The report on Microgrid Market by power (natural gas, CHP, solar PV, diesel, fuel cell, and others), by
product (remote, grid connected, and hybrid),by application (government, education, commercial, utility,
defence, other) trends analysis and forecasts up to 2024 studies the market sizes, key trends and
opportunities in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World.
According to the report the Global Microgrid Market is projected to grow at a CAGR of 16.5% in terms of
value over the period of 2018-2024. The growth in the world market is primarily driven by significant
contribution by North America (Leading region) region to this market.
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Segments Covered
The report on global microgrid market covers segments such as power, product, and application. The
power segments include natural gas, CHP, solar PV, diesel, fuel cell, and others. On the basis of product the
global microgrid market is categorized into remote, grid connected, and hybrid. Furthermore, on the basis
of application the microgrid market is segmented as government, education, commercial, utility, defence,
and other.
Geographic Coverage
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific,
and Rest of the World. In this section the key trends and market size for each geography is provided over
the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada,
and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others.
Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The