Microgrid Market Size and Forecast 2029 by Product, Applications, Geographic
In order to provide a constant supply of power through a microgrid, advances in artificial intelligence and machine learning have been developed to increase the productivity of solar inverters. In fact, new battery technologies have been developed with higher power inputs and outputs for longer durations of time.
Microgrid Market size was valued at US$ 24.59 Bn in 2021 and the total revenue is expected to grow at 11.5 % through 2022 to 2029, reaching nearly US$ 58.75 Bn.
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