Microgrid Market Analysis by Power Source, Product, Application & Segment – Global Forecast to 2025 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Microgrid
Market Analysis, 2014-2025" report has been added to Research
and Markets' offering.
The global microgrid market is expected to reach USD 17.51 billion by
2025,growing at a CAGR of 17.0%. The improvement in manufacturing
sectors of emerging markets including Mexico, China and India as a
result of favorable government policies to attract investments is
expected to promote market growth.
Microgrid differs from conventional electrical distribution system as it
acts a close proximity medium between the power generation and power
consumption sources which results in increasing efficiency and reducing
transmission losses. These systems perform dynamic control over energy
sources by enabling autonomous as well as automatic self-healing
operations.
Rising importance of captive electricity generation as a key alternative
to the regulated power supply by municipal regulators in mining and
mechanical engineering sectors is expected to have a strong impact.
Furthermore, rising production output of unconventional sources
including shale gas in the U.S. and Canada as a result of high
utilization of fracking technology is expected to ensure access of
natural gas as a power source over the next eight years.
Companies Mentioned
- ABB
- Anarbic
- Eaton Corporation
- Exelon
- General Electric
- Honeywell International
- NRG International
- Northern Power
- Pareto
- Siemens AG
- Spirae
- Viridity
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Microgrid Market Variables, Trends & Scope
Chapter 4. Microgrid Market: Power Source Estimates & Trend Analysis
Chapter 5. Microgrid Market: Product Estimates & Trend Analysis
Chapter 6. Microgrid Market: Application Estimates & Trend Analysis
Chapter 7. Functional Proteins Market: Regional Estimates & Trend
Analysis
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/6vlpc8/microgrid_market
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Related
Topics: Electricity
