Microgrid as a Service Market 2034 Outlook | Size, Share & Demand Insights
- Pallavi Garudkar
- Jan 12
- 3 min read
According to Fortune Business Insights the global microgrid as a service market size was valued at USD 13.59 billion in 2025 and increased to USD 15.63 billion in 2026, with the market projected to reach USD 45.07 billion by 2034, registering a CAGR of 14.15% during the forecast period.
The Microgrid as a Service (MaaS) Market comprises outsourced microgrid solutions delivered through service-based models. Under MaaS, service providers design, finance, deploy, operate, and maintain microgrid systems on behalf of customers, eliminating the need for large upfront capital investment. Microgrids integrate distributed energy resources (DERs) such as solar PV, wind, diesel or gas generators, and energy storage systems to supply reliable, resilient, and decentralized power.
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Market Share Analysis
Asia Pacific holds a leading share, driven by rapid renewable energy deployment and electrification initiatives
North America is one of the fastest-growing markets due to aging grid infrastructure and rising investments in resilient energy systems
Europe maintains steady growth supported by decarbonization policies and smart grid adoption
Key Market Drivers
Rising demand for energy reliability and grid resilience, especially in regions prone to power outages
Increasing integration of renewable energy resources into distributed power systems
Shift from CAPEX to OPEX models, enabling organizations to adopt advanced energy solutions without ownership burdens
Government initiatives promoting energy security, sustainability, and rural electrification
Market Segmentation Analysis
By Grid Type
Grid-Connected Microgrids
Islanded / Off-Grid Microgrids
Grid-connected microgrids account for a significant share due to seamless integration with utility networks.
By Service Type
Engineering & Design Services
Software Services
Monitoring Services
Operation & Maintenance Services
Software and monitoring services play a crucial role in improving system efficiency and reducing downtime.
By End User
Remote / Off-Grid Areas
Utility Distribution
Commercial & Industrial
Community Facilities
Military & Defense
Others
Commercial & industrial users represent a major demand segment due to high energy reliability requirements.
Regional Insights
Asia Pacific
The region leads market growth supported by renewable capacity additions, smart grid investments, and electrification programs.
North America
Strong growth is driven by infrastructure modernization, increasing grid outages, and high adoption of service-based energy models.
Europe
Growth is supported by energy transition policies, carbon reduction targets, and demand for decentralized power systems.
Latin America, Middle East & Africa
Emerging opportunities exist due to expanding renewable energy deployment and rising need for off-grid power solutions.
Market Opportunities
Expansion of microgrids in remote, islanded, and off-grid areas
Growing adoption across commercial & industrial facilities, including manufacturing plants, campuses, and data centers
Advancements in energy management software, AI-based optimization, and digital monitoring platforms
Increasing focus on climate-resilient and disaster-resistant energy infrastructure
Competitive Landscape
Key companies operating in the Microgrid as a Service market include:
Eaton (Ireland)
ABB (Switzerland)
GE (U.S.)
Younicos (U.S.)
Green Energy Corp (India)
NRG Energy (U.S.)
EnSync Energy (U.S.)
Spirae (Colorado)
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