The IMARC Group provides extensive analysis of the North America microgrid industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on North America microgrid market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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A decentralized group of electric sources that operate, connect, and are synchronous with the traditional macro grid is known as a microgrid. It consists of power generation system, distribution system, and controls, such as voltage regulation and switch gears providing power backup for the grid in case of emergencies in a cost-effective manner. Enhanced reliability, reduced greenhouse gas (GHG) emissions, and less stress on the transmission and distribution system are some of the benefits offered by microgrids.
North America Microgrid Market Trends:
The availability of reliable, stable and affordable power is facilitating the demand for microgrids, which represents one of the key factors driving the market growth in the region. Moreover, extensive utilization of microgrids in the defence sector is also contributing to the market growth. Other factors, such as rising environmental concerns and technological innovations, along with government initiatives to provide energy-efficient power solutions, are creating a positive outlook for the market across the North American region.
Report Scope:
North America Microgrid Market
Key Regions Analysed
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- United States
- Canada
Analysis for Each Country
Market by Energy Source
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- Natural Gas
- Combined Heat and Power
- Solar Photovoltaic (PV)
- Diesel
- Fuel Cell
- Others
Market by Application
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- Remote Systems
- Institution and Campus
- Utility/Community
- Defense
Explore full report with TOC & List of Figures: https://www.imarcgroup.com/north-america-microgrid-market
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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