Microgrid Market Report The global microgrid market size reached US$ 32.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 74.5 Billion by 2032, exhibiting a growth rate (CAGR) of 9.5% during 2024-2032. The rising energy demand in remote areas is increasing the need for independent power systems, which is stimulating the market. Read More-https://www.imarcgroup.com/microgrid-market

https://www.fmiblog.com/2024/07/15/microgrid-market-is-expected-to-reach-a-strong-valuation-of-usd-113265-7-million-by-2033-future-market-insights-inc/

Microgrid Market Report The global microgrid market size reached US$ 32.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 74.5 Billion by 2032, exhibiting a growth rate (CAGR) of 9.5% during 2024-2032. The growing demand for enhanced energy security, along with the need for reliable power, rising need for cleaner and more sustainable energy sources, and increasing demand for cost-effective energy systems are some of the major factors propelling the market. Read More-https://www.imarcgroup.com/microgrid-market