The market value of microgrids is forecast to grow globally, while the world's need for a reliable, efficient, and resilient power grid increases. China's microgrids market will account for a compound annual growth rate of 19.5 percent between 2023 and 2027, above the CAGR of the worldwide market of approximately 16 percent.
Compound annual growth rate (CAGR) of the microgrid market worldwide from 2023 to 2027, by leading country
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Energy Monitor. (May 11, 2023). Compound annual growth rate (CAGR) of the microgrid market worldwide from 2023 to 2027, by leading country [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1384621/compound-annual-growth-of-microgrid-market-by-main-country/
Energy Monitor. "Compound annual growth rate (CAGR) of the microgrid market worldwide from 2023 to 2027, by leading country." Chart. May 11, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1384621/compound-annual-growth-of-microgrid-market-by-main-country/
Energy Monitor. (2023). Compound annual growth rate (CAGR) of the microgrid market worldwide from 2023 to 2027, by leading country. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1384621/compound-annual-growth-of-microgrid-market-by-main-country/
Energy Monitor. "Compound Annual Growth Rate (Cagr) of The Microgrid Market Worldwide from 2023 to 2027, by Leading Country." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/1384621/compound-annual-growth-of-microgrid-market-by-main-country/
Energy Monitor, Compound annual growth rate (CAGR) of the microgrid market worldwide from 2023 to 2027, by leading country Statista, https://www.statista.com/statistics/1384621/compound-annual-growth-of-microgrid-market-by-main-country/ (last visited November 23, 2024)
Compound annual growth rate (CAGR) of the microgrid market worldwide from 2023 to 2027, by leading country [Graph], Energy Monitor, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/1384621/compound-annual-growth-of-microgrid-market-by-main-country/
