Nanogrid Market by Product Type, Distribution Channel, End User 2024-2032
                     Global Nanogrid 
Market Research and 
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Accord ing  to  the  la tes t  repo r t  by  IMARC Group ,  t i t l ed  "Nanogr id  Market :  
Globa l  Industry  Trends,  Share ,  S ize ,  Growth,  Opportuni ty  and Forecas t  
2024 -2032 ,"  the  g loba l  nanogr id  marke t  s ize  reached  US$  16 .2  B i l l ion  in  2023 .
A  nanog r id  i s  a  loca l ized  and  sma l l - sca le  e lec t r i ca l  d i s t r ibu t ion  sys tem tha t  
Report opera tes  independen t ly  o r  in  con junc t ion  w i th  a  la rger  g r id .  I t  i s  des igned  to  
p rov ide  e lec t r i c i t y  to  i t s  des igna ted  a rea  e f f i c ien t ly  and  re l iab ly ,  even  dur ing  
Highlight and gr id  ou tages .  I t  t yp ica l l y  se rves  a  sma l le r  a rea ,  such  as  a  s ing le  bu i ld ing ,  ne ighborhood ,  o r  
c lus te r  o f  bu i ld ings .  I t  i n teg ra tes  va r ious  d is t r ibu ted  ene rgy  resources  (DERs)  
Description l i ke  so la r  pane ls ,  w ind  tu rb ines ,  ba t te r ies ,  and  o ther  energy  s to rage  
techno log ies .  I t  enhances  energy  e f f i c iency,  re l i ab i l i t y ,  and  res i l ience  and  
p romo tes  sus ta inab le  energy  p rac t i ces .
Request  for  a  PDF sample  o f  th is  repor t :  
h t tps : / /www. imarcgroup .com/nanogr id -marke t / reques tsamp le
Report Description
Global  Nanogrid  Market  Trends:
The increas ing  adopt ion  o f  renewab le  energy  sources  l i ke  so la r  pane ls  and  w ind turb ines in to  the  loca l  energy  
d is t r ibu t ion  sys tem,  wh ich  reduces  the  dependence on foss i l  fue ls ,  represen ts  one  o f  the  ma jor  fac tors  
ca ta lyz ing the  demand fo r  nanogr ids  a round the  wor ld .  Moreover ,  the r i s ing e lec t r i c i t y  consumpt ion  and power  
genera t ion wor ldwide  are  d r iv ing the need fo r  nanogr ids  to  min imize the  ins tances o f  power  fa i lu res .  
In  add i t ion ,  in i t ia t i ves  under taken by govern ing  agenc ies  o f  numerous coun t r ies  for  fac i l i ta t ing  the  supp ly  o f  
e lec t r ic i t y  in  rura l  a reas  and  remote  areas a re  impe l l ing  the market  g rowth .  Apar t  f rom th is ,  the  growing use  
o f  nanogr ids  by  var ious o rgan izat ions to  meet  the i r  susta inab i l i t y  goa ls  and demonst ra te  commitment  to  
env i ronmenta l  respons ib i l i t y  i s  in f luenc ing  the  marke t  pos i t ive ly .
Looking forward ,  the  market  va lue  is  pro jected  to  reach US$ 31 .3  Bi l l ion  by  2032,  expanding at  a  CAGR 
of  7 .4% dur ing  2024-2032.
View Report  TOC,  F igures and Tables :  h t tps: / /www. imarcgroup.com/nanogrid -market
Type Insights:
• DC Nanogrid
• AC Nanogrid
 
Components Insights:
• Control ler
• Gateway
Report • Storage
• Others
Segmentation
Mode of Operation Insights:
• Is land Mode
• Grid Connected Mode
Function Insights:
• Energy Generat ion
• Energy Storage
Energy Source Insights:
• Solar
• Wind
• Others
Application Insights:
• Residential
Report 
• Commercial
Segmentation
Regional Insights:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Eaton Corporation plc
• Emerson Electric Co.
• Sunverge Energy Inc.
Competitive 
Landscape 
with Key 
Players
How has the global nanogrid market performed so 
far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities 
in the global nanogrid market?
Key What are the key regional markets?
Questions 
Which countries represent the most attractive 
Answered in nanogrid markets?
the Report What is the breakup of the market based on the 
product?
What is the breakup of the market based on the 
components?
What is the breakup of the market based on the 
function?
What is the breakup of the market based on the 
sources?
What is the breakup of the market based on the 
application?
Key What is the competitive structure of the global nanogrid market?
Questions 
Who are the key players/companies in the global 
Answered in nanogrid market?
the Report
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  N a n o g r i d  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  T y p e
    6 . 1     D C  N a n o g r i d
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     A C  N a n o g r i d
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7     M a r k e t  B r e a k u p  b y  C o m p o n e n t s
    7 . 1     C o n t r o l l e r
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     G a t e w a y
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     S t o r a g e
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     O t h e r s
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
8     M a r k e t  B r e a k u p  b y  M o d e  o f  O p e r a t i o n
Table of     8 . 1     I s l a n d e d  M o d e        8 . 1 . 1  M a r k e t  T r e n d s
        8 . 1 . 2  M a r k e t  F o r e c a s t
    8 . 2     G r i d  C o n n e c t e d  M o d e
Contents         8 . 2 . 1  M a r k e t  T r e n d s        8 . 2 . 2  M a r k e t  F o r e c a s t
9     M a r k e t  B r e a k u p  b y  F u n c t i o n
    9 . 1     E n e r g y  G e n e r a t i o n
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     E n e r g y  S t o r a g e
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t  
1 0     M a r k e t  B r e a k u p  b y  E n e r g y  S o u r c e
    1 0 . 1     S o l a r
        1 0 . 1 . 1  M a r k e t  T r e n d s
        1 0 . 1 . 2  M a r k e t  F o r e c a s t
    1 0 . 2     W i n d
        1 0 . 2 . 1  M a r k e t  T r e n d s
        1 0 . 2 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. i m a rc g ro u p . c o m / n a n o g r id - m a r ke t / t o c
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