KEY FINDINGS
The North America microgrid market is estimated to increase with an 11.07% CAGR during the forecasted period, 2022-2030. Increasing power outages and niche applications of remote communities and military bases propel market growth.
MARKET INSIGHTS
The North America microgrid market growth evaluation includes the study of Canada and United States. As the world population increases, the need for electricity increases proportionately. However, according to the Canada Energy Regulator, in 2020, over 200,000 people in Canada are not connected to the North American electrical grid and natural gas distribution pipeline systems. Canadians also face various natural disasters, and extreme weather conditions disrupt the electricity supply, causing massive blackouts that linger for days.
Additionally, if a transmission system component fails, the entire grid may come to a complete stop. There are nearly 300 remote communities in Canada, most of which are served by diesel-powered microgrids. The federal government has worked with regional governments to offer more environmentally friendly options. Further, various projects were launched for numerous microgrid installations to include fully functional and smart residential energy systems. These large-scale projects are expected to drive the demand for microgrids in Canada.
COMPETITIVE INSIGHTS
Some key companies are Exelon Corporation, Duke Energy Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Microgrid Market Forecast 2022-2030
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increasing Consumption Of Electricity
3.1.2. Rise In Clean Energy Integration
3.1.3. Mitigation Of Severe Weather Using Microgrids
3.2. Key Restraints
3.2.1. Expensive Maintenance & Installation Of Microgrids
3.2.2. Regulatory Framework Hurdles For Microgrids
4. Key Analytics
4.1. Impact Of Covid-19 On Microgrid Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Value Chain Analysis
4.7. Key Buying Criteria
4.7.1. Cost Efficiency
4.7.2. Product Features
4.7.3. End-Use
4.8. Regulatory Framework
5. Market By Type
5.1. Grid Connected
5.2. Off-Grid
6. Market By Offering
6.1. Hardware
6.1.1. Power Generators
6.1.2. Controllers
6.1.3. Energy Storage
6.2. Software
6.3. Services
7. Market By Consumption Pattern
7.1. Semi-Urban
7.2. Urban/Metropolitan
7.3. Rural/Island
8. Market By End-User
8.1. Commercial & Industrial
8.2. Healthcare
8.3. Education
8.4. Military
8.5. Government & Utilities
8.6. Other End-Users
9. Geographical Analysis
9.1. North America
9.1.1. Market Size & Estimates
9.1.2. Key Growth Enablers
9.1.3. Key Challenges
9.1.4. Key Players
9.1.5. Country Analysis
9.1.5.1. United States
9.1.5.2. Canada
10. Competitive Landscape
10.1. Key Strategic Developments
10.1.1. Mergers & Acquisitions
10.1.2. Product Launches & Developments
10.1.3. Partnerships & Agreements
10.1.4. Business Expansions & Divestitures
10.2. Company Profiles
10.2.1. Bloom Energy
10.2.2. Cummins Inc
10.2.3. Duke Energy Corporation
10.2.4. Eaton Corporation Plc
10.2.5. Exelon Corporation
10.2.6. Fairbanks Morse
10.2.7. Fuelcell Energy Inc
10.2.8. General Electric Company
10.2.9. Hitachi Ltd
10.2.10. National Grid Plc
10.2.11. Nrg Energy Inc
10.2.12. Power Engineers Incorporated
10.2.13. S&C Electric
10.2.14. Schneider Electric Se
10.2.15. Siemens Ag
List Of Tables
Table 1: North America Market Snapshot - Microgrid
Table 2: Regulatory Framework
Table 3: North America Microgrid Market, By Type, Historical Years, 2018-2021 (In $ Million)
Table 4: North America Microgrid Market, By Type, Forecast Years, 2022-2030 (In $ Million)
Table 5: North America Microgrid Market, By Offering, Historical Years, 2018-2021 (In $ Million)
Table 6: North America Microgrid Market, By Offering, Forecast Years, 2022-2030 (In $ Million)
Table 7: North America Microgrid Market, By Hardware, Historical Years, 2018-2021 (In $ Million)
Table 8: North America Microgrid Market, By Hardware, Forecast Years, 2022-2030 (In $ Million)
Table 9: North America Microgrid Market, By Consumption Pattern, Historical Years, 2018-2021 (In $ Million)
Table 10: North America Microgrid Market, By Consumption Pattern, Forecast Years, 2022-2030 (In $ Million)
Table 11: North America Microgrid Market, By End-User, Historical Years, 2018-2021 (In $ Million)
Table 12: North America Microgrid Market, By End-User, Forecast Years, 2022-2030 (In $ Million)
Table 13: North America Microgrid Market, By Country, Historical Years, 2018-2021 (In $ Million)
Table 14: North America Microgrid Market, By Country, Forecast Years, 2022-2030 (In $ Million)
Table 15: Leading Players Operating In North America Microgrid Market
Table 16: List Of Mergers & Acquisitions
Table 17: List Of Product Launches & Developments
Table 18: List Of Partnerships & Agreements
Table 19: List Of Business Expansions & Divestitures
List Of Figures
Figure 1: Key Market Trends
Figure 2: Renewable Electricity Generation, By Source, 2018-2020
Figure 3: Porter's Five Forces Analysis
Figure 4: Opportunity Matrix
Figure 5: Vendor Landscape
Figure 6: Value Chain Analysis
Figure 7: Key Buying Criteria
Figure 8: North America Microgrid Market, Growth Potential, By Type, In 2021
Figure 9: North America Microgrid Market, By Grid Connected, 2022-2030 (In $ Million)
Figure 10: North America Microgrid Market, By Off-Grid, 2022-2030 (In $ Million)
Figure 11: North America Microgrid Market, Growth Potential, By Offering, In 2021
Figure 12: North America Microgrid Market, By Hardware, 2022-2030 (In $ Million)
Figure 13: North America Microgrid Market, Growth Potential, By Hardware, In 2021
Figure 14: North America Microgrid Market, By Power Generators, 2022-2030 (In $ Million)
Figure 15: North America Microgrid Market, By Controllers, 2022-2030 (In $ Million)
Figure 16: North America Microgrid Market, By Energy Storage, 2022-2030 (In $ Million)
Figure 17: North America Microgrid Market, By Software, 2022-2030 (In $ Million)
Figure 18: North America Microgrid Market, By Services, 2022-2030 (In $ Million)
Figure 19: North America Microgrid Market, Growth Potential, By Consumption Pattern, In 2021
Figure 20: North America Microgrid Market, By Semi-Urban, 2022-2030 (In $ Million)
Figure 21: North America Microgrid Market, By Urban/Metropolitan, 2022-2030 (In $ Million)
Figure 22: North America Microgrid Market, By Rural/Island, 2022-2030 (In $ Million)
Figure 23: North America Microgrid Market, Growth Potential, By End-User, In 2021
Figure 24: North America Microgrid Market, By Commercial & Industrial, 2022-2030 (In $ Million)
Figure 25: North America Microgrid Market, By Healthcare, 2022-2030 (In $ Million)
Figure 26: North America Microgrid Market, By Education, 2022-2030 (In $ Million)
Figure 27: North America Microgrid Market, By Military, 2022-2030 (In $ Million)
Figure 28: North America Microgrid Market, By Government & Utilities, 2022-2030 (In $ Million)
Figure 29: North America Microgrid Market, By Other End-Users, 2022-2030 (In $ Million)
Figure 30: North America Microgrid Market, Country Outlook, 2021 & 2030 (In %)
Figure 31: United States Microgrid Market, 2022-2030 (In $ Million)
Figure 32: Canada Microgrid Market, 2022-2030 (In $ Million)
Global Integrated Outage Management System Market Research Report 2024
Published: 10-Jan-2024 Price: US 2900 Onwards Pages: 81
IOMS is a centrally coordinated facility owned by The power utility for addressing The consumer grievances regarding power failures and is realised by integrating different databases and components of conventional OMS.
The global Integrated Outage Management System market was valued at US$ 1250 million in 2023 and is anticipated to reach US$ 3307.7 million by 2030, witnessing a CAGR of 15.0% during The forecast period 2024-2030.
North American market for Integrated Outage Man......
Global Smart Grid Deployment Tracker Market Research Report 2024
Published: 10-Jan-2024 Price: US 2900 Onwards Pages: 97
The global Smart Grid Deployment Tracker market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during The forecast period 2024-2030.
North American market for Smart Grid Deployment Tracker is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during The forecast period of 2024 through 2030.
Asia-Pacific market for Smart Grid Deployment Tracker is estimated to increase from $ millio......
Global High Voltage Cables Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 119
High voltage cables are shielded cables that are mainly used for power transmission at high voltage. They are made up of conductor, conductor shield, insulator, semi-conducting insulation shield, metallic insulation shield, and sheath. High voltage cables generally operate in The range of 60 - 500 kV.
The global High Voltage Cables market was valued at US$ 8220.8 million in 2023 and is anticipated to reach US$ 10930 million by 2030, witnessing a CAGR of 4.1% during The forecast peri......
Global Composite Insulators Market Research Report 2024
Published: 08-Jan-2024 Price: US 2900 Onwards Pages: 131
Composite Insulators are special insulation controls, which include "core" and "housing". The core is usually made of resin-impregnated glass fibers. The housing can be manufactured from a variety of materials including elastomers, resins, or fluorocarbons. Compared with ceramic insulators and glass insulators, composite insulators are less costly, lighter in weight, and have excellent hydrophobic capability.
The global Composite Insulators market was valued at US$ 3011.1 million in......
Global Medium Voltage Cable Market Growth 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 156
According to our LPI (LP Information) latest study, the global Medium Voltage Cable market size was valued at US$ 17810 million in 2023. With growing demand in downstream market, the Medium Voltage Cable is forecast to a readjusted size of US$ 22230 million by 2030 with a CAGR of 3.2% during review period.
The research report highlights the growth potential of the global Medium Voltage Cable market. Medium Voltage Cable are expected to show stable growth in the future market. However, pr......
Global Distributed Energy Generation Technologies Market Research Report 2024
Published: 04-Jan-2024 Price: US 2900 Onwards Pages: 102
The Distributed Energy Generation Technologies market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Distributed Energy Generation Technologies market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the rep......
Global Microgrid Technology Market Growth (Status and Outlook) 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 154
According to our LPI (LP Information) latest study, the global Microgrid Technology market size was valued at US$ 19160 million in 2023. With growing demand in downstream market, the Microgrid Technology is forecast to a readjusted size of US$ 49200 million by 2030 with a CAGR of 14.4% during review period.
The research report highlights the growth potential of the global Microgrid Technology market. Microgrid Technology are expected to show stable growth in the future market. However, p......
Global Telecom Power Systems Market Growth 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 110
According to our LPI (LP Information) latest study, the global Telecom Power Systems market size was valued at US$ 5674.2 million in 2023. With growing demand in downstream market, the Telecom Power Systems is forecast to a readjusted size of US$ 7809.3 million by 2030 with a CAGR of 4.7% during review period.
The research report highlights the growth potential of the global Telecom Power Systems market. Telecom Power Systems are expected to show stable growth in the future market. Howev......
Global Electrical Distribution Pedestals Market Growth 2024-2030
Published: 04-Jan-2024 Price: US 3660 Onwards Pages: 159
According to our LPI (LP Information) latest study, the global Electrical Distribution Pedestals market size was valued at US$ 152.9 million in 2023. With growing demand in downstream market, the Electrical Distribution Pedestals is forecast to a readjusted size of US$ 188.2 million by 2030 with a CAGR of 3.0% during review period.
The research report highlights the growth potential of the global Electrical Distribution Pedestals market. Electrical Distribution Pedestals are expected to ......
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 -
[email protected] / +1 888 391 5441 )
- Ad Hoc
-
- Pay - as - you - go / Bucket Subscriptions
- Fixed Cost for #of reports
- Customize / Personalize as per your needs
