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Global Microgrid Market – By Grid Type (DC Microgrid and AC Microgrid), By Connectivity (Off-Grid and Grid Connected), By Storage (Lead Acid, Lithium-ion, Flywheel, Flow Batteries, and Others), By Power Source (Natural Gas, Diesel Generator, Solar PV, CHP, and Others), By Application (Utility, Military, Educational Institutes, Healthcare, Remote, Industrial/Commercial, and Others), and By Region: Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Published Date: 26-Feb-2020 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-5304 Status : Published

Global demand for the microgrid market exceeded USD 10 Billion in 2019 and is projected to reach more than USD 25 Billion in 2025, proliferating at a CAGR of nearly 20% between 2019 and 2025.

Description

This report analyzes and estimates the microgrid market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the microgrid market drivers and restraints along with their impact analysis at a global level from 2015 to 2025.

The report covers an in-depth analysis of the strategies adopted by major competitors in the global microgrid market. To understand the competitive landscape in the microgrid market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.

The research study provides a decisive view on the global microgrid market based on grid type, connectivity, storage, power source, application, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.

Microgrid-Market

Recent government norms are endorsing the use of highly efficient and renewable power-generating sources that would considerably fuel the demand for natural gas power sources. Owing to the surging demand, the segment is likely to hold the major share of the global microgrid market during the forecast period. Moreover, the growing concerns over fuel diversification have strengthened the social & economic basis for the energy transition, which in turn has propelled the “natural gas” segment of the global sector.

The report encompasses the comprehensive analytical study of the global microgrid market by segmenting it on the basis of grid type, connectivity, storage, power source, application, and region. Based on the grid type, the global microgrid market is categorized into DC microgrid and AC microgrid. Connectivity-wise, the industry is bifurcated into off-grid and grid connected. On the basis of storage, the sector is divided into lead acid, lithium-ion, flywheel, flow batteries, and others. By power source, the global market is classified into natural gas, diesel generator, solar PV, CHP, and others. Based on the application, the market is segmented into utility, military, educational institutes, healthcare, remote, industrial/commercial, and others. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.

Some of the essential players flourishing the global microgrid market, but not restricted to include Schneider Electric SE, Lockheed Martin Corporation, Toshiba Corporation, Eaton Corporation, Homer Energy LLC, Viridity Energy Inc., GE Alstom, Exelon Corporation, Caterpillar Inc., Honeywell International, Tesla, Siemens AG, Hitachi, ABB, EnSync Energy Systems, and Advanced Microgrid Solutions.

The global microgrid market is segmented as:

Global Microgrid Market: By Grid Type Segmentation Analysis

  • DC Microgrid
  • AC Microgrid

Global Microgrid Market: By Connectivity Segmentation Analysis

  • Off-Grid
  • Grid Connected

Global Microgrid Market: By Storage Segmentation Analysis

  • Lead Acid
  • Lithium-ion
  • Flywheel
  • Flow batteries
  • Others

Global Microgrid Market: By Power Source Segmentation Analysis

  • Natural Gas
  • Diesel Generator
  • Solar PV
  • CHP
  • Others

Global Microgrid Market: By Application Segmentation Analysis

  • Utility
  • Military
  • Educational Institutes
  • Healthcare
  • Remote
  • Industrial/Commercial
  • Others

Global Microgrid Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Executive Summary
  • Chapter 2. Microgrid market – Grid Type Analysis
    • 2.1. Global Microgrid Market – Grid Type Overview
      • 2.2. Global Microgrid Market Share, by Grid Type, 2018 & 2025 (USD Billion)
      • 2.3. DC Microgrid
        • 2.3.1. Global DC Microgrid Microgrid Market, 2015-2025 (USD Billion)
      • 2.4. AC Microgrid
        • 2.4.1. Global AC Microgrid Microgrid Market, 2015-2025 (USD Billion)
  • Chapter 3. Microgrid market – Connectivity Analysis
    • 3.1. Global Microgrid Market – Connectivity Overview
    • 3.2. Global Microgrid Market Share, by Connectivity, 2018 & 2025 (USD Billion)
    • 3.3. Off-Grid
      • 3.3.1. Global Off-Grid Microgrid Market, 2015-2025 (USD Billion)
    • 3.4. Grid Connected
      • 3.4.1. Global Grid Connected Microgrid Market, 2015-2025 (USD Billion)
  • Chapter 4. Microgrid market – Storage Analysis
    • 4.1. Global Microgrid Market – Storage Overview
    • 4.2. Global Microgrid Market Share, by Storage, 2018 & 2025 (USD Billion)
    • 4.3. Lead Acid
      • 4.3.1. Global Lead Acid Microgrid Market, 2015-2025 (USD Billion)
    • 4.4. Lithium-ion
      • 4.4.1. Global Lithium-ion Microgrid Market, 2015-2025 (USD Billion)
    • 4.5. Flywheel
      • 4.5.1. Global Flywheel Microgrid Market, 2015-2025 (USD Billion)
    • 4.6. Flow Batteries
      • 4.6.1. Global Flow Batteries Microgrid Market, 2015-2025 (USD Billion)
    • 4.7. Others
      • 4.7.1. Global Others Microgrid Market, 2015-2025 (USD Billion)
  • Chapter 5. Microgrid market – Power Source Analysis
    • 5.1. Global Microgrid Market – Power Source Overview
    • 5.2. Global Microgrid Market Share, by Power Source, 2018 & 2025 (USD Billion)
    • 5.3. Natural Gas
      • 5.3.1. Global Natural Gas Microgrid Market, 2015-2025 (USD Billion)
    • 5.4. Diesel Generator
      • 5.4.1. Global Diesel Generator Microgrid Market, 2015-2025 (USD Billion)
    • 5.5. Sular PV
      • 5.5.1. Global Sular PV Microgrid Market, 2015-2025 (USD Billion)
    • 5.6. CHP
      • 5.6.1. Global CHP Microgrid Market, 2015-2025 (USD Billion)
    • 5.7. Others
      • 5.7.1. Global Others Microgrid Market, 2015-2025 (USD Billion)
  • Chapter 6. Microgrid market – Application Analysis
    • 6.1. Global Microgrid Market – Application Overview
    • 6.2. Global Microgrid Market Share, by Application, 2018 & 2025 (USD Billion)
    • 6.3. Utility
      • 6.3.1. Global Utility Microgrid Market, 2015-2025 (USD Billion)
    • 6.4. Military
      • 6.4.1. Global Military Microgrid Market, 2015-2025 (USD Billion)
    • 6.5. Educational Institutes
      • 6.5.1. Global Educational Institutes Microgrid Market, 2015-2025 (USD Billion)
    • 6.6. Healthcare
      • 6.6.1. Global Healthcare Microgrid Market, 2015-2025 (USD Billion)
    • 6.7. Remote
      • 6.7.1. Global Remote Microgrid Market, 2015-2025 (USD Billion)
    • 6.8. Industrial/Commercial
      • 6.8.1. Global Industrial/Commercial Microgrid Market, 2015-2025 (USD Billion)
    • 6.9. Others
      • 6.9.1. Global Others Microgrid Market, 2015-2025 (USD Billion)
  • Chapter 7. Microgrid market – Regional Analysis
    • 7.1. Global Microgrid Market Regional Overview
    • 7.2. Global Microgrid Market Share, by Region, 2018 & 2025 (Value)
    • 7.3. North America
      • 7.3.1. North America Microgrid Market size and forecast, 2015-2025
      • 7.3.2. North America Microgrid Market, by Country, 2018 & 2025 (USD Billion)
      • 7.3.3. North America Microgrid Market, by Grid Type, 2015-2025
        • 7.3.3.1. North America Microgrid Market, by Grid Type, 2015-2025 (USD Billion)
      • 7.3.4. North America Microgrid Market, by Connectivity, 2015-2025
        • 7.3.4.1. North America Microgrid Market, by Connectivity, 2015-2025 (USD Billion)
      • 7.3.5. North America Microgrid Market, by Storage, 2015-2025
        • 7.3.5.1. North America Microgrid Market, by Storage, 2015-2025 (USD Billion)
      • 7.3.6. North America Microgrid Market, by Power Source, 2015-2025
        • 7.3.6.1. North America Microgrid Market, by Power Source, 2015-2025 (USD Billion)
      • 7.3.7. North America Microgrid Market, by Application, 2015-2025
        • 7.3.7.1. North America Microgrid Market, by Application, 2015-2025 (USD Billion)
      • 7.3.8. U.S.
        • 7.3.8.1. U.S. Market size and forecast, 2015-2025 (USD Billion)
      • 7.3.9. Canada
        • 7.3.9.1. Canada Market size and forecast, 2015-2025 (USD Billion)
    • 7.4. Europe
      • 7.4.1. Europe Microgrid Market size and forecast, 2015-2025
      • 7.4.2. Europe Microgrid Market, by Country, 2018 & 2025 (USD Billion)
      • 7.4.3. Europe Microgrid Market, by Grid Type, 2015-2025
        • 7.4.3.1. Europe Microgrid Market, by Grid Type, 2015-2025 (USD Billion)
      • 7.4.4. Europe Microgrid Market, by Connectivity, 2015-2025
        • 7.4.4.1. Europe Microgrid Market, by Connectivity, 2015-2025 (USD Billion)
      • 7.4.5. Europe Microgrid Market, by Storage, 2015-2025
        • 7.4.5.1. Europe Microgrid Market, by Storage, 2015-2025 (USD Billion)
      • 7.4.6. Europe Microgrid Market, by Power Source, 2015-2025
        • 7.4.6.1. Europe Microgrid Market, by Power Source, 2015-2025 (USD Billion)
      • 7.4.7. Europe Microgrid Market, by Application, 2015-2025
        • 7.4.7.1. Europe Microgrid Market, by Application, 2015-2025 (USD Billion)
      • 7.4.8. Germany
        • 7.4.8.1. Germany Market size and forecast, 2015-2025 (USD Billion)
      • 7.4.9. France
        • 7.4.9.1. France Market size and forecast, 2015-2025 (USD Billion)
      • 7.4.10. U.K.
        • 7.4.10.1. U.K. Market size and forecast, 2015-2025 (USD Billion)
      • 7.4.11. Rest of Europe
        • 7.4.11.1. Rest of Europe Market size and forecast, 2015-2025 (USD Billion)
    • 7.5. Asia Pacific
      • 7.5.1. Asia Pacific Microgrid Market size and forecast, 2015-2025
      • 7.5.2. Asia Pacific Microgrid Market, by Country, 2018 & 2025 (USD Billion)
      • 7.5.3. Asia Pacific Microgrid Market, by Grid Type, 2015-2025
        • 7.5.3.1. Asia Pacific Microgrid Market, by Grid Type, 2015-2025 (USD Billion)
      • 7.5.4. Asia Pacific Microgrid Market, by Connectivity, 2015-2025
        • 7.5.4.1. Asia Pacific Microgrid Market, by Connectivity, 2015-2025 (USD Billion)
      • 7.5.5. Asia Pacific Microgrid Market, by Storage, 2015-2025
        • 7.5.5.1. Asia Pacific Microgrid Market, by Storage, 2015-2025 (USD Billion)
      • 7.5.6. Asia Pacific Microgrid Market, by Power Source, 2015-2025
        • 7.5.6.1. Asia Pacific Microgrid Market, by Power Source, 2015-2025 (USD Billion)
      • 7.5.7. Asia Pacific Microgrid Market, by Application, 2015-2025
        • 7.5.7.1. Asia Pacific Microgrid Market, by Application, 2015-2025 (USD Billion)
      • 7.5.8. China
        • 7.5.8.1. China Market size and forecast, 2015-2025 (USD Billion)
      • 7.5.9. Japan
        • 7.5.9.1. Japan Market size and forecast, 2015-2025 (USD Billion)
      • 7.5.10. India
        • 7.5.10.1. India Market size and forecast, 2015-2025 (USD Billion)
      • 7.5.11. Rest of Asia Pacific
        • 7.5.11.1. Rest of Asia Pacific Market size and forecast, 2015-2025 (USD Billion)
    • 7.6. Latin America
      • 7.6.1. Latin America Microgrid Market size and forecast, 2015-2025
      • 7.6.2. Latin America Microgrid Market, by Country, 2018 & 2025 (USD Billion)
      • 7.6.3. Latin America Microgrid Market, by Grid Type, 2015-2025
        • 7.6.3.1. Latin America Microgrid Market, by Grid Type, 2015-2025 (USD Billion)
      • 7.6.4. Latin America Microgrid Market, by Connectivity, 2015-2025
        • 7.6.4.1. Latin America Microgrid Market, by Connectivity, 2015-2025 (USD Billion)
      • 7.6.5. Latin America Microgrid Market, by Storage, 2015-2025
        • 7.6.5.1. Latin America Microgrid Market, by Storage, 2015-2025 (USD Billion)
      • 7.6.6. Latin America Microgrid Market, by Power Source, 2015-2025
        • 7.6.6.1. Latin America Microgrid Market, by Power Source, 2015-2025 (USD Billion)
      • 7.6.7. Latin America Microgrid Market, by Application, 2015-2025
        • 7.6.7.1. Latin America Microgrid Market, by Application, 2015-2025 (USD Billion)
      • 7.6.8. Brazil
        • 7.6.8.1. Brazil Market size and forecast, 2015-2025 (USD Billion)
      • 7.6.9. Rest of Latin America
        • 7.6.9.1. Rest of Latin America Market size and forecast, 2015-2025 (USD Billion)
    • 7.7. The Middle-East and Africa
      • 7.7.1. The Middle-East and Africa Microgrid Market size and forecast, 2015-2025
      • 7.7.2. The Middle-East and Africa Microgrid Market, by Country, 2018 & 2025 (USD Billion)
      • 7.7.3. The Middle-East and Africa Microgrid Market, by Grid Type, 2015-2025
        • 7.7.3.1. The Middle-East and Africa Microgrid Market, by Grid Type, 2015-2025 (USD Billion)
      • 7.7.4. The Middle-East and Africa Microgrid Market, by Connectivity, 2015-2025
        • 7.7.4.1. The Middle-East and Africa Microgrid Market, by Connectivity, 2015-2025 (USD Billion)
      • 7.7.5. The Middle-East and Africa Microgrid Market, by Storage, 2015-2025
        • 7.7.5.1. The Middle-East and Africa Microgrid Market, by Storage, 2015-2025 (USD Billion)
      • 7.7.6. The Middle-East and Africa Microgrid Market, by Power Source, 2015-2025
        • 7.7.6.1. The Middle-East and Africa Microgrid Market, by Power Source, 2015-2025 (USD Billion)
      • 7.7.7. The Middle-East and Africa Microgrid Market, by Application, 2015-2025
        • 7.7.7.1. The Middle-East and Africa Microgrid Market, by Application, 2015-2025 (USD Billion)
  • Chapter 8. Microgrid market – Competitive Landscape
    • 8.1. Competitor Market Share – Revenue
    • 8.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    • 8.3. Strategic Development
      • 8.3.1. Acquisitions and Mergers
      • 8.3.2. New Products
      • 8.3.3. Research & Development Activities
  • Chapter 9. Company Profiles
    • 9.1. Schneider Electric SE
      • 9.1.1. Company Overview
      • 9.1.2. Schneider Electric SE Revenue and Gross Margin
      • 9.1.3. Product portfulio
      • 9.1.4. Recent initiatives
    • 9.2. Lockheed Martin Corporation
      • 9.2.1. Company Overview
      • 9.2.2. Lockheed Martin Corporation Revenue and Gross Margin
      • 9.2.3. Product portfulio
      • 9.2.4. Recent initiatives
    • 9.3. Toshiba Corporation
      • 9.3.1. Company Overview
      • 9.3.2. Toshiba Corporation Revenue and Gross Margin
      • 9.3.3. Product portfulio
      • 9.3.4. Recent initiatives
    • 9.4. Eaton Corporation
      • 9.4.1. Company Overview
      • 9.4.2. Eaton Corporation Revenue and Gross Margin
      • 9.4.3. Product portfulio
      • 9.4.4. Recent initiatives
    • 9.5. Homer Energy LLC
      • 9.5.1. Company Overview
      • 9.5.2. Homer Energy LLC Revenue and Gross Margin
      • 9.5.3. Product portfulio
      • 9.5.4. Recent initiatives
    • 9.6. Viridity Energy Inc.
      • 9.6.1. Company Overview
      • 9.6.2. Viridity Energy Inc. Revenue and Gross Margin
      • 9.6.3. Product portfulio
      • 9.6.4. Recent initiatives
    • 9.7. GE Alstom
      • 9.7.1. Company Overview
      • 9.7.2. GE Alstom Revenue and Gross Margin
      • 9.7.3. Product portfulio
      • 9.7.4. Recent initiatives
    • 9.8. Exelon Corporation
      • 9.8.1. Company Overview
      • 9.8.2. Exelon Corporation Revenue and Gross Margin
      • 9.8.3. Product portfulio
      • 9.8.4. Recent initiatives
    • 9.9. Caterpillar Inc.
      • 9.9.1. Company Overview
      • 9.9.2. Caterpillar Inc. Revenue and Gross Margin
      • 9.9.3. Product portfulio
      • 9.9.4. Recent initiatives
    • 9.10. Honeywell International
      • 9.10.1. Company Overview
      • 9.10.2. Honeywell International Revenue and Gross Margin
      • 9.10.3. Product portfulio
      • 9.10.4. Recent initiatives
    • 9.11. Tesla
      • 9.11.1. Company Overview
      • 9.11.2. Tesla Revenue and Gross Margin
      • 9.11.3. Product portfulio
      • 9.11.4. Recent initiatives
    • 9.12. Siemens AG
      • 9.12.1. Company Overview
      • 9.12.2. Siemens AG Revenue and Gross Margin
      • 9.12.3. Product portfulio
      • 9.12.4. Recent initiatives
    • 9.13. Hitachi
      • 9.13.1. Company Overview
      • 9.13.2. Hitachi Revenue and Gross Margin
      • 9.13.3. Product portfulio
      • 9.13.4. Recent initiatives
    • 9.14. ABB
      • 9.14.1. Company Overview
      • 9.14.2. ABB Revenue and Gross Margin
      • 9.14.3. Product portfulio
      • 9.14.4. Recent initiatives
    • 9.15. EnSync Energy Systems
      • 9.15.1. Company Overview
      • 9.15.2. EnSync Energy Systems Revenue and Gross Margin
      • 9.15.3. Product portfulio
      • 9.15.4. Recent initiatives
    • 9.16. Advanced Microgrid Sulutions
      • 9.16.1. Company Overview
      • 9.16.2. Advanced Microgrid Sulutions Revenue and Gross Margin
      • 9.16.3. Product portfulio
      • 9.16.4. Recent initiatives
  • Chapter 10. Microgrid — Industry Analysis
    • 10.1. Microgrid Market – Key Trends
      • 10.1.1. Market Drivers
      • 10.1.2. Market Restraints
      • 10.1.3. Market Opportunities
    • 10.2. Value Chain Analysis
    • 10.3. Technology Roadmap and Timeline
    • 10.4. Microgrid Market – Attractiveness Analysis
      • 10.4.1. By Grid Type
      • 10.4.2. By Connectivity
      • 10.4.3. By Storage
      • 10.4.4. By Power Source
      • 10.4.5. By Application
      • 10.4.6. By Region
  • Chapter 11. Marketing Strategy Analysis, Distributors
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trend
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter 12. Report Conclusion
  • Chapter 13. Research Approach & Methodology
    • 13.1. Report Description
    • 13.2. Research Scope
    • 13.3. Research Methodology
      • 13.3.1. Secondary Research
      • 13.3.2. Primary Research
      • 13.3.3. Models
        • 13.3.3.1. Company Share Analysis Model
        • 13.3.3.2. Revenue Based Modeling
        • 13.3.3.3. Research Limitations

Methodology

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