What is the current Microgrid as a Service Market size?

The Microgrid as a Service Market is projected to register a CAGR of 15% during the forecast period (2024-2029) Read More

Who are the key players in Microgrid as a Service Market?

ABB Ltd., General Electric Company, Siemens AG, Eaton Corporation Inc and Schneider Electric SE are the major companies operating in the Microgrid as a Service Market. Read More

Which is the fastest growing region in Microgrid as a Service Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Microgrid as a Service Market?

In 2024, the North America accounts for the largest market share in Microgrid as a Service Market. Read More

What years does this Microgrid as a Service Market cover?

The report covers the Microgrid as a Service Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Microgrid as a Service Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Microgrid as a Service Market

Microgrid as a Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Microgrid-as-a-Service (MaaS) Companies and the market is segmented by Service Type (Engineering and Design Service, Software as a Service, Monitoring and Control Services), End-user Vertical (Government, Industrial, Residential & Commercial), and Geography.

Microgrid-as-a-Service Industry Overview

The Microgrid as a Service Market is highly competitive owing to the presence of many large players in the market that are operating in domestic and international markets. The market appears to be moderately concentrated with the major players adopting strategies like product innovation and mergers and acquisitions primarily to expand their service offerings and expand their global reach while staying ahead of the competition. Some of the major players in the market are ABB Ltd., General Electric Company, Siemens AG, Eaton Corporation among others.

Nov 2019 - Siemens and a renewable energy developer juwi entered into a strategic technology partnership to focus on the microgrids in the mining industry. Both the companies aim to roll-out and continuously develop the advanced microgrid control systems that will enable the seamless integration of power from renewable energy to a mine's off-grid power supply.
Apr 2019 - Rolls-Royce Power Systems announced that they will partner with technology company ABB for the advancements in microgrid technology and advanced automation. Both the companies aims to create an energy-efficient microgrid solution for commercial and industrial companies.