Microgrid Market: Government Emphasis on Renewable Energy Resources Driving Demand by IndustryARC

Microgrid Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com

Microgrid Market 2019-2024

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Press Release The global microgrid market size approximately $20 billion as of 2018, and its value is estimated to grow at a healthy CAGR of 12% during the forecast period 2019-2025. The analyst of the report foresees increasing governmental efforts on harnessing and promoting renewable energy concepts, radical expansion of commercial infrastructure across urban parts of the emerging economies, and technological advancements that are now gaining confidence of end users as the three key factors augmenting the demand in the global microgrid market. Additionally, the microgrid market trend identified in the report is investment on electric vehicle charging infrastructure. The report is titled: “ Microgrid Market: By Grid Type (Grid-Connected, Remote/ Island, Hybrid); By Component (Generation, Switch Gear, Controls, Cables, Software & Services); By Vertical (Government & Education, Residential & Commercial and others) & By Region - Forecast (2019-2025).” The report also highlights the prosperity of the microgrid market in the healthcare industry, wherein consistent power supply is paramount. The industry feeds non-stop demand for lights, heating and cooling, hot water and steam for equipment sterilization, and refrigeration for temperature-sensitive medications. The IndustryARC report projects the healthcare end use segment of the global microgrid market to increment at an above-average CAGR of 14% during the aforementioned forecast period. Geographically, Americas has been noted as most profitable region, generating approximately 36% of the global demand as of 2018. Browse 64 Market Tables, 177 Figures spread through 148 slides and an in-depth TOC “Microgrid Market (2019 - 2025)” Microgrid Market Product Analysis: To provide a suitable climate for the future generation after decades of ill-usage of fossil fuel resources and thereby leading to the rise in global temperature has encouraged countries to come together and adopt measures to protect the environment. Encouraging carbon free electricity usage in transportation and industries will be a promising step to create pollution free and clean environment. Microgrid comprises of interconnected loads and distributed energy resources (DERs) within electrical boundaries. It plays a prominent role in rural electrification. Reliable microgrids are extensively used in hospitals and data centers due to their high quality power supply. Distributed generators such as diesel engines, microturbines, and fuel cells improves resilience of microgrid which empowers renewable electricity and helpful in decreasing greenhouse emissions. Microgrid integration with renewable energy resources provides uninterruptable power supply which is an effective way to meet the increasing energy demand. Microgrids comprises of photovoltaics, wind turbines, a battery energy storage system (BESS), and two diesel generators. Grid-connected and islanded modes are the two operational modes that optimize the microgrid operation in a highly digital modern world. Microgrid Market – Companies Latest Developments: ABB Ltd, Eaton Corporation PLC, General Electric, Siemens AG, Exelon Corporation, Honeywell Corporation, Homer Energy, S&C Electric, Schneider Electric and Power Analytics are some of the major original equipment manufacturers operating in the Microgrid ecosystem. In February 2019, an agreement was announced between ABB Ltd and SUSI Partners AG. SUSI provided a fund amount of $113 million to enhance the storage and microgrid activity in power and automation. This partnership mainly targeted to support and finance the energy evolution with their individual capabilities, and get ahead of the curve in the global microgrid

Microgrid Market

market. In April 2018, ABB Ltd provided a microgrid solution to support a gas-fired power station. This innovative plug and play microgrid solution increases the energy efficiency, reduces the environmental impact, optimizes and automate the operations involved in the process In March 2018, the collaboration of Nanyang Technological University Singapore (NTU) with industrial partners namely General Electric aimed to focus on rural electrification and crave a niche in the microgrid market. As a part of it, Renewable Energy Integration Demonstrator Singapore (REIDS) microgrid pilot project was proposed by NTU to alter the lines of millions of people in Association of Southeast Asian Nations (ASEAN). More than 125 million people in ASEAN donâ&#x20AC;&#x2122;t have access to reliable energy services in addition to this 25,000 islands are dependent on diesel to power their homes and businesses. GEâ&#x20AC;&#x2122;s microgrid controller technology plays a vital role in enabling the power by handling various DERs, and loads. Microgrid is an imperative solution for a clean energy future, which uses cheapest sources namely renewable energy sources to produce electricity. Enormous applications of microgrid for effective power generation coupled with rising demand from the healthcare sector is estimated to fuel the growth of microgrid market in the near future. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=16322 Related Reports: Power Substation Automation & Integration Market: By Module (IED, RTU, BCU, SCADA); By Communication (Wired, Wireless); By Type (Transmission, Distribution); By End-user (Utility, Industries); By Stage (Retrofit, New) & By Region - Forecast(2018 - 2023) https://industryarc.com/Report/16330/power-substation-automation-integration-market.html Smart Cities Market: By Background; By Technology; By Planning and Management; By Solutions; By Infrastructure; By Support; By Applications; By Functional area; By Trends & By Geography Forecast(2018-2023) https://industryarc.com/Report/1289/smart-cities-market-analysis.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

Microgrid Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

Table of Contents 1. Microgrid Market - Overview 1.1. Definitions and Scope 2. Microgrid Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Microgrid Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Microgrid Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Microgrid Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Microgrid Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Microgrid Market - Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Microgrid Market – By Grid Type (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. Grid-Connected 8.3.2. Remote/ Island 8.3.3. Hybrid 9. Microgrid Market – By Component (Market Size -$Million / $Billion) 9.1. Generation

Microgrid Market

9.2. Switch Gear 9.3. Controls 9.4. Cables 9.5. Software & Services 10. Microgrid Market â&#x20AC;&#x201C; By Vertical (Market Size -$Million / $Billion) 10.1. Government & Education 10.2. Residential & Commercial 10.3. Industrial 10.3. Military 10.3. Utility Others 11. Microgrid - By Geography (Market Size -$Million / $Billion) 11.1. Microgrid Market - North America Segment Research 11.2. North America Market Research (Million / $Billion) 11.2.1. Segment type Size and Market Size Analysis 11.2.2. Revenue and Trends 11.2.3. Application Revenue and Trends by type of Application 11.2.4. Company Revenue and Product Analysis 11.2.5. North America Product type and Application Market Size 11.2.5.1. U.S. 11.2.5.2. Canada 11.2.5.3. Mexico 11.2.5.4. Rest of North America 11.3. Microgrid - South America Segment Research 11.4. South America Market Research (Market Size -$Million / $Billion) 11.4.1. Segment type Size and Market Size Analysis 11.4.2. Revenue and Trends 11.4.3. Application Revenue and Trends by type of Application 11.4.4. Company Revenue and Product Analysis 11.4.5. South America Product type and Application Market Size 11.4.5.1. Brazil 11.4.5.2. Venezuela 11.4.5.3. Argentina 11.4.5.4. Ecuador 11.4.5.5. Peru 11.4.5.6. Colombia 11.4.5.7. Costa Rica 11.4.5.8. Rest of South America 11.5. Microgrid - Europe Segment Research 11.6. Europe Market Research (Market Size -$Million / $Billion) 11.6.1. Segment type Size and Market Size Analysis 11.6.2. Revenue and Trends 11.6.3. Application Revenue and Trends by type of Application 11.6.4. Company Revenue and Product Analysis 11.6.5. Europe Segment Product type and Application Market Size 11.6.5.1. U.K 11.6.5.2. Germany 11.6.5.3. Italy 11.6.5.4. France 11.6.5.5. Netherlands 11.6.5.6. Belgium 11.6.5.7. Spain 11.6.5.8. Denmark 11.6.5.9. Rest of Europe 11.7. Microgrid â&#x20AC;&#x201C; APAC Segment Research 11.8. APAC Market Research (Market Size -$Million / $Billion) 11.8.1. Segment type Size and Market Size Analysis 11.8.2. Revenue and Trends

Microgrid Market

11.8.3. Application Revenue and Trends by type of Application 11.8.4. Company Revenue and Product Analysis 11.8.5. APAC Segment – Product type and Application Market Size 11.8.5.1. China 11.8.5.2. Australia 11.8.5.3. Japan 11.8.5.4. South Korea 11.8.5.5. India 11.8.5.6. Taiwan 11.8.5.7. Malaysia 12. Microgrid Market - Entropy 12.1. New product launches 12.2. M&A's, collaborations, JVs and partnerships 13. Microgrid Market – Industry / Segment Competition landscape 13.1. Market Share Analysis 13.1.1. Market Share by Country- Top companies 13.1.2. Market Share by Region- Top 10 companies 13.1.3. Market Share by type of Application – Top 10 companies 13.1.4. Market Share by type of Product / Product category- Top 10 companies 13.1.5. Market Share at global level- Top 10 companies 13.1.6. Best Practises for companies 14. Microgrid Market – Key Company List by Country 15. Microgrid Market Company Analysis 15.1. Market Share, Company Revenue, Products, M&A, Developments 15.2. ABB Ltd. 15.3. Eaton Corporation PLC 15.4. General Electric 15.5. Siemens AG 15.6. Exelon Corporation 15.7. Company 6 15.8. Company 7 15.9. Company 8 15.10. Company 9 15.11. Company 10 and More "*Financials would be provided on a best efforts basis for private companies" 16. Microgrid Market -Appendix 16.1. Abbreviations 16.2. Sources 17. Microgrid Market -Methodology 17.1. Research Methodology 17.1.1. Company Expert Interviews 17.1.2. Industry Databases 17.1.3. Associations 17.1.4. Company News 17.1.5. Company Annual Reports 17.1.6. Application Trends 17.1.7. New Products and Product database 17.1.8. Company Transcripts 17.1.9. R&D Trends 17.1.10. Key Opinion Leaders Interviews 17.1.11. Supply and Demand Trends

Microgrid Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

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Microgrid Market

Industry Market Research for Business Leaders, Strategists, Decision Makers

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Microgrid Market