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North America Microgrid Market Report, 2025-2033

Publisher IMARC Services Pvt. Ltd.
Published Aug 01, 2025
Length 125 Pages
SKU # IMRC20290541

Description

The North America microgrid market size reached USD 14.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 36.2 Billion by 2033, exhibiting a growth rate (CAGR) of 9.87% during 2025-2033.

A microgrid refers to a distinct energy system consisting of interconnected loads and distributed energy resources that operate parallelly, or independently from the main power grid. Similar to contemporary electrical grid, a microgrid consists of power generation system, distribution system, and controls, such as voltage regulation and switch gears. It provides power backup for the grid in case of emergencies and is cost-effective. Additionally, it performs dynamic control over energy sources by enabling autonomous and automatic self-healing operations. Some of the other benefits offered by a microgrid include enhancing reliability, reducing greenhouse gas (GHG) emissions, and lowering stress on the transmission and distribution system. As a result, it provides local, reliable, and affordable energy security for urban and rural communities as well as offer solutions for commercial, industrial and federal government consumers.

The North America microgrid market is currently being driven by several factors. The escalating demand for microgrid is based on the availability of reliable, stable and affordable power. Moreover, the usage of microgrid in defense and remote areas to enhance security against cyberattacks and threat of grid outages have also increased its demand in the region. Apart from this, several government initiatives are being implemented to provide energy-efficient power solutions. Additionally, rising environmental concerns and technological innovations will continue to spur the microgrid market growth in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America microgrid market report, along with forecasts at the regional and country level from 2025-2033. Our report has categorized the market based on energy source and application.
  • Key Regions Analysed
United States

Canada
  • Analysis for Each Country
  • Market by Energy Source
    • Natural Gas

    Combined Heat and Power

    Solar Photovoltaic (PV)

    Diesel

    Fuel Cell

    Others
  • Market by Application
    • Remote Systems

    Institution and Campus

    Utility/Community

    Defense

    Others
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure

    Key Player Profiles

    Key Questions Answered in This Report:
    • How has the North America microgrid market performed so far and how will it perform in the coming years?
    • What are the key regions in the North America microgrid market?
    • What has been the impact of COVID-19 on the North America microgrid market?
    • What is the breakup of the North America microgrid market on the basis of energy source?
    • What is the breakup of the North America microgrid market on the basis of application?
    • What are the various stages in the value chain of the North America microgrid industry?
    • What are the key driving factors and challenges in the North America microgrid industry?
    • What is the structure of the North America microgrid industry and who are the key players?
    • What is the degree of competition in the North America microgrid industry?
    • What are the profit margins in the North America microgrid industry?

    Table of Contents

    125 Pages
    1 Preface
    2 Scope and Methodology
    2.1 Objectives of the Study
    2.2 Stakeholders
    2.3 Data Sources
    2.3.1 Primary Sources
    2.3.2 Secondary Sources
    2.4 Market Estimation
    2.4.1 Bottom-Up Approach
    2.4.2 Top-Down Approach
    2.5 Forecasting Methodology
    3 Executive Summary
    4 Introduction
    4.1 Overview
    4.2 Key Industry Trends
    5 Global Microgrid Market
    5.1 Market Performance
    5.2 Market Breakup by Energy Source
    5.3 Market Breakup by Application
    5.4 Market Breakup by Region
    5.5 Market Forecast
    6 North America Microgrid Market
    6.1 Market Performance
    6.2 Impact of COVID-19
    6.3 Market Forecast
    7 North America Microgrid Market: Breakup by Energy Source
    7.1 Natural Gas
    7.2 Combined Heat and Power
    7.3 Solar Photovoltaic (PV)
    7.4 Diesel
    7.5 Fuel Cell
    7.6 Others
    8 North America Microgrid Market: Breakup by Application
    8.1 Remote Systems
    8.2 Institution and Campus
    8.3 Utility/Community
    8.4 Defense
    8.5 Others
    9 North America Microgrid Market: Breakup by Country
    9.1 United States
    9.1.1 Historical Market Trends
    9.1.2 Market Breakup by Energy Source
    9.1.3 Market Breakup by Application
    9.1.4 Market Forecast
    9.2 Canada
    9.2.1 Historical Market Trends
    9.2.2 Market Breakup by Energy Source
    9.2.3 Market Breakup by Application
    9.2.4 Market Forecast
    10 SWOT Analysis
    10.1 Overview
    10.2 Strengths
    10.3 Weaknesses
    10.4 Opportunities
    10.5 Threats
    11 Value Chain Analysis
    11.1 Overview
    11.2 Raw Material Suppliers
    11.3 Sub-Components and Sub-Systems Manufacturers
    11.4 Microgrid Manufacturers
    11.5 Microgrid Control
    11.6 Power Distribution
    11.7 End-Use Industries
    12 Porter’s Five Forces Analysis
    12.1 Overview
    12.2 Bargaining Power of Buyers
    12.3 Bargaining Power of Suppliers
    12.4 Degree of Rivalry
    12.5 Threat of New Entrants
    12.6 Threat of Substitutes
    13 Competitive Landscape
    13.1 Market Structure
    13.2 Key Players
    13.3 Profiles of Key Players

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