openPR Logo
Press release

Microgrid as a Service (MaaS) Market: Professional and Technical Industry Insights 2025

08-16-2017 01:02 PM CET | Health & Medicine

Press release from: TMR Research

Microgrid as a Service (MaaS) Market: Professional and Technical Industry Insights 2025

Global Microgrid as a Service (MaaS) Market: Snapshot

A microgrid is a power grid of a smaller level, that can operate on its own and independent of a location’s primary electrical grid. Additionally, a microgrid can be used in conjunction with the primary grid, a factor that opens up a number of possibilities and opportunities. Small-scale and localized stations can be run with their own source of energy and contain generation and distribution equipment, as long as the station adheres to the policies as specified by the region’s government. The core function of a microgrid is to be a fallback for structures or industries in the event of failure of the primary grid, or when the primary grind cannot supply sufficient power during peak hours.

Additionally, microgrids can be used to lower an establishment’s total consumption of power from the primary electrical grid. This can be supplemented by the fact that microgrids can operate using different sources of energy, including renewable ones. The large scale use of microgrids, under management and control by providers of microgrid as a service players, can allow establishments in a sizeable area to both reduce their consumption rates of conventional power sources and ramp up the use of renewable energy. At the same time, most microgrids are designed to be modular in nature, allowing them to make the primary grid less likely to completely fail in the event of a major incident. Under MaaS plans, these modular microgrids can also be upgraded over time to incorporate more efficient and renewable power sources.

Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=1130

Global Microgrid as a Service (MaaS) Market: Overview

The world microgrid as a service (MaaS) market is foreseen to build its growth on the back of software as a service (SaaS) sector which helps in the creation of more cost-efficient, reliable, and safer microgrid systems. The SaaS market could be followed by operation and maintenance service. However, SaaS is prophesied to mark a ruling share in the global MaaS market with vital benefits such as decrease in the risk of failures and delays of projects and a single point of accountability offered to microgrid owners.

Key segmentation areas such as vertical, service type, and grid type are carefully analyzed in the report while taking a radical approach. This will help the interested parties to invest in the right industry spheres and secure a long-lasting growth.

The tailor-made publication prepared on the world MaaS market has followed all the steps recommended for primary and secondary research to make available accurate and reliable information to the buyers.

Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=1130

Global Microgrid as a Service (MaaS) Market: Trends and Opportunities

During the forecast period, the world MaaS market is anticipated to gain strength as the need for enhanced resilience sparks hefty government investments in the field of microgrid infrastructure. The need for reliable MaaS could augment further with remote localities, universities, and hospitals looking to leverage the unequalled benefits of microgrid infrastructure. Besides this, the end users of MaaS are not required to invest heavily upfront, which could boost the growth of the global market even more. By installing a microgrid infrastructure, operational costs can be curbed impressively. This could encourage most regions of the market to adopt MaaS.

The industrial vertical market of MaaS is foreseen to promise a growth that is challenging for other profitable vertical segments such as utility, military, commercial, and residential. The microgrid technology could be adopted at a significant degree, owing to factors such as fuel independence, grid resiliency, better and trustworthy power supply quality, and reasonable energy expenditure.

There is a tough competition expected to be witnessed between islanded or remote grid and grid connected markets, where the previous is predicted to take the leading position in the global industry. Much of the demand for islanded or remote grids is anticipated to arise from their services to meet energy requirements through greater control and allow distributed energy sources to be better managed.

Get a discount @ www.tmrresearch.com/sample/sample?flag=D&rep_id=1130

Global Microgrid as a Service (MaaS) Market: Regional Outlook

Out of the top regional markets for MaaS, Asia Pacific is forecasted to exhibit dominance while riding on the dire requirement for electricity with a reliable, constant, and undisturbed supply. Moreover, there is a high degree of investment made more or less on a consistent basis to adequately maintain microgrid infrastructures. As a result, the Asia Pacific MaaS market is prognosticated to record a commanding CAGR throughout the course of the forecast period. More opportunities are expected to emerge from the remarkable rate of power consumption and the application of MaaS in industrial sectors and rural electrification. Market players can expect to take advantage of key opportunities in the developing regions of Asia Pacific witnessing a weighty development in power infrastructure and industrial sectors.

Global Microgrid as a Service (MaaS) Market: Companies Mentioned

Although the standards, regulations, and policies relating to MaaS and the supremacy of customer-owned microgrids could raise a few questions in the minds of the market players, there are some critical strategies they can rely on for growth. Some of these could be pertaining to the widening of their revenue share in the global MaaS market, where product developments and launches, agreements, acquisitions, and strategic partnerships could be the frequently adopted ones. Amongst others, Exelon Corporation, Eaton Corporation PLC, Siemens AG, General Electric, and ABB Ltd. are the top manufacturers operating in the industry.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.

Contact :

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

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 as a Service (MaaS) Market: Professional and Technical Industry Insights 2025 here

News-ID: 670223 • Views: 115

More Releases from TMR Research

Insights Engines Market Size, Share, Growth and Regional Global Overview By Key …
Global Insights Engines Market: Snapshot As business enterprises expand their horizons, it becomes increasingly important to provide the workforce with access to information, and that too on a real-time basis. In the past few years, enterprises have been using question answering systems such as Siri in order to enhance workplace search facilities as well as collaborations among employees. Now, in the recent times, Cortana and Google Assistant are starting to gain
Continuous Delivery Market Trends to 2024 Profiling Top Key Players - XebiaLabs, …
Global Continuous Delivery Market: Snapshot Continuous delivery can be defined as the flexibility of a software providers to adopt changes in a safe and sustainable manner, such as adding new features, making configuration changes, fix bugs, and include experiments. Since the coding process is always in deployment mode, despite thousands of developers imparting changes at the same time on a daily basis. With continuous delivery, phases pertaining to integration, product testing,
Earphones and Headphones Market 2017-2025 : Sennheiser, Shure, Skullcandy, Bose, …
Global Earphones and Headphones Market: Overview Headphones are a pair of two simple speakers attached to a band that goes across the wearer’s head in such a manner that the speakers are positioned over the ears. This delivers a personal, immersive listening experience directly into the ears. The use of headphones is somewhat unique over traditional speakers as the latter vibrate large segments of air within a room to recreate
Position Sensor Market Trends and Prospects 2017-2025 : TE Connectivity Ltd., am …
Global Position Sensor Market: Overview Needless to explain its primary function, a position sensor helps to detect the position of an object from or to a fixed point. Position sensor provides the much important positional feedback for automobiles and robots. One of the easiest to use and most inexpensive types of position sensor is potentiometer. Linear variable differential transformer (LVDT), on the other hand, is an inductive position sensor that is

All 25923 Releases


More Releases for MaaS Microgrid Market:

Global Microgrid as a Service (MaaS) Market Forecast 2018-2025 - ABB, General El …
Qyresearchreports include new market research report Global Microgrid as a Service (MaaS) Market Size, Status and Forecast 2025 to its huge collection of research reports. This report studies the global Microgrid as a Service (MaaS) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Microgrid as a Service (MaaS) market by companies, region, type and end-use industry. The market growth can be attributed to
Microgrid as a Service (MaaS) Market Speculations Over 2025
Global Microgrid as a Service (MaaS) Market: Snapshot A microgrid is a power grid of a smaller level, that can operate on its own and independent of a location’s primary electrical grid. Additionally, a microgrid can be used in conjunction with the primary grid, a factor that opens up a number of possibilities and opportunities. Small-scale and localized stations can be run with their own source of energy and contain generation
Microgrid as a Service (MaaS) Market : Impact of Existing and Emerging Market 20 …
Global Microgrid as a Service (MaaS) Market: Snapshot A microgrid is a power grid of a smaller level, that can operate on its own and independent of a location’s primary electrical grid. Additionally, a microgrid can be used in conjunction with the primary grid, a factor that opens up a number of possibilities and opportunities. Small-scale and localized stations can be run with their own source of energy and contain generation
Microgrid as a Service (MaaS) Market Size, Regional Outlook, Competitive Strateg …
Global Microgrid as a Service (MaaS) Market Size, Status and Forecast 2022 Trends, Analysis, and Insights Research Beam has added a report, titled, “Global Microgrid as a Service (MaaS) Market Size, Status and Forecast 2022.” The report provides a detailed information and analysis of production, revenue, drivers & opportunities, key manufacturers, and competitive landscape. Furthermore, current market trends and growth opportunities are discussed along with extensive analysis of each segment for