Press release
Microgrid Market Share to Surge with USD 60 billion by 2028 - The Insight Partners
The Insight Partners
APAC dominated the microgrid market with ~36% share in 2021. A few of the aspects fueling the growth of the microgrid market in APAC countries are mentioned below.
Get Sample PDF Brochure at https://www.theinsightpartners.com/sample/TIPTE100000927?utm_source=OpenPR&utm_medium=10051
Microgrid market is expected to grow from US$ 25 billion in 2021 to US$ 60 billion by 2028; it is estimated to grow at a CAGR of 17.0% during 2022-2028.
- Large portion of populations in these countries lack access to electricity.
- Many innovators in the microgrid market are based in Asian countries, including Australia, China, and Japan, which are building capabilities to promote the use of microgrids in the industrial sector.
- APAC countries depend on energy-as-a-service business models.
- Key enablers driving the penetration of microgrids include development modular microgrids and connected microgrids since IoT is prevailing in Asian economies.
The microgrid market is segmented on the basis of type, component, and end-use industry. Based on type, the market is segmented into grid connected and off-grid. The market, by component, is segmented into hardware, software, and services. Further, on the basis of end-use industry, the microgrid market is segmented into military, healthcare, government and utilities, institutes, industrial, and others.
REGIONAL FRAMEWORK
The report provides an overview and forecast of the global microgrid market based on various segments, emphasizing both qualitative and quantitative information. It also provides market size and forecast for the period of 2020-2028 with respect to five major regions-North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America. The microgrid market in each region is subsegmented into respective countries and other segments. The report covers an analysis and forecast of 18 countries, along with current trends and opportunities prevailing in the abovementioned regions.
Buy Complete Report at https://www.theinsightpartners.com/buy/TIPTE100000927?utm_source=OpenPR&utm_medium=10051
Also Read:
Wind LiDAR Market
https://www.marketwatch.com/press-release/wind-lidar-market-analysis-by-major-driving-factors-and-new-opportunities-by-2028-2022-09-27
Emission Monitoring Systems Market
https://www.marketwatch.com/press-release/emission-monitoring-systems-market-growth-by-advancing-technology-and-new-opportunities-by-2028-2022-09-27
Fingerprint Sensor Market
https://www.marketwatch.com/press-release/fingerprint-sensor-market-analysis-by-key-industry-dynamics-and-impact-analysis-of-drivers-restraints-expected-influence-of-covid-19-pandemic-2022-09-27
Magnetometer Market
https://www.marketwatch.com/press-release/magnetometer-market-impact-analysis-by-drivers-restraints-expected-influence-of-covid-19-pandemic-2022-09-27
Tuberculosis Infection Testing Market
https://www.marketwatch.com/press-release/tuberculosis-infection-testing-market-analysis-by-type-tuberculin-skin-test-tst-and-interferon-gamma-released-assay-igra-till-2028-2022-09-27
Air Traffic Management Market
https://www.marketwatch.com/press-release/air-traffic-management-market-analysis-by-growing-trend-of-modernization-and-growing-investments-by-2028-2022-09-27
Wireless Network Test Equipment Market
https://www.marketwatch.com/press-release/wireless-network-test-equipment-market-rising-technological-advancements-and-adoption-of-smart-devices-by-2028-2022-09-27
Internal Communication Software Market
https://www.marketwatch.com/press-release/internal-communication-software-market-pest-analysis-by-2028-covid-19-impact-and-global-forecasts-2022-09-27
Employee Onboarding Software Market
https://www.marketwatch.com/press-release/employee-onboarding-software-market-analysis-by-financial-overview-products-and-services-and-key-facts-by-2028-2022-09-27
Self-Storage Market
https://www.marketwatch.com/press-release/self-storage-market-scenario-by-key-developments-business-overview-and-financial-overview-by-2028-2022-09-27
Email: sales@theinsightpartners.com
Phone : +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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 Microgrid Market Share to Surge with USD 60 billion by 2028 - The Insight Partners here
News-ID: 2752328 • Views: …
More Releases from The Insight Partners
A Complete Study Guide to Luxury Wines
The Luxury Wines Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Download PDF:- https://www.theinsightpartners.com/sample/TIPRE00020680?utm_source=Openpr&utm_medium=10503
Top Key Major Players:-
Bacardi and Company Limited
Bayadera Group
Brown Forman
Davide Campari-Milano N.V.
Diageo
Edrington
LVMH
Pernod Ricard
SUNTORY HOLDINGS LIMITED.
About Us:
The Insight Partners…
A Complete Study Guide to Antimicrobial Coating
The antimicrobial coating market size is projected to reach US$ 15.98 billion by 2031 from US$ 7.64 billion in 2024. The market is expected to register a CAGR of 11.1% during 2025-2031. The development of sustainable and eco-friendly antimicrobial coating is likely to bring new trends in the market during the forecast period.
Download PDF:- https://www.theinsightpartners.com/sample/TIPRE00009037?utm_source=Openpr&utm_medium=10503
Top Key Major Players:-
Cupron Inc
ALISTAGEN Corp
Fiberlock Technologies
The Sherwin-Williams Co
PPG Industries Inc
Akzo Nobel NV
CytaCoat AB
Nano-Care Deutschland AG
Specialty…
A Complete Study Guide to Flexible Packaging
flexible packaging market is projected to reach US$ 237,975.67 million by 2028 from US$ 176,173.61 million in 2021; it is expected to grow at a CAGR of 4.4% from 2021 to 2028. Flexible packaging includes liners, pouches, seals, sample packets, and bags. It can be composed of film, plastic, paper, foil, etc. It is used for various food and beverage items, consumer products, music CDs, pharmaceuticals, computer software packages, and…
A Complete Study Guide to Anti-Money Laundering
The Anti-Money Laundering Market size is projected to reach US$ 13.54 billion by 2031 from US$ 4.21 billion in 2024. The market is expected to register a CAGR of 18.3% during 2025-2031. The increasing regulatory pressure, rising financial crimes, and the global expansion of digital banking and fintech services are key factors driving anti-money laundering market growth. Governments and regulatory bodies are enforcing stricter compliance measures to combat money laundering,…
More Releases for APAC
Bronchopulmonary Dysplasia APAC Market Poised for Phenomenal Expansion Across AP …
DelveInsight's "Bronchopulmonary Dysplasia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Bronchopulmonary Dysplasia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Bronchopulmonary Dysplasia market report provides current treatment pattern analysis, potential upcoming players, market share…
Allergic Rhinitis APAC Market Poised for Phenomenal Expansion Across APAC Region …
"DelveInsight's "Allergic Rhinitis- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Allergic Rhinitis, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Allergic Rhinitis market report provides current treatment pattern analysis, potential upcoming players, market share…
Epilepsy APAC Market Poised for Phenomenal Expansion Across APAC Region in the C …
DelveInsight's "Epilepsy- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Epilepsy, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Epilepsy market report provides current treatment pattern analysis, potential upcoming players, market share of approved and…
Insomnia APAC Market Poised for Phenomenal Expansion Across APAC Region in the C …
DelveInsight's "Insomnia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Insomnia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Insomnia market report provides current treatment pattern analysis, potential upcoming players, market share of approved and…
Vascular Dementia APAC Market Poised for Phenomenal Expansion Across APAC Region …
DelveInsight's "Vascular Dementia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Vascular Dementia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Vascular Dementia market report provides current treatment pattern analysis, potential upcoming players, market share…
Frontotemporal Dementia APAC Market Poised for Phenomenal Expansion Across APAC …
"DelveInsight's "Frontotemporal Dementia- Patient Pool Analysis, Market Size and Market Forecast APAC, 2034" report comprises of detailed understanding of the Frontotemporal Dementia, historical and forecasted patient burden, treatment addressable patient population, as well as key differences in market trends in the APAC region (India, China, South Korea, Taiwan, and Australia) when compared with established markets.
The APAC Frontotemporal Dementia market report provides current treatment pattern analysis, potential upcoming players, market share…
