UAE Microgrid Market

A microgrid refers to small-scale power production, which consists of distributed generation facilities that are co-located with their respective loads. A microgrid has the ability to connect and disconnect from the grid, thereby enabling it to work in off-grid and grid-connected mode. The microgrids are mainly for optimal utilization of renewable energy resources such as energy generation resources and storage systems. It also acts as a backup for grids in emergency cases. They are controlled through a microgrid controller and are usually located at or near to the consumption sites.

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The significant factors propelling the growth of the UAE Microgrid Market include the increasing requirement for uninterrupted power supply and the growing industrialization across the UAE. The increasing demand for clean energy, and the growing instances of cyberattacks on the energy infrastructures, will boost the demand for microgrids over the coming years. The growing industrialization and rising population in the UAE will increase the demand for energy storage systems, thus propelling the growth of the market in the region.

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Based on the Type, the grid-connected segment is expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of grid-connected microgrid, especially in the renewable energy projects such as the UAE’s Hassayan power plant and the UAE’s Layyah Power Plant Expansion. The grid-connected microgrid offers flexibility and enhances the power supply.

Based on Offering, the hardware segment is anticipated to lead the market during the forecast period due to the increasing usage of microgrids in the renewable sources of energy such as PV cells, wind turbines, and hydro turbines for energy generation. Microgrids are widely used in various sectors such as energy & utility and power & gas to increase the resilience of electricity supply, reduce carbon emission, and lower the future energy costs.

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Various notable players operating in the UAE Microgrid market include ABB UAE, General Electric UAE, Schneider Electric UAE, Siemens LLC, Eaton UAE, Honeywell UAE, S&C Electric Company UAE, Caterpillar Inc., among others.

The UAE Microgrid market has been segmented based on connectivity, type, pattern, offering, and end use. Based on connectivity, the market is segmented into Grid Connected and Remote/Island/Off-Grid. Based on type, the market is segmented into AC Microgrids, DC Microgrids, and Hybrid. Based on the pattern, the market is segmented into Urban/ Metropolitan, Semiurban, and Rural/Island. Based on offering, the market is segmented into hardware, software, and services. Based on the hardware, the market is further segmented into Power Generators, Energy Storage Systems, and Controllers. Based on services, the market is further segmented into Engineering and Design, Monitoring and Control, and Operations and Maintenance. Based on end use, the market is segmented into Commercial & Industrial, Remote, Institutes & Campuses¸ Government, Utilities, Military, and Healthcare.

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Key questions answered in this research report:

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

Market Segmentation

UAE Microgrid Market by Connectivity

• • Grid Connected
  • Off-Grid Connected

UAE Microgrid Market by Type

• • AC Microgrids
  • DC Microgrids
  • Hybrid

UAE Microgrid Market by Pattern

• • Urban/ Metropolitan
  • Semiurban
  • Rural/Island

UAE Microgrid by Offering

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

UAE Microgrid Market by End Use

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

UAE Microgrid Market Leading players (Option 1: As a part of free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • ABB UAE
  • General Electric UAE
  • Schneider Electric UAE
  • Siemens LLC
  • Eaton UAE
  • Honeywell UAE
  • S&C Electric Company UAE
  • Caterpillar Inc.