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Market Research Report

Europe Microgrid Market Forecast 2019-2027

Published by Inkwood Research Product code 793687
Published Content info 110 Pages
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Europe Microgrid Market Forecast 2019-2027
Published: February 25, 2019 Content info: 110 Pages
Description

KEY FINDINGS

The European market for microgrids is projected to propagate at a CAGR of 11.55% during the forecasting period of 2019-2027. The primary application of the microgrid market is in the government & education sector, industrial, military, utility residential & commercial, etc. of the region.

MARKET INSIGHTS

Microgrid market of Europe is mainly driven by increasing government initiatives for sustainable development, increasing renewable power plants, industry 4.0 initiative in the European region. Other factors like the higher demands for electricity, investments by the developed countries in clean energy being on a rapid up-surge & increasing demand for clean energy storage systems are specifically driving the growth of the Europe microgrids market. The increasing demand for power is increasing the capacity addition of renewable energy which in turn, results in increased deployment of the microgrids across the region.

The economies of the United Kingdom, France, Italy, Russia, Spain, Germany and the remaining countries constituting the Rest of Europe regional segment are the major contributors to the market growth in Europe. Germany contributed xx% of market share in 2018 & is estimated to contribute the majority of share to remain at xx% in 2027 as compared to that of 2018.

COMPETITIVE INSIGHTS

Some of the major market players in the European region are Hitachi Ltd., Duke Energy Corporation, Schneider Electric, Fuelcell Energy Inc., General Electric, Siemens AG, NRG Energy Inc., Princeton Power Systems, S&C Electric Company, Eaton Corporation PLC, Power Engineers Incorporated, National Grid, Exelon Corporation, ABB Ltd. and Fairbanks Morse

Table of Contents
Product Code: 23946

Table of Contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP-DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. REGULATIONS ON GREENHOUSE GAS EMISSION ACROSS THE WORLD
    • 3.2.2. BENEFITS OF USING MICROGRID TECHNOLOGY
    • 3.2.3. COLLABORATIONS FOR ENHANCEMENTS IN MICROGRID TECHNOLOGY
    • 3.2.4. GOVERNMENT & UTILITIES SEGMENT WITNESS THE ROBUST GROWTH
    • 3.2.5. USAGE OF MICROGRIDS IN HOSPITALS
    • 3.2.6. INVESTMENTS IN MICROGRIDS

4. MARKET DYNAMICS

  • 4.1. ETYMOLOGY OF MICROGRID MARKET
  • 4.2. MARKET SCOPE & DEFINITION
  • 4.3. MARKET DRIVERS
    • 4.3.1. INCREASE IN DEMAND FOR ELECTRICITY WORLDWIDE
    • 4.3.2. INVESTMENTS IN CLEAN ENERGY IS RISING RAPIDLY
    • 4.3.3. RAPID INCREASE IN DEMAND OF CLEAN ENERGY STORAGE SYSTEMS
  • 4.4. MARKET RESTRAINTS
    • 4.4.1. HIGH COST OF MAINTENANCE & INSTALLATION HINDERS THE USAGE OF MICROGRIDS
    • 4.4.2. STRINGENT POLICIES, REGULATIONS, AND STANDARDS RELATED TO MICROGRIDS ACROSS THE WORLD
  • 4.5. MARKET OPPORTUNITIES
    • 4.5.1. USAGE OF INTERNET OF THINGS IN MICROGRIDS
    • 4.5.2. INCREASING ELECTRIFICATION PROJECTS ACROSS EMERGING ECONOMIES
    • 4.5.3. SMART CITY INITIATIVES
  • 4.6. MARKET CHALLENGES
    • 4.6.1. DIFFICULTIES IN PLANNING, DESIGNING, AND IMPLEMENTATION OF A LARGE SIZE MICROGRID
    • 4.6.2. LACK OF TRAINING IS A MAJOR BARRIERS FOR THE LONG-TERM SUSTAINABILITY OF MICROGRIDS

5. MARKET BY OFFERINGS

  • 5.1. HARDWARE
  • 5.2. SOFTWARE
  • 5.3. SERVICES

6. MARKET BY TYPES

  • 6.1. GRID CONNECTED
  • 6.2. REMOTE/ISLAND/OFF-GRID

7. MARKET BY CONSUMPTION PATTERNS

  • 7.1. SEMI-URBAN
  • 7.2. URBAN/METROPOLITAN
  • 7.3. RURAL/ISLAND

8. MARKET BY VERTICALS

  • 8.1. INDUSTRIAL
  • 8.2. HEALTHCARE
  • 8.3. EDUCATION
  • 8.4. MILITARY
  • 8.5. GOVERNMENT & UTILITIES
  • 8.6. OTHERS

9. KEY ANALYTICS

  • 9.1. PORTER'S FIVE FORCE MODEL
    • 9.1.1. THREAT OF NEW ENTRANTS
    • 9.1.2. THREAT OF SUBSTITUTE
    • 9.1.3. BARGAINING POWER OF SUPPLIERS
    • 9.1.4. BARGAINING POWER OF BUYERS
    • 9.1.5. THREAT OF COMPETITIVE RIVALRY
  • 9.2. OPPORTUNITY MATRIX
  • 9.3. VENDOR LANDSCAPE
    • 9.3.1. LEGAL, POLICY & REGULATORY FRAMEWORK

10. EUROPE

  • 10.1. UNITED KINGDOM
  • 10.2. FRANCE
  • 10.3. ITALY
  • 10.4. RUSSIA
  • 10.5. SPAIN
  • 10.6. GERMANY
  • 10.7. REST OF EUROPE

11. COMPETITIVE LANDSCAPE

  • 11.1. KEY COMPANY ANALYSIS
    • 11.1.1. GE ELECTRIC
    • 11.1.2. SIEMENS AG
    • 11.1.3. EATON
    • 11.1.4. ABB LTD.
    • 11.1.5. SCHNEIDER ELECTRIC
  • 11.2. COMPANY PROFILES
    • 11.2.1. ABB LTD.
      • 11.2.1.1. OVERVIEW
      • 11.2.1.2. PRODUCT PORTFOLIO
      • 11.2.1.3. STRATEGIC INITIATIVES
      • 11.2.1.4. SCOT ANALYSIS
    • 11.2.2. DUKE ENERGY CORPORATION
      • 11.2.2.1. OVERVIEW
      • 11.2.2.2. PRODUCT PORTFOLIO
      • 11.2.2.3. STRATEGIC INITIATIVES
      • 11.2.2.4. SCOT ANALYSIS
    • 11.2.3. EATON CORPORATION PLC
      • 11.2.3.1. OVERVIEW
      • 11.2.3.2. PRODUCT PORTFOLIO
      • 11.2.3.3. STRATEGIC INITIATIVES
      • 11.2.3.4. SCOT ANALYSIS
    • 11.2.4. EXELON CORPORATION
      • 11.2.4.1. OVERVIEW
      • 11.2.4.2. PRODUCT PORTFOLIO
      • 11.2.4.3. STRATEGIC INITIATIVES
      • 11.2.4.4. SCOT ANALYSIS
    • 11.2.5. FAIRBANKS MORSE
      • 11.2.5.1. OVERVIEW
      • 11.2.5.2. PRODUCT PORTFOLIO
      • 11.2.5.3. STRATEGIC INITIATIVES
      • 11.2.5.4. SCOT ANALYSIS
    • 11.2.6. GENERAL ELECTRIC
      • 11.2.6.1. OVERVIEW
      • 11.2.6.2. PRODUCT PORTFOLIO
      • 11.2.6.3. STRATEGIC INITIATIVES
      • 11.2.6.4. SCOT ANALYSIS
    • 11.2.7. HITACHI LTD.
      • 11.2.7.1. OVERVIEW
      • 11.2.7.2. PRODUCT PORTFOLIO
      • 11.2.7.3. STRATEGIC INITIATIVES
      • 11.2.7.4. SCOT ANALYSIS
    • 11.2.8. SCHNEIDER ELECTRIC
      • 11.2.8.1. OVERVIEW
      • 11.2.8.2. PRODUCT PORTFOLIO
      • 11.2.8.3. STRATEGIC INITIATIVES
      • 11.2.8.4. SCOT ANALYSIS
    • 11.2.9. SIEMENS AG
      • 11.2.9.1. OVERVIEW
      • 11.2.9.2. PRODUCT PORTFOLIO
      • 11.2.9.3. STRATEGIC INITIATIVES
      • 11.2.9.4. SCOT ANALYSIS
    • 11.2.10. NATIONAL GRID
      • 11.2.10.1. OVERVIEW
      • 11.2.10.2. PRODUCT PORTFOLIO
      • 11.2.10.3. STRATEGIC INITIATIVES
      • 11.2.10.4. SCOT ANALYSIS
    • 11.2.11. FUELCELL ENERGY INC.
      • 11.2.11.1. OVERVIEW
      • 11.2.11.2. PRODUCT PORTFOLIO
      • 11.2.11.3. STRATEGIC INITIATIVES
      • 11.2.11.4. SCOT ANALYSIS
    • 11.2.12. NRG ENERGY INC.
      • 11.2.12.1. OVERVIEW
      • 11.2.12.2. PRODUCT PORTFOLIO
      • 11.2.12.3. STRATEGIC INITIATIVES
      • 11.2.12.4. SCOT ANALYSIS
    • 11.2.13. POWER ENGINEERS INCORPORATED
      • 11.2.13.1. OVERVIEW
      • 11.2.13.2. PRODUCT PORTFOLIO
      • 11.2.13.3. STRATEGIC INITIATIVES
      • 11.2.13.4. SCOT ANALYSIS
    • 11.2.14. PRINCETON POWER SYSTEMS
      • 11.2.14.1. OVERVIEW
      • 11.2.14.2. PRODUCT PORTFOLIO
      • 11.2.14.3. STRATEGIC INITIATIVES
      • 11.2.14.4. SCOT ANALYSIS
    • 11.2.15. S&C ELECTRIC COMPANY
      • 11.2.15.1. OVERVIEW
      • 11.2.15.2. PRODUCT PORTFOLIO
      • 11.2.15.3. STRATEGIC INITIATIVES
      • 11.2.15.4. SCOT ANALYSIS

LIST OF TABLES

  • TABLE 1. EUROPE MICROGRID MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 2. EUROPE MICROGRID MARKET, BY OFFERINGS, 2019-2027 (IN $ MILLION)
  • TABLE 3. EUROPE MICROGRID MARKET, BY TYPES, 2019-2027 (IN $ MILLION)
  • TABLE 4. EUROPE MICROGRID MARKET, BY CONSUMPTION PATTERNS, 2019-2027 (IN $ MILLION)
  • TABLE 5. EUROPE MICROGRID MARKET, BY VERTICALS 2019-2027 (IN $ MILLION)
  • TABLE 6. OPPORTUNITY MATRIX
  • TABLE 7. VENDOR LANDSCAPE
  • TABLE 8. LEGAL, POLICY & REGULATORY FRAMEWORK
  • TABLE 9. EUROPE MICROGRID MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1. EUROPE MICROGRID MARKET, BY VERTICALS, 2018 & 2027 (IN %)
  • FIGURE 2. EUROPE MICROGRID MARKET, BY HARDWARE, 2019-2027 (IN $ MILLION)
  • FIGURE 3. EUROPE MICROGRID MARKET, BY SOFTWARE, 2019-2027 (IN $ MILLION)
  • FIGURE 4. EUROPE MICROGRID MARKET, BY SERVICES, 2019-2027 (IN $ MILLION)
  • FIGURE 5. EUROPE MICROGRID MARKET, BY GRID CONNECTED, 2019-2027 (IN $ MILLION)
  • FIGURE 6. EUROPE MICROGRID MARKET, BY REMOTE/ISLAND/OFF-GRID, 2019-2027 (IN $ MILLION)
  • FIGURE 7. EUROPE MICROGRID MARKET, BY SEMI-URBAN, 2019-2027 (IN $ MILLION)
  • FIGURE 8. EUROPE MICROGRID MARKET, BY URBAN/METROPOLITAN, 2019-2027 (IN $ MILLION)
  • FIGURE 9. EUROPE MICROGRID MARKET, BY RURAL/ISLAND, 2019-2027 (IN $ MILLION)
  • FIGURE 10. EUROPE MICROGRID MARKET, BY INDUSTRIAL, 2019-2027 (IN $ MILLION)
  • FIGURE 11. EUROPE MICROGRID MARKET, BY HEALTHCARE, 2019-2027 (IN $ MILLION)
  • FIGURE 12. EUROPE MICROGRID MARKET, BY EDUCATION, 2019-2027 (IN $ MILLION)
  • FIGURE 13. EUROPE MICROGRID MARKET, BY MILITARY, 2019-2027 (IN $ MILLION)
  • FIGURE 14. EUROPE MICROGRID MARKET, BY GOVERNMENT & UTILITIES, 2019-2027 (IN $ MILLION)
  • FIGURE 15. EUROPE MICROGRID MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)
  • FIGURE 16. PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 17. EUROPE MICROGRID MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
  • FIGURE 18. UNITED KINGDOM MICROGRID MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 19. FRANCE MICROGRID MARKET, 2019-2027 (IN $ MILLIONS)
  • FIGURE 20. ITALY MICROGRID MARKET, 2019-2027 (IN $ MILLIONS)
  • FIGURE 21. RUSSIA MICROGRID MARKET, 2019-2027 (IN $ MILLIONS)
  • FIGURE 22. SPAIN MICROGRID MARKET, 2019-2027 (IN $ MILLIONS)
  • FIGURE 23. GERMANY MICROGRID MARKET, 2019-2027 (IN $ MILLIONS)
  • FIGURE 24. REST OF EUROPE MICROGRID MARKET, 2019-2027 (IN $ MILLIONS)
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