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 Analysis & Forecast
Global Microgrid Market Analysis and Forecast 2026-2032
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 presents an overview of global market for Microgrid, market size. Analyses of the global market trends, with historic market revenue data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Microgrid, also provides the revenue of main regions and countries. Of the upcoming market potential for Microgrid, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Microgrid revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Microgrid market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2021 to 2032. Evaluation and forecast the market size for Microgrid revenue, projected growth trends, production technology, application and end-user industry.
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 growth rate (CAGR), market share, historical and forecast.
2. To present the key players, 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 market size), 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. 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: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: 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.
Chapter 4: Detailed analysis of Microgrid company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: 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 6: 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 7: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Microgrid revenue, gross margin, and recent development, etc.
Chapter 8: North America by type, by application and by country, revenue for each segment.
Chapter 9: Europe by type, by application and by country, revenue for each segment.
Chapter 10: China type, by application, revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.
Chapter 12: South America, Middle East and Africa by type, by application and by country, revenue for each segment.
Chapter 13: The main 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 Microgrid Market by Type
- 1.2.1 Global Microgrid Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Grid-Tied
- 1.2.3 Independent
- 1.3 Microgrid Market by Application
- 1.3.1 Global Microgrid Market Size 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 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 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 Global Growth Perspective
- 3.1 Global Microgrid Market Perspective (2021-2032)
- 3.2 Global Microgrid Growth Trends by Region
- 3.2.1 Global Microgrid Market Size by Region: 2021 VS 2025 VS 2032
- 3.2.2 Global Microgrid Market Size by Region (2021-2026)
- 3.2.3 Global Microgrid Market Size by Region (2027-2032)
4 Competitive Landscape by Players
- 4.1 Global Microgrid Revenue by Players
- 4.1.1 Global Microgrid Revenue by Players (2021-2026)
- 4.1.2 Global Microgrid Revenue Market Share by Players (2021-2026)
- 4.1.3 Global Microgrid Players Revenue Share Top 10 and Top 5 in 2025
- 4.2 Global Microgrid Key Players Ranking, 2024 VS 2025 VS 2026
- 4.3 Global Microgrid Key Players Headquarters & Area Served
- 4.4 Global Microgrid Players, Product Type & Application
- 4.5 Global Microgrid Players Establishment Date
- 4.6 Market Competitive Analysis
- 4.6.1 Global Microgrid Market CR5 and HHI
- 4.6.3 2025 Microgrid Tier 1, Tier 2, and Tier 3
5 Microgrid Market Size by Type
- 5.1 Global Microgrid Revenue by Type (2021 VS 2025 VS 2032)
- 5.2 Global Microgrid Revenue by Type (2021-2032)
- 5.3 Global Microgrid Revenue Market Share by Type (2021-2032)
6 Microgrid Market Size by Application
- 6.1 Global Microgrid Revenue by Application (2021 VS 2025 VS 2032)
- 6.2 Global Microgrid Revenue by Application (2021-2032)
- 6.3 Global Microgrid Revenue Market Share by Application (2021-2032)
7 Company Profiles
- 7.1 ABB
- 7.1.1 ABB Company Information
- 7.1.2 ABB Business Overview
- 7.1.3 ABB Microgrid Revenue and Gross Margin (2021-2026)
- 7.1.4 ABB Microgrid Product Portfolio
- 7.1.5 ABB Recent Developments
- 7.2 NEC
- 7.2.1 NEC Company Information
- 7.2.2 NEC Business Overview
- 7.2.3 NEC Microgrid Revenue and Gross Margin (2021-2026)
- 7.2.4 NEC Microgrid Product Portfolio
- 7.2.5 NEC Recent Developments
- 7.3 GE
- 7.3.1 GE Company Information
- 7.3.2 GE Business Overview
- 7.3.3 GE Microgrid Revenue and Gross Margin (2021-2026)
- 7.3.4 GE Microgrid Product Portfolio
- 7.3.5 GE Recent Developments
- 7.4 Aquion Energy
- 7.4.1 Aquion Energy Company Information
- 7.4.2 Aquion Energy Business Overview
- 7.4.3 Aquion Energy Microgrid Revenue and Gross Margin (2021-2026)
- 7.4.4 Aquion Energy Microgrid Product Portfolio
- 7.4.5 Aquion Energy Recent Developments
- 7.5 Echelon
- 7.5.1 Echelon Company Information
- 7.5.2 Echelon Business Overview
- 7.5.3 Echelon Microgrid Revenue and Gross Margin (2021-2026)
- 7.5.4 Echelon Microgrid Product Portfolio
- 7.5.5 Echelon Recent Developments
- 7.6 Raytheon
- 7.6.1 Raytheon Company Information
- 7.6.2 Raytheon Business Overview
- 7.6.3 Raytheon Microgrid Revenue and Gross Margin (2021-2026)
- 7.6.4 Raytheon Microgrid Product Portfolio
- 7.6.5 Raytheon Recent Developments
- 7.7 SandC Electric Co
- 7.7.1 SandC Electric Co Company Information
- 7.7.2 SandC Electric Co Business Overview
- 7.7.3 SandC Electric Co Microgrid Revenue and Gross Margin (2021-2026)
- 7.7.4 SandC Electric Co Microgrid Product Portfolio
- 7.7.5 SandC Electric Co Recent Developments
- 7.8 Eaton Corporation
- 7.8.1 Eaton Corporation Company Information
- 7.8.2 Eaton Corporation Business Overview
- 7.8.3 Eaton Corporation Microgrid Revenue and Gross Margin (2021-2026)
- 7.8.4 Eaton Corporation Microgrid Product Portfolio
- 7.8.5 Eaton Corporation Recent Developments
- 7.9 Sunverge Energy
- 7.9.1 Sunverge Energy Company Information
- 7.9.2 Sunverge Energy Business Overview
- 7.9.3 Sunverge Energy Microgrid Revenue and Gross Margin (2021-2026)
- 7.9.4 Sunverge Energy Microgrid Product Portfolio
- 7.9.5 Sunverge Energy Recent Developments
- 7.10 Siemens
- 7.10.1 Siemens Company Information
- 7.10.2 Siemens Business Overview
- 7.10.3 Siemens Microgrid Revenue and Gross Margin (2021-2026)
- 7.10.4 Siemens Microgrid Product Portfolio
- 7.10.5 Siemens Recent Developments
- 7.11 Toshiba
- 7.11.1 Toshiba Company Information
- 7.11.2 Toshiba Business Overview
- 7.11.3 Toshiba Microgrid Revenue and Gross Margin (2021-2026)
- 7.11.4 Toshiba Microgrid Product Portfolio
- 7.11.5 Toshiba Recent Developments
- 7.12 General Microgrids
- 7.12.1 General Microgrids Company Information
- 7.12.2 General Microgrids Business Overview
- 7.12.3 General Microgrids Microgrid Revenue and Gross Margin (2021-2026)
- 7.12.4 General Microgrids Microgrid Product Portfolio
- 7.12.5 General Microgrids Recent Developments
- 7.13 Lockheed Martin
- 7.13.1 Lockheed Martin Company Information
- 7.13.2 Lockheed Martin Business Overview
- 7.13.3 Lockheed Martin Microgrid Revenue and Gross Margin (2021-2026)
- 7.13.4 Lockheed Martin Microgrid Product Portfolio
- 7.13.5 Lockheed Martin Recent Developments
8 North America
- 8.1 North America Microgrid Revenue (2021-2032)
- 8.2 North America Microgrid Revenue by Type (2021-2032)
- 8.2.1 North America Microgrid Revenue by Type (2021-2026)
- 8.2.2 North America Microgrid Revenue by Type (2027-2032)
- 8.3 North America Microgrid Revenue Share by Type (2021-2032)
- 8.4 North America Microgrid Revenue by Application (2021-2032)
- 8.4.1 North America Microgrid Revenue by Application (2021-2026)
- 8.4.2 North America Microgrid Revenue by Application (2027-2032)
- 8.5 North America Microgrid Revenue Share by Application (2021-2032)
- 8.6 North America Microgrid Revenue by Country
- 8.6.1 North America Microgrid Revenue by Country (2021 VS 2025 VS 2032)
- 8.6.2 North America Microgrid Revenue by Country (2021-2026)
- 8.6.3 North America Microgrid Revenue by Country (2027-2032)
- 8.6.4 United States
- 8.6.5 Canada
- 8.6.6 Mexico
9 Europe
- 9.1 Europe Microgrid Revenue (2021-2032)
- 9.2 Europe Microgrid Revenue by Type (2021-2032)
- 9.2.1 Europe Microgrid Revenue by Type (2021-2026)
- 9.2.2 Europe Microgrid Revenue by Type (2027-2032)
- 9.3 Europe Microgrid Revenue Share by Type (2021-2032)
- 9.4 Europe Microgrid Revenue by Application (2021-2032)
- 9.4.1 Europe Microgrid Revenue by Application (2021-2026)
- 9.4.2 Europe Microgrid Revenue by Application (2027-2032)
- 9.5 Europe Microgrid Revenue Share by Application (2021-2032)
- 9.6 Europe Microgrid Revenue by Country
- 9.6.1 Europe Microgrid Revenue by Country (2021 VS 2025 VS 2032)
- 9.6.2 Europe Microgrid Revenue by Country (2021-2026)
- 9.6.3 Europe Microgrid Revenue by Country (2027-2032)
- 9.6.4 Germany
- 9.6.5 France
- 9.6.6 U.K.
- 9.6.7 Italy
- 9.6.8 Russia
- 9.6.9 Spain
- 9.6.10 Netherlands
- 9.6.11 Switzerland
- 9.6.12 Sweden
- 9.6.13 Poland
10 China
- 10.1 China Microgrid Revenue (2021-2032)
- 10.2 China Microgrid Revenue by Type (2021-2032)
- 10.2.1 China Microgrid Revenue by Type (2021-2026)
- 10.2.2 China Microgrid Revenue by Type (2027-2032)
- 10.3 China Microgrid Revenue Share by Type (2021-2032)
- 10.4 China Microgrid Revenue by Application (2021-2032)
- 10.4.1 China Microgrid Revenue by Application (2021-2026)
- 10.4.2 China Microgrid Revenue by Application (2027-2032)
- 10.5 China Microgrid Revenue Share by Application (2021-2032)
11 Asia (Excluding China)
- 11.1 Asia Microgrid Revenue (2021-2032)
- 11.2 Asia Microgrid Revenue by Type (2021-2032)
- 11.2.1 Asia Microgrid Revenue by Type (2021-2026)
- 11.2.2 Asia Microgrid Revenue by Type (2027-2032)
- 11.3 Asia Microgrid Revenue Share by Type (2021-2032)
- 11.4 Asia Microgrid Revenue by Application (2021-2032)
- 11.4.1 Asia Microgrid Revenue by Application (2021-2026)
- 11.4.2 Asia Microgrid Revenue by Application (2027-2032)
- 11.5 Asia Microgrid Revenue Share by Application (2021-2032)
- 11.6 Asia Microgrid Revenue by Country
- 11.6.1 Asia Microgrid Revenue by Country (2021 VS 2025 VS 2032)
- 11.6.2 Asia Microgrid Revenue by Country (2021-2026)
- 11.6.3 Asia Microgrid Revenue by Country (2027-2032)
- 11.6.4 Japan
- 11.6.5 South Korea
- 11.6.6 India
- 11.6.7 Australia
- 11.6.8 Taiwan
- 11.6.9 Southeast Asia
12 South America, Middle East and Africa
- 12.1 SAMEA Microgrid Revenue (2021-2032)
- 12.2 SAMEA Microgrid Revenue by Type (2021-2032)
- 12.2.1 SAMEA Microgrid Revenue by Type (2021-2026)
- 12.2.2 SAMEA Microgrid Revenue by Type (2027-2032)
- 12.3 SAMEA Microgrid Revenue Share by Type (2021-2032)
- 12.4 SAMEA Microgrid Revenue by Application (2021-2032)
- 12.4.1 SAMEA Microgrid Revenue by Application (2021-2026)
- 12.4.2 SAMEA Microgrid Revenue by Application (2027-2032)
- 12.5 SAMEA Microgrid Revenue Share by Application (2021-2032)
- 12.6 SAMEA Microgrid Revenue by Country
- 12.6.1 SAMEA Microgrid Revenue by Country (2021 VS 2025 VS 2032)
- 12.6.2 SAMEA Microgrid Revenue by Country (2021-2026)
- 12.6.3 SAMEA Microgrid Revenue by Country (2027-2032)
- 12.6.4 Brazil
- 12.6.5 Argentina
- 12.6.6 Chile
- 12.6.7 Colombia
- 12.6.8 Peru
- 12.6.9 Saudi Arabia
- 12.6.10 Israel
- 12.6.11 UAE
- 12.6.12 Turkey
- 12.6.13 Iran
- 12.6.14 Egypt
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
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