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(IT-NEWSWIRE.COM, July 03, 2019 ) Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.
Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.
Request a sample of “Microgrid Technology Market” report @ http://www.arcognizance.com/enquiry-sample/84741
Scope of the Report:
This report focuses on the Microgrid Technology in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
North America is currently the largest microgrid market, having captured nearly half of all vendor revenue activity. The region holds a nearly identical market share (48.59%) compared with data presented in 2016.
ABB, GE and Echelon captured the top three revenue share spots in the Microgrid market in 2016. ABB dominated with 7.53 percent revenue share, followed by GE with 5.64 percent revenue share and Echelon with 5.03 percent revenue share.
The second place is Asia regions; following North America with the Revenue market share over 27.83% in 2016. Europe is another important consumption market of Microgrid Technology.
Microgrid Technology used in industry including Campus/Institutional Microgrid, Community/Utility Microgrid, Commercial/Industrial Microgrid, Military Microgrid and Remote Microgrid. Report data showed that 41.79% of the Microgrid Technology market demand in Campus/Institutional Microgrid, 24.24% in Commercial/Industrial Microgrid, and 21.28% in Community/Utility Microgrid in 2016.
There are two kinds of Microgrid Technology, which are Grid-Tied Type Microgrid and Independent Type Microgrid. Grid-Tied Type Microgrid is important in the Microgrid Technology, with a Installed Capacity market share nearly 78.30% in 2016.
Brows Report Details: http://www.arcognizance.com/report/global-microgrid-technology-market-by-manufacturers-regions-type-and-application-forecast-to-2023
Briefly speaking, in the next few years, Microgrid Technology industry will still be a rapid development industry. Sales of Microgrid Technology have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The worldwide market for Microgrid Technology is expected to grow at a CAGR of roughly 14.2% over the next five years, will reach 25300 million US$ in 2023, from 11400 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, Microgrid Technology Market report covers:
ABB
GE
Echelon
S&C Electric Co
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae, Inc.
Buy “Microgrid Technology Market” report @ http://www.arcognizance.com/purchase/84741
Microgrid Technology Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacifaic (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Microgrid Technology Market Segment by Type, covers:
Grid-Tied Type Microgrid
Independent Type Microgrid
Microgrid Technology Market Segment by Applications can be divided into:
Commercial/Industrial Microgrid
Community/Utility Microgrid
Campus/Institutional Microgrid
Military Microgrid
Remote Microgrid
Major Points from TOC for Microgrid Technology Market:
1: Microgrid Technology Market Overview
2: Microgrid Technology Market Manufacturers Profiles
3: Global Microgrid Technology Market Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4: Global Microgrid Technology Market Analysis by Regions
5: North America Microgrid Technology Market by Countries
6: Europe Microgrid Technology Market by Countries
7: Asia-Pacific Microgrid Technology Market by Countries
8: South America Microgrid Technology Market by Countries
9: Middle East and Africa Microgrid Technology Market by Countries
10: Global Microgrid Technology Market Segment by Type
11: Global Microgrid Technology Market Segment by Application
12: Microgrid Technology Market Forecast (2018-2023)
13: Microgrid Technology Market Sales Channel, Distributors, Traders and Dealers
14: Microgrid Technology Market Research Findings and Conclusion
15: Microgrid Technology Market Appendix
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