Global Grid-connected Microgrid Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Page: 87

Published Date: 31 Dec 2022

Category: Energy & Power

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The grid-connected microgrid includes multiple generators, power distribution systems, and complex controls. The main grid acts as the main power source for the grid-connected microgrid. These microgrids rely on the main grid for power balance and energy backup. Grid-connected microgrids generally have higher reliability than remote / island microgrids due to their connection to the main grid. The growth of the grid-connected microgrid market can be attributed to the expansion of utility-based grid networks and the large-scale use of renewable energy sources (such as offshore wind energy). Grid-connected microgrids can provide grid flexibility and improve quality. Their impact on the environment is small, thus driving demand for clean energy.

According to our (Global Info Research) latest study, the global Grid-connected Microgrid market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

This report is a detailed and comprehensive analysis for global Grid-connected Microgrid market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:
Global Grid-connected Microgrid market size and forecasts, in consumption value ($ Million), 2018-2029
Global Grid-connected Microgrid market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Grid-connected Microgrid market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
Global Grid-connected Microgrid market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Grid-connected Microgrid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Grid-connected Microgrid market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, General Electric Company, Siemens AG, Eaton Corporation and Schneider Electric, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation
Grid-connected Microgrid market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
    AC Microgrid
    DC Microgrid
    Hybrid Microgrid

Market segment by Application
    Commercial and Industrial
    Government
    Military
    Healthcare

Market segment by players, this report covers
    ABB
    General Electric Company
    Siemens AG
    Eaton Corporation
    Schneider Electric
    Honeywell International
    HOMER Energy LLC
    Power Analytics Corporation

Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Grid-connected Microgrid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Grid-connected Microgrid, with revenue, gross margin and global market share of Grid-connected Microgrid from 2018 to 2023.
Chapter 3, the Grid-connected Microgrid competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Grid-connected Microgrid market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Grid-connected Microgrid.
Chapter 13, to describe Grid-connected Microgrid research findings and conclusion.

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Grid-connected Microgrid
    1.2 Market Estimation Caveats and Base Year
    1.3 Classification of Grid-connected Microgrid by Type
        1.3.1 Overview: Global Grid-connected Microgrid Market Size by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Global Grid-connected Microgrid Consumption Value Market Share by Type in 2022
        1.3.3 AC Microgrid
        1.3.4 DC Microgrid
        1.3.5 Hybrid Microgrid
    1.4 Global Grid-connected Microgrid Market by Application
        1.4.1 Overview: Global Grid-connected Microgrid Market Size by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Commercial and Industrial
        1.4.3 Government
        1.4.4 Military
        1.4.5 Healthcare
    1.5 Global Grid-connected Microgrid Market Size & Forecast
    1.6 Global Grid-connected Microgrid Market Size and Forecast by Region
        1.6.1 Global Grid-connected Microgrid Market Size by Region: 2018 VS 2022 VS 2029
        1.6.2 Global Grid-connected Microgrid Market Size by Region, (2018-2029)
        1.6.3 North America Grid-connected Microgrid Market Size and Prospect (2018-2029)
        1.6.4 Europe Grid-connected Microgrid Market Size and Prospect (2018-2029)
        1.6.5 Asia-Pacific Grid-connected Microgrid Market Size and Prospect (2018-2029)
        1.6.6 South America Grid-connected Microgrid Market Size and Prospect (2018-2029)
        1.6.7 Middle East and Africa Grid-connected Microgrid Market Size and Prospect (2018-2029)

2 Company Profiles
    2.1 ABB
        2.1.1 ABB Details
        2.1.2 ABB Major Business
        2.1.3 ABB Grid-connected Microgrid Product and Solutions
        2.1.4 ABB Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 ABB Recent Developments and Future Plans
    2.2 General Electric Company
        2.2.1 General Electric Company Details
        2.2.2 General Electric Company Major Business
        2.2.3 General Electric Company Grid-connected Microgrid Product and Solutions
        2.2.4 General Electric Company Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 General Electric Company Recent Developments and Future Plans
    2.3 Siemens AG
        2.3.1 Siemens AG Details
        2.3.2 Siemens AG Major Business
        2.3.3 Siemens AG Grid-connected Microgrid Product and Solutions
        2.3.4 Siemens AG Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Siemens AG Recent Developments and Future Plans
    2.4 Eaton Corporation
        2.4.1 Eaton Corporation Details
        2.4.2 Eaton Corporation Major Business
        2.4.3 Eaton Corporation Grid-connected Microgrid Product and Solutions
        2.4.4 Eaton Corporation Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 Eaton Corporation Recent Developments and Future Plans
    2.5 Schneider Electric
        2.5.1 Schneider Electric Details
        2.5.2 Schneider Electric Major Business
        2.5.3 Schneider Electric Grid-connected Microgrid Product and Solutions
        2.5.4 Schneider Electric Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Schneider Electric Recent Developments and Future Plans
    2.6 Honeywell International
        2.6.1 Honeywell International Details
        2.6.2 Honeywell International Major Business
        2.6.3 Honeywell International Grid-connected Microgrid Product and Solutions
        2.6.4 Honeywell International Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 Honeywell International Recent Developments and Future Plans
    2.7 HOMER Energy LLC
        2.7.1 HOMER Energy LLC Details
        2.7.2 HOMER Energy LLC Major Business
        2.7.3 HOMER Energy LLC Grid-connected Microgrid Product and Solutions
        2.7.4 HOMER Energy LLC Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 HOMER Energy LLC Recent Developments and Future Plans
    2.8 Power Analytics Corporation
        2.8.1 Power Analytics Corporation Details
        2.8.2 Power Analytics Corporation Major Business
        2.8.3 Power Analytics Corporation Grid-connected Microgrid Product and Solutions
        2.8.4 Power Analytics Corporation Grid-connected Microgrid Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Power Analytics Corporation Recent Developments and Future Plans

3 Market Competition, by Players
    3.1 Global Grid-connected Microgrid Revenue and Share by Players (2018-2023)
    3.2 Market Share Analysis (2022)
        3.2.1 Market Share of Grid-connected Microgrid by Company Revenue
        3.2.2 Top 3 Grid-connected Microgrid Players Market Share in 2022
        3.2.3 Top 6 Grid-connected Microgrid Players Market Share in 2022
    3.3 Grid-connected Microgrid Market: Overall Company Footprint Analysis
        3.3.1 Grid-connected Microgrid Market: Region Footprint
        3.3.2 Grid-connected Microgrid Market: Company Product Type Footprint
        3.3.3 Grid-connected Microgrid Market: Company Product Application Footprint
    3.4 New Market Entrants and Barriers to Market Entry
    3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
    4.1 Global Grid-connected Microgrid Consumption Value and Market Share by Type (2018-2023)
    4.2 Global Grid-connected Microgrid Market Forecast by Type (2024-2029)

5 Market Size Segment by Application
    5.1 Global Grid-connected Microgrid Consumption Value Market Share by Application (2018-2023)
    5.2 Global Grid-connected Microgrid Market Forecast by Application (2024-2029)

6 North America
    6.1 North America Grid-connected Microgrid Consumption Value by Type (2018-2029)
    6.2 North America Grid-connected Microgrid Consumption Value by Application (2018-2029)
    6.3 North America Grid-connected Microgrid Market Size by Country
        6.3.1 North America Grid-connected Microgrid Consumption Value by Country (2018-2029)
        6.3.2 United States Grid-connected Microgrid Market Size and Forecast (2018-2029)
        6.3.3 Canada Grid-connected Microgrid Market Size and Forecast (2018-2029)
        6.3.4 Mexico Grid-connected Microgrid Market Size and Forecast (2018-2029)

7 Europe
    7.1 Europe Grid-connected Microgrid Consumption Value by Type (2018-2029)
    7.2 Europe Grid-connected Microgrid Consumption Value by Application (2018-2029)
    7.3 Europe Grid-connected Microgrid Market Size by Country
        7.3.1 Europe Grid-connected Microgrid Consumption Value by Country (2018-2029)
        7.3.2 Germany Grid-connected Microgrid Market Size and Forecast (2018-2029)
        7.3.3 France Grid-connected Microgrid Market Size and Forecast (2018-2029)
        7.3.4 United Kingdom Grid-connected Microgrid Market Size and Forecast (2018-2029)
        7.3.5 Russia Grid-connected Microgrid Market Size and Forecast (2018-2029)
        7.3.6 Italy Grid-connected Microgrid Market Size and Forecast (2018-2029)

8 Asia-Pacific
    8.1 Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2018-2029)
    8.2 Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2018-2029)
    8.3 Asia-Pacific Grid-connected Microgrid Market Size by Region
        8.3.1 Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2018-2029)
        8.3.2 China Grid-connected Microgrid Market Size and Forecast (2018-2029)
        8.3.3 Japan Grid-connected Microgrid Market Size and Forecast (2018-2029)
        8.3.4 South Korea Grid-connected Microgrid Market Size and Forecast (2018-2029)
        8.3.5 India Grid-connected Microgrid Market Size and Forecast (2018-2029)
        8.3.6 Southeast Asia Grid-connected Microgrid Market Size and Forecast (2018-2029)
        8.3.7 Australia Grid-connected Microgrid Market Size and Forecast (2018-2029)

9 South America
    9.1 South America Grid-connected Microgrid Consumption Value by Type (2018-2029)
    9.2 South America Grid-connected Microgrid Consumption Value by Application (2018-2029)
    9.3 South America Grid-connected Microgrid Market Size by Country
        9.3.1 South America Grid-connected Microgrid Consumption Value by Country (2018-2029)
        9.3.2 Brazil Grid-connected Microgrid Market Size and Forecast (2018-2029)
        9.3.3 Argentina Grid-connected Microgrid Market Size and Forecast (2018-2029)

10 Middle East & Africa
    10.1 Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2018-2029)
    10.2 Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2018-2029)
    10.3 Middle East & Africa Grid-connected Microgrid Market Size by Country
        10.3.1 Middle East & Africa Grid-connected Microgrid Consumption Value by Country (2018-2029)
        10.3.2 Turkey Grid-connected Microgrid Market Size and Forecast (2018-2029)
        10.3.3 Saudi Arabia Grid-connected Microgrid Market Size and Forecast (2018-2029)
        10.3.4 UAE Grid-connected Microgrid Market Size and Forecast (2018-2029)

11 Market Dynamics
    11.1 Grid-connected Microgrid Market Drivers
    11.2 Grid-connected Microgrid Market Restraints
    11.3 Grid-connected Microgrid Trends Analysis
    11.4 Porters Five Forces Analysis
        11.4.1 Threat of New Entrants
        11.4.2 Bargaining Power of Suppliers
        11.4.3 Bargaining Power of Buyers
        11.4.4 Threat of Substitutes
        11.4.5 Competitive Rivalry
    11.5 Influence of COVID-19 and Russia-Ukraine War
        11.5.1 Influence of COVID-19
        11.5.2 Influence of Russia-Ukraine War

12 Industry Chain Analysis
    12.1 Grid-connected Microgrid Industry Chain
    12.2 Grid-connected Microgrid Upstream Analysis
    12.3 Grid-connected Microgrid Midstream Analysis
    12.4 Grid-connected Microgrid Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
    14.1 Methodology
    14.2 Research Process and Data Source
    14.3 Disclaimer

Table of Figures

List of Tables
    Table 1. Global Grid-connected Microgrid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Grid-connected Microgrid Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Global Grid-connected Microgrid Consumption Value by Region (2018-2023) & (USD Million)
    Table 4. Global Grid-connected Microgrid Consumption Value by Region (2024-2029) & (USD Million)
    Table 5. ABB Company Information, Head Office, and Major Competitors
    Table 6. ABB Major Business
    Table 7. ABB Grid-connected Microgrid Product and Solutions
    Table 8. ABB Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 9. ABB Recent Developments and Future Plans
    Table 10. General Electric Company Company Information, Head Office, and Major Competitors
    Table 11. General Electric Company Major Business
    Table 12. General Electric Company Grid-connected Microgrid Product and Solutions
    Table 13. General Electric Company Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 14. General Electric Company Recent Developments and Future Plans
    Table 15. Siemens AG Company Information, Head Office, and Major Competitors
    Table 16. Siemens AG Major Business
    Table 17. Siemens AG Grid-connected Microgrid Product and Solutions
    Table 18. Siemens AG Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 19. Siemens AG Recent Developments and Future Plans
    Table 20. Eaton Corporation Company Information, Head Office, and Major Competitors
    Table 21. Eaton Corporation Major Business
    Table 22. Eaton Corporation Grid-connected Microgrid Product and Solutions
    Table 23. Eaton Corporation Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 24. Eaton Corporation Recent Developments and Future Plans
    Table 25. Schneider Electric Company Information, Head Office, and Major Competitors
    Table 26. Schneider Electric Major Business
    Table 27. Schneider Electric Grid-connected Microgrid Product and Solutions
    Table 28. Schneider Electric Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 29. Schneider Electric Recent Developments and Future Plans
    Table 30. Honeywell International Company Information, Head Office, and Major Competitors
    Table 31. Honeywell International Major Business
    Table 32. Honeywell International Grid-connected Microgrid Product and Solutions
    Table 33. Honeywell International Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 34. Honeywell International Recent Developments and Future Plans
    Table 35. HOMER Energy LLC Company Information, Head Office, and Major Competitors
    Table 36. HOMER Energy LLC Major Business
    Table 37. HOMER Energy LLC Grid-connected Microgrid Product and Solutions
    Table 38. HOMER Energy LLC Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 39. HOMER Energy LLC Recent Developments and Future Plans
    Table 40. Power Analytics Corporation Company Information, Head Office, and Major Competitors
    Table 41. Power Analytics Corporation Major Business
    Table 42. Power Analytics Corporation Grid-connected Microgrid Product and Solutions
    Table 43. Power Analytics Corporation Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 44. Power Analytics Corporation Recent Developments and Future Plans
    Table 45. Global Grid-connected Microgrid Revenue (USD Million) by Players (2018-2023)
    Table 46. Global Grid-connected Microgrid Revenue Share by Players (2018-2023)
    Table 47. Breakdown of Grid-connected Microgrid by Company Type (Tier 1, Tier 2, and Tier 3)
    Table 48. Market Position of Players in Grid-connected Microgrid, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
    Table 49. Head Office of Key Grid-connected Microgrid Players
    Table 50. Grid-connected Microgrid Market: Company Product Type Footprint
    Table 51. Grid-connected Microgrid Market: Company Product Application Footprint
    Table 52. Grid-connected Microgrid New Market Entrants and Barriers to Market Entry
    Table 53. Grid-connected Microgrid Mergers, Acquisition, Agreements, and Collaborations
    Table 54. Global Grid-connected Microgrid Consumption Value (USD Million) by Type (2018-2023)
    Table 55. Global Grid-connected Microgrid Consumption Value Share by Type (2018-2023)
    Table 56. Global Grid-connected Microgrid Consumption Value Forecast by Type (2024-2029)
    Table 57. Global Grid-connected Microgrid Consumption Value by Application (2018-2023)
    Table 58. Global Grid-connected Microgrid Consumption Value Forecast by Application (2024-2029)
    Table 59. North America Grid-connected Microgrid Consumption Value by Type (2018-2023) & (USD Million)
    Table 60. North America Grid-connected Microgrid Consumption Value by Type (2024-2029) & (USD Million)
    Table 61. North America Grid-connected Microgrid Consumption Value by Application (2018-2023) & (USD Million)
    Table 62. North America Grid-connected Microgrid Consumption Value by Application (2024-2029) & (USD Million)
    Table 63. North America Grid-connected Microgrid Consumption Value by Country (2018-2023) & (USD Million)
    Table 64. North America Grid-connected Microgrid Consumption Value by Country (2024-2029) & (USD Million)
    Table 65. Europe Grid-connected Microgrid Consumption Value by Type (2018-2023) & (USD Million)
    Table 66. Europe Grid-connected Microgrid Consumption Value by Type (2024-2029) & (USD Million)
    Table 67. Europe Grid-connected Microgrid Consumption Value by Application (2018-2023) & (USD Million)
    Table 68. Europe Grid-connected Microgrid Consumption Value by Application (2024-2029) & (USD Million)
    Table 69. Europe Grid-connected Microgrid Consumption Value by Country (2018-2023) & (USD Million)
    Table 70. Europe Grid-connected Microgrid Consumption Value by Country (2024-2029) & (USD Million)
    Table 71. Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2018-2023) & (USD Million)
    Table 72. Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2024-2029) & (USD Million)
    Table 73. Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2018-2023) & (USD Million)
    Table 74. Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2024-2029) & (USD Million)
    Table 75. Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2018-2023) & (USD Million)
    Table 76. Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2024-2029) & (USD Million)
    Table 77. South America Grid-connected Microgrid Consumption Value by Type (2018-2023) & (USD Million)
    Table 78. South America Grid-connected Microgrid Consumption Value by Type (2024-2029) & (USD Million)
    Table 79. South America Grid-connected Microgrid Consumption Value by Application (2018-2023) & (USD Million)
    Table 80. South America Grid-connected Microgrid Consumption Value by Application (2024-2029) & (USD Million)
    Table 81. South America Grid-connected Microgrid Consumption Value by Country (2018-2023) & (USD Million)
    Table 82. South America Grid-connected Microgrid Consumption Value by Country (2024-2029) & (USD Million)
    Table 83. Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2018-2023) & (USD Million)
    Table 84. Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2024-2029) & (USD Million)
    Table 85. Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2018-2023) & (USD Million)
    Table 86. Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2024-2029) & (USD Million)
    Table 87. Middle East & Africa Grid-connected Microgrid Consumption Value by Country (2018-2023) & (USD Million)
    Table 88. Middle East & Africa Grid-connected Microgrid Consumption Value by Country (2024-2029) & (USD Million)
    Table 89. Grid-connected Microgrid Raw Material
    Table 90. Key Suppliers of Grid-connected Microgrid Raw Materials
List of Figures
    Figure 1. Grid-connected Microgrid Picture
    Figure 2. Global Grid-connected Microgrid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Grid-connected Microgrid Consumption Value Market Share by Type in 2022
    Figure 4. AC Microgrid
    Figure 5. DC Microgrid
    Figure 6. Hybrid Microgrid
    Figure 7. Global Grid-connected Microgrid Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 8. Grid-connected Microgrid Consumption Value Market Share by Application in 2022
    Figure 9. Commercial and Industrial Picture
    Figure 10. Government Picture
    Figure 11. Military Picture
    Figure 12. Healthcare Picture
    Figure 13. Global Grid-connected Microgrid Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 14. Global Grid-connected Microgrid Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 15. Global Market Grid-connected Microgrid Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
    Figure 16. Global Grid-connected Microgrid Consumption Value Market Share by Region (2018-2029)
    Figure 17. Global Grid-connected Microgrid Consumption Value Market Share by Region in 2022
    Figure 18. North America Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 20. Asia-Pacific Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 21. South America Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 22. Middle East and Africa Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 23. Global Grid-connected Microgrid Revenue Share by Players in 2022
    Figure 24. Grid-connected Microgrid Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
    Figure 25. Global Top 3 Players Grid-connected Microgrid Market Share in 2022
    Figure 26. Global Top 6 Players Grid-connected Microgrid Market Share in 2022
    Figure 27. Global Grid-connected Microgrid Consumption Value Share by Type (2018-2023)
    Figure 28. Global Grid-connected Microgrid Market Share Forecast by Type (2024-2029)
    Figure 29. Global Grid-connected Microgrid Consumption Value Share by Application (2018-2023)
    Figure 30. Global Grid-connected Microgrid Market Share Forecast by Application (2024-2029)
    Figure 31. North America Grid-connected Microgrid Consumption Value Market Share by Type (2018-2029)
    Figure 32. North America Grid-connected Microgrid Consumption Value Market Share by Application (2018-2029)
    Figure 33. North America Grid-connected Microgrid Consumption Value Market Share by Country (2018-2029)
    Figure 34. United States Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 35. Canada Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 36. Mexico Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 37. Europe Grid-connected Microgrid Consumption Value Market Share by Type (2018-2029)
    Figure 38. Europe Grid-connected Microgrid Consumption Value Market Share by Application (2018-2029)
    Figure 39. Europe Grid-connected Microgrid Consumption Value Market Share by Country (2018-2029)
    Figure 40. Germany Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 41. France Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 42. United Kingdom Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 43. Russia Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 44. Italy Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 45. Asia-Pacific Grid-connected Microgrid Consumption Value Market Share by Type (2018-2029)
    Figure 46. Asia-Pacific Grid-connected Microgrid Consumption Value Market Share by Application (2018-2029)
    Figure 47. Asia-Pacific Grid-connected Microgrid Consumption Value Market Share by Region (2018-2029)
    Figure 48. China Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 49. Japan Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 50. South Korea Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 51. India Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 52. Southeast Asia Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 53. Australia Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 54. South America Grid-connected Microgrid Consumption Value Market Share by Type (2018-2029)
    Figure 55. South America Grid-connected Microgrid Consumption Value Market Share by Application (2018-2029)
    Figure 56. South America Grid-connected Microgrid Consumption Value Market Share by Country (2018-2029)
    Figure 57. Brazil Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 58. Argentina Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 59. Middle East and Africa Grid-connected Microgrid Consumption Value Market Share by Type (2018-2029)
    Figure 60. Middle East and Africa Grid-connected Microgrid Consumption Value Market Share by Application (2018-2029)
    Figure 61. Middle East and Africa Grid-connected Microgrid Consumption Value Market Share by Country (2018-2029)
    Figure 62. Turkey Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 63. Saudi Arabia Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 64. UAE Grid-connected Microgrid Consumption Value (2018-2029) & (USD Million)
    Figure 65. Grid-connected Microgrid Market Drivers
    Figure 66. Grid-connected Microgrid Market Restraints
    Figure 67. Grid-connected Microgrid Market Trends
    Figure 68. Porters Five Forces Analysis
    Figure 69. Manufacturing Cost Structure Analysis of Grid-connected Microgrid in 2022
    Figure 70. Manufacturing Process Analysis of Grid-connected Microgrid
    Figure 71. Grid-connected Microgrid Industrial Chain
    Figure 72. Methodology
    Figure 73. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

ABB
General Electric Company
Siemens AG
Eaton Corporation
Schneider Electric
Honeywell International
HOMER Energy LLC
Power Analytics Corporation

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