Microgrid Market Size, Share, Trends, Dynamics, Forecast, Industry, & Growth Analysis

The Microgrid Market was estimated at USD 29.15 billion in 2022 and is likely to grow at a CAGR of 19.00% during 2023-2028 to reach USD 82.79 billion in 2028. The industry landscape will be bolstered by the rising need for a stable and reliable power supply, as well as rising electrification rates, primarily in developing economies.