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GLOBAL MICROGRID MARKET FORECAST 2022-2030

In terms of revenue, the global microgrid market was valued at $24.25 billion in 2021, and is expected to reach $60.08 billion by 2030, growing at a CAGR of 11.08% during the forecast period, 2022-2030.

GLOBAL MICROGRID MARKET FORECAST 2022-2030

Global Microgrid Market by Type (Grid Connected, Off-grid) Market by Offering (Hardware, Software, Services) Market by Consumption Pattern (Semi-urban, Urban/Metropolitan, Rural/Island) Market by End-user (Commercial & Industrial, Healthcare, Education, Military, Government & Utilities, Other End-users) by Geography

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In terms of revenue, the global microgrid market was valued at $24.25 billion in 2021, and is expected to reach $60.08 billion by 2030, growing at a CAGR of 11.08% during the forecast period, 2022-2030.

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A microgrid is a localized collection of energy generation facilities and consumer loads. When necessary, a microgrid can be disconnected from the typical large area synchronous grid (macrogrid), and operate independently. By switching between the island and linked modes, a microgrid can efficiently integrate distributed generation (DG) sources, particularly renewable energy sources (RES), and provide emergency power.

A microgrid may run uninterrupted, depending on how it is powered and how its needs are controlled. A microgrid can be used to connect to a local supply that is unreliable for standard grid use, save money, or back up the grid in case of emergencies. Thus, communities can become more energy independent, and in some situations, environmentally benefit through using a microgrid.

Microgrid Market

Read our latest blog on the Microgrid Market

Key growth enablers of the global microgrid market are:

  • Increasing consumption of electricity worldwide
  • Rise in clean energy integration
  • Mitigation of severe weather using microgrids
    • Centralized systems risk lengthy disruptions that could last hours or days when faced with destructive storms or hostile assaults.
    • Therefore, it is becoming more urgent to address microgrid resilience with growing weather-related outages that might become more common and severe across the United States due to climate change.
    • As per PowerOutage.US reports, a conglomeration of utility blackout data, in 2020, the United States faced the biggest power outages, which grew up to 1.33 billion outage hours, up by 73% from about 770 million in 2019.
    • Furthermore, microgrids can use their distributed generation assets to power crucial facilities and communities when the main grid goes down.

Key growth restraining factors are:

  • Expensive maintenance & installation of microgrids
    • The main cause of concern with microgrids is their high installation and maintenance costs. Due to several components, including distribution, generating systems, loads, storage devices, common couplers, etc., the overall cost of microgrids tends to rise.
    • Also, it is crucial to consider several aspects before building microgrids in any particular location, including the load profile, the availability of renewable sources, distribution network connections, communication and control systems, etc. As a result, their installation costs are very high.
    • Besides, the complexity of a large-scale microgrid is great because it frequently combines several technologies, architectures, and topologies, including energy sources, energy converters, energy storage systems, temporal coupling, etc.
  • Regulatory framework hurdles for microgrids

Global Microgrid Market | Top Trends

  • Advanced technology-integrated microgrids serve as an excellent model for developing smart cities and enable residents of smart cities to feed their unused power back into the grid, resulting in the smart city’s optimal energy utilization.
  • Solar microgrids are integrated networks or ‘grids’ of electricity that harness solar energy to generate, store, and supply clean electricity to a whole community and are now widely regarded as a practical and reliable alternative for rural electrification worldwide.
  • By integrating IoT with microgrids, these technologies develop into intelligent microgrids with possibilities for remote management. Organizations are empowered by an IoT-based microgrid, both literally and symbolically. IoT-based microgrid installation enables owners to increase the effectiveness of their energy use.

Market Segmentation – Type, Offering, Consumption Pattern, and End-User –

Market by Type:

  • Grid Connected
    • Grid connected is the largest revenue-generating type in the global market.
    • Grid connected microgrids are independent networks with many characteristics of a traditional electricity grid, such as users, generators, and storage, but on a much smaller size.
    • Grid connected microgrids can generally be employed in the national grid and linked to it. However, they are not dependent on the main grid and can use it as a backup.
    • Moreover, they are also anticipated to witness major growth in developed countries, where the focus is likely on microgrids that can link to the main grid but provide communities with more independence.
  • Off-Grid

Market by Offering:

  • Hardware
  • Software
  • Services

Market by Consumption Pattern:

  • Semi-Urban
  • Urban/Metropolitan
  • Rural/Island

Market by End-User:

  • Commercial & Industrial
    • Commercial & Industrial is the fastest-growing end-user in the global market.
    • A microgrid enables a commercial & industrial client to transform into a quick-response network resource that may offer services to the electricity distribution and transmission network operators.
    • A microgrid can offer new layers of value or cost savings to commercial and industrial buildings that already have solar panels installed.
    • Moreover, declining costs have made reliance on renewable energy more attractive, contributing to the surging growth of the commercial and industrial (C&I) microgrid sector.
    • Commercial structures that contain microgrid systems are therefore gaining popularity.
  • Healthcare
  • Education
  • Military
  • Government & Utilities
  • Other End-Users

Geographical Study based on Four Major Regions:

  • North America: The United States and Canada
  • Europe: The United Kingdom, Germany, France, Italy, Spain, Netherlands, Poland, and Rest of Europe
  • Asia-Pacific: China, Japan, India, South Korea, Indonesia, Thailand, Vietnam, Australia & New Zealand, and Rest of Asia-Pacific
    • Asia-Pacific is expected to be the most dynamic regional market, owing to the large population in the region that lacks access to electricity. Also, given the low electrification rates, many microgrid innovators, with the help of government funding, will boost the Asia-Pacific microgrid market prospects.
    • Collaboration between Asian governments, international development agencies, and energy companies will increase market lucrativeness and boost the demand for microgrids. However, the acquisition of skilled labor in remote areas is another challenge that can somewhat hold the market back.
    • China has the highest market share of 34.75% in 2021 as the nation is undergoing rapid industrialization and urbanization and potentially facing the exhaustion of its energy resources and environmental degradation. Therefore, it will majorly pursue the use of microgrids in its system.
    • In addition, India has installed solar microgrids that can produce about 2 MW of electricity. By distributing energy to remote Tier 2 and Tier 3 locations, microgrids have the potential to boost the Indian economy by fostering the expansion of small and medium-sized businesses.
  • Rest of World: Latin America, Middle East & Africa

The major players in the global microgrid market are:

  • Duke Energy Corporation
  • General Electric Company
  • Hitachi Ltd
  • National Grid PLC
  • Bloom Energy

Key strategies adopted by some of these companies:

In June 2022, the United States-based software-as-a-service (SaaS) provider Brightly Software was acquired by Siemens AG’s subsidiary – Siemens Smart Infrastructure (SI), to lead the company in digital building operations.

In May 2022, a new EV charging solution was launched by Schneider Electric SE for mobile, sustainable, and net-zero buildings.

In May 2021, a new 55,000-square-foot manufacturing facility was inaugurated by S&C Electric Company, adjacent to its existing 80,000-square-foot facility to increase its manufacturing operations in the United States.

Report Synopsis:

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Consumption Pattern, Offering, Type, End-User
Geographies Analyzed North America, Europe, Asia-Pacific, and Rest of World
Companies Analyzed

Bloom Energy, Cummins Inc, Duke Energy Corporation, Eaton Corporation Plc, Exelon Corporation, General Electric Company, Hitachi Ltd, National Grid Plc, Power Engineers Incorporated, S&C Electric, Siemens AG, Fuelcell Energy Inc, Schneider Electric SE, Fairbanks Morse, NRG Energy Inc

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • KEY DRIVERS
      • INCREASING CONSUMPTION OF ELECTRICITY
      • RISE IN CLEAN ENERGY INTEGRATION
      • MITIGATION OF SEVERE WEATHER USING MICROGRIDS
    • KEY RESTRAINTS
      • EXPENSIVE MAINTENANCE & INSTALLATION OF MICROGRIDS
      • REGULATORY FRAMEWORK HURDLES FOR MICROGRIDS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON MICROGRID MARKET
    • KEY MARKET TRENDS
    • PORTER’S FIVE FORCES ANALYSIS
      • BUYERS POWER
      • SUPPLIERS POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
    • KEY BUYING CRITERIA
      • COST EFFICIENCY
      • PRODUCT FEATURES
      • END-USE
    • REGULATORY FRAMEWORK
  2. MARKET BY TYPE
    • GRID CONNECTED
    • OFF-GRID
  3. MARKET BY OFFERING
    • HARDWARE
      • POWER GENERATORS
      • CONTROLLERS
      • ENERGY STORAGE
    • SOFTWARE
    • SERVICES
  4. MARKET BY CONSUMPTION PATTERN
    • SEMI-URBAN
    • URBAN/METROPOLITAN
    • RURAL/ISLAND
  5. MARKET BY END-USER
    • COMMERCIAL & INDUSTRIAL
    • HEALTHCARE
    • EDUCATION
    • MILITARY
    • GOVERNMENT & UTILITIES
    • OTHER END-USERS
  6. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • SPAIN
        • NETHERLANDS
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET ESTIMATES & SIZES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET ESTIMATES & SIZES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA
  1. COMPETITIVE LANDSCAPE
    • KEY STRATEGIC DEVELOPMENTS
      • MERGERS & ACQUISITIONS
      • PRODUCT LAUNCHES & DEVELOPMENTS
      • PARTNERSHIPS & AGREEMENTS
      • BUSINESS EXPANSIONS & DIVESTITURES
    • COMPANY PROFILES
      • BLOOM ENERGY
      • CUMMINS INC
      • DUKE ENERGY CORPORATION
      • EATON CORPORATION PLC
      • EXELON CORPORATION
      • FAIRBANKS MORSE
      • FUELCELL ENERGY INC
      • GENERAL ELECTRIC COMPANY
      • HITACHI LTD
      • NATIONAL GRID PLC
      • NRG ENERGY INC
      • POWER ENGINEERS INCORPORATED
      • S&C ELECTRIC
      • SCHNEIDER ELECTRIC SE
      • SIEMENS AG

LIST OF TABLES  

TABLE 1: MARKET SNAPSHOT – MICROGRID

TABLE 2: REGULATORY FRAMEWORK

TABLE 3: GLOBAL MICROGRID MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 4: GLOBAL MICROGRID MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 5: GLOBAL GRID CONNECTED MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 6: GLOBAL GRID CONNECTED MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 7: GLOBAL OFF-GRID MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 8: GLOBAL OFF-GRID MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 9: GLOBAL MICROGRID MARKET, BY OFFERING, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 10: GLOBAL MICROGRID MARKET, BY OFFERING, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 11: GLOBAL HARDWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 12: GLOBAL HARDWARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 13: GLOBAL MICROGRID MARKET, BY HARDWARE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 14: GLOBAL MICROGRID MARKET, BY HARDWARE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 15: GLOBAL POWER GENERATORS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 16: GLOBAL POWER GENERATORS MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 17: GLOBAL CONTROLLER MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 18: GLOBAL CONTROLLER MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 19: GLOBAL ENERGY STORAGE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 20: GLOBAL ENERGY STORAGE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 21: GLOBAL SOFTWARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 22: GLOBAL SOFTWARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 23: GLOBAL SERVICES MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 24: GLOBAL SERVICES MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 25: GLOBAL MICROGRID MARKET, BY CONSUMPTION PATTERN, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 26: GLOBAL MICROGRID MARKET, BY CONSUMPTION PATTERN, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 27: GLOBAL SEMI-URBAN MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 28: GLOBAL SEMI-URBAN MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 29: GLOBAL URBAN/METROPOLITAN MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 30: GLOBAL URBAN/METROPOLITAN MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 31: GLOBAL RURAL/ISLAND MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 32: GLOBAL RURAL/ISLAND MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 33: GLOBAL MICROGRID MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 34: GLOBAL MICROGRID MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 35: GLOBAL COMMERCIAL & INDUSTRIAL MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 36: GLOBAL COMMERCIAL & INDUSTRIAL MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 37: GLOBAL HEALTHCARE MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 38: GLOBAL HEALTHCARE MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 39: GLOBAL EDUCATION MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 40: GLOBAL EDUCATION MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 41: GLOBAL MILITARY MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 42: GLOBAL MILITARY MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 43: GLOBAL GOVERNMENT & UTILITIES MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 44: GLOBAL GOVERNMENT & UTILITIES MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 45: GLOBAL OTHER END-USERS MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 46: GLOBAL OTHER END-USERS MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 47: GLOBAL MICROGRID MARKET, BY GEOGRAPHY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 48: GLOBAL MICROGRID MARKET, BY GEOGRAPHY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 49: NORTH AMERICA MICROGRID MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 50: NORTH AMERICA MICROGRID MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 51: LEADING PLAYERS OPERATING IN NORTH AMERICA MICROGRID MARKET

TABLE 52: EUROPE MICROGRID MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 53: EUROPE MICROGRID MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 54: LEADING PLAYERS OPERATING IN EUROPE MICROGRID MARKET

TABLE 55: ASIA-PACIFIC MICROGRID MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 56: ASIA-PACIFIC MICROGRID MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 57: LEADING PLAYERS OPERATING IN ASIA-PACIFIC MICROGRID MARKET

TABLE 58: REST OF WORLD MICROGRID MARKET, BY REGION, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

TABLE 59: REST OF WORLD MICROGRID MARKET, BY REGION, FORECAST YEARS, 2022-2030 (IN $ MILLION)

TABLE 60: LEADING PLAYERS OPERATING IN REST OF WORLD MICROGRID MARKET

TABLE 61: LIST OF MERGERS & ACQUISITIONS

TABLE 62: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 63: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 64: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES 

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: RENEWABLE ELECTRICITY GENERATION, BY SOURCE, 2018-2020

FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS

FIGURE 7: KEY BUYING CRITERIA

FIGURE 8: GLOBAL MICROGRID MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

FIGURE 9: GLOBAL MICROGRID MARKET, BY GRID CONNECTED, 2022-2030 (IN $ MILLION)

FIGURE 10: GLOBAL MICROGRID MARKET, BY OFF-GRID, 2022-2030 (IN $ MILLION)

FIGURE 11: GLOBAL MICROGRID MARKET, GROWTH POTENTIAL, BY OFFERING, IN 2021

FIGURE 12: GLOBAL MICROGRID MARKET, BY HARDWARE, 2022-2030 (IN $ MILLION)

FIGURE 13: GLOBAL MICROGRID MARKET, GROWTH POTENTIAL, BY HARDWARE, IN 2021

FIGURE 14: GLOBAL MICROGRID MARKET, BY POWER GENERATORS, 2022-2030 (IN $ MILLION)

FIGURE 15: GLOBAL MICROGRID MARKET, BY CONTROLLERS, 2022-2030 (IN $ MILLION)

FIGURE 16: GLOBAL MICROGRID MARKET, BY ENERGY STORAGE, 2022-2030 (IN $ MILLION)

FIGURE 17: GLOBAL MICROGRID MARKET, BY SOFTWARE, 2022-2030 (IN $ MILLION)

FIGURE 18: GLOBAL MICROGRID MARKET, BY SERVICES, 2022-2030 (IN $ MILLION)

FIGURE 19: GLOBAL MICROGRID MARKET, GROWTH POTENTIAL, BY CONSUMPTION PATTERN, IN 2021

FIGURE 20: GLOBAL MICROGRID MARKET, BY SEMI-URBAN, 2022-2030 (IN $ MILLION)

FIGURE 21: GLOBAL MICROGRID MARKET, BY URBAN/METROPOLITAN, 2022-2030 (IN $ MILLION)

FIGURE 22: GLOBAL MICROGRID MARKET, BY RURAL/ISLAND, 2022-2030 (IN $ MILLION)

FIGURE 23: GLOBAL MICROGRID MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

FIGURE 24: GLOBAL MICROGRID MARKET, BY COMMERCIAL & INDUSTRIAL, 2022-2030 (IN $ MILLION)

FIGURE 25: GLOBAL MICROGRID MARKET, BY HEALTHCARE, 2022-2030 (IN $ MILLION)

FIGURE 26: GLOBAL MICROGRID MARKET, BY EDUCATION, 2022-2030 (IN $ MILLION)

FIGURE 27: GLOBAL MICROGRID MARKET, BY MILITARY, 2022-2030 (IN $ MILLION)

FIGURE 28: GLOBAL MICROGRID MARKET, BY GOVERNMENT & UTILITIES, 2022-2030 (IN $ MILLION)

FIGURE 29: GLOBAL MICROGRID MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

FIGURE 30: NORTH AMERICA MICROGRID MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 31: UNITED STATES MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 32: CANADA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 33: EUROPE MICROGRID MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

FIGURE 34: UNITED KINGDOM MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 35: GERMANY MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 36: FRANCE MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 37: ITALY MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 38: SPAIN MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 39: NETHERLANDS MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 40: POLAND MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 41: REST OF EUROPE MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 42: ASIA-PACIFIC MICROGRID MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN%)

FIGURE 43: CHINA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 44: JAPAN MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 45: INDIA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 46: SOUTH KOREA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 47: INDONESIA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 48: THAILAND MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 49: VIETNAM MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 50: AUSTRALIA & NEW ZEALAND MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 51: REST OF ASIA-PACIFIC MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 52: REST OF WORLD MICROGRID MARKET, REGIONAL OUTLOOK, 2021 & 2030 (IN %)

FIGURE 53: LATIN AMERICA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

FIGURE 54: MIDDLE EAST & AFRICA MICROGRID MARKET, 2022-2030 (IN $ MILLION)

  1. MARKET BY TYPE
    • GRID CONNECTED
    • OFF-GRID
  2. MARKET BY OFFERING
    • HARDWARE
      • POWER GENERATORS
      • CONTROLLERS
      • ENERGY STORAGE
    • SOFTWARE
    • SERVICES
  3. MARKET BY CONSUMPTION PATTERN
    • SEMI-URBAN
    • URBAN/METROPOLITAN
    • RURAL/ISLAND
  4. MARKET BY END-USER
    • COMMERCIAL & INDUSTRIAL
    • HEALTHCARE
    • EDUCATION
    • MILITARY
    • GOVERNMENT & UTILITIES
    • OTHER END-USERS
  5. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED STATES
        • CANADA
    • EUROPE
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • UNITED KINGDOM
        • GERMANY
        • FRANCE
        • ITALY
        • SPAIN
        • NETHERLANDS
        • POLAND
        • REST OF EUROPE
    • ASIA-PACIFIC
      • MARKET ESTIMATES & SIZES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA-PACIFIC
    • REST OF WORLD
      • MARKET ESTIMATES & SIZES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      • REGIONAL ANALYSIS
        • LATIN AMERICA
        • MIDDLE EAST & AFRICA

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    Frequently Asked Questions (FAQs):

    Which country has the highest growth potential in the Asia-Pacific region?

    India has the highest growth potential in the Asia-Pacific region.

    Which segment is projected to drive the global microgrid market demands?

    Various consumption patterns such as semi-urban, urban/metropolitan, and rural/island are projected to drive the global microgrid market demands.

    Which is a notable trend in the global microgrid market?

    The growing successful collaborations between Asian governments, international development organizations, and energy firms are one of the notable trends in the global microgrid market.

    To request a free sample copy of this report, please complete the form below:

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


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