Report Description

Global Microgrid Control System Market By Grid Type (On grid and Off-grid), By Component (Hardware and Software), By Ownership, By End User, By Region, Competition, Forecast & Opportunities, 2024

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

Global microgrid control system market is forecast to grow at a CAGR of over 12% during 2019-2024, owing to increasing demand for power, rising emphasis on alternative energy production, improving and evolving technologies, refurbishment of aging infrastructure, and investments in smart grids and energy systems. Microgrid control system is a device that enables the establishment of a microgrid by controlling distributed energy resources and loads in a predetermined electrical system to maintain acceptable frequency and voltage. Increasing investments in transmission & distribution infrastructure and massive investments in smart grids and energy systems, globally, would further drive global microgrid control system market during the forecast period.

In terms of component, hardware segment is expected to grow at the fastest rate during 2019-2024. The hardware components of microgrid control systems include physical components such as CPU module, digital input module, digital output module, analog input/output module, local Controller, data logger, data recorder, relays, meters and communication network. The increasing number of microgrid projects in large power plants and high demand from process industries such as manufacturing, oil & gas, mining, steel and chemicals would drive the hardware segment of the microgrid control system market.

Asia-Pacific accounted for a significant portion of the global market for microgrid control system in 2018 and is expected to register strong growth during forecast period as well, on the back of increasing investments in grid expansion projects by developing nations such as China and India to boost their distribution grid reliability. Among the countries in the region, China was the largest market for microgrid control system in 2018. China has the highest installed power generation and distribution capacities, which is turn is resulting in huge demand for microgrid control systems.

Global microgrid control system market is characterized by a diverse group of regional and international manufacturers. The market for microgrid control system is moderately fragmented in nature. There is very minimal product differentiation which induces vendors to retain their market shares by pricing their products and services competitively. Additionally, established international vendors face intense competition from regional vendors which provide customers with comparatively low-priced and customized products. Some of the major companies operating in global microgrid control system market are Siemens AG, General Electric Company, ABB Ltd, Schneider Electric, Schweitzer Engineering Laboratories and Emerson.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast global microgrid control system market size.
  • To forecast global microgrid control system market based on grid type, component, ownership, end user and regional distribution.
  • To identify drivers and challenges for global microgrid control system market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global microgrid control system market.
  • To conduct the pricing analysis for global microgrid control system market.
  • To identify and analyze the profile of leading players operating in global microgrid control system market.


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Some of the leading players in global microgrid control system market are Siemens AG, General Electric Company, ABB Ltd, Eaton Corporation, Emerson, Schneider Electric, Spirae, Schweitzer Engineering Laboratories and Etap.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of microgrid control system 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 was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated global microgrid control system market size using a top down approach, where data for various applications across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Microgrid control system manufacturers and other stakeholders
  • Microgrid control system end user industries
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to microgrid control system market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, suppliers and end users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, global microgrid control system market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Grid type
    • On-grid
    • Off-grid
  • Market, by Component
    • Hardware
    • Software
  • Market, by Ownership
    • Public
    • Private
  • Market, by End User
    • Utilities
    • Campuses & Institutions
    • Commercial
    • Industrial
    • Others
  • Market, by Region
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Thailand
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Iran

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global microgrid control system market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a 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.

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