Custom Microgrids Market

A microgrid is an on-site energy system that supports your energy resilience by integrating several distributed energy technologies into a single controllable solution. It can operate by supplementing the utility grid in grid parallel mode, and it can function completely autonomously in island mode. With a custom microgrid installation, you not only have a back-up in case the grid fails, but you will enhance the way your energy functions within the grid for normal daily operation. Simultaneously delivering cost savings, resiliency, and sustainability, microgrids can reduce peak demand charges and lower your utility bill, selectively running the charging phase whenever the cheapest power is available from the grid or from onsite energy generation.

Custom Microgrids Market contains market size and forecasts of Custom Microgrids in Global, including the following market information:

• Global Custom Microgrids Market Revenue, 2018-2023, 2023-2030, ($ millions)
• Global top five companies in 2022 (%)

The global Custom Microgrids market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.

Hardware System Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Custom Microgrids include ARDA Power, BoxPower Inc, Gham Power, Gridscape, Eaton, GE Grid Solutions, SMA Solar Technology, Sagemcom and Scale Microgrid Solutions, etc. In 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Custom Microgrids companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Custom Microgrids Market, by Type, 2018-2023, 2023-2030 ($ millions)

Global Custom Microgrids Market Segment Percentages, by Type, 2022 (%)

• Hardware System
• Software System

Global Custom Microgrids Market, by Application, 2018-2023, 2023-2030 ($ millions)

Global Custom Microgrids Market Segment Percentages, by Application, 2022 (%)

• Remote
• Commercial and Industrial
• Utility Distribution
• Institutional and Military
• Community
• Others

Global Custom Microgrids Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)

Global Custom Microgrids Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Custom Microgrids revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Custom Microgrids revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• ARDA Power
• BoxPower Inc
• Gham Power
• Gridscape
• Eaton
• GE Grid Solutions
• SMA Solar Technology
• Sagemcom
• Scale Microgrid Solutions
• SimpliPhi Power
• Schweitzer Engineering Laboratories
• Schneider Electric
• Siemens
• PowerSecure
• Nidec Corporation