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Microgrid As A Service Market To Reach $6.56Bn By 2030

Microgrid As A Service Market To Reach $6.56 Billion By 2030

June 2025 | Report Format: Electronic (PDF)

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.

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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.