About Microgrid
A microgrid is a smaller version of a conventional centralized electrical grid. It is capable of producing power, distributing it, and controlling the flow of energy supplied to consumers within a specified geography. It can function autonomously or operate parallel with a conventional grid. However, compared with a conventional grid, the power generated by a microgrid is supplied to establishments or houses that are situated in close proximity to the plant. This reduces transmission and distribution losses, which are generally associated with centralized power generation.
Technavio’s analysts forecast the global microgrid market to grow at a CAGR of 13.67% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global microgrid market for 2016-2020. To calculate the market size, the report considers the revenue generated from the demand generated by different end-users in any region in the microgrid market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Microgrid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• GE-Alstom Energy
• Lockheed Martin
• Schneider Electric
• Siemens
Other prominent vendors
• Chevron Energy
• Cummins
• Echelon
• Encorp
• General Microgrids
• Honeywell
• Mera Gao Power
• Microgrid Solar
• Pareto Energy
• Power Analytics
• S&C Electric Company
• SMA
• Spirae
• Toshiba
Market driver
• Need for better power system compared with traditional grids
• For a full, detailed list, view our report
Market challenge
• High implementation costs
• For a full, detailed list, view our report
Market trend
• Rise in demand for microgrids in military applications
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast by revenue
• Market size and forecast by installed capacity
• Five forces analysis
PART 06: Market segmentation by application
• Global microgrid market by application 2015-2020
• Global microgrid market by application 2015-2020
• Global microgrid market by remote system application
• Global microgrid market by institutions and campus application
• Global microgrid market by community sector
• Global microgrid market by military sector
PART 07: Geographical segmentation
• Global microgrid market by geographical segmentation 2015-2020
• Global microgrid market by geographical segmentation 2015-2020
• Microgrid market in Americas
• Microgrid market in APAC
• Microgrid market in EMEA
PART 08: Key leading countries
• US
• UK
• Japan
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
• Other prominent vendors
PART 15: Key vendor analysis
• ABB
• GE-Alstom Energy
• Lockheed Martin
• Schneider Electric
• Siemens
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Benefits of microgrid
Exhibit 04: Market overview
Exhibit 05: Global microgrid market by revenue 2015-2020 ($ billions)
Exhibit 06: Global microgrid market by installed capacity 2015-2020 (GW)
Exhibit 07: Five forces analysis
Exhibit 08: Global microgrid market by application 2015-2020
Exhibit 09: Global microgrid market by application 2015-2020
Exhibit 10: Global microgrid market by remote system application 2015-2020 ($ billions)
Exhibit 11: PV module cost 2010-2013 ($/watt)
Exhibit 12: Global microgrid market by institutions or campus application 2015-2020 ($ billions)
Exhibit 13: Global microgrid market by community 2015-2020 ($ billions)
Exhibit 14: Benefits provided by microgrids to stakeholders
Exhibit 15: Unplanned outage in US and its costs
Exhibit 16: Global microgrid market by military 2015-2020 ($ billions)
Exhibit 17: Global microgrid market by geographical segmentation 2015-2020
Exhibit 18: Global microgrid market by geographical segmentation 2015-2020
Exhibit 19: Microgrid market in Americas 2015-2020 ($ billions)
Exhibit 20: Microgrid market in APAC 2015-2020 ($ billions)
Exhibit 21: Microgrid market in EMEA 2015-2020 ($ billions)
Exhibit 22: Flow chart of power transmission line
Exhibit 23: Microgrid components
Exhibit 24: Global natural calamities 2000-2015
Exhibit 25: Impact of blackout in Tohoku after 2011 earthquake
Exhibit 26: Outages and percentage of affected US residents at peak
Exhibit 27: Global timeline of microgrid programs
Exhibit 28: Impact of drivers
Exhibit 29: Classification of microgrid components
Exhibit 30: Estimated cost of major microgrid components
Exhibit 31: Exit fees for Las Vegas companies
Exhibit 32: Impact of drivers and challenges
Exhibit 33: Dynamic microgrid roadmap 2010-2025
Exhibit 34: Other prominent vendors
Exhibit 35: Microgrid solutions from ABB
Exhibit 36: Business segmentation by revenue 2015
Exhibit 37: Geographical segmentation by revenue 2015
Exhibit 38: ABB: Product portfolio
Exhibit 39: Business segmentation by revenue 2015
Exhibit 40: GE-Alstom Energy: Product portfolio
Exhibit 41: Lockheed Martin: Business segmentation by revenue 2015 ($ million)
Exhibit 42: Lockheed Martin: Business segmentation by revenue 2014 and 2015 ($ million)
Exhibit 43: Lockheed Martin: Product portfolio
Exhibit 44: Business segmentation by revenue 2015
Exhibit 45: Major components for microgrids
Exhibit 46: Siemens: Business segmentation by revenue 2015
Exhibit 47: Siemens: Product portfolio
