The surprising rates of electrification have experienced numerous populated counties in Asian region such as Bangladesh, Indian, China and Indonesia. To meet the increased demand for both power and grid services across the region will require innovation approach and the term discrete power system microgrid has introduced. As the reliability and quality of power demand have increased day by day, power industry faces many problems including rising cost of energy, power quality and stability, aging infrastructure, mass electrification, climate change and so on where people have focused on low voltage or medium voltage distribution generation. Microgrid has served several goals for the society in term of reliability, sustainability and economic power operation. Besides, feasibility of microgrid is wide spread such as various region of underdeveloped Asian subcontinent especially in remote village and Islands. This paper has a detail description of perspective and existing microgrid around this region and its future application. Moreover, the information of microgrid has tabulated here so that researcher and designer would get help from it along with they might know what have done so far in this field and what is going up. The market of microgrid has increased dramatically since last decade and government has focused on quality of community life by harvesting maximum renewable power.