World $27.89 Billion Microgrid Market Forecasts From 2017 to 2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Microgrid
Market – Forecasts from 2017 to 2022” report to their offering.

Microgrid Market is projected to witness a compound annual growth rate
of 14.21% to reach a total market size of US$27.897 billion in 2022 from
US$14.354 billion in 2017.

A microgrid is a localized grouping of electricity sources and loads,
for secure and reliable power supply. Government support to increase
integration and use of renewable energy sources and declining prices of
photovoltaic material are some of the major growth factors of this
market. Advantages like lesser transmission loss, emergency power
supply, and ability to facilitate the integration of Distributed Energy
Resources without any redesign of distribution system also complements
the market growth over the forecast period.

Key industry players profiled as part of this section are

• Pareto Energy
• Power Analytics Corporation
• S&C Electric Co
• Schneider Electric
• Viridity Energy Inc
• EnSync Inc
• ABB Ltd
• Honeywell International Inc
• Siemens AG

Segmentation

Microgrid market has been segmented on the basis of type, application,
and geography.

By Type

• Grid Connected
• Off-Grid

By Application

• Commercial and Industrial
• Military
• Institutional
• Others

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Microgrid Market Forecast by Type (US $ billion)

6. Microgrid Market Forecast by Application (US$ billion)

7. Microgrid Market Forecast by Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

• Pareto Energy
• Power Analytics Corporation
• S&C Electric Co.
• Schneider Electric
• Viridity Energy Inc.
• EnSync Inc.
• ABB Ltd.
• Honeywell International Inc.
• Siemens AG

For more information about this report visit http://www.researchandmarkets.com/research/wbkwn5/microgrid_market

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Related
Topics: Electricity