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Press Release

Nov, 17 2023

Revolutionizing Energy Connectivity: Microgrid Solutions Empower Sustainable Offerings for a Brighter Future

The microgrid market encompasses two connectivity options: off-grid/island/remote and grid connected. Off-grid microgrids provide energy independence in remote areas, while grid connected microgrids seamlessly integrate with the main power grid. The market offerings comprise hardware, software, and services, enabling the construction, control, and maintenance of microgrids. These diverse options cater to various energy needs, ranging from remote locations to urban settings, driving the adoption of microgrid solutions.

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Data Bridge Market Research analyses that the Europe Microgrid Market value, which was USD 2,287.60 million in 2021, and is expected to reach the value of USD 7,295.30 million by 2029, at a CAGR of 15.6% during the forecast period 2022-2029. Microgrids are a driver in the market due to their ability to reduce energy costs by optimizing power generation and distribution, resulting in more efficient energy management, lower operational expenses, and increased cost savings for users.

Key Findings of the Study

Europe microgrid market

Grid decentralization is expected to drive the market's growth rate

The decentralization of power grids is a pivotal driver in the microgrid market. Microgrids assume a vital role in this transition by enabling localized control over energy generation and consumption. They offer grid operators and communities the ability to integrate renewable energy sources, manage peak demand efficiently, and enhance energy reliability. This trend aligns with the shift towards more sustainable and resilient energy systems, making microgrids a crucial component in the evolving energy landscape.

Report Scope and Market Segmentation

Report Metric


Forecast Period

2022 to 2029

Base Year


Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Connectivity (Off-Grid/Island/Remote, Grid Connected), Offering (Hardware, Software, Services), Pattern (Urban, Semi-Urban, Remote Island), Source (Diesel Generators, CHP, Solar Pv, Natural Gas, Others), Storage (Lithium-Ion, Lead Acid, Solar Batteries, Flywheel, Others), Grid Type (AC Microgrid, DC Microgrid, Hybrid Microgrid), Capacity (Less Than 5,000 MW, 5,001 – 10,000 MW, 10,001 – 15,000 MW, More Than 15,000 MW), Control (Primary (Local Control), Secondary, Tertiary (Optimization) Control), Application (Remote Location, Utility,  Industrial, Campus, Military, Smart City, Data Center, Hospital, School, Others)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Market Players Covered

ABB (Switzerland), Rolls-Royce plc (U.K.), Schneider Electric (France), Cummins Inc. (U.S.), Siemens (Germany), Caterpillar (U.S.), General Electric (U.S.), Tesla (U.S.), Black & Veatch Holding Company (U.S.), Honeywell International Inc. (U.S.), Eaton (Ireland), Norvento Enerxía (Spain), InnoVentum (Sweden), Hitachi Energy Ltd (Japan)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The Europe microgrid market is segmented on the basis of connectivity, offering, pattern, source, storage, grid type, capacity, control, and application.

  • On the basis of connectivity, the Europe microgrid market is segmented into off-grid/island/remote and grid connected.
  • On the basis of offering, the Europe microgrid market has been segmented into hardware, software, and services.
  • On the basis of pattern, the Europe microgrid market is segmented into urban, semi-urban and remote island.
  • On the basis of source, the Europe microgrid market has been segmented into diesel generators, CHP, solar PV, natural gas, and others.
  • On the basis of capacity, the Europe microgrid market has been segmented into less than 5,000 MW, 5,001 – 10,000 MW, 10,001 – 15,000 MW, and more than 15,000 MW.
  • On the basis of control, the Europe microgrid market has been segmented into primary (local control), secondary and tertiary (optimization) control.
  • On the basis of control, the Europe microgrid market has been segmented into remote location, utility, industrial, campus, military, smart city, data center, hospital, school and others.

Major Players

Data Bridge Market Research recognizes the following companies as the Europe microgrid market players in Europe microgrid market are ABB (Switzerland), Rolls-Royce plc (U.K.), Schneider Electric (France), Cummins Inc. (U.S.), Siemens (Germany), Caterpillar (U.S.), General Electric (U.S.), Tesla (U.S.).

Europe Microgrid Market

Market Developments

  • In March 2022, Siemens achieved a significant milestone by deploying the Middle East's inaugural industrial-focused microgrid. This innovative solution caters to Qatar Solar Energy (QSE) and provides various advantages. It helps QSE lower electricity expenses, reduce carbon emissions, and ensures a more reliable and stable power supply. Siemens' microgrid solution aligns with sustainability goals, fosters cost-efficiency, and enhances energy security for industrial operations in the region.
  • In November 2021, the Los Angeles Transportation Department unveiled plans for a microgrid project aimed at facilitating the transition to electric vehicles (EVs). This microgrid, equipped with a solar and storage power system, is envisioned as a dedicated charging station for their EV fleet. The project, set to be executed by Proterra Energy, secured a generous $6 million grant from the California Energy Commission and is anticipated to generate approximately 7.5 MW of power.
  • In January 2021, ABB played a pivotal role in the global deployment of microgrids, offering intelligent and sustainable solutions. Recognizing the urgent need to transition to renewables for substantial global greenhouse gas reductions, ABB's efforts focus on creating more sustainable and environmentally friendly energy systems. Microgrids serve as a key enabler, promoting efficient use of renewable energy sources and contributing to a more sustainable and greener future.
  • In June 2020, the Sri Lanka Electricity Company Ltd (LECO) entered into an agreement with Dimo and DHYBRID GmbH to build the nation's inaugural grid-connected microgrid powered by renewable energy sources. This pioneering project will be located at the University of Moratuwa and is financially supported by the Asian Development Bank (ADB). It marks a significant shift in Sri Lanka's approach to decentralized power generation.

Regional Analysis

Geographically, the countries covered in the Europe microgrid market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

As per Data Bridge Market Research analysis:

Germany is the dominant region in the Europe microgrid market during the forecast period 2022-2029

Germany's prominence in the European microgrid market stems from a growing emphasis on sustainable energy solutions, where wood plays a vital role. The nation's shift towards wood-based biomass for energy production and heating systems has gained momentum due to its renewable and eco-friendly nature. Microgrids enable efficient integration of these wood-based energy sources, ensuring grid resilience, reduced environmental impact, and energy security. Germany's leadership in this area showcases its commitment to sustainable and renewable energy practices.

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