Microgrid Market: Potential Effect on Upcoming Future Growth, Competitive Analysis and Forecast 2024: ABB, GE, Echelon, S&C Electric Co, Siemens, General Microgrids, Microgrid Solar, Raytheon, Sunverge Energy, Toshiba

Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperate through controls and software-based intelligence systems.

The scope of the Report:
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 consumer market for 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 an Installed Capacity market share nearly 78.30% in 2016.

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The global Microgrid market is valued at 11400 million USD in 2018 and is expected to reach 26300 million USD by the end of 2024, growing at a CAGR of 15.0% between 2019 and 2024. The Asia-Pacific will occupy for more market share in the 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 plays important roles in global market, with a market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

Market Segment by Manufacturers, this report covers:
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.

Market Segment by Regions, regional analysis covers:
North America
Europe
Asia-Pacific
South America
Middle East and Africa

Market segment by Type, the product can be split into:
Grid-Tied Type Microgrid
Independent Type Microgrid

Market segment by Application, split into:
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid

The report also covers in depth description, competitive scenario, wide product portfolio of prime players active in this market and business strategies adopted by competitors along with their SWOT analysis. The report also provides Porter analysis, PESTEL analysis and market attractiveness which helps to better understand the market scenario on macro and micro level. Side by side, it also explicitly provides information about mergers, acquisitions, joint ventures, and all the other important activities occurred in the market during the current and past few years.

Table of Contents:
1. Microgrid Market Overview
2. Manufacturers Profiles
3. Global Microgrid Market Competition, by Players
4. Global Microgrid Market Size by Regions
5. North America Microgrid Revenue by Countries
6. Europe Microgrid Revenue by Countries
7. Asia-Pacific Microgrid Revenue by Countries
8. South America Microgrid Revenue by Countries
9. Middle East and Africa Revenue Microgrid by Countries
10. Global Microgrid Market Segment by Type
11. Global Microgrid Market Segment by Application
12. Global Microgrid Market Size Forecast (2019-2024)
13. Research Findings and Conclusion
14. Appendix

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