Soaring industrialization and urbanization has augured well for the microgrid market as the demand for affordable and trustworthy power soars. Besides, embracement of renewables as a clean source of energy and augmentation of renewable energy are projected to shore up the microgrid market. Predominantly, owing to efficient combined heat & power (CHP) and minimizing line losses, fuel utilization and carbon footprint, microgrid market has received accolades from around the corner. Further ... Read more

The report "Microgrid Market by Connectivity (Grid Connected and Off-Grid Connected), Offering (Hardware and Software & Services), End-Use (Commercial & Industrial, Remote, Instituites & Campuses), Grid Type, Pattern, Region - Global Forecast to 2025", is projected to reach USD 47.4 billion by 2025 from USD 28.6 billion in 2020, at a CAGR of 10.6% between 2020 ... Read more