Microgrid Market

Q: How big was the microgrid market in 2024?

The microgrid market was valued at US$ 40.4 Bn in 2024 Read More

Q: Which region was the most lucrative in the microgrid market in 2024?

Asia Pacific was the most lucrative region in 2024 Read More

Microgrid Market (Component: Distributed Generating Units, Load Centers, Distribution Network, Control Unit, Storage System, Metering System; Connectivity: On-grid, and Off-grid; Application: Campus & Institution, Community & Utility, Commercial & Industrial, Defense & Military, and Remote Island)- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025‒2035

Microgrid Market Outlook 2035

The microgrid industry was valued at US$ 40.4 Bn& in 2024
It is estimated to grow at a CAGR of 17.6% from 2025 to 2035
The microgrid market is estimated to reach US$ 240.6 Bn by the end of 2035

Analysts’ Viewpoint on Microgrid Market Scenario

The microgrid market is anticipated to grow at a CAGR of 17.6% during the forecast period owing to the growth in adoption of renewable energy and rise in demand for energy resilience. Microgrid opens up new avenues to electricity for underserved and remote communities in many countries. Microgrids that rely on renewable energy sources, energy storage or backup generators can operate independently. Global market is anticipated to benefit from favorable government policies that help in the expansion of renewable energy projects around the world.

Microgrid Market Revanue Growth

Microgrids provide back-up during disruptions in grid and they make sure of the continuous operations of critical facilities like airports, defense facilities, data centers, and hospitals, among others. Various industries and big companies are installing microgrids as part of their decarbonization goals, sustainability goals, and an attempt to reduce reliance on the main grids for electricity. Asia Pacific is the dominant region in the global microgrid market owing to large number of rural electrification projects and renewable energy integration projects in the populous countries in the region.

Global Microgrid Market Overview

A microgrid is a type of energy network within a locality that is capable of operating in tandem with a major power grid or independently. A microgrid basically integrates distributed energy resources such as wind turbines, solar panels, backup generators, and energy storage. As the energy landscape has changed today, microgrids have become a smart way to bolster energy efficiency, security, and sustainability, particularly in areas with grid reliability issues or increased use of renewables.

The main advantage of microgrids is resilience and reliability. Their innate ability of providing back-up power during a grid outage ensures that critical facilities such as hospitals, airports, data centers, and military bases can continue operations without interruption.

Microgrids help with cost optimization through load balancing and onsite offtake of renewable energy, thereby helping organizations save on their energy expense. Microgrids aid organizations achieve their sustainability goals through maximizing renewable energy use and cutting down on carbon emissions, rendering these systems the foundation of corporate ESG efforts and formal decarbonization plans.

Microgrids are utilized across multiple sectors, including industry campuses, remote communities, universities, military bases, and areas susceptible to natural disasters, where reliability is the most important factor when deploying energy resources. The advancements in the form of digitalization and smart-grid development have led microgrids to include more embedded controls and analytical capabilities, which will make microgrids an important facilitator of the global energy systems moving away from centralized, federally regulated generation to decentralized, clean, and resilient systems.

Attribute	Detail
Microgrid Market Drivers	Growing Demand for Energy Resilience and Reliability Rising Adoption of Renewable Energy and Decarbonization Goals

Growing Demand for Energy Resilience and Reliability

Factors including transition toward renewable energy and declining fossil fuel dependency include growing commitment by government and corporations to meet decarbonization targets, both of which are propelling the global microgrid market.

Microgrids take on a unique role; in that they use renewable resources including solar, wind, and small-scale hydro in a localized power grid to strictly define the scope of a community or business to move away from fossil fuels and decouples energy security. The International Energy Agency (IEA) determined that renewables accounted for nearly 30% share of global electricity generation in 2023, and the IEA is expecting renewables to exceed 42% by 2030, thereby creating a strong rationale for microgrids as fundamental accelerators of distributed clean energy deployment.

Governments across the globe are rolling out ambitious decarbonization strategies, creating catalysts for greater adoption of microgrids. The European Union's "Fit for 55" package is an effort seeking to reduce greenhouse gas emissions by 55% by 2030, and has induced investment in decentralization renewable energy infrastructure. The U.S. Department of Energy has earmarked over US$ 10.5 Bn toward grid modernization and clean energy projects, part of which is being used for microgrids including the ones with solar, wind, and energy storage. In Asia, India is creating an energy revolution regarding rural electrification with more than 1,000 solar microgrids generating reliable electricity to millions of people in off grid villages.

Commercial & Industrial - Prominent Application Segment in Microgrid Market

Microgrid Market By Application

Microgrids have the broadest application in the commercial & industrial (C&I) sector and represent the biggest component of global microgrid installations. This leadership is due, in part, to industries like manufacturing, mining, oil & gas, or data centers having a larger demand for energy, longer operational continuity requirements, and/or sustainability objectives. The few large-scale industrial users that have begun adopting solar-plus-storage microgrids have reported electricity savings of 20–30%, as well as reduced risk during power outages.

International corporations are investing in C&I microgrids to meet decarbonization pledges. Companies like Google, Amazon, and Microsoft have installed renewable powered microgrids at their data centers to meet their goal of 100% renewable energy. Corporations engaged in heavy industries are also using hybrid microgrids to limit their carbon footprint. In regions like North America and Asia Pacific, where some of the highest levels of consumption are witnessed, C&I will remain the leading driver of global microgrid adoption, e.g. energy resilience coupled with long-term cost reductions.

Microgrid Market Regional Insights

Microgrid Market Regional

Attribute	Detail
Leading Region	Asia Pacific is the leading region in the Microgrid market

The global microgrid market is mostly led by Asia-Pacific and North America, especially with deployment and innovation. Asia-Pacific has been the fastest growing and a predominating region. As our current report demonstrates, Asia-Pacific is at least a few years ahead of North America predicated by large-scale rural electrification programs and the incorporation of renewable energy sources. India has deployed more than 1,000 solar microgrids to power isolated villages, and China is handsomely investing in hybrid microgrid as part of its clean energy transition strategy. Japan, focusing on disaster resilience, positioned microgrids into its community infrastructures following Fukushima. In North America (that is not dependent on renewable adoption), the clear demand for resilience and security has created a significant share of the microgrid industry. With over 460 operational microgrids while providing over 3.5 GW of capacity to mainly industrial, commercial and military facilities, and increasing or setting targets for renewables and corporate sustainability, Asia-Pacific and North America will continue to be the engine driving global microgrid growth.

Analysis of Key Players in Microgrid Market

ABB Ltd. is the global leader in the microgrid market, with over 400 microgrid projects deployed globally. The company’s Microgrid Plus automation platform enables easy integration of renewable energy, storage, and demand response, and has become a preferred automation tool in remote, island and industrial applications. ABB's strong presence in DC microgrids does strengthen its reputation as one of the innovative industry leaders for many clients, wherein they promote resilience and sustainability, and aligning customers’ decarbonization and energy optimization goals across a variety of geographies.
Siemens AG is a significant player in the global microgrid market, with cloud-based digitalized solutions for both - intelligent control and renewable integration. Its SICAM Microgrid Controller is being used in over 40 countries, enabling optimum energy management and stability for both - grid-connected and off-grid systems. Siemens focuses primarily on empowering industrial, commercial, and community-scale customers to provide resilience while achieving their sustainability goals.

General Electric, Eaton, Schneider Electric, Honeywell International Inc, ENGIE EPS S.A., Ameresco, Bloom Energy, Pareto Energy Limited, Toshiba Corporation, Duke Energy Corporation, and Power Analytics Corporation are some other companies in the global market. Each of these players has been profiled in the microgrid market research report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Microgrid Market Key Developments

In 2025, ABB completed the installation of a solar-powered microgrid on Robben Island (South Africa), a remote World Heritage Site, and one of the most strategic deployments of microgrid technology to date. This system, with a 667 kW peak photovoltaic field, ABB Ability inverters, Microgrid Plus control suite, and battery storage, became operational in 2025, allowing the island to adjust from a primary reliance on diesel generators consuming 600,000 liters of diesel fuel each year to operating on solar power for at least nine months of the year. This remote site is also being remotely monitored from Cape Town, South Africa to ensure performance measures are met, with zero emissions performance measures to maintain the value and importance of the site while decreasing emissions and fuel costs through this deployment.
Ameresco’s Pu‘uloa Microgrid was selected under the U.S. Department of Energy’s (DOE) GRIP Program in 2025. This 99 MW hybrid microgrid was designed for Joint Base Pearl Harbor-Hickam in Hawaii and Oahu and integrates smart grid technologies, clean dispatchable generation technologies and advanced controls. This project is a front-of-the-meter project for the state of Hawaii that emphasizes improving grid reliability across the state of Hawaii and demonstrating the rapid deployment of microgrid solutions that can form a grid. This project is being facilitated by the DOE Bipartisan Infrastructure Law.

Microgrid Market Snapshot

Attribute	Detail
Market Size Value in 2024	US$ 40.4 Bn
Market Forecast Value in 2035	US$ 240.6 Bn
Growth Rate (CAGR)	17.6%
Forecast Period	2025–2035
Historical Data Available for	2020-2023
Quantitative Units	US$ Bn for Value & MW for Capacity
Market Analysis	It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, Microgrid market opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2024) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Component Distributed Generating Units Load Centers Distribution Network Control Unit Storage System Metering System Connectivity On-grid Off-grid Application Campus & Institution Community & Utility Commercial & Industrial Defense & Military Remote Island
Regions Covered	North America Latin America Europe Asia Pacific Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Spain Italy Russia and CIS Japan China India ASEAN Brazil Mexico GCC South Africa
Companies Profiled	ABB General Electric Siemens Eaton Schneider Electric Honeywell International Inc. ENGIE EPS S.A. Ameresco Bloom Energy Pareto Energy Limited Toshiba Corporation Duke Energy Corporation Power Analytics Corporation Others Other Leading Companies
Customization Scope	Available upon request
Pricing	Available upon request

Frequently Asked Questions

How big was the microgrid market in 2024?

The microgrid market was valued at US$ 40.4 Bn in 2024

How is the microgrid market expected to grow by 2035?

The microgrid industry is expected to grow at a CAGR of 17.6% from 2025 to 2035

What are the key drivers of the microgrid market?

Growing demand for energy resilience and reliability, and rising adoption of renewable energy and decarbonization goals

Which was the largest segment of the microgrid market in 2024?

Commercial and Industrial was the largest application segment in the microgrid market.

Which region was the most lucrative in the microgrid market in 2024?

Asia Pacific was the most lucrative region in 2024

Who are the prominent players in the microgrid business?

ABB Ltd, Siemens AG, General Electric, Eaton, Schneider Electric, Honeywell International Inc, ENGIE EPS S.A., Ameresco, Bloom Energy, Pareto Energy Limited, Toshiba Corporation, Duke Energy Corporation, and Power Analytics Corporation are the major companies in the global microgrid market.

Executive Summary
- Global Market Outlook
- Demand Side Trends
- Key Facts and Figures
- Trends Impacting Market
- TMR’s Growth Opportunity Wheel
Market Overview
- Market Segmentation
- Key Developments
- Market Definitions
- Key Market Trends
- Market Dynamics
  - Drivers
  - Restraints
  - Opportunities
- Global Microgrid Market Analysis and Forecasts, 2025-2035
  - Global Microgrid Market Capacity (MW)
  - Global Microgrid Market Revenue (US$ Bn)
- Porter’s Five Forces Analysis
- Regulatory Landscape
- Value Chain Analysis
  - List of Component Suppliers
  - List of System Integrator
  - List of Developer/EPC Companies
  - List of Potential Customers
CAPEX Analysis
Economic Recovery from COVID-19 Impact
- Impact on the Supply Chain of the Microgrid
- Recovery in the Microgrid Market – Post Crisis
Impact of Current Geopolitical Scenario on Market
Global Microgrid Market Analysis and Forecast, by Component, 2025–2035
- Introduction and Definitions
- Global Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Distributed Generating Units
  - Load Centers
  - Distribution Network
  - Control Unit
  - Storage System
  - Metering System
- Global Microgrid Market Attractiveness, by Component
Global Microgrid Market Analysis and Forecast, by Connectivity, 2025–2035
- Introduction and Definitions
- Global Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - On-grid
  - Off-grid
- Global Microgrid Market Attractiveness, by Connectivity
Global Microgrid Market Analysis and Forecast, Application, 2025–2035
- Introduction and Definitions
- Global Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Campus & Institution
  - Community & Utility
  - Commercial & Industrial
  - Defense & Military
  - Remote Island
- Global Microgrid Market Attractiveness, by Application
Global Microgrid Market Analysis and Forecast, by Region, 2025–2035
- Key Findings
- Global Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Region, 2025–2035
  - North America
  - Europe
  - Asia Pacific
  - Latin America
  - Middle East & Africa
- Global Microgrid Market Attractiveness, by Region
North America Microgrid Market Analysis and Forecast, 2025–2035
- Key Findings
- North America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
- North America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
- North America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- North America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Country, 2025–2035
  - U.S. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - U.S. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - U.S. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Canada Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Canada Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Canada Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- North America Microgrid Market Attractiveness Analysis
Europe Microgrid Market Analysis and Forecast, 2025–2035
- Key Findings
- Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
- Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
- Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Country and Sub-region, 2025-2035
  - Germany Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Germany Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Germany Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - France Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - France Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - France Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - U.K. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - U.K. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - U.K. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Italy Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Italy. Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Italy Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Russia & CIS Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Russia & CIS Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Russia & CIS Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Rest of Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Rest of Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Rest of Europe Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Europe Microgrid Market Attractiveness Analysis
Asia Pacific Microgrid Market Analysis and Forecast, 2025–2035
- Key Findings
- Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025-2035
- Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
- Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Country and Sub-region, 2025-2035
  - China Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - China Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - China Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Japan Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Japan Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Japan Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - India Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - India Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - India Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - ASEAN Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - ASEAN Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - ASEAN Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Rest of Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Rest of Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Rest of Asia Pacific Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Asia Pacific Microgrid Market Attractiveness Analysis
Latin America Microgrid Market Analysis and Forecast, 2025–2035
- Key Findings
- Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
- Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
- Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Country and Sub-region, 2025-2035
  - Brazil Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Brazil Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Brazil Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Mexico Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Mexico Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Mexico Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Rest of Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Rest of Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Rest of Latin America Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Latin America Microgrid Market Attractiveness Analysis
Middle East & Africa Microgrid Market Analysis and Forecast, 2025–2035
- Key Findings
- Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
- Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
- Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Country and Sub-region, 2025-2035
  - GCC Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - GCC Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - GCC Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - South Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - South Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - South Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
  - Rest of Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Component, 2025–2035
  - Rest of Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Connectivity, 2025–2035
  - Rest of Middle East & Africa Microgrid Market Capacity (MW) and Value (US$ Bn) Forecast, by Application, 2025–2035
- Middle East & Africa Microgrid Market Attractiveness Analysis
Competition Landscape
- Market Players - Competition Matrix (by Tier and Size of Companies)
- Market Share Analysis, 2024
- Market Footprint Analysis
  - By Component
  - By Application
- Company Profiles
  - ABB
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - General Electric
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Siemens
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Eaton
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Schneider Electric
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Honeywell International Inc
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - ENGIE EPS S.A.
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Ameresco
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Bloom Energy
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Pareto Energy Limited
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Toshiba Corporation
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Duke Energy Corporation
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
  - Power Analytics Corporation
    - Company Revenue
    - Business Overview
    - Technology Segments
    - Geographic Footprint
    - Strategic Partnership, Capacity Expansion, New Product Innovation etc.
Primary Research: Key Insights
Appendix

List of Tables

Table 1 Global Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 2 Global Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 3 Global Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 4 Global Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 5 Global Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 6 Global Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 7 Global Microgrid Market Capacity (MW) Forecast, by Region, 2025 to 2035
Table 8 Global Microgrid Market Value (US$ Bn) Forecast, by Region, 2025 to 2035
Table 9 North America Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 10 North America Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 11 North America Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 12 North America Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 13 North America Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 14 North America Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 15 North America Microgrid Market Capacity (MW) Forecast, by Country, 2025 to 2035
Table 16 North America Microgrid Market Value (US$ Bn) Forecast, by Country, 2025 to 2035
Table 17 U.S. Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 18 U.S. Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 19 U.S. Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 20 U.S. Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 21 U.S. Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 22 U.S. Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 23 Canada Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 24 Canada Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 25 Canada Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 26 Canada Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 27 Canada Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 28 Canada Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 29 Europe Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 30 Europe Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 31 Europe Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 32 Europe Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 33 Europe Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 34 Europe Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 35 Europe Microgrid Market Capacity (MW) Forecast, by Country and Sub-region, 2025 to 2035
Table 36 Europe Microgrid Market Value (US$ Bn) Forecast, by Country and Sub-region, 2025 to 2035
Table 37 Germany Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 38 Germany Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 39 Germany Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 40 Germany Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 41 Germany Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 42 Germany Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 43 France Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 44 France Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 45 France Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 46 France Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 47 France Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 48 France Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 49 U.K. Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 50 U.K. Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 51 U.K. Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 52 U.K. Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 53 U.K. Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 54 U.K. Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 55 Italy Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 56 Italy Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 57 Italy Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 58 Italy Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 59 Italy Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 60 Italy Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 61 Spain Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 62 Spain Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 63 Spain Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 64 Spain Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 65 Spain Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 66 Spain Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 67 Russia & CIS Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 68 Russia & CIS Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 69 Russia & CIS Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 70 Russia & CIS Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 71 Russia & CIS Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 72 Russia & CIS Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 73 Rest of Europe Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 74 Rest of Europe Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 75 Rest of Europe Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 76 Rest of Europe Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 77 Rest of Europe Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 78 Rest of Europe Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 79 Asia Pacific Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 80 Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 81 Asia Pacific Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 82 Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 83 Asia Pacific Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 84 Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 85 Asia Pacific Microgrid Market Capacity (MW) Forecast, by Country and Sub-region, 2025 to 2035
Table 86 Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Country and Sub-region, 2025 to 2035
Table 87 China Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 88 China Microgrid Market Value (US$ Bn) Forecast, by Component 2025 to 2035
Table 89 China Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 90 China Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 91 China Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 92 China Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 93 Japan Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 94 Japan Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 95 Japan Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 96 Japan Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 97 Japan Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 98 Japan Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 99 India Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 100 India Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 101 India Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 102 India Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 103 India Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 104 India Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 105 India Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 106 India Microgrid Market Value (US$ Bn) Forecast, by Application 2025 to 2035
Table 107 ASEAN Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 108 ASEAN Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 109 ASEAN Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 110 ASEAN Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 111 ASEAN Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 112 ASEAN Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 113 Rest of Asia Pacific Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 114 Rest of Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 115 Rest of Asia Pacific Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 116 Rest of Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 117 Rest of Asia Pacific Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 118 Rest of Asia Pacific Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 119 Latin America Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 120 Latin America Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 121 Latin America Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 122 Latin America Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 123 Latin America Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 124 Latin America Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 125 Latin America Microgrid Market Capacity (MW) Forecast, by Country and Sub-region, 2025 to 2035
Table 126 Latin America Microgrid Market Value (US$ Bn) Forecast, by Country and Sub-region, 2025 to 2035
Table 127 Brazil Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 128 Brazil Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 129 Brazil Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 130 Brazil Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 131 Brazil Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 132 Brazil Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 133 Mexico Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 134 Mexico Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 135 Mexico Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 136 Mexico Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 137 Mexico Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 138 Mexico Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 139 Rest of Latin America Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 140 Rest of Latin America Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 141 Rest of Latin America Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 142 Rest of Latin America Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 143 Rest of Latin America Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 144 Rest of Latin America Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 145 Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 146 Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 147 Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 148 Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 149 Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 150 Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 151 Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Country and Sub-region, 2025 to 2035
Table 152 Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Country and Sub-region, 2025 to 2035
Table 153 GCC Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 154 GCC Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 155 GCC Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 156 GCC Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 157 GCC Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 158 GCC Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 159 South Africa Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 160 South Africa Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 161 South Africa Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 162 South Africa Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 163 South Africa Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 164 South Africa Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035
Table 165 Rest of Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Component, 2025 to 2035
Table 166 Rest of Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Component, 2025 to 2035
Table 167 Rest of Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Connectivity, 2025 to 2035
Table 168 Rest of Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Connectivity, 2025 to 2035
Table 169 Rest of Middle East & Africa Microgrid Market Capacity (MW) Forecast, by Application, 2025 to 2035
Table 170 Rest of Middle East & Africa Microgrid Market Value (US$ Bn) Forecast, by Application, 2025 to 2035

List of Figures

Figure 1 Global Microgrid Market Value Share Analysis, by Component, 2024, 2028, and 2035
Figure 2 Global Microgrid Market Attractiveness, by Component
Figure 3 Global Microgrid Market Value Share Analysis, by Connectivity, 2024, 2028, and 2035
Figure 4 Global Microgrid Market Attractiveness, by Connectivity
Figure 5 Global Microgrid Market Value Share Analysis, by Application, 2024, 2028, and 2035
Figure 6 Global Microgrid Market Attractiveness, by Application
Figure 7 Global Microgrid Market Value Share Analysis, by Region, 2024, 2028, and 2035
Figure 8 Global Microgrid Market Attractiveness, by Region
Figure 9 North America Microgrid Market Value Share Analysis, by Component, 2024, 2028, and 2035
Figure 10 North America Microgrid Market Attractiveness, by Component
Figure 11 North America Microgrid Market Value Share Analysis, by Connectivity, 2024, 2028, and 2035
Figure 12 North America Microgrid Market Attractiveness, by Connectivity
Figure 13 North America Microgrid Market Value Share Analysis, by Application, 2024, 2028, and 2035
Figure 14 North America Microgrid Market Attractiveness, by Application
Figure 15 North America Microgrid Market Attractiveness, by Country and Sub-region
Figure 16 Europe Microgrid Market Value Share Analysis, by Component, 2024, 2028, and 2035
Figure 17 Europe Microgrid Market Attractiveness, by Component
Figure 18 Europe Microgrid Market Value Share Analysis, by Connectivity, 2024, 2028, and 2035
Figure 19 Europe Microgrid Market Attractiveness, by Connectivity
Figure 20 Europe Microgrid Market Value Share Analysis, by Application, 2024, 2028, and 2035
Figure 21 Europe Microgrid Market Attractiveness, by Application
Figure 22 Europe Microgrid Market Value Share Analysis, by Country and Sub-region, 2024, 2028, and 2035
Figure 23 Europe Microgrid Market Attractiveness, by Country and Sub-region
Figure 24 Asia Pacific Microgrid Market Value Share Analysis, by Component, 2024, 2028, and 2035
Figure 25 Asia Pacific Microgrid Market Attractiveness, by Component
Figure 26 Asia Pacific Microgrid Market Value Share Analysis, by Connectivity, 2024, 2028, and 2035
Figure 27 Asia Pacific Microgrid Market Attractiveness, by Connectivity
Figure 28 Asia Pacific Microgrid Market Value Share Analysis, by Application, 2024, 2028, and 2035
Figure 29 Asia Pacific Microgrid Market Attractiveness, by Application
Figure 30 Asia Pacific Microgrid Market Value Share Analysis, by Country and Sub-region, 2024, 2028, and 2035
Figure 31 Asia Pacific Microgrid Market Attractiveness, by Country and Sub-region
Figure 32 Latin America Microgrid Market Value Share Analysis, by Component, 2024, 2028, and 2035
Figure 33 Latin America Microgrid Market Attractiveness, by Component
Figure 34 Latin America Microgrid Market Value Share Analysis, by Connectivity, 2024, 2028, and 2035
Figure 35 Latin America Microgrid Market Attractiveness, by Connectivity
Figure 36 Latin America Microgrid Market Value Share Analysis, by Application, 2024, 2028, and 2035
Figure 37 Latin America Microgrid Market Attractiveness, by Application
Figure 38 Latin America Microgrid Market Value Share Analysis, by Country and Sub-region, 2024, 2028, and 2035
Figure 39 Latin America Microgrid Market Attractiveness, by Country and Sub-region
Figure 40 Middle East & Africa Microgrid Market Value Share Analysis, by Component, 2024, 2028, and 2035
Figure 41 Middle East & Africa Microgrid Market Attractiveness, by Component
Figure 42 Middle East & Africa Microgrid Market Value Share Analysis, by Connectivity, 2024, 2028, and 2035
Figure 43 Middle East & Africa Microgrid Market Attractiveness, by Connectivity
Figure 44 Middle East & Africa Microgrid Market Value Share Analysis, by Application, 2024, 2028, and 2035
Figure 45 Middle East & Africa Microgrid Market Attractiveness, by Application
Figure 46 Middle East & Africa Microgrid Market Value Share Analysis, by Country and Sub-region, 2024, 2028, and 2035
Figure 47 Middle East & Africa Microgrid Market Attractiveness, by Country and Sub-region