Global Microgrid Market – Global Industry Analysis and Forecast (2018-2026) – by Type, Offering, Consumption pattern and Region.

Global Microgrid Market – Global Industry Analysis and Forecast (2018-2026) – by Type, Offering, Consumption pattern and Region.

Market Scenario

Global Microgrid Market is expected to reach US$ 45Bn by 2026 from US$ 20Bn in 2017 at CAGR of 10.67%. A microgrid is a combination of technologies such as electricity generation, transmission and distribution and is used on a small scale as compared to the conventional macro grid. It performs functions, for instance, adding or removing new energy resources without modifying existing components. A microgrid is a localized group of electricity sources and sinks (loads) that usually operates connected to and synchronous with the traditional centralized grid, but can disconnect and maintain operation autonomously as physical or economic conditions dictate. Global Microgrid Market Microgrids can be used as a composition of multiple energy generation sources, for instance, solar, wind, biomass, geothermal, and fossil fuel, to generate and supply electricity to a local community, university, and military base is anticipated to be the major driver of the microgrid market. Moreover, high installation & maintenance cost of microgrids and lack of knowledge about procedures to secure license right for connecting multisite microgrids are the restraints of the market. Software is booming the microgrid market globally. Microgrid software as a service is a remotely-hosted microgrid control solution. Software service is designed for campuses, institutions, infrastructures, and utilities that want advanced monitoring, control, and optimization of distributed energy at an affordable cost without the hassle of managing and maintaining on-site IT infrastructure. Grid-connected is also called grid-tied and off-grid. Grid-connectivity was the dominant segment, accounting for over 55% of the market share, in terms of value, in 2017. A grid-connected segment is projected to expand at a rapid pace during the forecast period, owing to increasing demand for power from underdeveloped and developing countries. Region-wise, North America is currently leading the microgrid market. The Canada and U.S. are relatively advanced countries who witnessed early adoption of microgrid solutions in North America. The governments in these countries have recognised the need for a reliable and secure energy source which would take off the load from traditional power generation methods. The U.S. market is mostly focused on grid resiliency and reliability of power supply. A number of the large portion of the microgrid projects have been deployed by the military. In the future, other consumer segments are estimated to embrace microgrids, which would drive the market significantly. Key players operating in the global microgrid market, Lockheed Martin Corporation, ZBB Energy Corporation, ABB Ltd., GE Digital Energy, Power Analytics Corporation, Consert Inc., Viridity Energy, Inc., S&C Electric Company, Chevron Energy, Toshiba Corporation,HOMER Energy LLC, Honeywell International Inc.,Microgrid Energy LLC and Siemens.

Scope of the Global Microgrid Market

Global Microgrid Market, by Type

• Grid Connected • Remote/Island

Global Microgrid Market, by Offering

• Software • Hardware • Service

Global Microgrid Market, by Consumption pattern

• Urban & Metropolitan • Semi-urban • Rural/Island

Global Microgrid Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Key players operating in the Global Microgrid Market

• Lockheed Martin Corporation • ZBB Energy Corporation • ABB Ltd. • GE Digital Energy • Power Analytics Corporation • Consert Inc. • Viridity Energy, Inc. • S&C Electric Company • Chevron Energy • Toshiba Corporation, • HOMER Energy LLC • Honeywell International Inc. • Microgrid Energy LLC • Siemens. Global Scroll and Absorption Chillers Market

Table of Contents

Global Microgrid Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Objectives 2. Assumptions and Research Methodology 2.1. Abbreviations 3. Executive Summary 3.1. Global Microgrid Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Challenges 4.2.4. Emerging Technology 4.2.5. Opportunities 4.3. Market Analysis 4.3.1. Porter’s Analysis 4.3.2. Value Chain Analysis 4.3.3. Pricing Analysis 4.3.4. Market Risk analysis 4.4. Global Microgrid Market Industry Trends and Emerging Technologies 5. Global Microgrid Market Analysis and Forecast 5.1. Global Microgrid Market Analysis and Forecast 5.2. Global Microgrid Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. South America 6. Global Microgrid Market Analysis and Forecast, by Offering 6.1. Introduction and Definition 6.2. Global Microgrid Market Value Share Analysis, by Offering 6.3. Market Size (US$ Mn) Forecast, by Offering 6.4. Global Microgrid Market Analysis, by Offering 6.5. Microgrid Market Attractiveness Analysis, by Offering 7. Global Microgrid Market Analysis and Forecast, by Type 7.1. Introduction and Definition 7.2. Global Microgrid Market Value Share Analysis, by Type 7.3. Market Size (US$ Mn) Forecast, by Type 7.4. Global Microgrid Market Analysis, by Type 7.5. Global Microgrid Market Attractiveness Analysis, by Type 8. Global Microgrid Market Analysis and Forecast, by Consumption pattern 8.1. Introduction and Definition 8.2. Global Microgrid Market Value Share Analysis, by Consumption pattern 8.3. Market Size (US$ Mn) Forecast, by Consumption pattern 8.4. Global Microgrid Market Analysis, by Consumption pattern 8.5. Global Microgrid Market Attractiveness Analysis, by Consumption pattern 9. Global Microgrid Market Analysis, by Region 9.1. Global Microgrid Market Value Share Analysis, by Region 9.2. Market Size (US$ Mn) Forecast, by Region 9.3. Global Microgrid Market Attractiveness Analysis, by Region 10. North America Microgrid Market Analysis 10.1. North America Microgrid Market Overview 10.2. North America Microgrid Market Value Share Analysis, by Offering 10.3. North America Microgrid Market Forecast, by Offering 10.3.1. Hardware 10.3.2. Software 10.3.3. Service 10.4. North America Microgrid Market Value Share Analysis, by Type 10.5. North America Microgrid Market Forecast, by Type 10.5.1. Grid Connected 10.5.2. Remote/Island 10.6. North America Microgrid Market Value Share Analysis, by Consumption pattern 10.7. North America Microgrid Market Forecast, by Consumption pattern 10.7.1. Urban & Metropolitan 10.7.2. Semi-urban 10.7.3. Rural/Island 10.8. North America Microgrid Market Value Share Analysis, by Country 10.9. North America Microgrid Market Forecast, by Country 10.9.1. U.S 10.9.2. Canada 10.10. North America Microgrid Market Analysis, by Country 10.11. U.S. Microgrid Market Forecast, by Offering 10.11.1. Hardware 10.11.2. Software 10.11.3. Service 10.12. U.S. Microgrid Market Forecast, by Type 10.12.1. Grid Connected 10.12.2. Remote/Island 10.13. U.S. Microgrid Market Forecast, by Consumption pattern 10.13.1. Urban & Metropolitan 10.13.2. Semi-urban 10.13.3. Rural/Island 10.14. Canada Microgrid Market Forecast, by Offering 10.14.1. Hardware 10.14.2. Software 10.14.3. Service 10.15. Canada Microgrid Market Forecast, by Type 10.15.1. Grid Connected 10.15.2. Remote/Island 10.16. Canada Microgrid Market Forecast, by Consumption pattern 10.16.1. Urban & Metropolitan 10.16.2. Semi-urban 10.16.3. Rural/Island 10.17. North America Microgrid Market Attractiveness Analysis 10.17.1. By Type 10.17.2. By Application 10.17.3. By Industry 10.18. PEST Analysis 10.19. Key Trends 10.20. Key Developments 11. Europe Microgrid Market Analysis 11.1. Europe Microgrid Market Overview 11.2. Europe Microgrid Market Value Share Analysis, by Offering 11.3. Europe Microgrid Market Forecast, by Offering 11.3.1. Hardware 11.3.2. Software 11.3.3. Service 11.4. Europe Microgrid Market Value Share Analysis, by Type 11.5. Europe Microgrid Market Forecast, by Type 11.5.1. Grid Connected 11.5.2. Remote/Island 11.6. Europe Microgrid Market Value Share Analysis, by Consumption pattern 11.7. Europe Microgrid Market Forecast, by Consumption pattern 11.7.1. Urban & Metropolitan 11.7.2. Semi-urban 11.7.3. Rural/Island 11.8. Europe Microgrid Market Value Share Analysis, by Country 11.9. Europe Microgrid Market Forecast, by Country 11.9.1. Germany 11.9.2. U.K. 11.9.3. France 11.9.4. Italy 11.9.5. Spain 11.9.6. Rest of Europe 11.10. Europe Microgrid Market Analysis, by Country/ Sub-region 11.11. Germany Microgrid Market Forecast, by Offering 11.11.1. Hardware 11.11.2. Software 11.11.3. Service 11.12. Germany Microgrid Market Forecast, by Type 11.12.1. Grid Connected 11.12.2. Remote/Island 11.13. Germany Microgrid Market Forecast, by Consumption pattern 11.13.1. Urban & Metropolitan 11.13.2. Semi-urban 11.13.3. Rural/Island 11.14. U.K. Microgrid Market Forecast, by Offering 11.14.1. Hardware 11.14.2. Software 11.14.3. Service 11.15. U.K. Microgrid Market Forecast, by Type 11.15.1. Grid Connected 11.15.2. Remote/Island 11.16. U.K. Microgrid Market Forecast, by Consumption pattern 11.16.1. Urban & Metropolitan 11.16.2. Semi-urban 11.16.3. Rural/Island 11.17. France Microgrid Market Forecast, by Offering 11.17.1. Hardware 11.17.2. Software 11.17.3. Service 11.18. France Microgrid Market Forecast, by Type 11.18.1. Grid Connected 11.18.2. Remote/Island 11.19. France Microgrid Market Forecast, by Consumption pattern 11.19.1. Urban & Metropolitan 11.19.2. Semi-urban 11.19.3. Rural/Island 11.20. Italy Microgrid Market Forecast, by Offering 11.20.1. Hardware 11.20.2. Software 11.20.3. Service 11.21. Italy Microgrid Market Forecast, by Type 11.21.1. Grid Connected 11.21.2. Remote/Island 11.22. Italy Microgrid Market Forecast, by Consumption pattern 11.22.1. Urban & Metropolitan 11.22.2. Semi-urban 11.22.3. Rural/Island 11.23. Spain Microgrid Market Forecast, by Offering 11.23.1. Hardware 11.23.2. Software 11.23.3. Service 11.24. Spain Microgrid Market Forecast, by Type 11.24.1. Grid Connected 11.24.2. Remote/Island 11.25. Spain Microgrid Market Forecast, by Consumption pattern 11.25.1. Urban & Metropolitan 11.25.2. Semi-urban 11.25.3. Rural/Island 11.26. Rest of Europe Microgrid Market Forecast, by Offering 11.26.1. Hardware 11.26.2. Software 11.26.3. Service 11.27. Rest of Europe Microgrid Market Forecast, by Type 11.27.1. Grid Connected 11.27.2. Remote/Island 11.28. Rest of Europe Microgrid Market Forecast, by Consumption pattern 11.28.1. Urban & Metropolitan 11.28.2. Semi-urban 11.28.3. Rural/Island 11.29. Europe Microgrid Market Attractiveness Analysis 11.29.1. By Type 11.29.2. By Application 11.29.3. By Industry 11.30. PEST Analysis 11.31. Key Trends 11.32. Key Developments 12. Asia Pacific Microgrid Market Analysis 12.1. Asia Pacific Microgrid Market Overview 12.2. Asia Pacific Microgrid Market Value Share Analysis, by Offering 12.3. Asia Pacific Microgrid Market Forecast, by Offering 12.3.1. Hardware 12.3.2. Software 12.3.3. Service 12.4. Asia Pacific Microgrid Market Value Share Analysis, by Type 12.5. Asia Pacific Microgrid Market Forecast, by Type 12.5.1. Grid Connected 12.5.2. Remote/Island 12.6. Asia Pacific Microgrid Market Value Share Analysis, by Consumption pattern 12.7. Asia Pacific Microgrid Market Forecast, by Consumption pattern 12.7.1. Urban & Metropolitan 12.7.2. Semi-urban 12.7.3. Rural/Island 12.8. Asia Pacific Microgrid Market Value Share Analysis, by Country 12.9. Asia Pacific Microgrid Market Forecast, by Country 12.9.1. China 12.9.2. India 12.9.3. Japan 12.9.4. ASEAN 12.9.5. Rest of Asia Pacific 12.10. Asia Pacific Microgrid Market Analysis, by Country/ Sub-region 12.11. China Microgrid Market Forecast, by Offering 12.11.1. Hardware 12.11.2. Software 12.11.3. Service 12.12. China Microgrid Market Forecast, by Type 12.12.1. Grid Connected 12.12.2. Remote/Island 12.13. China Microgrid Market Forecast, by Consumption pattern 12.13.1. Urban & Metropolitan 12.13.2. Semi-urban 12.13.3. Rural/Island 12.14. India Microgrid Market Forecast, by Offering 12.14.1. Hardware 12.14.2. Software 12.14.3. Service 12.15. India Microgrid Market Forecast, by Type 12.15.1. Grid Connected 12.15.2. Remote/Island 12.16. India Microgrid Market Forecast, by Consumption pattern 12.16.1. Urban & Metropolitan 12.16.2. Semi-urban 12.16.3. Rural/Island 12.17. Japan Microgrid Market Forecast, by Offering 12.17.1. Hardware 12.17.2. Software 12.17.3. Service 12.18. Japan Microgrid Market Forecast, by Type 12.18.1. Grid Connected 12.18.2. Remote/Island 12.19. Japan Microgrid Market Forecast, by Consumption pattern 12.19.1. Urban & Metropolitan 12.19.2. Semi-urban 12.19.3. Rural/Island 12.20. ASEAN Microgrid Market Forecast, by Offering 12.20.1. Hardware 12.20.2. Software 12.20.3. Service 12.21. ASEAN Microgrid Market Forecast, by Type 12.21.1. Grid Connected 12.21.2. Remote/Island 12.22. ASEAN Microgrid Market Forecast, by Consumption pattern 12.22.1. Urban & Metropolitan 12.22.2. Semi-urban 12.22.3. Rural/Island 12.23. Rest of Asia Pacific Microgrid Market Forecast, by Offering 12.23.1. Hardware 12.23.2. Software 12.23.3. Service 12.24. Rest of Asia Pacific Microgrid Market Forecast, by Type 12.24.1. Grid Connected 12.24.2. Remote/Island 12.25. Rest of Asia Pacific Microgrid Market Forecast, by Consumption pattern 12.25.1. Urban & Metropolitan 12.25.2. Semi-urban 12.25.3. Rural/Island 12.26. Asia Pacific Microgrid Market Attractiveness Analysis 12.26.1. By Type 12.26.2. By Application 12.26.3. By Industry 12.27. PEST Analysis 12.28. Key Trends 12.29. Key Developments 13. Middle East & Africa Microgrid Market Analysis 13.1. Middle East & Africa Microgrid Market Overview 13.2. Middle East & Africa Microgrid Market Value Share Analysis, by Offering 13.3. Middle East & Africa Microgrid Market Forecast, by Offering 13.3.1. Hardware 13.3.2. Software 13.3.3. Service 13.4. Middle East & Africa Microgrid Market Value Share Analysis, by Type 13.5. Middle East & Africa Microgrid Market Forecast, by Type 13.5.1. Grid Connected 13.5.2. Remote/Island 13.6. Middle East & Africa Microgrid Market Value Share Analysis, by Consumption pattern 13.7. Middle East & Africa Microgrid Market Forecast, by Consumption pattern 13.7.1. Urban & Metropolitan 13.7.2. Semi-urban 13.7.3. Rural/Island 13.8. Middle East & Africa Microgrid Market Value Share Analysis, by Country 13.9. Middle East & Africa Microgrid Market Forecast, by Country 13.9.1. GCC 13.9.2. South Africa 13.9.3. Rest of Middle East & Africa 13.10. Middle East & Africa Microgrid Market Analysis, by Country/ Sub-region 13.11. GCC Microgrid Market Forecast, by Offering 13.11.1. Hardware 13.11.2. Software 13.11.3. Service 13.12. GCC Microgrid Market Forecast, by Type 13.12.1. Grid Connected 13.12.2. Remote/Island 13.13. GCC Microgrid Market Forecast, by Consumption pattern 13.13.1. Urban & Metropolitan 13.13.2. Semi-urban 13.13.3. Rural/Island 13.14. South Africa Microgrid Market Forecast, by Offering 13.14.1. Hardware 13.14.2. Software 13.14.3. Service 13.15. South Africa Microgrid Market Forecast, by Type 13.15.1. Grid Connected 13.15.2. Remote/Island 13.16. South Africa Microgrid Market Forecast, by Consumption pattern 13.16.1. Urban & Metropolitan 13.16.2. Semi-urban 13.16.3. Rural/Island 13.17. Rest of Middle East & Africa Microgrid Market Forecast, by Offering 13.17.1. Hardware 13.17.2. Software 13.17.3. Service 13.18. Rest of Middle East & Africa Microgrid Market Forecast, by Type 13.18.1. Grid Connected 13.18.2. Remote/Island 13.19. Rest of Middle East & Africa Microgrid Market Forecast, by Consumption pattern 13.19.1. Urban & Metropolitan 13.19.2. Semi-urban 13.19.3. Rural/Island 13.20. Middle East & Africa Microgrid Market Attractiveness Analysis 13.20.1. By Type 13.20.2. By Application 13.20.3. By Industry 13.21. PEST Analysis 13.22. Key Trends 13.23. Key Developments 14. South America Microgrid Market Analysis 14.1. South America Microgrid Market Overview 14.2. South America Microgrid Market Value Share Analysis, by Offering 14.3. South America Microgrid Market Forecast, by Offering 14.3.1. Hardware 14.3.2. Software 14.3.3. Service 14.4. South America Microgrid Market Value Share Analysis, by Type 14.5. South America Microgrid Market Forecast, by Type 14.5.1. Grid Connected 14.5.2. Remote/Island 14.6. South America Microgrid Market Value Share Analysis, by Consumption pattern 14.7. South America Microgrid Market Forecast, by Consumption pattern 14.7.1. Urban & Metropolitan 14.7.2. Semi-urban 14.7.3. Rural/Island 14.8. South America Microgrid Market Value Share Analysis, by Country 14.9. South America Microgrid Market Forecast, by Country 14.9.1. Brazil 14.9.2. Mexico 14.9.3. Rest of South America 14.10. South America Microgrid Market Analysis, by Country/ Sub-region 14.11. Brazil Microgrid Market Forecast, by Offering 14.11.1. Hardware 14.11.2. Software 14.11.3. Service 14.12. Brazil Microgrid Market Forecast, by Type 14.12.1. Grid Connected 14.12.2. Remote/Island 14.13. Brazil Microgrid Market Forecast, by Consumption pattern 14.13.1. Urban & Metropolitan 14.13.2. Semi-urban 14.13.3. Rural/Island 14.14. Mexico Microgrid Market Forecast, by Offering 14.14.1. Hardware 14.14.2. Software 14.14.3. Service 14.15. Mexico Microgrid Market Forecast, by Type 14.15.1. Grid Connected 14.15.2. Remote/Island 14.16. Mexico Microgrid Market Forecast, by Consumption pattern 14.16.1. Urban & Metropolitan 14.16.2. Semi-urban 14.16.3. Rural/Island 14.17. Research centres Rest of South America Microgrid Market Forecast, by Offering 14.17.1. Hardware 14.17.2. Software 14.17.3. Service 14.18. Rest of South America Microgrid Market Forecast, by Type 14.18.1. Grid Connected 14.18.2. Remote/Island 14.19. Rest of South America Microgrid Market Forecast, by Consumption pattern 14.19.1. Urban & Metropolitan 14.19.2. Semi-urban 14.19.3. Rural/Island 14.20. South America Microgrid Market Attractiveness Analysis 14.20.1. By Type 14.20.2. By Application 14.20.3. By Industry 14.21. PEST Analysis 14.22. Key Trends 14.23. Key Developments 15. Competitive Landscape 15.1. Market Share Analysis, by Key Players 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. Market Consolidation 15.2.2.1. M&A by regions, investment, applications M&A Key Players, forward integration, backward integration 15.3. Company Profiles: Key Player 15.3.1. Lockheed Martin Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Business Strategy 15.3.1.4. Recent Developments 15.3.1.5. Manufacturing Footprint 15.3.2. ZBB Energy Corporation 15.3.3. ABB Ltd. 15.3.4. GE Digital Energy 15.3.5. Power Analytics Corporation 15.3.6. Consert Inc. 15.3.7. Viridity Energy, Inc. 15.3.8. S&C Electric Company 15.3.9. Chevron Energy 15.3.10. Toshiba Corporation, 15.3.11. HOMER Energy LLC 15.3.12. Honeywell International Inc. 15.3.13. Microgrid Energy LLC 15.3.14. Siemens. 16. Primary Key Insights

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Report ID 22049
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