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| Report Code: A00439 | Jan 2022 | Pages: 271 | ||
| Tables: 95 | Charts: 68 |
| |
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Microgrid Market
Request Now !The global microgrid market size was valued at $15.88 billion in 2020, and is projected to reach $59.74 billion by 2030, registering a CAGR of 14.9% from 2021 to 2030.
The microgrid market in significantly affected by the emergence of COVID-19, owing to lack of availability of skilled professional to operate the technology. In addition, the market registered downfall in the revenue due to shutdown of manufacturing units globally.
A microgrid is a self-reliant, localized energy system that serves a specific area including a hospital complex, college campus, and business centers. It can operate autonomously without any support of a centralized grid. A smart microgrid can also function when connected to the main grid and even when it is not connected to the main grid, it acts as an electrical island. It helps in reduction of harmful emissions resulting in optimal use of renewable resources, improved efficiency, and long-term predictable energy cost.
Growth in demand for reliable and secured power supply in commercial and industrial sectors across the globe, coupled with government initiatives taken to reduce carbon footprint are expected to fuel the microgrid market growth. Moreover, rapid adoption of software across various end-user segments including commercial, industrial, government, and healthcare to manage and control distributed energy resources with integrated weather and load forecasting is also expected to boost the market during the forecast period.
In the coming years, the microgrid industry is expected to generate moderate cash output with modest investments in development, research, and tests. However, the microgrid market is nearing the maturing stage, and is expected to generate modest revenue for key players in the coming years.
Factors such as growth in development of smart cities, increase in demand, growth of rugged loT, and rise in adoption of ruggedized computers are expected to drive growth of the market in the future. However, high production cost of rugged devices acts as a major barrier and hampers the market growth. Furthermore, rise in need for hard and reliable electrical equipment for military and aerospace industries are expected to offer lucrative opportunities for the microgrid market growth.
The microgrid market share is analyzed on the basis of connectivity, type, end user, and region. By connectivity, the market is divided into grid connected and off-grid connected. By type, it is classified into AC microgrids, DC microgrids and hybrid. By end user, it is categorized into commercial & industrial, government, healthcare, remote, utility and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.
The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “new normal” that includes social distancing and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives and missed opportunities.
The COVID-19 pandemic has impacted the society and overall economy across the globe. The impact of this outbreak has grown day-by-day that affects the supply chain. This has created uncertainty in the stock market; decreased business confidence, slow supply chain, and increased panic among customers. European countries under lockdown have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to decrease in growth of the microgrid market in 2020.
According to the microgrid market trends, the COVID-19 pandemic has severely impacted the global manufacturing and industrial sectors as production facilities have stalled, which, in turn, led to significant demand in industries.
Emergence of COVID-19 has declined growth of the microgrid market size in 2020, and is estimated to witness slow growth till the end of 2021. Implementation of partial or complete lockdown across various countries globally is the prime reason for decline in growth rate of the market. As industries were temporarily shut, it reduced the need for maintenance from various industries.
The significant factors that impact the global microgrid market growth include increasing demand in remote areas and backup for Military bases, stringent government initiatives to reduce carbon footprints. In addition, High installation and maintenance cost microgrids. Moreover, growing demand of microgrids in Commercial and industrial sector for reliable and uninterrupted power and electricity supply and rapid industrialization and increasing demand for power has affected the market growth to a certain extent. Each of these factors is anticipated to have a definite impact on the global microgrid market during the forecast period. These factors are expected to offer lucrative opportunities for the market growth in the coming years.
Key Benefits for Stakeholders
Microgrid Market Report Highlights
| Aspects | Details |
|---|---|
| By Connectivity |
|
| By Type |
|
| By end user |
|
| By Region |
|
| Key Market Players | SIEMENS, Schneider Electric, GENERAL ELECTRIC, PARETO ENERGY, S&C ELECTRIC, ABB Group, EXELON CORPORATION, HONEYWELL, SPIRAE INC., EATON CORPORATION |
Chapter 1:Introduction
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
Chapter 2:Executive summary
2.1.CXO perspective
Chapter 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Patent analysis
3.4.1.By region (2020–2030)
3.4.2.By applicant
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Increase in demand in remote areas and backup for military bases.
3.5.1.2.Stringent government initiatives to reduce carbon footprints
3.5.2.Restraint
3.5.2.1.High installation and maintenance costs
3.5.3.Opportunities
3.5.3.1.Growth in demand for microgrids in commercial and industrial sector
3.5.3.2.Rapid industrialization and increase in demand for power
3.1.COVID Impact
3.1.1.Impact on market size
3.1.2.End user trends, preferences, and budget impact
3.1.3.End user trends, preferences, and budget impact
3.1.4.Parent industry impact
3.1.5.Key player strategies to tackle negative impact
3.1.5.1.Limited investments for R&D
3.1.5.2.Focus on next-generation products
3.1.6.Opportunity window
Chapter 4:Microgrid MARKet, BY Connectivity
4.1.Overview
4.2.Grid connected
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Off-grid connected
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
Chapter 5:MICROGRID MARKET, BY type
5.1.Overview
5.2.AC microgrids
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.DC microgrids
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
5.4.Hybrid Microgrids
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country
Chapter 6:microgrid MARKet, BY end user
6.1.Overview
6.2.Commercial and Industrial
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Government
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
6.4.Healthcare
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country
6.5.Remote
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast region
6.5.3.Market analysis, by country
6.6.Utility
6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast region
6.6.3.Market analysis, by country
6.7.Others
6.7.1.Key market trends, growth factors, and opportunities
6.7.2.Market size and forecast, by region
6.7.3.Market analysis, by country
Chapter 7:microgrid market, BY Region
7.1.Overview
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by connectivity
7.2.3.Market size and forecast, by type
7.2.4.Market size and forecast, by end user
7.2.5.Market analysis, by country
7.2.5.1.U.S.
7.2.5.1.1.Market size and forecast, by connectivity
7.2.5.1.2.Market size and forecast, by type
7.2.5.1.3.Market size and forecast, by end user
7.2.5.2.Canada
7.2.5.2.1.Market size and forecast, by connectivity
7.2.5.2.2.Market size and forecast, by type
7.2.5.2.3.Market size and forecast, by end user
7.2.5.3.Mexico
7.2.5.3.1.Market size and forecast, by connectivity
7.2.5.3.2.Market size and forecast, by type
7.2.5.3.3.Market size and forecast, by end user
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by connectivity
7.3.3.Market size and forecast, by type
7.3.4.Market size and forecast, by end-user
7.3.5.Market analysis, by country
7.3.5.1.UK
7.3.5.1.1.Market size and forecast, by connectivity
7.3.5.1.2.Market size and forecast, by type
7.3.5.1.3.Market size and forecast, by end user
7.3.5.2.Germany
7.3.5.2.1.Market size and forecast, by connectivity
7.3.5.2.2.Market size and forecast, by type
7.3.5.2.3.Market size and forecast, by end user
7.3.5.3.France
7.3.5.3.1.Market size and forecast, by connectivity
7.3.5.3.2.Market size and forecast, by type
7.3.5.3.3.Market size and forecast, by end user
7.3.5.4.Rest of Europe
7.3.5.4.1.Market size and forecast, by connectivity
7.3.5.4.2.Market size and forecast, by type
7.3.5.4.3.Market size and forecast, by end user
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by connectivity
7.4.3.Market size and forecast, by type
7.4.4.Market size and forecast, by end user
7.4.5.Market analysis, by country
7.4.5.1.China
7.4.5.1.1.Market size and forecast, by connectivity
7.4.5.1.2.Market size and forecast, by type
7.4.5.1.3.Market size and forecast, by end user
7.4.5.2.Japan
7.4.5.2.1.Market size and forecast, by connectivity
7.4.5.2.2.Market size and forecast, by type
7.4.5.2.3.Market size and forecast, by end user
7.4.5.3.India
7.4.5.3.1.Market size and forecast, by connectivity
7.4.5.3.2.Market size and forecast, by type
7.4.5.3.3.Market size and forecast, by end user
7.4.5.4.South Korea
7.4.5.4.1.Market size and forecast, by connectivity
7.4.5.4.2.Market size and forecast, by type
7.4.5.4.3.Market size and forecast, by end user
7.4.5.5.Rest of Asia-Pacific
7.4.5.5.1.Market size and forecast, by connectivity
7.4.5.5.2.Market size and forecast, by type
7.4.5.5.3.Market size and forecast, by end user
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by connectivity
7.5.3.Market size and forecast, by type
7.5.4.Market size and forecast, by end user
7.5.5.Market analysis, by country
7.5.5.1.Latin America
7.5.5.1.1.Market size and forecast, by connectivity
7.5.5.1.2.Market size and forecast, by type
7.5.5.1.3.Market size and forecast, by end user
7.5.5.2.Middle East
7.5.5.2.1.Market size and forecast, by connectivity
7.5.5.2.2.Market size and forecast, by type
7.5.5.2.3.Market size and forecast, by end user
7.5.5.3.Africa
7.5.5.3.1.Market size and forecast, by connectivity
7.5.5.3.2.Market size and forecast, by type
7.5.5.3.3.Market size and forecast, by end user
Chapter 8:COMPETITIVE LANDSCAPE
8.1.Introduction
8.1.1.Market player positioning, 2019
8.1.2.Top winning strategies
8.2.Competitive dashboard
8.3.Competitive heatmap
Chapter 9:Company ProfileS
9.1.ABB Group
9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments
9.2.EATON CORPORATION
9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot.
9.2.5.Product portfolio
9.2.6.Business performance
9.2.7.Key strategic moves and developments
9.3.EXELON CORPORATION
9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.4.GENERAL ELECTRIC
9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D Expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments
9.5.HONEYWELL
9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D expenditure
9.5.7.Business performance
9.5.8.Key strategic moves and developments
9.6.PARETO ENERGY
9.6.1.Company overview
9.6.2.Key Executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.7.Schneider Electric
9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.R&D expenditure
9.7.7.Business performance
9.7.8.Key strategic moves and developments
9.8.SIEMENS
9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments
9.9.SPIRAE INC.
9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.10.S&C ELECTRIC
9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Key strategic moves and developments
LIST OF TABLES
TABLE 01.MICROGRID MARKET, BY CONNECTIVITY, 2020–2030($MILLION)
TABLE 02.MICROGRID MARKET REVENUE FOR GRID CONNECTED, BY REGION 2020–2030 ($MILLION)
TABLE 03.MICROGRID MARKET REVENUE FOR OFF-GRID CONNECTION, BY REGION 2020–2030 ($MILLION)
TABLE 04.MICROGRID MARKET, BY TYPE, 2020–2030($MILLION)
TABLE 05.MICROGRID MARKET REVENUE FOR AC MICROGRIDS BY REGION 2020–2030 ($MILLION)
TABLE 06.MICROGRID MARKET REVENUE FOR DC MICROGRIDS, BY REGION 2020–2030 ($MILLION)
TABLE 07.MICROGRID MARKET REVENUE FOR HYBRID MICROGRIDS, BY REGION 2020–2030 ($MILLION)
TABLE 08.MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 09.MICROGRID MARKET REVENUE FOR COMMERCIAL AND INDUSTRIAL, BY REGION 2020–2030 ($MILLION)
TABLE 10.MICROGRID MARKET REVENUE FOR GOVERNMENT, BY REGION 2020–2030 ($MILLION)
TABLE 11.MICROGRID MARKET REVENUE FOR HEALTHCARE, BY REGION 2020–2030 ($MILLION)
TABLE 12.MICROGRID MARKET REVENUE FOR REMOTE, BY REGION 2020–2030 ($MILLION)
TABLE 13.MICROGRID MARKET REVENUE FOR UTILITY, BY REGION 2020–2030 ($MILLION)
TABLE 14.MICROGRID MARKET REVENUE FOR GOVERNMENT &OTHERS, BY REGION 2020–2030 ($MILLION)
TABLE 15.MICROGRID MARKET REVENUE, BY REGION 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICAN MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICAN MICROGRID MARKET, BY TYPE, 2020–2030($MILLION)
TABLE 18.NORTH AMERICAN MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 19.U. S. MICROGRID MARKET, BY CONNECTIVITY, 2017–2025 ($MILLION)
TABLE 20.U. S. MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 21.U. S. MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 22.CANADA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 23.CANADA MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 24.CANADA MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 25.MEXICO MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 26.MEXICO MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 27.MEXICO MICROGRID MARKET, BY END USER, 2020-2030($MILLION)
TABLE 28.EUROPE MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 29.EUROPE MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 30.EUROPE MICROGRID MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 31.UK MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 32.UK MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 33.UK MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 34.GERMANY MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 35.GERMANY MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 36.GERMANY MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 37.FRANCE MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 38.FRANCE MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 39.FRANCE MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 40.REST OF EUROPE MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 41.REST OF EUROPE MICROGRID MARKET, BY TYPE, 2017–2025 ($MILLION)
TABLE 42.REST OF EUROPE MICROGRID MARKET, BY END USER, 2017–2025 ($MILLION)
TABLE 43.ASIA-PACIFIC MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 44.ASIA-PACIFIC MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 45.ASIA-PACIFIC MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 46.CHINA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 47.CHINA MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 48.CHINA MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 49.JAPAN MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 50.JAPAN MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 51.JAPAN MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 52.INDIA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 53.INDIA MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 54.INDIA MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 55.SOUTH KOREA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 56.SOUTH KOREA MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 57.SOUTH KOREA MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 58.REST OF ASIA-PACIFIC MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 59.REST OF ASIA-PACIFIC MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC MICROGRID MARKET, BY END USER, 2020–2030 ($MILLION)
TABLE 61.LAMEA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 62.LAMEA MICROGRID MARKET, BY TYPE, 2020–2030($MILLION)
TABLE 63.LAMEA MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 64.LATIN AMERICA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 65.LATIN AMERICA MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.LATIN AMERICA MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 67.MIDDLE EAST MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 68.MIDDLE EAST MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 69.MIDDLE EAST MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 70.AFRICA MICROGRID MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 71.AFRICA MICROGRID MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 72.AFRICA MICROGRID MARKET, BY END USER, 2020–2030($MILLION)
TABLE 73.ABB GROUP: KEY EXECUTIVES
TABLE 74.ABB GROUP: COMPANY SNAPSHOT
TABLE 75.ABB: OPERATING SEGMENTS
TABLE 76.ABB: PRODUCT PORTFOLIO
TABLE 77.EATON CORPORATION.:KEY EXECUTIVES
TABLE 78.EATON CORPORATION.: COMPANY SNAPSHOT
TABLE 79.EATON CORPORATION: OPERATING SEGMENTS
TABLE 80.EATON CORPORATION: PRODUCT PORTFOLIO
TABLE 81.EATON CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 82.EXELON CORPORATION: KEY EXECUTIVES
TABLE 83.EXELON CORPORATION: COMPANY SNAPSHOT
TABLE 84.EXELON CORPORATION: PRODUCT PORTFOLIO
TABLE 85.GENERAL ELECTRIC: KEY EXECUTIVES
TABLE 86.GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 87.GENERAL ELECTRICOPERATING SEGMENTS
TABLE 88.GENERAL ELECTRICPRODUCT PORTFOLIO
TABLE 89.HONEYWELL.:KEY EXECUTIVES
TABLE 90.HONEYWELL: COMPANY SNAPSHOT
TABLE 91.HONEYWELL: OPERATING SEGMENTS
TABLE 92.HONEYWELL.: PRODUCT PORTFOLIO
TABLE 93.HONEYWELL: PRODUCT PORTFOLIO
TABLE 94.PARETO ENERGY.:KEY EXECUTIVES
TABLE 95.PARETO ENERGY.: COMPANY SNAPSHOT
TABLE 96.PARETO ENERGY.: PRODUCT PORTFOLIO
TABLE 97.SCHNEIDER ELECTRIC: KEY EXECUTIVES
TABLE 98.SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
TABLE 99.SCHNEIDER ELECTRIC: OPERATING SEGMENTS
TABLE 100.SCHNEIDER ELECTRIC: PRODUCT PORTFOLIO
TABLE 101.SIEMENS: KEY EXECUTIVES
TABLE 102.SIEMENS: COMPANY SNAPSHOT
TABLE 103.SIEMENS: OPERATING SEGMENTS
TABLE 104.SIEMENS: PRODUCT PORTFOLIO
TABLE 105.SPIRAE INC.: KEY EXECUTIVES
TABLE 106.SPIRAE INC.: COMPANY SNAPSHOT
TABLE 107.SPIRAE INC.: PRODUCT PORTFOLIO
TABLE 108.S&C ELECTRIC: KEY EXECUTIVES
TABLE 109.S&C ELECTRIC: COMPANY SNAPSHOT
TABLE 110.S&C ELECTRIC: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.HIGH THREAT OF NEW ENTRANTS
FIGURE 08.HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.MICROGRID MARKETMICROGRID MARKET SHARE, BY CONNECTIVITY, 2020–2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR GRID CONNECTED, BY COUNTRY, 2020–2030(%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR OFF-GRID CONNECTION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.MICROGRID MARKETMICROGRID MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR AC MICROGRIDS, BY COUNTRY, 2020–2030(%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR DC MICROGRIDS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR HYBRID MICROGRID, BY COUNTRY, 2020–2030(%)
FIGURE 20.MICROGRID MARKET SHARE, BY END USER, 2020–2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR COMMERCIAL AND INDUSTRIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR GOVERNMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FORHEALTHCARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR REMOTE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR UTILITY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.MICROGRID MARKET, BY REGION, 2020–2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 29.U. S. MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 30.CANADA MICROGRID MARKET, 2020–2025 ($MILLION)
FIGURE 31.MEXICO MICROGRID MARKETMICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 33.UK MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 34.GERMANY MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 35.FRANCE MICROGRID MARKETMICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 36.REST OF EUROPE MICROGRID MARKETMICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 37.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET, BY COUNTRY, 2020–2030(%)
FIGURE 38.CHINA MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 39.JAPAN MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 40.INDIA MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 41.SOUTH KOREA MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 43.COMPARATIVE SHARE ANALYSIS OF MICROGRID MARKET, BY COUNTRY, 2020–2030(%)
FIGURE 44.LATIN AMERICA MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 45.MIDDLE EAST MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 46.AFRICA MICROGRID MARKET, 2020–2030 ($MILLION)
FIGURE 47.MARKET PLAYER POSITIONING, 2019
FIGURE 48.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 49.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 50.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 51.COMPETITIVE DASHBOARD
FIGURE 52.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 53.ABB GROUP, 2018–2020 ($MILLION)
FIGURE 54.ABB GROUP: REVENUE, 2018–2020 ($MILLION)
FIGURE 55.ABB GROUP: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 56.ABB: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 01.EATON CORPORATION.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 57.GENERAL ELECTRIC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 02.GENERAL ELECTRIC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 03.GENERAL ELECTRIC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 04.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 58.HONEYWELL: REVENUE, 2018–2020 ($MILLION)
FIGURE 59.HONEYWELL: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.SCHNEIDER ELECTRIC, 2018–2020 ($MILLION)
FIGURE 62.SCHNEIDER ELECTRIC: REVENUE, 2018–2020 ($MILLION)
FIGURE 63.SCHNEIDER ELECTRIC: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 64.SCHNEIDER ELECTRIC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 65.SIEMENS: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 66.SIEMENS AG: REVENUE, 2018–2020 ($MILLION)
FIGURE 67.SIEMENS : REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 68.SIEMENS : REVENUE SHARE, BY REGION, 2020 (%)
The microgrid market is highly competitive, owing to strong presence of existing vendors. Microgrid technology vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals as they have the capacity to cater to the global market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.
The microgrid market exhibits high growth potential in commercial and industrial sectors. The current business scenario is witnessing an increase in demand for energy, particularly in developing regions such as China and India, owing to surge in population and rise in demand for energy. Companies in this industry are adopting various innovative techniques, such as mergers and acquisitions to strengthen their business position in the competitive matrix.
The market growth is supplemented by proactive industrialization efforts and surge in manufacturing output, owing to technological advancements. These factors have allowed emerging markets to evolve as largest markets during the forecast period, both from the demand as well as the supply side. Public & private organizations have substantially invested in R&D activities and fabrication techniques to develop cost-effective microgrids. Asia-Pacific is the major revenue contributor to the global market, followed by Europe. The market growth in Asia-Pacific and Europe is expected to significantly increase during the forecast period. The microgrid market provides numerous growth opportunities to market players such as ABB, General Electric, Siemens, Eaton Corporation, and Honeywell. These companies are engaged in the process of product innovation, collaboration, and acquisition to expand their services across various regions.
The key players profiled in the report include ABB, General Electric, Siemens, Eaton Corporation, Honeywell, Schneider Electric, S&C Electric, Spirae Inc., Exelon Corporation, and Pareto Energy .
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