Africa Mini Grid Market

Mini grids are a set of electricity generators and power storage systems that are interconnected to a distribution network and supplies power to the localized group of customers. It involves the generation of electricity at a small-scale (10 KW to 10 MW). The mini grid have the capacity to serve a limited number of customers through a distribution grid which is enabled to operate in isolation from national electricity transmission networks. Mini Grids offers numerous advantages such as it has the ability to operate autonomously without being connected to a centralized grid. These systems are designed to get powered by renewable sources, distributed generators, and batteries.

To have an edge over the competition by knowing the market dynamics and current trends of “Africa Mini Grid Market”, request for Sample Report here

The major factor driving the growth of the Africa mini grid market is the increasing demand for uninterrupted, reliable, and secure power supply. Several initiatives are being taken by governments to provide electricity to rural areas, which in turn, is increasing the adoption of mini grids for rural electrification. The Nigerian Electrification Agency supported the partnership of Abadan Electricity Distribution Company, Rocky Mountain Institute, and Nayo Tropical Technology to provide Nigeria’s first rural commercial mini grid solution. The three organizations collaborated to increase the pace of commercial deployment of mini grid technology in Nigeria. These initiatives play a significant role in propelling the growth of the mini grid market in Africa.

Electricity is one of the highest contributor to the GDP of a country, which is why developing economies are inclining towards cost-effective solutions to provide uninterrupted electricity. There have been rising concerns related to clean, reliable, and secure energy. This factor is increasing the implementation of mini grids to generate power from renewable source. There has also been some private funding for the implementation of mini grids, which is further driving the growth of the Africa mini grid market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on the connectivity, the market is segmented into grid-connected and off-grid/island/remote. The grid-connected segment is anticipated to witness a faster CAGR over the forecast period. The essential components, such as multiple generators, distribution system, and sophisticated controls, are included by grid-connected mini grids. These mini grids have a connection with the main grid, which makes it highly reliable as compared to off-grid connected mini grids. These features are bolstering the growth of the grid-connected segment in the Africa mini grids market.

Based on end-use, the market is segmented into commercial & industrial, remote, institutes & campuses, government, utilities, military, and healthcare. The remote segment is expected to grow at a higher CAGR over the forecast period. This is primarily due to the growing adoption of mini grids in remote areas to provide cost-effective and clean energy in these areas. The demand for 100% electrification is increasing, which in turn, is further boosting the growth of the remote segment in Africa mini grids market.

Based on grid type, the market is segmented into AC mini grid, DC mini grid, and hybrid mini grid. The hybrid mini grid segment is projected to grow at a higher CAGR during the forecast period. The increasing demand for hybrid mini grids is attributed to its ability to produce reliable power. The hybrid mini grid has lower cost as compared to the transmission. These factors are responsible for the growth of the hybrid mini grid segment in the Africa mini grid market.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Based on the countries, the Africa mini grid market is segmented into Algeria, Nigeria, Kenya, South Africa, Egypt, and the rest of Africa. Kenya is expected to grow at a higher CAGR over the forecast period. This is due to the large number of mini grid projects currently running in this country. The Energy and Environment partnership (EEP Africa) is a multi-donor early stage grant for providing funds and catalytic financing to several innovative clean energy projects, business models, and technologies. These initiatives and funding are increasing the growth of the mini grids market in Kenya.

The Africa mini grid market has been segmented on the basis of connectivity, grid type, demography, deployment mode, end-use, and countries. Based on connectivity, the market is segmented into off-grid connected and grid connected. Based on grid type, the market is segmented into AC mini grids, DC mini grids, and hybrid mini grids. Based on demography, the market is segmented into urban/metropolitan, semi-urban, rural/island. Based on deployment mode, the market is segmented into hardware, software, and services. The hardware deployment mode is further segmented into power generators, energy storage systems, and controllers. Based on end-use, the market is segmented into commercial & industrial, remote, government, utilities, institutes & campuses, military, and healthcare. Based on countries, the market is segmented into Nigeria, Algeria, Kenya, South Africa, Egypt, and the rest of Africa.

For detailed scope of the “Mini Grid Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is Africa mini grid market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Africa mini grid market? What will be the impact of drivers and restraints in the future?
  • Which grid type generated maximum revenues in 2019 and identify the most promising grid type during the forecast period?
  • What are the various end-use areas of Africa mini grid market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation:

Africa Mini Grid Market by Connectivity

• • Grid-Connected
  • Off-Grid/Island/Remote

Africa Mini Grid Market by Grid Type

• • AC Mini Grid
  • DC Mini Grid
  • Hybrid Mini Grid

Africa Mini Grid Market by Demography

• • Urban
  • Semi-Urban
  • Remote

Africa Mini Grid Market by Deployment Mode

• • Hardware
    • Power Generators
    • Energy Storage & Distributors
    • Controllers
  • Software
  • Services

Africa Mini Grid Market by End-Use

• • Commercial & Industrial
  • Remote
  • Government
  • Utilities
  • Institutes & Campuses
  • Military
  • Healthcare

    Africa Mini Grid Market by Countries

• • Nigeria Mini Grid Market All-Up (Option 1: Free 25% Customization)
  • Algeria Mini Grid Market All-Up (Option 2: Free 25% Customization)
  • Kenya Mini Grid Market All-Up (Option 3: Free 25% Customization)
  • South Africa Mini Grid Market All-Up (Option 4: Free 25% Customization)
  • Egypt Mini Grid Market All-Up (Option 5: Free 25% Customization)
  • Rest of Africa Mini Grid Market All-Up (Option 6: Free 25% Customization)