Press release
Surging Electricity Consumption boosts the growth of Global Microgrid Market
Microgrid Market
Browse 64 market data Tables and 54 figures spread over 243 Pages, along with an in-depth analysis of the Global Microgrid Market by Type, Offering, Consumption Pattern, End-User, & by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis with inputs from industry professionals across the value chain.
Global Microgrid Market Scenario
A microgrid is a localized collection of consumer loads and energy generation facilities. Moreover, a microgrid can also be disconnected from the typical large area synchronous grid (macrogrid) and operate independently. By switching between the linked and island modes, a microgrid efficiently integrates distributed generation (DG) sources, particularly renewable energy sources (RES), and provides emergency power.
Furthermore, growing electricity consumption and stricter controls on greenhouse gas emissions have given clean and renewable energy sources a competitive advantage. Many nations are investing heavily in adopting renewable energy sources and researching to reduce the cost of producing power from renewable sources. Due to huge investments and advanced research and developments in the field, demand for microgrids is expected to surge during the forecast period.
Moreover, government officials have proposed several rules and guidelines to concentrate on producing non-fossil-based electrical systems, thereby lowering the carbon footprint. The compliance pathway under energy management within a larger policy structure includes energy saving goals, energy efficiency obligation programs, energy levies, etc.
The Global Microgrid Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Microgrid Market by Type, Offering, Consumption Pattern, End-User, & by Geography: https://inkwoodresearch.com/reports/global-microgrid-market/#request-free-sample
Market Segmentation
Market by Type
• Grid Connected
• Off-Grid
Market by Offering
• Hardware
o Power Generators
o Controllers
o Energy Storage
• Software
• Services
Market by Consumption Pattern
• Semi-Urban
• Urban/Metropolitan
• Rural/Island
Market by End-User
• Commercial & Industrial
• Healthcare
• Education
• Military
• Government & Utilities
• Other End-Users
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• SCHNEIDER ELECTRIC SE
• BLOOM ENERGY
• FAIRBANKS MORSE
• EXELON CORPORATION
• FUELCELL ENERGY INC
• DUKE ENERGY CORPORATION
• NATIONAL GRID PLC
• S&C ELECTRIC
• NRG ENERGY INC
• POWER ENGINEERS INCORPORATED
• EATON CORPORATION PLC
• CUMMINS INC
• SIEMENS AG
• GENERAL ELECTRIC COMPANY
• HITACHI LTD
Related Reports
GLOBAL MICROGRID AS A SERVICE (MAAS) MARKET - The global microgrid as a service (MaaS) market is estimated to surge with a 16.17% CAGR over the forecast period, 2018-2026.
GLOBAL BLOCKCHAIN IN ENERGY MARKET - The global blockchain in energy market is projected to grow with a 59.49% CAGR between the assessment period, 2019-2024.
GLOBAL ENERGY MANAGEMENT SYSTEM (EMS) MARKET - The global energy management system (EMS) market is anticipated to propel with a 16.28% CAGR during the forecasting years 2019-2027.
Contact Us:
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surging Electricity Consumption boosts the growth of Global Microgrid Market here
News-ID: 2717466 • Views: …
More Releases from Inkwood Research
United States Wood Coatings Market Analysis 2024-2032
Inkwood Research states that the United States Wood Coatings Market is expected to achieve a compound annual growth rate (CAGR) of 5.02% during the forecast period of 2024-2032, with projected revenues reaching $xx million by 2032.
This growth is driven by a combination of factors, including increasing construction activities, rising consumer preference for aesthetically appealing wood products, and advancements in coating technologies.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/united-states-wood-coatings-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
Prominent companies in the…
Rising Uptake of Industry 4.0 to Amp Motion Control Market Growth
As per a new market research report launched by Inkwood Research, the Global Motion Control Market is predicted to reach $26041.29 million by 2032, growing at a CAGR of 5.13% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/global-motion-control-market-forecast-2024-2032/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects…
Rise in Golf Tourism to Elevate Golf Cart Market Growth
As per a new market research report launched by Inkwood Research, the Global Golf Cart Market is expected to grow at a CAGR of 5.68% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/golf-cart-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by…
Government Rules to Promote the Growth of the Electric Vehicle Power Inverter Ma …
As per a new market research report launched by Inkwood Research, the Global Electric Vehicle Power Inverter Market is expected to reach $34868.78 million by 2032, growing with a CAGR of 14.36% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/electric-vehicle-power-inverter-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all…
More Releases for Microgrid
Microgrid Technology Market Report- Trends, Segmentation, Market Growth | Genera …
The Microgrid Technology Market research report offers data regarding new recent developments, import/export analysis, value chain optimization, and trade regulations. In addition, other data like Microgrid Technology Market size, strategic market share, localized market players, analyses of opportunities in the emerging revenue pockets, strategic Microgrid Technology Market growth, product launches, geographical expansions, and technological innovations are also encompassed in Microgrid Technology Market report.
Get FREE PDF Sample of the Report @…
Microgrid Quick Quote Tool
May 18, 2021 | Scale Microgrid Solutions: We are excited to announce that we have developed a Microgrid Quick Quote tool that is now available for facilities located within the PG&E and SCE utility service areas.
We’ve always aimed to simplify microgrid projects, like with our Rapid Response Modular Microgrid (R2M2), which expedites the project development timeline and reduces costs by leveraging a modular, productized solution. Now, you can take the…
Microgrid Market
Microgrids are a managed network of linked charges and dispersed power sources that interact with the main power grid in a synchronised and synchronous way. These grids can also operate through off-grid and remote areas in disconnected mode, and work autonomously based on economic and physical conditions.
Microgrid market is expected to grow at a CAGR of 10.8% in the forecast period of 2020 to 2027. Data Bridge Market Research report…
Microgrid Market Opportunities and Challenges
The report "Microgrid Market by Connectivity (Grid Connected and Off-Grid Connected), Offering (Hardware and Software & Services), End-Use (Commercial & Industrial, Remote, Instituites & Campuses), Grid Type, Pattern, Region - Global Forecast to 2025", is projected to reach USD 47.4 billion by 2025 from USD 28.6 billion in 2020, at a CAGR of 10.6% between 2020 and 2025. Rising demand for clean energy, increasing instances of cyberattacks on energy infrastructures,…
Global Microgrid Market
The Microgrid market was valued at USD 25.5 billion in the year 2019. It is projected to grow at a CAGR of 10.9% over the period 2020 -2026.
The current situation of the COVID-19 pandemic has impacted the global Microgrid market in a negative way such that it is expected to experience a notable decline. Because of the imposition of lockdown in different countries, the demand for power has been declined…
Microgrid Control System Market
Microgrid Control System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/107776
UpMarketResearch offers a latest published report on “Global Microgrid Control System Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a competitive…
