Microgrid Market Intelligence Report - Global Forecast to 2027

Microgrid Market Intelligence Report - Global Forecast to 2027

The Global Microgrid Market is projected to reach USD 57,082.25 million by 2027 from USD 29,642.79 million in 2021, at a CAGR 11.53% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Microgrid Market size was estimated at USD 10,921.78 million in 2021 and expected to reach USD 12,214.08 million in 2022, at a CAGR 11.69% to reach USD 21,207.26 million by 2027.
• The Asia-Pacific Microgrid Market size was estimated at USD 8,671.91 million in 2021 and expected to reach USD 9,733.86 million in 2022, at a CAGR 11.82% to reach USD 16,960.69 million by 2027.
• The Europe, Middle East & Africa Microgrid Market size was estimated at USD 10,049.09 million in 2021 and expected to reach USD 11,062.36 million in 2022, at a CAGR 11.11% to reach USD 18,914.29 million by 2027.

Market Segmentation & Coverage:

The report on microgrid identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the microgrid to forecast the revenues and analyze the trends in each of the following sub-markets:

Power:

• CHP
• Diesel
• Fuel Cell
• Natural Gas
• Solar PV

Product:

• Grid connected
• Hybrid
• Remote

Application:

• Commercial
• Defense
• Education
• Government
• Utility

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Eaton Corporation PLC
• Emerson Electric Co.
• Encorp
• General Electric Company
• Go Electric Inc.
• Hitachi ABB Power Grids
• HOMER Energy LLC by UL LLC
• Honeywell International Inc.
• Lockheed Martin Corporation
• MAN Energy Solutions SE
• Nidec Corporation
• Opus One Solutions
• Pareto Energy Ltd.
• Power Analytics Corporation
• S&C Electric Company
• Schneider Electric SE
• Schweitzer Engineering Laboratories, Inc.
• Siemens AG
• Spirae,LLC

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 29,642.79 million

Estimated Year Value: USD 33,010.31 million

Forecast Year Value: USD 57,082.25 million

CAGR (%): 11.53%.

Please Note: PDF & Excel + Online Access - 1 Year