Market Overview:
The global utility community milli grids market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for distributed generation and advanced energy storage solutions across the globe. In addition, growing concerns about climate change and rising electricity costs are also fueling the demand for milli grids in various applications. The global utility community milli grids market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into fossil distributed generation, inverter-based distributed generation, multiple loads, advanced energy storage, and point of common coupling. Inverter-based distributed generation held a major share of the global milli grid market in 2017 owing to its ability to provide voltage stability and frequency regulation in microgrids.
Product Definition:
A Utility Community Milli Grid is a microgrid that serves as a community resource, connecting multiple buildings and/or neighborhoods with distributed energy resources (DERs). The grid can be used to improve the resilience of the community by providing backup power in the event of an outage, and it can also help to reduce greenhouse gas emissions by integrating renewables into the local energy mix.
Fossil Distributed Generation:
Fossil distributed generation (FDG) is a form of renewable energy that includes power generated from fossil fuels, such as coal, natural gas and petroleum. FDG systems use fuel to generate electricity which can be used directly or converted into other forms of energy. Fossil fuels are abundant and inexpensive; however, the carbon emissions associated with their usage have a harmful impact on the environment.
Inverter-Based Distributed Generation:
Inverter-based distributed generation (IDG) is a form of grid energy storage that uses an electric motor to convert the excess electricity generated from solar, wind or other renewable sources into stored energy. IDG systems are designed to provide power for use when there is a lack of wind or solar radiation as it can store power which can be used even at night and during adverse weather conditions.
Application Insights:
The institutional/campus sites segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing investments for research and development for renewable energy generation at institutional level across countries, such as China, India, Germany etc. Furthermore, increasing government initiatives towards installation of solar panels on schools buildings are likely to propel demand over the next seven years.
Commercial/Industrial facilities accounted for a significant share in 2017 and are expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising demand from industrial sectors including manufacturing, cement etc., especially in emerging markets like China & India. The need for large scale distribution network is anticipated drive growth during this period as utility community millsi grids cater bulk power requirements resulting in high adoption across commercial facilities or industries which require large scale electricity supply network with low maintenance cost.
Regional Analysis:
North America dominated the global market in 2017, accounting for a share of over 35.0% owing to the presence of prominent players such as General Electric; Siemens; Alstom Grid and Ampyx Power Systems, Inc. The region is expected to maintain its dominance throughout the forecast period due to increasing investments in utility community milli grids and technological advancements coupled with supportive government initiatives.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing demand for clean energy resources in countries such as China and India along with other Southeast Asian nations.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Government policies and regulations supporting the use of renewable energy sources
- Rising concerns about climate change and its impact on the environment
- Development of innovative technologies that make it easier and more affordable to install milli grids systems
- Growing interest in microgrids as a way to improve energy security
Scope Of The Report
Report Attributes
Report Details
Report Title
Utility Community Milli Grids Market Research Report
By Type
Fossil Distributed Generation, Inverter-Based Distributed Generation, Multiple Loads, Advanced Energy Storage, Point of Common Coupling
By Application
Institutional/Campus Sites, Commercial/Industrial Facilities, Remote Off-Grid Communities, Others
By Companies
General Electric (GE), Arista Power, Bloom Energy, Boeing Smart Grid Solutions, Burns and McDonnell, Chevron Energy Solutions, Dong Energy, Encorp, Honeywell International Inc., Johnson Controls Inc., Lockheed Martin, Rolls-Royce Power Development, S & C Electric Company, SAIC, San Diego Gas and Electric, Schneider Electric, Siemens AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Utility Community Milli Grids Market Report Segments:
The global Utility Community Milli Grids market is segmented on the basis of:
Types
Fossil Distributed Generation, Inverter-Based Distributed Generation, Multiple Loads, Advanced Energy Storage, Point of Common Coupling
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Institutional/Campus Sites, Commercial/Industrial Facilities, Remote Off-Grid Communities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric (GE)
- Arista Power
- Bloom Energy
- Boeing Smart Grid Solutions
- Burns and McDonnell
- Chevron Energy Solutions
- Dong Energy
- Encorp
- Honeywell International Inc.
- Johnson Controls Inc.
- Lockheed Martin
- Rolls-Royce Power Development
- S & C Electric Company
- SAIC
- San Diego Gas and Electric
- Schneider Electric
- Siemens AG
Highlights of The Utility Community Milli Grids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fossil Distributed Generation
- Inverter-Based Distributed Generation
- Multiple Loads
- Advanced Energy Storage
- Point of Common Coupling
- By Application:
- Institutional/Campus Sites
- Commercial/Industrial Facilities
- Remote Off-Grid Communities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Utility Community Milli Grids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Utility Community Milli Grids (UCMGs) are a new type of energy system that can help communities manage their energy needs in a more sustainable way. UCMGs are made up of small, local power generators that work together to provide clean, reliable electricity to local communities. By sharing resources and coordinating their efforts, UCMGs can create economies of scale and reduce the cost of electricity for their members.
Some of the major players in the utility community milli grids market are General Electric (GE), Arista Power, Bloom Energy, Boeing Smart Grid Solutions, Burns and McDonnell, Chevron Energy Solutions, Dong Energy, Encorp, Honeywell International Inc., Johnson Controls Inc., Lockheed Martin, Rolls-Royce Power Development, S & C Electric Company, SAIC, San Diego Gas and Electric, Schneider Electric, Siemens AG.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Utility Community Milli Grids Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Utility Community Milli Grids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Utility Community Milli Grids Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Utility Community Milli Grids Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Utility Community Milli Grids Market Size & Forecast, 2018-2028
4.5.1 Utility Community Milli Grids Market Size and Y-o-Y Growth
4.5.2 Utility Community Milli Grids Market Absolute $ Opportunity
Chapter 5 Global Utility Community Milli Grids Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Utility Community Milli Grids Market Size Forecast by Type
5.2.1 Fossil Distributed Generation
5.2.2 Inverter-Based Distributed Generation
5.2.3 Multiple Loads
5.2.4 Advanced Energy Storage
5.2.5 Point of Common Coupling
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Utility Community Milli Grids Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Utility Community Milli Grids Market Size Forecast by Applications
6.2.1 Institutional/Campus Sites
6.2.2 Commercial/Industrial Facilities
6.2.3 Remote Off-Grid Communities
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Utility Community Milli Grids Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Utility Community Milli Grids Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Utility Community Milli Grids Analysis and Forecast
9.1 Introduction
9.2 North America Utility Community Milli Grids Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Utility Community Milli Grids Market Size Forecast by Type
9.6.1 Fossil Distributed Generation
9.6.2 Inverter-Based Distributed Generation
9.6.3 Multiple Loads
9.6.4 Advanced Energy Storage
9.6.5 Point of Common Coupling
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Utility Community Milli Grids Market Size Forecast by Applications
9.10.1 Institutional/Campus Sites
9.10.2 Commercial/Industrial Facilities
9.10.3 Remote Off-Grid Communities
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Utility Community Milli Grids Analysis and Forecast
10.1 Introduction
10.2 Europe Utility Community Milli Grids Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Utility Community Milli Grids Market Size Forecast by Type
10.6.1 Fossil Distributed Generation
10.6.2 Inverter-Based Distributed Generation
10.6.3 Multiple Loads
10.6.4 Advanced Energy Storage
10.6.5 Point of Common Coupling
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Utility Community Milli Grids Market Size Forecast by Applications
10.10.1 Institutional/Campus Sites
10.10.2 Commercial/Industrial Facilities
10.10.3 Remote Off-Grid Communities
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Utility Community Milli Grids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Utility Community Milli Grids Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Utility Community Milli Grids Market Size Forecast by Type
11.6.1 Fossil Distributed Generation
11.6.2 Inverter-Based Distributed Generation
11.6.3 Multiple Loads
11.6.4 Advanced Energy Storage
11.6.5 Point of Common Coupling
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Utility Community Milli Grids Market Size Forecast by Applications
11.10.1 Institutional/Campus Sites
11.10.2 Commercial/Industrial Facilities
11.10.3 Remote Off-Grid Communities
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Utility Community Milli Grids Analysis and Forecast
12.1 Introduction
12.2 Latin America Utility Community Milli Grids Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Utility Community Milli Grids Market Size Forecast by Type
12.6.1 Fossil Distributed Generation
12.6.2 Inverter-Based Distributed Generation
12.6.3 Multiple Loads
12.6.4 Advanced Energy Storage
12.6.5 Point of Common Coupling
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Utility Community Milli Grids Market Size Forecast by Applications
12.10.1 Institutional/Campus Sites
12.10.2 Commercial/Industrial Facilities
12.10.3 Remote Off-Grid Communities
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Utility Community Milli Grids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Utility Community Milli Grids Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Utility Community Milli Grids Market Size Forecast by Type
13.6.1 Fossil Distributed Generation
13.6.2 Inverter-Based Distributed Generation
13.6.3 Multiple Loads
13.6.4 Advanced Energy Storage
13.6.5 Point of Common Coupling
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Utility Community Milli Grids Market Size Forecast by Applications
13.10.1 Institutional/Campus Sites
13.10.2 Commercial/Industrial Facilities
13.10.3 Remote Off-Grid Communities
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Utility Community Milli Grids Market: Competitive Dashboard
14.2 Global Utility Community Milli Grids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric (GE)
14.3.2 Arista Power
14.3.3 Bloom Energy
14.3.4 Boeing Smart Grid Solutions
14.3.5 Burns and McDonnell
14.3.6 Chevron Energy Solutions
14.3.7 Dong Energy
14.3.8 Encorp
14.3.9 Honeywell International Inc.
14.3.10 Johnson Controls Inc.
14.3.11 Lockheed Martin
14.3.12 Rolls-Royce Power Development
14.3.13 S & C Electric Company
14.3.14 SAIC
14.3.15 San Diego Gas and Electric
14.3.16 Schneider Electric
14.3.17 Siemens AG
