North America Microgrid Market (2026-2032) | Value, Industry, Size, Revenue, Companies, Analysis, Share, Forecast, Growth, Trends
Market Forecast by Countries (United States, Canada), 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: ETC4621628 | Publication Date: Jul 2023 | Updated Date: Dec 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 |
North America Microgrid Market Size and Growth Rate
According to 6Wresearch internal database and industry insights, the North America Microgrid Market was valued at approximately USD 6.7 billion in 2025 and is projected to reach nearly USD 12.5 billion by 2032, registering a compound annual growth rate (CAGR) of 9.4% during the forecast period (2026-2032).
Five-Year Growth Trajectory of the North America Microgrid Market with Core Drivers
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth (%) | Growth Drivers |
| 2021 | 7.8 | Rising demand for energy independence and grid resilience |
| 2022 | 8.2 | Increasing adoption of renewable energy solutions and distributed energy systems |
| 2023 | 8.6 | Government incentives and policies promoting clean energy infrastructure |
| 2024 | 8.9 | Growth in demand for microgrids in remote and rural areas |
| 2025 | 9.1 | Technological advancements in energy storage and control systems |
Topics Covered in the North America Microgrid Market Report
The North America Microgrid Market report thoroughly covers the market by countries, connectivity, offering, power source, and power rating. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities, high-growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
North America Microgrid Market Highlights
| Report Name | North America Microgrid Market |
| Forecast Period | 2026-2032 |
| Market Size | USD 12.5 billion by 2032 |
| CAGR | 9.4% |
| Growing Sector | Energy & Utilities |
North America Microgrid Market Synopsis
The North America Microgrid Market has been growing rapidly. The Microgrids are becoming critical to increasing the resiliency of the electricity supply in many communities and areas within North America where the electrical grid does not have sufficient capacity to suffice or is prone to failure. With declining costs associated with integrating renewable energy as well as the introduction of energy storage and management systems, Microgrid technology is rapidly evolving and offering an additional means of enhancing energy security and reducing reliance on centralised grids.
Evaluation of Growth Drivers in the North America Microgrid Market
Below mentioned are some growth drivers and their impact on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Energy Independence | All Sectors | Microgrids provide energy independence, reducing dependency on centralized power grids and enhancing energy security. |
| Government Incentives | All Sectors | Financial incentives and tax credits help offset the high initial costs of microgrid implementation, making it more affordable. |
| Renewable Energy Integration | Energy & Utilities | Increasing integration of renewable energy sources such as solar, wind, and biomass with microgrids promotes cleaner energy production. |
| Technological Advancements | All Sectors | Innovations in energy storage, control systems, and power electronics enhance the efficiency and scalability of microgrids. |
| Grid Resilience & Reliability | Urban, Industrial, Commercial | Microgrids improve grid reliability by providing backup power during grid outages and supporting power distribution. |
The North America Microgrid Market size is projected to grow at a CAGR of 9.4% during the forecast period (2026–2032). The North America Microgrid Market is experiencing significant growth due to the rising demand for energy resilience, particularly in remote locations and during power interruptions. Key drivers include the growing focus on renewable energy integration, cleaner energy solutions, government incentives, and funding for clean energy projects. Furthermore, concerns about energy security and the demand for more efficient, decentralized energy systems are propelling the market forward.
Evaluation of Restraints in the North America Microgrid Market
Below mentioned are some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | What This Means |
| High Initial Capital Costs | Industrial, Commercial | The upfront cost of installing microgrid infrastructure is high, particularly in large-scale projects. |
| Regulatory and Policy Barriers | All Sectors | Different state and local regulations regarding energy production and distribution can delay the approval and deployment of microgrid projects. |
| Lack of Standardization | All Sectors | The absence of standardized solutions for microgrid integration and control complicates adoption across industries. |
| Technological Challenges | All Sectors | Limited availability of advanced storage technologies can hinder the effective use of microgrids in certain applications. |
North America Microgrid Market Challenges
The North America Microgrid Industry encounters challenges like high capital costs, regulatory hurdles, and a lack of standardization across systems. Advancements in technology are essential to improve storage capacities and control systems for seamless integration with existing grids. Furthermore, limited awareness of the benefits of microgrids in certain sectors could slow their adoption. To foster market growth, both governments and industry leaders must tackle these challenges by offering solutions that promote the widespread deployment of microgrids and facilitate better integration with existing energy infrastructure.
North America Microgrid Market Trends
Some major trends contributing to the development of the North America Microgrid Market Growth are:
- Adoption of Renewable Energy: The increasing use of solar, wind, and other renewable energy sources in microgrids is a major driver. This shift reduces dependence on fossil fuels, supports sustainability objectives, and promotes cleaner energy production.
- Grid Resilience and Disaster Recovery: Concerns over grid resilience, particularly in the aftermath of natural disasters, are fueling the demand for microgrids, which can function independently from the main grid during power outages.
- Energy Storage Systems: Breakthroughs in energy storage technologies, like advanced batteries, are essential for enhancing the performance and efficiency of microgrids, allowing for energy storage in off-grid scenarios and minimizing energy waste.
- Focus on Smart Grids: The combination of microgrids with smart grid technologies is optimizing energy distribution by increasing adaptability and efficiency, enabling real-time oversight and management of power systems.
Investment Opportunities in the North America Microgrid Industry
Here are some investment opportunities in the North America Microgrid Market:
- Energy Storage and Battery Solutions: Investing in advanced storage technologies such as lithium-ion batteries, flywheels, and other innovative solutions will enhance microgrid capabilities.
- Software and Control Systems: With the rise of IoT and AI, investing in smart software platforms that optimize microgrid performance and integration will offer substantial growth opportunities.
- Off-grid and Rural Microgrid Solutions: Expanding microgrid adoption in remote and off-grid areas presents significant opportunities for energy independence and cost reduction.
Top 5 Leading Players in the North America Microgrid Market
Here are some top companies contributing to the North America Microgrid Market Share:
1. Siemens AG
| Company Name | Siemens AG |
|---|---|
| Established Year | 1847 |
| Headquarters | Munich, Germany |
| Official Website | Click Here |
Siemens offers integrated microgrid solutions that enhance energy management, focusing on scalability, renewable integration, and reliability in both grid-connected and off-grid applications.
2. General Electric (GE)
| Company Name | General Electric (GE) |
|---|---|
| Established Year | 1892 |
| Headquarters | Schenectady, New York, USA |
| Official Website | Click Here |
GE provides innovative microgrid technologies that incorporate renewable energy, energy storage, and advanced grid management to create sustainable, resilient power systems.
3. Schneider Electric
| Company Name | Schneider Electric |
|---|---|
| Established Year | 1836 |
| Headquarters | Rueil-Malmaison, France |
| Official Website | Click Here |
Schneider Electric delivers microgrid solutions that ensure energy efficiency and sustainability, focusing on reducing carbon footprints and improving energy resilience.
4. Eaton Corporation
| Company Name | Eaton Corporation |
|---|---|
| Established Year | 1911 |
| Headquarters | Dublin, Ireland |
| Official Website | Click Here |
Eaton offers a range of microgrid solutions that integrate renewable energy and energy storage systems, enhancing grid reliability and energy efficiency.
5. Honeywell International Inc.
| Company Name | Honeywell International Inc. |
|---|---|
| Established Year | 1906 |
| Headquarters | Charlotte, North Carolina, USA |
| Official Website | Click Here |
Honeywell offers advanced microgrid management solutions that incorporate software, control systems, and energy storage to optimize grid performance and ensure resilience.
Government Initiatives Introduced in the North America Microgrid Market
North American governments have introduced several initiatives to promote microgrid adoption. For example, the U.S. Department of Energy's Microgrid Initiative supports the development and deployment of microgrids, particularly for critical infrastructure. In Canada, the Clean Growth Program funds clean energy projects, including microgrids, in remote areas to improve energy security and reduce carbon emissions. These initiatives aim to drive the transition to cleaner, more reliable energy systems, fostering innovation and sustainability in energy management across both countries.
Future Insights of the North America Microgrid Market
The future of the North America Microgrid Market looks promising, driven by advancements in technology, increasing government support for clean energy, and growing demand for energy resilience. The adoption of renewable energy sources and energy storage systems will be crucial in enhancing the scalability and efficiency of microgrids. With the continued development of smart grid solutions, the North American microgrid market is expected to experience substantial growth, with microgrids becoming a cornerstone of modern energy systems.
Market Segmentation Analysis
The report offers a comprehensive study of the following market segments and their leading categories.
United States to Dominate the Market- By Countries
According to Ritika Kalra, Senior Research Analyst, 6Wresearch, The United States leads the North America Microgrid Market due to its robust infrastructure development, government incentives, and increasing demand for grid resilience, especially in regions prone to natural disasters.
Grid-connected Microgrids to Dominate the Market- By Connectivity
Grid-connected microgrids dominate the market due to their ability to provide backup power to the main grid, ensuring reliability and supporting sustainable energy solutions.
Hardware to Dominate the Market- By Offering
The Hardware segment dominates the North America Microgrid Market, driven by the increasing demand for physical infrastructure such as power generation units, energy storage systems, and controllers.
Natural Gas to Dominate the Market- By Power Source
Natural Gas leads the market in power sources due to its affordability, reliability, and ability to integrate with renewable energy sources for hybrid microgrid solutions.
1 MW to 5 MW to Dominate the Market- By Power Rating
The 1 MW to 5 MW segment dominates the market due to the increasing demand for medium-sized microgrids in industrial and commercial applications, ensuring scalability and efficiency.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2022 to 2025.
- Base Year: 2025.
- Forecast Data until 2032.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- North America Microgrid Market Outlook
- Market Size of North America Microgrid Market, 2024
- Forecast of North America Microgrid Market, 2032
- Historical Data and Forecast of North America Microgrid Revenues & Volume for the Period 2022 - 2032
- North America Microgrid Market Trend Evolution
- North America Microgrid Market Drivers and Challenges
- North America Microgrid Price Trends
- North America Microgrid Porter's Five Forces
- North America Microgrid Industry Life Cycle
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Connectivity for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Grid-connected for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Off-grid for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Connectivity for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Grid-connected for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Off-grid for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Connectivity for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Grid-connected for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Off-grid for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Offering for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Hardware for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Software for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Services for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Offering for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Hardware for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Software for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Services for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Offering for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Hardware for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Software for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Services for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Power Source for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Natural Gas for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Solar PV for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Diesel for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Fuel Cell for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Others for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Power Source for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Natural Gas for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Solar PV for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Diesel for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Fuel Cell for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Others for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Power Source for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Natural Gas for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Solar PV for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Combined Heat and Power for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Diesel for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Fuel Cell for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Others for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Power Rating for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2022 - 2032
- Historical Data and Forecast of North America Microgrid Market Revenues & Volume By More than 10 MW for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Power Rating for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2022 - 2032
- Historical Data and Forecast of United States Microgrid Market Revenues & Volume By More than 10 MW for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Power Rating for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By Less than 1 MW for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By 1 MW to 5 MW for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By 5 MW to 10 MW for the Period 2022 - 2032
- Historical Data and Forecast of Canada Microgrid Market Revenues & Volume By More than 10 MW for the Period 2022 - 2032
- North America Microgrid Market - Key Performance Indicators
- North America Microgrid Market - Import Export Trade Statistics
- North America Microgrid Market - Opportunity Assessment By Countries
- North America Microgrid Market - Opportunity Assessment By Connectivity
- North America Microgrid Market - Opportunity Assessment By Offering
- North America Microgrid Market - Opportunity Assessment By Power Source
- North America Microgrid Market - Opportunity Assessment By Power Rating
- North America Microgrid Market - Top Companies Market Share
- North America Microgrid Market - Top Companies Profiles
- North America Microgrid Market - Comparison of Players in Technical and Operating Parameters
- North America Microgrid Market - Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Countries
- United States
- Canada
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
North America Microgrid Market (2026-2032) : FAQs
The North America Microgrid Market is projected to grow at a CAGR of 9.4% during 2026–2032.
The North America Microgrid Market was valued at approximately USD 6.7 billion in 2025 and is expected to reach USD 12.5 billion by 2032.
The United States and Canada are the leading contributors to the growth of the North America Microgrid Market, with strong government support and increasing adoption of clean energy solutions.
Challenges include high initial capital costs, regulatory hurdles, lack of standardization, and technological limitations, particularly in energy storage.
6Wresearch actively monitors the North America 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 North America 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
| 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 North America Microgrid Market Overview |
| 3.1 North America Regional Macro Economic Indicators |
| 3.2 North America Microgrid Market Revenues & Volume, 2022 & 2032F |
| 3.3 North America Microgrid Market - Industry Life Cycle |
| 3.4 North America Microgrid Market - Porter's Five Forces |
| 3.5 North America Microgrid Market Revenues & Volume Share, By Countries, 2022 & 2032F |
| 3.6 North America Microgrid Market Revenues & Volume Share, By Connectivity , 2022 & 2032F |
| 3.7 North America Microgrid Market Revenues & Volume Share, By Offering , 2022 & 2032F |
| 3.8 North America Microgrid Market Revenues & Volume Share, By Power Source, 2022 & 2032F |
| 3.9 North America Microgrid Market Revenues & Volume Share, By Power Rating, 2022 & 2032F |
| 4 North America Microgrid Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 North America Microgrid Market Trends |
| 6 North America Microgrid Market, 2022 - 2032 |
| 6.1 North America Microgrid Market, Revenues & Volume, By Connectivity , 2022 - 2032 |
| 6.2 North America Microgrid Market, Revenues & Volume, By Offering , 2022 - 2032 |
| 6.3 North America Microgrid Market, Revenues & Volume, By Power Source, 2022 - 2032 |
| 6.4 North America Microgrid Market, Revenues & Volume, By Power Rating, 2022 - 2032 |
| 7 United States Microgrid Market, 2022 - 2032 |
| 7.1 United States Microgrid Market, Revenues & Volume, By Connectivity , 2022 - 2032 |
| 7.2 United States Microgrid Market, Revenues & Volume, By Offering , 2022 - 2032 |
| 7.3 United States Microgrid Market, Revenues & Volume, By Power Source, 2022 - 2032 |
| 7.4 United States Microgrid Market, Revenues & Volume, By Power Rating, 2022 - 2032 |
| 8 Canada Microgrid Market, 2022 - 2032 |
| 8.1 Canada Microgrid Market, Revenues & Volume, By Connectivity , 2022 - 2032 |
| 8.2 Canada Microgrid Market, Revenues & Volume, By Offering , 2022 - 2032 |
| 8.3 Canada Microgrid Market, Revenues & Volume, By Power Source, 2022 - 2032 |
| 8.4 Canada Microgrid Market, Revenues & Volume, By Power Rating, 2022 - 2032 |
| 9 North America Microgrid Market Key Performance Indicators |
| 10 North America Microgrid Market - Opportunity Assessment |
| 10.1 North America Microgrid Market Opportunity Assessment, By Countries, 2022 & 2032F |
| 10.2 North America Microgrid Market Opportunity Assessment, By Connectivity , 2022 & 2032F |
| 10.3 North America Microgrid Market Opportunity Assessment, By Offering , 2022 & 2032F |
| 10.4 North America Microgrid Market Opportunity Assessment, By Power Source, 2022 & 2032F |
| 10.5 North America Microgrid Market Opportunity Assessment, By Power Rating, 2022 & 2032F |
| 11 North America Microgrid Market - Competitive Landscape |
| 11.1 North America Microgrid Market Revenue Share, By Companies, 2022-2032F |
| 11.2 North America Microgrid Market Competitive Benchmarking, By Operating and Technical Parameters |
| 12 Company Profiles |
| 13 Recommendations |
| 14 Disclaimer |
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