By Connectivity (Grid Connected, Off-Grid Connected), By Offering (Hardware (Power Generators, Switch Gear, Smart Meter, Power Inverter, Others (Controller, etc.), Software, Services (Engineering and... ... es (Engineering and Design, Monitoring and Control, Operations and Maintenance), By Grid Type (AC, DC, Hybrid), By Power Source (Diesel, Natural gas, Solar PV, Fuel Cell, Micro Turbines, Wind, Other Renewables, Other Non-Renewables), By Storage Device (Lithium-ion, Lead acid, Flow battery, Flywheels, Others (Sodium Sulphur, etc.), By Installation Size (Less than <50 kW, 50kW to 500 kW, 501kW to 1MW, 1.1MW to 5MW, Above 5MW), By End User (Commercial & Industrial, Government, Utilities, Education Institutes, Military & Defense, Healthcare, Others (Airport, etc.), By Region (North America, South America, Asia-Pacific, Europe, Middle East & Africa), By Company Read more
- Energy
- Apr 2020
- 232
- PDF, Excel, PPT
The Global Microgrid Market Analysis, 2020 market research report depicts a deep-dive market analysis of statistics of Global Microgrid market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
| Report Coverage | Details |
| Study Period | Historical Data: 2015-19 |
| Base Year: 2019 | |
| Forecast Period: 2020-25 | |
| Regions Covered | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle East & Africa | |
| Unit Denominations | USD Million/Billion |
Some of the key factors associated with the growth of the microgrid market are the escalating demand for reliable and secure power supply across the globe and the advanced deployment of microgrids of rural electrification. Another reason for the market growth of microgrids is the surging demand for clean energy and proliferation in government initiatives for the development of microgrids.
COVID-19 Impact: COVID-19 pandemic is expected to further slow down the processes of project acquisition, procurement, and allotment. Therefore, the growth is expected to be less during 2020-21. The investments in this regard are expected to pick up post 2021 due to rapid business easing during that period.
According to MarkNtel Advisors’ research report titled “Global Microgrid Market Analysis, 2020”, the Global Microgrid market is anticipated to grow at a CAGR of less than 12% during 2020-25. However, rising cyberattacks on the energy infrastructure are largely hindering the market growth.
- Introduction
- Market Segmentation
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Case Study
- Expert Verbatim- What our Experts Say?
- Global Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Connectivity
- Grid Connected
- Off-Grid Connected
- By Offering
- Hardware
- Power Generators
- Switch Gear
- Smart Meter
- Power Inverter
- Others (Controller, etc.)
- Software
- Services
- Engineering and Design
- Monitoring and Control
- Operations and Maintenance
- Hardware
- By Grid Type
- AC
- DC
- Hybrid
- By Power Source
- Diesel
- Natural gas
- Solar PV
- Fuel Cell
- Micro Turbines
- Wind
- Other Renewables
- Other Non-Renewables
- By Storage Device
- Lithium-ion
- Lead acid
- Flow battery
- Flywheels
- Others (Sodium Sulphur, etc.)
- By Installation Size
- Less than <50 kW
- 50kW to 500 kW
- 501kW to 1MW
- 1.1MW to 5MW
- Above 5MW
- By End User
- Commercial & Industrial
- Government
- Utilities
- Education Institutes
- Military & Defense
- Healthcare
- Others (Airport, etc.)
- By Region
- North America
- South America
- Asia-Pacific
- Europe
- Middle East & Africa
- By Company
- Market Shares, By Revenue
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Connectivity
- Market Attractiveness Index
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Region
- Market Size & Analysis
- North America Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- The US
- Canada
- Mexico
- Market Attractiveness Index
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- The US Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Canada Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Mexico Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Market Size & Analysis
- South America Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- Brazil
- Argentina
- Chile
- Peru
- Columbia
- Others
- Market Attractiveness Index
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- Brazil Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Argentina Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Chile Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Peru Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Columbia Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- China
- Japan
- Australia
- South Korea
- India
- Indonesia
- Others
- Market Attractiveness Index
- By Connectivity
- By Offering
- By Power Source
- By Storage Device
- By Pattern
- By Installation Size
- By End User
- By Country
- China Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Japan Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Australia Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- South Korea Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- India Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Indonesia Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Market Size & Analysis
- Europe Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- Germany
- The UK
- France
- Sweden
- Russia
- Spain
- Italy
- The Netherlands
- Denmark
- Others
- Market Attractiveness Index
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- Germany Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- The UK Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- France Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Sweden Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Russia Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Spain Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Italy Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- The Netherlands Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Denmark Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- Saudi Arabia
- UAE
- South Africa
- Israel
- Iran
- Nigeria
- Others
- Market Attractiveness Index
- By Connectivity
- By Offering
- By Grid Type
- By Power Source
- By Storage Device
- By Installation Size
- By End User
- By Country
- Saudi Arabia Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- UAE Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- South Africa Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Israel Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Iran Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Nigeria Microgrid Market Analysis, 2015-2025F
- Market Size & Analysis
- Revenues
- Market Share & Analysis
- By Grid Type
- Market Size & Analysis
- Market Size & Analysis
- Global Microgrid Market Policies, Regulations, Product Standards
- Global Microgrid Market: Value Chain Analysis
- Key Strategies Adopted by Suppliers to sell Microgrid Solutions
- Global Microgrid Market Trends & Insights
- Global Microgrid Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Microgrid Market Hotspot & Opportunities
- Global Microgrid Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Competition Matrix
- Solution Portfolio
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Competition Matrix, By Offering
- Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- ABB
- General Electric
- Eaton
- Siemens
- Caterpillar
- Schneider Electric
- Honeywell
- Homer Energy
- S&C Electric
- Power Analytics
- Encorp
- Emerson
- Toshiba
- Tesla
- Cummins
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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