Global Microgrid Market is expected to show a healthy CAGR of in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Access Full Report: https://databridgemarketresearch.com/reports/global-microgrid-market/
The global microgrid market highly concentrated to a few big players and rest to local players who cater to domestic markets only. ABB Ltd. dominated the microgrid market accounting for a highest market share in 2017, followed by General Electric Company, Siemens AG, Honeywell International Inc., and Eaton Corporation Plc. Other players in this market include are Chevron Corporation, Cummins Inc., Green Energy Corp., Power Analytics Corporation, S&C Electric Company, Advanced Microgrid Solutions, Caterpillar Inc., Exelon Corporation, Tesla Inc., Toshiba Corporation, and among others.
ASEA BROWN BOVERI (ABB) LTD.:
Founded in 1883 and headquartered in Zurich, Switzerland. ASEA Brown Boveri (ABB) Ltd. is engaged in providing electrification products, robotics and motion, industrial automation and power grids, heavy electrical equipment and automation technology. The company provides various products such as smart buildings, micro grid solutions, robotics, e-mobility, chemicals, process control softwares, generators, semiconductors, and analytics solutions among others. The company operates in four business segment: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. The microgrid products fall under power grids segment. The company offers services to various industries such as transmission and distribution, utilities and industrial, transportation, and infrastructure industries among others. The company is certified with ISO 9001 Quality Management System, ISO 14001 Environmental Management System and OHSAS 18001 Occupational Health and Safety Management System.
The subsidiaries of the company include ABB S.A (Argentina), ABB N.V. (Belgium), ABB Inc.(Canada), ABB (China) Ltd., ABB Engineering (Shanghai) Ltd., ABB AS(Estonia) ABB SAS (France), ABB AG (Germany), ABB Holding Ltd.(Hong Kong), ABB S.p.A.(Italy), ABB AS(Norway), ABB Schweiz AG (Switzerland), and others. The company operates in more than 100 countries and has strong presence in Europe, Americas, Asia, Middle East, and Africa regions.
General Electric Company:
Incorporated in 1892 and headquartered in Boston, U.S. General Electric Company is engaged in manufacturing of aircraft engines, power generation, oil and gas production equipment, medical imaging, and industrial products. It also provides financial services, commercial aircraft leasing, financing, and consulting services. The company offers products such as additive manufacturing machines, aircraft engines, wind turbines, commercial & industrial, electric motors, electrical distribution, lighting solutions, locomotives, and rail services. The company operates through seven business segments: Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation and Lighting. The microgrid products fall under power segment. The company products are used in various applications such as fighters, bombers, tankers, steam power systems, helicopters & surveillance aircraft, industrial gas engines, refining, petrochemical, telecommunication, distributed gas, water treatment, wastewater treatment, flow and process control, consumer lighting, and other industrial applications. The company is certified with Achilles Practices Certification (APC), Achilles Communications Certification (ACC), Certificates of Analysis (CofA), ISO 9001:2015, ISO17034:2016, ISO/IEC 17025:2005, ISO 17034:2016 and ISO/IEC 17025:2005.
The company’s subsidiaries are GE Aviation(UK), GE Capital (UK), GE Healthcare AS (Norway), GE Lighting Systems S.R.L.(Italy), GE Power Netherlands N.V. (Netherlands), General Electric Technology GmbH (Switzerland), Holding B.V. (Netherlands), GE Transportation Parts, LLC (Delaware), GE Celma LTDA (Brazil) among others. The company has strong geographic presence in United States, Europe, Asia, Middle East/Africa and Canada/Latin America.
Founded in 1847 and headquartered in Munich, Germany. Siemens AG is engaged in providing technology and solutions for electrification, automation and digitalization, and other activities. It also offers systems for power generation and transmission, as well as medical diagnosis. It offers automation, drive systems, automation solutions, power, fiber, glass processing, building technologies, drive technology, healthcare, mobility, energy, financing, consumer products and services. The company operates through nine business segment: power and gas, healthiness, energy management, digital factory, process industries and drives, Siemens gamesa renewable energy, building technologies, mobility and financial services. The company offers microgrid products under power and gas segment. The company provides its product to industries such as aerospace, automotive manufacturing, battery manufacturing, chemical industry, cement, cranes, data centers, distributors, fiber industry, food & beverage, glass industry, machinery and plant construction, marine, mining industry, oil & gas, panel building, pharmaceutical industry, power utilities, tire industry, transportation and logistics, water industry, and wind.
The company is certified with ISO 9001: 2015 for implementation and maintenance of quality management system. The company’s subsidiaries are AD 8MW GmbH&Co. KG (Bremerhaven), Adwen Blades GmbH (Stade), Adwen GmbH (Bremerhaven), Jawa Power Holding GmbH (Erlangen), KompTime GmbH (Munich), Kyros GmbH (Hanover) among others. The company has strong presence in Europe, Africa, Middle East, Americas, Asia and Australia.
Global Microgrid Market – Industry Trends and Forecast to 2027
North America Microgrid Market – Industry Trends and Forecast to 2027
Europe Microgrid Market– Industry Trends and Forecast to 2027
Asia-Pacific Microgrid Market – Industry Trends and Forecast to 2027
Middle East and Africa Microgrid Market – Industry Trends and Forecast to 2027