Microgrid as a Service Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Microgrid-as-a-Service (MaaS) Companies and the market is segmented by Service Type (Engineering and Design Service, Software as a Service, Monitoring and Control Services), End-user Vertical (Government, Industrial, Residential & Commercial), and Geography.

Microgrid as a Service Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Microgrid-as-a-Service Market Size

Microgrid as a Service Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 15.00 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Microgrid as a Service Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Microgrid-as-a-Service Market Analysis

The Microgrid as a Service Market is expected to register a CAGR of 15% during the forecast period.

  • Microgrids primarily offer the customers with more control over their energy needs enabling them to enhance the resiliency and reliability, balance their energy use, achieve cleaner energy goals, and to explore other innovative products and services. When they are deployed by or in combination with electric companies, they can help the electric companies in enhancing the resilience of the entire energy grid while providing numerous public benefits that extend beyond the microgrid users to the grid and to all customers.
  • With the emergence of multiple wireless and IoT technologies, the performance of the microgrids can now be optimized with real-time data streaming, processing, storage, and monitoring infrastructure, which can further eliminate any human intervention. Manufacturers today are also leveraging the capabilities of microgrids, primarily to reduce the reliance on long-distance distribution lines, thereby reducing transmission losses.
  • The on-going expansion of the utility-based grid infrastructure along with an extensive deployment of renewable energy technologies that includes hydro, solar, and wind energy has enhanced the development of grid systems. The decreasing cost of energy storage, and a significant reduction in emissions are some of the major factors that are expected to boost the market share.
  • However, the lack of proper training programs and little awareness regarding the benefits of a microgrid-as-a-service solution is expected to act as a restraint towards market growth. These systems are very advanced, and their design and planning is also highly complex in nature. Thus, in order to understand the technicalities of a microgrid system, proper training is required.

Microgrid-as-a-Service Industry Overview

The Microgrid as a Service Market is highly competitive owing to the presence of many large players in the market that are operating in domestic and international markets. The market appears to be moderately concentrated with the major players adopting strategies like product innovation and mergers and acquisitions primarily to expand their service offerings and expand their global reach while staying ahead of the competition. Some of the major players in the market are ABB Ltd., General Electric Company, Siemens AG, Eaton Corporation among others.

  • Nov 2019 - Siemens and a renewable energy developer juwi entered into a strategic technology partnership to focus on the microgrids in the mining industry. Both the companies aim to roll-out and continuously develop the advanced microgrid control systems that will enable the seamless integration of power from renewable energy to a mine's off-grid power supply.
  • Apr 2019 - Rolls-Royce Power Systems announced that they will partner with technology company ABB for the advancements in microgrid technology and advanced automation. Both the companies aims to create an energy-efficient microgrid solution for commercial and industrial companies.

Microgrid-as-a-Service Market Leaders

  1. ABB Ltd.

  2. General Electric Company

  3. Siemens AG

  4. Eaton Corporation Inc

  5. Schneider Electric SE

  6. *Disclaimer: Major Players sorted in no particular order
Microgrid as a Service Market Concentration
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Microgrid-as-a-Service Market News

Microgrid-as-a-Service Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Demand From Hospitals, Defense, and Remote Areas
    • 4.2.2 High Investments from Governments
  • 4.3 Market Restraints
    • 4.3.1 Complexities in Managing Large-sized Microgrids
  • 4.4 Industry Value Chain Analysis
  • 4.5 Porters 5 Force Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers/Consumers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitute Products
    • 4.5.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Service Type
    • 5.1.1 Engineering and Design Service
    • 5.1.2 Software as a Service
    • 5.1.3 Monitoring and Control Services
    • 5.1.4 Operation and Maintenance Services
  • 5.2 End-user Vertical
    • 5.2.1 Government
    • 5.2.2 Residential and Commercial
    • 5.2.3 Industrial
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia Pacific
    • 5.3.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 ABB Ltd.
    • 6.1.2 General Electric Company
    • 6.1.3 Siemens AG
    • 6.1.4 Eaton Corporation Inc.
    • 6.1.5 Pareto Energy
    • 6.1.6 Spirae, Inc.
    • 6.1.7 Green Energy Corp.
    • 6.1.8 Schneider Electric SE
    • 6.1.9 Metco Engineering
    • 6.1.10 Aggreko PLC
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Microgrid-as-a-Service Industry Segmentation

A microgrid primarily refers to a distributed energy resource and load that can be operated in a controlled and coordinated way. These grids can be connected to the main power grid and can be operated in an islanded mode or completely off-grid mode. Microgrids are generally supported by generators or by renewable solar and wind energy resources and are often used to provide the backup power or supplement the main power grid during the period of heavy demands.

Service Type Engineering and Design Service
Software as a Service
Monitoring and Control Services
Operation and Maintenance Services
End-user Vertical Government
Residential and Commercial
Industrial
Geography North America
Europe
Asia Pacific
Rest of the World
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Microgrid-as-a-Service Market Research FAQs

What is the current Microgrid as a Service Market size?

The Microgrid as a Service Market is projected to register a CAGR of 15% during the forecast period (2025-2030)

Who are the key players in Microgrid as a Service Market?

ABB Ltd., General Electric Company, Siemens AG, Eaton Corporation Inc and Schneider Electric SE are the major companies operating in the Microgrid as a Service Market.

Which is the fastest growing region in Microgrid as a Service Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Microgrid as a Service Market?

In 2025, the North America accounts for the largest market share in Microgrid as a Service Market.

What years does this Microgrid as a Service Market cover?

The report covers the Microgrid as a Service Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Microgrid as a Service Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Microgrid-as-a-Service Industry Report

Statistics for the 2025 Microgrid as a Service market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Microgrid as a Service analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.