Global Microgrid Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Report ID: GIR2212260131 | Category: Service & Software | Pages: 122 | Format: PDF | Published Date: January 03,2023

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Report Summary

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.
According to our (Global Info Research) latest study, the global Microgrid Technology market size was valued at USD 20160 million in 2022 and is forecast to a readjusted size of USD 48320 million by 2029 with a CAGR of 13.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
This report is a detailed and comprehensive analysis for global Microgrid Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Microgrid Technology market size and forecasts, in consumption value ($ Million), 2018-2029
Global Microgrid Technology market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Microgrid Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Microgrid Technology market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Microgrid Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Microgrid Technology market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, GE, Echelon, S&C Electric and Siemens, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Microgrid Technology market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Grid-Tied Type Microgrid
    Independent Type Microgrid
Market segment by Application
    Commercial/Industrial
    Community/Utility
    Campus/Institutional
    Military
    Remote
    Others
Market segment by players, this report covers
    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
Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Microgrid Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Microgrid Technology, with revenue, gross margin and global market share of Microgrid Technology from 2018 to 2023.
Chapter 3, the Microgrid Technology competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Microgrid Technology market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Microgrid Technology.
Chapter 13, to describe Microgrid Technology research findings and conclusion.

1 Market Overview
    1.1 Product Overview and Scope of Microgrid Technology
    1.2 Market Estimation Caveats and Base Year
    1.3 Classification of Microgrid Technology by Type
        1.3.1 Overview: Global Microgrid Technology Market Size by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Global Microgrid Technology Consumption Value Market Share by Type in 2022
        1.3.3 Grid-Tied Type Microgrid
        1.3.4 Independent Type Microgrid
    1.4 Global Microgrid Technology Market by Application
        1.4.1 Overview: Global Microgrid Technology Market Size by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Commercial/Industrial
        1.4.3 Community/Utility
        1.4.4 Campus/Institutional
        1.4.5 Military
        1.4.6 Remote
        1.4.7 Others
    1.5 Global Microgrid Technology Market Size & Forecast
    1.6 Global Microgrid Technology Market Size and Forecast by Region
        1.6.1 Global Microgrid Technology Market Size by Region: 2018 VS 2022 VS 2029
        1.6.2 Global Microgrid Technology Market Size by Region, (2018-2029)
        1.6.3 North America Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.4 Europe Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.5 Asia-Pacific Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.6 South America Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.7 Middle East and Africa Microgrid Technology Market Size and Prospect (2018-2029)
2 Company Profiles
    2.1 ABB
        2.1.1 ABB Details
        2.1.2 ABB Major Business
        2.1.3 ABB Microgrid Technology Product and Solutions
        2.1.4 ABB Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 ABB Recent Developments and Future Plans
    2.2 GE
        2.2.1 GE Details
        2.2.2 GE Major Business
        2.2.3 GE Microgrid Technology Product and Solutions
        2.2.4 GE Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 GE Recent Developments and Future Plans
    2.3 Echelon
        2.3.1 Echelon Details
        2.3.2 Echelon Major Business
        2.3.3 Echelon Microgrid Technology Product and Solutions
        2.3.4 Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Echelon Recent Developments and Future Plans
    2.4 S&C Electric
        2.4.1 S&C Electric Details
        2.4.2 S&C Electric Major Business
        2.4.3 S&C Electric Microgrid Technology Product and Solutions
        2.4.4 S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 S&C Electric Recent Developments and Future Plans
    2.5 Siemens
        2.5.1 Siemens Details
        2.5.2 Siemens Major Business
        2.5.3 Siemens Microgrid Technology Product and Solutions
        2.5.4 Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Siemens Recent Developments and Future Plans
    2.6 General Microgrids
        2.6.1 General Microgrids Details
        2.6.2 General Microgrids Major Business
        2.6.3 General Microgrids Microgrid Technology Product and Solutions
        2.6.4 General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 General Microgrids Recent Developments and Future Plans
    2.7 Microgrid Solar
        2.7.1 Microgrid Solar Details
        2.7.2 Microgrid Solar Major Business
        2.7.3 Microgrid Solar Microgrid Technology Product and Solutions
        2.7.4 Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Microgrid Solar Recent Developments and Future Plans
    2.8 Raytheon
        2.8.1 Raytheon Details
        2.8.2 Raytheon Major Business
        2.8.3 Raytheon Microgrid Technology Product and Solutions
        2.8.4 Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Raytheon Recent Developments and Future Plans
    2.9 Sunverge Energy
        2.9.1 Sunverge Energy Details
        2.9.2 Sunverge Energy Major Business
        2.9.3 Sunverge Energy Microgrid Technology Product and Solutions
        2.9.4 Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Sunverge Energy Recent Developments and Future Plans
    2.10 Toshiba 
        2.10.1 Toshiba Details
        2.10.2 Toshiba Major Business
        2.10.3 Toshiba Microgrid Technology Product and Solutions
        2.10.4 Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Toshiba Recent Developments and Future Plans
    2.11 NEC
        2.11.1 NEC Details
        2.11.2 NEC Major Business
        2.11.3 NEC Microgrid Technology Product and Solutions
        2.11.4 NEC Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 NEC Recent Developments and Future Plans
    2.12 Aquion Energy
        2.12.1 Aquion Energy Details
        2.12.2 Aquion Energy Major Business
        2.12.3 Aquion Energy Microgrid Technology Product and Solutions
        2.12.4 Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Aquion Energy Recent Developments and Future Plans
    2.13 EnStorage
        2.13.1 EnStorage Details
        2.13.2 EnStorage Major Business
        2.13.3 EnStorage Microgrid Technology Product and Solutions
        2.13.4 EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 EnStorage Recent Developments and Future Plans
    2.14 SGCC
        2.14.1 SGCC Details
        2.14.2 SGCC Major Business
        2.14.3 SGCC Microgrid Technology Product and Solutions
        2.14.4 SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 SGCC Recent Developments and Future Plans
    2.15 Moixa
        2.15.1 Moixa Details
        2.15.2 Moixa Major Business
        2.15.3 Moixa Microgrid Technology Product and Solutions
        2.15.4 Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 Moixa Recent Developments and Future Plans
    2.16 EnSync
        2.16.1 EnSync Details
        2.16.2 EnSync Major Business
        2.16.3 EnSync Microgrid Technology Product and Solutions
        2.16.4 EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.16.5 EnSync Recent Developments and Future Plans
    2.17 Ampard
        2.17.1 Ampard Details
        2.17.2 Ampard Major Business
        2.17.3 Ampard Microgrid Technology Product and Solutions
        2.17.4 Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.17.5 Ampard Recent Developments and Future Plans
    2.18 Green Energy Corp
        2.18.1 Green Energy Corp Details
        2.18.2 Green Energy Corp Major Business
        2.18.3 Green Energy Corp Microgrid Technology Product and Solutions
        2.18.4 Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.18.5 Green Energy Corp Recent Developments and Future Plans
    2.19 Growing Energy Labs Inc
        2.19.1 Growing Energy Labs Inc Details
        2.19.2 Growing Energy Labs Inc Major Business
        2.19.3 Growing Energy Labs Inc Microgrid Technology Product and Solutions
        2.19.4 Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.19.5 Growing Energy Labs Inc Recent Developments and Future Plans
    2.20 HOMER Energy
        2.20.1 HOMER Energy Details
        2.20.2 HOMER Energy Major Business
        2.20.3 HOMER Energy Microgrid Technology Product and Solutions
        2.20.4 HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.20.5 HOMER Energy Recent Developments and Future Plans
    2.21 Spirae
        2.21.1 Spirae Details
        2.21.2 Spirae Major Business
        2.21.3 Spirae Microgrid Technology Product and Solutions
        2.21.4 Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.21.5 Spirae Recent Developments and Future Plans
3 Market Competition, by Players
    3.1 Global Microgrid Technology Revenue and Share by Players (2018-2023)
    3.2 Market Share Analysis (2022)
        3.2.1 Market Share of Microgrid Technology by Company Revenue
        3.2.2 Top 3 Microgrid Technology Players Market Share in 2022
        3.2.3 Top 6 Microgrid Technology Players Market Share in 2022
    3.3 Microgrid Technology Market: Overall Company Footprint Analysis
        3.3.1 Microgrid Technology Market: Region Footprint
        3.3.2 Microgrid Technology Market: Company Product Type Footprint
        3.3.3 Microgrid Technology Market: Company Product Application Footprint
    3.4 New Market Entrants and Barriers to Market Entry
    3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
    4.1 Global Microgrid Technology Consumption Value and Market Share by Type (2018-2023)
    4.2 Global Microgrid Technology Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
    5.1 Global Microgrid Technology Consumption Value Market Share by Application (2018-2023)
    5.2 Global Microgrid Technology Market Forecast by Application (2024-2029)
6 North America
    6.1 North America Microgrid Technology Consumption Value by Type (2018-2029)
    6.2 North America Microgrid Technology Consumption Value by Application (2018-2029)
    6.3 North America Microgrid Technology Market Size by Country
        6.3.1 North America Microgrid Technology Consumption Value by Country (2018-2029)
        6.3.2 United States Microgrid Technology Market Size and Forecast (2018-2029)
        6.3.3 Canada Microgrid Technology Market Size and Forecast (2018-2029)
        6.3.4 Mexico Microgrid Technology Market Size and Forecast (2018-2029)
7 Europe
    7.1 Europe Microgrid Technology Consumption Value by Type (2018-2029)
    7.2 Europe Microgrid Technology Consumption Value by Application (2018-2029)
    7.3 Europe Microgrid Technology Market Size by Country
        7.3.1 Europe Microgrid Technology Consumption Value by Country (2018-2029)
        7.3.2 Germany Microgrid Technology Market Size and Forecast (2018-2029)
        7.3.3 France Microgrid Technology Market Size and Forecast (2018-2029)
        7.3.4 United Kingdom Microgrid Technology Market Size and Forecast (2018-2029)
        7.3.5 Russia Microgrid Technology Market Size and Forecast (2018-2029)
        7.3.6 Italy Microgrid Technology Market Size and Forecast (2018-2029)
8 Asia-Pacific
    8.1 Asia-Pacific Microgrid Technology Consumption Value by Type (2018-2029)
    8.2 Asia-Pacific Microgrid Technology Consumption Value by Application (2018-2029)
    8.3 Asia-Pacific Microgrid Technology Market Size by Region
        8.3.1 Asia-Pacific Microgrid Technology Consumption Value by Region (2018-2029)
        8.3.2 China Microgrid Technology Market Size and Forecast (2018-2029)
        8.3.3 Japan Microgrid Technology Market Size and Forecast (2018-2029)
        8.3.4 South Korea Microgrid Technology Market Size and Forecast (2018-2029)
        8.3.5 India Microgrid Technology Market Size and Forecast (2018-2029)
        8.3.6 Southeast Asia Microgrid Technology Market Size and Forecast (2018-2029)
        8.3.7 Australia Microgrid Technology Market Size and Forecast (2018-2029)
9 South America
    9.1 South America Microgrid Technology Consumption Value by Type (2018-2029)
    9.2 South America Microgrid Technology Consumption Value by Application (2018-2029)
    9.3 South America Microgrid Technology Market Size by Country
        9.3.1 South America Microgrid Technology Consumption Value by Country (2018-2029)
        9.3.2 Brazil Microgrid Technology Market Size and Forecast (2018-2029)
        9.3.3 Argentina Microgrid Technology Market Size and Forecast (2018-2029)
10 Middle East & Africa
    10.1 Middle East & Africa Microgrid Technology Consumption Value by Type (2018-2029)
    10.2 Middle East & Africa Microgrid Technology Consumption Value by Application (2018-2029)
    10.3 Middle East & Africa Microgrid Technology Market Size by Country
        10.3.1 Middle East & Africa Microgrid Technology Consumption Value by Country (2018-2029)
        10.3.2 Turkey Microgrid Technology Market Size and Forecast (2018-2029)
        10.3.3 Saudi Arabia Microgrid Technology Market Size and Forecast (2018-2029)
        10.3.4 UAE Microgrid Technology Market Size and Forecast (2018-2029)
11 Market Dynamics
    11.1 Microgrid Technology Market Drivers
    11.2 Microgrid Technology Market Restraints
    11.3 Microgrid Technology Trends Analysis
    11.4 Porters Five Forces Analysis
        11.4.1 Threat of New Entrants
        11.4.2 Bargaining Power of Suppliers
        11.4.3 Bargaining Power of Buyers
        11.4.4 Threat of Substitutes
        11.4.5 Competitive Rivalry
    11.5 Influence of COVID-19 and Russia-Ukraine War
        11.5.1 Influence of COVID-19
        11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
    12.1 Microgrid Technology Industry Chain
    12.2 Microgrid Technology Upstream Analysis
    12.3 Microgrid Technology Midstream Analysis
    12.4 Microgrid Technology Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
    14.1 Methodology
    14.2 Research Process and Data Source
    14.3 Disclaimer

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Global Microgrid Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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