Report Description

Global Microgrid Monitoring System Market, By Application (Educational Institutes, Industrial and Others), By Product (Hardware, Software, Services), By Type (Grid Connected, Remote/Island/Off-Grid), By Consumption Pattern (Urban & Metropolitan, Semi-urban, Rural/Island), By Company and By Geography, Forecast & Opportunities, 2023

  • Publish Date: NA
  • Format : PDF
  • Pages : 110
  • Industry : Power

The Global Microgrid Monitoring System market is projected to reach USD 39 billion by 2023, growing at a CAGR of over 12% during the forecast period. The market for Microgrid Monitoring System is growing majorly due to increasing demand for reliable and secure power supply globally, widespread industrialization and growing population fuelling demand for energy storage systems and government initiatives to decrease carbon footprint. The Microgrid Monitoring System has been segmented based on Application (Educational Institutes, Industrial, Military, Healthcare, Government & Utilities, Urban Electrification, Rural Electrification, Others), Product (Hardware, Software, and Services), Type (Grid Connected, and Remote/Island/Off-Grid), Consumption Pattern (Urban & Metropolitan, Semi-urban, and Rural/Island). The Microgrid Monitoring System market for remote/island microgrids is expected to grow at a higher CAGR during the forecast period. The main reasons for this growth are substantial decline in the prices of solar PV and wind power sources, decrease in the cost of power generation, compared with centralized power grids and other environmental benefits. Geographically, North America is leading the market for Microgrid Monitoring System and Asia-Pacific is the fastest growing market. The highest growth of the market in APAC is attributed to the increasing number of rural electrification projects in India, along with increasing investments made by both national and international companies. Some of the key players include, ABB, General Electric, Eaton, Siemens, Schneider Electric, among others.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

Objective of the Study:

  • To analyse and forecast the market size of Global Microgrid Monitoring System Market, in terms of Value and Volume.
  • To classify and forecast Global Microgrid Monitoring System Market based on application, product, type, consumption pattern and regional distribution.
  • To identify drivers and challenges for Global Microgrid Monitoring System Market.
  • To examine competitive developments such as expansions, new Product launches, mergers & acquisitions, etc., in Global Microgrid Monitoring System Market.
  • To conduct the pricing analysis for Global Microgrid Monitoring System Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Microgrid Monitoring System.

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Some of the leading players in the Global Microgrid Monitoring System Market are ABB, General Electric, Eaton, Siemens, Schneider Electric, Honeywell, Homer Energy, Electric, Power Analytics and Exelon Corporation.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service Offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Microgrid Monitoring System Market using a bottom-up approach, where data for various Technology across various technology were recorded and forecast for the future years. TechSci Research sourced these Value and Volumes from the industry experts and company representatives and externally validated through analysing historical data of these Product Products and Technologys for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Original equipment manufacturers (OEMs)
  • Microgrid providers
  • Start-up companies
  • System integrators
  • Government bodies, venture capitalists, and private equity firms
  • Research Organizations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Microgrid Monitoring System Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Application:
    • Educational Institutes
    • Industrial
    • Military
    • Healthcare
    • Government & Utilities
    • Urban Electrification
    • Rural Electrification
    • Others (Electric Vehicles, Data Centers, and Telecom Infrastructure (Cellphone Towers))
  • Market, By Product:
    • Hardware
    • Software
    • Services
  • Market, By Type:
    • Grid Connected
    • Remote/Island/Off-Grid
  • Market, By Consumption Pattern:
    • Urban & Metropolitan
    • Semi-urban
    • Rural/Island
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Taiwan
      • Philippines
      • Indonesia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Poland
      • Denmark
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Microgrid Monitoring System Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at

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