North America DC Microgrid Market Size - By Connectivity (Grid Connected, Off Grid), By Power Source (Diesel Generators, Natural Gas, Solar PV, CHP), By Storage Device, By Application, Country Analysis & Forecast, 2024 – 2032

North America DC Microgrid Market Size

North America DC Microgrid Market was valued at USD 1.8 billion in 2023 and is estimated to grow at a CAGR of 10.4% between 2024 to 2032. This localized energy system utilizes direct current power to effectively manage and distribute electricity sourced from renewables, energy storage, and DC-powered loads within a designated area. It facilitates the smooth integration of renewable technologies, including solar panels and wind turbines, and allows for the direct use and storage of energy, eliminating the need for conversion to alternating current.
 

Growing emphasis on sustainability in the region is increasing their reliance on renewable energy sources, such as solar and wind leading to propel product demand to facilitate the direct integration of these renewable technologies. Increasing demand for products that can minimize energy losses associated with AC/DC conversion, helping businesses and utilities to achieve significant cost savings over time leading to boost industry growth.
 

Increasing frequency of extreme weather events and natural disasters has highlighted the need for resilient energy systems, creating demand for microgrids that can operate independently from the main grid, providing backup power during outages thereby fostering the product penetration. Rising investments in innovation in energy storage systems, such as batteries, and advanced control technologies to make the system more feasible will augment the product demand.
 

North America DC Microgrid Market Trends

Growing government initiatives and policies aimed at promoting clean energy and grid modernization will support product deployment. Additionally, increasing trend toward decentralized energy systems that empower local communities to generate and manage their own energy will complement product adoption. Rising focus on smart building technologies with many modern electronic devices and lighting systems operate on DC power systems will impact product make a natural fit for smart building applications.
 

North America DC Microgrid Market Analysis

Based on connectivity, the off grid segment is anticipated to cross more than USD 1.2 billion by 2032, owing to their independence, particularly valuable in remote or underserved areas where grid access is limited or unreliable. Rising investments in building rural electrification in various parts of the region, providing reliable power for homes, schools, and healthcare facilities will foster the product growth. Additionally, their simpler design compared to AC systems, particularly when it comes to integrating renewable energy sources such as solar panels is complementing the industry landscape.
 

Based on storage device, the DC microgrid market from the flywheel segment is set to grow at a CAGR of over 11% through 2032, on account of their high round-trip efficiency, typically ranging from 85% to 95%, making them ideal for applications requiring quick bursts of energy. Rising adoption of storage devices with long operational life, often exceeding 20 years with minimal maintenance coupled with environmentally friendly nature will bolster the product growth. Increasing shift towards devices that can deliver high power output for short durations, making them suitable for applications that require sudden energy bursts will strengthen the industry statistics.
 

The U.S. DC microgrid market is likely to exceed USD 3.5 billion by 2032. Increasing demand for reliable power solutions during outages, especially in regions vulnerable to natural disasters or with aging infrastructure, will drive product penetration. Rising adoption of cost-effective energy management solutions across commercial, industrial, and residential sectors, alongside supportive federal and state policies promoting clean energy technologies and advanced grid solutions will additionally stimulate product growth.
 

Rising shift towards sustainable practices is driving interest in the product, which can operate primarily on renewable energy. Growing local stakeholders’ participation in the development and operation of these systems to enhance community resilience and create a sense of ownership over energy resources thereby strengthening the product growth. Increasing investments in developing innovative energy storage, control systems, and smart technologies will facilitate product development and operation leading to improve the business outlook.
 

North America DC Microgrid Market Share

Key market players are developing tailored solutions to meet the specific needs of different regions and sectors, including commercial, industrial, and residential applications. They enhance customer satisfaction and market relevance by offering customizable microgrid systems that address local energy requirements and challenges20re. Many companies are forming alliances with local utilities, energy providers, and governmental bodies. These partnerships enhance market entry and provide essential resources for developing and deploying DC microgrid solutions.
 

North America DC Microgrid Market Companies

Eminent players operating in the North America DC Microgrid industry are:

• ABB
• Enel X
• Eaton Corporation
• Hitachi Energy
• PowerSecure
• PG&E
• Schneider Electric
• SolarWorX
• Sumitomo Electric Industries
• Schaltbau Group
• Weidmuller
   

North America DC Microgrid Industry News

• In November 2023, PG&E launched its 5th stand-alone remote grid at Pepperwood Preserve in Sonoma County, its first fossil fuel-free installation. This grid replaces a nearly one-mile overhead power line and supplies electricity to the Bechtel House, used by scientists, educators, and students for climate research. The Pepperwood remote grid includes a 17.36-kW DC canopy solar array, a 60.8-kWh DC battery storage system, and a 27.2 kVA inverter, enhancing sustainability and supporting climate science education.
   
• In June 2023, Kirtland Air Force Base (KAFB) is advancing its energy resilience efforts with a new DC microgrid project. The U.S. Air Force Research Laboratory AFRL has awarded a USD4.8 million contract to Concurrent Technologies Corporation to develop and implement these DC microgrid technologies at the base.
   

This North America DC microgrid market research report includes an in-depth coverage of the industry with estimates & forecast in terms of volume and revenue in “USD Billion & MW” from 2021 to 2032, for the following segments:

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Market, By Connectivity

• Grid Connected
• Off Grid

Market, By Power Source

• Diesel Generators
• Natural Gas
• Solar PV
• CHP
• Others

Market, By Storage Device

• Lithium-ion
• Lead Acid
• Flow Battery
• Flywheels
• Others

Market, By Application

• Healthcare
• Educational Institutes
• Military
• Utility
• Industrial/ Commercial
• Remote
• Others

The above information has been provided for the following countries:

• U.S.
• Canada
• Mexico