Microgrid as a Service (MaaS) Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

A microgrid is a small level power grid that can function on its own and independent of a location's primary electrical grid. Furthermore, a microgrid can be utilized in conjunction with the primary grid, a factor that opens up a number of opportunities and possibilities. The main function of a microgrid is to be a fallback for industries or structures in the event of failure of the primary grid, or when the primary grind is unable to supply sufficient power during peak hours.

MARKET DYNAMICS

The deficit of traditional grids with legacy infrastructures is a major factor driving governments of several countries to accept initiatives to encourage the deployment of the microgrid as a services model, thereby propelling the growth of the microgrid-as-a-service market. The demand for electricity during emergencies, ascending from the defense sector and the hospitals, is anticipated to drive the demand for microgrid as a service market.

MARKET SCOPE

The "Global Microgrid as a Service (MaaS) Market Analysis to 2031" is a specialized and in-depth study of the microgrid as a service (MaaS) market with a special focus on the global market trend analysis. The report aims to provide an overview of microgrid as a service (MaaS) market with detailed market segmentation by grid type, service type, vertical. The global microgrid as a service (MaaS) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading microgrid as a service (MaaS) market player and offers key trends and opportunities in the microgrid as a service (MaaS) market.

MARKET SEGMENTATION

The global microgrid as a service (MaaS) market is segmented on the basis of grid type, service type, vertical. On the basis of grid type, the market is segmented as grid connected, remote/islanded. On the basis of service type, the market is segmented as engineering & design service, software as a service (SaaS), monitoring & control service, operation & maintenance service. On the basis of vertical, the market is segmented as government & education, residential & commercial, industrial, military, utility.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global microgrid as a service (MaaS) market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The microgrid as a service (MaaS) market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting microgrid as a service (MaaS) market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the microgrid as a service (MaaS) market in these regions.

MARKET PLAYERS

The reports cover key developments in the microgrid as a service (MaaS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from microgrid as a service (MaaS) market are anticipated to lucrative growth opportunities in the future with the rising demand for microgrid as a service (MaaS) market. Below mentioned is the list of few companies engaged in the microgrid as a service (MaaS) market.

The report also includes the profiles of key microgrid as a service (MaaS) market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  ABB Ltd.
  
•  Anbaric Development Partners
  
•  Duke Energy Corporation
  
•  Eaton Corporation PLC
  
•  General Electric
  
•  Green Energy Corp.
  
•  Pareto Energy
  
•  Schneider Electric
  
•  Siemens AG
  
•  Spirae, Inc.
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Microgrid as a Service (MaaS) Report Scope