Global Microgrid Market Insights, Forecast to 2030

Publication ID:

PB507244002

Publication Date:

July 16, 2024

Pages:

106

Publisher:

MRRPB5

Countries:

Global [1]

USD 4,900.00

Electricity [2]

Energy & Utilities [3]

Description:

A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there's an interruption on the main grid. It draws on distributed energy resources, like solar power, to serve customers within the microgrid footprint. These benefits extend to surrounding communities, with reliable energy allowing better access to food, supplies and public services.
Market Analysis and Insights: Global Microgrid Market
The global Microgrid market is projected to grow from US$ 32810 million in 2024 to US$ 63830 million by 2030, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.
Global microgrid key players include ABB, NEC, GE, Aquion Energy, Echelon, etc. Global top 5 players hold a share about 25%.
North America is the largest market, with a share about 41%, followed by Asia-Pacific, having a total share about 40 percent.
In terms of product, grid-tied is the largest segment, with a share about 78%. And in terms of application, the largest application is commercial or industrial microgrid.
Report Covers:
This report presents an overview of global market for Microgrid market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Microgrid, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Microgrid, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Microgrid revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Microgrid market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Microgrid revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
ABB
NEC
GE
Aquion Energy
Echelon
Raytheon
SandC Electric Co
Eaton Corporation
Sunverge Energy
Siemens
Toshiba
General Microgrids
Lockheed Martin
Segment by Type
Grid-Tied
Independent
Segment by Application
Commercial or Industrial Microgrid
Community or Utility Microgrid
Campus or Institutional Microgrid
Military Microgrid
Remote Microgrid
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product 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: Revenue of Microgrid in global and regional level. 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. 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 Microgrid companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Microgrid revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions

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

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Microgrid Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Grid-Tied
1.2.3 Independent
1.3 Market by Application
1.3.1 Global Microgrid Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial or Industrial Microgrid
1.3.3 Community or Utility Microgrid
1.3.4 Campus or Institutional Microgrid
1.3.5 Military Microgrid
1.3.6 Remote Microgrid
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Market Perspective (2019-2030)
2.2 Global Microgrid Growth Trends by Region
2.2.1 Microgrid Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Microgrid Historic Market Size by Region (2019-2024)
2.2.3 Microgrid Forecasted Market Size by Region (2025-2030)
2.3 Microgrid Market Dynamics
2.3.1 Microgrid Industry Trends
2.3.2 Microgrid Market Drivers
2.3.3 Microgrid Market Challenges
2.3.4 Microgrid Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Microgrid by Players
3.1.1 Global Microgrid Revenue by Players (2019-2024)
3.1.2 Global Microgrid Revenue Market Share by Players (2019-2024)
3.2 Global Microgrid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Microgrid, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Microgrid Market Concentration Ratio
3.4.1 Global Microgrid Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Microgrid Revenue in 2023
3.5 Global Key Players of Microgrid Head office and Area Served
3.6 Global Key Players of Microgrid, Product and Application
3.7 Global Key Players of Microgrid, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Microgrid Breakdown Data by Type
4.1 Global Microgrid Historic Market Size by Type (2019-2024)
4.2 Global Microgrid Forecasted Market Size by Type (2025-2030)
5 Microgrid Breakdown Data by Application
5.1 Global Microgrid Historic Market Size by Application (2019-2024)
5.2 Global Microgrid Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Microgrid Market Size (2019-2030)
6.2 North America Microgrid Market Size by Type
6.2.1 North America Microgrid Market Size by Type (2019-2024)
6.2.2 North America Microgrid Market Size by Type (2025-2030)
6.2.3 North America Microgrid Market Share by Type (2019-2030)
6.3 North America Microgrid Market Size by Application
6.3.1 North America Microgrid Market Size by Application (2019-2024)
6.3.2 North America Microgrid Market Size by Application (2025-2030)
6.3.3 North America Microgrid Market Share by Application (2019-2030)
6.4 North America Microgrid Market Size by Country
6.4.1 North America Microgrid Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Microgrid Market Size by Country (2019-2024)
6.4.3 North America Microgrid Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Microgrid Market Size (2019-2030)
7.2 Europe Microgrid Market Size by Type
7.2.1 Europe Microgrid Market Size by Type (2019-2024)
7.2.2 Europe Microgrid Market Size by Type (2025-2030)
7.2.3 Europe Microgrid Market Share by Type (2019-2030)
7.3 Europe Microgrid Market Size by Application
7.3.1 Europe Microgrid Market Size by Application (2019-2024)
7.3.2 Europe Microgrid Market Size by Application (2025-2030)
7.3.3 Europe Microgrid Market Share by Application (2019-2030)
7.4 Europe Microgrid Market Size by Country
7.4.1 Europe Microgrid Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Microgrid Market Size by Country (2019-2024)
7.4.3 Europe Microgrid Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Microgrid Market Size (2019-2030)
8.2 China Microgrid Market Size by Type
8.2.1 China Microgrid Market Size by Type (2019-2024)
8.2.2 China Microgrid Market Size by Type (2025-2030)
8.2.3 China Microgrid Market Share by Type (2019-2030)
8.3 China Microgrid Market Size by Application
8.3.1 China Microgrid Market Size by Application (2019-2024)
8.3.2 China Microgrid Market Size by Application (2025-2030)
8.3.3 China Microgrid Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Microgrid Market Size (2019-2030)
9.2 Asia Microgrid Market Size by Type
9.2.1 Asia Microgrid Market Size by Type (2019-2024)
9.2.2 Asia Microgrid Market Size by Type (2025-2030)
9.2.3 Asia Microgrid Market Share by Type (2019-2030)
9.3 Asia Microgrid Market Size by Application
9.3.1 Asia Microgrid Market Size by Application (2019-2024)
9.3.2 Asia Microgrid Market Size by Application (2025-2030)
9.3.3 Asia Microgrid Market Share by Application (2019-2030)
9.4 Asia Microgrid Market Size by Region
9.4.1 Asia Microgrid Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Microgrid Market Size by Region (2019-2024)
9.4.3 Asia Microgrid Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Microgrid Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Microgrid Market Size by Type
10.2.1 Middle East, Africa, and Latin America Microgrid Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Microgrid Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Microgrid Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Microgrid Market Size by Application
10.3.1 Middle East, Africa, and Latin America Microgrid Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Microgrid Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Microgrid Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Microgrid Market Size by Country
10.4.1 Middle East, Africa, and Latin America Microgrid Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Microgrid Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Microgrid Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Details
11.1.2 ABB Business Overview
11.1.3 ABB Microgrid Introduction
11.1.4 ABB Revenue in Microgrid Business (2019-2024)
11.1.5 ABB Recent Developments
11.2 NEC
11.2.1 NEC Company Details
11.2.2 NEC Business Overview
11.2.3 NEC Microgrid Introduction
11.2.4 NEC Revenue in Microgrid Business (2019-2024)
11.2.5 NEC Recent Developments
11.3 GE
11.3.1 GE Company Details
11.3.2 GE Business Overview
11.3.3 GE Microgrid Introduction
11.3.4 GE Revenue in Microgrid Business (2019-2024)
11.3.5 GE Recent Developments
11.4 Aquion Energy
11.4.1 Aquion Energy Company Details
11.4.2 Aquion Energy Business Overview
11.4.3 Aquion Energy Microgrid Introduction
11.4.4 Aquion Energy Revenue in Microgrid Business (2019-2024)
11.4.5 Aquion Energy Recent Developments
11.5 Echelon
11.5.1 Echelon Company Details
11.5.2 Echelon Business Overview
11.5.3 Echelon Microgrid Introduction
11.5.4 Echelon Revenue in Microgrid Business (2019-2024)
11.5.5 Echelon Recent Developments
11.6 Raytheon
11.6.1 Raytheon Company Details
11.6.2 Raytheon Business Overview
11.6.3 Raytheon Microgrid Introduction
11.6.4 Raytheon Revenue in Microgrid Business (2019-2024)
11.6.5 Raytheon Recent Developments
11.7 SandC Electric Co
11.7.1 SandC Electric Co Company Details
11.7.2 SandC Electric Co Business Overview
11.7.3 SandC Electric Co Microgrid Introduction
11.7.4 SandC Electric Co Revenue in Microgrid Business (2019-2024)
11.7.5 SandC Electric Co Recent Developments
11.8 Eaton Corporation
11.8.1 Eaton Corporation Company Details
11.8.2 Eaton Corporation Business Overview
11.8.3 Eaton Corporation Microgrid Introduction
11.8.4 Eaton Corporation Revenue in Microgrid Business (2019-2024)
11.8.5 Eaton Corporation Recent Developments
11.9 Sunverge Energy
11.9.1 Sunverge Energy Company Details
11.9.2 Sunverge Energy Business Overview
11.9.3 Sunverge Energy Microgrid Introduction
11.9.4 Sunverge Energy Revenue in Microgrid Business (2019-2024)
11.9.5 Sunverge Energy Recent Developments
11.10 Siemens
11.10.1 Siemens Company Details
11.10.2 Siemens Business Overview
11.10.3 Siemens Microgrid Introduction
11.10.4 Siemens Revenue in Microgrid Business (2019-2024)
11.10.5 Siemens Recent Developments
11.11 Toshiba
11.11.1 Toshiba Company Details
11.11.2 Toshiba Business Overview
11.11.3 Toshiba Microgrid Introduction
11.11.4 Toshiba Revenue in Microgrid Business (2019-2024)
11.11.5 Toshiba Recent Developments
11.12 General Microgrids
11.12.1 General Microgrids Company Details
11.12.2 General Microgrids Business Overview
11.12.3 General Microgrids Microgrid Introduction
11.12.4 General Microgrids Revenue in Microgrid Business (2019-2024)
11.12.5 General Microgrids Recent Developments
11.13 Lockheed Martin
11.13.1 Lockheed Martin Company Details
11.13.2 Lockheed Martin Business Overview
11.13.3 Lockheed Martin Microgrid Introduction
11.13.4 Lockheed Martin Revenue in Microgrid Business (2019-2024)
11.13.5 Lockheed Martin Recent Developments
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

Companies Mentioned:

ABB
NEC
GE
Aquion Energy
Echelon
Raytheon
SandC Electric Co
Eaton Corporation
Sunverge Energy
Siemens
Toshiba
General Microgrids
Lockheed Martin

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