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
Market Structure
Global Microgrid Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
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 Includes
This report provides an overview of the global Microgrid market and its size, analyzing global market trends based on historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Microgrid and revenue in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Microgrid revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by Type and Application—covering revenue and growth rates—for 2021-2032, and evaluates and forecasts the Microgrid market size, projected growth trends, production technologies, key applications, and end-use industries.
Microgrid Segment 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
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: 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. Revenue of Microgrid in global and regional level. 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. 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 2: Analysis key trends, drivers, challenges, and opportunities within the global Microgrid industry.
Chapter 3: Detailed analysis of Microgrid companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Microgridrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: South America, Middle East & Africa by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Market Analysis by Type
- 1.2.1 Global Microgrid Market Size Growth Rate by Type: 2021 VS 2025 VS 2032
- 1.2.2 Grid-Tied
- 1.2.3 Independent
- 1.3 Market Analysis by Application
- 1.3.1 Global Microgrid Market Size Growth Rate by Application: 2021 VS 2025 VS 2032
- 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 Global Market Growth Prospects
- 1.5 Global Microgrid Growth Trends by Region
- 1.5.1 Global Microgrid Market Size by Region: 2021 VS 2025 VS 2032
- 1.5.2 Microgrid Market Size by Region (2021-2026)
- 1.5.3 Microgrid Market Size by Region (2027-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
- 1.8 Years Considered
2 Global Microgrid Market Dynamics
- 2.1 Microgrid Industry Trends
- 2.2 Microgrid Industry Drivers
- 2.3 Microgrid Industry Opportunities and Challenges
- 2.4 Microgrid Industry Restraints
3 Competitive Landscape by Company
- 3.1 Global Microgrid Revenue by Company (2021-2026)
- 3.2 Global Microgrid Players Revenue Ranking, 2024 VS 2025 VS 2026
- 3.3 Global Microgrid Key Company Head office and Area Served
- 3.4 Global Microgrid Company, Product Type & Application
- 3.5 Global Microgrid Company Establishment Date
- 3.6 Market Competitive Analysis
- 3.6.1 Global Microgrid Market CR5 and HHI
- 3.6.2 Global Top 5 and 10 Microgrid Players Market Share by Revenue in 2025
- 3.6.3 2025 Microgrid Tier 1, Tier 2, and Tier 3
4 Microgrid Market by Type
- 4.1 Global Microgrid Market Size by Type (2021 VS 2025 VS 2032)
- 4.2 Global Microgrid Market Size by Type (2021-2032)
- 4.3 Global Microgrid Market Size Share by Type (2021-2032)
5 Microgrid Market by Application
- 5.1 Global Microgrid Market Size by Application (2021 VS 2025 VS 2032)
- 5.2 Global Microgrid Market Size by Application (2021-2032)
- 5.3 Global Microgrid Market Size Share by Application (2021-2032)
6 Company Profiles
- 6.1 ABB
- 6.1.1 ABB Company Information
- 6.1.2 ABB Business Overview
- 6.1.3 ABB Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.1.4 ABB Microgrid Product Portfolio
- 6.1.5 ABB Recent Developments
- 6.2 NEC
- 6.2.1 NEC Company Information
- 6.2.2 NEC Business Overview
- 6.2.3 NEC Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.2.4 NEC Microgrid Product Portfolio
- 6.2.5 NEC Recent Developments
- 6.3 GE
- 6.3.1 GE Company Information
- 6.3.2 GE Business Overview
- 6.3.3 GE Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.3.4 GE Microgrid Product Portfolio
- 6.3.5 GE Recent Developments
- 6.4 Aquion Energy
- 6.4.1 Aquion Energy Company Information
- 6.4.2 Aquion Energy Business Overview
- 6.4.3 Aquion Energy Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.4.4 Aquion Energy Microgrid Product Portfolio
- 6.4.5 Aquion Energy Recent Developments
- 6.5 Echelon
- 6.5.1 Echelon Company Information
- 6.5.2 Echelon Business Overview
- 6.5.3 Echelon Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.5.4 Echelon Microgrid Product Portfolio
- 6.5.5 Echelon Recent Developments
- 6.6 Raytheon
- 6.6.1 Raytheon Company Information
- 6.6.2 Raytheon Business Overview
- 6.6.3 Raytheon Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.6.4 Raytheon Microgrid Product Portfolio
- 6.6.5 Raytheon Recent Developments
- 6.7 SandC Electric Co
- 6.7.1 SandC Electric Co Company Information
- 6.7.2 SandC Electric Co Business Overview
- 6.7.3 SandC Electric Co Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.7.4 SandC Electric Co Microgrid Product Portfolio
- 6.7.5 SandC Electric Co Recent Developments
- 6.8 Eaton Corporation
- 6.8.1 Eaton Corporation Company Information
- 6.8.2 Eaton Corporation Business Overview
- 6.8.3 Eaton Corporation Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.8.4 Eaton Corporation Microgrid Product Portfolio
- 6.8.5 Eaton Corporation Recent Developments
- 6.9 Sunverge Energy
- 6.9.1 Sunverge Energy Company Information
- 6.9.2 Sunverge Energy Business Overview
- 6.9.3 Sunverge Energy Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.9.4 Sunverge Energy Microgrid Product Portfolio
- 6.9.5 Sunverge Energy Recent Developments
- 6.10 Siemens
- 6.10.1 Siemens Company Information
- 6.10.2 Siemens Business Overview
- 6.10.3 Siemens Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.10.4 Siemens Microgrid Product Portfolio
- 6.10.5 Siemens Recent Developments
- 6.11 Toshiba
- 6.11.1 Toshiba Company Information
- 6.11.2 Toshiba Business Overview
- 6.11.3 Toshiba Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.11.4 Toshiba Microgrid Product Portfolio
- 6.11.5 Toshiba Recent Developments
- 6.12 General Microgrids
- 6.12.1 General Microgrids Company Information
- 6.12.2 General Microgrids Business Overview
- 6.12.3 General Microgrids Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.12.4 General Microgrids Microgrid Product Portfolio
- 6.12.5 General Microgrids Recent Developments
- 6.13 Lockheed Martin
- 6.13.1 Lockheed Martin Company Information
- 6.13.2 Lockheed Martin Business Overview
- 6.13.3 Lockheed Martin Microgrid Revenue and Gross Margin (US$ Million) & (2021-2026)
- 6.13.4 Lockheed Martin Microgrid Product Portfolio
- 6.13.5 Lockheed Martin Recent Developments
7 North America
- 7.1 North America Microgrid Market Size (2021-2032)
- 7.2 North America Microgrid Market Size by Type
- 7.2.1 North America Microgrid Market Size by Type (2021-2026)
- 7.2.2 North America Microgrid Market Size by Type (2027-2032)
- 7.2.3 North America Microgrid Market Share by Type (2021-2032)
- 7.3 North America Microgrid Market Size by Application
- 7.3.1 North America Microgrid Market Size by Application (2021-2026)
- 7.3.2 North America Microgrid Market Size by Application (2027-2032)
- 7.3.3 North America Microgrid Market Share by Application (2021-2032)
- 7.4 North America Microgrid Market Size by Country
- 7.4.1 North America Microgrid Market Size by Country (2021 VS 2025 VS 2032)
- 7.4.2 North America Microgrid Market Size by Country (2021-2026)
- 7.4.3 North America Microgrid Market Size by Country (2027-2032)
- 7.4.4 North America Microgrid Market Share by Country (2021-2032)
- 7.4.5 United States
- 7.4.6 Canada
- 7.4.7 Mexico
8 Europe
- 8.1 Europe Microgrid Market Size (2021-2032)
- 8.2 Europe Microgrid Market Size by Type
- 8.2.1 Europe Microgrid Market Size by Type (2021-2026)
- 8.2.2 Europe Microgrid Market Size by Type (2027-2032)
- 8.2.3 Europe Microgrid Market Share by Type (2021-2032)
- 8.3 Europe Microgrid Market Size by Application
- 8.3.1 Europe Microgrid Market Size by Application (2021-2026)
- 8.3.2 Europe Microgrid Market Size by Application (2027-2032)
- 8.3.3 Europe Microgrid Market Share by Application (2021-2032)
- 8.4 Europe Microgrid Market Size by Country
- 8.4.1 Europe Microgrid Market Size by Country (2021 VS 2025 VS 2032)
- 8.4.2 Europe Microgrid Market Size by Country (2021-2026)
- 8.4.3 Europe Microgrid Market Size by Country (2027-2032)
- 8.4.4 Europe Microgrid Market Share by Country (2021-2032)
- 8.4.5 Germany
- 8.4.6 France
- 8.4.7 U.K.
- 8.4.8 Italy
- 8.4.9 Russia
- 8.4.10 Nordic Countries
9 China
- 9.1 China Microgrid Market Size (2021-2032)
- 9.2 China Microgrid Market Size by Type
- 9.2.1 China Microgrid Market Size by Type (2021-2026)
- 9.2.2 China Microgrid Market Size by Type (2027-2032)
- 9.2.3 China Microgrid Market Share by Type (2021-2032)
- 9.3 China Microgrid Market Size by Application
- 9.3.1 China Microgrid Market Size by Application (2021-2026)
- 9.3.2 China Microgrid Market Size by Application (2027-2032)
- 9.3.3 China Microgrid Market Share by Application (2021-2032)
10 Asia (Excluding China)
- 10.1 Asia Microgrid Market Size (2021-2032)
- 10.2 Asia Microgrid Market Size by Type
- 10.2.1 Asia Microgrid Market Size by Type (2021-2026)
- 10.2.2 Asia Microgrid Market Size by Type (2027-2032)
- 10.2.3 Asia Microgrid Market Share by Type (2021-2032)
- 10.3 Asia Microgrid Market Size by Application
- 10.3.1 Asia Microgrid Market Size by Application (2021-2026)
- 10.3.2 Asia Microgrid Market Size by Application (2027-2032)
- 10.3.3 Asia Microgrid Market Share by Application (2021-2032)
- 10.4 Asia Microgrid Market Size by Country
- 10.4.1 Asia Microgrid Market Size by Country (2021 VS 2025 VS 2032)
- 10.4.2 Asia Microgrid Market Size by Country (2021-2026)
- 10.4.3 Asia Microgrid Market Size by Country (2027-2032)
- 10.4.4 Asia Microgrid Market Share by Country (2021-2032)
- 10.4.5 Japan
- 10.4.6 South Korea
- 10.4.7 Taiwan
- 10.4.8 Southeast Asia
- 10.4.9 India
- 10.4.10 Australia
11 South America, Middle East & Africa
- 11.1 South America, Middle East & Africa Microgrid Market Size (2021-2032)
- 11.2 South America, Middle East & Africa Microgrid Market Size by Type
- 11.2.1 South America, Middle East & Africa Microgrid Market Size by Type (2021-2026)
- 11.2.2 South America, Middle East & Africa Microgrid Market Size by Type (2027-2032)
- 11.2.3 South America, Middle East & Africa Microgrid Market Share by Type (2021-2032)
- 11.3 South America, Middle East & Africa Microgrid Market Size by Application
- 11.3.1 South America, Middle East & Africa Microgrid Market Size by Application (2021-2026)
- 11.3.2 South America, Middle East & Africa Microgrid Market Size by Application (2027-2032)
- 11.3.3 South America, Middle East & Africa Microgrid Market Share by Application (2021-2032)
- 11.4 South America, Middle East & Africa Microgrid Market Size by Country
- 11.4.1 South America, Middle East & Africa Microgrid Market Size by Country (2021 VS 2025 VS 2032)
- 11.4.2 South America, Middle East & Africa Microgrid Market Size by Country (2021-2026)
- 11.4.3 South America, Middle East & Africa Microgrid Market Size by Country (2027-2032)
- 11.4.4 South America, Middle East & Africa Microgrid Market Share by Country (2021-2032)
- 11.4.5 Brazil
- 11.4.6 South Africa
- 11.4.7 Saudi Arabia
- 11.4.8 Turkey
- 11.4.9 Argentina
- 11.4.9 UAE
- 11.4.9 Egypt
- 11.4.9 Chile
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
- 13.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst