Global Microgrid Technology Sales Market Report 2023

Publication ID:

PB501231713

Publication Date:

January 2, 2023

Pages:

136

Publisher:

MRRPB5

Countries:

Global [1]

USD 4,000.00

IT Services [2]

Computing & Electronics [3]

Description:

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
Due to the COVID-19 pandemic, the global Microgrid Technology market size is estimated to be worth US$ 19590 million in 2022 and is forecast to a readjusted size of US$ 49220 million by 2029 with a CAGR of 13.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Grid-Tied Type Microgrid accounting for % of the Microgrid Technology global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Commercial/Industrial segment is altered to an % CAGR throughout this 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%.
Global Microgrid Technology Scope and Market Size
The global Microgrid Technology market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Microgrid Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
Segment by Type
Grid-Tied Type Microgrid
Independent Type Microgrid
Segment by Application
Commercial/Industrial
Community/Utility
Campus/Institutional
Military
Remote
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
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

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 Technology Market Size by Type (2018 VS 2022 VS 2029)
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 Share by Application (2018 VS 2022 VS 2029)
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 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Technology Market Perspective (2018-2029)
2.2 Global Microgrid Technology Market Size by Region: 2018 VS 2022 VS 2029
2.3 Global Microgrid Technology Revenue Market Share by Region (2018-2023)
2.4 Global Microgrid Technology Revenue Forecast by Region (2024-2029)
2.5 Geographic Market Analysis: Market Facts & Figures
2.5.1 United States Microgrid Technology Estimates and Projections (2018-2029)
2.5.2 Europe Microgrid Technology Estimates and Projections (2018-2029)
2.5.3 China Microgrid Technology Estimates and Projections (2018-2029)
2.5.4 Japan Microgrid Technology Estimates and Projections (2018-2029)
2.5.5 Southeast Asia Microgrid Technology Estimates and Projections (2018-2029)
2.5.6 India Microgrid Technology Estimates and Projections (2018-2029)
3 Global Microgrid Technology Competition Landscape by Players
3.1 Global Top Microgrid Technology Players by Revenue (2018-2023)
3.1.1 Global Top Microgrid Technology Players by Revenue (2018-2023)
3.1.2 Global Microgrid Technology Revenue Market Share by Players (2018-2023)
3.2 Global Microgrid Technology Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Microgrid Technology Revenue
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 2022
3.5 Microgrid Technology Key Players Head office and Area Served
3.6 Key Players Microgrid Technology Product Solution and Service
3.7 Date of Enter into Microgrid Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Microgrid Technology Breakdown Data by Type
4.1 Global Microgrid Technology Historic Market Size by Type (2018-2023)
4.2 Global Microgrid Technology Forecasted Market Size by Type (2024-2029)
5 Microgrid Technology Breakdown Data by Application
5.1 Global Microgrid Technology Historic Market Size by Application (2018-2023)
5.2 Global Microgrid Technology Forecasted Market Size by Application (2024-2029)
6 United States Microgrid Technology Market Facts & Figures
6.1 United States Microgrid Technology Revenue by Company (2018-2023)
6.2 United States Microgrid Technology Market Size by Type
6.2.1 United States Microgrid Technology Market Size by Type (2018-2023)
6.2.2 United States Microgrid Technology Market Size by Type (2024-2029)
6.2.3 United States Microgrid Technology Market Share by Type (2018-2029)
6.3 United States Microgrid Technology Market Size by Application
6.3.1 United States Microgrid Technology Market Size by Application (2018-2023)
6.3.2 United States Microgrid Technology Market Size by Application (2024-2029)
6.3.3 United States Microgrid Technology Market Share by Application (2018-2029)
7 Europe Microgrid Technology Market Facts & Figures
7.1 Europe Microgrid Technology Revenue by Company (2018-2023)
7.2 Europe Microgrid Technology Market Size by Type
7.2.1 Europe Microgrid Technology Market Size by Type (2018-2023)
7.2.2 Europe Microgrid Technology Market Size by Type (2024-2029)
7.2.3 Europe Microgrid Technology Market Share by Type (2018-2029)
7.3 Europe Microgrid Technology Market Size by Application
7.3.1 Europe Microgrid Technology Market Size by Application (2018-2023)
7.3.2 Europe Microgrid Technology Market Size by Application (2024-2029)
7.3.3 Europe Microgrid Technology Market Share by Application (2018-2029)
8 China Microgrid Technology Market Facts & Figures
8.1 China Microgrid Technology Revenue by Company (2018-2023)
8.2 China Microgrid Technology Market Size by Type
8.2.1 China Microgrid Technology Market Size by Type (2018-2023)
8.2.2 China Microgrid Technology Market Size by Type (2024-2029)
8.2.3 China Microgrid Technology Market Share by Type (2018-2029)
8.3 China Microgrid Technology Market Size by Application
8.3.1 China Microgrid Technology Market Size by Application (2018-2023)
8.3.2 China Microgrid Technology Market Size by Application (2024-2029)
8.3.3 China Microgrid Technology Market Share by Application (2018-2029)
9 Japan Microgrid Technology Market Facts & Figures
9.1 Japan Microgrid Technology Revenue by Company (2018-2023)
9.2 Japan Microgrid Technology Market Size by Type
9.2.1 Japan Microgrid Technology Market Size by Type (2018-2023)
9.2.2 Japan Microgrid Technology Market Size by Type (2024-2029)
9.2.3 Japan Microgrid Technology Market Share by Type (2018-2029)
9.3 Japan Microgrid Technology Market Size by Application
9.3.1 Japan Microgrid Technology Market Size by Application (2018-2023)
9.3.2 Japan Microgrid Technology Market Size by Application (2024-2029)
9.3.3 Japan Microgrid Technology Market Share by Application (2018-2029)
10 Southeast Asia Microgrid Technology Market Facts & Figures
10.1 Southeast Asia Microgrid Technology Revenue by Company (2018-2023)
10.2 Southeast Asia Microgrid Technology Market Size by Type
10.2.1 Southeast Asia Microgrid Technology Market Size by Type (2018-2023)
10.2.2 Southeast Asia Microgrid Technology Market Size by Type (2024-2029)
10.2.3 Southeast Asia Microgrid Technology Market Share by Type (2018-2029)
10.3 Southeast Asia Microgrid Technology Market Size by Application
10.3.1 Southeast Asia Microgrid Technology Market Size by Application (2018-2023)
10.3.2 Southeast Asia Microgrid Technology Market Size by Application (2024-2029)
10.3.3 Southeast Asia Microgrid Technology Market Share by Application (2018-2029)
11 India Microgrid Technology Market Facts & Figures
11.1 India Microgrid Technology Revenue by Company (2018-2023)
11.2 India Microgrid Technology Market Size by Type
11.2.1 India Microgrid Technology Market Size by Type (2018-2023)
11.2.2 India Microgrid Technology Market Size by Type (2024-2029)
11.2.3 India Microgrid Technology Market Share by Type (2018-2029)
11.3 India Microgrid Technology Market Size by Application
11.3.1 India Microgrid Technology Market Size by Application (2018-2023)
11.3.2 India Microgrid Technology Market Size by Application (2024-2029)
11.3.3 India Microgrid Technology Market Share by Application (2018-2029)
12 Key Players Profiles
12.1 ABB
12.1.1 ABB Company Details
12.1.2 ABB Business Overview
12.1.3 ABB Microgrid Technology Introduction
12.1.4 ABB Revenue in Microgrid Technology Business (2018-2023)
12.1.5 ABB Recent Development
12.2 GE
12.2.1 GE Company Details
12.2.2 GE Business Overview
12.2.3 GE Microgrid Technology Introduction
12.2.4 GE Revenue in Microgrid Technology Business (2018-2023)
12.2.5 GE Recent Development
12.3 Echelon
12.3.1 Echelon Company Details
12.3.2 Echelon Business Overview
12.3.3 Echelon Microgrid Technology Introduction
12.3.4 Echelon Revenue in Microgrid Technology Business (2018-2023)
12.3.5 Echelon Recent Development
12.4 S&C Electric
12.4.1 S&C Electric Company Details
12.4.2 S&C Electric Business Overview
12.4.3 S&C Electric Microgrid Technology Introduction
12.4.4 S&C Electric Revenue in Microgrid Technology Business (2018-2023)
12.4.5 S&C Electric Recent Development
12.5 Siemens
12.5.1 Siemens Company Details
12.5.2 Siemens Business Overview
12.5.3 Siemens Microgrid Technology Introduction
12.5.4 Siemens Revenue in Microgrid Technology Business (2018-2023)
12.5.5 Siemens Recent Development
12.6 General Microgrids
12.6.1 General Microgrids Company Details
12.6.2 General Microgrids Business Overview
12.6.3 General Microgrids Microgrid Technology Introduction
12.6.4 General Microgrids Revenue in Microgrid Technology Business (2018-2023)
12.6.5 General Microgrids Recent Development
12.7 Microgrid Solar
12.7.1 Microgrid Solar Company Details
12.7.2 Microgrid Solar Business Overview
12.7.3 Microgrid Solar Microgrid Technology Introduction
12.7.4 Microgrid Solar Revenue in Microgrid Technology Business (2018-2023)
12.7.5 Microgrid Solar Recent Development
12.8 Raytheon
12.8.1 Raytheon Company Details
12.8.2 Raytheon Business Overview
12.8.3 Raytheon Microgrid Technology Introduction
12.8.4 Raytheon Revenue in Microgrid Technology Business (2018-2023)
12.8.5 Raytheon Recent Development
12.9 Sunverge Energy
12.9.1 Sunverge Energy Company Details
12.9.2 Sunverge Energy Business Overview
12.9.3 Sunverge Energy Microgrid Technology Introduction
12.9.4 Sunverge Energy Revenue in Microgrid Technology Business (2018-2023)
12.9.5 Sunverge Energy Recent Development
12.10 Toshiba
12.10.1 Toshiba Company Details
12.10.2 Toshiba Business Overview
12.10.3 Toshiba Microgrid Technology Introduction
12.10.4 Toshiba Revenue in Microgrid Technology Business (2018-2023)
12.10.5 Toshiba Recent Development
12.11 NEC
12.11.1 NEC Company Details
12.11.2 NEC Business Overview
12.11.3 NEC Microgrid Technology Introduction
12.11.4 NEC Revenue in Microgrid Technology Business (2018-2023)
12.11.5 NEC Recent Development
12.12 Aquion Energy
12.12.1 Aquion Energy Company Details
12.12.2 Aquion Energy Business Overview
12.12.3 Aquion Energy Microgrid Technology Introduction
12.12.4 Aquion Energy Revenue in Microgrid Technology Business (2018-2023)
12.12.5 Aquion Energy Recent Development
12.13 EnStorage
12.13.1 EnStorage Company Details
12.13.2 EnStorage Business Overview
12.13.3 EnStorage Microgrid Technology Introduction
12.13.4 EnStorage Revenue in Microgrid Technology Business (2018-2023)
12.13.5 EnStorage Recent Development
12.14 SGCC
12.14.1 SGCC Company Details
12.14.2 SGCC Business Overview
12.14.3 SGCC Microgrid Technology Introduction
12.14.4 SGCC Revenue in Microgrid Technology Business (2018-2023)
12.14.5 SGCC Recent Development
12.15 Moixa
12.15.1 Moixa Company Details
12.15.2 Moixa Business Overview
12.15.3 Moixa Microgrid Technology Introduction
12.15.4 Moixa Revenue in Microgrid Technology Business (2018-2023)
12.15.5 Moixa Recent Development
12.16 EnSync
12.16.1 EnSync Company Details
12.16.2 EnSync Business Overview
12.16.3 EnSync Microgrid Technology Introduction
12.16.4 EnSync Revenue in Microgrid Technology Business (2018-2023)
12.16.5 EnSync Recent Development
12.17 Ampard
12.17.1 Ampard Company Details
12.17.2 Ampard Business Overview
12.17.3 Ampard Microgrid Technology Introduction
12.17.4 Ampard Revenue in Microgrid Technology Business (2018-2023)
12.17.5 Ampard Recent Development
12.18 Green Energy Corp
12.18.1 Green Energy Corp Company Details
12.18.2 Green Energy Corp Business Overview
12.18.3 Green Energy Corp Microgrid Technology Introduction
12.18.4 Green Energy Corp Revenue in Microgrid Technology Business (2018-2023)
12.18.5 Green Energy Corp Recent Development
12.19 Growing Energy Labs Inc
12.19.1 Growing Energy Labs Inc Company Details
12.19.2 Growing Energy Labs Inc Business Overview
12.19.3 Growing Energy Labs Inc Microgrid Technology Introduction
12.19.4 Growing Energy Labs Inc Revenue in Microgrid Technology Business (2018-2023)
12.19.5 Growing Energy Labs Inc Recent Development
12.20 HOMER Energy
12.20.1 HOMER Energy Company Details
12.20.2 HOMER Energy Business Overview
12.20.3 HOMER Energy Microgrid Technology Introduction
12.20.4 HOMER Energy Revenue in Microgrid Technology Business (2018-2023)
12.20.5 HOMER Energy Recent Development
12.21 Spirae
12.21.1 Spirae Company Details
12.21.2 Spirae Business Overview
12.21.3 Spirae Microgrid Technology Introduction
12.21.4 Spirae Revenue in Microgrid Technology Business (2018-2023)
12.21.5 Spirae Recent Development
13 Market Dynamics
13.1 Microgrid Technology Industry Trends
13.2 Microgrid Technology Market Drivers
13.3 Microgrid Technology Market Challenges
13.4 Microgrid Technology Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author List
15.3 Disclaimer

Companies Mentioned:

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

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