Microgrid Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_003560
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 7.93 |
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The Microgrid Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 25,674.89 million. The growth of the market depends on several factors, including the increasing demand for reliable and resilient power supply, the integration of renewable energy sources, and the need for efficient energy management systems. A microgrid refers to a localized power system that can operate independently or in conjunction with the main grid. It consists of distributed energy resources (DERs) such as solar panels, wind turbines, batteries, and generators, along with control systems and energy management software. Microgrids provide a range of benefits, including improved energy efficiency, reduced carbon emissions, and enhanced grid resilience.
Microgrid Market Overview
Drivers
One of the key factors driving the microgrid market growth is the increasing demand for reliable and resilient power supply. With the growing frequency and intensity of natural disasters and grid outages, there is a rising need for alternative power sources that can provide uninterrupted electricity supply. Microgrids offer a decentralized and self-sustaining solution by integrating renewable energy sources and energy storage systems. They can operate independently during grid outages, ensuring a reliable power supply to critical facilities such as hospitals, military bases, and data centers. Moreover, microgrids can also enhance the resilience of the main grid by providing backup power and reducing strain during peak demand periods. Hence, the demand for microgrids is expected to increase in regions prone to grid disruptions and extreme weather events.
Trends
A key trend shaping the microgrid market growth is the integration of advanced energy management systems. As the complexity of microgrids increases with the integration of multiple energy sources and storage systems, there is a growing need for intelligent control and optimization. Advanced energy management systems leverage artificial intelligence (AI) and machine learning (ML) algorithms to optimize energy generation, storage, and consumption in real-time. These systems can analyze data from various sources, including weather forecasts, energy prices, and demand patterns, to make informed decisions and maximize the efficiency of microgrid operations. Furthermore, the integration of advanced energy management systems enables microgrids to participate in demand response programs, grid balancing, and energy trading, creating new revenue streams and enhancing their economic viability.
Restraints:
One of the key challenges hindering the microgrid market growth is the high initial investment and complex integration process. The deployment of microgrids requires significant upfront capital investment, including the installation of renewable energy sources, energy storage systems, and control infrastructure. Additionally, the integration of various DERs and the coordination of their operations can be technically challenging, requiring expertise in power electronics, control systems, and grid integration. Moreover, regulatory barriers and lack of standardized frameworks for microgrid deployment can further impede market growth. However, with advancements in technology and supportive government policies, the cost of microgrid components is expected to decrease, making them more accessible to a wider range of end-users.
Microgrid Market Segmentation By Application
The commercial and industrial segment is estimated to witness significant growth during the forecast period. Microgrids offer numerous benefits to commercial and industrial facilities, including cost savings, energy independence, and enhanced power quality. Commercial and industrial microgrids can integrate renewable energy sources such as solar and wind, reducing reliance on grid electricity and lowering energy costs. Moreover, microgrids can provide backup power during grid outages, ensuring uninterrupted operations and preventing revenue losses. Industries such as manufacturing, healthcare, data centers, and hospitality can greatly benefit from the deployment of microgrids to improve energy efficiency, reduce carbon emissions, and enhance their sustainability credentials.
Microgrid Market Segmentation By Type
The renewable energy-based microgrid segment is expected to drive market growth during the forecast period. Renewable energy-based microgrids leverage solar, wind, hydro, or biomass as the primary energy sources. These microgrids offer several advantages, including reduced carbon emissions, energy cost savings, and environmental sustainability. The declining costs of renewable energy technologies, coupled with supportive government policies and incentives, are driving the adoption of renewable energy-based microgrids. Furthermore, the integration of energy storage systems enables renewable energy-based microgrids to store excess energy and provide a reliable power supply even during periods of low renewable energy generation.
Regional Overview
North America is estimated to contribute 38% to the growth of the global market during the forecast period. The region has a well-established electricity infrastructure and is witnessing increasing investments in microgrid projects. The United States, in particular, is experiencing a growing demand for resilient power solutions due to the frequent occurrence of natural disasters and grid outages. The deployment of microgrids in North America is supported by government initiatives, such as the Microgrid Grant Program by the Department of Energy, which provides funding for the development and demonstration of microgrid technologies. Moreover, the region has a favorable regulatory environment and a mature renewable energy market, driving the adoption of renewable energy-based microgrids.
In 2020, during the COVID-19 pandemic, the growth of the global microgrid market witnessed a temporary slowdown due to supply chain disruptions and project delays. However, as economies recover and governments prioritize investments in resilient infrastructure, the demand for microgrids is expected to rebound. The increasing focus on decarbonization and the transition to clean energy sources will further drive the market during the forecast period.
Microgrid Market Customer Landscape
The microgrid market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Microgrid Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd: The company offers microgrid solutions such as ABB Ability Microgrid Plus, ABB Ability e-mesh, and ABB Ability Symphony Plus.
Eaton Corporation: The company offers microgrid solutions such as Eaton EnergyAware UPS, Eaton Power Xpert Energy Optimizer, and Eaton Power Xpert Solar.
General Electric Company: The company offers microgrid solutions such as GE Resilient Power Modules, GE Grid IQ Microgrid Control System, and GE Energy Storage Systems.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Schneider Electric SE
- Siemens AG
- Honeywell International Inc.
- Lockheed Martin Corporation
- Spirae, LLC
- EnSync Energy Systems
- Advanced Microgrid Solutions
- S&C Electric Company
- PowerSecure International, Inc.
- ABB Ltd.
- Eaton Corporation
- General Electric Company
- Exelon Corporation
- NRG Energy, Inc.
- SunPower Corporation
- SolarCity Corporation
- Bloom Energy Corporation
- Enel X
- ENGIE SA
- NextEra Energy, Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The microgrid market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
o Commercial and Industrial
o Remote Systems
o Institutional and Campus
o Community and Utility
- Type Outlook (USD Million, 2019 - 2032)
o Renewable Energy-based Microgrid
o Diesel-based Microgrid
o Hybrid Microgrid
o Fuel Cell-based Microgrid
o Others
- Geography Outlook (USD Million, 2019 - 2032)
o North America
The U.S.
Canada
o Europe
U.K.
Germany
France
Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Argentina
- Brazil
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
Global Microgrid Market Research Report 2017
1 Microgrid Market Overview
1.1 Product Overview and Scope of Microgrid
1.2 Microgrid Segment by Type (Product Category)
1.2.1 Global Microgrid Production and CAGR (%) Comparison by Type (Product Category)(2012-2022)
1.2.2 Global Microgrid Production Market Share by Type (Product Category) in 2016
1.2.3 AC
1.2.4 DC
1.2.5 Hybrid Microgrid
1.3 Global Microgrid Segment by Application
1.3.1 Microgrid Consumption (Sales) Comparison by Application (2012-2022)
1.3.2 Grid Connected
1.3.3 Remote/ Island
1.4 Global Microgrid Market by Region (2012-2022)
1.4.1 Global Microgrid Market Size (Value) and CAGR (%) Comparison by Region (2012-2022)
1.4.2 North America Status and Prospect (2012-2022)
1.4.3 Europe Status and Prospect (2012-2022)
1.4.4 China Status and Prospect (2012-2022)
1.4.5 Japan Status and Prospect (2012-2022)
1.4.6 Southeast Asia Status and Prospect (2012-2022)
1.4.7 India Status and Prospect (2012-2022)
1.5 Global Market Size (Value) of Microgrid (2012-2022)
1.5.1 Global Microgrid Revenue Status and Outlook (2012-2022)
1.5.2 Global Microgrid Capacity, Production Status and Outlook (2012-2022)
2 Global Microgrid Market Competition by Manufacturers
2.1 Global Microgrid Capacity, Production and Share by Manufacturers (2012-2017)
2.1.1 Global Microgrid Capacity and Share by Manufacturers (2012-2017)
2.1.2 Global Microgrid Production and Share by Manufacturers (2012-2017)
2.2 Global Microgrid Revenue and Share by Manufacturers (2012-2017)
2.3 Global Microgrid Average Price by Manufacturers (2012-2017)
2.4 Manufacturers Microgrid Manufacturing Base Distribution, Sales Area and Product Type
2.5 Microgrid Market Competitive Situation and Trends
2.5.1 Microgrid Market Concentration Rate
2.5.2 Microgrid Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Microgrid Capacity, Production, Revenue (Value) by Region (2012-2017)
3.1 Global Microgrid Capacity and Market Share by Region (2012-2017)
3.2 Global Microgrid Production and Market Share by Region (2012-2017)
3.3 Global Microgrid Revenue (Value) and Market Share by Region (2012-2017)
3.4 Global Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.5 North America Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.6 Europe Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.7 China Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.8 Japan Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.9 Southeast Asia Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
3.10 India Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
4 Global Microgrid Supply (Production), Consumption, Export, Import by Region (2012-2017)
4.1 Global Microgrid Consumption by Region (2012-2017)
4.2 North America Microgrid Production, Consumption, Export, Import (2012-2017)
4.3 Europe Microgrid Production, Consumption, Export, Import (2012-2017)
4.4 China Microgrid Production, Consumption, Export, Import (2012-2017)
4.5 Japan Microgrid Production, Consumption, Export, Import (2012-2017)
4.6 Southeast Asia Microgrid Production, Consumption, Export, Import (2012-2017)
4.7 India Microgrid Production, Consumption, Export, Import (2012-2017)
5 Global Microgrid Production, Revenue (Value), Price Trend by Type
5.1 Global Microgrid Production and Market Share by Type (2012-2017)
5.2 Global Microgrid Revenue and Market Share by Type (2012-2017)
5.3 Global Microgrid Price by Type (2012-2017)
5.4 Global Microgrid Production Growth by Type (2012-2017)
6 Global Microgrid Market Analysis by Application
6.1 Global Microgrid Consumption and Market Share by Application (2012-2017)
6.2 Global Microgrid Consumption Growth Rate by Application (2012-2017)
6.3 Market Drivers and Opportunities
6.3.1 Potential Applications
6.3.2 Emerging Markets/Countries
7 Global Microgrid Manufacturers Profiles/Analysis
7.1 ABB
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2 Microgrid Product Category, Application and Specification
7.1.2.1 Product A
7.1.2.2 Product B
7.1.3 ABB Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.1.4 Main Business/Business Overview
7.2 General Electric
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.2.2 Microgrid Product Category, Application and Specification
7.2.2.1 Product A
7.2.2.2 Product B
7.2.3 General Electric Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.2.4 Main Business/Business Overview
7.3 Eaton Corporation
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.3.2 Microgrid Product Category, Application and Specification
7.3.2.1 Product A
7.3.2.2 Product B
7.3.3 Eaton Corporation Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.3.4 Main Business/Business Overview
7.4 Siemens AG
7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.4.2 Microgrid Product Category, Application and Specification
7.4.2.1 Product A
7.4.2.2 Product B
7.4.3 Siemens AG Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.4.4 Main Business/Business Overview
7.5 Exelon Corporation
7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.5.2 Microgrid Product Category, Application and Specification
7.5.2.1 Product A
7.5.2.2 Product B
7.5.3 Exelon Corporation Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.5.4 Main Business/Business Overview
7.6 Schneider Electric
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.6.2 Microgrid Product Category, Application and Specification
7.6.2.1 Product A
7.6.2.2 Product B
7.6.3 Schneider Electric Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.6.4 Main Business/Business Overview
7.7 Caterpillar
7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.7.2 Microgrid Product Category, Application and Specification
7.7.2.1 Product A
7.7.2.2 Product B
7.7.3 Caterpillar Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.7.4 Main Business/Business Overview
7.8 Power Analytics Corporation
7.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.8.2 Microgrid Product Category, Application and Specification
7.8.2.1 Product A
7.8.2.2 Product B
7.8.3 Power Analytics Corporation Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.8.4 Main Business/Business Overview
7.9 HOMER Energy
7.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.9.2 Microgrid Product Category, Application and Specification
7.9.2.1 Product A
7.9.2.2 Product B
7.9.3 HOMER Energy Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.9.4 Main Business/Business Overview
7.10 S&C Electric Company
7.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.10.2 Microgrid Product Category, Application and Specification
7.10.2.1 Product A
7.10.2.2 Product B
7.10.3 S&C Electric Company Microgrid Capacity, Production, Revenue, Price and Gross Margin (2012-2017)
7.10.4 Main Business/Business Overview
8 Microgrid Manufacturing Cost Analysis
8.1 Microgrid Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Microgrid
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Microgrid Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Microgrid Major Manufacturers in 2015
9.4 Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List
11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
12 Global Microgrid Market Forecast (2017-2022)
12.1 Global Microgrid Capacity, Production, Revenue Forecast (2017-2022)
12.1.1 Global Microgrid Capacity, Production and Growth Rate Forecast (2017-2022)
12.1.2 Global Microgrid Revenue and Growth Rate Forecast (2017-2022)
12.1.3 Global Microgrid Price and Trend Forecast (2017-2022)
12.2 Global Microgrid Production, Consumption , Import and Export Forecast by Region (2017-2022)
12.2.1 North America Microgrid Production, Revenue, Consumption, Export and Import Forecast (2017-2022)
12.2.2 Europe Microgrid Production, Revenue, Consumption, Export and Import Forecast (2017-2022)
12.2.3 China Microgrid Production, Revenue, Consumption, Export and Import Forecast (2017-2022)
12.2.4 Japan Microgrid Production, Revenue, Consumption, Export and Import Forecast (2017-2022)
12.2.5 Southeast Asia Microgrid Production, Revenue, Consumption, Export and Import Forecast (2017-2022)
12.2.6 India Microgrid Production, Revenue, Consumption, Export and Import Forecast (2017-2022)
12.3 Global Microgrid Production, Revenue and Price Forecast by Type (2017-2022)
12.4 Global Microgrid Consumption Forecast by Application (2017-2022)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
Figure Picture of Microgrid
Figure Global Microgrid Production (Units) and CAGR (%) Comparison by Types (Product Category) (2012-2022)
Figure Global Microgrid Production Market Share by Types (Product Category) in 2016
Figure Product Picture of AC
Table Major Manufacturers of AC
Figure Product Picture of DC
Table Major Manufacturers of DC
Figure Product Picture of Hybrid Microgrid
Table Major Manufacturers of Hybrid Microgrid
Figure Global Microgrid Consumption (Units) by Applications (2012-2022)
Figure Global Microgrid Consumption Market Share by Applications in 2016
Figure Grid Connected Examples
Table Key Downstream Customer in Grid Connected
Figure Remote/ Island Examples
Table Key Downstream Customer in Remote/ Island
Figure Global Microgrid Market Size (Million USD), Comparison (Units) and CAGR (%) by Regions (2012-2022)
Figure North America Microgrid Revenue (Million USD) and Growth Rate (2012-2022)
Figure Europe Microgrid Revenue (Million USD) and Growth Rate (2012-2022)
Figure China Microgrid Revenue (Million USD) and Growth Rate (2012-2022)
Figure Japan Microgrid Revenue (Million USD) and Growth Rate (2012-2022)
Figure Southeast Asia Microgrid Revenue (Million USD) and Growth Rate (2012-2022)
Figure India Microgrid Revenue (Million USD) and Growth Rate (2012-2022)
Figure Global Microgrid Revenue (Million USD) Status and Outlook (2012-2022)
Figure Global Microgrid Capacity, Production (Units) Status and Outlook (2012-2022)
Figure Global Microgrid Major Players Product Capacity (Units) (2012-2017)
Table Global Microgrid Capacity (Units) of Key Manufacturers (2012-2017)
Table Global Microgrid Capacity Market Share of Key Manufacturers (2012-2017)
Figure Global Microgrid Capacity (Units) of Key Manufacturers in 2016
Figure Global Microgrid Capacity (Units) of Key Manufacturers in 2017
Figure Global Microgrid Major Players Product Production (Units) (2012-2017)
Table Global Microgrid Production (Units) of Key Manufacturers (2012-2017)
Table Global Microgrid Production Share by Manufacturers (2012-2017)
Figure 2016 Microgrid Production Share by Manufacturers
Figure 2017 Microgrid Production Share by Manufacturers
Figure Global Microgrid Major Players Product Revenue (Million USD) (2012-2017)
Table Global Microgrid Revenue (Million USD) by Manufacturers (2012-2017)
Table Global Microgrid Revenue Share by Manufacturers (2012-2017)
Table 2016 Global Microgrid Revenue Share by Manufacturers
Table 2017 Global Microgrid Revenue Share by Manufacturers
Table Global Market Microgrid Average Price (K USD/Unit) of Key Manufacturers (2012-2017)
Figure Global Market Microgrid Average Price (K USD/Unit) of Key Manufacturers in 2016
Table Manufacturers Microgrid Manufacturing Base Distribution and Sales Area
Table Manufacturers Microgrid Product Category
Figure Microgrid Market Share of Top 3 Manufacturers
Figure Microgrid Market Share of Top 5 Manufacturers
Table Global Microgrid Capacity (Units) by Region (2012-2017)
Figure Global Microgrid Capacity Market Share by Region (2012-2017)
Figure Global Microgrid Capacity Market Share by Region (2012-2017)
Figure 2016 Global Microgrid Capacity Market Share by Region
Table Global Microgrid Production by Region (2012-2017)
Figure Global Microgrid Production (Units) by Region (2012-2017)
Figure Global Microgrid Production Market Share by Region (2012-2017)
Figure 2016 Global Microgrid Production Market Share by Region
Table Global Microgrid Revenue (Million USD) by Region (2012-2017)
Table Global Microgrid Revenue Market Share by Region (2012-2017)
Figure Global Microgrid Revenue Market Share by Region (2012-2017)
Table 2016 Global Microgrid Revenue Market Share by Region
Figure Global Microgrid Capacity, Production (Units) and Growth Rate (2012-2017)
Table Global Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table North America Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table Europe Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table China Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table Japan Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table Southeast Asia Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table India Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Table Global Microgrid Consumption (Units) Market by Region (2012-2017)
Table Global Microgrid Consumption Market Share by Region (2012-2017)
Figure Global Microgrid Consumption Market Share by Region (2012-2017)
Figure 2016 Global Microgrid Consumption (Units) Market Share by Region
Table North America Microgrid Production, Consumption, Import & Export (Units) (2012-2017)
Table Europe Microgrid Production, Consumption, Import & Export (Units) (2012-2017)
Table China Microgrid Production, Consumption, Import & Export (Units) (2012-2017)
Table Japan Microgrid Production, Consumption, Import & Export (Units) (2012-2017)
Table Southeast Asia Microgrid Production, Consumption, Import & Export (Units) (2012-2017)
Table India Microgrid Production, Consumption, Import & Export (Units) (2012-2017)
Table Global Microgrid Production (Units) by Type (2012-2017)
Table Global Microgrid Production Share by Type (2012-2017)
Figure Production Market Share of Microgrid by Type (2012-2017)
Figure 2016 Production Market Share of Microgrid by Type
Table Global Microgrid Revenue (Million USD) by Type (2012-2017)
Table Global Microgrid Revenue Share by Type (2012-2017)
Figure Production Revenue Share of Microgrid by Type (2012-2017)
Figure 2016 Revenue Market Share of Microgrid by Type
Table Global Microgrid Price (K USD/Unit) by Type (2012-2017)
Figure Global Microgrid Production Growth by Type (2012-2017)
Table Global Microgrid Consumption (Units) by Application (2012-2017)
Table Global Microgrid Consumption Market Share by Application (2012-2017)
Figure Global Microgrid Consumption Market Share by Applications (2012-2017)
Figure Global Microgrid Consumption Market Share by Application in 2016
Table Global Microgrid Consumption Growth Rate by Application (2012-2017)
Figure Global Microgrid Consumption Growth Rate by Application (2012-2017)
Table ABB Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table ABB Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure ABB Microgrid Production Growth Rate (2012-2017)
Figure ABB Microgrid Production Market Share (2012-2017)
Figure ABB Microgrid Revenue Market Share (2012-2017)
Table General Electric Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table General Electric Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure General Electric Microgrid Production Growth Rate (2012-2017)
Figure General Electric Microgrid Production Market Share (2012-2017)
Figure General Electric Microgrid Revenue Market Share (2012-2017)
Table Eaton Corporation Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Eaton Corporation Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure Eaton Corporation Microgrid Production Growth Rate (2012-2017)
Figure Eaton Corporation Microgrid Production Market Share (2012-2017)
Figure Eaton Corporation Microgrid Revenue Market Share (2012-2017)
Table Siemens AG Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Siemens AG Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure Siemens AG Microgrid Production Growth Rate (2012-2017)
Figure Siemens AG Microgrid Production Market Share (2012-2017)
Figure Siemens AG Microgrid Revenue Market Share (2012-2017)
Table Exelon Corporation Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Exelon Corporation Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure Exelon Corporation Microgrid Production Growth Rate (2012-2017)
Figure Exelon Corporation Microgrid Production Market Share (2012-2017)
Figure Exelon Corporation Microgrid Revenue Market Share (2012-2017)
Table Schneider Electric Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Schneider Electric Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure Schneider Electric Microgrid Production Growth Rate (2012-2017)
Figure Schneider Electric Microgrid Production Market Share (2012-2017)
Figure Schneider Electric Microgrid Revenue Market Share (2012-2017)
Table Caterpillar Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Caterpillar Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure Caterpillar Microgrid Production Growth Rate (2012-2017)
Figure Caterpillar Microgrid Production Market Share (2012-2017)
Figure Caterpillar Microgrid Revenue Market Share (2012-2017)
Table Power Analytics Corporation Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table Power Analytics Corporation Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure Power Analytics Corporation Microgrid Production Growth Rate (2012-2017)
Figure Power Analytics Corporation Microgrid Production Market Share (2012-2017)
Figure Power Analytics Corporation Microgrid Revenue Market Share (2012-2017)
Table HOMER Energy Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table HOMER Energy Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure HOMER Energy Microgrid Production Growth Rate (2012-2017)
Figure HOMER Energy Microgrid Production Market Share (2012-2017)
Figure HOMER Energy Microgrid Revenue Market Share (2012-2017)
Table S&C Electric Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
Table S&C Electric Company Microgrid Capacity, Production (Units), Revenue (Million USD), Price (K USD/Unit) and Gross Margin (2012-2017)
Figure S&C Electric Company Microgrid Production Growth Rate (2012-2017)
Figure S&C Electric Company Microgrid Production Market Share (2012-2017)
Figure S&C Electric Company Microgrid Revenue Market Share (2012-2017)
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Microgrid
Figure Manufacturing Process Analysis of Microgrid
Figure Microgrid Industrial Chain Analysis
Table Raw Materials Sources of Microgrid Major Manufacturers in 2016
Table Major Buyers of Microgrid
Table Distributors/Traders List
Figure Global Microgrid Capacity, Production (Units) and Growth Rate Forecast (2017-2022)
Figure Global Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure Global Microgrid Price (Million USD) and Trend Forecast (2017-2022)
Table Global Microgrid Production (Units) Forecast by Region (2017-2022)
Figure Global Microgrid Production Market Share Forecast by Region (2017-2022)
Table Global Microgrid Consumption (Units) Forecast by Region (2017-2022)
Figure Global Microgrid Consumption Market Share Forecast by Region (2017-2022)
Figure North America Microgrid Production (Units) and Growth Rate Forecast (2017-2022)
Figure North America Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table North America Microgrid Production, Consumption, Export and Import (Units) Forecast (2017-2022)
Figure Europe Microgrid Production (Units) and Growth Rate Forecast (2017-2022)
Figure Europe Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table Europe Microgrid Production, Consumption, Export and Import (Units) Forecast (2017-2022)
Figure China Microgrid Production (Units) and Growth Rate Forecast (2017-2022)
Figure China Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table China Microgrid Production, Consumption, Export and Import (Units) Forecast (2017-2022)
Figure Japan Microgrid Production (Units) and Growth Rate Forecast (2017-2022)
Figure Japan Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table Japan Microgrid Production, Consumption, Export and Import (Units) Forecast (2017-2022)
Figure Southeast Asia Microgrid Production (Units) and Growth Rate Forecast (2017-2022)
Figure Southeast Asia Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table Southeast Asia Microgrid Production, Consumption, Export and Import (Units) Forecast (2017-2022)
Figure India Microgrid Production (Units) and Growth Rate Forecast (2017-2022)
Figure India Microgrid Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Table India Microgrid Production, Consumption, Export and Import (Units) Forecast (2017-2022)
Table Global Microgrid Production (Units) Forecast by Type (2017-2022)
Figure Global Microgrid Production (Units) Forecast by Type (2017-2022)
Table Global Microgrid Revenue (Million USD) Forecast by Type (2017-2022)
Figure Global Microgrid Revenue Market Share Forecast by Type (2017-2022)
Table Global Microgrid Price Forecast by Type (2017-2022)
Table Global Microgrid Consumption (Units) Forecast by Application (2017-2022)
Figure Global Microgrid Consumption (Units) Forecast by Application (2017-2022)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Source
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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