Stratview Research has recently published a report on the Microgrid Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028

Microgrid Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Microgrid Market  was estimated to grow from USD 24.5 billion in 2021 to USD 82.79 billion in 2028 at a CAGR of 19% during the forecast period.

Some of the companies drives the market growth:

  • Eaton
  • Siemens
  • GE
  • Caterpillar
  • Schneider Electric
  • HOMER Energy
  • Honeywell International
  • Toshiba Corporation
  • AMS
  • S&C Electric
  • Tesla
  • Hitachi ABB Power Grids
  • Spirae
  • General Microgrids
  • Lockheed Martin Corporation
  • Heila Technologies
  • Exelon Corporation.

To download a free sample of the report, Click Here: https://www.stratviewresearch.com/Request-Sample/2021/Microgrid-Market.html#form

Segments Analysis

By Connectivity Type

The market is segmented as grid connected and off grid. The grid connected segment is expected to witness significant growth rate in the market during the forecast period.

By Grid Type

The market is segmented as AC microgrid, DC microgrid, and hybrid. AC microgrid type is expected to register high growth rate in the market owing to its lower transmission losses, minimum heat generation, and effective high-end voltage levels across the network.

By Application Type

The market is segmented as healthcare, educational institutes, military, utility, industrial/commercial, remote, and others. The industrial/commercial application is estimated to account for the major share of the market during the forecast period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

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