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Microgrids: Technologies and Global Markets

  • ID: 4495387
  • Report
  • April 2022
  • Region: Global
  • 348 Pages
  • BCC Research
UP TO OFF until May 31st 2022

FEATURED COMPANIES

  • Abb Ltd.
  • Canopy Power
  • Eaton Corp. plc
  • General Electric
  • Homer Energy LLC
  • Pareto Energy Ltd.
The market analysis provided in this report is based on a variety of data sources. These include the most recent government, industry, academic and company data regarding the projected level of demand for microgrid technologies. The report provides a comprehensive review of available data to provide a realistic, robust, and accurate assessment of this quickly changing market.

Regional and country level markets will be segmented and analyzed by type and application. The report also covers the impact of the COVID-19 pandemic. The market sizes and estimations are provided in terms of revenue, with 2020 serving as the base year; and market forecasts will be given for the period from 2021 to 2026.



Report Includes

  • 161 data tables and 12 additional tables
  • An overview of the global market and technologies for microgrids
  • Estimation of the market size and analyses of global market trends, with data from 2020, 2021 with projections of compound annual growth rates (CAGRs) through 2026
  • Coverage of definition, revenue implications, and security of microgrids, and insights into safety, islanding, and energy storage standards
  • Comparative study between grid-connected vs off-grid microgrids, and information on remote/island and hybrid microgrid
  • Highlights of the market potential for microgrids, based on major segment, product type, connection type, power source, type, end user, and region
  • Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
  • Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
  • Profile description of leading market companies, including ABB Ltd., Eaton Corp. plc., General Electric, Honeywell International Inc, Schneider Electric SE and Siemens AG
Frequently Asked Questions about the Global Microgrids Market

What is the estimated value of the Global Microgrids Market?

The Global Microgrids Market was estimated to be valued at $19.0 Billion in 2021.

What is the growth rate of the Global Microgrids Market?

The growth rate of the Global Microgrids Market is 16.3%, with an estimated value of $40.3 Billion by 2026.

What is the forecasted size of the Global Microgrids Market?

The Global Microgrids Market is estimated to be worth $40.3 Billion by 2026.

Who are the key companies in the Global Microgrids Market?

Key companies in the Global Microgrids Market include Abb Ltd., Canopy Power, Eaton Corp. plc, General Electric, Homer Energy LLC, Honeywell International Inc., Pareto Energy Ltd., S&C Electric Co. and Siemens Ag.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abb Ltd.
  • Canopy Power
  • Eaton Corp. plc
  • General Electric
  • Homer Energy LLC
  • Pareto Energy Ltd.

Chapter 1 Introduction
  • Study Goals and Objectives
  • Reasons for Doing this Study
  • What’S New in this Update?
  • Scope of Report
  • Information Sources
  • Intended Audience
  • Methodology
  • Geographic Breakdown
  • Analyst’S Credentials
  • Custom Research
  • Related Research Reports

Chapter 2 Summary and Highlights
Chapter 3 Market Overview of Microgrid Technologies
  • Introduction
  • Definition of Microgrid Technologies
  • Market Dynamics
  • Drivers
  • Restraints
  • Opportunities
  • Challenges
  • Business Models
  • Facility Owner Financing and Maintenance
  • Utility Rate-Based
  • Pure Hardware Component Sales
  • Software as a Service
  • Government Energy Service Contracts
  • Power Purchase Agreements (Ppas)
  • Non-Synchronous Direct Current
  • Operations and Maintenance Contracts
  • Pay-As-You-Go (Payg)
  • Design, Build, Operate, Own and Maintain (Dboom)
  • Revenue Implications of Microgrids
  • Microgrid Security
  • Safety, Islanding and Energy Storage Standards
  • The Future of Microgrids
  • Trends
  • Outlook for the Market for Microgrid Technologies
  • Cost and Technology
  • Market
  • Financing and Business Model Identification

Chapter 4 Impact of Covid-19
  • Overview

Chapter 5 Value Chain/Supply Chain Analysis
  • Value Chain Analysis
  • Standardization and Interoperability
  • Offering a Total Solution
  • Value Chain: Grid-Connected Facilities
  • Value Chain: Grid-Connected Community
  • Value Chain: Off-Grid Microgrid

Chapter 6 Market Breakdown by Major Segment
  • Overview
  • Hardware
  • Software
  • Microgrid Control Systems and Power Management System
  • Microgrid Software as a Service
  • Automated Demand Response
  • Substation Automation
  • Distribution Automation (Da)
  • Services
  • Engineering and Design
  • Monitoring and Control
  • Operations and Maintenance

Chapter 7 Market Breakdown by Connection Type
  • Overview
  • Grid-Connected
  • Grid-Connected Vs. Off-Grid Microgrids
  • Remote/Island/Villages
  • Hybrid

Chapter 8 Market Breakdown by Power Source
  • Overview
  • Diesel-Powered Microgrids
  • Chp-Powered Microgrid
  • Solar Pv-Powered Microgrids
  • Wind-Powered Microgrids
  • Other Types of Powered Microgrids
  • Waste-To-Energy
  • Micro-Turbines (Hydro)
  • Distributed Energy Storage Systems
  • Batteries
  • Other Storage Technologies

Chapter 9 Market Breakdown by Type
  • Overview
  • Ac Microgrids
  • Dc Microgrids
  • Hybrid Microgrids

Chapter 10 Market Breakdown by Type of Area
  • Overview
  • Urban/Metropolitan
  • Semiurban
  • Rural/Island

Chapter 11 Market Breakdown by End-user
  • Overview
  • Healthcare/Government
  • Educational
  • Commercial/Industrial
  • Military
  • Community/Utility
  • Remote/Island/Village

Chapter 12 Market Breakdown by Region
  • Overview
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East and Africa
  • Africa
  • Rest of Middle East

Chapter 13 Global Competitive Landscape
  • List of Other Market Players
  • Recent Developments
  • Microgrid Policies and Regulations
  • Europe
  • U.S.
  • China
  • India
  • Africa
  • Upcoming Projects
  • Patent Review
  • Trends Over Time
  • Patent Review by Software
  • Patent Review by Storage
  • Other Relevant Patents
  • Patent Review by Country
  • Patent Review by Company

Chapter 14 Company Profiles
  • Abb Ltd.
  • Canopy Power
  • Eaton Corp. plc
  • General Electric
  • Homer Energy LLC
  • Honeywell International Inc.
  • Pareto Energy Ltd.
  • S&C Electric Co.
  • Schneider Electric Se
  • Siemens AG

Chapter 15 Appendix: Acronyms/Abbreviations
  • Acronyms/Abbreviations Used in this Report

List of Tables
Summary Table A: Global Market for Microgrid Technologies, by Region, Through 2026
Summary Table B: Global Market Volumes of Microgrid Technologies, by Region, Through 2026
Table 1: Impact of Market Dynamics on Microgrid Market
Table 2: Key Microgrid Drivers, Developed vs. Developing Regions
Table 3: Global Market for Microgrid Technologies, by Major Segment, Through 2026
Table 4: Global Market for Microgrid Technologies, by Connection Type, Through 2026
Table 5: Global Market for Microgrid Technologies, by Power Source, Through 2026
Table 6: Small to Pico Hydroelectric Power Plant Sizes
Table 7: Mechanical and Electrical Energy Storage Systems
Table 8: Global Market for Microgrid Technologies, by Type, Through 2026
Table 9: Performance Comparison of the Described Microgrid Based on Distribution System
Table 10: Global Market for AC Microgrid Technologies, by Region, Through 2026
Table 11: Global Market for DC Microgrid Technologies, by Region, Through 2026
Table 12: Global Market for Hybrid Microgrid Technologies, by Region, Through 2026
Table 13: Global Market for Microgrid Technologies, by Type of Area, Through 2026
Table 14: Global Market for Microgrid Technologies in Urban/Metropolitan Areas, by Region, Through 2026
Table 15: Global Market for Microgrid Technologies in Semiurban Areas, by Region, Through 2026
Table 16: Global Market for Microgrid Technologies in Rural/Island Areas, by Region, Through 2026
Table 17: Global Market for Microgrid Technologies, by End User, Through 2026
Table 18: Global Market for Microgrid Technologies in Healthcare/Government End Uses, by Region, Through 2026
Table 19: Global Market for Microgrid Technologies in Educational Microgrid End Uses, by Region, Through 2026
Table 20: Global Market for Microgrid Technologies in Commercial/Industrial End Uses, by Region, Through 2026
Table 21: Global Market for Microgrid Technologies in Military End Uses, by Region, Through 2026
Table 22: U.S. Military Bases with Microgrids
Table 23: Global Market for Microgrid Technologies in Community/Utility End Uses, by Region, Through 2026
Table 24: Global Market for Microgrid Technologies for Remote/Island/Villages, by Region, Through 2026
Table 25: Global Market for Microgrid Technologies, by Region, Through 2026
Table 26: Global Market Volumes of Microgrid Technologies, by Region, Through 2026
Table 27: North American Market for Microgrid Technologies, by Country, Through 2026
Table 28: North American Market Volumes of Microgrid Technologies, by Country, Through 2026
Table 29: North American Market for Microgrid Technologies, by Major Segment, Through 2026
Table 30: North American Market for Microgrid Technologies, by Connection Type, Through 2026
Table 31: North American Market for Microgrid Technologies, by Power Source, Through 2026
Table 32: North American Market for Microgrid Technologies, by Type, Through 2026
Table 33: North American Market for Microgrid Technologies, by Type of Area, Through 2026
Table 34: North American Market for Microgrid Technologies, by End User, Through 2026
Table 35: U.S. Market for Microgrid Technologies, by Major Segment, Through 2026
Table 36: U.S. Market for Microgrid Technologies, by Connection Type, Through 2026
Table 37: U.S. Market for Microgrid Technologies, by Power Source, Through 2026
Table 38: U.S. Market for Microgrid Technologies, by Type, Through 2026
Table 39: U.S. Market for Microgrid Technologies, by Type of Area, Through 2026
Table 40: U.S. Market for Microgrid Technologies, by End User, Through 2026
Table 41: Canadian Market for Microgrid Technologies, by Major Segment, Through 2026
Table 42: Canadian Market for Microgrid Technologies, by Connection Type, Through 2026
Table 43: Canadian Market for Microgrid Technologies, by Power Source, Through 2026
Table 44: Canadian Market for Microgrid Technologies, by Type, Through 2026
Table 45: Canadian Market for Microgrid Technologies, by Type of Area, Through 2026
Table 46: Canadian Market for Microgrid Technologies, by End User, Through 2026
Table 47: Mexican Market for Microgrid Technologies, by Major Segment, Through 2026
Table 48: Mexican Market for Microgrid Technologies, by Connection Type, Through 2026
Table 49: Mexican Market for Microgrid Technologies, by Power Source, Through 2026
Table 50: Mexican Market for Microgrid Technologies, by Type, Through 2026
Table 51: Mexican Market for Microgrid Technologies, by Type of Area, Through 2026
Table 52: Mexican Market for Microgrid Technologies, by End User, Through 2026
Table 53: European Market for Microgrid Technologies, by Country, Through 2026
Table 54: European Market Volumes of Microgrid Technologies, by Country, Through 2026
Table 55: European Market for Microgrid Technologies, by Major Segment, Through 2026
Table 56: European Market for Microgrid Technologies, by Connection Type, Through 2026
Table 57: European Market for Microgrid Technologies, by Power Source, Through 2026
Table 58: European Market for Microgrid Technologies, by Type, Through 2026
Table 59: European Market for Microgrid Technologies, by Type of Area, Through 2026
Table 60: European Market for Microgrid Technologies, by End User, Through 2026
Table 61: German Market for Microgrid Technologies, by Major Segment, Through 2026
Table 62: German Market for Microgrid Technologies, by Connection Type, Through 2026
Table 63: German Market for Microgrid Technologies, by Power Source, Through 2026
Table 64: German Market for Microgrid Technologies, by Type, Through 2026
Table 65: German Market for Microgrid Technologies, by Type of Area, Through 2026
Table 66: German Market for Microgrid Technologies, by End User, Through 2026
Table 67: U.K. Market for Microgrid Technologies, by Major Segment, Through 2026
Table 68: U.K. Market for Microgrid Technologies, by Connection Type, Through 2026
Table 69: U.K. Market for Microgrid Technologies, by Power Source, Through 2026
Table 70: U.K. Market for Microgrid Technologies, by Type, Through 2026
Table 71: U.K. Market for Microgrid Technologies, by Type of Area, Through 2026
Table 72: U.K. Market for Microgrid Technologies, by End User, Through 2026
Table 73: French Market for Microgrid Technologies, by Major Segment, Through 2026
Table 74: French Market for Microgrid Technologies, by Connection Type, Through 2026
Table 75: French Market for Microgrid Technologies, by Power Source, Through 2026
Table 76: French Market for Microgrid Technologies, by Type, Through 2026
Table 77: French Market for Microgrid Technologies, by Type of Area, Through 2026
Table 78: French Market for Microgrid Technologies, by End User, Through 2026
Table 79: Rest of the European Market for Microgrid Technologies, by Major Segment, Through 2026
Table 80: Rest of the European Market for Microgrid Technologies, by Connection Type, Through 2026
Table 81: Rest of the European Market for Microgrid Technologies, by Power Source, Through 2026
Table 82: Rest of the European Market for Microgrid Technologies, by Type, Through 2026
Table 83: Rest of the European Market for Microgrid Technologies, by Type of Area, Through 2026
Table 84: Rest of the European Market for Microgrid Technologies, by End User, Through 2026
Table 85: Asia-Pacific Market for Microgrid Technologies, by Country, Through 2026
Table 86: Asia-Pacific Market Volumes of Microgrid Technologies, by Country, Through 2026
Table 87: Asia-Pacific Market for Microgrid Technologies, by Major Segment, Through 2026
Table 88: Asia-Pacific Market for Microgrid Technologies, by Connection Type, Through 2026
Table 89: Asia-Pacific Market for Microgrid Technologies, by Power Source, Through 2026
Table 90: Asia-Pacific Market for Microgrid Technologies, by Type, Through 2026
Table 91: Asia-Pacific Market for Microgrid Technologies, by Type of Area, Through 2026
Table 92: Asia-Pacific Market for Microgrid Technologies, by End User, Through 2026
Table 93: Chinese Market for Microgrid Technologies, by Major Segment, Through 2026
Table 94: Chinese Market for Microgrid Technologies, by Connection Type, Through 2026
Table 95: Chinese Market for Microgrid Technologies, by Power Source, Through 2026
Table 96: Chinese Market for Microgrid Technologies, by Type, Through 2026
Table 97: Chinese Market for Microgrid Technologies, by Type of Area, Through 2026
Table 98: Chinese Market for Microgrid Technologies, by End User, Through 2026
Table 99: Indian Market for Microgrid Technologies, by Major Segment, Through 2026
Table 100: Indian Market for Microgrid Technologies, by Connection Type, Through 2026
Table 101: Indian Market for Microgrid Technologies, by Power Source, Through 2026
Table 102: Indian Market for Microgrid Technologies, by Type, Through 2026
Table 103: Indian Market for Microgrid Technologies, by Type of Area, Through 2026
Table 104: Indian Market for Microgrid Technologies, by End User, Through 2026
Table 105: Japanese Market for Microgrid Technologies, by Major Segment, Through 2026
Table 106: Japanese Market for Microgrid Technologies, by Connection Type, Through 2026
Table 107: Japanese Market for Microgrid Technologies, by Power Source, Through 2026
Table 108: Japanese Market for Microgrid Technologies, by Type, Through 2026
Table 109: Japanese Market for Microgrid Technologies, by Type of Area, Through 2026
Table 110: Japanese Market for Microgrid Technologies, by End User, Through 2026
Table 111: Rest of Asia-Pacific Market for Microgrid Technologies, by Major Segment, Through 2026
Table 112: Rest of Asia-Pacific Market for Microgrid Technologies, by Connection Type, Through 2026
Table 113: Rest of Asia-Pacific Market for Microgrid Technologies, by Power Source, Through 2026
Table 114: Rest of Asia-Pacific Market for Microgrid Technologies, by Type, Through 2026
Table 115: Rest of Asia-Pacific Market for Microgrid Technologies, by Type of Area, Through 2026
Table 116: Rest of Asia-Pacific Market for Microgrid Technologies, by End User, Through 2026
Table 117: South American Market for Microgrid Technologies, by Country, Through 2026
Table 118: South American Market Volumes of Microgrid Technologies, by Country, Through 2026
Table 119: South American Market for Microgrid Technologies, by Major Segment, Through 2026
Table 120: South American Market for Microgrid Technologies, by Connection Type, Through 2026
Table 121: South American Market for Microgrid Technologies, by Power Source, Through 2026
Table 122: South American Market for Microgrid Technologies, by Type, Through 2026
Table 123: South American Market for Microgrid Technologies, by Type of Area, Through 2026
Table 124: South American Market for Microgrid Technologies, by End User, Through 2026
Table 125: Brazilian Market for Microgrid Technologies, by Major Segment, Through 2026
Table 126: Brazilian Market for Microgrid Technologies, by Connection Type, Through 2026
Table 127: Brazilian Market for Microgrid Technologies, by Power Source, Through 2026
Table 128: Brazilian Market for Microgrid Technologies, by Type, Through 2026
Table 129: Brazilian Market for Microgrid Technologies, by Type of Area, Through 2026
Table 130: Brazilian Market for Microgrid Technologies, by End User, Through 2026
Table 131: Argentinian Market for Microgrid Technologies, by Major Segment, Through 2026
Table 132: Argentinian Market for Microgrid Technologies, by Connection Type, Through 2026
Table 133: Argentinian Market for Microgrid Technologies, by Power Source, Through 2026
Table 134: Argentinian Market for Microgrid Technologies, by Type, Through 2026
Table 135: Argentinian Market for Microgrid Technologies, by Type of Area, Through 2026
Table 136: Argentinian Market for Microgrid Technologies, by End User, Through 2026
Table 137: Rest of South American Market for Microgrid Technologies, by Major Segment, Through 2026
Table 138: Rest of South American Market for Microgrid Technologies, by Connection Type, Through 2026
Table 139: Rest of South American Market for Microgrid Technologies, by Power Source, Through 2026
Table 140: Rest of South American Market for Microgrid Technologies, by Type, Through 2026
Table 141: Rest of South American Market for Microgrid Technologies, by Type of Area, Through 2026
Table 142: Rest of South American Market for Microgrid Technologies, by End User, Through 2026
Table 143: Middle Eastern and African Market for Microgrid Technologies, by Subregion, Through 2026
Table 144: Middle Eastern and African Market for Microgrid Technologies Volume, by Subregion, Through 2026
Table 145: Middle Eastern and African Market for Microgrid Technologies, by Major Segment, Through 2026
Table 146: Middle Eastern and African Market for Microgrid Technologies, by Connection Type, Through 2026
Table 147: Middle Eastern and African Market for Microgrid Technologies, by Power Source, Through 2026
Table 148: Middle Eastern and African Market for Microgrid Technologies, by Type, Through 2026
Table 149: Middle Eastern and African Market for Microgrid Technologies, by Type of Area, Through 2026
Table 150: Middle Eastern and African Market for Microgrid Technologies, by End User, Through 2026
Table 151: African Market for Microgrid Technologies, by Major Segment, Through 2026
Table 152: African Market for Microgrid Technologies, by Connection Type, Through 2026
Table 153: African Market for Microgrid Technologies, by Power Source, Through 2026
Table 154: African Market for Microgrid Technologies, by Type, Through 2026
Table 155: African Market for Microgrid Technologies, by Type of Area, Through 2026
Table 156: African Market for Microgrid Technologies, by End User, Through 2026
Table 157: Rest of the MEA Market for Microgrid Technologies, by Major Segment, Through 2026
Table 158: Rest of the MEA Market for Microgrid Technologies, by Connection Type, Through 2026
Table 159: Rest of the MEA Market for Microgrid Technologies, by Power Source, Through 2026
Table 160: Rest of the MEA Market for Microgrid Technologies, by Type, Through 2026
Table 161: Rest of the MEA Market for Microgrid Technologies, by Type of Area, Through 2026
Table 162: Rest of the MEA Market for Microgrid Technologies, by End User, Through 2026
Table 163: List of Other Players in the Global Market for Microgrid Technologies
Table 164: Recent Developments in the Global Market for Microgrid Technologies, by Key Market Players, 2018-2022
Table 165: Major Renewable Energy Policy Milestones, Since 1978
Table 166: Energy Polices in U.S. Considered for Microgrid Development
Table 167: Energy Policies Considered for Microgrids in China
Table 168: Indian Federal Energy Policy
Table 169: Upcoming Microgrid Projects
Table 170: Homer Energy: Key Microgrid Products/Technologies
Table 171: Acronyms/Abbreviations Used in This Report
List of Figures
Summary Figure A: Global Market Shares of Microgrid Technologies, by Region, 2020
Summary Figure B: Global Market Volume Shares of Microgrid Technologies, by Region, 2020
Figure 1: Benefits of Microgrids
Figure 2: Schematic of a Microgrid with Different Connected Energy Sources
Figure 3: Microgrid Architecture
Figure 4: SWOT Analysis
Figure 5: Market Dynamics
Figure 6: Microgrid Business Models
Figure 7: Microgrid Market Value Chain Analysis
Figure 8: Grid-Connected Facilities
Figure 9: Grid-Connected Community
Figure 10: Off-grid Microgrid
Figure 11: Global Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 12: Price of Silicon PV Cells, 2010-2020
Figure 13: Microgrid as a Service
Figure 14: Microgrid Services Life Cycle
Figure 15: Global Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 16: Grid-Tied Microgrid System
Figure 17: Remote/Island or Off-grid Microgrid System
Figure 18: Hybrid Microgrid System
Figure 19: Global Market Shares of Microgrid Technologies, Power Source, 2020
Figure 20: Combined Heat and Power System
Figure 21: Solar PV Array
Figure 22: Wind Microgrid System
Figure 23: Waste-to-Energy System
Figure 24: Battery Power-Energy Spectrum
Figure 25: Sine Wave vs. Pure/Square Wave
Figure 26: Global Market Shares of Microgrid Technologies, by Type, 2020
Figure 27: Global Market Shares of AC Microgrid Technologies, by Region, 2020
Figure 28: AC Microgrid
Figure 29: Global Market Shares of DC Microgrid Technologies, by Region, 2020
Figure 30: DC Microgrid
Figure 31: Global Market Shares of Hybrid Microgrid Technologies, by Region, 2020
Figure 32: Global Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 33: Global Market Shares of Microgrid Technologies in Urban/Metropolitan Areas, by Region, 2020
Figure 34: Global Market Shares of Microgrid Technologies in Semiurban Areas, by Region, 2020
Figure 35: Global Market Shares of Microgrid Technologies in Rural/Island Areas, by Region, 2020
Figure 36: Global Market Shares of Microgrid Technologies, by End User, 2020
Figure 37: Global Market Shares of Microgrid Technologies in Healthcare/Government End Uses, by Region, 2020
Figure 38: Healthcare/Governmental Microgrid
Figure 39: Global Market Shares of Microgrid Technologies in Educational End Uses, by Region, 2020
Figure 40: Educational Microgrid
Figure 41: Global Market Shares of Microgrid Technologies in Commercial/Industrial End Uses, by Region, 2020
Figure 42: Commercial/Industrial Microgrid
Figure 43: Global Market Shares of Microgrid Technologies in Military End Uses, by Region, 2020
Figure 44: Military Microgrid
Figure 45: Global Market Shares of Microgrid Technologies in Community/Utility End Uses, by Region, 2020
Figure 46: Utility Microgrid
Figure 47: Global Market Shares of Microgrid Technologies for Remote/Island/Villages, by Region, 2020
Figure 48: Remote/Island/Villages
Figure 49: Global Market Shares of Microgrid Technologies, by Region, 2020
Figure 50: Global Market Volume Shares of Microgrid Technologies, by Region, 2020
Figure 51: North American Market Shares of Microgrid Technologies, by Country, 2020
Figure 52: North American Market Volume Shares of Microgrid Technologies, by Country, 2020
Figure 53: North American Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 54: North American Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 55: North American Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 56: North American Market Shares of Microgrid Technologies, by Type, 2020
Figure 57: North American Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 58: North American Market Shares of Microgrid Technologies, by End User, 2020
Figure 59: States Average Retail Price for Electricity, 2020
Figure 60: U.S. Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 61: U.S. Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 62: U.S. Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 63: U.S. Market Shares of Microgrid Technologies, by Type, 2020
Figure 64: U.S. Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 65: U.S. Market Shares of Microgrid Technologies, by End User, 2020
Figure 66: Canadian Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 67: Canadian Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 68: Canadian Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 69: Canadian Market Shares of Microgrid Technologies, by Type, 2020
Figure 70: Canadian Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 71: Canadian Market Shares of Microgrid Technologies, by End User, 2020
Figure 72: Mexican Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 73: Mexican Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 74: Mexican Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 75: Mexican Market Shares of Microgrid Technologies, by Type, 2020
Figure 76: Mexican Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 77: Mexican Market Shares of Microgrid Technologies, by End User, 2020
Figure 78: European Market Shares of Microgrid Technologies, by Country, 2020
Figure 79: European Market Volume Shares of Microgrid Technologies, by Country, 2020
Figure 80: European Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 81: European Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 82: European Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 83: European Market Shares of Microgrid Technologies, by Type, 2020
Figure 84: European Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 85: European Market Shares of Microgrid Technologies, by End User, 2020
Figure 86: German Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 87: German Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 88: German Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 89: German Market Shares of Microgrid Technologies, by Type, 2020
Figure 90: German Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 91: German Market Shares of Microgrid Technologies, by End User, 2020
Figure 92: U.K. Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 93: U.K. Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 94: U.K. Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 95: U.K. Market Shares of Microgrid Technologies, by Type, 2020
Figure 96: U.K. Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 97: U.K. Market Shares of Microgrid Technologies, by End User, 2020
Figure 98: French Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 99: French Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 100: French Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 101: French Market Shares of Microgrid Technologies, by Type, 2020
Figure 102: French Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 103: French Market Shares of Microgrid Technologies, by End User, 2020
Figure 104: Rest of the European Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 105: Rest of the European Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 106: Rest of the European Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 107: Rest of the European Market Shares of Microgrid Technologies, Type, 2020
Figure 108: Rest of the European Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 109: Rest of the European Market Shares of Microgrid Technologies, by End User, 2020
Figure 110: Asia-Pacific Market Shares of Microgrid Technologies, by Country, 2026
Figure 111: Asia-Pacific Market Volume Shares of Microgrid Technologies, by Country, 2026
Figure 112: Asia-Pacific Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 113: Asia-Pacific Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 114: Asia-Pacific Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 115: Asia-Pacific Market Shares of Microgrid Technologies, by Type, 2020
Figure 116: Asia-Pacific Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 117: Asia-Pacific Market Shares of Microgrid Technologies, by End User, 2020
Figure 118: Chinese Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 119: Chinese Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 120: Chinese Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 121: Chinese Market Shares of Microgrid Technologies, by Type, 2020
Figure 122: Chinese Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 123: Chinese Market Shares of Microgrid Technologies, by End User, 2020
Figure 124: Indian Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 125: Indian Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 126: Indian Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 127: Indian Market Shares of Microgrid Technologies, by Type, 2020
Figure 128: Indian Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 129: Indian Market Shares of Microgrid Technologies, by End User, 2020
Figure 130: Japanese Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 131: Japanese Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 132: Japanese Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 133: Japanese Market Shares of Microgrid Technologies, by Type, 2020
Figure 134: Japanese Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 135: Japanese Market Shares of Microgrid Technologies, by End User, 2020
Figure 136: Rest of Asia-Pacific Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 137: Rest of Asia-Pacific Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 138: Rest of Asia-Pacific Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 139: Rest of Asia-Pacific Market Shares of Microgrid Technologies, by Type, 2020
Figure 140: Rest of Asia-Pacific Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 141: Rest of Asia-Pacific Market Shares of Microgrid Technologies, by End User, 2020
Figure 142: South American Market Shares of Microgrid Technologies, by Country, 2020
Figure 143: South American Market Volume Shares of Microgrid Technologies, by Country, 2020
Figure 144: South American Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 145: South American Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 146: South American Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 147: South American Market Shares of Microgrid Technologies, by Type, 2020
Figure 148: South American Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 149: South American Market Shares of Microgrid Technologies, by End User, 2020
Figure 150: Brazilian Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 151: Brazilian Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 152: Brazilian Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 153: Brazilian Market Shares of Microgrid Technologies, by Type, 2020
Figure 154: Brazilian Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 155: Brazilian Market Shares of Microgrid Technologies, by End User, 2020
Figure 156: Argentinian Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 157: Argentinian Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 158: Argentinian Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 159: Argentinian Market Shares of Microgrid Technologies, by Type, 2020
Figure 160: Argentinian Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 161: Argentinian Market Shares of Microgrid Technologies, by End User, 2020
Figure 162: Rest of South American Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 163: Rest of South American Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 164: Rest of South American Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 165: Rest of South American Market Shares of Microgrid Technologies, by Type, 2020
Figure 166: Rest of South American Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 167: Rest of South American Market Shares of Microgrid Technologies, by End User, 2020
Figure 168: Middle Eastern and African Market Shares of Microgrid Technologies, by Subregion, 2020
Figure 169: Middle Eastern and African Market Volume Shares of Microgrid Technologies, by Subregion, 2020
Figure 170: Middle Eastern and African Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 171: Middle Eastern and African Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 172: Middle Eastern and African Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 173: Middle Eastern and African Market Shares of Microgrid Technologies, by Type, 2020
Figure 174: Middle Eastern and African Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 175: Middle Eastern and African Market Shares of Microgrid Technologies, by End User, 2020
Figure 176: African Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 177: African Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 178: African Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 179: African Market Shares of Microgrid Technologies, by Type, 2020
Figure 180: African Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 181: African Market Shares of Microgrid Technologies, by End User, 2020
Figure 182: Rest of the MEA Market Shares of Microgrid Technologies, by Major Segment, 2020
Figure 183: Rest of the MEA Market Shares of Microgrid Technologies, by Connection Type, 2020
Figure 184: Rest of the MEA Market Shares of Microgrid Technologies, by Power Source, 2020
Figure 185: Rest of the MEA Market Shares of Microgrid Technologies, by Type, 2020
Figure 186: Rest of the MEA Market Shares of Microgrid Technologies, by Type of Area, 2020
Figure 187: Rest of the MEA Market Shares of Microgrid Technologies, by End User, 2020
Figure 188: Global Market Shares of Microgrid Technologies, by Company, 2020
Figure 189: Patents Granted and Patent Applications on Microgrid Technologies, by Technology Type 2020
Figure 190: Share of Patents Granted and Patent Applications on Microgrid Technology, by Geography, 2020
Figure 191: Share of Patents Granted and Patent Applications on Microgrid Technology, by Assignee Company, 2020
Figure 192: ABB Ltd: Sales Share, by Segment, 2020
Figure 193: ABB Ltd: Sales Share, by Region, 2020
Figure 194: Eaton Corp. plc: Sales Share, by Segment, 2020
Figure 195: Eaton Corp. plc: Sales Share, by Region, 2020
Figure 196: General Electric: Sales Share, by Segment, 2021
Figure 197: General Electric: Sales Share, by Region, 2021
Figure 198: Honeywell International Inc.: Sales Share, by Segment, 2020
Figure 199: Honeywell International Inc.: Sales Share, by Region, 2020
Figure 200: Schneider Electric SE: Sales Share, by Segment, 2020
Figure 201: Schneider Electric SE: Sales Share, by Region, 2020
Figure 202: Siemens AG: Sales Share, by Segment, 2021
Figure 203: Siemens AG: Sales Share, by Region, 2021
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FEATURED COMPANIES

  • Abb Ltd.
  • Canopy Power
  • Eaton Corp. plc
  • General Electric
  • Homer Energy LLC
  • Pareto Energy Ltd.
Microgrids are a critical and fundamental component of the development of smart grids. It is a distributed energy resource-based small-scale power system. To fully utilize the distributed generation potential, it is critical to adopt a system in which the associated loads and generation are treated as a subsystem or microgrid.

Distributed renewable energy microgrid technology holds significant potential as a key driver for increasing energy access for millions of people around the world without access to energy as well as for providing reliable and stable power to industry. Because the microgrid approach to electrical distribution allows local users more flexibility to control the optimization of powersources and uses, it is growing in appeal.

Microgrids are an extension of on-site generators, or dedicated power supplies, sometimes called captive generation. Technically, a microgrid is a grouping of small, independent power-generating equipment connected to computer systems that monitor, control and balance energy demand and supply and storage in response to changing energy needs. They can also be cleaner if solar or wind is used as part of the energy mix. Now that solar panel prices have fallen, distributed solar can be cheaper than running diesel generators alone for backup power. The microgrid market is therefore undergoing a transformation from a niche application intended for military bases, telecommunication base stations and remote communities to national grid extenders, a grid modernization tool for utilities, cities, communities and public institutions.

Market growth can be attributed to several factors, which vary depending on global region but include a growing demand for stable and reliable electricity, declining prices for microgrid technology, increasingly unstable grids (especially in more developed countries) and a lack of grid connectivity in many developing countries.

Emerging markets with little or no infrastructure are, in some ways, ideal for the microgrid system because they avoid the need for expensive and inefficient transmission and distribution systems. Microgrids allow the developer and user to put generation closer to the load, so there are fewer losses and no need to build the expensive transmission and distribution networks that are typical with the central generation model in use in much of the world today.

Note: Product cover images may vary from those shown
  • Abb Ltd.
  • Canopy Power
  • Eaton Corp. plc
  • General Electric
  • Homer Energy LLC
  • Honeywell International Inc.
  • Pareto Energy Ltd.
  • S&C Electric Co.
  • Schneider Electric Se
  • Siemens Ag
Note: Product cover images may vary from those shown