According to a market report by Lucintel, the future of the global urban microgrid system market looks promising with opportunities in the public utility, shopping mall, and hotel markets. The global urban microgrid system market is expected to reach an estimated $41 billion by 2031 from $18 billion in 2025 at a CAGR of 15.3% from 2025 to 2031. The major drivers for this market are rising demand for resilient, sustainable, and decentralized energy solutions and growing need to modernize the existing grid infrastructure to accommodate renewable energy sources.
A more
than 150-page report to understand trends, opportunity and forecast in global urban
microgrid system market to 2031 by type (grid-tied type microgrid and
independent type microgrid), application (public utilities, shopping mall,
hotel, and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel
forecasts that, within the type category, grid-tied type microgrid is expected
to witness higher growth over the forecast period.
Within the
application category, public utility will remain the largest segment.
Download
sample by clicking on global urban
microgrid system market.
In terms
of regions, APAC is expected to witness highest growth over the forecast
period.
GE, ABB,
S&C Electric Co, Sunverge Energy, Echelon, Siemens, General Microgrids are
the major suppliers in the urban
microgrid system market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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