Microgrid Market Expected to reach $95.16 billion by 2030, at a CAGR of 17.0%
The microgrid market is expected to grow from USD 43.47 billion in 2025 to USD 95.16 billion by 2030, at a CAGR of 17.0% from 2025 to 2030 . Key drivers for the microgrid market include the increasing need for energy resilience and uninterrupted power supply across commercial, industrial, and institutional facilities. Rising integration of renewable energy sources and advancements in battery storage and smart energy management systems enhance microgrid efficiency and flexibility. Supportive government policies, regulatory incentives, and decarbonization targets further encourage microgrid deployment. Additionally, the growing demand in remote and off-grid regions and cost reductions in distributed energy technologies boost adoption. The shift toward sustainable, localized power generation positions microgrids as a critical component of future energy infrastructure. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=917 By off...