Albany, NY -- (SBWire) -- 11/15/2016 --A remote microgrid is a type of localized power grid, which is smaller than the conventional centralized electrical grid. Remote microgrids produce, distribute, and control the flow of energy to consumers. Microgrids are useful during power failures in central grid systems as they operate independently.
The global remote microgrid market to grow at a CAGR of 12.7% during the period 2014-2019. Technavios report, Global Remote Microgrid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes the segmentation of the global remote microgrid market on the basis of applications: (Industrial remote mine systems, grid island system, remote military microgrids, and village electrification) and geography (the Americas, APAC, and EMEA). The report also includes a discussion on the key vendors operating in this market.
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Key vendors
- ABB
- GE Digital energy
- S&C Electric
- Siemens
- Toshiba
Other prominent vendors
- Chevron Energy
- Microgrid Solar
- General Microgrids
Market driver
- Increase in microgrid installations
- For a full, detailed list, view our report
Market challenge
- High cost of implementation
- For a full, detailed list, view our report
Market trend
- Increased R&D
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Global Remote Microgrid Market Size, Shares, Growth, Survey, Analysis and Forecast 2015-2019
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