Global Microgrid Market Size & Outlook, 2026-2033
Global microgrid market, 2021-2033 (US$M)
Related Markets
Global microgrid market highlights
- The global microgrid market generated a revenue of USD 99,760.8 million in 2025 and is expected to reach USD 406,225.5 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 19.7% by 2033.
- In terms of segment, chp accounted for a revenue of USD 44,317.2 million in 2025.
- CHP is the most lucrative power source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2025.
- Country-wise, China is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 99,760.8 million |
| Market revenue in 2033 | USD 406,225.5 million |
| Growth rate | 19.7% (CAGR from 2026 to 2033) |
| Largest segment | Chp |
| Fastest growing segment | CHP |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CHP, Natural Gas, Solar PV, Diesel, Fuel Cell |
Other key industry trends
- In terms of revenue, the North America accounted for 35.5% of the global microgrid market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, China is the fastest growing regional market and is projected to reach USD 47,046.2 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Microgrid Market Scope
Microgrid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Viridien | View profile | 3515 | 27 avenue Carnot, Massy, France, 91300 | https://www.cgg.com |
| Northland Power Inc | View profile | 1344 | 30 Street Clair Avenue West, 17th Floor, Toronto, ON, Canada, M4V 3A1 | https://www.northlandpower.com |
| Exelon Corp | View profile | 19962 | 10 South Dearborn Street, 54th Floor, P.O. Box 805379, Chicago, IL, United States, 60680-5379 | https://www.exeloncorp.com |
| NRG Energy Inc | View profile | 18131 | 910 Louisiana Street, Houston, TX, United States, 77002 | https://www.nrg.com |
| Spirit AeroSystems Holdings Inc Class A | View profile | 20655 | 3801 South Oliver Street, Wichita, KS, United States, 67210 | https://www.spiritaero.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Global microgrid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microgrid market will help companies and investors design strategic landscapes.
Chp was the largest segment with a revenue share of 44.42% in 2025. Horizon Databook has segmented the Global microgrid market based on chp, natural gas, solar pv, diesel, fuel cell covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Microgrid Power Source Outlook (Revenue, USD Million, 2021-2033)
- CHP
- Natural Gas
- Solar PV
- Diesel
- Fuel Cell
- Others
- Global Microgrid Product Outlook (Revenue, USD Million, 2021-2033)
- Remote
- Grid Connected
- Hybrid
- Global Microgrid Application Outlook (Revenue, USD Million, 2021-2033)
- Government
- Education
- Commercial
- Utility
- Defense
- Others
Reasons to subscribe to Global microgrid market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global microgrid market databook
-
Our clientele includes a mix of microgrid market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global microgrid market , including forecasts for subscribers. This global databook contains high-level insights into Global microgrid market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global microgrid market size, by regions, 2021-2033 (US$M)
Top 10 countries: Microgrid market size, 2025 (US$M)
Global microgrid market share, by power source, 2025 & 2033 (%, US$M)
Microgrid market: Opportunity assessment by country
Global microgrid market, by region, 2025 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
