Microgrid Market

Best Price Guarantee	Publisher	Published Date	SKU
from $3,475	Evolve Business Intelligence	April, 2025	EVBI19932366

Best Price Guarantee
Price	from $3,475
Publisher	Evolve Business Intelligence
Published Date	April, 2025
SKU	EVBI19932366

Table of Contents
Description

The global Microgrid market was valued at $28.23 billion in 2020 and is projected to reach $63.90 billion by 2028, growing at a CAGR of 10.58% from 2021 to 2028. This growth is driven by several macro and microeconomic factors. There is a rising demand for clean energy in both commercial and residential sectors, with microgrids playing a crucial role in reducing carbon footprints. By utilizing technologies like green power production and equipment such as hybrid systems, wind systems, combustion turbines, and microturbines, microgrids contribute to a cleaner environment. Additionally, government and industry initiatives aimed at reducing carbon emissions are further propelling the growth of the microgrid market.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Connectivity (Grid Connected, Off-Grid/Island/Remote)
By Offering (Hardware, Software & Services)
By Grid Type (AC microgrid, DC microgrid, Hybrid microgrid)
By End Use (Commercial & Industrial, Remote, Government, Utilities, Institutes & Campuses, Others)

Key players

ABB
General Electric Company
Eaton Corporation Inc
Schneider Electric SE
Honeywell International Inc.
HOMER Energy LLC
S&C Electric Company
Siemens AG
Exelon Corporation
Power Analytics Corporation

Chapter 1. Executive Summary
Chapter 2. Scope of The Study: 2.1. Market Definition; 2.2. Scope of The Study; 2.2.1. Objectives of Report
Chapter 3. Evolve BI Methodology
Chapter 4. Market Insights and Trends: 4.1. Supply/ Value Chain Analysis; 4.2. Porter’s Five Forces Analysis; 4.2.1. Threat of New Entrants; 4.2.2. Bargaining Power of Buyers; 4.2.3. Bargaining Power of Suppliers; 4.2.4. Threat of Substitutes; 4.2.5. Industry Rivalry; 4.3. Impact of COVID-19 on Microgrid Market; 4.3.1. Impact on Market Size; 4.3.2. End User Trend, Preferences and Budget Impact; 4.3.3. Regulatory Framework/Government Policies; 4.3.4. Key Players Strategy to Tackle Negative Impact; 4.3.5. Opportunity Window
Chapter 5. Market Dynamics: 5.1. Introduction; 5.2. DRO Analysis; 5.2.1. Drivers; 5.2.2. Restraints; 5.2.3. Opportunities
Chapter 6. Global Microgrid Market, By Connectivity: 6.1. Introduction; 6.2. Grid Connected; 6.3. Off-Grid/Island/Remote
Chapter 7. Global Microgrid Market, By offering: 7.1. Introduction; 7.2. Hardware; 7.3. Software & Services
Chapter 8. Global Microgrid Market, By Grid Type: 8.1. Introduction; 8.2. AC microgrid; 8.3. DC microgrid; 8.4. Hybrid microgrid
Chapter 9. Global Microgrid Market, By End Use: 9.1. Introduction; 9.2. Commercial & Industrial; 9.3. Remote; 9.4. Government; 9.5. Utilities; 9.6. Institutes & Campuses; 9.7. Others
Chapter 10. Global Microgrid Market, By Region: 10.1. Introduction; 10.2. North America; 10.2.1. Introduction; 10.2.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.2.3. Market Size and Forecast, By Country, 2020 - 2028; 10.2.4. Market Size and Forecast, By connectivity, 2020 - 2028; 10.2.5. Market Size and Forecast, By offering, 2020 - 2028; 10.2.6. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.2.7. Market Size and Forecast, By End User, 2020 – 2028; 10.2.8. US; 10.2.8.1. Introduction; 10.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.2.8.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.2.8.4. Market Size and Forecast, By offering, 2020 - 2028; 10.2.8.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.2.8.6. Market Size and Forecast, By End User, 2020 - 2028; 10.2.9. Canada; 10.2.9.1. Introduction; 10.2.9.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.2.9.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.2.9.4. Market Size and Forecast, By offering, 2020 - 2028; 10.2.9.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.2.9.6. Market Size and Forecast, By End User, 2020 - 2028; 10.3. Europe; 10.3.1. Introduction; 10.3.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.3.3. Market Size and Forecast, By Country, 2020 - 2028; 10.3.4. Market Size and Forecast, By connectivity, 2020 - 2028; 10.3.5. Market Size and Forecast, By offering, 2020 - 2028; 10.3.6. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.3.7. Market Size and Forecast, By End User, 2020 – 2028; 10.3.8. Germany; 10.3.8.1. Introduction; 10.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.3.8.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.3.8.4. Market Size and Forecast, By offering, 2020 - 2028; 10.3.8.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.3.8.6. Market Size and Forecast, By End User, 2020 - 2028; 10.3.9. France; 10.3.9.1. Introduction; 10.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.3.9.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.3.9.4. Market Size and Forecast, By offering, 2020 - 2028; 10.3.9.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.3.9.6. Market Size and Forecast, By End User, 2020 - 2028; 10.3.10. UK; 10.3.10.1. Introduction; 10.3.10.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.3.10.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.3.10.4. Market Size and Forecast, By offering, 2020 - 2028; 10.3.10.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.3.10.6. Market Size and Forecast, By End User, 2020 - 2028; 10.3.11. Italy; 10.3.11.1. Introduction; 10.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.3.11.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.3.11.4. Market Size and Forecast, By offering, 2020 - 2028; 10.3.11.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.3.11.6. Market Size and Forecast, By End User, 2020 - 2028; 10.3.12. Rest of Europe; 10.3.12.1. Introduction; 10.3.12.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.3.12.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.3.12.4. Market Size and Forecast, By offering, 2020 - 2028; 10.3.12.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.3.12.6. Market Size and Forecast, By End User, 2020 - 2028; 10.4. Asia-Pacific; 10.4.1. Introduction; 10.4.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.4.3. Market Size and Forecast, By Country, 2020 - 2028; 10.4.4. Market Size and Forecast, By connectivity, 2020 - 2028; 10.4.5. Market Size and Forecast, By offering, 2020 - 2028; 10.4.6. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.4.7. Market Size and Forecast, By End User, 2020 - 2028; 10.4.8. China; 10.4.8.1. Introduction; 10.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.4.8.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.4.8.4. Market Size and Forecast, By offering, 2020 - 2028; 10.4.8.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.4.8.6. Market Size and Forecast, By End User, 2020 - 2028; 10.4.9. India; 10.4.9.1. Introduction; 10.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.4.9.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.4.9.4. Market Size and Forecast, By offering, 2020 - 2028; 10.4.9.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.4.9.6. Market Size and Forecast, By End User, 2020 - 2028; 10.4.10. Japan; 10.4.10.1. Introduction; 10.4.10.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.4.10.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.4.10.4. Market Size and Forecast, By offering, 2020 - 2028; 10.4.10.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.4.10.6. Market Size and Forecast, By End User, 2020 - 2028; 10.4.11. South Korea; 10.4.11.1. Introduction; 10.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.4.11.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.4.11.4. Market Size and Forecast, By offering, 2020 - 2028; 10.4.11.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.4.11.6. Market Size and Forecast, By End User, 2020 - 2028; 10.4.12. Rest of Asia-Pacific; 10.4.12.1. Introduction; 10.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.4.12.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.4.12.4. Market Size and Forecast, By offering, 2020 - 2028; 10.4.12.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.4.12.6. Market Size and Forecast, By End User, 2020 - 2028; 10.5. Rest of The World (RoW); 10.5.1. Introduction; 10.5.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.5.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.5.4. Market Size and Forecast, By offering, 2020 - 2028; 10.5.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.5.6. Market Size and Forecast, By End User, 2020 - 2028; 10.5.7. Market Size and Forecast, By Region, 2020 - 2028; 10.5.8. South America; 10.5.8.1. Introduction; 10.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.5.8.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.5.8.4. Market Size and Forecast, By offering, 2020 - 2028; 10.5.8.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.5.8.6. Market Size and Forecast, By End User, 2020 - 2028; 10.5.9. Middle East & Africa; 10.5.9.1. Introduction; 10.5.9.2. Driving Factors, Opportunity Analyzed and Key Trends; 10.5.9.3. Market Size and Forecast, By connectivity, 2020 - 2028; 10.5.9.4. Market Size and Forecast, By offering, 2020 - 2028; 10.5.9.5. Market Size and Forecast, By Grid Type, 2020 – 2028; 10.5.9.6. Market Size and Forecast, By End User, 2020 - 2028
Chapter 11. Competitive Landscape: 11.1. Introduction; 11.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
Chapter 12. Company Profiles: 12.1. ABB; 12.1.1. Business Overview; 12.1.2. Financial Analysis; 12.1.3. Product Portfolio; 12.1.4. Recent Development and Strategies Adopted; 12.1.5. SWOT Analysis; 12.2. General Electric Company; 12.2.1. Business Overview; 12.2.2. Financial Analysis; 12.2.3. Product Portfolio; 12.2.4. Recent Development and Strategies Adopted; 12.2.5. SWOT Analysis; 12.3. Eaton Corporation Inc; 12.3.1. Business Overview; 12.3.2. Financial Analysis; 12.3.3. Product Portfolio; 12.3.4. Recent Development and Strategies Adopted; 12.3.5. SWOT Analysis; 12.4. Schneider Electric SE; 12.4.1. Business Overview; 12.4.2. Financial Analysis; 12.4.3. Product Portfolio; 12.4.4. Recent Development and Strategies Adopted; 12.4.5. SWOT Analysis; 12.5. Honeywell International Inc.; 12.5.1. Business Overview; 12.5.2. Financial Analysis; 12.5.3. Product Portfolio; 12.5.4. Recent Development and Strategies Adopted; 12.5.5. SWOT Analysis; 12.6. HOMER Energy LLC; 12.6.1. Business Overview; 12.6.2. Financial Analysis; 12.6.3. Product Portfolio; 12.6.4. Recent Development and Strategies Adopted; 12.6.5. SWOT Analysis; 12.7. S&C Electric Company; 12.7.1. Business Overview; 12.7.2. Financial Analysis; 12.7.3. Product Portfolio; 12.7.4. Recent Development and Strategies Adopted; 12.7.5. SWOT Analysis; 12.8. Siemens AG; 12.8.1. Business Overview; 12.8.2. Financial Analysis; 12.8.3. Product Portfolio; 12.8.4. Recent Development and Strategies Adopted; 12.8.5. SWOT Analysis; 12.9. Exelon Corporation; 12.9.1. Business Overview; 12.9.2. Financial Analysis; 12.9.3. Product Portfolio; 12.9.4. Recent Development and Strategies Adopted; 12.9.5. SWOT Analysis; 12.10. Power Analytics Corporation; 12.10.1. Business Overview; 12.10.2. Financial Analysis; 12.10.3. Product Portfolio; 12.10.4. Recent Development and Strategies Adopted; 12.10.5. SWOT Analysis
Chapter 13. Key Takeaways