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Market Research
Microgrid Market Expected to Grow at 10.7% by 2032
Microgrid Market By Grid Type (Grid-connected, Remote Microgrid, Networked Microgrid, Others), By Source (Solar PV, Natural Gas, Diesel Generators, Combined Heat & Power, Others), By Storage (Flywheel, Lead Acid, Lithium-Ion, Flow Batteries, Others), By Application (Remote, Utility, Military, Healthcare, Industrial/Commercial, Educational Institutes, Others) - Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
01 Apr 2020
Format
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Report Summary
Table of contents
list of tables
list of figures
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Microgrid Market
2.2. Global Microgrid Market, By Grid Type , 2023 (US$ Billion)
2.3. Global Microgrid Market, By Source , 2023 (US$ Billion)
2.4. Global Microgrid Market, By Storage , 2023 (US$ Billion)
2.5. Global Microgrid Market, By Application , 2023 (US$ Billion)
2.6. Global Microgrid Market, By Geography, 2023 (US$ Billion)
2.7. Attractive Investment Proposition by Geography, 2023
3. Microgrid Market: Competitive Analysis
3.1. Market Positioning of Key Microgrid Market Vendors
3.2. Strategies Adopted by Microgrid Market Vendors
3.3. Key Industry Strategies
4. Microgrid Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Microgrid Market Value, 2022 - 2032, (US$ Billion)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Market Segmentation
5.3.1. Grid-connected
5.3.2. Remote Microgrid
5.3.3. Networked Microgrid
5.3.4. Others
6. Microgrid Market: By Source , 2022-2032, USD (Billion)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Market Segmentation
6.3.1. Solar PV
6.3.2. Natural Gas
6.3.3. Diesel Generators
6.3.4. Combined Heat & Power (CHP)
6.3.5. Others
7. Microgrid Market: By Storage , 2022-2032, USD (Billion)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Market Segmentation
7.3.1. Flywheel
7.3.2. Lead Acid
7.3.3. Lithium-Ion
7.3.4. Flow Batteries
7.3.5. Others
8. Microgrid Market: By Application , 2022-2032, USD (Billion)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2023 Versus 2032
8.3. Market Segmentation
8.3.1. Remote
8.3.2. Utility
8.3.3. Military
8.3.4. Healthcare
8.3.5. Industrial/Commercial
8.3.6. Educational Institutes
8.3.7. Others
9. North America Microgrid Market, 2022-2032, USD (Billion)
9.1. Market Overview
9.2. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
9.3. Microgrid Market: By Source , 2022-2032, USD (Billion)
9.4. Microgrid Market: By Storage , 2022-2032, USD (Billion)
9.5. Microgrid Market: By Application , 2022-2032, USD (Billion)
9.6.Microgrid Market: By Region, 2022-2032, USD (Billion)
9.6.1.North America
9.6.1.1. U.S.
9.6.1.1.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
9.6.1.1.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
9.6.1.1.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
9.6.1.1.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
9.6.1.2. Canada
9.6.1.2.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
9.6.1.2.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
9.6.1.2.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
9.6.1.2.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
9.6.1.3. Rest of North America
9.6.1.3.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
9.6.1.3.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
9.6.1.3.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
9.6.1.3.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
10. UK and European Union Microgrid Market, 2022-2032, USD (Billion)
10.1. Market Overview
10.2. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.3. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.4. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.5. Microgrid Market: By Application , 2022-2032, USD (Billion)
10.6.Microgrid Market: By Region, 2022-2032, USD (Billion)
10.6.1.UK and European Union
10.6.1.1. UK
10.6.1.1.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.6.1.1.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.6.1.1.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.6.1.1.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
10.6.1.2. Germany
10.6.1.2.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.6.1.2.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.6.1.2.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.6.1.2.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
10.6.1.3. Spain
10.6.1.3.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.6.1.3.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.6.1.3.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.6.1.3.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
10.6.1.4. Italy
10.6.1.4.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.6.1.4.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.6.1.4.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.6.1.4.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
10.6.1.5. France
10.6.1.5.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.6.1.5.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.6.1.5.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.6.1.5.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
10.6.1.6. Rest of Europe
10.6.1.6.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
10.6.1.6.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
10.6.1.6.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
10.6.1.6.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
11. Asia Pacific Microgrid Market, 2022-2032, USD (Billion)
11.1. Market Overview
11.2. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.3. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.4. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.5. Microgrid Market: By Application , 2022-2032, USD (Billion)
11.6.Microgrid Market: By Region, 2022-2032, USD (Billion)
11.6.1.Asia Pacific
11.6.1.1. China
11.6.1.1.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.6.1.1.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.6.1.1.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.6.1.1.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
11.6.1.2. Japan
11.6.1.2.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.6.1.2.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.6.1.2.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.6.1.2.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
11.6.1.3. India
11.6.1.3.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.6.1.3.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.6.1.3.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.6.1.3.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
11.6.1.4. Australia
11.6.1.4.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.6.1.4.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.6.1.4.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.6.1.4.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
11.6.1.5. South Korea
11.6.1.5.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.6.1.5.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.6.1.5.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.6.1.5.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
11.6.1.6. Rest of Asia Pacific
11.6.1.6.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
11.6.1.6.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
11.6.1.6.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
11.6.1.6.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
12. Latin America Microgrid Market, 2022-2032, USD (Billion)
12.1. Market Overview
12.2. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
12.3. Microgrid Market: By Source , 2022-2032, USD (Billion)
12.4. Microgrid Market: By Storage , 2022-2032, USD (Billion)
12.5. Microgrid Market: By Application , 2022-2032, USD (Billion)
12.6.Microgrid Market: By Region, 2022-2032, USD (Billion)
12.6.1.Latin America
12.6.1.1. Brazil
12.6.1.1.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
12.6.1.1.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
12.6.1.1.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
12.6.1.1.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
12.6.1.2. Mexico
12.6.1.2.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
12.6.1.2.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
12.6.1.2.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
12.6.1.2.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
12.6.1.3. Rest of Latin America
12.6.1.3.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
12.6.1.3.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
12.6.1.3.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
12.6.1.3.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
13. Middle East and Africa Microgrid Market, 2022-2032, USD (Billion)
13.1. Market Overview
13.2. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
13.3. Microgrid Market: By Source , 2022-2032, USD (Billion)
13.4. Microgrid Market: By Storage , 2022-2032, USD (Billion)
13.5. Microgrid Market: By Application , 2022-2032, USD (Billion)
13.6.Microgrid Market: By Region, 2022-2032, USD (Billion)
13.6.1.Middle East and Africa
13.6.1.1. GCC
13.6.1.1.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
13.6.1.1.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
13.6.1.1.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
13.6.1.1.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
13.6.1.2. Africa
13.6.1.2.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
13.6.1.2.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
13.6.1.2.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
13.6.1.2.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
13.6.1.3. Rest of Middle East and Africa
13.6.1.3.1. Microgrid Market: By Grid Type , 2022-2032, USD (Billion)
13.6.1.3.2. Microgrid Market: By Source , 2022-2032, USD (Billion)
13.6.1.3.3. Microgrid Market: By Storage , 2022-2032, USD (Billion)
13.6.1.3.4. Microgrid Market: By Application , 2022-2032, USD (Billion)
14. Company Profile
14.1. ABB
14.1.1. Company Overview
14.1.2. Financial Performance
14.1.3. Product Portfolio
14.1.4. Strategic Initiatives
14.2. Siemens AG
14.2.1. Company Overview
14.2.2. Financial Performance
14.2.3. Product Portfolio
14.2.4. Strategic Initiatives
14.3. Schneider Electric SE
14.3.1. Company Overview
14.3.2. Financial Performance
14.3.3. Product Portfolio
14.3.4. Strategic Initiatives
14.4. S&C Electric Company
14.4.1. Company Overview
14.4.2. Financial Performance
14.4.3. Product Portfolio
14.4.4. Strategic Initiatives
14.5. General Electric Company
14.5.1. Company Overview
14.5.2. Financial Performance
14.5.3. Product Portfolio
14.5.4. Strategic Initiatives
14.6. HOMER Energy LLC
14.6.1. Company Overview
14.6.2. Financial Performance
14.6.3. Product Portfolio
14.6.4. Strategic Initiatives
14.7. Eaton Corporation Inc.
14.7.1. Company Overview
14.7.2. Financial Performance
14.7.3. Product Portfolio
14.7.4. Strategic Initiatives
14.8. Honeywell International Inc.
14.8.1. Company Overview
14.8.2. Financial Performance
14.8.3. Product Portfolio
14.8.4. Strategic Initiatives
14.9. Exelon Corporation
14.9.1. Company Overview
14.9.2. Financial Performance
14.9.3. Product Portfolio
14.9.4. Strategic Initiatives
14.10. Power Analytics Corporation
14.10.1. Company Overview
14.10.2. Financial Performance
14.10.3. Product Portfolio
14.10.4. Strategic Initiatives
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