Press release
Global Microgrid Market Will Grow At A CAGR Of 13.67% During The Period 2016-2020
About MicrogridA microgrid is a smaller version of a conventional centralized electrical grid. It is capable of producing power, distributing it, and controlling the flow of energy supplied to consumers within a specified geography.
To Get Sample Copy : http://www.researchmoz.us/enquiry.php?type=S&repid=794148
It can function autonomously or operate parallel with a conventional grid. However, compared with a conventional grid, the power generated by a microgrid is supplied to establishments or houses that are situated in close proximity to the plant. This reduces transmission and distribution losses, which are generally associated with centralized power generation.
Technavios analysts forecast the global microgrid market to grow at a CAGR of 13.67% during the period 2016-2020.
Covered
The report covers the present scenario and the growth prospects of the global microgrid market for 2016-2020. To calculate the market size, the report considers the revenue generated from the demand generated by different end-users in any region in the microgrid market.
Segments based on geography:
Americas
APAC
EMEA
Global Microgrid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
GE-Alstom Energy
Lockheed Martin
Schneider Electric
Siemens
Other prominent vendors
Chevron Energy
Cummins
Echelon
Encorp
General Microgrids
Honeywell
Mera Gao Power
Microgrid Solar
Pareto Energy
Power Analytics
S&C Electric Company
SMA
Spirae
Toshiba
Key Driver
Need for better power system compared with traditional grids
For a full, detailed list, view our report
Key Challenge
High implementation costs
For a full, detailed list, view our report
Key Trend
Rise in demand for microgrids in military applications
For a full, detailed list, view our report
Make an Enquiry : http://www.researchmoz.us/enquiry.php?type=E&repid=794148
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
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 Global Microgrid Market Will Grow At A CAGR Of 13.67% During The Period 2016-2020 here
News-ID: 369360 • Views: …
More Releases from Research Life
Market Outlook : Smart Camera Market Globally Grow at a CAGR of 49% by Revenue D …
About Smart Camera
A smart camera is a type of digital camera that has advanced connectivity features. Smart cameras can transfer photos wirelessly using Wi-Fi, NFC, and Bluetooth. They have the capability of interacting with smartphone and PC applications. These cameras can directly share and upload pictures and videos on various social media platforms and photo-sharing portals. A smart camera is a hybrid of a smartphone and digital camera combined with…
Smart Security Market Globally Grow at a CAGR of 18.59% by Revenue During the Fo …
About Smart Security
Smart security solutions are used to monitor the activities and behavior of people in areas that are more prone to unauthorized access or damage, such as enterprises, educational institutions, commercial buildings, and utility infrastructure. Smart security includes advanced security systems such as IP surveillance cameras, biometric access control systems, integrated perimeter intrusion prevention systems, and wireless alarms. Thus, these solutions can secure an area from miscreants, terrorist activities,…
Market Outlook : Fuel Cell Market Globally Grow at a CAGR of 22.76% by Revenue D …
About Fuel Cell
Fuel cells produce electricity by utilizing the power generated from electrochemical reactions. They use external sources of chemical energy such as hydrogen and oxygen to produce energy. Electrochemical reactions in the fuel cells oxidize hydrogen, which reacts with oxygen to form water and release electrons. The electrons then flow through the external circuit producing an electric current. All fuel cells are based on a standard design, wherein two…
Emergency Lights Market Globally Grow at a CAGR of 7.79% by Revenue During the F …
About Emergency Lights
Emergency lights are used to safely evacuate people from hazardous situations and provide sufficient light to continue tasks in case of power failure. Emergency lights are classified into two categories: escape lighting and standby lighting. Emergency lights are essential in public places so that people can be evacuated safely at times of emergency without panic. So, clear and visible sign boards in prescribed size and color are positioned…
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…
