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Global Microgrid Market (2020 to 2025) - by Grid Type, Connectivity, Application, Region and Country
DUBLIN, Dec. 15, 2020 /PRNewswire/ -- The "Global Microgrid Market (Value, Volume): Analysis By Grid Type (AC, DC, Hybrid), Connectivity, Application, By Region, By Country (2020 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Microgrid Market was valued at USD 14,881.33 Million in the year 2019. Rising penetration of captive power generation on account of rapid industrial development across the remote areas will fuel the global power capacity. Additionally, burgeoning R&D investments toward the development of advanced electrical infrastructure for monitoring and controlling of growing power demand will also push the market industry.
Rapid urbanization along with favorable government reforms across residential & commercial establishments will drive the microgrid market statistics. Sustainable on-site generation technologies coupled with smart control networking initiatives will boost the technology adoption. In addition, growing community-based electrification demand along with increasing public and private funding toward the adoption of decentralized generation units will complement the industry outlook.
APAC region holds the major Microgrid market share of around 42.30% in 2019. Developing nations such as China and India, which have unreliable and unstable power, are seeing a better opportunity for microgrid market to expand in near future.
Escalating high-end electricity consumption backed by the presence of new HVAC and heavy load machinery systems in the industrial sector will foster the business growth. Moreover, communities seek deployment of microgrid systems due to a gamut of factors, such as improvements to reliability in the face of extreme weather events, environmental benefits of local renewable generation, new local cost-management or revenue opportunities, increased autonomy, and among others.
COVID-19 is having an especially negative impact on the renewables sector. One of the main problems relates to the delivery of equipment to power plants. China, which is among the countries most heavily affected by the coronavirus, is the main global producer of many clean energy technologies, such as solar panels, wind turbines and batteries. Since coronavirus has delayed deliveries from China, renewable energy companies are not able to comply with deadlines for equipment installation.
Scope of the Report
- The report analyses the Microgrid Market by value (USD Million), by volume (Capacity).
- The report analyses the Microgrid Market by Connectivity (Grid-Connected, Off-Grid).
- The report analyses the Microgrid Market by Grid Type (AC Microgrid, DC Microgrid, Hybrid).
- The report analyses the Microgrid Market by Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others).
- The Global Microgrid Market has been analysed By Region (United States, Canada, Mexico, Brazil, Germany, France, U.K, China, Japan, India).
- The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, by connectivity, by grid type, and by application. Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
- The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Siemens AG, ABB, Honeywell, Hitachi, Schneider Electric, General Electric, Exelon Corporation, Lockheed Martin, Eaton Corporation Plc, S&C Electric Company.
- The report presents the analysis of Microgrid market for the historical period of 2015-2019 and the forecast period of 2020-2025.
Key Topics Covered:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Microgrid Market: Product Overview
4. Global Microgrid Market: Sizing and Forecast
4.1 Market Size, By Value, Year 2015-2019
4.2 Market Size, By Value, Year 2020-2025
4.3 Market Size, By Capacity, Year 2015-2025
4.4 Impact of COVID-19 on Global Microgrid Market
4.5 Global Economic & Industrial Outlook
5. Global Microgrid Market Segmentation, By Connectivity
5.1 Global Microgrid Market: Segment Analysis
5.2 Competitive Scenario of Global Microgrid Market: By Connectivity (2019 & 2025)
5.3 By Grid-Connected- Market Size and Forecast (2015-2025)
5.4 By Off-Grid Market Size and Forecast (2015-2025)
6. Global Microgrid Market Segmentation, By Grid Type
6.1 Global Microgrid Market: Segment Analysis
6.2 Competitive Scenario of Global Microgrid Market: By Grid Type (2019 & 2025)
6.3 By AC Grid- Market Size and Forecast (2015-2025)
6.4 By DC Grid- Market Size and Forecast (2015-2025)
6.5 By Hybrid- Market Size and Forecast (2015-2025)
7. Global Microgrid Market Segmentation, By Application
7.1 Global Microgrid Market: Segment Analysis
7.2 Competitive Scenario of Global Microgrid Market: By Application (2019 & 2025)
7.3 By Industrial/Commercial- Market Size and Forecast (2015-2025)
7.4 By Military- Market Size and Forecast (2015-2025)
7.5 By Utility- Market Size and Forecast (2015-2025)
7.6 By Remote- Market Size and Forecast (2015-2025)
7.7 By Institutional/Campus- Market Size and Forecast (2015-2025)
7.8 By Others- Market Size and Forecast (2015-2025)
8. Global Microgrid Market: Regional Analysis
8.1 Competitive Scenario of Global Microgrid Market: By Region (2019 & 2025)
9. Americas Microgrid Market: An Analysis
9.1 Americas Microgrid Market (by value & Capacity): Size and Forecast (2015-2025)
9.2 Americas Economic and industrial Statistics
9.3 Americas Microgrid Market- Prominent Companies
9.4 Market Segmentation By Connectivity (Grid-Connected, Off-Grid)
9.5 Market Segmentation By Grid Type (AC Microgrid, DC Microgrid, Hybrid)
9.6 Market Segmentation By Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others)
9.7 Americas Microgrid Market: Country Analysis
9.8 Market Opportunity Chart of Americas Microgrid Market - By Country, By Value (Year-2025)
9.9 Competitive Scenario of Americas Microgrid: By Country (2019 & 2025)
9.10 United States Microgrid Market: Size and Forecast (2015-2025)
9.11 United States Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
9.12 United States Economic and Industrial Statistics
9.13 Canada Microgrid Market: Size and Forecast (2015-2025)
9.14 Canada Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
9.15 Canada Economic and Industrial Statistics
9.16 Mexico Microgrid Market: Size and Forecast (2015-2025)
9.17 Mexico Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
9.18 Mexico Economic and Industrial Statistics
9.19 Brazil Microgrid Market: Size and Forecast (2015-2025)
9.20 Brazil Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
9.21 Brazil Economic and Industrial Statistics
10. Europe Microgrid Market: An Analysis
10.1 Europe Microgrid Market (by value & Capacity): Size and Forecast (2015-2025)
10.2 Europe Economic and industrial Statistics
10.3 Europe Microgrid Market- Prominent Companies
10.4 Market Segmentation By Connectivity (Grid-Connected, Off-Grid)
10.5 Market Segmentation By Grid Type (AC Microgrid, DC Microgrid, Hybrid)
10.6 Market Segmentation By Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others)
10.7 Europe Microgrid Market: Country Analysis
10.8 Market Opportunity Chart of Europe Microgrid Market - By Country, By Value (Year-2025)
10.9 Competitive Scenario of Europe Microgrid: By Country (2019 & 2025)
10.10 Germany Microgrid Market: Size and Forecast (2015-2025)
10.11 Germany Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
10.12 Germany Economic and Industrial Statistics
10.13 France Microgrid Market: Size and Forecast (2015-2025)
10.14 France Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
10.15 France Economic and Industrial Statistics
10.16 United Kingdom Microgrid Market: Size and Forecast (2015-2025)
10.17 United Kingdom Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
10.18 United Kingdom Economic and Industrial Statistics
11. Asia Pacific Microgrid Market: An Analysis
11.1 APAC Microgrid Market (by value & Capacity): Size and Forecast (2015-2025)
11.2 APAC Economic and industrial Statistics
11.3 APAC Microgrid Market- Prominent Companies
11.4 Market Segmentation By Connectivity (Grid-Connected, Off-Grid)
11.5 Market Segmentation By Grid Type (AC Microgrid, DC Microgrid, Hybrid)
11.6 Market Segmentation By Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others)
11.7 APAC Microgrid Market: Country Analysis
11.8 Market Opportunity Chart of APAC Microgrid Market - By Country, By Value (Year-2025)
11.9 Competitive Scenario of APAC Microgrid: By Country (2019 & 2025)
11.10 China Microgrid Market: Size and Forecast (2015-2025)
11.11 China Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
11.12 China Economic and Industrial Statistics
11.13 Japan Microgrid Market: Size and Forecast (2015-2025)
11.14 Japan Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
11.15 Japan Economic and Industrial Statistics
11.16 India Microgrid Market: Size and Forecast (2015-2025)
11.17 India Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
11.18 India Economic and Industrial Statistics
12. Global Microgrid Market Dynamics
12.1 Global Microgrid Market Drivers
12.2 Global Microgrid Market Restraints
12.3 Global Microgrid Market Trends
13. Market Attractiveness and Strategic Analysis
13.1 Market Attractiveness
13.1.1 Market Attractiveness Chart of Global Microgrid Market - By Connectivity (Year 2025)
13.1.2 Market Attractiveness Chart of Global Microgrid Market - By Grid Type (Year 2025)
13.1.3 Market Attractiveness Chart of Global Microgrid Market - By Application (Year 2025)
13.1.4 Market Attractiveness Chart of Global Microgrid Market - By Region (Year 2025)
14. Competitive Landscape
14.1 Market Share of global leading companies
14.2 SWOT Analysis
14.3 Porter's Five Force Analysis
15. Company Profiles (Business Description, Financial Analysis, Business Strategy)
15.1 Siemens AG
15.2 ABB Ltd.
15.3 Honeywell
15.4 Hitachi
15.5 Schneider Electric
15.6 General Electric
15.7 Exelon Corporation
15.8 Lockheed Martin
15.9 Eaton Corporation Plc
15.10 S&C Electric Company
For more information about this report visit https://www.researchandmarkets.com/r/pwc8j5
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