Stratview Research has recently published a report on the Microgrid Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2021 to 2026.
Microgrid Market Analysis:
Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Microgrid Market is likely to witness a CAGR of 26.5% during the forecast period.
The market for Microgrid is highly consolidated with the strong presence of key players such as-
- Schneider Electric
- HOMER Energy
- Honeywell International
- Toshiba Corporation
- S&C Electric
- Hitachi ABB Power Grids
- General Microgrids
- Lockheed Martin Corporation
- Heila Technologies
- Exelon Corporation.
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As per the report, the market is segmented by:
· by Connectivity Type (Grid Connected and Off Grid),
· by Grid Type (AC Microgrid, DC Microgrid, and Hybrid),
· by Power Source Type (Diesel Generators, Natural Gas, Solar PV, CHP, and Others),
· by Storage Device Type (Lithium-Ion, Lead Acid, Flow Battery, Flywheel, and Others),
· by Application Type (Healthcare, Educational Institutes, Military, Utility, Industrial/Commercial, Remote, and Others), and
· by Region (North America, Europe, Asia-Pacific, and Rest of the World)
COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the MICROGRID Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.
Sneak peek into the Report:
This report serves as a comprehensive source of market analysis. The report's layout has been kept simple in order to have the most business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.
The following are the report's key features:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market forecast analysis
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends & Key success factors
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