Global Grid-connected Microgrid Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Publication ID:

GIR122404191

Publication Date:

December 11, 2024

Pages:

Publisher:

GIR

Countries:

Global [1]

USD 3,480.00

Utilities [2]

General Energy [3]

Energy Trading & Marketing [4]

Energy & Utilities [5]

Description:

The global Grid-connected Microgrid market size was valued at USD 15720 million in 2023 and is forecast to a readjusted size of USD 37690 million by 2030 with a CAGR of 13.3% during review period.
The grid-connected microgrid includes multiple generators, power distribution systems, and complex controls. The main grid acts as the main power source for the grid-connected microgrid. These microgrids rely on the main grid for power balance and energy backup. Grid-connected microgrids generally have higher reliability than remote / island microgrids due to their connection to the main grid. The growth of the grid-connected microgrid market can be attributed to the expansion of utility-based grid networks and the large-scale use of renewable energy sources (such as offshore wind energy). Grid-connected microgrids can provide grid flexibility and improve quality. Their impact on the environment is small, thus driving demand for clean energy.
The report includes an overview of the development of the Grid-connected Microgrid industry chain, the market status of Commercial and Industrial (AC Microgrid, DC Microgrid), Government (AC Microgrid, DC Microgrid), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grid-connected Microgrid.
Regionally, the report analyzes the Grid-connected Microgrid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grid-connected Microgrid market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Grid-connected Microgrid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grid-connected Microgrid industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., AC Microgrid, DC Microgrid).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grid-connected Microgrid market.
Regional Analysis: The report involves examining the Grid-connected Microgrid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grid-connected Microgrid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Grid-connected Microgrid:
Company Analysis: Report covers individual Grid-connected Microgrid players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grid-connected Microgrid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial and Industrial, Government).
Technology Analysis: Report covers specific technologies relevant to Grid-connected Microgrid. It assesses the current state, advancements, and potential future developments in Grid-connected Microgrid areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grid-connected Microgrid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Grid-connected Microgrid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
AC Microgrid
DC Microgrid
Hybrid Microgrid
Market segment by Application
Commercial and Industrial
Government
Military
Healthcare
Market segment by players, this report covers
ABB
General Electric Company
Siemens AG
Eaton Corporation
Schneider Electric
Honeywell International
HOMER Energy LLC
Power Analytics Corporation
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Grid-connected Microgrid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Grid-connected Microgrid, with revenue, gross margin and global market share of Grid-connected Microgrid from 2019 to 2024.
Chapter 3, the Grid-connected Microgrid competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Grid-connected Microgrid market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Grid-connected Microgrid.
Chapter 13, to describe Grid-connected Microgrid research findings and conclusion.

Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Product Overview and Scope of Grid-connected Microgrid
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Grid-connected Microgrid by Type
1.3.1 Overview: Global Grid-connected Microgrid Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Grid-connected Microgrid Consumption Value Market Share by Type in 2023
1.3.3 AC Microgrid
1.3.4 DC Microgrid
1.3.5 Hybrid Microgrid
1.4 Global Grid-connected Microgrid Market by Application
1.4.1 Overview: Global Grid-connected Microgrid Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Commercial and Industrial
1.4.3 Government
1.4.4 Military
1.4.5 Healthcare
1.5 Global Grid-connected Microgrid Market Size & Forecast
1.6 Global Grid-connected Microgrid Market Size and Forecast by Region
1.6.1 Global Grid-connected Microgrid Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Grid-connected Microgrid Market Size by Region, (2019-2030)
1.6.3 North America Grid-connected Microgrid Market Size and Prospect (2019-2030)
1.6.4 Europe Grid-connected Microgrid Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Grid-connected Microgrid Market Size and Prospect (2019-2030)
1.6.6 South America Grid-connected Microgrid Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa Grid-connected Microgrid Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 ABB
2.1.1 ABB Details
2.1.2 ABB Major Business
2.1.3 ABB Grid-connected Microgrid Product and Solutions
2.1.4 ABB Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 ABB Recent Developments and Future Plans
2.2 General Electric Company
2.2.1 General Electric Company Details
2.2.2 General Electric Company Major Business
2.2.3 General Electric Company Grid-connected Microgrid Product and Solutions
2.2.4 General Electric Company Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 General Electric Company Recent Developments and Future Plans
2.3 Siemens AG
2.3.1 Siemens AG Details
2.3.2 Siemens AG Major Business
2.3.3 Siemens AG Grid-connected Microgrid Product and Solutions
2.3.4 Siemens AG Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Siemens AG Recent Developments and Future Plans
2.4 Eaton Corporation
2.4.1 Eaton Corporation Details
2.4.2 Eaton Corporation Major Business
2.4.3 Eaton Corporation Grid-connected Microgrid Product and Solutions
2.4.4 Eaton Corporation Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Eaton Corporation Recent Developments and Future Plans
2.5 Schneider Electric
2.5.1 Schneider Electric Details
2.5.2 Schneider Electric Major Business
2.5.3 Schneider Electric Grid-connected Microgrid Product and Solutions
2.5.4 Schneider Electric Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Schneider Electric Recent Developments and Future Plans
2.6 Honeywell International
2.6.1 Honeywell International Details
2.6.2 Honeywell International Major Business
2.6.3 Honeywell International Grid-connected Microgrid Product and Solutions
2.6.4 Honeywell International Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 Honeywell International Recent Developments and Future Plans
2.7 HOMER Energy LLC
2.7.1 HOMER Energy LLC Details
2.7.2 HOMER Energy LLC Major Business
2.7.3 HOMER Energy LLC Grid-connected Microgrid Product and Solutions
2.7.4 HOMER Energy LLC Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 HOMER Energy LLC Recent Developments and Future Plans
2.8 Power Analytics Corporation
2.8.1 Power Analytics Corporation Details
2.8.2 Power Analytics Corporation Major Business
2.8.3 Power Analytics Corporation Grid-connected Microgrid Product and Solutions
2.8.4 Power Analytics Corporation Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Power Analytics Corporation Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Grid-connected Microgrid Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Grid-connected Microgrid by Company Revenue
3.2.2 Top 3 Grid-connected Microgrid Players Market Share in 2023
3.2.3 Top 6 Grid-connected Microgrid Players Market Share in 2023
3.3 Grid-connected Microgrid Market: Overall Company Footprint Analysis
3.3.1 Grid-connected Microgrid Market: Region Footprint
3.3.2 Grid-connected Microgrid Market: Company Product Type Footprint
3.3.3 Grid-connected Microgrid Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Grid-connected Microgrid Consumption Value and Market Share by Type (2019-2024)
4.2 Global Grid-connected Microgrid Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Grid-connected Microgrid Consumption Value Market Share by Application (2019-2024)
5.2 Global Grid-connected Microgrid Market Forecast by Application (2025-2030)
6 North America
6.1 North America Grid-connected Microgrid Consumption Value by Type (2019-2030)
6.2 North America Grid-connected Microgrid Consumption Value by Application (2019-2030)
6.3 North America Grid-connected Microgrid Market Size by Country
6.3.1 North America Grid-connected Microgrid Consumption Value by Country (2019-2030)
6.3.2 United States Grid-connected Microgrid Market Size and Forecast (2019-2030)
6.3.3 Canada Grid-connected Microgrid Market Size and Forecast (2019-2030)
6.3.4 Mexico Grid-connected Microgrid Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Grid-connected Microgrid Consumption Value by Type (2019-2030)
7.2 Europe Grid-connected Microgrid Consumption Value by Application (2019-2030)
7.3 Europe Grid-connected Microgrid Market Size by Country
7.3.1 Europe Grid-connected Microgrid Consumption Value by Country (2019-2030)
7.3.2 Germany Grid-connected Microgrid Market Size and Forecast (2019-2030)
7.3.3 France Grid-connected Microgrid Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Grid-connected Microgrid Market Size and Forecast (2019-2030)
7.3.5 Russia Grid-connected Microgrid Market Size and Forecast (2019-2030)
7.3.6 Italy Grid-connected Microgrid Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Grid-connected Microgrid Market Size by Region
8.3.1 Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2019-2030)
8.3.2 China Grid-connected Microgrid Market Size and Forecast (2019-2030)
8.3.3 Japan Grid-connected Microgrid Market Size and Forecast (2019-2030)
8.3.4 South Korea Grid-connected Microgrid Market Size and Forecast (2019-2030)
8.3.5 India Grid-connected Microgrid Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Grid-connected Microgrid Market Size and Forecast (2019-2030)
8.3.7 Australia Grid-connected Microgrid Market Size and Forecast (2019-2030)
9 South America
9.1 South America Grid-connected Microgrid Consumption Value by Type (2019-2030)
9.2 South America Grid-connected Microgrid Consumption Value by Application (2019-2030)
9.3 South America Grid-connected Microgrid Market Size by Country
9.3.1 South America Grid-connected Microgrid Consumption Value by Country (2019-2030)
9.3.2 Brazil Grid-connected Microgrid Market Size and Forecast (2019-2030)
9.3.3 Argentina Grid-connected Microgrid Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Grid-connected Microgrid Market Size by Country
10.3.1 Middle East & Africa Grid-connected Microgrid Consumption Value by Country (2019-2030)
10.3.2 Turkey Grid-connected Microgrid Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Grid-connected Microgrid Market Size and Forecast (2019-2030)
10.3.4 UAE Grid-connected Microgrid Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Grid-connected Microgrid Market Drivers
11.2 Grid-connected Microgrid Market Restraints
11.3 Grid-connected Microgrid Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Grid-connected Microgrid Industry Chain
12.2 Grid-connected Microgrid Upstream Analysis
12.3 Grid-connected Microgrid Midstream Analysis
12.4 Grid-connected Microgrid Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Companies Mentioned:

ABB
General Electric Company
Siemens AG
Eaton Corporation
Schneider Electric
Honeywell International
HOMER Energy LLC
Power Analytics Corporation

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