Global Microgrid Market Size, Status and Forecast 2020-2026

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Date: 04-May-2020
No. of pages: 92
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A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there's an interruption on the main grid. It draws on distributed energy resources, like solar power, to serve customers within the microgrid footprint. These benefits extend to surrounding communities, with reliable energy allowing better access to food, supplies and public services.

The industry's leading manufacturers are ABB, NEC and GE, with revenues of 7.61%, 5.68% and 4.85% respectively in 2019.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Microgrid market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyses the impact of Coronavirus COVID-19 on the Microgrid industry.

Based on our recent survey, we have several different scenarios about the Microgrid YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 13160 million in 2019. The market size of Microgrid will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Microgrid market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Microgrid market in terms of revenue.

Players, stakeholders, and other participants in the global Microgrid market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Microgrid market, covering important regions, viz, North America, Europe and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.

Competition Analysis

In the competitive analysis section of the report, leading as well as prominent players of the global Microgrid market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Microgrid market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Microgrid market.

The following players are covered in this report:

- ABB

- NEC

- GE

- Aquion Energy

- Echelon

- Raytheon

- S&C Electric Co

- Eaton Corporation

- Sunverge Energy

- Siemens

- Toshiba

- General Microgrids

- Lockheed Martin

Microgrid Breakdown Data by Type

- Grid-Tied

- Independent

Microgrid Breakdown Data by Application

- Commercial or Industrial Microgrid

- Community or Utility Microgrid

- Campus or Institutional Microgrid

- Military Microgrid

- Remote Microgrid

Global Microgrid Market Size, Status and Forecast 2020-2026

Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Microgrid Revenue
1.4 Market Analysis by Type
1.4.1 Global Microgrid Market Size Growth Rate by Type: 2020 VS 2026
1.4.2 Grid-Tied
1.4.3 Independent
1.5 Market by Application
1.5.1 Global Microgrid Market Share by Application: 2020 VS 2026
1.5.2 Commercial or Industrial Microgrid
1.5.3 Community or Utility Microgrid
1.5.4 Campus or Institutional Microgrid
1.5.5 Military Microgrid
1.5.6 Remote Microgrid
1.6 Coronavirus Disease 2019 (Covid-19): Microgrid Industry Impact
1.6.1 How the Covid-19 is Affecting the Microgrid Industry
1.6.1.1 Microgrid Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19's Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Microgrid Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Microgrid Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Microgrid Market Perspective (2015-2026)
2.2 Microgrid Growth Trends by Regions
2.2.1 Microgrid Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Microgrid Historic Market Share by Regions (2015-2020)
2.2.3 Microgrid Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter's Five Forces Analysis
2.3.5 Microgrid Market Growth Strategy
2.3.6 Primary Interviews with Key Microgrid Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Microgrid Players by Market Size
3.1.1 Global Top Microgrid Players by Revenue (2015-2020)
3.1.2 Global Microgrid Revenue Market Share by Players (2015-2020)
3.1.3 Global Microgrid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Microgrid Market Concentration Ratio
3.2.1 Global Microgrid Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Microgrid Revenue in 2019
3.3 Microgrid Key Players Head office and Area Served
3.4 Key Players Microgrid Product Solution and Service
3.5 Date of Enter into Microgrid Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Microgrid Historic Market Size by Type (2015-2020)
4.2 Global Microgrid Forecasted Market Size by Type (2021-2026)
5 Microgrid Breakdown Data by Application (2015-2026)
5.1 Global Microgrid Market Size by Application (2015-2020)
5.2 Global Microgrid Forecasted Market Size by Application (2021-2026)
6 North America
6.1 North America Microgrid Market Size (2015-2020)
6.2 Microgrid Key Players in North America (2019-2020)
6.3 North America Microgrid Market Size by Type (2015-2020)
6.4 North America Microgrid Market Size by Application (2015-2020)
7 Europe
7.1 Europe Microgrid Market Size (2015-2020)
7.2 Microgrid Key Players in Europe (2019-2020)
7.3 Europe Microgrid Market Size by Type (2015-2020)
7.4 Europe Microgrid Market Size by Application (2015-2020)
8 Japan
8.1 Japan Microgrid Market Size (2015-2020)
8.2 Microgrid Key Players in Japan (2019-2020)
8.3 Japan Microgrid Market Size by Type (2015-2020)
8.4 Japan Microgrid Market Size by Application (2015-2020)
(2015-2020)
(2015-2020)
9 Key Players Profiles
9.1 ABB
9.1.1 ABB Company Details
9.1.2 ABB Business Overview and Its Total Revenue
9.1.3 ABB Microgrid Introduction
9.1.4 ABB Revenue in Microgrid Business (2015-2020))
9.1.5 ABB Recent Development
9.2 NEC
9.2.1 NEC Company Details
9.2.2 NEC Business Overview and Its Total Revenue
9.2.3 NEC Microgrid Introduction
9.2.4 NEC Revenue in Microgrid Business (2015-2020)
9.2.5 NEC Recent Development
9.3 GE
9.3.1 GE Company Details
9.3.2 GE Business Overview and Its Total Revenue
9.3.3 GE Microgrid Introduction
9.3.4 GE Revenue in Microgrid Business (2015-2020)
9.3.5 GE Recent Development
9.4 Aquion Energy
9.4.1 Aquion Energy Company Details
9.4.2 Aquion Energy Business Overview and Its Total Revenue
9.4.3 Aquion Energy Microgrid Introduction
9.4.4 Aquion Energy Revenue in Microgrid Business (2015-2020)
9.4.5 Aquion Energy Recent Development
9.5 Echelon
9.5.1 Echelon Company Details
9.5.2 Echelon Business Overview and Its Total Revenue
9.5.3 Echelon Microgrid Introduction
9.5.4 Echelon Revenue in Microgrid Business (2015-2020)
9.5.5 Echelon Recent Development
9.6 Raytheon
9.6.1 Raytheon Company Details
9.6.2 Raytheon Business Overview and Its Total Revenue
9.6.3 Raytheon Microgrid Introduction
9.6.4 Raytheon Revenue in Microgrid Business (2015-2020)
9.6.5 Raytheon Recent Development
9.7 S&C Electric Co
9.7.1 S&C Electric Co Company Details
9.7.2 S&C Electric Co Business Overview and Its Total Revenue
9.7.3 S&C Electric Co Microgrid Introduction
9.7.4 S&C Electric Co Revenue in Microgrid Business (2015-2020)
9.7.5 S&C Electric Co Recent Development
9.8 Eaton Corporation
9.8.1 Eaton Corporation Company Details
9.8.2 Eaton Corporation Business Overview and Its Total Revenue
9.8.3 Eaton Corporation Microgrid Introduction
9.8.4 Eaton Corporation Revenue in Microgrid Business (2015-2020)
9.8.5 Eaton Corporation Recent Development
9.9 Sunverge Energy
9.9.1 Sunverge Energy Company Details
9.9.2 Sunverge Energy Business Overview and Its Total Revenue
9.9.3 Sunverge Energy Microgrid Introduction
9.9.4 Sunverge Energy Revenue in Microgrid Business (2015-2020)
9.9.5 Sunverge Energy Recent Development
9.10 Siemens
9.10.1 Siemens Company Details
9.10.2 Siemens Business Overview and Its Total Revenue
9.10.3 Siemens Microgrid Introduction
9.10.4 Siemens Revenue in Microgrid Business (2015-2020)
9.10.5 Siemens Recent Development
9.11 Toshiba
10.11.1 Toshiba Company Details
10.11.2 Toshiba Business Overview and Its Total Revenue
10.11.3 Toshiba Microgrid Introduction
10.11.4 Toshiba Revenue in Microgrid Business (2015-2020)
10.11.5 Toshiba Recent Development
9.12 General Microgrids
10.12.1 General Microgrids Company Details
10.12.2 General Microgrids Business Overview and Its Total Revenue
10.12.3 General Microgrids Microgrid Introduction
10.12.4 General Microgrids Revenue in Microgrid Business (2015-2020)
10.12.5 General Microgrids Recent Development
9.13 Lockheed Martin
10.13.1 Lockheed Martin Company Details
10.13.2 Lockheed Martin Business Overview and Its Total Revenue
10.13.3 Lockheed Martin Microgrid Introduction
10.13.4 Lockheed Martin Revenue in Microgrid Business (2015-2020)
10.13.5 Lockheed Martin Recent Development
10 Analyst's Viewpoints/Conclusions
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.2 Data Source
11.2 Disclaimer
11.3 Author Details
List of Tables
Table 1. Microgrid Key Market Segments
Table 2. Key Players Covered: Ranking by Microgrid Revenue
Table 3. Ranking of Global Top Microgrid Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Microgrid Market Size Growth Rate by Type (US$ Million): 2020 VS 2026
Table 5. Key Players of Grid-Tied
Table 6. Key Players of Independent
Table 7. COVID-19 Impact Global Market: (Four Microgrid Market Size Forecast Scenarios)
Table 8. Opportunities and Trends for Microgrid Players in the COVID-19 Landscape
Table 9. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 10. Key Regions/Countries Measures against Covid-19 Impact
Table 11. Proposal for Microgrid Players to Combat Covid-19 Impact
Table 12. Global Microgrid Market Size Growth by Application (US$ Million): 2020 VS 2026
Table 13. Global Microgrid Market Size by Regions (US$ Million): 2020 VS 2026
Table 14. Global Microgrid Market Size by Regions (2015-2020) (US$ Million)
Table 15. Global Microgrid Market Share by Regions (2015-2020)
Table 16. Global Microgrid Forecasted Market Size by Regions (2021-2026) (US$ Million)
Table 17. Global Microgrid Market Share by Regions (2021-2026)
Table 18. Market Top Trends
Table 19. Key Drivers: Impact Analysis
Table 20. Key Challenges
Table 21. Microgrid Market Growth Strategy
Table 22. Main Points Interviewed from Key Microgrid Players
Table 23. Global Microgrid Revenue by Players (2015-2020) (Million US$)
Table 24. Global Microgrid Market Share by Players (2015-2020)
Table 25. Global Top Microgrid Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Microgrid as of 2019)
Table 26. Global Microgrid by Players Market Concentration Ratio (CR5 and HHI)
Table 27. Key Players Headquarters and Area Served
Table 28. Key Players Microgrid Product Solution and Service
Table 29. Date of Enter into Microgrid Market
Table 30. Mergers & Acquisitions, Expansion Plans
Table 31. Global Microgrid Market Size by Type (2015-2020) (Million US$)
Table 32. Global Microgrid Market Size Share by Type (2015-2020)
Table 33. Global Microgrid Revenue Market Share by Type (2021-2026)
Table 34. Global Microgrid Market Size Share by Application (2015-2020)
Table 35. Global Microgrid Market Size by Application (2015-2020) (Million US$)
Table 36. Global Microgrid Market Size Share by Application (2021-2026)
Table 37. North America Key Players Microgrid Revenue (2019-2020) (Million US$)
Table 38. North America Key Players Microgrid Market Share (2019-2020)
Table 39. North America Microgrid Market Size by Type (2015-2020) (Million US$)
Table 40. North America Microgrid Market Share by Type (2015-2020)
Table 41. North America Microgrid Market Size by Application (2015-2020) (Million US$)
Table 42. North America Microgrid Market Share by Application (2015-2020)
Table 43. Europe Key Players Microgrid Revenue (2019-2020) (Million US$)
Table 44. Europe Key Players Microgrid Market Share (2019-2020)
Table 45. Europe Microgrid Market Size by Type (2015-2020) (Million US$)
Table 46. Europe Microgrid Market Share by Type (2015-2020)
Table 47. Europe Microgrid Market Size by Application (2015-2020) (Million US$)
Table 48. Europe Microgrid Market Share by Application (2015-2020)
Table 49. Japan Key Players Microgrid Revenue (2019-2020) (Million US$)
Table 50. Japan Key Players Microgrid Market Share (2019-2020)
Table 51. Japan Microgrid Market Size by Type (2015-2020) (Million US$)
Table 52. Japan Microgrid Market Share by Type (2015-2020)
Table 53. Japan Microgrid Market Size by Application (2015-2020) (Million US$)
Table 54. Japan Microgrid Market Share by Application (2015-2020)
Table 55. ABB Company Details
Table 56. ABB Business Overview
Table 57. ABB Product
Table 58. ABB Revenue in Microgrid Business (2015-2020) (Million US$)
Table 59. ABB Recent Development
Table 60. NEC Company Details
Table 61. NEC Business Overview
Table 62. NEC Product
Table 63. NEC Revenue in Microgrid Business (2015-2020) (Million US$)
Table 64. NEC Recent Development
Table 65. GE Company Details
Table 66. GE Business Overview
Table 67. GE Product
Table 68. GE Revenue in Microgrid Business (2015-2020) (Million US$)
Table 69. GE Recent Development
Table 70. Aquion Energy Company Details
Table 71. Aquion Energy Business Overview
Table 72. Aquion Energy Product
Table 73. Aquion Energy Revenue in Microgrid Business (2015-2020) (Million US$)
Table 74. Aquion Energy Recent Development
Table 75. Echelon Company Details
Table 76. Echelon Business Overview
Table 77. Echelon Product
Table 78. Echelon Revenue in Microgrid Business (2015-2020) (Million US$)
Table 79. Echelon Recent Development
Table 80. Raytheon Company Details
Table 81. Raytheon Business Overview
Table 82. Raytheon Product
Table 83. Raytheon Revenue in Microgrid Business (2015-2020) (Million US$)
Table 84. Raytheon Recent Development
Table 85. S&C Electric Co Company Details
Table 86. S&C Electric Co Business Overview
Table 87. S&C Electric Co Product
Table 88. S&C Electric Co Revenue in Microgrid Business (2015-2020) (Million US$)
Table 89. S&C Electric Co Recent Development
Table 90. Eaton Corporation Business Overview
Table 91. Eaton Corporation Product
Table 92. Eaton Corporation Company Details
Table 93. Eaton Corporation Revenue in Microgrid Business (2015-2020) (Million US$)
Table 94. Eaton Corporation Recent Development
Table 95. Sunverge Energy Company Details
Table 96. Sunverge Energy Business Overview
Table 97. Sunverge Energy Product
Table 98. Sunverge Energy Revenue in Microgrid Business (2015-2020) (Million US$)
Table 99. Sunverge Energy Recent Development
Table 100. Siemens Company Details
Table 101. Siemens Business Overview
Table 102. Siemens Product
Table 103. Siemens Revenue in Microgrid Business (2015-2020) (Million US$)
Table 104. Siemens Recent Development
Table 105. Toshiba Company Details
Table 106. Toshiba Business Overview
Table 107. Toshiba Product
Table 108. Toshiba Revenue in Microgrid Business (2015-2020) (Million US$)
Table 109. Toshiba Recent Development
Table 110. General Microgrids Company Details
Table 111. General Microgrids Business Overview
Table 112. General Microgrids Product
Table 113. General Microgrids Revenue in Microgrid Business (2015-2020) (Million US$)
Table 114. General Microgrids Recent Development
Table 115. Lockheed Martin Company Details
Table 116. Lockheed Martin Business Overview
Table 117. Lockheed Martin Product
Table 118. Lockheed Martin Revenue in Microgrid Business (2015-2020) (Million US$)
Table 119. Lockheed Martin Recent Development
Table 120. Research Programs/Design for This Report
Table 121. Key Data Information from Secondary Sources
Table 122. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Microgrid Market Share by Type: 2020 VS 2026
Figure 2. Grid-Tied Features
Figure 3. Independent Features
Figure 4. Global Microgrid Market Share by Application: 2020 VS 2026
Figure 5. Commercial or Industrial Microgrid Case Studies
Figure 6. Community or Utility Microgrid Case Studies
Figure 7. Campus or Institutional Microgrid Case Studies
Figure 8. Military Microgrid Case Studies
Figure 9. Remote Microgrid Case Studies
Figure 10. Microgrid Report Years Considered
Figure 11. Global Microgrid Market Size YoY Growth 2015-2026 (US$ Million)
Figure 12. Global Microgrid Market Share by Regions: 2020 VS 2026
Figure 13. Global Microgrid Market Share by Regions (2021-2026)
Figure 14. Porter's Five Forces Analysis
Figure 15. Global Microgrid Market Share by Players in 2019
Figure 16. Global Top Microgrid Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Microgrid as of 2019
Figure 17. The Top 10 and 5 Players Market Share by Microgrid Revenue in 2019
Figure 18. North America Microgrid Market Size YoY Growth (2015-2020) (Million US$)
Figure 19. Europe Microgrid Market Size YoY Growth (2015-2020) (Million US$)
Figure 20. Japan Microgrid Market Size YoY Growth (2015-2020) (Million US$)
Figure 21. ABB Total Revenue (US$ Million): 2019 Compared with 2018
Figure 22. ABB Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 23. NEC Total Revenue (US$ Million): 2019 Compared with 2018
Figure 24. NEC Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 25. GE Total Revenue (US$ Million): 2019 Compared with 2018
Figure 26. GE Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 27. Aquion Energy Total Revenue (US$ Million): 2019 Compared with 2018
Figure 28. Aquion Energy Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 29. Echelon Total Revenue (US$ Million): 2019 Compared with 2018
Figure 30. Echelon Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 31. Raytheon Total Revenue (US$ Million): 2019 Compared with 2018
Figure 32. Raytheon Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 33. S&C Electric Co Total Revenue (US$ Million): 2019 Compared with 2018
Figure 34. S&C Electric Co Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 35. Eaton Corporation Total Revenue (US$ Million): 2019 Compared with 2018
Figure 36. Eaton Corporation Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 37. Sunverge Energy Total Revenue (US$ Million): 2019 Compared with 2018
Figure 38. Sunverge Energy Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 39. Siemens Total Revenue (US$ Million): 2019 Compared with 2018
Figure 40. Siemens Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 41. Toshiba Total Revenue (US$ Million): 2019 Compared with 2018
Figure 42. Toshiba Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 43. General Microgrids Total Revenue (US$ Million): 2019 Compared with 2018
Figure 44. General Microgrids Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 45. Lockheed Martin Total Revenue (US$ Million): 2019 Compared with 2018
Figure 46. Lockheed Martin Revenue Growth Rate in Microgrid Business (2015-2020)
Figure 47. Bottom-up and Top-down Approaches for This Report
Figure 48. Data Triangulation
Figure 49. Key Executives Interviewed
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