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Rising Demand of Electricity Is Driving the Global Microgrid Market to Grow at 11.38% of CAGR by 2027

“Global Microgrid Market is estimated to grow from $20918 million in 2018 to $54544 million by 2027 at a CAGR of 11.38% between 2019 and 2027.”

According to a new market research report launched by Inkwood Research, the Global Microgrid Market is estimated to grow from $20918 million in 2018 to $54544 million by 2027 at a CAGR of 11.38% between 2019 and 2027.

Browse 27 market data tables and 34 figures spread over 142 pages along with in-depth analysis on Global Microgrid Market By Offerings (Hardware, Software, Services), Types (Grid connected, Remote/Island/Off-Grid), Consumption Patterns (Semi-Urban, Urban/Metropolitan, Rural/Island), Verticals (Industrial, Healthcare, Education, Military, Government & Utilities, Others) and by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments and future strategies. The report covers all the aspects of this comprehensive market, by assessing significant geographies such as North America, Europe, Asia Pacific, and Rest of World and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

 

Microgrid Market scenario

Key factors that are responsible for the market advancement across the globe are increase in demand for electricity worldwide, investments in clean energy is rising rapidly & rapid increase in demand of clean energy storage systems.

The Microgrid Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Microgrid Market by Offerings, Types, Consumption Patterns, Verticals, and Geography: https://www.inkwoodresearch.com/reports/global-microgrid-market/#request-free-sample

 

Market Segmentation

On the basis of Offerings, the Global Microgrid market is segmented as follows

  • Hardware
  • Software
  • Services

On the basis of Type, the Global Microgrid market is segmented as follows

  • Grid connected
  • Remote/Island/Off-Grid

On the basis of Consumer Pattern, the Global Microgrid market is segmented as follows

  • Semi-Urban
  • Urban/Metropolitan
  • Rural/Island

On the basis of Vertical, the Global Microgrid market is segmented as follows:

  • Industrial
  • Healthcare
  • Education
  • Military
  • Government & Utilities
  • Others

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify investment opportunities
– Market forecasts till 2027, using estimated market values as the base numbers
– Key market trends across the business segments, regions and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2027

Companies Profiled

–          ABB LTD.

–          DUKE ENERGY CORPORATION

–          EATON CORPORATION PLC

–          EXELON CORPORATION

–          FAIRBANKS MORSE

–          GENERAL ELECTRIC

–          HITACHI LTD.

–          SCHNEIDER ELECTRIC

–          SIEMENS AG

–          NATIONAL GRID

–          FUELCELL ENERGY INC.

–          NRG ENERGY INC.

–          POWER ENGINEERS INCORPORATED

–          PRINCETON POWER SYSTEMS

–          S&C ELECTRIC COMPANY

 

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Microgrid as a ServiceGlobal Microgrid as a Service Market is anticipated to grow at a CAGR of 16.17% by 2026

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