Microgrid Market Growth Opportunities, Driving Factors by Manufacturers, Regions and Application, Forecast Analysis to 2022
Microgrid Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
March 7, 2018 /MarketersMedia/ —
Governments across the world are supporting the adoption of microgrids due to its strong endurance capability during natural calamities. The governments are stressing more towards green energy and renewable energy. The microgrids projects are backed by funding benefits in the form of grants from federal and state governments in the US. Publisher’s market research report has identified increasing government support as one of the primary factors that will fuel the growth of the microgrid market in the coming years. The New York state R&D authority awarded funds for microgrid projects to be deployed in 83 communities with the help of prize money worth USD 8 million. Moreover, Japanese government estimated a budget of USD 0.5 million per month for developing advanced microgrids to contribute to the development and implementation of microgrids. Our market research analysts estimate that this market will grow steadily at a CAGR of almost 10% by 2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the global microgrid market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of industrial fastener seal.
The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA
Publisher’s report, Global Microgrid Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-ABB
-Emerson Electric
-General Electric
-Schneider Electric
-Siemens
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Market driver
-Increasing government support
-For a full, detailed list, view our report
Market trend
-Technological advancements
-For a full, detailed list, view our report
Segmentation by application and analysis of the microgrid market
• Remote
• Institutions and campus
• Military
In terms of applications, the remote segment accounted for the major share of the microgrid market during 2017. Our analysts have estimated that this application segment will continue to contribute to the maximum growth of the microgrid industry during the forecast period as well.
Geographical segmentation and analysis of the microgrid market
• Americas
• APAC
• EMEA
Our market research analysts estimate that the Americas will be the major revenue contributor to the microgrid industry throughout the forecast period. The growing energy-efficient power requirements and the rising need for adopting decentralized power systems, will drive the growth of the microgrid market in the Americas.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY APPLICATION
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
Complete Report Available at: http://www.reportsweb.com/global-microgrid-market-2018-2022 .
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