Global Microgrid Market to Register a CAGR of 13.67% From 2016 to 2020, States a Report by Research Beam
PORTLAND, Oregon, November 15, 2016 /PRNewswire/ --
According to the recent report, Global Microgrid Market 2016-2020, added by Research Beam, the global microgrid market is expected to grow at a CAGR of 13.67% from 2016 to 2020. The report offers an extensive analysis of top-vendor offerings, Porter's Five Forces model, leading segments, and key manufacturers. Current market trends are outlined and estimations of market size by 2020 are made. Drivers, challenges, and opportunities are offered to help businesses and investors capitalize on drivers, determine measures to tackle challenges, and take advantage of growth opportunities.
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Key findings of the report:
- Need for better power system as compared to traditional grid systems is driving the global microgrid market.
- Rising demand for microgrids in military applications is offering growth opportunities in the global market.
- Autonomous functionality and ability to operate parallel with conventional systems is a major factor for growth of the market.
The report provides insights on applications of microgrid including remote system applications, institutions & campus applications, community sector, and military sector. Furthermore, market size and forecasts by 2020 are made based on revenue generated and installed capacity.
Based on geography, the market is divided into following regions:
- Americas
- APAC
- EMEA
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Key vendors analyzed in the report are following:
- ABB
- GE-Alstom Energy
- Lockheed Martin
- Schneider Electric
- Siemens
Other prominent vendors:
- Chevron Energy
- Cummins
- Echelon
- Encorp
- General Microgrids
- Honeywell
- Mera Gao Power
- Microgrid Solar
- Pareto Energy
- Power Analytics
- S&C Electric Company
- SMA
- Spirae
- Toshiba
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Table Of Contents:
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast by revenue
• Market size and forecast by installed capacity
• Five forces analysis
PART 06: Market segmentation by application
• Global microgrid market by application 2015-2020
• Global microgrid market by application 2015-2020
• Global microgrid market by remote system application
• Global microgrid market by institutions and campus application
• Global microgrid market by community sector
• Global microgrid market by military sector
PART 07: Geographical segmentation
PART 08: Key leading countries
• US
• UK
• Japan
PART 09: Market drivers
PART 10: Impact of drivers
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