HTF Market Intelligence Consulting Private Limited

Microgrid, in Middle East & Africa Market May Witness a Strong Growth Rate in Coming Years

Microgrid Market Is Booming Worldwide

 

Edison, NJ -- (SBWIRE) -- 04/02/2019 -- A new independent 100 page research with title 'Middle East & Africa Microgrid Market _Companies Profiles, Size, Share, Growth, Trends and Forecast to 2025' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes important players/vendors such as Grid Type, Connectivity, Offering, Vertical, Power Source. With n-number of tables and figures examining the Middle East & Africa Microgrid Market, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2022

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Middle East and Africa microgrid market is growing at a lucrative rate of CAGR in the assessment period. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Prominent factors driving the growth of this market consist of adoption of clean energy package.

The key market players for Middle East and Africa microgrid market are listed below:
ABB, General Electric Company , Siemens AG , Honeywell International Inc., Eaton Corporation PLC, Advanced Microgrid Solutions, Caterpillar Inc., Chevron Corporation, Cummins Inc. , Exelon Corporation, Green Energy Corp., Homer Energy LLC, Microgrid Energy, Pareto Energy, Power Analytics Corporation, S&C Electric Company, Schneider Electric, Tesla Inc., Toshiba Corporation

The market is further segmented into:
Grid Type, Connectivity, Offering, Vertical, Power Source
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The Middle East and Africa microgrid market is segmented based on grid type into three notable segments; AC microgrid, DC microgrid, and hybrid. In 2018, hybrid segment is valued to rule with the the highest CAGR .
The Middle East and Africa microgrid market is segmented based on connectivity into two notable segments grid connected and remote/island. In 2018, grid connected segment is valued to rule with the highest market shares by 2025.

The Middle East and Africa microgrid market is segmented based on offering into hardware, software, and services. The hardware segment is further sub-segmented into switchgears, power inverters, smart meters, reciprocating engines, and energy storage systems and power generators. The energy storage systems and power generators segment is further sub-segmented into power generators and energy storage systems. The power generator includes fuel cells and diesel gensets, chp and micro-chp, micro turbines, and renewables (PV cells, wind based, and others). The energy storage systems include lithium-ion batteries, lead-acid batteries, flywheels, flow batteries, and others. The services segment is further sub-segmented into engineering and design, monitoring and control, and operations & maintenance. In 2018, hardware segment is valued to rule with highest market share.
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The Middle East and Africa microgrid market is segmented based on vertical into five notable segments healthcare, educational institutions, industrial, military, and electric utility. The industrial segment is further sub segmented as steel, mining, and others. The utility segment is further sub-segmented into urban electrification and rural electrification. In 2018, healthcare segment is valued to rule with highest market shares and retail & grocery stores is rising at the highest CAGR
The Middle East and Africa microgrid market is segmented based on power into natural gas, combined heat and power, diesel, solar, fuel cells, others. In 2018, diesel segment is valued to rule with highest market shares.
Based on geography, the market is segmented into:
- South Africa
- Rest of Middle East and Africa
Covered in this report
The report covers the present scenario and the growth prospects of the Middle East and Africa microgrid market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/1398876-middle-east-africa-microgrid-market

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