Global Microgrid Technology Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI03255920

Publication Date:

March 26, 2025

Pages:

151

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Microgrid Technology market size is predicted to grow from US$ 27920 million in 2025 to US$ 62640 million in 2031; it is expected to grow at a CAGR of 14.4% from 2025 to 2031.
Microgrid is a localized power system comprised of distributed generation assets, energy storage devices, and smart distribution technologies that interoperates through controls and software-based intelligence systems.
Microgrid is among the most promising tools of modern distribution networks due to their versatility. Once fully customized to the electricity and heating needs of a specific end user, they can simultaneously deliver enhanced reliability, energy and cost efficiency as well as environmental benefits. Microgrid for critical infrastructure (schools, hospitals, universities, wastewater treatment plants, etc.), mainly in cities and small communities, will grow fastest by project number within the next five years, driven by CHP incentives and State resiliency programs along the East Coast, while military Microgrid will add significant additional capacity to the current microgrid landscape.
Global Microgrid Technology main players are ABB, GE, Echelon, NEC , Aquion Energy, etc. Global top five manufacturers hold a share over 25%. North America is the largest market, with a share nearly 45%.
The 鈥淢icrogrid Technology Industry Forecast鈥� looks at past sales and reviews total world Microgrid Technology sales in 2024, providing a comprehensive analysis by region and market sector of projected Microgrid Technology sales for 2025 through 2031. With Microgrid Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Microgrid Technology industry.
This Insight Report provides a comprehensive analysis of the global Microgrid Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Microgrid Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Microgrid Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Microgrid Technology and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Microgrid Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of Microgrid Technology market by product type, application, key players and key regions and countries.
Segmentation by Type:
Grid-Tied Type Microgrid
Independent Type Microgrid
Segmentation by Application:
Commercial/Industrial
Community/Utility
Campus/Institutional
Military
Remote
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
GE
Echelon
S&C Electric
Siemens
General Microgrids
Microgrid Solar
Raytheon
Sunverge Energy
Toshiba
NEC
Aquion Energy
EnStorage
SGCC
Moixa
EnSync
Ampard
Green Energy Corp
Growing Energy Labs Inc
HOMER Energy
Spirae

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Microgrid Technology Market Size (2020-2031)
2.1.2 Microgrid Technology Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Microgrid Technology by Country/Region (2020, 2024 & 2031)
2.2 Microgrid Technology Segment by Type
2.2.1 Grid-Tied Type Microgrid
2.2.2 Independent Type Microgrid
2.3 Microgrid Technology Market Size by Type
2.3.1 Microgrid Technology Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Microgrid Technology Market Size Market Share by Type (2020-2025)
2.4 Microgrid Technology Segment by Application
2.4.1 Commercial/Industrial
2.4.2 Community/Utility
2.4.3 Campus/Institutional
2.4.4 Military
2.4.5 Remote
2.4.6 Others
2.5 Microgrid Technology Market Size by Application
2.5.1 Microgrid Technology Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Microgrid Technology Market Size Market Share by Application (2020-2025)
3 Microgrid Technology Market Size by Player
3.1 Microgrid Technology Market Size Market Share by Player
3.1.1 Global Microgrid Technology Revenue by Player (2020-2025)
3.1.2 Global Microgrid Technology Revenue Market Share by Player (2020-2025)
3.2 Global Microgrid Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Microgrid Technology by Region
4.1 Microgrid Technology Market Size by Region (2020-2025)
4.2 Global Microgrid Technology Annual Revenue by Country/Region (2020-2025)
4.3 Americas Microgrid Technology Market Size Growth (2020-2025)
4.4 APAC Microgrid Technology Market Size Growth (2020-2025)
4.5 Europe Microgrid Technology Market Size Growth (2020-2025)
4.6 Middle East & Africa Microgrid Technology Market Size Growth (2020-2025)
5 Americas
5.1 Americas Microgrid Technology Market Size by Country (2020-2025)
5.2 Americas Microgrid Technology Market Size by Type (2020-2025)
5.3 Americas Microgrid Technology Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Microgrid Technology Market Size by Region (2020-2025)
6.2 APAC Microgrid Technology Market Size by Type (2020-2025)
6.3 APAC Microgrid Technology Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Microgrid Technology Market Size by Country (2020-2025)
7.2 Europe Microgrid Technology Market Size by Type (2020-2025)
7.3 Europe Microgrid Technology Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Microgrid Technology by Region (2020-2025)
8.2 Middle East & Africa Microgrid Technology Market Size by Type (2020-2025)
8.3 Middle East & Africa Microgrid Technology Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Microgrid Technology Market Forecast
10.1 Global Microgrid Technology Forecast by Region (2026-2031)
10.1.1 Global Microgrid Technology Forecast by Region (2026-2031)
10.1.2 Americas Microgrid Technology Forecast
10.1.3 APAC Microgrid Technology Forecast
10.1.4 Europe Microgrid Technology Forecast
10.1.5 Middle East & Africa Microgrid Technology Forecast
10.2 Americas Microgrid Technology Forecast by Country (2026-2031)
10.2.1 United States Market Microgrid Technology Forecast
10.2.2 Canada Market Microgrid Technology Forecast
10.2.3 Mexico Market Microgrid Technology Forecast
10.2.4 Brazil Market Microgrid Technology Forecast
10.3 APAC Microgrid Technology Forecast by Region (2026-2031)
10.3.1 China Microgrid Technology Market Forecast
10.3.2 Japan Market Microgrid Technology Forecast
10.3.3 Korea Market Microgrid Technology Forecast
10.3.4 Southeast Asia Market Microgrid Technology Forecast
10.3.5 India Market Microgrid Technology Forecast
10.3.6 Australia Market Microgrid Technology Forecast
10.4 Europe Microgrid Technology Forecast by Country (2026-2031)
10.4.1 Germany Market Microgrid Technology Forecast
10.4.2 France Market Microgrid Technology Forecast
10.4.3 UK Market Microgrid Technology Forecast
10.4.4 Italy Market Microgrid Technology Forecast
10.4.5 Russia Market Microgrid Technology Forecast
10.5 Middle East & Africa Microgrid Technology Forecast by Region (2026-2031)
10.5.1 Egypt Market Microgrid Technology Forecast
10.5.2 South Africa Market Microgrid Technology Forecast
10.5.3 Israel Market Microgrid Technology Forecast
10.5.4 Turkey Market Microgrid Technology Forecast
10.6 Global Microgrid Technology Forecast by Type (2026-2031)
10.7 Global Microgrid Technology Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Microgrid Technology Forecast
11 Key Players Analysis
11.1 ABB
11.1.1 ABB Company Information
11.1.2 ABB Microgrid Technology Product Offered
11.1.3 ABB Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 ABB Main Business Overview
11.1.5 ABB Latest Developments
11.2 GE
11.2.1 GE Company Information
11.2.2 GE Microgrid Technology Product Offered
11.2.3 GE Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 GE Main Business Overview
11.2.5 GE Latest Developments
11.3 Echelon
11.3.1 Echelon Company Information
11.3.2 Echelon Microgrid Technology Product Offered
11.3.3 Echelon Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Echelon Main Business Overview
11.3.5 Echelon Latest Developments
11.4 S&C Electric
11.4.1 S&C Electric Company Information
11.4.2 S&C Electric Microgrid Technology Product Offered
11.4.3 S&C Electric Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 S&C Electric Main Business Overview
11.4.5 S&C Electric Latest Developments
11.5 Siemens
11.5.1 Siemens Company Information
11.5.2 Siemens Microgrid Technology Product Offered
11.5.3 Siemens Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Siemens Main Business Overview
11.5.5 Siemens Latest Developments
11.6 General Microgrids
11.6.1 General Microgrids Company Information
11.6.2 General Microgrids Microgrid Technology Product Offered
11.6.3 General Microgrids Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 General Microgrids Main Business Overview
11.6.5 General Microgrids Latest Developments
11.7 Microgrid Solar
11.7.1 Microgrid Solar Company Information
11.7.2 Microgrid Solar Microgrid Technology Product Offered
11.7.3 Microgrid Solar Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Microgrid Solar Main Business Overview
11.7.5 Microgrid Solar Latest Developments
11.8 Raytheon
11.8.1 Raytheon Company Information
11.8.2 Raytheon Microgrid Technology Product Offered
11.8.3 Raytheon Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Raytheon Main Business Overview
11.8.5 Raytheon Latest Developments
11.9 Sunverge Energy
11.9.1 Sunverge Energy Company Information
11.9.2 Sunverge Energy Microgrid Technology Product Offered
11.9.3 Sunverge Energy Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Sunverge Energy Main Business Overview
11.9.5 Sunverge Energy Latest Developments
11.10 Toshiba
11.10.1 Toshiba Company Information
11.10.2 Toshiba Microgrid Technology Product Offered
11.10.3 Toshiba Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Toshiba Main Business Overview
11.10.5 Toshiba Latest Developments
11.11 NEC
11.11.1 NEC Company Information
11.11.2 NEC Microgrid Technology Product Offered
11.11.3 NEC Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 NEC Main Business Overview
11.11.5 NEC Latest Developments
11.12 Aquion Energy
11.12.1 Aquion Energy Company Information
11.12.2 Aquion Energy Microgrid Technology Product Offered
11.12.3 Aquion Energy Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Aquion Energy Main Business Overview
11.12.5 Aquion Energy Latest Developments
11.13 EnStorage
11.13.1 EnStorage Company Information
11.13.2 EnStorage Microgrid Technology Product Offered
11.13.3 EnStorage Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 EnStorage Main Business Overview
11.13.5 EnStorage Latest Developments
11.14 SGCC
11.14.1 SGCC Company Information
11.14.2 SGCC Microgrid Technology Product Offered
11.14.3 SGCC Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 SGCC Main Business Overview
11.14.5 SGCC Latest Developments
11.15 Moixa
11.15.1 Moixa Company Information
11.15.2 Moixa Microgrid Technology Product Offered
11.15.3 Moixa Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Moixa Main Business Overview
11.15.5 Moixa Latest Developments
11.16 EnSync
11.16.1 EnSync Company Information
11.16.2 EnSync Microgrid Technology Product Offered
11.16.3 EnSync Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 EnSync Main Business Overview
11.16.5 EnSync Latest Developments
11.17 Ampard
11.17.1 Ampard Company Information
11.17.2 Ampard Microgrid Technology Product Offered
11.17.3 Ampard Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Ampard Main Business Overview
11.17.5 Ampard Latest Developments
11.18 Green Energy Corp
11.18.1 Green Energy Corp Company Information
11.18.2 Green Energy Corp Microgrid Technology Product Offered
11.18.3 Green Energy Corp Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 Green Energy Corp Main Business Overview
11.18.5 Green Energy Corp Latest Developments
11.19 Growing Energy Labs Inc
11.19.1 Growing Energy Labs Inc Company Information
11.19.2 Growing Energy Labs Inc Microgrid Technology Product Offered
11.19.3 Growing Energy Labs Inc Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Growing Energy Labs Inc Main Business Overview
11.19.5 Growing Energy Labs Inc Latest Developments
11.20 HOMER Energy
11.20.1 HOMER Energy Company Information
11.20.2 HOMER Energy Microgrid Technology Product Offered
11.20.3 HOMER Energy Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.20.4 HOMER Energy Main Business Overview
11.20.5 HOMER Energy Latest Developments
11.21 Spirae
11.21.1 Spirae Company Information
11.21.2 Spirae Microgrid Technology Product Offered
11.21.3 Spirae Microgrid Technology Revenue, Gross Margin and Market Share (2020-2025)
11.21.4 Spirae Main Business Overview
11.21.5 Spirae Latest Developments
12 Research Findings and Conclusion

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