Market Overview:
The global nanogrid market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for distributed energy resources and the need for reliable and secure power supply. In addition, government initiatives and regulations supporting the deployment of nanogrids are also contributing to the growth of this market. The global nanogrid market is segmented on the basis of type, application, and region. On the basis of type, it is divided into nanogrid and microgrid. Nanogrids are further classified into AC-coupled systems, DC-coupled systems, hybrid systems, and smart grids. Microgrids are further classified into isolated microgrids (grid-connected) and community microgrids (off grid). On the basis of application, it is divided into residential applications commercial applications industrial applications military & defense applications Others (transportation sector etc.
Product Definition:
A nanogrid is a small-scale, localized energy grid that uses distributed energy resources (DER) such as solar panels, wind turbines and energy storage systems. Nanogrids can improve the reliability of the electricity grid by reducing the need for centralized generation and transmission infrastructure. They can also help to integrate more renewable energy into the grid and increase resilience to power outages.
Nanogrid:
Nanogrid is a new generation sequencing (NGS) based microbial genomic microarray platform. It enables comprehensive profiling of the microbiome at a high-throughput scale and provides insights about the role of microbes in human disease. Nanogrid technology has been developed by researchers at The Australian National University, Garvan Institute of Medical Research, La Trobe University, Monash University, and Western Sydney University.
Microgrid:
Microgrid is a power system consisting of two or more grids connected by load banks and capacitors. It helps to smooth out the variations in renewable energy production. Microgrids are also used for integrating large amounts of variable renewable energy into the grid along with storage technologies such as batteries, flywheels, super capacitors and hydrogen fuel cells.
Application Insights:
The residential segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. Nanogrids have a huge potential in providing energy-efficient, cost-effective and sustainable solutions for residential applications. The commercial segment is also anticipated to witness considerable growth over the next eight years owing to rising demand from various end-use industries such as healthcare, data centers, IT offices etc.
Nanogrid technology can provide power distribution with high reliability by improving power quality on both sides of a transformer core. It can also help reduce energy costs by reducing losses caused due to resistance across long distances that occur in conventional grid systems. These advantages of nanogrid technology are expected to drive its adoption across commercial buildings globally during the forecast period 8018–0228 creating immense business opportunities for nanotechnology companies worldwide during this timeframe 8018–2030.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization, which has led to an increase in electricity demand across various end-use sectors such as transportation, commercial, and residential. Rising need for sustainable energy solutions owing to increasing population along with rising energy consumption is anticipated to drive industry expansion over the coming years.
North America accounted for a significant share of revenue in 2017 owing to growing investments by governments towards renewable sources of energy generation coupled with strict regulations regarding carbon emission into atmosphere from power plants and other industries. These factors are projected to boost industry expansion over the next eight years or so.
Growth Factors:
- Increasing demand for energy storage systems: The global market for energy storage is expected to grow from .9 billion in 2018 to .5 billion by 2025, at a compound annual growth rate (CAGR) of 17%, according to MarketsandMarkets research. This growing demand is being driven by the need to store renewable energy and reduce greenhouse gas emissions.
- Rapid deployment of nanogrid technology: Nanogrid technology is rapidly being deployed across the globe as utilities and other organizations seek ways to improve grid reliability and efficiency, integrate more renewables onto the grid, and manage costs. For example, Tesla has installed over 1 GWh of nanogrid capacity worldwide since 2016 through its Tesla Energy business unit .
- Increased interest in microgrids: Microgrids are also gaining traction as a way to improve grid reliability and efficiency while integrating more renewables onto the grid; they can also provide localized power generation and distribution which can be especially useful in remote or rural areas without access to traditional centralized grids .
- Growing focus on decarbonization: As countries around the world work towards reducing their greenhouse gas emissions, there is increasing focus on deploying low-carbon technologies such as nanogrids .
Scope Of The Report
Report Attributes
Report Details
Report Title
Nanogrid Market Research Report
By Type
Nanogrid, Microgrid
By Application
Residental, Commercial
By Companies
Bosch, Eaton, Greensmith Energy Management Systems, Johnson Controls, Power Generation Services, Alpha Group, Emerson Network Power, Flexenclosure, Green Charge Networks, Ideal Power, Moixa Technology, Nextek Power Systems, NRG Energy, Odyne Systems, Pika Energy, Sunverge Energy, TimberRock Energy Solutions, Trama TechAmbiental, VIA Motors, Village Infrastructure
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Nanogrid Market Report Segments:
The global Nanogrid market is segmented on the basis of:
Types
Nanogrid, Microgrid
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
Residental, Commercial
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:
- Bosch
- Eaton
- Greensmith Energy Management Systems
- Johnson Controls
- Power Generation Services
- Alpha Group
- Emerson Network Power
- Flexenclosure
- Green Charge Networks
- Ideal Power
- Moixa Technology
- Nextek Power Systems
- NRG Energy
- Odyne Systems
- Pika Energy
- Sunverge Energy
- TimberRock Energy Solutions
- Trama TechAmbiental
- VIA Motors
- Village Infrastructure
Highlights of The Nanogrid 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:
- Nanogrid
- Microgrid
- By Application:
- Residental
- Commercial
- 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 Nanogrid 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?
Nanogrid is a platform that provides developers with the tools they need to build and deploy next-generation applications. Nanogrid's cloud-based platform makes it easy for developers to create, manage, and deploy applications on any device or operating system.
Some of the major companies in the nanogrid market are Bosch, Eaton, Greensmith Energy Management Systems, Johnson Controls, Power Generation Services, Alpha Group, Emerson Network Power, Flexenclosure, Green Charge Networks, Ideal Power, Moixa Technology, Nextek Power Systems, NRG Energy, Odyne Systems, Pika Energy, Sunverge Energy, TimberRock Energy Solutions, Trama TechAmbiental, VIA Motors, Village Infrastructure.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nanogrid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Nanogrid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nanogrid Market - Supply Chain
4.5. Global Nanogrid Market Forecast
4.5.1. Nanogrid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nanogrid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nanogrid Market Absolute $ Opportunity
5. Global Nanogrid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Nanogrid Market Size and Volume Forecast by Type
5.3.1. Nanogrid
5.3.2. Microgrid
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nanogrid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Nanogrid Market Size and Volume Forecast by Application
6.3.1. Residental
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nanogrid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Nanogrid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Nanogrid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Nanogrid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Nanogrid Demand Share Forecast, 2019-2026
9. North America Nanogrid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Nanogrid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Nanogrid Market Size and Volume Forecast by Application
9.4.1. Residental
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nanogrid Market Size and Volume Forecast by Type
9.7.1. Nanogrid
9.7.2. Microgrid
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Nanogrid Demand Share Forecast, 2019-2026
10. Latin America Nanogrid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Nanogrid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Nanogrid Market Size and Volume Forecast by Application
10.4.1. Residental
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nanogrid Market Size and Volume Forecast by Type
10.7.1. Nanogrid
10.7.2. Microgrid
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Nanogrid Demand Share Forecast, 2019-2026
11. Europe Nanogrid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Nanogrid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Nanogrid Market Size and Volume Forecast by Application
11.4.1. Residental
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nanogrid Market Size and Volume Forecast by Type
11.7.1. Nanogrid
11.7.2. Microgrid
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Nanogrd Demand Share, 2019-2026
12. Asia Pacific Nanogrid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Nanogrid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Nanogrid Market Size and Volume Forecast by Application
12.4.1. Residental
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nanogrid Market Size and Volume Forecast by Type
12.7.1. Nanogrid
12.7.2. Microgrid
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Nanogrid Demand Share, 2019-2026
13. Middle East & Africa Nanogrid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Nanogrid Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Nanogrid Market Size and Volume Forecast by Application
13.4.1. Residental
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nanogrid Market Size and Volume Forecast by Type
13.7.1. Nanogrid
13.7.2. Microgrid
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Nanogrid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nanogrid Market: Market Share Analysis
14.2. Nanogrid Distributors and Customers
14.3. Nanogrid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Greensmith Energy Management Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Johnson Controls
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Power Generation Services
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Alpha Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Emerson Network Power
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Flexenclosure
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Green Charge Networks
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ideal Power
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Moixa Technology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nextek Power Systems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. NRG Energy
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Odyne Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Pika Energy
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sunverge Energy
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. TimberRock Energy Solutions
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Trama TechAmbiental
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. VIA Motors
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Village Infrastructure
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
