Market Research Heavy Industry Market Research Energy & Resources Market Research Utilities Market Research Electricity Transmission & Smart Grids Market Research

Middle East And Africa Microgrid Market 2022-2028

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 100 Pages Triton Market Research September, 2022 TRTN17423827
Best Price Guarantee
Price from $1,500
Length 100 Pages
Publisher Triton Market Research
Published Date September, 2022
SKU TRTN17423827

Middle East And Africa Microgrid Market 2022-2028

MARKET OUTLOOK

Triton Market Research’s report infers that the Middle East and Africa microgrid market is anticipated to progress at a compound annual growth rate of 10.56% during the forecast years 2022-2028. Israel, Saudi Arabia, South Africa, the UAE, and Rest of Middle East & Africa are considered in the given region.

Israel authorized a target of generating 10% of the electricity from renewable sources in 2020. Solar thermal and photovoltaic power plants are estimated to account for over 70% of total production, with the remaining from wind energy, household PV units, and biomass. Recently, Introspective System commenced a commercialization project to develop software and control microgrids. Such developments are estimated to accelerate the microgrid market’s progression across the country.

On the other hand, South Africa is a coal-dependent country, generating around 90% of the electricity. While microgrids are beneficial for self-generating electricity, it is still considered an expensive option. Nevertheless, the reduction in renewable energy technology and growing grid unreliability have made the adoption of microgrids easier. The rising issues relating to load shedding are another factor that has elevated the adoption of microgrid systems, thereby generating opportunities for the studied market.

COMPETITIVE OUTLOOK

The key companies in the market comprise Siemens AG, Schneider Electric, Duke Energy Corporation, Hitachi Ltd, Fairbanks Morse, Cummins Inc, and NRG Energy Inc.


1. Middle East And Africa 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. Middle East And Africa Microgrid Market Outlook - By Utilization Type
3.1. Metropolitan
3.2. Semi-urban
3.3. Rural
4. Middle East And Africa 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. Middle East And Africa Microgrid Market Outlook - By Connectivity
5.1. Grid Connected
5.2. Island Grid
6. Middle East And Africa 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. Middle East And Africa Microgrid Market – Country Outlook
7.1. United Arab Emirates
7.2. Saudi Arabia
7.3. Israel
7.4. South Africa
7.5. Rest Of Middle East & Africa
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: Middle East And Africa 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: Middle East And Africa Microgrid Market, By Utilization Type, 2022-2028 (In $ Million)
Table 8: Middle East And Africa Microgrid Market, By Component, 2022-2028 (In $ Million)
Table 9: Middle East And Africa Microgrid Market, By Hardware, 2022-2028 (In $ Million)
Table 10: Middle East And Africa Microgrid Market, By Connectivity, 2022-2028 (In $ Million)
Table 11: Middle East And Africa Microgrid Market, By Industry Vertical, 2022-2028 (In $ Million)
Table 12: Middle East And Africa 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: Middle East And Africa Microgrid Market, By Utilization Type, 2021 & 2028 (In %)
Figure 4: Middle East And Africa Microgrid Market, By Metropolitan, 2022-2028 (In $ Million)
Figure 5: Middle East And Africa Microgrid Market, By Semi-urban, 2022-2028 (In $ Million)
Figure 6: Middle East And Africa Microgrid Market, By Rural, 2022-2028 (In $ Million)
Figure 7: Middle East And Africa Microgrid Market, By Component, 2021 & 2028 (In %)
Figure 8: Middle East And Africa Microgrid Market, By Hardware, 2022-2028 (In $ Million)
Figure 9: Middle East And Africa Microgrid Market, By Hardware, 2021 & 2028 (In %)
Figure 10: Middle East And Africa Microgrid Market, By Power Generators, 2022-2028 (In $ Million)
Figure 11: Middle East And Africa Microgrid Market, By Energy Storage, 2022-2028 (In $ Million)
Figure 12: Middle East And Africa Microgrid Market, By Controllers, 2022-2028 (In $ Million)
Figure 13: Middle East And Africa Microgrid Market, By Software, 2022-2028 (In $ Million)
Figure 14: Middle East And Africa Microgrid Market, By Services, 2022-2028 (In $ Million)
Figure 15: Middle East And Africa Microgrid Market, By Connectivity, 2021 & 2028 (In %)
Figure 16: Middle East And Africa Microgrid Market, By Grid Connected, 2022-2028 (In $ Million)
Figure 17: Middle East And Africa Microgrid Market, By Island Grid, 2022-2028 (In $ Million)
Figure 18: Middle East And Africa Microgrid Market, By Industry Vertical, 2021 & 2028 (In %)
Figure 19: Middle East And Africa Microgrid Market, By Commercial & Industrial, 2022-2028 (In $ Million)
Figure 20: Middle East And Africa Microgrid Market, By Healthcare, 2022-2028 (In $ Million)
Figure 21: Middle East And Africa Microgrid Market, By Educational Institutions, 2022-2028 (In $ Million)
Figure 22: Middle East And Africa Microgrid Market, By Military & Defense, 2022-2028 (In $ Million)
Figure 23: Middle East And Africa Microgrid Market, By Government & Utilities, 2022-2028 (In $ Million)
Figure 24: Middle East And Africa Microgrid Market, By Other Industry Verticals, 2022-2028 (In $ Million)
Figure 25: Middle East And Africa Microgrid Market, By Country Outlook, 2021 & 2028 (In %)
Figure 26: United Arab Emirates Microgrid Market 2022-2028 (In $ Million)
Figure 27: Saudi Arabia Microgrid Market 2022-2028 (In $ Million)
Figure 28: Israel Microgrid Market 2022-2028 (In $ Million)
Figure 29: South Africa Microgrid Market 2022-2028 (In $ Million)
Figure 30: Rest Of Middle East & Africa Microgrid Market 2022-2028 (In $ Million)

$1,500
$2,200

Research Assistance

US: 800.298.5699
Int'l: +1.240.747.3093
Live help
Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Other tasks

Cookie Settings