Global Microgrid Controller Market Size study, by Product (Grid Connected and Off Grid/Remote/Islanded), Offering (Hardware, Software and Services) Verticals (Government, Utilities, Commercial, Industrial, Educational Institutes, Military & Defense, Healthcare and Others) and Regional Forecasts 2019-2026

Report Id

114364

Publisher Name

Bizwit Research & Consulting LLP

Published Date

1-Apr-19

No of Pages

200

Market Scenario

Global microgrid controller market is valued approximately USD 5.30 Billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.65 % over the forecast period 2019-2026. Microgrid is an integrated energy system with local distributed energy resources such as generating assets, local loads and possibly energy storage devices. Further, increasing government investments to promote microgrid projects and optimization of energy asset & improved efficiency of microgrids are some key forces, driving the growth of the microgrid controller market over the forecast period of 2019-2026. For instance: as per the Department of Commerce in May 2017, the department of Commerce has finalized grants totaling along with the two Washington state utilities to further innovate and develop the work on electricity “microgrid” projects. Also, Spokane-based private utility Avista and the Snohomish County Public Utility District each were awarded funds $3.5 million from the Washington Clean Energy Fund. Through this funding, Snohomish County Public Utility District (SnoPUD) would build a Clean Energy Technology Center in Arlington. The facility is currently in the design phase, would demonstrate how evolving energy technologies including microgrid system, small-scale renewable energy and energy storage can work together to improve renewable energy integration and can improve grid resiliency. As a result, the adoption and utility of microgrid controllers would increase thereby, contributing towards the growth of the market. However, high cost of microgrid control systems and stringent government standards and policies impedes the growth of the market over the forecast period. The regional analysis of global microgrid controller market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to high adoption rate of microgrids in commercial and industrial sectors. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increased developmental activities regarding grid-connected technology in countries such as India and Singapore are contributing towards the growth of the Asia-Pacific. Leading market player included in this report are: Schneider Electric GE Power ABB Siemens Schweitzer Engineering Laboratories Eaton Lockheed Martin Honeywell Power Analytics S&C Electric The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product: Grid Connected Off Grid/Remote/Islanded By Offering: Hardware Software Services By Vertical: Government Utilities Commercial Industrial Educational Institutes Military & Defense Healthcare Others By Regions: North America U.S. Canada Europe UK Germany ROE Asia Pacific China India Japan ROAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2016, 2017 Base year – 2018 Forecast period – 2019 to 2026 Target Audience of the Global Microgrid Controller Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

Table of Contents

Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Key Trends 1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Million) 1.3.1. Microgrid Controller Market, by Connectivity, 2016-2026 (USD Million) 1.3.2. Microgrid Controller Market, by Offering, 2016-2026 (USD Million) 1.3.3. Microgrid Controller Market, by Vertical, 2016-2026 (USD Million) 1.3.4. Microgrid Controller Market, by Region, 2016-2026 (USD Million) 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Microgrid Controller Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Industry Evolution 2.2.2. Scope of the Study 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Microgrid Controller Market Dynamics 3.1. See Saw Analysis 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Microgrid Controller Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Buyers 4.1.2. Bargaining Power of Suppliers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model 4.2. PEST Analysis 4.2.1. Political Scenario 4.2.2. Economic Scenario 4.2.3. Social Scenario 4.2.4. Technological Scenario 4.3. Key Buying Criteria (On Demand) 4.4. Regulatory Framework (On Demand) 4.5. Investment Vs Adoption Scenario (On Demand) 4.6. Analyst Recommendation & Conclusion Chapter 5. Global Microgrid Controller Market, By Connectivity 5.1. Market Snapshot 5.2. Market Performance - Potential Model 5.3. Microgrid Controller Market, Sub Segment Analysis 5.3.1. Grid Connected 5.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 5.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 5.3.2. Off Grid/Remote/Islanded 5.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 5.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) Chapter 6. Global Microgrid Controller Market, by Offering 6.1. Market Snapshot 6.2. Market Performance - Potential Model 6.3. Microgrid Controller Market, Sub Segment Analysis 6.3.1. Hardware 6.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 6.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 6.3.2. Software 6.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 6.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 6.3.3. Services 6.3.3.1. Market estimates & forecasts, 2016-2026 (USD Million) 6.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) Chapter 7. Global Microgrid Controller Market, by Vertical 7.1. Market Snapshot 7.2. Market Performance - Potential Model 7.3. Microgrid Controller Market, Sub Segment Analysis 7.3.1. Government 7.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.2. Utilities 7.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.3. Commercial 7.3.3.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.4. Industrial 7.3.4.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.4.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.5. Educational Institutes 7.3.5.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.5.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.6. Military & Defense 7.3.6.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.6.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.7. Healthcare 7.3.7.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.7.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) 7.3.8. Others 7.3.8.1. Market estimates & forecasts, 2016-2026 (USD Million) 7.3.8.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Million) Chapter 8. Global Microgrid Controller Market, by Regional Analysis 8.1. Microgrid Controller Market, Regional Market Snapshot (2016-2026 ) 8.2. North America Microgrid Controller Market Snapshot 8.2.1. U.S. 8.2.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.2.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.2.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.2.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.2.2. Canada 8.2.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.2.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.2.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.2.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3. Europe Microgrid Controller Market Snapshot 8.3.1. U.K. 8.3.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.3.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.2. Germany 8.3.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.3.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.3. Rest of Europe 8.3.3.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.3.3.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.3.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.3.3.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4. Asia Microgrid Controller Market Snapshot 8.4.1. China 8.4.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.4.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.2. India 8.4.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.4.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.3. Japan 8.4.3.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.4.3.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.3.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.3.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.4. Rest of Asia Pacific 8.4.4.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.4.4.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.4.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.4.4.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.5. Latin America Microgrid Controller Market Snapshot 8.5.1. Brazil 8.5.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.5.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.5.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.5.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.5.2. Mexico 8.5.2.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.5.2.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.5.2.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.5.2.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) 8.6. Rest of The World 8.6.1. Middle East and Africa 8.6.1.1. Market estimates & forecasts, 2016-2026 (USD Million) 8.6.1.2. Connectivity breakdown estimates & forecasts, 2016-2026 (USD Million) 8.6.1.3. Offering breakdown estimates & forecasts, 2016-2026 (USD Million) 8.6.1.4. Vertical breakdown estimates & forecasts, 2016-2026 (USD Million) Chapter 9. Competitive Intelligence 9.1. Company Market Share (Subject to Data Availability) 9.2. Top Market Strategies 9.3. Company Profiles 9.3.1. Schneider Electric 9.3.1.1. Overview 9.3.1.2. Financial (Subject to Data Availability) 9.3.1.3. Product Summary 9.3.1.4. Recent Developments 9.3.2. GE Power 9.3.3. ABB 9.3.4. Siemens 9.3.5. Schweitzer Engineering Laboratories 9.3.6. Eaton 9.3.7. Lockheed Martin 9.3.8. Honeywell 9.3.9. Power Analytics 9.3.10. S&C Electric Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.1.6. Research Assumption

Methodology

This research report involves complete picture of the market with the help of in-depth secondary and primary research. This research report studies several aspects of the market and analyze vital industry influencers. Extensive secondary research has been conducted using paid as well as open access data sources in order to gather information on the market and parent market. These key findings are then analyzed and validated with the help of in-house data models and primary discussions with key industry participants and experts across the value chain

research-methodology

Research Tools and Models

  • Top-Down Approach and Bottom-Up Approach
  • QFD Modeling for Market Size and Share Calculation
  • Regression, Variable and Impact Analysis
  • Penetration Modeling

Qualitative Research

  • It comprises briefing about market dynamics and business opportunities and strategies.
  • Finally, all the research findings are validated through interviews with in-house industry experts, freelance consultants and key opinion leaders etc.

Quantitative Research

It involves various mathematical tools, models, projection, and sampling techniques. It involves following steps:

  • Identification of market variables and market size derivation
  • Assessment of future prospects, opportunities and market penetration rates by analyzing product commercialization, regional trends etc.
  • Evaluation historical market trends and derivation of present and future year-on-year growth trends

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