Global Smart Microgrid Solutions Market Research Report 2024

Publication ID:

PB504245113

Publication Date:

April 12, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

IT Services [2]

Computing & Electronics [3]

Description:

"A microgrid is a group of interconnected loads and distributed energy resources (DERs) with clearly defined electrical boundaries that acts as a single, controllable entity with respect to the grid. A microgrid can connect and disconnect from the grid to enable its operations in both grid-connected or islanded mode" 鈥� US DOE Microgrid Exchange Group, 2010
The global Smart Microgrid Solutions market was valued at US$ 18210 million in 2023 and is anticipated to reach US$ 31440 million by 2030, witnessing a CAGR of 8.0% during the forecast period 2024-2030.
With the ever-increasing energy demand and the urgent need for energy transition, smart microgrid solutions are gaining significant attention. A smart microgrid is an energy system that integrates distributed energy resources, energy storage facilities, and intelligent control systems. It can provide reliable power supply within a local area while efficiently managing and optimizing energy utilization. In the current market trends, smart microgrids exhibit several notable advantages. Firstly, they facilitate the widespread adoption of renewable energy, reducing reliance on traditional fossil fuels and aligning with the path towards sustainability. Secondly, through intelligent energy management systems, smart microgrids enable precise monitoring, scheduling, and optimization of energy resources, thereby enhancing energy utilization efficiency and minimizing waste. Moreover, smart microgrids offer more reliable energy supply, particularly during natural disasters or power system failures, by ensuring localized independent power generation and enhancing disaster resilience. Taking all factors into consideration, smart microgrid solutions hold a crucial position in the future energy landscape and are poised to be an innovative direction in the field of energy development.
This report aims to provide a comprehensive presentation of the global market for Smart Microgrid Solutions, 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 Smart Microgrid Solutions.
Report Scope
The Smart Microgrid Solutions market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Microgrid Solutions 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 Smart Microgrid Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ARDA Power
BoxPower Inc
Eaton
GE Grid Solutions
Gham Power
Gridscape
SMA Solar Technology
Sagemcom
Scale Microgrid Solutions
SimpliPhi Power
Schweitzer Engineering Laboratories
Schneider Electric
Siemens
PowerSecure
Nidec Corporation
Segment by Type
Grid-connected Microgrid
Off-grid Microgrid
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 Smart Microgrid Solutions 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 main companies in the market in detail, including product sales, revenue, price, 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.

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Microgrid Solutions Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Grid-connected Microgrid
1.2.3 Off-grid Microgrid
1.3 Market by Application
1.3.1 Global Smart Microgrid Solutions Market Growth by Application: 2019 VS 2023 VS 2030
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 Smart Microgrid Solutions Market Perspective (2019-2030)
2.2 Smart Microgrid Solutions Growth Trends by Region
2.2.1 Global Smart Microgrid Solutions Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Microgrid Solutions Historic Market Size by Region (2019-2024)
2.2.3 Smart Microgrid Solutions Forecasted Market Size by Region (2025-2030)
2.3 Smart Microgrid Solutions Market Dynamics
2.3.1 Smart Microgrid Solutions Industry Trends
2.3.2 Smart Microgrid Solutions Market Drivers
2.3.3 Smart Microgrid Solutions Market Challenges
2.3.4 Smart Microgrid Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Microgrid Solutions Players by Revenue
3.1.1 Global Top Smart Microgrid Solutions Players by Revenue (2019-2024)
3.1.2 Global Smart Microgrid Solutions Revenue Market Share by Players (2019-2024)
3.2 Global Smart Microgrid Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Microgrid Solutions Revenue
3.4 Global Smart Microgrid Solutions Market Concentration Ratio
3.4.1 Global Smart Microgrid Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Microgrid Solutions Revenue in 2023
3.5 Smart Microgrid Solutions Key Players Head office and Area Served
3.6 Key Players Smart Microgrid Solutions Product Solution and Service
3.7 Date of Enter into Smart Microgrid Solutions Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Microgrid Solutions Breakdown Data by Type
4.1 Global Smart Microgrid Solutions Historic Market Size by Type (2019-2024)
4.2 Global Smart Microgrid Solutions Forecasted Market Size by Type (2025-2030)
5 Smart Microgrid Solutions Breakdown Data by Application
5.1 Global Smart Microgrid Solutions Historic Market Size by Application (2019-2024)
5.2 Global Smart Microgrid Solutions Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Microgrid Solutions Market Size (2019-2030)
6.2 North America Smart Microgrid Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Microgrid Solutions Market Size by Country (2019-2024)
6.4 North America Smart Microgrid Solutions Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Microgrid Solutions Market Size (2019-2030)
7.2 Europe Smart Microgrid Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Microgrid Solutions Market Size by Country (2019-2024)
7.4 Europe Smart Microgrid Solutions Market Size by Country (2025-2030)
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 Smart Microgrid Solutions Market Size (2019-2030)
8.2 Asia-Pacific Smart Microgrid Solutions Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Microgrid Solutions Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Microgrid Solutions Market Size by Region (2025-2030)
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 Smart Microgrid Solutions Market Size (2019-2030)
9.2 Latin America Smart Microgrid Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Microgrid Solutions Market Size by Country (2019-2024)
9.4 Latin America Smart Microgrid Solutions Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Microgrid Solutions Market Size (2019-2030)
10.2 Middle East & Africa Smart Microgrid Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Microgrid Solutions Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Microgrid Solutions Market Size by Country (2025-2030)
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 Smart Microgrid Solutions Introduction
11.1.4 ARDA Power Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.2.4 BoxPower Inc Revenue in Smart Microgrid Solutions Business (2019-2024)
11.2.5 BoxPower Inc Recent Development
11.3 Eaton
11.3.1 Eaton Company Detail
11.3.2 Eaton Business Overview
11.3.3 Eaton Smart Microgrid Solutions Introduction
11.3.4 Eaton Revenue in Smart Microgrid Solutions Business (2019-2024)
11.3.5 Eaton Recent Development
11.4 GE Grid Solutions
11.4.1 GE Grid Solutions Company Detail
11.4.2 GE Grid Solutions Business Overview
11.4.3 GE Grid Solutions Smart Microgrid Solutions Introduction
11.4.4 GE Grid Solutions Revenue in Smart Microgrid Solutions Business (2019-2024)
11.4.5 GE Grid Solutions Recent Development
11.5 Gham Power
11.5.1 Gham Power Company Detail
11.5.2 Gham Power Business Overview
11.5.3 Gham Power Smart Microgrid Solutions Introduction
11.5.4 Gham Power Revenue in Smart Microgrid Solutions Business (2019-2024)
11.5.5 Gham Power Recent Development
11.6 Gridscape
11.6.1 Gridscape Company Detail
11.6.2 Gridscape Business Overview
11.6.3 Gridscape Smart Microgrid Solutions Introduction
11.6.4 Gridscape Revenue in Smart Microgrid Solutions Business (2019-2024)
11.6.5 Gridscape 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 Smart Microgrid Solutions Introduction
11.7.4 SMA Solar Technology Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.8.4 Sagemcom Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.9.4 Scale Microgrid Solutions Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.10.4 SimpliPhi Power Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.11.4 Schweitzer Engineering Laboratories Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.12.4 Schneider Electric Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.13.4 Siemens Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.14.4 PowerSecure Revenue in Smart Microgrid Solutions Business (2019-2024)
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 Smart Microgrid Solutions Introduction
11.15.4 Nidec Corporation Revenue in Smart Microgrid Solutions Business (2019-2024)
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

Companies Mentioned:

ARDA Power
BoxPower Inc
Eaton
GE Grid Solutions
Gham Power
Gridscape
SMA Solar Technology
Sagemcom
Scale Microgrid Solutions
SimpliPhi Power
Schweitzer Engineering Laboratories
Schneider Electric
Siemens
PowerSecure
Nidec Corporation

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