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

North America Remote Microgrid Market Size

North America Remote Microgrid Market was valued at USD 2.6 billion in 2023 and is estimated to grow at a CAGR of 10.2% from 2024 to 2032. It is a localized energy system that operates independently from the main power grid, typically designed to provide electricity to isolated or off-grid areas. The product is especially important in areas with limited infrastructure, such as rural or island communities, and can operate autonomously or in conjunction with the main grid when connectivity is available.
 

Rising climate-related events, such as hurricanes, wildfires, and extreme storms, will boost product adoption in remote communities, and critical infrastructure to ensure energy continuity. Growing dependency of remote areas on expensive and environmentally harmful diesel generators for power is encouraging government to boost product adoption as part of energy equity and sustainability initiatives, providing renewable energy-based microgrids as a cleaner, more reliable, and cost-effective solution for these regions.
 

Growing advancement of smart grid technologies and digital energy management platforms including the integration of IoT, AI, and advanced control systems to improve the efficiency, reliability, and management of system will foster the product growth. Rising pressure on companies operating in isolated regions to reduce carbon footprints and enhance sustainability practices will bolster the industry growth.
 

North America Remote Microgrid Market Trends

Rising regulatory support and policy development including the Bipartisan Infrastructure Law and Clean Energy for Rural and Remote Communities (CERRC) Program, for providing funding to microgrid projects to replace diesel generators in off-grid Indigenous communities will improve the product penetration. Additionally, growing demand for energy storage systems coupled with rising public-private partnerships (PPPs) and governments collaborations with utilities, private sector energy providers, and technology companies will strengthen the industry growth.
 

North America Remote Microgrid Market Analysis

Based on power source, the CHP segment is anticipated to cross more than USD 2.7 billion by 2032, owing to their high energy efficiency. Rising frequency of extreme weather events and natural disasters is augmenting need for more resilient power solutions leading to uplift CHP adoption, operating independently of the main grid, ensuring uninterrupted energy supply during emergencies. Increasing environmental regulations to reduce greenhouse gas emissions and other pollutants, pushing remote microgrid operators to adopt cleaner technologies to lower emissions compared to traditional fossil fuel-based power generation.
 

Based on grid type, the hybrid segment is set to grow at a CAGR of over 10.9% through 2032. Rising improvements in energy storage solutions, such as advanced batteries and fuel cells, to make product more economical to store and dispatch energy will bolster product penetration. Additionally, advancements in smart grid technology to enable better integration and management of diverse energy sources, optimizing performance and efficiency are set to influence the industry adoption. Growing environmental awareness and regulatory pressure to reduce greenhouse gas emissions will promote the hybrid grids penetration.
 

Canada remote microgrid market is predicted to hit USD 1 billion by 2032. Increasing demand for reliable power source from Arctic and northern communities where traditional energy infrastructure is challenging to deploy will drive the market growth. Presence of vast mineral resources in remote areas where traditional grid extension is economically unfeasible is set to influence the product adoption. This not only reduces power burden but also minimizes the environmental impact associated with diesel generation and long-distance fuel transport.
 

In the U.S., rising demand for continuous and quick power solution in critical infrastructure, emergency services, and affected communities to aid in faster recovery and response efforts will augment the product adoption. Increasing demand for continuous power supply solutions from military locations will drive the industry growth. Furthermore, future military installations will require systems capable of operating independently from the national grid to ensure mission-critical operations remain unaffected by cyberattacks or grid failures leading to foster the product demand.
 

North America Remote Microgrid Market Share

Eminent players are integrating advanced technologies to enhance the efficiency and performance of remote microgrids. This includes investing in state-of-the-art energy storage solutions, such as high-capacity batteries and advanced fuel cells and incorporating smart grid technologies for improved control and management. Key players are developing tailored microgrid solutions to address the specific needs of various sectors, including military installations, remote communities, and industrial operations. By offering customized solutions that cater to the unique challenges of each application, such as extreme weather conditions or high energy security requirements, companies improve their appeal and effectiveness in different market segments.
 

North America Remote Microgrid Market Companies

Eminent players operating in the North America remote microgrid industry are:

• ABB
• Caterpillar
• General Electric
• HOMER Energy
• PG&E
• Piller Power Systems
• Saft
• Stellar Energy
• Schneider Electric
• Siemens
• Victron Energy
• Yanmar Holdings
   

North America Remote Microgrid Industry News

• In February 2022, Cummins unveiled its new microgrid lab- Power Integration Center (PIC) at their Fridley, U.S. campus. As one of the largest and most versatile microgrid testing facilities globally, the PIC is designed to explore and validate various power system scenarios in a risk-free environment.
   
• In April 2021, Hitachi ABB Power Grids Ltd. announced that its microgrid projects with ATCO and Three Nations Energy (3NE) have been honored by Canada’s Clean50 for their significant contributions to the country’s low-carbon economy. 3NE has been approved to develop Canada's largest remote community solar and storage microgrid project. This initiative, a collaboration with ATCO, a key Alberta-based services company, and the local electricity utility for North and East-Central regions, includes engineering, procurement, construction, and system maintenance.
   

North America remote 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 Grid Type

• AC
• DC
• Hybrid

The above information has been provided for the following countries:

• U.S.
• Canada
• Mexico