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Microgrid Market by Connectivity, Future Demands, and Key Players, 2026
Scope of The Report
Research report categorizes the Microgrid Market
based on Connectivity, Offering, End-Use, Grid Type and Region.
And More…
By Offering
• Hardware
• Software
• Service
By Connectivity
• Grid Connected
• Off-Grid Connected
Key Segments
Americas to hold the largest market share in 2020.
The growth of the microgrid market is driven by factors such as rising fo
cus on decarbonization by various end users and government, increasin
g demand for uninterrupted power supply, growing adoption of microgri
ds for rural electrification, and rising instances of cyberattacks on energ
y infrastructures.
Browse 181 market data Tables and 61 Figures spread through 249
Pages and in-depth TOC on "Microgrid Market”.
The hardware segment to hold the largest market share in 2026
The controllers for microgrid hardware segment to register higher CA
GR during the forecast period
The grid connected segment to hold the largest market share in 2026
The global microgrid market is estimated to grow from USD 24.6 billion in
2021 to USD 42.3 billion by 2026 at a CAGR of 11.4% during 2021–2026.
1
2
3
4
5
Microgrid Market Growth Rate
2026
Market Size of $
24.6 billion
Market Size of
$ 42.3 billion
2021
CAGR of 11.4%
Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/micro-
grid-electronics-market-917.html
• ABB (ABB, Switzerland)
• General Electric Company (GE, US)
• Siemens AG (Siemens, Germany)
• Eaton Corporation Inc. (Eaton, Ireland)
• Schneider Electric SE (Schneider Electric, France)
• Honeywell International Inc. (Honeywell, US)
• HOMER Energy LLC (Homer Energy, US)
• S&C Electric Company (S&C Electric, US)
Top Region..
• North America
• Europe
• APAC
• RoW
View Report Here - https://www.marketsandmarkets.com/Market-Reports/micro-grid-electronics-market-917.h
tml
1. What is the current size of the global microgrid market?
2. Who are the key players in the global microgrid market?
3. What is the COVID-19 impact on microgrid suppliers?
4. What are the opportunities for the existing players and for those who are planning to enter
various stages of the microgrid value chain?
Key Questions Answered in Our Report
MarketsandMarkets’ Value Proposition
How are we different?
 Most-detailed market segmentation in industry
 In-depth analysis of patents & profiles of key m
arket players providing a competitive landscape
 Market data for segments such as technologie
s, services & applications across geographi
es
 High level analysis of major market segments a
nd identification of opportunities
MarketsandMarkets’ Delivery Model
Here's how we can help you...
 Research coverage can be a wide range in varied or niche categories in the published da
ta or custom-made as per client's projects
 Assess New Product Development from inception to launch
 Optimize investments in established brands and recommend new approaches in global te
rritories
 Discover potential in new geographical markets and analyze how to successfully expand i
nto them
 Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Lands
cape
MarketsandMarkets’ Our Expertise
Our Expertise
 Compelling Business cases Market size Estimations
 Company & Market Best Practices
 Entry or Go-To-Market strategies
 Market Dynamics, Positioning and Segmentations
 Competitive Landscaping and Benchmarking
 Opportunity Analysis
 Economic Forecasting
 Industry-specific Technology solutions
 Roadmap Analysis
Stay in touch
sales@marketsandmarkets.com
Or you can visit us:
https://www.marketsandmarkets.com/
USA address
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Corporate Headquarters
MarketsandMarkets™ Research Private Ltd.
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India
+1-888-600-6441
Our Report Covers –
Market Scenarios, Vendor
landscape & Industry Road Maps.
Get Free 10% Customization in this report

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Microgrid Market Size to Reach $42.3B by 2026

  • 1. Microgrid Market by Connectivity, Future Demands, and Key Players, 2026
  • 2. Scope of The Report Research report categorizes the Microgrid Market based on Connectivity, Offering, End-Use, Grid Type and Region. And More… By Offering • Hardware • Software • Service By Connectivity • Grid Connected • Off-Grid Connected
  • 3. Key Segments Americas to hold the largest market share in 2020. The growth of the microgrid market is driven by factors such as rising fo cus on decarbonization by various end users and government, increasin g demand for uninterrupted power supply, growing adoption of microgri ds for rural electrification, and rising instances of cyberattacks on energ y infrastructures. Browse 181 market data Tables and 61 Figures spread through 249 Pages and in-depth TOC on "Microgrid Market”. The hardware segment to hold the largest market share in 2026 The controllers for microgrid hardware segment to register higher CA GR during the forecast period The grid connected segment to hold the largest market share in 2026 The global microgrid market is estimated to grow from USD 24.6 billion in 2021 to USD 42.3 billion by 2026 at a CAGR of 11.4% during 2021–2026. 1 2 3 4 5
  • 4. Microgrid Market Growth Rate 2026 Market Size of $ 24.6 billion Market Size of $ 42.3 billion 2021 CAGR of 11.4%
  • 5. Key Vendors Vendors View Report Here - https://www.marketsandmarkets.com/Market-Reports/micro- grid-electronics-market-917.html • ABB (ABB, Switzerland) • General Electric Company (GE, US) • Siemens AG (Siemens, Germany) • Eaton Corporation Inc. (Eaton, Ireland) • Schneider Electric SE (Schneider Electric, France) • Honeywell International Inc. (Honeywell, US) • HOMER Energy LLC (Homer Energy, US) • S&C Electric Company (S&C Electric, US)
  • 6. Top Region.. • North America • Europe • APAC • RoW View Report Here - https://www.marketsandmarkets.com/Market-Reports/micro-grid-electronics-market-917.h tml
  • 7. 1. What is the current size of the global microgrid market? 2. Who are the key players in the global microgrid market? 3. What is the COVID-19 impact on microgrid suppliers? 4. What are the opportunities for the existing players and for those who are planning to enter various stages of the microgrid value chain? Key Questions Answered in Our Report
  • 8. MarketsandMarkets’ Value Proposition How are we different?  Most-detailed market segmentation in industry  In-depth analysis of patents & profiles of key m arket players providing a competitive landscape  Market data for segments such as technologie s, services & applications across geographi es  High level analysis of major market segments a nd identification of opportunities
  • 9. MarketsandMarkets’ Delivery Model Here's how we can help you...  Research coverage can be a wide range in varied or niche categories in the published da ta or custom-made as per client's projects  Assess New Product Development from inception to launch  Optimize investments in established brands and recommend new approaches in global te rritories  Discover potential in new geographical markets and analyze how to successfully expand i nto them  Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Lands cape
  • 10. MarketsandMarkets’ Our Expertise Our Expertise  Compelling Business cases Market size Estimations  Company & Market Best Practices  Entry or Go-To-Market strategies  Market Dynamics, Positioning and Segmentations  Competitive Landscaping and Benchmarking  Opportunity Analysis  Economic Forecasting  Industry-specific Technology solutions  Roadmap Analysis
  • 11.
  • 12.
  • 13. Stay in touch sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101, Magarpatta SEZ, Hadapsar, Pune-411013, India +1-888-600-6441 Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report