Microgrid as a service Market 2018 Key Country Analysis: ABB, General Electric, Siemens AG,Eaton, Schneider Electric SE, Duke Energy, Northern, Exelon Corp, NRG Energy, Spirae

Microgrid as a service Market Research Report 2018 - Global analysis by Key Companies, Application, Market Share, Growth Rate, and Key Country forecast to 2022. Microgrid as a service depth Market analysis is done for North America, Europe, APAC and Rest of the World. Microgrid as a service Market growing at rapid pace over the forecast period of 2018 to 2022.

Key Players:

The prominent players in the market of Microgrid as a service are- ABB Ltd. (Switzerland), General Electric (U.S.), Siemens AG (Germany), Eaton Corp. PLC (Ireland), Schneider Electric SE (France), Duke Energy Corporation (U.S.), Northern Power Systems Corp. (U.S.) Exelon Corp. (U.S.), NRG Energy, Inc. (U.S.), Spirae, Inc. (U.S.) among others.

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Market Highlights:

The Microgrids as a Service Market is registering healthy growth due to various benefits offered by Microgrids such highly reliability, economical & efficient energy power , enhancement of renewable energy sources and smart grid integration among others. The autonomous working nature of Microgrid provides great benefits to communities that have no access to electricity.
Microgrid as a solution combines solar panels, batteries and controllable load in order to meet the requirements of industrial, residential or consumer loads anywhere in the world. The Solution also provides dynamic monitoring, scalability, and control to improve energy output. Microgrid as a solution offers electricity at affordable rate and helps in reducing the economic losses from electricity outages in emergency situation.

Some of major key players in Microgrid as a Service Market such as ABB Ltd. (Switzerland), General Electric (U.S.), Siemens AG (Germany), Eaton Corp. PLC (Ireland), Schneider Electric SE (France) among others are investing in renewable energy solution such as Microgrid thus supporting the market of Microgrid as a Service.

In November, 2016, American Electric Power (AEP) announced to invest around 52$ million to build utility Microgrids as part of a smart city design for Columbus, Ohio.

Global Microgrid as a Service Market has been valued at US $772 million in the year 2015 which is expect to grow at US $~2.2 billion by the end of forecasted period with CAGR of approx. ~16%.

Microgrid as a Service Market:

The Microgrid as a Service Market is having significant growth in many area where continuous power is must such as industries, remote areas, hospitals and universities among others. Many government and private agencies are investing in Microgrid as a service solution to provide quality energy and to utilize the renewable energy resources.

The Major Key players of Microgrid as a Service Market are: ABB Ltd. (Switzerland), General Electric (U.S.), Siemens AG (Germany), Eaton Corp. PLC (Ireland), Schneider Electric SE (France), Duke Energy Corporation (U.S.), Northern Power Systems Corp. (U.S.) Exelon Corp. (U.S.), NRG Energy, Inc. (U.S.), Spirae, Inc. (U.S.) and among others.

Market Research Analysis:

Market Research Future Analysis shows that Microgrid as a Service Market is growing rapidly and during the forecast period, it is expected to grow at CAGR of ~16%.

Segments:

Global Microgrid as a service Market has been segmented on the Basis of Grid type, Service type, and industry. Grid Type has been identified as Grid connected and remote/Islanded. Services Type are Software as a Service, Monitoring & Control Service, and Operation & Maintenance Service while Industry includes Manufacturing, Residential & Commercial, Military, and Utility.

Regional Analysis:

Asia-Pacific is dominating the market of Microgrid as a service Market due to the increasing rural electrification programs by developing countries such as china, japan and India. The rising demand of renewal energy for electricity generation in is also supporting the Microgrid as a service market in this region. North America is showing major growth in Microgrid as a service Market are increased production rates, high quality power, and safe industrial operations. The United States Department of Energy is also encouraging the development and deployment of Microgrids. Europe is expected to register healthy growth in the Microgrid as a service Market due to the increasing requirement of improved electricity infrastructure and government initiates for renewal energy.

Intended Audience:

Microgrid system and service providers
Smart grid software developers
Solar photovoltaic companies
Government organizations
Education and research organizations
Utility Service provides

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TABLE OF CONTENTS

1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure:
1.3.1 Global Microgrid As A Service Market: By Grid Type
1.3.2 Global Microgrid As A Service Market: By Service Type
1.3.2 Global Microgrid As A Service Market: By Industry

2 Research Methodologies

2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
2.4.3 Market Crackdown & Data Triangulation

3 Global Microgrid As A Service Market: Overview

3.1 Introduction
3.1.1 Definition
3.1.2 Market Segmentation Of Microgrid As A Service Market
Continued…

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