Microgrid Market: Revenue and growth prediction till 2026 with covid-19 impact analysis - PowerPoint PPT Presentation

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Microgrid Market: Revenue and growth prediction till 2026 with covid-19 impact analysis

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Microgrid Market is likely to witness a CAGR of 26.5% during the forecast period. The industry landscape will be bolstered by the rising need for stable and reliable power supply, as well as rising electrification rates, primarily in developing economies. The business scenario will be fueled by the increasing penetration of distributed energy resources (DERs) as a result of rapid commercial and industrial expansion. – PowerPoint PPT presentation

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Title: Microgrid Market: Revenue and growth prediction till 2026 with covid-19 impact analysis


1
Presents a Research Report on Microgrid Market
The report on the Global Microgrid Market is
segmented By Connectivity Type (Grid Connected
and Off Grid), by Grid Type (AC Microgrid, DC
Microgrid, and Hybrid), by Power Source
Type (Diesel Generators, Natural Gas, Solar PV,
CHP, and Others), by Storage Device
Type (Lithium-Ion, Lead Acid, Flow Battery,
Flywheel, and Others), by Application
Type (Healthcare, Educational Institutes,
Military, Utility, Industrial/Commercial, Remote,
and Others), and by Region (North America,
Europe, Asia-Pacific, and Rest of the World)


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2
The Microgrid Market Highlights Drivers
  • Microgrid Market is likely to witness a CAGR of
    26.5 during the forecast period.
  • The industry landscape will be bolstered by the
    rising need for stable and reliable power supply,
    as well as rising electrification rates,
    primarily in developing economies.
  • The business scenario will be fueled by the
    increasing penetration of distributed energy
    resources (DERs) as a result of rapid commercial
    and industrial expansion.
  • Market Insight
  • By Connectivity Type
  • Based on the connectivity type, the market is
    segmented as grid connected and off grid. 
  • The grid connected segment is expected to witness
    significant growth rate in the market during the
    forecast period owing to the potential in the
    connected microgrids to handle peak demand,
    improve system supply, and maintain stability in
    the event of a large network breakdown.
  • Furthermore, growing consumer demand for power
    supply security, together with the development of
    Tier II and III cities, backed by government
    regulations and guidelines, will give birth to
    opportunities for business growth.

3
Market Insight Competitive Insights
  • By Grid Type
  • Based on the grid type, the market is segmented
    as AC microgrid, DC microgrid, and hybrid. AC
    microgrid type is expected to register high
    growth rate in the market owing to its lower
    transmission losses, minimum heat generation, and
    effective high-end voltage levels across the
    network. Furthermore, it is extremely compatible
    with grid networks and does not require inverters
    for power delivery, propelling the industry
    dynamics. Also, the increasing deployment of
    high-voltage AC power networks, as well as big
    solar and wind farms connected to AC transmission
    lines, will positively influence the business
    environment.
  • By Application Type
  • Based on the application type, the market is
    segmented as healthcare, educational institutes,
    military, utility, industrial/commercial, remote,
    and others. 
  • The industrial/commercial application is
    estimated to account for the major share of the
    market during the forecast period on account of
    the increasing government efforts and mandates to
    reconstruct and overhaul existing TD networks,
    as well as increased incentives to install
    energy-efficient alternatives.
  • In the current context, the industrial and
    commercial sectors are focusing on the
    implementation of smart solutions across new and
    traditional grid infrastructure, which will
    favorably influence industry potential.

4
Market Insight Competitive Insights
  • By Region
  • In terms of regions, Asia-Pacific is estimated to
    be the leading region in the market during the
    forecast period.
  • The regions market is driven by the rising
    favorable norms and incentive by various
    countries to pace up the sustainable energy mix.
  • In addition, regional carbon emission targets and
    increased usage of stand-alone power sources will
    foster the technology demand over the forecast
    period.
  • Key Players
  • Eaton
  • Siemens
  • GE
  • Caterpillar
  • Schneider Electric
  • HOMER Energy
  • AMS
  • SC Electric

5
Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

6
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

7
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
8
Contact Us for More Information and Sample Pages
Ask for Sample Pages here https//www.stratviewr
esearch.com/Request-Sample/2021/Microgrid-Market.h
tmlform Email us at sales_at_stratviewrsearch.co
m Call Us 1-313-307-4176
9
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