Microgrid Market Business Growth Statistics and Key Players Insights: ABB, GE, Echelon, S&C Electric Co, Siemens
This report analyzes the Global Microgrid Market and gives us the in-depth analysis of the present scenario and the future growth prospects. Simultaneously it also throws light on the overall positive factors.
(EMAILWIRE.COM, July 12, 2018 ) The microgrid market was valued at 11400 million US$ and it is expected to reach 34600 million US$ by the end of 2025, at a CAGR of 14.9% during the forecast period. Many countries are focusing on innovations, and expansions are being carried out through rural electrification projects, which would help increase the demand for microgrid systems in the coming years.
The microgrid market has been segmented on the basis of offering into hardware, software, and services. The market for software is expected to grow at the highest CAGR during the forecast period.
Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.
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This report focuses on the global top players, covered
• ABB
• GE
• Echelon
• S&C Electric Co
• Siemens
• General Microgrids
• Microgrid Solar
• Raytheon
• Sunverge Energy
• Toshiba
• NEC
• Aquion Energy
• EnStorage
• SGCC
• Moixa
• EnSync
• Ampard
• Green Energy Corp
• Growing Energy Labs Inc
• HOMER Energy
• Spirae, Inc.
ABB, GE and Echelon captured the top three revenue share spots in the Microgrid market in 2016. ABB dominated with 7.53 percent revenue share, followed by GE with 5.64 percent revenue share and Echelon with 5.03 percent revenue share.
Microgrid Technology used in industry including Campus/Institutional Microgrid, Community/Utility Microgrid, Commercial/Industrial Microgrid, Military Microgrid and Remote Microgrid. Report data showed that 41.79% of the Microgrid Technology market demand in Campus/Institutional Microgrid, 24.24% in Commercial/Industrial Microgrid, and 21.28% in Community/Utility Microgrid in 2016.
Market segment by Type, the product can be split into
• Grid-Tied Type Microgrid
• Independent Type Microgrid
Market segment by Application, split into
• Commercial/Industrial Microgrid
• Community/Utility Microgrid
• Campus/Institutional Microgrid
• Military Microgrid
• Remote Microgrid
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
North America is currently the largest microgrid market, having captured nearly half of all vendor revenue activity. The region holds a nearly identical market share (48.59%) compared with data presented in 2016
The second place is Asia regions; following North America with the Revenue market share over 27.83% in 2016. Europe is another important consumption market of Microgrid Technology.
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Briefly speaking, in the next few years, Microgrid Technology industry will still be a rapid development industry. Sales of Microgrid Technology have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
Microgrid Market study 2018 is a particular and in-depth analysis of the Microgrid industry with an attention on the worldwide market trend. The report intends to give a review of global Microgrid market with detailed market division by product, end users/applications and regional. The Microgrid market is required to witness high development amid the forecast period. This report provides in depth study of Microgrid market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization.
Major Points Covered in Table of Contents –
Global Microgrid Market Size, Status and Forecast 2025
1 Industry Overview of Microgrid
2 Global Microgrid Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Microgrid Market Size by Type and Application (2013-2018)
5 United States Microgrid Development Status and Outlook
6 Europe Microgrid Development Status and Outlook
7 China Microgrid Development Status and Outlook
8 Japan Microgrid Development Status and Outlook
9 Southeast Asia Microgrid Development Status and Outlook
10 India Microgrid Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Microgrid Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
Browse full report with Table of Content @ https://www.qyresearchgroups.com/report/global-microgrid-market-size-status-and-forecast-2025
About Us:
QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world's most complete and current database of expert insights on global industries, companies, products, and trends.
Contact us:
Email- sales@qyresearchgroups.com
Web- https://www.qyresearchgroups.com
The microgrid market has been segmented on the basis of offering into hardware, software, and services. The market for software is expected to grow at the highest CAGR during the forecast period.
Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.
Get Sample Copy of this Report @ https://www.qyresearchgroups.com/request-sample/928283
This report focuses on the global top players, covered
• ABB
• GE
• Echelon
• S&C Electric Co
• Siemens
• General Microgrids
• Microgrid Solar
• Raytheon
• Sunverge Energy
• Toshiba
• NEC
• Aquion Energy
• EnStorage
• SGCC
• Moixa
• EnSync
• Ampard
• Green Energy Corp
• Growing Energy Labs Inc
• HOMER Energy
• Spirae, Inc.
ABB, GE and Echelon captured the top three revenue share spots in the Microgrid market in 2016. ABB dominated with 7.53 percent revenue share, followed by GE with 5.64 percent revenue share and Echelon with 5.03 percent revenue share.
Microgrid Technology used in industry including Campus/Institutional Microgrid, Community/Utility Microgrid, Commercial/Industrial Microgrid, Military Microgrid and Remote Microgrid. Report data showed that 41.79% of the Microgrid Technology market demand in Campus/Institutional Microgrid, 24.24% in Commercial/Industrial Microgrid, and 21.28% in Community/Utility Microgrid in 2016.
Market segment by Type, the product can be split into
• Grid-Tied Type Microgrid
• Independent Type Microgrid
Market segment by Application, split into
• Commercial/Industrial Microgrid
• Community/Utility Microgrid
• Campus/Institutional Microgrid
• Military Microgrid
• Remote Microgrid
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
North America is currently the largest microgrid market, having captured nearly half of all vendor revenue activity. The region holds a nearly identical market share (48.59%) compared with data presented in 2016
The second place is Asia regions; following North America with the Revenue market share over 27.83% in 2016. Europe is another important consumption market of Microgrid Technology.
Check Discount @ https://www.qyresearchgroups.com/check-discount/928283
Briefly speaking, in the next few years, Microgrid Technology industry will still be a rapid development industry. Sales of Microgrid Technology have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
Microgrid Market study 2018 is a particular and in-depth analysis of the Microgrid industry with an attention on the worldwide market trend. The report intends to give a review of global Microgrid market with detailed market division by product, end users/applications and regional. The Microgrid market is required to witness high development amid the forecast period. This report provides in depth study of Microgrid market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization.
Major Points Covered in Table of Contents –
Global Microgrid Market Size, Status and Forecast 2025
1 Industry Overview of Microgrid
2 Global Microgrid Competition Analysis by Players
3 Company (Top Players) Profiles
4 Global Microgrid Market Size by Type and Application (2013-2018)
5 United States Microgrid Development Status and Outlook
6 Europe Microgrid Development Status and Outlook
7 China Microgrid Development Status and Outlook
8 Japan Microgrid Development Status and Outlook
9 Southeast Asia Microgrid Development Status and Outlook
10 India Microgrid Development Status and Outlook
11 Market Forecast by Regions, Type and Application (2018-2025)
12 Microgrid Market Dynamics
13 Market Effect Factors Analysis
14 Research Finding/Conclusion
15 Appendix
Browse full report with Table of Content @ https://www.qyresearchgroups.com/report/global-microgrid-market-size-status-and-forecast-2025
About Us:
QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world's most complete and current database of expert insights on global industries, companies, products, and trends.
Contact us:
Email- sales@qyresearchgroups.com
Web- https://www.qyresearchgroups.com
Contact Information:
QYResearch Groups
Zhang Wei
Tel: +1-888-236-2744
Email us
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QYResearch Groups
Zhang Wei
Tel: +1-888-236-2744
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results