Microgrid Control System Market by Grid- Type (On-Grid and Off-grid), Component (Hardware and Software), Ownership (Private and Public), End-User (Utilities, Campuses and institutions, Commercial, and Industrial), and Region - Global Forecast to 2023

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Date: 09-Jan-2019
No. of pages: 142
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“The microgrid control system market is projected to grow at a CAGR of 13.01%, from 2018 to 2023.”

The microgrid control system market is projected to reach USD 3.6 billion by 2023, from an estimated USD 2.0 billion in 2018 at a CAGR of 13.01%. This growth can be attributed to the increasing demand for reliable and secure power supply worldwide and increasing government investments in microgrid projects and growing adoption of renewable resources. However, governmental laws and regulations and high installation and maintenance cost of the microgrid control system can hinder the growth of the market.

“The off-grid segment is expected to be the fastest growing market in the microgrid control system from 2018 to 2023.

The off-grid segment is estimated to be the fastest growing segment during the forecast period. Remote/island/off-grid microgrids are mainly used to provide diverse power sources for geographically remote communities and developing countries. Along with the expansion of electricity infrastructure in developing countries, many remote microgrids are being designed to be self-sufficient to cater to complex setups such as remote islands or distant villages where transmission via traditional electric utility players is not viable.

Hardware: The fastest growing market for microgrid control system market.”

The hardware segment, by component, is estimated to be the fastest growing segment during the forecast period. The hardware components of the microgrid control system include the 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 sector, mining, steel, and chemical would drive the hardware segment of the microgrid control system market. A wide variety of sensors, switches, and other input devices are installed in the microgrid control system for load forecasting using weather and customer behavior forecast, renewable forecasting using detailed local forecast for sun and wind, network reconfiguration by adapting the network to dynamic loads and variations in generation to maintain grid stability, adaptive protection and control for faults (failures, lightning, and damages) that can come from the microgrid to the main grid or the other way around, fault calculation, Volt/VAR control local devices to maintain voltages within operating limits, DER (Distributed energy resources) dispatch, and control of all generation and storage assets to balance loads to balance supply.

“Middle East & Africa: The fastest growing market for microgrid control system market.”

The Middle East & Africa is estimated to be the fastest growing market for microgrid control systems in 2023 and is projected to grow at the highest CAGR during the forecast period. The Middle Eastern countries such as Saudi Arabia, the UAE, Qatar, and Kuwait have abundant natural resources such as crude oil & natural gas. Increase in population, urbanization, and the growth of the industrial sector have increased the demand for power in countries such as Saudi Arabia and the UAE. Also, these countries are planning to restructure their power sector by encouraging private sector investments. The increasing generation capacity, focus on renewables, and plans to increase the electrification rate are expected to drive the microgrid control system market in these regions.  

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1–55%, Tier 2–25%, and Tier 3–20%

  • By Designation: C-Level- 35%, D-Level30%, and Others-35%

  • By Region: North America-15%, Europe-20%, Asia Pacific- 30%, the Middle East & Africa- 25%, and South America-10%


Note: Others includes product engineers and product specialists.

Note: The tiers of the companies are definedon the basis of their total revenues as of 2017. Tier 1:>USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:< USD 500 million

The leading players in the microgrid control system market include ABB (Switzerland), GE (US), Siemens (Germany), Eaton(Ireland), Emerson(US), Schneider electric(France), Spirae(US), Schweitzer Engineering Laboratories, Inc.(Washington), ETAP (US), S&C electric(US), Woodward Inc(US), Powersecure(US), RTSoft (Germany), and Ontech Electric Corporation(China)

Research Coverage:

The report defines, describes, and forecasts the global microgrid control system market by grid-type, component, ownership, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the microgrid control system market.

Why Buy this Report?


  • The report identifies and addresses key markets for microgrid control system market, which would help manufacturers review the growth in demand.

  • The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Microgrid Control System Market by Grid- Type (On-Grid and Off-grid), Component (Hardware and Software), Ownership (Private and Public), End-User (Utilities, Campuses and institutions, Commercial, and Industrial), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.1.1 Ideal Demand-Side Analysis
2.1.1.1 Assumptions
2.1.2 Supply-Side Analysis
2.1.2.1 Calculation
2.1.3 Forecast
2.2 Some of the Insights of Industry Experts

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Microgrid Control System Market, 2018–2023
4.2 Microgrid Control System, By Grid Type
4.3 Microgrid Control System Market, By Ownership
4.4 Microgrid Control System, By Component
4.5 Microgrid Control System Market, By End-User
4.6 Asia Pacific Microgrid Control System Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Reliable and Secure Power Supply Worldwide
5.2.1.2 Increasing Government Investments in Microgrid Projects
5.2.1.3 Growing Adoption of Renewable Energy Sources
5.2.2 Restraints
5.2.2.1 Governmental Laws and Regulation Uncertainty
5.2.2.2 High Installation and Maintenance Cost of the Microgrid Control System
5.2.3 Opportunities
5.2.3.1 Rising Electrification Projects
5.2.3.2 Advancement in Iot as Well as Communication Technologies
5.2.4 Challenges
5.2.4.1 Cyber Security Issues

6 Microgrid Control System Market, By Ownership
6.1 Introduction
6.2 Public
6.3 Private

7 Microgrid Control System Market, Grid Type
7.1 Introduction
7.2 On-Grid
7.3 Off-Grid

8 Microgrid Control System Market, By Component
8.1 Introduction
8.2 Hardware
8.3 Software

9 Microgrid Control System Market, By End-User
9.1 Introduction
9.2 Utilities
9.3 Campuses & Institutions
9.4 Commercial & Industrial
9.5 Others

10 Microgrid Control System Market, By Region
10.1 Introduction
10.2 Asia Pacific
10.2.1 By Grid Type
10.2.2 By Component
10.2.3 By Ownership
10.2.4 By End-User
10.2.5 By Country
10.2.5.1 China
10.2.5.1.1 Increasing Investment in Grid Expansion
10.2.5.2 India
10.2.5.2.1 Rising Investments in Energy-Efficiency Services
10.2.5.3 Japan
10.2.5.3.1 Reducing Power Dependence From Nuclear Sources After Fukushima Incident and Increased Demand for Grid Infrastructure to Connect Renewables to the Grid
10.2.5.4 Australia
10.2.5.4.1 Increasing Renewable Power Generation and Focus on Improving Energy Efficiency
10.2.5.5 Rest of Asia Pacific
10.3 Europe
10.3.1 By Grid Type
10.3.2 By Component
10.3.3 By Ownership
10.3.4 By Grid Type
10.3.5 By Country
10.3.5.1 Russia
10.3.5.1.1 Increasing Focus on Clean Energy Production and Rising Government Incentives in the Energy Sector
10.3.5.2 Germany
10.3.5.2.1 Highest Electric Vehicle Seller in the Industrial Sector Which Creates Opportunities for More Deployment of A Microgrid Control System
10.3.5.3 UK
10.3.5.3.1 Feed-In Tariff With A Contract for Difference to Encourage Renewable Electricity Generation for Large-Scale Installations
10.3.5.4 France
10.3.5.4.1 Reducing Power Dependence From Nuclear Sources and Increased Demand for Grid Infrastructure to Connect to Distributed Generation Resources78
10.3.5.5 Rest of Europe
10.4 North America
10.4.1 By Grid Type
10.4.2 By Component
10.4.3 By Ownership
10.4.4 By End-User
10.4.5 By Country
10.4.5.1 US
10.4.5.1.1 Increasing Investments for Replacing and Refurbishing the Aged Electric Infrastructure
10.4.5.2 Canada
10.4.5.2.1 Huge Investments in Renewable Energy and Replacement of Aging Power Equipment
10.4.5.3 Mexico
10.4.5.3.1 Increased Focus to Reduce Greenhouse Gas Emissions
10.5 South America
10.5.1 By Grid Type
10.5.2 By Component
10.5.3 By Ownership
10.5.4 By End-User
10.5.5 By Country
10.5.5.1 Brazil
10.5.5.1.1 Increasing Dependence on the Hydroelectric Power Source, Driving the Demand for Microgrid Control Systems
10.5.5.2 Argentina
10.5.5.2.1 Increased Focus on Power Generation From Sources Such as Wind, Solar, Biomass, Biogas, and Small-Scale Hydro
10.5.5.3 Rest of South America
10.6 Middle East & Africa
10.6.1 By Component
10.6.2 By Ownership
10.6.3 By End-User
10.6.4 By Country
10.6.4.1 Saudi Arabia
10.6.4.1.1 Increased Investment in Power Generation Projects and Focus on Altering Its Power Generation Mix to Preserve Its Oil Exports
10.6.4.2 South Africa
10.6.4.2.1 Government Focusing on Reducing Carbon Dioxide Emissions as Well as Its Dependency on Coal for Poer Generation
10.6.4.3 Nigeria
10.6.4.3.1 Significant Investments in Off-Grid Electricity Generation Drive the Microgrid Control System Market
10.6.4.4 Rest of the Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Ranking of Players and Industry Concentration, 2017
11.3 Competitive Scenario
11.3.1 Mergers & Acquisitions
11.3.2 Contracts & Agreements
11.3.3 New Product Developments
11.3.4 Investments & Expansions
11.3.5 Mergers & Acquisitions
11.3.6 Others

12 Company Benchmarking
(Business Overview, Products Offered, Recent Developments, and MnM View)*
12.1 ABB
12.2 General Electric
12.3 Siemens
12.4 Eaton Corporation
12.5 Emerson
12.6 Schneider Electric
12.7 Spirae
12.8 Schweitzer Engineering Laboratories (Sel)
12.9 Etap
12.1 S&C Electric Company
12.11 Woodward, Inc.
12.12 Powersecure, Inc.
12.13 Rt Soft
12.14 Ontech Electric Corporation
*Details on Business Overview, Products Offered, Recent Developments, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Microgrid Control System Market Snapshot
Table 2 Key Microgrid-Related Projects Supported By the Chinese Government in 2018
Table 3 Microgrid Control System Market Size, By Ownership, 2016–2023 (USD Million)
Table 4 Public: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 5 Private: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 6 Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 7 on Grid: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 8 Off Grid: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 9 Microgrid Control System Market Size, By Component, 2016–2023 (USD Million)
Table 10 Hardware: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 11 Software: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 12 Microgrid Control System Market Size, By End-User, 2016–2023 (USD Million)
Table 13 Utilities: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 14 Campuses & Institutions : Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 15 Commercial & Industrial: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 16 Others: Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 17 Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Table 18 Asia Pacific: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 19 Asia Pacific: Microgrid Control System Market Size, By Component, 2016–2023 (USD Million)
Table 20 Asia Pacific: Microgrid Control System Market Size, By Ownership, 2016–2023 (USD Million)
Table 21 Asia Pacific: Microgrid Control System Market Size, By End-User, 2016–2023 (USD Million)
Table 22 Asia Pacific: Microgrid Control System Market Size, By Country, 2016–2023 (USD Million)
Table 23 China: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 24 India: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 25 Japan: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 26 Australia: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 27 Rest of Asia Pacific: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 28 Distributed Generation Policy Support in Selected Eu Countries
Table 29 Europe: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 30 Europe: Microgrid Control System Market Size, By Component, 2016–2023 (USD Million)
Table 31 Europe: Microgrid Control System Market Size, By Ownership, 2016–2023 (USD Million)
Table 32 Europe: Microgrid Control System Market Size, By End-User, 2016–2023 (USD Million)
Table 33 Europe: Microgrid Control System Market Size, By Country, 2016–2023 (USD Million)
Table 34 Russia: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 35 Germany: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 36 UK: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 37 France: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 38 Rest of Europe: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 39 North America: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 40 North America: Microgrid Control System Market Size, By Component, 2016–2023 (USD Million)
Table 41 North America: Microgrid Control System Market Size, By Ownership, 2016–2023 (USD Million)
Table 42 North America: Microgrid Control System Market Size, By End-User, 2016–2023 (USD Million)
Table 43 North America: Microgrid Control System Market Size, By Country, 2016–2023 (USD Million)
Table 44 US: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 45 Canada: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 46 Mexico: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 47 South America: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 48 South America: Microgrid Control System Market Size, By Component, 2016–2023 (USD Million)
Table 49 South America: Microgrid Control System Market Size, By Ownership, 2016–2023 (USD Million)
Table 50 South America: Microgrid Control System Market Size, By End-User, 2016–2023 (USD Million)
Table 51 South America: Microgrid Control System Market Size, By Country, 2016–2023 (USD Million)
Table 52 Brazil: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 53 Argentina: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 54 Rest of South America: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 55 Middle East & Africa: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 56 Middle East & Africa: Microgrid Control System Market Size, By Component, 2016–2023 (USD Million)
Table 57 Middle East & Africa: Microgrid Control System Market Size, By Ownership, 2016–2023 (USD Million)
Table 58 Middle East & Africa: Microgrid Control System Market Size, By End-User, 2016–2023 (USD Million)
Table 59 Middle East & Africa : Microgrid Control System Market Size, By Country, 2016–2023 (USD Million)
Table 60 Saudi Arabia: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 61 South Africa: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 62 Nigeria: Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 63 Rest of the Middle East & Africa : Microgrid Control System Market Size, By Grid Type, 2016–2023 (USD Million)
Table 64 ABB and Schneider Electric Were the Most Active Players in the Market Between 2015 and 2018

List of Figures

Figure 1 Microgrid Installed Capacity Across Regions and Across Key End-Users is the Major Determining Factor for Microgrid Control Implementation20
Figure 2 Off-Grid Segment is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 3 Private Segment is Expected to Lead the Microgrid Control System Market During the Forecast Period
Figure 4 Hardware Segment is Expected to Lead the Microgrid Control System Market During the Forecast Period
Figure 5 Utility Segment is Expected to Lead the Microgrid Control System Market During the Forecast Period
Figure 6 Asia Pacific is Expected to Dominate the Microgrid Control System Market During the Forecast Period
Figure 7 Increasing Demand for Reliable and Secure Power Supply, Globally, is Expected to Drive the Microgrid Control System Market During Period32
Figure 8 Off-Grid Segment Led the Microgrid Control System Market in 2017
Figure 9 Private Segment Led the Microgrid Control System Market, By Ownership, in 2017
Figure 10 Hardware Segment is Expected to Lead the Microgrid Control System Market During the Forecast Period
Figure 11 Utilities Segment is Expected to Grow Globally in the Microgrid Control System Market During the Forecast Period
Figure 12 China Was the Largest Microgrid Control System Market in Asia Pacific, in 2017
Figure 13 Microgrid Control System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 14 Global Renewable Energy-Based Generation, 2012–2017 (In Twh)
Figure 15 Microgrid Control System Market, By Ownership, 2018–2023 (USD Million)
Figure 16 Microgrid Control System Market, By Grid Type, 2018–2023 (USD Million)
Figure 17 Microgrid Control System Market, By Component, 2018–2023 (USD Million)
Figure 18 Microgrid Control System Market, By End-User, 2018–2023 (USD Million)
Figure 19 Asia Pacific Dominated the Microgrid Control System Market in 2017
Figure 20 Microgrid Control System Market Size, By Region, 2016–2023 (USD Million)
Figure 21 Asia Pacific: Market Snapshot
Figure 22 North America: Market Snapshot
Figure 23 Key Developments in the Microgrid Control System Market, 2015–2018
Figure 24 Microgrid Control System Market in 2017
Figure 25 ABB: Company Snapshot
Figure 26 General Electric: Company Snapshot
Figure 27 Siemens: Company Snapshot
Figure 28 Eaton Corporation: Company Snapshot
Figure 29 Emerson: Company Snapshot
Figure 30 Schneider Electric: Company Snapshot
Figure 31 Woodward, Inc: Company Snapshot

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