Report Detail
Global Microgrid Controller Market Size study, by Product (Grid Connected and Off Grid/Remote/Islanded), Offering (Hardware, Software and Services) Verticals (Government, Utilities, Commercial, Industrial, Educational Institutes, Military & Defense, Healthcare and Others) and Regional Forecasts 2019-2026
- RnM3640302 |
- 02 August, 2019 |
- Global |
- 200 Pages |
- Bizwit Research & Consulting LLP |
- Electronics
Global microgrid controller market is valued approximately USD 5.30 Billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.65 % over the forecast period 2019-2026. Microgrid is an integrated energy system with local distributed energy resources such as generating assets, local loads and possibly energy storage devices. Further, increasing government investments to promote microgrid projects and optimization of energy asset & improved efficiency of microgrids are some key forces, driving the growth of the microgrid controller market over the forecast period of 2019-2026. For instance: as per the Department of Commerce in May 2017, the department of Commerce has finalized grants totaling along with the two Washington state utilities to further innovate and develop the work on electricity “microgrid” projects. Also, Spokane-based private utility Avista and the Snohomish County Public Utility District each were awarded funds $3.5 million from the Washington Clean Energy Fund. Through this funding, Snohomish County Public Utility District (SnoPUD) would build a Clean Energy Technology Center in Arlington. The facility is currently in the design phase, would demonstrate how evolving energy technologies including microgrid system, small-scale renewable energy and energy storage can work together to improve renewable energy integration and can improve grid resiliency. As a result, the adoption and utility of microgrid controllers would increase thereby, contributing towards the growth of the market. However, high cost of microgrid control systems and stringent government standards and policies impedes the growth of the market over the forecast period.
The regional analysis of global microgrid controller market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high adoption rate of microgrids in commercial and industrial sectors. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increased developmental activities regarding grid-connected technology in countries such as India and Singapore are contributing towards the growth of the Asia-Pacific.
Leading market player included in this report are:
Schneider Electric
GE Power
ABB
Siemens
Schweitzer Engineering Laboratories
Eaton
Lockheed Martin
Honeywell
Power Analytics
S&C Electric
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Grid Connected
Off Grid/Remote/Islanded
By Offering:
Hardware
Software
Services
By Vertical:
Government
Utilities
Commercial
Industrial
Educational Institutes
Military & Defense
Healthcare
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
ROE
Asia Pacific
China
India
Japan
ROAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Microgrid Controller Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Key Trends
- 1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Million)
- 1.3.1. Microgrid Controller Market, by Connectivity, 2016-2026 (USD Million)
- 1.3.2. Microgrid Controller Market, by Offering, 2016-2026 (USD Million)
- 1.3.3. Microgrid Controller Market, by Vertical, 2016-2026 (USD Million)
- 1.3.4. Microgrid Controller Market, by Region, 2016-2026 (USD Million)
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Microgrid Controller Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Microgrid Controller Market Dynamics
- 3.1. See Saw Analysis
- 3.1.1. Market Drivers
- 3.1.2. Market Challenges
- 3.1.3. Market Opportunities
Chapter 4. Global Microgrid Controller Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Buyers
- 4.1.2. Bargaining Power of Suppliers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.2. PEST Analysis
- 4.2.1. Political Scenario
- 4.2.2. Economic Scenario
- 4.2.3. Social Scenario
- 4.2.4. Technological Scenario
- 4.3. Key Buying Criteria (On Demand)
- 4.4. Regulatory Framework (On Demand)
- 4.5. Investment Vs Adoption Scenario (On Demand)
- 4.6. Analyst Recommendation & Conclusion
Chapter 5. Global Microgrid Controller Market, By Connectivity
- 5.1. Market Snapshot
- 5.2. Market Performance - Potential Model
- 5.3. Microgrid Controller Market, Sub Segment Analysis
- 5.3.1. Grid Connected
- 5.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 5.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 5.3.2. Off Grid/Remote/Islanded
- 5.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 5.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
Chapter 6. Global Microgrid Controller Market, by Offering
- 6.1. Market Snapshot
- 6.2. Market Performance - Potential Model
- 6.3. Microgrid Controller Market, Sub Segment Analysis
- 6.3.1. Hardware
- 6.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 6.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 6.3.2. Software
- 6.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 6.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 6.3.3. Services
- 6.3.3.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 6.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
Chapter 7. Global Microgrid Controller Market, by Vertical
- 7.1. Market Snapshot
- 7.2. Market Performance - Potential Model
- 7.3. Microgrid Controller Market, Sub Segment Analysis
- 7.3.1. Government
- 7.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.2. Utilities
- 7.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.3. Commercial
- 7.3.3.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.4. Industrial
- 7.3.4.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.5. Educational Institutes
- 7.3.5.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.5.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.6. Military & Defense
- 7.3.6.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.6.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.7. Healthcare
- 7.3.7.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.7.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
- 7.3.8. Others
- 7.3.8.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 7.3.8.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million)
Chapter 8. Global Microgrid Controller Market, by Regional Analysis
- 8.1. Microgrid Controller Market, Regional Market Snapshot (2016-2026 )
- 8.2. North America Microgrid Controller Market Snapshot
- 8.2.1. U.S.
- 8.2.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.2.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.2.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.2.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.2.2. Canada
- 8.2.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.2.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.2.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.2.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.2.1. U.S.
- 8.3. Europe Microgrid Controller Market Snapshot
- 8.3.1. U.K.
- 8.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.3.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.2. Germany
- 8.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.3.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.3. Rest of Europe
- 8.3.3.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.3.3.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.3.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.3.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.3.1. U.K.
- 8.4. Asia Microgrid Controller Market Snapshot
- 8.4.1. China
- 8.4.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.4.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.2. India
- 8.4.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.4.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.4.3.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.3.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.3.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.4. Rest of Asia Pacific
- 8.4.4.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.4.4.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.4.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.4.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.4.1. China
- 8.5. Latin America Microgrid Controller Market Snapshot
- 8.5.1. Brazil
- 8.5.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.5.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.5.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.5.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.5.2. Mexico
- 8.5.2.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.5.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.5.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.5.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.5.1. Brazil
- 8.6. Rest of The World
- 8.6.1. Middle East and Africa
- 8.6.1.1. Market estimates & forecasts, 2016-2026 (USD Million)
- 8.6.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.6.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million)
- 8.6.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million)
Chapter 9. Competitive Intelligence
- 9.1. Company Market Share (Subject to Data Availability)
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Schneider Electric
- 9.3.1.1. Overview
- 9.3.1.2. Financial (Subject to Data Availability)
- 9.3.1.3. Product Summary
- 9.3.1.4. Recent Developments
- 9.3.2. GE Power
- 9.3.3. ABB
- 9.3.4. Siemens
- 9.3.5. Schweitzer Engineering Laboratories
- 9.3.6. Eaton
- 9.3.7. Lockheed Martin
- 9.3.8. Honeywell
- 9.3.9. Power Analytics
- 9.3.10. S&C Electric
- 9.3.1. Schneider Electric
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 8.6.1. Middle East and Africa
- 7.3.1. Government
- 6.3.1. Hardware
- 5.3.1. Grid Connected
Summary:
Get latest Market Research Reports on microgrid controller . Industry analysis & Market Report on microgrid controller is a syndicated market report, published as Global Microgrid Controller Market Size study, by Product (Grid Connected and Off Grid/Remote/Islanded), Offering (Hardware, Software and Services) Verticals (Government, Utilities, Commercial, Industrial, Educational Institutes, Military & Defense, Healthcare and Others) and Regional Forecasts 2019-2026
. It is complete Research Study and Industry Analysis of microgrid controller market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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