Microgrid Market – Analysis, Research, Growth, Trends & Forecast 2022

Summary:

Orbis Research released a new research report of 221 pages on title ‘Microgrid Market, Status and Forecast, by Players, Types and Applications’ with detailed analysis, forecast and strategies.

Description :

The global Microgrid Market is forecast to increase from ** in 2016 to ** in 2017,rising to nearly ** by 2022 at a compound annual growth rate (CAGR) of ** over the five-year forecast period.

Ask for Brochure of Microgrid Market Report @ http://orbisresearch.com/contacts/request-sample/2116592

Distributed renewable energy microgrid technology holds significant potential as a key driver for increasing energy access for millions of people around the word without access to energy as well as for providing reliable and stable power to industry. Because the microgrid approach to electrical distribution allows local users more flexibility on control over the optimization of power sources and uses, it is growing in appeal.

Microgrids are an extension of on-site generators, or dedicated power supplies, sometimes called captive generation. Technically, a microgrid is a grouping of small, independent power-generating equipment connected to computer systems that monitor, control and balance energy demand and supply and storage in response to changing energy needs. They can also be cleaner if solar or wind is used as part of the energy mix. Now that solar panel prices have fallen, distributed solar can be cheaper than running diesel generators alone for backup power.

The microgrid market is therefore undergoing a transformation from a niche application intended for military bases, telecommunication base stations and remote communities to national grid extenders, a grid modernization tool for utilities, cities, communities and public institutions.

The largest microgrid segment throughout the forecast period will be the grid-connected microgrid market, valued at ** in 2016 and forecast to increase from ** in 2017 at a CAGR of ** to reach ** by 2022. Grid-connected systems will primarily be found in more developed countries, where the main aim of the user is not necessarily power provision, but power supply resiliency and reliability.

The global Microgrid Market report has been strategically curated to fulfil the needs of the customer through in-depth analysis of the Microgrid Market that can assist the customer in gaining actionable insights regarding the Microgrid Market.

Report Scope:

This market study assesses the leading microgrid technologies that are currently in use globally for powering commercial, industrial, military, and educational facilities such as universities, homes and communities, and rural/off-grid villages. The microgrid technologies discussed in this report are in use across these industries and many more as well as new emerging sectors driven by technological innovation.

The market analysis provided in this report is based on a variety of data sources. These include the most recent government, industry, academic and company data regarding the projected level of demand for microgrid technologies. The report provides a comprehensive review of available data to provide a realistic, robust and accurate assessment of this quickly changing market.

BCC analyzes each major microgrid technology, determines its current market status, examines its impact on future markets and presents forecasts of growth over the next five years. Technological issues, including the latest trends, are assessed and discussed, as are the current and likely regulatory environments in the industry.

BCC analyzes the industry worldwide in terms of manufacturing and deployment of technologies or products. For the most relevant and available microgrid technologies BCC examines the role of government both in regulating the industry and in supporting these microgrid technologies through promotional incentives. The report discusses recent trends and sales and provides industry overviews and market assessments for leading microgrid technology. Estimated values used are based on manufacturers’ total revenues.

Every region’s market analysis has been covered in the global Microgrid Market report including the region’s ranking in terms of revenue, volume, growth rate, leading applications and types of the product, and the major drivers and constraints for the specific regions.

Market segment by Regions/Countries, Microgrid Market report covers:

North American Microgrid Market
Asia-Pacific Microgrid Market
European Microgrid Market
Latin American Microgrid Market
African Microgrid Market
Middle East Microgrid Market

The report on the Microgrid Market consists of the detailed statistical analysis of the market performance, depicted in a series of graphs and tables for the easy consumption of the customer. Furthermore, the top research professionals and market experts together have crunched a lot of numbers, running various algorithms and have come up with the most accurate Microgrid Market forecast for the period of 2017 – 2022.

The global Microgrid Market report covers a detailed analysis of the performance of each type in the market globally as well as across all regions and presents the customers with an absolute overview of the Microgrid Market in terms of the types as to which is the best bet for the customer to invest upon.

Market segment by Type, Microgrid Market can be split into:

Microgrid Hardware Market
Microgrid Software Market
Microgrid Services Market

The various applications analysis along with the detailed analysis of the players in the market together aids the customer in making valuable decisions regarding the direction in which they wish to head towards.

Market segment by Application, Microgrid Market can be split into:

Healthcare/Government Microgrid Market
Institutional Microgrid Market
Commercial and Industrial Microgrid Market
Military Microgrid Market
Community/Utility Microgrid Market
Remote, Island and Village Microgrid Market
 

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Microgrid Market Report Includes:

- 29 data tables and 7 additional tables

- An overview of the global market for microgrid technologies

- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022

- Identification of segments with high growth potential and their future applications

- Explanation of major drivers and regional dynamics of the market and current trends within the industry

- Detailed profiles of major vendors in the market, including ABB Group, ALSTOM Power, Inc., Burns Engineering, Inc., Caterpillar Inc. and Toshiba Corp.

 
Microgrid Market report focuses on the top players in global market, like

ABB LTD.
ALSTOM POWER LTD.
AMPARD AG
ANBARIC TRANSMISSION LLC
AQUION ENERGY
AZURE POWER GLOBAL LTD.
BLACK & VEATCH
BOSCH BUILDING GRID TECHNOLOGIES (BGT)
BURNS ENGINEERING
BYD COMPANY LTD.
CANADIAN SOLAR SOLUTIONS INC.
Capstone Turbine Corp.
CARNEGIE CLEAN ENERGY LTD.
CATERPILLAR INC.
CENERGY POWER
CHINA SINGYES SOLAR TECHNOLOGIES HOLDINGS LTD.
CLEANSPARK INC.
CONSTELLATION ENERGY GROUP INC.
EATON CORP. PLC.
ELECTRO POWER SYSTEMS SA
ENCORP INC.
ENERDEL INC.
ENGIE SA
ENSYNC, INC.
EXELON CORP.
First Solar Inc.
FLUIDIC ENERGY
FOCUSED SUN
G&S SOLAR INSTALLERS LLC.
GENERAL ELECTRIC CO.
GENERAL MICROGRIDS INC.
GRAM POWER INDIA PVT. LTD.
GREEN ENERGY CORP.
HITACHI LTD.
HOMER ENERGY LLC.
Husk Power Systems Pvt. Ltd.
JOHNSON CONTROLS INC.
KOMAIHALTEC INC.
LANDIS & GYR AG
LOCKHEED MARTIN CORP.
MERA GAO POWER PVT. LTD.
MITSUBISHI ELECTRIC CORP.
MITSUI & CO. LTD.
MOIXA ENERGY HOLDINGS LTD.
NEC ENERGY SOLUTIONS INC.
NRG ENERGY INC.
NUSCALE POWER LLC
OMC POWER PTE. LTD.
PARETO ENERGY LTD.
PARKER HANNIFIN CORP.
POWER ANALYTICS CORP.
POWERHIVE INC.
Powerstream
PRINCETON POWER SYSTEMS
RAYTHEON
S&C ELECTRIC CO.
SCHNEIDER ELECTRIC SE
SELCO SOLAR PVT. LTD.
SIEMENS AG
SOLAR CITY CORP.
SPIRAE INC.
STEAMA CO. LTD.
SUN EDISON LLC
SUNGEVITY INC.
SUNGROW POWER SUPPLY CO. LTD.
Sunpower Corp.
SUNRUN INC,
SUNVERGE ENERGY INC.
TESLA INC.
TOSHIBA CORP.
TRINITY SOLAR INC.
VERENGO INC.
VICTRON ENERGY B.V.
VIRIDITY ENERGY INC.
VIVINT SOLAR INC.
WELSPUN ENERGY LTD.
ZF Energy Development LLC

All the top players in the Microgrid Market have been covered in the global Microgrid Market report. Each player profile consists of a detailed company analysis, new products and innovations they are working on, and the available product portfolio in the market. Each player’s market cap and perceived value along with future plans of expansion and growth and the latest acquisitions and mergers have been covered in the global Microgrid Market report.

Some of the Tables and Figures Covered in Report are:

List of Tables :-
Summary Table : Global Market for Microgrid Technologies, by Connection Type, Through 2022
Table 1 : Small to Pico Hydroelectric Power Plant Sizes
Table 2 : Mechanical and Electrical Energy Storage Systems
Table 3 : Global Market for Microgrid Technology, by Product Type, Through 2022
Table 4 : Global Market for Microgrid Hardware Technology, Through 2022
Table 5 : Global Market for Microgrid Software Technology, Through 2022
Table 6 : Global Market for Microgrid Services, Through 2022
Table 7 : Global Market for Microgrid Technology, by Connection Type, Through 2022
Table 8 : Global Market for Grid-connected Microgrids, Through 2022
Table 9 : Global Market for Remote Microgrids, Through 2022
Table 10 : Global Market for Hybrid Microgrids, Through 2022
Table 11 : Global Market for Microgrid Technology, by Power Source, Through 2022
Table 12 : Global Market for Microgrid Technology, by Diesel Power Source, Through 2022
Table 13 : Global Market for Microgrid Technology, by CHP Power Source, Through 2022
Table 14 : Global Market for Microgrid Technology, by Solar PV Power Source, Through 2022
Table 15 : Global Market for Microgrid Technology, by Wind Power Source, Through 2022
Table 16 : Global Market for Microgrid Technology, by Other Powered Source, Through 2022
Table 17 : Global Market for Microgrid Technology, by Application End User, Through 2022
Table 18 : Global Market for Healthcare and Government Microgrids, Through 2022
Table 19 : Global Market for Institutional Microgrids, Through 2022
Table 20 : Global Market for Commercial and Industrial Microgrids, Through 2022

………..

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List of Figures :-
Summary Figure B : Global Market Share for Microgrid Technologies, by Connection Type, 2017
Summary Figure A : Global Market for Microgrid Technologies, by Connection Type, 2016-2022
Figure 1 : Microgrid Architecture
Figure 2 : Grid-Tied Microgrid System
Figure 3 : Off-Grid Microgrid System
Figure 4 : Hybrid Microgrid System
Figure 5 : Standalone AC Microgrid System
Figure 6 : Standalone DC Microgrid System
Figure 7 : Industries Most Likely to Use Microgrids
Figure 8 : Common CHP Technologies
Figure 9 : Combined Heat and Power System
Figure 10 : Diesel Generator
Figure 11 : Hydrogen Fuel Cell
Figure 12 : Photovoltaic (PV) Cell
Figure 13 : Solar PV Array
Figure 14 : Wind Turbine Operation
Figure 15 : Wind Microgrid System
Figure 16 : Waste-to-Energy System
Figure 17 : Conventional Hydroelectric Power Plant
Figure 18 : Run-of-River Hydropower Plant
Figure 19 : Battery Power-Energy Spectrum
Figure 20 : Deep Cycle Battery Bank
Figure 21 : Lithuim-Ion Batterry
Figure 22 : Lead-Acid Battery
Figure 23 : Flow Battery System
Figure 24 : Fly Wheel Energy Storage
Figure 25 : Sine wave vs Pure/Square wave

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