Press release
Microgrid Market to Reach USD 79.4 Billion by 2030
Microgrid Market
Pune, India - Exactitude Consultancy announces its latest research on the Microgrid Market, highlighting rapid expansion driven by climate resilience demands, rising renewable energy installations, global electrification efforts, and increased vulnerability of centralized power grids. Microgrids-localized energy systems capable of operating independently-are emerging as a critical solution for energy security and sustainability.
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Key Takeaways
• Market Size (2030): USD 79.4 Billion
• CAGR (2025-2030): 14.2%
• Renewable microgrids and hybrid microgrids dominate the market.
• Remote and island regions adopting microgrids for reliability and cost savings.
• Asia Pacific and North America leading global installations.
Market Story: Why Microgrids Are the Future of Distributed Energy
As climate change intensifies and grid outages become more frequent, microgrids ensure energy continuity, especially in:
• Industrial facilities
• Hospitals & campuses
• Military bases
• Remote/off-grid communities
• Mining & oilfield sites
• Data centers
• Smart cities
Microgrids combine renewable generation (solar, wind), energy storage, and intelligent control systems to deliver:
• Lower energy costs
• Reduced carbon footprint
• High reliability and resilience
• Grid independence during outages
• Scalability for future energy demand
Digitalization, IoT sensors, AI-driven energy optimization, and modern power electronics further enhance microgrid performance.
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Market Segmentation
By Type
• Grid-Connected Microgrids - Largest share
• Off-Grid/Remote Microgrids
• Hybrid Microgrids
By Component
• Energy Generation (Solar, Wind, Fuel Cells, CHP)
• Energy Storage (Batteries, Flywheels)
• Control Systems (EMS, SCADA)
• Distribution & Switchgear
• Software & Energy Management Platforms
• Services (Engineering, Deployment, Maintenance)
By Power Source
• Renewable Energy - Fastest growing
• Fossil Fuel Generators
• Combined Heat & Power (CHP)
• Fuel Cells
• Hybrid Systems
By Application
• Commercial & Industrial
• Remote Areas & Islands
• Utility & Grid Support
• Military & Defense
• Residential Communities
• Healthcare & Academic Campuses
• Mining, Oil & Gas Sites
By Region
• North America - Strongest adoption due to power resilience needs
• Asia Pacific - Fastest growth due to rural electrification & industrial demand
• Europe - Focus on renewable microgrids & community energy systems
• Latin America - Adoption rising in mining and isolated grids
• Middle East & Africa - High potential for solar + storage microgrids
Recent Developments
• Siemens deployed advanced microgrid controllers for smart city energy systems.
• Schneider Electric launched AI-based microgrid optimization solutions.
• ABB expanded its modular microgrid portfolio for industrial customers.
• Tesla deployed large-scale solar + battery microgrids for island regions.
• Eaton introduced resilient microgrid-in-a-box solutions for commercial facilities.
• Hitachi Energy integrated next-generation power electronics to improve microgrid stability.
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Expert Quote
"Microgrids are becoming essential for energy resilience and decarbonization. With rising outages, renewable adoption, and digital optimization, microgrids provide secure, clean, and cost-efficient power solutions for industries and communities worldwide,"
- Irfan Tamboli, Business Development Executive, Exactitude Consultancy
Key Drivers
• Rapid expansion of renewable energy capacity
• Increasing power outages and grid instability
• Growing demand for energy security in industrial facilities
• Rural electrification programs across Asia & Africa
• Advancements in batteries & smart energy management systems
• Cost reductions in solar, storage, and inverter technologies
Forecast Outlook (2025-2030)
The Microgrid Market is projected to grow at 14.2% CAGR, driven by renewable integration, distributed energy policies, and increased deployment across commercial, military, and remote regions. By 2030, microgrids will play a central role in global energy resilience and decentralized power planning.
Regional Insights
• North America:
o Strong government-funded resilience projects
• Asia Pacific:
o Fastest adoption driven by rural electrification and industrial growth
• Europe:
o Community microgrids and renewable integration accelerating
Conclusion
Microgrids offer a reliable, sustainable, and intelligent energy solution for the future. As power grids become more strained and renewable mandates rise, microgrids provide the flexibility, resilience, and efficiency needed to meet the energy needs of tomorrow's world.
This report is also available in the following languages : Japanese (マイクログリッド市場), Korean (마이크로그리드 시장), Chinese (微电网市场), French (Marché des micro-réseaux), German (Markt für Mikronetze), and Italian (Mercato delle microreti), etc.
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Connect Us:
Irfan Tamboli
PHONE NUMBER +1 (704) 266-3234
EMAIL ADDRESS: sales@exactitudeconsultancy.com
About Us
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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