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A microgrid can be defined as a local grid that can be connected to and disconnected from a traditional utility grid to provide better reliability and grid resilience. A microgrid is the interconnection between a distributed energy source and a load within a well-defined electrical boundary. It acts as a controllable entity. Microgrids can operate autonomously because they are very useful during mains grid failures and they can help mitigate the risks caused by grid disturbances and faults. Since the microgrid can be easily connected to and disconnected from the mains, it can operate in grid-connected and island mode.
The business intelligence report on Microgrids market’ offers a detailed comprehension of the industry’s growth trajectory over 2021-2027. It underlines critical aspects like of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
The research literature highlights the major driving forces, restraints, and opportunities together with other qualitative and quantitative data to impart a deep understanding of the industry’s behavior. Besides, it entails in-depth segmental data with respect to type, end-use, and geography to unveil the key growth avenues for the future. Lastly, the study depicts an intricate analysis of the prominent players based on the product portfolio, distribution channel, financials, and strategies to help stakeholders making the right decisions.
Some of the companies that are profiled in this report are:
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Market Data Breakdown and Growth Pattern by Type
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Market Data Breakdown and Growth Pattern by End-Use Industry / Applications
Microgrids Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic overview of the market situations in the forecast period. It is a professional and detailed report focusing on primary and secondary drivers, market share, leading segments, and geographical analysis. Further, key players, major collaborations, mergers & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Microgrids Market
We have studied the Microgrids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2027.
How you may use our products:
• Correctly Positioning New Products
• Market Entry Strategies
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Table of Content
1 Microgrids Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Microgrids Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Microgrids Market Forces
3.1 Global Microgrids Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Microgrids Market - By Geography
4.1 Global Microgrids Market Value and Market Share by Regions
4.1.1 Global Microgrids Value ($) by Region (2015-2020)
4.1.2 Global Microgrids Value Market Share by Regions (2015-2020)
4.2 Global Microgrids Market Production and Market Share by Major Countries
4.2.1 Global Microgrids Production by Major Countries (2015-2020)
4.2.2 Global Microgrids Production Market Share by Major Countries (2015-2020)
4.3 Global Microgrids Market Consumption and Market Share by Regions
4.3.1 Global Microgrids Consumption by Regions (2015-2020)
4.3.2 Global Microgrids Consumption Market Share by Regions (2015-2020)
5 Microgrids Market - By Trade Statistics
5.1 Global Microgrids Export and Import
5.2 United States Microgrids Export and Import (2015-2020)
5.3 Europe Microgrids Export and Import (2015-2020)
5.4 China Microgrids Export and Import (2015-2020)
5.5 Japan Microgrids Export and Import (2015-2020)
5.6 India Microgrids Export and Import (2015-2020)
5.7
6 Microgrids Market - By Type
6.1 Global Microgrids Production and Market Share by Types (2015-2020)
6.1.1 Global Microgrids Production by Types (2015-2020)
6.1.2 Global Microgrids Production Market Share by Types (2015-2020)
6.2 Global Microgrids Value and Market Share by Types (2015-2020)
6.2.1 Global Microgrids Value by Types (2015-2020)
6.2.2 Global Microgrids Value Market Share by Types (2015-2020)
6.3 Global Microgrids Production, Price and Growth Rate of Software (2015-2020)
6.4 Global Microgrids Production, Price and Growth Rate of Hardware (2015-2020)
6.5 Global Microgrids Production, Price and Growth Rate of Micro-Grid Solutions (2015-2020)
7 Microgrids Market - By Application
7.1 Global Microgrids Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Microgrids Consumption by Applications (2015-2020)
7.1.2 Global Microgrids Consumption Market Share by Applications (2015-2020)
7.2 Global Microgrids Consumption and Growth Rate of Large Scale Solar Power Plant (2015-2020)
7.3 Global Microgrids Consumption and Growth Rate of Wind Power Plant (2015-2020)
7.4 Global Microgrids Consumption and Growth Rate of Renewable Energy (2015-2020)
7.5 Global Microgrids Consumption and Growth Rate of Storage System (2015-2020)
8 North America Microgrids Market
8.1 North America Microgrids Market Size
8.2 United States Microgrids Market Size
8.3 Canada Microgrids Market Size
8.4 Mexico Microgrids Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Microgrids Market Analysis
9.1 Europe Microgrids Market Size
9.2 Germany Microgrids Market Size
9.3 United Kingdom Microgrids Market Size
9.4 France Microgrids Market Size
9.5 Italy Microgrids Market Size
9.6 Spain Microgrids Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Microgrids Market Analysis
10.1 Asia-Pacific Microgrids Market Size
10.2 China Microgrids Market Size
10.3 Japan Microgrids Market Size
10.4 South Korea Microgrids Market Size
10.5 Southeast Asia Microgrids Market Size
10.6 India Microgrids Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Microgrids Market Analysis
11.1 Middle East and Africa Microgrids Market Size
11.2 Saudi Arabia Microgrids Market Size
11.3 UAE Microgrids Market Size
11.4 South Africa Microgrids Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Microgrids Market Analysis
12.1 South America Microgrids Market Size
12.2 Brazil Microgrids Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 HOMER Energy LLC
13.1.1 HOMER Energy LLC Basic Information
13.1.2 HOMER Energy LLC Product Profiles, Application and Specification
13.1.3 HOMER Energy LLC Microgrids Market Performance (2015-2020)
13.2 Microgrid Energy LLC
13.2.1 Microgrid Energy LLC Basic Information
13.2.2 Microgrid Energy LLC Product Profiles, Application and Specification
13.2.3 Microgrid Energy LLC Microgrids Market Performance (2015-2020)
13.3 ABB Ltd.
13.3.1 ABB Ltd. Basic Information
13.3.2 ABB Ltd. Product Profiles, Application and Specification
13.3.3 ABB Ltd. Microgrids Market Performance (2015-2020)
13.4 GE Digital Energy
13.4.1 GE Digital Energy Basic Information
13.4.2 GE Digital Energy Product Profiles, Application and Specification
13.4.3 GE Digital Energy Microgrids Market Performance (2015-2020)
13.5 Chevron Energy
13.5.1 Chevron Energy Basic Information
13.5.2 Chevron Energy Product Profiles, Application and Specification
13.5.3 Chevron Energy Microgrids Market Performance (2015-2020)
13.6 Toshiba Corporation,
13.6.1 Toshiba Corporation, Basic Information
13.6.2 Toshiba Corporation, Product Profiles, Application and Specification
13.6.3 Toshiba Corporation, Microgrids Market Performance (2015-2020)
13.7 Siemens
13.7.1 Siemens Basic Information
13.7.2 Siemens Product Profiles, Application and Specification
13.7.3 Siemens Microgrids Market Performance (2015-2020)
13.8 Honeywell International Inc.
13.8.1 Honeywell International Inc. Basic Information
13.8.2 Honeywell International Inc. Product Profiles, Application and Specification
13.8.3 Honeywell International Inc. Microgrids Market Performance (2015-2020)
13.9 Consert Inc.
13.9.1 Consert Inc. Basic Information
13.9.2 Consert Inc. Product Profiles, Application and Specification
13.9.3 Consert Inc. Microgrids Market Performance (2015-2020)
13.10 Power Analytics Corporation
13.10.1 Power Analytics Corporation Basic Information
13.10.2 Power Analytics Corporation Product Profiles, Application and Specification
13.10.3 Power Analytics Corporation Microgrids Market Performance (2015-2020)
13.11 S&C Electric Company
13.11.1 S&C Electric Company Basic Information
13.11.2 S&C Electric Company Product Profiles, Application and Specification
13.11.3 S&C Electric Company Microgrids Market Performance (2015-2020)
13.12 ZBB Energy Corporation
13.12.1 ZBB Energy Corporation Basic Information
13.12.2 ZBB Energy Corporation Product Profiles, Application and Specification
13.12.3 ZBB Energy Corporation Microgrids Market Performance (2015-2020)
13.13 Lockheed Martin Corporation
13.13.1 Lockheed Martin Corporation Basic Information
13.13.2 Lockheed Martin Corporation Product Profiles, Application and Specification
13.13.3 Lockheed Martin Corporation Microgrids Market Performance (2015-2020)
13.14 Viridity Energy, Inc.
13.14.1 Viridity Energy, Inc. Basic Information
13.14.2 Viridity Energy, Inc. Product Profiles, Application and Specification
13.14.3 Viridity Energy, Inc. Microgrids Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Microgrids Market Forecast (2020-2025)
14.2 Europe Microgrids Market Forecast (2020-2025)
14.3 Asia-Pacific Microgrids Market Forecast (2020-2025)
14.4 Middle East and Africa Microgrids Market Forecast (2020-2025)
14.5 South America Microgrids Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Microgrids Market Forecast by Types (2020-2025)
15.1.1 Global Microgrids Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Microgrids Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Microgrids Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Microgrids Picture
Table Microgrids Key Market Segments
Figure Study and Forecasting Years
Figure Global Microgrids Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Microgrids Value ($) and Growth Rate (2015-2020)
Table Global Microgrids Value ($) by Countries (2015-2020)
Table Global Microgrids Value Market Share by Regions (2015-2020)
Figure Global Microgrids Value Market Share by Regions in 2019
Figure Global Microgrids Production and Growth Rate (2015-2020)
Table Global Microgrids Production by Major Countries (2015-2020)
Table Global Microgrids Production Market Share by Major Countries (2015-2020)
Figure Global Microgrids Production Market Share by Regions in 2019
Figure Global Microgrids Consumption and Growth Rate (2015-2020)
Table Global Microgrids Consumption by Regions (2015-2020)
Table Global Microgrids Consumption Market Share by Regions (2015-2020)
Figure Global Microgrids Consumption Market Share by Regions in 2019
Table Global Microgrids Export Top 3 Country 2019
Table Global Microgrids Import Top 3 Country 2019
Table United States Microgrids Export and Import (2015-2020)
Table Europe Microgrids Export and Import (2015-2020)
Table China Microgrids Export and Import (2015-2020)
Table Japan Microgrids Export and Import (2015-2020)
Table India Microgrids Export and Import (2015-2020)
Table Global Microgrids Production by Types (2015-2020)
Table Global Microgrids Production Market Share by Types (2015-2020)
Figure Global Microgrids Production Share by Type (2015-2020)
Table Global Microgrids Value by Types (2015-2020)
Table Global Microgrids Value Market Share by Types (2015-2020)
Figure Global Microgrids Value Share by Type (2015-2020)
Figure Global Software Production and Growth Rate (2015-2020)
Figure Global Software Price (2015-2020)
Figure Global Hardware Production and Growth Rate (2015-2020)
Figure Global Hardware Price (2015-2020)
Figure Global Micro-Grid Solutions Production and Growth Rate (2015-2020)
Figure Global Micro-Grid Solutions Price (2015-2020)
Table Global Microgrids Consumption by Applications (2015-2020)
Table Global Microgrids Consumption Market Share by Applications (2015-2020)
Figure Global Microgrids Consumption Share by Application (2015-2020)
Figure Global Large Scale Solar Power Plant Consumption and Growth Rate (2015-2020)
Figure Global Wind Power Plant Consumption and Growth Rate (2015-2020)
Figure Global Renewable Energy Consumption and Growth Rate (2015-2020)
Figure Global Storage System Consumption and Growth Rate (2015-2020)
Figure North America Microgrids Market Consumption and Growth Rate (2015-2020)
Table North America Microgrids Consumption by Countries (2015-2020)
Table North America Microgrids Consumption Market Share by Countries (2015-2020)
Figure North America Microgrids Consumption Market Share by Countries (2015-2020)
Figure United States Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Canada Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Mexico Microgrids Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Microgrids Market Consumption and Growth Rate (2015-2020)
Table Europe Microgrids Consumption by Countries (2015-2020)
Table Europe Microgrids Consumption Market Share by Countries (2015-2020)
Figure Europe Microgrids Consumption Market Share by Countries (2015-2020)
Figure Germany Microgrids Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Microgrids Market Consumption and Growth Rate (2015-2020)
Figure France Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Italy Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Spain Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Microgrids Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Microgrids Consumption by Countries (2015-2020)
Table Asia-Pacific Microgrids Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Microgrids Consumption Market Share by Countries (2015-2020)
Figure China Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Japan Microgrids Market Consumption and Growth Rate (2015-2020)
Figure South Korea Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Microgrids Market Consumption and Growth Rate (2015-2020)
Figure India Microgrids Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Microgrids Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Microgrids Consumption by Countries (2015-2020)
Table Middle East and Africa Microgrids Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Microgrids Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Microgrids Market Consumption and Growth Rate (2015-2020)
Figure UAE Microgrids Market Consumption and Growth Rate (2015-2020)
Figure South Africa Microgrids Market Consumption and Growth Rate (2015-2020)
Figure South America Microgrids Market Consumption and Growth Rate (2015-2020)
Table South America Microgrids Consumption by Countries (2015-2020)
Table South America Microgrids Consumption Market Share by Countries (2015-2020)
Figure South America Microgrids Consumption Market Share by Countries (2015-2020)
Figure Brazil Microgrids Market Consumption and Growth Rate (2015-2020)
Table HOMER Energy LLC Company Profile
Table HOMER Energy LLC Production, Value, Price, Gross Margin 2015-2020
Figure HOMER Energy LLC Production and Growth Rate
Figure HOMER Energy LLC Value ($) Market Share 2015-2020
Table Microgrid Energy LLC Company Profile
Table Microgrid Energy LLC Production, Value, Price, Gross Margin 2015-2020
Figure Microgrid Energy LLC Production and Growth Rate
Figure Microgrid Energy LLC Value ($) Market Share 2015-2020
Table ABB Ltd. Company Profile
Table ABB Ltd. Production, Value, Price, Gross Margin 2015-2020
Figure ABB Ltd. Production and Growth Rate
Figure ABB Ltd. Value ($) Market Share 2015-2020
Table GE Digital Energy Company Profile
Table GE Digital Energy Production, Value, Price, Gross Margin 2015-2020
Figure GE Digital Energy Production and Growth Rate
Figure GE Digital Energy Value ($) Market Share 2015-2020
Table Chevron Energy Company Profile
Table Chevron Energy Production, Value, Price, Gross Margin 2015-2020
Figure Chevron Energy Production and Growth Rate
Figure Chevron Energy Value ($) Market Share 2015-2020
Table Toshiba Corporation, Company Profile
Table Toshiba Corporation, Production, Value, Price, Gross Margin 2015-2020
Figure Toshiba Corporation, Production and Growth Rate
Figure Toshiba Corporation, Value ($) Market Share 2015-2020
Table Siemens Company Profile
Table Siemens Production, Value, Price, Gross Margin 2015-2020
Figure Siemens Production and Growth Rate
Figure Siemens Value ($) Market Share 2015-2020
Table Honeywell International Inc. Company Profile
Table Honeywell International Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Honeywell International Inc. Production and Growth Rate
Figure Honeywell International Inc. Value ($) Market Share 2015-2020
Table Consert Inc. Company Profile
Table Consert Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Consert Inc. Production and Growth Rate
Figure Consert Inc. Value ($) Market Share 2015-2020
Table Power Analytics Corporation Company Profile
Table Power Analytics Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Power Analytics Corporation Production and Growth Rate
Figure Power Analytics Corporation Value ($) Market Share 2015-2020
Table S&C Electric Company Company Profile
Table S&C Electric Company Production, Value, Price, Gross Margin 2015-2020
Figure S&C Electric Company Production and Growth Rate
Figure S&C Electric Company Value ($) Market Share 2015-2020
Table ZBB Energy Corporation Company Profile
Table ZBB Energy Corporation Production, Value, Price, Gross Margin 2015-2020
Figure ZBB Energy Corporation Production and Growth Rate
Figure ZBB Energy Corporation Value ($) Market Share 2015-2020
Table Lockheed Martin Corporation Company Profile
Table Lockheed Martin Corporation Production, Value, Price, Gross Margin 2015-2020
Figure Lockheed Martin Corporation Production and Growth Rate
Figure Lockheed Martin Corporation Value ($) Market Share 2015-2020
Table Viridity Energy, Inc. Company Profile
Table Viridity Energy, Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Viridity Energy, Inc. Production and Growth Rate
Figure Viridity Energy, Inc. Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Microgrids Market Forecast Production by Types (2020-2025)
Table Global Microgrids Market Forecast Production Share by Types (2020-2025)
Table Global Microgrids Market Forecast Value ($) by Types (2020-2025)
Table Global Microgrids Market Forecast Value Share by Types (2020-2025)
Table Global Microgrids Market Forecast Consumption by Applications (2020-2025)
Table Global Microgrids Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Microgrids Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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