Jan 31, 2018   SOURCE: BusinessWire

Asia-Pacific Microgrid Market Analysis & Forecast 2017-2026 - Focus on Technology Type, Energy Generation & Energy Storage & Application - ResearchAndMarkets.com

The "APAC Microgrid Market - Analysis & Forecast (2017-2026) Focus on Technology Type: Energy Generation (Solar PV, Wind Turbine, Diesel Gensets) & Energy Storage (Lithium Ion Batteries, Lead Acid Batteries), Application: Residential & Commercial" report has been added to ResearchAndMarkets.com's offering.

Asia Pacific Microgrid Market Anticipated to Reach $22,560.4 Million by 2026

APAC Microgrid Market provides an in-depth analysis of the key development strategies and market trend dynamics which includes drivers, challenges, and opportunities prevailing in the industry. Moreover, value chain analysis, consortiums, and patents have also been included in the report.

The key development strategies adopted by microgrid solution providers have also been included in the report. The key regulations with respect to the utility industry, rural electrification policies, and renewable energy policies have also been considered in the report because of the compliance requirements which are expected to promote the use of microgrids in APAC.

The adoption and implementation of microgrids in the APAC region is at a nascent stage. The companies have been investing extensively in the microgrids development and demonstration projects. However, it has been witnessed that the demonstration projects do not have a business model. Therefore, the market estimation has been built on detailed assumptions and limitations. The market has been estimated on the basis of different types of energy generation and energy storage solutions used in microgrids, their use across different applications, and geographical analysis.

The report profiles 13 organizations across Asia Pacific on the basis of manufacturers, and solution providers working across the microgrid industry, and providing their products in APAC.

Market Dynamics

Market Drivers

  • Policy Mandates to Meet the Increasing Energy Demand
  • Grid Reliability and Expansion Costs
  • Decreasing Costs of Renewable Energy Generation and Storage Technologies

Market Challenges

  • High Upfront Cost - A Major Financial Barrier
  • Policy Uncertainty Related to Procedures

Market Opportunities

  • Introduction of Next Generation Technologies in Microgrids

Key Topics Covered:

1 Research Scope and Methodology

2 Market Dynamics

3 Competitive Insights

4 Industry Analysis

5 APAC Microgrid Market, Analysis & Forecast (2016-2026)

6 Asia Pacific Microgrid Market by Technology

7 Asia Pacific Microgrid Market by Application

8 Asia Pacific Microgrid Market by Country

9 Company Profiles

  • ABB Ltd.
  • APT Consulting Group Co. Ltd.
  • Hitachi
  • Honeywell International Inc.
  • Mitsubishi Electric
  • Panasonic Corporation
  • Samsung Electronics Co. Ltd.
  • Schneider Electric
  • Siemens AG
  • Tesla Motors Inc.
  • TOSHIBA

For more information about this report visit https://www.researchandmarkets.com/research/gxv7g5/asiapacific?w=4