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Latin America Microgrid Market 2022-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 104 Pages Triton Market Research September, 2022 TRTN17423819
Best Price Guarantee
Price from $1,500
Length 104 Pages
Publisher Triton Market Research
Published Date September, 2022
SKU TRTN17423819

Latin America Microgrid Market 2022-2028

MARKET OUTLOOK

Triton’s research report states that the Latin American microgrid market is envisioned to register growth at a compound annual growth rate of 10.61% during the forecasting years 2022-2028. Brazil, Mexico, and Rest of Latin America are studied in the region.

In Mexico, the electrical infrastructure faces issues pertaining to connectivity and coordination, leading to various interruptions. This influenced the government to install various transmission towers and sub-transmission systems nationwide. The rural and underdeveloped areas face inconsistencies in voltage, energy peaks, and current changes. In this regard, SimpliPhi Power partnered with the Footprint Project to supply and deliver a field hospital powered by clean energy through a microgrid system. These developments are supporting the microgrid market’s growth.

Argentina’s microgrid market is witnessing growth owing to the entry of various private companies backed by government funding. In 2020, SyR Energia SAS started working on creating systems to manage Patagonia National Parks through Homer Pro to build microgrids. The most recent microgrid features two micro hydro turbines. Thus, as stated above, these factors are anticipated to open new avenues for the market over the forecast period.

COMPETITIVE OUTLOOK

The leading companies thriving in the microgrid market consist of Hitachi Ltd, Duke Energy Corporation, Siemens AG, Fairbanks Morse, National Grid Plc, and Cummins Inc.


1. Latin America 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. Latin America Microgrid Market Outlook - By Utilization Type
3.1. Metropolitan
3.2. Semi-urban
3.3. Rural
4. Latin America 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. Latin America Microgrid Market Outlook - By Connectivity
5.1. Grid Connected
5.2. Island Grid
6. Latin America 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. Latin America Microgrid Market – Country Outlook
7.1. Brazil
7.2. Mexico
7.3. Rest Of Latin America
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: Latin America 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: Latin America Microgrid Market, By Utilization Type, 2022-2028 (In $ Million)
Table 8: Latin America Microgrid Market, By Component, 2022-2028 (In $ Million)
Table 9: Latin America Microgrid Market, By Hardware, 2022-2028 (In $ Million)
Table 10: Latin America Microgrid Market, By Connectivity, 2022-2028 (In $ Million)
Table 11: Latin America Microgrid Market, By Industry Vertical, 2022-2028 (In $ Million)
Table 12: Latin America 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: Latin America Microgrid Market, By Utilization Type, 2021 & 2028 (In %)
Figure 4: Latin America Microgrid Market, By Metropolitan, 2022-2028 (In $ Million)
Figure 5: Latin America Microgrid Market, By Semi-urban, 2022-2028 (In $ Million)
Figure 6: Latin America Microgrid Market, By Rural, 2022-2028 (In $ Million)
Figure 7: Latin America Microgrid Market, By Component, 2021 & 2028 (In %)
Figure 8: Latin America Microgrid Market, By Hardware, 2022-2028 (In $ Million)
Figure 9: Latin America Microgrid Market, By Hardware, 2021 & 2028 (In %)
Figure 10: Latin America Microgrid Market, By Power Generators, 2022-2028 (In $ Million)
Figure 11: Latin America Microgrid Market, By Energy Storage, 2022-2028 (In $ Million)
Figure 12: Latin America Microgrid Market, By Controllers, 2022-2028 (In $ Million)
Figure 13: Latin America Microgrid Market, By Software, 2022-2028 (In $ Million)
Figure 14: Latin America Microgrid Market, By Services, 2022-2028 (In $ Million)
Figure 15: Latin America Microgrid Market, By Connectivity, 2021 & 2028 (In %)
Figure 16: Latin America Microgrid Market, By Grid Connected, 2022-2028 (In $ Million)
Figure 17: Latin America Microgrid Market, By Island Grid, 2022-2028 (In $ Million)
Figure 18: Latin America Microgrid Market, By Industry Vertical, 2021 & 2028 (In %)
Figure 19: Latin America Microgrid Market, By Commercial & Industrial, 2022-2028 (In $ Million)
Figure 20: Latin America Microgrid Market, By Healthcare, 2022-2028 (In $ Million)
Figure 21: Latin America Microgrid Market, By Educational Institutions, 2022-2028 (In $ Million)
Figure 22: Latin America Microgrid Market, By Military & Defense, 2022-2028 (In $ Million)
Figure 23: Latin America Microgrid Market, By Government & Utilities, 2022-2028 (In $ Million)
Figure 24: Latin America Microgrid Market, By Other Industry Verticals, 2022-2028 (In $ Million)
Figure 25: Latin America Microgrid Market, By Country Outlook, 2021 & 2028 (In %)
Figure 26: Brazil Microgrid Market 2022-2028 (In $ Million)
Figure 27: Mexico Microgrid Market 2022-2028 (In $ Million)
Figure 28: Rest Of Latin America Microgrid Market 2022-2028 (In $ Million)

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