Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Microgrid market during the forecastperiod of 2020-2027.
Thecommercial and the industrial sector are increasingly adopting microgridtechnology in order to reduce the emission levels and avail a reliable anduninterrupted supply of electricity in remote areas. The declining cost ofrenewable energy sources is also a contributing factor to the increasing demandof the microgrid facility.
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Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Microgrid market during the forecastperiod of 2020-2027.
Further key findings fromthe report suggest
· North Americaaccounted for the largest market share of the microgrid market in 2019 due tothe favorable government policies, including tax rebates and other promotionalschemes on adopting microgrid infrastructure.
· The AsiaPacific region is expected to be the fastest-growing region over the forecastperiod due to the government's increasing initiatives to provide acost-effective and uninterrupted supply of electricity in the rural areas ofthe developing economies.
· Keyparticipants include Siemens, Honeywell, General Electric (GE), ABB, SchneiderElectric, Eaton, Exelon Corporation, Spirae, Inc., S & C Electric Company,and Homer Energy, among others.
Furthermore,the report offers insights into the segmentation of the Microgrid industrybased on product types, applications, end-user, technology, and key regions. Thestudy also assesses the market segment expected to show significant growth inthe coming years.
· Power Outlook (Revenue, USD Billion; 2017-2027)
o Combined heat & power(CHP)
o Solar Photovoltaic (PV)
o Natural Gas
o Fuel Cell
o Diesel
o Others
· Product Outlook (Revenue, USD Billion; 2017-2027)
o Grid-connected
o Hybrid
o Remote
· Application Outlook (Revenue, USD Billion;2017-2027)
o Commercial
o Defense
o Government
o Education
Toread more about the report - https://www.emergenresearch.com/industry-report/microgrid-market
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