Microgrid-as-a-Service (MaaS) Market Insights & 2033 Growth Forecast | Leading Companies in 2025 - Vernova, Eaton, Engie, PowerSecure, Inc., Aggreko, Caterpillar

Microgrid-as-a-service (Maas) Market reached US$ 3.1 billion in 2024 and is expected to reach US$ 8.3 billion by 2032, growing with a CAGR of 12.9% during the forecast period 2025-2032.

DataM Intelligence unveils its latest report on the "Microgrid as a service Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

Market Size and Forecast

2024 Market Size: US$ 3.1 Billion
2032 Projected Market Size: US$ 8.3 Billion
CAGR (2025-2032): 12.9%
Largest Market: Asia-Pacific
Fastest Market: North America

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Industry Trends and Strategic Insights

Asia-Pacific leads the microgrid-as-a-service (MaaS) market, accounting for the largest revenue share of 34.7% in 2024.

By grid type, grid-connected microgrids dominate the market, representing a substantial 67.5% share in 2024.

List of Top Key Player:

Schneider Electric, Siemens, ABB, GE Vernova, Eaton, Engie, PowerSecure, Inc., Aggreko, Caterpillar, and Spirae, LLC.

Industry Developments:

For instance, in September 2025, Unison Energy acquired the microgrid system at 125 Broad Street, providing resilient and sustainable power to a Class A office building. This initiative demonstrates how MaaS solutions enhance energy reliability, reduce grid dependency, and integrate clean energy supporting both operational efficiency and sustainability goals.

Similarly, on July 9, 2025, Alternus Clean Energy entered the UK renewable energy market through a partnership with microgrid innovator Hover Energy. This collaboration underscores growing efforts to expand sustainable microgrid deployments as businesses and governments work toward climate targets and improved energy resilience across industrial, commercial, and municipal sectors.

Forecast Projection:

The Global Microgrid as a service Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Intelligence Research Process:

The Microgrid as a service Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.

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Key Segmentation:

By Grid Type: (Grid-Connected Microgrids, Islanded)

By Service Type: (Engineering & Design, Monitoring & Control / Optimization, Software as a Service (SaaS), Operations & Maintenance (O&M))

By End-User: (Remote, Commercial & Industrial, Residential & Community, Military & Defense, Utilities, Others)

Rising Trends

Rising Adoption of Grid-Connected Microgrids Boosts Segment Growth

Grid-connected microgrids are anticipated to capture a major share of the global microgrid-as-a-service (MaaS) market in 2025. Their growing adoption across commercial complexes, industrial sites, and institutional campuses is driven by the need for improved energy reliability, cost efficiency, and seamless integration of renewable energy sources. These systems enable bidirectional energy flow allowing surplus energy from solar or wind to be supplied back to the main grid enhancing both operational efficiency and economic returns. Initiatives such as the U.S. Department of Energy's Community Microgrid Assistance Partnership (C-MAP) in 2024, supporting energy projects in underserved regions, underscore the increasing emphasis on grid-connected solutions for sustainable and cost-effective energy management.

Growing Demand for Energy Resilience Fuels Islanded Microgrid Adoption

Islanded microgrids are gaining momentum in the MaaS market due to their capability to operate independently from the main grid, providing reliable and autonomous energy in areas with limited or unstable grid access. These systems are vital for remote regions, disaster-prone zones, defense bases, hospitals, and other mission-critical facilities. Key projects launched in June 2025 such as Caterpillar's 750-kW microgrid in Guam to mitigate local grid challenges and the 18 MW Fort Sill project in Oklahoma integrating energy storage highlight their role in ensuring uninterrupted power. The rising need for energy resilience, independence, and sustainability continues to propel the adoption of islanded microgrids across diverse sectors.

Global Growth Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Regional Trends

Rising Adoption of Microgrid-as-a-Service in Asia-Pacific

The Asia-Pacific region dominates the global Microgrid-as-a-Service (MaaS) market, driven by rapid industrialization, growing manufacturing capacity, and rising demand from automotive and industrial sectors. China leads with strong investments in renewable energy and smart grid integration, while Japan contributes through advanced energy management technologies.

For example, in November 2023, EDP Renewables upgraded Singapore's Pulau Ubin microgrid with solar and battery storage, cutting diesel use by 100,000 liters and CO2 emissions by 268,000 kg annually reflecting the region's focus on sustainable and resilient energy systems.

India Microgrid-as-a-Service (MaaS) Market Outlook

India's MaaS market is growing rapidly, supported by "Make in India," renewable energy initiatives, and industrial expansion. Increasing adoption of smart grids and resilient energy systems is helping businesses improve efficiency and reliability, positioning India as a key emerging market in Asia.

China Microgrid-as-a-Service (MaaS) Market Trends

China remains the dominant player, driven by strong industrial demand and government-backed clean energy programs. Local and global collaborations are enhancing the scalability and cost-effectiveness of Maas solutions, reinforcing China's leadership in smart energy infrastructure.

Presence of Advanced Industrial Infrastructure in North America

North America represents a key region for Maas adoption, supported by advanced industries, smart grid innovation, and growing demand from manufacturing, oil & gas, and aerospace sectors.

US Microgrid-as-a-Service (MaaS) Market Insights

The US leads the regional market, with growing adoption of Maas to enhance energy reliability and sustainability. Initiatives like SoftBank Robotics Connect and SolMicroGrid's EaaS program highlight the country's focus on scalable, efficient energy solutions.

Canada Microgrid-as-a-Service (MaaS) Industry Growth

Canada's market is expanding steadily, driven by its renewable energy focus and industries such as mining, oil & gas, and aerospace. Ongoing projects in Quebec and Ontario emphasize the country's commitment to energy resilience and clean power integration.

Benefits of the Report:

Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Microgrid as a service Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.

Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.

Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.

Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.

Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.

Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.

Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.

Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.

Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.

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FAQ's

Q1: How fast is the Microgrid as a service Market expected to grow in the coming years?

A: The market is forecast to expand at a robust CAGR of 12.9% between 2025 and 2032, signaling strong global growth and investment potential.

Q2: Which regions are dominating the Microgrid as a service Market and which are fastest-growing?

A: Asia-Pacific dominating the Microgrid as a service market.

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