Microgrids Market- Global Industry Size, Market Share, Trends, Analysis and Forecasts 2012-2018
Factors such as increasing demand and cost of energy along with ageing energy infrastructure are driving microgrid market globally. Microgrid market is expected to grow at a CAGR of 13.7% during the period of 2012-2018. With advantages such as fewer line losses, lower demand of infrastructure and the ability to rely on more localized sources of power generation, microgrid is gaining more popularity in commercial, military and industrial sectors.
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