1 INTRODUCTION 19
1.1 STUDY OBJECTIVES 19
1.2 DEFINITION 19
1.3 STUDY SCOPE 20
1.3.1 MARKETS COVERED 20
1.3.2 GEOGRAPHIC SCOPE 20
1.3.3 YEARS CONSIDERED FOR THIS STUDY 21
1.4 CURRENCY 21
1.5 LIMITATIONS 21
1.6 STAKEHOLDERS 21

2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 24
2.1.2 PRIMARY DATA 24
2.1.2.1 Key data from primary sources 25
2.1.2.2 Key industry insights 25
2.1.2.3 Breakdown of primaries 26
2.2 MARKET SIZE ESTIMATION 26
2.2.1 BOTTOM-UP APPROACH 27
2.2.2 TOP-DOWN APPROACH 27
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 28
2.4 ASSUMPTIONS 29

3 EXECUTIVE SUMMARY 30

4 PREMIUM INSIGHTS 35
4.1 ATTRACTIVE OPPORTUNITIES FOR MICROGRID MARKET GROWTH 35
4.2 MICROGRID MARKET, BY TYPE 35
4.3 MICROGRID MARKET, BY OFFERING 36
4.4 MICROGRID MARKET, BY HARDWARE 36
4.5 MICROGRID MARKET IN APAC, BY VERTICAL AND COUNTRY 37
4.6 GEOGRAPHIC ANALYSIS OF MICROGRID MARKET 38
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5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 39
5.2.1 DRIVERS 40
5.2.1.1 Increasing demand for reliable and secure power supply worldwide 40
5.2.1.2 Widespread industrialization and population growth fueling demand for energy storage systems 41
5.2.1.3 Government initiatives to reduce carbon footprint 41
5.2.1.4 Convergence of IoT in enhancing microgrid connectivity 42
5.2.1.5 Advantages of cheap and clean energy storage 42
5.2.2 RESTRAINTS 43
5.2.2.1 High installation and maintenance cost of microgrids 43
5.2.2.2 Lack of knowledge about procedures to secure license rights for connecting multisite microgrids 44
5.2.2.3 Land acquisition and registration procedures creating complications for solar PV plant installations in rural areas 44
5.2.3 OPPORTUNITIES 45
5.2.3.1 Rising electrification projects in rural areas of APAC and Africa 45
5.2.3.2 Growing demand for microgrids in healthcare, military, and government sectors worldwide 45
5.2.3.3 Increasing government investments in microgrid projects 46
5.2.4 CHALLENGES 46
5.2.4.1 Dynamic government policies, regulations, and standards worldwide 46
5.2.4.2 Interoperability and compatibility issues due to large number of components/devices 46
5.2.4.3 Operational, technological, and security risks associated with microgrids 47

6 INDUSTRY TRENDS 48
6.1 VALUE CHAIN ANALYSIS 48
6.1.1 DESIGN/RESEARCH AND DEVELOPMENT (R&D) 49
6.1.2 RAW MATERIAL/COMPONENT SUPPLIERS AND SYSTEM INTEGRATORS 49
6.1.3 MARKETING 49
6.1.4 PROJECT DEVELOPMENT AND CONSTRUCTION 49
6.1.5 PROJECT FINANCING 49
6.1.6 END USER 49
6.1.7 AFTER-SALES SERVICES 50
6.2 KEY TRENDS: MICROGRID MARKET 50
6.3 REGULATORY STANDARDS 50
6.4 STORAGE NECESSITY FOR MICROGRIDS 51
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7 MICROGRID MARKET, BY TYPE 52
7.1 INTRODUCTION 53
7.2 GRID CONNECTED 54
7.3 REMOTE/ISLAND/OFF-GRID 58

8 MICROGRID MARKET, BY OFFERING 63
8.1 INTRODUCTION 64
8.2 HARDWARE 65
8.2.1 SWITCHGEAR 67
8.2.2 POWER INVERTER 68
8.2.3 SMART METER 68
8.2.4 RECIPROCATING ENGINE 69
8.2.5 ENERGY STORAGE SYSTEM AND POWER GENERATOR 70
8.2.5.1 Power generator 71
8.2.5.1.1 Nonrenewables 71
8.2.5.1.1.1 Fuel cells and diesel gensets 71
8.2.5.1.1.2 CHP and micro-CHP 72
8.2.5.1.1.3 Microturbines 72
8.2.5.1.2 Renewables 73
8.2.5.1.2.1 PV cells 73
8.2.5.1.2.2 Wind based 74
8.2.5.1.2.3 Others 74
8.2.5.1.3 Energy storage system 74
8.2.5.1.3.1 Lithium-ion batteries 76
8.2.5.1.3.2 Lead-acid batteries 76
8.2.5.1.3.3 Flywheels 76
8.2.5.1.3.4 Flow batteries 76
8.2.5.1.3.5 Others 77
8.3 SOFTWARE 77
8.3.1 SOFTWARE AS A SERVICE (SAAS) 78
8.4 SERVICES 78
8.4.1 ENGINEERING AND DESIGN 79
8.4.2 MONITORING AND CONTROL 79
8.4.3 OPERATIONS AND MAINTENANCE 80

9 CONSUMPTION PATTERN 81
9.1 INTRODUCTION 81
9.2 URBAN/METROPOLITAN 81
9.3 SEMIURBAN 82
9.4 RURAL/ISLAND 82
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10 MICROGRID MARKET, BY VERTICAL 84
10.1 INTRODUCTION 85
10.2 EDUCATIONAL INSTITUTES 86
10.3 INDUSTRIAL 88
10.3.1 MINING 90
10.3.2 OTHERS 91
10.4 MILITARY 91
10.5 HEALTHCARE 93
10.6 GOVERNMENT & UTILITIES 95
10.6.1 URBAN ELECTRIFICATION 96
10.6.2 RURAL ELECTRIFICATION 97
10.7 OTHERS 99

11 MICROGRID MARKET, GEOGRAPHIC ANALYSIS 101
11.1 INTRODUCTION 102
11.2 AMERICAS 104
11.2.1 NORTH AMERICA 107
11.2.1.1 US 109
11.2.1.2 Others 109
11.2.2 REST OF AMERICAS 110
11.3 EUROPE 111
11.3.1 UK 114
11.3.2 GERMANY 114
11.3.3 FRANCE 115
11.3.4 RUSSIA 115
11.3.5 REST OF EUROPE 115
11.4 APAC 116
11.4.1 CHINA 119
11.4.2 JAPAN 119
11.4.3 INDIA 120
11.4.4 AUSTRALIA 121
11.4.5 REST OF APAC 121
11.5 ROW 121
11.5.1 MIDDLE EAST 122
11.5.2 AFRICA 123
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12 COMPETITIVE LANDSCAPE 124
12.1 OVERVIEW 124
12.2 RANKING OF PLAYERS (2016) 125
12.3 COMPETITIVE SCENARIO 126
12.3.1 PRODUCT LAUNCHES AND DEVELOPMENTS 127
12.3.2 AGREEMENTS, PARTNERSHIPS, AND CONTRACTS 128
12.3.3 EXPANSIONS 131
12.3.4 MERGERS AND ACQUISITIONS 132

13 COMPANY PROFILES 133
(Business Overview, Products/Solutions/Services/Software offered Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.1 KEY PLAYERS 133
13.1.1 ABB 133
13.1.2 GENERAL ELECTRIC 138
13.1.3 EATON 142
13.1.4 SIEMENS 145
13.1.5 SCHNEIDER ELECTRIC 148
13.1.6 HONEYWELL 151
13.1.7 HOMER ENERGY 153
13.1.8 S&C ELECTRIC 155
13.1.9 POWER ANALYTICS 157
13.1.10 EXELON CORPORATION 160
13.2 OTHER IMPORTANT PLAYERS 162
13.2.1 PARETO ENERGY 162
13.2.2 ANBARIC TRANSMISSION 162
13.2.3 TESLA 163
13.2.4 SPIRAE 164
13.2.5 GENERAL MICROGRIDS 164
13.3 KEY INNOVATORS 165
13.3.1 GRAM POWER 165
13.3.2 POWERHIVE 165
13.3.3 ADVANCED MICROGRID SOLUTIONS 166
13.3.4 GO ELECTRIC 166
13.3.5 DAJIE 167
*Details on Business Overview, Products/Solutions/Services/Software offered Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
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14 APPENDIX 168
14.1 INSIGHTS FROM INDUSTRY EXPERTS 168
14.2 DISCUSSION GUIDE 169
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 172
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 174
14.5 AVAILABLE CUSTOMIZATIONS 176
14.6 RELATED REPORTS 176
14.7 AUTHOR DETAILS 177