Global Smart Microgrid Solutions Market Growth (Status and Outlook) 2025-2031

The global Smart Microgrid Solutions market size is predicted to grow from US$ 22270 million in 2025 to US$ 35930 million in 2031; it is expected to grow at a CAGR of 8.3% from 2025 to 2031.

"A microgrid is a group of interconnected loads and distributed energy resources (DERs) with clearly defined electrical boundaries that acts as a single, controllable entity with respect to the grid. A microgrid can connect and disconnect from the grid to enable its operations in both grid-connected or islanded mode" – US DOE Microgrid Exchange Group, 2010

With the ever-increasing energy demand and the urgent need for energy transition, smart microgrid solutions are gaining significant attention. A smart microgrid is an energy system that integrates distributed energy resources, energy storage facilities, and intelligent control systems. It can provide reliable power supply within a local area while efficiently managing and optimizing energy utilization. In the current market trends, smart microgrids exhibit several notable advantages. Firstly, they facilitate the widespread adoption of renewable energy, reducing reliance on traditional fossil fuels and aligning with the path towards sustainability. Secondly, through intelligent energy management systems, smart microgrids enable precise monitoring, scheduling, and optimization of energy resources, thereby enhancing energy utilization efficiency and minimizing waste. Moreover, smart microgrids offer more reliable energy supply, particularly during natural disasters or power system failures, by ensuring localized independent power generation and enhancing disaster resilience. Taking all factors into consideration, smart microgrid solutions hold a crucial position in the future energy landscape and are poised to be an innovative direction in the field of energy development.

LPI (LP Information)' newest research report, the “Smart Microgrid Solutions Industry Forecast” looks at past sales and reviews total world Smart Microgrid Solutions sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Microgrid Solutions sales for 2025 through 2031. With Smart Microgrid Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Microgrid Solutions industry.

This Insight Report provides a comprehensive analysis of the global Smart Microgrid Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Microgrid Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Microgrid Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Microgrid Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Microgrid Solutions.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Microgrid Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
Grid-connected Microgrid
Off-grid Microgrid

Segmentation by Application:
Remote
Commercial and Industrial
Utility Distribution
Institutional and Military
Community
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ARDA Power
BoxPower Inc
Eaton
GE Grid Solutions
Gham Power
Gridscape
SMA Solar Technology
Sagemcom
Scale Microgrid Solutions
SimpliPhi Power
Schweitzer Engineering Laboratories
Schneider Electric
Siemens
PowerSecure
Nidec Corporation

Please note: The report will take approximately 2 business days to prepare and deliver.