Leading Companies Enhancing Their Presence in the Microgrid Market

The microgrid industry is rapidly evolving as a crucial component of modern energy infrastructure. With increasing focus on energy reliability, sustainability, and advanced technology integration, this sector is set for impressive growth. Let's explore the market size projections, key players, latest trends, and segmentation details shaping the future of microgrids.

Projected Market Size Expansion in the Microgrid Industry
The microgrid market is on track for substantial growth, anticipated to reach $44.35 billion by 2030. This expansion is expected to occur at a compound annual growth rate (CAGR) of 16.9%. Several factors contribute to this surge, including heightened demand for dependable backup power, a boost in investments towards upgrading smart grids, ongoing electrification efforts, increased use of AI-driven energy management systems, and the rising adoption of microgrids within commercial and community sectors. Leading trends influencing this growth phase include the wider implementation of renewable energy-integrated microgrids, growing use of IoT-enabled monitoring systems for microgrids, greater deployment of intelligent manufacturing components, and enhanced AI-based optimization techniques supporting microgrid development.

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Primary Forces Advancing the Microgrid Market Growth
One major driver is the increasing need for reliable backup power solutions, especially in the face of growing energy demands and grid vulnerabilities. Consumers and businesses alike are seeking energy systems that can maintain consistent power supply during outages or peak consumption periods.
Additionally, the modernization of power grids through smart technologies is pushing investments into microgrid infrastructure. This shift supports more efficient and flexible energy distribution, enabling better integration of renewable sources and improved overall grid management.

Important Companies Leading the Microgrid Sector
The microgrid marketplace features numerous influential players, including General Electric Company, Schneider Electric SE, ABB Group, Siemens AG, Toshiba Corporation, and Eaton Corporation PLC. Others making significant contributions include Engie SA, Hitachi Ltd, S&C Electric Company, CleanSpark Inc., Sungrow Power Supply Co. Ltd., and Shenzhen Cubenergy Co. Ltd. Additionally, firms like ShanghAI Dowell Technology Co. Ltd., ShanghAI Ghrepower Green Energy Co. Ltd., Shenzhen Sinexcel Electric Co. Ltd., Enervalis NV, and Younicos GmbH are active participants. Additional names in the space are Supreme Power Solutions Co. Ltd., Phono Solar Technology Co. Ltd., Rolls-Royce Power Systems AG, Capstone Turbine Corporation, Elum Energy, CebeEnergy GmbH, AMS (Advanced Microgrid Solutions), Caterpillar Inc., enSYNC Corporation, Lockheed Martin Corporation, Power Analytics Corporation, LO3 Energy Inc., HOMER Energy LLC, PowerSecure Inc., Primus Power Corporation, Powin Inc., Voltalia SA, Reuniwatt SAS, Neoenergia SA, Iberdrola SA, HIMOINSA SL, Total Eren SA, Nidec Industrial Solutions, ALEC Energy, Mohamed Abdulrahman Al Bahar LLC, Husk Power Systems, and Engie Energy Access.

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Noteworthy Acquisition Supporting Market Growth
In January 2025, EQT Transition Infrastructure, an investment firm based in Sweden, acquired Scale Microgrids, a US-based developer and owner of distributed energy resources, for an undisclosed sum. This strategic move aims to accelerate EQT's growth in distributed energy infrastructure by integrating a vertically consolidated microgrid company with an extensive project pipeline across North America.

Emerging Focus on Green Hydrogen Microgrids in the Industry
A prominent trend gaining momentum in the microgrid sector is the development of green hydrogen microgrids. Green hydrogen is produced by splitting water into hydrogen and oxygen using renewable energy sources such as wind and solar power. Companies active in microgrid development are prioritizing eco-conscious solutions like green hydrogen systems to help reduce environmental carbon footprints.
For example, in April 2024, Advait Infratech, an Indian power transmission company, launched India's first Green Hydrogen Microgrid. This innovative setup features a 300-kW electrolyzer capable of generating 50 kilograms of high-purity hydrogen daily during daylight, harnessing renewable energy efficiently. The hydrogen produced is stored in a pressurized 24 cubic meter tank at 30 bar, ensuring a dependable energy supply when needed. This project reflects Advait's commitment to sustainability by advancing hydrogen-based energy technologies that minimize carbon emissions.

Breakdown of Microgrid Market Segments and Applications
The microgrid market is categorized into several important segments:
1) By Type: AC Microgrid, DC Microgrid, and Hybrid Microgrid
2) By Connectivity: Grid Connected and Off-Grid Connected
3) By Component: Hardware, Software, and Services
4) By Application: Remote Systems, Institutional Buildings, and Community and Utility Distribution
5) By End-User: Commercial and Industrial, Institutes and Campuses, and Defense and Military sectors

Further Subdivisions Within Types
Within AC Microgrids, subcategories include Utility-Connected AC Microgrids, Islanded AC Microgrids, and Community AC Microgrids.
For DC Microgrids, segments include Standalone DC Microgrids, DC Microgrids for Renewable Integration, and DC Microgrids designed specifically for Data Centers.
Hybrid Microgrids are further divided into AC or DC Hybrid Microgrids, Renewable Energy Integrated Hybrid Microgrids, and Conventional and Renewable Hybrid Microgrids.

This detailed segmentation provides valuable insight into the diverse microgrid solutions available, catering to a wide range of customer needs and use cases across sectors.

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