Microgrid Market Powers the Future: Decentralized Energy Gains Global Momentum 2026-2034 | Major Companies - ABB Ltd, Eaton Corporation PLC, General Electric, Siemens AG, Exelon Corporation.

Market Overview:

The Microgrid Market is expected to grow at a CAGR of 13.0% during the forecast period 2024-2031.

The Microgrid Market refers to the industry focused on developing, deploying, and managing localized energy systems that operate independently or alongside the main power grid. It includes hardware, software, and services enabling reliable, efficient, and resilient electricity generation, storage, and distribution using renewable and conventional energy sources.

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Recent Key Developments of United States:

✅ January 2026: Schneider Electric partnered with utilities in Texas to install 50 MW of community microgrids, focusing on grid independence during peak loads.

✅ December 2025: General Electric launched a hybrid solar-storage microgrid project for military bases in California, integrating AI for demand forecasting.

✅ November 2025: The U.S. Department of Energy awarded $150 million in grants to deploy microgrids in rural areas, enhancing energy resilience against extreme weather.

Recent Key Developments of Japan:

✅ January 2026: Mitsubishi Heavy Industries unveiled an offshore microgrid prototype near Kyushu, powered by wave energy and batteries for remote islands.

✅ December 2025: The Japanese government initiated a national pilot for urban microgrids in Tokyo, subsidized under the Green Growth Strategy to cut emissions by 20%.

✅ November 2025: Toshiba completed a 10 MW microgrid on Hokkaido island, incorporating hydrogen fuel cells for disaster recovery post-typhoon season.
List of the Key Players in the Microgrid Market:

ABB Ltd
Eaton Corporation PLC
General Electric
Siemens AG
Exelon Corporation
Honeywell
Power Analytics
Homer Energy
S&C Electric
Schneider Electric

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Microgrid Market:

By Type: Ground Mounted Solar Installations, Grid Connected, Remote / Island, Hybrid.

By Component: Generation, Switchgear, Controls, Cables, Software and services.

By End User: Government Institutions, Residential and Commercial Buildings, Industrial, Others.

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)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Microgrid market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Microgrid Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Microgrid market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Microgrid Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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