Microgrid Market - Global Industry Analysis ,Size, Trends & Forecast 2014 - 2020

Transparency Market
Research
Microgrid Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2014 - 2020
Published Date
28-Nov-2014
107 Page Report
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Press Release
Microgrid Market to Expand at an Extraordinary 20.70 %
CAGR owing to Development of Renewable Energy
Technologies
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Microgrid Market
REPORT DESCRIPTION
Microgrid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020
A new Transparency Market Research report states that the global microgrid market stood at US$9.8 bn in
2013 and is expected to reach US$35.1 bn by 2020. It is expected to expand at a whopping CAGR of 20.70 %
between 2014 and 2020. The title of the report is “Microgrid Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2014 - 2020”.
Browse the full Microgrid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2014 - 2020 report at http://www.transparencymarketresearch.com/microgrids-market.html
As per the report, the global microgrid market is fuelled by the economic development and the rapid
industrialization witnessed globally. In addition, the technical, direct and indirect economic, social, and
environmental advantages related to the usage of microgrids will further stimulate the market. The factors such
as the growing demand for energy and the development in the technologies of renewable energy have also
impacted the market positively. On the other hand, the factors such as the absence of an adequate regulatory
framework and the increasing cost of development along with operational challenges are amongst the chief
factors that may pose a negative impact on the growth of the market for microgrids.
On the basis of product, the market is segmented into remote (off-grid) and grid-tied (grid connected). Amongst
these, grid-tied microgrids are able to operate with or without a connection with the main grid, while off-grid
microgrids are autonomous systems manufactured for utilization within areas that lack proper grid
infrastructure.
On the basis of application, the microgrid market is segmented into community and utility, campus and
institutions, defense and military, commercial and industrial, and remote islands. Amongst these, the segment
of campus and institutions is predicted to lead the market in the forecast horizon. This is owing to the rising
government funding to enable growth of renewable energy sources at institutions and campuses. On the other
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hand, as per the report, the demand for microgrids within remote islands will rise at a swift rate in forthcoming
years.
In terms of geography, the microgrid market is segmented into Europe, North America, Asia Pacific, and Rest
of the World (RoW). The segment of defense and military is poised to be the biggest user of microgrids and is
predicted to fuel growth within the region of North America. This is due to the requirement for enhanced energy
reliability and security within the defense and military sector of this region. On the other hand, the regions of
Europe and Asia Pacific are also likely to use microgrids extensively in the coming years. This is due to the
increasing count of investments made for restructuring energy mixes. In addition, the backing from supportive
regulatory policies will also fuel the demand for microgrids within these two regions.
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As per the report, the nations that haven’t invested in microgrids as yet will emerge as chief targets for the
prime players operating in the market in forthcoming years. Viridity Energy, Inc., Schneider Electric, S&C
Electric Company, Honeywell International, Inc., GE Energy Management, ABB, Echelon Corporation, ZBB
Energy Corporation, Toshiba Corporation, Pareto Energy, Siemens AG, Chevron Corporation, and Power
Analytics Corporation, among others are the key players dominant in the market for microgrids.
The segmentation of the global microgrid market is as follows:
Global Microgrid Market: Product Segment
-Grid-tied (Grid Connected)
-Remote (Off-grid)
Global Microgrid Market: Application Segment
-Campus and Institutions
-Community and Utility
-Commercial and Industrial
-Defense and Military
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-Remote Islands
Global Microgrid Market: Regional Analysis
-North America
-Europe
-Asia Pacific
-Rest of the World (RoW)
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
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Chapter 2 Executive Summary
Chapter 3 Global Microgrid Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Indirect and Direct Economic, Technical, Environmental, and Social Benefits of Microgrid
Augments Microgrid Deployment
3.3.1.2 Rapid Industrialization and Growing Energy Demand Drives Microgrid Market
3.3.1.3 Advancement in Renewable Energy Technologies Augments Microgrid Adoption
3.3.2 Market Restraints
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3.3.2.1 Operational Challenges and Development Cost Acting as Barrier for Microgrid Deployment
3.3.2.2 Lack of Appropriate Regulatory Framework Hinders Market Growth
3.3.3 Market Opportunity
3.3.3.1 Possibility of Insulation Against Impact of Severe Weather on Electric Grid
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat from New Entrants
3.4.4 Threat from Substitutes
3.4.5 Degree of Competition
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3.5 Market Attractiveness Analysis
3.5.1 Market Attractiveness Analysis of Global Microgrid Market, by Application Segment, 2013
3.5.2 Market Attractiveness Analysis of Global Microgrid Market, by Regional Segment, 2013
3.6 Company Market Share Analysis
3.6.1 Global Microgrid Market: Company Market Share Analysis, 2013
Chapter 4 Global Microgrid Market – Product Segment Analysis
4.1 Global Microgrid Market: Product Segment Overview
4.1.1 Global Microgrid Capacity Estimates and Forecast, by Product Segment, 2013 & 2020 (MW)
4.2 Grid-tied (Grid-connected) Microgrid
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4.2.1 Global Grid-tied (Grid-connected) Microgrid Product Segment Capacity and Market Revenue
Estimates and Forecast, 2013 – 2020, (MW), (USD Million)
4.3 Remote (Off-Grid) Microgrid
4.3.1 Global Remote (Off-grid) Microgrid Product Segment Capacity and Market Revenue Estimates and
Forecast, 2013 – 2020, (MW), (USD Million)
Chapter 5 Global Microgrid Market – Application Segment Analysis
5.1 Global Microgrid Market: Application Segment Overview
5.1.1 Global Microgrid Capacity Estimates and Forecast, by Application Segment, 2013 & 2020 (MW)
5.2 Campus and Institutions
5.2.1 Global Campus and Institutions Microgrid Application Segment Capacity and Market Revenue
Estimates and Forecast, 2013 – 2020, (MW), (USD Million)
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5.3 Community and Utility
5.3.1 Global Community and Utility Microgrid Application Segment Capacity and Market Revenue
Estimates and Forecast, 2013 – 2020, (MW), (USD Million)
5.4 Commercial and Industrial
5.4.1 Global Commercial and Industrial Microgrid Application Segment Capacity and Market Revenue
Estimates and Forecast, 2013 – 2020, (MW), (USD Million)
5.5 Defense and Military
5.5.1 Global Defense and Military Microgrid Application Segment Capacity and Market Revenue Estimates
and Forecast, 2013 – 2020, (MW), (USD Million)
5.6 Remote Islands
5.6.1 Global Remote Islands Microgrid Application Segment Capacity and Market Revenue Estimates and
Forecast, 2013 – 2020, (MW), (USD Million)
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Chapter 6 Global Microgrid Market – Regional Analysis
6.1 Global Microgrid Market: Regional Overview
6.1.1 Global Microgrid Capacity Estimates and Forecast, by Region, 2013 & 2020, (MW)
6.2 North America
6.2.1 North America Microgrid Capacity and Market Revenue Estimates and Forecast, 2013 – 2020, (MW),
(USD Million)
6.2.1.1 North America Microgrid Capacity Estimates and Forecast, by Product Segment, 2013 –
2020, (MW), (USD Million)
6.2.1.2 North America Microgrid Capacity Estimates and Forecast, by Application Segment, 2013 –
2020, (MW), (USD Million)
6.3 Europe
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6.3.1 Europe Microgrid Capacity and Market Revenue Estimates and Forecast, 2013 – 2020, (MW), (USD
Million)
6.3.1.1 Europe Microgrid Capacity Estimates and Forecast, by Product Segment, 2013 – 2020, (MW),
(USD Million)
6.3.1.2 Europe Microgrid Capacity Estimates and Forecast, by Application Segment, 2013 – 2020,
(MW), (USD Million)
6.4 Asia Pacific
6.4.1 Asia Pacific Microgrid Capacity and Market Revenue Estimates and Forecast, 2013 – 2020, (MW),
(USD Million)
6.4.1.1 Asia Pacific Microgrid Capacity Estimates and Forecast, by Product Segment, 2013 – 2020,
(MW), (USD Million)
6.4.1.2 Asia Pacific Microgrid Capacity Estimates and Forecast, by Application Segment, 2013 –
2020, (MW), (USD Million)
6.5 Rest of the World (RoW)
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6.5.1 Rest of the World (RoW) Microgrid Capacity and Market Revenue Estimates and Forecast, 2013 –
2020, (MW), (USD Million)
6.5.1.1 Rest of the World Microgrid Capacity Estimates and Forecast, by Product Segment, 2013 –
2020, (MW), (USD Million)
6.5.1.2 Rest of the World (RoW) Microgrid Capacity Estimates and Forecast, by Application Segment,
2013 – 2020, (MW), (USD Million)
Chapter 7 Company Profiles
7.1 ABB
7.1.1 Company Overview
7.1.2 Financial Overview
7.1.3 Business Strategy
7.1.4 Recent Developments
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7.2 Chevron Corporation
7.2.1 Company Overview
7.2.2 Financial Overview
7.2.3 Business Strategy
7.2.4 Recent Developments
7.3 Echelon Corporation
7.3.1 Company Overview
7.3.2 Financial Overview
7.3.3 Business Strategy
7.3.4 Recent Developments
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7.4 GE Energy Management
7.4.1 Company Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
7.4.4 Recent Developments
7.5 Honeywell International, Inc.
7.5.1 Company Overview
7.5.2 Financial Overview
7.5.3 Business Strategy
7.5.4 Recent Developments
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7.6 Pareto Energy
7.6.1 Company Overview
7.6.2 Financial Overview
7.6.3 Business Strategy
7.6.4 Recent Developments
7.7 Power Analytics Corporation
7.7.1 Company Overview
7.7.2 Financial Overview
7.7.3 Business Strategy
7.7.4 Recent Developments
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7.8 Schneider Electric
7.8.1 Company Overview
7.8.2 Financial Overview
7.8.3 Business Strategy
7.8.4 Recent Developments
7.9 Siemens AG
7.9.1 Company Overview
7.9.2 Financial Overview
7.9.3 Business Strategy
7.9.4 Recent Developments
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7.10 S&C Electric Company
7.10.1 Company Overview
7.10.2 Financial Overview
7.10.3 Business Strategy
7.10.4 Recent Developments
7.11 Toshiba Corporation
7.11.1 Company Overview
7.11.2 Financial Overview
7.11.3 Business Strategy
7.11.4 Recent Developments
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7.12 Viridity Energy, Inc.
7.12.1 Company Overview
7.12.2 Financial Overview
7.12.3 Business Strategy
7.12.4 Recent Developments
7.13 ZBB Energy Corporation
7.13.1 Company Overview
7.13.2 Financial Overview
7.13.3 Business Strategy
7.13.4 Recent Developments
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In terms of geography, the microgrid market is segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW). The segment of defense and military is poised to be the biggest user of microgrids and is predicted to fuel growth within the region of North America. This is due to the requirement for enhanced energy reliability and security within the defense and military sector of this region. Download the Exclusive Sample Report Here :http://bit.ly/2j2qDqa