Companies Dominating the Remote Microgrid Landscape
- Schneider Electric
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- ABB
- Homer Energy
- Siemens
- General Electric
- AlphaStruxure
- Bloom Energy
- Eaton Corporation
- Gridscape Solutions
- Honeywell
- NRG Energy
- Enel Green Power
- Engie SA
- POWERCHINA
The global remote microgrid market is positioned to witness a surge in revenue share during the forecast period. Key market players are focused on acquisitions and partnerships to provide microgrid solutions to remote communities and compete to acquire increasing government tenders to operate and manage microgrids in rural areas. The competitive market landscape has local and global players vying to increase their revenue share.
Here are some key players in the market:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
The global remote microgrid market attained a valuation of USD 8.8 billion in 2024 and is projected to register a profitable CAGR of 20.2% during the forecast period, i.e., 2025-2037.
The global remote microgrid market attained a valuation of USD 8.8 billion in 2024 and is poised to register USD 97.2 billion by 2037 at a profitable CAGR of 20.2% during the forecast period, i.e., 2025-2037. The global market is poised to register USD 10.6 billion in 2025.
The major players in the market are Schneider Electric, ABB, Homer Energy, Siemens, General Electric, AlphaStruxure, Bloom Energy, Eaton Corporation, Gridscape Solutions, Honeywell, NRG Energy, Enel Green Power, Engie SA, and others.
The AC segment is poised to dominate the revenue share with a 51.6% market share during the forecast period. The segment’s growth is attributed to its compatibility with existing infrastructure and increasing adoption due to its cost-efficiency in power protection systems.
Asia Pacific is poised to account for the largest market share of 26.4% by 2037 due to large-scale investments in renewable energy power sources and government push to provide remote microgrid solutions to rural communities.
