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Microgrid Control Systems - Global Strategic Business Report

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    Report

  • 393 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4911774
Description Jump to:
The global market for Microgrid Control Systems is estimated at US$3.5 Billion in 2023 and is projected to reach US$8.6 Billion by 2030, growing at a CAGR of 13.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the microgrid control systems market is driven by several factors, including the increasing adoption of renewable energy sources, the need for enhanced grid resilience, and advancements in energy management technologies. The global shift towards renewable energy has significantly boosted the demand for microgrids, which require sophisticated control systems to manage the variability and intermittency of renewable power. The growing frequency of extreme weather events and grid failures has underscored the importance of resilient power systems, further driving the adoption of microgrids and their control systems. Technological advancements, such as AI-driven predictive analytics and blockchain-based energy management, have also spurred market growth by enhancing the efficiency, reliability, and security of microgrid operations. Additionally, supportive government policies and incentives aimed at promoting renewable energy and grid modernization have provided a significant impetus for the development and deployment of microgrid control systems. The increasing focus on sustainability and the rising demand for decentralized energy solutions are expected to continue driving the expansion of the microgrid control systems market in the coming years.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Off-Grid Microgrid Control Systems segment, which is expected to reach US$5.7 Billion by 2030 with a CAGR of a 14.6%. The On-Grid Microgrid Control Systems segment is also set to grow at 12.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $1.0 Billion in 2023, and China, forecasted to grow at an impressive 16.8% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Microgrid Control Systems Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Microgrid Control Systems Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Microgrid Control Systems Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Hitachi Ltd., Honeywell International, Inc., ABB Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 69 Featured):

  • Hitachi Ltd.
  • Honeywell International, Inc.
  • ABB Ltd.
  • Eaton Corporation PLC
  • Emerson Electric Company
  • Caterpillar, Inc.
  • Cummins, Inc.
  • LG CNS
  • Ameresco, Inc.
  • GE Grid Solutions
  • ETAP
  • Emacx System, Inc.
  • DEIF A/S
  • EMTP
  • MicroGrid, Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Growing Investments in Modernization of Aging Energy Infrastructure Skewed Towards a Low Carbon Future Provides the Cornerstone for Growth in the Market
  • With Governments Forced to Address Power-Quality, Reliability & Sustainability Issues, Rising Investments in Energy Infrastructure to Benefit Demand for Energy Management & Control Systems/Solutions: Global Energy Investments (In US$ Billion) for the Years 2022, 2025, 2027 and 2029
  • Global Economic Outlook
  • Competition
  • Microgrid Control Systems - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Microgrid & Microgrid Control Systems: Definition, Importance & Benefits
  • Recent Market Activity
  • Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Microgrid Controllers, a Vital Piece of Hardware Attracting Increased R&D
  • The Rise of Blockchain Microgrids Pushes Up the Importance, Complexity & Monetary Value of Effective Microgrid Control
  • The Move to Monetize Microgrids Sets Into Motion the Rise of Blockchain Microgrids With Complex Control, Processing & Management Requirements: Global Value of Blockchain Investments in the Energy Industry (In US$ Million) for the Years 2017, 2019, 2022 and 2024
  • Supported by Myriad Benefits Automated Microgrid Control Systems Grow in Popularity
  • IoT Revolutionizes Microgrid Management
  • IoT Disrupts the Distributed Energy Space by Turning Microgrids into Smart Systems Capable of Maximizing Energy Efficiency & Energy Sharing & Trading: Global Value of IoT Investments in the Energy Industry (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
  • Sharp Increase in Cyberattacks Targeting Power Grids Worldwide Highlights the Importance of Microgrid Cybersecurity
  • Continuous Innovations in Microgrid Control Systems Remains Crucial to Market Growth
  • Hardware-in-the-Loop (HIL): A Key Innovation in Micro-Grid Control System
  • AI and Microgrids. Here’s What’s Happening
  • AI and the Microgrid Controller, the New Pair
  • Cloud Based Management of Microgrids Attract Interest in Community Microgrids
  • A Peek Into the Disruptive Rise of Hybrid Microgrid
  • Rising Number of Microgrids Translates Into Increased Opportunities for Control Systems. So What’s Driving the Microgrid Market?
  • Power Outages & Its Impact on Digitalized Enterprises Spurs Establishment of Microgrids
  • Average Number of Power Outages in Firms Per Month, Worldwide by Region: 2021
  • Cost of Load Failures Due to Power Disruptions/Outages in US$ Per Hour by Select Commercial Activity
  • Annual Value Lost Due to Electrical Outages as a Percentage (%) of Sales of Affected Firms
  • Investments in Decentralized Energy (DE) Drives Deployment of Microgrids
  • Growing Value of Distributed Energy Resources (DERs) in Dual Addressal of Environmental & Energy Sustainability Challenges Drives Demand for Microgrids: Global Distributed Generation (DG) Market (In US$ Billion) for Years 2020, 2022 and 2024
  • Smart Cities Drive Focus on Engineering Microgrids to Achieve Slated Energy Goals
  • Focus on Reshaping City Resilience to Future Pandemics & Crisis Will Spur Rejuvenated Spending on Smart City Projects in the Post COVID-19 Period, Providing a Goldmine of Opportunities for Microgrids: Global Smart City Spending (In US$ Billion) for the Years 2021, 2024 & 2027
  • Private Sector Microgrids Set to Proliferate. Here’s Why
  • Chronic Public Sector Underfunding for Infrastructure Development Drives Private Participation & Investments in Distributed Energy Via Private Microgrids: Cumulative Global Infrastructure Spending Gap 2018-2040 (In US$ Billion)
  • U.S. Government Budget Deficits (In US$ Billion)
  • Robust Outlook for Renewable Energy Post Pandemic to Support Mushrooming of Renewable Microgrids
  • Conclusion
  • Microgrids Are the Backbone Infrastructure that Makes Intermittent Renewable Energy More Resilient & Practically Deployable in the Real World Scenario: Global Projected Net Capacity Additions of Renewable Energy (In GW) for the Period 2019 to 2024
  • EVs Create the Need for Microgrids for Fleet Electrification
  • Growing Demand for EVs Brings Good News for Microgrids: Number of EVs On Road Worldwide by Type (In Units) for the Years 2019 and 2022
  • Growing Focus on Disaster Preparedness Drives the Importance of Microgrids
  • COVID-19 Provides a Launchpad for the Rise of Home/Residential Microgrid
  • Microgrid Expansions Get a Boost from Favorable Regulations & Growing Popularity
  • Growing Pressure on the US Army to Fight Climate Change Leads to Increased Installation of Microgrids
  • Robust Defense Spending Opens Opportunities for Increased Investments in Military Energy Independence & Microgrids: World Military Expenditure (In US$ Billion) for Years 2019, 2020 and 2021
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Microgrid Control Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World 7-Year Perspective for Microgrid Control Systems by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Off-Grid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 4: World 7-Year Perspective for Off-Grid by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for On-Grid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World 7-Year Perspective for On-Grid by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 10: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Utilities by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World 7-Year Perspective for Utilities by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Institutes & Campuses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World 7-Year Perspective for Institutes & Campuses by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 15: World Recent Past, Current & Future Analysis for Industrial & Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 16: World 7-Year Perspective for Industrial & Commercial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
  • Table 19: World Microgrid Control Systems Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Table 20: USA Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 21: USA 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 22: USA Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 23: USA 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 24: USA Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 25: USA 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
CANADA
  • Table 26: Canada Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 27: Canada 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 28: Canada Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 29: Canada 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 30: Canada Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 31: Canada 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
JAPAN
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Table 32: Japan Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 33: Japan 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 34: Japan Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 35: Japan 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 36: Japan Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 37: Japan 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
CHINA
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • Table 38: China Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 39: China 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 40: China Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 41: China 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 42: China Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 43: China 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
EUROPE
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Table 44: Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 45: Europe 7-Year Perspective for Microgrid Control Systems by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
  • Table 46: Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 47: Europe 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 48: Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 49: Europe 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 50: Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 51: Europe 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
FRANCE
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
  • Table 52: France Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 53: France 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 54: France Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 55: France 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 56: France Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 57: France 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
GERMANY
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
  • Table 58: Germany Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 59: Germany 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 60: Germany Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 61: Germany 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 62: Germany Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 63: Germany 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
ITALY
  • Table 64: Italy Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 65: Italy 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 66: Italy Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 67: Italy 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 68: Italy Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 69: Italy 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
UNITED KINGDOM
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
  • Table 70: UK Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 71: UK 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 72: UK Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 73: UK 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 74: UK Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 75: UK 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
REST OF EUROPE
  • Table 76: Rest of Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 77: Rest of Europe 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 78: Rest of Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 79: Rest of Europe 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 80: Rest of Europe Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 81: Rest of Europe 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
ASIA-PACIFIC
  • Microgrid Control Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Table 82: Asia-Pacific Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 83: Asia-Pacific 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 84: Asia-Pacific Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 85: Asia-Pacific 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 86: Asia-Pacific Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 87: Asia-Pacific 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
REST OF WORLD
  • Table 88: Rest of World Recent Past, Current & Future Analysis for Microgrid Control Systems by Grid Type - Off-Grid and On-Grid - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 89: Rest of World 7-Year Perspective for Microgrid Control Systems by Grid Type - Percentage Breakdown of Value Revenues for Off-Grid and On-Grid for the Years 2024 & 2030
  • Table 90: Rest of World Recent Past, Current & Future Analysis for Microgrid Control Systems by Component - Hardware and Software - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 91: Rest of World 7-Year Perspective for Microgrid Control Systems by Component - Percentage Breakdown of Value Revenues for Hardware and Software for the Years 2024 & 2030
  • Table 92: Rest of World Recent Past, Current & Future Analysis for Microgrid Control Systems by Application - Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2023 through 2030 and % CAGR
  • Table 93: Rest of World 7-Year Perspective for Microgrid Control Systems by Application - Percentage Breakdown of Value Revenues for Utilities, Institutes & Campuses, Industrial & Commercial and Other Applications for the Years 2024 & 2030
IV. COMPETITION

Companies Mentioned

  • Hitachi Ltd.
  • Honeywell International, Inc.
  • ABB Ltd.
  • Eaton Corporation PLC
  • Emerson Electric Company
  • Caterpillar, Inc.
  • Cummins, Inc.
  • LG CNS
  • Ameresco, Inc.
  • GE Grid Solutions
  • ETAP
  • Emacx System, Inc.
  • DEIF A/S
  • EMTP
  • MicroGrid, Inc.

Table Information

Report AttributeDetails
No. of Pages393
PublishedNovember 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 3.5 Billion
Forecasted Market Value ( USD ) by 2030 $ 8.6 Billion
Compound Annual Growth Rate13.9%
Regions CoveredGlobal
No. of Companies Mentioned15

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Microgrid Control System Market Size and Forecast 2022-2031: Global and Regional Share, Trends, and Growth Opportunity Analysis by Component, Grid Type, Technology, Ownership, End-use, and Region - Product Image

Microgrid Control System Market Size and Forecast 2022-2031: Global and Regional Share, Trends, and Growth Opportunity Analysis by Component, Grid Type, Technology, Ownership, End-use, and Region

  • Report
  • 222 Pages
  • Global
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