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Remote Microgrid - Global Market Trajectory & Analytics

  • ID: 5139959
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ABB Group
  • GE Digital Energy
  • General MicroGrids
  • S&C Electric Company
  • Siemens AG
  • Toshiba Corporation
  • MORE
Global Remote Microgrid Market to Reach $18.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Remote Microgrid estimated at US$7 Billion in the year 2020, is projected to reach a revised size of US$18.2 Billion by 2027, growing at a CAGR of 14.5% over the analysis period 2020-2027. Village Electrification, one of the segments analyzed in the report, is projected to record a 13.9% CAGR and reach US$10.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Grid Island segment is readjusted to a revised 16.6% CAGR for the next 7-year period.



The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 14% CAGR

The Remote Microgrid market in the U.S. is estimated at US$2.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2027 trailing a CAGR of 14% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 12.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.

Industrial Remote Mine Systems Segment to Record 12.9% CAGR

In the global Industrial Remote Mine Systems segment, USA, Canada, Japan, China and Europe will drive the 12.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$583.5 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.2 Billion by the year 2027.

Select Competitors (Total 48 Featured):
  • ABB Group
  • GE Digital Energy
  • General MicroGrids
  • S&C Electric Company
  • Siemens AG
  • Toshiba Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Group
  • GE Digital Energy
  • General MicroGrids
  • S&C Electric Company
  • Siemens AG
  • Toshiba Corporation
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Remote Microgrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 2: World Historic Review for Remote Microgrid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 3: World 15-Year Perspective for Remote Microgrid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2018 & 2027
  • Table 4: World Current & Future Analysis for Village Electrification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 5: World Historic Review for Village Electrification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 6: World 15-Year Perspective for Village Electrification by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • Table 7: World Current & Future Analysis for Grid Island by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 8: World Historic Review for Grid Island by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 9: World 15-Year Perspective for Grid Island by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • Table 10: World Current & Future Analysis for Industrial Remote Mine Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 11: World Historic Review for Industrial Remote Mine Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 12: World 15-Year Perspective for Industrial Remote Mine Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • Table 13: World Current & Future Analysis for Remote Military Microgrids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 14: World Historic Review for Remote Military Microgrids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 15: World 15-Year Perspective for Remote Military Microgrids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 16: USA Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 17: USA Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 18: USA 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • CANADA
  • Table 19: Canada Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 20: Canada Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 21: Canada 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • JAPAN
  • Table 22: Japan Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 23: Japan Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 24: Japan 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • CHINA
  • Table 25: China Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 26: China Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 27: China 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • EUROPE
  • Table 28: Europe Current & Future Analysis for Remote Microgrid by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
  • Table 29: Europe Historic Review for Remote Microgrid by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 30: Europe 15-Year Perspective for Remote Microgrid by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2018 & 2027
  • Table 31: Europe Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 32: Europe Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 33: Europe 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • FRANCE
  • Table 34: France Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 35: France Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 36: France 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • GERMANY
  • Table 37: Germany Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 38: Germany Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 39: Germany 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • ITALY
  • Table 40: Italy Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 41: Italy Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 42: Italy 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • UNITED KINGDOM
  • Table 43: UK Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 44: UK Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 45: UK 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • REST OF EUROPE
  • Table 46: Rest of Europe Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 47: Rest of Europe Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 48: Rest of Europe 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • ASIA-PACIFIC
  • Table 49: Asia-Pacific Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 50: Asia-Pacific Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 51: Asia-Pacific 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
  • REST OF WORLD
  • Table 52: Rest of World Current & Future Analysis for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
  • Table 53: Rest of World Historic Review for Remote Microgrid by End-Use - Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017 and % CAGR
  • Table 54: Rest of World 15-Year Perspective for Remote Microgrid by End-Use - Percentage Breakdown of Value Sales for Village Electrification, Grid Island, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2012, 2018 & 2027
IV. COMPETITION
  • Total Companies Profiled: 48
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ABB Group
  • GE Digital Energy
  • General MicroGrids
  • S&C Electric Company
  • Siemens AG
  • Toshiba Corporation
Note: Product cover images may vary from those shown
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