Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Microgrid Market Report by Energy Source (Natural Gas, Combined Heat and Power, Solar Photovoltaic (PV), Diesel, Fuel Cell, and Others), Application (Remote Systems, Institution and Campus, Utility/Community, Defence, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A883
Buy Now
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Microgrid Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Application
5.5 Market Breakup by Energy Source
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Raw Material Suppliers
5.9.2 Sub-Components and Sub-Systems Manufacturers
5.9.3 Microgrid Manufacturers
5.9.4 Microgrid Control
5.9.5 Power Distribution
5.9.6 End-Use Industries
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Energy Source
6.1 Natural Gas
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Combined Heat and Power
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Solar Photovoltaic (PV)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Diesel
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Fuel Cell
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Application
7.1 Remote Systems
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Institution and Campus
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Utility/Community
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Defence
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Asia Pacific
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Europe
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 Microgrid Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Lockheed Martin Corporation
10.3.1.1 Company Overview
10.3.1.2 Description
10.3.1.3 Product Portfolio
10.3.1.4 Financials
10.3.1.5 SWOT Analysis
10.3.2 ABB Ltd
10.3.2.1 Company Overview
10.3.2.2 Description
10.3.2.3 Product Portfolio
10.3.2.4 Financials
10.3.2.5 SWOT Analysis
10.3.3 General Electric Company (GE)
10.3.3.1 Company Overview
10.3.3.2 Description
10.3.3.3 Product Portfolio
10.3.3.4 Financials
10.3.3.5 SWOT Analysis
10.3.4 Eaton Corporation PLC
10.3.4.1 Company Overview
10.3.4.2 Description
10.3.4.3 Product Portfolio
10.3.4.4 Financials
10.3.4.5 SWOT Analysis
10.3.5 Siemens AG
10.3.5.1 Company Overview
10.3.5.2 Description
10.3.5.3 Product Portfolio
10.3.5.4 Financials
10.3.5.5 SWOT Analysis
List of Figures
Figure 1: Global: Microgrid Market: Major Drivers and Challenges
Figure 2: Global: Microgrid Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Microgrid Market: Breakup by Energy Source (in %), 2023
Figure 4: Global: Microgrid Market: Breakup by Application (in %), 2023
Figure 5: Global: Microgrid Market: Breakup by Region (in %), 2023
Figure 6: Global: Microgrid Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 7: Global: Microgrid Industry: SWOT Analysis
Figure 8: Global: Microgrid Industry: Value Chain Analysis
Figure 9: Global: Microgrid Industry: Porter’s Five Forces Analysis
Figure 10: Global: Microgrid (Natural Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Microgrid (Natural Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Microgrid (Combined Heat and Power) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Microgrid (Combined Heat and Power) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Microgrid (Solar Photovoltaic-PV) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Microgrid (Solar Photovoltaic-PV) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Microgrid (Diesel) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Microgrid (Diesel) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Microgrid (Fuel Cell) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Microgrid (Fuel Cell) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Microgrid (Other Energy Sources) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Microgrid (Other Energy Sources) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Microgrid Market (Applications in Remote Systems): Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Microgrid Market Forecast (Applications in Remote Systems): Sales Value (in Million US$), 2024-2032
Figure 24: Global: Microgrid Market (Applications in Institution and Campus): Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Microgrid Market Forecast (Applications in Institution and Campus): Sales Value (in Million US$), 2024-2032
Figure 26: Global: Microgrid Market (Applications in Utility/Community): Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Microgrid Market Forecast (Applications in Utility/Community): Sales Value (in Million US$), 2024-2032
Figure 28: Global: Microgrid Market (Applications in defence): Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Microgrid Market Forecast (Applications in defence): Sales Value (in Million US$), 2024-2032
Figure 30: Global: Microgrid Market (Other Applications): Sales Value (in Million US$), 2018 & 2023
Figure 31: Global: Microgrid Market Forecast (Other Applications): Sales Value (in Million US$), 2024-2032
Figure 32: North America: Microgrid Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: North America: Microgrid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Asia Pacific: Microgrid Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Asia Pacific: Microgrid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Europe: Microgrid Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Europe: Microgrid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Middle East and Africa: Microgrid Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Middle East and Africa: Microgrid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Latin America: Microgrid Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Latin America: Microgrid Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Microgrid System: Interconnections Between Major Sub-Components and Sub-Systems of a Microgrid
List of Tables
Table 1: Global: Microgrid Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Microgrid Market Forecast: Breakup by Energy Source (in Million US$), 2024-2032
Table 3: Global: Microgrid Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Microgrid Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Microgrid: Sub-Components and Sub-Systems Requirements
Table 6: Global: Microgrid Market: Competitive Structure
Table 7: Global: Microgrid Market: Key Players
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More