Microgrids, Update 2017 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2021

  • ID: 4327742
  • Report
  • Region: Global
  • 112 pages
  • GlobalData
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Microgrids, Update 2017 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2021

Summary

A Microgrid is a form of distributed energy that can imitate the central/main grid and produce power using various sources such as natural gas, diesel, renewable energy, or fuel cells. In order to achieve higher efficiencies, microgrids may incorporate combined heat and power (CHP environment). A microgrid can be operated either by being connected to the main grid or can operate on remote mode (i.e. while islanded).

The global microgrid market registered a market value of $12 Billion in the year 2016 and is estimated to reach $23 Billion in 2021 registering a compound annual growth rate (CAGR) of 14.0% between 2016 and 2021. The Americas were the highest growing market in 2016, with an estimated growth rate of 22% over the previous year. This market had 62.0% of the global market share in 2016. Asia-Pacific was the second-largest market, representing 23.0% of the market share followed by Europe, Middle East, and Africa (EMEA) with a 15.0% share. Some of the top global microgrid participants include ABB, S&C Electric, Schneider Electric, Siemens, GE, and Echelon.

Network downtimes, natural disasters, and possible external attacks are strengthening the reasons for grid-connected facility to become more and more independent. The negative impact of extended power outages on the economy is expected to be eased with the adoption of microgrids. According to the World Bank, “Globally, the average monetary loss as a result of power outages is approximately 4.7% of a country’s annual sales.” The DOE estimates that the cost of power-related outages to the US economy is approximately $150 Billion in damages annually.

The US microgrid market had close to 39% of the global market share during the year 2016. By the end of 2021, it is estimated to hold close to 52% of the global market share. The main reason for the dominance is attributed to market readiness, technology advancement, and multiple state funding and government aids that support project deployment. It is a known fact that microgrids require upfront capital investment which may be high depending on the type of project. In the US, both federal and state governments have come forward to support the technology.

The report "Microgrids, Update 2017 - Global Market Size, Competitive Landscape, and Key Country Analysis to 2021" offers comprehensive information and understanding of the global microgrid market. The report analysis the current trend and future potential of microgrids market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Brazil, India, China, Japan, Australia, Russia, South Africa, and the UK) level. The report analyzes the microgrid market value for the year 2011, 2016, and 2021.

In particular, this report provides the following analysis:
  • Analysis of the growth of microgrid market with a focus on market value in global and regional level including Asia- Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides microgrid market analysis for key countries including the US, Canada, Brazil, India, China, Japan, Australia, Russia, South Africa, and the UK.
  • The report offers country level microgrid market value for the year 2011, 2015, and 2021.
  • It provides competitive landscape at country level for the year 2016. It also covers drivers and restraints, policy and regulatory environment, government and state funding initiatives, and case studies.
Companies mentioned in this report: Siemens, Schneider Electric, ABB, GE, S&C Electric, NRG Energy, Hitachi, Solar City, Eaton, Princeton Power Systems, Black & Veatch, Exelon/ Constellation Energy, Power Analytics Corporation, Pareto Energy, Anbaric, IPERC, ZF Energy, Fairbanks Morse, Canadian Solar, Burns Group, Green Energy Group, Landis & Gyr, Power Analytics, Spirae, Viridity Energy, OSISoft, NuScale, Powerstream, Toronto Hydro, Siemens Canada, NRStor, Husk Power Systems, SunEdison, First Solar, Azure Power, Welspun Energy, Gram Power, OMC power, Greenpeace, China Singyes Solar Technologies Holdings Limited, Focused Sun, Capstone, Sungrow, Nippon Telegraph and Telephone Corporation (NTT), Mitsubishi Electric, Carnegie Wave Energy, Caterpillar, Ingersoll Rand, Johnson Controls, Lockheed Martin, National Instruments, Tesla, Australian Radio Towers, Mitsui & Co Ltd, EnerDel, Parker Hannifin, Komaihaltec Inc, Aquion Energy, Aeolus Power, Wind & Sun LTD.

Scope

The report analyses Microgrids market. Its scope includes:
  • Analysis of the growth of microgrid market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides microgrid market analysis for key countries including the US, Canada, Brazil, India, China, Japan, Australia, Russia, South Africa, and the UK.
  • The report offers country level microgrid market value for the year 2011, 2015, and 2021.
  • It provides competitive landscape at country level for the year 2016. It also covers drivers and restraints, policy and regulatory environment, government and state funding initiatives, and case studies.
Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner.

It will allow you to:
  • Facilitate decision-making by analyzing market data on microgrids
  • Develop strategies based on developments in the microgrids market
  • Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the microgrid market
  • Respond to your competitors’ business structure, strategies and prospects
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1. Table of Contents
2. Executive Summary
2.1 Microgrids Witnessing a Gradual Shift toward Commercialization Phase
2.2 US Market Leading the Global Microgrid Industry
3. Introduction
3.1 Microgrid Definition
3.2 Evolution of Microgrids
3.3 Role of Energy Storage
3.4 Size of a Microgrid
3.5 Market Stage Analysis
3.6 Microgrid Market Segmentation
3.7 Microgrid Cost-Component Analysis
3.8 Microgrid Components and Technology Overview
3.9 Microgrid Business Models
3.10 Microgrid Value-Chain Analysis
3.11 Report Guidance
4. Microgrids, Global
4.1 Microgrids, Global, Market Overview
4.2 Microgrids, Global, Market Drivers and Restraints Analysis
4.2.1 Microgrids, Global, Market Drivers and Impact Analysis
4.2.2 Microgrids, Global, Market Restraints and Impact Analysis
4.3 Microgrid, Global, Market Size
4.4 Microgrids, Global, Regional Percentage Split
4.5 Microgrids, Global, Application Type
4.6 Microgrids, Global, Competitive Landscape
4.6.1 Microgrids, Global, Top Companies
5. Microgrids, Americas
5.1 Microgrids, Americas, Market Overview
5.2 Microgrids, Americas, Market Stage Analysis
5.3 Microgrid, Americas, Funding Scenario
5.4 Microgrids, Americas, Market Drivers and Restraints Analysis
5.4.1 Microgrids, Americas, Market Drivers and Impact Analysis
5.4.2 Microgrids, Americas, Market Restraints and Impact Analysis
5.5 Microgrids, Americas, Market Size
5.6 Microgrids, US
5.6.1 Microgrids, US, Market Overview
5.6.2 Microgrids, US, Key Projects
5.6.3 Microgrids, US, Policy and Regulatory Environment
5.6.4 Microgrids, US, Market Size
5.6.5 Microgrids, US, Key Programs and Initiatives
5.6.6 Microgrids, US, Competitor Landscape
5.6.7 Microgrids, US, Project Case Study
5.7 Microgrids, Canada
5.7.1 Microgrids, Canada, Market Overview
5.7.2 Microgrids, Canada, Key Projects
5.7.3 Microgrids, Canada, Policy and Regulatory Environment
5.7.4 Microgrids, Canada, Market Size, 2011, 2016, 2021
5.7.5 Microgrids, Canada, R&D and Government and State Funding Initiatives
5.7.6 Microgrids, Canada, Competitor Landscape
5.7.7 Microgrids, Canada, Case Study
5.8 Microgrids, Brazil
5.8.1 Microgrids, Brazil, Market Overview
5.8.2 Microgrids, Brazil, Policy and Regulatory Environment
5.8.3 Microgrids, Brazil, Market Size
5.8.4 Microgrids, Brazil, R&D and Government and State Funding Initiatives
5.8.5 Microgrids, Brazil, Competitor Landscape
6. Microgrids, Asia-Pacific
6.1 Microgrids, Asia-Pacific, Market Overview
6.2 Microgrids, Asia-Pacific, Market Stage Analysis
6.3 Microgrids, Asia-Pacific, Funding Scenario
6.4 Microgrids, Asia-Pacific, Market Drivers and Restraints Analysis
6.4.1 Microgrids, Asia-Pacific, Market Drivers and Impact Analysis
6.4.2 Microgrids, Asia-Pacific, Market Restraints and Impact Analysis
6.5 Microgrids, Asia-Pacific, Market Size
6.6 Microgrids, India
6.6.1 Microgrids, India, Market Overview
6.6.2 Microgrids, India, Key Projects
6.6.3 Microgrid, India, Policy and Regulatory Environment
6.6.4 Microgrids, India, Market Size
6.6.5 Microgrids, India, R&D and Government and State Initiatives
6.6.6 Microgrids, India, Competitor Landscape
6.6.7 Microgrids, India, Case Study
6.7 Microgrids, China
6.7.1 Microgrids, China, Market Overview
6.7.2 Microgrids, China, Key Projects
6.7.3 Microgrids, China, Policy and Regulatory Environment
6.7.4 Microgrids, China, Market Size
6.7.5 Microgrids, China, R&D and Government and State Funding Initiatives
6.7.6 Microgrids, China, Competitor Landscape
6.7.7 Microgrids, China, Case Study
6.8 Microgrids, Japan
6.8.1 Microgrids, Japan, Market Overview
6.8.2 Microgrids, Japan, Key Projects
6.8.3 Microgrids, Japan, Policy and Regulatory Environment
6.8.4 Microgrids, Japan, Market Size
6.8.5 Microgrids, Japan, R&D and Government and State Funding Initiatives
6.8.6 Microgrids, Japan, Competitor Landscape
6.8.7 Microgrids, Japan, Case Study
6.9 Microgrids, Australia
6.9.1 Microgrids, Australia, Market Overview
6.9.2 Microgrids, Australia, Key Projects
6.9.3 Microgrids, Australia, Policy and Regulatory Environment
6.9.4 Microgrids, Australia, Market Size
6.9.5 Microgrids, Australia, R&D and Government and State Funding Initiatives
6.9.6 Microgrids, Australia, Competitor Landscape
6.9.7 Microgrids, Australia, Case Study
7. Microgrids, Europe, Middle East, and Africa (EMEA), Market Overview
7.1 Europe Overview
7.2 Africa Overview
7.2.1 East Africa Overview
7.2.2 West Africa Overview
7.3 Microgrids, EMEA, Market Stage Analysis
7.4 Microgrids, EMEA, Funding Scenario
7.5 Microgrids, EMEA, Market Drivers and Restraints Analysis
7.5.1 Microgrids, EMEA, Market Drivers and Impact Analysis
7.5.2 Microgrids, EMEA, Market Restraints and Impact Analysis
7.6 Microgrids, EMEA, Market Size
7.7 Microgrids, Russia
7.7.1 Microgrids, Russia, Market Overview
7.7.2 Microgrids, Russia, Key Projects
7.7.3 Microgrids, Russia, Policy and Regulatory Environment
7.7.4 Microgrids, Russia, Market Size
7.7.5 Microgrids, Russia, Competitor Landscape
7.7.6 Microgrids, Russia, Case Study
7.8 Microgrids, South Africa
7.8.1 Microgrids, South Africa, Market Overview
7.8.2 Microgrids, South Africa, Key Projects
7.8.3 Microgrids, South Africa, Policy and Regulatory Environment
7.8.4 Microgrids, South Africa, Market Size
7.8.5 Microgrids, South Africa, R&D and Government and State Funding Initiatives
7.8.6 Microgrids, South Africa, Competitor Landscape
7.8.7 Microgrids, South Africa, Case Study
7.9 Microgrids, UK
7.9.1 Microgrids, UK, Market Overview
7.9.2 Microgrids, UK, Key Projects
7.9.3 Microgrids, UK, Policy and Regulatory Environment
7.9.4 Microgrids, UK, Market Size
7.9.5 Microgrids, UK, R&D and Government and State Funding Initiatives
7.9.6 Microgrids, UK, Competitor Landscape
7.9.7 Microgrids, UK, Case Study
8. Appendix
8.1 Abbreviations
8.2 Bibliography
8.3 Research Methodology
8.4 Secondary Research
8.5 Primary Research

List of Tables
Table 1: Microgrids, Market Summary for Countries Covered
Table 2: Microgrids, Renewable Technology, Average Price/kW ($)
Table 3: Microgrids, Traditional Versus Evolving Grid
Table 4: Microgrids, Projects Depicting Varied Sizes
Table 5: Microgrids, Business Models
Table 6: Microgrids, Business Ownership Models, Merits and Demerits
Table 7: Microgrids, Global, Market Snapshot
Table 8: Microgrids, Global, Market Drivers and Restraints
Table 9: Microgrids, Global, Market Value ($bn), 2011, 2016, 2021
Table 10: Microgrids, Global, Regional Share ($m), 2011, 2016, 2021
Table 11: Microgrids, Global, Competitive Market Snapshot
Table 12: Microgrids, Americas, Market Snapshot
Table 13: Microgrids, Americas, DOE Funding
Table 14: Microgrids, Americas, Drivers and Restraints
Table 15: Microgrids, Americas, Market Value ($m), 2011, 2016, 2021
Table 16: Microgrids, US, Snapshot
Table 17: Microgrids, US, Recent Project List
Table 18: Microgrids, US, Market Value ($m), 2011, 2016, 2021
Table 19: Microgrids, US, Government and State Initiatives
Table 20: Microgrids, US, Competitive Market Snapshot
Table 21: Microgrids, US, Case Study
Table 22: Microgrids, Canada, Market Snapshot
Table 23: Microgrids, Canada, Key Projects
Table 24: Microgrids, Canada, Market value ($m), 2011, 2016, 2021
Table 25: Microgrids, Canada, Publicly Funded Microgrid Demonstration Projects
Table 26: Microgrids, Canada, Competitive Market Snapshot
Table 27: Microgrids, Canada, Case Study
Table 28: Microgrids, Brazil, Market Snapshot
Table 29: Microgrids, Brazil, Market Value ($m), 2011, 2016, 2021
Table 30: Microgrids, Asia-Pacific, Snapshot
Table 31: Microgrids, Asia-Pacific, Market Drivers and Restraints
Table 32: Microgrids, Asia-Pacific, Market Value ($m), 2011, 2016, 2021
Table 33: Microgrids, India, Market Snapshot
Table 34: Microgrids, India, Key Projects
Table 35: Microgrids, India, Market Value ($m), 2011, 2016, 2021
Table 36: Microgrids, India, Developer Details
Table 37: Microgrids, India, Competitive Market Snapshot
Table 38: Microgrids, India, Case Study
Table 39: Microgrids, China, Market Snapshot
Table 40: Microgrids, China, Key Projects
Table 41: Microgrids, China, Market Value ($m), 2011, 2016, 2021
Table 42: Microgrids, China, Competitive Market Snapshot
Table 43: Microgrids, China, Case Study
Table 44: Microgrids, Japan, Market Snapshot
Table 45: Microgrids, Japan, Demonstration Projects
Table 46: Microgrids, Japan, Market Value ($m), 2011, 2016, 2021
Table 47: Microgrids, Japan, Competitive Market Snapshot
Table 48: Microgrids, Japan, Case Study
Table 49: Microgrids, Australia, Market Snapshot
Table 50: Microgrids, Australia, Key Projects
Table 51: Microgrids, Australia, Market Value ($m), 2011, 2016, 2021
Table 52: Microgrids, Australia, Funding details
Table 53: Microgrids, Australia, Competitive Market Snapshot
Table 54: Microgrids, Australia, Case Study
Table 55: Microgrids, EMEA, Market Snapshot
Table 56: Microgrids, Europe, Regulatory fields for Microgrids
Table 57: Microgrids, Europe, Directives Related to Microgrids
Table 58: Microgrids, Kenya, Pilot Projects
Table 59: Microgrids, Nigeria, Pilot Projects
Table 60: Microgrids, EMEA, Drivers and Restraints
Table 61: Microgrids, EMEA, Market Value ($m), 2011, 2016, 2021
Table 62: Microgrids, Russia, Snapshot
Table 63: Microgrids, Russia, Recent Project List
Table 64: Microgrids, Russia, Market Value ($m), 2011, 2016, 2021
Table 65: Microgrids, Russia, Competitive Market Snapshot
Table 66: Microgrids, Russia, Case Study
Table 67: Microgrids, South Africa, Market Snapshot
Table 68: Microgrids, South Africa, Key Projects
Table 69: Microgrids, South Africa, Market Value ($m), 2011, 2016, 2021
Table 70: Microgrids, South Africa, Competitive Market Snapshot
Table 71: Microgrids, South Africa, Case Study
Table 72: Microgrids, UK, Market Snapshot
Table 73: Microgrids, UK, Recent Project List
Table 74: Microgrids, UK, Market Value ($m), 2011, 2016, 2021
Table 75: Microgrids, UK, Competitive Market Snapshot
Table 76: Microgrids, UK, Case Study
Table 77: Abbreviations

List of Figures
Figure 1: Microgrids, Top Countries, 2016
Figure 2: Microgrids, Island and Grid-Connected Microgrid
Figure 3: Microgrids, Market Stage Analysis, 2016
Figure 4: Microgrids, Segmentation
Figure 5: Microgrids, Cost-Component Analysis (%), 2016
Figure 6: Microgrids, Components
Figure 7: Microgrids, Technology Trends
Figure 8: Microgrids, Value-Chan Analysis
Figure 9: Microgrids, Global, Market Value ($bn), 2011, 2016, 2021
Figure 10: Microgrids, Regional Percent Split (%), 2011, 2016, 2021
Figure 11: Microgrids, Global, Application Type (%), 2016 and 2021
Figure 12: Microgrids, Americas, DOE Target
Figure 13: Microgrids, Americas, Market Stage Analysis, 2016
Figure 14: Microgrids, Americas, Market Value ($m), 2011, 2016, 2021
Figure 15: Microgrids, US, Market Value ($m), 2011, 2016, 2021
Figure 16: Microgrids, Canada, Market Value ($m), 2011, 2016, 2021
Figure 17: Microgrids, Brazil, Market Value ($m), 2011, 2016, 2021
Figure 18: Microgrids, Asia-Pacific, Market Stage Analysis, 2016
Figure 19: Microgrids, India, State of Rural Electrification
Figure 20: Microgrids, Asia-Pacific, Market Value ($m), 2011, 2016, 2021
Figure 21: Microgrids, India, Market Value ($m), 2011, 2016, 2021
Figure 22: Microgrids, China, Market Value ($m), 2011, 2016, 2021
Figure 23: Microgrids, Japan, Market Value ($m), 2011, 2016, 2021
Figure 24: Microgrids, Australia, Market Value ($m), 2011, 2016, 2021
Figure 25: Microgrids, EMEA, Market Life-Cycle, 2016
Figure 26: Microgrids, EMEA, Market Value ($m), 2010, 2016, 2021
Figure 27: Microgrids, Russia, Market Value ($m), 2011, 2016, 2021
Figure 28: Microgrids, South Africa, Market Value ($m), 2011, 2016, 2021
Figure 29: Microgrids, UK, Market Value ($m), 2011, 2016, 2021
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