Product Code: GVR-4-68040-598-8
Microgrid As A Service Market Growth & Trends:
The global microgrid as a service market size is anticipated to reach USD 6.56 billion by 2030, growing at a CAGR of 14.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for energy resilience and reliability is a primary driver, as businesses and communities seek solutions to mitigate power outages and ensure continuous operations. Microgrids offer localized energy generation and storage, enhancing energy security and reducing dependence on centralized grids.
Additionally, the integration of renewable energy sources such as solar and wind into microgrid systems aligns with global efforts to reduce carbon emissions and transition towards cleaner energy alternatives. Advancements in energy storage technologies, including lithium-ion batteries and emerging solutions like flow batteries, play a crucial role in enhancing the efficiency and resilience of microgrids. These storage systems store excess energy generated from renewable sources, enabling smoother energy supply during periods of high demand or grid outages.
Government initiatives and supportive regulations are also contributing to the market's expansion. Many governments are offering incentives, subsidies, and policy support for microgrid development and deployment. These incentives can drive growth in the MaaS market by reducing financial barriers and encouraging adoption. Furthermore, the adoption of Energy-as-a-Service (EaaS) models allows customers to deploy microgrid control systems without upfront costs, reducing complexity and financial risk. This approach enables more microgrids to be built, particularly in regions with limited access to traditional energy infrastructure.
Technological advancements in AI-driven energy management, IoT monitoring, and blockchain-based peer-to-peer trading are enhancing efficiency, while the shift from CAPEX to subscription-based OPEX models is making microgrids more accessible. Emerging economies are leveraging MaaS for rural electrification, while developed markets focus on grid modernization and energy independence.
Challenges such as high initial costs and regulatory fragmentation persist, but falling renewable technology prices and increasing extreme weather events continue to propel demand. North America and Asia-Pacific lead in deployments, while regions like Africa and Latin America show strong potential for off-grid and hybrid solutions.
Microgrid As A Service Market Report Highlights:
- Based on service type, Operation & Maintenance (O&M) Service dominated the market with a revenue share of 39.21% in 2024 due to its critical role in ensuring the reliable and efficient performance of microgrid systems. Regular O&M helps prevent downtime, optimize energy output, and extend the lifespan of equipment, which is essential for customers aiming to maximize their investment.
- Based on grid type, islanded is anticipated to register the fastest CAGR of 17.3% over the forecast period, due to its ability to operate independently from the main grid, providing reliable and resilient power in remote, off-grid, and disaster-prone areas.
- North America was the dominant region for the microgrid as a service industry with a revenue share of over 39.87% in 2024, driven by the increasing need for energy resilience and reliability, especially in the face of frequent power outages caused by extreme weather events and aging infrastructure.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Data Analysis Models
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Global Microgrid as a Service Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Technology Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Technology
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Microgrid as a Service Market: Service Type Estimates & Trend Analysis
- 4.1. Microgrid as a Service Market: Service type Movement Analysis, 2024 & 2030
- 4.2. Software as a Service
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Monitoring & Control Service
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Operation & Maintenance (O&M) Service
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Microgrid as a Service Market: Grid Type Estimates & Trend Analysis
- 5.1. Microgrid as a Service Market: Grid type Movement Analysis, 2024 & 2030
- 5.2. Islanded
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Grid Type
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Microgrid as a Service Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2024 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.2.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.4.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.2.4.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.5.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.2.5.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.6.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.2.6.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3.5. Spain
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3.6. UK
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3.7. France
- 6.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.7.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.7.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3.8. Russia
- 6.3.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.8.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.8.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.3.9. Italy
- 6.3.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.9.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.3.9.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.4.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.4.7. Australia
- 6.4.7.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.4.7.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.5.5. Argentina
- 6.5.5.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.5.5.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.6.4.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.6.5. South Africa
- 6.6.5.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.6.5.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
- 6.6.6. UAE
- 6.6.6.1. Market estimates and forecasts, by service type, 2018 - 2030 (USD Million)
- 6.6.6.2. Market estimates and forecasts, by grid type, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Heat Map Analysis
- 7.4. Vendor Landscape
- 7.4.1. List of equipment suppliers
- 7.4.2. List of distributors
- 7.5. List of prospective end-users
- 7.6. Strategy Initiatives by Typers
- 7.7. Company Profiles/Listing
- 7.7.1. Eaton
- 7.7.1.1. Company Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Product Benchmarking
- 7.7.2. ABB
- 7.7.2.1. Company Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Product Benchmarking
- 7.7.3. GE
- 7.7.3.1. Company Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Product Benchmarking
- 7.7.4. Younicos
- 7.7.4.1. Company Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Product Benchmarking
- 7.7.5. Green Energy Corp
- 7.7.5.1. Company Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Product Benchmarking
- 7.7.6. NRG Energy
- 7.7.6.1. Company Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Product Benchmarking
- 7.7.7. EnSync Energy
- 7.7.7.1. Company Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Product Benchmarking
- 7.7.8. Spirae
- 7.7.8.1. Company Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Product Benchmarking
- 7.7.9. PowerSecure
- 7.7.9.1. Company Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Product Benchmarking
- 7.7.10. Ameresco
- 7.7.10.1. Company Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Product Benchmarking
- 7.7.11. Schneider Electric
- 7.7.11.1. Company Overview
- 7.7.11.2. Financial Performance
- 7.7.11.3. Product Benchmarking
- 7.7.12. ENGIE
- 7.7.12.1. Company Overview
- 7.7.12.2. Financial Performance
- 7.7.12.3. Product Benchmarking