Microgrid Control System Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Report ID: GMI3493

Summary Methodology

Growing environmental measures in line with strict regulations to curb GHG emissions have aligned industry inclination toward the incorporation of efficient energy conservation systems. Operational & regulatory re-structuring across eminent power markets supported by ongoing product advancements in the fields of technological efficiency, flexibility and operation have been focal point for this evolution. Moreover, advanced power distributed generation systems in line with the rapid development of renewable electric infrastructure will stimulate the microgrid control system market.

In the current industry scenario, manufacturers across the power industry have continuously been focusing on improving environmental compatibility, low installation costs, microgrid operations and power output. Henceforth, significant upgrades & variations in manufacturing practices along with cost-competitiveness will energize the global microgrid control system market growth. Furthermore, growth of micro-grid network for large-scale renewable incorporation has infused a favorable business scenario in emerging nations across the globe.

Regulators across the world have been focused on the development and expansion of reforms, schemes and plans to favor microgrid installation. Introduction of energy efficient accord, portfolio standards, clean energy drives, renewable certificates and green bonds are a few government mandates driving the overall microgrid control system market growth. Although, the industrial and regulatory prospects pose immense growth potential, the industry witnesses marginal growth owing to the persisting financial barriers.

Stringent schemes and initiatives with reference to the capping of FiT’s in the current industry scenario have obstructed microgrid deployments across European nations. However, government has continuously focused towards distributed power storage technologies in line with the provision of fund flow grants. In addition to the conventional measures across all the European countries, the EU Commission has imposed numerous governmental measures to support renewable integration which in turn will boost the microgrid control system market.

Reforms including subsidies, feed-in tariff (FiT’s), favored by strict regulatory measures toward the integration and manufacture of effective microgrid technologies will further complement the microgrid control system market. Furthermore, government strategies with an aim to favor commercial & industrial deployments positively influenced by incremental energy efficient accord will augment the technological adoption.

High reliability, low engineering, integration & design cost coupled with easy installation are few indispensable parameters positively swaying the overall microgrid control system market. Furthermore, rising integration of self-generating power plants across the industrial peripherals including refineries, pulp & paper and petrochemicals will strengthen the industry landscape.

Eminent participants across the microgrid control system market includes ABB, GE, Siemens, Eaton, Emerson, Schneider, S&C Electric Company, RT Soft, Woodward Inc and others.

Product design and innovation coupled with extensive R&D activities with regard to renewable technologies are the key measures adopted by the eminent participants across the microgrid control system market. Decreasing capital cost in line with attaining economies of scale has further infused a positive strategic platform for the power industry players.

What Information does this report contain?

Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Single User: $5,150 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $7,150 Access for 2 to 5 users only within same department of one company
Enterprise User: $9,150 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Why Global Market Insights, Inc.?

Reliability & accuracy

  • GMI is unparalleled when to comes to the quality of research and information provided to clients. Our unique methodology is designed to ensure a minimum of 90% accuracy to give our clients excellent value on their investment.

Quality & trust

  • BBB Rating - Click to Verify

Customer service

  • Over 200 experts are available across various time-zones, ready to serve clients for their research needs. Our industry experts help clients to design reports customized to their needs.

Security & compliance

GMIPulse Subscription

An interactive business analytics platform; designed to assist clients in accessing and analyzing market data on real-time basis.

Start Your Free Trial
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X