www.alliedmarketresearch.comvWorld Microgrid MarketSize, Share, Global Trends, Company Profiles, Demand, Insights,Analysis, Research, Report, Opportunities, Segmentation andForecast, 2014 - 2020Upcoming Date: July-2015Category: Energy and Power
REPORT OVERVIEWMicrogrids generate power, and in doing so reduce dependence on long distancetransmission lines and cut transmission losses. The microgrid is a combination oftechnologies such as electricity generation, transmission and distribution and is used on asmall scale as compared to the conventional macrogrid. It performs functions such as addingor removing new energy resources without modifying existing components. The microgridmarket is significantly driven by the use of localized sources for power generation, fewer linelosses and the increasing popularity of microgrids in commercial, military and industrialapplications. The launch of dozens of successful pilot programs globally, declining costs ofphotovoltaic (PV) materials and scarcity of electricity in developing countries are creatingopportunities for the microgrid market. Key players in this market are Pareto Energy Ltd.,Viridity Energy, Encorp Inc., and Power Analytics Corp.This market can be segmented on the basis of technology, characteristics, application andgeography. Technology is further segmented according to components and technologytrends. According to characteristics, the market is segmented into hybrid, grid connected andoff-grid. On the basis of application it is divided into commercial/industrial microgrid,Military microgrid and Institutional microgrid. Geographically, the market is segmented intoNorth America, Europe, Asia Pacific and LAMEA. The microgrid market is expected to witnesssubstantial growth in countries such as South Africa, Brazil, China, Russia and India.
KEY BENEFITS• In-depth analysis of the microgrid market which would help stakeholders to betterunderstand market behavior• Based on the current market scenario and expected market trends, estimations through2014-2020 are made to showcase the future prospects of the microgrid market• The report provides information regarding key drivers, restraints and opportunitieswith impact analysis• Analysis of the key strategies adopted by major players operating in the market isprovided• Porter’s Five Forces model and SWOT analysis would provide insights regarding currentmarket conditions and important factors and thereby help stakeholders in makingstrategic decisions• Market segmentation by product design and geography would enable a deeperunderstanding of the current market scenario
MARKET BY TECHNOLOGYFlywheels andSuperCapacitors inStorage SystemPV InverterBatteriesSmart MeterComponentsTrendMARKET BYTECHNOLOGYElectricalSwitch Gears
MARKET BY APPLICATION‣ Commercial/Industrial Microgrid‣ Community/Utility Microgrid‣ Military Microgrid‣ Institutional/Campus Microgrid‣ Others
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