Global Microgrid Energy Storage Market Research Report 2023

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Microgrid Energy Storage Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Battery Energy Storage
1.2.3 Mechanical Energy Storage
1.2.4 Others
1.3 Market by Application
1.3.1 Global Microgrid Energy Storage Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Industrial
1.3.3 Commercial
1.3.4 Residential
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Energy Storage Market Perspective (2018-2029)
2.2 Microgrid Energy Storage Growth Trends by Region
2.2.1 Global Microgrid Energy Storage Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Microgrid Energy Storage Historic Market Size by Region (2018-2023)
2.2.3 Microgrid Energy Storage Forecasted Market Size by Region (2024-2029)
2.3 Microgrid Energy Storage Market Dynamics
2.3.1 Microgrid Energy Storage Industry Trends
2.3.2 Microgrid Energy Storage Market Drivers
2.3.3 Microgrid Energy Storage Market Challenges
2.3.4 Microgrid Energy Storage Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Microgrid Energy Storage Players by Revenue
3.1.1 Global Top Microgrid Energy Storage Players by Revenue (2018-2023)
3.1.2 Global Microgrid Energy Storage Revenue Market Share by Players (2018-2023)
3.2 Global Microgrid Energy Storage Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Microgrid Energy Storage Revenue
3.4 Global Microgrid Energy Storage Market Concentration Ratio
3.4.1 Global Microgrid Energy Storage Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Microgrid Energy Storage Revenue in 2022
3.5 Microgrid Energy Storage Key Players Head office and Area Served
3.6 Key Players Microgrid Energy Storage Product Solution and Service
3.7 Date of Enter into Microgrid Energy Storage Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Microgrid Energy Storage Breakdown Data by Type
4.1 Global Microgrid Energy Storage Historic Market Size by Type (2018-2023)
4.2 Global Microgrid Energy Storage Forecasted Market Size by Type (2024-2029)
5 Microgrid Energy Storage Breakdown Data by Application
5.1 Global Microgrid Energy Storage Historic Market Size by Application (2018-2023)
5.2 Global Microgrid Energy Storage Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Microgrid Energy Storage Market Size (2018-2029)
6.2 North America Microgrid Energy Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Microgrid Energy Storage Market Size by Country (2018-2023)
6.4 North America Microgrid Energy Storage Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Microgrid Energy Storage Market Size (2018-2029)
7.2 Europe Microgrid Energy Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Microgrid Energy Storage Market Size by Country (2018-2023)
7.4 Europe Microgrid Energy Storage Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Microgrid Energy Storage Market Size (2018-2029)
8.2 Asia-Pacific Microgrid Energy Storage Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Microgrid Energy Storage Market Size by Region (2018-2023)
8.4 Asia-Pacific Microgrid Energy Storage Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Microgrid Energy Storage Market Size (2018-2029)
9.2 Latin America Microgrid Energy Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Microgrid Energy Storage Market Size by Country (2018-2023)
9.4 Latin America Microgrid Energy Storage Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Microgrid Energy Storage Market Size (2018-2029)
10.2 Middle East & Africa Microgrid Energy Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Microgrid Energy Storage Market Size by Country (2018-2023)
10.4 Middle East & Africa Microgrid Energy Storage Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Eaton
11.1.1 Eaton Company Detail
11.1.2 Eaton Business Overview
11.1.3 Eaton Microgrid Energy Storage Introduction
11.1.4 Eaton Revenue in Microgrid Energy Storage Business (2018-2023)
11.1.5 Eaton Recent Development
11.2 ABB
11.2.1 ABB Company Detail
11.2.2 ABB Business Overview
11.2.3 ABB Microgrid Energy Storage Introduction
11.2.4 ABB Revenue in Microgrid Energy Storage Business (2018-2023)
11.2.5 ABB Recent Development
11.3 TECO Corporation
11.3.1 TECO Corporation Company Detail
11.3.2 TECO Corporation Business Overview
11.3.3 TECO Corporation Microgrid Energy Storage Introduction
11.3.4 TECO Corporation Revenue in Microgrid Energy Storage Business (2018-2023)
11.3.5 TECO Corporation Recent Development
11.4 Trina Solar
11.4.1 Trina Solar Company Detail
11.4.2 Trina Solar Business Overview
11.4.3 Trina Solar Microgrid Energy Storage Introduction
11.4.4 Trina Solar Revenue in Microgrid Energy Storage Business (2018-2023)
11.4.5 Trina Solar Recent Development
11.5 Paineng Technology
11.5.1 Paineng Technology Company Detail
11.5.2 Paineng Technology Business Overview
11.5.3 Paineng Technology Microgrid Energy Storage Introduction
11.5.4 Paineng Technology Revenue in Microgrid Energy Storage Business (2018-2023)
11.5.5 Paineng Technology Recent Development
11.6 S&C Electric Company
11.6.1 S&C Electric Company Company Detail
11.6.2 S&C Electric Company Business Overview
11.6.3 S&C Electric Company Microgrid Energy Storage Introduction
11.6.4 S&C Electric Company Revenue in Microgrid Energy Storage Business (2018-2023)
11.6.5 S&C Electric Company Recent Development
11.7 Shanghai Infraswin Energy
11.7.1 Shanghai Infraswin Energy Company Detail
11.7.2 Shanghai Infraswin Energy Business Overview
11.7.3 Shanghai Infraswin Energy Microgrid Energy Storage Introduction
11.7.4 Shanghai Infraswin Energy Revenue in Microgrid Energy Storage Business (2018-2023)
11.7.5 Shanghai Infraswin Energy Recent Development
11.8 Namkoo
11.8.1 Namkoo Company Detail
11.8.2 Namkoo Business Overview
11.8.3 Namkoo Microgrid Energy Storage Introduction
11.8.4 Namkoo Revenue in Microgrid Energy Storage Business (2018-2023)
11.8.5 Namkoo Recent Development
11.9 mtu Solutions
11.9.1 mtu Solutions Company Detail
11.9.2 mtu Solutions Business Overview
11.9.3 mtu Solutions Microgrid Energy Storage Introduction
11.9.4 mtu Solutions Revenue in Microgrid Energy Storage Business (2018-2023)
11.9.5 mtu Solutions Recent Development
11.10 Shenzhen Chaosiwei Electronics
11.10.1 Shenzhen Chaosiwei Electronics Company Detail
11.10.2 Shenzhen Chaosiwei Electronics Business Overview
11.10.3 Shenzhen Chaosiwei Electronics Microgrid Energy Storage Introduction
11.10.4 Shenzhen Chaosiwei Electronics Revenue in Microgrid Energy Storage Business (2018-2023)
11.10.5 Shenzhen Chaosiwei Electronics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

List of Tables
Table 1. Global Microgrid Energy Storage Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029
Table 2. Key Players of Battery Energy Storage
Table 3. Key Players of Mechanical Energy Storage
Table 4. Key Players of Others
Table 5. Global Microgrid Energy Storage Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029
Table 6. Global Microgrid Energy Storage Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
Table 7. Global Microgrid Energy Storage Market Size by Region (2018-2023) & (US$ Million)
Table 8. Global Microgrid Energy Storage Market Share by Region (2018-2023)
Table 9. Global Microgrid Energy Storage Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 10. Global Microgrid Energy Storage Market Share by Region (2024-2029)
Table 11. Microgrid Energy Storage Market Trends
Table 12. Microgrid Energy Storage Market Drivers
Table 13. Microgrid Energy Storage Market Challenges
Table 14. Microgrid Energy Storage Market Restraints
Table 15. Global Microgrid Energy Storage Revenue by Players (2018-2023) & (US$ Million)
Table 16. Global Microgrid Energy Storage Market Share by Players (2018-2023)
Table 17. Global Top Microgrid Energy Storage Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid Energy Storage as of 2022)
Table 18. Ranking of Global Top Microgrid Energy Storage Companies by Revenue (US$ Million) in 2022
Table 19. Global 5 Largest Players Market Share by Microgrid Energy Storage Revenue (CR5 and HHI) & (2018-2023)
Table 20. Key Players Headquarters and Area Served
Table 21. Key Players Microgrid Energy Storage Product Solution and Service
Table 22. Date of Enter into Microgrid Energy Storage Market
Table 23. Mergers & Acquisitions, Expansion Plans
Table 24. Global Microgrid Energy Storage Market Size by Type (2018-2023) & (US$ Million)
Table 25. Global Microgrid Energy Storage Revenue Market Share by Type (2018-2023)
Table 26. Global Microgrid Energy Storage Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 27. Global Microgrid Energy Storage Revenue Market Share by Type (2024-2029)
Table 28. Global Microgrid Energy Storage Market Size by Application (2018-2023) & (US$ Million)
Table 29. Global Microgrid Energy Storage Revenue Market Share by Application (2018-2023)
Table 30. Global Microgrid Energy Storage Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 31. Global Microgrid Energy Storage Revenue Market Share by Application (2024-2029)
Table 32. North America Microgrid Energy Storage Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 33. North America Microgrid Energy Storage Market Size by Country (2018-2023) & (US$ Million)
Table 34. North America Microgrid Energy Storage Market Size by Country (2024-2029) & (US$ Million)
Table 35. Europe Microgrid Energy Storage Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 36. Europe Microgrid Energy Storage Market Size by Country (2018-2023) & (US$ Million)
Table 37. Europe Microgrid Energy Storage Market Size by Country (2024-2029) & (US$ Million)
Table 38. Asia-Pacific Microgrid Energy Storage Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029
Table 39. Asia-Pacific Microgrid Energy Storage Market Size by Region (2018-2023) & (US$ Million)
Table 40. Asia-Pacific Microgrid Energy Storage Market Size by Region (2024-2029) & (US$ Million)
Table 41. Latin America Microgrid Energy Storage Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 42. Latin America Microgrid Energy Storage Market Size by Country (2018-2023) & (US$ Million)
Table 43. Latin America Microgrid Energy Storage Market Size by Country (2024-2029) & (US$ Million)
Table 44. Middle East & Africa Microgrid Energy Storage Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 45. Middle East & Africa Microgrid Energy Storage Market Size by Country (2018-2023) & (US$ Million)
Table 46. Middle East & Africa Microgrid Energy Storage Market Size by Country (2024-2029) & (US$ Million)
Table 47. Eaton Company Detail
Table 48. Eaton Business Overview
Table 49. Eaton Microgrid Energy Storage Product
Table 50. Eaton Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 51. Eaton Recent Development
Table 52. ABB Company Detail
Table 53. ABB Business Overview
Table 54. ABB Microgrid Energy Storage Product
Table 55. ABB Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 56. ABB Recent Development
Table 57. TECO Corporation Company Detail
Table 58. TECO Corporation Business Overview
Table 59. TECO Corporation Microgrid Energy Storage Product
Table 60. TECO Corporation Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 61. TECO Corporation Recent Development
Table 62. Trina Solar Company Detail
Table 63. Trina Solar Business Overview
Table 64. Trina Solar Microgrid Energy Storage Product
Table 65. Trina Solar Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 66. Trina Solar Recent Development
Table 67. Paineng Technology Company Detail
Table 68. Paineng Technology Business Overview
Table 69. Paineng Technology Microgrid Energy Storage Product
Table 70. Paineng Technology Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 71. Paineng Technology Recent Development
Table 72. S&C Electric Company Company Detail
Table 73. S&C Electric Company Business Overview
Table 74. S&C Electric Company Microgrid Energy Storage Product
Table 75. S&C Electric Company Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 76. S&C Electric Company Recent Development
Table 77. Shanghai Infraswin Energy Company Detail
Table 78. Shanghai Infraswin Energy Business Overview
Table 79. Shanghai Infraswin Energy Microgrid Energy Storage Product
Table 80. Shanghai Infraswin Energy Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 81. Shanghai Infraswin Energy Recent Development
Table 82. Namkoo Company Detail
Table 83. Namkoo Business Overview
Table 84. Namkoo Microgrid Energy Storage Product
Table 85. Namkoo Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 86. Namkoo Recent Development
Table 87. mtu Solutions Company Detail
Table 88. mtu Solutions Business Overview
Table 89. mtu Solutions Microgrid Energy Storage Product
Table 90. mtu Solutions Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 91. mtu Solutions Recent Development
Table 92. Shenzhen Chaosiwei Electronics Company Detail
Table 93. Shenzhen Chaosiwei Electronics Business Overview
Table 94. Shenzhen Chaosiwei Electronics Microgrid Energy Storage Product
Table 95. Shenzhen Chaosiwei Electronics Revenue in Microgrid Energy Storage Business (2018-2023) & (US$ Million)
Table 96. Shenzhen Chaosiwei Electronics Recent Development
Table 97. Research Programs/Design for This Report
Table 98. Key Data Information from Secondary Sources
Table 99. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Microgrid Energy Storage Market Size Comparison by Type (2023-2029) & (US$ Million)
Figure 2. Global Microgrid Energy Storage Market Share by Type: 2022 VS 2029
Figure 3. Battery Energy Storage Features
Figure 4. Mechanical Energy Storage Features
Figure 5. Others Features
Figure 6. Global Microgrid Energy Storage Market Size Comparison by Application (2023-2029) & (US$ Million)
Figure 7. Global Microgrid Energy Storage Market Share by Application: 2022 VS 2029
Figure 8. Industrial Case Studies
Figure 9. Commercial Case Studies
Figure 10. Residential Case Studies
Figure 11. Microgrid Energy Storage Report Years Considered
Figure 12. Global Microgrid Energy Storage Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 13. Global Microgrid Energy Storage Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 14. Global Microgrid Energy Storage Market Share by Region: 2022 VS 2029
Figure 15. Global Microgrid Energy Storage Market Share by Players in 2022
Figure 16. Global Top Microgrid Energy Storage Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid Energy Storage as of 2022)
Figure 17. The Top 10 and 5 Players Market Share by Microgrid Energy Storage Revenue in 2022
Figure 18. North America Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 19. North America Microgrid Energy Storage Market Share by Country (2018-2029)
Figure 20. United States Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 21. Canada Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 22. Europe Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 23. Europe Microgrid Energy Storage Market Share by Country (2018-2029)
Figure 24. Germany Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 25. France Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 26. U.K. Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 27. Italy Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 28. Russia Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. Nordic Countries Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 30. Asia-Pacific Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 31. Asia-Pacific Microgrid Energy Storage Market Share by Region (2018-2029)
Figure 32. China Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. Japan Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 34. South Korea Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 35. Southeast Asia Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 36. India Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 37. Australia Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 38. Latin America Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 39. Latin America Microgrid Energy Storage Market Share by Country (2018-2029)
Figure 40. Mexico Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 41. Brazil Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 42. Middle East & Africa Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 43. Middle East & Africa Microgrid Energy Storage Market Share by Country (2018-2029)
Figure 44. Turkey Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. Saudi Arabia Microgrid Energy Storage Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 46. Eaton Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 47. ABB Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 48. TECO Corporation Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 49. Trina Solar Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 50. Paineng Technology Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 51. S&C Electric Company Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 52. Shanghai Infraswin Energy Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 53. Namkoo Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 54. mtu Solutions Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 55. Shenzhen Chaosiwei Electronics Revenue Growth Rate in Microgrid Energy Storage Business (2018-2023)
Figure 56. Bottom-up and Top-down Approaches for This Report
Figure 57. Data Triangulation
Figure 58. Key Executives Interviewed

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