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 Microgrid - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Microgrid was estimated to be worth US$ 36272 million in 2024 and is forecast to a readjusted size of US$ 78014 million by 2031 with a CAGR of 11.7% during the forecast period... もっと見る
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SummaryThe global market for Microgrid was estimated to be worth US$ 36272 million in 2024 and is forecast to a readjusted size of US$ 78014 million by 2031 with a CAGR of 11.7% during the forecast period 2025-2031.A microgrid is a localized, independently controllable energy network that includes energy generation, energy storage, and loads. It functions as a single entity, able to connect to the larger utility grid for normal operation or disconnect to operate autonomously in "island mode," often to provide reliable power during main grid outages or for remote locations. Microgrids integrate diverse resources like solar, wind, and battery storage to meet local energy demands for areas such as university campuses, hospitals, or business parks. Policy driven and globally coordinated development Major economies around the world are promoting the construction of microgrids through policy guidance, and China's "14th Five Year Plan" for modern energy system clearly requires the promotion of microgrid applications in remote areas, industrial parks, and other scenarios. The EU's Renewable Energy Directive and the US Department of Energy's Microgrid Roadmap also list it as a key technology for improving energy self-sufficiency and grid resilience. The International Energy Agency (IEA) is promoting global microgrid standard collaboration to provide a unified framework for industry globalization. Technological integration and intelligent upgrading Microgrid technology is upgrading from single energy integration to full process intelligence: Internet of Things (IoT) and AI: Real time monitoring and collaborative control of distributed energy, energy storage devices, and loads, with AI algorithms optimizing system efficiency through predictive maintenance and dynamic pricing. Blockchain technology: Ensuring data security and transparency for decentralized energy transactions. New energy storage technologies: High energy density energy storage technologies such as flow batteries and solid-state batteries enhance system stability. Diversified expansion of application scenarios The application scenarios of microgrids extend from traditional remote power supply to emerging fields: Industrial park: Reduce electricity costs and achieve energy self-sufficiency through multi energy complementarity. Urban emergency support: Independent power supply capability has become a key support for disaster resistance. In the field of transportation, smart microgrids support the development of electric vehicle charging stations and green transportation. Future Core Trends Decentralization and digitalization: Microgrids will deeply integrate the Internet of Things, AI, and blockchain to form a dynamic balance system of "source network load storage". Greening and resilience enhancement: Through the integration of renewable energy and intelligent regulation, microgrids will become a key node in the new power system. This report aims to provide a comprehensive presentation of the global market for Microgrid, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Microgrid by region & country, by Type, and by Application. The Microgrid market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microgrid. Market Segmentation By Company ABB GE Aquion Energy S&C Electric Company Eaton Corporation Siemens Toshiba General Microgrids Lockheed Martin State Grid Corporation of China (SGCC) China Southern Power Grid (CSG) Huawei Technologies Sungrow Power Supply Trina Solar TGOOD Electric Goldwind Science & Technology EAST Group Zhongteng Microgrid Technology Segment by Type Grid-Tied Independent Segment by Application Commercial or Industrial Microgrid Community or Utility Microgrid Campus or Institutional Microgrid Military Microgrid Remote Microgrid By Region North America United States Canada Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia-Pacific Europe Germany France U.K. Italy Netherlands Nordic Countries Rest of Europe Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Chapter Outline Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Chapter 2: Detailed analysis of Microgrid company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Revenue of Microgrid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world. Chapter 6: Revenue of Microgrid in country level. It provides sigmate data by Type, and by Application for each country/region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Chapter 9: Conclusion. Table of Contents1 Market Overview1.1 Microgrid Product Introduction 1.2 Global Microgrid Market Size Forecast (2020-2031) 1.3 Microgrid Market Trends & Drivers 1.3.1 Microgrid Industry Trends 1.3.2 Microgrid Market Drivers & Opportunity 1.3.3 Microgrid Market Challenges 1.3.4 Microgrid Market Restraints 1.4 Assumptions and Limitations 1.5 Study Objectives 1.6 Years Considered 2 Competitive Analysis by Company 2.1 Global Microgrid Players Revenue Ranking (2024) 2.2 Global Microgrid Revenue by Company (2020-2025) 2.3 Key Companies Microgrid Manufacturing Base Distribution and Headquarters 2.4 Key Companies Microgrid Product Offered 2.5 Key Companies Time to Begin Mass Production of Microgrid 2.6 Microgrid Market Competitive Analysis 2.6.1 Microgrid Market Concentration Rate (2020-2025) 2.6.2 Global 5 and 10 Largest Companies by Microgrid Revenue in 2024 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024) 2.7 Mergers & Acquisitions, Expansion 3 Segmentation by Type 3.1 Introduction by Type 3.1.1 Grid-Tied 3.1.2 Independent 3.2 Global Microgrid Sales Value by Type 3.2.1 Global Microgrid Sales Value by Type (2020 VS 2024 VS 2031) 3.2.2 Global Microgrid Sales Value, by Type (2020-2031) 3.2.3 Global Microgrid Sales Value, by Type (%) (2020-2031) 4 Segmentation by Application 4.1 Introduction by Application 4.1.1 Commercial or Industrial Microgrid 4.1.2 Community or Utility Microgrid 4.1.3 Campus or Institutional Microgrid 4.1.4 Military Microgrid 4.1.5 Remote Microgrid 4.2 Global Microgrid Sales Value by Application 4.2.1 Global Microgrid Sales Value by Application (2020 VS 2024 VS 2031) 4.2.2 Global Microgrid Sales Value, by Application (2020-2031) 4.2.3 Global Microgrid Sales Value, by Application (%) (2020-2031) 5 Segmentation by Region 5.1 Global Microgrid Sales Value by Region 5.1.1 Global Microgrid Sales Value by Region: 2020 VS 2024 VS 2031 5.1.2 Global Microgrid Sales Value by Region (2020-2025) 5.1.3 Global Microgrid Sales Value by Region (2026-2031) 5.1.4 Global Microgrid Sales Value by Region (%), (2020-2031) 5.2 North America 5.2.1 North America Microgrid Sales Value, 2020-2031 5.2.2 North America Microgrid Sales Value by Country (%), 2024 VS 2031 5.3 Europe 5.3.1 Europe Microgrid Sales Value, 2020-2031 5.3.2 Europe Microgrid Sales Value by Country (%), 2024 VS 2031 5.4 Asia Pacific 5.4.1 Asia Pacific Microgrid Sales Value, 2020-2031 5.4.2 Asia Pacific Microgrid Sales Value by Region (%), 2024 VS 2031 5.5 South America 5.5.1 South America Microgrid Sales Value, 2020-2031 5.5.2 South America Microgrid Sales Value by Country (%), 2024 VS 2031 5.6 Middle East & Africa 5.6.1 Middle East & Africa Microgrid Sales Value, 2020-2031 5.6.2 Middle East & Africa Microgrid Sales Value by Country (%), 2024 VS 2031 6 Segmentation by Key Countries/Regions 6.1 Key Countries/Regions Microgrid Sales Value Growth Trends, 2020 VS 2024 VS 2031 6.2 Key Countries/Regions Microgrid Sales Value, 2020-2031 6.3 United States 6.3.1 United States Microgrid Sales Value, 2020-2031 6.3.2 United States Microgrid Sales Value by Type (%), 2024 VS 2031 6.3.3 United States Microgrid Sales Value by Application, 2024 VS 2031 6.4 Europe 6.4.1 Europe Microgrid Sales Value, 2020-2031 6.4.2 Europe Microgrid Sales Value by Type (%), 2024 VS 2031 6.4.3 Europe Microgrid Sales Value by Application, 2024 VS 2031 6.5 China 6.5.1 China Microgrid Sales Value, 2020-2031 6.5.2 China Microgrid Sales Value by Type (%), 2024 VS 2031 6.5.3 China Microgrid Sales Value by Application, 2024 VS 2031 6.6 Japan 6.6.1 Japan Microgrid Sales Value, 2020-2031 6.6.2 Japan Microgrid Sales Value by Type (%), 2024 VS 2031 6.6.3 Japan Microgrid Sales Value by Application, 2024 VS 2031 6.7 South Korea 6.7.1 South Korea Microgrid Sales Value, 2020-2031 6.7.2 South Korea Microgrid Sales Value by Type (%), 2024 VS 2031 6.7.3 South Korea Microgrid Sales Value by Application, 2024 VS 2031 6.8 Southeast Asia 6.8.1 Southeast Asia Microgrid Sales Value, 2020-2031 6.8.2 Southeast Asia Microgrid Sales Value by Type (%), 2024 VS 2031 6.8.3 Southeast Asia Microgrid Sales Value by Application, 2024 VS 2031 6.9 India 6.9.1 India Microgrid Sales Value, 2020-2031 6.9.2 India Microgrid Sales Value by Type (%), 2024 VS 2031 6.9.3 India Microgrid Sales Value by Application, 2024 VS 2031 7 Company Profiles 7.1 ABB 7.1.1 ABB Profile 7.1.2 ABB Main Business 7.1.3 ABB Microgrid Products, Services and Solutions 7.1.4 ABB Microgrid Revenue (US$ Million) & (2020-2025) 7.1.5 ABB Recent Developments 7.2 GE 7.2.1 GE Profile 7.2.2 GE Main Business 7.2.3 GE Microgrid Products, Services and Solutions 7.2.4 GE Microgrid Revenue (US$ Million) & (2020-2025) 7.2.5 GE Recent Developments 7.3 Aquion Energy 7.3.1 Aquion Energy Profile 7.3.2 Aquion Energy Main Business 7.3.3 Aquion Energy Microgrid Products, Services and Solutions 7.3.4 Aquion Energy Microgrid Revenue (US$ Million) & (2020-2025) 7.3.5 Aquion Energy Recent Developments 7.4 S&C Electric Company 7.4.1 S&C Electric Company Profile 7.4.2 S&C Electric Company Main Business 7.4.3 S&C Electric Company Microgrid Products, Services and Solutions 7.4.4 S&C Electric Company Microgrid Revenue (US$ Million) & (2020-2025) 7.4.5 S&C Electric Company Recent Developments 7.5 Eaton Corporation 7.5.1 Eaton Corporation Profile 7.5.2 Eaton Corporation Main Business 7.5.3 Eaton Corporation Microgrid Products, Services and Solutions 7.5.4 Eaton Corporation Microgrid Revenue (US$ Million) & (2020-2025) 7.5.5 Eaton Corporation Recent Developments 7.6 Siemens 7.6.1 Siemens Profile 7.6.2 Siemens Main Business 7.6.3 Siemens Microgrid Products, Services and Solutions 7.6.4 Siemens Microgrid Revenue (US$ Million) & (2020-2025) 7.6.5 Siemens Recent Developments 7.7 Toshiba 7.7.1 Toshiba Profile 7.7.2 Toshiba Main Business 7.7.3 Toshiba Microgrid Products, Services and Solutions 7.7.4 Toshiba Microgrid Revenue (US$ Million) & (2020-2025) 7.7.5 Toshiba Recent Developments 7.8 General Microgrids 7.8.1 General Microgrids Profile 7.8.2 General Microgrids Main Business 7.8.3 General Microgrids Microgrid Products, Services and Solutions 7.8.4 General Microgrids Microgrid Revenue (US$ Million) & (2020-2025) 7.8.5 General Microgrids Recent Developments 7.9 Lockheed Martin 7.9.1 Lockheed Martin Profile 7.9.2 Lockheed Martin Main Business 7.9.3 Lockheed Martin Microgrid Products, Services and Solutions 7.9.4 Lockheed Martin Microgrid Revenue (US$ Million) & (2020-2025) 7.9.5 Lockheed Martin Recent Developments 7.10 State Grid Corporation of China (SGCC) 7.10.1 State Grid Corporation of China (SGCC) Profile 7.10.2 State Grid Corporation of China (SGCC) Main Business 7.10.3 State Grid Corporation of China (SGCC) Microgrid Products, Services and Solutions 7.10.4 State Grid Corporation of China (SGCC) Microgrid Revenue (US$ Million) & (2020-2025) 7.10.5 State Grid Corporation of China (SGCC) Recent Developments 7.11 China Southern Power Grid (CSG) 7.11.1 China Southern Power Grid (CSG) Profile 7.11.2 China Southern Power Grid (CSG) Main Business 7.11.3 China Southern Power Grid (CSG) Microgrid Products, Services and Solutions 7.11.4 China Southern Power Grid (CSG) Microgrid Revenue (US$ Million) & (2020-2025) 7.11.5 China Southern Power Grid (CSG) Recent Developments 7.12 Huawei Technologies 7.12.1 Huawei Technologies Profile 7.12.2 Huawei Technologies Main Business 7.12.3 Huawei Technologies Microgrid Products, Services and Solutions 7.12.4 Huawei Technologies Microgrid Revenue (US$ Million) & (2020-2025) 7.12.5 Huawei Technologies Recent Developments 7.13 Sungrow Power Supply 7.13.1 Sungrow Power Supply Profile 7.13.2 Sungrow Power Supply Main Business 7.13.3 Sungrow Power Supply Microgrid Products, Services and Solutions 7.13.4 Sungrow Power Supply Microgrid Revenue (US$ Million) & (2020-2025) 7.13.5 Sungrow Power Supply Recent Developments 7.14 Trina Solar 7.14.1 Trina Solar Profile 7.14.2 Trina Solar Main Business 7.14.3 Trina Solar Microgrid Products, Services and Solutions 7.14.4 Trina Solar Microgrid Revenue (US$ Million) & (2020-2025) 7.14.5 Trina Solar Recent Developments 7.15 TGOOD Electric 7.15.1 TGOOD Electric Profile 7.15.2 TGOOD Electric Main Business 7.15.3 TGOOD Electric Microgrid Products, Services and Solutions 7.15.4 TGOOD Electric Microgrid Revenue (US$ Million) & (2020-2025) 7.15.5 TGOOD Electric Recent Developments 7.16 Goldwind Science & Technology 7.16.1 Goldwind Science & Technology Profile 7.16.2 Goldwind Science & Technology Main Business 7.16.3 Goldwind Science & Technology Microgrid Products, Services and Solutions 7.16.4 Goldwind Science & Technology Microgrid Revenue (US$ Million) & (2020-2025) 7.16.5 Goldwind Science & Technology Recent Developments 7.17 EAST Group 7.17.1 EAST Group Profile 7.17.2 EAST Group Main Business 7.17.3 EAST Group Microgrid Products, Services and Solutions 7.17.4 EAST Group Microgrid Revenue (US$ Million) & (2020-2025) 7.17.5 EAST Group Recent Developments 7.18 Zhongteng Microgrid Technology 7.18.1 Zhongteng Microgrid Technology Profile 7.18.2 Zhongteng Microgrid Technology Main Business 7.18.3 Zhongteng Microgrid Technology Microgrid Products, Services and Solutions 7.18.4 Zhongteng Microgrid Technology Microgrid Revenue (US$ Million) & (2020-2025) 7.18.5 Zhongteng Microgrid Technology Recent Developments 8 Industry Chain Analysis 8.1 Microgrid Industrial Chain 8.2 Microgrid Upstream Analysis 8.2.1 Key Raw Materials 8.2.2 Raw Materials Key Suppliers 8.2.3 Manufacturing Cost Structure 8.3 Midstream Analysis 8.4 Downstream Analysis (Customers Analysis) 8.5 Sales Model and Sales Channels 8.5.1 Microgrid Sales Model 8.5.2 Sales Channel 8.5.3 Microgrid Distributors 9 Research Findings and Conclusion 10 Appendix 10.1 Research Methodology 10.1.1 Methodology/Research Approach 10.1.1.1 Research Programs/Design 10.1.1.2 Market Size Estimation 10.1.1.3 Market Breakdown and Data Triangulation 10.1.2 Data Source 10.1.2.1 Secondary Sources 10.1.2.2 Primary Sources 10.2 Author Details 10.3 Disclaimer
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