Microgrids Set for $17 Billion Boom as Central Grids Fail ...Middle East

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Microgrids Set for $17 Billion Boom as Central Grids Fail
The global energy landscape is undergoing a decisive structural shift, moving away from the century-old model of centralized utility dependence toward localized, autonomous power networks. According to a new industry report by Credence Research, the global market for decentralized microgrid solutions is projected to nearly triple in value over the next decade, reaching $17.16 billion by 2032. This trajectory represents a Compound Annual Growth Rate (CAGR) of 13.74%, driven by a confluence of geopolitical instability, accelerating renewable energy…

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