Global Microgrid Controller Market Research Report 2023

Microgrid Controller is a system 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.

The global Microgrid Controller market was valued at US$ 9549 million in 2022 and is anticipated to reach US$ 20630 million by 2029, witnessing a CAGR of 13.7% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Microgrid Controller is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Microgrid Controller is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Microgrid Controller in Government is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Microgrid Controller include Schneider Electric, GE Power, ABB, Siemens, Schweitzer Engineering Laboratories, Eaton, Sustainable Power Systems, Emerson and Honeywell, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Microgrid Controller, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Microgrid Controller.

The Microgrid Controller market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Microgrid Controller market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Microgrid Controller companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Microgrid Controller Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Hardware

1.2.3 Software

1.2.4 Services

1.3 Market by Application

1.3.1 Global Microgrid Controller Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Government

1.3.3 Utilities

1.3.4 Commercial

1.3.5 Industrial

1.3.6 Educational Institutes

1.3.7 Military & Defense

1.3.8 Healthcare

1.3.9 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Microgrid Controller Market Perspective (2018-2029)

2.2 Microgrid Controller Growth Trends by Region

2.2.1 Global Microgrid Controller Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Microgrid Controller Historic Market Size by Region (2018-2023)

2.2.3 Microgrid Controller Forecasted Market Size by Region (2024-2029)

2.3 Microgrid Controller Market Dynamics

2.3.1 Microgrid Controller Industry Trends

2.3.2 Microgrid Controller Market Drivers

2.3.3 Microgrid Controller Market Challenges

2.3.4 Microgrid Controller Market Restraints

3.1 Global Top Microgrid Controller Players by Revenue

3.1.1 Global Top Microgrid Controller Players by Revenue (2018-2023)

3.1.2 Global Microgrid Controller Revenue Market Share by Players (2018-2023)

3.2 Global Microgrid Controller Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Microgrid Controller Revenue

3.4 Global Microgrid Controller Market Concentration Ratio

3.4.1 Global Microgrid Controller Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Microgrid Controller Revenue in 2022

3.5 Microgrid Controller Key Players Head office and Area Served

3.6 Key Players Microgrid Controller Product Solution and Service

3.7 Date of Enter into Microgrid Controller Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Microgrid Controller Historic Market Size by Type (2018-2023)

4.2 Global Microgrid Controller Forecasted Market Size by Type (2024-2029)

5.1 Global Microgrid Controller Historic Market Size by Application (2018-2023)

5.2 Global Microgrid Controller Forecasted Market Size by Application (2024-2029)

6.1 North America Microgrid Controller Market Size (2018-2029)

6.2 North America Microgrid Controller Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Microgrid Controller Market Size by Country (2018-2023)

6.4 North America Microgrid Controller Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Microgrid Controller Market Size (2018-2029)

7.2 Europe Microgrid Controller Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Microgrid Controller Market Size by Country (2018-2023)

7.4 Europe Microgrid Controller Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Microgrid Controller Market Size (2018-2029)

8.2 Asia-Pacific Microgrid Controller Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Microgrid Controller Market Size by Region (2018-2023)

8.4 Asia-Pacific Microgrid Controller Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Microgrid Controller Market Size (2018-2029)

9.2 Latin America Microgrid Controller Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Microgrid Controller Market Size by Country (2018-2023)

9.4 Latin America Microgrid Controller Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Microgrid Controller Market Size (2018-2029)

10.2 Middle East & Africa Microgrid Controller Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Microgrid Controller Market Size by Country (2018-2023)

10.4 Middle East & Africa Microgrid Controller Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Schneider Electric

11.1.1 Schneider Electric Company Detail

11.1.2 Schneider Electric Business Overview

11.1.3 Schneider Electric Microgrid Controller Introduction

11.1.4 Schneider Electric Revenue in Microgrid Controller Business (2018-2023)

11.1.5 Schneider Electric Recent Development

11.2 GE Power

11.2.1 GE Power Company Detail

11.2.2 GE Power Business Overview

11.2.3 GE Power Microgrid Controller Introduction

11.2.4 GE Power Revenue in Microgrid Controller Business (2018-2023)

11.2.5 GE Power Recent Development

11.3 ABB

11.3.1 ABB Company Detail

11.3.2 ABB Business Overview

11.3.3 ABB Microgrid Controller Introduction

11.3.4 ABB Revenue in Microgrid Controller Business (2018-2023)

11.3.5 ABB Recent Development

11.4 Siemens

11.4.1 Siemens Company Detail

11.4.2 Siemens Business Overview

11.4.3 Siemens Microgrid Controller Introduction

11.4.4 Siemens Revenue in Microgrid Controller Business (2018-2023)

11.4.5 Siemens Recent Development

11.5 Schweitzer Engineering Laboratories

11.5.1 Schweitzer Engineering Laboratories Company Detail

11.5.2 Schweitzer Engineering Laboratories Business Overview

11.5.3 Schweitzer Engineering Laboratories Microgrid Controller Introduction

11.5.4 Schweitzer Engineering Laboratories Revenue in Microgrid Controller Business (2018-2023)

11.5.5 Schweitzer Engineering Laboratories Recent Development

11.6 Eaton

11.6.1 Eaton Company Detail

11.6.2 Eaton Business Overview

11.6.3 Eaton Microgrid Controller Introduction

11.6.4 Eaton Revenue in Microgrid Controller Business (2018-2023)

11.6.5 Eaton Recent Development

11.7 Sustainable Power Systems

11.7.1 Sustainable Power Systems Company Detail

11.7.2 Sustainable Power Systems Business Overview

11.7.3 Sustainable Power Systems Microgrid Controller Introduction

11.7.4 Sustainable Power Systems Revenue in Microgrid Controller Business (2018-2023)

11.7.5 Sustainable Power Systems Recent Development

11.8 Emerson

11.8.1 Emerson Company Detail

11.8.2 Emerson Business Overview

11.8.3 Emerson Microgrid Controller Introduction

11.8.4 Emerson Revenue in Microgrid Controller Business (2018-2023)

11.8.5 Emerson Recent Development

11.9 Honeywell

11.9.1 Honeywell Company Detail

11.9.2 Honeywell Business Overview

11.9.3 Honeywell Microgrid Controller Introduction

11.9.4 Honeywell Revenue in Microgrid Controller Business (2018-2023)

11.9.5 Honeywell Recent Development

11.10 S&C Electric

11.10.1 S&C Electric Company Detail

11.10.2 S&C Electric Business Overview

11.10.3 S&C Electric Microgrid Controller Introduction

11.10.4 S&C Electric Revenue in Microgrid Controller Business (2018-2023)

11.10.5 S&C Electric Recent Development

11.11 Hatch

11.11.1 Hatch Company Detail

11.11.2 Hatch Business Overview

11.11.3 Hatch Microgrid Controller Introduction

11.11.4 Hatch Revenue in Microgrid Controller Business (2018-2023)

11.11.5 Hatch Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Microgrid Controller Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Hardware

    Table 3. Key Players of Software

    Table 4. Key Players of Services

    Table 5. Global Microgrid Controller Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Microgrid Controller Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Microgrid Controller Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Microgrid Controller Market Share by Region (2018-2023)

    Table 9. Global Microgrid Controller Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Microgrid Controller Market Share by Region (2024-2029)

    Table 11. Microgrid Controller Market Trends

    Table 12. Microgrid Controller Market Drivers

    Table 13. Microgrid Controller Market Challenges

    Table 14. Microgrid Controller Market Restraints

    Table 15. Global Microgrid Controller Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Microgrid Controller Market Share by Players (2018-2023)

    Table 17. Global Top Microgrid Controller Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid Controller as of 2022)

    Table 18. Ranking of Global Top Microgrid Controller Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Microgrid Controller Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Microgrid Controller Product Solution and Service

    Table 22. Date of Enter into Microgrid Controller Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Microgrid Controller Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Microgrid Controller Revenue Market Share by Type (2018-2023)

    Table 26. Global Microgrid Controller Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Microgrid Controller Revenue Market Share by Type (2024-2029)

    Table 28. Global Microgrid Controller Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Microgrid Controller Revenue Market Share by Application (2018-2023)

    Table 30. Global Microgrid Controller Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Microgrid Controller Revenue Market Share by Application (2024-2029)

    Table 32. North America Microgrid Controller Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Microgrid Controller Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Microgrid Controller Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Microgrid Controller Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Microgrid Controller Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Microgrid Controller Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Microgrid Controller Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Microgrid Controller Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Microgrid Controller Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Microgrid Controller Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Microgrid Controller Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Microgrid Controller Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Microgrid Controller Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Microgrid Controller Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Microgrid Controller Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Schneider Electric Company Detail

    Table 48. Schneider Electric Business Overview

    Table 49. Schneider Electric Microgrid Controller Product

    Table 50. Schneider Electric Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 51. Schneider Electric Recent Development

    Table 52. GE Power Company Detail

    Table 53. GE Power Business Overview

    Table 54. GE Power Microgrid Controller Product

    Table 55. GE Power Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 56. GE Power Recent Development

    Table 57. ABB Company Detail

    Table 58. ABB Business Overview

    Table 59. ABB Microgrid Controller Product

    Table 60. ABB Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 61. ABB Recent Development

    Table 62. Siemens Company Detail

    Table 63. Siemens Business Overview

    Table 64. Siemens Microgrid Controller Product

    Table 65. Siemens Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 66. Siemens Recent Development

    Table 67. Schweitzer Engineering Laboratories Company Detail

    Table 68. Schweitzer Engineering Laboratories Business Overview

    Table 69. Schweitzer Engineering Laboratories Microgrid Controller Product

    Table 70. Schweitzer Engineering Laboratories Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 71. Schweitzer Engineering Laboratories Recent Development

    Table 72. Eaton Company Detail

    Table 73. Eaton Business Overview

    Table 74. Eaton Microgrid Controller Product

    Table 75. Eaton Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 76. Eaton Recent Development

    Table 77. Sustainable Power Systems Company Detail

    Table 78. Sustainable Power Systems Business Overview

    Table 79. Sustainable Power Systems Microgrid Controller Product

    Table 80. Sustainable Power Systems Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 81. Sustainable Power Systems Recent Development

    Table 82. Emerson Company Detail

    Table 83. Emerson Business Overview

    Table 84. Emerson Microgrid Controller Product

    Table 85. Emerson Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 86. Emerson Recent Development

    Table 87. Honeywell Company Detail

    Table 88. Honeywell Business Overview

    Table 89. Honeywell Microgrid Controller Product

    Table 90. Honeywell Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 91. Honeywell Recent Development

    Table 92. S&C Electric Company Detail

    Table 93. S&C Electric Business Overview

    Table 94. S&C Electric Microgrid Controller Product

    Table 95. S&C Electric Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 96. S&C Electric Recent Development

    Table 97. Hatch Company Detail

    Table 98. Hatch Business Overview

    Table 99. Hatch Microgrid Controller Product

    Table 100. Hatch Revenue in Microgrid Controller Business (2018-2023) & (US$ Million)

    Table 101. Hatch Recent Development

    Table 102. Research Programs/Design for This Report

    Table 103. Key Data Information from Secondary Sources

    Table 104. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Microgrid Controller Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Microgrid Controller Market Share by Type: 2022 VS 2029

    Figure 3. Hardware Features

    Figure 4. Software Features

    Figure 5. Services Features

    Figure 6. Global Microgrid Controller Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Microgrid Controller Market Share by Application: 2022 VS 2029

    Figure 8. Government Case Studies

    Figure 9. Utilities Case Studies

    Figure 10. Commercial Case Studies

    Figure 11. Industrial Case Studies

    Figure 12. Educational Institutes Case Studies

    Figure 13. Military & Defense Case Studies

    Figure 14. Healthcare Case Studies

    Figure 15. Others Case Studies

    Figure 16. Microgrid Controller Report Years Considered

    Figure 17. Global Microgrid Controller Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 18. Global Microgrid Controller Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 19. Global Microgrid Controller Market Share by Region: 2022 VS 2029

    Figure 20. Global Microgrid Controller Market Share by Players in 2022

    Figure 21. Global Top Microgrid Controller Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Microgrid Controller as of 2022)

    Figure 22. The Top 10 and 5 Players Market Share by Microgrid Controller Revenue in 2022

    Figure 23. North America Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. North America Microgrid Controller Market Share by Country (2018-2029)

    Figure 25. United States Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Canada Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Europe Microgrid Controller Market Share by Country (2018-2029)

    Figure 29. Germany Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. France Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. U.K. Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Italy Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Russia Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Nordic Countries Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Asia-Pacific Microgrid Controller Market Share by Region (2018-2029)

    Figure 37. China Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Japan Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. South Korea Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Southeast Asia Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. India Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Australia Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Latin America Microgrid Controller Market Share by Country (2018-2029)

    Figure 45. Mexico Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Brazil Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Middle East & Africa Microgrid Controller Market Share by Country (2018-2029)

    Figure 49. Turkey Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Saudi Arabia Microgrid Controller Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 51. Schneider Electric Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 52. GE Power Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 53. ABB Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 54. Siemens Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 55. Schweitzer Engineering Laboratories Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 56. Eaton Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 57. Sustainable Power Systems Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 58. Emerson Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 59. Honeywell Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 60. S&C Electric Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 61. Hatch Revenue Growth Rate in Microgrid Controller Business (2018-2023)

    Figure 62. Bottom-up and Top-down Approaches for This Report

    Figure 63. Data Triangulation

    Figure 64. Key Executives Interviewed