Microgrid Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
This report elaborates the market size, market characteristics, and market growth of the Microgrid industry, and breaks down according to the type, application, and consumption area of Microgrid. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Microgrid in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Microgrid market covered in Chapter 13:
Bosch
Primus Power
Lockheed Martin
HOMER Energy
Advanced Microgrid Solutions
LO3 Energy
GE Electric
NextEra Energy
Siemens
ABB
General Microgrids
Powin Energy
In Chapter 6, on the basis of types, the Microgrid market from 2015 to 2025 is primarily split into:
AC Microgrid
DC Microgrid
Hybrid
In Chapter 7, on the basis of applications, the Microgrid market from 2015 to 2025 covers:
Healthcare
Educational Institutions
Industrial
Military
Electric Utility
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Microgrid Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Microgrid Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Microgrid Market Forces
3.1 Global Microgrid Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Microgrid Market - By Geography
4.1 Global Microgrid Market Value and Market Share by Regions
4.1.1 Global Microgrid Value ($) by Region (2015-2020)
4.1.2 Global Microgrid Value Market Share by Regions (2015-2020)
4.2 Global Microgrid Market Production and Market Share by Major Countries
4.2.1 Global Microgrid Production by Major Countries (2015-2020)
4.2.2 Global Microgrid Production Market Share by Major Countries (2015-2020)
4.3 Global Microgrid Market Consumption and Market Share by Regions
4.3.1 Global Microgrid Consumption by Regions (2015-2020)
4.3.2 Global Microgrid Consumption Market Share by Regions (2015-2020)
5 Microgrid Market - By Trade Statistics
5.1 Global Microgrid Export and Import
5.2 United States Microgrid Export and Import (2015-2020)
5.3 Europe Microgrid Export and Import (2015-2020)
5.4 China Microgrid Export and Import (2015-2020)
5.5 Japan Microgrid Export and Import (2015-2020)
5.6 India Microgrid Export and Import (2015-2020)
5.7
6 Microgrid Market - By Type
6.1 Global Microgrid Production and Market Share by Types (2015-2020)
6.1.1 Global Microgrid Production by Types (2015-2020)
6.1.2 Global Microgrid Production Market Share by Types (2015-2020)
6.2 Global Microgrid Value and Market Share by Types (2015-2020)
6.2.1 Global Microgrid Value by Types (2015-2020)
6.2.2 Global Microgrid Value Market Share by Types (2015-2020)
6.3 Global Microgrid Production, Price and Growth Rate of AC Microgrid (2015-2020)
6.4 Global Microgrid Production, Price and Growth Rate of DC Microgrid (2015-2020)
6.5 Global Microgrid Production, Price and Growth Rate of Hybrid (2015-2020)
7 Microgrid Market - By Application
7.1 Global Microgrid Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Microgrid Consumption by Applications (2015-2020)
7.1.2 Global Microgrid Consumption Market Share by Applications (2015-2020)
7.2 Global Microgrid Consumption and Growth Rate of Healthcare (2015-2020)
7.3 Global Microgrid Consumption and Growth Rate of Educational Institutions (2015-2020)
7.4 Global Microgrid Consumption and Growth Rate of Industrial (2015-2020)
7.5 Global Microgrid Consumption and Growth Rate of Military (2015-2020)
7.6 Global Microgrid Consumption and Growth Rate of Electric Utility (2015-2020)
8 North America Microgrid Market
8.1 North America Microgrid Market Size
8.2 United States Microgrid Market Size
8.3 Canada Microgrid Market Size
8.4 Mexico Microgrid Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Microgrid Market Analysis
9.1 Europe Microgrid Market Size
9.2 Germany Microgrid Market Size
9.3 United Kingdom Microgrid Market Size
9.4 France Microgrid Market Size
9.5 Italy Microgrid Market Size
9.6 Spain Microgrid Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Microgrid Market Analysis
10.1 Asia-Pacific Microgrid Market Size
10.2 China Microgrid Market Size
10.3 Japan Microgrid Market Size
10.4 South Korea Microgrid Market Size
10.5 Southeast Asia Microgrid Market Size
10.6 India Microgrid Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Microgrid Market Analysis
11.1 Middle East and Africa Microgrid Market Size
11.2 Saudi Arabia Microgrid Market Size
11.3 UAE Microgrid Market Size
11.4 South Africa Microgrid Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Microgrid Market Analysis
12.1 South America Microgrid Market Size
12.2 Brazil Microgrid Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Bosch
13.1.1 Bosch Basic Information
13.1.2 Bosch Product Profiles, Application and Specification
13.1.3 Bosch Microgrid Market Performance (2015-2020)
13.2 Primus Power
13.2.1 Primus Power Basic Information
13.2.2 Primus Power Product Profiles, Application and Specification
13.2.3 Primus Power Microgrid Market Performance (2015-2020)
13.3 Lockheed Martin
13.3.1 Lockheed Martin Basic Information
13.3.2 Lockheed Martin Product Profiles, Application and Specification
13.3.3 Lockheed Martin Microgrid Market Performance (2015-2020)
13.4 HOMER Energy
13.4.1 HOMER Energy Basic Information
13.4.2 HOMER Energy Product Profiles, Application and Specification
13.4.3 HOMER Energy Microgrid Market Performance (2015-2020)
13.5 Advanced Microgrid Solutions
13.5.1 Advanced Microgrid Solutions Basic Information
13.5.2 Advanced Microgrid Solutions Product Profiles, Application and Specification
13.5.3 Advanced Microgrid Solutions Microgrid Market Performance (2015-2020)
13.6 LO3 Energy
13.6.1 LO3 Energy Basic Information
13.6.2 LO3 Energy Product Profiles, Application and Specification
13.6.3 LO3 Energy Microgrid Market Performance (2015-2020)
13.7 GE Electric
13.7.1 GE Electric Basic Information
13.7.2 GE Electric Product Profiles, Application and Specification
13.7.3 GE Electric Microgrid Market Performance (2015-2020)
13.8 NextEra Energy
13.8.1 NextEra Energy Basic Information
13.8.2 NextEra Energy Product Profiles, Application and Specification
13.8.3 NextEra Energy Microgrid Market Performance (2015-2020)
13.9 Siemens
13.9.1 Siemens Basic Information
13.9.2 Siemens Product Profiles, Application and Specification
13.9.3 Siemens Microgrid Market Performance (2015-2020)
13.10 ABB
13.10.1 ABB Basic Information
13.10.2 ABB Product Profiles, Application and Specification
13.10.3 ABB Microgrid Market Performance (2015-2020)
13.11 General Microgrids
13.11.1 General Microgrids Basic Information
13.11.2 General Microgrids Product Profiles, Application and Specification
13.11.3 General Microgrids Microgrid Market Performance (2015-2020)
13.12 Powin Energy
13.12.1 Powin Energy Basic Information
13.12.2 Powin Energy Product Profiles, Application and Specification
13.12.3 Powin Energy Microgrid Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Microgrid Market Forecast (2020-2025)
14.2 Europe Microgrid Market Forecast (2020-2025)
14.3 Asia-Pacific Microgrid Market Forecast (2020-2025)
14.4 Middle East and Africa Microgrid Market Forecast (2020-2025)
14.5 South America Microgrid Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Microgrid Market Forecast by Types (2020-2025)
15.1.1 Global Microgrid Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Microgrid Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Microgrid Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Microgrid Picture
Table Microgrid Key Market Segments
Figure Study and Forecasting Years
Figure Global Microgrid Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Microgrid Value ($) and Growth Rate (2015-2020)
Table Global Microgrid Value ($) by Countries (2015-2020)
Table Global Microgrid Value Market Share by Regions (2015-2020)
Figure Global Microgrid Value Market Share by Regions in 2019
Figure Global Microgrid Production and Growth Rate (2015-2020)
Table Global Microgrid Production by Major Countries (2015-2020)
Table Global Microgrid Production Market Share by Major Countries (2015-2020)
Figure Global Microgrid Production Market Share by Regions in 2019
Figure Global Microgrid Consumption and Growth Rate (2015-2020)
Table Global Microgrid Consumption by Regions (2015-2020)
Table Global Microgrid Consumption Market Share by Regions (2015-2020)
Figure Global Microgrid Consumption Market Share by Regions in 2019
Table Global Microgrid Export Top 3 Country 2019
Table Global Microgrid Import Top 3 Country 2019
Table United States Microgrid Export and Import (2015-2020)
Table Europe Microgrid Export and Import (2015-2020)
Table China Microgrid Export and Import (2015-2020)
Table Japan Microgrid Export and Import (2015-2020)
Table India Microgrid Export and Import (2015-2020)
Table Global Microgrid Production by Types (2015-2020)
Table Global Microgrid Production Market Share by Types (2015-2020)
Figure Global Microgrid Production Share by Type (2015-2020)
Table Global Microgrid Value by Types (2015-2020)
Table Global Microgrid Value Market Share by Types (2015-2020)
Figure Global Microgrid Value Share by Type (2015-2020)
Figure Global AC Microgrid Production and Growth Rate (2015-2020)
Figure Global AC Microgrid Price (2015-2020)
Figure Global DC Microgrid Production and Growth Rate (2015-2020)
Figure Global DC Microgrid Price (2015-2020)
Figure Global Hybrid Production and Growth Rate (2015-2020)
Figure Global Hybrid Price (2015-2020)
Table Global Microgrid Consumption by Applications (2015-2020)
Table Global Microgrid Consumption Market Share by Applications (2015-2020)
Figure Global Microgrid Consumption Share by Application (2015-2020)
Figure Global Healthcare Consumption and Growth Rate (2015-2020)
Figure Global Educational Institutions Consumption and Growth Rate (2015-2020)
Figure Global Industrial Consumption and Growth Rate (2015-2020)
Figure Global Military Consumption and Growth Rate (2015-2020)
Figure Global Electric Utility Consumption and Growth Rate (2015-2020)
Figure North America Microgrid Market Consumption and Growth Rate (2015-2020)
Table North America Microgrid Consumption by Countries (2015-2020)
Table North America Microgrid Consumption Market Share by Countries (2015-2020)
Figure North America Microgrid Consumption Market Share by Countries (2015-2020)
Figure United States Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Canada Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Mexico Microgrid Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Microgrid Market Consumption and Growth Rate (2015-2020)
Table Europe Microgrid Consumption by Countries (2015-2020)
Table Europe Microgrid Consumption Market Share by Countries (2015-2020)
Figure Europe Microgrid Consumption Market Share by Countries (2015-2020)
Figure Germany Microgrid Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Microgrid Market Consumption and Growth Rate (2015-2020)
Figure France Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Italy Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Spain Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Microgrid Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Microgrid Consumption by Countries (2015-2020)
Table Asia-Pacific Microgrid Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Microgrid Consumption Market Share by Countries (2015-2020)
Figure China Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Japan Microgrid Market Consumption and Growth Rate (2015-2020)
Figure South Korea Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Microgrid Market Consumption and Growth Rate (2015-2020)
Figure India Microgrid Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Microgrid Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Microgrid Consumption by Countries (2015-2020)
Table Middle East and Africa Microgrid Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Microgrid Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Microgrid Market Consumption and Growth Rate (2015-2020)
Figure UAE Microgrid Market Consumption and Growth Rate (2015-2020)
Figure South Africa Microgrid Market Consumption and Growth Rate (2015-2020)
Figure South America Microgrid Market Consumption and Growth Rate (2015-2020)
Table South America Microgrid Consumption by Countries (2015-2020)
Table South America Microgrid Consumption Market Share by Countries (2015-2020)
Figure South America Microgrid Consumption Market Share by Countries (2015-2020)
Figure Brazil Microgrid Market Consumption and Growth Rate (2015-2020)
Table Bosch Company Profile
Table Bosch Production, Value, Price, Gross Margin 2015-2020
Figure Bosch Production and Growth Rate
Figure Bosch Value ($) Market Share 2015-2020
Table Primus Power Company Profile
Table Primus Power Production, Value, Price, Gross Margin 2015-2020
Figure Primus Power Production and Growth Rate
Figure Primus Power Value ($) Market Share 2015-2020
Table Lockheed Martin Company Profile
Table Lockheed Martin Production, Value, Price, Gross Margin 2015-2020
Figure Lockheed Martin Production and Growth Rate
Figure Lockheed Martin Value ($) Market Share 2015-2020
Table HOMER Energy Company Profile
Table HOMER Energy Production, Value, Price, Gross Margin 2015-2020
Figure HOMER Energy Production and Growth Rate
Figure HOMER Energy Value ($) Market Share 2015-2020
Table Advanced Microgrid Solutions Company Profile
Table Advanced Microgrid Solutions Production, Value, Price, Gross Margin 2015-2020
Figure Advanced Microgrid Solutions Production and Growth Rate
Figure Advanced Microgrid Solutions Value ($) Market Share 2015-2020
Table LO3 Energy Company Profile
Table LO3 Energy Production, Value, Price, Gross Margin 2015-2020
Figure LO3 Energy Production and Growth Rate
Figure LO3 Energy Value ($) Market Share 2015-2020
Table GE Electric Company Profile
Table GE Electric Production, Value, Price, Gross Margin 2015-2020
Figure GE Electric Production and Growth Rate
Figure GE Electric Value ($) Market Share 2015-2020
Table NextEra Energy Company Profile
Table NextEra Energy Production, Value, Price, Gross Margin 2015-2020
Figure NextEra Energy Production and Growth Rate
Figure NextEra Energy Value ($) Market Share 2015-2020
Table Siemens Company Profile
Table Siemens Production, Value, Price, Gross Margin 2015-2020
Figure Siemens Production and Growth Rate
Figure Siemens Value ($) Market Share 2015-2020
Table ABB Company Profile
Table ABB Production, Value, Price, Gross Margin 2015-2020
Figure ABB Production and Growth Rate
Figure ABB Value ($) Market Share 2015-2020
Table General Microgrids Company Profile
Table General Microgrids Production, Value, Price, Gross Margin 2015-2020
Figure General Microgrids Production and Growth Rate
Figure General Microgrids Value ($) Market Share 2015-2020
Table Powin Energy Company Profile
Table Powin Energy Production, Value, Price, Gross Margin 2015-2020
Figure Powin Energy Production and Growth Rate
Figure Powin Energy Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Microgrid Market Forecast Production by Types (2020-2025)
Table Global Microgrid Market Forecast Production Share by Types (2020-2025)
Table Global Microgrid Market Forecast Value ($) by Types (2020-2025)
Table Global Microgrid Market Forecast Value Share by Types (2020-2025)
Table Global Microgrid Market Forecast Consumption by Applications (2020-2025)
Table Global Microgrid Market Forecast Consumption Share by Applications (2020-2025)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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