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PUBLISHER: IMARC | PRODUCT CODE: 1792456
PUBLISHER: IMARC | PRODUCT CODE: 1792456
North America Microgrid Market Report by Energy Source (Natural Gas, Combined Heat and Power, Solar Photovoltaic, Diesel, Fuel Cell, and Others), Application, and Country 2025-2033
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PAGES: 125 Pages
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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:
- 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?
Product Code: SR112025A1735
Table of Contents
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
Product Code: SR112025A1735
List of Figures
- Figure 1: North America: Microgrid Market: Major Drivers and Challenges
- Figure 2: Global: Microgrid Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Microgrid Market: Breakup by Energy Source (in %), 2024
- Figure 4: Global: Microgrid Market: Breakup by Application (in %), 2024
- Figure 5: Global: Microgrid Market: Breakup by Region (in %), 2024
- Figure 6: Global: Microgrid Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 7: North America: Microgrid Market: Sales Value (in Billion USD), 2019-2024
- Figure 8: North America: Microgrid Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 9: North America: Microgrid Market: Breakup by Energy Source (in %), 2024
- Figure 10: North America: Microgrid (Natural Gas) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: North America: Microgrid (Natural Gas) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: North America: Microgrid (Combined Heat and Power) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: North America: Microgrid (Combined Heat and Power) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: North America: Microgrid (Solar Photovoltaic) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: North America: Microgrid (Solar Photovoltaic) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: North America: Microgrid (Diesel) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: North America: Microgrid (Diesel) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: North America: Microgrid (Fuel Cell) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: North America: Microgrid (Fuel Cell) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: North America: Microgrid (Other Energy Sources) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: North America: Microgrid (Other Energy Sources) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: North America: Microgrid Market: Breakup by Application (in %), 2024
- Figure 23: North America: Microgrid (Remote Systems) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: North America: Microgrid (Remote Systems) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: North America: Microgrid (Institution and Campus) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: North America: Microgrid (Institution and Campus) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: North America: Microgrid (Utility/Community) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: North America: Microgrid (Utility/Community) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: North America: Microgrid (Defense) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: North America: Microgrid (Defense) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: North America: Microgrid (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: North America: Microgrid (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: North America: Microgrid Market: Breakup by Country (in %), 2024
- Figure 34: United States: Microgrid Market: Sales Value (in Million USD), 2019-2024
- Figure 35: United States: Microgrid Market: Breakup by Energy Source (in %), 2024
- Figure 36: United States: Microgrid Market: Breakup by Application (in %), 2024
- Figure 37: United States: Microgrid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: Canada: Microgrid Market: Sales Value (in Million USD), 2019-2024
- Figure 39: Canada: Microgrid Market: Breakup by Energy Source (in %), 2024
- Figure 40: Canada: Microgrid Market: Breakup by Application (in %), 2024
- Figure 41: Canada: Microgrid Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: North America: Microgrid Industry: SWOT Analysis
- Figure 43: North America: Microgrid Industry: Value Chain Analysis
- Figure 44: North America: Microgrid Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: North America: Microgrid Market: Key Industry Highlights, 2024 and 2033
- Table 2: North America: Microgrid Market Forecast: Breakup by Energy Source (in Million USD), 2025-2033
- Table 3: North America: Microgrid Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: North America: Microgrid Market Forecast: Breakup by Country (in Million USD), 2025-2033
- Table 5: North America: Microgrid Market: Competitive Structure
- Table 6: North America: Microgrid Market: Key Players
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