Global Microgrid Technology Supply, Demand and Key Producers, 2024-2030

Global Microgrid Technology Supply, Demand and Key Producers, 2024-2030

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Published Date: 09 Feb 2024

Category: Service & Software

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Microgrid Technology market size is expected to reach $ 48320 million by 2030, rising at a market growth of 13.3% CAGR during the forecast period (2024-2030).

Global Microgrid Technology main players are ABB, GE, Echelon, NEC , Aquion Energy, etc. Global top five manufacturers hold a share over 25%. North America is the largest market, with a share nearly 45%.

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.

This report studies the global Microgrid Technology demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Microgrid Technology, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Microgrid Technology that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Microgrid Technology total market, 2019-2030, (USD Million)
Global Microgrid Technology total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Microgrid Technology total market, key domestic companies and share, (USD Million)
Global Microgrid Technology revenue by player and market share 2019-2024, (USD Million)
Global Microgrid Technology total market by Type, CAGR, 2019-2030, (USD Million)
Global Microgrid Technology total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Microgrid Technology market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, GE, Echelon, S&C Electric, Siemens, General Microgrids, Microgrid Solar, Raytheon and Sunverge Energy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Microgrid Technology market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Microgrid Technology Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Microgrid Technology Market, Segmentation by Type
Grid-Tied Type Microgrid
Independent Type Microgrid

Global Microgrid Technology Market, Segmentation by Application
Commercial/Industrial
Community/Utility
Campus/Institutional
Military
Remote
Others

Companies Profiled:
ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae

Key Questions Answered
1. How big is the global Microgrid Technology market?
2. What is the demand of the global Microgrid Technology market?
3. What is the year over year growth of the global Microgrid Technology market?
4. What is the total value of the global Microgrid Technology market?
5. Who are the major players in the global Microgrid Technology market?
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Table of Contents

1 Supply Summary
1.1 Microgrid Technology Introduction
1.2 World Microgrid Technology Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Microgrid Technology Total Market by Region (by Headquarter Location)
1.3.1 World Microgrid Technology Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Microgrid Technology Market Size (2019-2030)
1.3.3 China Microgrid Technology Market Size (2019-2030)
1.3.4 Europe Microgrid Technology Market Size (2019-2030)
1.3.5 Japan Microgrid Technology Market Size (2019-2030)
1.3.6 South Korea Microgrid Technology Market Size (2019-2030)
1.3.7 ASEAN Microgrid Technology Market Size (2019-2030)
1.3.8 India Microgrid Technology Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Microgrid Technology Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Microgrid Technology Major Market Trends

2 Demand Summary
2.1 World Microgrid Technology Consumption Value (2019-2030)
2.2 World Microgrid Technology Consumption Value by Region
2.2.1 World Microgrid Technology Consumption Value by Region (2019-2024)
2.2.2 World Microgrid Technology Consumption Value Forecast by Region (2025-2030)
2.3 United States Microgrid Technology Consumption Value (2019-2030)
2.4 China Microgrid Technology Consumption Value (2019-2030)
2.5 Europe Microgrid Technology Consumption Value (2019-2030)
2.6 Japan Microgrid Technology Consumption Value (2019-2030)
2.7 South Korea Microgrid Technology Consumption Value (2019-2030)
2.8 ASEAN Microgrid Technology Consumption Value (2019-2030)
2.9 India Microgrid Technology Consumption Value (2019-2030)

3 World Microgrid Technology Companies Competitive Analysis
3.1 World Microgrid Technology Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Microgrid Technology Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Microgrid Technology in 2023
3.2.3 Global Concentration Ratios (CR8) for Microgrid Technology in 2023
3.3 Microgrid Technology Company Evaluation Quadrant
3.4 Microgrid Technology Market: Overall Company Footprint Analysis
3.4.1 Microgrid Technology Market: Region Footprint
3.4.2 Microgrid Technology Market: Company Product Type Footprint
3.4.3 Microgrid Technology Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Microgrid Technology Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Microgrid Technology Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Microgrid Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Microgrid Technology Consumption Value Comparison
4.2.1 United States VS China: Microgrid Technology Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Microgrid Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Microgrid Technology Companies and Market Share, 2019-2024
4.3.1 United States Based Microgrid Technology Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Microgrid Technology Revenue, (2019-2024)
4.4 China Based Companies Microgrid Technology Revenue and Market Share, 2019-2024
4.4.1 China Based Microgrid Technology Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Microgrid Technology Revenue, (2019-2024)
4.5 Rest of World Based Microgrid Technology Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Microgrid Technology Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Microgrid Technology Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World Microgrid Technology Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Grid-Tied Type Microgrid
5.2.2 Independent Type Microgrid
5.3 Market Segment by Type
5.3.1 World Microgrid Technology Market Size by Type (2019-2024)
5.3.2 World Microgrid Technology Market Size by Type (2025-2030)
5.3.3 World Microgrid Technology Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World Microgrid Technology Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Commercial/Industrial
6.2.2 Community/Utility
6.2.3 Campus/Institutional
6.2.4 Military
6.2.5 Military
6.2.6 Others
6.3 Market Segment by Application
6.3.1 World Microgrid Technology Market Size by Application (2019-2024)
6.3.2 World Microgrid Technology Market Size by Application (2025-2030)
6.3.3 World Microgrid Technology Market Size by Application (2019-2030)

7 Company Profiles
7.1 ABB
7.1.1 ABB Details
7.1.2 ABB Major Business
7.1.3 ABB Microgrid Technology Product and Services
7.1.4 ABB Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 ABB Recent Developments/Updates
7.1.6 ABB Competitive Strengths & Weaknesses
7.2 GE
7.2.1 GE Details
7.2.2 GE Major Business
7.2.3 GE Microgrid Technology Product and Services
7.2.4 GE Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 GE Recent Developments/Updates
7.2.6 GE Competitive Strengths & Weaknesses
7.3 Echelon
7.3.1 Echelon Details
7.3.2 Echelon Major Business
7.3.3 Echelon Microgrid Technology Product and Services
7.3.4 Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Echelon Recent Developments/Updates
7.3.6 Echelon Competitive Strengths & Weaknesses
7.4 S&C Electric
7.4.1 S&C Electric Details
7.4.2 S&C Electric Major Business
7.4.3 S&C Electric Microgrid Technology Product and Services
7.4.4 S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 S&C Electric Recent Developments/Updates
7.4.6 S&C Electric Competitive Strengths & Weaknesses
7.5 Siemens
7.5.1 Siemens Details
7.5.2 Siemens Major Business
7.5.3 Siemens Microgrid Technology Product and Services
7.5.4 Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Siemens Recent Developments/Updates
7.5.6 Siemens Competitive Strengths & Weaknesses
7.6 General Microgrids
7.6.1 General Microgrids Details
7.6.2 General Microgrids Major Business
7.6.3 General Microgrids Microgrid Technology Product and Services
7.6.4 General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 General Microgrids Recent Developments/Updates
7.6.6 General Microgrids Competitive Strengths & Weaknesses
7.7 Microgrid Solar
7.7.1 Microgrid Solar Details
7.7.2 Microgrid Solar Major Business
7.7.3 Microgrid Solar Microgrid Technology Product and Services
7.7.4 Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Microgrid Solar Recent Developments/Updates
7.7.6 Microgrid Solar Competitive Strengths & Weaknesses
7.8 Raytheon
7.8.1 Raytheon Details
7.8.2 Raytheon Major Business
7.8.3 Raytheon Microgrid Technology Product and Services
7.8.4 Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Raytheon Recent Developments/Updates
7.8.6 Raytheon Competitive Strengths & Weaknesses
7.9 Sunverge Energy
7.9.1 Sunverge Energy Details
7.9.2 Sunverge Energy Major Business
7.9.3 Sunverge Energy Microgrid Technology Product and Services
7.9.4 Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Sunverge Energy Recent Developments/Updates
7.9.6 Sunverge Energy Competitive Strengths & Weaknesses
7.10 Toshiba
7.10.1 Toshiba Details
7.10.2 Toshiba Major Business
7.10.3 Toshiba Microgrid Technology Product and Services
7.10.4 Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Toshiba Recent Developments/Updates
7.10.6 Toshiba Competitive Strengths & Weaknesses
7.11 NEC
7.11.1 NEC Details
7.11.2 NEC Major Business
7.11.3 NEC Microgrid Technology Product and Services
7.11.4 NEC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 NEC Recent Developments/Updates
7.11.6 NEC Competitive Strengths & Weaknesses
7.12 Aquion Energy
7.12.1 Aquion Energy Details
7.12.2 Aquion Energy Major Business
7.12.3 Aquion Energy Microgrid Technology Product and Services
7.12.4 Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Aquion Energy Recent Developments/Updates
7.12.6 Aquion Energy Competitive Strengths & Weaknesses
7.13 EnStorage
7.13.1 EnStorage Details
7.13.2 EnStorage Major Business
7.13.3 EnStorage Microgrid Technology Product and Services
7.13.4 EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 EnStorage Recent Developments/Updates
7.13.6 EnStorage Competitive Strengths & Weaknesses
7.14 SGCC
7.14.1 SGCC Details
7.14.2 SGCC Major Business
7.14.3 SGCC Microgrid Technology Product and Services
7.14.4 SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 SGCC Recent Developments/Updates
7.14.6 SGCC Competitive Strengths & Weaknesses
7.15 Moixa
7.15.1 Moixa Details
7.15.2 Moixa Major Business
7.15.3 Moixa Microgrid Technology Product and Services
7.15.4 Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 Moixa Recent Developments/Updates
7.15.6 Moixa Competitive Strengths & Weaknesses
7.16 EnSync
7.16.1 EnSync Details
7.16.2 EnSync Major Business
7.16.3 EnSync Microgrid Technology Product and Services
7.16.4 EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.16.5 EnSync Recent Developments/Updates
7.16.6 EnSync Competitive Strengths & Weaknesses
7.17 Ampard
7.17.1 Ampard Details
7.17.2 Ampard Major Business
7.17.3 Ampard Microgrid Technology Product and Services
7.17.4 Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.17.5 Ampard Recent Developments/Updates
7.17.6 Ampard Competitive Strengths & Weaknesses
7.18 Green Energy Corp
7.18.1 Green Energy Corp Details
7.18.2 Green Energy Corp Major Business
7.18.3 Green Energy Corp Microgrid Technology Product and Services
7.18.4 Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.18.5 Green Energy Corp Recent Developments/Updates
7.18.6 Green Energy Corp Competitive Strengths & Weaknesses
7.19 Growing Energy Labs Inc
7.19.1 Growing Energy Labs Inc Details
7.19.2 Growing Energy Labs Inc Major Business
7.19.3 Growing Energy Labs Inc Microgrid Technology Product and Services
7.19.4 Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.19.5 Growing Energy Labs Inc Recent Developments/Updates
7.19.6 Growing Energy Labs Inc Competitive Strengths & Weaknesses
7.20 HOMER Energy
7.20.1 HOMER Energy Details
7.20.2 HOMER Energy Major Business
7.20.3 HOMER Energy Microgrid Technology Product and Services
7.20.4 HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.20.5 HOMER Energy Recent Developments/Updates
7.20.6 HOMER Energy Competitive Strengths & Weaknesses
7.21 Spirae
7.21.1 Spirae Details
7.21.2 Spirae Major Business
7.21.3 Spirae Microgrid Technology Product and Services
7.21.4 Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.21.5 Spirae Recent Developments/Updates
7.21.6 Spirae Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Microgrid Technology Industry Chain
8.2 Microgrid Technology Upstream Analysis
8.3 Microgrid Technology Midstream Analysis
8.4 Microgrid Technology Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Microgrid Technology Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Microgrid Technology Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Microgrid Technology Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Microgrid Technology Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Microgrid Technology Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Microgrid Technology Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Microgrid Technology Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Microgrid Technology Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Microgrid Technology Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Microgrid Technology Players in 2023
Table 12. World Microgrid Technology Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Microgrid Technology Company Evaluation Quadrant
Table 14. Head Office of Key Microgrid Technology Player
Table 15. Microgrid Technology Market: Company Product Type Footprint
Table 16. Microgrid Technology Market: Company Product Application Footprint
Table 17. Microgrid Technology Mergers & Acquisitions Activity
Table 18. United States VS China Microgrid Technology Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Microgrid Technology Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Microgrid Technology Companies, Headquarters (States, Country)
Table 21. United States Based Companies Microgrid Technology Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Microgrid Technology Revenue Market Share (2019-2024)
Table 23. China Based Microgrid Technology Companies, Headquarters (Province, Country)
Table 24. China Based Companies Microgrid Technology Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Microgrid Technology Revenue Market Share (2019-2024)
Table 26. Rest of World Based Microgrid Technology Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Microgrid Technology Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Microgrid Technology Revenue Market Share (2019-2024)
Table 29. World Microgrid Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Microgrid Technology Market Size by Type (2019-2024) & (USD Million)
Table 31. World Microgrid Technology Market Size by Type (2025-2030) & (USD Million)
Table 32. World Microgrid Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Microgrid Technology Market Size by Application (2019-2024) & (USD Million)
Table 34. World Microgrid Technology Market Size by Application (2025-2030) & (USD Million)
Table 35. ABB Basic Information, Area Served and Competitors
Table 36. ABB Major Business
Table 37. ABB Microgrid Technology Product and Services
Table 38. ABB Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. ABB Recent Developments/Updates
Table 40. ABB Competitive Strengths & Weaknesses
Table 41. GE Basic Information, Area Served and Competitors
Table 42. GE Major Business
Table 43. GE Microgrid Technology Product and Services
Table 44. GE Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. GE Recent Developments/Updates
Table 46. GE Competitive Strengths & Weaknesses
Table 47. Echelon Basic Information, Area Served and Competitors
Table 48. Echelon Major Business
Table 49. Echelon Microgrid Technology Product and Services
Table 50. Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Echelon Recent Developments/Updates
Table 52. Echelon Competitive Strengths & Weaknesses
Table 53. S&C Electric Basic Information, Area Served and Competitors
Table 54. S&C Electric Major Business
Table 55. S&C Electric Microgrid Technology Product and Services
Table 56. S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. S&C Electric Recent Developments/Updates
Table 58. S&C Electric Competitive Strengths & Weaknesses
Table 59. Siemens Basic Information, Area Served and Competitors
Table 60. Siemens Major Business
Table 61. Siemens Microgrid Technology Product and Services
Table 62. Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Siemens Recent Developments/Updates
Table 64. Siemens Competitive Strengths & Weaknesses
Table 65. General Microgrids Basic Information, Area Served and Competitors
Table 66. General Microgrids Major Business
Table 67. General Microgrids Microgrid Technology Product and Services
Table 68. General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. General Microgrids Recent Developments/Updates
Table 70. General Microgrids Competitive Strengths & Weaknesses
Table 71. Microgrid Solar Basic Information, Area Served and Competitors
Table 72. Microgrid Solar Major Business
Table 73. Microgrid Solar Microgrid Technology Product and Services
Table 74. Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Microgrid Solar Recent Developments/Updates
Table 76. Microgrid Solar Competitive Strengths & Weaknesses
Table 77. Raytheon Basic Information, Area Served and Competitors
Table 78. Raytheon Major Business
Table 79. Raytheon Microgrid Technology Product and Services
Table 80. Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Raytheon Recent Developments/Updates
Table 82. Raytheon Competitive Strengths & Weaknesses
Table 83. Sunverge Energy Basic Information, Area Served and Competitors
Table 84. Sunverge Energy Major Business
Table 85. Sunverge Energy Microgrid Technology Product and Services
Table 86. Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Sunverge Energy Recent Developments/Updates
Table 88. Sunverge Energy Competitive Strengths & Weaknesses
Table 89. Toshiba Basic Information, Area Served and Competitors
Table 90. Toshiba Major Business
Table 91. Toshiba Microgrid Technology Product and Services
Table 92. Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Toshiba Recent Developments/Updates
Table 94. Toshiba Competitive Strengths & Weaknesses
Table 95. NEC Basic Information, Area Served and Competitors
Table 96. NEC Major Business
Table 97. NEC Microgrid Technology Product and Services
Table 98. NEC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. NEC Recent Developments/Updates
Table 100. NEC Competitive Strengths & Weaknesses
Table 101. Aquion Energy Basic Information, Area Served and Competitors
Table 102. Aquion Energy Major Business
Table 103. Aquion Energy Microgrid Technology Product and Services
Table 104. Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. Aquion Energy Recent Developments/Updates
Table 106. Aquion Energy Competitive Strengths & Weaknesses
Table 107. EnStorage Basic Information, Area Served and Competitors
Table 108. EnStorage Major Business
Table 109. EnStorage Microgrid Technology Product and Services
Table 110. EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. EnStorage Recent Developments/Updates
Table 112. EnStorage Competitive Strengths & Weaknesses
Table 113. SGCC Basic Information, Area Served and Competitors
Table 114. SGCC Major Business
Table 115. SGCC Microgrid Technology Product and Services
Table 116. SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. SGCC Recent Developments/Updates
Table 118. SGCC Competitive Strengths & Weaknesses
Table 119. Moixa Basic Information, Area Served and Competitors
Table 120. Moixa Major Business
Table 121. Moixa Microgrid Technology Product and Services
Table 122. Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 123. Moixa Recent Developments/Updates
Table 124. Moixa Competitive Strengths & Weaknesses
Table 125. EnSync Basic Information, Area Served and Competitors
Table 126. EnSync Major Business
Table 127. EnSync Microgrid Technology Product and Services
Table 128. EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 129. EnSync Recent Developments/Updates
Table 130. EnSync Competitive Strengths & Weaknesses
Table 131. Ampard Basic Information, Area Served and Competitors
Table 132. Ampard Major Business
Table 133. Ampard Microgrid Technology Product and Services
Table 134. Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 135. Ampard Recent Developments/Updates
Table 136. Ampard Competitive Strengths & Weaknesses
Table 137. Green Energy Corp Basic Information, Area Served and Competitors
Table 138. Green Energy Corp Major Business
Table 139. Green Energy Corp Microgrid Technology Product and Services
Table 140. Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 141. Green Energy Corp Recent Developments/Updates
Table 142. Green Energy Corp Competitive Strengths & Weaknesses
Table 143. Growing Energy Labs Inc Basic Information, Area Served and Competitors
Table 144. Growing Energy Labs Inc Major Business
Table 145. Growing Energy Labs Inc Microgrid Technology Product and Services
Table 146. Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 147. Growing Energy Labs Inc Recent Developments/Updates
Table 148. Growing Energy Labs Inc Competitive Strengths & Weaknesses
Table 149. HOMER Energy Basic Information, Area Served and Competitors
Table 150. HOMER Energy Major Business
Table 151. HOMER Energy Microgrid Technology Product and Services
Table 152. HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 153. HOMER Energy Recent Developments/Updates
Table 154. Spirae Basic Information, Area Served and Competitors
Table 155. Spirae Major Business
Table 156. Spirae Microgrid Technology Product and Services
Table 157. Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 158. Global Key Players of Microgrid Technology Upstream (Raw Materials)
Table 159. Microgrid Technology Typical Customers
List of Figure
Figure 1. Microgrid Technology Picture
Figure 2. World Microgrid Technology Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Microgrid Technology Total Market Size (2019-2030) & (USD Million)
Figure 4. World Microgrid Technology Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Microgrid Technology Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 13. Microgrid Technology Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 16. World Microgrid Technology Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 18. China Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 23. India Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Microgrid Technology by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Microgrid Technology Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Microgrid Technology Markets in 2023
Figure 27. United States VS China: Microgrid Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Microgrid Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Microgrid Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Microgrid Technology Market Size Market Share by Type in 2023
Figure 31. Grid-Tied Type Microgrid
Figure 32. Independent Type Microgrid
Figure 33. World Microgrid Technology Market Size Market Share by Type (2019-2030)
Figure 34. World Microgrid Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Microgrid Technology Market Size Market Share by Application in 2023
Figure 36. Commercial/Industrial
Figure 37. Community/Utility
Figure 38. Campus/Institutional
Figure 39. Military
Figure 40. Remote
Figure 41. Others
Figure 42. Microgrid Technology Industrial Chain
Figure 43. Methodology
Figure 44. Research Process and Data Source
btl

Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

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

yuan2

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

yuan2

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

yuan2

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

tuBiao1

Data Source

yuan2

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

yuan2

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

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    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.

  • yuan01
    liuCheng01

    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.

  • yuan01
    liuCheng01

    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.

  • yuan01
    liuCheng01

    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.

  • yuan01
    liuCheng01

    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.

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Companies Mentioned

ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae
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Global Microgrid Technology Supply, Demand and Key Producers, 2024-2030

Global Microgrid Technology Supply, Demand and Key Producers, 2024-2030

Page: 160

Published Date: 09 Feb 2024

Category: Service & Software

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Description

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Description

The global Microgrid Technology market size is expected to reach $ 48320 million by 2030, rising at a market growth of 13.3% CAGR during the forecast period (2024-2030).

Global Microgrid Technology main players are ABB, GE, Echelon, NEC , Aquion Energy, etc. Global top five manufacturers hold a share over 25%. North America is the largest market, with a share nearly 45%.

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.

This report studies the global Microgrid Technology demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Microgrid Technology, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Microgrid Technology that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Microgrid Technology total market, 2019-2030, (USD Million)
Global Microgrid Technology total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Microgrid Technology total market, key domestic companies and share, (USD Million)
Global Microgrid Technology revenue by player and market share 2019-2024, (USD Million)
Global Microgrid Technology total market by Type, CAGR, 2019-2030, (USD Million)
Global Microgrid Technology total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Microgrid Technology market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, GE, Echelon, S&C Electric, Siemens, General Microgrids, Microgrid Solar, Raytheon and Sunverge Energy, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Microgrid Technology market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Microgrid Technology Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Microgrid Technology Market, Segmentation by Type
Grid-Tied Type Microgrid
Independent Type Microgrid

Global Microgrid Technology Market, Segmentation by Application
Commercial/Industrial
Community/Utility
Campus/Institutional
Military
Remote
Others

Companies Profiled:
ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae

Key Questions Answered
1. How big is the global Microgrid Technology market?
2. What is the demand of the global Microgrid Technology market?
3. What is the year over year growth of the global Microgrid Technology market?
4. What is the total value of the global Microgrid Technology market?
5. Who are the major players in the global Microgrid Technology market?
btl

Table of Contents

1 Supply Summary
1.1 Microgrid Technology Introduction
1.2 World Microgrid Technology Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Microgrid Technology Total Market by Region (by Headquarter Location)
1.3.1 World Microgrid Technology Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Microgrid Technology Market Size (2019-2030)
1.3.3 China Microgrid Technology Market Size (2019-2030)
1.3.4 Europe Microgrid Technology Market Size (2019-2030)
1.3.5 Japan Microgrid Technology Market Size (2019-2030)
1.3.6 South Korea Microgrid Technology Market Size (2019-2030)
1.3.7 ASEAN Microgrid Technology Market Size (2019-2030)
1.3.8 India Microgrid Technology Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Microgrid Technology Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Microgrid Technology Major Market Trends

2 Demand Summary
2.1 World Microgrid Technology Consumption Value (2019-2030)
2.2 World Microgrid Technology Consumption Value by Region
2.2.1 World Microgrid Technology Consumption Value by Region (2019-2024)
2.2.2 World Microgrid Technology Consumption Value Forecast by Region (2025-2030)
2.3 United States Microgrid Technology Consumption Value (2019-2030)
2.4 China Microgrid Technology Consumption Value (2019-2030)
2.5 Europe Microgrid Technology Consumption Value (2019-2030)
2.6 Japan Microgrid Technology Consumption Value (2019-2030)
2.7 South Korea Microgrid Technology Consumption Value (2019-2030)
2.8 ASEAN Microgrid Technology Consumption Value (2019-2030)
2.9 India Microgrid Technology Consumption Value (2019-2030)

3 World Microgrid Technology Companies Competitive Analysis
3.1 World Microgrid Technology Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Microgrid Technology Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Microgrid Technology in 2023
3.2.3 Global Concentration Ratios (CR8) for Microgrid Technology in 2023
3.3 Microgrid Technology Company Evaluation Quadrant
3.4 Microgrid Technology Market: Overall Company Footprint Analysis
3.4.1 Microgrid Technology Market: Region Footprint
3.4.2 Microgrid Technology Market: Company Product Type Footprint
3.4.3 Microgrid Technology Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
4.1 United States VS China: Microgrid Technology Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Microgrid Technology Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Microgrid Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Microgrid Technology Consumption Value Comparison
4.2.1 United States VS China: Microgrid Technology Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Microgrid Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Microgrid Technology Companies and Market Share, 2019-2024
4.3.1 United States Based Microgrid Technology Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Microgrid Technology Revenue, (2019-2024)
4.4 China Based Companies Microgrid Technology Revenue and Market Share, 2019-2024
4.4.1 China Based Microgrid Technology Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Microgrid Technology Revenue, (2019-2024)
4.5 Rest of World Based Microgrid Technology Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Microgrid Technology Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Microgrid Technology Revenue, (2019-2024)

5 Market Analysis by Type
5.1 World Microgrid Technology Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Grid-Tied Type Microgrid
5.2.2 Independent Type Microgrid
5.3 Market Segment by Type
5.3.1 World Microgrid Technology Market Size by Type (2019-2024)
5.3.2 World Microgrid Technology Market Size by Type (2025-2030)
5.3.3 World Microgrid Technology Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
6.1 World Microgrid Technology Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Commercial/Industrial
6.2.2 Community/Utility
6.2.3 Campus/Institutional
6.2.4 Military
6.2.5 Military
6.2.6 Others
6.3 Market Segment by Application
6.3.1 World Microgrid Technology Market Size by Application (2019-2024)
6.3.2 World Microgrid Technology Market Size by Application (2025-2030)
6.3.3 World Microgrid Technology Market Size by Application (2019-2030)

7 Company Profiles
7.1 ABB
7.1.1 ABB Details
7.1.2 ABB Major Business
7.1.3 ABB Microgrid Technology Product and Services
7.1.4 ABB Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 ABB Recent Developments/Updates
7.1.6 ABB Competitive Strengths & Weaknesses
7.2 GE
7.2.1 GE Details
7.2.2 GE Major Business
7.2.3 GE Microgrid Technology Product and Services
7.2.4 GE Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 GE Recent Developments/Updates
7.2.6 GE Competitive Strengths & Weaknesses
7.3 Echelon
7.3.1 Echelon Details
7.3.2 Echelon Major Business
7.3.3 Echelon Microgrid Technology Product and Services
7.3.4 Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Echelon Recent Developments/Updates
7.3.6 Echelon Competitive Strengths & Weaknesses
7.4 S&C Electric
7.4.1 S&C Electric Details
7.4.2 S&C Electric Major Business
7.4.3 S&C Electric Microgrid Technology Product and Services
7.4.4 S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 S&C Electric Recent Developments/Updates
7.4.6 S&C Electric Competitive Strengths & Weaknesses
7.5 Siemens
7.5.1 Siemens Details
7.5.2 Siemens Major Business
7.5.3 Siemens Microgrid Technology Product and Services
7.5.4 Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Siemens Recent Developments/Updates
7.5.6 Siemens Competitive Strengths & Weaknesses
7.6 General Microgrids
7.6.1 General Microgrids Details
7.6.2 General Microgrids Major Business
7.6.3 General Microgrids Microgrid Technology Product and Services
7.6.4 General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 General Microgrids Recent Developments/Updates
7.6.6 General Microgrids Competitive Strengths & Weaknesses
7.7 Microgrid Solar
7.7.1 Microgrid Solar Details
7.7.2 Microgrid Solar Major Business
7.7.3 Microgrid Solar Microgrid Technology Product and Services
7.7.4 Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Microgrid Solar Recent Developments/Updates
7.7.6 Microgrid Solar Competitive Strengths & Weaknesses
7.8 Raytheon
7.8.1 Raytheon Details
7.8.2 Raytheon Major Business
7.8.3 Raytheon Microgrid Technology Product and Services
7.8.4 Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Raytheon Recent Developments/Updates
7.8.6 Raytheon Competitive Strengths & Weaknesses
7.9 Sunverge Energy
7.9.1 Sunverge Energy Details
7.9.2 Sunverge Energy Major Business
7.9.3 Sunverge Energy Microgrid Technology Product and Services
7.9.4 Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 Sunverge Energy Recent Developments/Updates
7.9.6 Sunverge Energy Competitive Strengths & Weaknesses
7.10 Toshiba
7.10.1 Toshiba Details
7.10.2 Toshiba Major Business
7.10.3 Toshiba Microgrid Technology Product and Services
7.10.4 Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Toshiba Recent Developments/Updates
7.10.6 Toshiba Competitive Strengths & Weaknesses
7.11 NEC
7.11.1 NEC Details
7.11.2 NEC Major Business
7.11.3 NEC Microgrid Technology Product and Services
7.11.4 NEC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 NEC Recent Developments/Updates
7.11.6 NEC Competitive Strengths & Weaknesses
7.12 Aquion Energy
7.12.1 Aquion Energy Details
7.12.2 Aquion Energy Major Business
7.12.3 Aquion Energy Microgrid Technology Product and Services
7.12.4 Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 Aquion Energy Recent Developments/Updates
7.12.6 Aquion Energy Competitive Strengths & Weaknesses
7.13 EnStorage
7.13.1 EnStorage Details
7.13.2 EnStorage Major Business
7.13.3 EnStorage Microgrid Technology Product and Services
7.13.4 EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 EnStorage Recent Developments/Updates
7.13.6 EnStorage Competitive Strengths & Weaknesses
7.14 SGCC
7.14.1 SGCC Details
7.14.2 SGCC Major Business
7.14.3 SGCC Microgrid Technology Product and Services
7.14.4 SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 SGCC Recent Developments/Updates
7.14.6 SGCC Competitive Strengths & Weaknesses
7.15 Moixa
7.15.1 Moixa Details
7.15.2 Moixa Major Business
7.15.3 Moixa Microgrid Technology Product and Services
7.15.4 Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 Moixa Recent Developments/Updates
7.15.6 Moixa Competitive Strengths & Weaknesses
7.16 EnSync
7.16.1 EnSync Details
7.16.2 EnSync Major Business
7.16.3 EnSync Microgrid Technology Product and Services
7.16.4 EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.16.5 EnSync Recent Developments/Updates
7.16.6 EnSync Competitive Strengths & Weaknesses
7.17 Ampard
7.17.1 Ampard Details
7.17.2 Ampard Major Business
7.17.3 Ampard Microgrid Technology Product and Services
7.17.4 Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.17.5 Ampard Recent Developments/Updates
7.17.6 Ampard Competitive Strengths & Weaknesses
7.18 Green Energy Corp
7.18.1 Green Energy Corp Details
7.18.2 Green Energy Corp Major Business
7.18.3 Green Energy Corp Microgrid Technology Product and Services
7.18.4 Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.18.5 Green Energy Corp Recent Developments/Updates
7.18.6 Green Energy Corp Competitive Strengths & Weaknesses
7.19 Growing Energy Labs Inc
7.19.1 Growing Energy Labs Inc Details
7.19.2 Growing Energy Labs Inc Major Business
7.19.3 Growing Energy Labs Inc Microgrid Technology Product and Services
7.19.4 Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.19.5 Growing Energy Labs Inc Recent Developments/Updates
7.19.6 Growing Energy Labs Inc Competitive Strengths & Weaknesses
7.20 HOMER Energy
7.20.1 HOMER Energy Details
7.20.2 HOMER Energy Major Business
7.20.3 HOMER Energy Microgrid Technology Product and Services
7.20.4 HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.20.5 HOMER Energy Recent Developments/Updates
7.20.6 HOMER Energy Competitive Strengths & Weaknesses
7.21 Spirae
7.21.1 Spirae Details
7.21.2 Spirae Major Business
7.21.3 Spirae Microgrid Technology Product and Services
7.21.4 Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024)
7.21.5 Spirae Recent Developments/Updates
7.21.6 Spirae Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Microgrid Technology Industry Chain
8.2 Microgrid Technology Upstream Analysis
8.3 Microgrid Technology Midstream Analysis
8.4 Microgrid Technology Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Microgrid Technology Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Microgrid Technology Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Microgrid Technology Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Microgrid Technology Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Microgrid Technology Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Microgrid Technology Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Microgrid Technology Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Microgrid Technology Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Microgrid Technology Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Microgrid Technology Players in 2023
Table 12. World Microgrid Technology Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Microgrid Technology Company Evaluation Quadrant
Table 14. Head Office of Key Microgrid Technology Player
Table 15. Microgrid Technology Market: Company Product Type Footprint
Table 16. Microgrid Technology Market: Company Product Application Footprint
Table 17. Microgrid Technology Mergers & Acquisitions Activity
Table 18. United States VS China Microgrid Technology Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Microgrid Technology Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Microgrid Technology Companies, Headquarters (States, Country)
Table 21. United States Based Companies Microgrid Technology Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Microgrid Technology Revenue Market Share (2019-2024)
Table 23. China Based Microgrid Technology Companies, Headquarters (Province, Country)
Table 24. China Based Companies Microgrid Technology Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Microgrid Technology Revenue Market Share (2019-2024)
Table 26. Rest of World Based Microgrid Technology Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Microgrid Technology Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Microgrid Technology Revenue Market Share (2019-2024)
Table 29. World Microgrid Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Microgrid Technology Market Size by Type (2019-2024) & (USD Million)
Table 31. World Microgrid Technology Market Size by Type (2025-2030) & (USD Million)
Table 32. World Microgrid Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Microgrid Technology Market Size by Application (2019-2024) & (USD Million)
Table 34. World Microgrid Technology Market Size by Application (2025-2030) & (USD Million)
Table 35. ABB Basic Information, Area Served and Competitors
Table 36. ABB Major Business
Table 37. ABB Microgrid Technology Product and Services
Table 38. ABB Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. ABB Recent Developments/Updates
Table 40. ABB Competitive Strengths & Weaknesses
Table 41. GE Basic Information, Area Served and Competitors
Table 42. GE Major Business
Table 43. GE Microgrid Technology Product and Services
Table 44. GE Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. GE Recent Developments/Updates
Table 46. GE Competitive Strengths & Weaknesses
Table 47. Echelon Basic Information, Area Served and Competitors
Table 48. Echelon Major Business
Table 49. Echelon Microgrid Technology Product and Services
Table 50. Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Echelon Recent Developments/Updates
Table 52. Echelon Competitive Strengths & Weaknesses
Table 53. S&C Electric Basic Information, Area Served and Competitors
Table 54. S&C Electric Major Business
Table 55. S&C Electric Microgrid Technology Product and Services
Table 56. S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. S&C Electric Recent Developments/Updates
Table 58. S&C Electric Competitive Strengths & Weaknesses
Table 59. Siemens Basic Information, Area Served and Competitors
Table 60. Siemens Major Business
Table 61. Siemens Microgrid Technology Product and Services
Table 62. Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Siemens Recent Developments/Updates
Table 64. Siemens Competitive Strengths & Weaknesses
Table 65. General Microgrids Basic Information, Area Served and Competitors
Table 66. General Microgrids Major Business
Table 67. General Microgrids Microgrid Technology Product and Services
Table 68. General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. General Microgrids Recent Developments/Updates
Table 70. General Microgrids Competitive Strengths & Weaknesses
Table 71. Microgrid Solar Basic Information, Area Served and Competitors
Table 72. Microgrid Solar Major Business
Table 73. Microgrid Solar Microgrid Technology Product and Services
Table 74. Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Microgrid Solar Recent Developments/Updates
Table 76. Microgrid Solar Competitive Strengths & Weaknesses
Table 77. Raytheon Basic Information, Area Served and Competitors
Table 78. Raytheon Major Business
Table 79. Raytheon Microgrid Technology Product and Services
Table 80. Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Raytheon Recent Developments/Updates
Table 82. Raytheon Competitive Strengths & Weaknesses
Table 83. Sunverge Energy Basic Information, Area Served and Competitors
Table 84. Sunverge Energy Major Business
Table 85. Sunverge Energy Microgrid Technology Product and Services
Table 86. Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. Sunverge Energy Recent Developments/Updates
Table 88. Sunverge Energy Competitive Strengths & Weaknesses
Table 89. Toshiba Basic Information, Area Served and Competitors
Table 90. Toshiba Major Business
Table 91. Toshiba Microgrid Technology Product and Services
Table 92. Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Toshiba Recent Developments/Updates
Table 94. Toshiba Competitive Strengths & Weaknesses
Table 95. NEC Basic Information, Area Served and Competitors
Table 96. NEC Major Business
Table 97. NEC Microgrid Technology Product and Services
Table 98. NEC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. NEC Recent Developments/Updates
Table 100. NEC Competitive Strengths & Weaknesses
Table 101. Aquion Energy Basic Information, Area Served and Competitors
Table 102. Aquion Energy Major Business
Table 103. Aquion Energy Microgrid Technology Product and Services
Table 104. Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. Aquion Energy Recent Developments/Updates
Table 106. Aquion Energy Competitive Strengths & Weaknesses
Table 107. EnStorage Basic Information, Area Served and Competitors
Table 108. EnStorage Major Business
Table 109. EnStorage Microgrid Technology Product and Services
Table 110. EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. EnStorage Recent Developments/Updates
Table 112. EnStorage Competitive Strengths & Weaknesses
Table 113. SGCC Basic Information, Area Served and Competitors
Table 114. SGCC Major Business
Table 115. SGCC Microgrid Technology Product and Services
Table 116. SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. SGCC Recent Developments/Updates
Table 118. SGCC Competitive Strengths & Weaknesses
Table 119. Moixa Basic Information, Area Served and Competitors
Table 120. Moixa Major Business
Table 121. Moixa Microgrid Technology Product and Services
Table 122. Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 123. Moixa Recent Developments/Updates
Table 124. Moixa Competitive Strengths & Weaknesses
Table 125. EnSync Basic Information, Area Served and Competitors
Table 126. EnSync Major Business
Table 127. EnSync Microgrid Technology Product and Services
Table 128. EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 129. EnSync Recent Developments/Updates
Table 130. EnSync Competitive Strengths & Weaknesses
Table 131. Ampard Basic Information, Area Served and Competitors
Table 132. Ampard Major Business
Table 133. Ampard Microgrid Technology Product and Services
Table 134. Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 135. Ampard Recent Developments/Updates
Table 136. Ampard Competitive Strengths & Weaknesses
Table 137. Green Energy Corp Basic Information, Area Served and Competitors
Table 138. Green Energy Corp Major Business
Table 139. Green Energy Corp Microgrid Technology Product and Services
Table 140. Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 141. Green Energy Corp Recent Developments/Updates
Table 142. Green Energy Corp Competitive Strengths & Weaknesses
Table 143. Growing Energy Labs Inc Basic Information, Area Served and Competitors
Table 144. Growing Energy Labs Inc Major Business
Table 145. Growing Energy Labs Inc Microgrid Technology Product and Services
Table 146. Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 147. Growing Energy Labs Inc Recent Developments/Updates
Table 148. Growing Energy Labs Inc Competitive Strengths & Weaknesses
Table 149. HOMER Energy Basic Information, Area Served and Competitors
Table 150. HOMER Energy Major Business
Table 151. HOMER Energy Microgrid Technology Product and Services
Table 152. HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 153. HOMER Energy Recent Developments/Updates
Table 154. Spirae Basic Information, Area Served and Competitors
Table 155. Spirae Major Business
Table 156. Spirae Microgrid Technology Product and Services
Table 157. Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 158. Global Key Players of Microgrid Technology Upstream (Raw Materials)
Table 159. Microgrid Technology Typical Customers
List of Figure
Figure 1. Microgrid Technology Picture
Figure 2. World Microgrid Technology Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Microgrid Technology Total Market Size (2019-2030) & (USD Million)
Figure 4. World Microgrid Technology Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Microgrid Technology Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Microgrid Technology Revenue (2019-2030) & (USD Million)
Figure 13. Microgrid Technology Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 16. World Microgrid Technology Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 18. China Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 23. India Microgrid Technology Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Microgrid Technology by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Microgrid Technology Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Microgrid Technology Markets in 2023
Figure 27. United States VS China: Microgrid Technology Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Microgrid Technology Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Microgrid Technology Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Microgrid Technology Market Size Market Share by Type in 2023
Figure 31. Grid-Tied Type Microgrid
Figure 32. Independent Type Microgrid
Figure 33. World Microgrid Technology Market Size Market Share by Type (2019-2030)
Figure 34. World Microgrid Technology Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Microgrid Technology Market Size Market Share by Application in 2023
Figure 36. Commercial/Industrial
Figure 37. Community/Utility
Figure 38. Campus/Institutional
Figure 39. Military
Figure 40. Remote
Figure 41. Others
Figure 42. Microgrid Technology Industrial Chain
Figure 43. Methodology
Figure 44. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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

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

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

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

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Data Source

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

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    liuCheng01

    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.

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    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.

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    liuCheng01

    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.

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    liuCheng01

    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.

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    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.

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Companies Mentioned

ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae
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