Press release
Microgrid Market Market to Witness High Growth in near future: Leading Key Players ABB, GE, Echelon, S&C Electric Co, Siemens, General Microgrids, Microgrid Solar, Raytheon, Sunverge Energy, Toshiba, NEC, Aquion Energy, EnStorage, SGCC, Moixa, EnSync, Amp

Microgrid Market Industry, Global Microgrid Market Market, Microgrid Market Market Size, Microgrid Market Industry Growth
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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.
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.
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.
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Scope of the Report:
This report focuses on the Microgrid Market Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.
Microgrid Market Market Segment by Top Manufacturers Including:
• 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 Market 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
There are 15 Chapters to deeply display the global Microgrid Market market.
Chapter 1, to describe Microgrid Market Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Microgrid Market, with sales, revenue, and price of Microgrid Market, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Microgrid Market, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Microgrid Market market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Microgrid Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/global-microgrid-market-by-manufacturers-countries-type-and-application-forecast-to-2023/?utm_source=OPR-ADS
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