Microgrid as a Service (MaaS)

Microgrid as a Service (MaaS)

Global Microgrid as a Service (MaaS) Market to Reach $5.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Microgrid as a Service (MaaS) estimated at US$2.1 Billion in the year 2020, is projected to reach a revised size of US$5.8 Billion by 2027, growing at aCAGR of 15.4% over the period 2020-2027. Grid Connected, one of the segments analyzed in the report, is projected to record 13.4% CAGR and reach US$3.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Remote / Islanded segment is readjusted to a revised 20.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $627.4 Million, While China is Forecast to Grow at 14.9% CAGR

The Microgrid as a Service (MaaS) market in the U.S. is estimated at US$627.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 14.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 13.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.

Select Competitors (Total 41 Featured) -

• ABB Ltd.
• Eaton Corporation PLC
• Exelon Corporation
• General Electric Company
• Green Energy Corp.
• NRG Energy, Inc.
• Pareto Energy
• Siemens AG

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