Global $3.6 Bn Microgrid Control System Market to 2023: Increasing Demand for Reliable and Secure Power Supply Worldwide
Global Microgrid Control System Market Overview
The microgrid control system market is expected to grow from an estimated USD 2.0 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 13.01%. Increasing investments in electric networks, refurbishment of the existing grid networks, and growing adoption of renewable energy sources across the globe are likely to drive the microgrid control...
Microgrid Control System Market Projected to Reach at a CAGR of 13.01% from 2018 to 2023.
The global microgrid control system market is projected to reach USD 3.6 billion by 2023, at a CAGR of 13.01%, from an estimated USD 2.0 billion in 2018. Factors such as growing need for reliable & resilient power across the globe, growing investments in microgrid projects, and rising share of power generation through renewable sources of energy are likely to drive the microgrid control system...