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...
Microgrid Market to Reach USD 81.45 Billion by 2030, Growing at a CAGR of 14.67%
SummaryThe global Microgrid Market is expected to grow from USD 31.24 billion in 2023 to USD 81.45 billion by 2030, at a CAGR of 14.67%. This growth is driven by rising demand for decentralized energy systems, urbanization, and energy security concerns. The report covers market segmentation, key players, and a...
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