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Global Solar Microgrid Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Solar Microgrid Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Grid-Tied
    • 1.3.3 Independent
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Solar Microgrid Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Commercial
    • 1.4.3 Industrial
    • 1.4.4 Utilities
    • 1.4.5 Military
    • 1.4.6 Others
  • 1.5 Global Solar Microgrid Market Size & Forecast
    • 1.5.1 Global Solar Microgrid Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Solar Microgrid Sales Quantity (2020-2031)
    • 1.5.3 Global Solar Microgrid Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 ABB
    • 2.1.1 ABB Details
    • 2.1.2 ABB Major Business
    • 2.1.3 ABB Solar Microgrid Product and Services
    • 2.1.4 ABB Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 ABB Recent Developments/Updates
  • 2.2 NEC
    • 2.2.1 NEC Details
    • 2.2.2 NEC Major Business
    • 2.2.3 NEC Solar Microgrid Product and Services
    • 2.2.4 NEC Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 NEC Recent Developments/Updates
  • 2.3 GE
    • 2.3.1 GE Details
    • 2.3.2 GE Major Business
    • 2.3.3 GE Solar Microgrid Product and Services
    • 2.3.4 GE Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 GE Recent Developments/Updates
  • 2.4 Aquion Energy
    • 2.4.1 Aquion Energy Details
    • 2.4.2 Aquion Energy Major Business
    • 2.4.3 Aquion Energy Solar Microgrid Product and Services
    • 2.4.4 Aquion Energy Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Aquion Energy Recent Developments/Updates
  • 2.5 Echelon
    • 2.5.1 Echelon Details
    • 2.5.2 Echelon Major Business
    • 2.5.3 Echelon Solar Microgrid Product and Services
    • 2.5.4 Echelon Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Echelon Recent Developments/Updates
  • 2.6 Raytheon
    • 2.6.1 Raytheon Details
    • 2.6.2 Raytheon Major Business
    • 2.6.3 Raytheon Solar Microgrid Product and Services
    • 2.6.4 Raytheon Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Raytheon Recent Developments/Updates
  • 2.7 S&C Electric Company
    • 2.7.1 S&C Electric Company Details
    • 2.7.2 S&C Electric Company Major Business
    • 2.7.3 S&C Electric Company Solar Microgrid Product and Services
    • 2.7.4 S&C Electric Company Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 S&C Electric Company Recent Developments/Updates
  • 2.8 Eaton Corporation
    • 2.8.1 Eaton Corporation Details
    • 2.8.2 Eaton Corporation Major Business
    • 2.8.3 Eaton Corporation Solar Microgrid Product and Services
    • 2.8.4 Eaton Corporation Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Eaton Corporation Recent Developments/Updates
  • 2.9 Sunverge Energy
    • 2.9.1 Sunverge Energy Details
    • 2.9.2 Sunverge Energy Major Business
    • 2.9.3 Sunverge Energy Solar Microgrid Product and Services
    • 2.9.4 Sunverge Energy Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Sunverge Energy Recent Developments/Updates
  • 2.10 Siemens
    • 2.10.1 Siemens Details
    • 2.10.2 Siemens Major Business
    • 2.10.3 Siemens Solar Microgrid Product and Services
    • 2.10.4 Siemens Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Siemens Recent Developments/Updates
  • 2.11 Toshiba
    • 2.11.1 Toshiba Details
    • 2.11.2 Toshiba Major Business
    • 2.11.3 Toshiba Solar Microgrid Product and Services
    • 2.11.4 Toshiba Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Toshiba Recent Developments/Updates
  • 2.12 General Microgrids
    • 2.12.1 General Microgrids Details
    • 2.12.2 General Microgrids Major Business
    • 2.12.3 General Microgrids Solar Microgrid Product and Services
    • 2.12.4 General Microgrids Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 General Microgrids Recent Developments/Updates
  • 2.13 Lockheed Martin
    • 2.13.1 Lockheed Martin Details
    • 2.13.2 Lockheed Martin Major Business
    • 2.13.3 Lockheed Martin Solar Microgrid Product and Services
    • 2.13.4 Lockheed Martin Solar Microgrid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Lockheed Martin Recent Developments/Updates

3 Competitive Environment: Solar Microgrid by Manufacturer

  • 3.1 Global Solar Microgrid Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Solar Microgrid Revenue by Manufacturer (2020-2025)
  • 3.3 Global Solar Microgrid Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Solar Microgrid by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Solar Microgrid Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Solar Microgrid Manufacturer Market Share in 2024
  • 3.5 Solar Microgrid Market: Overall Company Footprint Analysis
    • 3.5.1 Solar Microgrid Market: Region Footprint
    • 3.5.2 Solar Microgrid Market: Company Product Type Footprint
    • 3.5.3 Solar Microgrid Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Solar Microgrid Market Size by Region
    • 4.1.1 Global Solar Microgrid Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Solar Microgrid Consumption Value by Region (2020-2031)
    • 4.1.3 Global Solar Microgrid Average Price by Region (2020-2031)
  • 4.2 North America Solar Microgrid Consumption Value (2020-2031)
  • 4.3 Europe Solar Microgrid Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Solar Microgrid Consumption Value (2020-2031)
  • 4.5 South America Solar Microgrid Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Solar Microgrid Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Solar Microgrid Sales Quantity by Type (2020-2031)
  • 5.2 Global Solar Microgrid Consumption Value by Type (2020-2031)
  • 5.3 Global Solar Microgrid Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Solar Microgrid Sales Quantity by Application (2020-2031)
  • 6.2 Global Solar Microgrid Consumption Value by Application (2020-2031)
  • 6.3 Global Solar Microgrid Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Solar Microgrid Sales Quantity by Type (2020-2031)
  • 7.2 North America Solar Microgrid Sales Quantity by Application (2020-2031)
  • 7.3 North America Solar Microgrid Market Size by Country
    • 7.3.1 North America Solar Microgrid Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Solar Microgrid Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Solar Microgrid Sales Quantity by Type (2020-2031)
  • 8.2 Europe Solar Microgrid Sales Quantity by Application (2020-2031)
  • 8.3 Europe Solar Microgrid Market Size by Country
    • 8.3.1 Europe Solar Microgrid Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Solar Microgrid Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Solar Microgrid Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Solar Microgrid Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Solar Microgrid Market Size by Region
    • 9.3.1 Asia-Pacific Solar Microgrid Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Solar Microgrid Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Solar Microgrid Sales Quantity by Type (2020-2031)
  • 10.2 South America Solar Microgrid Sales Quantity by Application (2020-2031)
  • 10.3 South America Solar Microgrid Market Size by Country
    • 10.3.1 South America Solar Microgrid Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Solar Microgrid Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Solar Microgrid Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Solar Microgrid Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Solar Microgrid Market Size by Country
    • 11.3.1 Middle East & Africa Solar Microgrid Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Solar Microgrid Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Solar Microgrid Market Drivers
  • 12.2 Solar Microgrid Market Restraints
  • 12.3 Solar Microgrid Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Solar Microgrid and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Solar Microgrid
  • 13.3 Solar Microgrid Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Solar Microgrid Typical Distributors
  • 14.3 Solar Microgrid Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Solar Microgrid market size was valued at US$ 1109 million in 2024 and is forecast to a readjusted size of USD 1666 million by 2031 with a CAGR of 6.1% during review period.
    A microgrid is a local, independently controlled power grid that can integrate distributed energy resources (DERs) into the main electric grid. Microgrids can distribute all kinds of energy resources, including renewable energy to fossil fuels. A solar microgrid is a specific type of microgrid that generates electricity using solar power. A residential solar panel system complete with battery storage is a type of solar microgrid.
    China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.261 GW.
    This report is a detailed and comprehensive analysis for global Solar Microgrid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Solar Microgrid market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
    Global Solar Microgrid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
    Global Solar Microgrid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
    Global Solar Microgrid market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 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 Solar Microgrid
    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 Solar Microgrid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, NEC, GE, Aquion Energy, Echelon, Raytheon, S&C Electric Company, Eaton Corporation, Sunverge Energy, Siemens, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Solar Microgrid 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 in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Grid-Tied
    Independent
    Market segment by Application
    Commercial
    Industrial
    Utilities
    Military
    Others
    Major players covered
    ABB
    NEC
    GE
    Aquion Energy
    Echelon
    Raytheon
    S&C Electric Company
    Eaton Corporation
    Sunverge Energy
    Siemens
    Toshiba
    General Microgrids
    Lockheed Martin
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Solar Microgrid product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Solar Microgrid, with price, sales quantity, revenue, and global market share of Solar Microgrid from 2020 to 2025.
    Chapter 3, the Solar Microgrid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Solar Microgrid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solar Microgrid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Microgrid.
    Chapter 14 and 15, to describe Solar Microgrid sales channel, distributors, customers, research findings and conclusion.

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