Microgrid Market - Top Companies and Manufacturers

Companies Dominating the Microgrid Landscape

General Electric Company
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Siemens AG
Eaton Corporation Inc.
Schneider Electric SE
Honeywell International Inc.
ABB, Ltd.
S&C Electric Company
Power Analytics Corporation
Exelon Corporation
HOMER Energy LLC

Browse Key Market Insights with Data Illustration:

Microgrid Market Size & Share | Industry Report, 2025-2037

In the News

Siemens AG created a grid software suite to manage the complexity of grid systems. An open, modular software suite has been developed by Siemens Smart Infrastructure. This suite includes a number of tools to simulate, analyze, monitor, and control the power grid. This makes it easier for utilities to optimize their systems, reduce costs, and increase reliability.
An innovative microgrid control Lab has been opened at the University of Central Florida (UCF) by Florida Power & Light Company (FPL) and GE Digital. This lab will serve as a research facility to explore new technologies and approaches to improving grid reliability and resiliency.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of microgrid is estimated at USD 11.33 billion.

The microgrid market size was over USD 10.24 billion in 2024 and is poised to cross USD 52.02 billion by the end of 2037, witnessing more than 13.2% CAGR during the forecast period i.e., between 2025-2037. Increasing focus on reducing carbon emissions and the need for reliable and secure power supply along with increasing energy production will boost the market growth.

North America is expected to be the largest with a share of about 38% by 2037, propelled by increasing need for reliable and uninterrupted power supply, especially in remote and rural areas, and increasing popularity of renewable energy sources such as solar and wind energy.

The major players in the market include General Electric Company, Siemens AG, Eaton Corporation Inc., Schneider Electric SE, Honeywell International Inc., ABB, Ltd., S&C Electric Company, Power Analytics Corporation, Exelon Corporation, HOMER Energy LLC.

Microgrid Market - Top Companies and Manufacturers

Companies Dominating the Microgrid Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the microgrid market?

Why is the microgrid sector gaining traction in near future?

Which region accounted for the largest microgrid industry share?

Who are the major microgrid players?