Microgrids Market Overview
A microgrid can be defined as a local grid that can be connected to and disconnected from a traditional utility grid to provide better reliability and grid resilience. A microgrid is the interconnection between a distributed energy source and a load within a well-defined electrical boundary. It acts as a controllable entity. Microgrids can operate autonomously because they are very useful during mains grid failures and they can help mitigate the risks caused by grid disturbances and faults. Since the microgrid can be easily connected to and disconnected from the mains, it can operate in grid-connected and island mode.
Scope of the Microgrids:
The primary purpose of this study is to assist users in comprehending the in terms of definition, segmentation, market potential, key trends, and market challenges. During the report's preparation, extensive research and analysis were conducted. This research will assist readers in gaining a thorough understanding of the market.
Report Attribute | Details |
Base Year | 2020 |
Historical Data | 2016-2020 |
Forecast Period | 2024 - 2021 - 2026 |
Geographies Scope | Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, South Korea, Thailand, India, Indonesia, Australia and Others), Europe (Germany, Russia, the UK, Italy, France, Spain, Belgium, Netherlands, Switzerland, Nordic Nations, Rest of Europe.), North America (the United States, Mexico, and Canada), South America (Brazil, Argentina, Chile, Rest of South America), Middle East and Africa (GCC Countries, Turkey, Israel, South Africa, Egypt and Rest of MEA) |
Customization Scope | *Free report customization with additional or alteration to country, regional or segment scope. |
Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2016-2027. The specialists, to broaden the understanding of the users.
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Regions and Countries Level Analysis:
North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa were the regions analyzed by the experts. This section contains data about each region's and country's potential for growth. This data will aid players in identifying lucrative places and planning their future activities and investments accordingly. The market size and demand numbers for each region and country for the period 2016-2020 will also be available to the readers.
Key Benefits for Industry Participants & Stakeholders:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Microgrids Market
We have studied the Microgrids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2026.
Table of Content
1 Market Overview
1.1 Product Definition and Market Characteristics
1.2 Global Microgrids Market Size
1.3 Market Segmentation
1.4 Global Macroeconomic Analysis
1.5 SWOT Analysis
2. Market Dynamics
2.1 Market Drivers
2.2 Market Constraints and Challenges
2.3 Emerging Market Trends
2.4 Impact of COVID-19
2.4.1 Short-term Impact
2.4.2 Long-term Impact
3 Associated Industry Assessment
3.1 Supply Chain Analysis
3.2 Industry Active Participants
3.2.1 Suppliers of Raw Materials
3.2.2 Key Distributors/Retailers
3.3 Alternative Analysis
3.4 The Impact of Covid-19 From the Perspective of Industry Chain
4 Market Competitive Landscape
4.1 Industry Leading Players
4.2 Industry News
4.2.1 Key Product Launch News
4.2.2 M&A and Expansion Plans
5 Analysis of Leading Companies
5.1 Toshiba Corporation,
5.1.1 Toshiba Corporation, Company Profile
5.1.2 Toshiba Corporation, Business Overview
5.1.3 Toshiba Corporation, Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.1.4 Toshiba Corporation, Microgrids Products Introduction
5.2 Lockheed Martin Corporation
5.2.1 Lockheed Martin Corporation Company Profile
5.2.2 Lockheed Martin Corporation Business Overview
5.2.3 Lockheed Martin Corporation Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.2.4 Lockheed Martin Corporation Microgrids Products Introduction
5.3 Siemens
5.3.1 Siemens Company Profile
5.3.2 Siemens Business Overview
5.3.3 Siemens Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.3.4 Siemens Microgrids Products Introduction
5.4 Viridity Energy, Inc.
5.4.1 Viridity Energy, Inc. Company Profile
5.4.2 Viridity Energy, Inc. Business Overview
5.4.3 Viridity Energy, Inc. Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.4.4 Viridity Energy, Inc. Microgrids Products Introduction
5.5 HOMER Energy LLC
5.5.1 HOMER Energy LLC Company Profile
5.5.2 HOMER Energy LLC Business Overview
5.5.3 HOMER Energy LLC Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.5.4 HOMER Energy LLC Microgrids Products Introduction
5.6 Microgrid Energy LLC
5.6.1 Microgrid Energy LLC Company Profile
5.6.2 Microgrid Energy LLC Business Overview
5.6.3 Microgrid Energy LLC Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.6.4 Microgrid Energy LLC Microgrids Products Introduction
5.7 Power Analytics Corporation
5.7.1 Power Analytics Corporation Company Profile
5.7.2 Power Analytics Corporation Business Overview
5.7.3 Power Analytics Corporation Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.7.4 Power Analytics Corporation Microgrids Products Introduction
5.8 GE Digital Energy
5.8.1 GE Digital Energy Company Profile
5.8.2 GE Digital Energy Business Overview
5.8.3 GE Digital Energy Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.8.4 GE Digital Energy Microgrids Products Introduction
5.9 Chevron Energy
5.9.1 Chevron Energy Company Profile
5.9.2 Chevron Energy Business Overview
5.9.3 Chevron Energy Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.9.4 Chevron Energy Microgrids Products Introduction
5.10 Consert Inc.
5.10.1 Consert Inc. Company Profile
5.10.2 Consert Inc. Business Overview
5.10.3 Consert Inc. Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.10.4 Consert Inc. Microgrids Products Introduction
5.11 ZBB Energy Corporation
5.11.1 ZBB Energy Corporation Company Profile
5.11.2 ZBB Energy Corporation Business Overview
5.11.3 ZBB Energy Corporation Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.11.4 ZBB Energy Corporation Microgrids Products Introduction
5.12 ABB Ltd.
5.12.1 ABB Ltd. Company Profile
5.12.2 ABB Ltd. Business Overview
5.12.3 ABB Ltd. Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.12.4 ABB Ltd. Microgrids Products Introduction
5.13 S&C Electric Company
5.13.1 S&C Electric Company Company Profile
5.13.2 S&C Electric Company Business Overview
5.13.3 S&C Electric Company Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.13.4 S&C Electric Company Microgrids Products Introduction
5.14 Honeywell International Inc.
5.14.1 Honeywell International Inc. Company Profile
5.14.2 Honeywell International Inc. Business Overview
5.14.3 Honeywell International Inc. Microgrids Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
5.14.4 Honeywell International Inc. Microgrids Products Introduction
6 Market Analysis and Forecast, By Product Types
6.1 Global Microgrids Sales, Revenue and Market Share by Types (2015-2020)
6.1.1 Global Microgrids Sales and Market Share by Types (2015-2020)
6.1.2 Global Microgrids Revenue and Market Share by Types (2015-2020)
6.1.3 Global Microgrids Price by Types (2015-2020)
6.2 Global Microgrids Market Forecast by Types (2020-2025)
6.2.1 Global Microgrids Market Forecast Sales and Market Share by Types (2020-2025)
6.2.2 Global Microgrids Market Forecast Revenue and Market Share by Types (2020-2025)
6.3 Global Microgrids Sales, Price and Growth Rate by Types (2015-2020)
6.3.1 Global Microgrids Sales, Price and Growth Rate of Software
6.3.2 Global Microgrids Sales, Price and Growth Rate of Hardware
6.3.3 Global Microgrids Sales, Price and Growth Rate of Micro-Grid Solutions
6.4 Global Microgrids Market Revenue and Sales Forecast, by Types (2020-2025)
6.4.1 Software Market Revenue and Sales Forecast (2020-2025)
6.4.2 Hardware Market Revenue and Sales Forecast (2020-2025)
6.4.3 Micro-Grid Solutions Market Revenue and Sales Forecast (2020-2025)
7 Market Analysis and Forecast, By Applications
7.1 Global Microgrids Sales, Revenue and Market Share by Applications (2015-2020)
7.1.1 Global Microgrids Sales and Market Share by Applications (2015-2020)
7.1.2 Global Microgrids Revenue and Market Share by Applications (2015-2020)
7.2 Global Microgrids Market Forecast by Applications (2020-2025)
7.2.1 Global Microgrids Market Forecast Sales and Market Share by Applications (2020-2025)
7.2.2 Global Microgrids Market Forecast Revenue and Market Share by Applications (2020-2025)
7.3 Global Revenue, Sales and Growth Rate by Applications (2015-2020)
7.3.1 Global Microgrids Revenue, Sales and Growth Rate of Large Scale Solar Power Plant (2015-2020)
7.3.2 Global Microgrids Revenue, Sales and Growth Rate of Wind Power Plant (2015-2020)
7.3.3 Global Microgrids Revenue, Sales and Growth Rate of Renewable Energy (2015-2020)
7.3.4 Global Microgrids Revenue, Sales and Growth Rate of Storage System (2015-2020)
7.4 Global Microgrids Market Revenue and Sales Forecast, by Applications (2020-2025)
7.4.1 Large Scale Solar Power Plant Market Revenue and Sales Forecast (2020-2025)
7.4.2 Wind Power Plant Market Revenue and Sales Forecast (2020-2025)
7.4.3 Renewable Energy Market Revenue and Sales Forecast (2020-2025)
7.4.4 Storage System Market Revenue and Sales Forecast (2020-2025)
8 Market Analysis and Forecast, By Regions
8.1 Global Microgrids Sales by Regions (2015-2020)
8.2 Global Microgrids Market Revenue by Regions (2015-2020)
8.3 Global Microgrids Market Forecast by Regions (2020-2025)
9 North America Microgrids Market Analysis
9.1 Market Overview and Prospect Analysis
9.2 North America Microgrids Market Sales and Growth Rate (2015-2020)
9.3 North America Microgrids Market Revenue and Growth Rate (2015-2020)
9.4 North America Microgrids Market Forecast
9.5 The Influence of COVID-19 on North America Market
9.6 North America Microgrids Market Analysis by Country
9.6.1 U.S. Microgrids Sales and Growth Rate
9.6.2 Canada Microgrids Sales and Growth Rate
9.6.3 Mexico Microgrids Sales and Growth Rate
10 Europe Microgrids Market Analysis
10.1 Market Overview and Prospect Analysis
10.2 Europe Microgrids Market Sales and Growth Rate (2015-2020)
10.3 Europe Microgrids Market Revenue and Growth Rate (2015-2020)
10.4 Europe Microgrids Market Forecast
10.5 The Influence of COVID-19 on Europe Market
10.6 Europe Microgrids Market Analysis by Country
10.6.1 Germany Microgrids Sales and Growth Rate
10.6.2 United Kingdom Microgrids Sales and Growth Rate
10.6.3 France Microgrids Sales and Growth Rate
10.6.4 Italy Microgrids Sales and Growth Rate
10.6.5 Spain Microgrids Sales and Growth Rate
10.6.6 Russia Microgrids Sales and Growth Rate
11 Asia-Pacific Microgrids Market Analysis
11.1 Market Overview and Prospect Analysis
11.2 Asia-Pacific Microgrids Market Sales and Growth Rate (2015-2020)
11.3 Asia-Pacific Microgrids Market Revenue and Growth Rate (2015-2020)
11.4 Asia-Pacific Microgrids Market Forecast
11.5 The Influence of COVID-19 on Asia Pacific Market
11.6 Asia-Pacific Microgrids Market Analysis by Country
11.6.1 China Microgrids Sales and Growth Rate
11.6.2 Japan Microgrids Sales and Growth Rate
11.6.3 South Korea Microgrids Sales and Growth Rate
11.6.4 Australia Microgrids Sales and Growth Rate
11.6.5 India Microgrids Sales and Growth Rate
12 South America Microgrids Market Analysis
12.1 Market Overview and Prospect Analysis
12.2 South America Microgrids Market Sales and Growth Rate (2015-2020)
12.3 South America Microgrids Market Revenue and Growth Rate (2015-2020)
12.4 South America Microgrids Market Forecast
12.5 The Influence of COVID-19 on South America Market
12.6 South America Microgrids Market Analysis by Country
12.6.1 Brazil Microgrids Sales and Growth Rate
12.6.2 Argentina Microgrids Sales and Growth Rate
12.6.3 Columbia Microgrids Sales and Growth Rate
13 Middle East and Africa Microgrids Market Analysis
13.1 Market Overview and Prospect Analysis
13.2 Middle East and Africa Microgrids Market Sales and Growth Rate (2015-2020)
13.3 Middle East and Africa Microgrids Market Revenue and Growth Rate (2015-2020)
13.4 Middle East and Africa Microgrids Market Forecast
13.5 The Influence of COVID-19 on Middle East and Africa Market
13.6 Middle East and Africa Microgrids Market Analysis by Country
13.6.1 UAE Microgrids Sales and Growth Rate
13.6.2 Egypt Microgrids Sales and Growth Rate
13.6.3 South Africa Microgrids Sales and Growth Rate
14 Conclusions and Recommendations
14.1 Key Market Findings and Prospects
14.2 Advice for Investors
15 Appendix
15.1 Methodology
15.2 Research Data Source
List of Tables and Figures
Figure Product Picture
Figure Global Microgrids Market Size and Growth Rate 2015-2025
Table Microgrids Key Market Segments
Figure Global Microgrids Market Revenue ($) Segment by Type from 2015-2020
Figure Global Microgrids Market Revenue ($) Segment by Applications from 2015-2020
Table SWOT Analysis
Figure Global COVID-19 Status
Figure Supply Chain
Table Major Players Headquarters, and Service Area of Microgrids
Table Major Players Revenue in 2019
Figure Major Players Revenue Share in 2019
Table Toshiba Corporation, Company Profile
Table Toshiba Corporation, Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Toshiba Corporation, Production and Growth Rate
Figure Toshiba Corporation, Market Revenue ($) Market Share 2015-2020
Table Lockheed Martin Corporation Company Profile
Table Lockheed Martin Corporation Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Lockheed Martin Corporation Production and Growth Rate
Figure Lockheed Martin Corporation Market Revenue ($) Market Share 2015-2020
Table Siemens Company Profile
Table Siemens Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Siemens Production and Growth Rate
Figure Siemens Market Revenue ($) Market Share 2015-2020
Table Viridity Energy, Inc. Company Profile
Table Viridity Energy, Inc. Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Viridity Energy, Inc. Production and Growth Rate
Figure Viridity Energy, Inc. Market Revenue ($) Market Share 2015-2020
Table HOMER Energy LLC Company Profile
Table HOMER Energy LLC Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure HOMER Energy LLC Production and Growth Rate
Figure HOMER Energy LLC Market Revenue ($) Market Share 2015-2020
Table Microgrid Energy LLC Company Profile
Table Microgrid Energy LLC Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Microgrid Energy LLC Production and Growth Rate
Figure Microgrid Energy LLC Market Revenue ($) Market Share 2015-2020
Table Power Analytics Corporation Company Profile
Table Power Analytics Corporation Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Power Analytics Corporation Production and Growth Rate
Figure Power Analytics Corporation Market Revenue ($) Market Share 2015-2020
Table GE Digital Energy Company Profile
Table GE Digital Energy Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure GE Digital Energy Production and Growth Rate
Figure GE Digital Energy Market Revenue ($) Market Share 2015-2020
Table Chevron Energy Company Profile
Table Chevron Energy Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Chevron Energy Production and Growth Rate
Figure Chevron Energy Market Revenue ($) Market Share 2015-2020
Table Consert Inc. Company Profile
Table Consert Inc. Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Consert Inc. Production and Growth Rate
Figure Consert Inc. Market Revenue ($) Market Share 2015-2020
Table ZBB Energy Corporation Company Profile
Table ZBB Energy Corporation Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure ZBB Energy Corporation Production and Growth Rate
Figure ZBB Energy Corporation Market Revenue ($) Market Share 2015-2020
Table ABB Ltd. Company Profile
Table ABB Ltd. Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure ABB Ltd. Production and Growth Rate
Figure ABB Ltd. Market Revenue ($) Market Share 2015-2020
Table S&C Electric Company Company Profile
Table S&C Electric Company Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure S&C Electric Company Production and Growth Rate
Figure S&C Electric Company Market Revenue ($) Market Share 2015-2020
Table Honeywell International Inc. Company Profile
Table Honeywell International Inc. Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)
Figure Honeywell International Inc. Production and Growth Rate
Figure Honeywell International Inc. Market Revenue ($) Market Share 2015-2020
Table Global Microgrids Sales by Types (2015-2020)
Table Global Microgrids Sales Share by Types (2015-2020)
Table Global Microgrids Revenue ($) by Types (2015-2020)
Table Global Microgrids Revenue Share by Types (2015-2020)
Table Global Microgrids Price ($) by Types (2015-2020)
Table Global Microgrids Market Forecast Sales by Types (2020-2025)
Table Global Microgrids Market Forecast Sales Share by Types (2020-2025)
Table Global Microgrids Market Forecast Revenue ($) by Types (2020-2025)
Table Global Microgrids Market Forecast Revenue Share by Types (2020-2025)
Figure Global Software Sales and Growth Rate (2015-2020)
Figure Global Software Price (2015-2020)
Figure Global Hardware Sales and Growth Rate (2015-2020)
Figure Global Hardware Price (2015-2020)
Figure Global Micro-Grid Solutions Sales and Growth Rate (2015-2020)
Figure Global Micro-Grid Solutions Price (2015-2020)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Software (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Software (2020-2025)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Hardware (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Hardware (2020-2025)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Micro-Grid Solutions (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Micro-Grid Solutions (2020-2025)
Table Global Microgrids Sales by Applications (2015-2020)
Table Global Microgrids Sales Share by Applications (2015-2020)
Table Global Microgrids Revenue ($) by Applications (2015-2020)
Table Global Microgrids Revenue Share by Applications (2015-2020)
Table Global Microgrids Market Forecast Sales by Applications (2020-2025)
Table Global Microgrids Market Forecast Sales Share by Applications (2020-2025)
Table Global Microgrids Market Forecast Revenue ($) by Applications (2020-2025)
Table Global Microgrids Market Forecast Revenue Share by Applications (2020-2025)
Figure Global Large Scale Solar Power Plant Sales and Growth Rate (2015-2020)
Figure Global Large Scale Solar Power Plant Price (2015-2020)
Figure Global Wind Power Plant Sales and Growth Rate (2015-2020)
Figure Global Wind Power Plant Price (2015-2020)
Figure Global Renewable Energy Sales and Growth Rate (2015-2020)
Figure Global Renewable Energy Price (2015-2020)
Figure Global Storage System Sales and Growth Rate (2015-2020)
Figure Global Storage System Price (2015-2020)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Large Scale Solar Power Plant (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Large Scale Solar Power Plant (2020-2025)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Wind Power Plant (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Wind Power Plant (2020-2025)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Renewable Energy (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Renewable Energy (2020-2025)
Figure Global Microgrids Market Revenue ($) and Growth Rate Forecast of Storage System (2020-2025)
Figure Global Microgrids Sales and Growth Rate Forecast of Storage System (2020-2025)
Figure Global Microgrids Sales and Growth Rate (2015-2020)
Table Global Microgrids Sales by Regions (2015-2020)
Table Global Microgrids Sales Market Share by Regions (2015-2020)
Figure Global Microgrids Sales Market Share by Regions in 2019
Figure Global Microgrids Revenue and Growth Rate (2015-2020)
Table Global Microgrids Revenue by Regions (2015-2020)
Table Global Microgrids Revenue Market Share by Regions (2015-2020)
Figure Global Microgrids Revenue Market Share by Regions in 2019
Table Global Microgrids Market Forecast Sales by Regions (2020-2025)
Table Global Microgrids Market Forecast Sales Share by Regions (2020-2025)
Table Global Microgrids Market Forecast Revenue ($) by Regions (2020-2025)
Table Global Microgrids Market Forecast Revenue Share by Regions (2020-2025)
Figure North America Microgrids Market Sales and Growth Rate (2015-2020)
Figure North America Microgrids Market Revenue and Growth Rate (2015-2020)
Figure North America Microgrids Market Forecast Sales (2020-2025)
Figure North America Microgrids Market Forecast Revenue ($) (2020-2025)
Figure North America COVID-19 Status
Figure U.S. Microgrids Market Sales and Growth Rate (2015-2020)
Figure Canada Microgrids Market Sales and Growth Rate (2015-2020)
Figure Mexico Microgrids Market Sales and Growth Rate (2015-2020)
Figure Europe Microgrids Market Sales and Growth Rate (2015-2020)
Figure Europe Microgrids Market Revenue and Growth Rate (2015-2020)
Figure Europe Microgrids Market Forecast Sales (2020-2025)
Figure Europe Microgrids Market Forecast Revenue ($) (2020-2025)
Figure Europe COVID-19 Status
Figure Germany Microgrids Market Sales and Growth Rate (2015-2020)
Figure United Kingdom Microgrids Market Sales and Growth Rate (2015-2020)
Figure France Microgrids Market Sales and Growth Rate (2015-2020)
Figure Italy Microgrids Market Sales and Growth Rate (2015-2020)
Figure Spain Microgrids Market Sales and Growth Rate (2015-2020)
Figure Russia Microgrids Market Sales and Growth Rate (2015-2020)
Figure Asia-Pacific Microgrids Market Sales and Growth Rate (2015-2020)
Figure Asia-Pacific Microgrids Market Revenue and Growth Rate (2015-2020)
Figure Asia-Pacific Microgrids Market Forecast Sales (2020-2025)
Figure Asia-Pacific Microgrids Market Forecast Revenue ($) (2020-2025)
Figure Asia Pacific COVID-19 Status
Figure China Microgrids Market Sales and Growth Rate (2015-2020)
Figure Japan Microgrids Market Sales and Growth Rate (2015-2020)
Figure South Korea Microgrids Market Sales and Growth Rate (2015-2020)
Figure Australia Microgrids Market Sales and Growth Rate (2015-2020)
Figure India Microgrids Market Sales and Growth Rate (2015-2020)
Figure South America Microgrids Market Sales and Growth Rate (2015-2020)
Figure South America Microgrids Market Revenue and Growth Rate (2015-2020)
Figure South America Microgrids Market Forecast Sales (2020-2025)
Figure South America Microgrids Market Forecast Revenue ($) (2020-2025)
Figure Brazil Microgrids Market Sales and Growth Rate (2015-2020)
Figure Argentina Microgrids Market Sales and Growth Rate (2015-2020)
Figure Columbia Microgrids Market Sales and Growth Rate (2015-2020)
Figure Middle East and Africa Microgrids Market Sales and Growth Rate (2015-2020)
Figure Middle East and Africa Microgrids Market Revenue and Growth Rate (2015-2020)
Figure Middle East and Africa Microgrids Market Forecast Sales (2020-2025)
Figure Middle East and Africa Microgrids Market Forecast Revenue ($) (2020-2025)
Figure UAE Microgrids Market Sales and Growth Rate (2015-2020)
Figure Egypt Microgrids Market Sales and Growth Rate (2015-2020)
Figure South Africa Microgrids Market Sales and Growth Rate (2015-2020)
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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Influencing Factors |
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Market Forecast (2021-2026) |
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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.
Market Size |
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Qualitative Analysis |
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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
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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