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The Global Microgrid Control System market is expected to reach $5.33 billion by 2026 growing at a CAGR of 14% during 2018 to 2026. Microgrid control system is a device that enables the establishment of a microgrid by controlling distributed energy resources and loads in a predetermined electrical system to maintain acceptable frequency and voltage. Factors such as growing adoption of renewable energy sources, rising advancement in IoT and Continuous improvements in control and energy management are boosting the market growth. However, high costs of installation and maintenance may hamper the market growth. By Type, Off-Grid segment acquired considerable growth during forecast period. Off-Grid systems are mainly used to provide diverse power sources for remote or rural and developing countries. Off-grid networks are energy self-sufficient and provide power security during electricity failure. Some of the key players profiled in the Microgrid Control System are Hitachi, Ltd, Honeywell International, Inc., Siemens AG, General Electric Corporation, ABB Group, Eaton Corporation, Schweitzer Engineering Laboratories (Sel), Woodward, Inc., Princeton Power Systems , Exelon Corporation, Emerson, Schneider Electric, Pareto Energy, Ltd., Northern Power Systems Corporation and Spirae. Components Covered: • Software • Switch Gear • Hardware • Generation & Transmission • Controls Types Covered: • Off-Grid • Hybrid • On Grid Ownerships Covered: • Public • Private End Users Covered: • Defense • Cities & Municipalities • Utilities • Commercial & Industrial • Campuses & Institutions • Industrial • Other End Users Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
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 Control System Market, By Component
5.1 Introduction
5.2 Software
5.3 Switch Gear
5.4 Hardware
5.5 Generation & Transmission
5.6 Controls
6 Global Microgrid Control System Market, By Type
6.1 Introduction
6.2 Off-Grid
6.3 Hybrid
6.4 On-Grid
7 Global Microgrid Control System Market, By Ownership
7.1 Introduction
7.2 Public
7.3 Private
8 Global Microgrid Control System Market, By End User
8.1 Introduction
8.2 Defense
8.3 Cities & Municipalities
8.4 Utilities
8.5 Commercial & Industrial
8.6 Campuses & Institutions
8.7 Industrial
8.8 Other End Users
9 Global Microgrid Control System Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Strategic Benchmarking
11 Vendors Landscape
11.1 Hitachi, Ltd
11.2 Honeywell International, Inc.
11.3 Siemens AG
11.4 General Electric Corporation
11.5 ABB Group
11.6 Eaton Corporation
11.7 Schweitzer Engineering Laboratories (Sel)
11.8 Woodward, Inc.
11.9 Princeton Power Systems
11.10 Exelon Corporation
11.11 Emerson
11.12 Schneider Electric
11.13 Pareto Energy, Ltd.
11.14 Northern Power Systems Corporation
11.15 Spirae
List of Data Tables
1 Global Microgrid Control System Market Outlook, By Region (2016-2026) ($MN)
2 Global Microgrid Control System Market Outlook, By Component (2016-2026) ($MN)
3 Global Microgrid Control System Market Outlook, By Software (2016-2026) ($MN)
4 Global Microgrid Control System Market Outlook, By Switch Gear (2016-2026) ($MN)
5 Global Microgrid Control System Market Outlook, By Hardware (2016-2026) ($MN)
6 Global Microgrid Control System Market Outlook, By Generation & Transmission (2016-2026) ($MN)
7 Global Microgrid Control System Market Outlook, By Controls (2016-2026) ($MN)
8 Global Microgrid Control System Market Outlook, By Type (2016-2026) ($MN)
9 Global Microgrid Control System Market Outlook, By Off-Grid (2016-2026) ($MN)
10 Global Microgrid Control System Market Outlook, By Hybrid (2016-2026) ($MN)
11 Global Microgrid Control System Market Outlook, By On-Grid (2016-2026) ($MN)
12 Global Microgrid Control System Market Outlook, By Ownership (2016-2026) ($MN)
13 Global Microgrid Control System Market Outlook, By Public (2016-2026) ($MN)
14 Global Microgrid Control System Market Outlook, By Private (2016-2026) ($MN)
15 Global Microgrid Control System Market Outlook, By End User (2016-2026) ($MN)
16 Global Microgrid Control System Market Outlook, By Defense (2016-2026) ($MN)
17 Global Microgrid Control System Market Outlook, By Cities & Municipalities (2016-2026) ($MN)
18 Global Microgrid Control System Market Outlook, By Utilities (2016-2026) ($MN)
19 Global Microgrid Control System Market Outlook, By Commercial & Industrial (2016-2026) ($MN)
20 Global Microgrid Control System Market Outlook, By Campuses & Institutions (2016-2026) ($MN)
21 Global Microgrid Control System Market Outlook, By Industrial (2016-2026) ($MN)
22 Global Microgrid Control System Market Outlook, By Other End Users (2016-2026) ($MN)
23 North America Microgrid Control System Market Outlook, By Component (2016-2026) ($MN)
24 North America Microgrid Control System Market Outlook, By Type (2016-2026) ($MN)
25 North America Microgrid Control System Market Outlook, By Ownership (2016-2026) ($MN)
26 North America Microgrid Control System Market Outlook, By End User (2016-2026) ($MN)
27 Europe Microgrid Control System Market Outlook, By Component (2016-2026) ($MN)
28 Europe Microgrid Control System Market Outlook, By Type (2016-2026) ($MN)
29 Europe Microgrid Control System Market Outlook, By Ownership (2016-2026) ($MN)
30 Europe Microgrid Control System Market Outlook, By End User (2016-2026) ($MN)
31 Asia Pacific Microgrid Control System Market Outlook, By Component (2016-2026) ($MN)
32 Asia Pacific Microgrid Control System Market Outlook, By Type (2016-2026) ($MN)
33 Asia Pacific Microgrid Control System Market Outlook, By Ownership (2016-2026) ($MN)
34 Asia Pacific Microgrid Control System Market Outlook, By End User (2016-2026) ($MN)
35 South America Microgrid Control System Market Outlook, By Component (2016-2026) ($MN)
36 South America Microgrid Control System Market Outlook, By Type (2016-2026) ($MN)
37 South America Microgrid Control System Market Outlook, By Ownership (2016-2026) ($MN)
38 South America Microgrid Control System Market Outlook, By End User (2016-2026) ($MN)
39 Middle East & Africa Microgrid Control System Market Outlook, By Component (2016-2026) ($MN)
40 Middle East & Africa Microgrid Control System Market Outlook, By Type (2016-2026) ($MN)
41 Middle East & Africa Microgrid Control System Market Outlook, By Ownership (2016-2026) ($MN)
42 Middle East & Africa Microgrid Control System Market Outlook, By End User (2016-2026) ($MN)