
The global Microgrid Technology market size was US$ 25360 million in 2024 and is forecast to a readjusted size of US$ 62310 million by 2031 with a CAGR of 13.9% during the forecast period 2025-2031.
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 global Microgrid Technology market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
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
By Type: (Dominant Segment vs High-Margin Innovation)
Grid-Tied Type Microgrid
Independent Type Microgrid
By Application: (Core Demand Driver vs Emerging Opportunity)
Commercial/Industrial
Community/Utility
Campus/Institutional
Military
Remote
Others
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., ABB in Europe)
- Emerging Product Trends: Grid-Tied Type Microgrid adoption vs. Independent Type Microgrid premiumization
- Demand-Side Dynamics: Commercial/Industrial growth in China vs. Community/Utility potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Microgrid Technology market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Independent Type Microgrid in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Community/Utility in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Microgrid Technology value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Grid-Tied Type Microgrid
1.2.3 Independent Type Microgrid
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Commercial/Industrial
1.3.3 Community/Utility
1.3.4 Campus/Institutional
1.3.5 Military
1.3.6 Remote
1.3.7 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Technology Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Microgrid Technology Revenue Market Share by Region (2020-2025)
2.4 Global Microgrid Technology Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Microgrid Technology Market Size and Prospective (2020-2031)
2.5.2 Europe Microgrid Technology Market Size and Prospective (2020-2031)
2.5.3 China Microgrid Technology Market Size and Prospective (2020-2031)
2.5.4 Japan Microgrid Technology Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Microgrid Technology Historic Market Size by Type (2020-2025)
3.2 Global Microgrid Technology Forecasted Market Size by Type (2026-2031)
3.3 Different Types Microgrid Technology Representative Players
4 Breakdown Data by Application
4.1 Global Microgrid Technology Historic Market Size by Application (2020-2025)
4.2 Global Microgrid Technology Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Microgrid Technology Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Microgrid Technology Players by Revenue (2020-2025)
5.1.2 Global Microgrid Technology Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Microgrid Technology Revenue
5.4 Global Microgrid Technology Market Concentration Analysis
5.4.1 Global Microgrid Technology Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Microgrid Technology Revenue in 2024
5.5 Global Key Players of Microgrid Technology Head office and Area Served
5.6 Global Key Players of Microgrid Technology, Product and Application
5.7 Global Key Players of Microgrid Technology, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Microgrid Technology Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Microgrid Technology Market Size by Type (2020-2025)
6.1.2.2 North America Microgrid Technology Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Microgrid Technology Market Size by Application (2020-2025)
6.1.3.2 North America Microgrid Technology Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Microgrid Technology Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Microgrid Technology Market Size by Type (2020-2025)
6.2.2.2 Europe Microgrid Technology Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Microgrid Technology Market Size by Application (2020-2025)
6.2.3.2 Europe Microgrid Technology Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Microgrid Technology Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Microgrid Technology Market Size by Type (2020-2025)
6.3.2.2 China Microgrid Technology Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Microgrid Technology Market Size by Application (2020-2025)
6.3.3.2 China Microgrid Technology Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Microgrid Technology Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Microgrid Technology Market Size by Type (2020-2025)
6.4.2.2 Japan Microgrid Technology Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Microgrid Technology Market Size by Application (2020-2025)
6.4.3.2 Japan Microgrid Technology Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
7 Key Players Profiles
7.1 ABB
7.1.1 ABB Company Details
7.1.2 ABB Business Overview
7.1.3 ABB Microgrid Technology Introduction
7.1.4 ABB Revenue in Microgrid Technology Business (2020-2025)
7.1.5 ABB Recent Development
7.2 GE
7.2.1 GE Company Details
7.2.2 GE Business Overview
7.2.3 GE Microgrid Technology Introduction
7.2.4 GE Revenue in Microgrid Technology Business (2020-2025)
7.2.5 GE Recent Development
7.3 Echelon
7.3.1 Echelon Company Details
7.3.2 Echelon Business Overview
7.3.3 Echelon Microgrid Technology Introduction
7.3.4 Echelon Revenue in Microgrid Technology Business (2020-2025)
7.3.5 Echelon Recent Development
7.4 S&C Electric
7.4.1 S&C Electric Company Details
7.4.2 S&C Electric Business Overview
7.4.3 S&C Electric Microgrid Technology Introduction
7.4.4 S&C Electric Revenue in Microgrid Technology Business (2020-2025)
7.4.5 S&C Electric Recent Development
7.5 Siemens
7.5.1 Siemens Company Details
7.5.2 Siemens Business Overview
7.5.3 Siemens Microgrid Technology Introduction
7.5.4 Siemens Revenue in Microgrid Technology Business (2020-2025)
7.5.5 Siemens Recent Development
7.6 General Microgrids
7.6.1 General Microgrids Company Details
7.6.2 General Microgrids Business Overview
7.6.3 General Microgrids Microgrid Technology Introduction
7.6.4 General Microgrids Revenue in Microgrid Technology Business (2020-2025)
7.6.5 General Microgrids Recent Development
7.7 Microgrid Solar
7.7.1 Microgrid Solar Company Details
7.7.2 Microgrid Solar Business Overview
7.7.3 Microgrid Solar Microgrid Technology Introduction
7.7.4 Microgrid Solar Revenue in Microgrid Technology Business (2020-2025)
7.7.5 Microgrid Solar Recent Development
7.8 Raytheon
7.8.1 Raytheon Company Details
7.8.2 Raytheon Business Overview
7.8.3 Raytheon Microgrid Technology Introduction
7.8.4 Raytheon Revenue in Microgrid Technology Business (2020-2025)
7.8.5 Raytheon Recent Development
7.9 Sunverge Energy
7.9.1 Sunverge Energy Company Details
7.9.2 Sunverge Energy Business Overview
7.9.3 Sunverge Energy Microgrid Technology Introduction
7.9.4 Sunverge Energy Revenue in Microgrid Technology Business (2020-2025)
7.9.5 Sunverge Energy Recent Development
7.10 Toshiba
7.10.1 Toshiba Company Details
7.10.2 Toshiba Business Overview
7.10.3 Toshiba Microgrid Technology Introduction
7.10.4 Toshiba Revenue in Microgrid Technology Business (2020-2025)
7.10.5 Toshiba Recent Development
7.11 NEC
7.11.1 NEC Company Details
7.11.2 NEC Business Overview
7.11.3 NEC Microgrid Technology Introduction
7.11.4 NEC Revenue in Microgrid Technology Business (2020-2025)
7.11.5 NEC Recent Development
7.12 Aquion Energy
7.12.1 Aquion Energy Company Details
7.12.2 Aquion Energy Business Overview
7.12.3 Aquion Energy Microgrid Technology Introduction
7.12.4 Aquion Energy Revenue in Microgrid Technology Business (2020-2025)
7.12.5 Aquion Energy Recent Development
7.13 EnStorage
7.13.1 EnStorage Company Details
7.13.2 EnStorage Business Overview
7.13.3 EnStorage Microgrid Technology Introduction
7.13.4 EnStorage Revenue in Microgrid Technology Business (2020-2025)
7.13.5 EnStorage Recent Development
7.14 SGCC
7.14.1 SGCC Company Details
7.14.2 SGCC Business Overview
7.14.3 SGCC Microgrid Technology Introduction
7.14.4 SGCC Revenue in Microgrid Technology Business (2020-2025)
7.14.5 SGCC Recent Development
7.15 Moixa
7.15.1 Moixa Company Details
7.15.2 Moixa Business Overview
7.15.3 Moixa Microgrid Technology Introduction
7.15.4 Moixa Revenue in Microgrid Technology Business (2020-2025)
7.15.5 Moixa Recent Development
7.16 EnSync
7.16.1 EnSync Company Details
7.16.2 EnSync Business Overview
7.16.3 EnSync Microgrid Technology Introduction
7.16.4 EnSync Revenue in Microgrid Technology Business (2020-2025)
7.16.5 EnSync Recent Development
7.17 Ampard
7.17.1 Ampard Company Details
7.17.2 Ampard Business Overview
7.17.3 Ampard Microgrid Technology Introduction
7.17.4 Ampard Revenue in Microgrid Technology Business (2020-2025)
7.17.5 Ampard Recent Development
7.18 Green Energy Corp
7.18.1 Green Energy Corp Company Details
7.18.2 Green Energy Corp Business Overview
7.18.3 Green Energy Corp Microgrid Technology Introduction
7.18.4 Green Energy Corp Revenue in Microgrid Technology Business (2020-2025)
7.18.5 Green Energy Corp Recent Development
7.19 Growing Energy Labs Inc
7.19.1 Growing Energy Labs Inc Company Details
7.19.2 Growing Energy Labs Inc Business Overview
7.19.3 Growing Energy Labs Inc Microgrid Technology Introduction
7.19.4 Growing Energy Labs Inc Revenue in Microgrid Technology Business (2020-2025)
7.19.5 Growing Energy Labs Inc Recent Development
7.20 HOMER Energy
7.20.1 HOMER Energy Company Details
7.20.2 HOMER Energy Business Overview
7.20.3 HOMER Energy Microgrid Technology Introduction
7.20.4 HOMER Energy Revenue in Microgrid Technology Business (2020-2025)
7.20.5 HOMER Energy Recent Development
7.21 Spirae
7.21.1 Spirae Company Details
7.21.2 Spirae Business Overview
7.21.3 Spirae Microgrid Technology Introduction
7.21.4 Spirae Revenue in Microgrid Technology Business (2020-2025)
7.21.5 Spirae Recent Development
8 Microgrid Technology Market Dynamics
8.1 Microgrid Technology Industry Trends
8.2 Microgrid Technology Market Drivers
8.3 Microgrid Technology Market Challenges
8.4 Microgrid Technology Market Restraints
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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
Ìý
Ìý
*If Applicable.
