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Microgrid Market by Grid Type (Grid-Connected, Remote, Hybrid), Component, Power Source (Fuel Cell, CHP, Renewables), Vertical (Government & Education, Residential & Commercial, Military & Others), and Geography - Global Forecast to 2022

Microgrid Market by Grid Type (Grid-Connected, Remote, Hybrid), Component, Power Source (Fuel Cell, CHP, Renewables), Vertical (Government & Education, Residential & Commercial, Military & Others), and Geography - Global Forecast to 2022

“The microgrid market expected to grow at a CAGR of 10.9%”
The microgrid market is expected to reach USD 34.94 billion by 2022, at a CAGR of 10.9% between 2016 and 2022. Growing demand for scalable and economic grid controls, cheap and clean energy storage options, and shift towards remote grids in the military segment are the factors driving the microgrid market positively.
“Remote/ island grid-type is in the growth phase; while, hybrid grid-type is in the introductory phase”
In the microgrid market, remote/ island grid-type is estimated to grow at a significant pace during the forecast period. Hybrid grid-type which operates using multiple power sources are trying to gain traction in the market. Presently, the use of remote grid-type is increasing owing to the launch of programs focused on demonstrating and subsidizing solar farm projects in Asian & African countries, such as India, China, Japan, Australia, South Korea, and countries in Africa among others.

“The market in APAC is expected to grow at the highest rate in the microgrid market”
The market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The growth is attributed to the large number of investments being made by both national and international companies, such as ABB, Siemens, GE and, Schneider Electric among others in this region.

Breakdown of profile of primary participants:
By Company Type-Tier 1- 17%, Tier 2- 50%, Tier 3- 33%
By Designation –C Level- 28%, Director Level- 29%; Others- 43%
By Region- North America-29%, Europe-57%, Asia-Pacific-14%
The key players operating in this market include ABB Ltd. (Switzerland), Anbaric Transmission (U.S.), Eaton Corp plc (Ireland), Exelon Corp. (U.S.), General Electric (U.S.), Honeywell International, Inc. (U.S.), Northern Power Systems Corp. (U.S.), NRG Energy, Inc. (U.S.), Pareto Energy (U.S.), Siemens AG (Germany), and Spirae, Inc. (U.S.) among others.

“Reasons to buy the report”:
This report includes the market statistics pertaining to microgrid grid-type, component, power source, vertical, and geography along with their respective revenues and power generation capacity.
The Porter’s Five Forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the microgrid market.
Major drivers, restraints, opportunities and, challenges for the microgrid market have been detailed in this report.
Illustrative segmentation, analysis, and forecast for the markets based on microgrid grid-type, component, power source, vertical, and geography has been conducted to give an overall view of the microgrid market.
A detailed competitive landscape includes key players, in-depth analysis, and revenue of key players.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHT
    • INCREASING OPPORTUNITIES IN THE RESIDENTIAL & COMMERCIAL VERTICAL IS EXPECTED TO DRIVE THE MICROGRID MARKET DURING THE FORECAST PERIOD
    • MICROGRID MARKET: BY GRID TYPE, IN TERMS OF CAPACITY
    • CHINA DOMINATES THE OVERALL MICROGRID MARKET IN 2015
    • AMERICAS HELD THE LARGEST MARKET SHARE IN THE MICROGRID MARKET IN 2015
    • RENEWABLE POWER SOURCE IN MICROGRID MARKET
    • LIFE CYCLE ANALYSIS, BY GEOGRAPHY
  • MARKET OVERVIEW
    • MARKET SEGMENTATION
      • Table MICROGRID MARKET SEGMENTATION, BY GRID TYPE
      • Table MICROGRID MARKET SEGMENTATION, BY COMPONENT
      • Table MICROGRID MARKET SEGMENTATION, BY POWER SOURCE
      • Table MICROGRID MARKET SEGMENTATION, BY VERTICAL
    • MARKET DYNAMICS
      • DRIVERS
        • Table INCREASE IN DEMAND FOR SCALABLE AND ECONOMIC GRID CONTROL IS PROPELLING THE GROWTH OF MICROGRID MARKET DURING THE FORECAST PERIOD
      • RESTRAINTS
        • Table HIGH FINANCIAL COST OF DISTRIBUTED ENERGY RESOURCES TO ACT AS A RESTRAINT FOR THE MICROGRID MARKET
      • OPPORTUNITIES
        • Table INCREASE IN THE NUMBER OF RURAL ELECTRIFICATION PROJECTS IS A HUGE OPPORTUNITY FOR THE MICROGRID MARKET
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • Table FUNCTION & STAKEHOLDERS IN A MICROGRID VALUE CHAIN
    • PORTER'S FIVE FORCES ANALYSIS
      • Table PORTER'S FIVE FORCES ANALYSIS: THREAT OF SUBSTITUTES LIKELY TO HAVE MINIMUM IMPACT ON THE OVERALL MARKET
      • INTENSITY OF COMPETITIVE RIVALRY
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF NEW ENTRANTS
    • REGULATORY LANDSCAPE
      • Table MICROGRID MARKET: REGULATORY LANDSCAPE
  • MICROGRID MARKET, BY GRID TYPE
    • INTRODUCTION
      • Table MICROGRID MARKET, BY GRID TYPE, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET, BY GRID TYPE, 2013-2022 (IN GW)
    • GRID-CONNECTED TYPE
      • Table MARKET FOR GRID-CONNECTED MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table GOVERNMENT & EDUCATION: MARKET FOR GRID-CONNECTED MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table RESIDENTIAL & COMMERCIAL: MARKET FOR GRID-CONNECTED MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
    • REMOTE/ ISLAND TYPE
      • Table MARKET FOR REMOTE/ ISLAND MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table GOVERNMENT & EDUCATION: MARKET FOR REMOTE/ ISLAND MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table RESIDENTIAL & COMMERCIAL: MARKET FOR REMOTE/ ISLAND MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
    • HYBRID TYPE
      • Table MARKET FOR HYBRID MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table GOVERNMENT & EDUCATION: MARKET FOR HYBRID MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table RESIDENTIAL & COMMERCIAL: MARKET FOR HYBRID MICROGRIDS, BY VERTICAL, 2013-2022 (USD BILLION)
  • MICROGRID MARKET, BY COMPONENT
    • INTRODUCTION
      • Table MICROGRID MARKET, BY COMPONENT, 2013-2022 (USD BILLION)
    • GENERATION
    • SWITCH GEAR
    • CONTROLS
    • CABLE
    • SOFTWARE & SERVICES
  • MICROGRID MARKET, BY POWER SOURCE
    • INTRODUCTION
      • Table MICROGRID MARKET, BY POWER SOURCE, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET, BY POWER SOURCE, 2013-2022 (IN GW)
    • FUEL CELL
      • Table MARKET FOR FUEL CELL OF POWER SOURCE, BY REGION, 2013-2022 (USD BILLION)
    • CHP
      • Table MARKET FOR CHP OF POWER SOURCE, BY REGION, 2013-2022 (USD BILLION)
    • RENEWABLES
      • Table MICROGRID MARKET, BY RENEWABLE POWER SOURCE, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET, BY RENEWABLE POWER SOURCE, 2013-2022 (IN GW)
      • Table MARKET FOR RENEWABLES OF POWER SOURCE, BY REGION, 2013-2022 (USD BILLION)
      • PV CELLS
        • Table MARKET FOR PV CELLS OF RENEWABLES, BY REGION, 2013-2022 (USD BILLION)
      • WIND-BASED
        • Table MARKET FOR WIND-BASED SOURCE OF RENEWABLES, BY REGION, 2013-2022 (USD BILLION)
      • OTHERS
        • Table MARKET FOR OTHERS OF RENEWABLES, BY REGION, 2013-2022 (USD BILLION)
  • MICROGRID MARKET, BY VERTICAL
    • INTRODUCTION
      • Table MICROGRID MARKET, BY VERTICAL, 2013-2022 (USD BILLION)
    • GOVERNMENT & EDUCATION
      • Table MICROGRID MARKET, BY GOVERNMENT AND EDUCATION VERTICAL, 2013-2022 (USD BILLION)
      • Table MARKET FOR GOVERNMENT & EDUCATION VERTICAL OF MICROGRIDS, BY GRID TYPE, 2013-2022 (USD BILLION)
      • Table MARKET FOR GOVERNMENT & EDUCATION VERTICAL OF MICROGRIDS, BY REGION, 2013-2022 (USD BILLION)
      • INSTITUTION & RESEARCH ORGANIZATION
        • Table MARKET FOR INSTITUTION & RESEARCH VERTICAL OF GOVERNMENT & EDUCATION, BY GRID TYPE, 2013-2022 (USD BILLION)
      • GOVERNMENT ORGANIZATION
        • Table MARKET FOR GOVERNMENT ORGANIZATION VERTICAL OF GOVERNMENT & EDUCATION, BY GRID TYPE, 2013-2022 (USD BILLION)
    • RESIDENTIAL & COMMERCIAL
      • Table MICROGRID MARKET, BY RESIDENTIAL & COMMERCIAL VERTICAL, 2013-2022 (USD BILLION)
      • Table MARKET FOR RESIDENTIAL & COMMERCIAL VERTICAL OF MICROGRIDS, BY GRID TYPE, 2013-2022 (USD BILLION)
      • Table MARKET FOR RESIDENTIAL & COMMERCIAL VERTICAL OF MICROGRIDS, BY REGION, 2013-2022 (USD BILLION)
      • RESIDENTIAL
        • Table MARKET FOR RESIDENTIAL VERTICAL OF RESIDENTIAL & COMMERCIAL, BY GRID TYPE, 2013-2022 (USD BILLION)
      • HEALTHCARE
        • Table MARKET FOR HEALTHCARE VERTICAL OF RESIDENTIAL & COMMERCIAL, BY GRID TYPE, 2013-2022 (USD BILLION)
      • OTHERS
        • Table MARKET FOR OTHERS OF RESIDENTIAL & COMMERCIAL VERTICAL, BY GRID TYPE, 2013-2022 (USD BILLION)
    • INDUSTRIAL
      • Table MICROGRID MARKET, BY INDUSTRIAL VERTICAL, 2013-2022 (USD BILLION)
      • Table MARKET FOR INDUSTRIAL VERTICAL OF MICROGRIDS, BY REGION, 2013-2022 (USD BILLION)
    • MILITARY
      • Table MICROGRID MARKET, BY MILITARY VERTICAL, 2013-2022 (USD BILLION)
      • Table MARKET FOR MILITARY VERTICAL OF MICROGRIDS, BY REGION, 2013-2022 (USD BILLION)
    • UTILITY
      • Table MICROGRID MARKET, BY UTILITY VERTICAL, 2013-2022 (USD BILLION)
      • Table MARKET FOR UTILITY VERTICAL OF MICROGRIDS, BY REGION, 2013-2022 (USD BILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table MICROGRID MARKET, BY REGION, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET, BY REGION, 2013-2022 (IN GW)
    • AMERICAS
      • Table MICROGRID MARKET IN THE AMERICAS, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET IN THE AMERICAS, BY POWER SOURCE, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET IN THE AMERICAS, BY RENEWABLE POWER SOURCE, 2013-2022 (USD BILLION)
      • Table AMERICAS: MICROGRID MARKET, BY REGION, 2013-2022 (USD BILLION)
      • NORTH AMERICA
        • Table NORTH AMERICA: MICROGRID MARKET, BY GEOGRAPHY, 2013-2022 (USD BILLION)
      • LATIN AMERICA
        • Table LATIN AMERICA: MICROGRID MARKET, BY GEOGRAPHY, 2013-2022 (USD BILLION)
    • EUROPE
      • Table MICROGRID MARKET IN EUROPE, BY VERTICAL, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET IN EUROPE, BY POWER SOURCE, 2013-2022 (USD BILLION)
      • Table MICROGRID MARKET IN EUROPE, BY RENEWABLE POWER SOURCE, 2013-2022 (USD BILLION)
      • Table EUROPE: MICROGRID MARKET, BY REGION, 2013-2022 (USD BILLION)
      • WESTERN EUROPE
        • Table WESTERN EUROPE: MICROGRID MARKET, BY GEOGRAPHY, 2013-2022 (USD BILLION)
      • EASTERN EUROPE
        • Table EASTERN EUROPE: MICROGRID MARKET, BY GEOGRAPHY, 2013-2022 (USD BILLION)
      • REST OF EUROPE
    • APAC
      • DEVELOPMENT OF THE INDUSTRIAL SECTOR AND POWER INFRASTRUCTURE IS ALSO EXPECTED TO DRIVE THE MICROGRID MARKET IN APAC
        • Table MICROGRID MARKET IN APAC, BY VERTICAL, 2013-2022 (USD BILLION)
        • Table MICROGRID MARKET IN APAC, BY POWER SOURCE, 2013-2022 (USD BILLION)
        • Table MICROGRID MARKET IN APAC, BY RENEWABLE POWER SOURCE, 2013-2022 (USD BILLION)
      • INDIA
      • CHINA
      • AUSTRALIA
      • REST OF APAC
        • Table APAC: MICROGRID MARKET, BY GEOGRAPHY, 2013-2022 (USD BILLION)
    • REST OF THE WORLD
      • HEAVY INVESTMENTS BEING MADE BY INDIA AND CHINA IN THE ROW MINING MARKET
        • Table MICROGRID MARKET IN ROW, BY VERTICAL, 2013-2022 (USD BILLION)
        • Table MICROGRID MARKET IN ROW, BY POWER SOURCE, 2013-2022 (USD BILLION)
        • Table MICROGRID MARKET IN ROW, BY RENEWABLE POWER SOURCE, 2013-2022 (USD BILLION)
      • MIDDLE EAST
      • AFRICA
        • Table ROW: MICROGRID MARKET, BY REGION, 2013-2022 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING FOR MICROGRID MARKET
      • Table MARKET RANKING OF THE TOP 5 PLAYERS IN THE MICROGRID MARKET, 2014
    • COMPETITIVE SCENARIO
    • RECENT DEVELOPMENTS
      • PARTNERSHIP/ COLLABORATION/ AGREEMENT
        • Table PARTNERSHIP/ COLLABORATION/ AGREEMENT, 2013-2015
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCH, 2013-2015
      • EXPANSIONS
        • Table PARTNERSHIPS & JOINT VENTURES, 2013-2014
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EATON CORPORATION PLC
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENERAL ELECTRIC
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EXELON CORPORATION
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • NRG ENERGY, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • ANBARIC TRANSMISSION, LLC
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • PARETO ENERGY
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • SPIRAE, INC.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • NORTHERN POWER SYSTEMS CORP.
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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