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
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/