2025-09-01
Microgrid Market worth $87.8 billion by 2029 - Exclusive Report by MarketsandMarketsTM
DELRAY BEACH, Fla., Sept. 1, 2025 /PRNewswire/ -- The microgrid market is expected to grow from USD 43.47 billion in 2025 to USD 95.16 billion by 2030, at a CAGR of 17.0% from 2025 to 2030 according to a new report by MarketsandMarketsTM. Key drivers for the microgrid market include the increasing need for energy resilience and uninterrupted power supply across commercial, industrial, and institutional facilities. Rising integration of renewable energy sources and advancements in battery storage and smart energy management systems enhance microgrid efficiency and flexibility. Supportive government policies, regulatory incentives, and decarbonization targets further encourage microgrid deployment. Additionally, the growing demand in remote and off-grid regions and cost reductions in distributed energy technologies boost adoption. The shift toward sustainable, localized power generation positions microgrids as a critical component of future energy infrastructure.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=917Browse in-depth TOC on "Microgrid Market" 150 – Tables70 – Figures380 – PagesMicrogrid Market Scope:Report CoverageDetailsMarket Revenue in 2025$ 43.47 billionEstimated Value by 2030$ 95.16 billionGrowth RatePoised to grow at a CAGR of 17.0%Market Size Available for2021–2030Forecast Period2025–2030Forecast UnitsValue (USD Million/Billion)Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and TrendsSegments CoveredBy Heating Equipment, Cooling Equipment, Ventilation Equipment, Technology, Implementation Type, Service Type, End User, and RegionGeographies CoveredNorth America, Europe, Asia Pacific, and Rest of WorldKey Market ChallengeComplex planning and engineering requirements for utility-scale microgridsKey Market OpportunitiesRapid digitalization and advances in smart grid technologiesKey Market DriversRising microgrid deployment for rural and remote ...Full story available on Benzinga.com