Global Grid-connected Microgrid Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 13 Jan 2024

Category: Energy & Power

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

Description

According to our (Global Info Research) latest study, the global Grid-connected Microgrid market size was valued at USD 15720 million in 2023 and is forecast to a readjusted size of USD 37690 million by 2030 with a CAGR of 13.3% during review period.

A grid-connected microgrid is a localized and decentralized power system that is connected to the main electrical grid. It consists of multiple distributed energy resources (DERs) such as solar panels, wind turbines, battery storage systems, and backup generators. Unlike traditional centralized power systems, a microgrid operates independently or in conjunction with the main grid, allowing it to function as a standalone entity when disconnected from the main grid during a power outage or intentionally during peak demand periods.

The main purpose of a grid-connected microgrid is to optimize the generation, distribution, and consumption of electricity by integrating renewable energy sources, managing energy storage, and utilizing advanced control systems. It allows for the efficient utilization of distributed energy resources and enables a more resilient, flexible, and sustainable energy infrastructure.

In a grid-connected microgrid, power exchange occurs between the microgrid and the main grid. During periods of excess electricity generation, the microgrid can export surplus power to the main grid. Conversely, when the microgrid requires additional power, it can import electricity from the main grid. This two-way power flow enables the microgrid to balance energy supply and demand efficiently.

The global grid-connected microgrid market is experiencing significant growth as a result of increasing demand for reliable and sustainable power solutions. Factors such as the growing deployment of renewable energy sources, advancements in energy storage technologies, and the need for grid resilience are driving the market expansion.

The grid-connected microgrid market is segmented based on several factors, including technology, application, end-user, and region. Key technologies involved in grid-connected microgrids include advanced controls, energy management systems, energy storage systems, and renewable energy sources integration.

In terms of applications, the market is segmented into commercial and industrial, military, utility, and others. Commercial and industrial sectors dominate the market, driven by the need for grid resilience, cost savings through energy optimization, and the ability to integrate renewable energy sources.

The end-users of grid-connected microgrids include industries such as manufacturing, healthcare, data centers, educational institutions, military bases, and remote communities.

Geographically, North America holds a significant share in the grid-connected microgrid market due to favorable government initiatives, increased renewable energy integration, and the presence of key market players. Europe is also a prominent market for grid-connected microgrids, driven by the European Union’s renewable energy targets and the region’s focus on sustainable energy solutions.

Asia-Pacific is expected to witness substantial growth in the grid-connected microgrid market, primarily due to the increasing demand for electricity, rapid industrialization, and the adoption of clean energy technologies in countries such as China, India, and Japan.

The Global Info Research report includes an overview of the development of the Grid-connected Microgrid industry chain, the market status of Business & Industry (AC Microgrid, DC Microgrid), Government Organizations (AC Microgrid, DC Microgrid), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grid-connected Microgrid.

Regionally, the report analyzes the Grid-connected Microgrid markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grid-connected Microgrid market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:
The report presents comprehensive understanding of the Grid-connected Microgrid market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grid-connected Microgrid industry.

The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., AC Microgrid, DC Microgrid).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grid-connected Microgrid market.

Regional Analysis: The report involves examining the Grid-connected Microgrid market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grid-connected Microgrid market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Grid-connected Microgrid:
Company Analysis: Report covers individual Grid-connected Microgrid players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grid-connected Microgrid This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Business & Industry, Government Organizations).

Technology Analysis: Report covers specific technologies relevant to Grid-connected Microgrid. It assesses the current state, advancements, and potential future developments in Grid-connected Microgrid areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grid-connected Microgrid market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation
Grid-connected Microgrid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
AC Microgrid
DC Microgrid
Hybrid Microgrid

Market segment by Application
Business & Industry
Government Organizations
Public Utilities
Utilities
Military
Healthcare
Others

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
Advanced Microgrid Solutions (AMS)
EnSync Energy Systems
Enel X
Ameresco
NRG Energy
Duke Energy
Black & Veatch

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 2019 to 2024.
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 2019 to 2030.
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 2019 to 2024.and Grid-connected Microgrid market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
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: 2019 Versus 2023 Versus 2030
        1.3.2 Global Grid-connected Microgrid Consumption Value Market Share by Type in 2023
        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: 2019 Versus 2023 Versus 2030
        1.4.2 Business & Industry
        1.4.3 Government Organizations
        1.4.4 Public Utilities
        1.4.5 Utilities
        1.4.6 Military
        1.4.7 Healthcare
        1.4.8 Others
    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: 2019 VS 2023 VS 2030
        1.6.2 Global Grid-connected Microgrid Market Size by Region, (2019-2030)
        1.6.3 North America Grid-connected Microgrid Market Size and Prospect (2019-2030)
        1.6.4 Europe Grid-connected Microgrid Market Size and Prospect (2019-2030)
        1.6.5 Asia-Pacific Grid-connected Microgrid Market Size and Prospect (2019-2030)
        1.6.6 South America Grid-connected Microgrid Market Size and Prospect (2019-2030)
        1.6.7 Middle East and Africa Grid-connected Microgrid Market Size and Prospect (2019-2030)

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 (2019-2024)
        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 (2019-2024)
        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 (2019-2024)
        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 (2019-2024)
        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 (2019-2024)
        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 (2019-2024)
        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 (2019-2024)
        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 (2019-2024)
        2.8.5 Power Analytics Corporation Recent Developments and Future Plans
    2.9 Advanced Microgrid Solutions (AMS)
        2.9.1 Advanced Microgrid Solutions (AMS) Details
        2.9.2 Advanced Microgrid Solutions (AMS) Major Business
        2.9.3 Advanced Microgrid Solutions (AMS) Grid-connected Microgrid Product and Solutions
        2.9.4 Advanced Microgrid Solutions (AMS) Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.9.5 Advanced Microgrid Solutions (AMS) Recent Developments and Future Plans
    2.10 EnSync Energy Systems
        2.10.1 EnSync Energy Systems Details
        2.10.2 EnSync Energy Systems Major Business
        2.10.3 EnSync Energy Systems Grid-connected Microgrid Product and Solutions
        2.10.4 EnSync Energy Systems Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.10.5 EnSync Energy Systems Recent Developments and Future Plans
    2.11 Enel X
        2.11.1 Enel X Details
        2.11.2 Enel X Major Business
        2.11.3 Enel X Grid-connected Microgrid Product and Solutions
        2.11.4 Enel X Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.11.5 Enel X Recent Developments and Future Plans
    2.12 Ameresco
        2.12.1 Ameresco Details
        2.12.2 Ameresco Major Business
        2.12.3 Ameresco Grid-connected Microgrid Product and Solutions
        2.12.4 Ameresco Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.12.5 Ameresco Recent Developments and Future Plans
    2.13 NRG Energy
        2.13.1 NRG Energy Details
        2.13.2 NRG Energy Major Business
        2.13.3 NRG Energy Grid-connected Microgrid Product and Solutions
        2.13.4 NRG Energy Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.13.5 NRG Energy Recent Developments and Future Plans
    2.14 Duke Energy
        2.14.1 Duke Energy Details
        2.14.2 Duke Energy Major Business
        2.14.3 Duke Energy Grid-connected Microgrid Product and Solutions
        2.14.4 Duke Energy Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.14.5 Duke Energy Recent Developments and Future Plans
    2.15 Black & Veatch
        2.15.1 Black & Veatch Details
        2.15.2 Black & Veatch Major Business
        2.15.3 Black & Veatch Grid-connected Microgrid Product and Solutions
        2.15.4 Black & Veatch Grid-connected Microgrid Revenue, Gross Margin and Market Share (2019-2024)
        2.15.5 Black & Veatch Recent Developments and Future Plans

3 Market Competition, by Players
    3.1 Global Grid-connected Microgrid Revenue and Share by Players (2019-2024)
    3.2 Market Share Analysis (2023)
        3.2.1 Market Share of Grid-connected Microgrid by Company Revenue
        3.2.2 Top 3 Grid-connected Microgrid Players Market Share in 2023
        3.2.3 Top 6 Grid-connected Microgrid Players Market Share in 2023
    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 (2019-2024)
    4.2 Global Grid-connected Microgrid Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
    5.1 Global Grid-connected Microgrid Consumption Value Market Share by Application (2019-2024)
    5.2 Global Grid-connected Microgrid Market Forecast by Application (2025-2030)

6 North America
    6.1 North America Grid-connected Microgrid Consumption Value by Type (2019-2030)
    6.2 North America Grid-connected Microgrid Consumption Value by Application (2019-2030)
    6.3 North America Grid-connected Microgrid Market Size by Country
        6.3.1 North America Grid-connected Microgrid Consumption Value by Country (2019-2030)
        6.3.2 United States Grid-connected Microgrid Market Size and Forecast (2019-2030)
        6.3.3 Canada Grid-connected Microgrid Market Size and Forecast (2019-2030)
        6.3.4 Mexico Grid-connected Microgrid Market Size and Forecast (2019-2030)

7 Europe
    7.1 Europe Grid-connected Microgrid Consumption Value by Type (2019-2030)
    7.2 Europe Grid-connected Microgrid Consumption Value by Application (2019-2030)
    7.3 Europe Grid-connected Microgrid Market Size by Country
        7.3.1 Europe Grid-connected Microgrid Consumption Value by Country (2019-2030)
        7.3.2 Germany Grid-connected Microgrid Market Size and Forecast (2019-2030)
        7.3.3 France Grid-connected Microgrid Market Size and Forecast (2019-2030)
        7.3.4 United Kingdom Grid-connected Microgrid Market Size and Forecast (2019-2030)
        7.3.5 Russia Grid-connected Microgrid Market Size and Forecast (2019-2030)
        7.3.6 Italy Grid-connected Microgrid Market Size and Forecast (2019-2030)

8 Asia-Pacific
    8.1 Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2019-2030)
    8.2 Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2019-2030)
    8.3 Asia-Pacific Grid-connected Microgrid Market Size by Region
        8.3.1 Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2019-2030)
        8.3.2 China Grid-connected Microgrid Market Size and Forecast (2019-2030)
        8.3.3 Japan Grid-connected Microgrid Market Size and Forecast (2019-2030)
        8.3.4 South Korea Grid-connected Microgrid Market Size and Forecast (2019-2030)
        8.3.5 India Grid-connected Microgrid Market Size and Forecast (2019-2030)
        8.3.6 Southeast Asia Grid-connected Microgrid Market Size and Forecast (2019-2030)
        8.3.7 Australia Grid-connected Microgrid Market Size and Forecast (2019-2030)

9 South America
    9.1 South America Grid-connected Microgrid Consumption Value by Type (2019-2030)
    9.2 South America Grid-connected Microgrid Consumption Value by Application (2019-2030)
    9.3 South America Grid-connected Microgrid Market Size by Country
        9.3.1 South America Grid-connected Microgrid Consumption Value by Country (2019-2030)
        9.3.2 Brazil Grid-connected Microgrid Market Size and Forecast (2019-2030)
        9.3.3 Argentina Grid-connected Microgrid Market Size and Forecast (2019-2030)

10 Middle East & Africa
    10.1 Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2019-2030)
    10.2 Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2019-2030)
    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 (2019-2030)
        10.3.2 Turkey Grid-connected Microgrid Market Size and Forecast (2019-2030)
        10.3.3 Saudi Arabia Grid-connected Microgrid Market Size and Forecast (2019-2030)
        10.3.4 UAE Grid-connected Microgrid Market Size and Forecast (2019-2030)

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

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), 2019 & 2023 & 2030
    Table 2. Global Grid-connected Microgrid Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 3. Global Grid-connected Microgrid Consumption Value by Region (2019-2024) & (USD Million)
    Table 4. Global Grid-connected Microgrid Consumption Value by Region (2025-2030) & (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 (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    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 (2019-2024)
    Table 44. Power Analytics Corporation Recent Developments and Future Plans
    Table 45. Advanced Microgrid Solutions (AMS) Company Information, Head Office, and Major Competitors
    Table 46. Advanced Microgrid Solutions (AMS) Major Business
    Table 47. Advanced Microgrid Solutions (AMS) Grid-connected Microgrid Product and Solutions
    Table 48. Advanced Microgrid Solutions (AMS) Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 49. Advanced Microgrid Solutions (AMS) Recent Developments and Future Plans
    Table 50. EnSync Energy Systems Company Information, Head Office, and Major Competitors
    Table 51. EnSync Energy Systems Major Business
    Table 52. EnSync Energy Systems Grid-connected Microgrid Product and Solutions
    Table 53. EnSync Energy Systems Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 54. EnSync Energy Systems Recent Developments and Future Plans
    Table 55. Enel X Company Information, Head Office, and Major Competitors
    Table 56. Enel X Major Business
    Table 57. Enel X Grid-connected Microgrid Product and Solutions
    Table 58. Enel X Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 59. Enel X Recent Developments and Future Plans
    Table 60. Ameresco Company Information, Head Office, and Major Competitors
    Table 61. Ameresco Major Business
    Table 62. Ameresco Grid-connected Microgrid Product and Solutions
    Table 63. Ameresco Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 64. Ameresco Recent Developments and Future Plans
    Table 65. NRG Energy Company Information, Head Office, and Major Competitors
    Table 66. NRG Energy Major Business
    Table 67. NRG Energy Grid-connected Microgrid Product and Solutions
    Table 68. NRG Energy Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 69. NRG Energy Recent Developments and Future Plans
    Table 70. Duke Energy Company Information, Head Office, and Major Competitors
    Table 71. Duke Energy Major Business
    Table 72. Duke Energy Grid-connected Microgrid Product and Solutions
    Table 73. Duke Energy Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 74. Duke Energy Recent Developments and Future Plans
    Table 75. Black & Veatch Company Information, Head Office, and Major Competitors
    Table 76. Black & Veatch Major Business
    Table 77. Black & Veatch Grid-connected Microgrid Product and Solutions
    Table 78. Black & Veatch Grid-connected Microgrid Revenue (USD Million), Gross Margin and Market Share (2019-2024)
    Table 79. Black & Veatch Recent Developments and Future Plans
    Table 80. Global Grid-connected Microgrid Revenue (USD Million) by Players (2019-2024)
    Table 81. Global Grid-connected Microgrid Revenue Share by Players (2019-2024)
    Table 82. Breakdown of Grid-connected Microgrid by Company Type (Tier 1, Tier 2, and Tier 3)
    Table 83. Market Position of Players in Grid-connected Microgrid, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
    Table 84. Head Office of Key Grid-connected Microgrid Players
    Table 85. Grid-connected Microgrid Market: Company Product Type Footprint
    Table 86. Grid-connected Microgrid Market: Company Product Application Footprint
    Table 87. Grid-connected Microgrid New Market Entrants and Barriers to Market Entry
    Table 88. Grid-connected Microgrid Mergers, Acquisition, Agreements, and Collaborations
    Table 89. Global Grid-connected Microgrid Consumption Value (USD Million) by Type (2019-2024)
    Table 90. Global Grid-connected Microgrid Consumption Value Share by Type (2019-2024)
    Table 91. Global Grid-connected Microgrid Consumption Value Forecast by Type (2025-2030)
    Table 92. Global Grid-connected Microgrid Consumption Value by Application (2019-2024)
    Table 93. Global Grid-connected Microgrid Consumption Value Forecast by Application (2025-2030)
    Table 94. North America Grid-connected Microgrid Consumption Value by Type (2019-2024) & (USD Million)
    Table 95. North America Grid-connected Microgrid Consumption Value by Type (2025-2030) & (USD Million)
    Table 96. North America Grid-connected Microgrid Consumption Value by Application (2019-2024) & (USD Million)
    Table 97. North America Grid-connected Microgrid Consumption Value by Application (2025-2030) & (USD Million)
    Table 98. North America Grid-connected Microgrid Consumption Value by Country (2019-2024) & (USD Million)
    Table 99. North America Grid-connected Microgrid Consumption Value by Country (2025-2030) & (USD Million)
    Table 100. Europe Grid-connected Microgrid Consumption Value by Type (2019-2024) & (USD Million)
    Table 101. Europe Grid-connected Microgrid Consumption Value by Type (2025-2030) & (USD Million)
    Table 102. Europe Grid-connected Microgrid Consumption Value by Application (2019-2024) & (USD Million)
    Table 103. Europe Grid-connected Microgrid Consumption Value by Application (2025-2030) & (USD Million)
    Table 104. Europe Grid-connected Microgrid Consumption Value by Country (2019-2024) & (USD Million)
    Table 105. Europe Grid-connected Microgrid Consumption Value by Country (2025-2030) & (USD Million)
    Table 106. Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2019-2024) & (USD Million)
    Table 107. Asia-Pacific Grid-connected Microgrid Consumption Value by Type (2025-2030) & (USD Million)
    Table 108. Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2019-2024) & (USD Million)
    Table 109. Asia-Pacific Grid-connected Microgrid Consumption Value by Application (2025-2030) & (USD Million)
    Table 110. Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2019-2024) & (USD Million)
    Table 111. Asia-Pacific Grid-connected Microgrid Consumption Value by Region (2025-2030) & (USD Million)
    Table 112. South America Grid-connected Microgrid Consumption Value by Type (2019-2024) & (USD Million)
    Table 113. South America Grid-connected Microgrid Consumption Value by Type (2025-2030) & (USD Million)
    Table 114. South America Grid-connected Microgrid Consumption Value by Application (2019-2024) & (USD Million)
    Table 115. South America Grid-connected Microgrid Consumption Value by Application (2025-2030) & (USD Million)
    Table 116. South America Grid-connected Microgrid Consumption Value by Country (2019-2024) & (USD Million)
    Table 117. South America Grid-connected Microgrid Consumption Value by Country (2025-2030) & (USD Million)
    Table 118. Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2019-2024) & (USD Million)
    Table 119. Middle East & Africa Grid-connected Microgrid Consumption Value by Type (2025-2030) & (USD Million)
    Table 120. Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2019-2024) & (USD Million)
    Table 121. Middle East & Africa Grid-connected Microgrid Consumption Value by Application (2025-2030) & (USD Million)
    Table 122. Middle East & Africa Grid-connected Microgrid Consumption Value by Country (2019-2024) & (USD Million)
    Table 123. Middle East & Africa Grid-connected Microgrid Consumption Value by Country (2025-2030) & (USD Million)
    Table 124. Grid-connected Microgrid Raw Material
    Table 125. 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), 2019 & 2023 & 2030
    Figure 3. Global Grid-connected Microgrid Consumption Value Market Share by Type in 2023
    Figure 4. AC Microgrid
    Figure 5. DC Microgrid
    Figure 6. Hybrid Microgrid
    Figure 7. Global Grid-connected Microgrid Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 8. Grid-connected Microgrid Consumption Value Market Share by Application in 2023
    Figure 9. Business & Industry Picture
    Figure 10. Government Organizations Picture
    Figure 11. Public Utilities Picture
    Figure 12. Utilities Picture
    Figure 13. Military Picture
    Figure 14. Healthcare Picture
    Figure 15. Others Picture
    Figure 16. Global Grid-connected Microgrid Consumption Value, (USD Million): 2019 & 2023 & 2030
    Figure 17. Global Grid-connected Microgrid Consumption Value and Forecast (2019-2030) & (USD Million)
    Figure 18. Global Market Grid-connected Microgrid Consumption Value (USD Million) Comparison by Region (2019 & 2023 & 2030)
    Figure 19. Global Grid-connected Microgrid Consumption Value Market Share by Region (2019-2030)
    Figure 20. Global Grid-connected Microgrid Consumption Value Market Share by Region in 2023
    Figure 21. North America Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 22. Europe Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 23. Asia-Pacific Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 24. South America Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 25. Middle East and Africa Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 26. Global Grid-connected Microgrid Revenue Share by Players in 2023
    Figure 27. Grid-connected Microgrid Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2023
    Figure 28. Global Top 3 Players Grid-connected Microgrid Market Share in 2023
    Figure 29. Global Top 6 Players Grid-connected Microgrid Market Share in 2023
    Figure 30. Global Grid-connected Microgrid Consumption Value Share by Type (2019-2024)
    Figure 31. Global Grid-connected Microgrid Market Share Forecast by Type (2025-2030)
    Figure 32. Global Grid-connected Microgrid Consumption Value Share by Application (2019-2024)
    Figure 33. Global Grid-connected Microgrid Market Share Forecast by Application (2025-2030)
    Figure 34. North America Grid-connected Microgrid Consumption Value Market Share by Type (2019-2030)
    Figure 35. North America Grid-connected Microgrid Consumption Value Market Share by Application (2019-2030)
    Figure 36. North America Grid-connected Microgrid Consumption Value Market Share by Country (2019-2030)
    Figure 37. United States Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 38. Canada Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 39. Mexico Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 40. Europe Grid-connected Microgrid Consumption Value Market Share by Type (2019-2030)
    Figure 41. Europe Grid-connected Microgrid Consumption Value Market Share by Application (2019-2030)
    Figure 42. Europe Grid-connected Microgrid Consumption Value Market Share by Country (2019-2030)
    Figure 43. Germany Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 44. France Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 45. United Kingdom Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 46. Russia Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 47. Italy Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 48. Asia-Pacific Grid-connected Microgrid Consumption Value Market Share by Type (2019-2030)
    Figure 49. Asia-Pacific Grid-connected Microgrid Consumption Value Market Share by Application (2019-2030)
    Figure 50. Asia-Pacific Grid-connected Microgrid Consumption Value Market Share by Region (2019-2030)
    Figure 51. China Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 52. Japan Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 53. South Korea Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 54. India Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 55. Southeast Asia Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 56. Australia Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 57. South America Grid-connected Microgrid Consumption Value Market Share by Type (2019-2030)
    Figure 58. South America Grid-connected Microgrid Consumption Value Market Share by Application (2019-2030)
    Figure 59. South America Grid-connected Microgrid Consumption Value Market Share by Country (2019-2030)
    Figure 60. Brazil Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 61. Argentina Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 62. Middle East and Africa Grid-connected Microgrid Consumption Value Market Share by Type (2019-2030)
    Figure 63. Middle East and Africa Grid-connected Microgrid Consumption Value Market Share by Application (2019-2030)
    Figure 64. Middle East and Africa Grid-connected Microgrid Consumption Value Market Share by Country (2019-2030)
    Figure 65. Turkey Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 66. Saudi Arabia Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 67. UAE Grid-connected Microgrid Consumption Value (2019-2030) & (USD Million)
    Figure 68. Grid-connected Microgrid Market Drivers
    Figure 69. Grid-connected Microgrid Market Restraints
    Figure 70. Grid-connected Microgrid Market Trends
    Figure 71. Porters Five Forces Analysis
    Figure 72. Manufacturing Cost Structure Analysis of Grid-connected Microgrid in 2023
    Figure 73. Manufacturing Process Analysis of Grid-connected Microgrid
    Figure 74. Grid-connected Microgrid Industrial Chain
    Figure 75. Methodology
    Figure 76. 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
Advanced Microgrid Solutions (AMS)
EnSync Energy Systems
Enel X
Ameresco
NRG Energy
Duke Energy
Black & Veatch

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Grid-connected Microgrid

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