Intelligent Modular Microgrid Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Intelligent modular microgrids are more efficient in their usage of electricity. A microgrid is made up of a network of interconnected IoT devices that collect and exchange data using embedded software and sensors. Inverters, battery storage units, and power generators all have these devices installed to measure and record various power usage and other data points in fractions of a second. Eaton technologies use a set of platform-agnostic tools to connect these connected devices.
MARKET DYNAMICS
Microgrid applications give local consumers more autonomy and help them achieve energy independence. A smart modular microgrid can be built in several shapes and sizes. It can power a single facility as well as a vast area like as a city or college campus. Remote, customer-owned, and utility distribution are the most common types. As a result, the market's expansion is being fueled by the increasing use of the same for power generation in a variety of applications.
MARKET SCOPE
The "Global Intelligent Modular Microgrid Market Analysis To 2031" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The intelligent modular microgrid market report aims to provide an overview of the intelligent modular microgrid market with detailed market segmentation by component, application, and geography. The global intelligent modular microgrid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading intelligent modular microgrid market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global intelligent modular microgrid market is segmented based on component, application. Based on component, the intelligent modular microgrid market is segmented into hardware, software. Based on application, the intelligent modular microgrid market is segmented into commercial, industrial, military, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global intelligent modular microgrid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The intelligent modular microgrid market by each region is later sub-segmented by respective countries and segments. The intelligent modular microgrid market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the intelligent modular microgrid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the intelligent modular microgrid market in these regions.
IMPACT OF COVID-19 ON INTELLIGENT MODULAR MICROGRID MARKET
The sudden outbreak of the COIVD-19 pandemic negatively impacted the growth of the global intelligent modular microgrid market. The supply chain disruptions influenced the decline in demand for intelligent modular microgrid hardware. Additionally, the stringent lockdown imposed by various government bodies across impacted the manufacturers of intelligent modular microgrid thereby impacting the growth of the global intelligent modular microgrid market.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global intelligent modular microgrid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The intelligent modular microgrid market by each region is later sub-segmented by respective countries and segments. The intelligent modular microgrid market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the intelligent modular microgrid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the intelligent modular microgrid market in these regions.
IMPACT OF COVID-19 ON INTELLIGENT MODULAR MICROGRID MARKET
The sudden outbreak of the COIVD-19 pandemic negatively impacted the growth of the global intelligent modular microgrid market. The supply chain disruptions influenced the decline in demand for intelligent modular microgrid hardware. Additionally, the stringent lockdown imposed by various government bodies across impacted the manufacturers of intelligent modular microgrid thereby impacting the growth of the global intelligent modular microgrid market.
MARKET PLAYERS
The reports cover key developments in the intelligent modular microgrid 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 the expansion of business and customer base of market players. The market players from intelligent modular microgrid market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the intelligent modular microgrid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the intelligent modular microgrid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Eaton
- Operation Technology, Inc.
- GE Grid Solutions
- Gham Power
- Schneider Electric
- Siemens
- Schweitzer Engineering Laboratories, Inc
- PowerSecure, Inc.
- NIDEC CORPORATION
- SAGE Automation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Intelligent Modular Microgrid Market - By Component
1.3.2 Intelligent Modular Microgrid Market - By Application
1.3.3 Intelligent Modular Microgrid Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INTELLIGENT MODULAR MICROGRID MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. INTELLIGENT MODULAR MICROGRID MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INTELLIGENT MODULAR MICROGRID MARKET - GLOBAL MARKET ANALYSIS
6.1. INTELLIGENT MODULAR MICROGRID - GLOBAL MARKET OVERVIEW
6.2. INTELLIGENT MODULAR MICROGRID - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. INTELLIGENT MODULAR MICROGRID MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
8. INTELLIGENT MODULAR MICROGRID MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL
8.3.1. Overview
8.3.2. Commercial Market Forecast and Analysis
8.4. INDUSTRIAL
8.4.1. Overview
8.4.2. Industrial Market Forecast and Analysis
8.5. MILITARY
8.5.1. Overview
8.5.2. Military Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. INTELLIGENT MODULAR MICROGRID MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Intelligent Modular Microgrid Market Overview
9.1.2 North America Intelligent Modular Microgrid Market Forecasts and Analysis
9.1.3 North America Intelligent Modular Microgrid Market Forecasts and Analysis - By Component
9.1.4 North America Intelligent Modular Microgrid Market Forecasts and Analysis - By Application
9.1.5 North America Intelligent Modular Microgrid Market Forecasts and Analysis - By Countries
9.1.5.1 United States Intelligent Modular Microgrid Market
9.1.5.1.1 United States Intelligent Modular Microgrid Market by Component
9.1.5.1.2 United States Intelligent Modular Microgrid Market by Application
9.1.5.2 Canada Intelligent Modular Microgrid Market
9.1.5.2.1 Canada Intelligent Modular Microgrid Market by Component
9.1.5.2.2 Canada Intelligent Modular Microgrid Market by Application
9.1.5.3 Mexico Intelligent Modular Microgrid Market
9.1.5.3.1 Mexico Intelligent Modular Microgrid Market by Component
9.1.5.3.2 Mexico Intelligent Modular Microgrid Market by Application
9.2. EUROPE
9.2.1 Europe Intelligent Modular Microgrid Market Overview
9.2.2 Europe Intelligent Modular Microgrid Market Forecasts and Analysis
9.2.3 Europe Intelligent Modular Microgrid Market Forecasts and Analysis - By Component
9.2.4 Europe Intelligent Modular Microgrid Market Forecasts and Analysis - By Application
9.2.5 Europe Intelligent Modular Microgrid Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Intelligent Modular Microgrid Market
9.2.5.1.1 Germany Intelligent Modular Microgrid Market by Component
9.2.5.1.2 Germany Intelligent Modular Microgrid Market by Application
9.2.5.2 France Intelligent Modular Microgrid Market
9.2.5.2.1 France Intelligent Modular Microgrid Market by Component
9.2.5.2.2 France Intelligent Modular Microgrid Market by Application
9.2.5.3 Italy Intelligent Modular Microgrid Market
9.2.5.3.1 Italy Intelligent Modular Microgrid Market by Component
9.2.5.3.2 Italy Intelligent Modular Microgrid Market by Application
9.2.5.4 United Kingdom Intelligent Modular Microgrid Market
9.2.5.4.1 United Kingdom Intelligent Modular Microgrid Market by Component
9.2.5.4.2 United Kingdom Intelligent Modular Microgrid Market by Application
9.2.5.5 Russia Intelligent Modular Microgrid Market
9.2.5.5.1 Russia Intelligent Modular Microgrid Market by Component
9.2.5.5.2 Russia Intelligent Modular Microgrid Market by Application
9.2.5.6 Rest of Europe Intelligent Modular Microgrid Market
9.2.5.6.1 Rest of Europe Intelligent Modular Microgrid Market by Component
9.2.5.6.2 Rest of Europe Intelligent Modular Microgrid Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Intelligent Modular Microgrid Market Overview
9.3.2 Asia-Pacific Intelligent Modular Microgrid Market Forecasts and Analysis
9.3.3 Asia-Pacific Intelligent Modular Microgrid Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Intelligent Modular Microgrid Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Intelligent Modular Microgrid Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Intelligent Modular Microgrid Market
9.3.5.1.1 Australia Intelligent Modular Microgrid Market by Component
9.3.5.1.2 Australia Intelligent Modular Microgrid Market by Application
9.3.5.2 China Intelligent Modular Microgrid Market
9.3.5.2.1 China Intelligent Modular Microgrid Market by Component
9.3.5.2.2 China Intelligent Modular Microgrid Market by Application
9.3.5.3 India Intelligent Modular Microgrid Market
9.3.5.3.1 India Intelligent Modular Microgrid Market by Component
9.3.5.3.2 India Intelligent Modular Microgrid Market by Application
9.3.5.4 Japan Intelligent Modular Microgrid Market
9.3.5.4.1 Japan Intelligent Modular Microgrid Market by Component
9.3.5.4.2 Japan Intelligent Modular Microgrid Market by Application
9.3.5.5 South Korea Intelligent Modular Microgrid Market
9.3.5.5.1 South Korea Intelligent Modular Microgrid Market by Component
9.3.5.5.2 South Korea Intelligent Modular Microgrid Market by Application
9.3.5.6 Rest of Asia-Pacific Intelligent Modular Microgrid Market
9.3.5.6.1 Rest of Asia-Pacific Intelligent Modular Microgrid Market by Component
9.3.5.6.2 Rest of Asia-Pacific Intelligent Modular Microgrid Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Intelligent Modular Microgrid Market Overview
9.4.2 Middle East and Africa Intelligent Modular Microgrid Market Forecasts and Analysis
9.4.3 Middle East and Africa Intelligent Modular Microgrid Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Intelligent Modular Microgrid Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Intelligent Modular Microgrid Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Intelligent Modular Microgrid Market
9.4.5.1.1 South Africa Intelligent Modular Microgrid Market by Component
9.4.5.1.2 South Africa Intelligent Modular Microgrid Market by Application
9.4.5.2 Saudi Arabia Intelligent Modular Microgrid Market
9.4.5.2.1 Saudi Arabia Intelligent Modular Microgrid Market by Component
9.4.5.2.2 Saudi Arabia Intelligent Modular Microgrid Market by Application
9.4.5.3 U.A.E Intelligent Modular Microgrid Market
9.4.5.3.1 U.A.E Intelligent Modular Microgrid Market by Component
9.4.5.3.2 U.A.E Intelligent Modular Microgrid Market by Application
9.4.5.4 Rest of Middle East and Africa Intelligent Modular Microgrid Market
9.4.5.4.1 Rest of Middle East and Africa Intelligent Modular Microgrid Market by Component
9.4.5.4.2 Rest of Middle East and Africa Intelligent Modular Microgrid Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Intelligent Modular Microgrid Market Overview
9.5.2 South and Central America Intelligent Modular Microgrid Market Forecasts and Analysis
9.5.3 South and Central America Intelligent Modular Microgrid Market Forecasts and Analysis - By Component
9.5.4 South and Central America Intelligent Modular Microgrid Market Forecasts and Analysis - By Application
9.5.5 South and Central America Intelligent Modular Microgrid Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Intelligent Modular Microgrid Market
9.5.5.1.1 Brazil Intelligent Modular Microgrid Market by Component
9.5.5.1.2 Brazil Intelligent Modular Microgrid Market by Application
9.5.5.2 Argentina Intelligent Modular Microgrid Market
9.5.5.2.1 Argentina Intelligent Modular Microgrid Market by Component
9.5.5.2.2 Argentina Intelligent Modular Microgrid Market by Application
9.5.5.3 Rest of South and Central America Intelligent Modular Microgrid Market
9.5.5.3.1 Rest of South and Central America Intelligent Modular Microgrid Market by Component
9.5.5.3.2 Rest of South and Central America Intelligent Modular Microgrid Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INTELLIGENT MODULAR MICROGRID MARKET, KEY COMPANY PROFILES
11.1. EATON
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. OPERATION TECHNOLOGY, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. GE GRID SOLUTIONS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GHAM POWER
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. SCHNEIDER ELECTRIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SIEMENS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SCHWEITZER ENGINEERING LABORATORIES, INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. POWERSECURE, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. NIDEC CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SAGE AUTOMATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List Of Companies
- Eaton
- Operation Technology, Inc.
- GE Grid Solutions
- Gham Power
- Schneider Electric
- Siemens
- Schweitzer Engineering Laboratories, Inc
- PowerSecure, Inc.
- NIDEC CORPORATION
- SAGE Automation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.