About Microgrid
A microgrid is a smaller type of power grid that has its own collection of power generation assets, energy storage equipment and other distribution equipment necessary to meet local energy needs. A microgrid has the capability to operate with or without being connected to the main power grid, thus making it more resilient and supply power to critical buildings in an event of power outrage.

Technavio’s analysts forecast the global microgrid market to grow at a CAGR of 9.69% during the period 2018-2022.


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



Technavio’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




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




Key Questions Answered in this Report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?





You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.




Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.