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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1126040

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PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1126040

Microgrid Controller Market by Connectivity (Grid Connected, Off-grid Connected), Offering (Hardware, Software, Services), End-use application (Commercial & Industrial, Remote Areas, Utilities) and Geography - Global Forecast to 2027

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The global microgrid controller market size is estimated to be USD 4.2Billion in 2022 and is projected to reach USD 11.5 Billion by 2027, at a CAGR of 22.3% during the forecast period. There is an increasing global demand for reliable and secure power supply. Widespread industrialization and urbanisation are fuelling the demand for energy storage systems. Government initiatives to reduce carbon footprint; the convergence of IoT enhancing microgrid connectivity; and the advantages of cheap and clean energy storage are the major driving factors for the global microgrid controller market.

"Grid connected segment of microgrid controller market expected to grow at a higher CAGR during the forecast period"

During the forecast period, grid-connected microgrids will lead the microgrid controller market. Expansion of utility grid transmission lines and surge in use of renewable power sources are some of the major factors contributing towards the growth of this segment. Grid-connected microgrids usually have higher reliability than remote/island microgrids; they can produce power within their distribution circuits as well as import it from utility sources. Grid-connected microgrids enable renewable energy generation without expensive grid reinforcements. They improve the efficiency and resiliency of the power generated and reduce carbon footprints.

"Software segment likely to witness higher growth between 2022 and 2027"

Microgrid controller software segment is expected to witness fastest growth by 2027. Microgrid software is mainly used for modelling variable sources of energy, such as solar and wind, with variable thermal loads. Software such as supervisory control and data acquisition (SCADA), energy management, generator and load management, and system reconfiguration software are used in microgrids to allow the simulation and optimization of resources. Highly specialised software's are used by microgrid designers to model the technical performance of microgrids. These software helps in simplify technical and economic factors involved in a microgrid project and compare the cost and feasibility of different configurations of hardware.

"Military is the third largest end-use application due to wide use of microgrids for energy security and resiliency"

Microgrids are used in the military sector to ensure an uninterrupted electricity supply in military establishments and bases in case of main grid outages. Several military microgrid projects are being carried out globally in collaboration with well-established companies such as General Electric, Lockheed Martin, Boeing, and Honeywell International Inc., as well as small specialties technology firms such as Spirae and Power Analytics. Microgrids provide the ultimate emergency backup power source and can function independently from the grid, enhancing the physical security and cybersecurity of a nation's military bases.

Energy resilience and security are the main concerns of military establishments because military forces of different countries are increasingly using microgrids, which generate electricity from renewable energy sources. For instance, in February 2019, Schneider Electric expanded its microgrid project at Marine Corps Air Station (MCAS), Miramar, Goa (India), to boost the grid resilience of this facility.

"US likely to dominate the overall microgrid market in the Americas region between 2022 and 2027"

The US dominated the microgrid controller market in Americas in 2021 and is expected to continue its dominance by 2027. The growing deployment of sustainable energy sources to reduce the dependence on existing electricity networks is expected to positively impact the growth of the microgrid controller market in the country. Increasing investments in using clean energy sources for electricity generation are also fuelling the growth of the microgrid controller market. For instance, in February 2021, the United States House of Representatives introduced H.R.1512, the Climate Leadership and Environmental Action for its Nation's Future Act. The CLEAN Future Act authorizes a total of USD 565 billion in spending over the next decade to reach decarbonization goals-specifically, to achieve net-zero greenhouse gas (GHG) emissions by 2050 and limit temperature increases to 1.5°C. H.R.1512's budget includes several billions of dollars in microgrid funding.

A variety of executives from key organizations operating in the microgrid controller market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.

  • By Company Type:Tier 1 = 55%, Tier 2 = 25%, and Tier 3 = 20%
  • By Designation:C-level Executives = 45%, Directors = 30%, and Others (sales, marketing, and product managers, as well as members of various organizations) = 25%
  • By Region: Americas = 40%, Europe= 25%, APAC=20%, and ROW=15%

Schneider Electric (France), General Electric (US), ABB (Switzerland), Siemens (Germany), Schweitzer Engineering Laboratories (US), Eaton Corporation (Ireland), Honeywell International (US), Caterpillar Inc. (US), S&C Electric (US), and Power Analytics (US) are the key players in the microgridcontroller market. These top players have strong portfolios of products and services and a presence in both mature and emerging markets.

The study includes an in-depth competitive analysis of these key players in the microgrid controller market, with their company profiles, recent developments, and key market strategies.

Research Coverage

This report offers detailed insights into the microgrid controller market based on connectivity (grid connected, off-grid connected), offering (hardware, software, services), end-use application (commercial & industrial, remote areas, institutes & campuses, government, utilities, military, and healthcare), and region (Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW) which includes the Middle East and Africa (MEA) and Africa).

The report also provides a comprehensive review of microgrid controller market drivers, restraints, opportunities, and challenges in the market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the microgrid controller market and provides them information on key market drivers, restraints, challenges, and opportunities.

Product Code: SE 6903

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 DEFINITION AND SCOPE
    • 1.2.1 INCLUSIONS AND EXCLUSIONS: OFFERING SEGMENT
    • 1.2.2 INCLUSIONS AND EXCLUSIONS: OTHER SEGMENTS
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKETS COVERED
    • FIGURE 1 MARKET SEGMENTATION
    • 1.3.2 REGIONAL SCOPE
    • 1.3.3 YEARS CONSIDERED
  • 1.4 CURRENCY CONSIDERED
  • 1.5 LIMITATIONS
  • 1.6 STAKEHOLDERS
  • 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 2 MICROGRID CONTROLLER MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Major secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Breakdown of primaries
      • 2.1.2.2 Key data from primary sources
    • 2.1.3 SECONDARY AND PRIMARY RESEARCH
      • 2.1.3.1 Key industry insights
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
      • 2.2.1.1 Approach for capturing market share by bottom-up analysis
    • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
      • 2.2.1.2 Approach for capturing microgrid controller company-specific information
    • 2.2.2 TOP-DOWN APPROACH
      • 2.2.2.1 Approach for capturing market share by top-down analysis
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
    • FIGURE 5 DATA TRIANGULATION METHODOLOGY
  • 2.4 GROWTH FORECAST ASSUMPTIONS
    • TABLE 1 MICROGRID CONTROLLER MARKET: KEY FORECAST ASSUMPTIONS
  • 2.5 RESEARCH ASSUMPTIONS
    • FIGURE 6 KEY ASSUMPTIONS: MACRO- AND MICRO-ECONOMIC ENVIRONMENT

3 EXECUTIVE SUMMARY

    • FIGURE 7 MICROGRID CONTROLLER MARKET, 2018-2027 (USD MILLION)
    • FIGURE 8 GRID-CONNECTED SEGMENT TO RECORD HIGHER GROWTH RATE DURING FORECAST PERIOD
    • FIGURE 9 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2022-2027
    • FIGURE 10 MICROGRID CONTROLLERS FOR REMOTE AREAS TO HOLD LARGEST MARKET SHARE IN 2022
    • FIGURE 11 MARKET IN ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR KEY MARKET PLAYERS IN MICROGRID CONTROLLER MARKET
    • FIGURE 12 INCREASING NEED FOR RELIABLE, UNINTERRUPTED POWER SUPPLY TO DRIVE MARKET GROWTH
  • 4.2 MICROGRID CONTROLLER MARKET, BY OFFERING
    • FIGURE 13 HARDWARE TO HOLD LARGEST MARKET SHARE BETWEEN 2022 AND 2027
  • 4.3 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY
    • FIGURE 14 GRID-CONNECTED MICROGRIDS TO ACCOUNT FOR LARGER MARKET SHARE FROM 2022 TO 2027
  • 4.4 MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION
    • FIGURE 15 COMMERCIAL & INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • FIGURE 16 MICROGRID CONTROLLER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.2.1 DRIVERS
      • 5.2.1.1 Decarbonization being increasingly emphasized by different end users and governments
    • FIGURE 17 GLOBAL SOLAR PV AND WIND INSTALLATIONS IN GIGAWATTS (GW), 2018-2027
    • FIGURE 18 GLOBAL INVESTMENTS IN CLEAN ENERGY AND ENERGY EFFICIENCY, 2018-2021
      • 5.2.1.2 Optimization of energy assets and improved efficiency of microgrids using microgrid controllers
    • FIGURE 19 FUNCTIONS OF MICROGRID CONTROLLERS
      • 5.2.1.3 Growing need for reliable, uninterrupted power supply
      • 5.2.1.4 Surge in use of microgrids for rural electrification
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High cost of microgrid controllers
      • 5.2.2.2 Dynamic government policies, regulations, and standards worldwide
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Increase in number of microgrid projects for different industries
      • 5.2.3.2 Rise in energy demand and need for expansion of renewable energy in Asia Pacific
      • 5.2.3.3 Growing investor interest in EaaS business model to minimize costs
    • TABLE 2 BUSINESS MODEL OF MAJOR COMPANIES IN MICROGRID ECOSYSTEM
      • 5.2.3.4 Encouragement from governments to develop microgrid projects
      • 5.2.3.5 Modernization of aging grid infrastructure
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Interoperability and compatibility issues due to large number of components/devices
      • 5.2.4.2 Operational, technological, and security risks associated with microgrids
  • 5.3 VALUE CHAIN ANALYSIS
    • FIGURE 20 VALUE CHAIN ANALYSIS: MICROGRID CONTROLLER MARKET
  • 5.4 MICROGRID CONTROLLER MARKET: ECOSYSTEM
    • TABLE 3 MICROGRID CONTROLLER MARKET: ECOSYSTEM
    • FIGURE 21 KEY PLAYERS IN MICROGRID CONTROLLER MARKET ECOSYSTEM
  • 5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
    • FIGURE 22 REVENUE SHIFT FOR MICROGRID CONTROLLER MARKET
  • 5.6 KEY TECHNOLOGY TRENDS
    • 5.6.1 BLOCKCHAIN-BASED MICROGRIDS/BLOCKCHAIN MICROGRIDS
    • 5.6.2 SMART MICROGRIDS
    • 5.6.3 ADVENT OF AI-BASED MICROGRIDS
  • 5.7 PATENT ANALYSIS
    • FIGURE 23 NUMBER OF PATENTS GRANTED FOR MICROGRID CONTROLLER MARKET, 2011-2021
    • FIGURE 24 REGIONAL ANALYSIS OF PATENTS GRANTED FOR MICROGRIDS, 2011-2021
    • TABLE 4 LIST OF FEW PATENTS IN MICROGRID CONTROLLER MARKET, 2020-2022
  • 5.8 KEY CONFERENCES AND EVENTS, 2022-2024
    • 5.8.1 MICROGRID CONTROLLER MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
  • 5.9 TARIFFS AND REGULATORY LANDSCAPE
    • 5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • TABLE 5 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 5.9.2 CODES AND STANDARDS RELATED TO MICROGRIDS
    • TABLE 6 CODES AND STANDARDS RELATED TO MICROGRIDS

6 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY

  • 6.1 INTRODUCTION
    • FIGURE 25 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY
    • TABLE 7 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • FIGURE 26 GRID-CONNECTED MICROGRIDS TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD
    • TABLE 8 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
  • 6.2 GRID-CONNECTED
    • 6.2.1 EXPANSION OF UTILITY GRID TRANSMISSION LINES AND SURGE IN USE OF RENEWABLE POWER SOURCES
  • 6.3 OFF-GRID
    • 6.3.1 GROWING OFF-GRID SOLAR PROJECTS TO CREATE NEW MARKET OPPORTUNITIES

7 MICROGRID CONTROLLER MARKET, BY OFFERING

  • 7.1 INTRODUCTION
    • FIGURE 27 MICROGRID CONTROLLER MARKET, BY OFFERING
    • TABLE 9 MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • FIGURE 28 SOFTWARE TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD
    • TABLE 10 MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
  • 7.2 HARDWARE
    • 7.2.1 HARDWARE IS CRUCIAL FOR MICROGRID CONTROLLERS
  • 7.3 SOFTWARE
    • 7.3.1 SOFTWARE HELPS IN OPTIMAL SCHEDULING AND MANAGEMENT OF MICROGRIDS
  • 7.4 SERVICES
    • 7.4.1 SERVICES INCLUDE CONSULTING, MAINTENANCE, AND TRAINING

8 MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION

  • 8.1 INTRODUCTION
    • FIGURE 29 MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION
    • TABLE 11 MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • FIGURE 30 COMMERCIAL & INDUSTRIAL SEGMENT TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD
    • TABLE 12 MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
  • 8.2 COMMERCIAL & INDUSTRIAL
    • 8.2.1 REQUIREMENT FOR UNINTERRUPTED ELECTRICITY SUPPLY IN COMMERCIAL & INDUSTRIAL SECTOR
    • TABLE 13 COMMERCIAL & INDUSTRIAL: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • FIGURE 31 ASIA PACIFIC TO RECORD FASTEST GROWTH DURING FORECAST PERIOD FOR COMMERCIAL & INDUSTRIAL SEGMENT
    • TABLE 14 COMMERCIAL & INDUSTRIAL: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
  • 8.3 REMOTE AREAS
    • 8.3.1 SURGE IN DEPLOYMENT OF MICROGRIDS IN REMOTE AREAS DUE TO UNAVAILABILITY OF MAIN UTILITY GRID SYSTEMS
    • TABLE 15 REMOTE AREAS: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • FIGURE 32 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD FOR REMOTE AREAS SEGMENT
    • TABLE 16 REMOTE AREAS: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
  • 8.4 MILITARY
    • 8.4.1 WIDE USE OF MICROGRIDS FOR ENERGY SECURITY AND RESILIENCY
    • TABLE 17 MILITARY: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • FIGURE 33 MILITARY SEGMENT IN AMERICAS TO ACCOUNT FOR LARGEST SHARE IN 2022
    • TABLE 18 MILITARY: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
  • 8.5 GOVERNMENT
    • 8.5.1 DECLINE IN ELECTRICITY PRICES FROM RENEWABLE ENERGY SOURCES
    • TABLE 19 GOVERNMENT: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • TABLE 20 GOVERNMENT: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
  • 8.6 UTILITIES
    • 8.6.1 MICROGRIDS PROVIDE UTILITIES WITH LESS EXPENSIVE ALTERNATIVE
    • TABLE 21 UTILITIES: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • FIGURE 34 UTILITIES SEGMENT IN AMERICAS TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
    • TABLE 22 UTILITIES: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
  • 8.7 INSTITUTES & CAMPUSES
    • 8.7.1 INCREASED ADOPTION OF MICROGRIDS TO ENSURE UNINTERRUPTED POWER SUPPLY
    • TABLE 23 INSTITUTES & CAMPUSES: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • TABLE 24 INSTITUTES & CAMPUSES: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
  • 8.8 HEALTHCARE
    • 8.8.1 HOSPITALS ADOPTING MICROGRIDS TO BOOST RESILIENCE AGAINST GRID INSTABILITY
    • TABLE 25 HEALTHCARE: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • TABLE 26 HEALTHCARE: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)

9 MICROGRID CONTROLLER MARKET, BY REGION

  • 9.1 INTRODUCTION
    • FIGURE 35 INDIA TO EXPERIENCE HIGHEST CAGR DURING FORECAST PERIOD
    • FIGURE 36 AMERICAS ACCOUNTED FOR LARGEST SHARE OF MICROGRID CONTROLLER MARKET IN 2022
    • TABLE 27 MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • TABLE 28 MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
    • TABLE 29 MICROGRID INSTALLED CAPACITY, BY REGION, 2018-2021 (MW)
    • TABLE 30 MICROGRID INSTALLED CAPACITY, BY REGION, 2022-2027 (MW)
  • 9.2 AMERICAS
    • FIGURE 37 AMERICAS: MICROGRID CONTROLLER MARKET SNAPSHOT
    • TABLE 31 AMERICAS: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • TABLE 32 AMERICAS: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
    • TABLE 33 AMERICAS: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 34 AMERICAS: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 35 AMERICAS: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 36 AMERICAS: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • TABLE 37 AMERICAS: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • TABLE 38 AMERICAS: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
    • 9.2.1 NORTH AMERICA
    • TABLE 39 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2018-2021 (USD MILLION)
    • TABLE 40 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2022-2027 (USD MILLION)
    • TABLE 41 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 42 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 43 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 44 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • TABLE 45 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • TABLE 46 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
      • 9.2.1.1 US
        • 9.2.1.1.1 Presence of key players and rising use of renewable energy sources
    • TABLE 47 MICROGRID PROJECTS IN US FROM 2018 TO 2020
    • TABLE 48 US: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 49 US: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 50 US: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 51 US: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
      • 9.2.1.2 Rest of North America
    • TABLE 52 REST OF NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 53 REST OF NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 54 REST OF NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 55 REST OF NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.2.2 SOUTH AMERICA
    • TABLE 56 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2018-2021 (USD MILLION)
    • TABLE 57 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2022-2027 (USD MILLION)
    • TABLE 58 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 59 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 60 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 61 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • TABLE 62 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • TABLE 63 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
      • 9.2.2.1 Brazil
        • 9.2.2.1.1 Brazil held largest size of microgrid controller market in South America in 2021
      • 9.2.2.2 Rest of South America
  • 9.3 EUROPE
    • FIGURE 38 EUROPE: MICROGRID CONTROLLER MARKET SNAPSHOT
    • TABLE 64 EUROPE: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2018-2021 (USD MILLION)
    • TABLE 65 EUROPE: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2022-2027 (USD MILLION)
    • TABLE 66 EUROPE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 67 EUROPE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 68 EUROPE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 69 EUROPE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • TABLE 70 EUROPE: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • TABLE 71 EUROPE: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
    • TABLE 72 MICROGRID PROJECTS IN EUROPE FROM 2018 TO 2021
    • 9.3.1 GERMANY
      • 9.3.1.1 Surging adoption of microgrids due to government initiatives
    • TABLE 73 GERMANY: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 74 GERMANY: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 75 GERMANY: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 76 GERMANY: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.3.2 FRANCE
      • 9.3.2.1 Increasing government investments to promote adoption of microgrids
    • TABLE 77 FRANCE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 78 FRANCE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 79 FRANCE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 80 FRANCE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.3.3 UK
      • 9.3.3.1 Rising use of microgrids to reduce waste heat generated by traditional systems
    • TABLE 81 UK: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 82 UK: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 83 UK: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 84 UK: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.3.4 REST OF EUROPE
    • TABLE 85 REST OF EUROPE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 86 REST OF EUROPE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 87 REST OF EUROPE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 88 REST OF EUROPE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
  • 9.4 ASIA PACIFIC
    • FIGURE 39 ASIA PACIFIC: MICROGRID CONTROLLER MARKET SNAPSHOT
    • TABLE 89 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2018-2021 (USD MILLION)
    • TABLE 90 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2022-2027 (USD MILLION)
    • TABLE 91 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 92 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 93 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 94 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • TABLE 95 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • TABLE 96 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
    • 9.4.1 CHINA
      • 9.4.1.1 Increasing government initiatives to promote use of clean energy
    • TABLE 97 CHINA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 98 CHINA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 99 CHINA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 100 CHINA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.4.2 JAPAN
      • 9.4.2.1 Growing need for reliable power supply
    • TABLE 101 JAPAN: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 102 JAPAN: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 103 JAPAN: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 104 JAPAN: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.4.3 AUSTRALIA
      • 9.4.3.1 Rising shift to microgrids due to surging prices of traditional grid electricity
    • TABLE 105 AUSTRALIA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 106 AUSTRALIA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 107 AUSTRALIA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 108 AUSTRALIA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.4.4 INDIA
      • 9.4.4.1 India expected to adopt microgrids at higher rate due to various government initiatives
    • TABLE 109 INDIA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 110 INDIA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 111 INDIA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 112 INDIA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.4.5 REST OF ASIA PACIFIC
    • TABLE 113 REST OF ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 114 REST OF ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 115 REST OF ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 116 REST OF ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
  • 9.5 ROW
    • TABLE 117 ROW: MICROGRID CONTROLLER MARKET, BY REGION, 2018-2021 (USD MILLION)
    • TABLE 118 ROW: MICROGRID CONTROLLER MARKET, BY REGION, 2022-2027 (USD MILLION)
    • TABLE 119 ROW: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 120 ROW: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 121 ROW: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 122 ROW: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • TABLE 123 ROW: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2018-2021 (USD MILLION)
    • TABLE 124 ROW: MICROGRID CONTROLLER MARKET, BY END-USE APPLICATION, 2022-2027 (USD MILLION)
    • 9.5.1 MIDDLE EAST
      • 9.5.1.1 Growth of healthcare sector and rising demand for reliable power supply
    • TABLE 125 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 126 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 127 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 128 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)
    • 9.5.2 AFRICA
      • 9.5.2.1 Surging number of microgrid projects due to various government initiatives
    • TABLE 129 AFRICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2018-2021 (USD MILLION)
    • TABLE 130 AFRICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2022-2027 (USD MILLION)
    • TABLE 131 AFRICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2018-2021 (USD MILLION)
    • TABLE 132 AFRICA: MICROGRID CONTROLLER MARKET, BY OFFERING, 2022-2027 (USD MILLION)

10 COMPETITIVE LANDSCAPE

  • 10.1 INTRODUCTION
  • 10.2 STRATEGIES ADOPTED BY KEY PLAYERS/RIGHT TO WIN
    • TABLE 133 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN MICROGRID CONTROLLER MARKET
  • 10.3 MARKET RANKING ANALYSIS, 2021
    • FIGURE 40 RANKING OF KEY PLAYERS IN MICROGRID CONTROLLER MARKET, 2021
  • 10.4 KEY COMPANY EVALUATION QUADRANT, 2021
    • FIGURE 41 MICROGRID CONTROLLER MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2021
    • 10.4.1 STARS
    • 10.4.2 EMERGING LEADERS
    • 10.4.3 PERVASIVE COMPANIES
    • 10.4.4 PARTICIPANTS
  • 10.5 RECENT DEVELOPMENTS
    • 10.5.1 PRODUCT LAUNCHES
    • TABLE 134 PRODUCT LAUNCHES, 2018-2022
    • 10.5.2 PARTNERSHIPS/COLLABORATIONS/AGREEMENTS
    • TABLE 135 PARTNERSHIPS/COLLABORATIONS/AGREEMENTS, 2018-2022
    • 10.5.3 OTHERS
    • TABLE 136 OTHERS, 2018-2022

11 COMPANY PROFILES

  • (Business Overview, Products/Services/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))**
  • 11.1 KEY PLAYERS
    • 11.1.1 SCHNEIDER ELECTRIC
    • TABLE 137 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 42 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
    • TABLE 138 SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 139 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
    • TABLE 140 SCHNEIDER ELECTRIC: DEALS
    • TABLE 141 SCHNEIDER ELECTRIC: OTHERS
    • 11.1.2 GENERAL ELECTRIC
    • TABLE 142 GENERAL ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 43 GENERAL ELECTRIC: COMPANY SNAPSHOT
    • TABLE 143 GENERAL ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 144 GENERAL ELECTRIC: PRODUCT LAUNCHES
    • TABLE 145 GENERAL ELECTRIC: DEALS
    • TABLE 146 GENERAL ELECTRIC: OTHERS
    • 11.1.3 ABB
    • TABLE 147 ABB: BUSINESS OVERVIEW
    • FIGURE 44 ABB: COMPANY SNAPSHOT
    • TABLE 148 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 149 ABB: PRODUCT LAUNCHES
    • TABLE 150 ABB: DEALS
    • 11.1.4 SIEMENS
    • TABLE 151 SIEMENS: BUSINESS OVERVIEW
    • FIGURE 45 SIEMENS: COMPANY SNAPSHOT
    • TABLE 152 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 153 SIEMENS: PRODUCT LAUNCHES
    • TABLE 154 SIEMENS: DEALS
    • 11.1.5 EATON CORPORATION
    • TABLE 155 EATON CORPORATION: BUSINESS OVERVIEW
    • FIGURE 46 EATON CORPORATION: COMPANY SNAPSHOT
    • TABLE 156 EATON CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 157 EATON CORPORATION: PRODUCT LAUNCHES
    • TABLE 158 EATON CORPORATION: DEALS
    • TABLE 159 EATON CORPORATION: OTHERS
    • 11.1.6 SCHWEITZER ENGINEERING LABORATORIES
    • TABLE 160 SCHWEITZER ENGINEERING LABORATORIES: BUSINESS OVERVIEW
    • TABLE 161 SCHWEITZER ENGINEERING LABORATORIES: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 162 SCHWEITZER ENGINEERING LABORATORIES: PRODUCT LAUNCHES
    • TABLE 163 SCHWEITZER ENGINEERING LABORATORIES: OTHERS
    • 11.1.7 HONEYWELL INTERNATIONAL INC.
    • TABLE 164 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
    • FIGURE 47 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
    • TABLE 165 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 166 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
    • TABLE 167 HONEYWELL INTERNATIONAL INC.: DEALS
    • 11.1.8 CATERPILLAR INC.
    • TABLE 168 CATERPILLAR INC.: BUSINESS OVERVIEW
    • FIGURE 48 CATERPILLAR INC.: COMPANY SNAPSHOT
    • TABLE 169 CATERPILLAR INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 11.1.9 S&C ELECTRIC COMPANY
    • TABLE 170 S&C ELECTRIC COMPANY: BUSINESS OVERVIEW
    • TABLE 171 S&C ELECTRIC COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 172 S&C ELECTRIC COMPANY: PRODUCT LAUNCHES
    • TABLE 173 S&C ELECTRIC COMPANY: DEALS
    • TABLE 174 S&C ELECTRIC COMPANY: OTHERS
    • 11.1.10 POWER ANALYTICS CORPORATION
    • TABLE 175 POWER ANALYTICS CORPORATION: BUSINESS OVERVIEW
    • TABLE 176 POWER ANALYTICS CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 177 POWER ANALYTICS CORPORATION: PRODUCT LAUNCHES
    • TABLE 178 POWER ANALYTICS CORPORATION: DEALS
  • *Details on Business Overview, Products/Services/Solutions Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
  • 11.2 OTHER PLAYERS
    • 11.2.1 CUMMINS INC.
    • 11.2.2 TESLA ENERGY (SUBSIDIARY OF TESLA)
    • 11.2.3 EMERSON ELECTRIC CO.
    • 11.2.4 PRINCETON POWER SYSTEMS
    • 11.2.5 SPIRAE LLC
    • 11.2.6 HOMER ENERGY
    • 11.2.7 HITACHI ENERGY
    • 11.2.8 PARETO ENERGY
    • 11.2.9 OPUS ONE SOLUTIONS
    • 11.2.10 ENCORP
    • 11.2.11 QINOUS
    • 11.2.12 POWERHIVE
    • 11.2.13 ADVANCED MICROGRID SOLUTIONS
    • 11.2.14 GO ELECTRIC
    • 11.2.15 GREEN ENERGY CORP

12 APPENDIX

  • 12.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 12.2 DISCUSSION GUIDE
  • 12.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 12.4 CUSTOMIZATION OPTIONS
  • 12.5 RELATED REPORTS
  • 12.6 AUTHOR DETAILS
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