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28 Apr 2023  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Demand for Electrification, Renewables, and Grid Resilience Drive Future Growth Potential
The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...
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20 Dec 2021  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Microgrids Will Bolster Transition to Distributed Energy Systems and Help Grids Provide Local Energy Resilience
The global microgrids market will experience strong revenue growth, increasing from $8.85 billion in 2021 to $19.55 billion in 2030. North America and Asia-Pacific (APAC) will be the leading markets from 2021 to 2030. However, APAC will outpace North America and hold the highest share in the long term, focusing on remote microgrids. With largely se...
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