Microgrid Market By Grid Type 2022 | IndustryARC
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Microgrid Market
Microgrid Market: By Grid Type (Grid-Connected, Remote/ Island, Hybrid); By Component (Generation, Switch Gear, Controls, Cables, Software & Services); By Vertical (Government & Education, Residential & Commercial and others) & By Region-Forecast (2016-2022)
Report Code : ESR 0343
Published: 15 September, 2016   20% discount on this report

  • Report Description
  • Table of Contents
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A microgrid can be defined as a group of interconnected loads and distributed energy resources within clearly defined electrical boundaries which acts as a single controllable entity with respect to the grid. A microgrid can connect and disconnect from the grid to enable it to operate in both grid-connected or island-mode. Microgrids can also be intended as back-up power or to bolster the main power grid during periods of heavy demand. Often, microgrids involve multiple energy sources as a way of incorporating renewable power. Other purposes include reducing costs and enhancing reliability. Globally, increasing power demand is expected to remain the key growth driver for microgrids during the period of study.

Microgrid Market

Geographically, North America dominated the microgrid market driven by higher demand and consumption of microgrid components used in its well established electricity distribution network. North America was followed by Asia-Pacific and Europe as second and third largest market for the microgrid market. Asia Pacific is projected to have the fastest growth, owing to increasing demand of rural electrification projects and rapidly growing mining vertical in the Indian market. With the increase in investments, a large number of plants are expected to be set up, which require microgrid solutions for power transmission and distribution, which is directly expected to impact the growth of the overall market in developing nations such as China and India in this region.

This report identifies the microgrid market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the microgrid market.

This report segments the microgrid market on the basis of grid type, component, connector and regional market as follows:

  • Microgrid market research report is classified on the basis of grid type. Some of the major grid types covered in this report are as follows: Grid-Connected, Remote/ Island, Hybrid
  • Microgrid market research report is classified on the basis of component. Some of the major components covered in this report are as follows: Generation, Switch Gear, Controls, Cables, Software & Services
  • Microgrid market research report is classified on the basis of vertical. Some of the major verticals covered in this report are as follows: Government & Education, Residential & Commercial, Industrial, Military, Utility and Others
  • This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region

This report identifies all the major companies operating in the microgrid market. Some of the major companies’ profiles in detail are as follows:
  • ABB Ltd.
  • Eaton Corporation PLC
  • General Electric
  • Siemens AG
  • Exelon Corporation
1. Microgrid Market – Overview
2. Executive Summary
3. Microgrid Market Landscape

   3.1. Market Share Analysis
   3.2. Comparative Analysis
   3.3. Product Benchmarking
   3.4. End User Profiling
   3.5. Top 5 Financials Analysis
4. Microgrid Market– Forces
   4.1. Drivers
      4.1.1. Growing Demand for Scalable and Economic Grid Control
      4.1.2. Cheap and Clean Energy Storage Options
   4.2. Restraints
      4.2.1. High cost of microgrids
   4.3. Opportunities
   4.4. Challenges
   4.5. Porter’s Five Forces Analysis
      4.5.1. Bargaining Power of Suppliers
      4.5.2. Bargaining Power of Buyers
      4.5.3. Threat of New Entrants
      4.5.4. Threat of Substitutes
      4.5.5. Degree of Competition
5. Microgrid Market– Strategic Analysis
   5.1. Value Chain Analysis
   5.2. Pricing Analysis
   5.3. Opportunities Analysis
   5.4. Product/Market Life Cycle Analysis
   5.5. Suppliers and Distributors
6. Microgrid Market, By Grid Type
   6.1. Grid-Connected
   6.2. Remote/ Island
   6.3. Hybrid
7. Microgrid Market, By Component
   7.1. Generation
   7.2. Switch Gear
   7.3. Controls
   7.4. Cables
   7.5. Software & Services
8. Microgrid Market, By Vertical
   8.1. Government & Education
   8.2. Residential & Commercial
   8.3. Industrial
   8.4. Military
   8.5. Utility
   8.6. Others
9. Microgrid Market, By Geography
   9.1. Europe
      9.1.1. Germany
      9.1.2. France
      9.1.3. Italy
      9.1.4. Spain
      9.1.5. Russia
      9.1.6. U.K.
      9.1.7. Rest of Europe
   9.2. Asia Pacific
      9.2.1. China
      9.2.2. India
      9.2.3. Japan
      9.2.4. South Korea
      9.2.5. Rest of Asia-Pacific
   9.3. North America
      9.3.1. U.S.
      9.3.2. Canada
      9.3.3. Mexico
   9.4. Rest of the World (RoW)
      9.4.1. Brazil
      9.4.2. Rest of RoW
10. Microgrid Market – Entropy
   10.1. Expansion
   10.2. Technological Developments
   10.3. Merger & Acquisitions, and Joint Ventures
   10.4. Supply- Contract
11. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
   11.1. ABB Ltd.
   11.2. Eaton Corporation PLC
   11.3. General Electric
   11.4. Siemens AG
   11.5. Exelon Corporation
   11.6. Honeywell International, Inc.
   11.7. NRG Energy, Inc.
   11.8. Anbaric Transmission, Llc
   11.9. Pareto Energy
   11.10. Spirae, Inc.
   11.11. Northern Power Systems Corp
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
12. Appendix

   12.1. Abbreviations
   12.2. Sources
   12.3. Research Methodology
   12.4. Bibliography
   12.5. Compilation of Expert Insights
   12.6. Disclaimer
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