Microgrid Automation Market 2020-2025: Current Status, Various Services, High Growth, Market Segmentation, Major Countries & Business Outlook

1
Microgrid Automation Market

• by Component (Inverter and Storage), Technology
  (Fuel Cell, CHP, and Others), Application
  (Commercial, Residential, and Defence), And
  Region, Global Forecast 2018 to 2025

Single Use License US 4400
Request Sample
2
Microgrid Automation Market Size to Reach USD 8
Billion by 2025 Adroit Market Research

• Growing need to bring efficiency across energy
  transmission and distribution channels are
  driving the demand for global microgrid
  automation market
• The global microgrid automation market size is
  expected to grow from over USD 3 billion in 2019
  to over USD 8 billion by 2025, at a CAGR of 17
  during the forecast period. The grid comprises of
  a various number of microgrids, which further
  comprises small scale distributed energy
  resources such as renewable energy sources like
  solar plants, windmills, and others. The major
  differences between the smart microgrid and smart
  grid are the potential rate of change, their
  scale, and the types of decision-makers. In
  addition, the smart grid functions at the
  national grid level, which involves the huge
  distribution and lines. On the contrary, smart
  microgrids function at smaller scales but provide
  quick implementation and distribution. The
  microgrids basically supply local or small-scaled
  loads such as office parks, commercial buildings,
  homes, or a military base.
• The existing and future Microgrid automation
  market developments are defined to determine the
  attractiveness of the market. Key impacting
  factors highlight the microgrid automation market
  opportunities throughout the forecast period.
  Factors such as the growing adoption of
  digitization across numerous industries and an
  increase in the need to bring efficiency across
  energy transmission and distribution channels are
  driving the adoption of advanced and automation
  technologies in the energy sector. Moreover, an
  increase in demand from consumers for flexible
  and reliable distribution of energy is also
  fuelling the demand for microgrid automation.
  However, economic and technological barriers with
  the deployment of microgrid automation solutions
  are anticipated to hamper the market growth.
  Furthermore, the growing adoption of digital
  technologies by energy and utility industries in
  developing economies such as India, China, and
  Japan are anticipated to provide major growth
  opportunities for the market in the upcoming
  years.

3
Microgrid Automation Market Size to Reach USD 8
Billion by 2025 Adroit Market Research

• Asia-Pacific dominated the global microgrid
  automation market in 2019 and is expected to
  dominate the market throughout the forecast
  period 20202025. The growth of this region is
  mainly accredited to the increasing smart city
  initiatives and growing spending by various
  governments on the energy utility sector in
  this region. Also, the presence of conventional
  energy and grid infrastructure is also expected
  to provide market growth opportunities in the
  upcoming years in this region. Moreover, North
  America is anticipated to be the second major
  market shareholder during the forecast period due
  to the presence of major market players in the
  region.
• The major players of the global microgrid
  automation market are ABB Group, AEG Power
  Solutions, Echelon Corporation, GE, Honeywell,
  Lockheed Martin Corporation, Phono Solar
  Technology Co., Schneider Electric, Siemens AG,
  and Wipro. Moreover, the other potential players
  in the microgrid automation market are Chevron
  Energy, Viridity Energy, Pareto Energy, Microgrid
  Energy, and Spirae. As of 2019, the Microgrid
  automation market is consolidated with the
  existence of well-known global and domestic
  players across the globe. In addition, the
  recognized companies are coming up with
  innovative and new microgrid automation
  technologies and solutions. For instance, In
  April 2019, ABB announced a partnership with
  Rolls-Royce on advanced automation and microgrid
  technology. With this partnership, both companies
  are planning to offer energy-efficient and
  innovative microgrid solutions for industrial,
  utility, and commercial sectors.
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/microgrid-automation-market

4
Key segments of the global Microgrid Automation
market

• Component Overview, 2018-2025 (USD Billion)
• Inverter
• Storage
• Technology Overview, 2018-2025 (USD Billion)
• Fuel Cell
• CHP
• Others
• Application Overview, 2018-2025 (USD Billion)
• Commercial
• Residential
• Defence

5
Key segments of the global Microgrid Automation
market

• Regional Overview, 2015-2025 (USD million) (Kilo
  tons)
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa
• Purchase a single user copy of the global
  Microgrid Automation market report_at_
  https//adroitmarketresearch.com/researchreport/pu
  rchase/1291

6
About Us

• Adroit Market Research is an India-based business
  analytics and consulting company. Our target
  audience is a wide range of corporations,
  manufacturing companies, product/technology
  development institutions and industry
  associations that require understanding of a
  markets size, key trends, participants and
  future outlook of an industry. We intend to
  become our clients knowledge partner and provide
  them with valuable market insights to help create
  opportunities that increase their revenues. We
  follow a code Explore, Learn and Transform. At
  our core, we are curious people who love to
  identify and understand industry patterns, create
  an insightful study around our findings and churn
  out money-making roadmaps. Our analysts have
  tracked high growth markets in chemicals
  materials, healthcare pharmaceuticals,
  semiconductor electronics, energy power, food
  retail, consumer goods, technology, and
  machinery equipment sectors across the world to
  identify new opportunities, potential customers,
  prepare go-to-market (GTM) strategies, identify
  segments for revenue growth for companies, and
  many more.

• US Headquarters3131 McKinney Ave Ste 600
  Dallas, TX 75204 ,U.S.A 

• Phone [phone]
• Email sales_at_adroitmarketresearch.com