Global Microgrid as A Service Market 2024-2028

Description

List of Tables

The microgrid as a service market is forecasted to grow by USD 8658.3 mn during 2023-2028, accelerating at a CAGR of 16.83% during the forecast period. The report on the microgrid as a service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for microgrids, increasing government support and growing need for better power systems, and several benefits of microgrid as a service.

Technavio's microgrid as a service market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	14.01%
CAGR	16.83%
Incremental Value	$8658.3mn

By Service Type

Software as a service
Monitoring and control services
Engineering and design services

By Type

Remote
Grid-connected
Networked

By Geography

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the rapid advances in technology as one of the prime reasons driving the microgrid as a service market growth during the next few years. Also, rise in demand for monitoring and optimization services to develop sustainable power grids and growing use of microgrids in military applications will lead to sizable demand in the market.

The report on the microgrid as a service market covers the following areas:

Microgrid as a service market sizing
Microgrid as a service market forecast
Microgrid as a service market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading microgrid as a service market vendors that include ABB Ltd., Aggreko Plc, AIO Systems Ltd., Anbaric Development Partners LLC, Canopy Power, Capstone Green Energy Corp., Duke Energy Corp., Eaton Corp. Plc, Emerson Electric Co., Enchanted Rock LLC, ENGIE SA, General Electric Co., General MicroGrids, Metco Engineering, NRG Energy Inc., Pareto Energy, Schneider Electric SE, Siemens AG, Spirae LLC, Tech Mahindra Ltd., and Tesla Inc.. Also, the microgrid as a service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75027

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Service Type
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Microgrid As A Service Market 2018 - 2022
- Historic Market Size - Data Table on Global Microgrid As A Service Market 2018 - 2022 ($ million)
4.2 Service Type segment analysis 2018 - 2022
- Historic Market Size - Service Type Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Service Type

6.1 Market segments
- Chart on Service Type - Market share 2023-2028 (%)
- Data Table on Service Type - Market share 2023-2028 (%)
6.2 Comparison by Service Type
- Chart on Comparison by Service Type
- Data Table on Comparison by Service Type
6.3 Software as a service - Market size and forecast 2023-2028
- Chart on Software as a service - Market size and forecast 2023-2028 ($ million)
- Data Table on Software as a service - Market size and forecast 2023-2028 ($ million)
- Chart on Software as a service - Year-over-year growth 2023-2028 (%)
- Data Table on Software as a service - Year-over-year growth 2023-2028 (%)
6.4 Monitoring and control services - Market size and forecast 2023-2028
- Chart on Monitoring and control services - Market size and forecast 2023-2028 ($ million)
- Data Table on Monitoring and control services - Market size and forecast 2023-2028 ($ million)
- Chart on Monitoring and control services - Year-over-year growth 2023-2028 (%)
- Data Table on Monitoring and control services - Year-over-year growth 2023-2028 (%)
6.5 Engineering and design services - Market size and forecast 2023-2028
- Chart on Engineering and design services - Market size and forecast 2023-2028 ($ million)
- Data Table on Engineering and design services - Market size and forecast 2023-2028 ($ million)
- Chart on Engineering and design services - Year-over-year growth 2023-2028 (%)
- Data Table on Engineering and design services - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Service Type
- Market opportunity by Service Type ($ million)
- Data Table on Market opportunity by Service Type ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Remote - Market size and forecast 2023-2028
- Chart on Remote - Market size and forecast 2023-2028 ($ million)
- Data Table on Remote - Market size and forecast 2023-2028 ($ million)
- Chart on Remote - Year-over-year growth 2023-2028 (%)
- Data Table on Remote - Year-over-year growth 2023-2028 (%)
7.4 Grid-connected - Market size and forecast 2023-2028
- Chart on Grid-connected - Market size and forecast 2023-2028 ($ million)
- Data Table on Grid-connected - Market size and forecast 2023-2028 ($ million)
- Chart on Grid-connected - Year-over-year growth 2023-2028 (%)
- Data Table on Grid-connected - Year-over-year growth 2023-2028 (%)
7.5 Networked - Market size and forecast 2023-2028
- Chart on Networked - Market size and forecast 2023-2028 ($ million)
- Data Table on Networked - Market size and forecast 2023-2028 ($ million)
- Chart on Networked - Year-over-year growth 2023-2028 (%)
- Data Table on Networked - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
12.4 Aggreko Plc
- Aggreko Plc - Overview
- Aggreko Plc - Product / Service
- Aggreko Plc - Key offerings
12.5 AIO Systems Ltd.
- AIO Systems Ltd. - Overview
- AIO Systems Ltd. - Product / Service
- AIO Systems Ltd. - Key offerings
12.6 Anbaric Development Partners LLC
- Anbaric Development Partners LLC - Overview
- Anbaric Development Partners LLC - Product / Service
- Anbaric Development Partners LLC - Key offerings
12.7 Capstone Green Energy Corp.
- Capstone Green Energy Corp. - Overview
- Capstone Green Energy Corp. - Business segments
- Capstone Green Energy Corp. - Key news
- Capstone Green Energy Corp. - Key offerings
- Capstone Green Energy Corp. - Segment focus
12.8 Eaton Corp. Plc
- Eaton Corp. Plc - Overview
- Eaton Corp. Plc - Business segments
- Eaton Corp. Plc - Key news
- Eaton Corp. Plc - Key offerings
- Eaton Corp. Plc - Segment focus
12.9 ENGIE SA
- ENGIE SA - Overview
- ENGIE SA - Business segments
- ENGIE SA - Key news
- ENGIE SA - Key offerings
- ENGIE SA - Segment focus
12.10 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
12.11 NRG Energy Inc.
- NRG Energy Inc. - Overview
- NRG Energy Inc. - Business segments
- NRG Energy Inc. - Key offerings
- NRG Energy Inc. - Segment focus
12.12 Pareto Energy
- Pareto Energy - Overview
- Pareto Energy - Product / Service
- Pareto Energy - Key offerings
12.13 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
12.14 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
12.15 Spirae LLC
- Spirae LLC - Overview
- Spirae LLC - Product / Service
- Spirae LLC - Key offerings
12.16 Tech Mahindra Ltd.
- Tech Mahindra Ltd. - Overview
- Tech Mahindra Ltd. - Business segments
- Tech Mahindra Ltd. - Key news
- Tech Mahindra Ltd. - Key offerings
- Tech Mahindra Ltd. - Segment focus
12.17 Tesla Inc.
- Tesla Inc. - Overview
- Tesla Inc. - Business segments
- Tesla Inc. - Key news
- Tesla Inc. - Key offerings
- Tesla Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations