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Global Microgrid Market Size, Status and Forecast 2021-2027

Published on : 21 July 2021


Report Overview
A microgrid is a small power grid with defined boundaries that can operate
both when connected to the larger electrical grid and as an "island" when
there's an interruption on the main grid. It draws on distributed energy
resources, like solar power, to serve customers within the microgrid
footprint. These benefits extend to surrounding communities, with reliable
energy allowing better access to food, supplies and public services.
The industry's leading manufacturers are ABB, NEC and GE, with revenues
of 7.61%, 5.68% and 4.85% respectively in 2019.
Market Analysis and Insights: Global Microgrid Market
The global Microgrid market size is projected to reach US$ 70960 million by
2027, from US$ 27070 million in 2020, at a CAGR of 14.8% during 2021-
2027.
With industry-standard accuracy in analysis and high data integrity, the
report makes a brilliant attempt to unveil key opportunities available in the
global Microgrid market to help players in achieving a strong market
position.
Key Benefits :

 This study includes the Microgrid market analysis, trends, and future
estimations to determine the imminent investment pockets.
 The report presents information related to key drivers, restraints, and
Microgrid market opportunity.
 The Microgrid market size is quantitatively analyzed from 2019 to 2025
to highlight the financial competency of the Medical Writing industry.
 Porter’s five forces analysis illustrates the potency of buyers & suppliers
in the industry.
Interesting, right?
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