The Microgrid Market size was valued at USD 32.10 billion in 2023 and is expected to grow to USD 128.33 billion by 2031 and grow at a CAGR of 18.91 % over the forecast period of 2024-2031.
The microgrid market is experiencing rapid expansion, driven by the increasing demand for decentralized energy systems that enhance reliability and resilience in power distribution. Microgrids are...
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