The global microgrid market size was valued at $15.88 billion in 2020, and is projected to reach $59.74 billion by 2030, registering a CAGR of 14.9% from 2021 to 2030. The Microgrid Market study provides a qualitative analysis of a variety of factors, such as the immediate impact on market size, regulatory framework, economic influence, …
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Microgrid Market Size, Share, Growth, Trends | Industry Analysis and Forecast-2030
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 …
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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