Dublin, Oct. 05, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/9nxwnr/global_remote) has announced the addition of the "Global Remote Microgrid Market 2015-2019" report to their offering.
The report, Global Remote Microgrid Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the market and its growth prospects in the coming years. The report also includes the segmentation of the global remote microgrid market on the basis of applications: (Industrial remote mine systems, grid island system, remote military microgrids, and village electrification) and geography (the Americas, APAC, and EMEA). The report also includes a discussion on the key vendors operating in this market.
Key market vendors such as ABB, Siemens, and GE Electric have also increased their investments in R&D for the development of sophisticated remote microgrids. They are associating with suppliers and value-added resellers. The growing focus on R&D and establishing partnership networks is helping vendors to generate energy in an economical way. We expect the financial support for remote microgrids by the US, the US Agency for International Development, and entities such as the Clinton Climate Initiative and the Bill Gates Foundation to provide the necessary market boost.
According to the report, governments worldwide are supporting remote microgrid installations through incentives. They are providing incentives to promote the use of renewable power generation and electric vehicles, which has increased the demand for microgrids. Moreover, governments have started investing in advanced energy infrastructure projects to develop remote microgrids that can sustain the increased demand for power supply by end-users.
Further, the report states that the high implementation cost of remote microgrids hinders market growth, especially in APAC, as it is not affordable for SMEs.
Key vendors
- ABB
- GE Digital energy
- S&C Electric
- Siemens
- Toshiba
Other prominent vendors
- Chevron Energy
- Microgrid Solar
- General Microgrids
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
For more information visit http://www.researchandmarkets.com/research/9nxwnr/global_remote