+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Microgrid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026

  • ID: 4851743
  • Report
  • November 2018
  • Region: Global
  • 207 pages
  • Transparency Market Research
1 of 2

Enquire about COVID-19 updates for this product.

Enquire Now

Microgrid Market - Overview

Microgrid is an arrangement of distributed energy sources and loads as a single controllable entity within a well-defined electric boundaries. Microgrids can connect to and disconnect from utility grids, enabling them to operate in a grid-connected and island mode and offering better reliability and grid resilience. Microgrids provide several benefits such as integration of smart grids and grid modernization. Moreover, they act as a power backup in case of main grid failure. Increasing demand for power and advancements in the distributed generation technology are anticipated to drive the microgrid market in the next few years.

This report analyzes and forecasts the market for microgrid at the global and regional levels. The market has been forecast in terms of volume (megawatt) and value (US$ Mn) from 2018 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global microgrid market. It also covers the anticipated impact of these drivers and restraints on the demand for microgrids during the forecast period. The report highlights opportunities in the microgrid market at the global and regional levels.

The report includes detailed value chain analysis, which provides a comprehensive view of the global microgrid market. Porter’s five forces model for the microgrid market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein connectivity and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global microgrid market by segmenting it in terms of connectivity and application. In terms of connectivity, the market can be classified into grid-tied (grid-connected) and off-grid. Based on application, the microgrid market can be categorized into campus & institution, community & utility, commercial & industrial, defense & military, and remote island. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for microgrid in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual market size of the microgrid market for 2017 and the estimated market size for 2018 with forecast for the next eight years. The size of the global microgrid market has been provided in terms of volume and value. The market volume has been defined in megawatts, while the market value has been defined in US$ Mn. Market numbers have been estimated based on connectivity and application segments of the microgrid market. The market size have been provided for global, regional, and country-level markets.

The report comprises profiles of major companies operating in the global microgrid market. Key players in the market are Siemens AG, General Electric, S&C Electric Company, ABB Group, Schneider Electric SE, Engie Group, Honeywell International Inc., Echelon Corporation, Pareto Energy Limited, Toshiba Corporation, Duke Energy Corporation, and Power Analytics Corporation. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, regional presence, and recent developments.

Key Takeaways 

  • The report provides extensive analysis of the microgrid market trends and shares from 2017 to 2026 to identify growth opportunities and analyze market developments
  • The grid-tied (grid-connected) segment accounts for a prominent market share, due to high demand for reliable and affordable power from industrial, commercial, communities, and other end-users
  • Among applications, the community & utility segment is anticipated to expand at a significant rate during the forecast period
  • Among regions, the market in Asia Pacific is expected to expand at a significant rate during the forecast period
  • Aging power infrastructure, increasing incidence of power outages, and rising distributed generation capacities are expected to drive the microgrid market in the near future
  • The report offers a list of key factors useful for building a roadmap of upcoming opportunities for the microgrid market at the global, regional, and country levels
  • The report provides insights into growth opportunities for various stakeholders in the value chain and a detailed competition landscape of key players operating in the market to help understand the market competition level
Note: Product cover images may vary from those shown
2 of 2
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Secondary Sources and Acronyms Used
2.3. Research Methodology

3. Executive Summary
3.1. Market Snapshot
3.2. Top Trends

4. Market Overview

5. Market Dynamics
5.1. Drivers and Restraints Snapshot Analysis
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunity
5.2. Porter’s Analysis
5.2.1. Threat of Substitutes
5.2.2. Bargaining Power of Buyers
5.2.3. Bargaining Power of Suppliers
5.2.4. Threat of New Entrants
5.2.5. Degree of Competition
5.3. Value Chain Analysis
5.4. Regulatory Scenario

6. Global Microgrid Market Analysis and Forecast, by Connectivity, 2017-2026
6.1. Introduction
6.2. Key Findings
6.3. Global Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Connectivity, 2017-2026
6.3.1. Grid-tied (Grid-connected)
6.3.2. Off-grid
6.4. Global Microgrid Market Attractiveness Analysis, by Connectivity

7. Global Microgrid Market Analysis and Forecast, by Application, 2017-2026
7.1. Introduction
7.2. Key Findings
7.3. Global Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Application, 2017-2026
7.3.1. Campus & Institution
7.3.2. Community & Utility
7.3.3. Commercial & Industrial
7.3.4. Defense & Military
7.3.5. Remote Island
7.4. Global Microgrid Market Attractiveness Analysis, by Application

8. Global Microgrid Market Analysis, by Region, 2017-2026
8.1. Global Microgrid Market Value and Growth Scenario, by Region, 2017
8.2. Key Findings
8.3. Global Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Region, 2017-2026
8.3.1. North America
8.3.2. Europe
8.3.3. Asia Pacific
8.3.4. Middle East & Africa
8.3.5. Latin America
8.4. Global Microgrid Market Attractiveness Analysis, by Region

9. North America Microgrid Market Analysis, 2017-2026
9.1. Key Findings
9.2. North America Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Connectivity
9.2.1. Grid-tied (Grid-connected)
9.2.2. Off-grid
9.3. North America Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Application
9.3.1. Campus & Institution
9.3.2. Community & Utility
9.3.3. Commercial & Industrial
9.3.4. Defense & Military
9.3.5. Remote Island
9.4. U.S. Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
9.4.1. Grid-tied (Grid-connected)
9.4.2. Off-grid
9.5. U.S. Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
9.5.1. Campus & Institution
9.5.2. Community & Utility
9.5.3. Commercial & Industrial
9.5.4. Defense & Military
9.5.5. Remote Island
9.6. Canada Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
9.6.1. Grid-tied (Grid-connected)
9.6.2. Off-grid
9.7. Canada Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
9.7.1. Campus & Institution
9.7.2. Community & Utility
9.7.3. Commercial & Industrial
9.7.4. Defense & Military
9.7.5. Remote Island
9.8. North America Microgrid Market Attractiveness Analysis
9.8.1. By Connectivity
9.8.2. By Application
9.8.3. By Country

10. Europe Microgrid Market Analysis, 2017-2026
10.1. Key Findings
10.2. Europe Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Connectivity
10.2.1. Grid-tied (Grid-connected)
10.2.2. Off-grid
10.3. Europe Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Application
10.3.1. Campus & Institution
10.3.2. Community & Utility
10.3.3. Commercial & Industrial
10.3.4. Defense & Military
10.3.5. Remote Island
10.4. Germany Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
10.4.1. Grid-tied (Grid-connected)
10.4.2. Off-grid
10.5. Germany Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
10.5.1. Campus & Institution
10.5.2. Community & Utility
10.5.3. Commercial & Industrial
10.5.4. Defense & Military
10.5.5. Remote Island
10.6. France Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
10.6.1. Grid-tied (Grid-connected)
10.6.2. Off-grid
10.7. France Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
10.7.1. Campus & Institution
10.7.2. Community & Utility
10.7.3. Commercial & Industrial
10.7.4. Defense & Military
10.7.5. Remote Island
10.8. U.K. Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
10.8.1. Grid-tied (Grid-connected)
10.8.2. Off-grid
10.9. U.K. Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
10.9.1. Campus & Institution
10.9.2. Community & Utility
10.9.3. Commercial & Industrial
10.9.4. Defense & Military
10.9.5. Remote Island
10.10. Denmark Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
10.10.1. Grid-tied (Grid-connected)
10.10.2. Off-grid
10.11. Denmark Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
10.11.1. Campus & Institution
10.11.2. Community & Utility
10.11.3. Commercial & Industrial
10.11.4. Defense & Military
10.11.5. Remote Island
10.12. Russia & CIS Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
10.12.1. Grid-tied (Grid-connected)
10.12.2. Off-grid
10.13. Russia & CIS Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
10.13.1. Campus & Institution
10.13.2. Community & Utility
10.13.3. Commercial & Industrial
10.13.4. Defense & Military
10.13.5. Remote Island
10.14. Rest of Europe Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
10.14.1. Grid-tied (Grid-connected)
10.14.2. Off-grid
10.15. Rest of Europe Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
10.15.1. Campus & Institution
10.15.2. Community & Utility
10.15.3. Commercial & Industrial
10.15.4. Defense & Military
10.15.5. Remote Island
10.16. Europe Microgrid Market Attractiveness Analysis
10.16.1. By Connectivity
10.16.2. By Application
10.16.3. By Country/Sub-region

11. Asia Pacific Microgrid Market Analysis, 2017-2026
11.1. Key Findings
11.2. Asia Pacific Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Connectivity
11.2.1. Grid-tied (Grid-connected)
11.2.2. Off-grid
11.3. Asia Pacific Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Application
11.3.1. Campus & Institution
11.3.2. Community & Utility
11.3.3. Commercial & Industrial
11.3.4. Defense & Military
11.3.5. Remote Island
11.4. China Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
11.4.1. Grid-tied (Grid-connected)
11.4.2. Off-grid
11.5. China Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
11.5.1. Campus & Institution
11.5.2. Community & Utility
11.5.3. Commercial & Industrial
11.5.4. Defense & Military
11.5.5. Remote Island
11.6 India Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
11.6.1. Grid-tied (Grid-connected)
11.6.2. Off-grid
11.7. India Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
11.7.1. Campus & Institution
11.7.2. Community & Utility
11.7.3. Commercial & Industrial
11.7.4. Defense & Military
11.7.5. Remote Island
11.8. Australia Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
11.8.1. Grid-tied (Grid-connected)
11.8.2. Off-grid
11.9. Australia Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
11.9.1. Campus & Institution
11.9.2. Community & Utility
11.9.3. Commercial & Industrial
11.9.4. Defense & Military
11.9.5. Remote Island
11.10. ASEAN Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
11.10.1. Grid-tied (Grid-connected)
11.10.2. Off-grid
11.11. ASEAN Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
11.11.1. Campus & Institution
11.11.2. Community & Utility
11.11.3. Commercial & Industrial
11.11.4. Defense & Military
11.11.5. Remote Island
11.12. Rest of Asia Pacific Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Connectivity
11.12.1. Grid-tied (Grid-connected)
11.12.2. Off-grid
11.13. Rest of Asia Pacific Microgrid Market Volume (MW) & Value (US$ Mn) Forecast, by Application
11.13.1. Campus & Institution
11.13.2. Community & Utility
11.13.3. Commercial & Industrial
11.13.4. Defense & Military
11.13.5. Remote Island
11.14. Asia Pacific Microgrid Market Attractiveness Analysis
11.14.1. By Connectivity
11.14.2. By Application
11.14.3. By Country/Sub-region

12. Middle East & Africa Microgrid Market Analysis, 2017-2026
12.1. Key Findings
12.2. Middle East & Africa Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Connectivity
12.2.1. Grid-tied (Grid-connected)
12.2.2. Off-grid
12.3. Middle East & Africa Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Application
12.3.1. Campus & Institution
12.3.2. Community & Utility
12.3.3. Commercial & Industrial
12.3.4. Defense & Military
12.3.5. Remote Island
12.4. Middle East & Africa Microgrid Market Attractiveness Analysis
12.4.1. By Connectivity
12.4.2. By Application

13. Latin America Microgrid Market Analysis, 2017-2026
13.1. Key Findings
13.2. Latin America Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Connectivity
13.2.1. Grid-tied (Grid-connected)
13.2.2. Off-grid
13.3. Latin America Microgrid Market Volume (MW) & Value (US$ Mn) Share Analysis & Forecast, by Application
13.3.1. Campus & Institution
13.3.2. Community & Utility
13.3.3. Commercial & Industrial
13.3.4. Defense & Military
13.3.5. Remote Island
13.4. Latin America Microgrid Market Attractiveness Analysis
13.4.1. By Connectivity
13.4.2. By Application

14. Competition Landscape
14.1. Global Microgrid Market Share Analysis, by Company (2017)
14.2. Competition Matrix
14.3. Market Footprint Analysis, 2017
14.4. Company Profiles
14.4.1. Siemens AG
14.4.1.1. Company Description
14.4.1.2. Business Overview
14.4.1.3. Financial Overview
14.4.1.4. Strategic Overview
14.4.2. General Electric
14.4.2.1. Company Description
14.4.2.2. Business Overview
14.4.2.3. Financial Overview
14.4.2.4. Strategic Overview
14.4.3. S&C Electric Company
14.4.3.1. Company Description
14.4.3.2. Business Overview
14.4.4. ABB Group
14.4.4.1. Company Description
14.4.4.2. Business Overview
14.4.4.3. Financial Overview
14.4.4.4. Strategic Overview
14.4.5. Schneider Electric SE
14.4.5.1. Company Description
14.4.5.2. Business Overview
14.4.5.3. Financial Overview
14.4.5.4. Strategic Overview
14.4.6. Engie Group
14.4.6.1. Company Description
14.4.6.2. Business Overview
14.4.6.3. Financial Overview
14.4.6.4. Strategic Overview
14.4.7. Honeywell International Inc.
14.4.7.1. Company Description
14.4.7.2. Business Overview
14.4.7.3. Financial Overview
14.4.7.4. Strategic Overview
14.4.8. Echelon Corporation
14.4.8.1. Company Description
14.4.8.2. Business Overview
14.4.8.3. Financial Overview
14.4.8.4. Strategic Overview
14.4.9. Pareto Energy Limited
14.4.9.1. Company Description
14.4.9.2. Business Overview
14.4.10. Toshiba Corporation
14.4.10.1. Company Description
14.4.10.2. Business Overview
14.4.10.3. Financial Overview
14.4.10.4. Strategic Overview
14.4.11. Duke Energy Corporation
14.4.11.1. Company Description
14.4.11.2. Business Overview
14.4.11.3. Financial Overview
14.4.11.4. Strategic Overview
14.4.12. Power Analytics Corporation
14.4.12.1. Company Description
14.4.12.2. Business Overview

15. Primary Research - Key Insights
Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll