Microgrid Market 2018: Research On Dominated Players Like ABB, GE, Eaton, Siemens, Schneider Electric, Caterpillar Inc., S&C Electric Company, HOMER Energy, Power Analytics Corporation, Advanced Microgrid Solutions And Others-Forecast 2024

“Global Microgrid Market-Industry Trends and Forecast to 2024”Report presents an in-depth assessment of the including allowing Microgrid Market With emerging technologies, key trends and demand, major drivers and restrains, key challenges and opportunities, Growth and standardization, competitive landscape, deployment models, operator case studies, Product Type, Applications and Classifications, End Users, Microgrid industry prospective roadmap, value supply chain structure, eco-system top player and vendors detailed profiles and strategies. The report also introduces the forecast for Microgrid investments and from 2018 to 2024.

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Global Microgrid Market accounted for USD 18.2 billion in 2016 growing at a CAGR of 14.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Microgrid Market By Geography, Offering (Hardware, Software, Services), Connectivity (Grid Connected, Remote/Island), Grid Type (AC, DC, Hybrid), Vertical (Healthcare, Institutions, Industrial, Military, Electric Utility) – Industry Trends and Forecasts 2024

Company Share Analysis: Global Microgrid Market

The report for global microgrid market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

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Major Market Competitors: Global Microgrid Market

• ABB Ltd.,
• General Electric Company,
• Eaton,
• Siemens AG,
• Schneider Electric,
• Caterpillar Inc.,
• S&C Electric Company,
• HOMER Energy LLC,
• Power Analytics Corporation,
• Advanced Microgrid Solution,
• Pareto Energy Inc.,
• Green Energy Corporation,
• NREL,
• Sustainable Power System,
• among others.

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Major Market Drivers & Restraints:

• Increased demand for automated grid systems

• Growing government initiatives

• Increasing concerns about carbon footprint

• High installation cost

• Land acquisition and registration complications

Market Segmentation: Global Microgrid Market

• The global microgrid market is segmented on the basis of offering into hardware, software, and services. The hardware segment is further sub-segmented into switchgears, power inverters, smart meters, reciprocating engines, energy storage systems and power generators. The services segment is further sub-segmented into engineering and design, monitoring and control, and operations and maintenance.

• On the basis of connectivity, the global microgrid market is segmented into grid connected, and remote/island.

• On the basis of grid type, the global microgrid market is segmented into AC, DC, and hybrid.

• On the basis of vertical, the global microgrid market is segmented into healthcare, institutions, industrial, military, electric utility, and others.

• On the basis of geography, the global microgrid market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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