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Global Microgrid Market to Reach US$ 163.17 Billion by 2033, Driven by Demand for Decentralized and Resilient Energy Systems

According to Renub Research, the Global Microgrid Market is forecast to increase from US$ 41.69 billion in 2024 to an impressive US$ 163.17 billion by 2033, growing at a CAGR of 16.37% between 2025 and 2033. This surge is fueled by the rising global demand for localized, independent power systems, especially in off-grid and rural areas, alongside a

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