Global Microgrid Competitive Landscape Professional Research Report 2024

Research Summary

A microgrid is a localized and decentralized electrical system that consists of interconnected power sources, loads, and energy storage within a specific geographic area. It operates independently or can be connected to a larger grid when needed. The distinguishing feature of a microgrid is its ability to operate in both grid-connected and islanded modes, meaning it can function autonomously and provide power even if the main grid fails. Microgrids often incorporate renewable energy sources, such as solar panels and wind turbines, along with traditional generators and energy storage systems to enhance reliability, resiliency, and sustainability. They are typically managed by intelligent control systems that optimize the operation and utilization of available resources to meet the local energy demand efficiently. Microgrids find applications in various settings, including remote communities, military installations, campuses, industrial complexes, and disaster-affected areas, where they can provide reliable and clean energy, reduce dependence on the main grid, and enable better energy management and cost savings.

According to DIResearch's in-depth investigation and research, the global Microgrid market size will reach US$ XX Million in 2024, and is expected to reach US$ XX Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ XX Million, accounting for approximately XX% of the world. It is expected to reach US$ XX Million in 2030, and the global share will reach XX%.

The major global manufacturers of Microgrid include ABB, NEC, GE, Aquion Energy, Echelon, Raytheon, SandC Electric, Sunverge Energy, Eaton Corporation, Siemens, Toshiba, General Microgrids, Lockheed Martin etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Microgrid. Focus on analysing the market share, product portfolio, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Microgrid market. The report data covers historical data from 2019 to 2023, base year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Microgrid market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Microgrid industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Microgrid Include:

ABB

NEC

GE

Aquion Energy

Echelon

Raytheon

SandC Electric

Sunverge Energy

Eaton Corporation

Siemens

Toshiba

General Microgrids

Lockheed Martin

Microgrid Product Segment Include:

Grid-Tied

Independent

Microgrid Product Application Include:

Commercial or Industrial Microgrid

Community or Utility Microgrid

Campus or Institutional Microgrid

Military Microgrid

Remote Microgrid

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Microgrid Industry PESTEL Analysis

Chapter 3: Global Microgrid Industry Porter's Five Forces Analysis

Chapter 4: Global Microgrid Major Regional Market Size and Forecast Analysis

Chapter 5: Global Microgrid Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Microgrid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Microgrid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Microgrid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Microgrid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Microgrid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Microgrid Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Microgrid Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources

Table of Contents

1 Microgrid Market Overview

1.1 Product Definition and Statistical Scope

1.2 Microgrid Product by Type

1.2.1 Global Microgrid Market Size by Type, 2023 VS 2024 VS 2030

1.2.2 Grid-Tied

1.2.3 Independent

1.3 Microgrid Product by Application

1.3.1 Global Microgrid Market Size by Application, 2023 VS 2024 VS 2030

1.3.2 Commercial or Industrial Microgrid

1.3.3 Community or Utility Microgrid

1.3.4 Campus or Institutional Microgrid

1.3.5 Military Microgrid

1.3.6 Remote Microgrid

1.4 Global Microgrid Market Revenue Analysis (2019-2030)

1.5 Microgrid Market Development Status and Trends

1.5.1 Microgrid Industry Development Status Analysis

1.5.2 Microgrid Industry Development Trends Analysis

2 Microgrid Market PESTEL Analysis

2.1 Political Factors Analysis

2.2 Economic Factors Analysis

2.3 Social Factors Analysis

2.4 Technological Factors Analysis

2.5 Environmental Factors Analysis

2.6 Legal Factors Analysis

3 Microgrid Market Porter's Five Forces Analysis

3.1 Competitive Rivalry

3.2 Threat of New Entrants

3.3 Bargaining Power of Suppliers

3.4 Bargaining Power of Buyers

3.5 Threat of Substitutes

4 Global Microgrid Market Analysis by Regions

4.1 Microgrid Overall Market: 2023 VS 2024 VS 2030

4.2 Global Microgrid Revenue and Forecast Analysis (2019-2030)

4.2.1 Global Microgrid Revenue and Market Share by Region (2019-2024)

4.2.2 Global Microgrid Revenue Forecast by Region (2025-2030)

5 Global Microgrid Market Size by Type and Application

5.1 Global Microgrid Market Size by Type

5.2 Global Microgrid Market Size by Application

6 North America

6.1 North America Microgrid Market Size and Growth Rate Analysis (2019-2030)

6.2 North America Key Manufacturers Analysis

6.3 North America Microgrid Market Size by Type

6.4 North America Microgrid Market Size by Application

6.5 North America Microgrid Market Size by Country

6.5.1 US

6.5.2 Canada

7 Europe

7.1 Europe Microgrid Market Size and Growth Rate Analysis (2019-2030)

7.2 Europe Key Manufacturers Analysis

7.3 Europe Microgrid Market Size by Type

7.4 Europe Microgrid Market Size by Application

7.5 Europe Microgrid Market Size by Country

7.5.1 Germany

7.5.2 France

7.5.3 United Kingdom

7.5.4 Italy

7.5.5 Spain

7.5.6 Benelux

8 China

8.1 China Microgrid Market Size and Growth Rate Analysis (2019-2030)

8.2 China Key Manufacturers Analysis

8.3 China Microgrid Market Size by Type

8.4 China Microgrid Market Size by Application

9 APAC (excl. China)

9.1 APAC (excl. China) Microgrid Market Size and Growth Rate Analysis (2019-2030)

9.2 APAC (excl. China) Key Manufacturers Analysis

9.3 APAC (excl. China) Microgrid Market Size by Type

9.4 APAC (excl. China) Microgrid Market Size by Application

9.5 APAC (excl. China) Microgrid Market Size by Country

9.5.1 Japan

9.5.2 South Korea

9.5.3 India

9.5.4 Australia

9.5.5 Indonesia

9.5.6 Vietnam

9.5.7 Malaysia

9.5.8 Thailand

10 Latin America

10.1 Latin America Microgrid Market Size and Growth Rate Analysis (2019-2030)

10.2 Latin America Key Manufacturers Analysis

10.3 Latin America Microgrid Market Size by Type

10.4 Latin America Microgrid Market Size by Application

10.5 Latin America Microgrid Market Size by Country

10.5.1 Mecixo

10.5.2 Brazil

11 Middle East & Africa

11.1 Middle East & Africa Microgrid Market Size and Growth Rate Analysis (2019-2030)

11.2 Middle East & Africa Key Manufacturers Analysis

11.3 Middle East & Africa Microgrid Market Size by Type

11.4 Middle East & Africa Microgrid Market Size by Application

11.5 Middle East & Africa Microgrid Market Size by Country

11.5.1 Saudi Arabia

11.5.2 South Africa

12 Market Competition by Manufacturers

12.1 Global Microgrid Market Revenue by Key Manufacturers (2020-2024)

12.2 Microgrid Competitive Landscape Analysis and Market Dynamic

12.2.1 Microgrid Competitive Landscape Analysis

12.2.2 Global Key Manufacturers Headquarter and Key Area Sales

12.2.3 Market Dynamic

13 Key Companies Analysis

13.1 ABB

13.1.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.1.2 ABB Microgrid Product Portfolio

13.1.3 ABB Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.2 NEC

13.2.1 NEC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.2.2 NEC Microgrid Product Portfolio

13.2.3 NEC Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.3 GE

13.3.1 GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.3.2 GE Microgrid Product Portfolio

13.3.3 GE Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.4 Aquion Energy

13.4.1 Aquion Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.4.2 Aquion Energy Microgrid Product Portfolio

13.4.3 Aquion Energy Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.5 Echelon

13.5.1 Echelon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.5.2 Echelon Microgrid Product Portfolio

13.5.3 Echelon Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.6 Raytheon

13.6.1 Raytheon Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.6.2 Raytheon Microgrid Product Portfolio

13.6.3 Raytheon Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.7 SandC Electric

13.7.1 SandC Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.7.2 SandC Electric Microgrid Product Portfolio

13.7.3 SandC Electric Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.8 Sunverge Energy

13.8.1 Sunverge Energy Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.8.2 Sunverge Energy Microgrid Product Portfolio

13.8.3 Sunverge Energy Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.9 Eaton Corporation

13.9.1 Eaton Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.9.2 Eaton Corporation Microgrid Product Portfolio

13.9.3 Eaton Corporation Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.10 Siemens

13.10.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.10.2 Siemens Microgrid Product Portfolio

13.10.3 Siemens Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.11 Toshiba

13.11.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.11.2 Toshiba Microgrid Product Portfolio

13.11.3 Toshiba Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.12 General Microgrids

13.12.1 General Microgrids Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.12.2 General Microgrids Microgrid Product Portfolio

13.12.3 General Microgrids Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

13.13 Lockheed Martin

13.13.1 Lockheed Martin Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)

13.13.2 Lockheed Martin Microgrid Product Portfolio

13.13.3 Lockheed Martin Microgrid Market Data Analysis (Revenue, Gross Margin and Market Share) (2020-2024)

14 Industry Chain Analysis

14.1 Microgrid Industry Chain Analysis

14.2 Microgrid Industry Raw Material and Suppliers Analysis

14.2.1 Upstream Key Raw Material Supply Analysis

14.2.2 Raw Material Suppliers and Contact Information

14.3 Microgrid Typical Downstream Customers

14.4 Microgrid Sales Channel Analysis

15 Research Findings and Conclusion

16 Methodology and Data Source

16.1 Methodology/Research Approach

16.2 Research Scope

16.3 Benchmarks and Assumptions

16.4 Date Source

16.4.1 Primary Sources

16.4.2 Secondary Sources

16.5 Data Cross Validation

16.6 Disclaimer

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