The Asia Pacific Microgrid As A Service Market would witness market growth of 15.1% CAGR during the forecast period (2025-2032).
The China market dominated the Asia Pacific Microgrid As A Service Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $565 million by 2032. The Japan market is registering a CAGR of 14.4% during (2025 - 2032). Additionally, The India market would showcase a CAGR of 15.7% during (2025 - 2032).

The falling costs of distributed energy resources (DERs) such as solar panels, wind turbines, battery storage, and smart inverters are making microgrids more financially viable. MaaS further enhances this viability by converting what would be capital expenditures into operating expenses, a favorable structure for businesses seeking to avoid large upfront investments. Another significant driver is the push towards decarbonization and sustainability.
Policy and regulatory frameworks are evolving to support MaaS adoption. Governments across the globe are increasingly recognizing the importance of grid modernization and energy democratization, offering incentives, grants, and favorable tariffs to encourage the deployment of microgrids. Furthermore, advances in digital technology, such as remote monitoring, AI-driven energy management, and blockchain for energy transactions, are making MaaS more efficient and attractive.
China is the undeniable powerhouse of the Asia-Pacific MaaS market, driven by an expansive agenda aimed at decentralizing power generation and minimizing reliance on centralized coal plants. Valued at several billion dollars today and projected to grow aggressively over the next decade, this growth is anchored in the nation’s strategic transition toward renewable energy and grid resilience. The government’s long-term energy plans strongly emphasize microgrid deployment, positioning them as critical components of a future-ready, low-carbon power infrastructure. A multitude of factors fuel this momentum. Rapid industrialization in inland and rural regions—coupled with frequent natural disruptions such as typhoons, flooding, and seismic events—has pressured authorities to enhance energy security.
Japan’s MaaS market is shaped by resilience and sustainability imperatives. The nation continues to prioritize a future powered by renewable energy, aiming for a significant share by 2030. Since the Fukushima disaster, strategic emphasis on decentralizing generation and improving grid independence through microgrids has intensified, particularly in remote and disaster-prone regions such as island communities and rural prefectures. Frequent natural hazards, high energy costs, and ageing infrastructure make local, island-capable microgrids highly relevant, especially for municipalities, industrial sites, and emergency services. In parallel, Japan’s commitment to deep decarbonization has pushed corporate and government stakeholders to seek microgrids combining solar PV, biomass, fuel cells, and energy storage—linked to advanced control systems to facilitate flexible energy use and islanded operation under duress.
India has emerged as the fastest-growing MaaS market in Asia-Pacific, with its compelling mix of grid unreliability, energy access gaps, and cost-effective off-grid alternatives. While many urban centers enjoy reliable electricity, a significant portion of rural India still relies on diesel generators due to inconsistent grid supply, making solar hybrid microgrids commercially viable and socially impactful. Key catalysts include government-backed rural electrification initiatives, a strong solar deployment agenda, and policies incentivizing hybrid microgrid adoption. This underpins thriving pay-as-you-go and performance-based models targeted at rural banks, telecom towers, farms, and remote establishments. The country is also experiencing rapid battery adoption, driven by exponential cost curve declines and generous subsidy frameworks.
Free Valuable Insights: The Global Microgrid As A Service Market is Predict to reach USD 7.90 Billion by 2032, at a CAGR of 14.3%
Based on Grid Type, the market is segmented into Grid-connected and Islanded. Based on Service Type, the market is segmented into Operation & Maintenance (O&M) Service, Monitoring & Control Service, and Software As A Service. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Eaton Corporation plc
- GE Vernova Group
- Siemens AG
- Schneider Electric SE
- Engie SA
- NRG Energy, Inc.
- Hitachi Energy Ltd. (Hitachi, Ltd.)
- S&C Electric Company
- Bloom Energy Corporation
- ABB Ltd.
Asia Pacific Microgrid As A Service Market Report Segmentation
By Grid Type
By Service Type
- Operation & Maintenance (O&M) Service
- Monitoring & Control Service
- Software As A Service
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Microgrid As A Service Market, by Grid Type
1.4.2 Asia Pacific Microgrid As A Service Market, by Service Type
1.4.3 Asia Pacific Microgrid As A Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market
3.2.4 Opportunities
3.2.5 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2024
4.2 Recent Strategies Deployed in Microgrid As A Service Market
4.3 Porter Five Forces Analysis
Chapter 5. Value Chain Analysis of Microgrid As A Service Market
5.1 Market & Regulatory Intelligence
5.2 Engineering & Design Services
5.3 Procurement & Installation
5.4 Monitoring, Control & Operations (O&M)
5.5 Maintenance & Upgrades
5.6 Financing & Contracting
5.7 Performance Review & Recertification
5.8 Decommissioning / Repowering
Chapter 6. Key Costumer Criteria - Microgrid As A Service Market
Chapter 7. Asia Pacific Microgrid As A Service Market by Grid Type
7.1 Asia Pacific Grid-connected Market by Country
7.2 Asia Pacific Islanded Market by Country
Chapter 8. Asia Pacific Microgrid As A Service Market by Service Type
8.1 Asia Pacific Operation & Maintenance (O&M) Service Market by Country
8.2 Asia Pacific Monitoring & Control Service Market by Country
8.3 Asia Pacific Software As A Service Market by Country
Chapter 9. Asia Pacific Microgrid As A Service Market by Country
9.1 China Microgrid As A Service Market
9.1.1 China Microgrid As A Service Market by Grid Type
9.1.2 China Microgrid As A Service Market by Service Type
9.2 Japan Microgrid As A Service Market
9.2.1 Japan Microgrid As A Service Market by Grid Type
9.2.2 Japan Microgrid As A Service Market by Service Type
9.3 India Microgrid As A Service Market
9.3.1 India Microgrid As A Service Market by Grid Type
9.3.2 India Microgrid As A Service Market by Service Type
9.4 South Korea Microgrid As A Service Market
9.4.1 South Korea Microgrid As A Service Market by Grid Type
9.4.2 South Korea Microgrid As A Service Market by Service Type
9.5 Australia Microgrid As A Service Market
9.5.1 Australia Microgrid As A Service Market by Grid Type
9.5.2 Australia Microgrid As A Service Market by Service Type
9.6 Malaysia Microgrid As A Service Market
9.6.1 Malaysia Microgrid As A Service Market by Grid Type
9.6.2 Malaysia Microgrid As A Service Market by Service Type
9.7 Rest of Asia Pacific Microgrid As A Service Market
9.7.1 Rest of Asia Pacific Microgrid As A Service Market by Grid Type
9.7.2 Rest of Asia Pacific Microgrid As A Service Market by Service Type
Chapter 10. Company Profiles
10.1 Eaton Corporation PLC
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 GE Vernova Group
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.6 SWOT Analysis
10.3 Siemens AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Schneider Electric SE
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Engie SA
10.5.1 Company Overview
10.6 NRG Energy, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 SWOT Analysis
10.7 Hitachi Energy Ltd. (Hitachi Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.8 S&C Electric Company
10.8.1 Company Overview
10.9 Bloom Energy Corporation
10.9.1 Company Overview
10.10. ABB Ltd.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis
TABLE 1 Asia Pacific Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 2 Asia Pacific Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 3 Key Costumer Criteria - Microgrid As A Service Market
TABLE 4 Asia Pacific Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 5 Asia Pacific Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 6 Asia Pacific Grid-connected Market by Country, 2021 - 2024, USD Million
TABLE 7 Asia Pacific Grid-connected Market by Country, 2025 - 2032, USD Million
TABLE 8 Asia Pacific Islanded Market by Country, 2021 - 2024, USD Million
TABLE 9 Asia Pacific Islanded Market by Country, 2025 - 2032, USD Million
TABLE 10 Use Case 1: Grid-Connected Microgrid Deployment(2025) – Smart Corporate Campus Electrification
TABLE 11 Use Case - 2 Islanded Microgrid Deployment (2025) – Electrification of Remote Island Community
TABLE 12 Asia Pacific Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 13 Asia Pacific Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 14 Asia Pacific Operation & Maintenance (O&M) Service Market by Country, 2021 - 2024, USD Million
TABLE 15 Asia Pacific Operation & Maintenance (O&M) Service Market by Country, 2025 - 2032, USD Million
TABLE 16 Asia Pacific Monitoring & Control Service Market by Country, 2021 - 2024, USD Million
TABLE 17 Asia Pacific Monitoring & Control Service Market by Country, 2025 - 2032, USD Million
TABLE 18 Asia Pacific Software As A Service Market by Country, 2021 - 2024, USD Million
TABLE 19 Asia Pacific Software As A Service Market by Country, 2025 - 2032, USD Million
TABLE 20 Use Case 1: Operation & Maintenance (O&M) as a Service (2025) – Industrial Microgrid Asset Lifecycle Optimization
TABLE 21 Use Case – 2: Monitoring & Control as a Service (2025) – Smart Campus Energy Intelligence Platform
TABLE 22 Use Case 3: Software as a Service (SaaS) for Microgrids (2025) – AI-Based Energy Forecasting and Optimization
TABLE 23 Asia Pacific Microgrid As A Service Market by Country, 2021 - 2024, USD Million
TABLE 24 Asia Pacific Microgrid As A Service Market by Country, 2025 - 2032, USD Million
TABLE 25 China Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 26 China Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 27 China Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 28 China Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 29 China Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 30 China Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 31 Japan Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 32 Japan Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 33 Japan Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 34 Japan Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 35 Japan Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 36 Japan Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 37 India Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 38 India Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 39 India Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 40 India Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 41 India Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 42 India Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 43 South Korea Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 44 South Korea Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 45 South Korea Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 46 South Korea Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 47 South Korea Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 48 South Korea Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 49 Australia Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 50 Australia Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 51 Australia Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 52 Australia Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 53 Australia Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 54 Australia Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 55 Malaysia Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 56 Malaysia Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 57 Malaysia Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 58 Malaysia Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 59 Malaysia Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 60 Malaysia Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 61 Rest of Asia Pacific Microgrid As A Service Market, 2021 - 2024, USD Million
TABLE 62 Rest of Asia Pacific Microgrid As A Service Market, 2025 - 2032, USD Million
TABLE 63 Rest of Asia Pacific Microgrid As A Service Market by Grid Type, 2021 - 2024, USD Million
TABLE 64 Rest of Asia Pacific Microgrid As A Service Market by Grid Type, 2025 - 2032, USD Million
TABLE 65 Rest of Asia Pacific Microgrid As A Service Market by Service Type, 2021 - 2024, USD Million
TABLE 66 Rest of Asia Pacific Microgrid As A Service Market by Service Type, 2025 - 2032, USD Million
TABLE 67 Key Information – Eaton Corporation PLC
TABLE 68 Key Information – GE Vernova Group
TABLE 69 Key Information – Siemens AG
TABLE 70 Key Information – Schneider Electric SE
TABLE 71 Key Information – Engie SA
TABLE 72 Key Information – nrg energy, inc.
TABLE 73 Key Information – Hitachi Energy Ltd.
TABLE 74 Key information – S&C Electric Company
TABLE 75 Key Information – Bloom Energy Corporation
TABLE 76 Key Information – ABB Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Microgrid As A Service Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Microgrid As A Service Market
FIG 4 Market Share Analysis, 2024
FIG 5 Porter’s Five Forces Analysis – Microgrid As A Service Market
FIG 6 Value Chain Analysis of Microgrid As A Service Market
FIG 7 Key Costumer Criteria - Microgrid As A Service Market
FIG 8 Asia Pacific Microgrid As A Service Market share by Grid Type, 2024
FIG 9 Asia Pacific Microgrid As A Service Market share by Grid Type, 2032
FIG 10 Asia Pacific Microgrid As A Service Market by Grid Type, 2021 - 2032, USD Million
FIG 11 Asia Pacific Microgrid As A Service Market share by Service Type, 2024
FIG 12 Asia Pacific Microgrid As A Service Market share by Service Type, 2032
FIG 13 Asia Pacific Microgrid As A Service Market by Service Type, 2021 - 2032, USD Million
FIG 14 Asia Pacific Microgrid As A Service Market share by Country, 2024
FIG 15 Asia Pacific Microgrid As A Service Market share by Country, 2032
FIG 16 Asia Pacific Microgrid As A Service Market by Country, 2021 - 2032, USD Million
FIG 17 SWOT Analysis: Eaton Corporation PLC
FIG 18 SWOT Analysis: GE Vernova Group
FIG 19 SWOT Analysis: Siemens AG
FIG 20 SWOT Analysis: Schneider Electric SE
FIG 21 SWOT Analysis: NRG Energy, Inc.
FIG 22 SWOT Analysis: ABB ltd.