Market Overview

The Microgrid Market in Europe 2018-2025: Company Profiles, Size, Share, Growth, and Trends - ResearchAndMarkets.com

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The "Europe
Microgrid Market - Companies Profiles, Size, Share, Growth, Trends and
Forecast to 2025"
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Europe microgrid market is expected to grow at a lucrative rate of CAGR
in the assessment period.

The report contains data for historic year 2016, the base year of
calculation is 2017 and the forecast period is 2018 to 2025.

The Europe microgrid market is segmented based on grid type into three
notable segments; AC microgrid, DC microgrid, and hybrid. In 2018,
hybrid segment is valued to rule with the highest CAGR of in 2025.

The Europe microgrid market is segmented based on connectivity into two
notable segments grid connected and remote/island. In 2018, grid
connected segment is valued to rule with the highest market shares by
2025.

The Europe microgrid market is segmented based on offering into
hardware, software, and services. In 2018, hardware segment is valued to
rule with highest market shares in 2025.

The Europe microgrid market is segmented based on vertical into five
notable segments healthcare, educational institutions, industrial,
military, and electric utility. In 2018, healthcare segment is valued to
rule with highest market shares and retail & grocery stores is rising at
the highest CAGR

The Europe microgrid market is segmented based on power into natural
gas, combined heat and power, diesel, solar, fuel cells, others. In
2018, diesel segment is valued to rule with highest market shares and
retail & grocery stores is rising at the highest CAGR.

Market Dynamics

Drivers

  • Increased Demand of Automated Grid Systems
  • Reduction in Carbon Footprint
  • Advancement in Microgrid Connectivity by Integration of IoT
  • Benefits of Low Cost and Clean Energy Storage

Restraints

  • High Cost for Installation
  • Franchise Rights for Connecting Microgrids
  • Complications Related to Registration and Land Acquisitions for
    Installation of Solar PV

Opportunities

  • Rise in Number of Installations of Microgrids in Emerging Regions
  • Rising Demand in Healthcare and Military Verticals

Challenges

  • Complicated Process of Installation and Designing
  • Risks Associated With Installation and Implementation of Microgrids
  • Stringent Regulatory Policies

Companies Featured

  • ABB
  • General Electric Company
  • Siemens AG
  • Honeywell International Inc.
  • Eaton Corporation PLC
  • Advanced Microgrid Solutions
  • Caterpillar Inc.
  • Chevron Corporation
  • Cummins Inc.
  • Exelon Corporation
  • Green Energy Corp.
  • Homer Energy LLC
  • Microgrid Energy
  • Pareto Energy
  • Power Analytics Corporation
  • S&C Electric Company
  • Schneider Electric
  • Tesla Inc.
  • Toshiba Corporation

For more information about this report visit https://www.researchandmarkets.com/research/whw62t/the_microgrid?w=4

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