Global Microgrid Market Projected to Reach $95.16 Billion by 2030

The microgrid market is forecast to expand from about $43.47 billion in 2025 to $95.16 billion by 2030, representing a compound annual growth rate of roughly 17 %. Growth is driven by the rising need for energy resilience and uninterrupted power across commercial, industrial and institutional facilities, as well as increased integration of renewable energy sources, battery storage and advanced smart‑energy management systems.

Supportive government policies, regulatory incentives and decarbonisation targets further encourage deployment, especially in remote and off‑grid locations. The software segment is expected to record the highest CAGR, propelled by AI, IoT and digital‑twin technologies that enable real‑time monitoring, predictive analytics, cloud‑based scalability and automated load balancing, positioning software as a central enabler of flexible, resilient microgrid operations worldwide.