Global Remote Microgrid Market Research Report 2023

The global Remote Microgrid market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Remote Microgrid is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Remote Microgrid is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Remote Microgrid in Commercial/Industrial Microgrid is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Remote Microgrid include ABB, NEC, GE, Aquion Energy, Echelon, Raytheon, S&C Electric Co, Eaton Corporation and Sunverge Energy, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Remote Microgrid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Remote Microgrid.

The Remote Microgrid market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Remote Microgrid market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Remote Microgrid companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Remote Microgrid Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Grid-Tied Type Microgrid

1.2.3 Independent Type Microgrid

1.3 Market by Application

1.3.1 Global Remote Microgrid Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Commercial/Industrial Microgrid

1.3.3 Community/Utility Microgrid

1.3.4 Campus/Institutional Microgrid

1.3.5 Military Microgrid

1.3.6 Remote Microgrid

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Remote Microgrid Market Perspective (2018-2029)

2.2 Remote Microgrid Growth Trends by Region

2.2.1 Global Remote Microgrid Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Remote Microgrid Historic Market Size by Region (2018-2023)

2.2.3 Remote Microgrid Forecasted Market Size by Region (2024-2029)

2.3 Remote Microgrid Market Dynamics

2.3.1 Remote Microgrid Industry Trends

2.3.2 Remote Microgrid Market Drivers

2.3.3 Remote Microgrid Market Challenges

2.3.4 Remote Microgrid Market Restraints

3.1 Global Top Remote Microgrid Players by Revenue

3.1.1 Global Top Remote Microgrid Players by Revenue (2018-2023)

3.1.2 Global Remote Microgrid Revenue Market Share by Players (2018-2023)

3.2 Global Remote Microgrid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Remote Microgrid Revenue

3.4 Global Remote Microgrid Market Concentration Ratio

3.4.1 Global Remote Microgrid Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Remote Microgrid Revenue in 2022

3.5 Remote Microgrid Key Players Head office and Area Served

3.6 Key Players Remote Microgrid Product Solution and Service

3.7 Date of Enter into Remote Microgrid Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Remote Microgrid Historic Market Size by Type (2018-2023)

4.2 Global Remote Microgrid Forecasted Market Size by Type (2024-2029)

5.1 Global Remote Microgrid Historic Market Size by Application (2018-2023)

5.2 Global Remote Microgrid Forecasted Market Size by Application (2024-2029)

6.1 North America Remote Microgrid Market Size (2018-2029)

6.2 North America Remote Microgrid Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Remote Microgrid Market Size by Country (2018-2023)

6.4 North America Remote Microgrid Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Remote Microgrid Market Size (2018-2029)

7.2 Europe Remote Microgrid Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Remote Microgrid Market Size by Country (2018-2023)

7.4 Europe Remote Microgrid Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Remote Microgrid Market Size (2018-2029)

8.2 Asia-Pacific Remote Microgrid Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Remote Microgrid Market Size by Region (2018-2023)

8.4 Asia-Pacific Remote Microgrid Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Remote Microgrid Market Size (2018-2029)

9.2 Latin America Remote Microgrid Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Remote Microgrid Market Size by Country (2018-2023)

9.4 Latin America Remote Microgrid Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Remote Microgrid Market Size (2018-2029)

10.2 Middle East & Africa Remote Microgrid Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Remote Microgrid Market Size by Country (2018-2023)

10.4 Middle East & Africa Remote Microgrid Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 ABB

11.1.1 ABB Company Detail

11.1.2 ABB Business Overview

11.1.3 ABB Remote Microgrid Introduction

11.1.4 ABB Revenue in Remote Microgrid Business (2018-2023)

11.1.5 ABB Recent Development

11.2 NEC

11.2.1 NEC Company Detail

11.2.2 NEC Business Overview

11.2.3 NEC Remote Microgrid Introduction

11.2.4 NEC Revenue in Remote Microgrid Business (2018-2023)

11.2.5 NEC Recent Development

11.3 GE

11.3.1 GE Company Detail

11.3.2 GE Business Overview

11.3.3 GE Remote Microgrid Introduction

11.3.4 GE Revenue in Remote Microgrid Business (2018-2023)

11.3.5 GE Recent Development

11.4 Aquion Energy

11.4.1 Aquion Energy Company Detail

11.4.2 Aquion Energy Business Overview

11.4.3 Aquion Energy Remote Microgrid Introduction

11.4.4 Aquion Energy Revenue in Remote Microgrid Business (2018-2023)

11.4.5 Aquion Energy Recent Development

11.5 Echelon

11.5.1 Echelon Company Detail

11.5.2 Echelon Business Overview

11.5.3 Echelon Remote Microgrid Introduction

11.5.4 Echelon Revenue in Remote Microgrid Business (2018-2023)

11.5.5 Echelon Recent Development

11.6 Raytheon

11.6.1 Raytheon Company Detail

11.6.2 Raytheon Business Overview

11.6.3 Raytheon Remote Microgrid Introduction

11.6.4 Raytheon Revenue in Remote Microgrid Business (2018-2023)

11.6.5 Raytheon Recent Development

11.7 S&C Electric Co

11.7.1 S&C Electric Co Company Detail

11.7.2 S&C Electric Co Business Overview

11.7.3 S&C Electric Co Remote Microgrid Introduction

11.7.4 S&C Electric Co Revenue in Remote Microgrid Business (2018-2023)

11.7.5 S&C Electric Co Recent Development

11.8 Eaton Corporation

11.8.1 Eaton Corporation Company Detail

11.8.2 Eaton Corporation Business Overview

11.8.3 Eaton Corporation Remote Microgrid Introduction

11.8.4 Eaton Corporation Revenue in Remote Microgrid Business (2018-2023)

11.8.5 Eaton Corporation Recent Development

11.9 Sunverge Energy

11.9.1 Sunverge Energy Company Detail

11.9.2 Sunverge Energy Business Overview

11.9.3 Sunverge Energy Remote Microgrid Introduction

11.9.4 Sunverge Energy Revenue in Remote Microgrid Business (2018-2023)

11.9.5 Sunverge Energy Recent Development

11.10 Siemens

11.10.1 Siemens Company Detail

11.10.2 Siemens Business Overview

11.10.3 Siemens Remote Microgrid Introduction

11.10.4 Siemens Revenue in Remote Microgrid Business (2018-2023)

11.10.5 Siemens Recent Development

11.11 Toshiba

11.11.1 Toshiba Company Detail

11.11.2 Toshiba Business Overview

11.11.3 Toshiba Remote Microgrid Introduction

11.11.4 Toshiba Revenue in Remote Microgrid Business (2018-2023)

11.11.5 Toshiba Recent Development

11.12 General Microgrids

11.12.1 General Microgrids Company Detail

11.12.2 General Microgrids Business Overview

11.12.3 General Microgrids Remote Microgrid Introduction

11.12.4 General Microgrids Revenue in Remote Microgrid Business (2018-2023)

11.12.5 General Microgrids Recent Development

11.13 Lockheed Martin

11.13.1 Lockheed Martin Company Detail

11.13.2 Lockheed Martin Business Overview

11.13.3 Lockheed Martin Remote Microgrid Introduction

11.13.4 Lockheed Martin Revenue in Remote Microgrid Business (2018-2023)

11.13.5 Lockheed Martin Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Remote Microgrid Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Grid-Tied Type Microgrid

    Table 3. Key Players of Independent Type Microgrid

    Table 4. Global Remote Microgrid Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 5. Global Remote Microgrid Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Remote Microgrid Market Size by Region (2018-2023) & (US$ Million)

    Table 7. Global Remote Microgrid Market Share by Region (2018-2023)

    Table 8. Global Remote Microgrid Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 9. Global Remote Microgrid Market Share by Region (2024-2029)

    Table 10. Remote Microgrid Market Trends

    Table 11. Remote Microgrid Market Drivers

    Table 12. Remote Microgrid Market Challenges

    Table 13. Remote Microgrid Market Restraints

    Table 14. Global Remote Microgrid Revenue by Players (2018-2023) & (US$ Million)

    Table 15. Global Remote Microgrid Market Share by Players (2018-2023)

    Table 16. Global Top Remote Microgrid Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Remote Microgrid as of 2022)

    Table 17. Ranking of Global Top Remote Microgrid Companies by Revenue (US$ Million) in 2022

    Table 18. Global 5 Largest Players Market Share by Remote Microgrid Revenue (CR5 and HHI) & (2018-2023)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Remote Microgrid Product Solution and Service

    Table 21. Date of Enter into Remote Microgrid Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Remote Microgrid Market Size by Type (2018-2023) & (US$ Million)

    Table 24. Global Remote Microgrid Revenue Market Share by Type (2018-2023)

    Table 25. Global Remote Microgrid Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 26. Global Remote Microgrid Revenue Market Share by Type (2024-2029)

    Table 27. Global Remote Microgrid Market Size by Application (2018-2023) & (US$ Million)

    Table 28. Global Remote Microgrid Revenue Market Share by Application (2018-2023)

    Table 29. Global Remote Microgrid Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 30. Global Remote Microgrid Revenue Market Share by Application (2024-2029)

    Table 31. North America Remote Microgrid Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 32. North America Remote Microgrid Market Size by Country (2018-2023) & (US$ Million)

    Table 33. North America Remote Microgrid Market Size by Country (2024-2029) & (US$ Million)

    Table 34. Europe Remote Microgrid Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. Europe Remote Microgrid Market Size by Country (2018-2023) & (US$ Million)

    Table 36. Europe Remote Microgrid Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Asia-Pacific Remote Microgrid Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Asia-Pacific Remote Microgrid Market Size by Region (2018-2023) & (US$ Million)

    Table 39. Asia-Pacific Remote Microgrid Market Size by Region (2024-2029) & (US$ Million)

    Table 40. Latin America Remote Microgrid Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Latin America Remote Microgrid Market Size by Country (2018-2023) & (US$ Million)

    Table 42. Latin America Remote Microgrid Market Size by Country (2024-2029) & (US$ Million)

    Table 43. Middle East & Africa Remote Microgrid Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Middle East & Africa Remote Microgrid Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Middle East & Africa Remote Microgrid Market Size by Country (2024-2029) & (US$ Million)

    Table 46. ABB Company Detail

    Table 47. ABB Business Overview

    Table 48. ABB Remote Microgrid Product

    Table 49. ABB Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 50. ABB Recent Development

    Table 51. NEC Company Detail

    Table 52. NEC Business Overview

    Table 53. NEC Remote Microgrid Product

    Table 54. NEC Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 55. NEC Recent Development

    Table 56. GE Company Detail

    Table 57. GE Business Overview

    Table 58. GE Remote Microgrid Product

    Table 59. GE Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 60. GE Recent Development

    Table 61. Aquion Energy Company Detail

    Table 62. Aquion Energy Business Overview

    Table 63. Aquion Energy Remote Microgrid Product

    Table 64. Aquion Energy Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 65. Aquion Energy Recent Development

    Table 66. Echelon Company Detail

    Table 67. Echelon Business Overview

    Table 68. Echelon Remote Microgrid Product

    Table 69. Echelon Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 70. Echelon Recent Development

    Table 71. Raytheon Company Detail

    Table 72. Raytheon Business Overview

    Table 73. Raytheon Remote Microgrid Product

    Table 74. Raytheon Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 75. Raytheon Recent Development

    Table 76. S&C Electric Co Company Detail

    Table 77. S&C Electric Co Business Overview

    Table 78. S&C Electric Co Remote Microgrid Product

    Table 79. S&C Electric Co Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 80. S&C Electric Co Recent Development

    Table 81. Eaton Corporation Company Detail

    Table 82. Eaton Corporation Business Overview

    Table 83. Eaton Corporation Remote Microgrid Product

    Table 84. Eaton Corporation Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 85. Eaton Corporation Recent Development

    Table 86. Sunverge Energy Company Detail

    Table 87. Sunverge Energy Business Overview

    Table 88. Sunverge Energy Remote Microgrid Product

    Table 89. Sunverge Energy Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 90. Sunverge Energy Recent Development

    Table 91. Siemens Company Detail

    Table 92. Siemens Business Overview

    Table 93. Siemens Remote Microgrid Product

    Table 94. Siemens Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 95. Siemens Recent Development

    Table 96. Toshiba Company Detail

    Table 97. Toshiba Business Overview

    Table 98. Toshiba Remote Microgrid Product

    Table 99. Toshiba Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 100. Toshiba Recent Development

    Table 101. General Microgrids Company Detail

    Table 102. General Microgrids Business Overview

    Table 103. General Microgrids Remote Microgrid Product

    Table 104. General Microgrids Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 105. General Microgrids Recent Development

    Table 106. Lockheed Martin Company Detail

    Table 107. Lockheed Martin Business Overview

    Table 108. Lockheed Martin Remote Microgrid Product

    Table 109. Lockheed Martin Revenue in Remote Microgrid Business (2018-2023) & (US$ Million)

    Table 110. Lockheed Martin Recent Development

    Table 111. Research Programs/Design for This Report

    Table 112. Key Data Information from Secondary Sources

    Table 113. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Remote Microgrid Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Remote Microgrid Market Share by Type: 2022 VS 2029

    Figure 3. Grid-Tied Type Microgrid Features

    Figure 4. Independent Type Microgrid Features

    Figure 5. Global Remote Microgrid Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 6. Global Remote Microgrid Market Share by Application: 2022 VS 2029

    Figure 7. Commercial/Industrial Microgrid Case Studies

    Figure 8. Community/Utility Microgrid Case Studies

    Figure 9. Campus/Institutional Microgrid Case Studies

    Figure 10. Military Microgrid Case Studies

    Figure 11. Remote Microgrid Case Studies

    Figure 12. Remote Microgrid Report Years Considered

    Figure 13. Global Remote Microgrid Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 14. Global Remote Microgrid Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 15. Global Remote Microgrid Market Share by Region: 2022 VS 2029

    Figure 16. Global Remote Microgrid Market Share by Players in 2022

    Figure 17. Global Top Remote Microgrid Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Remote Microgrid as of 2022)

    Figure 18. The Top 10 and 5 Players Market Share by Remote Microgrid Revenue in 2022

    Figure 19. North America Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. North America Remote Microgrid Market Share by Country (2018-2029)

    Figure 21. United States Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Canada Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe Remote Microgrid Market Share by Country (2018-2029)

    Figure 25. Germany Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. France Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. U.K. Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Italy Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Russia Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Nordic Countries Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific Remote Microgrid Market Share by Region (2018-2029)

    Figure 33. China Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Japan Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. South Korea Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Southeast Asia Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. India Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Australia Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America Remote Microgrid Market Share by Country (2018-2029)

    Figure 41. Mexico Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Brazil Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa Remote Microgrid Market Share by Country (2018-2029)

    Figure 45. Turkey Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Saudi Arabia Remote Microgrid Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. ABB Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 48. NEC Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 49. GE Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 50. Aquion Energy Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 51. Echelon Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 52. Raytheon Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 53. S&C Electric Co Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 54. Eaton Corporation Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 55. Sunverge Energy Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 56. Siemens Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 57. Toshiba Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 58. General Microgrids Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 59. Lockheed Martin Revenue Growth Rate in Remote Microgrid Business (2018-2023)

    Figure 60. Bottom-up and Top-down Approaches for This Report

    Figure 61. Data Triangulation

    Figure 62. Key Executives Interviewed