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Microgrid Controller Market

Microgrid Controller Market

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Microgrid Controller Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented By Category (Hardware, Software, Services); By Connectivity (Below 8 kW, 8 to 15 kW, Above 15 Kw); By Application (Educational Institutes, Power Utilities, Remote Areas, Government, Defense, Healthcare); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Published Date: November 2022
  • Report ID: BWC22548
  • Available Format: PDF
  • Page: 220

Report Overview

An increasing focus on reducing carbon footprints; rising demand for reliable, continuous power supply; enhanced microgrid efficiency, and energy assets optimization are projected to propel the expansion of Global Microgrid Controller Market at an impressive growth rate during forecast period 2022 and 2028.

Global Microgrid Controller Market - Industry Trends & Forecast Report, 2028

 

Global Microgrid Controller Market size was worth USD 4.63 billion in 2021. During the forecast period 2022-2028, global microgrid controller market is expected to expand at a CAGR of 19.7% reaching a value of USD 16.38 billion by 2028. Major growth factors of global microgrid controller market include increasing adoption of microgrid infrastructure in military and defense sectors, growing awareness about renewable resources, increasing emphasis on enhancing microgrid performance and high adoption of microgrid controllers for energy optimization. Government investments to fulfill the rising demands for increased performance along with active initiatives for developing smart cities are expected to drive the overall market growth. Growing environmental awareness and initiatives to limit greenhouse gas emissions have increased the demand for improving energy efficient conservation systems coupled with surging demand for uninterrupted power supply in rural areas is expected to further boost the expansion of global microgrid controller market during period in analysis.

Global Microgrid Controller Market

Global Microgrid Controller Market – Overview

Microgrid Control System (MCS) enables distribution grid operators to incorporate and manage energy resources to decrease a local distribution grid's overall energy cost. It is a miniature of the larger energy network but at a distributed level. MCS assures a consistent electricity supply without the risk of a blackout. It distributes the load and assists in maintaining the main grid. The integration of various DERs (Distributed Energy Resources) into the power grid accelerated the development of microgrids, and as a result, the system has experienced a wave of technology advancements after the massive deployment of distributed energy resources into power systems.

Global Microgrid Controller Market

Growth Drivers

Growing demand for continuous power supply from reliable source

Massive, remote power plants utilize fossil fuels and are linked to centralized power systems provide electricity that is distributed across multiple locations, regions, and countries. However, it has become increasingly evident that these power facilities are plagued by inefficient power transmission. Natural disasters, which often create network difficulties or blackouts, make conventional grids vulnerable. For example, Typhoon Haiyan in the Philippines and Hurricane Sandy in the United States both caused widespread disruptions in major areas, such as New York City and the Leyte Islands. This, in turn, spurs the demand for the grid that can continuously supply electricity from reliable sources, including sustainable green energy sources, such as solar, wind, and biomass.

Restraints

Continuous updates on international standards, laws, and regulations

Microgrid technology is still in its nascent stage, making it too volatile and unpredictable for regulatory frameworks. For instance, regulations and norms for connecting microgrids into the broader grid are currently being defined. The present framework structure limits the acceptance of microgrids. According to IEEE Standard 1547, grid-connected power inverters should be closed when they identify grid faults. Thereby, hampering the overall market growth.

Impact of COVID -19 on Global Microgrid Controller Market

Covid-19 had a detrimental effect on microgrid controller market due to stringent lockdown imposition, travel restriction and closure of manufacturing and production activities. In addition, these factors have limited employment and economic expansion possibilities in the business. The need for microgrids and associated operating systems decreased dramatically during the pandemic due to a drop in demand for electricity, notably for industrial operations. However, with increased investment in renewable energy and distributed energy systems, microgrid controllers will be in high demand. This, in turn, is projected to drive global microgrid controller market at a significant growth rate in the coming years.

Global Microgrid Controller Market

Segmental Coverage

Global Microgrid Controller Market – By Category

On basis of category, global microgrid controller market is divided into Hardware, Software, and Services. The hardware segment is expected to hold the highest market share. The increasing adoption of hardware category by large power plants such as oil and gas sector, chemical and mining sector is expected to boost the hardware segment expansion.

Microgrid Controller Market Share

 

Global Microgrid Controller Market – By Connectivity

Based on connectivity, global microgrid controller market is divided into Below 8 kW, 8 to 15 kW, and Above 15 kW segments.

Global Microgrid Controller Market – By Application

On basis of application, global microgrid controller market is segmented as Educational Institutes, Power Utilities, Remote Areas, Government, Defense, and Healthcare. The defense segment held the highest market share due to power security is a vital factor for international military operations. In addition, microgrids also increase physical security and cyber security, two significant military concerns.

 

Global Microgrid Controller Market – By Region

Geographically, global microgrid controller market has five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Asia-Pacific region is expected to hold the highest market share due to surging demand for electricity is growing faster than the capacity of existing electrical networks. The development of traditional energy grids, major investment in electrification projects, and optimization and upgrading of existing electrical networks are predicted to propel the Asia-Pacific market growth. In addition, growing rural electrification programs in developing countries, such as Bangladesh and India, have aided the expansion of the region's microgrid controller industry. North America is expected to be the second largest region due to governments’ supportive regulatory system and the wide presence of major firms in the region.

Competitive Landscape

Major players operating in global microgrid controller market include ABB, Caterpillar Inc, Eaton Corporation, Emerson, General Electric, Honeywell International, Siemens, Schweitzer Engineering Laboratories, Advanced MicroGrid Solutions, Inc., S&C Electric, and Hitachi Energy Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In April 2022 – Schneider Electric released the EcoStruxure Energy Hub as a self-service Internet of Things SaaS solution for controlling digitalized electrical and energy infrastructure.

  • In March 2022 – SEL produced two additional field-upgradable cards and made a number of modifications to its SEL-751 Feeder Protection Relay broadening the product spectrum.

  • In February 2022 - Siemens announced its plans to construct a self-sufficient microgrid in Tampere, Finland. The microgrid will be composed of 15,000 solar panels, with a total production of 3,600 mWh. Siemens' SICAM microgrid controller will be used for the project.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2018–2021

Base Year – 2021

Estimated Year – 2022

Forecast Period– 2022–2028

Facts Covered

Revenue in USD Billion

Market Coverage

North America (US, Canada), Europe (Germany, UK, France, Italy, Spain, The Netherlands, Belgium, NORDIC Countries, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina, Peru, Colombia, Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Qatar, Kuwait, Iran, South Africa, Nigeria, Kenya, Egypt, Morocco, Algeria, Rest of Middle East & Africa)

Product/ Service Segmentation

Category, Connectivity, Application, Region

Key Players

ABB, Caterpillar Inc, Eaton Corporation, Emerson, General Electric, Honeywell International, Siemens, Schweitzer Engineering Laboratories, Advanced MicroGrid Solutions, Inc., S&C Electric, Hitachi Energy Ltd.

 

By Category

  • Hardware

  • Software

  • Services

By Connectivity

  • Below 8 kW

  • 8 to 15 kW

  • Above 15 kW

By Application

  • Educational Institutes

  • Power Utilities

  • Remote Areas

  • Government

  • Defense

  • Healthcare

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Global Microgrid Controller Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing demand for power generation in the absence of carbon footprint
        2. Others
      2. Restraints
        1. Lack of proper awareness pertaining to microgrid controller
        2. Others
      3. Opportunity
        1. Upgrading the Ageing Grid Infrastructure
        2. Others
      4. Challenges
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Global Microgrid Controller Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Category
        1. Hardware
        2. Software
        3. Services
      2. By Connectivity
        1. Below 8 KW
        2. 8 to 15 KW
        3. Above 15 KW
      3. By Application
        1. Educational Institutes
        2. Power Utilities
        3. Remote Areas
        4. Government
        5. Defense
        6. Healthcare
        7. Others
      4. By Region
        1. North America
        2. Europe
        3. Asia Pacific
        4. Latin America
        5. Middle East and Africa
  5. North America Microgrid Controller Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Category
      2. By Connectivity
      3. By Application
      4. By Country
        1. United States
          1. By Category
          2. By Connectivity
          3. By Application
        2. Canada
          1. By Category
          2. By Connectivity
          3. By Application
  6. Europe Microgrid Controller Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Category
      2. By Connectivity
      3. By Application
      4. By Country
        1. Germany
          1. By Category
          2. By Connectivity
          3. By Application
        2. United Kingdom
          1. By Category
          2. By Connectivity
          3. By Application
        3. Italy
          1. By Category
          2. By Connectivity
          3. By Application
        4. France
          1. By Category
          2. By Connectivity
          3. By Application
        5. Spain
          1. By Category
          2. By Connectivity
          3. By Application
        6. The Netherlands
          1. By Category
          2. By Connectivity
          3. By Application
        7. Belgium
          1. By Category
          2. By Connectivity
          3. By Application
        8. NORDIC Countries
          1. By Category
          2. By Connectivity
          3. By Application
        9. Rest of Europe
          1. By Category
          2. By Connectivity
          3. By Application
  7. Asia Pacific Microgrid Controller Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Category
      2. By Connectivity
      3. By Application
      4. By Country
        1. China
          1. By Category
          2. By Connectivity
          3. By Application
        2. India
          1. By Category
          2. By Connectivity
          3. By Application
        3. Japan
          1. By Category
          2. By Connectivity
          3. By Application
        4. South Korea
          1. By Category
          2. By Connectivity
          3. By Application
        5. Australia & New Zealand
          1. By Category
          2. By Connectivity
          3. By Application
        6. Indonesia
          1. By Category
          2. By Connectivity
          3. By Application
        7. Malaysia
          1. By Category
          2. By Connectivity
          3. By Application
        8. Singapore
          1. By Category
          2. By Connectivity
          3. By Application
        9. Philippines
          1. By Category
          2. By Connectivity
          3. By Application
        10. Vietnam
          1. By Category
          2. By Connectivity
          3. By Application
        11. Rest of Asia Pacific
          1. By Category
          2. By Connectivity
          3. By Application
  8. Latin America Microgrid Controller Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Category
      2. By Connectivity
      3. By Application
      4. By Country
        1. Brazil
          1. By Category
          2. By Connectivity
          3. By Application
        2. Mexico
          1. By Category
          2. By Connectivity
          3. By Application
        3. Argentina
          1. By Category
          2. By Connectivity
          3. By Application
        4. Peru
          1. By Category
          2. By Connectivity
          3. By Application
        5. Colombia
          1. By Category
          2. By Connectivity
          3. By Application
        6. Rest of Latin America
          1. By Category
          2. By Connectivity
          3. By Application
  9.  Middle East & Africa Microgrid Controller Market
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Category
      2. By Connectivity
      3. By Application
      4. By Country
        1. Saudi Arabia
          1. By Category
          2. By Connectivity
          3. By Application
        2. UAE
          1. By Category
          2. By Connectivity
          3. By Application
        3. Qatar
          1. By Category
          2. By Connectivity
          3. By Application
        4. Kuwait
          1. By Category
          2. By Connectivity
          3. By Application
        5. Iran
          1. By Category
          2. By Connectivity
          3. By Application
        6. South Africa
          1. By Category
          2. By Connectivity
          3. By Application
        7. Nigeria
          1. By Category
          2. By Connectivity
          3. By Application
        8. Kenya
          1. By Category
          2. By Connectivity
          3. By Application
        9. Egypt
          1. By Category
          2. By Connectivity
          3. By Application
        10. Morocco
          1. By Category
          2. By Connectivity
          3. By Application
        11. Algeria
          1. By Category
          2. By Connectivity
          3. By Application
        12. Rest of Middle East & Africa
          1. By Category
          2. By Connectivity
          3. By Application
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Global Microgrid Controller Company Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
  11. Impact of Covid-19 on Global Microgrid Controller Market
  12. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
    1. ABB
    2. Caterpillar Inc
    3. Eaton Corporation
    4. Emerson
    5. General Electric
    6. Honeywell International
    7. Siemens
    8. Schweitzer Engineering Laboratories
    9. Advanced MicroGrid Solutions, Inc.
    10. S&C Electric
    11. Hitachi Energy Ltd.
    12. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

List of Figures

Figure 1      Global Microgrid Controller Market Segmentation

Figure 2      Global Microgrid Controller Market Value Chain Analysis

Figure 3      Company Market Share Analysis, 2021

Figure 4      Global Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 5      Global Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 7      Global Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 8      Global Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 9      Global Microgrid Controller Market Share, By Region, By Value, 2018-2028

Figure 10    North America Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 11    North America Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 13    North America Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 14    North America Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 15    North America Microgrid Controller Market Share, By Country, By Value, 2018-2028

Figure 16    United States Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 18    United States Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 19    United States Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 20    United States Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 21    Canada Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 23    Canada Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 24    Canada Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 25    Canada Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 26    Europe Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 27    Europe Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 29    Europe Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 30    Europe Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 31    Europe Microgrid Controller Market Share, By Country, By Value, 2018-2028

Figure 32    Germany Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 34    Germany Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 35    Germany Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 36    Germany Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 37    United Kingdom Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 39    United Kingdom Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 40    United Kingdom Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 41    United Kingdom Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 42    Italy Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 44    Italy Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 45    Italy Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 46    Italy Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 47    France Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 49    France Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 50    France Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 51    France Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 52    Spain Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 54    Spain Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 55    Spain Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 56    Spain Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 57    The Netherlands Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 59    The Netherlands Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 60    The Netherlands Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 61    The Netherlands Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 62    Belgium Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 64    Belgium Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 65    Belgium Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 66    Belgium Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 67    NORDIC Countries Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 69    NORDIC Countries Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 70    NORDIC Countries Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 71    NORDIC Countries Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 72    Rest of Europe Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 74    Rest of Europe Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 75    Rest of Europe Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 76    Rest of Europe Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 77    Asia Pacific Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 78    Asia Pacific Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 80    Asia Pacific Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 81    Asia Pacific Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 82    Asia Pacific Microgrid Controller Market Share, By Country, By Value, 2018-2028

Figure 83    China Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 85    China Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 86    China Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 87    China Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 88    India Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 90    India Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 91    India Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 92    India Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 93    Japan Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 95    Japan Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 96    Japan Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 97    Japan Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 98    South Korea Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 100   South Korea Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 101   South Korea Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 102   South Korea Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 103   Australia & New Zealand Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 105   Australia & New Zealand Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 106   Australia & New Zealand Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 107   Australia & New Zealand Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 108   Indonesia Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 110   Indonesia Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 111   Indonesia Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 112   Indonesia Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 113   Malaysia Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 115   Malaysia Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 116   Malaysia Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 117   Malaysia Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 118   Singapore Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 120   Singapore Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 121   Singapore Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 122   Singapore Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 123   Philippines Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 125   Philippines Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 126   Philippines Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 127   Philippines Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 128   Vietnam Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 130   Vietnam Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 131   Vietnam Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 132   Vietnam Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 133   Rest of Asia Pacific Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 135   Rest of Asia Pacific Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 136   Rest of Asia Pacific Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 137   Rest of Asia Pacific Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 138   Latin America Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 139   Latin America Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 141   Latin America Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 142   Latin America Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 143   Latin America Microgrid Controller Market Share, By Country, By Value, 2018-2028

Figure 144   Brazil Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 146   Brazil Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 147   Brazil Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 148   Brazil Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 149   Mexico Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 151   Mexico Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 152   Mexico Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 153   Mexico Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 154   Argentina Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 156   Argentina Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 157   Argentina Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 158   Argentina Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 159   Peru Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 161   Peru Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 162   Peru Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 163   Peru Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 164   Colombia Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 166   Colombia Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 167   Colombia Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 168   Colombia Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 169   Rest of Latin America Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 171   Rest of Latin America Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 172   Rest of Latin America Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 173   Rest of Latin America Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 174   Middle East and Africa Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 175   Middle East and Africa Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 177   Middle East and Africa Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 178   Middle East and Africa Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 179   Middle East and Africa Microgrid Controller Market Share, By Country, By Value, 2018-2028

Figure 180   Saudi Arabia Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 182   Saudi Arabia Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 183   Saudi Arabia Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 184   Saudi Arabia Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 185   UAE Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 187   UAE Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 188   UAE Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 189   UAE Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 190   Qatar Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 192   Qatar Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 193   Qatar Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 194   Qatar Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 195   Kuwait Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 197   Kuwait Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 198   Kuwait Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 199   Kuwait Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 200   Iran Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 202   Iran Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 203   Iran Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 204   Iran Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 205   South Africa Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 207   South Africa Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 208   South Africa Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 209   South Africa Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 210   Nigeria Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 212   Nigeria Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 213   Nigeria Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 214   Nigeria Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 215   Kenya Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 217   Kenya Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 218   Kenya Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 219   Kenya Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 220   Egypt Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 222   Egypt Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 223   Egypt Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 224   Egypt Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 225   Morocco Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 227   Morocco Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 228   Morocco Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 229   Morocco Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 230   Algeria Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 232   Algeria Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 233   Algeria Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 234   Algeria Microgrid Controller Market Share, By Application, By Value, 2018-2028

Figure 235   Rest of Middle East & Africa Microgrid Controller Market Size, By Value (USD Billion), 2018-2028

Figure 236   Rest of Middle East & Africa Microgrid Controller Market Share, By Category, By Value, 2018-2028

Figure 237   Rest of Middle East & Africa Microgrid Controller Market Share, By Connectivity, By Value, 2018-2028

Figure 238   Rest of Middle East & Africa Microgrid Controller Market Share, By Application, By Value, 2018-2028

List of Tables

Table 1        Global Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 2        Global Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 3        Global Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 4        North America Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 5        North America Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 7        North America Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 8        North America Microgrid Controller Market Size, By Country, By Value, 2018-2028

Table 9        United States Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 10       United States Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 11       United States Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 13       Canada Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 14       Canada Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 15       Canada Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 16       Europe Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 18       Europe Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 19       Europe Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 20       Europe Microgrid Controller Market Size, By Country, By Value, 2018-2028

Table 21       Germany Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 23       Germany Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 24       Germany Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 25       United Kingdom Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 26       United Kingdom Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 27       United Kingdom Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 29       Italy Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 30       Italy Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 31       Italy Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 32       France Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 33       France Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 34       France Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 35       Spain Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 36       Spain Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 37       Spain Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 38       The Netherlands Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 39       The Netherlands Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 40       The Netherlands Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 41       Belgium Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 42       Belgium Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 43       Belgium Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 44       NORDIC Countries Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 45       NORDIC Countries Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 46       NORDIC Countries Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 47       Rest of Europe Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 48       Rest of Europe Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 49       Rest of Europe Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 50       Asia Pacific Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 51       Asia Pacific Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 52       Asia Pacific Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 53       Asia Pacific Microgrid Controller Market Size, By Country, By Value, 2018-2028

Table 54       China Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 55       China Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 56       China Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 57       India Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 58       India Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 59       India Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 60       Japan Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 61       Japan Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 62       Japan Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 63       South Korea Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 64       South Korea Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 65       South Korea Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 66       Australia & New Zealand Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 67       Australia & New Zealand Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 68       Australia & New Zealand Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 69       Indonesia Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 70       Indonesia Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 71       Indonesia Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 72       Malaysia Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 73       Malaysia Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 74       Malaysia Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 75       Singapore Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 76       Singapore Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 77       Singapore Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 78       Philippines Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 79       Philippines Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 80       Philippines Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 81       Vietnam Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 82       Vietnam Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 83       Vietnam Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 84       Rest of Asia Pacific Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 85       Rest of Asia Pacific Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 86       Rest of Asia Pacific Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 87       Latin America Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 88       Latin America Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 89       Latin America Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 90       Latin America Microgrid Controller Market Size, By Country, By Value, 2018-2028

Table 91       Brazil Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 92       Brazil Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 93       Brazil Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 94       Mexico Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 95       Mexico Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 96       Mexico Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 97       Argentina Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 98       Argentina Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 99       Argentina Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 100     Peru Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 101     Peru Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 102     Peru Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 103     Colombia Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 104     Colombia Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 105     Colombia Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 106     Rest of Latin America Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 107     Rest of Latin America Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 108     Rest of Latin America Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 109     Middle East and Africa Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 110     Middle East and Africa Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 111     Middle East and Africa Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 112     Middle East and Africa Microgrid Controller Market Size, By Country, By Value, 2018-2028

Table 113     Saudi Arabia Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 114     Saudi Arabia Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 115     Saudi Arabia Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 116     UAE Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 117     UAE Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 118     UAE Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 119     Qatar Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 120     Qatar Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 121     Qatar Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 122     Kuwait Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 123     Kuwait Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 124     Kuwait Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 125     Iran Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 126     Iran Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 127     Iran Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 128     South Africa Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 129     South Africa Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 130     South Africa Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 131     Nigeria Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 132     Nigeria Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 133     Nigeria Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 134     Kenya Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 135     Kenya Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 136     Kenya Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 137     Egypt Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 138     Egypt Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 139     Egypt Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 140     Morocco Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 141     Morocco Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 142     Morocco Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 143     Algeria Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 144     Algeria Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 145     Algeria Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 146     Rest of Middle East & Africa Microgrid Controller Market Size, By Category, By Value, 2018-2028

Table 147     Rest of Middle East & Africa Microgrid Controller Market Size, By Connectivity, By Value, 2018-2028

Table 148     Rest of Middle East & Africa Microgrid Controller Market Size, By Application, By Value, 2018-2028

Table 149     ABB Company Overview

Table 150     ABB Financial Overview

Table 151     Caterpillar Inc Company Overview

Table 152     Caterpillar Inc Financial Overview

Table 153     Eaton Corporation Company Overview

Table 154     Eaton Corporation Financial Overview

Table 155     Emerson Company Overview

Table 156     Emerson Financial Overview

Table 157     General Electric Company Overview

Table 158     General Electric Financial Overview

Table 159     Honeywell International Company Overview

Table 160     Honeywell International Financial Overview

Table 161     Siemens Company Overview

Table 162     Siemens Financial Overview

Table 163     Schweitzer Engineering Laboratories Company Overview

Table 164     Schweitzer Engineering Laboratories Financial Overview

Table 165     Advanced MicroGrid Solutions, Inc. Company Overview

Table 166     Advanced MicroGrid Solutions, Inc. Financial Overview

Table 167     Hitachi Energy Ltd. Company Overview

Table 168     Hitachi Energy Ltd. Financial Overview

Market Segmentation

By Category

  • Hardware

  • Software

  • Services

By Connectivity

  • Below 8 kW

  • 8 to 15 kW

  • Above 15 kW

By Application

  • Educational Institutes

  • Power Utilities

  • Remote Areas

  • Government

  • Defense

  • Healthcare

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East and Africa

No data available

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Frequently Asked Questions (FAQs):

Ans: Global Microgrid Controller Market size was estimated at USD 4.63 billion in 2021.
Ans: Major factors driving the growth of Global Microgrid Controller Market include increasing focus on reducing carbon footprints, rising demand for reliable, continuous power supply, enhanced microgrid efficiency and energy assets optimization.
Ans: Key players in Global Microgrid Controller Market include ABB, Caterpillar Inc, Eaton Corporation, Emerson, General Electric, Honeywell International, Siemens, Schweitzer Engineering Laboratories, Advanced MicroGrid Solutions, Inc., S&C Electric, and Hitachi Energy Ltd.
Ans: The hardware segment is expected to hold the highest market share in Global Microgrid Controller Market by category.