This market study assesses the leading microgrid technologies that are currently in use globally for powering commercial, industrial, military, and educational facilities such as universities, homes and communities, and rural/off-grid villages. The microgrid technologies discussed in this report are in use across these industries and many more as well as new emerging sectors driven by technological innovation.
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.
The researchers analyze each major microgrid technology, determines its current market status, examines its impact on future markets and presents forecasts of growth over the next five years. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely regulatory environments in the industry.
The researchers analyze the industry worldwide in terms of manufacturing and deployment of technologies or products. For the most relevant and available microgrid technologies The publisher examines the role of government both in regulating the industry and in supporting these microgrid technologies through promotional incentives. The report discusses recent trends and sales and provides industry overviews and market assessments for leading microgrid technology. Estimated values used are based on manufacturers’ total revenues.
- 29 data tables and 7 additional tables
- An overview of the global market for microgrid technologies
- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Identification of segments with high growth potential and their future applications
- Explanation of major drivers and regional dynamics of the market and current trends within the industry
- Detailed profiles of major vendors in the market, including ABB Group, ALSTOM Power, Inc., Burns Engineering, Inc., Caterpillar Inc. and Toshiba Corp.
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Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Grid-connected vs. Off-grid Microgrids
Types of Microgrids by Connectivity
Hospitals and Healthcare Facilities
Campus and Institutional Microgrids
Commercial and Industrial (C&I) Microgrids
Community and Utility Microgrids
Military Base Microgrids
Where are Microgrids Found?
Cogeneration (CHP) and Micro-CHP
Diesel Generator and Diesel Hybrid and Fuel Cells
Renewable Power Sources
PV Solar Cells
Distributed Energy Storage Systems
Others Storage Technologies
Microgrid Software Technologies
Microgrid Software as a Service
Automated Demand Response
Distribution Automation (DA)
Engineering and Design
Monitoring and Control
Operations and Maintenance
The Economics of Microgrids
Microgrid Project Economics
Revenue Implications of Microgrids
Safety, Islanding, and Energy Storage Standards
The Microgrid Value Chain
Standardization and Interoperability
Offering a Total Solution
Advantages and Disadvantages of Microgrids
The Future of Microgrids
Chapter 4 Market Breakdown by Product Type
Global Microgrid Market
Microgrid Hardware Market
Microgrid Software Market
Microgrid Services Market
Chapter 5 Market Breakdown by Connection Type
Global Microgrid Market by Connection
Grid-connected Microgrid Market
Remote/Island Microgrid Market
Hybrid Microgrid Market
Chapter 6 Market Breakdown by Power Source
Global Microgrid Market by Power Source
Diesel-Powered Microgrid Market
CHP-Powered Microgrid Market
Solar PV-Powered Microgrid Market
Wind-Powered Microgrid Market
Others Powered Microgrid Market
Chapter 7 Market Breakdown by Application
Global Microgrid Market by Application End User
Healthcare/Government Microgrid Market
Institutional Microgrid Market
Commercial and Industrial Microgrid Market
Military Microgrid Market
Community/Utility Microgrid Market
Remote, Island and Village Microgrid Market
Chapter 8 Market Breakdown by Region
Global Microgrid Market by Region
North American Microgrid Market
Asia-Pacific Microgrid Market
European Microgrid Market
Latin American Microgrid Market
African Microgrid Market
Middle East Microgrid Market
Chapter 9 Patent Review/New Developments
Trends Over Time
Patent Review by Software
Patent Review by Storage
Other Relevant Patents
Patent Review by Country
Patent Review by Assignee
Chapter 10 Analysis of Market Opportunities
Trends and Opportunities
Outlook for the Microgrid Technologies Market
Cost and Technology
Financing and Business Model Identification
Regulation as a Barrier to Growth
Chapter 11 Company Profiles
ALSTOM POWER LTD.
ANBARIC TRANSMISSION LLC
AZURE POWER GLOBAL LTD.
BLACK & VEATCH
BOSCH BUILDING GRID TECHNOLOGIES (BGT)
BYD COMPANY LTD.
CANADIAN SOLAR SOLUTIONS INC.
CAPSTONE TURBINE CORP.
CARNEGIE CLEAN ENERGY LTD.
CHINA SINGYES SOLAR TECHNOLOGIES HOLDINGS LTD.
CONSTELLATION ENERGY GROUP INC.
EATON CORP. PLC.
ELECTRO POWER SYSTEMS SA
FIRST SOLAR INC.
G&S SOLAR INSTALLERS LLC.
GENERAL ELECTRIC CO.
GENERAL MICROGRIDS INC.
GRAM POWER INDIA PVT. LTD.
GREEN ENERGY CORP.
HOMER ENERGY LLC.
HUSK POWER SYSTEMS PVT. LTD.
JOHNSON CONTROLS INC.
LANDIS & GYR AG
LOCKHEED MARTIN CORP.
MERA GAO POWER PVT. LTD.
MITSUBISHI ELECTRIC CORP.
MITSUI & CO. LTD.
MOIXA ENERGY HOLDINGS LTD.
NEC ENERGY SOLUTIONS INC.
NRG ENERGY INC.
NUSCALE POWER LLC
OMC POWER PTE. LTD.
PARETO ENERGY LTD.
PARKER HANNIFIN CORP.
POWER ANALYTICS CORP.
PRINCETON POWER SYSTEMS
S&C ELECTRIC CO.
SCHNEIDER ELECTRIC SE
SELCO SOLAR PVT. LTD.
SOLAR CITY CORP.
STEAMA CO. LTD.
SUN EDISON LLC
SUNGROW POWER SUPPLY CO. LTD.
SUNVERGE ENERGY INC.
TRINITY SOLAR INC.
VICTRON ENERGY B.V.
VIRIDITY ENERGY INC.
VIVINT SOLAR INC.
WELSPUN ENERGY LTD.
ZF ENERGY DEVELOPMENT LLC
Chapter 12 Appendix
List of Tables
Summary Table: Global Market for Microgrid Technologies, by Connection Type, Through 2022
Table 1: Small to Pico Hydroelectric Power Plant Sizes
Table 2: Mechanical and Electrical Energy Storage Systems
Table 3: Global Market for Microgrid Technology, by Product Type, Through 2022
Table 4: Global Market for Microgrid Hardware Technology, Through 2022
Table 5: Global Market for Microgrid Software Technology, Through 2022
Table 6: Global Market for Microgrid Services, Through 2022
Table 7: Global Market for Microgrid Technology, by Connection Type, Through 2022
Table 8: Global Market for Grid-connected Microgrids, Through 2022
Table 9: Global Market for Remote Microgrids, Through 2022
Table 10: Global Market for Hybrid Microgrids, Through 2022
Table 11: Global Market for Microgrid Technology, by Power Source, Through 2022
Table 12: Global Market for Microgrid Technology, by Diesel Power Source, Through 2022
Table 13: Global Market for Microgrid Technology, by CHP Power Source, Through 2022
Table 14: Global Market for Microgrid Technology, by Solar PV Power Source, Through 2022
Table 15: Global Market for Microgrid Technology, by Wind Power Source, Through 2022
Table 16: Global Market for Microgrid Technology, by Other Powered Source, Through 2022
Table 17: Global Market for Microgrid Technology, by Application End User, Through 2022
Table 18: Global Market for Healthcare and Government Microgrids, Through 2022
Table 19: Global Market for Institutional Microgrids, Through 2022
Table 20: Global Market for Commercial and Industrial Microgrids, Through 2022
Table 21: Global Market for Military Microgrids, Through 2022
Table 22: U.S. Military Bases with Microgrids
Table 23: Global Market for Community and Utility Microgrids, Through 2022
Table 24: Global Market for Remote, Island and Village Microgrids, Through 2022
Table 25: Announced Island Microgrid Projects
Table 26: Global Market for Microgrid Technology, by Region, Through 2022
Table 27: North American Market for Microgrid Technology, Through 2022
Table 28: Asia-Pacific Market for Microgrid Technology, Through 2022
Table 29: European Market for Microgrid Technology, Through 2022
Table 30: Latin American Market for Microgrid Technology, Through 2022
Table 31: African Market for Microgrid Technology, Through 2022
Table 32: Middle Eastern Market for Microgrid Technology, Through 2022
Table 33: Key Microgrid Drivers, Developed vs. Developing Regions
Table 34: Abbreviations Used in Microgrid Technologies Market Report
Table 35: Report Sources
List of Figures
Summary Figure B: Global Market Share for Microgrid Technologies, by Connection Type, 2017
Summary Figure A: Global Market for Microgrid Technologies, by Connection Type, 2016-2022
Figure 1: Microgrid Architecture
Figure 2: Grid-Tied Microgrid System
Figure 3: Off-Grid Microgrid System
Figure 4: Hybrid Microgrid System
Figure 5: Standalone AC Microgrid System
Figure 6: Standalone DC Microgrid System
Figure 7: Industries Most Likely to Use Microgrids
Figure 8: Common CHP Technologies
Figure 9: Combined Heat and Power System
Figure 10: Diesel Generator
Figure 11: Hydrogen Fuel Cell
Figure 12: Photovoltaic (PV) Cell
Figure 13: Solar PV Array
Figure 14: Wind Turbine Operation
Figure 15: Wind Microgrid System
Figure 16: Waste-to-Energy System
Figure 17: Conventional Hydroelectric Power Plant
Figure 18: Run-of-River Hydropower Plant
Figure 19: Battery Power-Energy Spectrum
Figure 20: Deep Cycle Battery Bank
Figure 21: Lithuim-Ion Batterry
Figure 22: Lead-Acid Battery
Figure 23: Flow Battery System
Figure 24: Fly Wheel Energy Storage
Figure 25: Sine wave vs Pure/Square wave
Figure 26: Mini grid Business Models
Figure 27: Microgrid Value Chain
Figure 28: Global Market for Microgrid Technology, by Product Type, 2016-2022
Figure 29: Global Market Share for Microgrid Technology, by Product Type, 2017
Figure 30: Global Market for Microgrid Hardware Technology, 2016-2022
Figure 31: Price of Silicon PV Cells, 2000-2016
Figure 32: Global Market for Microgrid Software Technology, 2016-2022
Figure 33: Global Market for Microgrid Services, 2016-2022
Figure 34: Microgrid Services Lifecycle
Figure 35: Global Market for Microgrid Technology, by Connection Type, 2016-2022
Figure 36: Global Market Share for Microgrid Technology, by Connection Type, 2017
Figure 37: Global Market for Grid-connected Microgrids, 2016-2022
Figure 38: Global Market for Remote Microgrids, 2016-2022
Figure 39: Global Market for Hybrid Microgrids, 2016-2022
Figure 40: Global Market for Microgrid Technology, by Power Source, 2016-2022
Figure 41: Global Market Share for Microgrid Technology, by Power Source, 2017
Figure 42: Global Market for Microgrid Technology, by Diesel Power Source, 2016-2022
Figure 43: Diesel Prices in Selected Countries, September 2017
Figure 44: Diesel Generator Sales in Emerging Economies, Latin America, Africa, Asia and Island Nations, 2010-2016
Figure 45: Global Market for Microgrid Technology, by CHP Power Source, 2016-2022
Figure 46: Global Market for Microgrid Technology, by Solar PV Power Source, 2016-2022
Figure 47: Chinese Solar Panel Sales to Developing Countries, January 2015 to January 2017
Figure 48: Global Market for Microgrid Technology, by Wind Power Source, 2016-2022
Figure 49: Wind Cost per KwH, 2000-2016
Figure 50: Global Market for Microgrid Technology, by Other Power Source, 2016-2022
Figure 51: Global Market for Microgrid Technology, by Application End User, 2016-2022
Figure 52: Global Market for Healthcare and Government Microgrids, 2016-2022
Figure 53: Global Market for Institutional Microgrids, 2016-2022
Figure 54: Global Market for Commercial and Industrial Microgrids, 2016-2022
Figure 55: Corporate PPAs Signed in the Middle East and Africa, by Country
Figure 56: Corporate PPAs Signed in Middle East and Africa, by Type
Figure 57: Global Market for Military Microgrids, 2016-2022
Figure 58: Global Market for Community and Utility Microgrids, 2016-2022
Figure 59: Global Market for Remote, Island and Village Microgrids, 2016-2022
Figure 60: Island Microgrid Projects Announced in the Asia-Pacific Region, Q1 2017
Figure 61: Global Market for Microgrid Technology, by Region, 2016-2022
Figure 62: North American Market for Microgrid Technology, 2016-2022
Figure 63: North American Market Share for Microgrid Technology, 2016
Figure 64: Average Electric Power Service Interruptions per Customer, by Utility Type, 2015
Figure 65: Asia-Pacific Market for Microgrid Technology, 2016-2022
Figure 66: Unelectrified Villages in India
Figure 67: European Market for Microgrid Technology, 2016-2022
Figure 68: Global Market for Latin American Microgrids, 2016-2022
Figure 69: African Market for Microgrid Technology, 2016-2022
Figure 70: Electrification Rates in Selected Sub-Saharan African Countries, 2016
Figure 71: Middle Eastern Market for Microgrid Technology, 2016-2022
Figure 72: Patent Share for Microgrid Technology by Technology Type
Figure 73: Patent Share for Microgrid Technology, by Region
Figure 74: Patent Share for Microgrid Technology, by Company
- ABB Ltd.
- Alstom Power Ltd.
- Ampard AG
- Anbaric Transmission LLC
- Aquion Energy
- Azure Power Global Ltd.
- Black & Veatch
- Bosch Building Grid Technologies (BGT)
- Burns Engineering
- Byd Company Ltd.
- Canadian Solar Solutions Inc.
- Capstone Turbine Corp.
- Carnegie Clean Energy Ltd.
- Caterpillar Inc.
- Cenergy Power
- China Singyes Solar Technologies Holdings Ltd.
- Cleanspark Inc.
- Constellation Energy Group Inc.
- Eaton Corp. Plc.
- Electro Power Systems SA
- Encorp Inc.
- Enerdel Inc.
- Engie SA
- Ensync, Inc.
- Exelon Corp.
- First Solar Inc.
- Fluidic Energy
- Focused Sun
- G&S Solar Installers Llc.
- General Electric Co.
- General Microgrids Inc.
- Gram Power India Pvt. Ltd.
- Green Energy Corp.
- Hitachi Ltd.
- Homer Energy LLC.
- Husk Power Systems Pvt. Ltd.
- Johnson Controls Inc.
- Komaihaltec Inc.
- Landis & Gyr AG
- Lockheed Martin Corp.
- Mera Gao Power Pvt. Ltd.
- Mitsubishi Electric Corp.
- Mitsui & Co. Ltd.
- Moixa Energy Holdings Ltd.
- NEC Energy Solutions Inc.
- NRG Energy Inc.
- Nuscale Power LLC
- Omc Power Pte. Ltd.
- Pareto Energy Ltd.
- Parker Hannifin Corp.
- Power Analytics Corp.
- Powerhive Inc.
- Princeton Power Systems
- S&C Electric Co.
- Schneider Electric SE
- Selco Solar PVT. Ltd.
- Siemens AG
- Solar City Corp.
- Spirae Inc.
- Steama Co. Ltd.
- Sun Edison Llc
- Sungevity Inc.
- Sungrow Power Supply Co. Ltd.
- Sunpower Corp.
- Sunrun Inc,
- Sunverge Energy Inc.
- Tesla Inc.
- Toshiba Corp.
- Trinity Solar Inc.
- Verengo Inc.
- Victron Energy B.V.
- Viridity Energy Inc.
- Vivint Solar Inc.
- Welspun Energy Ltd.
- ZF Energy Development LLC