Global Microgrid Technology Market Research Report 2023(Status and Outlook)

Global Microgrid Technology Market Research Report 2023(Status and Outlook)



Report Overview

Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.

Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.

The Global Microgrid Technology Market Size was estimated at USD 19590.00 million in 2022 and is projected to reach USD 48719.24 million by 2029, exhibiting a CAGR of 13.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Microgrid Technology market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Microgrid Technology Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Microgrid Technology market in any manner.

Global Microgrid Technology Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ABB

GE

Echelon

S&C Electric

Siemens

General Microgrids

Microgrid Solar

Raytheon

Sunverge Energy

Toshiba

NEC

Aquion Energy

EnStorage

SGCC

Moixa

EnSync

Ampard

Green Energy Corp

Growing Energy Labs Inc

HOMER Energy

Spirae

Market Segmentation (by Type)

Grid-Tied Type Microgrid

Independent Type Microgrid

Market Segmentation (by Application)

Commercial

Residential

Transportation

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Microgrid Technology Market

Overview of the regional outlook of the Microgrid Technology Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Microgrid Technology
1.2 Key Market Segments
1.2.1 Microgrid Technology Segment by Type
1.2.2 Microgrid Technology Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Microgrid Technology Market Overview
2.1 Global Microgrid Technology Market Size (M USD) Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Microgrid Technology Market Competitive Landscape
3.1 Global Microgrid Technology Revenue Market Share by Manufacturers (2018-2023)
3.2 Microgrid Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Manufacturers Microgrid Technology Sales Sites, Area Served, Service Type
3.4 Microgrid Technology Market Competitive Situation and Trends
3.4.1 Microgrid Technology Market Concentration Rate
3.4.2 Global 5 and 10 Largest Microgrid Technology Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Microgrid Technology Value Chain Analysis
4.1 Microgrid Technology Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Microgrid Technology Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Microgrid Technology Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Microgrid Technology Market Size Market Share by Type (2018-2023)
6.3 Global Microgrid Technology Sales Growth Rate by Type (2019-2023)
7 Microgrid Technology Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Microgrid Technology Market Size (M USD) by Application (2018-2023)
7.3 Global Microgrid Technology Sales Growth Rate by Application (2019-2023)
8 Microgrid Technology Market Segmentation by Region
8.1 Global Microgrid Technology Market Size by Region
8.1.1 Global Microgrid Technology Market Size by Region
8.1.2 Global Microgrid Technology Market Share by Region
8.2 North America
8.2.1 North America Microgrid Technology Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Microgrid Technology Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Microgrid Technology Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Microgrid Technology Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Microgrid Technology Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 ABB
9.1.1 ABB Microgrid Technology Basic Information
9.1.2 ABB Microgrid Technology Product Overview
9.1.3 ABB Microgrid Technology Product Market Performance
9.1.4 ABB Business Overview
9.1.5 ABB Microgrid Technology SWOT Analysis
9.1.6 ABB Recent Developments
9.2 GE
9.2.1 GE Microgrid Technology Basic Information
9.2.2 GE Microgrid Technology Product Overview
9.2.3 GE Microgrid Technology Product Market Performance
9.2.4 GE Business Overview
9.2.5 GE Microgrid Technology SWOT Analysis
9.2.6 GE Recent Developments
9.3 Echelon
9.3.1 Echelon Microgrid Technology Basic Information
9.3.2 Echelon Microgrid Technology Product Overview
9.3.3 Echelon Microgrid Technology Product Market Performance
9.3.4 Echelon Business Overview
9.3.5 Echelon Microgrid Technology SWOT Analysis
9.3.6 Echelon Recent Developments
9.4 Sandamp;C Electric
9.4.1 Sandamp;C Electric Microgrid Technology Basic Information
9.4.2 Sandamp;C Electric Microgrid Technology Product Overview
9.4.3 Sandamp;C Electric Microgrid Technology Product Market Performance
9.4.4 Sandamp;C Electric Business Overview
9.4.5 Sandamp;C Electric Recent Developments
9.5 Siemens
9.5.1 Siemens Microgrid Technology Basic Information
9.5.2 Siemens Microgrid Technology Product Overview
9.5.3 Siemens Microgrid Technology Product Market Performance
9.5.4 Siemens Business Overview
9.5.5 Siemens Recent Developments
9.6 General Microgrids
9.6.1 General Microgrids Microgrid Technology Basic Information
9.6.2 General Microgrids Microgrid Technology Product Overview
9.6.3 General Microgrids Microgrid Technology Product Market Performance
9.6.4 General Microgrids Business Overview
9.6.5 General Microgrids Recent Developments
9.7 Microgrid Solar
9.7.1 Microgrid Solar Microgrid Technology Basic Information
9.7.2 Microgrid Solar Microgrid Technology Product Overview
9.7.3 Microgrid Solar Microgrid Technology Product Market Performance
9.7.4 Microgrid Solar Business Overview
9.7.5 Microgrid Solar Recent Developments
9.8 Raytheon
9.8.1 Raytheon Microgrid Technology Basic Information
9.8.2 Raytheon Microgrid Technology Product Overview
9.8.3 Raytheon Microgrid Technology Product Market Performance
9.8.4 Raytheon Business Overview
9.8.5 Raytheon Recent Developments
9.9 Sunverge Energy
9.9.1 Sunverge Energy Microgrid Technology Basic Information
9.9.2 Sunverge Energy Microgrid Technology Product Overview
9.9.3 Sunverge Energy Microgrid Technology Product Market Performance
9.9.4 Sunverge Energy Business Overview
9.9.5 Sunverge Energy Recent Developments
9.10 Toshiba
9.10.1 Toshiba Microgrid Technology Basic Information
9.10.2 Toshiba Microgrid Technology Product Overview
9.10.3 Toshiba Microgrid Technology Product Market Performance
9.10.4 Toshiba Business Overview
9.10.5 Toshiba Recent Developments
9.11 NEC
9.11.1 NEC Microgrid Technology Basic Information
9.11.2 NEC Microgrid Technology Product Overview
9.11.3 NEC Microgrid Technology Product Market Performance
9.11.4 NEC Business Overview
9.11.5 NEC Recent Developments
9.12 Aquion Energy
9.12.1 Aquion Energy Microgrid Technology Basic Information
9.12.2 Aquion Energy Microgrid Technology Product Overview
9.12.3 Aquion Energy Microgrid Technology Product Market Performance
9.12.4 Aquion Energy Business Overview
9.12.5 Aquion Energy Recent Developments
9.13 EnStorage
9.13.1 EnStorage Microgrid Technology Basic Information
9.13.2 EnStorage Microgrid Technology Product Overview
9.13.3 EnStorage Microgrid Technology Product Market Performance
9.13.4 EnStorage Business Overview
9.13.5 EnStorage Recent Developments
9.14 SGCC
9.14.1 SGCC Microgrid Technology Basic Information
9.14.2 SGCC Microgrid Technology Product Overview
9.14.3 SGCC Microgrid Technology Product Market Performance
9.14.4 SGCC Business Overview
9.14.5 SGCC Recent Developments
9.15 Moixa
9.15.1 Moixa Microgrid Technology Basic Information
9.15.2 Moixa Microgrid Technology Product Overview
9.15.3 Moixa Microgrid Technology Product Market Performance
9.15.4 Moixa Business Overview
9.15.5 Moixa Recent Developments
9.16 EnSync
9.16.1 EnSync Microgrid Technology Basic Information
9.16.2 EnSync Microgrid Technology Product Overview
9.16.3 EnSync Microgrid Technology Product Market Performance
9.16.4 EnSync Business Overview
9.16.5 EnSync Recent Developments
9.17 Ampard
9.17.1 Ampard Microgrid Technology Basic Information
9.17.2 Ampard Microgrid Technology Product Overview
9.17.3 Ampard Microgrid Technology Product Market Performance
9.17.4 Ampard Business Overview
9.17.5 Ampard Recent Developments
9.18 Green Energy Corp
9.18.1 Green Energy Corp Microgrid Technology Basic Information
9.18.2 Green Energy Corp Microgrid Technology Product Overview
9.18.3 Green Energy Corp Microgrid Technology Product Market Performance
9.18.4 Green Energy Corp Business Overview
9.18.5 Green Energy Corp Recent Developments
9.19 Growing Energy Labs Inc
9.19.1 Growing Energy Labs Inc Microgrid Technology Basic Information
9.19.2 Growing Energy Labs Inc Microgrid Technology Product Overview
9.19.3 Growing Energy Labs Inc Microgrid Technology Product Market Performance
9.19.4 Growing Energy Labs Inc Business Overview
9.19.5 Growing Energy Labs Inc Recent Developments
9.20 HOMER Energy
9.20.1 HOMER Energy Microgrid Technology Basic Information
9.20.2 HOMER Energy Microgrid Technology Product Overview
9.20.3 HOMER Energy Microgrid Technology Product Market Performance
9.20.4 HOMER Energy Business Overview
9.20.5 HOMER Energy Recent Developments
9.21 Spirae
9.21.1 Spirae Microgrid Technology Basic Information
9.21.2 Spirae Microgrid Technology Product Overview
9.21.3 Spirae Microgrid Technology Product Market Performance
9.21.4 Spirae Business Overview
9.21.5 Spirae Recent Developments
10 Microgrid Technology Regional Market Forecast
10.1 Global Microgrid Technology Market Size Forecast
10.2 Global Microgrid Technology Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Microgrid Technology Market Size Forecast by Country
10.2.3 Asia Pacific Microgrid Technology Market Size Forecast by Region
10.2.4 South America Microgrid Technology Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Microgrid Technology by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Microgrid Technology Market Forecast by Type (2024-2029)
11.2 Global Microgrid Technology Market Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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