A microgrid is an on-site energy system that supports your energy resilience by integrating several distributed energy technologies into a single controllable solution. It can operate by supplementing the utility grid in grid parallel mode, and it can function completely autonomously in island mode. With a custom microgrid installation, you not only have a back-up in case the grid fails, but you will enhance the way your energy functions within the grid for normal daily operation. Simultaneously delivering cost savings, resiliency, and sustainability, microgrids can reduce peak demand charges and lower your utility bill, selectively running the charging phase whenever the cheapest power is available from the grid or from onsite energy generation.
Highlights
The global Custom Microgrids market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Custom Microgrids is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Custom Microgrids is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Custom Microgrids in Remote is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Custom Microgrids include ARDA Power, BoxPower Inc, Gham Power, Gridscape, Eaton, GE Grid Solutions, SMA Solar Technology, Sagemcom and Scale Microgrid Solutions, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Custom Microgrids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Custom Microgrids.
The Custom Microgrids market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Custom Microgrids market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Custom Microgrids companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
ARDA Power
BoxPower Inc
Gham Power
Gridscape
Eaton
GE Grid Solutions
SMA Solar Technology
Sagemcom
Scale Microgrid Solutions
SimpliPhi Power
Schweitzer Engineering Laboratories
Schneider Electric
Siemens
PowerSecure
Nidec Corporation
Segment by Type
Hardware System
Software System
Segment by Application
Remote
Commercial and Industrial
Utility Distribution
Institutional and Military
Community
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Custom Microgrids companies鈥� competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Custom Microgrids Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hardware System
1.2.3 Software System
1.3 Market by Application
1.3.1 Global Custom Microgrids Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Remote
1.3.3 Commercial and Industrial
1.3.4 Utility Distribution
1.3.5 Institutional and Military
1.3.6 Community
1.3.7 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Custom Microgrids Market Perspective (2018-2029)
2.2 Custom Microgrids Growth Trends by Region
2.2.1 Global Custom Microgrids Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Custom Microgrids Historic Market Size by Region (2018-2023)
2.2.3 Custom Microgrids Forecasted Market Size by Region (2024-2029)
2.3 Custom Microgrids Market Dynamics
2.3.1 Custom Microgrids Industry Trends
2.3.2 Custom Microgrids Market Drivers
2.3.3 Custom Microgrids Market Challenges
2.3.4 Custom Microgrids Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Custom Microgrids Players by Revenue
3.1.1 Global Top Custom Microgrids Players by Revenue (2018-2023)
3.1.2 Global Custom Microgrids Revenue Market Share by Players (2018-2023)
3.2 Global Custom Microgrids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Custom Microgrids Revenue
3.4 Global Custom Microgrids Market Concentration Ratio
3.4.1 Global Custom Microgrids Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Custom Microgrids Revenue in 2022
3.5 Custom Microgrids Key Players Head office and Area Served
3.6 Key Players Custom Microgrids Product Solution and Service
3.7 Date of Enter into Custom Microgrids Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Custom Microgrids Breakdown Data by Type
4.1 Global Custom Microgrids Historic Market Size by Type (2018-2023)
4.2 Global Custom Microgrids Forecasted Market Size by Type (2024-2029)
5 Custom Microgrids Breakdown Data by Application
5.1 Global Custom Microgrids Historic Market Size by Application (2018-2023)
5.2 Global Custom Microgrids Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Custom Microgrids Market Size (2018-2029)
6.2 North America Custom Microgrids Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Custom Microgrids Market Size by Country (2018-2023)
6.4 North America Custom Microgrids Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Custom Microgrids Market Size (2018-2029)
7.2 Europe Custom Microgrids Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Custom Microgrids Market Size by Country (2018-2023)
7.4 Europe Custom Microgrids Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Custom Microgrids Market Size (2018-2029)
8.2 Asia-Pacific Custom Microgrids Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Custom Microgrids Market Size by Region (2018-2023)
8.4 Asia-Pacific Custom Microgrids Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Custom Microgrids Market Size (2018-2029)
9.2 Latin America Custom Microgrids Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Custom Microgrids Market Size by Country (2018-2023)
9.4 Latin America Custom Microgrids Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Custom Microgrids Market Size (2018-2029)
10.2 Middle East & Africa Custom Microgrids Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Custom Microgrids Market Size by Country (2018-2023)
10.4 Middle East & Africa Custom Microgrids Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ARDA Power
11.1.1 ARDA Power Company Detail
11.1.2 ARDA Power Business Overview
11.1.3 ARDA Power Custom Microgrids Introduction
11.1.4 ARDA Power Revenue in Custom Microgrids Business (2018-2023)
11.1.5 ARDA Power Recent Development
11.2 BoxPower Inc
11.2.1 BoxPower Inc Company Detail
11.2.2 BoxPower Inc Business Overview
11.2.3 BoxPower Inc Custom Microgrids Introduction
11.2.4 BoxPower Inc Revenue in Custom Microgrids Business (2018-2023)
11.2.5 BoxPower Inc Recent Development
11.3 Gham Power
11.3.1 Gham Power Company Detail
11.3.2 Gham Power Business Overview
11.3.3 Gham Power Custom Microgrids Introduction
11.3.4 Gham Power Revenue in Custom Microgrids Business (2018-2023)
11.3.5 Gham Power Recent Development
11.4 Gridscape
11.4.1 Gridscape Company Detail
11.4.2 Gridscape Business Overview
11.4.3 Gridscape Custom Microgrids Introduction
11.4.4 Gridscape Revenue in Custom Microgrids Business (2018-2023)
11.4.5 Gridscape Recent Development
11.5 Eaton
11.5.1 Eaton Company Detail
11.5.2 Eaton Business Overview
11.5.3 Eaton Custom Microgrids Introduction
11.5.4 Eaton Revenue in Custom Microgrids Business (2018-2023)
11.5.5 Eaton Recent Development
11.6 GE Grid Solutions
11.6.1 GE Grid Solutions Company Detail
11.6.2 GE Grid Solutions Business Overview
11.6.3 GE Grid Solutions Custom Microgrids Introduction
11.6.4 GE Grid Solutions Revenue in Custom Microgrids Business (2018-2023)
11.6.5 GE Grid Solutions Recent Development
11.7 SMA Solar Technology
11.7.1 SMA Solar Technology Company Detail
11.7.2 SMA Solar Technology Business Overview
11.7.3 SMA Solar Technology Custom Microgrids Introduction
11.7.4 SMA Solar Technology Revenue in Custom Microgrids Business (2018-2023)
11.7.5 SMA Solar Technology Recent Development
11.8 Sagemcom
11.8.1 Sagemcom Company Detail
11.8.2 Sagemcom Business Overview
11.8.3 Sagemcom Custom Microgrids Introduction
11.8.4 Sagemcom Revenue in Custom Microgrids Business (2018-2023)
11.8.5 Sagemcom Recent Development
11.9 Scale Microgrid Solutions
11.9.1 Scale Microgrid Solutions Company Detail
11.9.2 Scale Microgrid Solutions Business Overview
11.9.3 Scale Microgrid Solutions Custom Microgrids Introduction
11.9.4 Scale Microgrid Solutions Revenue in Custom Microgrids Business (2018-2023)
11.9.5 Scale Microgrid Solutions Recent Development
11.10 SimpliPhi Power
11.10.1 SimpliPhi Power Company Detail
11.10.2 SimpliPhi Power Business Overview
11.10.3 SimpliPhi Power Custom Microgrids Introduction
11.10.4 SimpliPhi Power Revenue in Custom Microgrids Business (2018-2023)
11.10.5 SimpliPhi Power Recent Development
11.11 Schweitzer Engineering Laboratories
11.11.1 Schweitzer Engineering Laboratories Company Detail
11.11.2 Schweitzer Engineering Laboratories Business Overview
11.11.3 Schweitzer Engineering Laboratories Custom Microgrids Introduction
11.11.4 Schweitzer Engineering Laboratories Revenue in Custom Microgrids Business (2018-2023)
11.11.5 Schweitzer Engineering Laboratories Recent Development
11.12 Schneider Electric
11.12.1 Schneider Electric Company Detail
11.12.2 Schneider Electric Business Overview
11.12.3 Schneider Electric Custom Microgrids Introduction
11.12.4 Schneider Electric Revenue in Custom Microgrids Business (2018-2023)
11.12.5 Schneider Electric Recent Development
11.13 Siemens
11.13.1 Siemens Company Detail
11.13.2 Siemens Business Overview
11.13.3 Siemens Custom Microgrids Introduction
11.13.4 Siemens Revenue in Custom Microgrids Business (2018-2023)
11.13.5 Siemens Recent Development
11.14 PowerSecure
11.14.1 PowerSecure Company Detail
11.14.2 PowerSecure Business Overview
11.14.3 PowerSecure Custom Microgrids Introduction
11.14.4 PowerSecure Revenue in Custom Microgrids Business (2018-2023)
11.14.5 PowerSecure Recent Development
11.15 Nidec Corporation
11.15.1 Nidec Corporation Company Detail
11.15.2 Nidec Corporation Business Overview
11.15.3 Nidec Corporation Custom Microgrids Introduction
11.15.4 Nidec Corporation Revenue in Custom Microgrids Business (2018-2023)
11.15.5 Nidec Corporation Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ARDA Power
BoxPower Inc
Gham Power
Gridscape
Eaton
GE Grid Solutions
SMA Solar Technology
Sagemcom
Scale Microgrid Solutions
SimpliPhi Power
Schweitzer Engineering Laboratories
Schneider Electric
Siemens
PowerSecure
Nidec Corporation
听
听
*If Applicable.