Remote Microgrids
Global Remote Microgrids Market to Reach $14.3 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Remote Microgrids estimated at US$5.8 Billion in the year 2020, is projected to reach a revised size of US$14.3 Billion by 2027, growing at a CAGR of 13.8% over the analysis period 2020-2027. Village Electrification, one of the segments analyzed in the report, is projected to record a 13.6% CAGR and reach US$8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Grid Island Systems segment is readjusted to a revised 14.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 13% CAGR
The Remote Microgrids market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2027 trailing a CAGR of 13% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.4% and 11.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR.
Industrial Remote Mine Systems Segment to Record 12.7% CAGR
In the global Industrial Remote Mine Systems segment, USA, Canada, Japan, China and Europe will drive the 12.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$538.6 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 48 Featured) -
- General MicroGrids
- S&C Electric Company
- Siemens AG
- Toshiba Corporation
Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.
The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.
Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.
- I. METHODOLOGY
- II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Remote Microgrid – Global Key Competitors Percentage Market Share in 2020 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Remote Microgrids Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
- TABLE 2: World Recent Past, Current & Future Analysis for Remote Microgrids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
- TABLE 3: World 9-Year Perspective for Remote Microgrids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2019 & 2027
- TABLE 4: World Recent Past, Current & Future Analysis for Village Electrification by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
- TABLE 5: World 9-Year Perspective for Village Electrification by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
- TABLE 6: World Recent Past, Current & Future Analysis for Grid Island Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
- TABLE 7: World 9-Year Perspective for Grid Island Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
- TABLE 8: World Recent Past, Current & Future Analysis for Industrial Remote Mine Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
- TABLE 9: World 9-Year Perspective for Industrial Remote Mine Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
- TABLE 10: World Recent Past, Current & Future Analysis for Remote Military Microgrids by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
- TABLE 11: World 9-Year Perspective for Remote Military Microgrids by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
- III. MARKET ANALYSIS
- UNITED STATES
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2020 (E)
- TABLE 12: USA Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 13: USA 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- CANADA
- TABLE 14: Canada Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 15: Canada 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- JAPAN
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2020 (E)
- TABLE 16: Japan Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 17: Japan 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- CHINA
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2020 (E)
- TABLE 18: China Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 19: China 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- EUROPE
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2020 (E)
- TABLE 20: Europe Recent Past, Current & Future Analysis for Remote Microgrids by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
- TABLE 21: Europe 9-Year Perspective for Remote Microgrids by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2019 & 2027
- TABLE 22: Europe Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 23: Europe 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- FRANCE
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2020 (E)
- TABLE 24: France Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 25: France 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- GERMANY
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2020 (E)
- TABLE 26: Germany Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 27: Germany 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- ITALY
- TABLE 28: Italy Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 29: Italy 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- UNITED KINGDOM
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2020 (E)
- TABLE 30: UK Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 31: UK 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- REST OF EUROPE
- TABLE 32: Rest of Europe Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 33: Rest of Europe 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- ASIA-PACIFIC
- Remote Microgrids Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2020 (E)
- TABLE 34: Asia-Pacific Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 35: Asia-Pacific 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- REST OF WORLD
- TABLE 36: Rest of World Recent Past, Current & Future Analysis for Remote Microgrids by Application - Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
- TABLE 37: Rest of World 9-Year Perspective for Remote Microgrids by Application - Percentage Breakdown of Value Sales for Village Electrification, Grid Island Systems, Industrial Remote Mine Systems and Remote Military Microgrids for the Years 2019 & 2027
- IV. COMPETITION