South Korea Microgrid Market Projected to Reach USD 10.4 Billion by...

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2025-08-06 07:37:52 - Translate

South Korea Microgrid Market Projected to Reach USD 10.4 Billion by 2034 on Back of Renewable Energy Expansion

The South Korea microgrid market was valued at USD 1.91 billion in 2024 and is expected to grow at an impressive compound annual growth rate (CAGR) of 18.2% between 2025 and 2034. By 2034, the market size is projected to reach USD 10.4 billion, reflecting the country’s strong commitment to energy decentralization, sustainability, and enhanced grid...

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