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Global Microgrid market to grow at a CAGR of 18.72% in terms of revenue and at 17.29% in terms of microgrid installed capacity over the period 2014-2019

(IT-NEWSWIRE.COM, April 30, 2015 ) New York, NY -- A microgrid is a type of power grid, which is much smaller than the conventional centralized electrical grid. It is localized and functions autonomously or in a hybrid mode with the conventional grid. Microgrids produce, distribute, and control the flow of energy to consumers; however, all these activities are implemented locally or in integration with the traditional grid. Microgrids are used during power failures in the central grid system as they can operate independently by isolating their generation loads. Moreover, developers and owners of microgrids sell the excess power to utility companies.



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Global Microgrid market to grow at a CAGR of 18.72 percent in terms of revenue and at 17.29 percent in terms of microgrid installed capacity over the period 2014-2019. Global Microgrid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.



Key Vendors:



ABB

GE Electric

Lockheed Martin

Siemens



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Market Driver:

Increased Demand for Better Power Quality

For a full, detailed list, view our report



Market Challenge:

High Cost of Implementation

For a full, detailed list, view our report



Market Trend:

Increased R&D

For a full, detailed list, view our report



Browse More related reports at: http://www.researchmoz.us/power-market-reports-26.html



Key Questions Answered in this Report:



What will the market size be in 2019 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?





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