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.
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Scope of the Report:
This report focuses on the Microgrid Technology in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
North America is currently the largest microgrid market, having captured nearly half of all vendor revenue activity. The region holds a nearly identical market share (48.59%) compared with data presented in 2016.
ABB, GE and Echelon captured the top three revenue share spots in the Microgrid market in 2016. ABB dominated with 7.53 percent revenue share, followed by GE with 5.64 percent revenue share and Echelon with 5.03 percent revenue share.
The second place is Asia regions; following North America with the Revenue market share over 27.83% in 2016. Europe is another important consumption market of Microgrid Technology.
Microgrid Technology used in industry including Campus/Institutional Microgrid, Community/Utility Microgrid, Commercial/Industrial Microgrid, Military Microgrid and Remote Microgrid. Report data showed that 41.79% of the Microgrid Technology market demand in Campus/Institutional Microgrid, 24.24% in Commercial/Industrial Microgrid, and 21.28% in Community/Utility Microgrid in 2016.
There are two kinds of Microgrid Technology, which are Grid-Tied Type Microgrid and Independent Type Microgrid. Grid-Tied Type Microgrid is important in the Microgrid Technology, with a Installed Capacity market share nearly 78.30% in 2016.
Briefly speaking, in the next few years, Microgrid Technology industry will still be a rapid development industry. Sales of Microgrid Technology have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The worldwide market for Microgrid Technology is expected to grow at a CAGR of roughly 14.2% over the next five years, will reach 25300 million US$ in 2023, from 11400 million US$ in 2017, according to a new study.
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Microgrid Technology Market report firstly introduced the Microgrid Technology basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product Microgrid Technology, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, Microgrid Technology market introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
Market Segment by Manufacturers, this report covers
ABB
GE
Echelon
S&C Electric Co
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, Inc.
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Microgrid Technology market Report covers the manufacturers’ data, including: shipment, Microgrid Technology, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. Microgrid Technology market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as Microgrid Technology data.
Market Segment by Type, covers
Grid-Tied Type Microgrid
Independent Type Microgrid
Market Segment by Applications, can be divided into
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid
The concluding paragraph of the Microgrid Technology market report reveals research findings, results, conclusions. Similarly discloses various Microgrid Technology industry data sources, traders/distributors, suppliers, manufacturers, sales channel, and appendix. In a word, the overall Microgrid Technology market report is a valuable document for people interested in Microgrid Technology market.
Selective Major Points from TOC:
Chapter Three: Global Microgrid Technology Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Microgrid Technology Market Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Microgrid Technology Market Revenue and Market Share by Manufacturer (2016-2017)
3.4 Market Competition Trend
Chapter Four: Global Microgrid Technology Market Analysis by Regions
4.1 Global Microgrid Technology Market Sales, Revenue and Market Share by Regions
4.1.1 Global Microgrid Technology Market Sales and Market Share by Regions (2013-2018)
4.6 Middle East and Africa Microgrid Technology Market Sales and Growth Rate (2013-2018)
Chapter Six: Europe Microgrid Technology by Countries
6.1 Europe Microgrid Technology Market Sales, Revenue and Market Share by Countries
6.5 Russia Microgrid Technology Market Sales and Growth Rate (2013-2018)
6.6 Italy Microgrid Technology Market Sales and Growth Rate (2013-2018)
Chapter Eight: South America Microgrid Technology by Countries
8.1 South America Microgrid Technology Market Sales, Revenue and Market Share by Countries
8.3 Argentina Microgrid Technology Market Sales and Growth Rate (2013-2018)
8.4 Colombia Microgrid Technology Market Sales and Growth Rate (2013-2018)
Chapter Ten: Global Microgrid Technology Market Segment by Type
10.1 Global Microgrid Technology Market Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Microgrid Technology Market Sales and Market Share by Type (2013-2018)
10.1.2 Global Microgrid Technology Market Revenue and Market Share by Type (2013-2018)
10.3.2 Global Definite-Purpose Microgrid Technology Market Price (2013-2018)
Related Report:
The report segments the Microgrid Technology Market on the premise of type, application, and geography. On the premise of type, the market is categorized into public, private, and others. Applications lined within the study include exchange, payment, documentation, others. Geographical breakdown and deep analysis of each of the same segments are enclosed for Regions.
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