Press release
Microgrid Market: Analysis, Business Structure, Regions, Top Players ABB, GE, EchelonS&C Electric Co, Siemens, General Microgrids, Microgrid Solar, Raytheon, Sunverge Energy, Toshiba, NEC, Aquion Energy, EnStorage, SGCC, Moixa
Microgrid Market 2018 report focuses on the major drivers and restraints for the Global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 153 pages with tables and figures in it.Microgrid market 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.
Scope of the Report:
This report studies the Microgrid market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Microgrid market by product type and applications/end industries.
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.
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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.
The global Microgrid market is valued at 11400 million USD in 2017 and is expected to reach 26300 million USD by the end of 2023, growing at a CAGR of 15.0% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Microgrid.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
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Market Segment by Manufacturers, this report covers – ABB, GE, EchelonS&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 and Spirae, Inc.
Microgrid market stands to gain remarkable proceeds over 2018-2023, as per a recently compiled report Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers –
Grid-Tied Type Microgrid
Independent Type Microgrid
Market Segment by Applications, can be divided into –
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid
For More: https://www.bigmarketresearch.com/global-microgrid-by-manufacturers-countries-type-and-application-forecast-to-2023-market
Market Segment by Table of Contents:
1 Microgrid Market Overview
1.1 Product Overview and Scope of Microgrid
1.2 Classification of Microgrid by Types
1.2.1 Global Microgrid Revenue Comparison by Types (2017-2023)
1.2.2 Global Microgrid Revenue Market Share by Types in 2017
1.2.3 Grid-Tied Type Microgrid
1.2.4 Independent Type Microgrid
1.3 Global Microgrid Market by Application
1.3.1 Global Microgrid Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 Commercial/Industrial Microgrid
1.3.3 Community/Utility Microgrid
1.3.4 Campus/Institutional Microgrid
1.3.5 Military Microgrid
1.3.6 Remote Microgrid
1.4 Global Microgrid Market by Regions
1.4.1 Global Microgrid Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Microgrid Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Microgrid Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Microgrid Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Microgrid Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Microgrid Status and Prospect (2013-2023)
1.5 Global Market Size of Microgrid (2013-2023)
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