Global Microgrid Market Analysis, Growth, Trends & Forecast 2018-2023 – ResearchAndMarkets.com

May 23, 2018

DUBLIN–(BUSINESS WIRE)–The "Global
Microgrid Market – Growth, Trends, and Forecast (2018 – 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The global demand for energy is expected to increase by 30% between 2017
and 2040, with renewable sources of energy to contribute 40% of the
increase in primary demand. To meet with the growing demand for energy,
numerous new power projects are expected to be implemented across the
globe, resulting in added concerns for grid stability. Countries across
the globe are increasing the deployment of distributed power source, or
microgrids, to reduce the overdependence on power grids and prevent
power blackouts during natural calamities.

The integration of microgrids with wholesale power market is a big boost
for the development of microgrid network in Europe. The widespread
network of microgrid can be integrated with the power network, and the
owners of the microgrid can execute the trading activities.

As part of Japan's policies to boost energy efficiency and power
generation from renewable sources, the country's sustained efforts
toward smart grid deployment is expected to supplement the microgrid
market in the Asia-Pacific region. To increase resiliency against
natural disasters, Japanese cities are moving away from large-scale
power toward microgrids. Higashi-Matsushima, a coastal city that was
stricken by the 2011 earthquake and tsunami, is leading the switch.

Companies Mentioned

  • ABB Ltd
  • Siemens AG
  • Honeywell International Inc.
  • Schneider Electric SE
  • Toshiba Corporation
  • General Electric Company
  • Eaton Corporation Plc
  • S.A.dard Microgrid Inc.
  • Princeton Power Systems Inc.
  • S&C Electric Co.

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness – Porter's Five Force Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

11. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/8s8ck8/global_microgrid?w=4

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Related
Topics: Electricity