Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Microgrid Controller Market Outlook 2017-2019 & Forecast to 2026 - Market Accounted for $4.67 Billion in 2017 and is Expected to Reach $18.84 Billion by 2026 - ResearchAndMarkets.com

May 14, 2019 GMT

DUBLIN--(BUSINESS WIRE)--May 14, 2019--

The “Microgrid Controller - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

Global Microgrid Controller market 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 fuelling 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.

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

Key Topics Covered:

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

For more information about this report visit https://www.researchandmarkets.com/r/dfgfu3

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514005938/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager


For E.S.T. Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Electricity



SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/14/2019 01:52 PM/DISC: 05/14/2019 01:52 PM