The Business Research Company’s Microgrid Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Microgrid Global Market Report 2023 evaluates microgrid market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global microgrid market size grew from $12.07 billion in 2022 to $15.02 billion in 2023 at a compound annual growth rate (CAGR) of 24.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The microgrid market size is expected to grow to $32.13 billion in 2027 at a CAGR of 20.9%.
The microgrid market segments in the report are:
1) By Type: AC Microgrids, DC Microgrids, Hybrid
2) By Connectivity: Grid Connected, Off-grid Connected
3) By Component: Hardware, Software, Services
4) By Application: Remote Systems, Institutional Buildings, Commercial Utility
5) By End User: Commercial And Industrial, Institutes And Campuses, Military
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Top 5 Major Key Players Are:
- ABB Ltd.
- Eaton Corporation
- General Electric
- Siemens AG
- Schneider Electric SE
Table Of Contents:
1. Executive Summary
2. Microgrid Market Characteristics
3. Microgrid Market Trends And Strategies
4. Microgrid Market – Macro Economic Scenario
5. Microgrid Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Microgrid Market
29. Microgrid Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Microgrid Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Microgrid Market, Segmentation By Connectivity, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Microgrid Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……….
Table 48: ABB Ltd. Financial Performance
Table 49: Eaton Corporation Financial Performance
Table 50: General Electric Financial Performance
Table 51: Siemens AG Financial Performance
Table 52: Schneider Electric SE Financial Performance
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