Microgrid Monitoring Market Report 2026

The microgrid monitoring market size has grown rapidly in recent years. It will grow from $3.87 billion in 2025 to $4.35 billion in 2026 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to rise in decentralized energy systems adoption, increased need for grid resilience, growth in renewable energy integration, demand for energy cost optimization, deployment of early monitoring hardware solutions.

The microgrid monitoring market size is expected to see rapid growth in the next few years. It will grow to $6.45 billion in 2030 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to expansion of advanced microgrid control platforms, rising adoption of AI based monitoring, increasing integration of der assets, growing demand for reliable power in remote areas, development of next gen energy management software. Major trends in the forecast period include growing need for real time microgrid performance visibility, increasing adoption of distributed energy monitoring, rising use of fault detection and predictive diagnostics, expansion of remote microgrid operation, increasing monitoring demand in off grid and island systems.

The rising demand for clean energy is expected to drive the growth of the microgrid monitoring market in the coming years. Clean energy refers to energy sources that generate little to no pollution when converted into usable power, typically derived from renewable resources such as solar, wind, hydroelectric, geothermal, and biomass. The demand for clean energy is increasing due to growing awareness of environmental issues and the pursuit of energy independence. Microgrid monitoring enhances clean energy distribution, ensuring efficient use and reliability within localized power systems. For example, in September 2025, according to the Department for Energy Security and Net Zero (DESNZ), a UK-based government department responsible for safeguarding energy supply, low-carbon technologies accounted for 73.8% of Great Britain’s power generation in 2024, marking a 5.5-percentage-point rise from 2023 and highlighting the nation’s ongoing transition toward cleaner energy sources. Therefore, the growing demand for clean energy is fueling the expansion of the microgrid monitoring market.

Major companies operating in the microgrid monitoring market are creating innovative technologies, such as advanced microgrid energy storage systems, to enhance their profitability. This technology is used in microgrid monitoring to improve energy distribution, maintain grid stability, and seamlessly integrate renewable energy sources. For instance, in February 2024, San Diego Gas & Electric (SDG&E), a US-based utility company, deployed four advanced microgrids across the Clairemont, Tierra Santa, Paradise, and Boulevard communities. These microgrids provide real-time monitoring, faster responses to grid events, efficient energy storage management, and greater grid resilience. They can operate independently or in coordination with the larger regional grid and collectively offer around 39 MW of storage capacity and 180 MWh across four SDG&E substations. Equipped with advanced safety technologies and lithium iron phosphate (LFP) battery cells, these microgrids deliver enhanced safety and fire prevention features.

In August 2024, Generac Power Systems, a United States-based provider of backup power solutions, energy storage systems, and distributed energy resource management, acquired Ageto for an undisclosed sum. Through this acquisition, Generac seeks to strengthen its microgrid monitoring and control capabilities by integrating advanced software and controllers for renewable energy, storage, and traditional power generation into its broader energy solutions portfolio. Ageto is a US-based provider of microgrid controllers and monitoring software that brings together renewable energy sources, energy storage, and conventional generation for optimized energy management.

Major companies operating in the microgrid monitoring market are Hitachi Ltd, Siemens AG, Lockheed Martin Corporation, Caterpillar Inc, Schneider Electric SE, Honeywell International Inc, ABB Ltd, Toshiba Corporation, Eaton Corporation, Exelon Corporation, EnerconSBS, Aggreko Ltd, Schweitzer Engineering Laboratories, SMA Solar Technology AG, S&C Electric Company, GE Power India Ltd, Scale Microgrid Solutions, Viridity Energy Solutions, Homer Energy, Power Analytics Corporation, Advanced Microgrid Solutions, Spirae.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on electronic components, communication devices, and energy storage systems have raised the overall cost of microgrid monitoring hardware, impacting both on grid and off grid deployments. Regions with significant import dependency, including Asia Pacific and Europe, face higher procurement costs and slowed installation cycles. However, the tariff environment has encouraged localized production, strengthened domestic supply chains, and stimulated investment in more cost efficient software based monitoring and analytics solutions.

The microgrid monitoring market research report is one of a series of new reports that provides microgrid monitoring market statistics, including microgrid monitoring industry global market size, regional shares, competitors with a microgrid monitoring market share, detailed microgrid monitoring market segments, market trends and opportunities, and any further data you may need to thrive in the microgrid monitoring industry. This microgrid monitoring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Microgrid monitoring involves the continuous observation and analysis of a microgrid system's performance, status, and condition. These systems, operating independently or in conjunction with the main power grid, are essential for optimizing energy usage, detecting faults, and improving reliability in decentralized power setups, leading to efficient operation and cost savings.

The components of microgrid monitoring encompass hardware, software, and services. Hardware includes both external and internal devices facilitating key computer functions such as input, output, storage, communication, and processing. Microgrid systems can be categorized as on-grid or off-grid and find application in various settings such as military, campus, community, island, and remote areas, serving residential, commercial, industrial, and utility sectors.Asia-Pacific was the largest region in the microgrid monitoring market in 2025. The regions covered in the microgrid monitoring market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the microgrid monitoring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The microgrid monitoring market includes revenues earned by entities by providing services such as fault detection and diagnosis, installation and deployment, configuration and integration, predictive maintenance, and data analytics and management. The market value includes the value of related goods sold by the service provider or included within the service offering. The microgrid monitoring market also includes sales of microgrid controllers, sensors, and meters, energy management systems, and integration and control software. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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