Energy & Power
Global Microgrid Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
- Mar 24, 25
- ID: 150022
- Pages: 91
- Figures: 98
- Views: 10
The global Microgrid market size was US$ 36270 million in 2024 and is forecast to a readjusted size of US$ 78010 million by 2031 with a CAGR of 11.7% during the forecast period 2025-2031.
A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there"s an interruption on the main grid. It draws on distributed energy resources, like solar power, to serve customers within the microgrid footprint. These benefits extend to surrounding communities, with reliable energy allowing better access to food, supplies and public services.
Global microgrid key players include ABB, NEC, GE, Aquion Energy, Echelon, etc. Global top 5 players hold a share about 25%.
North America is the largest market, with a share about 41%, followed by Asia-Pacific, having a total share about 40 percent.
In terms of product, grid-tied is the largest segment, with a share about 78%. And in terms of application, the largest application is commercial or industrial microgrid.
The global Microgrid market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
ABB
NEC
GE
Aquion Energy
Echelon
Raytheon
SandC Electric Co
Eaton Corporation
Sunverge Energy
Siemens
Toshiba
General Microgrids
Lockheed Martin
By Type: (Dominant Segment vs High-Margin Innovation)
Grid-Tied
Independent
By Application: (Core Demand Driver vs Emerging Opportunity)
Commercial or Industrial Microgrid
Community or Utility Microgrid
Campus or Institutional Microgrid
Military Microgrid
Remote Microgrid
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., ABB in Europe)
- Emerging Product Trends: Grid-Tied adoption vs. Independent premiumization
- Demand-Side Dynamics: Commercial or Industrial Microgrid growth in China vs. Community or Utility Microgrid potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Microgrid market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Independent in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Community or Utility Microgrid in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Microgrid value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
A microgrid is a small power grid with defined boundaries that can operate both when connected to the larger electrical grid and as an "island" when there"s an interruption on the main grid. It draws on distributed energy resources, like solar power, to serve customers within the microgrid footprint. These benefits extend to surrounding communities, with reliable energy allowing better access to food, supplies and public services.
Global microgrid key players include ABB, NEC, GE, Aquion Energy, Echelon, etc. Global top 5 players hold a share about 25%.
North America is the largest market, with a share about 41%, followed by Asia-Pacific, having a total share about 40 percent.
In terms of product, grid-tied is the largest segment, with a share about 78%. And in terms of application, the largest application is commercial or industrial microgrid.
The global Microgrid market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
By Company:
ABB
NEC
GE
Aquion Energy
Echelon
Raytheon
SandC Electric Co
Eaton Corporation
Sunverge Energy
Siemens
Toshiba
General Microgrids
Lockheed Martin
By Type: (Dominant Segment vs High-Margin Innovation)
Grid-Tied
Independent
By Application: (Core Demand Driver vs Emerging Opportunity)
Commercial or Industrial Microgrid
Community or Utility Microgrid
Campus or Institutional Microgrid
Military Microgrid
Remote Microgrid
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., ABB in Europe)
- Emerging Product Trends: Grid-Tied adoption vs. Independent premiumization
- Demand-Side Dynamics: Commercial or Industrial Microgrid growth in China vs. Community or Utility Microgrid potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
Japan
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Microgrid market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Independent in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Community or Utility Microgrid in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
Why This Report?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Microgrid value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Grid-Tied
1.2.3 Independent
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Commercial or Industrial Microgrid
1.3.3 Community or Utility Microgrid
1.3.4 Campus or Institutional Microgrid
1.3.5 Military Microgrid
1.3.6 Remote Microgrid
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Microgrid Revenue Market Share by Region (2020-2025)
2.4 Global Microgrid Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Microgrid Market Size and Prospective (2020-2031)
2.5.2 Europe Microgrid Market Size and Prospective (2020-2031)
2.5.3 Japan Microgrid Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Microgrid Historic Market Size by Type (2020-2025)
3.2 Global Microgrid Forecasted Market Size by Type (2026-2031)
3.3 Different Types Microgrid Representative Players
4 Breakdown Data by Application
4.1 Global Microgrid Historic Market Size by Application (2020-2025)
4.2 Global Microgrid Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Microgrid Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Microgrid Players by Revenue (2020-2025)
5.1.2 Global Microgrid Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Microgrid Revenue
5.4 Global Microgrid Market Concentration Analysis
5.4.1 Global Microgrid Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Microgrid Revenue in 2024
5.5 Global Key Players of Microgrid Head office and Area Served
5.6 Global Key Players of Microgrid, Product and Application
5.7 Global Key Players of Microgrid, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Microgrid Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Microgrid Market Size by Type (2020-2025)
6.1.2.2 North America Microgrid Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Microgrid Market Size by Application (2020-2025)
6.1.3.2 North America Microgrid Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Microgrid Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Microgrid Market Size by Type (2020-2025)
6.2.2.2 Europe Microgrid Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Microgrid Market Size by Application (2020-2025)
6.2.3.2 Europe Microgrid Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 Japan Market: Players, Segments and Downstream
6.3.1 Japan Microgrid Revenue by Company (2020-2025)
6.3.2 Japan Market Size by Type
6.3.2.1 Japan Microgrid Market Size by Type (2020-2025)
6.3.2.2 Japan Microgrid Market Share by Type (2020-2025)
6.3.3 Japan Market Size by Application
6.3.3.1 Japan Microgrid Market Size by Application (2020-2025)
6.3.3.2 Japan Microgrid Market Share by Application (2020-2025)
6.3.4 Japan Market Trend and Opportunities
7 Key Players Profiles
7.1 ABB
7.1.1 ABB Company Details
7.1.2 ABB Business Overview
7.1.3 ABB Microgrid Introduction
7.1.4 ABB Revenue in Microgrid Business (2020-2025)
7.1.5 ABB Recent Development
7.2 NEC
7.2.1 NEC Company Details
7.2.2 NEC Business Overview
7.2.3 NEC Microgrid Introduction
7.2.4 NEC Revenue in Microgrid Business (2020-2025)
7.2.5 NEC Recent Development
7.3 GE
7.3.1 GE Company Details
7.3.2 GE Business Overview
7.3.3 GE Microgrid Introduction
7.3.4 GE Revenue in Microgrid Business (2020-2025)
7.3.5 GE Recent Development
7.4 Aquion Energy
7.4.1 Aquion Energy Company Details
7.4.2 Aquion Energy Business Overview
7.4.3 Aquion Energy Microgrid Introduction
7.4.4 Aquion Energy Revenue in Microgrid Business (2020-2025)
7.4.5 Aquion Energy Recent Development
7.5 Echelon
7.5.1 Echelon Company Details
7.5.2 Echelon Business Overview
7.5.3 Echelon Microgrid Introduction
7.5.4 Echelon Revenue in Microgrid Business (2020-2025)
7.5.5 Echelon Recent Development
7.6 Raytheon
7.6.1 Raytheon Company Details
7.6.2 Raytheon Business Overview
7.6.3 Raytheon Microgrid Introduction
7.6.4 Raytheon Revenue in Microgrid Business (2020-2025)
7.6.5 Raytheon Recent Development
7.7 SandC Electric Co
7.7.1 SandC Electric Co Company Details
7.7.2 SandC Electric Co Business Overview
7.7.3 SandC Electric Co Microgrid Introduction
7.7.4 SandC Electric Co Revenue in Microgrid Business (2020-2025)
7.7.5 SandC Electric Co Recent Development
7.8 Eaton Corporation
7.8.1 Eaton Corporation Company Details
7.8.2 Eaton Corporation Business Overview
7.8.3 Eaton Corporation Microgrid Introduction
7.8.4 Eaton Corporation Revenue in Microgrid Business (2020-2025)
7.8.5 Eaton Corporation Recent Development
7.9 Sunverge Energy
7.9.1 Sunverge Energy Company Details
7.9.2 Sunverge Energy Business Overview
7.9.3 Sunverge Energy Microgrid Introduction
7.9.4 Sunverge Energy Revenue in Microgrid Business (2020-2025)
7.9.5 Sunverge Energy Recent Development
7.10 Siemens
7.10.1 Siemens Company Details
7.10.2 Siemens Business Overview
7.10.3 Siemens Microgrid Introduction
7.10.4 Siemens Revenue in Microgrid Business (2020-2025)
7.10.5 Siemens Recent Development
7.11 Toshiba
7.11.1 Toshiba Company Details
7.11.2 Toshiba Business Overview
7.11.3 Toshiba Microgrid Introduction
7.11.4 Toshiba Revenue in Microgrid Business (2020-2025)
7.11.5 Toshiba Recent Development
7.12 General Microgrids
7.12.1 General Microgrids Company Details
7.12.2 General Microgrids Business Overview
7.12.3 General Microgrids Microgrid Introduction
7.12.4 General Microgrids Revenue in Microgrid Business (2020-2025)
7.12.5 General Microgrids Recent Development
7.13 Lockheed Martin
7.13.1 Lockheed Martin Company Details
7.13.2 Lockheed Martin Business Overview
7.13.3 Lockheed Martin Microgrid Introduction
7.13.4 Lockheed Martin Revenue in Microgrid Business (2020-2025)
7.13.5 Lockheed Martin Recent Development
8 Microgrid Market Dynamics
8.1 Microgrid Industry Trends
8.2 Microgrid Market Drivers
8.3 Microgrid Market Challenges
8.4 Microgrid Market Restraints
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
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Grid-Tied
1.2.3 Independent
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Commercial or Industrial Microgrid
1.3.3 Community or Utility Microgrid
1.3.4 Campus or Institutional Microgrid
1.3.5 Military Microgrid
1.3.6 Remote Microgrid
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Microgrid Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Microgrid Revenue Market Share by Region (2020-2025)
2.4 Global Microgrid Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Microgrid Market Size and Prospective (2020-2031)
2.5.2 Europe Microgrid Market Size and Prospective (2020-2031)
2.5.3 Japan Microgrid Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Microgrid Historic Market Size by Type (2020-2025)
3.2 Global Microgrid Forecasted Market Size by Type (2026-2031)
3.3 Different Types Microgrid Representative Players
4 Breakdown Data by Application
4.1 Global Microgrid Historic Market Size by Application (2020-2025)
4.2 Global Microgrid Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Microgrid Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Microgrid Players by Revenue (2020-2025)
5.1.2 Global Microgrid Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Microgrid Revenue
5.4 Global Microgrid Market Concentration Analysis
5.4.1 Global Microgrid Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Microgrid Revenue in 2024
5.5 Global Key Players of Microgrid Head office and Area Served
5.6 Global Key Players of Microgrid, Product and Application
5.7 Global Key Players of Microgrid, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Microgrid Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Microgrid Market Size by Type (2020-2025)
6.1.2.2 North America Microgrid Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Microgrid Market Size by Application (2020-2025)
6.1.3.2 North America Microgrid Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Microgrid Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Microgrid Market Size by Type (2020-2025)
6.2.2.2 Europe Microgrid Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Microgrid Market Size by Application (2020-2025)
6.2.3.2 Europe Microgrid Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 Japan Market: Players, Segments and Downstream
6.3.1 Japan Microgrid Revenue by Company (2020-2025)
6.3.2 Japan Market Size by Type
6.3.2.1 Japan Microgrid Market Size by Type (2020-2025)
6.3.2.2 Japan Microgrid Market Share by Type (2020-2025)
6.3.3 Japan Market Size by Application
6.3.3.1 Japan Microgrid Market Size by Application (2020-2025)
6.3.3.2 Japan Microgrid Market Share by Application (2020-2025)
6.3.4 Japan Market Trend and Opportunities
7 Key Players Profiles
7.1 ABB
7.1.1 ABB Company Details
7.1.2 ABB Business Overview
7.1.3 ABB Microgrid Introduction
7.1.4 ABB Revenue in Microgrid Business (2020-2025)
7.1.5 ABB Recent Development
7.2 NEC
7.2.1 NEC Company Details
7.2.2 NEC Business Overview
7.2.3 NEC Microgrid Introduction
7.2.4 NEC Revenue in Microgrid Business (2020-2025)
7.2.5 NEC Recent Development
7.3 GE
7.3.1 GE Company Details
7.3.2 GE Business Overview
7.3.3 GE Microgrid Introduction
7.3.4 GE Revenue in Microgrid Business (2020-2025)
7.3.5 GE Recent Development
7.4 Aquion Energy
7.4.1 Aquion Energy Company Details
7.4.2 Aquion Energy Business Overview
7.4.3 Aquion Energy Microgrid Introduction
7.4.4 Aquion Energy Revenue in Microgrid Business (2020-2025)
7.4.5 Aquion Energy Recent Development
7.5 Echelon
7.5.1 Echelon Company Details
7.5.2 Echelon Business Overview
7.5.3 Echelon Microgrid Introduction
7.5.4 Echelon Revenue in Microgrid Business (2020-2025)
7.5.5 Echelon Recent Development
7.6 Raytheon
7.6.1 Raytheon Company Details
7.6.2 Raytheon Business Overview
7.6.3 Raytheon Microgrid Introduction
7.6.4 Raytheon Revenue in Microgrid Business (2020-2025)
7.6.5 Raytheon Recent Development
7.7 SandC Electric Co
7.7.1 SandC Electric Co Company Details
7.7.2 SandC Electric Co Business Overview
7.7.3 SandC Electric Co Microgrid Introduction
7.7.4 SandC Electric Co Revenue in Microgrid Business (2020-2025)
7.7.5 SandC Electric Co Recent Development
7.8 Eaton Corporation
7.8.1 Eaton Corporation Company Details
7.8.2 Eaton Corporation Business Overview
7.8.3 Eaton Corporation Microgrid Introduction
7.8.4 Eaton Corporation Revenue in Microgrid Business (2020-2025)
7.8.5 Eaton Corporation Recent Development
7.9 Sunverge Energy
7.9.1 Sunverge Energy Company Details
7.9.2 Sunverge Energy Business Overview
7.9.3 Sunverge Energy Microgrid Introduction
7.9.4 Sunverge Energy Revenue in Microgrid Business (2020-2025)
7.9.5 Sunverge Energy Recent Development
7.10 Siemens
7.10.1 Siemens Company Details
7.10.2 Siemens Business Overview
7.10.3 Siemens Microgrid Introduction
7.10.4 Siemens Revenue in Microgrid Business (2020-2025)
7.10.5 Siemens Recent Development
7.11 Toshiba
7.11.1 Toshiba Company Details
7.11.2 Toshiba Business Overview
7.11.3 Toshiba Microgrid Introduction
7.11.4 Toshiba Revenue in Microgrid Business (2020-2025)
7.11.5 Toshiba Recent Development
7.12 General Microgrids
7.12.1 General Microgrids Company Details
7.12.2 General Microgrids Business Overview
7.12.3 General Microgrids Microgrid Introduction
7.12.4 General Microgrids Revenue in Microgrid Business (2020-2025)
7.12.5 General Microgrids Recent Development
7.13 Lockheed Martin
7.13.1 Lockheed Martin Company Details
7.13.2 Lockheed Martin Business Overview
7.13.3 Lockheed Martin Microgrid Introduction
7.13.4 Lockheed Martin Revenue in Microgrid Business (2020-2025)
7.13.5 Lockheed Martin Recent Development
8 Microgrid Market Dynamics
8.1 Microgrid Industry Trends
8.2 Microgrid Market Drivers
8.3 Microgrid Market Challenges
8.4 Microgrid Market Restraints
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
List of Tables
Table 1. Global Microgrid Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Microgrid Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market Microgrid Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Microgrid Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global Microgrid Revenue Share by Region (2020-2025)
Table 6. Global Microgrid Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global Microgrid Revenue Share Forecast by Region (2026-2031)
Table 8. Global Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global Microgrid Revenue Market Share by Type (2020-2025)
Table 10. Global Microgrid Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global Microgrid Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global Microgrid Revenue Market Share by Application (2020-2025)
Table 15. Global Microgrid Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global Microgrid Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in Microgrid Application
Table 18. Global Microgrid Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global Microgrid Market Share by Players (2020-2025)
Table 20. Global Top Microgrid Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024)
Table 21. Ranking of Global Top Microgrid Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by Microgrid Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of Microgrid, Headquarters and Area Served
Table 24. Global Key Players of Microgrid, Product and Application
Table 25. Global Key Players of Microgrid, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America Microgrid Revenue Market Share by Company (2020-2025)
Table 29. North America Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe Microgrid Revenue Market Share by Company (2020-2025)
Table 33. Europe Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 35. Japan Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 36. Japan Microgrid Revenue Market Share by Company (2020-2025)
Table 37. Japan Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 38. Japan Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 39. ABB Company Details
Table 40. ABB Business Overview
Table 41. ABB Microgrid Product
Table 42. ABB Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 43. ABB Recent Development
Table 44. NEC Company Details
Table 45. NEC Business Overview
Table 46. NEC Microgrid Product
Table 47. NEC Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 48. NEC Recent Development
Table 49. GE Company Details
Table 50. GE Business Overview
Table 51. GE Microgrid Product
Table 52. GE Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 53. GE Recent Development
Table 54. Aquion Energy Company Details
Table 55. Aquion Energy Business Overview
Table 56. Aquion Energy Microgrid Product
Table 57. Aquion Energy Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 58. Aquion Energy Recent Development
Table 59. Echelon Company Details
Table 60. Echelon Business Overview
Table 61. Echelon Microgrid Product
Table 62. Echelon Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 63. Echelon Recent Development
Table 64. Raytheon Company Details
Table 65. Raytheon Business Overview
Table 66. Raytheon Microgrid Product
Table 67. Raytheon Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 68. Raytheon Recent Development
Table 69. SandC Electric Co Company Details
Table 70. SandC Electric Co Business Overview
Table 71. SandC Electric Co Microgrid Product
Table 72. SandC Electric Co Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 73. SandC Electric Co Recent Development
Table 74. Eaton Corporation Company Details
Table 75. Eaton Corporation Business Overview
Table 76. Eaton Corporation Microgrid Product
Table 77. Eaton Corporation Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 78. Eaton Corporation Recent Development
Table 79. Sunverge Energy Company Details
Table 80. Sunverge Energy Business Overview
Table 81. Sunverge Energy Microgrid Product
Table 82. Sunverge Energy Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 83. Sunverge Energy Recent Development
Table 84. Siemens Company Details
Table 85. Siemens Business Overview
Table 86. Siemens Microgrid Product
Table 87. Siemens Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 88. Siemens Recent Development
Table 89. Toshiba Company Details
Table 90. Toshiba Business Overview
Table 91. Toshiba Microgrid Product
Table 92. Toshiba Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 93. Toshiba Recent Development
Table 94. General Microgrids Company Details
Table 95. General Microgrids Business Overview
Table 96. General Microgrids Microgrid Product
Table 97. General Microgrids Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 98. General Microgrids Recent Development
Table 99. Lockheed Martin Company Details
Table 100. Lockheed Martin Business Overview
Table 101. Lockheed Martin Microgrid Product
Table 102. Lockheed Martin Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 103. Lockheed Martin Recent Development
Table 104. Microgrid Market Trends
Table 105. Microgrid Market Drivers
Table 106. Microgrid Market Challenges
Table 107. Microgrid Market Restraints
Table 108. Research Programs/Design for This Report
Table 109. Key Data Information from Secondary Sources
Table 110. Key Data Information from Primary Sources
List of Figures
Figure 1. Microgrid Product Picture
Figure 2. Global Microgrid Market Share by Type: 2024 VS 2031
Figure 3. Grid-Tied Features
Figure 4. Independent Features
Figure 5. Global Microgrid Market Share by Application: 2024 VS 2031
Figure 6. Commercial or Industrial Microgrid
Figure 7. Community or Utility Microgrid
Figure 8. Campus or Institutional Microgrid
Figure 9. Military Microgrid
Figure 10. Remote Microgrid
Figure 11. Microgrid Report Years Considered
Figure 12. Global Microgrid Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 13. Global Microgrid Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global Microgrid Revenue Market Share by Region: 2020 VS 2024
Figure 15. North America Microgrid Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. Europe Microgrid Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. Japan Microgrid Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Global Microgrid Market Share by Players in 2024
Figure 19. Global Top Microgrid Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024)
Figure 20. The Top 10 and 5 Players Market Share by Microgrid Revenue in 2024
Figure 21. North America Microgrid Market Share by Type (2020-2025)
Figure 22. North America Microgrid Market Share by Application (2020-2025)
Figure 23. Europe Microgrid Market Share by Type (2020-2025)
Figure 24. Europe Microgrid Market Share by Application (2020-2025)
Figure 25. Japan Microgrid Market Share by Type (2020-2025)
Figure 26. Japan Microgrid Market Share by Application (2020-2025)
Figure 27. ABB Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 28. NEC Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 29. GE Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 30. Aquion Energy Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 31. Echelon Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 32. Raytheon Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 33. SandC Electric Co Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 34. Eaton Corporation Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 35. Sunverge Energy Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 36. Siemens Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 37. Toshiba Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 38. General Microgrids Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 39. Lockheed Martin Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 40. Bottom-up and Top-down Approaches for This Report
Figure 41. Data Triangulation
Figure 42. Key Executives Interviewed
Table 1. Global Microgrid Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Microgrid Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market Microgrid Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Microgrid Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global Microgrid Revenue Share by Region (2020-2025)
Table 6. Global Microgrid Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global Microgrid Revenue Share Forecast by Region (2026-2031)
Table 8. Global Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global Microgrid Revenue Market Share by Type (2020-2025)
Table 10. Global Microgrid Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global Microgrid Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global Microgrid Revenue Market Share by Application (2020-2025)
Table 15. Global Microgrid Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global Microgrid Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in Microgrid Application
Table 18. Global Microgrid Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global Microgrid Market Share by Players (2020-2025)
Table 20. Global Top Microgrid Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024)
Table 21. Ranking of Global Top Microgrid Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by Microgrid Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of Microgrid, Headquarters and Area Served
Table 24. Global Key Players of Microgrid, Product and Application
Table 25. Global Key Players of Microgrid, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America Microgrid Revenue Market Share by Company (2020-2025)
Table 29. North America Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe Microgrid Revenue Market Share by Company (2020-2025)
Table 33. Europe Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 35. Japan Microgrid Revenue by Company (2020-2025) & (US$ Million)
Table 36. Japan Microgrid Revenue Market Share by Company (2020-2025)
Table 37. Japan Microgrid Market Size by Type (2020-2025) & (US$ Million)
Table 38. Japan Microgrid Market Size by Application (2020-2025) & (US$ Million)
Table 39. ABB Company Details
Table 40. ABB Business Overview
Table 41. ABB Microgrid Product
Table 42. ABB Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 43. ABB Recent Development
Table 44. NEC Company Details
Table 45. NEC Business Overview
Table 46. NEC Microgrid Product
Table 47. NEC Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 48. NEC Recent Development
Table 49. GE Company Details
Table 50. GE Business Overview
Table 51. GE Microgrid Product
Table 52. GE Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 53. GE Recent Development
Table 54. Aquion Energy Company Details
Table 55. Aquion Energy Business Overview
Table 56. Aquion Energy Microgrid Product
Table 57. Aquion Energy Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 58. Aquion Energy Recent Development
Table 59. Echelon Company Details
Table 60. Echelon Business Overview
Table 61. Echelon Microgrid Product
Table 62. Echelon Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 63. Echelon Recent Development
Table 64. Raytheon Company Details
Table 65. Raytheon Business Overview
Table 66. Raytheon Microgrid Product
Table 67. Raytheon Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 68. Raytheon Recent Development
Table 69. SandC Electric Co Company Details
Table 70. SandC Electric Co Business Overview
Table 71. SandC Electric Co Microgrid Product
Table 72. SandC Electric Co Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 73. SandC Electric Co Recent Development
Table 74. Eaton Corporation Company Details
Table 75. Eaton Corporation Business Overview
Table 76. Eaton Corporation Microgrid Product
Table 77. Eaton Corporation Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 78. Eaton Corporation Recent Development
Table 79. Sunverge Energy Company Details
Table 80. Sunverge Energy Business Overview
Table 81. Sunverge Energy Microgrid Product
Table 82. Sunverge Energy Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 83. Sunverge Energy Recent Development
Table 84. Siemens Company Details
Table 85. Siemens Business Overview
Table 86. Siemens Microgrid Product
Table 87. Siemens Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 88. Siemens Recent Development
Table 89. Toshiba Company Details
Table 90. Toshiba Business Overview
Table 91. Toshiba Microgrid Product
Table 92. Toshiba Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 93. Toshiba Recent Development
Table 94. General Microgrids Company Details
Table 95. General Microgrids Business Overview
Table 96. General Microgrids Microgrid Product
Table 97. General Microgrids Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 98. General Microgrids Recent Development
Table 99. Lockheed Martin Company Details
Table 100. Lockheed Martin Business Overview
Table 101. Lockheed Martin Microgrid Product
Table 102. Lockheed Martin Revenue in Microgrid Business (2020-2025) & (US$ Million)
Table 103. Lockheed Martin Recent Development
Table 104. Microgrid Market Trends
Table 105. Microgrid Market Drivers
Table 106. Microgrid Market Challenges
Table 107. Microgrid Market Restraints
Table 108. Research Programs/Design for This Report
Table 109. Key Data Information from Secondary Sources
Table 110. Key Data Information from Primary Sources
List of Figures
Figure 1. Microgrid Product Picture
Figure 2. Global Microgrid Market Share by Type: 2024 VS 2031
Figure 3. Grid-Tied Features
Figure 4. Independent Features
Figure 5. Global Microgrid Market Share by Application: 2024 VS 2031
Figure 6. Commercial or Industrial Microgrid
Figure 7. Community or Utility Microgrid
Figure 8. Campus or Institutional Microgrid
Figure 9. Military Microgrid
Figure 10. Remote Microgrid
Figure 11. Microgrid Report Years Considered
Figure 12. Global Microgrid Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 13. Global Microgrid Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global Microgrid Revenue Market Share by Region: 2020 VS 2024
Figure 15. North America Microgrid Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. Europe Microgrid Revenue (US$ Million) Growth Rate (2020-2031)
Figure 17. Japan Microgrid Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. Global Microgrid Market Share by Players in 2024
Figure 19. Global Top Microgrid Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid as of 2024)
Figure 20. The Top 10 and 5 Players Market Share by Microgrid Revenue in 2024
Figure 21. North America Microgrid Market Share by Type (2020-2025)
Figure 22. North America Microgrid Market Share by Application (2020-2025)
Figure 23. Europe Microgrid Market Share by Type (2020-2025)
Figure 24. Europe Microgrid Market Share by Application (2020-2025)
Figure 25. Japan Microgrid Market Share by Type (2020-2025)
Figure 26. Japan Microgrid Market Share by Application (2020-2025)
Figure 27. ABB Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 28. NEC Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 29. GE Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 30. Aquion Energy Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 31. Echelon Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 32. Raytheon Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 33. SandC Electric Co Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 34. Eaton Corporation Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 35. Sunverge Energy Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 36. Siemens Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 37. Toshiba Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 38. General Microgrids Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 39. Lockheed Martin Revenue Growth Rate in Microgrid Business (2020-2025)
Figure 40. Bottom-up and Top-down Approaches for This Report
Figure 41. Data Triangulation
Figure 42. Key Executives Interviewed
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