Global Microgrid Market to Expand US $19bn by 2024: ABB, GE, Eaton, Schneider Electric, Honeywell and 12 Other Companies Profiled
In an era where distributed energy sources are continually promulgated in power networks, microgrid market stands to gain remarkable prominence, given the systems' exceptional credibility of ensuring reliable operation in distributed grids with robustness and high flexibility. As the energy demand in conjunction with the environmental concerns have increased dramatically since the past decade, experts believe, decentralized electricity supply through LT lines might not be an optimal solution to address the requirement, especially across remote areas.
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