The report states about Microgrid Technology Market. The report provides top manufacturers, production, application and regions.
This report studies the global Microgrid Technology market status and forecast, categorizes the global Microgrid Technology market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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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.
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 global Microgrid Technology market is valued at 11400 million US$ in 2017 and will reach 32200 million US$ by the end of 2025, growing at a CAGR of 13.9% during 2018-2025.
The major manufacturers covered in this report
- 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.
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
- North America
- Europe
- China
- Japan
- India
- Southeast Asia
- Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Rest of Asia-Pacific
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- Turkey
- Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Grid-Tied Type Microgrid
- Independent Type Microgrid
By Application, the market can be split into
- Commercial/Industrial Microgrid
- Community/Utility Microgrid
- Campus/Institutional Microgrid
- Military Microgrid
- Remote Microgrid
The study objectives of this report are:
- To analyze and study the global Microgrid Technology capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
- Focuses on the key Microgrid Technology manufacturers, to study the capacity, production, value, market share and development plans in future.
- Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Microgrid Technology are as follows:
- History Year: 2013-2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
- Key Stakeholders
- Microgrid Technology Manufacturers
- Microgrid Technology Distributors/Traders/Wholesalers
- Microgrid Technology Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
Available Customizations
- With the given market data, we offers customizations according to the company’s specific needs. The following customization options are available for the report:
- Regional and country-level analysis of the Microgrid Technology market, by end-use.
- Detailed analysis and profiles of additional market players.
Table of content
Table of Contents
Global Microgrid Technology Market Professional Survey Report 2018
1 Industry Overview of Microgrid Technology
1.1 Definition and Specifications of Microgrid Technology
1.1.1 Definition of Microgrid Technology
1.1.2 Specifications of Microgrid Technology
1.2 Classification of Microgrid Technology
1.2.1 Grid-Tied Type Microgrid
1.2.2 Independent Type Microgrid
1.3 Applications of Microgrid Technology
1.3.1 Commercial/Industrial Microgrid
1.3.2 Community/Utility Microgrid
1.3.3 Campus/Institutional Microgrid
1.3.4 Military Microgrid
1.3.5 Remote Microgrid
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 Southeast Asia
1.4.6 India
2 Manufacturing Cost Structure Analysis of Microgrid Technology
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Microgrid Technology
2.3 Manufacturing Process Analysis of Microgrid Technology
2.4 Industry Chain Structure of Microgrid Technology
3 Technical Data and Manufacturing Plants Analysis of Microgrid Technology
3.1 Capacity and Commercial Production Date of Global Microgrid Technology Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global Microgrid Technology Major Manufacturers in 2017
3.3 R&D Status and Technology Source of Global Microgr
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