Europe Microgrid Market 2022-2028

Europe Microgrid Market 2022-2028

MARKET OUTLOOK

Triton’s research report infers that the microgrid market in Europe is deemed to progress at a compound annual growth rate of 10.17% in value during the forecasted years 2022-2028. The United Kingdom, France, the Netherlands, Germany, Italy, Spain, and the Rest of Europe are studied in the region.

In France, the EDF Group operates in all power industry segments, including generation, transmission, and distribution. This has led several other companies to enter the power industry, investing significantly in microgrid systems. For instance, recently, Ecosun developed a trailer equipped with 15 solar panels with a storage capacity of 23 kWh that can be used for off-grid applications. Besides this, the government announced its plan to lower the grid fee for renewable power sources, heat pumps, and EV charging stations. These factors are thus expected to elevate the market’s scope over the forecast period.

Similarly, the Italian government has established a new decree to control the cost of electricity and natural gas for businesses. Moreover, the authorities are offering financial aid and introducing initiatives to increase energy production. The decree includes an acceleration plan for renewable energy, which is expected to increase the need for microgrids. Therefore, favorable government measures are set to fuel the microgrid market’s growth across Italy.

COMPETITIVE OUTLOOK

The prominent companies in the microgrid market include Hitachi Ltd, Siemens AG, National Grid Plc, Fairbanks Morse, S&C Electric Company, and Exelon Corporation.


1. Europe Microgrid Market - Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Microgrid Market
2.2. Key Insights
2.2.1. Growing Use Of Microgrids In Solar Energy
2.2.2. Increase In Smart Cities Initiatives
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Product Launches
2.6.2. Collaborations
2.6.3. Business Divestitures
2.6.4. Acquisitions
2.7. Market Drivers
2.7.1. Combating Power Outages During Severe Weather Using Microgrids
2.7.2. Growing Electricity Consumption Worldwide
2.8. Market Challenges
2.8.1. Hurdles Posed By Regulatory Framework
2.8.2. High Maintenance And Installation Of Microgrids
2.9. Market Opportunities
2.9.1. Rising Use Of Internet Of Things (Iot) In Microgrids
2.9.2. Rise In Clean Energy Integration By Government And Private Sector
3. Europe Microgrid Market Outlook - By Utilization Type
3.1. Metropolitan
3.2. Semi-urban
3.3. Rural
4. Europe Microgrid Market Outlook - By Component
4.1. Hardware
4.1.1. Power Generators
4.1.2. Energy Storage
4.1.3. Controllers
4.2. Software
4.3. Services
5. Europe Microgrid Market Outlook - By Connectivity
5.1. Grid Connected
5.2. Island Grid
6. Europe Microgrid Market Outlook - By Industry Vertical
6.1. Commercial & Industrial
6.2. Healthcare
6.3. Educational Institutions
6.4. Military & Defense
6.5. Government & Utilities
6.6. Other Industry Verticals
7. Europe Microgrid Market – Country Outlook
7.1. United Kingdom
7.2. Germany
7.3. France
7.4. Italy
7.5. Spain
7.6. The Netherlands
7.7. Rest Of Europe
8. Competitive Landscape
8.1. Hitachi Ltd
8.2. Schneider Electric
8.3. Duke Energy Corporation
8.4. Exelon Corporation
8.5. Siemens Ag
8.6. Fairbanks Morse
8.7. National Grid Plc
8.8. S&C Electric Company
8.9. Bloom Energy
8.10. Cummins Inc
8.11. Fuelcell Energy Inc
8.12. General Electric Company
8.13. Power Engineers Incorporated
8.14. Nrg Energy Inc
8.15. Eaton Corporation Plc
9. Research Methodology & Scope
9.1. Research Scope & Deliverables
9.2. Sources Of Data
9.3. Research Methodology
List Of Tables
Table 1: Europe Microgrid Market, By Country Outlook, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Product Launches
Table 4: List Of Collaborations
Table 5: List Of Business Divestitures
Table 6: List Of Acquisitions
Table 7: Europe Microgrid Market, By Utilization Type, 2022-2028 (In $ Million)
Table 8: Europe Microgrid Market, By Component, 2022-2028 (In $ Million)
Table 9: Europe Microgrid Market, By Hardware, 2022-2028 (In $ Million)
Table 10: Europe Microgrid Market, By Connectivity, 2022-2028 (In $ Million)
Table 11: Europe Microgrid Market, By Industry Vertical, 2022-2028 (In $ Million)
Table 12: Europe Microgrid Market, By Country Outlook, 2022-2028 (In $ Million)
List Of Figures
Figure 1: Renewable Electricity Generation, By Source, In 2018-2020
Figure 2: Market Attractiveness Index
Figure 3: Europe Microgrid Market, By Utilization Type, 2021 & 2028 (In %)
Figure 4: Europe Microgrid Market, By Metropolitan, 2022-2028 (In $ Million)
Figure 5: Europe Microgrid Market, By Semi-urban, 2022-2028 (In $ Million)
Figure 6: Europe Microgrid Market, By Rural, 2022-2028 (In $ Million)
Figure 7: Europe Microgrid Market, By Component, 2021 & 2028 (In %)
Figure 8: Europe Microgrid Market, By Hardware, 2022-2028 (In $ Million)
Figure 9: Europe Microgrid Market, By Hardware, 2021 & 2028 (In %)
Figure 10: Europe Microgrid Market, By Power Generators, 2022-2028 (In $ Million)
Figure 11: Europe Microgrid Market, By Energy Storage, 2022-2028 (In $ Million)
Figure 12: Europe Microgrid Market, By Controllers, 2022-2028 (In $ Million)
Figure 13: Europe Microgrid Market, By Software, 2022-2028 (In $ Million)
Figure 14: Europe Microgrid Market, By Services, 2022-2028 (In $ Million)
Figure 15: Europe Microgrid Market, By Connectivity, 2021 & 2028 (In %)
Figure 16: Europe Microgrid Market, By Grid Connected, 2022-2028 (In $ Million)
Figure 17: Europe Microgrid Market, By Island Grid, 2022-2028 (In $ Million)
Figure 18: Europe Microgrid Market, By Industry Vertical, 2021 & 2028 (In %)
Figure 19: Europe Microgrid Market, By Commercial & Industrial, 2022-2028 (In $ Million)
Figure 20: Europe Microgrid Market, By Healthcare, 2022-2028 (In $ Million)
Figure 21: Europe Microgrid Market, By Educational Institutions, 2022-2028 (In $ Million)
Figure 22: Europe Microgrid Market, By Military & Defense, 2022-2028 (In $ Million)
Figure 23: Europe Microgrid Market, By Government & Utilities, 2022-2028 (In $ Million)
Figure 24: Europe Microgrid Market, By Other Industry Verticals, 2022-2028 (In $ Million)
Figure 25: Europe Microgrid Market, By Country Outlook, 2021 & 2028 (In %)
Figure 26: United Kingdom Microgrid Market 2022-2028 (In $ Million)
Figure 27: Germany Microgrid Market 2022-2028 (In $ Million)
Figure 28: France Microgrid Market 2022-2028 (In $ Million)
Figure 29: Italy Microgrid Market 2022-2028 (In $ Million)
Figure 30: Spain Microgrid Market 2022-2028 (In $ Million)
Figure 31: The Netherlands Microgrid Market 2022-2028 (In $ Million)
Figure 32: Rest Of Europe Microgrid Market 2022-2028 (In $ Million)

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