조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년03월
Microgrid Controller Market – Global Forecast To 2029
마이크로그리드 컨트롤러 시장 : 연결성(그리드 연결, 오프 그리드), 제공 내용(하드웨어, 소프트웨어 및 서비스), 최종 사용자(상업 및 산업, 군사, 정부, 연구 기관 및 캠퍼스, 건강 관리), 지역별 – 2029년까지의 세계 예측
Microgrid Controller Market by Connectivity (Grid-connected, Off-grid), Offering (Hardware, Software & Services), End User (Commercial & Industrial, Military, Government, Institutes & Campuses, Healthcare) and Region – Global Forecast to 2029
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| Multi User License | USD 6,650 |
| Corporate License | USD 8,150 |
| Enterprise License | USD 10.000 |
| 구성 | 영문조사보고서 |
Report Overview
The microgrid controller market is expected to reach USD 18.7 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 22.6% during the 2024-2029 period.
마이크로그리드 컨트롤러 시장은 2024~2029년 연평균 성장률(CAGR) 22.6%로 성장해 2024년 68억 달러 규모에서 2029년 187억 달러 규모로 성장할 것으로 예상됩니다.
For more than a century, advanced economies have adhered to the principle of “bigger is better” in electric power supply. Extensive grids were constructed to link power plants with residences and businesses via extensive networks spanning thousands of miles. Electricity generated by large, distant power plants, which are tied to centralized power grids and rely on fossil fuels, is transmitted across various regions and nations. However, the inefficiencies in power transmission inherent to these power plants have become increasingly apparent.
Traditional grids heavily rely on fossil fuels for electricity production, contributing to pollution and global warming. Moreover, these grids are susceptible to natural disasters, often resulting in network malfunctions or blackouts. For example, Hurricane Sandy in the US and Typhoon Haiyan in the Philippines caused widespread blackouts in major areas, including New York and the islands of Leyte. In the aftermath of such calamities, these regions faced prolonged periods without electricity, prompting a surge in demand for self-generating plants or microgrids. The occurrence of hurricanes, heatwaves, windstorms, wildfires, and other extreme weather events in 2020 led to a significant increase in power outages for electric utility customers in the US. According to PowerOutage US, there were 1.33 billion outages in 2020, marking a 73% rise from approximately 770 million in 2019.
The escalating demand for power also results in interruptions and outages. For instance, in April 2022, power outages were reported in various parts of Mumbai and its suburbs due to increased power demand. Mumbai’s power demand during summers has risen to 3,800 megawatts (MW), surpassing the typical range of 3,200-3,300 MW. Although the state requires 25,000 megawatts of electricity, only 21 to 22,000 megawatts are currently being supplied.
Microgrids, with their value proposition centered on reliability, energy security, and power quality, emerge as an appealing alternative to centralized power distribution systems. They represent the next frontier in the electrification drive, enabling access to remote areas inaccessible to large grids. Microgrids can enhance electric service reliability, promote cleaner energy, reduce costs, and mitigate the impacts of power outages. Moreover, microgrids offer the potential to integrate smart technologies, such as smart meters, to enhance operational efficiency. These technologies enable microgrids to engage in demand response, strategically utilize energy storage, and provide grid services. Industries requiring uninterrupted power supply, such as hospitals, universities, refineries, pharmaceutical companies, data centers, and military installations, are driving the global demand for microgrids.
“Growing adoption of microgrids for rural electrification to increase in the demand of microgrid controller marker.”
Microgrids are increasingly gaining traction globally, serving both, isolated installations for remote electrification and grid-connected assets to fortify resilient networks and foster local energy communities. According to the International Energy Agency (IEA), approximately 860 million individuals worldwide lacked access to electricity in 2020, with 87% residing in rural or remote regions (“SDG Indicators Goal 7” – 2020). In areas where access to the primary grid is unavailable or conventional grid extension proves prohibitively costly, microgrids emerge as a viable solution to energy access barriers. Moreover, microgrids offer a means to harness renewable energy sources within localized areas, positioning them as a practical choice for rural electrification initiatives. Notably, microgrids can be implemented in constrained spaces and provide electricity at reduced costs compared to traditional grid infrastructure. For instance, the University of California reports annual energy cost savings exceeding USD 8 million following the implementation of microgrids.
Another significant driver of the demand for microgrids in rural electrification efforts is the escalating government support and the surge in microgrid project deployments. For example, in March 2021, GE (US) secured a contract to modernize three gas-insulated substations (GIS) in Khimti, Barhabise, and Lapsiphedi in Nepal. These upgraded substations will deliver uninterrupted hydro energy to numerous households in regions outside Kathmandu, which still lack access to the national grid. In April 2021, the Indian Government’s e-governance services arm, CSC, announced a collaboration with Tata Power to establish solar-powered microgrids and water pumps in rural areas across India. Similarly, in December 2020, Hitachi Energy (Switzerland) was commissioned by Ministry of Corporate Affairs (MCA) to contribute to the development of Sub-Saharan Africa’s largest photovoltaic project, enhancing access to reliable and clean energy for Angola’s population of 30 million people.
“Remote area end user of microgrid controller market recorded the highest market share in 2023”
Remote regions dominated the microgrid controller market in 2022, driven by the growing adoption of microgrid technologies in these areas. The integration of microgrids with hybrid generation proves particularly beneficial in regions lacking access to the primary utility grid. According to the International Energy Agency, approximately 1 billion people in remote locations worldwide lack access to electricity due to the high costs associated with fossil fuel-based generation, uncertainties in availability, and transportation challenges.
Governments across various nations are increasingly investing in electricity infrastructure development to provide affordable and clean energy. This has led to a surge in demand for microgrids in remote regions to both generate power and manage distributed energy resources effectively. For instance, in March 2021, General Electric secured a contract to upgrade three gas-insulated substations in Nepal, ensuring uninterrupted hydro energy supply to numerous households in regions outside Kathmandu that are still without access to the national grid. In April 2021, the Indian Government’s e-governance services arm, Common Service Centres (CSC), announced a partnership with Tata Power to establish solar-powered microgrids and water pumps in rural and remote areas across the country.
Similarly, in December 2020, Hitachi Energy was awarded a contract by MCA to contribute to Sub-Saharan Africa’s largest photovoltaic project, expanding access to reliable and clean energy for Angola’s population of 30 million. In May 2019, ABB supplied an MGS100 integrated microgrid solution to facilitate the delivery of 100% renewable power and energy storage to up to 39,000 households in regions far from public utility infrastructure.
“US is expected to have the largest market share of microgrid controller in North America market in the forecast period”
In 2023, the US emerged as the primary driver of the microgrid controller market within North America. This dominance is fueled by the increasing adoption of sustainable energy sources, aimed at reducing reliance on conventional electricity grids. The country’s robust growth trajectory in the microgrid controller sector is further propelled by substantial investments in clean energy initiatives. Notably, legislative actions like the introduction of H.R.1512, the Climate Leadership and Environmental Action for its Nation’s Future Act, signal a significant commitment to decarbonization efforts, with allocated funding earmarked for microgrid development.
Furthermore, the recommitment to the Paris Agreement underscores the government’s dedication to curbing carbon emissions, thereby encouraging widespread microgrid deployment across diverse industries.
Microgrids also play a pivotal role in ensuring energy resilience, particularly within critical sectors such as healthcare. Notably, in April 2020, Bloom Energy swiftly deployed microgrid systems for California-based hospitals, facilitating uninterrupted power supply during crises. Additionally, the US witnessed a surge in microgrid initiatives, with over 500 new projects initiated in 2019, prominently led by PowerSecure, Enchanted Rock, and the American Red Cross.
In March 2023, ABB is forging a strategic alliance with Direct Energy Partners (DEP) (US), a pioneering startup leveraging digital technology to expedite the adoption of Direct Current (DC) microgrids. This partnership entails a minority investment in Direct Energy Partners through ABB’s venture capital arm, ABB Technology Ventures (ATV). Specific financial terms of the investment remain undisclosed.
In March 2023, Siemens Smart Infrastructure, in collaboration with Fluence, a key player in energy storage formed by Siemens and AES in 2018, completed a sustainable energy project on Terceira island, Azores, for EDA – Electricidade dos Açores. The project merges predictive energy software with a robust battery-based storage system, enhancing the integration of renewables like wind and solar into the grid. This blend is anticipated to slash CO2 emissions by over 3,600 tons annually. The Spectrum Power Microgrid Management System (MGMS) software implemented for EDA is part of Siemens Xcelerator portfolio, aiding global power utilities in their digital transformation.
In March 2022, Honeywell International Inc. and Duke Energy’s Sustainable Solutions division have partnered to provide microgrid solutions to cities and communities across the United States, enhancing energy resilience during grid-level outages. Through this collaboration, Duke Energy’s Sustainable Solutions offers distributed energy resources (DER) alongside Honeywell’s battery energy storage systems (BESS) and smart cities software, facilitating the development of municipal microgrids and city-owned assets.
The break-up of the profile of primary participants in the Microgrid controller market-
• By Company Type: Tier 1 – 55%, Tier 2 – 25%, Tier 3 – 20%
• By Designation Type: C Level – 45%, Director Level – 30%, Others – 25%
• By Region Type: Americas – 40%, Europe –25 %, Asia Pacific – 20%, RoW – 15%,
The major players in the microgrid controller market are Schneider Electric (France), General Electric (US), ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schweitzer Engineering Laboratories, Inc. (US), Honeywell International Inc. (US), Caterpillar (US), S&C Electric Company (US), Power Analytics Corporation (US), Cummins Inc. (US), Tesla Energy (US), Emerson Electric Co. (US), HOMER Energy (US), Hitachi Energy Ltd. (Switzerland), Pareto Energy (US), Encorp (US), Powerhive (Kenya), Enchanted Rock (US), AutoGrid Systems, Inc. (US), Heila Technologies (US), Ameresco, Inc. (US), PowerSecure, Inc. (US), Canopy Power (Singapore), Scale Microgrid Solutions LLC (US), and Spirae, LLC (US).
Research Coverage
The report segments the microgrid controller market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall microgrid controller market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Analysis of key drivers (Enhanced microgrid efficiency through controllers), restraints (Cybersecurity risks in microgrid control operations), opportunities (Increasing adoption of microgrids across healthcare, military, and government sectors), and challenges (Dynamic government regulation, policies, and standards)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the microgrid controller market
• Market Development: Comprehensive information about lucrative markets – the report analyses the microgrid controller market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the microgrid controller market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Schneider Electric (France), General Electric (US), ABB (Switzerland), Siemens (Germany), and Eaton (Ireland).
Table of Contents
1 INTRODUCTION 29
1.1 STUDY OBJECTIVES 29
1.2 MARKET DEFINITION 29
1.2.1 INCLUSIONS AND EXCLUSIONS 30
1.3 STUDY SCOPE 30
1.3.1 MARKETS COVERED 30
FIGURE 1 MICROGRID CONTROLLER MARKET SEGMENTATION 30
1.3.2 REGIONAL SCOPE 31
FIGURE 2 MICROGRID CONTROLLER MARKET: REGIONAL SCOPE 31
1.3.3 YEARS CONSIDERED 31
1.4 CURRENCY CONSIDERED 32
1.5 LIMITATIONS 32
1.6 STAKEHOLDERS 32
1.7 SUMMARY OF CHANGES 33
1.7.1 RECESSION IMPACT ON MICROGRID CONTROLLER MARKET 33
2 RESEARCH METHODOLOGY 34
2.1 RESEARCH DATA 34
FIGURE 3 MICROGRID CONTROLLER MARKET: RESEARCH DESIGN 34
2.1.1 SECONDARY DATA 35
2.1.1.1 Key data from secondary sources 35
2.1.1.2 Key secondary sources 35
2.1.2 PRIMARY DATA 35
2.1.2.1 Key data from primary sources 36
2.1.2.2 Key participants in primary processes supply chain across microgrid controller market 36
2.1.2.3 Breakdown of primary interviews 37
2.1.2.4 Key industry insights 37
2.1.3 SECONDARY AND PRIMARY RESEARCH 38
2.2 MARKET SIZE ESTIMATION 38
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) – REVENUE GENERATED BY KEY PLAYERS 39
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – REVENUE ESTIMATION OF KEY PLAYER 39
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION BASED ON REGION 40
2.2.1 BOTTOM-UP APPROACH 40
2.2.1.1 Approach to derive market size using bottom-up analysis 40
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 41
2.2.2.1 Approach to derive market size using top-down analysis 41
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 42
2.3 MARKET SHARE ESTIMATION 42
2.4 DATA TRIANGULATION 43
FIGURE 9 DATA TRIANGULATION 43
2.5 RISK ASSESSMENT 44
TABLE 1 RISK FACTOR ANALYSIS 44
2.6 RECESSION IMPACT 45
2.7 RESEARCH ASSUMPTIONS AND LIMITATIONS 45
2.7.1 ASSUMPTIONS 45
2.7.2 LIMITATIONS 46
3 EXECUTIVE SUMMARY 47
3.1 IMPACT OF RECESSION 47
FIGURE 10 MICROGRID CONTROLLER MARKET: IMPACT OF RECESSION 48
FIGURE 11 GRID-CONNECTED SEGMENT TO HOLD LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD (USD MILLION) 48
FIGURE 12 AMERICAS TO DOMINATE MICROGRID CONTROLLER SOFTWARE & SERVICES MARKET FROM 2024 TO 2029 49
FIGURE 13 NORTH AMERICA: LARGEST MARKET IN AMERICAS DURING FORECAST PERIOD 49
FIGURE 14 ASIA PACIFIC MICROGRID CONTROLLER MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MICROGRID CONTROLLER MARKET 51
FIGURE 15 RISING DEMAND FOR DEPENDABLE AND CONTINUOUS POWER SUPPLY TO FUEL MARKET GROWTH 51
4.2 MICROGRID CONTROLLER MARKET, BY OFFERING 52
FIGURE 16 SOFTWARE & SERVICES TO HOLD LARGEST MARKET SHARE BETWEEN 2024 AND 2029 52
4.3 MICROGRID CONTROLLER MARKET, BY END USER 52
FIGURE 17 COMMERCIAL & INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 52
4.4 MICROGRID CONTROLLER MARKET, BY COUNTRY 53
FIGURE 18 INDIAN MICROGRID CONTROLLER MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MICROGRID CONTROLLER MARKET DYNAMICS 54
FIGURE 19 MICROGRID CONTROLLER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 55
5.2.1.1 Emphasis on decarbonization among end users and governments 55
5.2.1.2 Enhanced microgrid efficiency through controllers 55
5.2.1.3 Increasing demand for reliable, uninterrupted power supply 56
5.2.1.4 Growing adoption of microgrids for rural electrification 56
FIGURE 20 MICROGRID CONTROLLER MARKET DRIVERS: IMPACT ANALYSIS 57
5.2.2 RESTRAINTS 57
5.2.2.1 High cost of installation 57
5.2.2.2 Cybersecurity risks in microgrid control operations 58
5.2.2.3 Interoperability and compatibility concerns due to large number of components/devices 58
FIGURE 21 MICROGRID CONTROLLER MARKET RESTRAINTS: IMPACT ANALYSIS 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Growing initiatives for energy and sustainable development in smart cities 59
5.2.3.2 Increasing adoption of microgrids across healthcare, military, and government sectors 60
5.2.3.3 Increasing energy consumption and growing need for renewable energy in Asia Pacific 60
5.2.3.4 Surge in investor interest in EaaS business model for cost optimization 61
FIGURE 22 MICROGRID CONTROLLER MARKET OPPORTUNITIES: IMPACT ANALYSIS 61
5.2.4 CHALLENGES 62
5.2.4.1 Technological, operational, and security risks associated with microgrids 62
5.2.4.2 Dynamic government regulations, policies, and standards 62
FIGURE 23 MICROGRID CONTROLLER MARKET CHALLENGES: IMPACT ANALYSIS 62
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 63
FIGURE 24 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MICROGRID CONTROLLER MARKET PLAYERS 63
5.4 PRICING ANALYSIS 64
FIGURE 25 INDICATIVE PRICING OF KEY PLAYER, BY OFFERING, 2024 (USD) 64
TABLE 2 INDICATIVE PRICING OF KEY PLAYER, BY OFFERING, 2024 (USD) 64
TABLE 3 INDICATIVE PRICING OF MICROGRID CONTROLLERS, BY REGION (2024) 64
5.5 SUPPLY CHAIN ANALYSIS 65
FIGURE 26 SUPPLY CHAIN ANALYSIS: MICROGRID CONTROLLER MARKET 65
5.5.1 R&D 65
5.5.2 COMPONENT MANUFACTURERS 65
5.5.3 SYSTEM INTEGRATORS 66
5.5.4 MICROGRID CONTROLLER AND SOLUTION PROVIDERS 66
5.5.5 END USERS 66
5.6 ECOSYSTEM ANALYSIS 66
TABLE 4 MICROGRID CONTROLLER MARKET: ECOSYSTEM ANALYSIS 66
FIGURE 27 KEY PLAYERS IN MICROGRID CONTROLLER MARKET 67
5.7 INVESTMENT AND FUNDING SCENARIO 68
FIGURE 28 INVESTMENT AND FUNDING SCENARIO FOR STARTUPS 68
5.8 TECHNOLOGY ANALYSIS 68
5.8.1 KEY TECHNOLOGIES 68
5.8.1.1 Smart Sensors 68
5.8.1.2 IoT Devices 68
5.8.2 COMPLEMENTARY TECHNOLOGY 69
5.8.2.1 Energy Storage Systems (ESS) 69
5.8.3 ADJACENT TECHNOLOGY 69
5.8.3.1 Advanced Data Analytics 69
5.9 PATENT ANALYSIS 70
FIGURE 29 PATENTS APPLIED AND GRANTED, 2014–2023 70
TABLE 5 MICROGRID CONTROLLER MARKET: MAJOR PATENTS, 2022–2023 71
5.10 TRADE DATA ANALYSIS 72
5.10.1 IMPORT SCENARIO 72
FIGURE 30 IMPORTS, BY KEY COUNTRY, 2018–2022 (USD MILLION) 72
TABLE 6 IMPORT SCENARIO FOR HS CODE 853710-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION) 73
5.10.2 EXPORT SCENARIO 73
FIGURE 31 EXPORTS, BY KEY COUNTRY, 2018–2022 (USD MILLION) 73
TABLE 7 EXPORT SCENARIO FOR HS CODE 853710-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION) 74
5.11 KEY CONFERENCES AND EVENTS (2024) 74
5.12 CASE STUDY ANALYSIS 76
5.12.1 HONEYWELL ADVANCES DECARBONIZATION OBJECTIVES AT ROMANIA FACILITY 76
TABLE 8 ENERGY SOLUTION IMPLEMENTED AT LUGOJ PLANT TO ENHANCE RESILIENCE AND REDUCE EMISSIONS 76
5.12.2 SEL INSTALLS MICROGRID CONTROL SYSTEM AT MONTCLAIR STATE UNIVERSITY 77
TABLE 9 ENHANCED ENERGY EFFICIENCY AND RELIABILITY AT MONTCLAIR STATE UNIVERSITY 77
5.12.3 PXISE IMPLEMENTS AUTONOMOUS MICROGRID SOLUTION ON MARTHA’S VINEYARD 77
TABLE 10 REVOLUTIONIZED TRANSIT RESILIENCE THROUGH ADVANCED MICROGRID CONTROL IN MARTHA’S VINEYARD 77
5.13 REGULATORY LANDSCAPE 78
TABLE 11 MFN TARIFF FOR HS CODE 853710 EXPORTED BY GERMANY (2023) 78
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
TABLE 15 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
5.14 PORTER’S FIVE FORCES ANALYSIS 82
FIGURE 32 MICROGRID CONTROLLER MARKET: PORTER’S FIVE FORCES ANALYSIS 82
TABLE 16 PORTER’S FIVE FORCES ANALYSIS AND IMPACT 83
5.14.1 INTENSITY OF COMPETITIVE RIVALRY 83
5.14.2 THREAT OF NEW ENTRANTS 83
5.14.3 THREAT OF SUBSTITUTES 83
5.14.4 BARGAINING POWER OF BUYERS 83
5.14.5 BARGAINING POWER OF SUPPLIERS 84
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 84
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 84
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER 84
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USER (%) 84
5.15.2 BUYING CRITERIA 85
FIGURE 34 KEY BUYING CRITERIA, BY END USER 85
TABLE 18 KEY BUYING CRITERIA, BY END USER 85
6 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY 86
6.1 INTRODUCTION 87
FIGURE 35 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY 87
FIGURE 36 GRID-CONNECTED SEGMENT TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD 88
TABLE 19 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 88
TABLE 20 MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 88
6.2 GRID-CONNECTED 89
6.2.1 INCREASE IN DEPLOYMENT OF UTILITY GRID TRANSMISSION LINES TO BOOST MARKET 89
TABLE 21 GRID-CONNECTED: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 89
TABLE 22 GRID-CONNECTED: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 90
6.3 OFF-GRID 90
6.3.1 EXPANSION OF OFF-GRID SOLAR INITIATIVES TO CREATE NEW OPPORTUNITIES 90
TABLE 23 OFF-GRID: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 91
TABLE 24 OFF-GRID: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 91
7 MICROGRID CONTROLLER MARKET, BY OFFERING 92
7.1 INTRODUCTION 93
FIGURE 37 MICROGRID CONTROLLER MARKET, BY OFFERING 93
FIGURE 38 SOFTWARE & SERVICES TO DOMINATE DURING FORECAST PERIOD FROM 2024–2029 93
TABLE 25 MICROGRID CONTROLLER MARKET, BY OFFERING, 2020–2023 (USD MILLION) 94
TABLE 26 MICROGRID CONTROLLER MARKET, BY OFFERING, 2024–2029 (USD MILLION) 94
7.2 HARDWARE 94
7.2.1 GROWTH OPPORTUNITIES IN HARDWARE AND COMMUNICATION SYSTEMS 94
TABLE 27 HARDWARE: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 95
TABLE 28 HARDWARE: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 95
7.3 SOFTWARE & SERVICES 95
7.3.1 OPTIMIZED ENERGY MANAGEMENT POSSIBLE WITH MICROGRID CONTROLLER SOFTWARE & SERVICES 95
TABLE 29 SOFTWARE & SERVICES: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 96
TABLE 30 SOFTWARE & SERVICES: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 96
8 MICROGRID CONTROLLER MARKET, BY END USER 97
8.1 INTRODUCTION 98
FIGURE 39 MICROGRID CONTROLLER MARKET, BY END USER 98
TABLE 31 MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 99
TABLE 32 MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 99
FIGURE 40 COMMERCIAL & INDUSTRIAL SEGMENT TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD 100
8.2 COMMERCIAL & INDUSTRIAL 100
8.2.1 APPLICATIONS ACROSS VARIOUS SETTINGS TO DRIVE SEGMENT 100
FIGURE 41 COMMERCIAL & INDUSTRIAL SEGMENT IN ASIA PACIFIC TO RECORD FASTEST GROWTH DURING FORECAST PERIOD 101
TABLE 33 COMMERCIAL & INDUSTRIAL: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 101
TABLE 34 COMMERCIAL & INDUSTRIAL: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 102
8.3 REMOTE AREAS 102
8.3.1 ABSENCE OF PRIMARY UTILITY GRID SYSTEMS TO DRIVE ADOPTION IN REMOTE AREAS 102
TABLE 35 REMOTE AREAS: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 103
TABLE 36 REMOTE AREAS: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 103
8.4 MILITARY 103
8.4.1 EXTENSIVE ADOPTION OF MICROGRIDS FOR ENHANCED ENERGY SECURITY AND RESILIENCE 103
TABLE 37 MILITARY: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 104
TABLE 38 MILITARY: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 104
8.5 GOVERNMENT 105
8.5.1 RISING DEMAND FOR CLEAN ENERGY FROM GOVERNMENT SECTOR 105
TABLE 39 GOVERNMENT: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 105
TABLE 40 GOVERNMENT: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 105
8.6 UTILITIES 106
8.6.1 UTILITY INVESTMENTS AND PARTNERSHIPS DRIVE MICROGRID ADVANCEMENTS 106
TABLE 41 UTILITIES: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 106
TABLE 42 UTILITIES: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 107
8.7 INSTITUTES & CAMPUSES 107
8.7.1 NEED FOR ADVANCED SOLUTIONS FOR RELIABLE POWER AND SUSTAINABILITY TO FUEL SEGMENT 107
TABLE 43 INSTITUTES & CAMPUSES: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 44 INSTITUTES & CAMPUSES: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 108
8.8 HEALTHCARE 108
8.8.1 ENHANCED RESILIENCE AMIDST GRID INSTABILITY – KEY REASON FOR ADOPTION 108
TABLE 45 HEALTHCARE: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 46 HEALTHCARE: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 109
9 MICROGRID CONTROLLER MARKET, BY REGION 110
9.1 INTRODUCTION 111
FIGURE 42 AMERICAS TO ACCOUNT FOR LARGEST SHARE OF MICROGRID CONTROLLER MARKET THROUGH 2029 111
TABLE 47 MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 48 MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 112
TABLE 49 MICROGRID INSTALLED CAPACITY, BY REGION, 2020–2023 (MW) 112
TABLE 50 MICROGRID INSTALLED CAPACITY, BY REGION, 2024–2029 (MW) 112
9.2 AMERICAS 113
FIGURE 43 AMERICAS: MICROGRID CONTROLLER MARKET SNAPSHOT 114
TABLE 51 AMERICAS: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 52 AMERICAS: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 115
TABLE 53 AMERICAS: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 115
TABLE 54 AMERICAS: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 115
TABLE 55 AMERICAS: MICROGRID CONTROLLER MARKET, BY OFFERING, 2020–2023 (USD MILLION) 116
TABLE 56 AMERICAS: MICROGRID CONTROLLER MARKET, BY OFFERING, 2024–2029 (USD MILLION) 116
TABLE 57 AMERICAS: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 116
TABLE 58 AMERICAS: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 117
9.2.1 AMERICAS: RECESSION IMPACT 117
9.2.2 NORTH AMERICA 117
TABLE 59 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 118
TABLE 60 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 118
TABLE 61 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 118
TABLE 62 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 119
TABLE 63 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 119
TABLE 64 NORTH AMERICA: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 119
9.2.2.1 US 120
9.2.2.1.1 Emergence of key players and increasing utilization of renewable energy sources to boost market 120
9.2.2.2 Canada 121
9.2.2.2.1 Advancements in microgrid controller technology and sustainable energy initiatives to drive market 121
9.2.2.3 Mexico 122
9.2.2.3.1 Critical facilities being empowered with microgrid technology 122
9.2.3 SOUTH AMERICA 122
TABLE 65 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 122
TABLE 66 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 122
TABLE 67 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 123
TABLE 68 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 123
TABLE 69 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 123
TABLE 70 SOUTH AMERICA: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 124
9.3 EUROPE 124
FIGURE 44 EUROPE: MICROGRID CONTROLLER MARKET SNAPSHOT 125
TABLE 71 EUROPE: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 125
TABLE 72 EUROPE: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 126
TABLE 73 EUROPE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 126
TABLE 74 EUROPE: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 126
TABLE 75 EUROPE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2020–2023 (USD MILLION) 126
TABLE 76 EUROPE: MICROGRID CONTROLLER MARKET, BY OFFERING, 2024–2029 (USD MILLION) 127
TABLE 77 EUROPE: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 127
TABLE 78 EUROPE: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 127
9.3.1 EUROPE: RECESSION IMPACT 128
9.3.2 GERMANY 128
9.3.2.1 Leading role in microgrid adoption and government-driven clean energy initiatives 128
TABLE 79 GERMANY: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 129
TABLE 80 GERMANY: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 129
9.3.3 FRANCE 129
9.3.3.1 Rising government investments to drive microgrid adoption 129
TABLE 81 FRANCE: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 130
TABLE 82 FRANCE: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 130
9.3.4 UK 130
9.3.4.1 Use of microgrids to mitigate waste heat from conventional energy systems 130
TABLE 83 UK: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 131
TABLE 84 UK: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 131
9.3.5 REST OF EUROPE 132
TABLE 85 REST OF EUROPE: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 132
TABLE 86 REST OF EUROPE: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 133
9.4 ASIA PACIFIC 133
FIGURE 45 ASIA PACIFIC: MICROGRID CONTROLLER MARKET SNAPSHOT 134
TABLE 87 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 135
TABLE 88 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 135
TABLE 89 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 135
TABLE 90 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 136
TABLE 91 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY OFFERING, 2020–2023 (USD MILLION) 136
TABLE 92 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY OFFERING, 2024–2029 (USD MILLION) 136
TABLE 93 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 137
TABLE 94 ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 137
9.4.1 ASIA PACIFIC: RECESSION IMPACT 137
9.4.2 CHINA 138
9.4.2.1 Rising government efforts to encourage adoption of clean energy 138
TABLE 95 CHINA: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 138
TABLE 96 CHINA: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 139
9.4.3 JAPAN 139
9.4.3.1 Increasing demand for reliable electricity supply to drive market 139
TABLE 97 JAPAN: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 139
TABLE 98 JAPAN: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 140
9.4.4 AUSTRALIA 140
9.4.4.1 Increasing adoption of microgrids driven by high cost of conventional grid electricity 140
TABLE 99 AUSTRALIA: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 141
TABLE 100 AUSTRALIA: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 141
9.4.5 INDIA 141
9.4.5.1 Increasing microgrid adoption driven by various government initiatives 141
TABLE 101 INDIA: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 142
TABLE 102 INDIA: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 143
9.4.6 REST OF ASIA PACIFIC 143
TABLE 103 REST OF ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 143
TABLE 104 REST OF ASIA PACIFIC: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 144
9.5 ROW 144
FIGURE 46 AFRICA PROJECTED TO HOLD LARGER SHARE OF ROW MICROGRID CONTROLLER MARKET 145
TABLE 105 ROW: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 145
TABLE 106 ROW: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 145
TABLE 107 ROW: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2020–2023 (USD MILLION) 146
TABLE 108 ROW: MICROGRID CONTROLLER MARKET, BY CONNECTIVITY, 2024–2029 (USD MILLION) 146
TABLE 109 ROW: MICROGRID CONTROLLER MARKET, BY OFFERING, 2020–2023 (USD MILLION) 146
TABLE 110 ROW: MICROGRID CONTROLLER MARKET, BY OFFERING, 2024–2029 (USD MILLION) 146
TABLE 111 ROW: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 147
TABLE 112 ROW: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 147
9.5.1 ROW: RECESSION IMPACT 147
9.5.2 MIDDLE EAST 148
9.5.2.1 Expansion of healthcare industry and increasing need for dependable electricity supply to boost market 148
TABLE 113 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY REGION, 2020–2023 (USD MILLION) 148
TABLE 114 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY REGION, 2024–2029 (USD MILLION) 148
TABLE 115 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 149
TABLE 116 MIDDLE EAST: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 149
9.5.2.2 GCC Countries 149
9.5.2.2.1 Need for advanced energy efficiency to boost market 149
9.5.2.3 Rest of Middle East 150
9.5.3 AFRICA 151
9.5.3.1 Need to modernize electricity infrastructure to fuel market 151
TABLE 117 AFRICA: MICROGRID CONTROLLER MARKET, BY END USER, 2020–2023 (USD MILLION) 151
TABLE 118 AFRICA: MICROGRID CONTROLLER MARKET, BY END USER, 2024–2029 (USD MILLION) 152
10 COMPETITIVE LANDSCAPE 153
10.1 OVERVIEW 153
10.2 KEY PLAYER STRATEGIES 153
TABLE 119 MICROGRID CONTROLLER MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY LEADING PLAYERS 153
10.3 REVENUE ANALYSIS, 2019–2023 155
FIGURE 47 MICROGRID CONTROLLER MARKET: REVENUE ANALYSIS OF FIVE KEY COMPANIES, 2019–2023 155
10.4 MARKET SHARE ANALYSIS, 2023 156
TABLE 120 MICROGRID CONTROLLER MARKET: DEGREE OF COMPETITION 156
FIGURE 48 MICROGRID CONTROLLER MARKET SHARE ANALYSIS, 2023 156
10.5 COMPANY VALUATION AND FINANCIAL METRICS 159
10.5.1 COMPANY VALUATION 159
FIGURE 49 MICROGRID CONTROLLER MARKET: COMPANY VALUATION, 2023 159
10.5.2 FINANCIAL METRICS 159
FIGURE 50 MICROGRID CONTROLLER MARKET: FINANCIAL METRICS, 2023 159
10.6 BRAND/PRODUCT COMPARISON 160
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 161
FIGURE 51 MICROGRID CONTROLLER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 161
10.7.1 STARS 162
10.7.2 PERVASIVE PLAYERS 162
10.7.3 EMERGING LEADERS 162
10.7.4 PARTICIPANTS 162
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 163
10.7.5.1 Company footprint 163
FIGURE 52 MICROGRID CONTROLLER MARKET: COMPANY FOOTPRINT 163
10.7.5.2 Region footprint 164
TABLE 121 MICROGRID CONTROLLER MARKET: REGIONAL FOOTPRINT 164
10.7.5.3 Offering footprint 164
TABLE 122 MICROGRID CONTROLLER MARKET: OFFERING FOOTPRINT 164
10.7.5.4 Connectivity footprint 165
TABLE 123 MICROGRID CONTROLLER MARKET: CONNECTIVITY FOOTPRINT 165
10.7.5.5 End user footprint 166
TABLE 124 MICROGRID CONTROLLER MARKET: END USER FOOTPRINT 166
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 167
FIGURE 53 MICROGRID CONTROLLER MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 167
10.8.1 PROGRESSIVE COMPANIES 167
10.8.2 RESPONSIVE COMPANIES 167
10.8.3 DYNAMIC COMPANIES 168
10.8.4 STARTING BLOCKS 168
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 168
10.8.5.1 Key startups/SMEs 168
TABLE 125 MICROGRID CONTROLLER MARKET: KEY STARTUPS/SMES 168
10.8.5.2 Competitive benchmarking of key startups/SMEs 169
TABLE 126 MICROGRID CONTROLLER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 169
10.9 COMPETITIVE SCENARIOS AND TRENDS 170
10.9.1 PRODUCT LAUNCHES 170
TABLE 127 MICROGRID CONTROLLER MARKET: PRODUCT LAUNCHES, SEPTEMBER 2022–FEBRUARY 2024 170
10.9.2 DEALS 170
TABLE 128 MICROGRID CONTROLLER MARKET: DEALS, SEPTEMBER 2022–FEBRUARY 2024 170
11 COMPANY PROFILES 172
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 INTRODUCTION 172
11.2 KEY PLAYERS 172
11.2.1 SCHNEIDER ELECTRIC 172
TABLE 129 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 173
FIGURE 54 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 173
TABLE 130 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 174
TABLE 131 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 174
TABLE 132 SCHNEIDER ELECTRIC: DEALS 175
11.2.2 GENERAL ELECTRIC 177
TABLE 133 GENERAL ELECTRIC: COMPANY OVERVIEW 177
FIGURE 55 GENERAL ELECTRIC: COMPANY SNAPSHOT 178
TABLE 134 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178
TABLE 135 GENERAL ELECTRIC: PRODUCT LAUNCHES 179
TABLE 136 GENERAL ELECTRIC: DEALS 180
11.2.3 ABB 182
TABLE 137 ABB: COMPANY OVERVIEW 182
FIGURE 56 ABB: COMPANY SNAPSHOT 183
TABLE 138 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 183
TABLE 139 ABB: PRODUCT LAUNCHES 184
TABLE 140 ABB: DEALS 185
11.2.4 SIEMENS 186
TABLE 141 SIEMENS: COMPANY OVERVIEW 186
FIGURE 57 SIEMENS: COMPANY SNAPSHOT 187
TABLE 142 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 187
TABLE 143 SIEMENS: DEALS 188
11.2.5 EATON 190
TABLE 144 EATON: COMPANY OVERVIEW 190
FIGURE 58 EATON: COMPANY SNAPSHOT 191
TABLE 145 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED 191
TABLE 146 EATON: DEALS 192
11.2.6 SCHWEITZER ENGINEERING LABORATORIES, INC. 195
TABLE 147 SCHWEITZER ENGINEERING LABORATORIES, INC.: COMPANY OVERVIEW 195
TABLE 148 SCHWEITZER ENGINEERING LABORATORIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 195
TABLE 149 SCHWEITZER ENGINEERING LABORATORIES, INC.: PRODUCT LAUNCHES 196
11.2.7 HONEYWELL INTERNATIONAL INC. 197
TABLE 150 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 197
FIGURE 59 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 198
TABLE 151 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 198
TABLE 152 HONEYWELL INTERNATIONAL INC.: DEALS 199
11.2.8 CATERPILLAR 200
TABLE 153 CATERPILLAR: COMPANY OVERVIEW 200
FIGURE 60 CATERPILLAR: COMPANY SNAPSHOT 201
TABLE 154 CATERPILLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 201
TABLE 155 CATERPILLAR: DEALS 202
11.2.9 S&C ELECTRIC COMPANY 203
TABLE 156 S&C ELECTRIC COMPANY: COMPANY OVERVIEW 203
TABLE 157 S&C ELECTRIC COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
11.2.10 POWER ANALYTICS CORPORATION 205
TABLE 158 POWER ANALYTICS CORPORATION: COMPANY OVERVIEW 205
TABLE 159 POWER ANALYTICS CORPORATION:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 206
11.3 OTHER PLAYERS 207
11.3.1 CUMMINS INC. 207
11.3.2 TESLA ENERGY (SUBSIDIARY OF TESLA) 208
11.3.3 EMERSON ELECTRIC CO. 209
11.3.4 HOMER ENERGY (UL LLC.) 210
11.3.5 HITACHI ENERGY LTD. 211
11.3.6 PARETO ENERGY 212
11.3.7 ENCORP 212
11.3.8 POWERHIVE 213
11.3.9 ENCHANTED ROCK 214
11.3.10 AUTOGRID SYSTEMS, INC 214
11.3.11 HEILA TECHNOLOGIES (KOHLER CO.) 215
11.3.12 AMERESCO, INC 216
11.3.13 POWERSECURE, INC. (SUBSIDIARY OF SOUTHERN COMPANY) 217
11.3.14 CANOPY POWER 217
11.3.15 SCALE MICROGRID SOLUTIONS LLC 218
11.3.16 SPIRAE, LLC 218
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX 219
12.1 INSIGHTS FROM INDUSTRY EXPERTS 219
12.2 DISCUSSION GUIDE 219
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 222
12.4 CUSTOMIZATION OPTIONS 224
12.5 RELATED REPORTS 224
12.6 AUTHOR DETAILS 225
Table of Contents
