The microgrid market exhibits high growth potential in commercial and industrial sectors. The current business scenario is witnessing an increase in demand for energy, particularly in developing regions such as China and India, owing to surge in population and rise in demand for energy. Companies in this industry are adopting various innovative techniques, such as …
Tag Archives: Microgrid Market Forecast
At 14.9% CAGR Global Microgrid Market Size to Reach $59.74 Billion by 2030
Allied Market Research published a report, titled,” Microgrid Market by Connectivity (Grid Connected and Off-grid Connected), Type (AC Microgrids, DC Microgrids, and Hybrid) and End User (Commercial & Industrial, Government, Healthcare, Remote, Utility, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2030.” According to the report, the global microgrid industry was estimated at $15.88billion in 2020, and is anticipated to …
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