Microgrid Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Nov 2018| TMR1053A| Transparency

Report Highlights

Microgrid Market - Overview

Microgrid is an arrangement of distributed energy sources and loads as a single controllable entity within a well-defined electric boundaries. Microgrids can connect to and disconnect from utility grids, enabling them to operate in a grid-connected and island mode and offering better reliability and grid resilience. Microgrids provide several benefits such as integration of smart grids and grid modernization. Moreover, they act as a power backup in case of main grid failure. Increasing demand for power and advancements in the distributed generation technology are anticipated to drive the microgrid market in the next few years.

This report analyzes and forecasts the market for microgrid at the global and regional levels. The market has been forecast in terms of volume (megawatt) and value (US$ Mn) from 2018 to 2026, considering 2017 as the base year. The study includes drivers and restraints of the global microgrid market. It also covers the anticipated impact of these drivers and restraints on the demand for microgrids during the forecast period. The report highlights opportunities in the microgrid market at the global and regional levels.

The report includes detailed value chain analysis, which provides a comprehensive view of the global microgrid market. Porter’s five forces model for the microgrid market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein connectivity and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global microgrid market by segmenting it in terms of connectivity and application. In terms of connectivity, the market can be classified into grid-tied (grid-connected) and off-grid. Based on application, the microgrid market can be categorized into campus & institution, community & utility, commercial & industrial, defense & military, and remote island. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for microgrid in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides the actual market size of the microgrid market for 2017 and the estimated market size for 2018 with forecast for the next eight years. The size of the global microgrid market has been provided in terms of volume and value. The market volume has been defined in megawatts, while the market value has been defined in US$ Mn. Market numbers have been estimated based on connectivity and application segments of the microgrid market. The market size have been provided for global, regional, and country-level markets.

The report comprises profiles of major companies operating in the global microgrid market. Key players in the market are Siemens AG, General Electric, S&C Electric Company, ABB Group, Schneider Electric SE, Engie Group, Honeywell International Inc., Echelon Corporation, Pareto Energy Limited, Toshiba Corporation, Duke Energy Corporation, and Power Analytics Corporation. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, regional presence, and recent developments.

The global microgrid market has been segmented as follows:

Global Microgrid Market, by Connectivity  
Grid-tied (Grid-connected)
Off-grid

Global Microgrid Market, by Application
Campus & Institution
Community & Utility
Commercial & Industrial
Defense & Military
Remote Island

Global Microgrid Market, by Region
North America
U.S.
Canada
Europe
Germany
U.K.
France
Denmark
Russia & CIS
Norway
Rest of Europe
Asia Pacific
China
India
Australia
ASEAN
Rest of Asia Pacific
Latin America
Middle East & Africa

Key Takeaways

The report provides extensive analysis of the microgrid market trends and shares from 2017 to 2026 to identify growth opportunities and analyze market developments
The grid-tied (grid-connected) segment accounts for a prominent market share, due to high demand for reliable and affordable power from industrial, commercial, communities, and other end-users
Among applications, the community & utility segment is anticipated to expand at a significant rate during the forecast period
Among regions, the market in Asia Pacific is expected to expand at a significant rate during the forecast period
Aging power infrastructure, increasing incidence of power outages, and rising distributed generation capacities are expected to drive the microgrid market in the near future
The report offers a list of key factors useful for building a roadmap of upcoming opportunities for the microgrid market at the global, regional, and country levels
The report provides insights into growth opportunities for various stakeholders in the value chain and a detailed competition landscape of key players operating in the market to help understand the market competition level

  • Table 1 : Global Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 2 : Global Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 3 : Global Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 4 : Global Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 5 : Global Microgrid Market Volume (MW) Forecast, by Region, 2017-2026
  • Table 6 : Global Microgrid Market Value (US$ Mn) Forecast, by Region, 2017-2026
  • Table 7 : North America Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 8 : North America Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 9 : North America Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 10 : North America Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 11 : North America Microgrid Market Volume (MW) Forecast, by Country, 2017-2026
  • Table 12 : North America Microgrid Market Value (US$ Mn) Forecast, by Country, 2017-2026
  • Table 13 : U.S. Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 14 : U.S. Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 15 : U.S. Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 16 : U.S. Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 17 : Canada Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 18 : Canada Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 19 : Canada Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 20 : Canada Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 21 : Europe Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 22 : Europe Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 23 : Europe Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 24 : Europe Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 25 : Europe Microgrid Market Volume (MW) Forecast, by Country/Sub-region, 2017-2026
  • Table 26 : Europe Microgrid Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 27 : Germany Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 28 : Germany Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 29 : Germany Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 30 : Germany Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 31 : France Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 32 : France Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 33 : France Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 34 : France Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 35 : U.K. Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 36 : U.K. Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 37 : U.K. Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 38 : U.K. Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 39 : Denmark Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 40 : Denmark Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 41 : Denmark Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 42 : Denmark Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 43 : Russia & CIS Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 44 : Russia & CIS Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 45 : Russia & CIS Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 46 : Russia & CIS Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 47 : Rest of Europe Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 48 : Rest of Europe Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 49 : Rest of Europe Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 50 : Rest of Europe Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 51 : Asia Pacific Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 52 : Asia Pacific Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 53 : Asia Pacific Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 54 : Asia Pacific Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 55 : Asia Pacific Microgrid Market Volume (MW) Forecast, by Country/Sub-region, 2017-2026
  • Table 56 : Asia Pacific Microgrid Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2026
  • Table 57 : China Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 58 : China Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 59 : China Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 60 : China Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 61 : India Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 62 : India Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 63 : India Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 64 : India Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 65 : Australia Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 66 : Australia Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 67 : Australia Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 68 : Australia Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 69 : ASEAN Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 70 : ASEAN Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 71 : ASEAN Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 72 : ASEAN Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 73 : Rest of Asia Pacific Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 74 : Rest of Asia Pacific Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 75 : Rest of Asia Pacific Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 76 : Rest of Asia Pacific Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 77 : Middle East & Africa Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 78 : Middle East & Africa Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 79 : Middle East & Africa Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 80 : Middle East & Africa Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Table 81 : Latin America Microgrid Market Volume (MW) Forecast, by Connectivity, 2017-2026
  • Table 82 : Latin America Microgrid Market Value (US$ Mn) Forecast, by Connectivity, 2017-2026
  • Table 83 : Latin America Microgrid Market Volume (MW) Forecast, by Application, 2017-2026
  • Table 84 : Latin America Microgrid Market Value (US$ Mn) Forecast, by Application, 2017-2026
  • Figure 1 : Global Microgrid Market Value Share Analysis, by Connectivity, 2017 and 2026
  • Figure 2 : Global Microgrid Market Attractiveness Analysis, by Connectivity, 2017
  • Figure 3 : Global Microgrid Market Value Share Analysis, by Application, 2017 and 2026
  • Figure 4 : Global Microgrid Market Attractiveness Analysis, by Application, 2017
  • Figure 5 : Global Microgrid Market Value Share Analysis, by Region, 2017 and 2026
  • Figure 6 : Global Microgrid Market Attractiveness Analysis, by Region, 2017
  • Figure 7 : North America Microgrid Market Value Share Analysis, by Connectivity, 2017 and 2026
  • Figure 8 : North America Microgrid Market Value Share Analysis, by Application, 2017 and 2026
  • Figure 9 : North America Microgrid Market Value Share Analysis, by Country, 2017 and 2026
  • Figure 10 : North America Microgrid Market Attractiveness Analysis, by Country, 2017
  • Figure 11 : North America Microgrid Market Value Share Analysis, by Connectivity, 2017
  • Figure 12 : North America Microgrid Market Attractiveness Analysis, by Application, 2017
  • Figure 13 : Europe Microgrid Market Value Share Analysis, by Connectivity, 2017 and 2026
  • Figure 14 : Europe Microgrid Market Value Share Analysis, by Application, 2017 and 2026
  • Figure 15 : Europe Microgrid Market Value Share Analysis, by Country/Sub-region, 2017 and 2026
  • Figure 16 : Europe Microgrid Market Attractiveness Analysis, by Country/Sub-region, 2017
  • Figure 17 : Europe Microgrid Market Value Share Analysis, by Connectivity, 2017
  • Figure 18 : Europe Microgrid Market Attractiveness Analysis, by Application, 2017
  • Figure 19 : Asia Pacific Microgrid Market Value Share Analysis, by Connectivity, 2017 and 2026
  • Figure 20 : Asia Pacific Microgrid Market Value Share Analysis, by Application, 2017 and 2026
  • Figure 21 : Asia Pacific Microgrid Market Value Share Analysis, by Country/Sub-region, 2017 and 2026
  • Figure 22 : Asia Pacific Microgrid Market Attractiveness Analysis, by Country/Sub-region, 2017
  • Figure 23 : Asia Pacific Microgrid Market Attractiveness Analysis, by Connectivity, 2017
  • Figure 24 : Asia Pacific Microgrid Market Attractiveness Analysis, by Application, 2017
  • Figure 25 : Middle East & Africa Microgrid Market Value Share Analysis, by Connectivity, 2017 and 2026
  • Figure 26 : Middle East & Africa Microgrid Market Value Share Analysis, by Application, 2017 and 2026
  • Figure 27 : Middle East & Africa Microgrid Market Attractiveness Analysis, by Connectivity, 2017
  • Figure 28 : Middle East & Africa Microgrid Market Attractiveness Analysis, by Application, 2017
  • Figure 29 : Latin America Microgrid Market Value Share Analysis, by Connectivity, 2017 and 2026
  • Figure 30 : Latin America Microgrid Market Value Share Analysis, by Application, 2017 and 2026
  • Figure 31 : Latin America Microgrid Market Attractiveness Analysis, by Connectivity, 2017
  • Figure 32 : Latin America Microgrid Market Attractiveness Analysis, by Application, 2017
  • Figure 33 : Global Microgrid Market Share Analysis, by Company (2017)

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