Microgrid Market 2022 Business Scenario - ABB, NEC, GE, Aquion Energy, Echelon, Raytheon, SandC Electric Co

The Microgrid Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The microgrid market is anticipated to reach USD 24.85 billion by 2027, registering a CAGR of more than 14.2% during 2022-2027.

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Top Leading Companies of Global Microgrid Market are ABB, NEC, GE, Aquion Energy, Echelon, Raytheon, SandC Electric Co, Eaton Corporation, Sunverge Energy, Siemens, Toshiba, General Microgrids, Lockheed Martin and others.

Recent Developments

In November 2021, the Los Angeles Transportation Department planned a new microgrid project for the electrification of EVs. The microgrid, with a solar plus storage power supply system, is expected to become the charging station for the fleet. The project, to be developed by Proterra Energy, received a grant of USD 6 million from the California Energy Commission. It is expected to produce around 7.5 MW of power output.

In June 2020, Sri Lanka Electricity Company Ltd (LECO) signed a contract with Dimo and DHYBRID GmbH to construct Sri Lanka's first-ever national grid-tied renewable energy-based microgrid at the University of Moratuwa. The project is funded by the Asian Development Bank (ADB) and will embark on a new paradigm in the field of distributed power generation in Sri Lanka.

Global Microgrid Market Split by Product Type and Applications:

This report segments the global Microgrid market based on Types are:

Grid-Tied

Independent

Based on Application, the Global Microgrid market is segmented into:

Commercial or Industrial Microgrid

Community or Utility Microgrid

Campus or Institutional Microgrid

Military Microgrid

Remote Microgrid

Global Microgrid Market: Regional Analysis

The report offers an in-depth assessment of the growth and other aspects of the Microgrid market in important regions, including the U.S., Canada, Germany, France, the U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.

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Important Sections from the Table of Contents:

o Global Microgrid Market Overview

o Economic Impact on Industry

o Market Competition by Manufacturers

o Production, Revenue (Value) by Region

o Supply (Production), Consumption, Export, Import by Regions

o Production, Revenue (Value), Price Trend by Type

o Market Analysis by Application

o Manufacturing Cost Analysis

o Industrial Chain, Sourcing Strategy and Downstream Buyers

o Marketing Strategy Analysis, Distributors/Traders

o Market Effect Factors Analysis

o Global Microgrid Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Microgrid Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Microgrid industry report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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