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North America Microgrid Market _Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025

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Details

North America microgrid market is expected to hold the leading market share in the forecast period of 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Prominent factors driving the growth of this market consist of government funding for the microgrids and military & healthcare are most dominate verticals.

The key market players for North America microgrid market are listed below:

ABB

General Electric Company

Siemens AG

Honeywell International Inc.

Eaton Corporation PLC

Advanced Microgrid Solutions

Caterpillar Inc.

Chevron Corporation

Cummins Inc.

Exelon Corporation

Green Energy Corp.

Homer Energy LLC

Microgrid Energy

Pareto Energy

Power Analytics Corporation

S&C Electric Company

Schneider Electric

Tesla Inc.

Toshiba Corporation

The market is further segmented into:

Grid Type

Connectivity

Offering

Vertical

Power Source

The North America microgrid market is segmented based on grid type into three notable segments; AC microgrid, DC microgrid, and hybrid. In 2018, hybrid segment is valued to rule with the highest market share 2025.

The North America microgrid market is segmented based on connectivity into two notable segments grid connected and remote/island. In 2018, grid connected segment is valued to rule with the highest market shares by 2025.

The North America microgrid market is segmented based on offering into hardware, software, and services. The hardware segment is further sub-segmented into switchgears, power inverters, smart meters, reciprocating engines, and energy storage systems and power generators. The energy storage systems and power generators segment is further sub-segmented into power generators and energy storage systems. The power generator includes fuel cells and diesel gensets, chp and micro-chp, micro turbines, and renewables (PV cells, wind based, and others). The energy storage systems include lithium-ion batteries, lead-acid batteries, flywheels, flow batteries, and others. The services segment is further sub-segmented into engineering and design, monitoring and control, and operations & maintenance. In 2018, hardware segment is valued to rule with the highest market shares by 2025.

The North America microgrid market is segmented based on vertical into five notable segments healthcare, educational institutions, industrial, military, and electric utility. The industrial segment is further sub segmented as steel, mining, and others. The utility segment is further sub-segmented into urban electrification and rural electrification. In 2018, healthcare connected segment is valued to rule with the highest market shares by 2025, rising at the highest CAGR.

The North America microgrid market is segmented based on power into natural gas, combined heat and power, diesel, solar, fuel cells, others. In 2018, diesel segment is valued to rule with the highest market share.

Based on geography, the market is segmented into:

U.S.

Canada

Mexico

Covered in this report

The report covers the present scenario and the growth prospects of the North America microgrid for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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Table Of Content

Scope

Table Of Contents

1 Introduction 15

1.1 Objectives Of The Study 15

1.2 Market Definition 15

1.3 Overview Of North America Microgrid Market 15

1.4 Currency And Pricing 16

1.5 Limitation 16

1.6 Markets Covered 17

2 Market Segmentation 19

2.1 Markets Covered 19

2.2 Geographic Scope 20

2.3 Years Considered For The Study 21

2.4 Currency And Pricing 21

2.5 Research Methodology 22

2.6 Primary Interviews With Key Opinion Leaders 25

2.7 Secondary Sources 26

2.8 Assumptions 26

2.9 Dbmr Market Position Grid 27

2.10 Market Application Coverage Grid 28

2.11 Dbmr Market Challenge Matrix 29

3 Market Overview 30

3.1 Drivers 32

3.1.1 Increased Demand Of Automated Grid Systems 32

3.1.2 Reduction In Carbon Footprint 32

3.1.3 Advancement In Microgrid Connectivity By Integration Of Iot 33

3.1.4 Benefits Of Low Cost And Clean Energy Storage 34

3.2 Restraints 34

3.2.1 High Cost For Installation 34

3.2.2 Franchise Rights For Connecting Microgrids 35

3.2.3 Complications Related To Registration And Land Acquisitions For Installation Of Solar Pv 35

3.3 Opportunity 36

3.3.1 Rise In Number Of Installations Of Microgrids In Emerging Regions 36

3.3.2 Rising Demand In Healthcare And Military Verticals 36

3.4 Challenges 37

3.4.1 Complicated Process Of Installation And Designing 37

3.4.2 Risks Associated With Installation And Implementation Of Microgrids 37

3.4.3 Stringent Regulatory Policies 37

4 Executive Summary 38

5 Premium Insights 40

6 North America Microgrid Market, By Grid Type 43

6.1 Overview 44

6.2 Ac Microgrid 46

6.3 Dc Microgrid 47

6.4 Hybrid 48

7 North America Microgrid Market, By Connectivity 49

7.1 Overview 50

7.2 Grid Connected 52

7.3 Remote/Island 53

8 North America Microgrid Market, By Offering 54

8.1 Overview 55

8.2 Hardware 56

8.2.1 Switchgears 57

8.2.2 Power Inverters 57

8.2.3 Smart Meters 57

8.2.4 Reciprocating Engines 57

8.2.5 Energy Storage Systems And Power Generators 57

8.2.5.1 Power Generators 57

8.2.5.1.1 Fuel Cells And Diesel Gensets 58

8.2.5.1.2 Chp And Micro-Chp 58

8.2.5.1.3 Microturbines 58

8.2.5.1.4 Renewables 58

8.2.5.1.4.1 Pv Cells 58

8.2.5.1.4.2 Wind Based 58

8.2.5.1.4.3 Others 58

8.2.5.2 Energy Storage Systems 59

8.2.5.2.1 Lithium-Ion Batteries 59

8.2.5.2.2 Lead-Acid Batteries 59

8.2.5.2.3 Flywheels 59

8.2.5.2.4 Flow Batteries 59

8.3 Software 60

8.4 Services 61

8.4.1.1 Engineering And Design 62

8.4.1.2 Monitoring And Control 62

8.4.1.3 Operations And Maintenance 62

9 North America Microgrid Market, By Vertical 63

9.1 Overview 64

9.2 Healthcare 66

9.3 Educational Institutions 68

9.4 Industrial 69

9.5 Military 70

9.6 Electric Utility 71

10 North America Microgrid Market, By Power Source 72

10.1 Overview 73

10.2 Natural Gas 75

10.3 Combined Heat And Power 76

10.4 Diesel 77

10.5 Solar 78

10.6 Fuel Cells 79

10.7 Others 80

11 North America Microgrid Market, By Geography 81

11.1 North America 81

11.1.1 U.S. 94

11.1.2 Canada 101

11.1.3 Mexico 108

12 North America Microgrid Market, Company Landscape 115

12.1 Company Share Analysis: North America 115

13 Company Profiles 116

13.1 Asea Brown Boveri (Abb) Ltd. 116

13.1.1 Company Overview 116

13.1.2 Company Snapshot 116

13.1.3 Revenue Analysis 117

13.1.4 Company Share Analysis 117

13.1.5 Product Portfolio 118

13.1.6 Recent Development 118

13.2 General Electric Company 119

13.2.1 Company Overview 119

13.2.2 Company Snapshot 119

13.2.3 Revenue Analysis 120

13.2.4 Company Share Analysis 120

13.2.5 Product Portfolio 121

13.2.6 Recent Development 121

13.3 Siemens Ag 122

13.3.1 Company Overview 122

13.3.2 Company Snapshot 122

13.3.3 Revenue Analysis 123

13.3.4 Company Share Analysis 123

13.3.5 Product Portfolio 124

13.3.6 Recent Development 124

13.4 Honeywell International Inc. 125

13.4.1 Company Overview 125

13.4.2 Company Snapshot 125

13.4.3 Revenue Analysis 126

13.4.4 Product Portfolio 126

13.4.5 Recent Development 126

13.5 Eaton Corporation Plc 127

13.5.1 Company Overview 127

13.5.2 Company Snapshot 127

13.5.3 Revenue Analysis 128

13.5.4 Product Portfolio 128

13.5.5 Recent Development 129

13.6 Advanced Microgrid Solutions, Inc. 130

13.6.1 Company Overview 130

13.6.2 Company Snapshot 130

13.6.3 Product Portfolio 130

13.7 Caterpillar Inc. 131

13.7.1 Company Overview 131

13.7.2 Company Snapshot 131

13.7.3 Revenue Analysis 132

13.7.4 Product Portfolio 132

13.7.5 Recent Development 133

13.8 Chevron Corporation 134

13.8.1 Company Overview 134

13.8.2 Company Snapshot 134

13.8.3 Revenue Analysis 135

13.8.4 Product Portfolio 135

13.9 Cummins Inc. 136

13.9.1 Company Overview 136

13.9.2 Company Snapshot 136

13.9.3 Revenue Analysis 137

13.9.4 Product Portfolio 137

13.9.5 Recent Development 137

13.10 Exelon Corporation 138

13.10.1 Company Overview 138

13.10.2 Company Snapshot 138

13.10.3 Revenue Analysis 139

13.10.4 Product Portfolio 139

13.10.5 Recent Development 139

13.11 Green Energy Corp. 140

13.11.1 Company Overview 140

13.11.2 Company Snapshot 140

13.11.3 Product Portfolio 140

13.11.4 Recent Development 141

13.12 Homer Energy Llc 142

13.12.1 Company Overview 142

13.12.2 Company Snapshot 142

13.12.3 Product Portfolio 142

13.12.4 Recent Development 143

13.13 Microgrid Energy 144

13.13.1 Company Overview 144

13.13.2 Company Snapshot 144

13.13.3 Product Portfolio 144

13.14 Pareto Energy 145

13.14.1 Company Overview 145

13.14.2 Company Snapshot 145

13.14.3 Product Portfolio 145

13.15 Power Analytics Corporation 146

13.15.1 Company Overview 146

13.15.2 Company Snapshot 146

13.15.3 Geographic Analysis 147

13.15.4 Product Portfolio 147

13.15.5 Recent Development 147

13.16 S&C Electric Company 148

13.16.1 Company Overview 148

13.16.2 Company Snapshot 148

13.16.3 Product Portfolio 148

13.16.4 Recent Development 149

13.17 Schneider Electric Se 150

13.17.1 Company Overview 150

13.17.2 Company Snapshot 150

13.17.3 Revenue Analysis 151

13.17.4 Product Portfolio 151

13.17.5 Recent Development 152

13.18 Tesla, Inc. 153

13.18.1 Company Overview 153

13.18.2 Company Snapshot 153

13.18.3 Revenue Analysis 154

13.18.4 Product Portfolio 154

13.18.5 Recent Development 154

13.19 Toshiba Corporation 155

13.19.1 Company Overview 155

13.19.2 Company Snapshot 155

13.19.3 Revenue Analysis 156

13.19.4 Product Portfolio 156

13.19.5 Recent Development 157

14 Related Reports 158


List Of Figure

List Of Figures

Figure 1 North America Microgrid Market: Segmentation 19

Figure 2 North America Microgrid Market: Data Triangulation 22

Figure 3 North America Microgrid Market: Research Snapshot 23

Figure 4 North America Microgrid Market Bottom Up Approach 24

Figure 5 North America Microgrid Market Top Down Approach 24

Figure 6 North America Microgrid Market: Interview Demographics 25

Figure 7 North America Microgrid Market: Dbmr Market Position Grid 27

Figure 8 North America Microgrid Market: Market Application Coverage Grid 28

Figure 9 North America Microgrid Market: The Market Challenge Matrix 29

Figure 10 Drivers, Restraints, Opportunities And Challenges Of The Microgrid Market 31

Figure 11 North America Microgrid Market: Segmentation 39

Figure 12 Increased Demand Of Automated Grid Systems, Reduction In Carbon Footprint, Advancement In Microgrid Connectivity By Integration Of Iot, And Benefits Of Low Cost And Clean Energy Storage Is Expected To Drive The Market For Microgrid Market In The Forecast Period 2018 To 2025 40

Figure 13 Dc Microgrid Is Expected To Account For The Largest Share Of The North America Microgrid Market In 2018 & 2025 41

Figure 14 Asia-Pacific Is The Highest Growing And Most Profitable Revenue Pockets For Microgrid Manufacturers In The Forecast Period 2018 To 2025 42

Figure 15 North America Microgrid Market: By Grid Type, 2017 44

Figure 16 North America Microgrid Market: By Connectivity, 2017 50

Figure 17 North America Microgrid Market: By Vertical, 2017 64

Figure 18 North America Microgrid Market: By Grid Type, 2017 73

Figure 19 North America Microgrid Market Snapshot (2017) 81

Figure 20 North America Microgrid Market: By Country (2017) 83

Figure 21 North America Microgrid Market: By Country (2018 & 2025) 84

Figure 22 North America Microgrid Market: By Country (2017 & 2025) 85

Figure 23 North America Microgrid Market, By Grid Type (2018-2025) 86

Figure 24 North America Microgrid Market: Company Share 2017(%) 115


List Of Table

List Of Tables

Uu

Table 1 North America Microgrid Market, By Grid Type, 2016- 2025, (Usd Million) 45

Table 2 North America Ac Microgrid Market, By Region, 2016-2025 (Usd Million) 46

Table 3 North America Dc Microgrid Market, By Region, 2016-2025 (Usd Million) 47

Table 4 North America Hybrid Market, By Region, 2016-2025 (Usd Million) 48

Table 5 North America Microgrid Market, By Connectivity, 2016- 2025, (Usd Million) 51

Table 6 North America Grid Connected Market, By Region, 2016-2025 (Usd Million) 52

Table 7 North America Remote/Island Market, By Region, 2016-2025 (Usd Million) 53

Table 8 North America Microgrid Market, By Offering, 2016- 2025, (Usd Million) 55

Table 9 North America Hardware Market, By Region, 2016-2025 (Usd Million) 57

Table 10 North America Software Market, By Region, 2016-2025 (Usd Million) 60

Table 11 North America Services Market, By Region, 2016-2025 (Usd Million) 61

Table 12 North America Microgrid Market, By Vertical, 2016- 2025, (Usd Million) 65

Table 13 North America Healthcare Market, By Region, 2016-2025 (Usd Million) 67

Table 14 North America Educational Institutions Market, By Region, 2016-2025 (Usd Million) 68

Table 15 North America Industrial Market, By Region, 2016-2025 (Usd Million) 69

Table 16 North America Military Market, By Region, 2016-2025 (Usd Million) 70

Table 17 North America Electric Utility Market, By Region, 2016-2025 (Usd Million) 71

Table 18 North America Microgrid Market, By Power Source, 2016- 2025, (Usd Million) 74

Table 19 North America Natural Gas Market, By Region, 2016-2025 (Usd Million) 75

Table 20 North America Combined Heat And Power Market, By Region, 2016-2025 (Usd Million) 76

Table 21 North America Diesel Market, By Region, 2016-2025 (Usd Million) 77

Table 22 North America Solar Market, By Region, 2016-2025 (Usd Million) 78

Table 23 North America Fuel Cells Market, By Region, 2016-2025 (Usd Million) 79

Table 24 North America Microgrid Market, By Country, 2016-2025 (Usd Million) 87

Table 25 North America Microgrid Market, By Intallation Capacity, 2016-2025 (Mw) 87

Table 26 North America Microgrid Market, By Grid Type, 2016-2025 (Usd Million) 87

Table 27 North America Microgrid Market, By Connectivity, 2016-2025 (Usd Million) 88

Table 28 North America Microgrid Market, By Offering, 2016-2025 (Usd Million) 88

Table 29 North America Hardware In Microgrid Market, By Type, 2016-2025 (Usd Million) 89

Table 30 North America Energy Storage And Power Generators In Microgrid Market, By Type, 2016-2025 (Usd Million) 89

Table 31 North America Power Generators In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 90

Table 32 North America Renewables In Power Generators Market, By Type, 2016-2025 (Usd Million) 90

Table 33 North America Energy Storage Systems In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 91

Table 34 North America Services In Microgrid Market, By Type, 2016-2025 (Usd Million) 91

Table 35 North America Microgrid Market, By Vertical, 2016-2025 (Usd Million) 92

Table 36 North America Industrial In Microgrid Market, By Type, 2016-2025 (Usd Million) 92

Table 37 North America Energy Utility In Vertical In Microgrid Market, By Type, 2016-2025 (Usd Million) 93

Table 38 North America Microgrid Market, By Power Source, 2016-2025 (Usd Million) 93

Table 39 U.S. Microgrid Market, By Grid Type, 2016-2025 (Usd Million) 94

Table 40 U.S. Microgrid Market, By Connectivity, 2016-2025 (Usd Million) 94

Table 41 U.S. Microgrid Market, By Offering, 2016-2025 (Usd Million) 95

Table 42 U.S. Hardware In Microgrid Market, By Type, 2016-2025 (Usd Million) 95

Table 43 U.S. Energy Storage And Power Generators In Microgrid Market, By Type, 2016-2025 (Usd Million) 96

Table 44 U.S. Power Generators In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 96

Table 45 U.S. Renewables In Power Generators Market, By Type, 2016-2025 (Usd Million) 97

Table 46 U.S. Energy Storage Systems In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 97

Table 47 U.S. Services In Microgrid Market, By Type, 2016-2025 (Usd Million) 98

Table 48 U.S. Microgrid Market, By Vertical, 2016-2025 (Usd Million) 98

Table 49 U.S. Energy Industrial In Microgrid Market, By Type, 2016-2025 (Usd Million) 99

Table 50 U.S. Energy Utility In Vertical In Microgrid Market, By Type, 2016-2025 (Usd Million) 99

Table 51 U.S. Microgrid Market, By Power Source, 2016-2025 (Usd Million) 100

Table 52 Canada Microgrid Market, By Grid Type, 2016-2025 (Usd Million) 101

Table 53 Canada Microgrid Market, By Connectivity, 2016-2025 (Usd Million) 101

Table 54 Canada Microgrid Market, By Offering, 2016-2025 (Usd Million) 102

Table 55 Canada Hardware In Microgrid Market, By Type, 2016-2025 (Usd Million) 102

Table 56 Canada Energy Storage And Power Generators In Microgrid Market, By Type, 2016-2025 (Usd Million) 103

Table 57 Canada Power Generators In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 103

Table 58 Canada Renewables In Power Generators Market, By Type, 2016-2025 (Usd Million) 104

Table 59 Canada Energy Storage Systems In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 104

Table 60 Canada Services In Microgrid Market, By Type, 2016-2025 (Usd Million) 105

Table 61 Canada Microgrid Market, By Vertical, 2016-2025 (Usd Million) 105

Table 62 Canada Industrial In Microgrid Market, By Type, 2016-2025 (Usd Million) 106

Table 63 Canada Energy Utility In Vertical In Microgrid Market, By Type, 2016-2025 (Usd Million) 106

Table 64 Canada Microgrid Market, By Power Source, 2016-2025 (Usd Million) 107

Table 65 Mexico Microgrid Market, By Grid Type, 2016-2025 (Usd Million) 108

Table 66 Mexico Microgrid Market, By Connectivity, 2016-2025 (Usd Million) 108

Table 67 Mexico Microgrid Market, By Offering, 2016-2025 (Usd Million) 109

Table 68 Mexico Hardware In Microgrid Market, By Type, 2016-2025 (Usd Million) 109

Table 69 Mexico Energy Storage And Power Generators In Microgrid Market, By Type, 2016-2025 (Usd Million) 110

Table 70 Mexico Power Generators In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 110

Table 71 Mexico Renewables In Power Generators Market, By Type, 2016-2025 (Usd Million) 111

Table 72 Mexico Energy Storage Systems In Energy Storage And Power Generators Market, By Type, 2016-2025 (Usd Million) 111

Table 73 Mexico Services In Microgrid Market, By Type, 2016-2025 (Usd Million) 112

Table 74 Mexico Microgrid Market, By Vertical, 2016-2025 (Usd Million) 112

Table 75 Mexico Industrial In Microgrid Market, By Type, 2016-2025 (Usd Million) 113

Table 76 Mexico Energy Utility In Vertical In Microgrid Market, By Type, 2016-2025 (Usd Million) 113

Table 77 Mexico Microgrid Market, By Power Source, 2016-2025 (Usd Million) 114

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Products and Companies


Companies

ABB

General Electric Company

Siemens AG

Honeywell International Inc.

Eaton Corporation PLC

Advanced Microgrid Solutions

Caterpillar Inc.

Chevron Corporation

Cummins Inc.

Exelon Corporation

Green Energy Corp.

Homer Energy LLC

Microgrid Energy

Pareto Energy

Power Analytics Corporation

S&C Electric Company

Schneider Electric

Tesla Inc.

Toshiba Corporation