Title: microgrid market
1Global Microgrid Market Industry Trends and
Forecasts 2025
Global Microgrid Market By Grid Type (AC
Microgrid, DC Microgrid, and Hybrid), By
Connectivity (grid connected and remote/island),
BY Offering (Hardware, Software, And Services),
By Vertical (Healthcare, Educational
Institutions, Industrial, Military, and Electric
Utility), By Power Source (Natural Gas, Combined
Heat and Power, Diesel, Solar, Fuel Cells, And
Others)
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2Report Description
Global microgrid market is expected to register a
healthy CAGR in the forecast period 2018 to 2025.
The 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
the prominent factors driving the growth of this
market.
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3Major Key Players
- Some of the major players operating in this
market are - General Electric Company
- Siemens AG
- Honeywell International Inc.
- Eaton Corporation PLC
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4Market Segmentation
- Global Microgrid Market is segmented into five
notable segments which are Grid Type,
Connectivity, Offering, Vertical and Power Source
. - On the basis of Grid Type, the market is
segmented into AC Microgrid, DC Microgrid, and
Hybrid - On the basis of Connectivity, the market is
segmented into grid connected and remote/island - On the basis of Offering the market is segmented
into Hardware, Software, And Services - On the basis of Vertical, the market is segmented
into Healthcare, Educational Institutions,
Industrial, Military, and Electric Utility - On the basis of Power Source, the market is
segmented into Natural Gas, Combined Heat and
Power, Diesel, Solar, Fuel Cells, And Others
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
6About Data Bridge Market Research
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