Dallas, Texas (PRWEB) April 09, 2013
“Microgrid in Smart Grid - Market Size, Key Issues, Regulations and Outlook to 2020” provides insight into the market scenario related to microgird in the power sector. The global microgrid is currently in the introductory stage, but is witnessing deployment in various countries such as the US, Canada, Germany, the UK, Netherlands, China and India. The market is currently growing gradually but in a couple of years it is estimated to observe a significant growth. Proper regulatory support is essential for the growth of the microgrid market (http://www.reportsnreports.com/reports/232861-microgrid-in-smart-grid-market-size-key-issues-regulations-and-outlook-to-2020.html) during the forecast period. The global microgrid market is expected to grow at a CAGR of 17.5% during 2012–2020. Emphasis on power supply security is one of the major drivers in the growth of global microgrid market along with increasing the electrification and reducing the transmission and distribution losses. The report cover various aspects of microgrid market such as market sizing, outlook, key projects, regulations and cost benefit analysis. It starts with a discussion on the global microgrid market and explores the key initiatives undertaken, drivers, restraints, applications and standards affecting the market. The report also provides a detailed analysis on market sizing and outlook for global and key nations market. Key issues such as regulation affecting individual countries, projects and cost benefit analysis for microgrid project are also explained in the report.
Vendor Landscape Analysis of Microgrid Players: Honeywell, General Electric Company, Lockheed Martin, Schneider Electric, Siemens, Outback Power, General Microgrid, ZBB Energy Corporation, ABB, Echelon Corporation
Microgrid, Global, Key Applications:
1. Military Microgrids
2. Institution and Campus Microgrid
3. Community and Utility Microgrid
4. Island and Remote Microgrids
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