Newsletter Programme
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27
Mar
/

Microgrid Market Set To Expand More Than 3 Times, To $18.9b

With Asia and Europe now following the lead of USA in the microgrid industry, the global microgrid market is expected to hit $18.9 billion by 2020, up from $5.3 billion in 2012.

In Europe alone, the market is forecast to grow from $710 million in 2012 to $5.3 billion by 2020.

China, the largest market in Asia, looks like it will maintain its dominance in the industry with a 40 percent share.

Source and Read More 

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

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