Market Overview

Global Microgrid Market 2018-2025 - Rising Demand In Healthcare and Military Verticals

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Global Microgrid Market 2018-2025 - Rising Demand In Healthcare and Military Verticals

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DUBLIN, Aug 23, 2018 /PRNewswire/ --

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The "Global Microgrid Market - Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

Global microgrid market is expected to register a healthy CAGR in the forecast period 2018 to 2025.

The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. Prominent factors driving the growth of this market consist of increased demand of automated grid systems, reduction in carbon footprint, advancement in microgrid connectivity by integration of IoT, and benefits of low cost and clean energy storage.

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

The global 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, rising at the highest CAGR.

The global microgrid market is segmented based on offering into hardware, software, and services. The hardware segment is further sub-segmented into switchgears, power inverters, smart meters, reciprocating engines, and energy storage systems and power generators. The energy storage systems and power generators segment is further sub-segmented into power generators and energy storage systems.

The power generator includes fuel cells and diesel gensets, chp and micro-chp, micro turbines, and renewables (PV cells, wind based, and others). The energy storage systems include lithium-ion batteries, lead-acid batteries, flywheels, flow batteries, and others. The services segment is further sub-segmented into engineering and design, monitoring and control, and operations & maintenance. In 2018, hardware segment is valued to rule with highest market shares and retail & grocery stores is rising at the highest CAGR.

The global microgrid market is segmented based on vertical into five notable segments healthcare, educational institutions, industrial, military, and electric utility. The industrial segment is further sub segmented as steel, mining, and others. The utility segment is further sub-segmented into urban electrification and rural electrification. In 2018, healthcare segment is valued to rule with highest market shares in 2025.

The global 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 .

The key market players for global microgrid market are listed below:

  • 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

The market is further segmented into:

  • Grid Type
  • Connectivity
  • Offering
  • Vertical
  • Power Source

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Overview of Global Microgrid Market
1.4 Currency and Pricing
1.5 Limitation
1.6 Markets Covered

2 Market Segmentation
2.1 Markets Covered
2.2 Geographic Scope
2.3 Years Considered For the Study
2.4 Currency and Pricing
2.5 Research Methodology
2.6 Primary Interviews With Key Opinion Leaders
2.7 Secondary Sources
2.8 Assumptions
2.9 Market Position Grid
2.10 Market Application Coverage Grid
2.11 Market Challenge Matrix

3 Market Overview
3.1 Drivers
3.1.1 Increased Demand of Automated Grid Systems
3.1.2 Reduction In Carbon Footprint
3.1.3 Advancement In Microgrid Connectivity by Integration of IOT
3.1.4 Benefits of Low Cost and Clean Energy Storage
3.2 Restraints
3.2.1 High Cost For Installation
3.2.2 Franchise Rights For Connecting Microgrids
3.2.3 Complications Related To Registration and Land Acquisitions For Installation of Solar Pv
3.3 Opportunity
3.3.1 Rise In Number of Installations of Microgrids In Emerging Regions
3.3.2 Rising Demand In Healthcare and Military Verticals
3.4 Challenges
3.4.1 Complicated Process of Installation and Designing
3.4.2 Risks Associated With Installation and Implementation of Microgrids
3.4.3 Stringent Regulatory Policies

4 Executive Summary

5 Premium Insights

6 Global Microgrid Market, by Grid Type
6.1 Overview
6.2 Ac Microgrid
6.3 Dc Microgrid
6.4 Hybrid

7 Global Microgrid Market, by Connectivity
7.1 Overview
7.2 Grid Connected
7.3 Remote/Island

8 Global Microgrid Market, by Offering
8.1 Overview
8.2 Hardware
8.2.1 Switchgears
8.2.2 Power Inverters
8.2.3 Smart Meters
8.2.4 Reciprocating Engines
8.2.5 Energy Storage Systems and Power Generators
8.2.5.1 Power Generators
8.2.5.1.1 Fuel Cells and Diesel Gensets
8.2.5.1.2 Chp and Micro-Chp
8.2.5.1.3 Microturbines
8.2.5.1.4 Renewables
8.2.5.1.4.1 Pv Cells
8.2.5.1.4.2 Wind Based
8.2.5.1.4.3 Others
8.2.5.2 Energy Storage Systems
8.2.5.2.1 Lithium-Ion Batteries
8.2.5.2.2 Lead-Acid Batteries
8.2.5.2.3 Flywheels
8.2.5.2.4 Flow Batteries
8.3 Software
8.4 Services
8.4.1.1 Engineering and Design
8.4.1.2 Monitoring and Control
8.4.1.3 Operations and Maintenance

9 Global Microgrid Market, by Vertical
9.1 Overview
9.2 Healthcare
9.3 Educational Institutions
9.4 Industrial
9.5 Military
9.6 Electric Utility

10 Global Microgrid Market, by Power Source
10.1 Overview
10.2 Natural Gas
10.3 Combined Heat and Power
10.4 Diesel
10.5 Solar
10.6 Fuel Cells
10.7 Others

11 Global Microgrid Market, by Geography

12 Global Microgrid Market, Company Landscape
12.1 Company Share Analysis: Global
12.2 Company Share Analysis: North America
12.3 Company Share Analysis: Europe
12.4 Company Share Analysis: Asia-Pacific

13 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/jwflms/global_microgrid?w=5

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