Microgrid Market 2019 Industry Trends, Sales, Supply, Demand, Analysis & Forecast to 2024

“\”Microgrid Market\””
Wiseguyreports.Com Adds “Microgrid -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database

Microgrid Industry


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 

S&C Electric Co 
General Microgrids 
Microgrid Solar 
Sunverge Energy 
Aquion Energy 
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 
Southeast Asia 
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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