Global Microgrid Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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Published Date: 18 Mar 2023

Category: Service & Software

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

Description

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.

According to our (Global Info Research) latest study, the global Microgrid Technology market size was valued at USD 20160 million in 2022 and is forecast to a readjusted size of USD 48320 million by 2029 with a CAGR of 13.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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%.

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

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

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

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

Market segment by Type
    Grid-Tied Type Microgrid
    Independent Type Microgrid

Market segment by Application
    Commercial/Industrial
    Community/Utility
    Campus/Institutional
    Military
    Remote
    Others

Market segment by players, this report covers
    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

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

Table of Contents

1 Market Overview
    1.1 Product Overview and Scope of Microgrid Technology
    1.2 Market Estimation Caveats and Base Year
    1.3 Classification of Microgrid Technology by Type
        1.3.1 Overview: Global Microgrid Technology Market Size by Type: 2018 Versus 2022 Versus 2029
        1.3.2 Global Microgrid Technology Consumption Value Market Share by Type in 2022
        1.3.3 Grid-Tied Type Microgrid
        1.3.4 Independent Type Microgrid
    1.4 Global Microgrid Technology Market by Application
        1.4.1 Overview: Global Microgrid Technology Market Size by Application: 2018 Versus 2022 Versus 2029
        1.4.2 Commercial/Industrial
        1.4.3 Community/Utility
        1.4.4 Campus/Institutional
        1.4.5 Military
        1.4.6 Remote
        1.4.7 Others
    1.5 Global Microgrid Technology Market Size & Forecast
    1.6 Global Microgrid Technology Market Size and Forecast by Region
        1.6.1 Global Microgrid Technology Market Size by Region: 2018 VS 2022 VS 2029
        1.6.2 Global Microgrid Technology Market Size by Region, (2018-2029)
        1.6.3 North America Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.4 Europe Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.5 Asia-Pacific Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.6 South America Microgrid Technology Market Size and Prospect (2018-2029)
        1.6.7 Middle East and Africa Microgrid Technology Market Size and Prospect (2018-2029)

2 Company Profiles
    2.1 ABB
        2.1.1 ABB Details
        2.1.2 ABB Major Business
        2.1.3 ABB Microgrid Technology Product and Solutions
        2.1.4 ABB Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.1.5 ABB Recent Developments and Future Plans
    2.2 GE
        2.2.1 GE Details
        2.2.2 GE Major Business
        2.2.3 GE Microgrid Technology Product and Solutions
        2.2.4 GE Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.2.5 GE Recent Developments and Future Plans
    2.3 Echelon
        2.3.1 Echelon Details
        2.3.2 Echelon Major Business
        2.3.3 Echelon Microgrid Technology Product and Solutions
        2.3.4 Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.3.5 Echelon Recent Developments and Future Plans
    2.4 S&C Electric
        2.4.1 S&C Electric Details
        2.4.2 S&C Electric Major Business
        2.4.3 S&C Electric Microgrid Technology Product and Solutions
        2.4.4 S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.4.5 S&C Electric Recent Developments and Future Plans
    2.5 Siemens
        2.5.1 Siemens Details
        2.5.2 Siemens Major Business
        2.5.3 Siemens Microgrid Technology Product and Solutions
        2.5.4 Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.5.5 Siemens Recent Developments and Future Plans
    2.6 General Microgrids
        2.6.1 General Microgrids Details
        2.6.2 General Microgrids Major Business
        2.6.3 General Microgrids Microgrid Technology Product and Solutions
        2.6.4 General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.6.5 General Microgrids Recent Developments and Future Plans
    2.7 Microgrid Solar
        2.7.1 Microgrid Solar Details
        2.7.2 Microgrid Solar Major Business
        2.7.3 Microgrid Solar Microgrid Technology Product and Solutions
        2.7.4 Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.7.5 Microgrid Solar Recent Developments and Future Plans
    2.8 Raytheon
        2.8.1 Raytheon Details
        2.8.2 Raytheon Major Business
        2.8.3 Raytheon Microgrid Technology Product and Solutions
        2.8.4 Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.8.5 Raytheon Recent Developments and Future Plans
    2.9 Sunverge Energy
        2.9.1 Sunverge Energy Details
        2.9.2 Sunverge Energy Major Business
        2.9.3 Sunverge Energy Microgrid Technology Product and Solutions
        2.9.4 Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.9.5 Sunverge Energy Recent Developments and Future Plans
    2.10 Toshiba
        2.10.1 Toshiba Details
        2.10.2 Toshiba Major Business
        2.10.3 Toshiba Microgrid Technology Product and Solutions
        2.10.4 Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.10.5 Toshiba Recent Developments and Future Plans
    2.11 NEC
        2.11.1 NEC Details
        2.11.2 NEC Major Business
        2.11.3 NEC Microgrid Technology Product and Solutions
        2.11.4 NEC Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.11.5 NEC Recent Developments and Future Plans
    2.12 Aquion Energy
        2.12.1 Aquion Energy Details
        2.12.2 Aquion Energy Major Business
        2.12.3 Aquion Energy Microgrid Technology Product and Solutions
        2.12.4 Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.12.5 Aquion Energy Recent Developments and Future Plans
    2.13 EnStorage
        2.13.1 EnStorage Details
        2.13.2 EnStorage Major Business
        2.13.3 EnStorage Microgrid Technology Product and Solutions
        2.13.4 EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.13.5 EnStorage Recent Developments and Future Plans
    2.14 SGCC
        2.14.1 SGCC Details
        2.14.2 SGCC Major Business
        2.14.3 SGCC Microgrid Technology Product and Solutions
        2.14.4 SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.14.5 SGCC Recent Developments and Future Plans
    2.15 Moixa
        2.15.1 Moixa Details
        2.15.2 Moixa Major Business
        2.15.3 Moixa Microgrid Technology Product and Solutions
        2.15.4 Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.15.5 Moixa Recent Developments and Future Plans
    2.16 EnSync
        2.16.1 EnSync Details
        2.16.2 EnSync Major Business
        2.16.3 EnSync Microgrid Technology Product and Solutions
        2.16.4 EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.16.5 EnSync Recent Developments and Future Plans
    2.17 Ampard
        2.17.1 Ampard Details
        2.17.2 Ampard Major Business
        2.17.3 Ampard Microgrid Technology Product and Solutions
        2.17.4 Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.17.5 Ampard Recent Developments and Future Plans
    2.18 Green Energy Corp
        2.18.1 Green Energy Corp Details
        2.18.2 Green Energy Corp Major Business
        2.18.3 Green Energy Corp Microgrid Technology Product and Solutions
        2.18.4 Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.18.5 Green Energy Corp Recent Developments and Future Plans
    2.19 Growing Energy Labs Inc
        2.19.1 Growing Energy Labs Inc Details
        2.19.2 Growing Energy Labs Inc Major Business
        2.19.3 Growing Energy Labs Inc Microgrid Technology Product and Solutions
        2.19.4 Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.19.5 Growing Energy Labs Inc Recent Developments and Future Plans
    2.20 HOMER Energy
        2.20.1 HOMER Energy Details
        2.20.2 HOMER Energy Major Business
        2.20.3 HOMER Energy Microgrid Technology Product and Solutions
        2.20.4 HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.20.5 HOMER Energy Recent Developments and Future Plans
    2.21 Spirae
        2.21.1 Spirae Details
        2.21.2 Spirae Major Business
        2.21.3 Spirae Microgrid Technology Product and Solutions
        2.21.4 Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2018-2023)
        2.21.5 Spirae Recent Developments and Future Plans

3 Market Competition, by Players
    3.1 Global Microgrid Technology Revenue and Share by Players (2018-2023)
    3.2 Market Share Analysis (2022)
        3.2.1 Market Share of Microgrid Technology by Company Revenue
        3.2.2 Top 3 Microgrid Technology Players Market Share in 2022
        3.2.3 Top 6 Microgrid Technology Players Market Share in 2022
    3.3 Microgrid Technology Market: Overall Company Footprint Analysis
        3.3.1 Microgrid Technology Market: Region Footprint
        3.3.2 Microgrid Technology Market: Company Product Type Footprint
        3.3.3 Microgrid Technology 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 Microgrid Technology Consumption Value and Market Share by Type (2018-2023)
    4.2 Global Microgrid Technology Market Forecast by Type (2024-2029)

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

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

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

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

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

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

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

12 Industry Chain Analysis
    12.1 Microgrid Technology Industry Chain
    12.2 Microgrid Technology Upstream Analysis
    12.3 Microgrid Technology Midstream Analysis
    12.4 Microgrid Technology 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 Microgrid Technology Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 2. Global Microgrid Technology Consumption Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 3. Global Microgrid Technology Consumption Value by Region (2018-2023) & (USD Million)
    Table 4. Global Microgrid Technology Consumption Value by Region (2024-2029) & (USD Million)
    Table 5. ABB Company Information, Head Office, and Major Competitors
    Table 6. ABB Major Business
    Table 7. ABB Microgrid Technology Product and Solutions
    Table 8. ABB Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 9. ABB Recent Developments and Future Plans
    Table 10. GE Company Information, Head Office, and Major Competitors
    Table 11. GE Major Business
    Table 12. GE Microgrid Technology Product and Solutions
    Table 13. GE Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 14. GE Recent Developments and Future Plans
    Table 15. Echelon Company Information, Head Office, and Major Competitors
    Table 16. Echelon Major Business
    Table 17. Echelon Microgrid Technology Product and Solutions
    Table 18. Echelon Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 19. Echelon Recent Developments and Future Plans
    Table 20. S&C Electric Company Information, Head Office, and Major Competitors
    Table 21. S&C Electric Major Business
    Table 22. S&C Electric Microgrid Technology Product and Solutions
    Table 23. S&C Electric Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 24. S&C Electric Recent Developments and Future Plans
    Table 25. Siemens Company Information, Head Office, and Major Competitors
    Table 26. Siemens Major Business
    Table 27. Siemens Microgrid Technology Product and Solutions
    Table 28. Siemens Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 29. Siemens Recent Developments and Future Plans
    Table 30. General Microgrids Company Information, Head Office, and Major Competitors
    Table 31. General Microgrids Major Business
    Table 32. General Microgrids Microgrid Technology Product and Solutions
    Table 33. General Microgrids Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 34. General Microgrids Recent Developments and Future Plans
    Table 35. Microgrid Solar Company Information, Head Office, and Major Competitors
    Table 36. Microgrid Solar Major Business
    Table 37. Microgrid Solar Microgrid Technology Product and Solutions
    Table 38. Microgrid Solar Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 39. Microgrid Solar Recent Developments and Future Plans
    Table 40. Raytheon Company Information, Head Office, and Major Competitors
    Table 41. Raytheon Major Business
    Table 42. Raytheon Microgrid Technology Product and Solutions
    Table 43. Raytheon Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 44. Raytheon Recent Developments and Future Plans
    Table 45. Sunverge Energy Company Information, Head Office, and Major Competitors
    Table 46. Sunverge Energy Major Business
    Table 47. Sunverge Energy Microgrid Technology Product and Solutions
    Table 48. Sunverge Energy Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 49. Sunverge Energy Recent Developments and Future Plans
    Table 50. Toshiba Company Information, Head Office, and Major Competitors
    Table 51. Toshiba Major Business
    Table 52. Toshiba Microgrid Technology Product and Solutions
    Table 53. Toshiba Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 54. Toshiba Recent Developments and Future Plans
    Table 55. NEC Company Information, Head Office, and Major Competitors
    Table 56. NEC Major Business
    Table 57. NEC Microgrid Technology Product and Solutions
    Table 58. NEC Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 59. NEC Recent Developments and Future Plans
    Table 60. Aquion Energy Company Information, Head Office, and Major Competitors
    Table 61. Aquion Energy Major Business
    Table 62. Aquion Energy Microgrid Technology Product and Solutions
    Table 63. Aquion Energy Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 64. Aquion Energy Recent Developments and Future Plans
    Table 65. EnStorage Company Information, Head Office, and Major Competitors
    Table 66. EnStorage Major Business
    Table 67. EnStorage Microgrid Technology Product and Solutions
    Table 68. EnStorage Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 69. EnStorage Recent Developments and Future Plans
    Table 70. SGCC Company Information, Head Office, and Major Competitors
    Table 71. SGCC Major Business
    Table 72. SGCC Microgrid Technology Product and Solutions
    Table 73. SGCC Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 74. SGCC Recent Developments and Future Plans
    Table 75. Moixa Company Information, Head Office, and Major Competitors
    Table 76. Moixa Major Business
    Table 77. Moixa Microgrid Technology Product and Solutions
    Table 78. Moixa Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 79. Moixa Recent Developments and Future Plans
    Table 80. EnSync Company Information, Head Office, and Major Competitors
    Table 81. EnSync Major Business
    Table 82. EnSync Microgrid Technology Product and Solutions
    Table 83. EnSync Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 84. EnSync Recent Developments and Future Plans
    Table 85. Ampard Company Information, Head Office, and Major Competitors
    Table 86. Ampard Major Business
    Table 87. Ampard Microgrid Technology Product and Solutions
    Table 88. Ampard Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Ampard Recent Developments and Future Plans
    Table 90. Green Energy Corp Company Information, Head Office, and Major Competitors
    Table 91. Green Energy Corp Major Business
    Table 92. Green Energy Corp Microgrid Technology Product and Solutions
    Table 93. Green Energy Corp Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 94. Green Energy Corp Recent Developments and Future Plans
    Table 95. Growing Energy Labs Inc Company Information, Head Office, and Major Competitors
    Table 96. Growing Energy Labs Inc Major Business
    Table 97. Growing Energy Labs Inc Microgrid Technology Product and Solutions
    Table 98. Growing Energy Labs Inc Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 99. Growing Energy Labs Inc Recent Developments and Future Plans
    Table 100. HOMER Energy Company Information, Head Office, and Major Competitors
    Table 101. HOMER Energy Major Business
    Table 102. HOMER Energy Microgrid Technology Product and Solutions
    Table 103. HOMER Energy Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 104. HOMER Energy Recent Developments and Future Plans
    Table 105. Spirae Company Information, Head Office, and Major Competitors
    Table 106. Spirae Major Business
    Table 107. Spirae Microgrid Technology Product and Solutions
    Table 108. Spirae Microgrid Technology Revenue (USD Million), Gross Margin and Market Share (2018-2023)
    Table 109. Spirae Recent Developments and Future Plans
    Table 110. Global Microgrid Technology Revenue (USD Million) by Players (2018-2023)
    Table 111. Global Microgrid Technology Revenue Share by Players (2018-2023)
    Table 112. Breakdown of Microgrid Technology by Company Type (Tier 1, Tier 2, and Tier 3)
    Table 113. Market Position of Players in Microgrid Technology, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2022
    Table 114. Head Office of Key Microgrid Technology Players
    Table 115. Microgrid Technology Market: Company Product Type Footprint
    Table 116. Microgrid Technology Market: Company Product Application Footprint
    Table 117. Microgrid Technology New Market Entrants and Barriers to Market Entry
    Table 118. Microgrid Technology Mergers, Acquisition, Agreements, and Collaborations
    Table 119. Global Microgrid Technology Consumption Value (USD Million) by Type (2018-2023)
    Table 120. Global Microgrid Technology Consumption Value Share by Type (2018-2023)
    Table 121. Global Microgrid Technology Consumption Value Forecast by Type (2024-2029)
    Table 122. Global Microgrid Technology Consumption Value by Application (2018-2023)
    Table 123. Global Microgrid Technology Consumption Value Forecast by Application (2024-2029)
    Table 124. North America Microgrid Technology Consumption Value by Type (2018-2023) & (USD Million)
    Table 125. North America Microgrid Technology Consumption Value by Type (2024-2029) & (USD Million)
    Table 126. North America Microgrid Technology Consumption Value by Application (2018-2023) & (USD Million)
    Table 127. North America Microgrid Technology Consumption Value by Application (2024-2029) & (USD Million)
    Table 128. North America Microgrid Technology Consumption Value by Country (2018-2023) & (USD Million)
    Table 129. North America Microgrid Technology Consumption Value by Country (2024-2029) & (USD Million)
    Table 130. Europe Microgrid Technology Consumption Value by Type (2018-2023) & (USD Million)
    Table 131. Europe Microgrid Technology Consumption Value by Type (2024-2029) & (USD Million)
    Table 132. Europe Microgrid Technology Consumption Value by Application (2018-2023) & (USD Million)
    Table 133. Europe Microgrid Technology Consumption Value by Application (2024-2029) & (USD Million)
    Table 134. Europe Microgrid Technology Consumption Value by Country (2018-2023) & (USD Million)
    Table 135. Europe Microgrid Technology Consumption Value by Country (2024-2029) & (USD Million)
    Table 136. Asia-Pacific Microgrid Technology Consumption Value by Type (2018-2023) & (USD Million)
    Table 137. Asia-Pacific Microgrid Technology Consumption Value by Type (2024-2029) & (USD Million)
    Table 138. Asia-Pacific Microgrid Technology Consumption Value by Application (2018-2023) & (USD Million)
    Table 139. Asia-Pacific Microgrid Technology Consumption Value by Application (2024-2029) & (USD Million)
    Table 140. Asia-Pacific Microgrid Technology Consumption Value by Region (2018-2023) & (USD Million)
    Table 141. Asia-Pacific Microgrid Technology Consumption Value by Region (2024-2029) & (USD Million)
    Table 142. South America Microgrid Technology Consumption Value by Type (2018-2023) & (USD Million)
    Table 143. South America Microgrid Technology Consumption Value by Type (2024-2029) & (USD Million)
    Table 144. South America Microgrid Technology Consumption Value by Application (2018-2023) & (USD Million)
    Table 145. South America Microgrid Technology Consumption Value by Application (2024-2029) & (USD Million)
    Table 146. South America Microgrid Technology Consumption Value by Country (2018-2023) & (USD Million)
    Table 147. South America Microgrid Technology Consumption Value by Country (2024-2029) & (USD Million)
    Table 148. Middle East & Africa Microgrid Technology Consumption Value by Type (2018-2023) & (USD Million)
    Table 149. Middle East & Africa Microgrid Technology Consumption Value by Type (2024-2029) & (USD Million)
    Table 150. Middle East & Africa Microgrid Technology Consumption Value by Application (2018-2023) & (USD Million)
    Table 151. Middle East & Africa Microgrid Technology Consumption Value by Application (2024-2029) & (USD Million)
    Table 152. Middle East & Africa Microgrid Technology Consumption Value by Country (2018-2023) & (USD Million)
    Table 153. Middle East & Africa Microgrid Technology Consumption Value by Country (2024-2029) & (USD Million)
    Table 154. Microgrid Technology Raw Material
    Table 155. Key Suppliers of Microgrid Technology Raw Materials
List of Figures
    Figure 1. Microgrid Technology Picture
    Figure 2. Global Microgrid Technology Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 3. Global Microgrid Technology Consumption Value Market Share by Type in 2022
    Figure 4. Grid-Tied Type Microgrid
    Figure 5. Independent Type Microgrid
    Figure 6. Global Microgrid Technology Consumption Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 7. Microgrid Technology Consumption Value Market Share by Application in 2022
    Figure 8. Commercial/Industrial Picture
    Figure 9. Community/Utility Picture
    Figure 10. Campus/Institutional Picture
    Figure 11. Military Picture
    Figure 12. Remote Picture
    Figure 13. Others Picture
    Figure 14. Global Microgrid Technology Consumption Value, (USD Million): 2018 & 2022 & 2029
    Figure 15. Global Microgrid Technology Consumption Value and Forecast (2018-2029) & (USD Million)
    Figure 16. Global Market Microgrid Technology Consumption Value (USD Million) Comparison by Region (2018 & 2022 & 2029)
    Figure 17. Global Microgrid Technology Consumption Value Market Share by Region (2018-2029)
    Figure 18. Global Microgrid Technology Consumption Value Market Share by Region in 2022
    Figure 19. North America Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 20. Europe Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 21. Asia-Pacific Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 22. South America Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 23. Middle East and Africa Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 24. Global Microgrid Technology Revenue Share by Players in 2022
    Figure 25. Microgrid Technology Market Share by Company Type (Tier 1, Tier 2 and Tier 3) in 2022
    Figure 26. Global Top 3 Players Microgrid Technology Market Share in 2022
    Figure 27. Global Top 6 Players Microgrid Technology Market Share in 2022
    Figure 28. Global Microgrid Technology Consumption Value Share by Type (2018-2023)
    Figure 29. Global Microgrid Technology Market Share Forecast by Type (2024-2029)
    Figure 30. Global Microgrid Technology Consumption Value Share by Application (2018-2023)
    Figure 31. Global Microgrid Technology Market Share Forecast by Application (2024-2029)
    Figure 32. North America Microgrid Technology Consumption Value Market Share by Type (2018-2029)
    Figure 33. North America Microgrid Technology Consumption Value Market Share by Application (2018-2029)
    Figure 34. North America Microgrid Technology Consumption Value Market Share by Country (2018-2029)
    Figure 35. United States Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 36. Canada Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 37. Mexico Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 38. Europe Microgrid Technology Consumption Value Market Share by Type (2018-2029)
    Figure 39. Europe Microgrid Technology Consumption Value Market Share by Application (2018-2029)
    Figure 40. Europe Microgrid Technology Consumption Value Market Share by Country (2018-2029)
    Figure 41. Germany Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 42. France Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 43. United Kingdom Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 44. Russia Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 45. Italy Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 46. Asia-Pacific Microgrid Technology Consumption Value Market Share by Type (2018-2029)
    Figure 47. Asia-Pacific Microgrid Technology Consumption Value Market Share by Application (2018-2029)
    Figure 48. Asia-Pacific Microgrid Technology Consumption Value Market Share by Region (2018-2029)
    Figure 49. China Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 50. Japan Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 51. South Korea Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 52. India Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 53. Southeast Asia Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 54. Australia Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 55. South America Microgrid Technology Consumption Value Market Share by Type (2018-2029)
    Figure 56. South America Microgrid Technology Consumption Value Market Share by Application (2018-2029)
    Figure 57. South America Microgrid Technology Consumption Value Market Share by Country (2018-2029)
    Figure 58. Brazil Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 59. Argentina Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 60. Middle East and Africa Microgrid Technology Consumption Value Market Share by Type (2018-2029)
    Figure 61. Middle East and Africa Microgrid Technology Consumption Value Market Share by Application (2018-2029)
    Figure 62. Middle East and Africa Microgrid Technology Consumption Value Market Share by Country (2018-2029)
    Figure 63. Turkey Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 64. Saudi Arabia Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 65. UAE Microgrid Technology Consumption Value (2018-2029) & (USD Million)
    Figure 66. Microgrid Technology Market Drivers
    Figure 67. Microgrid Technology Market Restraints
    Figure 68. Microgrid Technology Market Trends
    Figure 69. Porters Five Forces Analysis
    Figure 70. Manufacturing Cost Structure Analysis of Microgrid Technology in 2022
    Figure 71. Manufacturing Process Analysis of Microgrid Technology
    Figure 72. Microgrid Technology Industrial Chain
    Figure 73. Methodology
    Figure 74. 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.

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