Intelligent modular microgrids are more efficient in their usage of electricity. A microgrid is made up of a network of interconnected IoT devices that collect and exchange data using embedded software and sensors. Inverters, battery storage units, and power generators all have these devices installed to measure and record various power usage and other data points in fractions of a second. Eaton technologies use a set of platform-agnostic tools to connect these connected devices.
MARKET DYNAMICS
Microgrid applications give local consumers more autonomy and help them achieve energy independence. A smart modular microgrid can be built in several shapes and sizes. It can power a single facility as well as a vast area like as a city or college campus. Remote, customer-owned, and utility distribution are the most common types. As a result, the market's expansion is being fueled by the increasing use of the same for power generation in a variety of applications.
MARKET SCOPE
The "Global Intelligent Modular Microgrid Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The intelligent modular microgrid market report aims to provide an overview of the intelligent modular microgrid market with detailed market segmentation by component, application, and geography. The global intelligent modular microgrid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading intelligent modular microgrid market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global intelligent modular microgrid market is segmented based on component, application. Based on component, the intelligent modular microgrid market is segmented into hardware, software. Based on application, the intelligent modular microgrid market is segmented into commercial, industrial, military, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global intelligent modular microgrid market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The intelligent modular microgrid market by each region is later sub-segmented by respective countries and segments. The intelligent modular microgrid market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the intelligent modular microgrid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the intelligent modular microgrid market in these regions.
IMPACT OF COVID-19 ON INTELLIGENT MODULAR MICROGRID MARKET
The sudden outbreak of the COIVD-19 pandemic negatively impacted the growth of the global intelligent modular microgrid market. The supply chain disruptions influenced the decline in demand for intelligent modular microgrid hardware. Additionally, the stringent lockdown imposed by various government bodies across impacted the manufacturers of intelligent modular microgrid thereby impacting the growth of the global intelligent modular microgrid market.
MARKET PLAYERS
The reports cover key developments in the intelligent modular microgrid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from intelligent modular microgrid market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the intelligent modular microgrid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the intelligent modular microgrid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Eaton
-Operation Technology, Inc.
-GE Grid Solutions
-Gham Power
-Schneider Electric
-Siemens
-Schweitzer Engineering Laboratories, Inc
-PowerSecure, Inc.
-NIDEC CORPORATION
-SAGE Automation