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Global Microgrid Market Business Opportunities, Current Trends & Industry Analysis by Key Players like GE, Siemens, Honeywell, Eaton, Chevron, Cummins Inc., Green Energy Corp, Power Analytics Corporation, S&C Electric Company

03-01-2019 12:25 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Global Microgrid Market 2025

Global Microgrid Market 2025

Global Microgrid market report has been prepared based on detailed market analysis with inputs from industry experts. The Microgrid market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. The global Microgrid market report also contains the drivers and restrains for the market that are derived from SOWT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.

Global Microgrid market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Download FREE PDF Sample Copy of Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-microgrid-market
Major Competitors/ Company Profiles

Some of the Key players in the Global Microgrid Market are

General Electric Company, Siemens AG, Honeywell International Inc., Eaton Corporation Plc. , Chevron Corporation, Cummins Inc., Green Energy Corp., Power Analytics Corporation, S&C Electric Company, Advanced Microgrid Solutions, Caterpillar Inc., Exelon Corporation, Tesla Inc., Toshiba Corporation, are among others whose company profiles are included in the Global Microgrid Market Report.

The increased demand of automated grid systems, reduction in carbon footprint, advancement in microgrid connectivity by integration of IOT, and benefits of low cost and clean energy storage is the prominent factors driving the growth of this market.

Target Audience:

• Microgrid Providers
• Cloud Service Providers
• IT Service Providers
• Software Solution Providers
• Government Bodies
• Enterprise Data Center Professionals
Are among the others mentioned in the Global Microgrid Market report.

Market Segmentation: Global Microgrid Market

• The global microgrid market is segmented based on grid type into three notable segments; AC microgrid, DC microgrid, and hybrid. In 2018, DC microgrid segment is valued to rule with the highest CAGR.

• The global microgrid market is segmented based on connectivity into two notable segments grid connected and remote/island. In 2018, grid connected segment is valued to rule with the highest CAGR.

• The global microgrid market is segmented based on offering into hardware, software, and services. The hardware segment is further sub-segmented into switchgears, power inverters, smart meters, reciprocating engines, and energy storage systems and power generators. The energy storage systems and power generators segment is further sub-segmented into power generators and energy storage systems. The power generator includes fuel cells and diesel gensets, chp and micro-chp, micro turbines, and renewables (PV cells, wind based, and others). The energy storage systems include lithium-ion batteries, lead-acid batteries, flywheels, flow batteries, and others. The services segment is further sub-segmented into engineering and design, monitoring and control, and operations & maintenance. In 2018, software segment is valued to rule with highest CAGR.

• The global microgrid market is segmented based on vertical into five notable segments healthcare, educational institutions, industrial, military, and electric utility. The industrial segment is further sub segmented as steel, mining, and others. The utility segment is further sub-segmented into urban electrification and rural electrification. In 2018, healthcare segment is valued to rule with the highest CAGR.

• The global microgrid market is segmented based on power into natural gas, combined heat and power, diesel, solar, fuel cells, others. In 2018, solar segment is valued to rule with highest the CAGR.

• Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Key Drivers: Global Microgrid Market

The increased demand of automated grid systems, reduction in carbon footprint, advancement in microgrid connectivity by integration of IOT, and
benefits of low cost and clean energy storage is the prominent factors driving the growth of this market.

Key Points: Global Microgrid Market

In 2017, the global microgrid market is dominated by ABB with market share of 21.4%, followed by General Electric Company 14.8%, Siemens AG 10.1%, Honeywell International Inc. 8.2%, Eaton Corporation PLC 6.1% and others 39.4%.

• The DC microgrid segment is dominating the global microgrid market.

• Hybrid segment is expected to grow with the highest CAGR of 25.0% in the forecast period 2018 to 2025.

To Inquire before Buy Report @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-microgrid-market

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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