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Global Microgrid Power Conversion System Market Research Report 2024
Synopsis
Energy storage converter electrochemical energy storage system, connected between the battery system and the grid (and/or load) to achieve bi-directional conversion of electrical energy, can control the charging and discharging process of the battery, AC and DC conversion, in the absence of the grid can be directly for AC load power supply.
The global Microgrid Power Conversion System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 116%.
This report aims to provide a comprehensive presentation of the global market for Microgrid Power Conversion System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microgrid Power Conversion System.
Report Scope
The Microgrid Power Conversion System market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microgrid Power Conversion System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microgrid Power Conversion System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Acrel
Nidec
NR
Parker
HNAC
Shenzhen Shenghong Electric
Guangyi Technology
Kehua Data
Sunshine Power
Beijing Soying Electric Technology
Shangneng Electric
Nanjing Nanrui Relay Electric
Segment by Type
AC Energy Storage Converter
DC Energy Storage Converter
Segment by Application
Campus and Public Institutions
Industrial and Commercial Areas
Military & Silos
Community
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Microgrid Power Conversion System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Microgrid Power Conversion System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Microgrid Power Conversion System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Energy storage converter electrochemical energy storage system, connected between the battery system and the grid (and/or load) to achieve bi-directional conversion of electrical energy, can control the charging and discharging process of the battery, AC and DC conversion, in the absence of the grid can be directly for AC load power supply.
The global Microgrid Power Conversion System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 116%.
This report aims to provide a comprehensive presentation of the global market for Microgrid Power Conversion System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microgrid Power Conversion System.
Report Scope
The Microgrid Power Conversion System market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Microgrid Power Conversion System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Microgrid Power Conversion System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Acrel
Nidec
NR
Parker
HNAC
Shenzhen Shenghong Electric
Guangyi Technology
Kehua Data
Sunshine Power
Beijing Soying Electric Technology
Shangneng Electric
Nanjing Nanrui Relay Electric
Segment by Type
AC Energy Storage Converter
DC Energy Storage Converter
Segment by Application
Campus and Public Institutions
Industrial and Commercial Areas
Military & Silos
Community
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Microgrid Power Conversion System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Microgrid Power Conversion System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Microgrid Power Conversion System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Microgrid Power Conversion System Market Overview
1.1 Product Definition
1.2 Microgrid Power Conversion System Segment by Type
1.2.1 Global Microgrid Power Conversion System Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 AC Energy Storage Converter
1.2.3 DC Energy Storage Converter
1.3 Microgrid Power Conversion System Segment by Application
1.3.1 Global Microgrid Power Conversion System Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Campus and Public Institutions
1.3.3 Industrial and Commercial Areas
1.3.4 Military & Silos
1.3.5 Community
1.4 Global Market Growth Prospects
1.4.1 Global Microgrid Power Conversion System Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Microgrid Power Conversion System Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Microgrid Power Conversion System Production Estimates and Forecasts (2019-2030)
1.4.4 Global Microgrid Power Conversion System Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Microgrid Power Conversion System Production Market Share by Manufacturers (2019-2024)
2.2 Global Microgrid Power Conversion System Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Microgrid Power Conversion System, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Microgrid Power Conversion System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Microgrid Power Conversion System Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Microgrid Power Conversion System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Microgrid Power Conversion System, Product Offered and Application
2.8 Global Key Manufacturers of Microgrid Power Conversion System, Date of Enter into This Industry
2.9 Microgrid Power Conversion System Market Competitive Situation and Trends
2.9.1 Microgrid Power Conversion System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Microgrid Power Conversion System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Microgrid Power Conversion System Production by Region
3.1 Global Microgrid Power Conversion System Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Microgrid Power Conversion System Production Value by Region (2019-2030)
3.2.1 Global Microgrid Power Conversion System Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Microgrid Power Conversion System by Region (2025-2030)
3.3 Global Microgrid Power Conversion System Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Microgrid Power Conversion System Production by Region (2019-2030)
3.4.1 Global Microgrid Power Conversion System Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Microgrid Power Conversion System by Region (2025-2030)
3.5 Global Microgrid Power Conversion System Market Price Analysis by Region (2019-2024)
3.6 Global Microgrid Power Conversion System Production and Value, Year-over-Year Growth
3.6.1 North America Microgrid Power Conversion System Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Microgrid Power Conversion System Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Microgrid Power Conversion System Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Microgrid Power Conversion System Production Value Estimates and Forecasts (2019-2030)
4 Microgrid Power Conversion System Consumption by Region
4.1 Global Microgrid Power Conversion System Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Microgrid Power Conversion System Consumption by Region (2019-2030)
4.2.1 Global Microgrid Power Conversion System Consumption by Region (2019-2024)
4.2.2 Global Microgrid Power Conversion System Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Microgrid Power Conversion System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Microgrid Power Conversion System Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Microgrid Power Conversion System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Microgrid Power Conversion System Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Microgrid Power Conversion System Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Microgrid Power Conversion System Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Microgrid Power Conversion System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Microgrid Power Conversion System Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Microgrid Power Conversion System Production by Type (2019-2030)
5.1.1 Global Microgrid Power Conversion System Production by Type (2019-2024)
5.1.2 Global Microgrid Power Conversion System Production by Type (2025-2030)
5.1.3 Global Microgrid Power Conversion System Production Market Share by Type (2019-2030)
5.2 Global Microgrid Power Conversion System Production Value by Type (2019-2030)
5.2.1 Global Microgrid Power Conversion System Production Value by Type (2019-2024)
5.2.2 Global Microgrid Power Conversion System Production Value by Type (2025-2030)
5.2.3 Global Microgrid Power Conversion System Production Value Market Share by Type (2019-2030)
5.3 Global Microgrid Power Conversion System Price by Type (2019-2030)
6 Segment by Application
6.1 Global Microgrid Power Conversion System Production by Application (2019-2030)
6.1.1 Global Microgrid Power Conversion System Production by Application (2019-2024)
6.1.2 Global Microgrid Power Conversion System Production by Application (2025-2030)
6.1.3 Global Microgrid Power Conversion System Production Market Share by Application (2019-2030)
6.2 Global Microgrid Power Conversion System Production Value by Application (2019-2030)
6.2.1 Global Microgrid Power Conversion System Production Value by Application (2019-2024)
6.2.2 Global Microgrid Power Conversion System Production Value by Application (2025-2030)
6.2.3 Global Microgrid Power Conversion System Production Value Market Share by Application (2019-2030)
6.3 Global Microgrid Power Conversion System Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Acrel
7.1.1 Acrel Microgrid Power Conversion System Corporation Information
7.1.2 Acrel Microgrid Power Conversion System Product Portfolio
7.1.3 Acrel Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Acrel Main Business and Markets Served
7.1.5 Acrel Recent Developments/Updates
7.2 Nidec
7.2.1 Nidec Microgrid Power Conversion System Corporation Information
7.2.2 Nidec Microgrid Power Conversion System Product Portfolio
7.2.3 Nidec Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nidec Main Business and Markets Served
7.2.5 Nidec Recent Developments/Updates
7.3 NR
7.3.1 NR Microgrid Power Conversion System Corporation Information
7.3.2 NR Microgrid Power Conversion System Product Portfolio
7.3.3 NR Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NR Main Business and Markets Served
7.3.5 NR Recent Developments/Updates
7.4 Parker
7.4.1 Parker Microgrid Power Conversion System Corporation Information
7.4.2 Parker Microgrid Power Conversion System Product Portfolio
7.4.3 Parker Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Parker Main Business and Markets Served
7.4.5 Parker Recent Developments/Updates
7.5 HNAC
7.5.1 HNAC Microgrid Power Conversion System Corporation Information
7.5.2 HNAC Microgrid Power Conversion System Product Portfolio
7.5.3 HNAC Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.5.4 HNAC Main Business and Markets Served
7.5.5 HNAC Recent Developments/Updates
7.6 Shenzhen Shenghong Electric
7.6.1 Shenzhen Shenghong Electric Microgrid Power Conversion System Corporation Information
7.6.2 Shenzhen Shenghong Electric Microgrid Power Conversion System Product Portfolio
7.6.3 Shenzhen Shenghong Electric Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shenzhen Shenghong Electric Main Business and Markets Served
7.6.5 Shenzhen Shenghong Electric Recent Developments/Updates
7.7 Guangyi Technology
7.7.1 Guangyi Technology Microgrid Power Conversion System Corporation Information
7.7.2 Guangyi Technology Microgrid Power Conversion System Product Portfolio
7.7.3 Guangyi Technology Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Guangyi Technology Main Business and Markets Served
7.7.5 Guangyi Technology Recent Developments/Updates
7.8 Kehua Data
7.8.1 Kehua Data Microgrid Power Conversion System Corporation Information
7.8.2 Kehua Data Microgrid Power Conversion System Product Portfolio
7.8.3 Kehua Data Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kehua Data Main Business and Markets Served
7.7.5 Kehua Data Recent Developments/Updates
7.9 Sunshine Power
7.9.1 Sunshine Power Microgrid Power Conversion System Corporation Information
7.9.2 Sunshine Power Microgrid Power Conversion System Product Portfolio
7.9.3 Sunshine Power Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sunshine Power Main Business and Markets Served
7.9.5 Sunshine Power Recent Developments/Updates
7.10 Beijing Soying Electric Technology
7.10.1 Beijing Soying Electric Technology Microgrid Power Conversion System Corporation Information
7.10.2 Beijing Soying Electric Technology Microgrid Power Conversion System Product Portfolio
7.10.3 Beijing Soying Electric Technology Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Beijing Soying Electric Technology Main Business and Markets Served
7.10.5 Beijing Soying Electric Technology Recent Developments/Updates
7.11 Shangneng Electric
7.11.1 Shangneng Electric Microgrid Power Conversion System Corporation Information
7.11.2 Shangneng Electric Microgrid Power Conversion System Product Portfolio
7.11.3 Shangneng Electric Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shangneng Electric Main Business and Markets Served
7.11.5 Shangneng Electric Recent Developments/Updates
7.12 Nanjing Nanrui Relay Electric
7.12.1 Nanjing Nanrui Relay Electric Microgrid Power Conversion System Corporation Information
7.12.2 Nanjing Nanrui Relay Electric Microgrid Power Conversion System Product Portfolio
7.12.3 Nanjing Nanrui Relay Electric Microgrid Power Conversion System Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Nanjing Nanrui Relay Electric Main Business and Markets Served
7.12.5 Nanjing Nanrui Relay Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Microgrid Power Conversion System Industry Chain Analysis
8.2 Microgrid Power Conversion System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Microgrid Power Conversion System Production Mode & Process
8.4 Microgrid Power Conversion System Sales and Marketing
8.4.1 Microgrid Power Conversion System Sales Channels
8.4.2 Microgrid Power Conversion System Distributors
8.5 Microgrid Power Conversion System Customers
9 Microgrid Power Conversion System Market Dynamics
9.1 Microgrid Power Conversion System Industry Trends
9.2 Microgrid Power Conversion System Market Drivers
9.3 Microgrid Power Conversion System Market Challenges
9.4 Microgrid Power Conversion System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of TablesList of Tables
Table 1. Global Microgrid Power Conversion System Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Microgrid Power Conversion System Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Microgrid Power Conversion System Production Capacity (Units) by Manufacturers in 2023
Table 4. Global Microgrid Power Conversion System Production by Manufacturers (2019-2024) & (Units)
Table 5. Global Microgrid Power Conversion System Production Market Share by Manufacturers (2019-2024)
Table 6. Global Microgrid Power Conversion System Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Microgrid Power Conversion System Production Value Share by Manufacturers (2019-2024)
Table 8. Global Microgrid Power Conversion System Industry Ranking 2022 VS 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Microgrid Power Conversion System as of 2023)
Table 10. Global Market Microgrid Power Conversion System Average Price by Manufacturers (US$/Unit) & (2019-2024)
Table 11. Manufacturers Microgrid Power Conversion System Production Sites and Area Served
Table 12. Manufacturers Microgrid Power Conversion System Product Types
Table 13. Global Microgrid Power Conversion System Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Microgrid Power Conversion System Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 16. Global Microgrid Power Conversion System Production Value (US$ Million) by Region (2019-2024)
Table 17. Global Microgrid Power Conversion System Production Value Market Share by Region (2019-2024)
Table 18. Global Microgrid Power Conversion System Production Value (US$ Million) Forecast by Region (2025-2030)
Table 19. Global Microgrid Power Conversion System Production Value Market Share Forecast by Region (2025-2030)
Table 20. Global Microgrid Power Conversion System Production Comparison by Region: 2019 VS 2023 VS 2030 (Units)
Table 21. Global Microgrid Power Conversion System Production (Units) by Region (2019-2024)
Table 22. Global Microgrid Power Conversion System Production Market Share by Region (2019-2024)
Table 23. Global Microgrid Power Conversion System Production (Units) Forecast by Region (2025-2030)
Table 24. Global Microgrid Power Conversion System Production Market Share Forecast by Region (2025-2030)
Table 25. Global Microgrid Power Conversion System Market Average Price (US$/Unit) by Region (2019-2024)
Table 26. Global Microgrid Power Conversion System Market Average Price (US$/Unit) by Region (2025-2030)
Table 27. Global Microgrid Power Conversion System Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Units)
Table 28. Global Microgrid Power Conversion System Consumption by Region (2019-2024) & (Units)
Table 29. Global Microgrid Power Conversion System Consumption Market Share by Region (2019-2024)
Table 30. Global Microgrid Power Conversion System Forecasted Consumption by Region (2025-2030) & (Units)
Table 31. Global Microgrid Power Conversion System Forecasted Consumption Market Share by Region (2019-2024)
Table 32. North America Microgrid Power Conversion System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Units)
Table 33. North America Microgrid Power Conversion System Consumption by Country (2019-2024) & (Units)
Table 34. North America Microgrid Power Conversion System Consumption by Country (2025-2030) & (Units)
Table 35. Europe Microgrid Power Conversion System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Units)
Table 36. Europe Microgrid Power Conversion System Consumption by Country (2019-2024) & (Units)
Table 37. Europe Microgrid Power Conversion System Consumption by Country (2025-2030) & (Units)
Table 38. Asia Pacific Microgrid Power Conversion System Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Units)
Table 39. Asia Pacific Microgrid Power Conversion System Consumption by Region (2019-2024) & (Units)
Table 40. Asia Pacific Microgrid Power Conversion System Consumption by Region (2025-2030) & (Units)
Table 41. Latin America, Middle East & Africa Microgrid Power Conversion System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Units)
Table 42. Latin America, Middle East & Africa Microgrid Power Conversion System Consumption by Country (2019-2024) & (Units)
Table 43. Latin America, Middle East & Africa Microgrid Power Conversion System Consumption by Country (2025-2030) & (Units)
Table 44. Global Microgrid Power Conversion System Production (Units) by Type (2019-2024)
Table 45. Global Microgrid Power Conversion System Production (Units) by Type (2025-2030)
Table 46. Global Microgrid Power Conversion System Production Market Share by Type (2019-2024)
Table 47. Global Microgrid Power Conversion System Production Market Share by Type (2025-2030)
Table 48. Global Microgrid Power Conversion System Production Value (US$ Million) by Type (2019-2024)
Table 49. Global Microgrid Power Conversion System Production Value (US$ Million) by Type (2025-2030)
Table 50. Global Microgrid Power Conversion System Production Value Share by Type (2019-2024)
Table 51. Global Microgrid Power Conversion System Production Value Share by Type (2025-2030)
Table 52. Global Microgrid Power Conversion System Price (US$/Unit) by Type (2019-2024)
Table 53. Global Microgrid Power Conversion System Price (US$/Unit) by Type (2025-2030)
Table 54. Global Microgrid Power Conversion System Production (Units) by Application (2019-2024)
Table 55. Global Microgrid Power Conversion System Production (Units) by Application (2025-2030)
Table 56. Global Microgrid Power Conversion System Production Market Share by Application (2019-2024)
Table 57. Global Microgrid Power Conversion System Production Market Share by Application (2025-2030)
Table 58. Global Microgrid Power Conversion System Production Value (US$ Million) by Application (2019-2024)
Table 59. Global Microgrid Power Conversion System Production Value (US$ Million) by Application (2025-2030)
Table 60. Global Microgrid Power Conversion System Production Value Share by Application (2019-2024)
Table 61. Global Microgrid Power Conversion System Production Value Share by Application (2025-2030)
Table 62. Global Microgrid Power Conversion System Price (US$/Unit) by Application (2019-2024)
Table 63. Global Microgrid Power Conversion System Price (US$/Unit) by Application (2025-2030)
Table 64. Acrel Microgrid Power Conversion System Corporation Information
Table 65. Acrel Specification and Application
Table 66. Acrel Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 67. Acrel Main Business and Markets Served
Table 68. Acrel Recent Developments/Updates
Table 69. Nidec Microgrid Power Conversion System Corporation Information
Table 70. Nidec Specification and Application
Table 71. Nidec Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 72. Nidec Main Business and Markets Served
Table 73. Nidec Recent Developments/Updates
Table 74. NR Microgrid Power Conversion System Corporation Information
Table 75. NR Specification and Application
Table 76. NR Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 77. NR Main Business and Markets Served
Table 78. NR Recent Developments/Updates
Table 79. Parker Microgrid Power Conversion System Corporation Information
Table 80. Parker Specification and Application
Table 81. Parker Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 82. Parker Main Business and Markets Served
Table 83. Parker Recent Developments/Updates
Table 84. HNAC Microgrid Power Conversion System Corporation Information
Table 85. HNAC Specification and Application
Table 86. HNAC Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 87. HNAC Main Business and Markets Served
Table 88. HNAC Recent Developments/Updates
Table 89. Shenzhen Shenghong Electric Microgrid Power Conversion System Corporation Information
Table 90. Shenzhen Shenghong Electric Specification and Application
Table 91. Shenzhen Shenghong Electric Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 92. Shenzhen Shenghong Electric Main Business and Markets Served
Table 93. Shenzhen Shenghong Electric Recent Developments/Updates
Table 94. Guangyi Technology Microgrid Power Conversion System Corporation Information
Table 95. Guangyi Technology Specification and Application
Table 96. Guangyi Technology Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 97. Guangyi Technology Main Business and Markets Served
Table 98. Guangyi Technology Recent Developments/Updates
Table 99. Kehua Data Microgrid Power Conversion System Corporation Information
Table 100. Kehua Data Specification and Application
Table 101. Kehua Data Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 102. Kehua Data Main Business and Markets Served
Table 103. Kehua Data Recent Developments/Updates
Table 104. Sunshine Power Microgrid Power Conversion System Corporation Information
Table 105. Sunshine Power Specification and Application
Table 106. Sunshine Power Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 107. Sunshine Power Main Business and Markets Served
Table 108. Sunshine Power Recent Developments/Updates
Table 109. Beijing Soying Electric Technology Microgrid Power Conversion System Corporation Information
Table 110. Beijing Soying Electric Technology Specification and Application
Table 111. Beijing Soying Electric Technology Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 112. Beijing Soying Electric Technology Main Business and Markets Served
Table 113. Beijing Soying Electric Technology Recent Developments/Updates
Table 114. Shangneng Electric Microgrid Power Conversion System Corporation Information
Table 115. Shangneng Electric Specification and Application
Table 116. Shangneng Electric Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 117. Shangneng Electric Main Business and Markets Served
Table 118. Shangneng Electric Recent Developments/Updates
Table 119. Nanjing Nanrui Relay Electric Microgrid Power Conversion System Corporation Information
Table 120. Nanjing Nanrui Relay Electric Specification and Application
Table 121. Nanjing Nanrui Relay Electric Microgrid Power Conversion System Production (Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 122. Nanjing Nanrui Relay Electric Main Business and Markets Served
Table 123. Nanjing Nanrui Relay Electric Recent Developments/Updates
Table 124. Key Raw Materials Lists
Table 125. Raw Materials Key Suppliers Lists
Table 126. Microgrid Power Conversion System Distributors List
Table 127. Microgrid Power Conversion System Customers List
Table 128. Microgrid Power Conversion System Market Trends
Table 129. Microgrid Power Conversion System Market Drivers
Table 130. Microgrid Power Conversion System Market Challenges
Table 131. Microgrid Power Conversion System Market Restraints
Table 132. Research Programs/Design for This Report
Table 133. Key Data Information from Secondary Sources
Table 134. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Microgrid Power Conversion System
Figure 2. Global Microgrid Power Conversion System Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Microgrid Power Conversion System Market Share by Type: 2023 VS 2030
Figure 4. AC Energy Storage Converter Product Picture
Figure 5. DC Energy Storage Converter Product Picture
Figure 6. Global Microgrid Power Conversion System Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 7. Global Microgrid Power Conversion System Market Share by Application: 2023 VS 2030
Figure 8. Campus and Public Institutions
Figure 9. Industrial and Commercial Areas
Figure 10. Military & Silos
Figure 11. Community
Figure 12. Global Microgrid Power Conversion System Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 13. Global Microgrid Power Conversion System Production Value (US$ Million) & (2019-2030)
Figure 14. Global Microgrid Power Conversion System Production (Units) & (2019-2030)
Figure 15. Global Microgrid Power Conversion System Average Price (US$/Unit) & (2019-2030)
Figure 16. Microgrid Power Conversion System Report Years Considered
Figure 17. Microgrid Power Conversion System Production Share by Manufacturers in 2023
Figure 18. Microgrid Power Conversion System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 19. The Global 5 and 10 Largest Players: Market Share by Microgrid Power Conversion System Revenue in 2023
Figure 20. Global Microgrid Power Conversion System Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 21. Global Microgrid Power Conversion System Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 22. Global Microgrid Power Conversion System Production Comparison by Region: 2019 VS 2023 VS 2030 (Units)
Figure 23. Global Microgrid Power Conversion System Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 24. North America Microgrid Power Conversion System Production Value (US$ Million) Growth Rate (2019-2030)
Figure 25. Europe Microgrid Power Conversion System Production Value (US$ Million) Growth Rate (2019-2030)
Figure 26. China Microgrid Power Conversion System Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. Japan Microgrid Power Conversion System Production Value (US$ Million) Growth Rate (2019-2030)
Figure 28. Global Microgrid Power Conversion System Consumption by Region: 2019 VS 2023 VS 2030 (Units)
Figure 29. Global Microgrid Power Conversion System Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 30. North America Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 31. North America Microgrid Power Conversion System Consumption Market Share by Country (2019-2030)
Figure 32. Canada Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 33. U.S. Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 34. Europe Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 35. Europe Microgrid Power Conversion System Consumption Market Share by Country (2019-2030)
Figure 36. Germany Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 37. France Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 38. U.K. Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 39. Italy Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 40. Russia Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 41. Asia Pacific Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 42. Asia Pacific Microgrid Power Conversion System Consumption Market Share by Regions (2019-2030)
Figure 43. China Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 44. Japan Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 45. South Korea Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 46. China Taiwan Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 47. Southeast Asia Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 48. India Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 49. Latin America, Middle East & Africa Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 50. Latin America, Middle East & Africa Microgrid Power Conversion System Consumption Market Share by Country (2019-2030)
Figure 51. Mexico Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 52. Brazil Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 53. Turkey Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 54. GCC Countries Microgrid Power Conversion System Consumption and Growth Rate (2019-2024) & (Units)
Figure 55. Global Production Market Share of Microgrid Power Conversion System by Type (2019-2030)
Figure 56. Global Production Value Market Share of Microgrid Power Conversion System by Type (2019-2030)
Figure 57. Global Microgrid Power Conversion System Price (US$/Unit) by Type (2019-2030)
Figure 58. Global Production Market Share of Microgrid Power Conversion System by Application (2019-2030)
Figure 59. Global Production Value Market Share of Microgrid Power Conversion System by Application (2019-2030)
Figure 60. Global Microgrid Power Conversion System Price (US$/Unit) by Application (2019-2030)
Figure 61. Microgrid Power Conversion System Value Chain
Figure 62. Microgrid Power Conversion System Production Process
Figure 63. Channels of Distribution (Direct Vs Distribution)
Figure 64. Distributors Profiles
Figure 65. Bottom-up and Top-down Approaches for This Report
Figure 66. Data Triangulation
Published By : QY Research
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