Microgrid Energy Management Systems, China Market Size Forecast, Top 15 Players Rank and Market Shar (Internet Services - Other Internet Services)

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Microgrid Energy Management Systems, China Market Size Forecast, Top 15 Players Rank and Market Shar


A microgrid is a controllable energy supply system composed of distributed power sources, energy storage, related protection equipment, and loads. It can operate in parallel with the external power grid or independently. It is a powerful supplement to the power grid, a bridge between distributed energy and the power grid, and can smoothly connect to the power grid and operate independently and autonomously. It is an effective way to maximize the efficiency of distributed power sources.

According to the new market research report “China Microgrid Energy Management Systems Market Report 2023-2029”, published by QYResearch, the China Microgrid Energy Management Systems market size is projected to reach USD 43403 million by 2029, at a CAGR of 16.8% during the forecast period.

The China key manufacturers of Microgrid Energy Management Systems include SIEMENS, Eaton, Sprixin, Jiangsu Acrel Electrical Manufacturing Co., Ltd., Chengrui Power Technology (Shanghai) Company, East Group Co., Ltd., ETAP, Guodian Nanjing Automation Co., Ltd., Dlsoft Co., Ltd., Yantai Development Zone Delian Software Co., Ltd., etc. In 2022, the China top 10 players had a share approximately 39.0% in terms of revenue.

Market Drivers:
1.The promotion of energy conservation and emission reduction policies: Governments of various countries have introduced a series of energy policies, including reducing dependence on fossil fuels, promoting the development of clean energy, etc. These policies have provided tremendous impetus for the market of distributed energy and microgrid energy management systems.
2.The improvement of energy security: With the increasing demand for energy and the increasingly prominent energy security issues, the market demand for distributed energy and microgrid energy management systems has also increased.
3.The development of new technologies: New technological innovations such as smart grid technology, big data technology, cloud computing, etc. provide technical support for the development of distributed energy and microgrid energy management systems, and provide new impetus for market development.
4.Cost reduction: With the continuous progress of technology and the continuous development of industries, the cost of distributed energy and microgrid energy management systems is gradually decreasing, which enables more enterprises and individuals to afford this technology and service, driving further market development.
5.The changing demands of energy consumers: With the changing demands and consumption patterns of energy, people's demands for energy efficiency, environmental friendliness, safety, and other aspects are becoming increasingly high. This provides market demand for the development of distributed energy and microgrid energy management systems.


For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : 02 April 2024 7:34 AM
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