APO RESEARCH · REPORT
Microgrid
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Research
Microgrid Industry Research Report 2026
Market perspective
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 five players hold a share about 20%.
North America is the largest market, with a share about 40%, followed by China and Europe, having a total share about 35 percent.
Read the full market overview
In terms of product, Grid-Tied is the largest segment, with a share about 80%. And in terms of application, the largest application is Campus or Institutional Microgrid, followed by Commercial or Industrial Microgrid, Community or Utility Microgrid, Military Microgrid, Remote Microgrid.
Report Scope
This report quantifies the global Microgrid market in terms of revenue (US$ million) and, where applicable, service volume (), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Microgrid.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Microgrid Market by Company
ABB
NEC
GE
Aquion Energy
Echelon
Raytheon
SandC Electric Co
Eaton Corporation
Sunverge Energy
Siemens
Toshiba
General Microgrids
Lockheed Martin
Microgrid Segment by Type
Grid-Tied
Independent
Microgrid Segment by Application
Commercial or Industrial Microgrid
Community or Utility Microgrid
Campus or Institutional Microgrid
Military Microgrid
Remote Microgrid
Microgrid Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Microgrid market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Microgrid and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Microgrid.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Microgrid companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Grid-Tied
- Independent
Applications
- Commercial or Industrial Microgrid
- Community or Utility Microgrid
- Campus or Institutional Microgrid
- Military Microgrid
- Remote Microgrid
Companies covered
- ABB
- NEC
- GE
- Aquion Energy
- Echelon
- Raytheon
- SandC Electric Co
- Eaton Corporation
- Sunverge Energy
- Siemens
- Toshiba
- General Microgrids
- Lockheed Martin
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Microgrid by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Grid-Tied
- 2.2.3 Independent
- 2.3 Microgrid by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Commercial or Industrial Microgrid
- 2.3.3 Community or Utility Microgrid
- 2.3.4 Campus or Institutional Microgrid
- 2.3.5 Military Microgrid
- 2.3.6 Remote Microgrid
- 2.4 Assumptions and Limitations
3 Microgrid Breakdown Data by Type
- 3.1 Global Microgrid Historic Market Size by Type (2021-2026)
- 3.2 Global Microgrid Forecasted Market Size by Type (2027-2032)
4 Microgrid Breakdown Data by Application
- 4.1 Global Microgrid Historic Market Size by Application (2021-2026)
- 4.2 Global Microgrid Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Microgrid Market Perspective (2021-2032)
- 5.2 Global Microgrid Growth Trends by Region
- 5.2.1 Global Microgrid Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Microgrid Historic Market Size by Region (2021-2026)
- 5.2.3 Microgrid Forecasted Market Size by Region (2027-2032)
- 5.3 Microgrid Market Dynamics
- 5.3.1 Microgrid Industry Trends
- 5.3.2 Microgrid Market Drivers
- 5.3.3 Microgrid Market Challenges
- 5.3.4 Microgrid Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Microgrid Players by Revenue
- 6.1.1 Global Top Microgrid Players by Revenue (2021-2026)
- 6.1.2 Global Microgrid Revenue Market Share by Players (2021-2026)
- 6.2 Global Microgrid Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Microgrid Head Office and Area Served
- 6.4 Global Microgrid Players, Product Type & Application
- 6.5 Global Microgrid Manufacturers Established Date
- 6.6 Global Microgrid Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Microgrid Market Size (2021-2032)
- 7.2 North America Microgrid Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Microgrid Market Size by Country (2021-2026)
- 7.4 North America Microgrid Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Microgrid Market Size (2021-2032)
- 8.2 Europe Microgrid Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Microgrid Market Size by Country (2021-2026)
- 8.4 Europe Microgrid Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Microgrid Market Size (2021-2032)
- 9.2 Asia-Pacific Microgrid Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Microgrid Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Microgrid Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Microgrid Market Size (2021-2032)
- 10.2 South America Microgrid Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Microgrid Market Size by Country (2021-2026)
- 10.4 South America Microgrid Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Microgrid Market Size (2021-2032)
- 11.2 Middle East & Africa Microgrid Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Microgrid Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Microgrid Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 ABB
- 12.1.1 ABB Company Information
- 12.1.2 ABB Business Overview
- 12.1.3 ABB Revenue in Microgrid Business (2021-2026)
- 12.1.4 ABB Microgrid Product Portfolio
- 12.1.5 ABB Recent Developments
- 12.2 NEC
- 12.2.1 NEC Company Information
- 12.2.2 NEC Business Overview
- 12.2.3 NEC Revenue in Microgrid Business (2021-2026)
- 12.2.4 NEC Microgrid Product Portfolio
- 12.2.5 NEC Recent Developments
- 12.3 GE
- 12.3.1 GE Company Information
- 12.3.2 GE Business Overview
- 12.3.3 GE Revenue in Microgrid Business (2021-2026)
- 12.3.4 GE Microgrid Product Portfolio
- 12.3.5 GE Recent Developments
- 12.4 Aquion Energy
- 12.4.1 Aquion Energy Company Information
- 12.4.2 Aquion Energy Business Overview
- 12.4.3 Aquion Energy Revenue in Microgrid Business (2021-2026)
- 12.4.4 Aquion Energy Microgrid Product Portfolio
- 12.4.5 Aquion Energy Recent Developments
- 12.5 Echelon
- 12.5.1 Echelon Company Information
- 12.5.2 Echelon Business Overview
- 12.5.3 Echelon Revenue in Microgrid Business (2021-2026)
- 12.5.4 Echelon Microgrid Product Portfolio
- 12.5.5 Echelon Recent Developments
- 12.6 Raytheon
- 12.6.1 Raytheon Company Information
- 12.6.2 Raytheon Business Overview
- 12.6.3 Raytheon Revenue in Microgrid Business (2021-2026)
- 12.6.4 Raytheon Microgrid Product Portfolio
- 12.6.5 Raytheon Recent Developments
- 12.7 SandC Electric Co
- 12.7.1 SandC Electric Co Company Information
- 12.7.2 SandC Electric Co Business Overview
- 12.7.3 SandC Electric Co Revenue in Microgrid Business (2021-2026)
- 12.7.4 SandC Electric Co Microgrid Product Portfolio
- 12.7.5 SandC Electric Co Recent Developments
- 12.8 Eaton Corporation
- 12.8.1 Eaton Corporation Company Information
- 12.8.2 Eaton Corporation Business Overview
- 12.8.3 Eaton Corporation Revenue in Microgrid Business (2021-2026)
- 12.8.4 Eaton Corporation Microgrid Product Portfolio
- 12.8.5 Eaton Corporation Recent Developments
- 12.9 Sunverge Energy
- 12.9.1 Sunverge Energy Company Information
- 12.9.2 Sunverge Energy Business Overview
- 12.9.3 Sunverge Energy Revenue in Microgrid Business (2021-2026)
- 12.9.4 Sunverge Energy Microgrid Product Portfolio
- 12.9.5 Sunverge Energy Recent Developments
- 12.10 Siemens
- 12.10.1 Siemens Company Information
- 12.10.2 Siemens Business Overview
- 12.10.3 Siemens Revenue in Microgrid Business (2021-2026)
- 12.10.4 Siemens Microgrid Product Portfolio
- 12.10.5 Siemens Recent Developments
- 12.11 Toshiba
- 12.11.1 Toshiba Company Information
- 12.11.2 Toshiba Business Overview
- 12.11.3 Toshiba Revenue in Microgrid Business (2021-2026)
- 12.11.4 Toshiba Microgrid Product Portfolio
- 12.11.5 Toshiba Recent Developments
- 12.12 General Microgrids
- 12.12.1 General Microgrids Company Information
- 12.12.2 General Microgrids Business Overview
- 12.12.3 General Microgrids Revenue in Microgrid Business (2021-2026)
- 12.12.4 General Microgrids Microgrid Product Portfolio
- 12.12.5 General Microgrids Recent Developments
- 12.13 Lockheed Martin
- 12.13.1 Lockheed Martin Company Information
- 12.13.2 Lockheed Martin Business Overview
- 12.13.3 Lockheed Martin Revenue in Microgrid Business (2021-2026)
- 12.13.4 Lockheed Martin Microgrid Product Portfolio
- 12.13.5 Lockheed Martin Recent Developments
13 Report Conclusion
14 Disclaimer
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