1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 MARKET DEFINITION 32
1.2.1 INCLUSIONS AND EXCLUSIONS: OFFERING SEGMENT 33
1.2.2 INCLUSIONS AND EXCLUSIONS: OTHER SEGMENTS 33
1.3 STUDY SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 MICROGRID MARKET SEGMENTATION 34
1.3.2 REGIONAL SCOPE 34
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY CONSIDERED 35
1.5 UNITS CONSIDERED 35
1.6 LIMITATIONS 35
1.7 STAKEHOLDERS 36
1.8 SUMMARY OF CHANGES 36
1.8.1 IMPACT OF RECESSION 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 2 MICROGRID MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION 38
FIGURE 3 MICROGRID MARKET: RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 40
2.1.1.1 Major secondary sources 40
2.1.1.2 Key data from secondary sources 41
2.1.2 PRIMARY DATA 41
2.1.2.1 Primary interviews with experts 42
2.1.2.2 List of key primary interview participants 42
2.1.2.3 Breakdown of primaries 42
2.1.2.4 Key data from primary sources 43
2.1.3 SECONDARY AND PRIMARY RESEARCH 44
2.1.3.1 Key industry insights 44
2.2 MARKET SIZE ESTIMATION 45
2.2.1 BOTTOM-UP APPROACH 45
2.2.1.1 Approach to arrive at market size using bottom-up analysis 45
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 45
2.2.1.2 Approach to obtain company-specific information on microgrid value chain 46
2.2.2 TOP-DOWN APPROACH 46
2.2.2.1 Approach to arrive at market size using top-down analysis 46
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 46
2.3 FACTOR ANALYSIS 47
2.3.1 SUPPLY-SIDE ANALYSIS 47
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED FROM SALE OF MICROGRIDS 47
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED FROM SALE OF MICROGRID HARDWARE, SOFTWARE, AND SERVICES 48
2.3.2 DEMAND-SIDE ANALYSIS 49
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE): BOTTOM-UP APPROACH FOR ESTIMATING MICROGRID MARKET SIZE BASED ON REGION 49
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY (DEMAND-SIDE): APPROACH FOR ESTIMATING COUNTRY-LEVEL MICROGRID MARKET SIZE 50
2.3.3 GROWTH FORECAST ASSUMPTIONS 51
TABLE 1 MICROGRID MARKET: KEY FORECAST ASSUMPTIONS 51
2.4 DATA TRIANGULATION 52
FIGURE 10 MICROGRID MARKET: DATA TRIANGULATION METHODOLOGY 52
2.5 RESEARCH ASSUMPTIONS 53
TABLE 2 KEY ASSUMPTIONS: MACRO- AND MICRO-ECONOMIC ENVIRONMENT 53
2.6 RISK ASSESSMENT 54
FIGURE 11 RISK ASSESSMENT 54
2.7 RECESSION IMPACT 55
3 EXECUTIVE SUMMARY 56
FIGURE 12 MICROGRID MARKET SIZE, 2019–2028 (USD BILLION) 57
FIGURE 13 GRID-CONNECTED SEGMENT TO DOMINATE MICROGRID MARKET IN 2028 57
FIGURE 14 HARDWARE SEGMENT TO LEAD MICROGRID MARKET IN 2028 58
FIGURE 15 POWER GENERATORS SEGMENT TO HOLD LARGEST SHARE OF MICROGRID HARDWARE MARKET FROM 2023 TO 2028 58
FIGURE 16 COMMERCIAL & INDUSTRIAL BUILDINGS SEGMENT TO HOLD LARGEST SHARE OF MICROGRID MARKET IN 2028 59
FIGURE 17 MICROGRIDS WITH POWER RATINGS FROM 1 TO 5 MW TO HOLD LARGEST MARKET SHARE IN 2028 60
FIGURE 18 MICROGRID MARKET IN ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 61
4 PREMIUM INSIGHTS 62
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MICROGRID MARKET 62
FIGURE 19 INCREASING DEMAND FOR RURAL ELECTRIFICATION AND MINIMIZING GREENHOUSE GAS EMISSIONS TO DRIVE MICROGRID MARKET 62
4.2 MICROGRID MARKET, BY OFFERING 62
FIGURE 20 HARDWARE SEGMENT TO HOLD LARGEST SHARE OF MICROGRID MARKET IN 2028 62
4.3 MICROGRID MARKET, BY HARDWARE TYPE 63
FIGURE 21 POWER GENERATORS SEGMENT TO LEAD MICROGRID HARDWARE MARKET FROM 2023 TO 2028 63
4.4 MICROGRID MARKET, BY CONNECTIVITY 63
FIGURE 22 GRID-CONNECTED MICROGRIDS SEGMENT TO DOMINATE MARKET FROM 2023 TO 2028 63
4.5 MICROGRID MARKET, BY POWER RATING 64
FIGURE 23 MICROGRIDS WITH POWER RATINGS FROM 1 TO 5 MW TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028 64
4.6 MICROGRID MARKET, BY END USER 64
FIGURE 24 COMMERCIAL & INDUSTRIAL BUILDINGS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MICROGRID MARKET FROM 2019 TO 2028 64
4.7 MICROGRID MARKET, BY REGION 65
FIGURE 25 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE OF MICROGRID MARKET IN 2028 65
5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 26 MICROGRID MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 66
5.2.1 DRIVERS 67
5.2.1.1 Increasing emphasis on decarbonization 67
5.2.1.2 Growing need for reliable and uninterrupted power supply 67
5.2.1.3 Surging deployment of microgrids for rural electrification 68
5.2.1.4 Growing instances of cyberattacks on energy infrastructure 68
5.2.1.5 Rising demand for EV charging infrastructure 69
5.2.1.6 Increasing need for demand response and load management capabilities 69
FIGURE 27 DRIVERS AND THEIR IMPACT ON MICROGRID MARKET 70
5.2.2 RESTRAINTS 70
5.2.2.1 Huge installation and maintenance costs of microgrids 70
5.2.2.2 Complexities in grid interconnections 71
FIGURE 28 RESTRAINTS AND THEIR IMPACT ON MICROGRID MARKET 71
5.2.3 OPPORTUNITIES 71
5.2.3.1 Increasing number of microgrid projects across different industries 71
5.2.3.2 Surging energy demand and adoption of renewable energy in Asia Pacific 72
5.2.3.3 Growing interest of investors in EaaS business model to minimize cost 72
TABLE 3 BUSINESS MODEL OF COMPANIES IN MICROGRID ECOSYSTEM 73
5.2.3.4 Rising government support for microgrid projects 73
5.2.3.5 Digitalization and smart grid integration 73
FIGURE 29 OPPORTUNITIES AND THEIR IMPACT ON MICROGRID MARKET 74
5.2.4 CHALLENGES 74
5.2.4.1 Lack of standardization and regulatory frameworks related to microgrid operations 74
5.2.4.2 Technical challenges of microgrids operating in island mode 74
5.2.4.3 Complexities in standardizing scalability of microgrids 75
FIGURE 30 CHALLENGES AND THEIR IMPACT ON MICROGRID MARKET 75
5.3 VALUE CHAIN ANALYSIS 75
FIGURE 31 MICROGRID MARKET: VALUE CHAIN ANALYSIS, 2022 76
5.4 MICROGRID MARKET ECOSYSTEM 77
FIGURE 32 MICROGRID MARKET: ECOSYSTEM 78
TABLE 4 MICROGRID MARKET: ECOSYSTEM 79
FIGURE 33 KEY PLAYERS IN MICROGRID MARKET ECOSYSTEM 80
5.5 PRICING ANALYSIS 80
FIGURE 34 AVERAGE PRICE OF MICROGRIDS, BY END USER AND PROJECT SIZE 80
TABLE 5 AVERAGE PRICE OF MICROGRID PROJECTS FOR TOP THREE APPLICATIONS (USD MILLION/MW) 81
5.5.1 PRICING TREND 81
FIGURE 35 MICROGRID MARKET: COST OF MICROGRID PROJECTS 81
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 81
FIGURE 36 REVENUE SHIFT IN MICROGRID MARKET 82
5.7 TECHNOLOGY ANALYSIS 82
5.7.1 BLOCKCHAIN-BASED MICROGRIDS 82
5.7.2 SMART MICROGRIDS 82
5.7.3 AI-BASED MICROGRIDS 83
5.7.4 VIRTUAL POWER PLANTS (VPPS) 83
5.7.5 MICROGRID SMART CONTROLLERS 84
5.7.6 ADVANCED MATERIALS FOR MICROGRIDS 84
5.8 PORTER’S FIVE FORCES ANALYSIS 84
TABLE 6 IMPACT OF PORTER’S FIVE FORCES ON MICROGRID MARKET 85
FIGURE 37 MICROGRID MARKET: PORTER’S FIVE FORCES ANALYSIS 85
5.8.1 THREAT OF NEW ENTRANTS 86
5.8.2 THREAT OF SUBSTITUTES 86
5.8.3 BARGAINING POWER OF SUPPLIERS 86
5.8.4 BARGAINING POWER OF BUYERS 87
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 87
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 88
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 88
FIGURE 38 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS 88
TABLE 7 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS (%) 88
5.9.2 BUYING CRITERIA 89
FIGURE 39 KEY BUYING CRITERIA FOR TOP THREE END USERS 89
TABLE 8 KEY BUYING CRITERIA FOR TOP THREE END USERS 89
5.10 CASE STUDIES 90
5.10.1 GE PROVIDED CAMPUS-BASED MICROGRID SYSTEM TO UNIVERSITY OF ONTARIO INSTITUTE OF TECHNOLOGY (CANADA) 90
5.10.2 GE PROVIDED RESILIENT AND RELIABLE POWER SUPPLY SYSTEMS FOR NAVY SHIPYARD PROJECT IN PHILADELPHIA (US) 90
5.10.3 SOLAR ONE ENERGY USED HOMER GRID TO MODEL ENERGY COSTS FOR ACE NATURAL 90
5.10.4 S&C ELECTRIC COMPANY PROVIDED ENERGY STORAGE INTEGRATOR FOR MICROGRID PROJECT BY HALF MOON VENTURES 91
5.10.5 S&C ELECTRIC COMPANY PROVIDED ENERGY STORAGE SYSTEMS FOR MICROGRIDS OF ERGON ENERGY 92
5.10.6 AEG POWER SOLUTIONS PROVIDED GRID-FORMING INVERTER FOR UNINTERRUPTED POWER SUPPLY TO MBOGO VALLEY TEA FACTORY 93
5.10.7 HITACHI ENERGY PROVIDED AFFORDABLE POWER TO SOUTH AFRICA 93
5.11 TRADE ANALYSIS 94
TABLE 9 IMPORT DATA FOR ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS), HS CODE: 8501 (USD MILLION) 94
FIGURE 40 ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS), IMPORT VALUES FOR MAJOR COUNTRIES, 2018–2022 95
TABLE 10 EXPORT DATA FOR ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS), HS CODE: 8501 (USD MILLION) 95
FIGURE 41 ELECTRIC MOTORS AND GENERATORS (EXCLUDING GENERATING SETS), EXPORT VALUES FOR MAJOR COUNTRIES, 2018–2022 96
TABLE 11 IMPORT DATA FOR ELECTRONIC-INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS, HS CODE: 854231 (USD MILLION) 96
FIGURE 42 ELECTRONIC-INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS, IMPORT VALUES FOR MAJOR COUNTRIES, 2018–2022 97
TABLE 12 EXPORT DATA FOR ELECTRONIC-INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS, HS CODE: 854231 (USD MILLION) 97
FIGURE 43 ELECTRONIC-INTEGRATED CIRCUITS AS PROCESSORS AND CONTROLLERS, EXPORT VALUES FOR MAJOR COUNTRIES, 2018–2022 98
5.12 PATENT ANALYSIS 98
FIGURE 44 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 98
FIGURE 45 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022 99
TABLE 13 NUMBER OF PATENTS RELATED TO MICROGRID MARKET REGISTERED IN LAST 10 YEARS 99
TABLE 14 LIST OF KEY PATENTS IN MICROGRID MARKET, 2020–2023 100
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 103
TABLE 15 MICROGRID MARKET: LIST OF CONFERENCES AND EVENTS 103
5.14 REGULATORY LANDSCAPE 105
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 105
TABLE 16 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 105
5.14.2 CODES AND STANDARDS RELATED TO MICROGRIDS 106
TABLE 17 CODES AND STANDARDS RELATED TO MICROGRIDS 106
5.14.3 STANDARDS AND REGULATIONS RELATED TO MICROGRID MARKET 107
5.14.3.1 North America 107
5.14.3.1.1 US 107
5.14.3.1.2 Canada 108
5.14.3.2 Europe 108
5.14.3.2.1 European Union 108
5.14.3.2.2 Germany 108
5.14.3.2.3 UK 108
5.14.3.3 Asia Pacific 108
5.14.3.3.1 China 108
5.14.3.3.2 India 108
5.14.3.3.3 Japan 108
5.14.3.3.4 Australia 109
5.14.3.4 Rest of the World 109
5.14.3.4.1 Brazil 109
5.14.3.4.2 Kenya 109
6 MICROGRID MARKET, BY TYPE 110
6.1 INTRODUCTION 110
FIGURE 46 MICROGRID MARKET, BY TYPE 110
6.2 AC MICROGRIDS 110
6.2.1 RISING NEED FOR RURAL AND REMOTE ELECTRIFICATION TO DRIVE MARKET 110
6.3 DC MICROGRIDS 112
6.3.1 HIGHER DEMAND FROM DATA CENTERS TO PROPEL MARKET 112
6.4 HYBRID MICROGRIDS 113
6.4.1 GRID INDEPENDENCE AND ISLANDING CAPABILITIES TO BOOST MARKET 113
7 MICROGRID MARKET, BY PATTERN 115
7.1 INTRODUCTION 115
FIGURE 47 MICROGRID MARKET, BY PATTERN 115
7.2 URBAN/METROPOLITAN 115
7.2.1 INCREASING POWER REQUIREMENT IN CRITICAL INFRASTRUCTURE TO BOOST MARKET 115
FIGURE 48 DRIVERS OF MICROGRID MARKET IN URBAN/METROPOLITAN AREAS 117
7.3 SEMI-URBAN 117
7.3.1 GROWING NEED FOR UNINTERRUPTED POWER SUPPLY IN INDUSTRIAL FACILITIES TO DRIVE MARKET 117
7.4 RURAL/ISLAND 118
7.4.1 RISING DEMAND FOR POWER SUPPLY TO REMOTE AREAS AND AGRICULTURAL APPLICATIONS TO FUEL MARKET GROWTH 118
8 MICROGRID MARKET, BY CONNECTIVITY 120
8.1 INTRODUCTION 121
FIGURE 49 MICROGRID MARKET, BY CONNECTIVITY 121
TABLE 18 MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 121
FIGURE 50 GRID-CONNECTED MICROGRIDS TO RECORD HIGHER CAGR DURING FORECAST PERIOD 122
TABLE 19 MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 122
8.2 GRID-CONNECTED 123
8.2.1 EXPANSION OF UTILITY-BASED GRID NETWORKS TO DRIVE MARKET 123
TABLE 20 GRID-CONNECTED: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 124
FIGURE 51 ASIA PACIFIC TO EXHIBIT FASTEST GROWTH IN GRID-CONNECTED MICROGRID MARKET DURING FORECAST PERIOD 124
TABLE 21 GRID-CONNECTED: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 124
8.3 OFF-GRID 125
8.3.1 COST SAVINGS AND ENVIRONMENT-FRIENDLY BENEFITS OF USING RENEWABLE ENERGY SOURCES TO SUPPORT MARKET GROWTH 125
TABLE 22 OFF-GRID: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 126
FIGURE 52 ASIA PACIFIC TO HOLD LARGEST SHARE OF OFF-GRID MICROGRID MARKET IN 2028 126
TABLE 23 OFF-GRID: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 127
9 MICROGRID MARKET, BY OFFERING 128
9.1 INTRODUCTION 129
FIGURE 53 MICROGRID MARKET, BY OFFERING 129
TABLE 24 MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 129
FIGURE 54 SOFTWARE SEGMENT TO RECORD FASTEST GROWTH RATE DURING FORECAST PERIOD 130
TABLE 25 MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 130
9.2 HARDWARE 130
FIGURE 55 MICROGRID HARDWARE MARKET, BY TYPE 131
TABLE 26 HARDWARE: MICROGRID MARKET, BY TYPE, 2019–2022 (USD BILLION) 131
FIGURE 56 POWER GENERATORS TO HOLD LARGEST MARKET SHARE IN 2028 131
TABLE 27 HARDWARE: MICROGRID MARKET, BY TYPE, 2023–2028 (USD BILLION) 132
TABLE 28 HARDWARE: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 132
FIGURE 57 MICROGRID HARDWARE MARKET IN ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 133
TABLE 29 HARDWARE: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 133
9.2.1 POWER GENERATORS 133
9.2.1.1 Increasing need to achieve reliable electricity supply from different fuel sources to boost segment 133
TABLE 30 POWER GENERATORS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 135
TABLE 31 POWER GENERATORS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 135
9.2.2 ENERGY STORAGE SYSTEMS 135
9.2.2.1 Growing requirement for energy storage for uninterrupted power supply to propel segment 135
TABLE 32 ENERGY STORAGE SYSTEMS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 136
TABLE 33 ENERGY STORAGE SYSTEMS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 136
9.2.2.2 Lithium-ion batteries 137
9.2.2.3 Lead-acid batteries 137
9.2.2.4 Flow batteries 138
9.2.2.5 Flywheels 139
9.2.2.6 Others 140
9.2.3 CONTROLLERS 141
9.2.3.1 Rising need for automation to support segment growth 141
TABLE 34 CONTROLLERS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 142
TABLE 35 CONTROLLERS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 142
9.3 SOFTWARE 143
9.3.1 INCREASING DEMAND FOR PREDICTIVE AND REMOTE MAINTENANCE TO PROPEL SEGMENT 143
TABLE 36 SOFTWARE: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 144
FIGURE 58 MICROGRID SOFTWARE MARKET IN AMERICAS TO ACCOUNT FOR LARGEST SHARE IN 2028 145
TABLE 37 SOFTWARE: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 145
9.4 SERVICES 146
9.4.1 GROWING NUMBER OF MICROGRID INSTALLATIONS TO CREATE NEW OPPORTUNITIES FOR SEGMENT 146
TABLE 38 SERVICES: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 147
FIGURE 59 MICROGRID SERVICES MARKET IN ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 147
TABLE 39 SERVICES: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 148
10 MICROGRID MARKET, BY POWER RATING 149
10.1 INTRODUCTION 150
TABLE 40 MICROGRID MARKET, BY POWER RATING, 2019–2022 (USD BILLION) 150
FIGURE 60 MICROGRIDS WITH 1 TO 5 MW POWER RATING TO HOLD LARGEST MARKET SHARE IN 2028 150
TABLE 41 MICROGRID MARKET, BY POWER RATING, 2023–2028 (USD BILLION) 151
10.2 <1 MW 151
10.2.1 INCREASING USE IN REMOTE AREAS, UTILITIES, AND TEMPORARY CONSTRUCTION SITES TO DRIVE DEMAND 151
10.3 1 TO 5 MW 152
10.3.1 RISING DEPLOYMENT IN AGRICULTURE, COMMERCIAL BUILDINGS, AND INSTITUTIONS TO BOOST MARKET 152
10.4 >5 TO 10 MW 152
10.4.1 HIGH ADOPTION IN HOSPITALS AND DATA CENTERS TO PROPEL MARKET 152
10.5 >10 MW 153
10.5.1 SURGING DEMAND FROM REMOTE MINING AND HEAVY MACHINERY SECTORS TO FUEL MARKET GROWTH 153
11 MICROGRID MARKET, BY POWER SOURCE 154
11.1 INTRODUCTION 154
FIGURE 61 MICROGRID MARKET, BY POWER SOURCE 154
FIGURE 62 GLOBAL MICROGRID PROJECT DEPLOYMENT TREND, BY POWER SOURCE, 2023 VS. 2028 155
11.2 NATURAL GAS 155
11.2.1 INCREASING NEED FOR CLEANER ENERGY SOLUTIONS OVER COAL AND OIL TO DRIVE SEGMENT 155
11.3 SOLAR PV 156
11.3.1 REDUCED GREENHOUSE GAS EMISSIONS AND LOWER CARBON FOOTPRINT TO PROPEL SEGMENT 156
11.4 COMBINED HEAT AND POWER 157
11.4.1 INCREASING DEMAND FOR COGENERATION IN UNIVERSITIES/INSTITUTIONS TO BOOST SEGMENT 157
11.5 DIESEL 158
11.5.1 RISING DEMAND FOR RELIABLE ELECTRICITY SUPPLY DURING POWER OUTAGES TO SUPPORT SEGMENT GROWTH 158
11.6 FUEL CELLS 159
11.6.1 INCREASED AVAILABILITY OF AND ACCESSIBILITY TO HYDROGEN TO FUEL SEGMENT GROWTH 159
11.7 OTHERS 160
12 MICROGRID MARKET, BY END USER 161
12.1 INTRODUCTION 162
FIGURE 63 MICROGRID MARKET, BY END USER 162
TABLE 42 MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 163
FIGURE 64 COMMERCIAL & INDUSTRIAL BUILDINGS SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 163
TABLE 43 MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 164
12.2 COMMERCIAL & INDUSTRIAL BUILDINGS 164
12.2.1 INCREASING DEMAND FOR UNINTERRUPTED ELECTRICITY SUPPLY IN DATA CENTERS, MANUFACTURING FACILITIES, AND OFFICES TO DRIVE MARKET 164
TABLE 44 COMMERCIAL & INDUSTRIAL BUILDINGS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 165
FIGURE 65 COMMERCIAL & INDUSTRIAL BUILDINGS SEGMENT IN ASIA PACIFIC TO RECORD FASTEST GROWTH DURING FORECAST PERIOD 166
TABLE 45 COMMERCIAL & INDUSTRIAL BUILDINGS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 166
12.3 REMOTE AREAS 167
12.3.1 SURGE IN DEPLOYMENT OF MICROGRID PROJECTS IN REMOTE AREAS FOR ENERGY DISTRIBUTION TO BOOST MARKET 167
TABLE 46 REMOTE AREAS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 168
FIGURE 66 REMOTE AREAS SEGMENT IN ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 168
TABLE 47 REMOTE AREAS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 168
12.4 MILITARY FACILITIES 169
12.4.1 INCREASING USAGE OF MOBILE MICROGRIDS TO PROPEL SEGMENT 169
TABLE 48 MILITARY FACILITIES: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 169
FIGURE 67 MILITARY FACILITIES SEGMENT IN ASIA PACIFIC TO HOLD LARGEST MARKET SHARE IN 2028 170
TABLE 49 MILITARY FACILITIES: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 170
12.5 GOVERNMENT BUILDINGS 171
12.5.1 INTEGRATION OF MICROGRIDS IN SMART CITY PROJECTS TO BOOST SEGMENT 171
TABLE 50 GOVERNMENT BUILDINGS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 171
FIGURE 68 GOVERNMENT BUILDINGS SEGMENT IN ASIA PACIFIC TO EXHIBIT FASTEST GROWTH DURING FORECAST PERIOD 172
TABLE 51 GOVERNMENT BUILDINGS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 172
12.6 UTILITIES 173
12.6.1 NEED FOR LESS EXPENSIVE ALTERNATIVES TO MEET PEAK DEMAND REQUIREMENTS TO FUEL SEGMENT 173
TABLE 52 UTILITIES: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 173
FIGURE 69 UTILITIES SEGMENT IN AMERICAS TO DOMINATE MARKET IN 2028 174
TABLE 53 UTILITIES: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 174
12.7 INSTITUTES & CAMPUSES 174
12.7.1 INCREASED ADOPTION OF LOCALIZED POWER GENERATION IN CAMPUSES TO SUPPORT SEGMENT GROWTH 174
TABLE 54 INSTITUTES & CAMPUSES: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 175
FIGURE 70 INSTITUTES & CAMPUSES SEGMENT IN AMERICAS TO HOLD SECOND LARGEST MARKET SHARE IN 2028 176
TABLE 55 INSTITUTES & CAMPUSES: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 176
12.8 HEALTHCARE FACILITIES 177
12.8.1 REQUIREMENT FOR UNINTERRUPTED POWER SUPPLY IN HEALTHCARE FACILITIES TO DRIVE SEGMENT 177
TABLE 56 HEALTHCARE FACILITIES: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 178
FIGURE 71 HEALTHCARE SEGMENT IN ASIA PACIFIC TO EXHIBIT FASTEST CAGR DURING FORECAST PERIOD 178
TABLE 57 HEALTHCARE FACILITIES: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 178
13 MICROGRID MARKET, BY REGION 180
13.1 INTRODUCTION 181
FIGURE 72 MICROGRID MARKET, BY REGION 181
FIGURE 73 SOUTH KOREA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 181
FIGURE 74 ASIA PACIFIC TO HOLD LARGEST SHARE OF MICROGRID MARKET IN 2028 182
TABLE 58 MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 182
TABLE 59 MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 182
TABLE 60 MICROGRID INSTALLED CAPACITY, BY REGION, 2019–2022 (MW) 183
TABLE 61 MICROGRID INSTALLED CAPACITY, BY REGION, 2023–2028 (MW) 183
13.2 AMERICAS 184
13.2.1 IMPACT OF RECESSION ON MICROGRID MARKET IN AMERICAS 184
FIGURE 75 AMERICAS: MICROGRID MARKET SNAPSHOT 185
TABLE 62 AMERICAS: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 185
TABLE 63 AMERICAS: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 186
TABLE 64 AMERICAS: MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 186
TABLE 65 AMERICAS: MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 186
TABLE 66 AMERICAS: MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 187
TABLE 67 AMERICAS: MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 187
TABLE 68 AMERICAS: MICROGRID HARDWARE MARKET, BY TYPE, 2019–2022 (USD BILLION) 187
TABLE 69 AMERICAS: MICROGRID HARDWARE MARKET, BY TYPE, 2023–2028 (USD BILLION) 188
TABLE 70 AMERICAS: MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 188
TABLE 71 AMERICAS: MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 188
13.2.2 NORTH AMERICA 189
TABLE 72 NORTH AMERICA: MICROGRID MARKET, BY COUNTRY, 2019–2022 (USD BILLION) 189
TABLE 73 NORTH AMERICA: MICROGRID MARKET, BY COUNTRY, 2023–2028 (USD BILLION) 189
TABLE 74 NORTH AMERICA: MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 190
TABLE 75 NORTH AMERICA: MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 190
TABLE 76 NORTH AMERICA: MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 190
TABLE 77 NORTH AMERICA: MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 190
TABLE 78 NORTH AMERICA: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2019–2022 (USD BILLION) 191
TABLE 79 NORTH AMERICA: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2023–2028 (USD BILLION) 191
TABLE 80 NORTH AMERICA: MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 191
TABLE 81 NORTH AMERICA: MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 192
13.2.2.1 US 192
13.2.2.1.1 Large presence of key players to drive market 192
13.2.2.2 Canada 193
13.2.2.2.1 Remote communities to create opportunities for microgrid developers 193
13.2.2.3 Mexico 194
13.2.2.3.1 Increasing demand for microgrids during natural calamities to boost market 194
13.2.3 SOUTH AMERICA 195
TABLE 82 SOUTH AMERICA: MICROGRID MARKET, BY COUNTRY, 2019–2022 (USD BILLION) 195
TABLE 83 SOUTH AMERICA: MICROGRID MARKET, BY COUNTRY, 2023–2028 (USD BILLION) 195
TABLE 84 SOUTH AMERICA: MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 195
TABLE 85 SOUTH AMERICA: MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 196
TABLE 86 SOUTH AMERICA: MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 196
TABLE 87 SOUTH AMERICA: MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 196
TABLE 88 SOUTH AMERICA: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2019–2022 (USD BILLION) 197
TABLE 89 SOUTH AMERICA: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2023–2028 (USD BILLION) 197
TABLE 90 SOUTH AMERICA: MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 197
TABLE 91 SOUTH AMERICA: MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 198
13.2.3.1 Brazil 198
13.2.3.1.1 Lack of national main grid to boost market 198
13.2.3.2 Argentina 198
13.2.3.2.1 Focus on renewable energy sources and development of smart grids to drive market 198
13.2.3.3 Rest of South America 199
13.3 EUROPE 200
13.3.1 IMPACT OF RECESSION ON MICROGRID MARKET IN EUROPE 200
FIGURE 76 EUROPE: MICROGRID MARKET SNAPSHOT 201
TABLE 92 EUROPE: MICROGRID MARKET, BY COUNTRY, 2019–2022 (USD BILLION) 202
TABLE 93 EUROPE: MICROGRID MARKET, BY COUNTRY, 2023–2028 (USD BILLION) 202
TABLE 94 EUROPE: MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 202
TABLE 95 EUROPE: MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 203
TABLE 96 EUROPE: MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 203
TABLE 97 EUROPE: MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 203
TABLE 98 EUROPE: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2019–2022 (USD BILLION) 204
TABLE 99 EUROPE: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2023–2028 (USD BILLION) 204
TABLE 100 EUROPE: MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 204
TABLE 101 EUROPE: MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 205
13.3.2 UK 205
13.3.2.1 Increasing demand for microgrids due to heat generation by traditional power generation systems to propel market 205
13.3.3 GERMANY 206
13.3.3.1 Ongoing industrialization and rising number of government initiatives to drive adoption of microgrids 206
13.3.4 FRANCE 206
13.3.4.1 Higher focus on clean energy generation to boost demand for microgrids 206
13.3.5 ITALY 207
13.3.5.1 Growing solar photovoltaic installations to propel market 207
13.3.6 REST OF EUROPE 207
13.4 ASIA PACIFIC 208
13.4.1 IMPACT OF RECESSION ON MICROGRID MARKET IN ASIA PACIFIC 208
FIGURE 77 ASIA PACIFIC: MICROGRID MARKET SNAPSHOT 209
TABLE 102 ASIA PACIFIC: MICROGRID MARKET, BY COUNTRY, 2019–2022 (USD BILLION) 210
TABLE 103 ASIA PACIFIC: MICROGRID MARKET, BY COUNTRY, 2023–2028 (USD BILLION) 210
TABLE 104 ASIA PACIFIC: MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 210
TABLE 105 ASIA PACIFIC: MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 211
TABLE 106 ASIA PACIFIC: MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 211
TABLE 107 ASIA PACIFIC: MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 211
TABLE 108 ASIA PACIFIC: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2019–2022 (USD BILLION) 212
TABLE 109 ASIA PACIFIC: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2023–2028 (USD BILLION) 212
TABLE 110 ASIA PACIFIC: MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 212
TABLE 111 ASIA PACIFIC: MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 213
13.4.2 AUSTRALIA 213
13.4.2.1 Increased remote operations for mining and offshore platforms to drive market 213
13.4.3 CHINA 214
13.4.3.1 Ambitious carbon-reduction goals and national smart grid plans to boost market 214
13.4.4 JAPAN 214
13.4.4.1 Growing need for resilient and energy-efficient power supply to fuel market 214
13.4.5 SOUTH KOREA 215
13.4.5.1 Increased efforts to support green recovery to propel market 215
13.4.6 REST OF ASIA PACIFIC 215
13.5 REST OF THE WORLD 216
13.5.1 IMPACT OF RECESSION ON MICROGRID MARKET IN REST OF THE WORLD 216
TABLE 112 REST OF THE WORLD: MICROGRID MARKET, BY REGION, 2019–2022 (USD BILLION) 216
FIGURE 78 AFRICA TO GROW AT FASTEST RATE IN REST OF THE WORLD DURING FORECAST PERIOD 217
TABLE 113 REST OF THE WORLD: MICROGRID MARKET, BY REGION, 2023–2028 (USD BILLION) 217
TABLE 114 REST OF THE WORLD: MICROGRID MARKET, BY CONNECTIVITY, 2019–2022 (USD BILLION) 217
TABLE 115 REST OF THE WORLD: MICROGRID MARKET, BY CONNECTIVITY, 2023–2028 (USD BILLION) 218
TABLE 116 REST OF THE WORLD: MICROGRID MARKET, BY OFFERING, 2019–2022 (USD BILLION) 218
TABLE 117 REST OF THE WORLD: MICROGRID MARKET, BY OFFERING, 2023–2028 (USD BILLION) 218
TABLE 118 REST OF THE WORLD: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2019–2022 (USD BILLION) 219
TABLE 119 REST OF THE WORLD: MICROGRID MARKET FOR HARDWARE, BY TYPE, 2023–2028 (USD BILLION) 219
TABLE 120 REST OF THE WORLD: MICROGRID MARKET, BY END USER, 2019–2022 (USD BILLION) 219
TABLE 121 REST OF THE WORLD: MICROGRID MARKET, BY END USER, 2023–2028 (USD BILLION) 220
13.5.2 MIDDLE EAST 220
13.5.2.1 Growth of healthcare sector and rising demand for reliable power supply contribute to market growth 220
13.5.3 AFRICA 221
13.5.3.1 Rising number of government initiatives to support microgrid projects 221
14 COMPETITIVE LANDSCAPE 222
14.1 INTRODUCTION 222
14.2 STRATEGIES ADOPTED BY KEY PLAYERS 222
TABLE 122 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN MICROGRID MARKET 223
14.2.1 PRODUCT PORTFOLIO 224
14.2.2 REGIONAL FOCUS 224
14.2.3 MANUFACTURING FOOTPRINT 224
14.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 225
14.3 MARKET SHARE ANALYSIS 225
TABLE 123 MICROGRID MARKET: DEGREE OF COMPETITION, 2022 225
14.4 FIVE-YEAR COMPANY REVENUE ANALYSIS, 2018–2022 226
FIGURE 79 FIVE-YEAR COMPANY REVENUE ANALYSIS OF LEADING MARKET PLAYERS 226
14.5 KEY COMPANY EVALUATION MATRIX, 2022 229
14.5.1 STARS 229
14.5.2 EMERGING LEADERS 229
14.5.3 PERVASIVE PLAYERS 229
14.5.4 PARTICIPANTS 230
FIGURE 80 MICROGRID MARKET (GLOBAL): KEY COMPANY EVALUATION MATRIX, 2022 230
14.6 COMPANY FOOTPRINT 231
TABLE 124 OVERALL COMPANY FOOTPRINT 231
TABLE 125 COMPANY FOOTPRINT, BY OFFERING 232
TABLE 126 COMPANY FOOTPRINT, BY END USER 233
TABLE 127 COMPANY FOOTPRINT, BY REGION 234
14.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX, 2022 235
14.7.1 PROGRESSIVE COMPANIES 235
14.7.2 RESPONSIVE COMPANIES 235
14.7.3 DYNAMIC COMPANIES 235
14.7.4 STARTING BLOCKS 235
FIGURE 81 MICROGRID MARKET (GLOBAL): STARTUPS/SMES EVALUATION MATRIX, 2022 236
14.8 COMPETITIVE BENCHMARKING 237
TABLE 128 MICROGRID MARKET: LIST OF KEY STARTUPS/SMES 237
TABLE 129 MICROGRID MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 238
14.9 COMPETITIVE SCENARIOS AND TRENDS 238
14.9.1 PRODUCT LAUNCHES AND DEVELOPMENTS 238
TABLE 130 MICROGRID MARKET: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2023 239
14.9.2 DEALS 240
TABLE 131 MICROGRID MARKET: DEALS, JANUARY 2020–JUNE 2023 240
14.9.3 OTHERS 242
TABLE 132 MICROGRID MARKET: OTHERS, JANUARY 2020–JUNE 2023 242
15 COMPANY PROFILES 244
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
15.1 KEY PLAYERS 244
15.1.1 SCHNEIDER ELECTRIC 244
TABLE 133 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 244
FIGURE 82 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 245
TABLE 134 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 135 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 248
TABLE 136 SCHNEIDER ELECTRIC: DEALS 249
TABLE 137 SCHNEIDER ELECTRIC: OTHERS 250
15.1.2 SIEMENS 252
TABLE 138 SIEMENS: COMPANY OVERVIEW 252
FIGURE 83 SIEMENS: COMPANY SNAPSHOT 253
TABLE 139 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 254
TABLE 140 SIEMENS: PRODUCT LAUNCHES 255
TABLE 141 SIEMENS: DEALS 257
TABLE 142 SIEMENS: OTHERS 259
15.1.3 GENERAL ELECTRIC 261
TABLE 143 GENERAL ELECTRIC: COMPANY OVERVIEW 262
FIGURE 84 GENERAL ELECTRIC: COMPANY SNAPSHOT 262
TABLE 144 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 263
TABLE 145 GENERAL ELECTRIC: PRODUCT LAUNCHES 264
TABLE 146 GENERAL ELECTRIC: DEALS 265
TABLE 147 GENERAL ELECTRIC: OTHERS 268
15.1.4 EATON 270
TABLE 148 EATON: COMPANY OVERVIEW 270
FIGURE 85 EATON: COMPANY SNAPSHOT 271
TABLE 149 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 272
TABLE 150 EATON: PRODUCT LAUNCHES 273
TABLE 151 EATON: DEALS 274
TABLE 152 EATON: OTHERS 277
15.1.5 ABB 279
TABLE 153 ABB: COMPANY OVERVIEW 279
FIGURE 86 ABB: COMPANY SNAPSHOT 280
TABLE 154 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 280
TABLE 155 ABB: PRODUCT LAUNCHES 283
TABLE 156 ABB: DEALS 283
15.1.6 HITACHI ENERGY LTD. 286
TABLE 157 HITACHI ENERGY LTD.: COMPANY OVERVIEW 286
TABLE 158 HITACHI ENERGY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 287
TABLE 159 HITACHI ENERGY LTD.: PRODUCT LAUNCHES 288
TABLE 160 HITACHI ENERGY LTD.: DEALS 290
TABLE 161 HITACHI ENERGY LTD.: OTHERS 292
15.1.7 HONEYWELL INTERNATIONAL INC. 293
TABLE 162 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 293
FIGURE 87 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 294
TABLE 163 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 295
TABLE 164 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES 295
TABLE 165 HONEYWELL INTERNATIONAL INC.: DEALS 296
15.1.8 HOMER ENERGY (PART OF UL LLC) 297
TABLE 166 HOMER ENERGY: COMPANY OVERVIEW 297
TABLE 167 HOMER ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 298
TABLE 168 HOMER ENERGY: PRODUCT LAUNCHES 299
TABLE 169 HOMER ENERGY: DEALS 301
TABLE 170 HOMER ENERGY: OTHERS 301
15.1.9 S&C ELECTRIC COMPANY 302
TABLE 171 S&C ELECTRIC COMPANY: COMPANY OVERVIEW 302
TABLE 172 S&C ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 303
TABLE 173 S&C ELECTRIC COMPANY: PRODUCT LAUNCHES 304
TABLE 174 S&C ELECTRIC COMPANY: OTHERS 305
15.1.10 POWER ANALYTICS 306
TABLE 175 POWER ANALYTICS: COMPANY OVERVIEW 306
TABLE 176 POWER ANALYTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
TABLE 177 POWER ANALYTICS: PRODUCT LAUNCHES 308
TABLE 178 POWER ANALYTICS: DEALS 309
15.2.1 CATERPILLAR 310
15.2.2 TESLA ENERGY (SUBSIDIARY OF TESLA) 311
15.2.3 EMERSON ELECTRIC CO. 312
15.2.4 PARETO ENERGY 313
15.2.5 ANBARIC DEVELOPMENT PARTNERS, LLC 314
15.2.6 EXELON CORPORATION 315
15.2.7 SPIRAE LLC 316
15.2.8 GENERAL MICROGRIDS 317
15.2.9 GRAM POWER 318
15.2.10 HEILA TECHNOLOGIES 319
15.2.11 AMERESCO 320
15.2.12 GO ELECTRIC INC. 321
15.2.13 FERROAMP 322
15.2.14 CANOPY POWER 323
15.2.15 POWERSECURE, INC. 324
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
16 APPENDIX 325
16.1 DISCUSSION GUIDE 325
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 328
16.3 CUSTOMIZATION OPTIONS 330
16.4 RELATED REPORTS 330
16.5 AUTHOR DETAILS 331
