Global Microgrid Control System Market Expected to reach $60.25 billion by 2026 | ABB, Woodward, Spirae, Siemens, Schweitzer Engineering Laboratories, Schneider Electric, S&C Electric Company, Rt Soft, Princeton Power Systems, Powersecure, Pareto Energy

Global Microgrid Control System Market is accounted for $18.20 billion in 2017 and is expected to reach $60.25 billion by 2026 growing at a CAGR of 14.2% from 2017 to 2026. Microgrid ensures the supply of electricity during power failure and blackout situations. Additionally, it shares a load and provides additional support when connected to the main grid. Some of the factors such as increasing demand for reliable and secure power supply worldwide and growing adoption of renewable energy sources are fueling the market growth. However, factors such as governmental laws & regulatory uncertainty and high installation costs are hampering the market growth. Rising electrification projects in emerging economies and advancements in IoT are creating ample opportunities for the market growth.

Amongst Grid Type, Off-Grid segment is dominating the microgrid control system market during the forecast period due to the mounting electrification of rural and remote areas across the globe, which would lead to the high adoption rate of a remote/islanded microgrid control system. Off-grid networks are energy self-sufficient and provide power security during electricity failure. By geography, the Asia Pacific region is dominating the market growth due to the high investment done by the government and private body to meet the growing demand for electricity.

Get Sample Copy at https://www.reportsweb.com/inquiry&RW00012569677/sample

Some of the key players in Microgrid Control System market include ABB, Woodward, Inc., Spirae, Siemens, Schweitzer Engineering Laboratories (Sel), Schneider Electric, S&C Electric Company, Rt Soft, Princeton Power Systems, Powersecure, Inc., Pareto Energy, Ltd., Ontech Electric Corporation, Northern Power Systems Corporation, Honeywell International, Inc., Hitachi, Ltd., General Electric, Exelon Corporation, Etap, Emerson and Eaton Corporation.

Grid Types Covered:
- Off-Grid
- On-Grid
- Hybrid

Components Covered:
- Switch Gear
- Generation & Transmission
- Software
- Controls

Ownerships Covered:
- Private
- Public

End Users Covered:
- Utilities
- Defense
- Commercial & Industrial
- Cities & Municipalities
- Campuses & Institutions
- Other End Users

Make an Inquiry https://www.reportsweb.com/inquiry&RW00012569677/buying

Table of Contents

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 Control System Market, By Grid Type
5.1 Introduction
5.2 Off-Grid
5.3 On-Grid
5.4 Hybrid

6 Global Microgrid Control System Market, By Components
6.1 Introduction
6.2 Switch Gear
6.3 Generation & Transmission
6.4 Software
6.5 Controls

7 Global Microgrid Control System Market, By Ownership
7.1 Introduction
7.2 Private
7.3 Public

8 Global Microgrid Control System Market, By End User
8.1 Introduction
8.2 Utilities
8.3 Defense
8.4 Commercial & Industrial
8.5 Cities & Municipalities
8.6 Campuses & Institutions
8.7 Other End Users

9 Global Microgrid Control System 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

Contact Us:
Call: +1-646-491-9876
Email: sales@reportsweb.com

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

Pune, India

This release was published on openPR.