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Utility Scale DC Microgrid Market Share
Eminent players are partnering with renewable energy providers, grid operators, and local governments to expand their DC microgrid offerings. These collaborations allow for leveraging each other's strengths in energy generation, distribution, and regulation compliance. Additionally, to navigate regulatory challenges and meet the specific needs of local markets, companies are establishing regional offices or forming alliances with local firms, thereby strengthening their global presence and broadening their customer base.
Utility Scale DC Microgrid Market Companies
Eminent players operating in the utility scale DC microgrid industry are:
- ARDA Power
- AEG International
- Bosch Global
- Eaton
- G&W Electric
- PowerSecure
- Sumitomo Electric Industries
- Schneider Electric
- SolarWorX
- Schaltbau Group
How big is the utility scale DC microgrid market?
The market for utility scale DC microgrid was reached USD 952.2 million in 2024 and is projected to grow at a CAGR of 18.2% from 2025 to 2034, driven by the rising demand for energy access in utility-scale regions.
Why is the grid-connected segment gaining traction?
The grid-connected segment is expected to exceed USD 3.6 million by 2034, due to its seamless transition between grid-tied and islanded modes, ensuring reliable energy distribution for utilities.
What is the growth outlook for diesel generators in the utility scale DC microgrid market?
The diesel generators segment is anticipated to grow at a CAGR of over 19.2% through 2034, supported by their ability to provide consistent energy supply and adaptability to varying energy demands.
What trends are driving the U.S. utility scale DC microgrid market?
The U.S. utility scale DC microgrid market is projected to surpass USD 500 million by 2034, fueled by the push for renewable energy integration and the need for energy resilience amidst increasing natural disasters.
Who are the major players in the utility scale DC microgrid market?
Key players in the market include ARDA Power, AEG International, Bosch Global, Eaton, G&W Electric, PowerSecure, Sumitomo Electric Industries, Schneider Electric, SolarWorX, and Schaltbau Group.