Microgrid Technology Market Analysis by Key Manufacturers, Type, Applications and Forecasts to 2020-2025

(The Express Wire via Comtex)

Global Microgrid Technology Market investigation reports give a significant wellspring of quick information for business strategies and focused examination. It furnishes the Microgrid Technology business review with development investigation and cutting edge cost, income, Demand and supply information.

Global Microgrid Technology Market 2020-2023:

Over the next five years, Publisher projects that Microgrid Technology will register a 14.2% CAGR in terms of revenue, reach US$ 25300 million by 2023, from US$ 11400 million in 2017.

In this report, Publisher covers the present scenario (with the base year being 2017) and the growth prospects of global Microgrid Technology market for 2018-2023.

Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.
Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.

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North America is currently the largest microgrid market, having captured nearly half of all vendor revenue activity. The region holds a nearly identical market share (48.59%) compared with data presented in 2016.
ABB, GE and Echelon captured the top three revenue share spots in the Microgrid market in 2016. ABB dominated with 7.53 percent revenue share, followed by GE with 5.64 percent revenue share and Echelon with 5.03 percent revenue share.
The second place is Asia regions; following North America with the Revenue market share over 27.83% in 2016. Europe is another important consumption market of Microgrid Technology.
Microgrid Technology used in industry including Campus/Institutional Microgrid, Community/Utility Microgrid, Commercial/Industrial Microgrid, Military Microgrid and Remote Microgrid. Report data showed that 41.79% of the Microgrid Technology market demand in Campus/Institutional Microgrid, 24.24% in Commercial/Industrial Microgrid, and 21.28% in Community/Utility Microgrid in 2016.
There are two kinds of Microgrid Technology, which are Grid-Tied Type Microgrid and Independent Type Microgrid. Grid-Tied Type Microgrid is important in the Microgrid Technology, with a Installed Capacity market share nearly 78.30% in 2016.
Briefly speaking, in the next few years, Microgrid Technology industry will still be a rapid development industry. Sales of Microgrid Technology have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:




SandC Electric Co


General Microgrids

Microgrid Solar


Sunverge Energy



Aquion Energy






Green Energy Corp

Growing Energy Labs Inc

HOMER Energy

Spirae, Inc.

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To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:

Segmentation by product type:

Grid-Tied Type Microgrid

Independent Type Microgrid

Segmentation by application:

Commercial/Industrial Microgrid

Community/Utility Microgrid

Campus/Institutional Microgrid

Military Microgrid

Remote Microgrid

Research objectives:

To study and analyze the global Microgrid Technology consumption (value and volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Microgrid Technology market by identifying its various subsegments.

Focuses on the key global Microgrid Technology manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Microgrid Technology with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Microgrid Technology submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents:

1 Scope of the Report

2 Executive Summary

3 Global Microgrid Technology by Players

4 Microgrid Technology by Regions

5 Americas


7 Europe

8 Middle East and Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global Microgrid Technology Market Forecast

12 Key Players Analysis

12.1 ABB

12.1.1 Company Details

12.1.2 Microgrid Technology Product Offered

12.1.3 ABB Microgrid Technology Sales, Revenue, Price and Gross Margin (2016-2018)

12.1.4 Main Business Overview

12.1.5 ABB News

12.2 GE

12.2.1 Company Details

12.2.2 Microgrid Technology Product Offered

12.2.3 GE Microgrid Technology Sales, Revenue, Price and Gross Margin (2016-2018)

12.2.4 Main Business Overview

12.2.5 GE News

12.3 Echelon

12.3.1 Company Details

12.3.2 Microgrid Technology Product Offered

12.3.3 Echelon Microgrid Technology Sales, Revenue, Price and Gross Margin (2016-2018)

12.3.4 Main Business Overview

12.3.5 Echelon News

12.4 SandC Electric Co

12.4.1 Company Details

12.4.2 Microgrid Technology Product Offered

12.4.3 SandC Electric Co Microgrid Technology Sales, Revenue, Price and Gross Margin (2016-2018)

12.4.4 Main Business Overview

12.4.5 SandC Electric Co News

12.5 Siemens

12.5.1 Company Details

12.5.2 Microgrid Technology Product Offered

12.5.3 Siemens Microgrid Technology Sales, Revenue, Price and Gross Margin (2016-2018)

12.5.4 Main Business Overview

12.5.5 Siemens News


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