Description
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.
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.
In 2018, the global Microgrid market size was 11400 million US$ and it is expected to reach 34600 million US$ by the end of 2025, with a CAGR of 14.9% during 2019-2025.
This report focuses on the global Microgrid status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Microgrid development in United States, Europe and China.
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The key players covered in this study
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.
Market segment by Type, the product can be split into
Grid-Tied Type Microgrid
Independent Type Microgrid
Market segment by Application, split into
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Microgrid status, future forecast, growth opportunity, key market and key players.
To present the Microgrid development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Microgrid Market Size Growth Rate by Type (2014-2025)
1.4.2 Grid-Tied Type Microgrid
1.4.3 Independent Type Microgrid
1.5 Market by Application
1.5.1 Global Microgrid Market Share by Application (2014-2025)
1.5.2 Commercial/Industrial Microgrid
1.5.3 Community/Utility Microgrid
1.5.4 Campus/Institutional Microgrid
1.5.5 Military Microgrid
1.5.6 Remote Microgrid
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Microgrid Market Size
2.2 Microgrid Growth Trends by Regions
2.2.1 Microgrid Market Size by Regions (2014-2025)
2.2.2 Microgrid Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
…
12 International Players Profiles
12.1 ABB
12.1.1 ABB Company Details
12.1.2 Company Description and Business Overview
12.1.3 Microgrid Introduction
12.1.4 ABB Revenue in Microgrid Business (2014-2019)
12.1.5 ABB Recent Development
12.2 GE
12.2.1 GE Company Details
12.2.2 Company Description and Business Overview
12.2.3 Microgrid Introduction
12.2.4 GE Revenue in Microgrid Business (2014-2019)
12.2.5 GE Recent Development
12.3 Echelon
12.3.1 Echelon Company Details
12.3.2 Company Description and Business Overview
12.3.3 Microgrid Introduction
12.3.4 Echelon Revenue in Microgrid Business (2014-2019)
12.3.5 Echelon Recent Development
12.4 S&C Electric Co
12.4.1 S&C Electric Co Company Details
12.4.2 Company Description and Business Overview
12.4.3 Microgrid Introduction
12.4.4 S&C Electric Co Revenue in Microgrid Business (2014-2019)
12.4.5 S&C Electric Co Recent Development
12.5 Siemens
12.5.1 Siemens Company Details
12.5.2 Company Description and Business Overview
12.5.3 Microgrid Introduction
12.5.4 Siemens Revenue in Microgrid Business (2014-2019)
12.5.5 Siemens Recent Development
12.6 General Microgrids
12.6.1 General Microgrids Company Details
12.6.2 Company Description and Business Overview
12.6.3 Microgrid Introduction
12.6.4 General Microgrids Revenue in Microgrid Business (2014-2019)
12.6.5 General Microgrids Recent Development
12.7 Microgrid Solar
12.7.1 Microgrid Solar Company Details
12.7.2 Company Description and Business Overview
12.7.3 Microgrid Introduction
12.7.4 Microgrid Solar Revenue in Microgrid Business (2014-2019)
12.7.5 Microgrid Solar Recent Development
12.8 Raytheon
12.8.1 Raytheon Company Details
12.8.2 Company Description and Business Overview
12.8.3 Microgrid Introduction
12.8.4 Raytheon Revenue in Microgrid Business (2014-2019)
12.8.5 Raytheon Recent Development
12.9 Sunverge Energy
12.9.1 Sunverge Energy Company Details
12.9.2 Company Description and Business Overview
12.9.3 Microgrid Introduction
12.9.4 Sunverge Energy Revenue in Microgrid Business (2014-2019)
12.9.5 Sunverge Energy Recent Development
12.10 Toshiba
12.10.1 Toshiba Company Details
12.10.2 Company Description and Business Overview
12.10.3 Microgrid Introduction
12.10.4 Toshiba Revenue in Microgrid Business (2014-2019)
12.10.5 Toshiba Recent Development
12.11 NEC
12.12 Aquion Energy
12.13 EnStorage
12.14 SGCC
12.15 Moixa
12.16 EnSync
12.17 Ampard
12.18 Green Energy Corp
12.19 Growing Energy Labs Inc
12.20 HOMER Energy
12.21 Spirae, Inc.
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