Albany, NY -- (SBWIRE) -- 07/29/2013 -- Global Microgrid market to grow at a CAGR of 25.7 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need for better power quality. The Global Microgrid market has also been witnessing increasing R&D spending by vendors. However, the high cost needed to implement microgrids could pose a challenge to the growth of this market.

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Global Microgrid Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Microgrid market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this space include GE Co., and Pareto Energy Ltd., Power Analytics Corp., and Viridity Energy.

The other vendors mentioned in this report are ABB Ltd., Chevron Energy, Echelon Corp., Microgrid Energy LLC, Siemens AG, Spirae Inc., and ZBB Energy Corp.

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Key questions answered in this report:

What will the market size be in 2016 and what will be the growth rate?
What are 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 key vendors?
What are the strengths and weaknesses of each of these key vendors?

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