Latin America Microgrid Market (2019-2025) | Share, Analysis, Companies, Outlook, Forecast, Revenue, Trends, Value, Size, Growth & Industry

Rising demand for the reliable power supply and increase in number of electrification projects have fueled the growth of Latin America Microgrid Market. Additionally, rapid industrial developments have boosted the energy sectors, which in turn has led to an increase in demand for microgrid in the region. Rising government and private sector investment in the region would lead to high growth of microgrid market in the region. For instance, Puerto Rico Electric Power Authority has passed a budget of $14 billion for the development of 8 large scale micro grids of around 500MW each to provide uninterrupted power supply to the entire island.

According to 6Wresearch, Latin America Microgrid Market size is expected to witness exponential growth during 2019-2025. Brazil is the leading revenue generating country in Latin America microgrid market on account of growing electrification programs in the country. Further, growing investment by the private sector to set up micro grid network in the country would lead to surge in market revenues over the forecast period. For instance, Siemens Brazil in collaboration with Brazilian utility Centrais Elétricas do Pará (CELPA) would establish, operate 12 networked diesel-fueled microgrids of 80MW capacity in 12 communities across the country to provide electricity in the rural areas.

Based on applications, healthcare facilities hold a prominent share as they require reliable power supply for running high-tech equipment and for maintaining the patient’s comfort. The industrial segment includes mining, chemicals, oil & gas etc. Mining applications do not have access to continuous electricity grid which have led to the demand for off grid systems. 

Latin America Microgrid Market report thoroughly covers the market by its types, applications and countries including Mexico, Brazil, Argentina and Rest of Latin America. Latin America microgrid market outlook report provides an unbiased and detailed analysis of the Latin America microgrid market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Key Highlights of the Report:

• Latin America Microgrid Market Overview
• Latin America Microgrid Market Outlook
• Latin America Microgrid Market Forecast
• Historical Data of Latin America Microgrid Revenues for the Period 2015-2018
• Latin America Microgrid Market Size and Latin America Microgrid Market Forecast of Revenues, Until 2025
• Historical Data of Latin America Microgrid Market Revenues, By Types, for the Period 2015-2018
• Market Size & Forecast of Latin America Microgrid Market Revenues, By Types, until 2025
• Historical Data of Latin America Microgrid Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Latin America Microgrid Market Revenues, By Applications, until 2025
• Historical Data of Brazil Microgrid Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Brazil Microgrid Market Revenues, until 2025
• Historical Data of Mexico Microgrid Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Mexico Microgrid Market Revenues, until 2025
• Historical Data of Argentina Microgrid Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Argentina Microgrid Market Revenues, until 2025
• Historical Data of Rest of Latin America Microgrid Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Rest of Latin America Microgrid Market Revenues, until 2025
• Market Drivers and Restraints
• Latin America Microgrid Market Trends and Industry Life Cycle
• Latin America Microgrid Market Share, By Regions
• Latin America Microgrid Market Share, By Players
• Latin America Microgrid Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Latin America Microgrid Market report provides a detailed analysis of the following market segments:

• By Types:
  • Grid Connected
  • Remote/Island/Off-Grid

• By Applications:
  • Healthcare
  • Military
  • Educational Institutes
  • Industries
  • Government & Utilities
  • Others
• By Countries:
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Other Key Reports Available:

• Mexico Microgrid Market Report
• Brazil Microgrid Market Report
• Argentina Microgrid Market Report

Frequently Asked Questions About the Market Study (FAQs):