The Europe microgrid market is set to record $11026.01 million in revenue by 2030, projecting an estimated 10.65% CAGR during the forecast period, 2022-2030.

EUROPE MICROGRID MARKET FORECAST 2022-2030

Europe Microgrid Market by Type (Grid Connected, Off-grid) Market by Offering (Hardware, Software, Services) Market by Consumption Pattern (Semi-urban, Urban/Metropolitan, Rural/Island) Market by End-user (Commercial & Industrial, Healthcare, Education, Military, Government & Utilities, Other End-users) By Geography

Request free sample

The Europe microgrid market is set to record $11026.01 million in revenue by 2030, projecting an estimated 10.65% CAGR during the forecast period, 2022-2030.

The European countries have rapidly switched to using electronic vehicles (EVs), simultaneously increasing the number of EV charging stations across the region that use microgrids. Therefore, the Europe microgrid market is expected to be fuelled by this increase in the number of EVs.

Europe Microgrid Market

To know more about this report, request a free sample copy

Significant factors driving microgrid development in Europe include the necessity to incorporate increasing volumes of clean, renewable energy output into the grid and the impact of climate change. Due to their decentralized architecture, microgrids are less susceptible to attacks on specific key generation or transmission infrastructure and are therefore employed due to the increasing threat of cyberattacks.

The Europe microgrid market growth evaluation includes the analysis of France, United Kingdom, Italy, Germany, Netherlands, Spain, Poland, and Rest of Europe. In United Kingdom, due to two power plant failures in 2019, the country experienced its worst blackout in more than ten years, leaving roughly a million homes without power. As a result, the government and the energy regulator have voiced concerns about the grid’s ability to adjust to shifting energy demands and needs.

Further, organizations can gain from switching to a microgrid by reducing the cost of electricity purchases, delaying on-site network expenses, reducing carbon emissions, boosting resilience, and creating additional revenue streams from assets. To provide the best possible solution, the United Kingdom Power Networks Services is in charge of every aspect of microgrids, including project conception, financing, engineering, construction, asset management, operations, and maintenance.

In 2021, a portfolio of renewable energy projects, including solar-powered community microgrids, was financed by the Bristol Energy Cooperative, a community-owned energy cooperative in the United Kingdom. The community microgrid project will include Bristol, England’s Water Lilies housing estate. According to Bristol Energy Cooperative, this is the first community-owned, net zero carbon domestic dwelling microgrid in the United Kingdom.

The Europe microgrid market segmentation includes a study by type, end-user, offering, and consumption pattern. Market by type covers grid-connected and off-grid.

Grid connected microgrids are independent networks with many characteristics of a traditional electricity grid, such as users, generators, and storage, but on a much smaller size. They are not dependent on the main grid, even if they can link to it, and they can use the main grid as a backup. Moreover, grid-connected microgrids are also anticipated to grow primarily in developed countries, where the focus is likely to be on microgrids that can link to the main grid but provide communities with more independence.

Off-grid microgrids are another name for remote, island, and village microgrids. Due to a lack of available and reasonably priced transmission or distribution (T&D) equipment nearby, they operate perpetually in island mode and are physically cut off from the utility grid. In addition, several remote microgrids are considering battery energy storage alternatives to traditional backup generators. Due to the reduced cost of power generation compared to centralized power grids, off-grid microgrids are anticipated to become increasingly important and significantly benefit the worldwide microgrid market.

Some of the leading companies in the Europe microgrid market include Schneider Electric SE, Siemens AG, etc.

Siemens AG is a global technology company focusing on electrification, automation, and digitalization. It specializes in smart mobility solutions for rail & road, and medical technology, digital healthcare services, etc. The company has a global footprint across Asia, the Americas, and the EMEA. Founded in 1847, the company is headquartered in Munich, Germany.

Microgrid Software as a Service (MSaaS) from Siemens AG is a remotely-hosted microgrid control solution. MSaaS is designed for campuses, institutions, infrastructures, and utilities that want advanced control, optimization, and distributed energy monitoring at an affordable cost, without the hassle of maintaining on-site IT infrastructure.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed End-User, Type, Consumption Pattern, and Offering
Countries Analyzed United Kingdom, Germany, France, Italy, Spain, Netherlands, Poland, and Rest of Europe
Companies Analyzed

Bloom Energy, Cummins Inc, Duke Energy Corporation, Eaton Corporation Plc, Exelon Corporation, General Electric Company, Hitachi Ltd, National Grid Plc, Power Engineers Incorporated, S&C Electric, Siemens AG, Fuelcell Energy Inc, Schneider Electric SE, Fairbanks Morse, NRG Energy Inc

To request a free sample copy of this report, please complete the form below:

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • INCREASING CONSUMPTION OF ELECTRICITY
        • RISE IN CLEAN ENERGY INTEGRATION
        • MITIGATION OF SEVERE WEATHER USING MICROGRIDS
      • KEY RESTRAINTS
        • EXPENSIVE MAINTENANCE & INSTALLATION OF MICROGRIDS
        • REGULATORY FRAMEWORK HURDLES FOR MICROGRIDS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON MICROGRID MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
      • KEY BUYING CRITERIA
        • COST EFFICIENCY
        • PRODUCT FEATURES
        • END-USE
      • REGULATORY FRAMEWORK
    2. MARKET BY TYPE
      • GRID CONNECTED
      • OFF-GRID
    3. MARKET BY OFFERING
      • HARDWARE
        • POWER GENERATORS
        • CONTROLLERS
        • ENERGY STORAGE
      • SOFTWARE
      • SERVICES
    4. MARKET BY CONSUMPTION PATTERN
      • SEMI-URBAN
      • URBAN/METROPOLITAN
      • RURAL/ISLAND
    5. MARKET BY END-USER
      • COMMERCIAL & INDUSTRIAL
      • HEALTHCARE
      • EDUCATION
      • MILITARY
      • GOVERNMENT & UTILITIES
      • OTHER END-USERS
    6. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • SPAIN
          • NETHERLANDS
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • BLOOM ENERGY
        • CUMMINS INC
        • DUKE ENERGY CORPORATION
        • EATON CORPORATION PLC
        • EXELON CORPORATION
        • FAIRBANKS MORSE
        • FUELCELL ENERGY INC
        • GENERAL ELECTRIC COMPANY
        • HITACHI LTD
        • NATIONAL GRID PLC
        • NRG ENERGY INC
        • POWER ENGINEERS INCORPORATED
        • S&C ELECTRIC
        • SCHNEIDER ELECTRIC SE
        • SIEMENS AG

    LIST OF TABLES

    TABLE 1: EUROPE MARKET SNAPSHOT – MICROGRID

    TABLE 2: REGULATORY FRAMEWORK

    TABLE 3: EUROPE MICROGRID MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 4: EUROPE MICROGRID MARKET, BY TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 5: EUROPE MICROGRID MARKET, BY OFFERING, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 6: EUROPE MICROGRID MARKET, BY OFFERING, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 7: EUROPE MICROGRID MARKET, BY HARDWARE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 8: EUROPE MICROGRID MARKET, BY HARDWARE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 9: EUROPE MICROGRID MARKET, BY CONSUMPTION PATTERN, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 10: EUROPE MICROGRID MARKET, BY CONSUMPTION PATTERN, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 11: EUROPE MICROGRID MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 12: EUROPE MICROGRID MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 13: EUROPE MICROGRID MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 14: EUROPE MICROGRID MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 15: LEADING PLAYERS OPERATING IN EUROPE MICROGRID MARKET

    TABLE 16: LIST OF MERGERS & ACQUISITIONS

    TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 19: LIST OF BUSINESS EXPANSIONS & DIVESTITURES          

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: RENEWABLE ELECTRICITY GENERATION, BY SOURCE, 2018-2020

    FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 4: OPPORTUNITY MATRIX

    FIGURE 5: VENDOR LANDSCAPE

    FIGURE 6: VALUE CHAIN ANALYSIS

    FIGURE 7: KEY BUYING CRITERIA

    FIGURE 8: EUROPE MICROGRID MARKET, GROWTH POTENTIAL, BY TYPE, IN 2021

    FIGURE 9: EUROPE MICROGRID MARKET, BY GRID CONNECTED, 2022-2030 (IN $ MILLION)

    FIGURE 10: EUROPE MICROGRID MARKET, BY OFF-GRID, 2022-2030 (IN $ MILLION)

    FIGURE 11: EUROPE MICROGRID MARKET, GROWTH POTENTIAL, BY OFFERING, IN 2021

    FIGURE 12: EUROPE MICROGRID MARKET, BY HARDWARE, 2022-2030 (IN $ MILLION)

    FIGURE 13: EUROPE MICROGRID MARKET, GROWTH POTENTIAL, BY HARDWARE, IN 2021

    FIGURE 14: EUROPE MICROGRID MARKET, BY POWER GENERATORS, 2022-2030 (IN $ MILLION)

    FIGURE 15: EUROPE MICROGRID MARKET, BY CONTROLLERS, 2022-2030 (IN $ MILLION)

    FIGURE 16: EUROPE MICROGRID MARKET, BY ENERGY STORAGE, 2022-2030 (IN $ MILLION)

    FIGURE 17: EUROPE MICROGRID MARKET, BY SOFTWARE, 2022-2030 (IN $ MILLION)

    FIGURE 18: EUROPE MICROGRID MARKET, BY SERVICES, 2022-2030 (IN $ MILLION)

    FIGURE 19: EUROPE MICROGRID MARKET, GROWTH POTENTIAL, BY CONSUMPTION PATTERN, IN 2021

    FIGURE 20: EUROPE MICROGRID MARKET, BY SEMI-URBAN, 2022-2030 (IN $ MILLION)

    FIGURE 21: EUROPE MICROGRID MARKET, BY URBAN/METROPOLITAN, 2022-2030 (IN $ MILLION)

    FIGURE 22: EUROPE MICROGRID MARKET, BY RURAL/ISLAND, 2022-2030 (IN $ MILLION)

    FIGURE 23: EUROPE MICROGRID MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 24: EUROPE MICROGRID MARKET, BY COMMERCIAL & INDUSTRIAL, 2022-2030 (IN $ MILLION)

    FIGURE 25: EUROPE MICROGRID MARKET, BY HEALTHCARE, 2022-2030 (IN $ MILLION)

    FIGURE 26: EUROPE MICROGRID MARKET, BY EDUCATION, 2022-2030 (IN $ MILLION)

    FIGURE 27: EUROPE MICROGRID MARKET, BY MILITARY, 2022-2030 (IN $ MILLION)

    FIGURE 28: EUROPE MICROGRID MARKET, BY GOVERNMENT & UTILITIES, 2022-2030 (IN $ MILLION)

    FIGURE 29: EUROPE MICROGRID MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

    FIGURE 30: EUROPE MICROGRID MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 31: UNITED KINGDOM MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 32: GERMANY MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 33: FRANCE MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 34: ITALY MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 35: SPAIN MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 36: NETHERLANDS MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 37: POLAND MICROGRID MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 38: REST OF EUROPE MICROGRID MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • SPAIN
          • NETHERLANDS
          • POLAND
          • REST OF EUROPE
    1. MARKET BY TYPE
      • GRID CONNECTED
      • OFF-GRID
    2. MARKET BY OFFERING
      • HARDWARE
        • POWER GENERATORS
        • CONTROLLERS
        • ENERGY STORAGE
      • SOFTWARE
      • SERVICES
    3. MARKET BY CONSUMPTION PATTERN
      • SEMI-URBAN
      • URBAN/METROPOLITAN
      • RURAL/ISLAND
    4. MARKET BY END-USER
      • COMMERCIAL & INDUSTRIAL
      • HEALTHCARE
      • EDUCATION
      • MILITARY
      • GOVERNMENT & UTILITIES
      • OTHER END-USERS

    To request a free sample copy of this report, please complete the form below :

    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

      Choose License Type