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Microgrid Market by Offering (Hardware- Power Generation & Energy Storage System, Software, and Service), Connectivity (Grid Connected and Remote/ Island), Grid Type (AC, DC, and Hybrid Microgrid), Vertical & Geography - Global Forecast to 2022

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Date: 02-Mar-2017
No. of pages: 171
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“The microgrid market is likely to grow at a CAGR of 12.45%between 2016 and 2022”

The microgrid market was valued at USD 16.58 billion in 2015 and is expected to reach USD 38.99 billion by 2022, at a CAGR of 12.45% during the forecast period. The market growth can be attributed to several factors such as growing demand for automated grid system and enhancement in microgrid connectivity through integration of IoT. The major restraints for the microgrid market are the high initial cost of installation and land acquisition and registration complications for solar PV installation in rural areas.

“The market for healthcare is expected to grow at a high rateduring the forecast period”

Hospitals are an essential facility leveraging the advantages of the microgrid. The microgrid system provides significant economic and environmental benefits to the most advanced healthcare facilities. It has the ability to optimize the energy consumption for any type of facility, and this brings particular value to public facilities such as hospitals, which use mass quantities of power to maintain daily operations without risking an outage. The increasing need for uninterrupted power supply in the healthcare vertical is the key factor contributing to the growth of this market.

“The market in APAC is expected to grow at the highest rate during the forecast period”

Rise in microgrid installations in Africa and APAC for rural electrification projects and rapidly growing mining vertical in the Indian market, along with investments made by both national and international companies such as ABB, Siemens, GE, and Schneider Electric, are some of the key factors contributing to the growth of the microgrid market in APAC. The countries considered in APAC are China, Japan, India, Australia, and Rest of APAC. The Americas holds the largest share of the microgrid market as there is strong support for microgrid development from the U.S. and Canadian governments.

Additionally, many big players and the start-ups in this region are investing more for technological enhancement of microgrid.

Breakdown of primary participants’ profile by different parameters:


  • By Company Type: Tier 1—50%, Tier 2—33%, and Tier 3—17%

  • By Designation: CLevel—50%, Director Level—33%, and Others—17%

  • By Region: Americas—67%, Europe—16%, and APAC—17%


The key players operating in this market are ABB Ltd. (Switzerland), General Electric (U.S.), Eaton Corporation PLC (Ireland), Siemens AG (Germany), Exelon Corporation (U.S.), Schneider Electric (France), Caterpillar Inc. (U.S.), Power Analytics Corporation (U.S.), HOMER Energy LLC (U.S.), and S&C Electric Company (U.S.).

Research Coverage:

In this report, various segments such as offering, connectivity, grid type, vertical, and geography have been covered. The report also discusses the drivers, restraints, opportunities, and challenges for the market. It gives a detailed view of the market across four main regions: the Americas, Europe, APAC, and RoW. Porter’s five forces analysis has been included in the report, along with the description of each force and its impact on the market.

Reasons to Buy the Report:


  • This report includes the statistics pertaining to the microgrid market in terms of offering, connectivity, grid type, vertical, and geography, along with their respective market size (in terms of value for the hardware segment).

  • Porter’s five forces analysis, value chain analysis, and key strategies adopted by the market players have been provided for the microgrid market.

  • Major drivers, restraints, opportunities, and challenges for the microgrid market have been provided in detail in this report.

  • The report includes illustrative segmentation, analysis, and forecast for the microgrid market based on its segments and subsegments.

Microgrid Market by Offering (Hardware- Power Generation & Energy Storage System, Software, and Service), Connectivity (Grid Connected and Remote/ Island), Grid Type (AC, DC, and Hybrid Microgrid), Vertical & Geography - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.1.2 Approach for Capturing the Market Share With the Help of Various Players in the Value Chain of the Microgrid Market
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Microgrid Market
4.2 Microgrid Market, By Offering
4.3 Americas Held the Largest Share of the Microgrid Market
4.4 China Dominated the Microgrid Market in APAC
4.5 Microgrid Market, By Connectivity

5 Market Overview
5.1 Market Segmentation
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Automated Grid System
5.2.1.2 Reduced Carbon Footprint
5.2.1.3 Enhancement in Microgrid Connectivity Through Integration of IoT
5.2.1.4 Advantages of Cheap and Clean Energy Storage
5.2.2 Restraints
5.2.2.1 High Installation Cost
5.2.2.2 Utility Franchise Rights for Connecting Multisite Microgrids
5.2.2.3 Land Acquisition and Registration Complications for Solar PV Installation in Rural Areas
5.2.3 Opportunities
5.2.3.1 Rise in Microgrid Installations in Africa and APAC for Rural Electrification Projects
5.2.3.2 Growing Demand for Microgrids in Healthcare and Military Sectors
5.2.4 Challenges
5.2.4.1 Complex Planning and Design
5.2.4.2 Technological Risk
5.2.4.3 Interoperability and Compatibility
5.2.4.4 Policies, Regulations, and Standards

6 Industry Trends
6.1 Value Chain Analysis
6.2 Porter’s Five Forces Analysis
6.2.1 Intensity of Competitive Rivalry
6.2.2 Threat of Substitutes
6.2.3 Bargaining Power of Buyers
6.2.4 Bargaining Power of Suppliers
6.2.5 Threat of New Entrants
6.3 Safety, Islanding, and Energy Storage Standards
6.3.1 UL Standards
6.3.1.1 UL 1741 Standard
6.3.1.2 UL 9741 Standard
6.3.1.3 UL 62109 Standard
6.3.2 IEEE Standards
6.3.2.1 IEEE Standard 1547
6.3.2.2 IEEE Standard 2030
6.3.3 IEC Standards
6.3.3.1 IEC 61850 Standard
6.3.3.2 IEC 61724 Standard
6.3.3.3 IEC 61727 Standard
6.4 Regulatory Standards

7 Microgrid Market, By Offering
7.1 Introduction
7.2 Hardware
7.2.1 Switchgear
7.2.2 Power Inverter
7.2.3 Smart Meter
7.2.4 Reciprocating Engine
7.2.5 Energy Storage System and Power Generator
7.2.5.1 Power Generators
7.2.5.1.1 Fuel Cells and Diesel Gensets
7.2.5.1.2 CHP and Micro-CHP
7.2.5.1.3 Microturbines
7.2.5.1.4 Renewables
7.2.5.1.4.1 PV Cells
7.2.5.1.4.2 Wind Based
7.2.5.1.4.3 Others
7.2.5.2 Energy Storage Systems
7.2.5.2.1 Lithium–Ion Batteries
7.2.5.2.2 Lead-Acid Batteries
7.2.5.2.3 Flywheels
7.2.5.2.4 Flow Batteries
7.2.5.2.5 Others
7.3 Software
7.3.1 Software as A Service
7.4 Services
7.4.1 Engineering and Design
7.4.2 Monitoring and Control
7.4.3 Operations and Maintenance

8 Microgrid Market, By Connectivity
8.1 Introduction
8.2 Grid Connected
8.3 Remote/Island

9 Microgrid Market, By Grid Type (Qualitative Chapter)
9.1 Introduction
9.2 AC Microgrid
9.3 DC Microgrid
9.4 Hybrid

10 Microgrid Market, By Vertical
10.1 Introduction
10.2 Healthcare
10.3 Educational Institutions
10.4 Industrial
10.4.1 Steel
10.4.2 Mining
10.4.3 Others
10.5 Military
10.6 Electric Utility
10.6.1 Urban Electrification
10.6.2 Rural Electrification
10.7 Others

11 Geographic Analysis
11.1 Introduction
11.2 Americas
11.2.1 Strong Support From the Government
11.2.2 North America
11.2.2.1 Government Mandates to Install Solar (PV) Microgrids in the Healthcare Sector
11.2.2.2 U.S.
11.2.2.2.1 Increasing Investments to Enhance Operations in the Solar Industry to Drive Microgrid Adoption
11.2.2.3 Rest of North America
11.2.2.3.1 Focus on Microgrid Technology Development
11.2.3 Latin America
11.2.3.1 Increasing Deployment of Remote Microgrids Drives the Overall Microgrid Market
11.2.3.2 Brazil
11.2.3.2.1 Increasing Use of Microgrids in the Residential Sector
11.2.3.3 Rest of Latin America
11.2.3.3.1 High Opportunity for the Microgrid Market in the Future
11.3 Europe
11.3.1 R&D Projects Shaping the Future of the European Microgrid Market
11.3.1.1 Russia
11.3.1.1.1 Focus on Expansion of the Microgrid Market
11.3.1.2 Germany
11.3.1.2.1 Large Investments on Grid Projects
11.3.1.3 France
11.3.1.3.1 Investments in the Software Microgrid Market
11.3.1.4 U.K.
11.3.1.4.1 Steps Taken By Government of U.K. to Reduce Greenhouse Emission By 80% Till 2050 Driving the Microgrid Market
11.3.2 Rest of Europe
11.3.2.1 Increased Demand for Photovoltaic Plants
11.4 APAC
11.4.1 Increase in Installation of Microgrids Due to the Rising Demand for Energy
11.4.2 India
11.4.2.1 Increasing Adoption of Microgrids in Rural Areas
11.4.3 China
11.4.3.1 Several Initiatives By Various Companies
11.4.4 Australia
11.4.4.1 Several Initiatives By Arena to Drive the PV Cells Market
11.4.5 Japan
11.4.5.1 Expanding Microgrid Facilities
11.4.6 Rest of APAC
11.4.6.1 Huge Potential for Off-Grid System
11.5 Rest of the World
11.5.1 High Demand for Microgrids in Industrial Applications
11.5.2 Middle East
11.5.2.1 Middle East is Developing Utility-Scale Solar Power Sources to Increase Adoption of Microgrids
11.5.3 Africa
11.5.3.1 Increasing Number of Microgrid Projects

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis: Microgrid Market
12.3 Competitive Scenario
12.4 Recent Developments
12.4.1 Partnerships/Agreements/Joint Ventures/Collaborations
12.4.2 New Product Launches
12.4.3 Expansions
12.4.4 Mergers and Acquisitions

13 Company Profiles
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 Introduction
13.2 ABB Ltd.
13.3 General Electric
13.4 Eaton Corporation PLC
13.5 Siemens AG
13.6 Exelon Corporation
13.7 Schneider Electric
13.8 Caterpillar Inc.
13.9 Power Analytics Corporation
13.10 Homer Energy LLC
13.11 S&C Electric Company
13.12 Key Innovators
13.12.1 Tesla Motors Inc.
13.12.2 Steama Co. Ltd.
13.12.3 Green Energy Corp.
13.12.4 Advanced Microgrid Solutions
13.12.5 General Microgrids, Inc.
13.12.6 Viridity Energy, Inc.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Microgrid Market Segmentation, By Offering
Table 2 Microgrid Market Segmentation, By Connectivity
Table 3 Microgrid Market Segmentation, By Grid Type
Table 4 Microgrid Market Segmentation, By Vertical
Table 5 Estimated Cost of A 2MW Microgrid
Table 6 Porter’s Five Forces Analysis: Threat of Substitutes Likely to Have A Minimum Impact on the Overall Market
Table 7 Microgrid Market: Regulatory Landscape
Table 8 Microgrid Market, By Offering, 2013–2022 (USD Billion)
Table 9 Microgrid Market, By Hardware, 2013–2022 (USD Billion)
Table 10 Microgrid Market for Hardware, By Connectivity, 2013–2022 (USD Billion)
Table 11 Microgrid Market for Switchgear, By Connectivity, 2013–2022 (USD Billion)
Table 12 Microgrid Market for Power Inverter, By Connectivity, 2013–2022 (USD Billion)
Table 13 Microgrid Market for Smart Meter, By Connectivity, 2013–2022 (USD Billion)
Table 14 Microgrid Market for Reciprocating Engine, By Connectivity, 2013–2022 (USD Billion)
Table 15 Microgrid Market for Energy Storage System and Power Generator, By Connectivity, 2013–2022 (USD Billion)
Table 16 Microgrid Market, By Energy Storage System and Power Generator, 2013–2022 (USD Billion)
Table 17 Microgrid Market for Fuel Cells and Diesel Gensets, By Connectivity, 2013–2022 (USD Billion)
Table 18 Microgrid Market for CHP and Micro-CHP, By Connectivity, 2013–2022 (USD Billion)
Table 19 Microgrid Market for Microturbines, By Connectivity, 2013–2022 (USD Billion)
Table 20 Microgrid Market for Renewables, By Connectivity, 2013–2022 (USD Billion)
Table 21 Microgrid Market, By Renewable, 2013–2022 (USD Billion)
Table 22 Microgrid Market for Batteries, By Connectivity, 2013–2022 (USD Billion)
Table 23 Microgrid Market, By Connectivity, 2013–2022 (USD Billion)
Table 24 Microgrid Market for Grid-Connected Microgrid, By Offering, 2013–2022 (USD Billion)
Table 25 Microgrid Market for Grid-Connected Microgrid, By Hardware, 2013–2022 (USD Billion)
Table 26 Microgrid Market for Grid-Connected Microgrid, By Energy Storage System and Power Generator, 2013–2022 (USD Billion)
Table 27 Microgrid Market for Grid-Connected Microgrid, By Vertical, 2013–2022 (USD Billion)
Table 28 Microgrid Market for Grid-Connected Microgrid, By Industrial, 2013–2022 (USD Billion)
Table 29 Microgrid Market for Grid-Connected Microgrid, By Electric Utility, 2013–2022 (USD Billion)
Table 30 Microgrid Market for Remote/Island Microgrid, By Offering, 2013–2022 (USD Billion)
Table 31 Microgrid Market for Remote/Island Microgrid, By Hardware, 2013–2022 (USD Billion)
Table 32 Microgrid Market for Remote/Island Microgrid, By Energy Storage System and Power Generator, 2013–2022 (USD Billion)
Table 33 Microgrid Market for Remote/Island Microgrid, By Vertical, 2013–2022 (USD Billion)
Table 34 Microgrid Market for Remote/Island Microgrid, By Industrial, 2013–2022 (USD Billion)
Table 35 Microgrid Market for Remote/Island Microgrid, By Electric Utility, 2013–2022 (USD Billion)
Table 36 Microgrid Market, By Vertical, 2013–2022 (USD Billion)
Table 37 Microgrid Market for Healthcare, By Connectivity, 2013–2022 (USD Billion)
Table 38 Microgrid Market for Healthcare, By Region, 2013–2022 (USD Billion)
Table 39 Microgrid Market for Educational Institutions, By Connectivity, 2013–2022 (USD Billion)
Table 40 Microgrid Market for Educational Institutions, By Region, 2013–2022 (USD Billion)
Table 41 Microgrid Market for Industrial Vertical, By Connectivity, 2013–2022 (USD Billion)
Table 42 Microgrid Market for Industrial Vertical, By Region, 2013–2022 (USD Billion)
Table 43 Microgrid Market, By Industrial, 2013–2022 (USD Billion)
Table 44 Microgrid Market for Steel Vertical, By Connectivity, 2013–2022 (USD Billion)
Table 45 Microgrid Market for Steel Vertical, By Region, 2013–2022 (USD Billion)
Table 46 Microgrid Market for Mining Vertical, By Connectivity, 2013–2022 (USD Billion)
Table 47 Microgrid Market for Mining Vertical, By Region, 2013–2022 (USD Billion)
Table 48 Microgrid Market for Other Industrial Verticals, By Connectivity, 2013–2022 (USD Billion)
Table 49 Microgrid Market for Other Industrial Verticals, By Region, 2013–2022 (USD Billion)
Table 50 Microgrid Market for Military Vertical, By Connectivity, 2013–2022 (USD Billion)
Table 51 Microgrid Market for Military Vertical, By Region, 2013–2022 (USD Billion)
Table 52 Microgrid Market for Electric Utility Vertical, By Connectivity, 2013–2022 (USD Billion)
Table 53 Microgrid Market for Electric Utility Vertical, By Region, 2013–2022 (USD Billion)
Table 54 Microgrid Market, By Electric Utility, 2013–2022 (USD Billion)
Table 55 Microgrid Market for Urban Electrification, By Connectivity, 2013–2022 (USD Billion)
Table 56 Microgrid Market for Urban Electrification, By Region, 2013–2022 (USD Billion)
Table 57 Microgrid Market for Rural Electrification, By Connectivity, 2013–2022 (USD Billion)
Table 58 Microgrid Market for Rural Electrification, By Region, 2013–2022 (USD Billion)
Table 59 Microgrid Market for Other Verticals, By Connectivity, 2013–2022 (USD Billion)
Table 60 Microgrid Market for Other Verticals, By Region, 2013–2022 (USD Billion)
Table 61 Microgrid Market, By Region, 2013–2022 (USD Billion)
Table 62 Microgrid Market in Americas, By Vertical, 2013–2022 (USD Billion)
Table 63 Microgrid Market in Americas, By Industrial, 2013–2022 (USD Billion)
Table 64 Microgrid Market in Americas, By Electric Utility, 2013–2022 (USD Billion)
Table 65 Microgrid Market in Americas, By Region, 2013–2022 (USD Billion)
Table 66 Microgrid Market in North America, By Country, 2013–2022 (USD Billion)
Table 67 Microgrid Market in Latin America, By Country, 2013–2022 (USD Billion)
Table 68 Microgrid Market in Europe, By Vertical, 2013–2022 (USD Billion)
Table 69 Microgrid Market in Europe, By Industrial, 2013–2022 (USD Billion)
Table 70 Microgrid Market in Europe, By Electric Utility, 2013–2022 (USD Billion)
Table 71 Microgrid Market in Europe, By Country, 2013–2022 (USD Billion)
Table 72 Microgrid Market in APAC, By Vertical, 2013–2022 (USD Billion)
Table 73 Microgrid Market in APAC, By Industrial, 2013–2022 (USD Billion)
Table 74 Microgrid Market in APAC, By Electric Utility, 2013–2022 (USD Billion)
Table 75 Microgrid Market in APAC, By Country, 2013–2022 (USD Billion)
Table 76 Microgrid Market in RoW, By Vertical, 2013–2022 (USD Billion)
Table 77 Microgrid Market in RoW, By Industrial, 2013–2022 (USD Billion)
Table 78 Microgrid Market in RoW, By Electric Utility, 2013–2022 (USD Billion)
Table 79 Microgrid Market in RoW, By Region, 2013–2022 (USD Billion)
Table 80 Market Ranking of the Top 5 Players in the Microgrid Market, 2015
Table 81 Partnerships/Agreements/Joint Ventures/Collaborations, 2014–2016
Table 82 New Product Launches, 2015–2016
Table 83 Expansions, 2014–2016
Table 84 Mergers and Acquisitions, 2015–2016

List of Figures

Figure 1 Microgrid Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Major Players Comprising Each Stage of Value Chain
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Microgrid Market for Rural Electrification Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 7 Microgrid Market for Healthcare Vertical Expected to Grow at the Highest Rate During the Forecast Period
Figure 8 Microgrid Market for PV Cells Expected to Grow at the Highest Rate During the Forecast Period
Figure 9 Microgrid Market for Energy Storage System & Power Generator Expected to Grow at the Highest Rate During the Forecast Period
Figure 10 Microgrid Market in APAC Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 11 Significant Increase in the Number of Microgrid Installations Expected to Drive the Market During the Forecast Period
Figure 12 Microgrid Market for Software Expected to Grow at the Highest Rate During the Forecast Period
Figure 13 Microgrid Market in India Expected to Grow at the Highest Rate During the Forecast Period
Figure 14 Electric Utility Held the Largest Share of the Microgrid Market in APAC in 2016
Figure 15 Market for Remote/Island Microgrid Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 16 Microgrid Market Segmentation, By Region
Figure 17 Increase in Demand for Economic and Cheap Energy Storage Options Expected to Drive the Microgrid Market
Figure 18 ABB Project List: Microgrids Installed Between 2000 and 2016
Figure 19 Decline in Levelized Cost of Electricity (LCOE) for Wind and Solar PV During 2009–2014
Figure 20 Rise in Deployment of Microgrids Over Time, 2012 to 2017
Figure 21 Major Value Added During the Component Providers and System Integrators Phases
Figure 22 Porter’s Five Forces Analysis
Figure 23 Microgrid Market: Porter’s Five Forces Analysis
Figure 24 Intensity of Competitive Rivalry in the Microgrid Market
Figure 25 Threat of Substitutes in the Microgrid Market
Figure 26 Bargaining Power of Buyers in the Microgrid Market
Figure 27 Bargaining Power of Suppliers in the Microgrid Market
Figure 28 Threat of New Entrants in the Microgrid Market
Figure 29 Microgrid Market Segmentation, By Offering
Figure 30 Microgrid Market Segmentation, By Hardware
Figure 31 Microgrid Market for Remote/Island Grid Expected to Grow at the Highest Rate During the Forecast Period
Figure 32 Microgrid Market for Remote/Island Grid Expected to Grow at the Highest Rate During the Forecast Period
Figure 33 Microgrid Market for Remote/Island Grid Expected to Grow at the Highest Rate During the Forecast Period
Figure 34 Microgrid Market Segmentation, By Service
Figure 35 Microgrid Market Segmentation, By Connectivity
Figure 36 Microgrid Market for Rural Electrification Expected to Grow at the Highest Rate During the Forecast Period
Figure 37 Microgrid Market for Steel Industry Expected to Grow at the Highest Rate During the Forecast Period
Figure 38 Microgrid Market Segmentation, By Grid Type
Figure 39 Microgrid Market Segmentation, By Vertical
Figure 40 Microgrid Market Segmentation, By Industrial Segment
Figure 41 Microgrid Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 42 Microgrid Market Segmentation, By Electric Utility
Figure 43 Market for Remote/Island Microgrid Expected to Grow at the Highest Rate During the Forecast Period
Figure 44 Microgrid Market Segmentation, By Geography
Figure 45 Microgrid Market in APAC Expected to Grow at the Highest Rate During the Forecast Period
Figure 46 Microgrid Market in India, Brazil, and Australia Expected to Grow at High Rate Between 2016 and 2022
Figure 47 Microgrid Market in Americas
Figure 48 Microgrid Market in Europe
Figure 49 Snapshot of the Microgrid Market in Europe
Figure 50 Microgrid Market in APAC
Figure 51 Snapshot of the Microgrid Market in APAC
Figure 52 Microgrid Market in RoW
Figure 53 Key Growth Strategies Adopted By Top Companies, 2013–2016
Figure 54 Market Evaluation Framework: Partnerships/Agreements/Joint Ventures /Collaborations Fueled Growth and Innovation Between 2014 and 2016
Figure 55 Battle for Market Share: Partnerships/Agreements/Joint Ventures/Collaborations Were the Key Strategies Adopted By the Players
Figure 56 Geographic Revenue Mix of Top Market Players
Figure 57 ABB Ltd.: Company Snapshot
Figure 58 ABB Ltd.: SWOT Analysis
Figure 59 General Electric: Company Snapshot
Figure 60 General Electric: SWOT Analysis
Figure 61 Eaton Corporation PLC: Company Snapshot
Figure 62 Eaton Corporation PLC: SWOT Analysis
Figure 63 Siemens AG: Company Snapshot
Figure 64 Siemens AG: SWOT Analysis
Figure 65 Exelon Corporation: SWOT Analysis
Figure 66 Schneider Electric: Company Snapshot
Figure 67 Caterpillar Inc.: Company Snapshot

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