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Microgrid Market Share

  • Report ID: GMI1187
  • Published Date: Jul 2022
  • Report Format: PDF
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Microgrid Market Share

Key microgrid market participants include

  • Lockheed Martin Corporation
  • Exelon Corporation
  • Heila Technologies
  • General Microgrids
  • Hitachi Energy Ltd.
  • S&C Electric Company
  • Tesla
  • Advanced Microgrid Systems (AMS)
  • Toshiba Corporation
  • Honeywell International, Inc.
  • ABB
  • Caterpillar
  • Schneider Electric
  • Siemens
  • Eaton
  • General Electric

The leading companies are focusing on strategic acquisitions and partnerships toward the development of advanced & innovative power solutions. Moreover, the growing emphasis on the advancement of electrical infrastructure concerning grid modernization will support the business outlook.

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The global market size of microgrid exceeded USD 17.8 billion in 2023 and is predicted to register a CAGR of more than 20.5% during 2024-2032, says this GMI report.

Grid connected microgrid segment will show a consistent increase due to rising concerns regarding a reliable electricity supply across remote areas that have limited grid connectivity.

Global DC microgrid industry revenue is projected to surpass USD 12 billion by 2030 as there is a growing preference for high-performance and innovative electrical systems along with the continuous deployment of smart power generation solutions.

Lockheed Martin Corporation, Heila Technologies, Exelon Corporation, General Microgrids, S&C Electric Company, and Hitachi Energy Ltd., among others, are the top market players.

Microgrid Market Scope

  • Microgrid Market Size
  • Microgrid Market Analysis
  • Microgrid Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 16
    • Tables & Figures: 1224
    • Countries covered: 24
    • Pages: 660
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