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Microgrid Market 2024-2028

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    Report

  • 184 Pages
  • May 2024
  • Region: Global
  • TechNavio
  • ID: 5509276
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The microgrid market is forecasted to grow by USD 32.84 billion during 2023-2028, accelerating at a CAGR of 15.12% during the forecast period. The report on the microgrid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need for resilience, rise in adoption of microgrids in rural areas, and recent developments in microgrid.

The microgrid market is segmented as below:

By Application

  • Remote
  • Institutions and campus
  • Military
  • Others

By Connectivity

  • Grid connected
  • Off-grid connected

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the rapid advances in technology as one of the prime reasons driving the microgrid market growth during the next few years. Also, rising demand for microgrids in military applications and microgrids for protection from cybersecurity attacks will lead to sizable demand in the market.

The report on the microgrid market covers the following areas:

  • Microgrid market sizing
  • Microgrid market forecast
  • Microgrid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microgrid market vendors that include ABB Ltd., Anbaric Development Partners LLC, Canopy Power, Eaton Corp. PLC, Emerson Electric Co., Exelon Corp., General Electric Co., General MicroGrids, Gram Power (India) Pvt. Ltd., Honeywell International Inc., Pareto Energy, Power Analytics Global Corp., Powerhive Inc., S and C Electric Co., Schneider Electric SE, Siemens AG, Spirae LLC, Tesla Inc., TotalEnergies SE, and UL Solutions Inc. Also, the microgrid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Connectivity
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Microgrid Market 2018 - 2022
Historic Market Size - Data Table on Global Microgrid Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Connectivity segment analysis 2018 - 2022
Historic Market Size - Connectivity Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Remote - Market size and forecast 2023-2028
Chart on Remote - Market size and forecast 2023-2028 ($ million)
Data Table on Remote - Market size and forecast 2023-2028 ($ million)
Chart on Remote - Year-over-year growth 2023-2028 (%)
Data Table on Remote - Year-over-year growth 2023-2028 (%)
6.4 Institutions and campus - Market size and forecast 2023-2028
Chart on Institutions and campus - Market size and forecast 2023-2028 ($ million)
Data Table on Institutions and campus - Market size and forecast 2023-2028 ($ million)
Chart on Institutions and campus - Year-over-year growth 2023-2028 (%)
Data Table on Institutions and campus - Year-over-year growth 2023-2028 (%)
6.5 Military - Market size and forecast 2023-2028
Chart on Military - Market size and forecast 2023-2028 ($ million)
Data Table on Military - Market size and forecast 2023-2028 ($ million)
Chart on Military - Year-over-year growth 2023-2028 (%)
Data Table on Military - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Connectivity
7.1 Market segments
Chart on Connectivity - Market share 2023-2028 (%)
Data Table on Connectivity - Market share 2023-2028 (%)
7.2 Comparison by Connectivity
Chart on Comparison by Connectivity
Data Table on Comparison by Connectivity
7.3 Grid connected - Market size and forecast 2023-2028
Chart on Grid connected - Market size and forecast 2023-2028 ($ million)
Data Table on Grid connected - Market size and forecast 2023-2028 ($ million)
Chart on Grid connected - Year-over-year growth 2023-2028 (%)
Data Table on Grid connected - Year-over-year growth 2023-2028 (%)
7.4 Off-grid connected - Market size and forecast 2023-2028
Chart on Off-grid connected - Market size and forecast 2023-2028 ($ million)
Data Table on Off-grid connected - Market size and forecast 2023-2028 ($ million)
Chart on Off-grid connected - Year-over-year growth 2023-2028 (%)
Data Table on Off-grid connected - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Connectivity
Market opportunity by Connectivity ($ million)
Data Table on Market opportunity by Connectivity ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Russia - Market size and forecast 2023-2028
Chart on Russia - Market size and forecast 2023-2028 ($ million)
Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Chart on Russia - Year-over-year growth 2023-2028 (%)
Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 Australia - Market size and forecast 2023-2028
Chart on Australia - Market size and forecast 2023-2028 ($ million)
Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Chart on Australia - Year-over-year growth 2023-2028 (%)
Data Table on Australia - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
12.4 Eaton Corp. Plc
Eaton Corp. Plc - Overview
Eaton Corp. Plc - Business segments
Eaton Corp. Plc - Key news
Eaton Corp. Plc - Key offerings
Eaton Corp. Plc - Segment focus
12.5 Emerson Electric Co.
Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key news
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Segment focus
12.6 Exelon Corp.
Exelon Corp. - Overview
Exelon Corp. - Business segments
Exelon Corp. - Key offerings
Exelon Corp. - Segment focus
12.7 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
12.8 General MicroGrids
General MicroGrids - Overview
General MicroGrids - Product / Service
General MicroGrids - Key offerings
12.9 Honeywell International Inc.
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key news
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Segment focus
12.10 Pareto Energy
Pareto Energy - Overview
Pareto Energy - Product / Service
Pareto Energy - Key offerings
12.11 Powerhive Inc.
Powerhive Inc. - Overview
Powerhive Inc. - Product / Service
Powerhive Inc. - Key offerings
12.12 S and C Electric Co.
S and C Electric Co. - Overview
S and C Electric Co. - Product / Service
S and C Electric Co. - Key offerings
12.13 Schneider Electric SE
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key offerings
Schneider Electric SE - Segment focus
12.14 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
12.15 Tesla Inc.
Tesla Inc. - Overview
Tesla Inc. - Business segments
Tesla Inc. - Key news
Tesla Inc. - Key offerings
Tesla Inc. - Segment focus
12.16 TotalEnergies SE
TotalEnergies SE - Overview
TotalEnergies SE - Business segments
TotalEnergies SE - Key news
TotalEnergies SE - Key offerings
TotalEnergies SE - Segment focus
12.17 UL Solutions Inc.
UL Solutions Inc. - Overview
UL Solutions Inc. - Product / Service
UL Solutions Inc. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Connectivity
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Microgrid Market 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Connectivity Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Application - Market share 2023-2028 (%)
Exhibits 33: Data Table on Application - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Application
Exhibits 35: Data Table on Comparison by Application
Exhibits 36: Chart on Remote - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Data Table on Remote - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Chart on Remote - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Remote - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Institutions and campus - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Institutions and campus - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Institutions and campus - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Institutions and campus - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Military - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Military - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Military - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Military - Year-over-year growth 2023-2028 (%)
Exhibits 48: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 52: Market opportunity by Application ($ million)
Exhibits 53: Data Table on Market opportunity by Application ($ million)
Exhibits 54: Chart on Connectivity - Market share 2023-2028 (%)
Exhibits 55: Data Table on Connectivity - Market share 2023-2028 (%)
Exhibits 56: Chart on Comparison by Connectivity
Exhibits 57: Data Table on Comparison by Connectivity
Exhibits 58: Chart on Grid connected - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Grid connected - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Grid connected - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Grid connected - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Off-grid connected - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Off-grid connected - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Off-grid connected - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Off-grid connected - Year-over-year growth 2023-2028 (%)
Exhibits 66: Market opportunity by Connectivity ($ million)
Exhibits 67: Data Table on Market opportunity by Connectivity ($ million)
Exhibits 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 69: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 70: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 71: Chart on Geographic comparison
Exhibits 72: Data Table on Geographic comparison
Exhibits 73: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 113: Market opportunity By Geographical Landscape ($ million)
Exhibits 114: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 115: Impact of drivers and challenges in 2023 and 2028
Exhibits 116: Overview on criticality of inputs and factors of differentiation
Exhibits 117: Overview on factors of disruption
Exhibits 118: Impact of key risks on business
Exhibits 119: Companies covered
Exhibits 120: Matrix on companies position and classification
Exhibits 121: ABB Ltd. - Overview
Exhibits 122: ABB Ltd. - Business segments
Exhibits 123: ABB Ltd. - Key news
Exhibits 124: ABB Ltd. - Key offerings
Exhibits 125: ABB Ltd. - Segment focus
Exhibits 126: Eaton Corp. Plc - Overview
Exhibits 127: Eaton Corp. Plc - Business segments
Exhibits 128: Eaton Corp. Plc - Key news
Exhibits 129: Eaton Corp. Plc - Key offerings
Exhibits 130: Eaton Corp. Plc - Segment focus
Exhibits 131: Emerson Electric Co. - Overview
Exhibits 132: Emerson Electric Co. - Business segments
Exhibits 133: Emerson Electric Co. - Key news
Exhibits 134: Emerson Electric Co. - Key offerings
Exhibits 135: Emerson Electric Co. - Segment focus
Exhibits 136: Exelon Corp. - Overview
Exhibits 137: Exelon Corp. - Business segments
Exhibits 138: Exelon Corp. - Key offerings
Exhibits 139: Exelon Corp. - Segment focus
Exhibits 140: General Electric Co. - Overview
Exhibits 141: General Electric Co. - Business segments
Exhibits 142: General Electric Co. - Key news
Exhibits 143: General Electric Co. - Key offerings
Exhibits 144: General Electric Co. - Segment focus
Exhibits 145: General MicroGrids - Overview
Exhibits 146: General MicroGrids - Product / Service
Exhibits 147: General MicroGrids - Key offerings
Exhibits 148: Honeywell International Inc. - Overview
Exhibits 149: Honeywell International Inc. - Business segments
Exhibits 150: Honeywell International Inc. - Key news
Exhibits 151: Honeywell International Inc. - Key offerings
Exhibits 152: Honeywell International Inc. - Segment focus
Exhibits 153: Pareto Energy - Overview
Exhibits 154: Pareto Energy - Product / Service
Exhibits 155: Pareto Energy - Key offerings
Exhibits 156: Powerhive Inc. - Overview
Exhibits 157: Powerhive Inc. - Product / Service
Exhibits 158: Powerhive Inc. - Key offerings
Exhibits 159: S and C Electric Co. - Overview
Exhibits 160: S and C Electric Co. - Product / Service
Exhibits 161: S and C Electric Co. - Key offerings
Exhibits 162: Schneider Electric SE - Overview
Exhibits 163: Schneider Electric SE - Business segments
Exhibits 164: Schneider Electric SE - Key offerings
Exhibits 165: Schneider Electric SE - Segment focus
Exhibits 166: Siemens AG - Overview
Exhibits 167: Siemens AG - Business segments
Exhibits 168: Siemens AG - Key news
Exhibits 169: Siemens AG - Key offerings
Exhibits 170: Siemens AG - Segment focus
Exhibits 171: Tesla Inc. - Overview
Exhibits 172: Tesla Inc. - Business segments
Exhibits 173: Tesla Inc. - Key news
Exhibits 174: Tesla Inc. - Key offerings
Exhibits 175: Tesla Inc. - Segment focus
Exhibits 176: TotalEnergies SE - Overview
Exhibits 177: TotalEnergies SE - Business segments
Exhibits 178: TotalEnergies SE - Key news
Exhibits 179: TotalEnergies SE - Key offerings
Exhibits 180: TotalEnergies SE - Segment focus
Exhibits 181: UL Solutions Inc. - Overview
Exhibits 182: UL Solutions Inc. - Product / Service
Exhibits 183: UL Solutions Inc. - Key offerings
Exhibits 184: Inclusions checklist
Exhibits 185: Exclusions checklist
Exhibits 186: Currency conversion rates for US$
Exhibits 187: Research methodology
Exhibits 188: Information sources
Exhibits 189: Data validation
Exhibits 190: Validation techniques employed for market sizing
Exhibits 191: Data synthesis
Exhibits 192: 360 degree market analysis
Exhibits 193: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global microgrid market: ABB Ltd., Anbaric Development Partners LLC, Canopy Power, Eaton Corp. Plc, Emerson Electric Co., Exelon Corp., General Electric Co., General MicroGrids, Gram Power (India) Pvt. Ltd., Honeywell International Inc., Pareto Energy, Power Analytics Global Corp., Powerhive Inc., S and C Electric Co., Schneider Electric SE, Siemens AG, Spirae LLC, Tesla Inc., TotalEnergies SE, and UL Solutions Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rapid advances in technology."

According to the report, one of the major drivers for this market is the need for resilience.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Anbaric Development Partners LLC
  • Canopy Power
  • Eaton Corp. Plc
  • Emerson Electric Co.
  • Exelon Corp.
  • General Electric Co.
  • General MicroGrids
  • Gram Power (India) Pvt. Ltd.
  • Honeywell International Inc.
  • Pareto Energy
  • Power Analytics Global Corp.
  • Powerhive Inc.
  • S and C Electric Co.
  • Schneider Electric SE
  • Siemens AG
  • Spirae LLC
  • Tesla Inc.
  • TotalEnergies SE
  • UL Solutions Inc.