2. Scope of The Report
Research report categorizes the Microgrid Market
based on Connectivity, Offering, End-Use, Grid Type and Region.
And More…
By Offering
• Hardware
• Software
• Service
By Connectivity
• Grid Connected
• Off-Grid Connected
3. Key Segments
Microgrid market in APAC to grow at highest CAGR during the forecast period.
Major drivers for the market growth are rising demand for clean energy,
increasing instances of cyber attacks on the energy infrastructures,
growing requirement for reliable & secure global power supply, and
rising global deployment of microgrids for rural electrification.
Browse 101 market data Tables and 39 Figures spread through 144
Pages and in-depth TOC on "Microgrid Market - Global Forecast to
2025"
Grid-connected microgrid segment to grow at a higher CAGR during
the forecast period
Power generators to hold the largest share of the hardware microgri
d market during the forecast period.
The global microgrid market size is projected to reach USD 47.4 billion
by 2025 from USD 28.6 billion in 2020, at a CAGR of 10.6%.
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4. Microgrid Market Growth Rate
2025
Market Size of $
28.6 billion
Market Size of
$ 47.4 billion
2020
CAGR of 10.6%
5. Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/micro-
grid-electronics-market-917.html
• ABB (ABB, Switzerland)
• General Electric Company (GE, US)
• Siemens AG (Siemens, Germany)
• Eaton Corporation Inc. (Eaton, Ireland)
• Schneider Electric SE (Schneider Electric, France)
• Honeywell International Inc. (Honeywell, US)
• HOMER Energy LLC (Homer Energy, US)
• S&C Electric Company (S&C Electric, US)
6. Top Region..
• North America
• Europe
• APAC
• RoW
View Report Here - https://www.marketsandmarkets.com/Market-Reports/micro-grid-electronics-market-917.h
tml
7. 1. Where will all these developments take the global microgrid industry in the mid to long term?
2. What are emerging application areas that are expected to adopt microgrid?
3. Which end-use of the microgrid market is growing at the highest rate?
4. Which connectivity type of microgrid is expected to penetrate significantly during the forecast
period?
Key Questions Answered in Our Report
5. What hardware segment is the most opportunistic for microgrid developers in the coming
years?
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