Decentralized Energy Management: Microgrid Control System Market Trends and Forecast to 2035
The global microgrid control system market has been experiencing significant growth due to rising demands for reliable, resilient, and efficient power systems. In 2024, the market was valued at USD 3.85 billion and is projected to grow to USD 4.58 billion in 2025. By 2035, it is expected to reach approximately USD 18.92 billion, reflecting a robust compound annual growth rate of 15.2% over the...
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