Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.
Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.
Market Analysis and Insights: Global Microgrid Technology Market
The global Microgrid Technology market is projected to grow from US$ 22540 million in 2024 to US$ 49220 million by 2030, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period.
Global Microgrid Technology main players are ABB, GE, Echelon, NEC , Aquion Energy, etc. Global top five manufacturers hold a share over 25%. North America is the largest market, with a share nearly 45%.
Report Covers:
This report presents an overview of global market for Microgrid Technology 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 Technology, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Microgrid Technology, 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 Technology revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Microgrid Technology 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 Technology revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae
Segment by Type
Grid-Tied Type Microgrid
Independent Type Microgrid
Segment by Application
Commercial/Industrial
Community/Utility
Campus/Institutional
Military
Remote
Others
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 Technology 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 Technology 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 Technology 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.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Microgrid Technology Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Grid-Tied Type Microgrid
1.2.3 Independent Type Microgrid
1.3 Market by Application
1.3.1 Global Microgrid Technology Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial/Industrial
1.3.3 Community/Utility
1.3.4 Campus/Institutional
1.3.5 Military
1.3.6 Remote
1.3.7 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Technology Market Perspective (2019-2030)
2.2 Global Microgrid Technology Growth Trends by Region
2.2.1 Microgrid Technology Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Microgrid Technology Historic Market Size by Region (2019-2024)
2.2.3 Microgrid Technology Forecasted Market Size by Region (2025-2030)
2.3 Microgrid Technology Market Dynamics
2.3.1 Microgrid Technology Industry Trends
2.3.2 Microgrid Technology Market Drivers
2.3.3 Microgrid Technology Market Challenges
2.3.4 Microgrid Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Microgrid Technology by Players
3.1.1 Global Microgrid Technology Revenue by Players (2019-2024)
3.1.2 Global Microgrid Technology Revenue Market Share by Players (2019-2024)
3.2 Global Microgrid Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Microgrid Technology, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Microgrid Technology Market Concentration Ratio
3.4.1 Global Microgrid Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Microgrid Technology Revenue in 2023
3.5 Global Key Players of Microgrid Technology Head office and Area Served
3.6 Global Key Players of Microgrid Technology, Product and Application
3.7 Global Key Players of Microgrid Technology, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Microgrid Technology Breakdown Data by Type
4.1 Global Microgrid Technology Historic Market Size by Type (2019-2024)
4.2 Global Microgrid Technology Forecasted Market Size by Type (2025-2030)
5 Microgrid Technology Breakdown Data by Application
5.1 Global Microgrid Technology Historic Market Size by Application (2019-2024)
5.2 Global Microgrid Technology Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Microgrid Technology Market Size (2019-2030)
6.2 North America Microgrid Technology Market Size by Type
6.2.1 North America Microgrid Technology Market Size by Type (2019-2024)
6.2.2 North America Microgrid Technology Market Size by Type (2025-2030)
6.2.3 North America Microgrid Technology Market Share by Type (2019-2030)
6.3 North America Microgrid Technology Market Size by Application
6.3.1 North America Microgrid Technology Market Size by Application (2019-2024)
6.3.2 North America Microgrid Technology Market Size by Application (2025-2030)
6.3.3 North America Microgrid Technology Market Share by Application (2019-2030)
6.4 North America Microgrid Technology Market Size by Country
6.4.1 North America Microgrid Technology Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Microgrid Technology Market Size by Country (2019-2024)
6.4.3 North America Microgrid Technology Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Microgrid Technology Market Size (2019-2030)
7.2 Europe Microgrid Technology Market Size by Type
7.2.1 Europe Microgrid Technology Market Size by Type (2019-2024)
7.2.2 Europe Microgrid Technology Market Size by Type (2025-2030)
7.2.3 Europe Microgrid Technology Market Share by Type (2019-2030)
7.3 Europe Microgrid Technology Market Size by Application
7.3.1 Europe Microgrid Technology Market Size by Application (2019-2024)
7.3.2 Europe Microgrid Technology Market Size by Application (2025-2030)
7.3.3 Europe Microgrid Technology Market Share by Application (2019-2030)
7.4 Europe Microgrid Technology Market Size by Country
7.4.1 Europe Microgrid Technology Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Microgrid Technology Market Size by Country (2019-2024)
7.4.3 Europe Microgrid Technology 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 Technology Market Size (2019-2030)
8.2 China Microgrid Technology Market Size by Type
8.2.1 China Microgrid Technology Market Size by Type (2019-2024)
8.2.2 China Microgrid Technology Market Size by Type (2025-2030)
8.2.3 China Microgrid Technology Market Share by Type (2019-2030)
8.3 China Microgrid Technology Market Size by Application
8.3.1 China Microgrid Technology Market Size by Application (2019-2024)
8.3.2 China Microgrid Technology Market Size by Application (2025-2030)
8.3.3 China Microgrid Technology Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Microgrid Technology Market Size (2019-2030)
9.2 Asia Microgrid Technology Market Size by Type
9.2.1 Asia Microgrid Technology Market Size by Type (2019-2024)
9.2.2 Asia Microgrid Technology Market Size by Type (2025-2030)
9.2.3 Asia Microgrid Technology Market Share by Type (2019-2030)
9.3 Asia Microgrid Technology Market Size by Application
9.3.1 Asia Microgrid Technology Market Size by Application (2019-2024)
9.3.2 Asia Microgrid Technology Market Size by Application (2025-2030)
9.3.3 Asia Microgrid Technology Market Share by Application (2019-2030)
9.4 Asia Microgrid Technology Market Size by Region
9.4.1 Asia Microgrid Technology Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Microgrid Technology Market Size by Region (2019-2024)
9.4.3 Asia Microgrid Technology 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 Technology Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Microgrid Technology Market Size by Type
10.2.1 Middle East, Africa, and Latin America Microgrid Technology Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Microgrid Technology Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Microgrid Technology Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Microgrid Technology Market Size by Application
10.3.1 Middle East, Africa, and Latin America Microgrid Technology Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Microgrid Technology Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Microgrid Technology Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Microgrid Technology Market Size by Country
10.4.1 Middle East, Africa, and Latin America Microgrid Technology Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Microgrid Technology Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Microgrid Technology 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 Technology Introduction
11.1.4 ABB Revenue in Microgrid Technology Business (2019-2024)
11.1.5 ABB Recent Developments
11.2 GE
11.2.1 GE Company Details
11.2.2 GE Business Overview
11.2.3 GE Microgrid Technology Introduction
11.2.4 GE Revenue in Microgrid Technology Business (2019-2024)
11.2.5 GE Recent Developments
11.3 Echelon
11.3.1 Echelon Company Details
11.3.2 Echelon Business Overview
11.3.3 Echelon Microgrid Technology Introduction
11.3.4 Echelon Revenue in Microgrid Technology Business (2019-2024)
11.3.5 Echelon Recent Developments
11.4 S&C Electric
11.4.1 S&C Electric Company Details
11.4.2 S&C Electric Business Overview
11.4.3 S&C Electric Microgrid Technology Introduction
11.4.4 S&C Electric Revenue in Microgrid Technology Business (2019-2024)
11.4.5 S&C Electric Recent Developments
11.5 Siemens
11.5.1 Siemens Company Details
11.5.2 Siemens Business Overview
11.5.3 Siemens Microgrid Technology Introduction
11.5.4 Siemens Revenue in Microgrid Technology Business (2019-2024)
11.5.5 Siemens Recent Developments
11.6 General Microgrids
11.6.1 General Microgrids Company Details
11.6.2 General Microgrids Business Overview
11.6.3 General Microgrids Microgrid Technology Introduction
11.6.4 General Microgrids Revenue in Microgrid Technology Business (2019-2024)
11.6.5 General Microgrids Recent Developments
11.7 Microgrid Solar
11.7.1 Microgrid Solar Company Details
11.7.2 Microgrid Solar Business Overview
11.7.3 Microgrid Solar Microgrid Technology Introduction
11.7.4 Microgrid Solar Revenue in Microgrid Technology Business (2019-2024)
11.7.5 Microgrid Solar Recent Developments
11.8 Raytheon
11.8.1 Raytheon Company Details
11.8.2 Raytheon Business Overview
11.8.3 Raytheon Microgrid Technology Introduction
11.8.4 Raytheon Revenue in Microgrid Technology Business (2019-2024)
11.8.5 Raytheon 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 Technology Introduction
11.9.4 Sunverge Energy Revenue in Microgrid Technology Business (2019-2024)
11.9.5 Sunverge Energy Recent Developments
11.10 Toshiba
11.10.1 Toshiba Company Details
11.10.2 Toshiba Business Overview
11.10.3 Toshiba Microgrid Technology Introduction
11.10.4 Toshiba Revenue in Microgrid Technology Business (2019-2024)
11.10.5 Toshiba Recent Developments
11.11 NEC
11.11.1 NEC Company Details
11.11.2 NEC Business Overview
11.11.3 NEC Microgrid Technology Introduction
11.11.4 NEC Revenue in Microgrid Technology Business (2019-2024)
11.11.5 NEC Recent Developments
11.12 Aquion Energy
11.12.1 Aquion Energy Company Details
11.12.2 Aquion Energy Business Overview
11.12.3 Aquion Energy Microgrid Technology Introduction
11.12.4 Aquion Energy Revenue in Microgrid Technology Business (2019-2024)
11.12.5 Aquion Energy Recent Developments
11.13 EnStorage
11.13.1 EnStorage Company Details
11.13.2 EnStorage Business Overview
11.13.3 EnStorage Microgrid Technology Introduction
11.13.4 EnStorage Revenue in Microgrid Technology Business (2019-2024)
11.13.5 EnStorage Recent Developments
11.14 SGCC
11.14.1 SGCC Company Details
11.14.2 SGCC Business Overview
11.14.3 SGCC Microgrid Technology Introduction
11.14.4 SGCC Revenue in Microgrid Technology Business (2019-2024)
11.14.5 SGCC Recent Developments
11.15 Moixa
11.15.1 Moixa Company Details
11.15.2 Moixa Business Overview
11.15.3 Moixa Microgrid Technology Introduction
11.15.4 Moixa Revenue in Microgrid Technology Business (2019-2024)
11.15.5 Moixa Recent Developments
11.16 EnSync
11.16.1 EnSync Company Details
11.16.2 EnSync Business Overview
11.16.3 EnSync Microgrid Technology Introduction
11.16.4 EnSync Revenue in Microgrid Technology Business (2019-2024)
11.16.5 EnSync Recent Developments
11.17 Ampard
11.17.1 Ampard Company Details
11.17.2 Ampard Business Overview
11.17.3 Ampard Microgrid Technology Introduction
11.17.4 Ampard Revenue in Microgrid Technology Business (2019-2024)
11.17.5 Ampard Recent Developments
11.18 Green Energy Corp
11.18.1 Green Energy Corp Company Details
11.18.2 Green Energy Corp Business Overview
11.18.3 Green Energy Corp Microgrid Technology Introduction
11.18.4 Green Energy Corp Revenue in Microgrid Technology Business (2019-2024)
11.18.5 Green Energy Corp Recent Developments
11.19 Growing Energy Labs Inc
11.19.1 Growing Energy Labs Inc Company Details
11.19.2 Growing Energy Labs Inc Business Overview
11.19.3 Growing Energy Labs Inc Microgrid Technology Introduction
11.19.4 Growing Energy Labs Inc Revenue in Microgrid Technology Business (2019-2024)
11.19.5 Growing Energy Labs Inc Recent Developments
11.20 HOMER Energy
11.20.1 HOMER Energy Company Details
11.20.2 HOMER Energy Business Overview
11.20.3 HOMER Energy Microgrid Technology Introduction
11.20.4 HOMER Energy Revenue in Microgrid Technology Business (2019-2024)
11.20.5 HOMER Energy Recent Developments
11.21 Spirae
11.21.1 Spirae Company Details
11.21.2 Spirae Business Overview
11.21.3 Spirae Microgrid Technology Introduction
11.21.4 Spirae Revenue in Microgrid Technology Business (2019-2024)
11.21.5 Spirae 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
ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae
听
听
*If Applicable.
