Microgrid Control System Market size was valued at US$ 3.26 Bn. in 2022 and the total revenue is expected to grow at 13.01% CAGR through 2023 to 2029, reaching nearly US$ 7.69Bn.Microgrid Control System Market Overview:
The Microgrid Control System (MCS) allows distribution grid operators to integrate and optimise energy assets in order to lower the overall energy cost of a local distribution grid, also known as a Microgrid. The MCS is a simple but effective method for integrating fossil-fuel-based Distributed Energy Resources (DERs), renewable DERs, and energy storage to optimise the functioning of a local Microgrid and reduce total cost of ownership. The building of more efficient renewable grid networks has been aided by price reductions in distributed renewable power and battery technologies, as well as technology breakthroughs in energy management systems. As a result, smart grid technologies have progressed.To know about the Research Methodology :- Request Free Sample Report
Microgrid Control System Market Dynamics:
Increasing demand for reliable and secure power supply worldwide, Increasing government investments in microgrid projects, growing adoption of renewable energy sources are major driving factor of global system market. Governmental laws and regulatory uncertainty and high installation and maintenance cost of the microgrid control system are restraining factor of system market. Rising electrification projects in emerging economies and Advancement in IoT, as well as communication technologies, acts as a major opportunity to market. In developing and undeveloped countries, power failures and blackouts are highly common. India, for example, has a daily power interruption of about 30,000 MW. Microgrids are more efficient backup solutions as compared to typical backup methods. Microgrids can provide backup power for longer periods of time and can operate independently of the main grid. Microgrid backup solutions are predicted to become more popular among industries and consumers, boosting the market for systems. Schneider Electric, announced the availability of its EcoStruxure Microgrid Solution for small and medium buildings in Canada in January 2022, with the goal of increasing energy resiliency, lowering energy costs, and lowering carbon footprint across educational institutions, healthcare facilities, and industrial buildings.Microgrid Control System Market Segment Analysis:
Based on grid, Microgrid Control System market is segmented into Grid-connected, Off-Grid and Hybrid. The off grid segment dominates the market and it is expected to increase at a rapid pace, owing to growing electrification of rural and remote locations around the world, resulting in a high rate of remote microgrid control system adoption. Grid-connected technology is seeing considerable development in the Asia-Pacific region, with countries like Singapore and India investing in grid-connected technology for effective energy management. Based on component, based on raw material the Microgrid Control System market is segmented into hardware and software. During the projected period, the hardware segment is expected to increase at the fastest rate. Physical components such as the CPU module, digital input module, digital output module, analogue input/output module, local controller, and communication network make up the hardware components of the microgrid control system. The hardware section of the microgrid control system market will be driven by the growing number of microgrid projects in major power plants and strong demand from process industries such as manufacturing, oil and gas, mining, steel, and chemical. The fastest-growing markets for this area are developing economies in Asia Pacific.Regional Insights:
North America is the leading region in the worldwide microgrid control system market owing to increased emphasis on grid modernization. United States is expected to be the leading country in the microgrid control system market in North America thanks to increased investment in grid technology upgrades. The market in Canada has been growing as the country's smart grid projects have increased. For instance, Emerson is buying OSI Inc. for $1.6 billion, making it one of the country's largest providers of industrial, commercial, and residential automation and HVAC systems. According to Emerson's news statement, the all-cash deal is slated to close in early 2022 and will establish a "full electric utility system from generation to metering." The market in North America is expected to be pushed even farther by the implementation of a strict government regulatory framework. Asia Pacific is second largest market in microgrid control system. In Asia Pacific, countries such as China and India are heavily investing in electrification projects, moderation & up gradation of existing electric networks to meet the growing demand for electricity. Europe is also a lucrative market for microgrid control systems globally. Massive investments in electricity grid upgrading are being made. TenneT, the Dutch and German transmission provider, for example, wants to invest up to € 6 billion over the next three to five years. To fulfil the EU's new aim of reducing emissions by up to 55 % by 2030, the corporation is building new connections, reinforcing and expanding its grid, and modernizing its system operations. The objective of the report is to present a comprehensive analysis of the Global Microgrid Control System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted Market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include Market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Microgrid Control System Market dynamics, structure by analyzing the Market segments and project the Global Microgrid Control System Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Microgrid Control System Market make the report investor’s guide.Microgrid Control System Market Scope: Inquire before buying
Global Microgrid Control System Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 3.26 Bn. Forecast Period 2023 to 2029 CAGR: 13.01% Market Size in 2029: US $ 7.69 Bn. Segments Covered: by Grid Type Grid-connected Off-Grid Hybrid by Component Hardware Software by Application Utilities Cities & Municipalities Defense Industrial Others Microgrid Control System Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)Key Players are:
1.ABB 2.Eaton Corporation 3.Emerson 4.Etap 5.General Electric 6.Ontech Electric Corporation 7.Powersecure, Inc. 8.RT Soft 9.S&C Electric Company 10.Schneider Electric 11.Schweitzer Engineering Laboratories 12.Siemens 13.Spirae 14.Woodward, Inc. 15.Hitachi Ltd 16.Princeton Power Systems 17.Pareto Energy Ltd 18.Honeywell International Inc. 19.Northern Power Systems Corporation 20.Exelon CorporationFrequently Asked Questions:
1] What segments are covered in Global Microgrid Control System Market report? Ans. The segments covered in Global Market report are based on grid, component and Application. 2] Which region is expected to hold the highest share in the Global Microgrid Control System Market? Ans. North America is expected to hold the highest share in the Global Market. 3] What is the Market size of Global Microgrid Control System Market in 2029? Ans. The Market size of Global Market in the forecast period 2029 is US $ 7.69 Bn. 4] Who are the top key players in the Global Microgrid Control System Market? Ans. ABB, Eaton Corporation, Emerson, Etap, General Electric, Ontech Electric Corporation, Powersecure, Inc., RT Soft, S&C Electric Company, Schneider Electric, Schweitzer Engineering Laboratories 5] What was the Market size of Global Microgrid Control System Market in 2022? Ans. The Market size of Global Market in 2022 was US $ 3.26 Bn.
Global Microgrid Control Systems Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Microgrid Control Systems Size, by Market Value (US$ Bn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Global Microgrid Control Systems Market Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Microgrid Control Systems Market Analysis and Forecast 6.1. Global Microgrid Control Systems Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Microgrid Control Systems Market Analysis and Forecast, by Grid Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Microgrid Control Systems Market Value Share Analysis, by Grid Type 7.4. Global Microgrid Control Systems Market Size (US$ Bn) Forecast, by Grid Type 7.5. Global Microgrid Control Systems Market Analysis, by Grid Type 7.6. Global Microgrid Control Systems Market Attractiveness Analysis, by Grid Type 8. Global Microgrid Control Systems Market Analysis and Forecast, by Component 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Microgrid Control Systems Market Value Share Analysis, by Component 8.4. Global Microgrid Control Systems Market Size (US$ Bn) Forecast, by Component 8.5. Global Microgrid Control Systems Market Analysis, by Component 8.6. Global Microgrid Control Systems Market Attractiveness Analysis, by Component 9. Global Microgrid Control Systems Market Analysis and Forecast, by Application 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Microgrid Control Systems Market Value Share Analysis, by Application 9.4. Global Microgrid Control Systems Market Size (US$ Bn) Forecast, by Application 9.5. Global Microgrid Control Systems Market Analysis, by Application 9.6. Global Microgrid Control Systems Market Attractiveness Analysis, by Application 10. Global Microgrid Control Systems Market Analysis, by Region 10.1. Global Microgrid Control Systems Market Value Share Analysis, by Region 10.2. Global Microgrid Control Systems Market Size (US$ Bn) Forecast, by Region 10.3. Global Microgrid Control Systems Market Attractiveness Analysis, by Region 11. North America Microgrid Control Systems Market Analysis 11.1. Key Findings 11.2. North America Microgrid Control Systems Market Overview 11.3. North America Microgrid Control Systems Market Value Share Analysis, by Grid Type 11.4. North America Microgrid Control Systems Market Forecast, by Grid Type 11.4.1. Grid-connected 11.4.2. Off-Grid 11.4.3. Hybrid 11.5. North America Microgrid Control Systems Market Value Share Analysis, by Component 11.6. North America Microgrid Control Systems Market Forecast, by Component 11.6.1. Hardware 11.6.2. Software 11.7. North America Microgrid Control Systems Market Value Share Analysis, by Application 11.8. North America Microgrid Control Systems Market Forecast, by Application 11.8.1. Utilities 11.8.2. Cities & Municipalities 11.8.3. Defense 11.8.4. Industrial 11.8.5. Others 11.9. North America Microgrid Control Systems Market Value Share Analysis, by Country 11.10. North America Microgrid Control Systems Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Microgrid Control Systems Market Analysis, by Country 11.12. U.S. Microgrid Control Systems Market Forecast, by Grid Type 11.12.1. Grid-connected 11.12.2. Off-Grid 11.12.3. Hybrid 11.13. U.S. Microgrid Control Systems Market Forecast, by Component 11.13.1. Hardware 11.13.2. Software 11.14. U.S. Microgrid Control Systems Market Forecast, by Application 11.14.1. Utilities 11.14.2. Cities & Municipalities 11.14.3. Defense 11.14.4. Industrial 11.15. Canada Microgrid Control Systems Market Forecast, by Grid Type 11.15.1. Grid-connected 11.15.2. Off-Grid 11.15.3. Hybrid 11.16. Canada Microgrid Control Systems Market Forecast, by Component 11.16.1. Hardware 11.16.2. Software 11.17. Canada Microgrid Control Systems Market Forecast, by Application 11.17.1. Utilities 11.17.2. Cities & Municipalities 11.17.3. Defense 11.17.4. Industrial 11.17.5. Others 11.18. North America Microgrid Control Systems Market Attractiveness Analysis 11.18.1. By Grid Type 11.18.2. By Component 11.18.3. By Application 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Development 12. Europe Microgrid Control Systems Market Analysis 12.1. Key Findings 12.2. Europe Microgrid Control Systems Market Overview 12.3. Europe Microgrid Control Systems Market Value Share Analysis, by Grid Type 12.4. Europe Microgrid Control Systems Market Forecast, by Grid Type 12.4.1. Grid-connected 12.4.2. Off-Grid 12.4.3. Hybrid 12.4.4. Others 12.5. Europe Microgrid Control Systems Market Value Share Analysis, by Component 12.6. Europe Microgrid Control Systems Market Forecast, by Component 12.6.1. Hardware 12.6.2. Software 12.7. Europe Microgrid Control Systems Market Value Share Analysis, by Application 12.8. Europe Microgrid Control Systems Market Forecast, by Application 12.8.1. Utilities 12.8.2. Cities & Municipalities 12.8.3. Defense 12.8.4. Industrial 12.8.5. Others 12.8.6. Europe Microgrid Control Systems Market Value Share Analysis, by Country 12.9. Europe Microgrid Control Systems Market Forecast, by Country 12.9.1. Germany 12.9.2. U.K. 12.9.3. France 12.9.4. Italy 12.9.5. Spain 12.9.6. Rest of Europe 12.10. Europe Microgrid Control Systems Market Analysis, by Country 12.11. Germany Microgrid Control Systems Market Forecast, by Grid Type 12.11.1. Grid-connected 12.11.2. Off-Grid 12.11.3. Hybrid 12.12. Germany Microgrid Control Systems Market Forecast, by Component 12.12.1. Hardware 12.12.2. Software 12.13. Germany Microgrid Control Systems Market Forecast, by Application 12.13.1. Utilities 12.13.2. Cities & Municipalities 12.13.3. Defense 12.13.4. Industrial 12.13.5. Others 12.14. U.K. Microgrid Control Systems Market Forecast, by Grid Type 12.14.1. Grid-connected 12.14.2. Off-Grid 12.14.3. Hybrid 12.15. U.K. Microgrid Control Systems Market Forecast, by Component 12.15.1. Hardware 12.15.2. Software 12.16. U.K. Microgrid Control Systems Market Forecast, by Application 12.16.1. Utilities 12.16.2. Cities & Municipalities 12.16.3. Defense 12.16.4. Industrial 12.16.5. Others 12.17. France Microgrid Control Systems Market Forecast, by Grid Type 12.17.1. Grid-connected 12.17.2. Off-Grid 12.17.3. Hybrid 12.18. France Microgrid Control Systems Market Forecast, by Component 12.18.1. Hardware 12.18.2. Software 12.19. France Microgrid Control Systems Market Forecast, by Application 12.19.1. Utilities 12.19.2. Cities & Municipalities 12.19.3. Defense 12.19.4. Industrial 12.19.5. Others 12.20. Italy Microgrid Control Systems Market Forecast, by Grid Type 12.20.1. Grid-connected 12.20.2. Off-Grid 12.20.3. Hybrid 12.21. Italy Microgrid Control Systems Market Forecast, by Component 12.21.1. Hardware 12.21.2. Software 12.22. Italy Microgrid Control Systems Market Forecast, by Application 12.22.1. Utilities 12.22.2. Cities & Municipalities 12.22.3. Defense 12.22.4. Industrial 12.22.5. Others 12.23. Spain Microgrid Control Systems Market Forecast, by Grid Type 12.23.1. Grid-connected 12.23.2. Off-Grid 12.23.3. Hybrid 12.24. Spain Microgrid Control Systems Market Forecast, by Component 12.24.1. Hardware 12.24.2. Software 12.25. Spain Microgrid Control Systems Market Forecast, by Application 12.25.1. Utilities 12.25.2. Cities & Municipalities 12.25.3. Defense 12.25.4. Industrial 12.25.5. Others 12.26. Rest of Europe Microgrid Control Systems Market Forecast, by Grid Type 12.26.1. Grid-connected 12.26.2. Off-Grid 12.26.3. Hybrid 12.27. Rest of Europe Microgrid Control Systems Market Forecast, by Component 12.27.1. Hardware 12.27.2. Software 12.28. Rest of Europe Microgrid Control Systems Market Forecast, by Application 12.28.1. Utilities 12.28.2. Cities & Municipalities 12.28.3. Defense 12.28.4. Industrial 12.28.5. Others 12.29. Europe Microgrid Control Systems Market Attractiveness Analysis 12.29.1. By Grid Type 12.29.2. By Component 12.29.3. By Application 12.30. PEST Analysis 12.31. Key Trend 12.32. Key Development 13. Asia Pacific Microgrid Control Systems Market Analysis 13.1. Key Findings 13.2. Asia Pacific Microgrid Control Systems Market Overview 13.3. Asia Pacific Microgrid Control Systems Market Value Share Analysis, by Grid Type 13.4. Asia Pacific Microgrid Control Systems Market Forecast, by Grid Type 13.4.1. Grid-connected 13.4.2. Off-Grid 13.4.3. Hybrid 13.5. Asia Pacific Microgrid Control Systems Market Value Share Analysis, by Component 13.6. Asia Pacific Microgrid Control Systems Market Forecast, by Component 13.6.1. Hardware 13.6.2. Software 13.7. Asia Pacific Microgrid Control Systems Market Value Share Analysis, by Application 13.8. Asia Pacific Microgrid Control Systems Market Forecast, by Application 13.8.1. Utilities 13.8.2. Cities & Municipalities 13.8.3. Defense 13.8.4. Industrial 13.8.5. Others 13.9. Asia Pacific Microgrid Control Systems Market Value Share Analysis, by Country 13.10. Asia Pacific Microgrid Control Systems Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific Microgrid Control Systems Market Analysis, by Country 13.12. China Microgrid Control Systems Market Forecast, by Grid Type 13.12.1. Grid-connected 13.12.2. Off-Grid 13.12.3. Hybrid 13.13. China Microgrid Control Systems Market Forecast, by Component 13.13.1. Hardware 13.13.2. Software 13.14. China Microgrid Control Systems Market Forecast, by Application 13.14.1. Utilities 13.14.2. Cities & Municipalities 13.14.3. Defense 13.14.4. Industrial 13.15. India Microgrid Control Systems Market Forecast, by Grid Type 13.15.1. Grid-connected 13.15.2. Off-Grid 13.15.3. Hybrid 13.16. India Microgrid Control Systems Market Forecast, by Component 13.16.1. Hardware 13.16.2. Software 13.17. India Microgrid Control Systems Market Forecast, by Application 13.17.1. Utilities 13.17.2. Cities & Municipalities 13.17.3. Defense 13.17.4. Industrial 13.17.5. Others 13.18. Japan Microgrid Control Systems Market Forecast, by Grid Type 13.18.1. Grid-connected 13.18.2. Off-Grid 13.18.3. Hybrid 13.19. Japan Microgrid Control Systems Market Forecast, by Component 13.19.1. Hardware 13.19.2. Software 13.20. Japan Microgrid Control Systems Market Forecast, by Application 13.20.1. Utilities 13.20.2. Cities & Municipalities 13.20.3. Defense 13.20.4. Industrial 13.20.5. Others 13.21. ASEAN Microgrid Control Systems Market Forecast, by Grid Type 13.21.1. Grid-connected 13.21.2. Off-Grid 13.21.3. Hybrid 13.22. ASEAN Microgrid Control Systems Market Forecast, by Component 13.22.1. Hardware 13.22.2. Software 13.23. ASEAN Microgrid Control Systems Market Forecast, by Application 13.23.1. Utilities 13.23.2. Cities & Municipalities 13.23.3. Defense 13.23.4. Industrial 13.23.5. Others 13.24. Rest of Asia Pacific Microgrid Control Systems Market Forecast, by Grid Type 13.24.1. Grid-connected 13.24.2. Off-Grid 13.24.3. Hybrid 13.25. Rest of Asia Pacific Microgrid Control Systems Market Forecast, by Component 13.25.1. Hardware 13.25.2. Software 13.26. Rest of Asia Pacific Microgrid Control Systems Market Forecast, by Application 13.26.1. Utilities 13.26.2. Cities & Municipalities 13.26.3. Defense 13.26.4. Industrial 13.26.5. Others 13.27. Asia Pacific Microgrid Control Systems Market Attractiveness Analysis 13.27.1. By Grid Type 13.27.2. By Component 13.27.3. By Application 13.28. PEST Analysis 13.29. Key Trend 13.30. Key Development 14. Middle East & Africa Microgrid Control Systems Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Microgrid Control Systems Market Overview 14.3. Middle East & Africa Microgrid Control Systems Market Value Share Analysis, by Grid Type 14.4. Middle East & Africa Microgrid Control Systems Market Forecast, by Grid Type 14.4.1. Grid-connected 14.4.2. Off-Grid 14.4.3. Hybrid 14.5. Middle East & Africa Microgrid Control Systems Market Value Share Analysis, by Component 14.6. Middle East & Africa Microgrid Control Systems Market Forecast, by Component 14.6.1. Hardware 14.6.2. Software 14.7. Middle East & Africa Microgrid Control Systems Market Value Share Analysis, by Application 14.8. Middle East & Africa Microgrid Control Systems Market Forecast, by Application 14.8.1. Utilities 14.8.2. Cities & Municipalities 14.8.3. Defense 14.8.4. Industrial 14.8.5. Others 14.9. Middle East & Africa Microgrid Control Systems Market Value Share Analysis, by Country 14.10. Middle East & Africa Microgrid Control Systems Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa Microgrid Control Systems Market Analysis, by Country 14.12. GCC Microgrid Control Systems Market Forecast, by Grid Type 14.12.1. Grid-connected 14.12.2. Off-Grid 14.12.3. Hybrid 14.13. GCC Microgrid Control Systems Market Forecast, by Component 14.13.1. Hardware 14.13.2. Software 14.14. GCC Microgrid Control Systems Market Forecast, by Application 14.14.1. Utilities 14.14.2. Cities & Municipalities 14.14.3. Defense 14.14.4. Industrial 14.14.5. Others 14.15. South Africa Microgrid Control Systems Market Forecast, by Grid Type 14.15.1. Grid-connected 14.15.2. Off-Grid 14.15.3. Hybrid 14.16. South Africa Microgrid Control Systems Market Forecast, by Component 14.16.1. Hardware 14.16.2. Software 14.17. South Africa Microgrid Control Systems Market Forecast, by Application 14.17.1. Utilities 14.17.2. Cities & Municipalities 14.17.3. Defense 14.17.4. Industrial 14.17.5. Others 14.18. Rest of Middle East & Africa Microgrid Control Systems Market Forecast, by Grid Type 14.18.1. Grid-connected 14.18.2. Off-Grid 14.18.3. Hybrid 14.19. Rest of Middle East & Africa Microgrid Control Systems Market Forecast, by Component 14.19.1. Hardware 14.19.2. Software 14.20. Rest of Middle East & Africa Microgrid Control Systems Market Forecast, by Application 14.20.1. Utilities 14.20.2. Cities & Municipalities 14.20.3. Defense 14.20.4. Industrial 14.20.5. Others 14.21. Middle East & Africa Microgrid Control Systems Market Attractiveness Analysis 14.21.1. By Grid Type 14.21.2. By Component 14.21.3. By Application 14.22. PEST Analysis 14.23. Key Trend 14.24. Key Development 15. South America Microgrid Control Systems Market Analysis 15.1. Key Findings 15.2. South America Microgrid Control Systems Market Overview 15.3. South America Microgrid Control Systems Market Value Share Analysis, by Grid Type 15.4. South America Microgrid Control Systems Market Forecast, by Grid Type 15.4.1. Grid-connected 15.4.2. Off-Grid 15.4.3. Hybrid 15.5. South America Microgrid Control Systems Market Value Share Analysis, by Component 15.6. South America Microgrid Control Systems Market Forecast, by Component 15.6.1. Hardware 15.6.2. Software 15.7. South America Microgrid Control Systems Market Value Share Analysis, by Application 15.8. South America Microgrid Control Systems Market Forecast, by Application 15.8.1. Utilities 15.8.2. Cities & Municipalities 15.8.3. Defense 15.8.4. Industrial 15.8.5. Others 15.9. South America Microgrid Control Systems Market Value Share Analysis, by Country 15.10. South America Microgrid Control Systems Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America Microgrid Control Systems Market Analysis, by Country 15.12. Brazil Microgrid Control Systems Market Forecast, by Grid Type 15.12.1. Grid-connected 15.12.2. Off-Grid 15.12.3. Hybrid 15.13. Brazil Microgrid Control Systems Market Forecast, by Component 15.13.1. Hardware 15.13.2. Software 15.14. Brazil Microgrid Control Systems Market Forecast, by Application 15.14.1. Utilities 15.14.2. Cities & Municipalities 15.14.3. Defense 15.14.4. Industrial 15.14.5. Others 15.15. Mexico Microgrid Control Systems Market Forecast, by Grid Type 15.15.1. Grid-connected 15.15.2. Off-Grid 15.15.3. Hybrid 15.16. Mexico Microgrid Control Systems Market Forecast, by Component 15.16.1. Hardware 15.16.2. Software 15.17. Mexico Microgrid Control Systems Market Forecast, by Application 15.17.1. Utilities 15.17.2. Cities & Municipalities 15.17.3. Defense 15.17.4. Industrial 15.17.5. Others 15.18. Rest of South America Microgrid Control Systems Market Forecast, by Grid Type 15.18.1. Grid-connected 15.18.2. Off-Grid 15.18.3. Hybrid 15.19. Rest of South America Microgrid Control Systems Market Forecast, by Component 15.19.1. Hardware 15.19.2. Software 15.20. Rest of South America Microgrid Control Systems Market Forecast, by Application 15.20.1. Utilities 15.20.2. Cities & Municipalities 15.20.3. Defense 15.20.4. Industrial 15.20.5. Others 15.21. South America Microgrid Control Systems Market Attractiveness Analysis 15.21.1. By Grid Type 15.21.2. By Component 15.21.3. By Application 15.22. PEST Analysis 15.23. Key Trend 15.24. Key Development 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. ABB 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 1.1.1.1. Manufacturing Footprint 16.3.2. Eaton Corporation 16.3.3. Emerson 16.3.4. Etap 16.3.5. General Electric 16.3.6. Ontech Electric Corporation 16.3.7. Powersecure, Inc. 16.3.8. RT Soft 16.3.9. S&C Electric Company 16.3.10. Schneider Electric 16.3.11. Schweitzer Engineering Laboratories 16.3.12. Siemens 16.3.13. Spirae 16.3.14. Woodward, Inc. 16.3.15. Hitachi Ltd 16.3.16. Princeton Power Systems 16.3.17. Pareto Energy Ltd 16.3.18. Honeywell International Inc. 16.3.19. Northern Power Systems Corporation 16.3.20. Exelon Corporation 17. Primary Key Insights