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Synopsis
A microgrid, as defined by the U.S. Department of Energy Microgrid Exchange Group, is a group of interconnected loads and distributed energy resources within clearly defined electrical boundaries that acts as a single controllable entity with respect to the grid. A microgrid can connect and disconnect from the grid to enable it to operate in both grid-connected or island-mode.
The global Modular Microgrids market was valued at US$ 1667.2 million in 2023 and is anticipated to reach US$ 3051.2 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.
Global modular microgrids key players include PowerSecure, Schweitzer Engineering Laboratories, Schneider Electric, Eaton, SMA Solar Technology, etc. Global top 5 manufacturers hold a share about 40%.
North America is the largest market, with a share over 40%, followed by Asia-Pacific and Europe, both have a share over 50 percent. In terms of product, hardware system is the largest segment, with a share over 85%. And in terms of application, the largest application is commercial and industrial, followed by remote.
This report aims to provide a comprehensive presentation of the global market for Modular Microgrids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Modular Microgrids.
Report Scope
The Modular Microgrids market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Modular Microgrids market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Modular Microgrids companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company (Partial List)
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Modular Microgrids companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Modular Microgrids Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware System
1.2.3 Software System
1.3 Market by Application
1.3.1 Global Modular Microgrids Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Remote
1.3.3 Commercial and Industrial
1.3.4 Utility Distribution
1.3.5 Institutional and Military
1.3.6 Community and Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Modular Microgrids Market Perspective (2019-2030)
2.2 Modular Microgrids Growth Trends by Region
2.2.1 Global Modular Microgrids Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Modular Microgrids Historic Market Size by Region (2019-2024)
2.2.3 Modular Microgrids Forecasted Market Size by Region (2025-2030)
2.3 Modular Microgrids Market Dynamics
2.3.1 Modular Microgrids Industry Trends
2.3.2 Modular Microgrids Market Drivers
2.3.3 Modular Microgrids Market Challenges
2.3.4 Modular Microgrids Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Modular Microgrids Players by Revenue
3.1.1 Global Top Modular Microgrids Players by Revenue (2019-2024)
3.1.2 Global Modular Microgrids Revenue Market Share by Players (2019-2024)
3.2 Global Modular Microgrids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Modular Microgrids Revenue
3.4 Global Modular Microgrids Market Concentration Ratio
3.4.1 Global Modular Microgrids Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Modular Microgrids Revenue in 2023
3.5 Modular Microgrids Key Players Head office and Area Served
3.6 Key Players Modular Microgrids Product Solution and Service
3.7 Date of Enter into Modular Microgrids Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Modular Microgrids Breakdown Data by Type
4.1 Global Modular Microgrids Historic Market Size by Type (2019-2024)
4.2 Global Modular Microgrids Forecasted Market Size by Type (2025-2030)
5 Modular Microgrids Breakdown Data by Application
5.1 Global Modular Microgrids Historic Market Size by Application (2019-2024)
5.2 Global Modular Microgrids Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Modular Microgrids Market Size (2019-2030)
6.2 North America Modular Microgrids Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Modular Microgrids Market Size by Country (2019-2024)
6.4 North America Modular Microgrids Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Modular Microgrids Market Size (2019-2030)
7.2 Europe Modular Microgrids Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Modular Microgrids Market Size by Country (2019-2024)
7.4 Europe Modular Microgrids Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Modular Microgrids Market Size (2019-2030)
8.2 Asia-Pacific Modular Microgrids Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Modular Microgrids Market Size by Region (2019-2024)
8.4 Asia-Pacific Modular Microgrids Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Modular Microgrids Market Size (2019-2030)
9.2 Latin America Modular Microgrids Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Modular Microgrids Market Size by Country (2019-2024)
9.4 Latin America Modular Microgrids Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Modular Microgrids Market Size (2019-2030)
10.2 Middle East & Africa Modular Microgrids Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Modular Microgrids Market Size by Country (2019-2024)
10.4 Middle East & Africa Modular Microgrids Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB-Hitachi
11.1.1 ABB-Hitachi Company Detail
11.1.2 ABB-Hitachi Business Overview
11.1.3 ABB-Hitachi Modular Microgrids Introduction
11.1.4 ABB-Hitachi Revenue in Modular Microgrids Business (2019-2024)
11.1.5 ABB-Hitachi Recent Development
11.2 Schneider Electric
11.2.1 Schneider Electric Company Detail
11.2.2 Schneider Electric Business Overview
11.2.3 Schneider Electric Modular Microgrids Introduction
11.2.4 Schneider Electric Revenue in Modular Microgrids Business (2019-2024)
11.2.5 Schneider Electric Recent Development
11.3 PowerSecure
11.3.1 PowerSecure Company Detail
11.3.2 PowerSecure Business Overview
11.3.3 PowerSecure Modular Microgrids Introduction
11.3.4 PowerSecure Revenue in Modular Microgrids Business (2019-2024)
11.3.5 PowerSecure Recent Development
11.4 GE Grid Solutions
11.4.1 GE Grid Solutions Company Detail
11.4.2 GE Grid Solutions Business Overview
11.4.3 GE Grid Solutions Modular Microgrids Introduction
11.4.4 GE Grid Solutions Revenue in Modular Microgrids Business (2019-2024)
11.4.5 GE Grid Solutions Recent Development
11.5 Siemens
11.5.1 Siemens Company Detail
11.5.2 Siemens Business Overview
11.5.3 Siemens Modular Microgrids Introduction
11.5.4 Siemens Revenue in Modular Microgrids Business (2019-2024)
11.5.5 Siemens Recent Development
11.6 Eaton
11.6.1 Eaton Company Detail
11.6.2 Eaton Business Overview
11.6.3 Eaton Modular Microgrids Introduction
11.6.4 Eaton Revenue in Modular Microgrids Business (2019-2024)
11.6.5 Eaton Recent Development
11.7 Schweitzer Engineering Laboratories
11.7.1 Schweitzer Engineering Laboratories Company Detail
11.7.2 Schweitzer Engineering Laboratories Business Overview
11.7.3 Schweitzer Engineering Laboratories Modular Microgrids Introduction
11.7.4 Schweitzer Engineering Laboratories Revenue in Modular Microgrids Business (2019-2024)
11.7.5 Schweitzer Engineering Laboratories Recent Development
11.8 Bloom Energy
11.8.1 Bloom Energy Company Detail
11.8.2 Bloom Energy Business Overview
11.8.3 Bloom Energy Modular Microgrids Introduction
11.8.4 Bloom Energy Revenue in Modular Microgrids Business (2019-2024)
11.8.5 Bloom Energy Recent Development
11.9 SMA Solar Technology
11.9.1 SMA Solar Technology Company Detail
11.9.2 SMA Solar Technology Business Overview
11.9.3 SMA Solar Technology Modular Microgrids Introduction
11.9.4 SMA Solar Technology Revenue in Modular Microgrids Business (2019-2024)
11.9.5 SMA Solar Technology Recent Development
11.10 Gridscape
11.10.1 Gridscape Company Detail
11.10.2 Gridscape Business Overview
11.10.3 Gridscape Modular Microgrids Introduction
11.10.4 Gridscape Revenue in Modular Microgrids Business (2019-2024)
11.10.5 Gridscape Recent Development
11.11 SimpliPhi Power
11.11.1 SimpliPhi Power Company Detail
11.11.2 SimpliPhi Power Business Overview
11.11.3 SimpliPhi Power Modular Microgrids Introduction
11.11.4 SimpliPhi Power Revenue in Modular Microgrids Business (2019-2024)
11.11.5 SimpliPhi Power Recent Development
11.12 Scale Microgrid Solutions
11.12.1 Scale Microgrid Solutions Company Detail
11.12.2 Scale Microgrid Solutions Business Overview
11.12.3 Scale Microgrid Solutions Modular Microgrids Introduction
11.12.4 Scale Microgrid Solutions Revenue in Modular Microgrids Business (2019-2024)
11.12.5 Scale Microgrid Solutions Recent Development
11.13 Gham Power
11.13.1 Gham Power Company Detail
11.13.2 Gham Power Business Overview
11.13.3 Gham Power Modular Microgrids Introduction
11.13.4 Gham Power Revenue in Modular Microgrids Business (2019-2024)
11.13.5 Gham Power Recent Development
11.14 BoxPower
11.14.1 BoxPower Company Detail
11.14.2 BoxPower Business Overview
11.14.3 BoxPower Modular Microgrids Introduction
11.14.4 BoxPower Revenue in Modular Microgrids Business (2019-2024)
11.14.5 BoxPower Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research