Microgrid Market Stimulated by Rapid Industrialization in Emerging APAC Economies to Register 20.7% CAGR from 2014-2020
A surge in demand for electricity from all corners of the globe is projected to propel the global microgrid market to develop at an impressive 20.7% CAGR from 2014 to 2020, states Transparency Market Research in its latest report. The study, titled "Microgrid Market - 2014 - 2020", forecasts that in terms of revenue, the global microgrid market will rise from US$9,841.8 million in 2013 to US$35,186.0 million by 2020. The worldwide microgrid capacity was pegged at 3,600.0 MV in...
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