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Global Remote Microgrid Market 2015-2019

About remote microgrid

A remote microgrid is a type of localized power grid, which is smaller than the conventional centralized electrical grid. Remote microgrids produce, distribute, and control the flow of energy to consumers. Microgrids are useful during power failures in central grid systems as they operate independently.

Technavio’s analysts forecast the global remote microgrid market to grow at a CAGR of 12.7% during the period 2014-2019.

Covered in this report

Technavio’s report, Global Remote Microgrid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes the segmentation of the global remote microgrid market on the basis of applications: (Industrial remote mine systems, grid island system, remote military microgrids, and village electrification) and geography (the Americas, APAC, and EMEA). The report also includes a discussion on the key vendors operating in this market.

Key vendors

  • ABB
  • GE Digital energy
  • S&C Electric
  • Siemens
  • Toshiba
Other prominent vendors
  • Chevron Energy
  • Microgrid Solar
  • General Microgrids
Market driver
  • Increase in microgrid installations
  • For a full, detailed list, view our report
Market challenge
  • High cost of implementation
  • For a full, detailed list, view our report
Market trend
  • Increased R&D
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Remote Microgrid 2015-2019

Technavio recognizes the following companies as the key players in the Global Remote Microgrid: ABB, GE Digital, Siemens and Toshiba

Other Prominent Vendors in the market are: Chevron Energy, Microgrid Solar and General Microgrids

Commenting on the report, an analyst from Technavio’s team said: “Key market vendors such as ABB, Siemens, and GE Electric have also increased their investments in R&D for the development of sophisticated remote microgrids. They are associating with suppliers and value-added resellers. The growing focus on R&D and establishing partnership networks is helping vendors to generate energy in an economical way. We expect the financial support for remote microgrids by the US, the US Agency for International Development, and entities such as the Clinton Climate Initiative and the Bill Gates Foundation to provide the necessary market boost.”

According to the report, governments worldwide are supporting remote microgrid installations through incentives. They are providing incentives to promote the use of renewable power generation and electric vehicles, which has increased the demand for microgrids. Moreover, governments have started investing in advanced energy infrastructure projects to develop remote microgrids that can sustain the increased demand for power supply by end-users.

Further, the report states that the high implementation cost of remote microgrids hinders market growth, especially in APAC, as it is not affordable for SMEs.

Companies Mentioned

ABB, GE Digital, Siemens, Toshiba, Chevron Energy, Microgrid Solar, General Microgrids

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global remote microgrid market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global remote microgrid market by application 2014
      • Table Global remote microgrid market by application 2014
    • Global remote microgrid market by application 2019
      • Table Global remote microgrid market by application 2019
      • Table Global remote microgrid market by application 2014-2019
    • Village electrification in the global remote microgrid market
      • Table Village electrification in the global remote microgrid market 2014-2019 ($ billions)
    • Grid island systems in the global remote microgrid market
      • Table Grid island systems in the global remote microgrid market 2014-2019 ($ billions)
    • Industrial remote mine systems in the global remote microgrid market
      • Table Industrial remote mine systems in the global remote microgrid market 2014-2019 ($ billions)
      • Table Benefits of remote microgrids at mining sites
    • Remote military microgrids in the global remote microgrid market by segment
      • Table Remote military microgrids in the global remote microgrid market 2014-2019 ($ millions)
  • Geographical segmentation
    • Global remote microgrid market by region 2014
      • Table Global remote microgrid market by region 2014
    • Global remote microgrid market by geographical segmentation 2019
      • Table Global remote microgrid market by region 2019
      • Table Global remote microgrid market by geographical segmentation 2014-2019
    • Remote microgrid market in APAC
      • Table Remote microgrid market in APAC 2014-2019 ($ billions)
    • Remote microgrid market in the Americas
      • Table Remote microgrid market in the Americas 2014-2019 ($ billions)
    • Remote microgrid market in EMEA
      • Table Remote microgrid market in EMEA 2014-2019 ($ billions)
  • Key leading countries
    • The US
    • China
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Geographical segmentation by revenue 2014
    • GE Digital Energy
    • Siemens Energy
    • S&C Electric
      • Table S&C Electric by Product segmentation
    • Toshiba
      • Table Business segmentation by revenue 2014
      • Table Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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