Microgrid Market Opportunities And Strategies To 2032

Microgrid Market 2023 – By Type (AC Microgrid, DC Microgrid, Hybrid), By Connectivity (Grid Connected, Off-Grid Connected), By Component (Hardware, Software, Services), By Application (Remote Systems, Institutional Buildings, Community And Utility Distribution), By End-User (Commercial And Industrial, Institutes And Campuses, Defense And Military), And By Region, Opportunities And Strategies – Global Forecast To 2032

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Microgrid Global Market Opportunities And Strategies To 2032

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Microgrid Market Definition

The microgrid market consists of sales of microgrids by entities (organizations, sole proprietors, partnerships) that refer to a local energy grid with control capability, which means it can disconnect from the traditional grid and operate autonomously.

A microgrid is a self-contained energy system that serves a specific geographic area, such as a college campus, hospital, business center, or neighborhood. Microgrids can strengthen grid resilience and help mitigate grid disturbances by operating while the main grid is down, as well as serve as a grid resource for faster system response and recovery.

Microgrid Market Size

The global microgrid market reached a value of nearly $11,901.6 million in 2022, having grown at a compound annual growth rate (CAGR) of 10.2% since 2017. The market is expected to grow from $11,901.6 million in 2022 to $29,494.5 million in 2027 at a rate of 19.9%. The market is then expected to grow at a CAGR of 17.1% from 2027 and reach $65,021.5 million in 2032.    

Growth in the historic period resulted from strong economic growth in emerging markets, increased demand for clean energy sources and growing adoption of microgrids for rural electrification. Factor that negatively affected growth in the historic period is high installation costs of microgrids.

Going forward, increasing electricity demand, increasing initiatives, and rising population will drive the growth. Factor that could hinder the growth of the microgrid market in the future include shortage of skilled workers.

Microgrid Market Drivers

The key drivers of the microgrid market include:

Increasing Electricity Demand

The increasing electricity demand is expected to propel the growth of the microgrid market going forward. Microgrids are local power grids that are operated independently of the main and generally much bigger electricity grid in an area. For example, according to ExxonMobil, a USA-based oil and gas corporation, globally, electricity demand is expected to rise by 1.8% per year, growing to almost 50% of this sector by 2050, as traditional biomass, coal and oil demand decline. Additionally, according to Indian Government’s data, India's power consumption logged a double-digit growth of 13.6% to 112.81 billion units in November 2022 compared to the year-ago period. Therefore, the increasing electricity demand would boost the growth of the microgrid market during the forecast period.

Microgrid Market Restraints

The key restraints on the microgrid market include:

Shortage of Skilled Workers

The shortage of skilled workers is expected to restrain the growth of the microgrid market during the forecast period. Increasing demands on the energy sector is having a handful of serious workforce challenges. One of the concerns is an aging workforce with high levels of retirement, colliding with a shortage of skilled workers to fill the gaps. For example, in November 2022, according to Institute of the German Economy, a Germany-based institute, a shortage of more than 200,000 skilled workers threatens to slow down Germany’s energy transition. For the expansion of solar and wind energy, around 216,000 additional skilled workers mainly electricians, heating and air-conditioning technicians, and IT specialists are needed. Additionally, in January 2022, according to Foresight Climate & Energy, a Denmark-based online magazine publishing on global energy transition, the renewable energy industry could account for 38 million jobs by 2030 and 43 million by 2050, but skills gaps and shortages of workers in this sector are widening. Therefore, the shortage of skilled workers is expected to hamper the growth of the microgrids market going forward.

Microgrid Market Trends

Major trends influencing the microgrid market include:

Development Of Smart, Plug-And-Play Microgrid Inverters

The development of plug-and-play microgrid inverter is another key trend gaining traction in the microgrid market. A “smart inverter” provides features like plug and play, self-awareness, adaptability, autonomy, and cooperativeness. For example, in October 2022, Statcon Energiaa, an India-based power electronics manufacturing company, has developed a plug-and-play outdoor inverter solution that provides uninterrupted power supplies to microgrid customers, with the option of combining renewable energy resources like biomass, wind, hydro and solar. It supports AC coupling and DC coupling, and AC-AC power transfer to connect multiple microgrids and it also has an in-built interface for a diesel generator to charge the batteries and cater to loads. The inverter is IOT-enabled and would allow multilevel remote monitoring and control.

Adoption Of Solar And Battery-Powered Microgrid Community

Companies in the market are increasingly focusing on adoption of solar and battery-powered microgrid community. A community solar microgrid is a small energy system planned, designed, and installed to provide reliable and clean energy for vital community facilities and assets within a defined area. Battery energy storage systems (BESS) use lithium-ion, magnesium-ion, or another of a variety of options to store generated energy. For example, in November 2022, KB Home, a US-based homebuilding company, has launched a solar and battery-powered microgrid community in California in partnership with the US Department of Energy (DOE). The aim is to test new energy efficient technologies in a new build community. Each of the new homes will be equipped with smart technologies and a backup battery, plus community microgrid connectivity. These features have been designed to work together to provide a self-supporting energy system that powers a specific neighborhood with a community battery and has the capability to operate independently during a grid outage.

Opportunities And Recommendations In The Microgrid Market

Opportunities –The top opportunities in the microgrid market segmented by type will arise in the AC microgrids segment, which will gain $10,807.9 million of global annual sales by 2027. The top opportunities in the microgrid market segmented by connectivity will arise in the grid connected segment, which will gain $10,821.4 million of global annual sales by 2027. The top opportunities in the microgrid market segmented by component will arise in the hardware segment, which will gain $8,581.1 million of global annual sales by 2027. The top opportunities in the microgrid market segmented by end user will arise in the remote community’s segment, which will gain $7,734.0 million of global annual sales by 2027. The microgrid market size will gain the most in the USA at $4,892.6 million.

Recommendations-To take advantage of the opportunities, The Business Research Company recommends the microgrid companies to focus on artificial intelligence, invest in solar and battery-powered microgrid community, focus on green hydrogen microgrids, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to target fast-growing end-users.

Microgrid Market Segmentation

The microgrid market is segmented by type, by connectivity, by component, by application and by end-user.
By Type-
The microgrid market is segmented by type into
    • a) AC Microgrids
    • b) DC Microgrids
    • c) Hybrid
The AC microgrids market was the largest segment of the microgrid market segmented by type, accounting for 62.5% of the total in 2022. Going forward, the DC microgrids segment is expected to be the fastest growing segment in the microgrid market segmented by type, at a CAGR of 20.8% during 2022-2027.
By Connectivity-
The microgrid market is segmented by connectivity into
    • a) Grid Connected
    • b) Off-Grid Connected
The grid connected market was the largest segment of the microgrid market segmented by connectivity, accounting for 62.2% of the total in 2022. Going forward, the off grid connected segment is expected to be the fastest growing segment in the microgrid market segmented by connectivity, at a CAGR of 20.2% during 2022-2027.
By Component-
The microgrid market is segmented by component into
    • a) Hardware
    • b) Software
    • c) Services
The hardware market was the largest segment of the microgrid market segmented by component, accounting for 51.0% of the total in 2022. Going forward, the services segment is expected to be the fastest growing segment in the microgrid market segmented by component, at a CAGR of 21.0% during 2022-2027.
By Application-
The microgrid market is segmented by application into
    • a) Remote Systems
    • b) Institutional Buildings
    • c) Community And Utility Distribution
The remote systems market was the largest segment of the microgrid market segmented by application, accounting for 44.9% of the total in 2022. Going forward, the commercial and industrial segment is expected to be the fastest growing segment in the microgrid market segmented by end user, at a CAGR of 20.9% during 2022-2027.
By End-User-
The microgrid market is segmented by end-user into
    • a) Commercial And Industrial
    • b) Institutes And Campuses
    • c) Defense And Military
The remote communities market was the largest segment of the microgrid market segmented by end user, accounting for 44.9% of the total in 2022. Going forward, the commercial and industrial segment is expected to be the fastest growing segment in the microgrid market segmented by end user, at a CAGR of 20.9% during 2022-2027.
By Geography - The microgrid market is segmented by geography into
      o Asia Pacific
      • • China
      • • India
      • • Japan
      • • Australia
      • • Indonesia
      • • South Korea
      o North America
      • • USA
      o South America
      • • Brazil
      o Western Europe
      • • France
      • • Germany
      • • UK
      o Eastern Europe
      • • Russia
      o Middle East
      o Africa
North America was the largest region in the microgrid market, accounting for 34.0% of the total in 2022. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the microgrid market will be Asia Pacific and North America where growth will be at CAGRs of 21.1% and 20.4% respectively. These will be followed by Western Europe and Eastern Europe where the markets are expected to grow at CAGRs of 19.9% and 18.8% respectively.

Microgrid Market Competitive Landscape

Major Competitors are:

  • General Electric Company
  • Schneider Electric SE
  • ABB Group
  • Siemens AG
  • Toshiba Corporation

    • Other Competitors Include:

  • Exelon Corporation
  • Eaton Corporation PLC
  • Engie SA
  • Hitachi, Ltd
  • S&C Electric Company
  • DESI Power
  • Gram Power
  • Mera Gao Power
  • Omnigrid Micropower Company
  • State Grid Corporation of China (SGCC)
  • China Southern Power Grid
  • Sungrow Power Supply Co., Ltd.
  • Shenzhen Cubenergy Co., Ltd.
  • Shanghai Dowell Technology Co. Ltd.
  • Shanghai Ghrepower Green Energy Co., Ltd.
  • Shenzhen Sinexcel Electric Co., Ltd.
  • Bboxx
  • Enervalis
  • Younicos
  • Supreme Power Solutions Co., Ltd.(SPS)
  • Phono Solar Technology Co., Ltd.
  • Rolls-Royce Power Systems AG
  • Capstone Turbine Corporation
  • Elum Energy
  • CebeEnergy GmbH
  • AMS
  • Caterpillar
  • enSYNC Corporation
  • Lockheed Martin Corporation
  • Power Analytics Corporation
  • LO3 Energy
  • HOMER Energy LLC
  • PowerSecure, Inc.
  • Primus Power
  • SolarX
  • CleanSpark
  • Sola Group
  • Powin Inc
  • Moura Batteries
  • Voltalia
  • Reuniwatt
  • Neoenergia
  • Iberdrola
  • HIMOINSA
  • Total Eren
  • Nidec Industrial Solutions
  • Edelar S.A
  • ALEC Energy
  • Mohamed Abdulrahman Al Bahar LLC
  • Husk Power Systems
  • Engie Energy Access

      • Table Of Contents

      1. Executive Summary

      2. Table Of Contents

      3. List Of Figures

      4. List Of Tables

      5. Report Structure

      6. Introduction and Market Characteristics

      6.1. General Market Definition

      6.2. Summary

      6.3. Microgrid Market Definition And Segmentations

      6.4. Market Segmentation By Type

      6.4.1. AC Microgrids

      6.4.2. DC Microgrids

      6.4.3. Hybrid

      6.5. Market Segmentation By Connectivity

      6.5.1. Grid Connected

      6.5.2. Off-Grid Connected

      6.6. Market Segmentation By Component

      6.6.1. Hardware

      6.6.2. Software

      6.6.3. Services

      6.7. Market Segmentation By Application

      6.7.1. Remote Systems

      6.7.2. Institutional Buildings

      6.7.3. Community And Utility Distribution

      6.8. Market Segmentation By End User

      6.8.1. Commercial And Industrial

      6.8.2. Institutes And Campuses

      6.8.3. Defense And Military

      7. Major Market Trends

      7.1. Use Of Artificial Intelligence (AI)

      7.2. Development And Adoption Of Green Hydrogen Microgrids

      7.3. Development Of Smart, Plug-And-Play Microgrid Inverters

      7.4. Adoption Of Solar And Battery-Powered Microgrid Community

      7.5. Partnerships And Collaborations

      8. Global Market Size and Growth

      8.1. Market Size

      8.2. Historic Market Growth, 2017 – 2022, Value ($ Million)

      8.2.1. Market Drivers 2017 – 2022

      8.2.2. Market Restraints 2017 – 2022

      8.3. Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      8.3.1. Market Drivers 2022 – 2027

      8.3.2. Market Restraints 2022 – 2027

      9. Global Microgrid Market Segmentation

      9.1. Global Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      9.2. Global Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      9.3. Global Microgrid Market, Segmentation By Component, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      9.4. Global Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      10. Microgrid Market, Regional and Country Analysis

      10.1. Global Microgrid Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      10.2. Global Microgrid Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11. Asia-Pacific Market

      11.1. Summary

      11.2. Market Overviews

      11.2.1. Region Information

      11.2.2. Market Information

      11.2.3. Background Information

      11.2.4. Government Initiatives

      11.2.5. Regulations

      11.2.6. Regulatory Bodies

      11.2.7. Major Associations

      11.2.8. Taxes levied

      11.2.9. Corporate Tax Structure

      11.2.10. Investments

      11.2.11. Major Companies

      11.3. Asia-Pacific Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.4. Asia-Pacific Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.5. Asia-Pacific Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.6. Asia-Pacific Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.7. Asia-Pacific Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.8. Asia-Pacific Microgrid Market: Country Analysis

      11.9. China Market

      11.10. Summary

      11.11. Market Overview

      11.11.1. Region Information

      11.11.2. Market Information

      11.11.3. Background Information

      11.11.4. Government Initiatives

      11.11.5. Regulations

      11.11.6. Regulatory Bodies

      11.11.7. Major Associations

      11.11.8. Taxes Levied

      11.11.9. Corporate tax structure

      11.11.10. Investments

      11.11.11. Major Companies

      11.12. China Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.13. China Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.14. China Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.15. China Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.16. China Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.17. India Market

      11.18. India Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.19. India Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.20. India Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.21. India Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.22. India Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.23. Japan Market

      11.24. Japan Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.25. Japan Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.26. Japan Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.27. Japan Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.28. Japan Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.29. Australia Market

      11.30. Australia Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.31. Australia Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.32. Australia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.33. Australia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.34. Australia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.35. Indonesia Market

      11.36. Indonesia Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.37. Indonesia Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.38. Indonesia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.39. Indonesia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.40. Indonesia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.41. South Korea Market

      11.42. South Korea Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      11.43. South Korea Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      11.44. South Korea Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.45. South Korea Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      11.46. South Korea Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12. Western Europe Market

      12.1. Summary

      12.2. Market Overview

      12.2.1. Region Information

      12.2.2. Market Information

      12.2.3. Background Information

      12.2.4. Government Initiatives

      12.2.5. Regulations

      12.2.6. Regulatory Bodies

      12.2.7. Major Associations

      12.2.8. Taxes levied

      12.2.9. Corporate Tax Structure

      12.2.10. Investments

      12.2.11. Major Companies

      12.3. Western Europe Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.4. Western Europe Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.5. Western Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.6. Western Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.7. Western Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.8. Western Europe Microgrid Market: Country Analysis

      12.9. UK Market

      12.10. UK Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.11. UK Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.12. UK Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.13. UK Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.14. UK Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.15. Germany Market

      12.16. Germany Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.17. Germany Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.18. Germany Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.19. Germany Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.20. Germany Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.21. France Market

      12.22. France Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      12.23. France Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      12.24. France Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.25. France Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      12.26. France Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13. Eastern Europe Market

      13.1. Summary

      13.2. Market Overview

      13.2.1. Region Information

      13.2.2. Market Information

      13.2.3. Background Information

      13.2.4. Government Initiatives

      13.2.5. Regulations

      13.2.6. Regulatory bodies

      13.2.7. Major Associations

      13.2.8. Taxes Levied

      13.2.9. Corporate Tax Structure

      13.2.10. Investments

      13.2.11. Major Companies

      13.3. Eastern Europe Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      13.4. Eastern Europe Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      13.5. Eastern Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.6. Eastern Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.7. Eastern Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.8. Eastern Europe Microgrid Market: Country Analysis

      13.9. Russia Market

      13.10. Russia Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      13.11. Russia Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      13.12. Russia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.13. Russia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      13.14. Russia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14. North America Market

      14.1. Summary

      14.2. Market Overview

      14.2.1. Region Information

      14.2.2. Market Information

      14.2.3. Background Information

      14.2.4. Government Initiatives

      14.2.5. Regulations

      14.2.6. Regulatory bodies

      14.2.7. Major Associations

      14.2.8. Taxes Levied

      14.2.9. Corporate Tax Structure

      14.2.10. Investments

      14.2.11. Major Companies

      14.3. North America Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.4. North America Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.5. North America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.6. North America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.7. North America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.8. North America Microgrid Market: Country Analysis

      14.9. USA Market

      14.10. Summary

      14.11. Market Overview

      14.11.1. Country Information

      14.11.2. Market Information

      14.11.3. Background Information

      14.11.4. Government Initiatives

      14.11.5. Regulations

      14.11.6. Regulatory bodies

      14.11.7. Major Associations

      14.11.8. Taxes Levied

      14.11.9. Corporate Tax Structure

      14.11.10. Investments

      14.11.11. Major Companies

      14.12. USA Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      14.13. USA Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      14.14. USA Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.15. USA Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      14.16. USA Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15. South America Market

      15.1. Summary

      15.2. Market Overview

      15.2.1. Region Information

      15.2.2. Market Information

      15.2.3. Background Information

      15.2.4. Government Initiatives

      15.2.5. Regulations

      15.2.6. Regulatory Bodies

      15.2.7. Major Associations

      15.2.8. Taxes Levied

      15.2.9. Corporate Tax Structure

      15.2.10. Investments

      15.2.11. Major Companies

      15.3. South America Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.4. South America Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.5. South America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.6. South America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.7. South America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.8. South America Microgrid Market: Country Analysis

      15.9. Brazil Market

      15.10. Brazil Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      15.11. Brazil Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      15.12. Brazil Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.13. Brazil Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      15.14. Brazil Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16. Middle East Market

      16.1. Summary

      16.2. Market Overview

      16.2.1. Region Information

      16.2.2. Market Information

      16.2.3. Background Information

      16.2.4. Government Initiatives

      16.2.5. Regulations

      16.2.6. Regulatory Bodies

      16.2.7. Major Associations

      16.2.8. Taxes Levied

      16.2.9. Corporate Tax Structure

      16.2.10. Investments

      16.2.11. Major Companies

      16.3. Middle East Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      16.4. Middle East Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      16.5. Middle East Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.6. Middle East Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      16.7. Middle East Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17. Africa Market

      17.1. Summary

      17.2. Market Overview

      17.2.1. Region Information

      17.2.2. Market Information

      17.2.3. Background Information

      17.2.4. Government Initiatives

      17.2.5. Regulations

      17.2.6. Regulatory Bodies

      17.2.7. Major Associations

      17.2.8. Taxes Levied

      17.2.9. Corporate Tax Structure

      17.2.10. Investments

      17.2.11. Major Companies

      17.3. Africa Microgrid Market, Historic Market Growth, 2017 – 2022, Value ($ Million)

      17.4. Africa Microgrid Market, Forecast Market Growth, 2022 – 2027, 2032F Value ($ Million)

      17.5. Africa Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.6. Africa Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      17.7. Africa Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Million)

      18. Competitive Landscape And Company Profiles

      18.1. Company Profiles

      18.2. General Electric Company

      18.2.1. Company Overview

      18.2.2. Products And Services

      18.2.3. Financial Overview

      18.3. Schneider Electric SE

      18.3.1. Company Overview

      18.3.2. Products And Services

      18.3.3. Business Strategy

      18.3.4. Financial Overview

      18.4. ABB Group

      18.4.1. Company Overview

      18.4.2. Products And Services

      18.4.3. Business Strategy

      18.4.4. Financial Overview

      18.5. Siemens AG

      18.5.1. Company Overview

      18.5.2. Products And Services

      18.5.3. Business Strategy

      18.5.4. Financial Overview

      18.6. Toshiba Corporation

      18.6.1. Company Overview

      18.6.2. Products And Services

      18.6.3. Business Strategy

      18.6.4. Financial Overview

      19. Key Mergers and Acquisitions

      19.1. Hover Energy Acquired Shine Development Partners

      19.2. ABM Industries Acquired Ravenvolt

      19.3. Caterpillar Acquired Tangent Energy

      19.4. Scale Microgrid Acquired Solar Projects From Nexus Renewables

      19.5. Yokogawa Electric Acquired PXiSE Energy

      19.6. Schneider Electric Acquired DC Systems

      19.7. Fluence Energy Acquired The Digital Intelligence Platform Of Advanced Microgrid Solutions

      20. Opportunities And Strategies

      20.1. Global Microgrid Market In 2027 – Countries Offering Most New Opportunities

      20.2. Global Microgrid Market In 2027 – Segments Offering Most New Opportunities

      20.3. Global Microgrid Market In 2027 – Growth Strategies

      20.3.1. Market Trend Based Strategies

      20.3.2. Competitor Strategies

      21. Microgrid Market, Conclusions And Recommendations

      21.1. Conclusions

      21.2. Recommendations

      21.2.1. Product

      21.2.2. Place

      21.2.3. Price

      21.2.4. Promotion

      21.2.5. People

      22. Appendix

      22.1. Market Data Sources

      22.2. Research Methodology

      22.3. Currencies

      22.4. The Business Research Company

      22.5. Copyright and Disclaimer

    List Of Tables

      Table 1: Global Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 2: Global Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 3: Global Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 4: Global Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 5: Global Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 6: Global Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 7: Global Microgrid Market, Segmentation By Component, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 8: Global Microgrid Market, Segmentation By Component, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 9: Global Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 10: Global Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 11: Global Microgrid Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 12: Global Microgrid Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 13: Global Microgrid Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 14: Global Microgrid Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 15: Asia-Pacific GDP Per Capita, By Country, 2017-2022, $
    • Table 16:  Asia-Pacific Population, By Country, 2017-2027, Millions
    • Table 17: Asia-Pacific Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 18: Asia-Pacific Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 19: Asia-Pacific Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 20: Asia-Pacific Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 21: Asia-Pacific Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 22: Asia-Pacific Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 23: Asia-Pacific Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 24: Asia-Pacific Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 25: China GDP Per Capita, 2017-2022, $
    • Table 26:  China Population, 2017-2027, Millions
    • Table 27: China Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 28: China Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 29: China Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 30: China Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 31: China Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 32: China Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 33: China Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 34: China Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 35: India Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 36: India Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 37: India Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 38: India Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 39: India Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 40: India Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 41: India Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 42: India Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 43: Japan Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 44: Japan Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 45: Japan Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 46: Japan Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 47: Japan Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 48: Japan Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 49: Japan Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 50: Japan Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 51: Australia Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 52: Australia Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 53: Australia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 54: Australia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 55: Australia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 56: Australia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 57: Australia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 58: Australia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 59: Indonesia Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 60: Indonesia Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 61: Indonesia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 62: Indonesia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 63: Indonesia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 64: Indonesia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 65: Indonesia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 66: Indonesia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 67: South Korea Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 68: South Korea Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 69: South Korea Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 70: South Korea Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 71: South Korea Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 72: South Korea Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 73: South Korea Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 74: South Korea Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 75: Western Europe GDP Per Capita, By Country, 2017-2022, $
    • Table 76:  Western Europe Population, By Country, 2017-2027, Millions
    • Table 77: Western Europe Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 78: Western Europe Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 79: Western Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 80: Western Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 81: Western Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 82: Western Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 83: Western Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 84: Western Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 85: UK Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 86: UK Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 87: UK Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 88: UK Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 89: UK Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 90: UK Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 91: UK Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 92: UK Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 93: Germany Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 94: Germany Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 95: Germany Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 96: Germany Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 97: Germany Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 98: Germany Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 99: Germany Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 100: Germany Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 101: France Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 102: France Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 103: France Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 104: France Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 105: France Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 106: France Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 107: France Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 108: France Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 109: Eastern Europe GDP Per Capita, By Country, 2017-2022, $
    • Table 110:  Eastern Europe Population, By Country, 2017-2027, Millions
    • Table 111: Eastern Europe Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 112: Eastern Europe Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 113: Eastern Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 114: Eastern Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 115: Eastern Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 116: Eastern Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 117: Eastern Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 118: Eastern Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 119: Russia Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 120: Russia Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 121: Russia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 122: Russia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 123: Russia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 124: Russia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 125: Russia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 126: Russia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 127: North America GDP Per Capita, By Country, 2017-2022, $
    • Table 128:  North America Population, By Country, 2017-2027, Millions
    • Table 129: North America Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 130: North America Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 131: North America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 132: North America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 133: North America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 134: North America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 135: North America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 136: North America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 137: USA GDP Per Capita, 2017-2022, $
    • Table 138:  USA Population, 2017-2027, Millions
    • Table 139: USA Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 140: USA Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 141: USA Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 142: USA Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 143: USA Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 144: USA Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 145: USA Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 146: USA Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 147: South America GDP Per Capita, By Country, 2017-2022, $
    • Table 148:  South America Population, By Country, 2017-2027, Millions
    • Table 149: South America Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 150: South America Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 151: South America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 152: South America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 153: South America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 154: South America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 155: South America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 156: South America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 157: Brazil Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 158: Brazil Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 159: Brazil Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 160: Brazil Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 161: Brazil Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 162: Brazil Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 163: Brazil Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 164: Brazil Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 165: Middle East GDP Per Capita, By Country, 2017-2022, $
    • Table 166:  Middle East Population, By Country, 2017-2027, Millions
    • Table 167: Middle East Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 168: Middle East Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 169: Middle East Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 170: Middle East Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 171: Middle East Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 172: Middle East Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 173: Middle East Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 174: Middle East Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 175: Africa GDP Per Capita, By Country, 2017-2022, $
    • Table 176:  Africa Population, By Country, 2017-2027, Millions
    • Table 177: Africa Microgrid Market, Historic, 2017 – 2022, $ Million
    • Table 178: Africa Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Table 179: Africa Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 180: Africa Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 181: Africa Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 182: Africa Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 183: Africa Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Table 184: Africa Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, $ Million
    • Table 185: Global Microgrid Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Table 186: GE – Financial Performance, 2017– 2021, $ Billion
    • Table 187: Schneider Electric – Financial Overview, 2017 - 2021, $ Billion
    • Table 188: ABB – Financial Overview, 2017 - 2021, $ Billion
    • Table 189: Siemens – Financial Performance, 2017– 2021, $ Billion
    • Table 190: Toshiba – Financial Performance, 2017– 2021, $ Billion
    • Table 191: Global Microgrid Market Size Gain ($ Million), 2022 – 2027, By Country
    • Table 192: Global Microgrid Market Size Gain ($ Million), Segmentation By Type, 2022 – 2027
    • Table 193: Global Microgrid Market Size Gain ($ Million), Segmentation By Connectivity, 2022 – 2027
    • Table 194: Global Microgrid Market Size Gain ($ Million), Segmentation By Component, 2022 – 2027
    • Table 195: Global Microgrid Market Size Gain ($ Million), Segmentation By End User, 2022 – 2027
    • Table 196: Microgrid Market Data Sources

    List Of Figures

      Figure 1: Geographic Regions Covered
    • Figure 2: Global Microgrid Market Segmentation By Type
    • Figure 3: Global Microgrid Market Segmentation By Connectivity
    • Figure 4: Global Microgrid Market Segmentation By Component
    • Figure 5: Global Microgrid Market Segmentation By Application
    • Figure 6: Global Microgrid Market Segmentation By End User
    • Figure 7: Global Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 8: Global Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 9: Global Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 10: Global Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 11: Global Microgrid Market, Segmentation By Component, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 12: Global Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 13: Global Microgrid Market, By Region, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 14: Global Microgrid Market, By Country, Historic and Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 15: Asia-Pacific Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 16: Asia-Pacific Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 17: Asia-Pacific Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 18: Asia-Pacific Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 19: Asia-Pacific Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 20: China Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 21: China Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 22: China Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 23: China Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 24: China Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 25: India Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 26: India Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 27: India Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 28: India Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 29: India Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 30: Japan Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 31: Japan Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 32: Japan Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 33: Japan Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 34: Japan Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 35: Australia Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 36: Australia Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 37: Australia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 38: Australia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 39: Australia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 40: Indonesia Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 41: Indonesia Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 42: Indonesia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 43: Indonesia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 44: Indonesia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 45: South Korea Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 46: South Korea Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 47: South Korea Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 48: South Korea Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 49: South Korea Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 50: Western Europe Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 51: Western Europe Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 52: Western Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 53: Western Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 54: Western Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 55: UK Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 56: UK Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 57: UK Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 58: UK Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 59: UK Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 60: Germany Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 61: Germany Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 62: Germany Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 63: Germany Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 64: Germany Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 65: France Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 66: France Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 67: France Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 68: France Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 69: France Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 70: Eastern Europe Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 71: Eastern Europe Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 72: Eastern Europe Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 73: Eastern Europe Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 74: Eastern Europe Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 75: Russia Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 76: Russia Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 77: Russia Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 78: Russia Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 79: Russia Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 80: North America Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 81: North America Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 82: North America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 83: North America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 84: North America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 85: USA Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 86: USA Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 87: USA Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 88: USA Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 89: USA Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 90: South America Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 91: South America Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 92: South America Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 93: South America Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 94: South America Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 95: Brazil Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 96: Brazil Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 97: Brazil Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 98: Brazil Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 99: Brazil Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 100: Middle East Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 101: Middle East Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 102: Middle East Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 103: Middle East Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 104: Middle East Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 105: Africa Microgrid Market, Historic, 2017 – 2022, $ Million
    • Figure 106: Africa Microgrid Market, Forecast, 2022 – 2027, 2032F, $ Million
    • Figure 107: Africa Microgrid Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 108: Africa Microgrid Market, Segmentation By Connectivity, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 109: Africa Microgrid Market, Segmentation By End User, Historic And Forecast, 2017 – 2022, 2027F, 2032F, %
    • Figure 110: Global Microgrid Market, Key Competitor Estimated Market Shares, 2021, Percentage (%)
    • Figure 111: GE – Financial Performance, 2017– 2021, $ Billion
    • Figure 112: Schneider Electric – Financial Overview, 2017 – 2021, $ Billion
    • Figure 113: ABB – Financial Overview, 2017 – 2021, $ Billion
    • Figure 114: Siemens – Financial Performance, 2017– 2021, $ Billion
    • Figure 115: Toshiba – Financial Performance, 2017– 2021, $ Billion
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