Microgrid Market is expected to Grow at the CAGR of 11.7% During 2016-2022: Brisk Insights

According to a recently published report, the global Microgrid Market has been expected to grow $35billion in terms of revenue till 2022 with the CAGR of 11.7% during 2016-2022. The segmentation of global micro grid market is based on end user, product and regional outlook. The report on global micro grid market forecast 2016-2022 (end user, product and regional outlook) provides detailed overview and predictive analysis of the market.

Full report is available on global micro grid market forecast 2016-2022 (end user, product and regional outlook) report at http://www.briskinsights.com/report/microgrid-market

Renewables, energy storage transform and rejuvenating micro grid market coupled with rapid down fall in the cost of emissions-free renewable energy technology such as solar PV and wind, recent drops in the cost of advanced stationary battery storage technology has transformed the technological make-up of micro grids radically. The global driver to reduce greenhouse gas and carbon emissions, as evidenced by the multilateral climate accord signed by some 195 national governments at the UNFCCC conference in December in Paris, is another significant factor boosting the growth of global microgrid market in renewable energy micro grids.

Micro grid systems are one of the effective means to provide continuous power and will soon find significant applications in the military sector. The military segment consumes high amounts of energy every year and has started focusing on becoming more self-sufficient in terms of energy and power. This will induce regular investments in the development of micro grid projects and the deployment of mobile micro grids for military applications in the coming years. Rising demand for renewable energy and enhancement in military application has been boosting the global microgrid market.

Scope of the report

1. Global Microgrid Market By Grid Type 2012 – 2022 ($ million)
1.1. Grid-Connected Type
1.2. Remote/ Island Type
1.3. Hybrid Type

2. Global Microgrid Market By Component 2012 – 2022 ($ million)
2.1. Generation
2.2. Switch Gear
2.3. Controls
2.4. Cable
2.5. Software & Services

3. Global Microgrid Market By Power Source 2012 – 2022 ($ million)
3.1. Fuel Cell
3.2. CHP
3.3. Renewables
3.3.1. PV Cells
3.3.2. Wind-Based
3.3.3. Others

4. Global Microgrid Market By Vertical 2012 – 2022 ($ million)
4.1. Government & Education
4.1.1. Institution & Research Organization
4.1.2. Government Organization
4.2. Residential & Commercial
4.2.1. Residential
4.2.2. Healthcare
4.2.3. Others
4.3. Industrial
4.4. Military
4.5. Utility

5. Global Microgrid Market Regional Outlook 2012-2022($ million)
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Rest of the world

6. Company Profiles
6.1. ABB Ltd.
6.2. Anbaric Transmission, Llc
6.3. Eaton Corporation PLC
6.4. Exelon Corporation
6.5. General Electric
6.6. Honeywell International, Inc.
6.7. Northern Power Systems Corp.
6.8. NRG Energy, Inc.
6.9. Pareto Energy
6.10. Power Analytics Corporation
6.11. S&C Electric Company
6.12. Siemens AG
6.13. Spirae, Inc.
6.14. Viridity Energy, Inc.
6.15. ZBB Energy Corporation

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