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North America Microgrid Market Share

  • Report ID: GMI2833
  • Published Date: Nov 2022
  • Report Format: PDF
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North America Microgrid Market Share

Top companies operating in the North American microgrid industry are:

  • General Electric
  • Eaton
  • ABB
  • Siemens
  • Schneider Electric
  • Honeywell
  • Caterpillar
  • Toshiba Corporation
  • Tesla
  • S&C Electric Company
  • Advanced Microgrid Systems
  • Helia Technologies
  • Hitachi Energy Ltd
  • General Microgrids
  • Exelon Corporation

These leaders are focusing on product innovation and other strategies to expand their customer base and reinforce their presence in the market.
 

For example, in September 2022, Siemens unveiled the innovative technology behind the Smartflower MG, an educational microgrid in Canada. This innovative technique was intended to provide students a deeper understanding of green technology, grid management, data analytics, and solar power and allow the company to establish a strong footprint in the regional industry.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of North America microgrid crossed USD 3 billion in 2021 and is set to depict over 14% CAGR through 2022-2030, due to the aging grid infrastructure.

The DC microgrid segment is expected to reach over 1.5-GW in capacity by 2030, owing to the integration of power-generating sources such as diesel generators, CHP plants, and PV arrays.

The Canada market is slated to grow at CAGR of over 18% CAGR through 2030, given the shifting preference toward clean energy networks and focus on power supply infrastructure development.

General Electric, Eaton, ABB, Siemens, Schneider Electric, Honeywell, Caterpillar, S&C Electric Company, Advanced Microgrid Systems, General Microgrids, and Exelon Corporation are some of the key players in the industry.

North America Microgrid Market Scope

  • North America Microgrid Market Size
  • North America Microgrid Market Analysis
  • North America Microgrid Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 15
    • Tables & Figures: 326
    • Countries covered: 3
    • Pages: 215
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