Microgrid Technology Market 2018 Evolution: Evolving Technology, Trends and Industry Analysis 2025

Qyresearchreports include new market research report “Global Microgrid Technology Market Insights, Forecast to 2025” to its huge collection of research reports.

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.

Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.
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.

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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.

The Microgrid Technology market was valued at 11400 Million US$ in 2017 and is projected to reach 32200 Million US$ by 2025, at a CAGR of 13.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Microgrid Technology.

The following manufacturers are covered in this report:
ABB
GE
Echelon
S&C Electric Co
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy

The evaluation of the various elements of the global Microgrid Technology market dynamics is highly sought after by stakeholders of all types and entrepreneurs planning to make a foray into the market. The study on the global Microgrid Technology market is prepared with the help of several rounds of primary research and a vast spectrum of secondary research. The application of industry-wide statistical methods to the large amount of data generated further adds credibility to the analyses. The study on the global and regional Microgrid Technology market dynamics is a crucial guide to all those stakeholders, especially regulatory agencies and policy makers. The insights offered in the report helps them get clear and uncluttered views and opinions on lackluster trends and prominent growth prospects, which is crucial for strategy formulation. New entrants seeking to identify areas attractive for securing venture capital funds in the global Microgrid Technology market will find the research helpful.

Table of Contents

1 Study Coverage
1.1 Microgrid Technology Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Microgrid Technology Market Size Growth Rate by Type
1.4.2 Grid-Tied Type Microgrid
1.4.3 Independent Type Microgrid
1.5 Market by Application
1.5.1 Global Microgrid Technology Market Size Growth Rate by Application
1.5.2 Commercial/Industrial Microgrid

2 Executive Summary
2.1 Global Microgrid Technology Market Size
2.1.1 Global Microgrid Technology Revenue 2013-2025
2.1.2 Global Microgrid Technology Production 2013-2025
2.2 Microgrid Technology Growth Rate (CAGR) 2018-2025
2.3 Analysis of Competitive Landscape

3 Market Size by Manufacturers
3.1 Microgrid Technology Production by Manufacturers
3.1.1 Microgrid Technology Production by Manufacturers
3.1.2 Microgrid Technology Production Market Share by Manufacturers
3.2 Microgrid Technology Revenue by Manufacturers
3.2.1 Microgrid Technology Revenue by Manufacturers (2013-2018)
3.2.2 Microgrid Technology Revenue Share by Manufacturers (2013-2018)
…

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