1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Electric Power Market Trends
United States Microgrid Market By Type, By Consumption Pattern, By Power Source, By End User Industry, By Region, Forecast & Opportunities, 2025

United States Microgrid Market By Type, By Consumption Pattern, By Power Source, By End User Industry, By Region, Forecast & Opportunities, 2025

  • May 2020
  • 79 pages
  • ID: 5916961
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

This report is 80% complete and can be delivered within three working days post order confirmation and will include the latest impact analysis of Covid-19 in 2020 and forecast.

United States Microgrid Market By Type (Grid Connected, Remote/Island, Hybrid), By Consumption Pattern (Urban & Metropolitan, Semi-urban, and Rural/Island), By Power Source (Natural Gas, Solar PV, Diesel, Fuel Cell), By End User Industry (Industrial, Educational Institutes, Healthcare, Utilities, Military, Others), By Region, Forecast & Opportunities, 2025

United States microgrid market is expected to grow at a formidable rate during the forecast period.The United States microgrid market is driven by the growing need to reduce total greenhouse gas emissions and use of cleaner forms of energy to meet the growing energy demands.

Additionally, increasing demand for uninterrupted power supply & resilient power infrastructure is further fueling the market. Moreover, growing industrialization and supportive government initiatives & policies towards green energy are further expected to drive the market during forecast period.

The United States microgrid market is segmented based on type, consumption pattern, power source, end user industry, company and region.Based on power source, the market can be categorized into natural gas, solar PV, diesel and fuel cell.

The natural gas segment is expected to dominate the market on account of the increasing exploration of unconventional energy sources across the United States.Additionally, widespread adoption of natural gas as a low emission substitute to conventional sources of fuel is further fueling the growth of the segment in microgrid market.

Based on end user industry, the market can be fragmented into industrial, educational institutes, healthcare, utilities, military and others.The utilities segment is expected to witness significant growth during the forecast period.

This can be ascribed to the rapid industrialization and urbanization across the country. Furthermore, increasing electricity consumption coupled with the presence of new HVAC and heavy load machinery systems in the industrial sector is anticipated to drive the growth of segment during the forecast years.

Major players operating in the United States microgrid market include General Electric Company, Honeywell International Inc., S&C Electric Company, Exelon Corporation, Homer Energy LLC (AWS Truepower, LLC), Power Analytics Corp (Causam Energy, Inc.), Eaton Corporation Inc, ABB Ltd., Siemens, Schneider Electric IT USA, Inc. and others. The companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments. For instance, in March 2018, GE launched the GE Reservoir - a comprehensive energy storage platform. It delivers a suite of customized storage solutions to help customers address new challenges and seek new opportunities in a rapidly transforming power grid.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025

Objective of the Study:

• To analyze and forecast the market size of United States microgrid market.
• To classify and forecast United States microgrid market based on type, consumption pattern, power source, end user industry, company and regional distribution.
• To identify drivers and challenges for United States microgrid market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States microgrid market.
• To identify and analyze the profile of leading players operating in United States microgrid market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the manufacturers, distribution channels and presence of all major players across the country.
The analyst calculated the market size of United States microgrid market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Microgrid manufacturers, suppliers, vendors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to microgrid
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, United States microgrid market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Type:
o Grid Connected
o Remote/Island
o Hybrid
• Market, By Consumption Pattern:
o Urban & Metropolitan
o Semi-urban
o Rural/Island
• Market, By Power Source:
o Natural Gas
o Solar PV
o Diesel
o Fuel Cell
• Market, By End User Industry:
o Industrial
o Educational Institutes
o Healthcare
o Utilities
o Military
o Others
• Market, By Region:
o North-East
o Mid-West
o West
o South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States microgrid market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Microgrid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • $ 2299
  • May 2021
  • 124 pages

The global microgrid market reached a value of US$ 24.2 Billion in 2020. Looking forward, the analyst expects the market to exhibit strong growth during the next five years. A microgrid is a distinct energy ...

  • World
  • Microgrid
  • Industry analysis
  • Greenhouse Gas Emissions

ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on