid Market
10.2.6.2.1 France Microgrid Market by Type
10.2.6.2.2 France Microgrid Market by Components
10.2.6.2.3 France Microgrid Market by End-Use Industry
10.2.6.3 Italy Microgrid Market
10.2.6.3.1 Italy Microgrid Market by Type
10.2.6.3.2 Italy Microgrid Market by Components
10.2.6.3.3 Italy Microgrid Market by End-Use Industry
10.2.6.4 United Kingdom Microgrid Market
10.2.6.4.1 United Kingdom Microgrid Market by Type
10.2.6.4.2 United Kingdom Microgrid Market by Components
10.2.6.4.3 United Kingdom Microgrid Market by End-Use Industry
10.2.6.5 Russia Microgrid Market
10.2.6.5.1 Russia Microgrid Market by Type
10.2.6.5.2 Russia Microgrid Market by Components
10.2.6.5.3 Russia Microgrid Market by End-Use Industry
10.2.6.6 Rest of Europe Microgrid Market
10.2.6.6.1 Rest of Europe Microgrid Market by Type
10.2.6.6.2 Rest of Europe Microgrid Market by Components
10.2.6.6.3 Rest of Europe Microgrid Market by End-Use Industry
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Microgrid Market Overview
10.3.2 Asia-Pacific Microgrid Market Forecasts and Analysis
10.3.3 Asia-Pacific Microgrid Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Microgrid Market Forecasts and Analysis - By Components
10.3.5 Asia-Pacific Microgrid Market Forecasts and Analysis - By End-Use Industry
10.3.6 Asia-Pacific Microgrid Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Microgrid Market
10.3.6.1.1 Australia Microgrid Market by Type
10.3.6.1.2 Australia Microgrid Market by Components
10.3.6.1.3 Australia Microgrid Market by End-Use Industry
10.3.6.2 China Microgrid Market
10.3.6.2.1 China Microgrid Market by Type
10.3.6.2.2 China Microgrid Market by Components
10.3.6.2.3 China Microgrid Market by End-Use Industry
10.3.6.3 India Microgrid Market
10.3.6.3.1 India Microgrid Market by Type
10.3.6.3.2 India Microgrid Market by Components
10.3.6.3.3 India Microgrid Market by End-Use Industry
10.3.6.4 Japan Microgrid Market
10.3.6.4.1 Japan Microgrid Market by Type
10.3.6.4.2 Japan Microgrid Market by Components
10.3.6.4.3 Japan Microgrid Market by End-Use Industry
10.3.6.5 South Korea Microgrid Market
10.3.6.5.1 South Korea Microgrid Market by Type
10.3.6.5.2 South Korea Microgrid Market by Components
10.3.6.5.3 South Korea Microgrid Market by End-Use Industry
10.3.6.6 Rest of Asia-Pacific Microgrid Market
10.3.6.6.1 Rest of Asia-Pacific Microgrid Market by Type
10.3.6.6.2 Rest of Asia-Pacific Microgrid Market by Components
10.3.6.6.3 Rest of Asia-Pacific Microgrid Market by End-Use Industry
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Microgrid Market Overview
10.4.2 Middle East and Africa Microgrid Market Forecasts and Analysis
10.4.3 Middle East and Africa Microgrid Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Microgrid Market Forecasts and Analysis - By Components
10.4.5 Middle East and Africa Microgrid Market Forecasts and Analysis - By End-Use Industry
10.4.6 Middle East and Africa Microgrid Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Microgrid Market
10.4.6.1.1 South Africa Microgrid Market by Type
10.4.6.1.2 South Africa Microgrid Market by Components
10.4.6.1.3 South Africa Microgrid Market by End-Use Industry
10.4.6.2 Saudi Arabia Microgrid Market
10.4.6.2.1 Saudi Arabia Microgrid Market by Type
10.4.6.2.2 Saudi Arabia Microgrid Market by Components
10.4.6.2.3 Saudi Arabia Microgrid Market by End-Use Industry
10.4.6.3 U.A.E Microgrid Market
10.4.6.3.1 U.A.E Microgrid Market by Type
10.4.6.3.2 U.A.E Microgrid Market by Components
10.4.6.3.3 U.A.E Microgrid Market by End-Use Industry
10.4.6.4 Rest of Middle East and Africa Microgrid Market
10.4.6.4.1 Rest of Middle East and Africa Microgrid Market by Type
10.4.6.4.2 Rest of Middle East and Africa Microgrid Market by Components
10.4.6.4.3 Rest of Middle East and Africa Microgrid Market by End-Use Industry
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Microgrid Market Overview
10.5.2 South and Central America Microgrid Market Forecasts and Analysis
10.5.3 South and Central America Microgrid Market Forecasts and Analysis - By Type
10.5.4 South and Central America Microgrid Market Forecasts and Analysis - By Components
10.5.5 South and Central America Microgrid Market Forecasts and Analysis - By End-Use Industry
10.5.6 South and Central America Microgrid Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Microgrid Market
10.5.6.1.1 Brazil Microgrid Market by Type
10.5.6.1.2 Brazil Microgrid Market by Components
10.5.6.1.3 Brazil Microgrid Market by End-Use Industry
10.5.6.2 Argentina Microgrid Market
10.5.6.2.1 Argentina Microgrid Market by Type
10.5.6.2.2 Argentina Microgrid Market by Components
10.5.6.2.3 Argentina Microgrid Market by End-Use Industry
10.5.6.3 Rest of South and Central America Microgrid Market
10.5.6.3.1 Rest of South and Central America Microgrid Market by Type
10.5.6.3.2 Rest of South and Central America Microgrid Market by Components
10.5.6.3.3 Rest of South and Central America Microgrid Market by End-Use Industry

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. MICROGRID MARKET, KEY COMPANY PROFILES
12.1. ABB GROUP
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. EATON CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GENERAL ELECTRIC COMPANY
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HOMER ENERGY LLC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HONEYWELL INTERNATIONAL
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. PECO (EXELON CORPORATION)
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. POWER ANALYTICS CORPORATION
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. S AND C ELECTRIC COMPANY
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SCHNEIDER ELECTRIC
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. SIEMENS AG
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS

 

The List of Companies

1. ABB Group
2. Eaton Corporation
3. General Electric Company
4. HOMER Energy LLC
5. Honeywell International
6. PECO (Exelon Corporation)
7. Power Analytics Corporation
8. S and C Electric Company
9. Schneider Electric
10. Siemens AG