How are microgrid integrators ranked?

Using Guidehouse Insights’ proprietary Leaderboard methodology, integrators are profiled, rated, and ranked with the goal of providing an objective assessment of their relative strengths and weaknesses in the global microgrid integrator market. What is the competitive landscape for microgrid integrators?

Who are the major players in the microgrid market?

The microgrid market is moderately consolidated. Some of the major players include Hitachi Energy Ltd, General Electric Company, Siemens AG, Eaton Corporation PLC, and Schneider Electric SE. Need More Details on Market Players and Competitors?

Why is the global microgrid market growing?

The global microgrid market is witnessing significant growth, driven by the demand for reliable and efficient energy solutions across various sectors, including commercial and industrial buildings, remote areas, and healthcare facilities.

Which segment will dominate the microgrid market in the future?

Due to such developments, the off-grid microgrid segment is expected to dominate the microgrid market in the future. Around 35% of Asia-based utility companies have predicted that microgrids will lead to new revenue streams in the next two years due to the high power demand from rural communities.

How big is the microgrid market?

The Microgrid Market size is estimated at USD 15.92 billion in 2024, and is expected to reach USD 38.12 billion by 2029, growing at a CAGR of 19.08% during the forecast period (2024-2029). In 2020, the market was negatively impacted due to the COVID-19 pandemic.

Who is the best microgrid-as-a-service company in the world?

Anbaric, established in 2004, is considered one of the top microgrid-as-a-service companies in the world. They scale renewable energy by developing large-scale electric transmission and storage systems to strengthen the grid. 3. Bloom Energy