Microgrid Market

Industry Overview

The Global Microgrid Market is expected to experience substantial growth over the forecast period of 2025-2030, with a projected CAGR of 11.6%. Starting at USD 24.2 billion in 2023, the market is anticipated to reach USD 46.2 billion by 2030. Microgrids are smaller versions of power grids that transport electricity from source to consumer. They help to lower overall costs and provide grid backup in the event of an outage.

Microgrids are more efficient than traditional electrical grids and can be integrated with a variety of renewable energy sources such as solar, wind, small hydro, geothermal, waste-to-energy, and combined heat and power (CHP) systems. Batteries, distributed generators, and solar panels can also be used to power them. Microgrids are also a reliable source of electricity because they operate continuously during power outages. Thus, the rising demand for reliable and secured power supply in industrial and commercial sectors globally along with initiatives by the government to reduce carbon footprint will propel the growth of the global microgrid market.

The COVID-19 outbreak has impacted the businesses of several microgrid hardware manufacturing companies, distributors, and suppliers owing to delays in shipments, and delays in projects and installation of microgrids, reduced domestic demand, thereby impacting the growth of the global microgrid market.

Market Segmentation

Insight by Offering

The global microgrid market is divided by offering into hardware, software, and services, where the hardware segment is expected to grow more due to higher microgrid projects, lower energy storage costs, low cost of renewable sources of energy, and favorable government initiatives to reduce greenhouse gas by using clean energy.

Insight by Type

The global microgrid market is also divided by type into AC, DC, and hybrid microgrid segments where the AC microgrid segment is expected to grow more due to less loss in transmission, lower heat generation, higher voltage levels, higher deployment, and large renewable energy farms connected to AC transmission lines.

Insight by Connectivity

Connectivity also divides the global microgrid market into grid-connected and off-grid-connected segments. Out of these two segments, the former is expected to grow more during the forecast period due to the growing adoption of utility-based grid networks, harnessing renewable sources of energy on a large scale, and advantages offered such as higher resilience, power quality, and lower environmental impact.

Insight by Storage Device

According to the storage devices, the global microgrid market is divided into lithium-ion, lead acid, flow batteries, and flywheels segments. Out of these segments, the lithium-ion segment will grow at a higher CAGR due to sustainable technology deployment, technological advancements, higher R&D activities, and a growing preference for battery-powered systems.

Insight by Power

The global microgrid market is split by power into combined heat & power, solar photovoltaic, natural gas, fuel cell, and diesel categories. Out of these, the combined heat & power segment will dominate the market due to the growing adoption of sustainable power generation sources like solar and wind, the advantages offered, lower emission levels, higher efficiency, and lower cost. The fuel cell segment is also expected to grow at a higher CAGR due to enhanced energy storage abilities, zero-emission nature, and ability to function at high temperatures.

Insight by End Use

Based on end use, the global microgrid market is split into utilities, commercial & industrial, institutes & campuses, military, remote, government, and healthcare segments. Out of these segments, the commercial & industrial segment is expected to grow at a higher CAGR during the forecast period due to the need for uninterrupted electrical supply for industrial operations, which will boost productivity, lower downtime, and chances of equipment damage. Growing government initiatives to reduce greenhouse gas emissions and promote the use of renewable energy also propels market growth.

Global Microgrid Market Report Coverage

Industry Dynamics

Industry Trends

There is a growing investment in solar energy projects worldwide as well as in AEC (Architecture, Engineering, and Construction) machinery. In addition, there has also been a growing adoption of Industry 4.0 practices among industries.

Growth Drivers

The most significant growth driver of the global microgrid market is the growing emphasis on decarbonization by governments as well as the end users. It is also attributed to the rising demand for uninterrupted power supply, government initiatives to endorse the development of microgrids, growth in the number of cyberattacks on energy infrastructure, higher adoption of microgrids in rural electrification projects, and rapid urbanization and development of smart cities. Furthermore, rise in demand for grid modernization, IoT, distributed energy production sources integration, and implementation of different smart grid technologies.

Challenges

High cost, lack of proper regulatory policy, and technical design issues hinder market growth. Typically, it needs to maintain a reciprocal relationship between the microgrid and the main grid when these are connected. Vulnerability of the grids to instabilities in electricity supply also hinders extensive adoption and growth of the market because oversupply may result in power loss in the microgrid due to the tripping of the generator, and undersupply of electricity may result in malfunctioning of the equipment.

Opportunities

Developments in microgrid controllers, smart microgrids, and renewable energy storage systems offer the market's growth opportunities. Also, innovations in microgrid hardware and software, a growing focus on technology and data management integration, higher investments in feasibility studies, and a growing demand for reliable electrical equipment for the aerospace and military sectors offer promising growth opportunities.

Geographic Overview

North America leads the market as it is the early adopter of these systems. It is also expected to continue to do so due to higher investments in R&D activities.

The Asia-Pacific market is expected to grow at a higher CAGR due to rapid electrification in rural and semi-rural areas, supportive government regulations and tempting incentives to promote the usage of renewable energy, easy availability of raw materials, and growing adoption of standalone sources.

Competitive Insight

The market for microgrids is moderated and consolidated. The increased strategic partnerships, contractual agreements, and inorganic ventures will allow the industry players to have a competitive edge in the market.

ABB is a trusted partner in the evolving global energy ecosystem and acts as a pioneer in energy management and optimization. ABB has become a pioneer in Microgrid technology by successfully powering research stations from Antarctica, Alaska, and Flores Island to distant mines and villages in Australia's deserts utilizing integrated energy sources. ABB's Microgrid Solutions group specializes in providing modular and scalable technology packages that provide power, improve power quality, and integrate renewable energy into fossil-fuel Microgrids. The PowerStore grid-stabilizing generator and the MGC600TM controller platform are the cornerstones of the Microgrid PlusTM System. Microgrid solutions from ABB are best suited for systems with peak demand between 300 kW and 50 MW.

Microgrid Energy Systems from Eaton assist businesses in achieving electrical energy savings, resiliency, and independence from a utility. Users obtain a dependable, scalable, and efficient solution to unexpected power outages while also improving cybersecurity by combining generation sources on a common grid structure. Eaton collaborates with customers to provide turnkey services for the full system's concept, design, pricing, implementation, and maintenance. System optimization software, automation, and product services, LV load control, smart inverter suite, supporting electrics, smart MV grid-tie connection, and utility automation products are all part of Eaton's Microgrid Energy System concept.

Some of the major players in the global microgrids market include ABB, Hitachi Energy Ltd., General Electric, Eaton, Siemens, Schneider Electric, Honeywell International Inc., HOMER Energy (Acquired by UL LLC), S&C Electric Company, and General Microgrids.

Recent Developments by Key Players

Hitachi Energy investmented over USD 1.5 billion to ramp up its global transformer manufacturing capacity to keep pace with the growing demand and support the long-term plans and electrification efforts. 

Jebel Ali Free Zone (Jafza) (DP World's flagship free zone and the largest customs bonded zone in the Middle East) and Eaton (a global intelligent power management company) collaborated to build a new sustainable campus, bringing together Eaton’s Dubai-based commercial, manufacturing and support functions while providing capacity for growth in the future. This project shall extend Eaton’s research, engineering and manufacturing capacity, and aims to significantly boost Dubai’s capabilities in the advanced manufacturing of electrical and electronic components that are required to deliver safe and efficient power for several industries including data centres, buildings and solar energy.

The Microgrid Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Offering 
  • Hardware
  • Software
  • Services
• By Type 
  • AC Microgrids
  • DC Microgrids
  • Hybrid
• By Connectivity 
  • Grid Connected
  • Off-Grid Connected
• By Storage Device 
  • Lithium-Ion
  • Lead Acid
  • Flow Batteries
  • Flywheel
• By Power 
  • Combined Heat & Power (CHP)
  • Solar Photovoltaic
  • Natural Gas
  • Fuel Cell
  • Diesel
• By End Use 
  • Utilities
  • Commercial & Industrial
  • Institutes & Campuses
  • Military
  • Remote
  • Government
  • Healthcare

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Reserach

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Offering
                1.2.2.    By Type
                1.2.3.    By Connectivity
                1.2.4.    By Storage Device
                1.2.5.    By Power
                1.2.6.    By End Use
                1.2.7.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.    Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Offering
                5.1.1.    Hardware
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030
                5.1.2.    Software
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030
                5.1.3.    Services
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030
        5.2.    By Type
                5.2.1.    AC Microgrids
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.    DC Microgrids
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030
                5.2.3.    Hybrid
                        5.2.3.1. Market Definition
                        5.2.3.2. Market Estimation and Forecast to 2030
        5.3.    By Connectivity   
                5.3.1.    Grid Connected
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030
                5.3.2.    Off-Grid Connected
                        5.3.2.1. Market Definition
                        5.3.2.2. Market Estimation and Forecast to 2030
        5.4.    By Storage Device
                5.4.1.    Lithium-Ion
                        5.4.1.1. Market Definition
                        5.4.1.2. Market Estimation and Forecast to 2030
                5.4.2.    Lead Acid
                        5.4.2.1. Market Definition
                        5.4.2.2. Market Estimation and Forecast to 2030
                5.4.3.    Flow Batteries
                        5.4.3.1. Market Definition
                        5.4.3.2. Market Estimation and Forecast to 2030
                5.4.4.    Flywheel
                        5.4.4.1. Market Definition
                        5.4.4.2. Market Estimation and Forecast to 2030
        5.5.    By Power
                5.5.1.    Combined Heat & Power (CHP)
                        5.5.1.1. Market Definition
                        5.5.1.2. Market Estimation and Forecast to 2030
                5.5.2.    Solar Photovoltaic
                        5.5.2.1. Market Definition
                        5.5.2.2. Market Estimation and Forecast to 2030        
                5.5.3.    Natural Gas
                        5.5.3.1. Market Definition
                        5.5.3.2. Market Estimation and Forecast to 2030
                5.5.4.    Fuel Cell
                        5.5.4.1. Market Definition
                        5.5.4.2. Market Estimation and Forecast to 2030
                5.5.5.    Diesel
                        5.5.5.1. Market Definition
                        5.5.5.2. Market Estimation and Forecast to 2030
        5.6.    By End Use
                5.6.1.    Utilities
                        5.6.1.1. Market Definition
                        5.6.1.2. Market Estimation and Forecast to 2030
                5.6.2.    Commercial & Industrial
                        5.6.2.1. Market Definition
                        5.6.2.2. Market Estimation and Forecast to 2030        
                5.6.3.    Institutes & Campuses
                        5.6.3.1. Market Definition
                        5.6.3.2. Market Estimation and Forecast to 2030
                5.6.4.    Military
                        5.6.4.1. Market Definition
                        5.6.4.2. Market Estimation and Forecast to 2030
                5.6.5.    Remote
                        5.6.5.1. Market Definition
                        5.6.5.2. Market Estimation and Forecast to 2030
                5.6.6.    Government
                        5.6.6.1. Market Definition
                        5.6.6.2. Market Estimation and Forecast to 2030
                5.6.7.    Healthcare
                        5.6.7.1. Market Definition
                        5.6.7.2. Market Estimation and Forecast to 2030
                
6.    North America Market Estimate and Forecast

        6.1.    By Offering
        6.2.    By Type
        6.3.    By Connectivity
        6.4.    By Storage Device
        6.5.    By Power
        6.6.    By End Use
        6.7.    By Country – U.S., Canada, and Mexico
                6.7.1.    U.S. Market Estimate and Forecast
                6.7.2.    Canada Market Estimate and Forecast
                6.7.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Offering
        7.2.    By Type
        7.3.    By Connectivity
        7.4.    By Storage Device
        7.5.    By Power
        7.6.    By End Use
        7.7.    By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe
                7.7.1.    Germany Market Estimate and Forecast
                7.7.2.    France Market Estimate and Forecast
                7.7.3.    U.K. Market Estimate and Forecast
                7.7.4.    Italy Market Estimate and Forecast
                7.7.5.    Spain Market Estimate and Forecast
                7.7.6.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Offering
        8.2.    By Type
        8.3.    By Connectivity
        8.4.    By Storage Device
        8.5.    By Power
        8.6.    By End Use
        8.7.    By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
                8.7.1.    China Market Estimate and Forecast
                8.7.2.    Japan Market Estimate and Forecast
                8.7.3.    India Market Estimate and Forecast
                8.7.4.    South Korea Market Estimate and Forecast
                8.7.5.    Singapore Market Estimate and Forecast
                8.7.6.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Offering
        9.2.    By Type
        9.3.    By Connectivity
        9.4.    By Storage Device
        9.5.    By Power
        9.6.    By End Use
        9.7.    By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
                9.7.1.    Brazil Market Estimate and Forecast
                9.7.2.    Saudi Arabia Market Estimate and Forecast
                9.7.3.    South Africa Market Estimate and Forecast
                9.7.4.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    ABB
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Hitachi Energy Ltd.
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    General Electric, Eaton
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    Siemens
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Schneider Electric
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Honeywell International Inc.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    HOMER Energy (Acquired by UL LLC)
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    S&C Electric Company
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    General Microgrids
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Microgrid Market Size, By Offering, 2018 - 2023(USD Billion)
Table 5 Global Microgrid Market Size, By Offering, 2025 - 2030 (USD Billion)
Table 6 Global Microgrid Market Size, By Type, 2018 - 2023(USD Billion)
Table 7 Global Microgrid Market Size, By Type, 2025 - 2030 (USD Billion)
Table 8 Global Microgrid Market Size, By Connectivity, 2018 - 2023(USD Billion)
Table 9 Global Microgrid Market Size, By Connectivity, 2025 - 2030 (USD Billion)
Table 10 Global Microgrid Market Size, By Storage Device, 2018 - 2023(USD Billion)
Table 11 Global Microgrid Market Size, By Storage Device, 2025 - 2030 (USD Billion)
Table 12 Global Microgrid Market Size, By Power, 2018 - 2023(USD Billion)
Table 13 Global Microgrid Market Size, By Power, 2025 - 2030 (USD Billion)
Table 14 Global Microgrid Market Size, By End Use, 2018 - 2023(USD Billion)
Table 15 Global Microgrid Market Size, By End Use, 2025 - 2030 (USD Billion)
Table 16 Global Microgrid Market Size, By Region, 2018 - 2023(USD Billion)
Table 17 Global Microgrid Market Size, By Region, 2025 - 2030 (USD Billion)
Table 17 North America Microgrid Market Size, By Offering, 2018 - 2023(USD Billion)
Table 18 North America Microgrid Market Size, By Offering, 2025 - 2030 (USD Billion)
Table 19 North America Microgrid Market Size, By Type, 2018 - 2023(USD Billion)
Table 20 North America Microgrid Market Size, By Type, 2025 - 2030 (USD Billion)
Table 21 North America Microgrid Market Size, By Connectivity, 2018 - 2023(USD Billion)
Table 22 North America Microgrid Market Size, By Connectivity, 2025 - 2030 (USD Billion)
Table 23 North America Microgrid Market Size, By Storage Device, 2018 - 2023(USD Billion)
Table 24 North America Microgrid Market Size, By Storage Device, 2025 - 2030 (USD Billion)
Table 25 North America Microgrid Market Size, By Power, 2018 - 2023(USD Billion)
Table 26 North America Microgrid Market Size, By Power, 2025 - 2030 (USD Billion)
Table 27 North America Microgrid Market Size, By End Use, 2018 - 2023(USD Billion)
Table 28 North America Microgrid Market Size, By End Use, 2025 - 2030 (USD Billion)
Table 29 North America Microgrid Market Size, By Region, 2018 - 2023(USD Billion)
Table 30 North America Microgrid Market Size, By Region, 2025 - 2030 (USD Billion)
Table 31 Europe Microgrid Market Size, By Offering, 2018 - 2023(USD Billion)
Table 32 Europe Microgrid Market Size, By Offering, 2025 - 2030 (USD Billion)
Table 33 Europe Microgrid Market Size, By Type, 2018 - 2023(USD Billion)
Table 34 Europe Microgrid Market Size, By Type, 2025 - 2030 (USD Billion)
Table 35 Europe Microgrid Market Size, By Connectivity, 2018 - 2023(USD Billion)
Table 36 Europe Microgrid Market Size, By Connectivity, 2025 - 2030 (USD Billion)
Table 37 Europe Microgrid Market Size, By Storage Device, 2018 - 2023(USD Billion)
Table 38 Europe Microgrid Market Size, By Storage Device, 2025 - 2030 (USD Billion)
Table 39 Europe Microgrid Market Size, By Power, 2018 - 2023(USD Billion)
Table 40 Europe Microgrid Market Size, By Power, 2025 - 2030 (USD Billion)
Table 41 Europe Microgrid Market Size, By End Use, 2018 - 2023(USD Billion)
Table 42 Europe Microgrid Market Size, By End Use, 2025 - 2030 (USD Billion)
Table 43 Europe Microgrid Market Size, By Region, 2018 - 2023(USD Billion)
Table 44 Europe Microgrid Market Size, By Region, 2025 - 2030 (USD Billion)
Table 45 Asia-Pacific Microgrid Market Size, By Offering, 2018 - 2023(USD Billion)
Table 46 Asia-Pacific Microgrid Market Size, By Offering, 2025 - 2030 (USD Billion)
Table 47 Asia-Pacific Microgrid Market Size, By Type, 2018 - 2023(USD Billion)
Table 48 Asia-Pacific Microgrid Market Size, By Type, 2025 - 2030 (USD Billion)
Table 49 Asia-Pacific Microgrid Market Size, By Connectivity, 2018 - 2023(USD Billion)
Table 50 Asia-Pacific Microgrid Market Size, By Connectivity, 2025 - 2030 (USD Billion)
Table 51 Asia-Pacific Microgrid Market Size, By Storage Device, 2018 - 2023(USD Billion)
Table 52 Asia-Pacific Microgrid Market Size, By Storage Device, 2025 - 2030 (USD Billion)
Table 53 Asia-Pacific Microgrid Market Size, By Power, 2018 - 2023(USD Billion)
Table 54 Asia-Pacific Microgrid Market Size, By Power, 2025 - 2030 (USD Billion)
Table 55 Asia-Pacific Microgrid Market Size, By End Use, 2018 - 2023(USD Billion)
Table 56 Asia-Pacific Microgrid Market Size, By End Use, 2025 - 2030 (USD Billion)
Table 57 Asia-Pacific Microgrid Market Size, By Region, 2018 - 2023(USD Billion)
Table 58 Asia-Pacific Microgrid Market Size, By Region, 2025 - 2030 (USD Billion)
Table 59 RoW Microgrid Market Size, By Offering, 2018 - 2023(USD Billion)
Table 59 RoW Microgrid Market Size, By Offering, 2025 - 2030 (USD Billion)
Table 60 RoW Microgrid Market Size, By Type, 2018 - 2023(USD Billion)
Table 61 RoW Microgrid Market Size, By Type, 2025 - 2030 (USD Billion)
Table 62 RoW Microgrid Market Size, By Connectivity, 2018 - 2023(USD Billion)
Table 63 RoW Microgrid Market Size, By Connectivity, 2025 - 2030 (USD Billion)
Table 64 RoW Microgrid Market Size, By Storage Device, 2018 - 2023(USD Billion)
Table 65 RoW Microgrid Market Size, By Storage Device, 2025 - 2030 (USD Billion)
Table 66 RoW Microgrid Market Size, By Power, 2018 - 2023(USD Billion)
Table 67 RoW Microgrid Market Size, By Power, 2025 - 2030 (USD Billion)
Table 68 RoW Microgrid Market Size, By End Use, 2018 - 2023(USD Billion)
Table 69 RoW Microgrid Market Size, By End Use, 2025 - 2030 (USD Billion)
Table 70 RoW Microgrid Market Size, By Region, 2018 - 2023(USD Billion)
Table 71 RoW Microgrid Market Size, By Region, 2025 - 2030 (USD Billion)
Table 72 Snapshot – ABB
Table 73 Snapshot – Hitachi Energy Ltd.
Table 74 Snapshot – General Electric, Eaton
Table 75 Snapshot – Siemens
Table 76 Snapshot – Schneider Electric
Table 77 Snapshot – Honeywell International Inc.
Table 78 Snapshot – HOMER Energy (Acquired by UL LLC)
Table 79 Snapshot – S&C Electric Company
Table 80 Snapshot – General Microgrids

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Microgrid Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Microgrid Market Highlight
Figure 12 Global Microgrid Market Size, By Offering, 2018 - 2030 (USD Billion)
Figure 13 Global Microgrid Market Size, By Type, 2018 - 2030 (USD Billion)
Figure 14 Global Microgrid Market Size, By Connectivity, 2018 - 2030 (USD Billion)
Figure 15 Global Microgrid Market Size, By Storage Device, 2018 - 2030 (USD Billion)
Figure 16 Global Microgrid Market Size, By Power, 2018 - 2030 (USD Billion)
Figure 17 Global Microgrid Market Size, By End Use, 2018 - 2030 (USD Billion)
Figure 18 Global Microgrid Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 19 North America Microgrid Market Highlight
Figure 20 North America Microgrid Market Size, By Offering, 2018 - 2030 (USD Billion)
Figure 21 North America Microgrid Market Size, By Type, 2018 - 2030 (USD Billion)
Figure 22 North America Microgrid Market Size, By Connectivity, 2018 - 2030 (USD Billion)
Figure 23 North America Microgrid Market Size, By Storage Device, 2018 - 2030 (USD Billion)
Figure 24 North America Microgrid Market Size, By Power, 2018 - 2030 (USD Billion)
Figure 25 North America Microgrid Market Size, By End Use, 2018 - 2030 (USD Billion)
Figure 26 North America Microgrid Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 27 Europe Microgrid Market Highlight
Figure 28 Europe Microgrid Market Size, By Offering, 2018 - 2030 (USD Billion)
Figure 29 Europe Microgrid Market Size, By Type, 2018 - 2030 (USD Billion)
Figure 30 Europe Microgrid Market Size, By Connectivity, 2018 - 2030 (USD Billion)
Figure 31 Europe Microgrid Market Size, By Storage Device, 2018 - 2030 (USD Billion)
Figure 32 Europe Microgrid Market Size, By Power, 2018 - 2030 (USD Billion)
Figure 33 Europe Microgrid Market Size, By End Use, 2018 - 2030 (USD Billion)
Figure 34 Europe Microgrid Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 35 Asia-Pacific Microgrid Market Highlight
Figure 36 Asia-Pacific Microgrid Market Size, By Offering, 2018 - 2030 (USD Billion)
Figure 37 Asia-Pacific Microgrid Market Size, By Type, 2018 - 2030 (USD Billion)
Figure 38 Asia-Pacific Microgrid Market Size, By Connectivity, 2018 - 2030 (USD Billion)
Figure 39 Asia-Pacific Microgrid Market Size, By Storage Device, 2018 - 2030 (USD Billion)
Figure 40 Asia-Pacific Microgrid Market Size, By Power, 2018 - 2030 (USD Billion)
Figure 41 Asia-Pacific Microgrid Market Size, By End Use, 2018 - 2030 (USD Billion)
Figure 42 Asia-Pacific Microgrid Market Size, By Region, 2018 - 2030 (USD Billion)
Figure 43 RoW Microgrid Market Highlight
Figure 44 RoW Microgrid Market Size, By Offering, 2018 - 2030 (USD Billion)
Figure 45 RoW Microgrid Market Size, By Type, 2018 - 2030 (USD Billion)
Figure 46 RoW Microgrid Market Size, By Connectivity, 2018 - 2030 (USD Billion)
Figure 47 RoW Microgrid Market Size, By Storage Device, 2018 - 2030 (USD Billion)
Figure 48 RoW Microgrid Market Size, By Power, 2018 - 2030 (USD Billion)
Figure 49 RoW Microgrid Market Size, By End Use, 2018 - 2030 (USD Billion)
Figure 50 RoW Microgrid Market Size, By Region, 2018 - 2030 (USD Billion)