North America Microgrid Market Forecast 2019-2027

Publisher Name :
Date: 25-Feb-2019
No. of pages: 106

KEY FINDINGS

The microgrids market is predicted to be growing profusely during the forecasting years of 2019-2027 in the North American region mainly due to the increasing demand for power that is fueling up the capacity addition of renewable energy resulting in increased adoption of the microgrids. The regional market in North America is expected to be proliferating at a CAGR of 10.63% during the forecasting years of 2019-2027.

MARKET INSIGHTS

Government & utilities find significant levels of applications in the microgrid market due to the growth initiatives of the government of various countries for electrification and increasing adoption of microgrid by institutions. This trend has stipulated massive application for the microgrid market in the North American region, where governmental incentives play a massive role in the said market proliferation.

The smart city initiatives across the US are expected to provide a wide adoption potential to the microgrids for secure electricity generation and distribution. The microgrid market has the segmentation on the basis of offerings, types, consumption patterns and verticals.

COMPETITIVE INSIGHTS

Some of the companies established in the North American regional market are Princeton Power Systems, Schneider Electric, Fuelcell Energy Inc., Fairbanks Morse, S&C Electric Company, Power Engineers Incorporated, Exelon Corporation, Siemens AG, ABB Ltd., Duke Energy Corporation, Eaton Corporation PLC, Hitachi Ltd., National Grid, NRG Energy Inc. and General Electric.

North America Microgrid Market Forecast 2019-2027

Table of Contents

1. Research Scope
1.1. Study Goals
1.2. Scope of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Regulations On Greenhouse Gas Emission Across The World
3.2.2. Benefits of Using Microgrid Technology
3.2.3. Collaborations For Enhancements In Microgrid Technology
3.2.4. Government & Utilities Segment Witness The Robust Growth
3.2.5. Usage of Microgrids In Hospitals
3.2.6. Investments In Microgrids
4. Market Dynamics
4.1. Etymology of Microgrid Market
4.2. Market Scope & Definition
4.3. Market Drivers
4.3.1. Increase In Demand For Electricity Worldwide
4.3.2. Investments In Clean Energy Is Rising Rapidly
4.3.3. Rapid Increase In Demand of Clean Energy Storage Systems
4.4. Market Restraints
4.4.1. High Cost of Maintenance & Installation Hinders The Usage of Microgrids
4.4.2. Stringent Policies, Regulations, And Standards Related To Microgrids Across The World
4.5. Market Opportunities
4.5.1. Usage of Internet of Things In Microgrids
4.5.2. Increasing Electrification Projects Across Emerging Economies
4.5.3. Smart City Initiatives
4.6. Market Challenges
4.6.1. Difficulties In Planning, Designing, And Implementation of A Large Size Microgrid
4.6.2. Lack of Training Is A Major Barriers For The Long-Term Sustainability of Microgrids
5. Market By Offerings
5.1. Hardware
5.2. Software
5.3. Services
6. Market By Types
6.1. Grid Connected
6.2. Remote/Island/Off-Grid
7. Market By Consumption Patterns
7.1. Semi-Urban
7.2. Urban/Metropolitan
7.3. Rural/Island
8. Market By Verticals
8.1. Industrial
8.2. Healthcare
8.3. Education
8.4. Military
8.5. Government & Utilities
8.6. Others
9. Key Analytics
9.1. Porter's Five Force Model
9.1.1. Threat of New Entrants
9.1.2. Threat of Substitute
9.1.3. Bargaining Power of Suppliers
9.1.4. Bargaining Power of Buyers
9.1.5. Threat of Competitive Rivalry
9.2. Opportunity Matrix
9.3. Vendor Landscape
9.3.1. Legal, Policy & Regulatory Framework
10. North America
10.1. United States
10.2. Canada
11. Competitive Landscape
11.1. Key Company Analysis
11.1.1. Ge Electric
11.1.2. Siemens Ag
11.1.3. Eaton
11.1.4. Abb Ltd
11.1.5. Schneider Electric
11.2. Company Profiles
11.2.1. Abb Ltd.
11.2.1.1. Overview
11.2.1.2. Product Portfolio
11.2.1.3. Strategic Initiatives
11.2.1.4. Scot Analysis
11.2.2. Duke Energy Corporation
11.2.2.1. Overview
11.2.2.2. Product Portfolio
11.2.2.3. Strategic Initiatives
11.2.2.4. Scot Analysis
11.2.3. Eaton Corporation Plc
11.2.3.1. Overview
11.2.3.2. Product Portfolio
11.2.3.3. Strategic Initiatives
11.2.3.4. Scot Analysis
11.2.4. Exelon Corporation
11.2.4.1. Overview
11.2.4.2. Product Portfolio
11.2.4.3. Strategic Initiatives
11.2.4.4. Scot Analysis
11.2.5. Fairbanks Morse
11.2.5.1. Overview
11.2.5.2. Product Portfolio
11.2.5.3. Strategic Initiatives
11.2.5.4. Scot Analysis
11.2.6. General Electric
11.2.6.1. Overview
11.2.6.2. Product Portfolio
11.2.6.3. Strategic Initiatives
11.2.6.4. Scot Analysis
11.2.7. Hitachi Ltd.
11.2.7.1. Overview
11.2.7.2. Product Portfolio
11.2.7.3. Strategic Initiatives
11.2.7.4. Scot Analysis
11.2.8. Schneider Electric
11.2.8.1. Overview
11.2.8.2. Product Portfolio
11.2.8.3. Strategic Initiatives
11.2.8.4. Scot Analysis
11.2.9. Siemens Ag
11.2.9.1. Overview
11.2.9.2. Product Portfolio
11.2.9.3. Strategic Initiatives
11.2.9.4. Scot Analysis
11.2.10. National Grid
11.2.10.1. Overview
11.2.10.2. Product Portfolio
11.2.10.3. Strategic Initiatives
11.2.10.4. Scot Analysis
11.2.11. Fuelcell Energy Inc.
11.2.11.1. Overview
11.2.11.2. Product Portfolio
11.2.11.3. Strategic Initiatives
11.2.11.4. Scot Analysis
11.2.12. Nrg Energy Inc.
11.2.12.1. Overview
11.2.12.2. Product Portfolio
11.2.12.3. Strategic Initiatives
11.2.12.4. Scot Analysis
11.2.13. Power Engineers Incorporated
11.2.13.1. Overview
11.2.13.2. Product Portfolio
11.2.13.3. Strategic Initiatives
11.2.13.4. Scot Analysis
11.2.14. Princeton Power Systems
11.2.14.1. Overview
11.2.14.2. Product Portfolio
11.2.14.3. Strategic Initiatives
11.2.14.4. Scot Analysis
11.2.15. S&C Electric Company
11.2.15.1. Overview
11.2.15.2. Product Portfolio
11.2.15.3. Strategic Initiatives
11.2.15.4. Scot Analysis

List of Tables

Table 1. North America Microgrid Market, By Country, 2019-2027 (In $ Million)
Table 2. North America Microgrid Market, By Offerings, 2019-2027 (In $ Million)
Table 3. North America Microgrid Market, By Types, 2019-2027 (In $ Million)
Table 4. North America Microgrid Market, By Consumption Patterns, 2019-2027 (In $ Million)
Table 5. North America Microgrid Market, By Verticals 2019-2027 (In $ Million)
Table 6. Opportunity Matrix
Table 7. Vendor Landscape
Table 8. Legal, Policy & Regulatory Framework
Table 9. North America Microgrid Market, By Country, 2019-2027 (In $ Million)

List of Figures

Figure 1. North America Microgrid Market, By Verticals, 2018 & 2027 (In %)
Figure 2. North America Microgrid Market, By Hardware, 2019-2027 (In $ Million)
Figure 3. North America Microgrid Market, By Software, 2019-2027 (In $ Million)
Figure 4. North America Microgrid Market, By Services, 2019-2027 (In $ Million)
Figure 5. North America Microgrid Market, By Grid Connected, 2019-2027 (In $ Million)
Figure 6. North America Microgrid Market, By Remote/Island/Off-Grid, 2019-2027 (In $ Million)
Figure 7. North America Microgrid Market, By Semi-Urban, 2019-2027 (In $ Million)
Figure 8. North America Microgrid Market, By Urban/Metropolitan, 2019-2027 (In $ Million)
Figure 9. North America Microgrid Market, By Rural/Island, 2019-2027 (In $ Million)
Figure 10. North America Microgrid Market, By Industrial, 2019-2027 (In $ Million)
Figure 11. North America Microgrid Market, By Healthcare, 2019-2027 (In $ Million)
Figure 12. North America Microgrid Market, By Education, 2019-2027 (In $ Million)
Figure 13. North America Microgrid Market, By Military, 2019-2027 (In $ Million)
Figure 14. North America Microgrid Market, By Government & Utilities, 2019-2027 (In $ Million)
Figure 15. North America Microgrid Market, By Others, 2019-2027 (In $ Million)
Figure 16. Porter's Five Force Analysis
Figure 17. North America Microgrid Market, Regional Outlook, 2018 & 2027 (In %)
Figure 18. United States Microgrid Market, 2019-2027 (In $ Million)
Figure 19. Canada Microgrid Market, 2019-2027 (In $ Million)

  • Global Smart Grid Equipment Market Professional Survey Report 2019
    Published: 13-Sep-2019        Price: US 3500 Onwards        Pages: 113
    Smart Grid is the integration and implementation of communication, automation and IT systems with the traditional electrical grid with the ability to monitor and control power flows from points of generation to consumption and manage the load to match generation in real-time or near real-time. Smart grid increases the predictability, visibility and control of generation and demand, bringing flexibility to the whole system. This facilitates the integration of intermittent energy from renewable ge......
  • Global Distributed Energy Generation (DEG) Systems Market Professional Survey Report 2019
    Published: 12-Sep-2019        Price: US 3500 Onwards        Pages: 114
    The demand of Distributed Energy Generation (DEG) Systems is increasing driven by Insufficient centralized electricity supply, paradigm shift in energy generation towards green technology, increased awareness towards carbon footprint reduction coupled with revised FIT (Feed in Tariff) rates. The global Distributed Energy Generation (DEG) Systems market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.......
  • Global Cabinet Power Distribution Industry Market Research Report
    Published: 12-Sep-2019        Price: US 2960 Onwards        Pages: 105
    The Cabinet Power Distribution market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2024, with a CAGR of x.x% during 2019-2024. Based on the Cabinet Power Distribution industrial chain, this report mainly elaborates the definition, types, applications and major players of Cabinet Power Distribution market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advantages and disadvantages of enterp......
  • Global Remote Microgrid Industry Market Research Report
    Published: 12-Sep-2019        Price: US 2960 Onwards        Pages: 124
    The Remote Microgrid market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2024, with a CAGR of x.x% during 2019-2024. Based on the Remote Microgrid industrial chain, this report mainly elaborates the definition, types, applications and major players of Remote Microgrid market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advantages and disadvantages of enterprise products, industry develo......
  • Global Dynamic Volt/Var Control Architecture Industry Market Research Report
    Published: 12-Sep-2019        Price: US 2960 Onwards        Pages: 130
    The Dynamic Volt/Var Control Architecture market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2024, with a CAGR of x.x% during 2019-2024. Based on the Dynamic Volt/Var Control Architecture industrial chain, this report mainly elaborates the definition, types, applications and major players of Dynamic Volt/Var Control Architecture market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advan......
  • Global Demand Response (DR) Market Professional Survey Report 2019
    Published: 12-Sep-2019        Price: US 3500 Onwards        Pages: 114
    Demand response (DR) is defined as the change in power consumption by a utility's customers to reduce the gap between demand and supply of electricity. DR solutions help capture the benefits of time-based rates or financial incentives by consumers. This is done by reducing or shifting their electricity consumption during the peak hours of demand. DR further helps electricity providers to decrease costs by reducing the peak demand and prevents power companies from investing in new plants to meet ......
  • Global Flexible Electrical Conduits Market Professional Survey Report 2019
    Published: 10-Sep-2019        Price: US 3500 Onwards        Pages: 115
    An electrical conduit is a tube used to protect and route electrical wiring in a building or structure. Electrical conduit may be made of metal, plastic, fiber, or fired clay. Most conduit is rigid, but flexible conduit is used for some purposes. The global Flexible Electrical Conduits market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. This report focuses on Flexible Electrical Conduits vo......
  • Global Shunt Reactor Market Professional Survey Report 2019
    Published: 09-Sep-2019        Price: US 3500 Onwards        Pages: 116
    A shunt reactor is an absorber of reactive power, thus increasing the energy efficiency of the system. It is the most compact device commonly used for reactive power compensation in long high-voltage transmission lines and in cable systems. Asia Pacific is currently the largest market for shunt reactors, followed by North America and Europe. China accounted for a majority share in the Asia Pacific region and is projected to grow at the highest CAGR from 2018 to 2023. In developing countri......
  • Power Distribution Unit Market by Type (Basic, Metered, Switched, Monitored, ATS, Hot Swap, Dual Circuit), Phase (Single & Three), Power Rating (Up to 120V, 120–240V, 240–400V, above 400V), End User, and Region-Global Forecast to 2024
    Published: 09-Sep-2019        Price: US 5650 Onwards        Pages: 146
    “The power distribution unit market is projected to grow at a CAGR of 7.1% from 2019 to 2024” The power distribution unit market is projected to reach USD 5.2 billion by 2024 from an estimated USD 3.7 billion in 2019, at a CAGR of 7.1% during the forecast period. The rising concerns overpower stability for uninterrupted business operations, rising power distribution unit installations for reducing energy losses, and an increasing number of data centers are......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs