0 CHECKOUT

Microgrid Market by Grid Type, Component, Power Source, Vertical and Geography - Global Forecast to 2022

  • ID: 3635648
  • March 2016
  • Region: Global
  • 156 pages
  • Markets and Markets
1 of 4
The Microgrid Market is Expected to Reach USD 34.94 Billion by 2022 at a CAGR of 10.9% between 2016 and 2022

FEATURED COMPANIES

  • Abb Ltd.
  • Anbaric Transmission, Llc
  • Eaton Corporation PLC
  • Exelon Corporation
  • General Electric
  • NRG Energy, Inc.
  • MORE

“The microgrid market expected to grow at a CAGR of 10.9%”

The microgrid market is expected to reach USD 34.94 billion by 2022, at a CAGR of 10.9% between 2016 and 2022. Growing demand for scalable and economic grid controls, cheap and clean energy storage options, and shift towards remote grids in the military segment are the factors driving the microgrid market positively.

“Remote/ island grid-type is in the growth phase; while, hybrid grid-type is in the introductory phase”

In the microgrid market, remote/ island grid-type is estimated to grow at a significant pace during the forecast period. Hybrid grid-type which operates using multiple power sources are trying to gain traction in the market. Presently, the use of remote grid-type is increasing owing to the launch of programs focused on demonstrating and subsidizing solar farm projects in Asian & African countries, such as India, China, Japan, Australia, South Korea, and countries in Africa among others.

“The market in APAC is expected to grow at the highest rate in the microgrid market”

The market in APAC is expected to grow at the highest CAGR between READ MORE >

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Abb Ltd.
  • Anbaric Transmission, Llc
  • Eaton Corporation PLC
  • Exelon Corporation
  • General Electric
  • NRG Energy, Inc.
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown And Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions
3 Executive Summary
4 Premium Insight
4.1 Increasing Opportunities In The Residential & Commercial Vertical Is Expected To Drive The Microgrid Market During The Forecast Period
4.2 Microgrid Market: By Grid Type, In Terms Of Capacity
4.3 China Dominates The Overall Microgrid Market In 2015
4.4 Americas Held The Largest Market Share In The Microgrid Market In 2015
4.5 Renewable Power Source In Microgrid Market
4.6 Life Cycle Analysis, By Geography
5 Market Overview
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand For Scalable And Economic Grid Control
5.2.1.2 Cheap And Clean Energy Storage Options
5.2.1.3 Shift Towards Remote Grids In The Military Segment
5.2.2 Restraints
5.2.2.1 High Cost Of Microgrids
5.2.3 Opportunities
5.2.3.1 Rural Electrification Projects In Africa And APAC
5.2.4 Challenges
5.2.4.1 Complex Planning And Design
5.2.4.2 Policy, Regulation And Standards
5.2.4.3 Lack Of Proper Training
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’S Five Forces Analysis
6.3.1 Intensity Of Competitive Rivalry
6.3.2 Threat Of Substitutes
6.3.3 Bargaining Power Of Buyers
6.3.4 Bargaining Power Of Suppliers
6.3.5 Threat Of New Entrants
6.4 Regulatory Landscape
7 Microgrid Market, By Grid Type
7.1 Introduction
7.2 Grid-Connected Type
7.3 Remote/ Island Type
7.4 Hybrid Type
8 Microgrid Market, By Component
8.1 Introduction
8.2 Generation
8.3 Switch Gear
8.4 Controls
8.5 Cable
8.6 Software & Services
9 Microgrid Market, By Power Source
9.1 Introduction
9.2 Fuel Cell
9.3 Chp
9.4 Renewables
9.4.1 Pv Cells
9.4.2 Wind-Based
9.4.3 Others
10 Microgrid Market, By Vertical
10.1 Introduction
10.2 Government & Education
10.2.1 Institution & Research Organization
10.2.2 Government Organization
10.3 Residential & Commercial
10.3.1 Residential
10.3.2 Healthcare
10.3.3 Others
10.4 Industrial
10.5 Military
10.6 Utility
11 Geographic Analysis
11.1 Introduction
11.2 Americas
11.2.1 North America
11.2.1.1 Northeast Blackout Of 2003 Is One Of The Factors Which Created The Need For Implementing Microgrids In North America
11.2.1.2 U.S.
11.2.1.2.1 The Market In The U.S. Undergoing Changes And Developments Especially In The Power Supply Sector
11.2.1.3 Rest Of North America
11.2.2 Latin America
11.2.2.1 Increased Support And Adoption Of Renewable Power Grids Observed Recently In The Market In Latin America
11.2.2.2 Brazil
11.2.2.2.1 A Highly Potential Country For Microgrid Deployment
11.2.2.3 Rest Of Latin America
11.3 Europe
11.3.1 Western Europe
11.3.1.1 Support Schemes Initiated By The Renewable Energy Act In Europe Help To Promote Adoption Of Microgrids
11.3.1.2 Germany
11.3.1.2.1 Heavy Investments Being Carried Out In The Microgrid Market In Germany Beyond F.I.T Schemes
11.3.1.3 France
11.3.1.3.1 The Microgrid Market In France Expected To Grow Moderately During The Forecast Period
11.3.1.4 U.K.
11.3.1.4.1 The U.K.: One Of The Leading Market For Microgrids In Western Europe
11.3.1.5 Rest Of Western Europe
11.3.2 Eastern Europe
11.3.2.1 Russia
11.3.2.1.1 Russia: Huge Potential Market For Off-Grid Systems
11.3.2.2 Rest Of Eastern Europe
11.3.3 Rest Of Europe
11.3.3.1 Growing Interest For Improved Power Quality Is Leading The Market In Rest Of Europe Towards Microgrids
11.4 APAC
11.4.1 Development Of The Industrial Sector And Power Infrastructure Is Also Expected To Drive The Microgrid Market In APAC
11.4.2 India
11.4.2.1 The Government Of India To Develop Nine High Capacity Green Transmission Corridors
11.4.3 China
11.4.3.1 China: Leading Country In The Global Microgrid Market
11.4.4 Australia
11.4.4.1 Several Initiatives Being Taken Up By Arena To Drive The Pv Cells Market
11.4.5 Rest Of APAC
11.4.5.1 The Indonesian Government-Led Initiative To Build Energy-Independent Islands
11.5 Rest Of The World
11.5.1 Heavy Investments Being Made By India And China In The Row Mining Market
11.5.2 Middle East
11.5.2.1 Deployment Of Microgrids In Middle East Countries To Increase In The Long Run
11.5.3 Africa
11.5.3.1 Increasing Number Of Rural Electrification Projects In Africa
12 Competitive Landscape
12.1 Overview
12.2 Market Ranking For Microgrid Market
12.3 Competitive Scenario
12.4 Recent Developments
12.4.1 Partnership/ Collaboration/ Agreement
12.4.2 New Product Launches
12.4.3 Expansions
12.4.4 Mergers & Acquisitions
13 Company Profiles
(Overview, Products And Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Abb Ltd.
13.3 Eaton Corporation PLC
13.4 General Electric
13.5 Siemens Ag
13.6 Exelon Corporation
13.7 Honeywell International, Inc.
13.8 Nrg Energy, Inc.
13.9 Anbaric Transmission, Llc
13.10 Pareto Energy
13.11 Spirae, Inc.
13.12 Northern Power Systems Corp.
*Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured In Case Of Unlisted Companies.
14 Appendix
14.1 Insights Of Industry Experts

List of Tables

Table 1 Microgrid Market Segmentation, By Grid Type
Table 2 Microgrid Market Segmentation, By Component
Table 3 Microgrid Market Segmentation, By Power Source
Table 4 Microgrid Market Segmentation, By Vertical
Table 5 Increase In Demand For Scalable And Economic Grid Control Is Propelling The Growth Of Microgrid Market During The Forecast Period
Table 6 High Financial Cost Of Distributed Energy Resources To Act As A Restraint For The Microgrid Market
Table 7 Increase In The Number Of Rural Electrification Projects Is A Huge Opportunity For The Microgrid Market
Table 8 Function & Stakeholders In A Microgrid Value Chain
Table 9 Porter’S Five Forces Analysis: Threat Of Substitutes Likely To Have Minimum Impact On The Overall Market
Table 10 Microgrid Market: Regulatory Landscape
Table 11 Microgrid Market, By Grid Type, 2013 - 2022 (USD Billion)
Table 12 Microgrid Market, By Grid Type, 2013 - 2022 (In Gw)
Table 13 Market For Grid-Connected Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 14 Government & Education: Market For Grid-Connected Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 15 Residential & Commercial: Market For Grid-Connected Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 16 Market For Remote/ Island Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 17 Government & Education: Market For Remote/ Island Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 18 Residential & Commercial: Market For Remote/ Island Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 19 Market For Hybrid Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 20 Government & Education: Market For Hybrid Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 21 Residential & Commercial: Market For Hybrid Microgrids, By Vertical, 2013 - 2022 (USD Billion)
Table 22 Microgrid Market, By Component, 2013 - 2022 (USD Billion)
Table 23 Microgrid Market, By Power Source, 2013 - 2022 (USD Billion)
Table 24 Microgrid Market, By Power Source, 2013 - 2022 (In Gw)
Table 25 Market For Fuel Cell Of Power Source, By Region, 2013 - 2022 (USD Billion)
Table 26 Market For Chp Of Power Source, By Region, 2013 - 2022 (USD Billion)
Table 27 Microgrid Market, By Renewable Power Source, 2013 - 2022 (USD Billion)
Table 28 Microgrid Market, By Renewable Power Source, 2013 - 2022 (In Gw)
Table 29 Market For Renewables Of Power Source, By Region, 2013 - 2022 (USD Billion)
Table 30 Market For Pv Cells Of Renewables, By Region, 2013 - 2022 (USD Billion)
Table 31 Market For Wind-Based Source Of Renewables, By Region, 2013 - 2022 (USD Billion)
Table 32 Market For Others Of Renewables, By Region, 2013 - 2022 (USD Billion)
Table 33 Microgrid Market, By Vertical, 2013 - 2022 (USD Billion)
Table 34 Microgrid Market, By Government And Education Vertical, 2013 - 2022 (USD Billion)
Table 35 Market For Government & Education Vertical Of Microgrids, By Grid Type, 2013 - 2022 (USD Billion)
Table 36 Market For Government & Education Vertical Of Microgrids, By Region, 2013 - 2022 (USD Billion)
Table 37 Market For Institution & Research Vertical Of Government & Education, By Grid Type, 2013 - 2022 (USD Billion)
Table 38 Market For Government Organization Vertical Of Government & Education, By Grid Type, 2013 - 2022 (USD Billion)
Table 39 Microgrid Market, By Residential & Commercial Vertical, 2013 - 2022 (USD Billion)
Table 40 Market For Residential & Commercial Vertical Of Microgrids, By Grid Type, 2013 - 2022 (USD Billion)
Table 41 Market For Residential & Commercial Vertical Of Microgrids, By Region, 2013 - 2022 (USD Billion)
Table 42 Market For Residential Vertical Of Residential & Commercial, By Grid Type, 2013 - 2022 (USD Billion)
Table 43 Market For Healthcare Vertical Of Residential & Commercial, By Grid Type, 2013 - 2022 (USD Billion)
Table 44 Market For Others Of Residential & Commercial Vertical, By Grid Type, 2013 - 2022 (USD Billion)
Table 45 Microgrid Market, By Industrial Vertical, 2013 - 2022 (USD Billion)
Table 46 Market For Industrial Vertical Of Microgrids, By Region, 2013 - 2022 (USD Billion)
Table 47 Microgrid Market, By Military Vertical, 2013 - 2022 (USD Billion)
Table 48 Market For Military Vertical Of Microgrids, By Region, 2013 - 2022 (USD Billion)
Table 49 Microgrid Market, By Utility Vertical, 2013 - 2022 (USD Billion)
Table 50 Market For Utility Vertical Of Microgrids, By Region, 2013 - 2022 (USD Billion)
Table 51 Microgrid Market, By Region, 2013 - 2022 (USD Billion)
Table 52 Microgrid Market, By Region, 2013 - 2022 (In Gw)
Table 53 Microgrid Market In The Americas, By Vertical, 2013 - 2022 (USD Billion)
Table 54 Microgrid Market In The Americas, By Power Source, 2013 - 2022 (USD Billion)
Table 55 Microgrid Market In The Americas, By Renewable Power Source, 2013 - 2022 (USD Billion)
Table 56 Americas: Microgrid Market, By Region, 2013 - 2022 (USD Billion)
Table 57 North America: Microgrid Market, By Geography, 2013 - 2022 (USD Billion)
Table 58 Latin America: Microgrid Market, By Geography, 2013 - 2022 (USD Billion)
Table 59 Microgrid Market In Europe, By Vertical, 2013 - 2022 (USD Billion)
Table 60 Microgrid Market In Europe, By Power Source, 2013 - 2022 (USD Billion)
Table 61 Microgrid Market In Europe, By Renewable Power Source, 2013 - 2022 (USD Billion)
Table 62 Europe: Microgrid Market, By Region, 2013 - 2022 (USD Billion)
Table 63 Western Europe: Microgrid Market, By Geography, 2013 - 2022 (USD Billion)
Table 64 Eastern Europe: Microgrid Market, By Geography, 2013 - 2022 (USD Billion)
Table 65 Microgrid Market In Apac, By Vertical, 2013 - 2022 (USD Billion)
Table 66 Microgrid Market In Apac, By Power Source, 2013 - 2022 (USD Billion)
Table 67 Microgrid Market In Apac, By Renewable Power Source, 2013 - 2022 (USD Billion)
Table 68 APAC: Microgrid Market, By Geography, 2013 - 2022 (USD Billion)
Table 69 Microgrid Market In Row, By Vertical, 2013 - 2022 (USD Billion)
Table 70 Microgrid Market In Row, By Power Source, 2013 - 2022 (USD Billion)
Table 71 Microgrid Market In Row, By Renewable Power Source, 2013 - 2022 (USD Billion)
Table 72 RoW: Microgrid Market, By Region, 2013 - 2022 (USD Billion)
Table 73 Market Ranking Of The Top 5 Players In The Microgrid Market, 2014
Table 74 Partnership/ Collaboration/ Agreement, 2013 - 2015
Table 75 New Product Launch, 2013 - 2015
Table 76 Partnerships & Joint Ventures, 2013 - 2014
Table 77 Mergers & Acquisitions, 2012 - 2015

List of Figures

Figure 1 Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Remote/ Island Grid Type Is Expected To Grow At The Highest Rate Between 2016 And 2022
Figure 6 The Microgrid Market In The APACRegion, In Terms Of Capacity (In Gw), Is Expected To Grow At The Highest Rate Between 2016 And 2022
Figure 7 The Market For Solar Pv Cells Expected To Hold The Largest Market Share During The Forecast Period In Terms Of Capacity
Figure 8 Residential & Commercial Vertical Is Expected To Grow At The Highest Rate During The Forecast Period
Figure 9 The Microgrid Market In Apac, In Terms Of Value, Is Expected To Grow At The Highest CAGR Between 2016 And 2022
Figure 10 Significant Increase In Demand For Microgrid Solution
Figure 11 Grid-Connected Type To Register The Highest CAGR In Microgrid Market, In Terms Of Capacity, During The Forecast Period
Figure 12 Residential & Commercial Vertical To Hold The Largest Market Share In APACTill 2022
Figure 13 India Expected To Witness The Highest Growth Rate During The Forecast Period
Figure 14 Renewable Power Source Estimated To Grow At The Highest CAGR Between 2016 And 2022
Figure 15 Microgrid Market Is Currently In The Growth Stage In APACRegion
Figure 16 Microgrid Market Segmentation, By Region
Figure 17 Increase In Demand For Economic And Cheap Energy Storage Options Expected To Spur The Demand For Microgrid Market
Figure 18 Abb Project List: Microgrids Installed Over The Years
Figure 19 Decline In The Levelized Cost Of Electricity (Lcoe) For Wind & Solar Pv In The Last Five Years
Figure 20 Remote/ Island Microgrids: In Growth Phase For The Year, 2015
Figure 21 Value Chain Analysis (2015): Major Value Added During The Manufacturing & Integration Phase
Figure 22 High Competitive Rivalry Observed As Per Porter’S Five Forces Analysis In The Microgrid Market (2015):
Figure 23 Microgrid Market: Porter’S Five Forces Analysis
Figure 24 Intensity Of Competitive Rivalry: Growing Competition In The Market Owing To The Increase In The Number Of Players
Figure 25 Threat Of Substitutes: Impact Likely To Be Moderate Due To High Substitute Product Cost
Figure 26 Bargaining Power Of Buyers: Impact Likely To Be Moderate Due To Increasing Consumer Acceptance & Adoption
Figure 27 Bargaining Power Of Suppliers: Ability To Provide Reliable & High Quality Microgrid Solutions Would Drive The Supplier Market In The Future
Figure 28 Threat Of New Entrants: Moderate Capital Requirement Is A Key Factor Behind Low Threat Of New Entrants
Figure 29 Microgrid Market, By Grid Type
Figure 30 Grid Connected Type Of Microgrid Is Expected To Grow At The Highest Rate Between 2016 And 2022
Figure 31 Residential & Commercial Vertical To Grow At The Highest Rate In The Hybrid Microgrid Market Between 2016 And 2022
Figure 32 Microgrid Market Segmentation: By Component
Figure 33 Microgrid Market Segmentation: By Power Source
Figure 34 Renewable Power Sources Are Expected To Grow At The Highest Rate Between 2016 And 2022
Figure 35 Segmentation: Renewables
Figure 36 Microgrid Market Segmentation: By Vertical
Figure 37 Residential & Commercial Vertical Expected To Grow At The Highest Rate Between 2016 And 2022
Figure 38 Segmentation: Government & Education Vertical
Figure 39 Segmentation: Residential & Commercial Vertical
Figure 40 Remote/ Island Grid Type To Grow At The Highest Rate In The Industrial Vertical Between 2016 And 2022
Figure 41 Microgrid Market Segmentation: By Geography
Figure 42 Geographic Snapshot: APACExpected To Register The Highest Growth Rate During The Forecast Period
Figure 43 India Estimated To Grow At The Highest Rate Between 2016 And 2022 In The Overall Microgrid Market
Figure 44 Regions Covered In Americas Microgrid Market
Figure 45 Americas Market Snapshot: Increasing Demand For Reliable And Secure Power Supply Is Driving The Market
Figure 46 Regions Covered In Europe Microgrid Market
Figure 47 Regions Covered In APACMicrogrid Market
Figure 48 APACMarket Snapshot: Rural Electrification Is The Main Factor Driving The Demand For Microgrids In This Region
Figure 49 Regions Covered In Row Microgrid Market
Figure 50 Key Growth Strategies Adopted By The Top Companies, 2013 - 2016
Figure 51 Eaton Corporation PLC Grew Rapidly Between 2012 And 2014
Figure 52 Market Evaluation Framework - Partnership/ Collaboration/ Agreement Fuelled Growth And Innovation Between 2013 And 2015
Figure 53 Battle For Market Share: Partnership/ Collaboration/ Agreement Was The Key Strategy
Figure 54 Geographic Revenue Mix Of Top Market Players
Figure 55 Abb Ltd.: Company Snapshot
Figure 56 Abb Ltd.: Swot Analysis
Figure 57 Eaton Corporation : Company Snapshot
Figure 58 Eaton Corporation : Swot Analysis
Figure 59 General Electric: Company Snapshot
Figure 60 General Electric : Swot Analysis
Figure 61 Siemens Ag: Company Snapshot
Figure 62 Siemens Ag.: Swot Analysis
Figure 63 Exelon Corp.: Swot Analysis
Figure 64 Honeywell International, Inc.: Company Snapshot
Figure 65 Nrg Energy, Inc.: Company Snapshot
Figure 66 Northern Power Systems Corp.: Company Snapshot

Note: Product cover images may vary from those shown
3 of 4

FEATURED COMPANIES

  • Abb Ltd.
  • Anbaric Transmission, Llc
  • Eaton Corporation PLC
  • Exelon Corporation
  • General Electric
  • NRG Energy, Inc.
  • MORE

The microgrid market is estimated to reach USD 34.94 Billion by 2022, at a CAGR of 10.9% between 2016 and 2022. Growing demand for scalable and economic grid controls, cheap and clean energy storage options, and shift towards remote grids in the military segment are the factors driving the microgrid market positively.

Among the grid-types available, remote grid-type is expected to grow at the highest rate in the microgrid market. The heavy decline in prices of solar PV and wind power sources has resulted in the drop of overall power generation cost, when compared to centralized power grids. This is the key reason behind the growth of remote/ island microgrids.

The market for residential & commercial vertical is expected to grow at a high CAGR during the forecast period. The need for continuous and uninterrupted supply of power and electricity in healthcare vertical and increasing demand for rural electrification projects in the markets in India and Africa is a key reason behind the sharp growth.

The market in the APAC region is expected to grow at the highest CAGR during the forecast period. The key reason behind a sharp growth in the APAC region can be attributed to the increasing demand of rural electrification projects and rapidly growing mining vertical in the Indian market. With the increase in investments, large numbers 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.

Higher financial cost of distributed energy resources compared to generation in centralized power stations is one of the key restraining factors in the microgrid market. One of the greatest challenges to the widespread acceptance and uptake of microgrid technologies is the general lack of familiarity of the basic concepts behind them. Also, the microgrid concept is relatively new; as a result, it is not surprising that the regulatory framework for integration of microgrids into the wider grid is still being developed. However, major markets where microgrids are being invested presently are villages and remote areas, which do not have direct access to electricity, acts as a major opportunity for the market.

Key players in this market are focused on partnership, collaboration, and agreements followed by new product launches to increase their revenue. ABB Ltd. is one of the leaders in the microgrid market. The company focuses on new projects and partnerships to maintain their presence in the market all over the world. The company also has a huge customer base with long-term contracts. For instance, in September 2015, ABB installed an integrated solar-diesel microgrid at Johannesburg, South Africa, that would help to maximize the use of clean solar energy and ensure uninterrupted power supply. ABB has also recently entered into a partnership with Samsung SDI in March 2015, to promote microgrid solutions globally.

Exteneded Description

The microgrid market is expected to reach USD 34.94 billion by 2022, at a CAGR of 10.9% between 2016 and 2022. Growing demand for scalable and economic grid controls, cheap and clean energy storage options, and shift towards remote grids in the military segment are the factors driving the microgrid market positively.

In the microgrid market, remote/ island grid-type is estimated to grow at a significant pace during the forecast period. Hybrid grid-type which operates using multiple power sources are trying to gain traction in the market. Presently, the use of remote grid-type is increasing owing to the launch of programs focused on demonstrating and subsidizing solar farm projects in Asian & African countries, such as India, China, Japan, Australia, South Korea, and countries in Africa among others.

The market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The growth is attributed to the large number of investments being made by both national and international companies, such as ABB, Siemens, GE and, Schneider Electric among others in this region.

Breakdown of profile of primary participants:

- By Company Type - Tier 1 - 17%, Tier 2 - 50%, Tier 3 - 33%
- By Designation - C Level - 28%, Director Level - 29%; Others - 43%
- By Region - North America -29%, Europe-57%, Asia-Pacific-14%

The key players operating in this market include ABB Ltd. (Switzerland), Anbaric Transmission (U.S.), Eaton Corp plc (Ireland), Exelon Corp. (U.S.), General Electric (U.S.), Honeywell International, Inc. (U.S.), Northern Power Systems Corp. (U.S.), NRG Energy, Inc. (U.S.), Pareto Energy (U.S.), Siemens AG (Germany), and Spirae, Inc. (U.S.) among others.

Reasons to buy the report:

- This report includes the market statistics pertaining to microgrid grid-type, component, power source, vertical, and geography along with their respective revenues and power generation capacity.
- The Porter’s Five Forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the microgrid market.
- Major drivers, restraints, opportunities and, challenges for the microgrid market have been detailed in this report.
- Illustrative segmentation, analysis, and forecast for the markets based on microgrid grid-type, component, power source, vertical, and geography has been conducted to give an overall view of the microgrid market.
- A detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.

Note: Product cover images may vary from those shown
4 of 4

- Abb Ltd.
- Anbaric Transmission, Llc
- Eaton Corporation PLC
- Exelon Corporation
- General Electric
- Honeywell International, Inc.
- NRG Energy, Inc.
- Northern Power Systems Corp.
- Pareto Energy
- Siemens Ag
- Spirae, Inc.

Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown

PURCHASING OPTIONS

HAVE A QUESTION?

EMAIL US VIEW FAQs

RELATED PRODUCTS from Db

Our Clients

  • Lukoil Oil Company
  • BP Plc.
  • Royal Dutch Shell PLC
  • Endesa S.A.
  • E.ON SE
  • Sasol Limited