Microgrid Market Research, 2030

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. 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 from 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 the reduction of harmful emissions, resulting in optimal use of renewable resources, improved efficiency, and long-term, predictable energy costs.     

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Growth in demand for reliable and secure power supply in commercial and industrial sectors across the globe, coupled with government initiatives taken to reduce carbon footprint, is expected to fuel the microgrid market growth. Moreover, the 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.

Factors such as growth in the development of smart cities, an increase in demand, growth of rugged lot, and rise in adoption of ruggedized computers are expected to drive the growth of the market in the future. However, the high production cost of rugged devices acts as a major barrier and hampers market growth. Furthermore, the rise in the need for hard and reliable electrical equipment for the military and aerospace industries is expected to offer lucrative opportunities for the microgrid market growth.

Key Takeaways

• The global microgrid market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
• More than 1,500 product literature, industry releases, annual reports, and other such documents of major microgrid market industry participants, along with authentic industry journals, trade associations' releases, and government websites, have been reviewed to generate high-value industry insights.
• The study integrated high-quality data, professional opinions, analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global microgrid markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.

Segmentation Overview

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 microgrids. By end user, it is categorized into commercial & industrial, government, healthcare, remote, utility, and others. By region, the microgrid market is analyzed across North America, Europe, Asia-Pacific, and LAMEA, along with their prominent countries.

[CONNECTIVITYGRAPH]

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. 

[TYPEGRAPH]

Key Market Dynamics

The microgrid market is driven by increasing demand for reliable, resilient energy systems, particularly in areas prone to grid instability and outages. Rising integration of renewable energy sources, such as solar and wind, also propels growth as microgrids offer localized power generation. Government policies and incentives promoting clean energy further boost adoption.

However, the market faces restraints such as high initial capital costs and complexity in system integration, especially for smaller, remote applications. Regulatory challenges related to grid interconnection and energy management may also hinder progress.

There are opportunities in developing regions with unreliable power infrastructure and urban centers seeking energy independence. Additionally, advancements in energy storage technologies and digitalization, such as IoT-based energy management, open doors for more efficient and scalable microgrid solutions.

Regional/Country Market Outlook

The global microgrid market share is experiencing substantial growth, with Asia-Pacific playing a pivotal role in this expansion. Asia-Pacific leads the market, propelled by rapid urbanization, rising energy demand, and government initiatives supporting renewable energy integration. Countries like China, India, and Japan invest heavily in microgrids to enhance grid reliability and energy access, driving regional growth. Then, North America follows its advanced energy infrastructure, growing adoption of renewable energy, and strong government support. The U.S. leads with military, industrial, and community microgrids, while investments in grid resilience and clean energy targets further drive microgrid deployment across the region.

• In September 2024, JFK International Airport in New York started constructing the largest airport solar array in the U.S., featuring 13,000 solar panels on the roof of its new Terminal One building. This project includes a novel microgrid that will use fuel cells, a battery energy storage system, and the largest solar array in New York City to power daily operations.
• In January 2024, Tencent launched a solar-powered microgrid at its Tianjin High-Tech Cloud Data Center. This microgrid, equipped with 10.54 MW of solar panels, generates enough electricity to power 6,000 households annually
• In July 2023, the U.S. Department of Energy announced a $14.7 million funding opportunity for microgrid technologies aimed at underserved and Indigenous communities. This initiative focuses on bringing reliable, resilient, and clean energy to remote, rural, and islanded regions.

[ENDUSERGRAPH]

Top Impacting Factors

The significant factors that impact the global microgrid market growth include increasing demand in remote areas and backup for Military bases, and stringent government initiatives to reduce carbon footprints. In addition, High installation and maintenance costs for microgrids. Moreover, the growing demand for microgrids in Commercial and industrial sectors for reliable and uninterrupted power and electricity supply, rapid industrialization, and increasing demand for power have 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 market growth in the coming years.

[REGIONGRAPH]

Report Coverage & Deliverables

This report delivers in-depth insights into the microgrid market, covering connectivity, types, end users, and key strategies employed by major players. It offers detailed market forecasts and emerging trends.

Connectivity Type Insights

Grid-connected microgrids operate in a branch with the main utility grid, enhancing stability and enabling energy sharing. They are preferred in urban and industrial areas. Off-grid microgrids function independently, providing power to remote locations with limited grid access, such as islands and rural communities. Off-grid systems are gaining traction due to their potential for renewable energy integration.

Type Insights

AC microgrids utilize alternating current for efficient integration with existing grid systems, making them ideal for urban areas. DC microgrids cater to renewable sources and electronic loads, enhancing energy efficiency. Hybrid microgrids combine AC and DC systems, offering flexibility and resilience, accommodating diverse energy sources, and optimizing overall performance.

End User Insights

Commercial and industrial sectors seek reliable energy solutions for efficiency, while government entities prioritize sustainability and resilience. Healthcare facilities require uninterrupted power for critical services. Remote areas benefit from enhanced energy access, and utilities focus on grid stability, with other users including educational and military applications, emphasizing energy independence.

Regional Insights

Asia-Pacific dominates the microgrid market due to rapid urbanization and renewable energy investments, especially in China and India. North America follows, driven by advancements in grid infrastructure and resilience initiatives.

Key Strategies and Developments

• In March 2022, Honeywell partnered with Duke Energy Sustainable Solutions to develop and deploy microgrid solutions across U.S. communities. This strategic alliance aims to improve energy resiliency by integrating distributed energy resources, such as solar photovoltaic (PV) systems and battery energy storage, with Honeywell’s Smart Cities Software.

Key Benefits for Stakeholders

• This study comprises an analytical depiction of the microgrid market size and opportunity, along with current trends and future estimations to depict imminent investment pockets.
• The overall market analysis is determined to understand profitable trends to gain a stronger foothold. 
• The report presents information related to key drivers, restraints, size, and microgrid market opportunities with a detailed impact analysis.
• The microgrid market outlook forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 
• Porter’s five forces analysis illustrates the potency of buyers and the microgrid market forecast of key vendors.
• The report includes the industry trends and the microgrid market share of key vendors.

 Key Market Segments

• By Connectivity
  • Grid connected
  • Off-grid connected
• By Type
  • AC microgrids
  • DC microgrids
  • Hybrid Microgrids
• By end user
  • Commercial and Industrial
  • Government
  • Healthcare
  • Remote
  • .Utility
  • Others
• By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 
Key Market Players

• HONEYWELL
• EATON CORPORATION
• EXELON CORPORATION
• SPIRAE INC.
• SIEMENS
• S&C ELECTRIC
• Schneider Electric
• PARETO ENERGY
• GENERAL ELECTRIC
• ABB Group

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 (%)