A recent report published by Infinium Global Research on microgrid market provides in depth analysis of segments and sub-segments in global as well as regional markets of microgrid market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of microgrid over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global microgrid market. According to report the global microgrid market is projected to grow at a CAGR of 16.5% over the forecast period of 2018 - 2024.
The report on global microgrid market covers segments such as power, product, and application. The power segments include natural gas, CHP, solar PV, diesel, fuel cell, and others. On the basis of product the global microgrid market is categorized into remote, grid connected, and hybrid. Furthermore, on the basis of application the microgrid market is segmented as government, education, commercial, utility, defence, and other.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of the companies in the global microgrid market such as, Siemens AG, General Electric, Exelon, Anarbic, Eaton Corporation, Spirae, NRG International, Northern Power, Honeywell International, and Pareto.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global microgrid market. Moreover, IGR-growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter’s five forces analysis and DRO analysis of microgrid market. Moreover, the study highlights current market trends and provides forecast from 2018 to 2024. We also have highlighted future trends in the microgrid market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the microgrid market to understand the present and future trends in this market and formulate their strategies accordingly.
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