Research Methodology

The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:

★Stage 1 SECONDARY RESEARCH

The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.

★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES

After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.

★Stage 3 ANALYSIS OF THE GATHERED DATA

The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.

★Stage 4 QUANTITATIVE DATA

The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.

★Stage 5 QUALITY CONTROL

Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.

1 Market Overview
1.1 Microgrid Product Introduction
1.2 Global Microgrid Market Size Forecast (2020-2031)
1.3 Microgrid Market Trends & Drivers
1.3.1 Microgrid Industry Trends
1.3.2 Microgrid Market Drivers & Opportunity
1.3.3 Microgrid Market Challenges
1.3.4 Microgrid Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Microgrid Players Revenue Ranking (2024)
2.2 Global Microgrid Revenue by Company (2020-2025)
2.3 Key Companies Microgrid Manufacturing Base Distribution and Headquarters
2.4 Key Companies Microgrid Product Offered
2.5 Key Companies Time to Begin Mass Production of Microgrid
2.6 Microgrid Market Competitive Analysis
2.6.1 Microgrid Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Microgrid Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Grid-Tied
3.1.2 Independent
3.2 Global Microgrid Sales Value by Type
3.2.1 Global Microgrid Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Microgrid Sales Value, by Type (2020-2031)
3.2.3 Global Microgrid Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Commercial or Industrial Microgrid
4.1.2 Community or Utility Microgrid
4.1.3 Campus or Institutional Microgrid
4.1.4 Military Microgrid
4.1.5 Remote Microgrid
4.2 Global Microgrid Sales Value by Application
4.2.1 Global Microgrid Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Microgrid Sales Value, by Application (2020-2031)
4.2.3 Global Microgrid Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Microgrid Sales Value by Region
5.1.1 Global Microgrid Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Microgrid Sales Value by Region (2020-2025)
5.1.3 Global Microgrid Sales Value by Region (2026-2031)
5.1.4 Global Microgrid Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Microgrid Sales Value, 2020-2031
5.2.2 North America Microgrid Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Microgrid Sales Value, 2020-2031
5.3.2 Europe Microgrid Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Microgrid Sales Value, 2020-2031
5.4.2 Asia Pacific Microgrid Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Microgrid Sales Value, 2020-2031
5.5.2 South America Microgrid Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Microgrid Sales Value, 2020-2031
5.6.2 Middle East & Africa Microgrid Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Microgrid Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Microgrid Sales Value, 2020-2031
6.3 United States
6.3.1 United States Microgrid Sales Value, 2020-2031
6.3.2 United States Microgrid Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Microgrid Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Microgrid Sales Value, 2020-2031
6.4.2 Europe Microgrid Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Microgrid Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Microgrid Sales Value, 2020-2031
6.5.2 China Microgrid Sales Value by Type (%), 2024 VS 2031
6.5.3 China Microgrid Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Microgrid Sales Value, 2020-2031
6.6.2 Japan Microgrid Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Microgrid Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Microgrid Sales Value, 2020-2031
6.7.2 South Korea Microgrid Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Microgrid Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Microgrid Sales Value, 2020-2031
6.8.2 Southeast Asia Microgrid Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Microgrid Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Microgrid Sales Value, 2020-2031
6.9.2 India Microgrid Sales Value by Type (%), 2024 VS 2031
6.9.3 India Microgrid Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 ABB
7.1.1 ABB Profile
7.1.2 ABB Main Business
7.1.3 ABB Microgrid Products, Services and Solutions
7.1.4 ABB Microgrid Revenue (US$ Million) & (2020-2025)
7.1.5 ABB Recent Developments
7.2 NEC
7.2.1 NEC Profile
7.2.2 NEC Main Business
7.2.3 NEC Microgrid Products, Services and Solutions
7.2.4 NEC Microgrid Revenue (US$ Million) & (2020-2025)
7.2.5 NEC Recent Developments
7.3 GE
7.3.1 GE Profile
7.3.2 GE Main Business
7.3.3 GE Microgrid Products, Services and Solutions
7.3.4 GE Microgrid Revenue (US$ Million) & (2020-2025)
7.3.5 GE Recent Developments
7.4 Aquion Energy
7.4.1 Aquion Energy Profile
7.4.2 Aquion Energy Main Business
7.4.3 Aquion Energy Microgrid Products, Services and Solutions
7.4.4 Aquion Energy Microgrid Revenue (US$ Million) & (2020-2025)
7.4.5 Aquion Energy Recent Developments
7.5 Echelon
7.5.1 Echelon Profile
7.5.2 Echelon Main Business
7.5.3 Echelon Microgrid Products, Services and Solutions
7.5.4 Echelon Microgrid Revenue (US$ Million) & (2020-2025)
7.5.5 Echelon Recent Developments
7.6 Raytheon
7.6.1 Raytheon Profile
7.6.2 Raytheon Main Business
7.6.3 Raytheon Microgrid Products, Services and Solutions
7.6.4 Raytheon Microgrid Revenue (US$ Million) & (2020-2025)
7.6.5 Raytheon Recent Developments
7.7 SandC Electric Co
7.7.1 SandC Electric Co Profile
7.7.2 SandC Electric Co Main Business
7.7.3 SandC Electric Co Microgrid Products, Services and Solutions
7.7.4 SandC Electric Co Microgrid Revenue (US$ Million) & (2020-2025)
7.7.5 SandC Electric Co Recent Developments
7.8 Eaton Corporation
7.8.1 Eaton Corporation Profile
7.8.2 Eaton Corporation Main Business
7.8.3 Eaton Corporation Microgrid Products, Services and Solutions
7.8.4 Eaton Corporation Microgrid Revenue (US$ Million) & (2020-2025)
7.8.5 Eaton Corporation Recent Developments
7.9 Sunverge Energy
7.9.1 Sunverge Energy Profile
7.9.2 Sunverge Energy Main Business
7.9.3 Sunverge Energy Microgrid Products, Services and Solutions
7.9.4 Sunverge Energy Microgrid Revenue (US$ Million) & (2020-2025)
7.9.5 Sunverge Energy Recent Developments
7.10 Siemens
7.10.1 Siemens Profile
7.10.2 Siemens Main Business
7.10.3 Siemens Microgrid Products, Services and Solutions
7.10.4 Siemens Microgrid Revenue (US$ Million) & (2020-2025)
7.10.5 Siemens Recent Developments
7.11 Toshiba
7.11.1 Toshiba Profile
7.11.2 Toshiba Main Business
7.11.3 Toshiba Microgrid Products, Services and Solutions
7.11.4 Toshiba Microgrid Revenue (US$ Million) & (2020-2025)
7.11.5 Toshiba Recent Developments
7.12 General Microgrids
7.12.1 General Microgrids Profile
7.12.2 General Microgrids Main Business
7.12.3 General Microgrids Microgrid Products, Services and Solutions
7.12.4 General Microgrids Microgrid Revenue (US$ Million) & (2020-2025)
7.12.5 General Microgrids Recent Developments
7.13 Lockheed Martin
7.13.1 Lockheed Martin Profile
7.13.2 Lockheed Martin Main Business
7.13.3 Lockheed Martin Microgrid Products, Services and Solutions
7.13.4 Lockheed Martin Microgrid Revenue (US$ Million) & (2020-2025)
7.13.5 Lockheed Martin Recent Developments
8 Industry Chain Analysis
8.1 Microgrid Industrial Chain
8.2 Microgrid Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Microgrid Sales Model
8.5.2 Sales Channel
8.5.3 Microgrid Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

List of Tables
Table 1. Microgrid Market Trends
Table 2. Microgrid Market Drivers & Opportunity
Table 3. Microgrid Market Challenges
Table 4. Microgrid Market Restraints
Table 5. Global Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Microgrid Revenue Market Share by Company (2020-2025)
Table 7. Key Companies Microgrid Manufacturing Base Distribution and Headquarters
Table 8. Key Companies Microgrid Product Type
Table 9. Key Companies Time to Begin Mass Production of Microgrid
Table 10. Global Microgrid Companies Market Concentration Ratio (CR5 and HHI)
Table 11. Global Top Companies Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024)
Table 12. Mergers & Acquisitions, Expansion Plans
Table 13. Global Microgrid Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 14. Global Microgrid Sales Value by Type (2020-2025) & (US$ Million)
Table 15. Global Microgrid Sales Value by Type (2026-2031) & (US$ Million)
Table 16. Global Microgrid Sales Market Share in Value by Type (2020-2025)
Table 17. Global Microgrid Sales Market Share in Value by Type (2026-2031)
Table 18. Global Microgrid Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 19. Global Microgrid Sales Value by Application (2020-2025) & (US$ Million)
Table 20. Global Microgrid Sales Value by Application (2026-2031) & (US$ Million)
Table 21. Global Microgrid Sales Market Share in Value by Application (2020-2025)
Table 22. Global Microgrid Sales Market Share in Value by Application (2026-2031)
Table 23. Global Microgrid Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 24. Global Microgrid Sales Value by Region (2020-2025) & (US$ Million)
Table 25. Global Microgrid Sales Value by Region (2026-2031) & (US$ Million)
Table 26. Global Microgrid Sales Value by Region (2020-2025) & (%)
Table 27. Global Microgrid Sales Value by Region (2026-2031) & (%)
Table 28. Key Countries/Regions Microgrid Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 29. Key Countries/Regions Microgrid Sales Value, (2020-2025) & (US$ Million)
Table 30. Key Countries/Regions Microgrid Sales Value, (2026-2031) & (US$ Million)
Table 31. ABB Basic Information List
Table 32. ABB Description and Business Overview
Table 33. ABB Microgrid Products, Services and Solutions
Table 34. Revenue (US$ Million) in Microgrid Business of ABB (2020-2025)
Table 35. ABB Recent Developments
Table 36. NEC Basic Information List
Table 37. NEC Description and Business Overview
Table 38. NEC Microgrid Products, Services and Solutions
Table 39. Revenue (US$ Million) in Microgrid Business of NEC (2020-2025)
Table 40. NEC Recent Developments
Table 41. GE Basic Information List
Table 42. GE Description and Business Overview
Table 43. GE Microgrid Products, Services and Solutions
Table 44. Revenue (US$ Million) in Microgrid Business of GE (2020-2025)
Table 45. GE Recent Developments
Table 46. Aquion Energy Basic Information List
Table 47. Aquion Energy Description and Business Overview
Table 48. Aquion Energy Microgrid Products, Services and Solutions
Table 49. Revenue (US$ Million) in Microgrid Business of Aquion Energy (2020-2025)
Table 50. Aquion Energy Recent Developments
Table 51. Echelon Basic Information List
Table 52. Echelon Description and Business Overview
Table 53. Echelon Microgrid Products, Services and Solutions
Table 54. Revenue (US$ Million) in Microgrid Business of Echelon (2020-2025)
Table 55. Echelon Recent Developments
Table 56. Raytheon Basic Information List
Table 57. Raytheon Description and Business Overview
Table 58. Raytheon Microgrid Products, Services and Solutions
Table 59. Revenue (US$ Million) in Microgrid Business of Raytheon (2020-2025)
Table 60. Raytheon Recent Developments
Table 61. SandC Electric Co Basic Information List
Table 62. SandC Electric Co Description and Business Overview
Table 63. SandC Electric Co Microgrid Products, Services and Solutions
Table 64. Revenue (US$ Million) in Microgrid Business of SandC Electric Co (2020-2025)
Table 65. SandC Electric Co Recent Developments
Table 66. Eaton Corporation Basic Information List
Table 67. Eaton Corporation Description and Business Overview
Table 68. Eaton Corporation Microgrid Products, Services and Solutions
Table 69. Revenue (US$ Million) in Microgrid Business of Eaton Corporation (2020-2025)
Table 70. Eaton Corporation Recent Developments
Table 71. Sunverge Energy Basic Information List
Table 72. Sunverge Energy Description and Business Overview
Table 73. Sunverge Energy Microgrid Products, Services and Solutions
Table 74. Revenue (US$ Million) in Microgrid Business of Sunverge Energy (2020-2025)
Table 75. Sunverge Energy Recent Developments
Table 76. Siemens Basic Information List
Table 77. Siemens Description and Business Overview
Table 78. Siemens Microgrid Products, Services and Solutions
Table 79. Revenue (US$ Million) in Microgrid Business of Siemens (2020-2025)
Table 80. Siemens Recent Developments
Table 81. Toshiba Basic Information List
Table 82. Toshiba Description and Business Overview
Table 83. Toshiba Microgrid Products, Services and Solutions
Table 84. Revenue (US$ Million) in Microgrid Business of Toshiba (2020-2025)
Table 85. Toshiba Recent Developments
Table 86. General Microgrids Basic Information List
Table 87. General Microgrids Description and Business Overview
Table 88. General Microgrids Microgrid Products, Services and Solutions
Table 89. Revenue (US$ Million) in Microgrid Business of General Microgrids (2020-2025)
Table 90. General Microgrids Recent Developments
Table 91. Lockheed Martin Basic Information List
Table 92. Lockheed Martin Description and Business Overview
Table 93. Lockheed Martin Microgrid Products, Services and Solutions
Table 94. Revenue (US$ Million) in Microgrid Business of Lockheed Martin (2020-2025)
Table 95. Lockheed Martin Recent Developments
Table 96. Key Raw Materials Lists
Table 97. Raw Materials Key Suppliers Lists
Table 98. Microgrid Downstream Customers
Table 99. Microgrid Distributors List
Table 100. Research Programs/Design for This Report
Table 101. Key Data Information from Secondary Sources
Table 102. Key Data Information from Primary Sources
Table 103. Business Unit and Senior & Team Lead Analysts


List of Figures
Figure 1. Microgrid Product Picture
Figure 2. Global Microgrid Sales Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Microgrid Sales Value (2020-2031) & (US$ Million)
Figure 4. Microgrid Report Years Considered
Figure 5. Global Microgrid Players Revenue Ranking (2024) & (US$ Million)
Figure 6. The 5 and 10 Largest Companies in the World: Market Share by Microgrid Revenue in 2024
Figure 7. Microgrid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 8. Grid-Tied Picture
Figure 9. Independent Picture
Figure 10. Global Microgrid Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 11. Global Microgrid Sales Value Market Share by Type, 2024 & 2031
Figure 12. Product Picture of Commercial or Industrial Microgrid
Figure 13. Product Picture of Community or Utility Microgrid
Figure 14. Product Picture of Campus or Institutional Microgrid
Figure 15. Product Picture of Military Microgrid
Figure 16. Product Picture of Remote Microgrid
Figure 17. Global Microgrid Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 18. Global Microgrid Sales Value Market Share by Application, 2024 & 2031
Figure 19. North America Microgrid Sales Value (2020-2031) & (US$ Million)
Figure 20. North America Microgrid Sales Value by Country (%), 2024 VS 2031
Figure 21. Europe Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 22. Europe Microgrid Sales Value by Country (%), 2024 VS 2031
Figure 23. Asia Pacific Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 24. Asia Pacific Microgrid Sales Value by Region (%), 2024 VS 2031
Figure 25. South America Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 26. South America Microgrid Sales Value by Country (%), 2024 VS 2031
Figure 27. Middle East & Africa Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 28. Middle East & Africa Microgrid Sales Value by Country (%), 2024 VS 2031
Figure 29. Key Countries/Regions Microgrid Sales Value (%), (2020-2031)
Figure 30. United States Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 31. United States Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 32. United States Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 33. Europe Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 34. Europe Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 35. Europe Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 36. China Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 37. China Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 38. China Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 39. Japan Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 40. Japan Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 41. Japan Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 42. South Korea Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 43. South Korea Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 44. South Korea Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 45. Southeast Asia Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 46. Southeast Asia Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 47. Southeast Asia Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 48. India Microgrid Sales Value, (2020-2031) & (US$ Million)
Figure 49. India Microgrid Sales Value by Type (%), 2024 VS 2031
Figure 50. India Microgrid Sales Value by Application (%), 2024 VS 2031
Figure 51. Microgrid Industrial Chain
Figure 52. Microgrid Manufacturing Cost Structure
Figure 53. Channels of Distribution (Direct Sales, and Distribution)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed