Global Microgrid Market Share, Size, Growth Trends And Forecast 2017-2022 - PowerPoint PPT Presentation

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Global Microgrid Market Share, Size, Growth Trends And Forecast 2017-2022

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Get more information about the market: According to IMARC Group’s latest report, titled “Microgrid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the global microgrid market reached a value of US$ 15.3 Billion in 2016. Request a sample report: Browse more reports on Energy & Mining Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Global Microgrid Market Share, Size, Growth Trends And Forecast 2017-2022


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 Global Microgrid Market to Reach US 30 Billion
by 2022
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
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Report Description and Highlights
Report Description
 Global Microgrid Market to Reach US 30 Billion
by 2022 The global microgrid market has
witnessed a steady growth over the past few
years. The increasing adoption of microgrids can
be accredited to the rising usage of renewable
sources, rapidly growing industrialization and
requirement of enhanced technologies for power
generation and distribution. The latest report
by IMARC Group, titled Microgrid Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022, finds that the global
microgrid market reached a value of US 15.3
Billion in 2016. Microgrids are integrated energy
systems used to generate, distribute and regulate
the flow of electrical power. They have the
ability to store energy locally either in
parallel or in isolation from the electric grids.
Microgrids can be used to generate energy from
both the renewable and the non-renewable sources.
In addition, they also help in increasing the
efficiency of the electric delivery system by
reducing energy losses in transmission and
distribution. On account of this, these systems
are installed to increase the reliability of
power distribution, reduce costs and encourage
economic growth. Request Sample of the Report
http//www.imarcgroup.com/request?typereportid8
83flagB
4
Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description
  • Highlights of the global microgrid market
  • The increasing usage of renewable sources is the
    key factor driving the growth of the market.
  • Remote systems account for the majority of the
    total market share.
  • North America dominates the market, holding the
    majority of the global share.
  • Microgrids can be used as a composition of
    multiple energy generation sources, such as
    solar, wind, biomass, geothermal, and fossil
    fuel, to generate and supply electricity to a
    local community, university, or a military base.
    This is anticipated to be the major driver of the
    microgrid market. Additionally, the lack of
    access to reliable grid electricity due to low
    electrification in the rural areas is another
    factor boosting the demand for microgrids.
    Moreover, increased need to strengthen energy
    security, rapidly increasing industrialization,
    requirement of enhanced technologies for power
    generation and distribution, and infrastructure
    development are some of the other factors
    facilitating the market growth. According to the
    report, the global microgrid market is further
    expected to reach a value of more than US 30
    Billion by 2022, exhibiting a CAGR of nearly 12
    during 2017-2022.
  • Read full report _at_ http//www.imarcgroup.com/micro
    grid-market

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Report Description and Highlights
Report Description
  • The market is segmented on the basis of energy
    source into natural gas, combined heat and power,
    Solar Photovoltaic (PV), and diesel. On the basis
    of application, the market is segregated into
    remote systems, institutional and campus,
    utility/community, defense and others, wherein
    remote systems account for the largest share.
    Region-wise, North America currently represents
    the leading market globally. Other major regions
    include Asia Pacific, Europe, Middle East and
    Africa, and Latin America. On evaluating the
    competitive landscape of the market, it is found
    that the key players are Lockheed Martin, ABB
    Ltd., General Electric, Eaton Corporation and
    Siemens.
  • The report by IMARC Group has examined the
    global microgrid market on the basis of
  • Energy Source
  • Natural Gas
  • Combined Heat and Power
  • Solar Photovoltaic (PV)
  • Diesel
  • Fuel Cell
  • Application
  • Remote Systems

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Report Description and Highlights
Report Description
  • Institution and Campus
  • Utility/Community
  • Defense
  • Others
  • Region
  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America
  • Key Players
  • Lockheed Martin 
  • ABB Ltd 
  • General Electric 
  • Eaton Corporation 
  • Siemens  
  • Find more reports related to food beverages
    Industry_at_ http//www.imarcgroup.com/categories/ene
    rgy-market-reports

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Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

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