1 / 4

Asia-Pacific Microgrid Market – Forecast, 2020-2027

Some of the factors surging the growth of the Asia-Pacific microgrid market include rapid industrialization and the rising demand for uninterrupted power supply. Governments are heavily investing in this market to prevent environmental pollution and fulfil the growing requirement for rapid electrification.

Arif68
Download Presentation

Asia-Pacific Microgrid Market – Forecast, 2020-2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Report Title Asia-Pacific Microgrid Market – Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1

  2. The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers. The Asia-Pacific microgrid market drivers and trends are as follows: Some of the factors surging the growth of the Asia-Pacific microgrid market include rapid industrialization and the rising demand for uninterrupted power supply. Governments are heavily investing in this market to prevent environmental pollution and fulfil the growing requirement for rapid electrification. The increase in industrial development in countries like India, China, and Japan, coupled with the supportive government measures to boost renewable energy implementation in grid connectivity, is likely to propel the market growth. Several initiatives by governments such as ‘China’s Thirteenth Five Year Plan for Electricity Development,’ ‘National Solar Mission’ of India,’ and ‘Sustainable Rooftop Implementation for Solar Transfiguration of India (SRISTI)’ has accelerated the growth of the Asia-Pacific Microgrid market. Electricity has a high rate of support for the GDP of any country. Thereby, the developing countries are inclining towards the solutions, which can offer them 100% electrification. Due to growing concerns regarding energy security, countries are encouraging the use of renewable sources to create energy in their energy mix and have developed smart microgrid plans, focusing on offering uninterrupted power supply in rural and semi-urban areas. There has also been some private funding for the implementation of microgrid, which is fuelling the growth of this market. On the other hand, the high cost of implementing the whole microgrid infrastructure, starting from installing communication systems to the structure of smart meters and their regular maintenance, will hamper the growth of the Asia-Pacific microgrid market. Key Benefits of the Report: •This report offers an analytical depiction of the Asia-Pacific microgrid market while providing the current trends and future estimations to determine the imminent investment pockets. 2

  3. •This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the Asia-Pacific microgrid market share. •The report also provides a detailed Asia-Pacific microgrid market analysis based on competitive intensity and how the competition will take shape over the next six years. Segmentation of the Asia-Pacific microgrid market: Breakup by Connectivity: •Grid Connected •Off-Grid/Island Breakup by Grid Type: •AC microgrid •DC microgrid •Hybrid microgrid Breakup by Patterns: •Urban/Metropolitan •Semi-Urban •Rural/Island Breakup by Offering: •Hardware oPower Generators oEnergy Storage & Distributors oControllers •Software & Services Breakup by End-Use: •Commercial & Industrial •Remote •Government •Utilities •Institutes & Campuses •Military 3

  4. •Healthcare Breakup by Countries: •China •India •Japan •Rest of Asia-Pacific About GMI Research GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 4

More Related