Home > Energy & Power > Renewable Energy > Microgrid > North America AC Microgrid Market

North America AC Microgrid Market Share

Report ID: GMI8789
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

North America AC Microgrid Market Share

Eminent players are focusing on innovation and technological advancements to enhance the performance and efficiency of microgrid solutions. Key players are actively investing in research and development to create customized solutions tailored to meet the specific needs of diverse industries and applications. This customer-centric approach allows companies to address unique challenges and provide value-added services to their clients. Additionally, market players are focusing on expanding their geographic footprint by entering new markets within the region will drive the business outlook.
.

North America AC Microgrid Market Companies

Eminent players operating in the North America AC microgrid industry are:

AlphaStruxure
Caterpillar Inc.
Dynapower
Delta Electronics, Inc.
Eaton Corporation
Enphase Energy
Emerson Electric Co.
Enel X
General Electric Company
Ideal Power Inc
Kohler Power
Siemens AG
S&C Electric Company
Schneider Electric SE
Toshiba Corporation
Tata Power

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size for AC microgrid in North America reached USD 2.3 billion in 2023 and is set to witness 10.1% CAGR up to 2032, owing to growing demand for reliable and resilient power supply solutions, primarily in areas prone to grid outages.

The lithium-ion segment in the North America AC microgrid industry is set to grow at over 11.5% CAGR through 2032, on account of high energy density, fast charging capabilities, and long lifecycle.

U.S. market is anticipated to surpass USD 4.5 billion by 2032, due to increasing energy demand, aging infrastructure, and the imperative to mitigate climate change.

AlphaStruxure, Caterpillar Inc., Dynapower, Delta Electronics, Inc., Eaton Corporation, Enphase Energy, Emerson Electric Co., Enel X, General Electric Company, Ideal Power Inc, Kohler Power, Siemens AG, S&C Electric Company, Schneider Electric SE, Toshiba Corporation and Tata Power.