Feb 28, 2018   SOURCE: BusinessWire

Global Microgrid Market Report 2018 - ResearchAndMarkets.com

The "The Global Microgrid Market Report 2018" report has been added to ResearchAndMarkets.com's offering.

A microgrid is not a single technology, but rather a system of systems that can be applied by multiple stakeholders. Microgrids differ from conventional electrical distribution system as it acts a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses.

Numerous countries are now focusing on improving their grid infrastructure on account of constantly rising energy cost, aging infrastructure, mass electrification, and climatic changes. Rising importance of captive electricity generation as a key alternative to the regulated power supply by municipal regulators in mining and mechanical engineering sectors is expected to have a strong impact. Small-scale microgrids promise to bring electricity to the 1.3 billion people mostly rural people worldwide who currently lack it.

Deployment of captive power generation as a key alternative to the regulated electricity supply in industrial sector will positively impact the business growth. Regulatory inclination to maintain central grid stability coupled with growing measures toward security of power supply will fuel the microgrid market.

Rapid technological advancements in line with the development of efficient energy storage systems and control distribution units will further complement the industry outlook. Utility microgrid market is set to grow owing to the rapid industrialization and urbanization across the emerging economies.

Why you should buy The Global Microgrid Market 2018:

  • 269 pages of comprehensive analysis
  • 86 tables, charts, and graphs quantifying the market in detail
  • Global Microgrid market forecasts between 2018 and 2028

Outlooks for end-user Microgrid markets including:

  • Healthcare & Government
  • Community & Utility Distribution
  • Commercial & Industrial
  • Institutional & Campus
  • Remote, Island & Village
  • Military Microgrid

Key Highlights:

  • A Drivers & Restraints analysis examining the Microgrid market
  • 80 key companies identified and profiled operating within the Microgrid Market

For more information about this report visit https://www.researchandmarkets.com/research/3983mr/global_microgrid?w=4