Global Microgrid Technology Market 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 2018-2025

Press Release – 30 Nov 2018
Research and Development News --
. .
Latest Update "Global Microgrid Technology Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future.
' '
This report presents the worldwide Microgrid Technology market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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.
. .
– Get Sample Report_ https://www.researchmoz.us/enquiry.php?type=S&repid=1928347
' '
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.

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.
. .
– For Other Requirement and Enquiry_ https://www.researchmoz.us/enquiry.php?type=E&repid=1928347
' '
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
- EnStorage
- SGCC
- Moixa
- EnSync
- Ampard
- Green Energy Corp
- Growing Energy Labs Inc
- HOMER Energy
- Spirae, Inc.

Microgrid Technology Breakdown Data by Type
- Grid-Tied Type Microgrid
- Independent Type Microgrid

Microgrid Technology Breakdown Data by Application
- Commercial/Industrial Microgrid
- Community/Utility Microgrid
- Campus/Institutional Microgrid
- Military Microgrid
- Remote Microgrid

Microgrid Technology Production by Region
- United States
- Europe
- China
- Japan
- Other Regions

Microgrid Technology Consumption by Region
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Malaysia
- Philippines
- Thailand
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Rest of South America
- Middle East & Africa
- GCC Countries
- Turkey
- Egypt
- South Africa
- Rest of Middle East & Africa

The study objectives are:
- To analyze and research the global Microgrid Technology status and future forecastinvolving, production, revenue, consumption, historical and forecast.
- To present the key Microgrid Technology manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Microgrid Technology :
- History Year: 2013 - 2017
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Microgrid Technology market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Continue.....
– More Clear Details get Full Table of Contents_ https://www.researchmoz.us/global-microgrid-technology-market-insights-forecast-to-2025-report.html/toc

About Researchmoz,

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Researchmoz Global Pvt. Ltd.
90 State Street,
Albany, NY 12207,
United States,
sales@researchmoz.us
Tel: 866-997-4948 (Us-Canada Toll Free),
Tel: +1-518-621-2074

This release was published on openPR.