Microgrid as a Service Market SWOT Analysis by Size, Status, Development and Forecast 2030
According to HTF Market Intelligence, the Microgrid as a Service Market is Anticipated to grow at a CAGR of 15.93% during the forecast period.
Microgrid as a Service Market Overview
A Microgrid efficiently incorporate numerous sources of distributed energy generation and manages transition between stand-alone modes and in grid- connected. Globally microgrid as a service market is expected to mark significant growth owing to surging demand from remote areas, increasing need of renewable energy sources and continuous & reliable source of power and electrical energy.
Some of the companies listed in the study from the complete survey list are General Electric (United States), Eaton Corp. PLC (Ireland), Siemens AG (Germany), Pareto Energy (United States), Spirae, Inc. (United States), Green Energy Corporation (United States), Northern Power Systems Corp. (United States), Xelon Corporation (United States), NRG Energy, Inc. (United States), Anbaric Transmission, LLC (United States), Solar City Inc. (United States).
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Market Trends
Increasing Adoption of Customer Owned Microgrids
Increasing Demand from Defense, Hospitals, and Remote Regions
Market Drivers
Declining Operational Cost
Increasing Government Investment in Microgrid Infrastructure
Market Opportunities:
Rising Usage of Behind the Meter Microgrid Virtual Batteries
Microgrid as a Service Market Segmentation
The Microgrid as a Service Market is Segmented by Application (Government & Education, Residential & Commercial, Industrial, Military, Utility, Others) by Type (Grid Connected, Remote, Others) by Service (Engineering & Design Service, Software as a Service (SaaS), Monitoring & Control Service, Operation & Maintenance Service, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
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