

The global Smart Microgrid Solutions market size was valued at US$ 21850 million in 2024 and is forecast to a readjusted size of USD 36790 million by 2031 with a CAGR of 7.8% during review period.
"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.
This report is a detailed and comprehensive analysis for global Smart Microgrid Solutions market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Smart Microgrid Solutions market size and forecasts, in consumption value ($ Million), 2020-2031
Global Smart Microgrid Solutions market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Smart Microgrid Solutions market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Smart Microgrid Solutions market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Microgrid Solutions
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Microgrid Solutions market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ARDA Power, BoxPower Inc, Eaton, GE Grid Solutions, Gham Power, Gridscape, SMA Solar Technology, Sagemcom, Scale Microgrid Solutions, SimpliPhi Power, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Âé¶¹Ô´´ segmentation
Smart Microgrid Solutions market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Âé¶¹Ô´´ segment by Type
Grid-connected Microgrid
Off-grid Microgrid
Âé¶¹Ô´´ segment by Application
Remote
Commercial and Industrial
Utility Distribution
Institutional and Military
Community
Others
Âé¶¹Ô´´ segment by players, this report covers
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
Âé¶¹Ô´´ segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Microgrid Solutions product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Microgrid Solutions, with revenue, gross margin, and global market share of Smart Microgrid Solutions from 2020 to 2025.
Chapter 3, the Smart Microgrid Solutions competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Smart Microgrid Solutions market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Microgrid Solutions.
Chapter 13, to describe Smart Microgrid Solutions research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Product Overview and Scope
1.2 Âé¶¹Ô´´ Estimation Caveats and Base Year
1.3 Classification of Smart Microgrid Solutions by Type
1.3.1 Overview: Global Smart Microgrid Solutions Âé¶¹Ô´´ Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Smart Microgrid Solutions Consumption Value Âé¶¹Ô´´ Share by Type in 2024
1.3.3 Grid-connected Microgrid
1.3.4 Off-grid Microgrid
1.4 Global Smart Microgrid Solutions Âé¶¹Ô´´ by Application
1.4.1 Overview: Global Smart Microgrid Solutions Âé¶¹Ô´´ Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Remote
1.4.3 Commercial and Industrial
1.4.4 Utility Distribution
1.4.5 Institutional and Military
1.4.6 Community
1.4.7 Others
1.5 Global Smart Microgrid Solutions Âé¶¹Ô´´ Size & Forecast
1.6 Global Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast by Region
1.6.1 Global Smart Microgrid Solutions Âé¶¹Ô´´ Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Smart Microgrid Solutions Âé¶¹Ô´´ Size by Region, (2020-2031)
1.6.3 North America Smart Microgrid Solutions Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.4 Europe Smart Microgrid Solutions Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Smart Microgrid Solutions Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.6 South America Smart Microgrid Solutions Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Smart Microgrid Solutions Âé¶¹Ô´´ Size and Prospect (2020-2031)
2 Company Profiles
2.1 ARDA Power
2.1.1 ARDA Power Details
2.1.2 ARDA Power Major Business
2.1.3 ARDA Power Smart Microgrid Solutions Product and Solutions
2.1.4 ARDA Power Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.1.5 ARDA Power Recent Developments and Future Plans
2.2 BoxPower Inc
2.2.1 BoxPower Inc Details
2.2.2 BoxPower Inc Major Business
2.2.3 BoxPower Inc Smart Microgrid Solutions Product and Solutions
2.2.4 BoxPower Inc Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.2.5 BoxPower Inc Recent Developments and Future Plans
2.3 Eaton
2.3.1 Eaton Details
2.3.2 Eaton Major Business
2.3.3 Eaton Smart Microgrid Solutions Product and Solutions
2.3.4 Eaton Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.3.5 Eaton Recent Developments and Future Plans
2.4 GE Grid Solutions
2.4.1 GE Grid Solutions Details
2.4.2 GE Grid Solutions Major Business
2.4.3 GE Grid Solutions Smart Microgrid Solutions Product and Solutions
2.4.4 GE Grid Solutions Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.4.5 GE Grid Solutions Recent Developments and Future Plans
2.5 Gham Power
2.5.1 Gham Power Details
2.5.2 Gham Power Major Business
2.5.3 Gham Power Smart Microgrid Solutions Product and Solutions
2.5.4 Gham Power Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.5.5 Gham Power Recent Developments and Future Plans
2.6 Gridscape
2.6.1 Gridscape Details
2.6.2 Gridscape Major Business
2.6.3 Gridscape Smart Microgrid Solutions Product and Solutions
2.6.4 Gridscape Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.6.5 Gridscape Recent Developments and Future Plans
2.7 SMA Solar Technology
2.7.1 SMA Solar Technology Details
2.7.2 SMA Solar Technology Major Business
2.7.3 SMA Solar Technology Smart Microgrid Solutions Product and Solutions
2.7.4 SMA Solar Technology Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.7.5 SMA Solar Technology Recent Developments and Future Plans
2.8 Sagemcom
2.8.1 Sagemcom Details
2.8.2 Sagemcom Major Business
2.8.3 Sagemcom Smart Microgrid Solutions Product and Solutions
2.8.4 Sagemcom Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.8.5 Sagemcom Recent Developments and Future Plans
2.9 Scale Microgrid Solutions
2.9.1 Scale Microgrid Solutions Details
2.9.2 Scale Microgrid Solutions Major Business
2.9.3 Scale Microgrid Solutions Smart Microgrid Solutions Product and Solutions
2.9.4 Scale Microgrid Solutions Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.9.5 Scale Microgrid Solutions Recent Developments and Future Plans
2.10 SimpliPhi Power
2.10.1 SimpliPhi Power Details
2.10.2 SimpliPhi Power Major Business
2.10.3 SimpliPhi Power Smart Microgrid Solutions Product and Solutions
2.10.4 SimpliPhi Power Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.10.5 SimpliPhi Power Recent Developments and Future Plans
2.11 Schweitzer Engineering Laboratories
2.11.1 Schweitzer Engineering Laboratories Details
2.11.2 Schweitzer Engineering Laboratories Major Business
2.11.3 Schweitzer Engineering Laboratories Smart Microgrid Solutions Product and Solutions
2.11.4 Schweitzer Engineering Laboratories Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.11.5 Schweitzer Engineering Laboratories Recent Developments and Future Plans
2.12 Schneider Electric
2.12.1 Schneider Electric Details
2.12.2 Schneider Electric Major Business
2.12.3 Schneider Electric Smart Microgrid Solutions Product and Solutions
2.12.4 Schneider Electric Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.12.5 Schneider Electric Recent Developments and Future Plans
2.13 Siemens
2.13.1 Siemens Details
2.13.2 Siemens Major Business
2.13.3 Siemens Smart Microgrid Solutions Product and Solutions
2.13.4 Siemens Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.13.5 Siemens Recent Developments and Future Plans
2.14 PowerSecure
2.14.1 PowerSecure Details
2.14.2 PowerSecure Major Business
2.14.3 PowerSecure Smart Microgrid Solutions Product and Solutions
2.14.4 PowerSecure Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.14.5 PowerSecure Recent Developments and Future Plans
2.15 Nidec Corporation
2.15.1 Nidec Corporation Details
2.15.2 Nidec Corporation Major Business
2.15.3 Nidec Corporation Smart Microgrid Solutions Product and Solutions
2.15.4 Nidec Corporation Smart Microgrid Solutions Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.15.5 Nidec Corporation Recent Developments and Future Plans
3 Âé¶¹Ô´´ Competition, by Players
3.1 Global Smart Microgrid Solutions Revenue and Share by Players (2020-2025)
3.2 Âé¶¹Ô´´ Share Analysis (2024)
3.2.1 Âé¶¹Ô´´ Share of Smart Microgrid Solutions by Company Revenue
3.2.2 Top 3 Smart Microgrid Solutions Players Âé¶¹Ô´´ Share in 2024
3.2.3 Top 6 Smart Microgrid Solutions Players Âé¶¹Ô´´ Share in 2024
3.3 Smart Microgrid Solutions Âé¶¹Ô´´: Overall Company Footprint Analysis
3.3.1 Smart Microgrid Solutions Âé¶¹Ô´´: Region Footprint
3.3.2 Smart Microgrid Solutions Âé¶¹Ô´´: Company Product Type Footprint
3.3.3 Smart Microgrid Solutions Âé¶¹Ô´´: Company Product Application Footprint
3.4 New Âé¶¹Ô´´ Entrants and Barriers to Âé¶¹Ô´´ Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Âé¶¹Ô´´ Size Segment by Type
4.1 Global Smart Microgrid Solutions Consumption Value and Âé¶¹Ô´´ Share by Type (2020-2025)
4.2 Global Smart Microgrid Solutions Âé¶¹Ô´´ Forecast by Type (2026-2031)
5 Âé¶¹Ô´´ Size Segment by Application
5.1 Global Smart Microgrid Solutions Consumption Value Âé¶¹Ô´´ Share by Application (2020-2025)
5.2 Global Smart Microgrid Solutions Âé¶¹Ô´´ Forecast by Application (2026-2031)
6 North America
6.1 North America Smart Microgrid Solutions Consumption Value by Type (2020-2031)
6.2 North America Smart Microgrid Solutions Âé¶¹Ô´´ Size by Application (2020-2031)
6.3 North America Smart Microgrid Solutions Âé¶¹Ô´´ Size by Country
6.3.1 North America Smart Microgrid Solutions Consumption Value by Country (2020-2031)
6.3.2 United States Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
6.3.3 Canada Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
6.3.4 Mexico Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
7 Europe
7.1 Europe Smart Microgrid Solutions Consumption Value by Type (2020-2031)
7.2 Europe Smart Microgrid Solutions Consumption Value by Application (2020-2031)
7.3 Europe Smart Microgrid Solutions Âé¶¹Ô´´ Size by Country
7.3.1 Europe Smart Microgrid Solutions Consumption Value by Country (2020-2031)
7.3.2 Germany Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.3 France Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.4 United Kingdom Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.5 Russia Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.6 Italy Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Smart Microgrid Solutions Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Smart Microgrid Solutions Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Smart Microgrid Solutions Âé¶¹Ô´´ Size by Region
8.3.1 Asia-Pacific Smart Microgrid Solutions Consumption Value by Region (2020-2031)
8.3.2 China Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.3 Japan Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.4 South Korea Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.5 India Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.6 Southeast Asia Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.7 Australia Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
9 South America
9.1 South America Smart Microgrid Solutions Consumption Value by Type (2020-2031)
9.2 South America Smart Microgrid Solutions Consumption Value by Application (2020-2031)
9.3 South America Smart Microgrid Solutions Âé¶¹Ô´´ Size by Country
9.3.1 South America Smart Microgrid Solutions Consumption Value by Country (2020-2031)
9.3.2 Brazil Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.3 Argentina Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Smart Microgrid Solutions Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Smart Microgrid Solutions Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Smart Microgrid Solutions Âé¶¹Ô´´ Size by Country
10.3.1 Middle East & Africa Smart Microgrid Solutions Consumption Value by Country (2020-2031)
10.3.2 Turkey Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.4 UAE Smart Microgrid Solutions Âé¶¹Ô´´ Size and Forecast (2020-2031)
11 Âé¶¹Ô´´ Dynamics
11.1 Smart Microgrid Solutions Âé¶¹Ô´´ Drivers
11.2 Smart Microgrid Solutions Âé¶¹Ô´´ Restraints
11.3 Smart Microgrid Solutions Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Smart Microgrid Solutions Industry Chain
12.2 Smart Microgrid Solutions Upstream Analysis
12.3 Smart Microgrid Solutions Midstream Analysis
12.4 Smart Microgrid Solutions Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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
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*If Applicable.