The global Microgrid Market will be worth USD 61.18 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing demand for clean sources of energy. Increasing government initiatives to reduce carbon footprints on the environment and lower the dependency on fossil-fuel-based power generation to produce electricity is expected to increase the demand for the technology. https://www.emergenresearch.com/industry-report/microgrid-market
Microgrid Market Share, Size | Microgrid Industry Trends by 2027
Microgrid market size was valued at USD 28.80 Billion in 2019 and is forecasted to reach USD 61.18 Billion by 2027 at a CAGR of 10.5%. Microgrid report classifies global market by share, trend, and on the basis of power, product, application, and region | Microgrids industry | microgrid market research | microgrid market forecast | microgrid companies | microgrid trends
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