Global Microgrid Market (2025-2031) | Growth, Value, Companies, Strategic Insights, Consumer Insights, Size, Investment Trends, Forecast, Revenue, Share, Segmentation, Competitive, Segments, Strategy, Outlook, Drivers, Industry, Pricing Analysis, Restraints, Trends, Supply, Competition, Demand, Opportunities, Analysis, Challenges
Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Connectivity (Grid-connected, Off-grid), By Offering (Hardware, Software, Services), By Power Source (Natural Gas, Solar PV, Combined Heat and Power, Diesel, Fuel Cell, Others), By Power Rating (Less than 1 MW, 1 MW to 5 MW, 5 MW to 10 MW, More than 10 MW) And Competitive Landscape
| Product Code: ETC13397099 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
Global Microgrid Market Size & Growth Rate
According to 6Wresearch internal database and industry insights, the Global Microgrid Market was valued at USD 28.6 Billion in 2024 and is expected to reach USD 62.1 Billion by 2031, growing at a compound annual growth rate of 12.40% during the forecast period (2025-2031).
Global Microgrid Market Size & Growth Rate
According to 6Wresearch internal database and industry insights, the Global Microgrid Market was accounted at USD 26.9 billion in 2024 and is projected to reach nearly USD 149.7 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 18.5% during the forecast period (2025-2031).
Global Microgrid Market Highlights
| Report Name | Global Microgrid Market |
| Forecast Period | 2025-2031 |
| Market Size | USD 149.7 billion by 2031 |
| CAGR | 18.5% |
| Growing Sector | Energy & Power |
Topics Covered in the Global Microgrid Market Report
Global Microgrid Market report thoroughly covers the market by regions and country, connectivity, offering, power source, and power rating. The market report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
Global Microgrid Market Synopsis
The Global Microgrid Industry is expected to grow significantly in the coming years, due to high demand for reliable and clean energy solutions. The push for renewable energy is backed by government incentives promoting green power solutions. With increasing urbanization and industrialisation need for stable energy in remote areas is also gaining popularity. As nations and Companies invest in sustainable source of energy the demand for microgrid solutions also surges.
Evaluation of Growth Drivers in the Global Microgrid Market
Below are some prominent drivers and their influence on market dynamics:
| Drivers | Primary Segments Affected | Why it matters (evidence) |
| Renewable Energy Integration | Solar PV, Fuel Cells, CHP | Governments are encouraging cleaner energy using small local power systems. |
| Rural Electrification | Off-grid, Solar + Battery Microgrids | These systems bring electricity to places where the main power supply is unreliable. |
| Technological Advancements | Software, Smart Controls | Smart technology helps manage energy use and production more efficiently. |
| Government Incentives & Energy Policies | All Segments | Many countries are offering support and money to set up more of these solutions. |
| Cost Reduction in Components | Hardware (Solar PV, Batteries) | Solar panels and batteries are now cheaper, making it easier to build local energy setups. |
Global Microgrid Market is expected to gain traction, registering a CAGR of 18.5% during 2025-2031. The growth in energy technologies and a global push toward sustainability are boosting the need to deliver reliable, clean and independent energy solution which is cost effective. To witness improvement in energy reliability, investors and governments are recognizing microgrids as a pragmatic solution. Microgrid being a decentralized energy solution work effectively in power outage prone areas as the microgrids can operate independently. While being renewable, eco-efficient and cost-effective, microgrids are actively supporting in bridging that energy access among different regions.
Evaluation of Restraints in the Global Microgrid Market
Below are some major restraints and their influence on market dynamics:
| Restraint | Primary Segments Affected | What This Means (Evidence) |
| High Initial Capital Cost | Hardware, Off-grid Systems | Building these systems can be expensive, especially in developing countries. |
| Regulatory and Interconnection Barriers | Grid-connected Systems | Confusing rules and connection problems slow down projects. |
| Cybersecurity & Data Privacy Concerns | Software, Control Systems | More digital systems mean higher risk of hacking. |
| Skilled Workforce Shortage | All Segments | Not enough trained people to build and manage these systems. |
| Financing Challenges | Off-grid Projects, Remote Locations | Hard to get money for projects in poor or remote areas. |
lobal Microgrid Market Challenges
Despite the strong potential growth of the Global Microgrid Industry, the market encounters several challenges such as high initial costs for installation and equipment. Inconsistent regulations and tedious approval processes make it difficult to incorporate this beneficial technology in society. Additionally, there is a shortage of skilled professionals who have the right knowledge of advanced microgrid technologies, their design, operation, and maintenance.
Global Microgrid Market Trends
Several prominent trends relating to market growth include:
- AI for Smarter Energy Use: AI helps manage and balance energy better, making systems more efficient.
- Power for Remote Areas: Off-grid systems bring reliable electricity to villages and islands.
- Mix of Energy Sources: Using solar, wind, batteries, and diesel together ensures steady power.
- Virtual Power Plants: Many small systems can work together like one big power plant.
- Easy-to-Install Units: Ready-made, portable systems are quick and affordable to set up.
Investment Opportunities in the Global Microgrid Industry
Potential investment opportunities in the Global Microgrid Market include:
- Smart Energy Software: Tools that help monitor and manage energy use from far away are becoming big investment opportunities.
- Mixed Energy Systems: Combining solar, wind, batteries, and diesel or gas is seen as a smart and reliable way to provide power.
- Battery Storage: As solar and wind power can be unpredictable, better batteries (like lithium-ion or flow batteries) are in high demand to store energy for later use.
- Energy as a Service: New business models allow people or businesses to use these systems without buying them upfront—like renting instead of owning.
- Green Hydrogen: Clean fuel made using electricity (called green hydrogen) is gaining attention for storing energy for long periods.
Top 5 Leading Players in the Global Microgrid Market
Some leading players operating in the market include:
1. Schneider Electric
| Field | Details |
|---|---|
| Company Name | Schneider Electric |
| Headquarters | Rueil-Malmaison, France |
| Established Year | 1836 |
| Official Website | Click Here |
Schneider Electric offers smart grid and microgrid solutions with a strong focus on digital energy management, system integration, and automation. The company’s technologies enhance grid reliability and sustainability through intelligent control systems.
2. Siemens AG
| Field | Details |
|---|---|
| Company Name | Siemens AG |
| Headquarters | Munich, Germany |
| Established Year | 1847 |
| Official Website | Click Here |
Siemens AG provides microgrid control systems, hybrid power solutions, and advanced software platforms for managing distributed energy resources. Its global presence makes it a major player in grid modernization projects worldwide.
3. General Electric (GE)
| Field | Details |
|---|---|
| Company Name | General Electric (GE) |
| Headquarters | Boston, USA |
| Established Year | 1892 |
| Official Website | Click Here |
General Electric (GE) focuses on distributed energy resources and hybrid integration through its microgrid systems. The company’s advanced control technologies optimize energy use, improve reliability, and support renewable energy integration.
4. Eaton Corporation
| Field | Details |
|---|---|
| Company Name | Eaton Corporation |
| Headquarters | Dublin, Ireland |
| Established Year | 1911 |
| Official Website | Click Here |
Eaton Corporation provides microgrid energy systems, battery storage integration, and backup power solutions designed for critical facilities and infrastructure. The company emphasizes energy resilience and sustainable power management.
5. ABB Ltd.
| Field | Details |
|---|---|
| Company Name | ABB Ltd. |
| Headquarters | Zürich, Switzerland |
| Established Year | 1988 |
| Official Website | Click Here |
ABB Ltd. specializes in microgrid automation, digital substations, and distributed generation systems. Its innovative solutions improve operational flexibility and efficiency in smart grid networks globally.
Government Regulations Introduced in the Global Microgrid Market
Governments around the world have introduced several rules and regulations to strengthen the microgrid market. Examples include:
- U.S. Federal Energy Regulatory Commission (FERC): Encourages local or small energy systems to participate in large energy markets.
- India’s National Microgrid Program: Plans to install thousands of clean energy and renewable-based microgrids in rural and underserved areas that face poor electricity access.
- European Union’s Clean Energy Package: Supports local energy communities with simplified interconnection rules.
Future Insights of the Global Microgrid Market
The Global Microgrid Market is expected to grow rapidly as the world moves toward cleaner and more reliable energy solutions. With smart technologies such as AI and real-time monitoring systems, microgrids are becoming easier to manage and more adaptable for cities, industries, and remote areas. Their ability to generate low carbon emissions and improve energy equity makes them a strong fit for government policies promoting modern, eco-friendly energy infrastructure.
Market Segmentation Analysis
The report offers a comprehensive study of the following market segments and their leading categories:
Grid-connected Microgrids to Dominate the Market – By Connectivity
According to Priya Arora, Senior Research Analyst, 6Wresearch, grid-connected microgrids are expected to dominate due to their integration with utility grids, reliability, and support for renewable energy sources.
Hardware Segment to Dominate the Market – By Offering
Hardware, including inverters, controllers, and storage, leads the market due to high demand for physical infrastructure in new microgrid installations.
Solar PV to Dominate the Market – By Power Source
Solar PV microgrids are projected to hold the largest share due to declining costs, government incentives, and the global emphasis on clean energy.
1 MW to 5 MW to Dominate the Market – By Power Rating
Microgrids in the 1 MW to 5 MW range are widely adopted for commercial, industrial, and campus-scale applications, balancing cost and capacity effectively.
North America to Dominate the Market – By Region
North America is expected to hold the largest share due to advanced infrastructure, government incentives, and high adoption of renewable-integrated microgrids.
Key Attractiveness of the Report
- 10 Years of Market Numbers
- Historical Data Starting from 2021 to 2024
- Base Year: 2024
- Forecast Data until 2031
- Key Performance Indicators Impacting the Market
- Major Upcoming Developments and Projects
Key Highlights of the Report:
- Global Microgrid Market Outlook
- Market Size of Global Microgrid Market, 2024
- Forecast of Global Microgrid Market, 2031
- Historical Data and Forecast of Global Microgrid Revenues & Volume for the Period 2021 - 2031
- Global Microgrid Market Trend Evolution
- Global Microgrid Market Drivers and Challenges
- Global Microgrid Price Trends
- Global Microgrid Porter's Five Forces
- Global Microgrid Industry Life Cycle
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Global Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of United States of America Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Rest of North America Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Latin America (LATAM) Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Brazil Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Mexico Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Argentina Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Rest of LATAM Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Asia Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of China Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of India Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Japan Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Asia Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Africa Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of South Africa Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Nigeria Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Egypt Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Africa Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Europe Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of United Kingdom Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of France Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Germany Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Europe Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Connectivity for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Grid-connected for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Off-grid for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Offering for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Hardware for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Software for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Services for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Power Source for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Natural Gas for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Solar PV for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Diesel for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Fuel Cell for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Power Rating for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Middle East Microgrid Market Revenues & Volume By More than 10 MW for the Period 2021 - 2031
- Historical Data and Forecast of Saudi Arabia Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of UAE Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Turkey Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Historical Data and Forecast of Rest of Middle East Microgrid Market Revenues & Volume for the Period 2021 - 2031
- Global Microgrid Market - Key Performance Indicators
- Global Microgrid Market - Import Export Trade Statistics
- Global Microgrid Market - Opportunity Assessment By Countries
- Global Microgrid Market - Opportunity Assessment By Connectivity
- Global Microgrid Market - Opportunity Assessment By Offering
- Global Microgrid Market - Opportunity Assessment By Power Source
- Global Microgrid Market - Opportunity Assessment By Power Rating
- Global Microgrid Market - Top Companies Market Share
- Global Microgrid Market - Top Companies Profiles
- Global Microgrid Market - Comparison of Players in Technical and Operating Parameters
- Global Microgrid Market - Strategic Recommendations
Market Scope and Segmentation
By Connectivity
- Grid-connected
- Off grid
By Offering
- Hardware
- Software
- Services
By Power Source
- Natural Gas
- Solar PV
- Combined Heat and Power (CHP)
- Diesel
- Fuel Cell
- Others
By Power Rating
- Less than 1 MW
- 1 MW to 5 MW
- 5 MW to 10 MW
- More than 10 MW
By Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Global Microgrid Market (2025-2031) : FAQ's
The global microgrid market is projected to grow at 18.5 % CAGR during 2025 2031.
Estimated at USD 26.9 billion in 2024, increasing to USD 149.7 billion by 2031.
Grid connected microgrids typically command the larger share, given their ability to interact with the main grid and provide services.
North America currently holds a significant portion of the market, with strong legacy infrastructure, funding incentives, and demand for resilience.
6Wresearch actively monitors the Global Microgrid Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Global Microgrid Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| Global Microgrid Market |
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Global Microgrid Market Overview |
| 3.1 Global Regional Macro Economic Indicators |
| 3.2 Global Microgrid Market Revenues & Volume, 2021 & 2031F |
| 3.3 Global Microgrid Market - Industry Life Cycle |
| 3.4 Global Microgrid Market - Porter's Five Forces |
| 3.5 Global Microgrid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
| 3.6 Global Microgrid Market Revenues & Volume Share, By Connectivity , 2021 & 2031F |
| 3.7 Global Microgrid Market Revenues & Volume Share, By Offering , 2021 & 2031F |
| 3.8 Global Microgrid Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
| 3.9 Global Microgrid Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
| 4 Global Microgrid Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Global Microgrid Market Trends |
| 6 Global Microgrid Market, 2021 - 2031 |
| 6.1 Global Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 6.1.1 Overview & Analysis |
| 6.1.2 Global Microgrid Market, Revenues & Volume, By Grid-connected, 2021 - 2031 |
| 6.1.3 Global Microgrid Market, Revenues & Volume, By Off-grid, 2021 - 2031 |
| 6.2 Global Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 6.2.1 Overview & Analysis |
| 6.2.2 Global Microgrid Market, Revenues & Volume, By Hardware, 2021 - 2031 |
| 6.2.3 Global Microgrid Market, Revenues & Volume, By Software, 2021 - 2031 |
| 6.2.4 Global Microgrid Market, Revenues & Volume, By Services, 2021 - 2031 |
| 6.3 Global Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 6.3.1 Overview & Analysis |
| 6.3.2 Global Microgrid Market, Revenues & Volume, By Natural Gas, 2021 - 2031 |
| 6.3.3 Global Microgrid Market, Revenues & Volume, By Solar PV, 2021 - 2031 |
| 6.3.4 Global Microgrid Market, Revenues & Volume, By Combined Heat and Power, 2021 - 2031 |
| 6.3.5 Global Microgrid Market, Revenues & Volume, By Diesel, 2021 - 2031 |
| 6.3.6 Global Microgrid Market, Revenues & Volume, By Fuel Cell, 2021 - 2031 |
| 6.3.7 Global Microgrid Market, Revenues & Volume, By Others, 2021 - 2031 |
| 6.4 Global Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 6.4.1 Overview & Analysis |
| 6.4.2 Global Microgrid Market, Revenues & Volume, By Less than 1 MW, 2021 - 2031 |
| 6.4.3 Global Microgrid Market, Revenues & Volume, By 1 MW to 5 MW, 2021 - 2031 |
| 6.4.4 Global Microgrid Market, Revenues & Volume, By 5 MW to 10 MW, 2021 - 2031 |
| 6.4.5 Global Microgrid Market, Revenues & Volume, By More than 10 MW, 2021 - 2031 |
| 7 North America Microgrid Market, Overview & Analysis |
| 7.1 North America Microgrid Market Revenues & Volume, 2021 - 2031 |
| 7.2 North America Microgrid Market, Revenues & Volume, By Countries, 2021 - 2031 |
| 7.2.1 United States (US) Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 7.2.2 Canada Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 7.2.3 Rest of North America Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 7.3 North America Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 7.4 North America Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 7.5 North America Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 7.6 North America Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 8 Latin America (LATAM) Microgrid Market, Overview & Analysis |
| 8.1 Latin America (LATAM) Microgrid Market Revenues & Volume, 2021 - 2031 |
| 8.2 Latin America (LATAM) Microgrid Market, Revenues & Volume, By Countries, 2021 - 2031 |
| 8.2.1 Brazil Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 8.2.2 Mexico Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 8.2.3 Argentina Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 8.2.4 Rest of LATAM Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 8.3 Latin America (LATAM) Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 8.4 Latin America (LATAM) Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 8.5 Latin America (LATAM) Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 8.6 Latin America (LATAM) Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 9 Asia Microgrid Market, Overview & Analysis |
| 9.1 Asia Microgrid Market Revenues & Volume, 2021 - 2031 |
| 9.2 Asia Microgrid Market, Revenues & Volume, By Countries, 2021 - 2031 |
| 9.2.1 India Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 9.2.2 China Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 9.2.3 Japan Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 9.2.4 Rest of Asia Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 9.3 Asia Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 9.4 Asia Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 9.5 Asia Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 9.6 Asia Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 10 Africa Microgrid Market, Overview & Analysis |
| 10.1 Africa Microgrid Market Revenues & Volume, 2021 - 2031 |
| 10.2 Africa Microgrid Market, Revenues & Volume, By Countries, 2021 - 2031 |
| 10.2.1 South Africa Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 10.2.2 Egypt Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 10.2.3 Nigeria Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 10.2.4 Rest of Africa Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 10.3 Africa Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 10.4 Africa Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 10.5 Africa Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 10.6 Africa Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 11 Europe Microgrid Market, Overview & Analysis |
| 11.1 Europe Microgrid Market Revenues & Volume, 2021 - 2031 |
| 11.2 Europe Microgrid Market, Revenues & Volume, By Countries, 2021 - 2031 |
| 11.2.1 United Kingdom Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 11.2.2 Germany Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 11.2.3 France Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 11.2.4 Rest of Europe Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 11.3 Europe Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 11.4 Europe Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 11.5 Europe Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 11.6 Europe Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 12 Middle East Microgrid Market, Overview & Analysis |
| 12.1 Middle East Microgrid Market Revenues & Volume, 2021 - 2031 |
| 12.2 Middle East Microgrid Market, Revenues & Volume, By Countries, 2021 - 2031 |
| 12.2.1 Saudi Arabia Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 12.2.2 UAE Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 12.2.3 Turkey Microgrid Market, Revenues & Volume, 2021 - 2031 |
| 12.3 Middle East Microgrid Market, Revenues & Volume, By Connectivity , 2021 - 2031 |
| 12.4 Middle East Microgrid Market, Revenues & Volume, By Offering , 2021 - 2031 |
| 12.5 Middle East Microgrid Market, Revenues & Volume, By Power Source, 2021 - 2031 |
| 12.6 Middle East Microgrid Market, Revenues & Volume, By Power Rating, 2021 - 2031 |
| 13 Global Microgrid Market Key Performance Indicators |
| 14 Global Microgrid Market - Export/Import By Countries Assessment |
| 15 Global Microgrid Market - Opportunity Assessment |
| 15.1 Global Microgrid Market Opportunity Assessment, By Countries, 2021 & 2031F |
| 15.2 Global Microgrid Market Opportunity Assessment, By Connectivity , 2021 & 2031F |
| 15.3 Global Microgrid Market Opportunity Assessment, By Offering , 2021 & 2031F |
| 15.4 Global Microgrid Market Opportunity Assessment, By Power Source, 2021 & 2031F |
| 15.5 Global Microgrid Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
| 16 Global Microgrid Market - Competitive Landscape |
| 16.1 Global Microgrid Market Revenue Share, By Companies, 2024 |
| 16.2 Global Microgrid Market Competitive Benchmarking, By Operating and Technical Parameters |
| 17 Top 10 Company Profiles |
| 18 Recommendations |
| 19 Disclaimer |
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