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 January 08, 2025, 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 January 08, 2025. 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: January 08, 2025. 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 January 08, 2025)
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/
