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Commercial & Industrial DC Microgrid Market Share

Report ID: GMI11410
Published Date: Sep 2024
Report Format: PDF

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Commercial & Industrial DC Microgrid Market Share

Commercial & Industrial DC Microgrid Company Market Share

Eminent players are forming alliances with technology providers, renewable energy companies, and grid operators to leverage expertise and resources, speeding up the development and deployment of DC microgrid systems. Key players are expanding their footprint in regions such as Asia Pacific, the U.S., and Europe, where product demand is rising due to industrial growth and government policies. Companies are establishing local offices or partnering with regional firms to navigate regulatory environments and meet local market needs, enhancing their global presence and customer base.

Commercial & Industrial DC Microgrid Market Companies

Eminent players operating in the Commercial & Industrial DC Microgrid industry are:

ABB
AEG International
ARDA Power
Deutsche Messe AG
Eaton
EnSync Energy Systems
Nextek Power Systems
Sumitomo Electric Industries, Ltd.
SolarWorX
Victron Energy

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

Commercial & industrial DC microgrid industry size was valued USD 724 million in 2023 and will expand at 22.8% CAGR between 2024 and 2032, owing to increasing demand for energy efficiency and reliability and advances in renewable energy technologies and energy storage solutions.

The lithium-ion segment will reach USD 3.19 billion by 2032, fueled by its high energy density, long cycle life, and superior performance characteristics.

Asia Pacific commercial & industrial DC microgrid industry will garner USD 3.35 billion by 2032 due to rapid industrialization and urbanization across the region.

Key players operating in the commercial & industrial DC microgrid industry are ABB, AEG International, ARDA Power, Deutsche Messe AG, Eaton, EnSync Energy Systems, Nextek Power Systems, Sumitomo Electric Industries, Ltd., SolarWorX, and Victron Energy, among others.