The global microgrid market value is forecast to grow from approximately 30 billion U.S. dollars in 2022 to over 60.5 billion U.S. dollars by 2027. The estimated compound annual growth rate (CAGR) between 2023 and 2027 is 16 percent. In 2027, the worldwide leader in the microgrids market will be the Asia-Pacific region.
Value of the microgrid market worldwide in 2022, with a forecast for 2027
(in billion U.S. dollars)
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Energy Monitor. (May 11, 2023). Value of the microgrid market worldwide in 2022, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1384619/global-microgrid-market-value/
Energy Monitor. "Value of the microgrid market worldwide in 2022, with a forecast for 2027 (in billion U.S. dollars)." Chart. May 11, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1384619/global-microgrid-market-value/
Energy Monitor. (2023). Value of the microgrid market worldwide in 2022, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1384619/global-microgrid-market-value/
Energy Monitor. "Value of The Microgrid Market Worldwide in 2022, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/1384619/global-microgrid-market-value/
Energy Monitor, Value of the microgrid market worldwide in 2022, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1384619/global-microgrid-market-value/ (last visited November 23, 2024)
Value of the microgrid market worldwide in 2022, with a forecast for 2027 (in billion U.S. dollars) [Graph], Energy Monitor, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/1384619/global-microgrid-market-value/
