Microgrid Controller Market
PUBLISHED: 2019 ID: SMRC17989
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Microgrid Controller Market

Microgrid Controller - Global Market Outlook (2017-2026)

4.2 (52 reviews)
4.2 (52 reviews)
Published: 2019 ID: SMRC17989

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Microgrid Controller Market is accounted for $4.67 billion in 2017 and is expected to reach $18.84 billion by 2026 growing at a CAGR of 16.7%. Factors such as huge investments from the government for microgrid projects, the shift towards renewable energy sources and improvement in the efficiency of microgrids are fueling the market growth. However, the high price of microgrid controllers and stringent government regulations are hampering the growth of the market. Furthermore, modernized smart cities in developing countries are the growth opportunities for the market.

Microgrid controllers consist of hardware, software, and services. Hardware includes generation optimizers, local controllers, supervisory controllers, communications network, and human-machine interfaces. The expected largest market share of hardware is attributed to the high cost of components such as generation optimizers, HMIs, and intelligent controllers.

Based on connectivity, connected grid segment propels the market share during the forecast period. As grid connected microgrids have higher reliability than remote/island microgrids owing to their connection with power grids. By geography, Asia Pacific region is anticipated to grow due to the development of the industrial sector and power infrastructure in several of the region’s countries provide significant growth opportunities to local as well as global market players.

Some of the key players in Microgrid Controller market include Eaton, Schweitzer Engineering Laboratories, ABB, Honeywell, Power Analytics, Go Electric, S&C Electric, Siemens, Lockheed Martin, Homer Energy, GE Power, Emerson, Qinous, Advanced Microgrid Solutions, and Princeton Power Systems.

Ownerships Covered:
• Private
• Public

Offerings Covered:
• Software
• Service
• Hardware

Connectivities Covered:
• Off Grid/ Isolanded/Remote
• Grid Connected
• Hybrid

End Users Covered:
• Commercial
• Healthcare
• Government
• Utilities
• Industrial
• Educational Institutes
• Military & Defense
• Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
    o Comprehensive profiling of additional market players (up to 3)
    o SWOT Analysis of key players (up to 3)
• Regional Segmentation
    o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
    o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary   
     
2 Preface    
 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 End User Analysis  
 3.7 Emerging Markets  
 3.8 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Microgrid Controller Market, By Ownership
 5.1 Introduction  
 5.2 Private   
 5.3 Public   
     
6 Global Microgrid Controller Market, By Offering
 6.1 Introduction  
 6.2 Software   
 6.3 Service   
 6.4 Hardware  
     
7 Global Microgrid Controller Market, By Connectivity
 7.1 Introduction  
 7.2 Off Grid/ Isolanded/Remote 
 7.3 Grid Connected  
 7.4 Hybrid   
     
8 Global Microgrid Controller Market, By End User
 8.1 Introduction  
 8.2 Commercial  
 8.3 Healthcare  
 8.4 Government  
 8.5 Utilities   
 8.6 Industrial   
 8.7 Educational Institutes 
 8.8 Military & Defense  
 8.9 Other End Users  
     
9 Global Microgrid Controller Market, By Geography
 9.1 Introduction  
 9.2 North America  
  9.2.1 US  
  9.2.2 Canada  
  9.2.3 Mexico  
 9.3 Europe   
  9.3.1 Germany  
  9.3.2 UK  
  9.3.3 Italy  
  9.3.4 France  
  9.3.5 Spain  
  9.3.6 Rest of Europe 
 9.4 Asia Pacific  
  9.4.1 Japan  
  9.4.2 China  
  9.4.3 India  
  9.4.4 Australia  
  9.4.5 New Zealand 
  9.4.6 South Korea 
  9.4.7 Rest of Asia Pacific 
 9.5 South America  
  9.5.1 Argentina 
  9.5.2 Brazil  
  9.5.3 Chile  
  9.5.4 Rest of South America
 9.6 Middle East & Africa 
  9.6.1 Saudi Arabia 
  9.6.2 UAE  
  9.6.3 Qatar  
  9.6.4 South Africa 
  9.6.5 Rest of Middle East & Africa
     
10 Key Developments   
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
 10.2 Acquisitions & Mergers 
 10.3 New Product Launch 
 10.4 Expansions  
 10.5 Other Key Strategies 
     
11 Company Profiling   
 11.1 Eaton   
 11.2 Schweitzer Engineering Laboratories
 11.3 ABB   
 11.4 Honeywell  
 11.5 Power Analytics  
 11.6 Go Electric  
 11.7 S&C Electric  
 11.8 Siemens   
 11.9 Lockheed Martin  
 11.10 Homer Energy  
 11.11 GE Power   
 11.12 Emerson   
 11.13 Qinous   
 11.14 Advanced Microgrid Solutions 
 11.15 Princeton Power Systems 


List of Tables    
1 Global Microgrid Controller Market Outlook, By Region (2016-2026) ($MN)
2 Global Microgrid Controller Market Outlook, By Ownership (2016-2026) ($MN)
3 Global Microgrid Controller Market Outlook, By Private (2016-2026) ($MN)
4 Global Microgrid Controller Market Outlook, By Public (2016-2026) ($MN)
5 Global Microgrid Controller Market Outlook, By Offering (2016-2026) ($MN)
6 Global Microgrid Controller Market Outlook, By Software (2016-2026) ($MN)
7 Global Microgrid Controller Market Outlook, By Service (2016-2026) ($MN)
8 Global Microgrid Controller Market Outlook, By Hardware (2016-2026) ($MN)
9 Global Microgrid Controller Market Outlook, By Connectivity (2016-2026) ($MN)
10 Global Microgrid Controller Market Outlook, By Off Grid/ Isolanded/ Remote (2016-2026) ($MN)
11 Global Microgrid Controller Market Outlook, By Grid Connected (2016-2026) ($MN)
12 Global Microgrid Controller Market Outlook, By Hybrid (2016-2026) ($MN)
13 Global Microgrid Controller Market Outlook, By End User (2016-2026) ($MN)
14 Global Microgrid Controller Market Outlook, By Commercial (2016-2026) ($MN)
15 Global Microgrid Controller Market Outlook, By Healthcare (2016-2026) ($MN)
16 Global Microgrid Controller Market Outlook, By Government (2016-2026) ($MN)
17 Global Microgrid Controller Market Outlook, By Utilities (2016-2026) ($MN)
18 Global Microgrid Controller Market Outlook, By Industrial (2016-2026) ($MN)
19 Global Microgrid Controller Market Outlook, By Educational Institutes (2016-2026) ($MN)
20 Global Microgrid Controller Market Outlook, By Military & Defense (2016-2026) ($MN)
21 Global Microgrid Controller Market Outlook, By Other End Users (2016-2026) ($MN)
22 North America Microgrid Controller Market Outlook, By Country (2016-2026) ($MN)
23 North America Microgrid Controller Market Outlook, By Ownership (2016-2026) ($MN)
24 North America Microgrid Controller Market Outlook, By Private (2016-2026) ($MN)
25 North America Microgrid Controller Market Outlook, By Public (2016-2026) ($MN)
26 North America Microgrid Controller Market Outlook, By Offering (2016-2026) ($MN)
27 North America Microgrid Controller Market Outlook, By Software (2016-2026) ($MN)
28 North America Microgrid Controller Market Outlook, By Service (2016-2026) ($MN)
29 North America Microgrid Controller Market Outlook, By Hardware (2016-2026) ($MN)
30 North America Microgrid Controller Market Outlook, By Connectivity (2016-2026) ($MN)
31 North America Microgrid Controller Market Outlook, By Off Grid/ Isolanded/ Remote (2016-2026) ($MN)
32 North America Microgrid Controller Market Outlook, By Grid Connected (2016-2026) ($MN)
33 North America Microgrid Controller Market Outlook, By Hybrid (2016-2026) ($MN)
34 North America Microgrid Controller Market Outlook, By End User (2016-2026) ($MN)
35 North America Microgrid Controller Market Outlook, By Commercial (2016-2026) ($MN)
36 North America Microgrid Controller Market Outlook, By Healthcare (2016-2026) ($MN)
37 North America Microgrid Controller Market Outlook, By Government (2016-2026) ($MN)
38 North America Microgrid Controller Market Outlook, By Utilities (2016-2026) ($MN)
39 North America Microgrid Controller Market Outlook, By Industrial (2016-2026) ($MN)
40 North America Microgrid Controller Market Outlook, By Educational Institutes (2016-2026) ($MN)
41 North America Microgrid Controller Market Outlook, By Military & Defense (2016-2026) ($MN)
42 North America Microgrid Controller Market Outlook, By Other End Users (2016-2026) ($MN)
43 Europe Microgrid Controller Market Outlook, By Country (2016-2026) ($MN)
44 Europe Microgrid Controller Market Outlook, By Ownership (2016-2026) ($MN)
45 Europe Microgrid Controller Market Outlook, By Private (2016-2026) ($MN)
46 Europe Microgrid Controller Market Outlook, By Public (2016-2026) ($MN)
47 Europe Microgrid Controller Market Outlook, By Offering (2016-2026) ($MN)
48 Europe Microgrid Controller Market Outlook, By Software (2016-2026) ($MN)
49 Europe Microgrid Controller Market Outlook, By Service (2016-2026) ($MN)
50 Europe Microgrid Controller Market Outlook, By Hardware (2016-2026) ($MN)
51 Europe Microgrid Controller Market Outlook, By Connectivity (2016-2026) ($MN)
52 Europe Microgrid Controller Market Outlook, By Off Grid/ Isolanded/ Remote (2016-2026) ($MN)
53 Europe Microgrid Controller Market Outlook, By Grid Connected (2016-2026) ($MN)
54 Europe Microgrid Controller Market Outlook, By Hybrid (2016-2026) ($MN)
55 Europe Microgrid Controller Market Outlook, By End User (2016-2026) ($MN)
56 Europe Microgrid Controller Market Outlook, By Commercial (2016-2026) ($MN)
57 Europe Microgrid Controller Market Outlook, By Healthcare (2016-2026) ($MN)
58 Europe Microgrid Controller Market Outlook, By Government (2016-2026) ($MN)
59 Europe Microgrid Controller Market Outlook, By Utilities (2016-2026) ($MN)
60 Europe Microgrid Controller Market Outlook, By Industrial (2016-2026) ($MN)
61 Europe Microgrid Controller Market Outlook, By Educational Institutes (2016-2026) ($MN)
62 Europe Microgrid Controller Market Outlook, By Military & Defense (2016-2026) ($MN)
63 Europe Microgrid Controller Market Outlook, By Other End Users (2016-2026) ($MN)
64 Asia Pacific Microgrid Controller Market Outlook, By Country (2016-2026) ($MN)
65 Asia Pacific Microgrid Controller Market Outlook, By Ownership (2016-2026) ($MN)
66 Asia Pacific Microgrid Controller Market Outlook, By Private (2016-2026) ($MN)
67 Asia Pacific Microgrid Controller Market Outlook, By Public (2016-2026) ($MN)
68 Asia Pacific Microgrid Controller Market Outlook, By Offering (2016-2026) ($MN)
69 Asia Pacific Microgrid Controller Market Outlook, By Software (2016-2026) ($MN)
70 Asia Pacific Microgrid Controller Market Outlook, By Service (2016-2026) ($MN)
71 Asia Pacific Microgrid Controller Market Outlook, By Hardware (2016-2026) ($MN)
72 Asia Pacific Microgrid Controller Market Outlook, By Connectivity (2016-2026) ($MN)
73 Asia Pacific Microgrid Controller Market Outlook, By Off Grid/ Isolanded/ Remote (2016-2026) ($MN)
74 Asia Pacific Microgrid Controller Market Outlook, By Grid Connected (2016-2026) ($MN)
75 Asia Pacific Microgrid Controller Market Outlook, By Hybrid (2016-2026) ($MN)
76 Asia Pacific Microgrid Controller Market Outlook, By End User (2016-2026) ($MN)
77 Asia Pacific Microgrid Controller Market Outlook, By Commercial (2016-2026) ($MN)
78 Asia Pacific Microgrid Controller Market Outlook, By Healthcare (2016-2026) ($MN)
79 Asia Pacific Microgrid Controller Market Outlook, By Government (2016-2026) ($MN)
80 Asia Pacific Microgrid Controller Market Outlook, By Utilities (2016-2026) ($MN)
81 Asia Pacific Microgrid Controller Market Outlook, By Industrial (2016-2026) ($MN)
82 Asia Pacific Microgrid Controller Market Outlook, By Educational Institutes (2016-2026) ($MN)
83 Asia Pacific Microgrid Controller Market Outlook, By Military & Defense (2016-2026) ($MN)
84 Asia Pacific Microgrid Controller Market Outlook, By Other End Users (2016-2026) ($MN)
85 South America Microgrid Controller Market Outlook, By Country (2016-2026) ($MN)
86 South America Microgrid Controller Market Outlook, By Ownership (2016-2026) ($MN)
87 South America Microgrid Controller Market Outlook, By Private (2016-2026) ($MN)
88 South America Microgrid Controller Market Outlook, By Public (2016-2026) ($MN)
89 South America Microgrid Controller Market Outlook, By Offering (2016-2026) ($MN)
90 South America Microgrid Controller Market Outlook, By Software (2016-2026) ($MN)
91 South America Microgrid Controller Market Outlook, By Service (2016-2026) ($MN)
92 South America Microgrid Controller Market Outlook, By Hardware (2016-2026) ($MN)
93 South America Microgrid Controller Market Outlook, By Connectivity (2016-2026) ($MN)
94 South America Microgrid Controller Market Outlook, By Off Grid/ Isolanded/ Remote (2016-2026) ($MN)
95 South America Microgrid Controller Market Outlook, By Grid Connected (2016-2026) ($MN)
96 South America Microgrid Controller Market Outlook, By Hybrid (2016-2026) ($MN)
97 South America Microgrid Controller Market Outlook, By End User (2016-2026) ($MN)
98 South America Microgrid Controller Market Outlook, By Commercial (2016-2026) ($MN)
99 South America Microgrid Controller Market Outlook, By Healthcare (2016-2026) ($MN)
100 South America Microgrid Controller Market Outlook, By Government (2016-2026) ($MN)
101 South America Microgrid Controller Market Outlook, By Utilities (2016-2026) ($MN)
102 South America Microgrid Controller Market Outlook, By Industrial (2016-2026) ($MN)
103 South America Microgrid Controller Market Outlook, By Educational Institutes (2016-2026) ($MN)
104 South America Microgrid Controller Market Outlook, By Military & Defense (2016-2026) ($MN)
105 South America Microgrid Controller Market Outlook, By Other End Users (2016-2026) ($MN)
106 Middle East & Africa Microgrid Controller Market Outlook, By Country (2016-2026) ($MN)
107 Middle East & Africa Microgrid Controller Market Outlook, By Ownership (2016-2026) ($MN)
108 Middle East & Africa Microgrid Controller Market Outlook, By Private (2016-2026) ($MN)
109 Middle East & Africa Microgrid Controller Market Outlook, By Public (2016-2026) ($MN)
110 Middle East & Africa Microgrid Controller Market Outlook, By Offering (2016-2026) ($MN)
111 Middle East & Africa Microgrid Controller Market Outlook, By Software (2016-2026) ($MN)
112 Middle East & Africa Microgrid Controller Market Outlook, By Service (2016-2026) ($MN)
113 Middle East & Africa Microgrid Controller Market Outlook, By Hardware (2016-2026) ($MN)
114 Middle East & Africa Microgrid Controller Market Outlook, By Connectivity (2016-2026) ($MN)
115 Middle East & Africa Microgrid Controller Market Outlook, By Off Grid/ Isolanded/ Remote (2016-2026) ($MN)
116 Middle East & Africa Microgrid Controller Market Outlook, By Grid Connected (2016-2026) ($MN)
117 Middle East & Africa Microgrid Controller Market Outlook, By Hybrid (2016-2026) ($MN)
118 Middle East & Africa Microgrid Controller Market Outlook, By End User (2016-2026) ($MN)
119 Middle East & Africa Microgrid Controller Market Outlook, By Commercial (2016-2026) ($MN)
120 Middle East & Africa Microgrid Controller Market Outlook, By Healthcare (2016-2026) ($MN)
121 Middle East & Africa Microgrid Controller Market Outlook, By Government (2016-2026) ($MN)
122 Middle East & Africa Microgrid Controller Market Outlook, By Utilities (2016-2026) ($MN)
123 Middle East & Africa Microgrid Controller Market Outlook, By Industrial (2016-2026) ($MN)
124 Middle East & Africa Microgrid Controller Market Outlook, By Educational Institutes (2016-2026) ($MN)
125 Middle East & Africa Microgrid Controller Market Outlook, By Military & Defense (2016-2026) ($MN)
126 Middle East & Africa Microgrid Controller Market Outlook, By Other End Users (2016-2026) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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