Microgrid Controller Market

Microgrid Controller Companies - Schneider Electric (France) and General Electric (US) are the Key Players

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. The major players in the microgrid controller market includes 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).

To know about the assumptions considered for the study download the pdf brochure

Schneider Electric

Schneider Electric specializes in the manufacturing of industrial engineering equipment, power distribution systems, and automation systems. As a leading global provider of energy management and automation solutions, the company serves clients across the public, commercial, and industrial sectors worldwide. Its comprehensive offerings encompass hardware, software, and services tailored to energy management and automation systems. With a presence in approximately 100 countries spanning Europe, North America, Asia Pacific, and other regions, Schneider Electric operates through two primary segments: energy management and industrial automation.

Major Microgrid Controller companies include:

  • 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)
  • Spirae, LLC (US).

Under the energy management segment, the company delivers an integrated technology suite facilitated by EcoStruxure, comprising low voltage, medium voltage, and secure power solutions. EcoStruxure, a cloud-based data center infrastructure management (DCIM) software platform, furnishes real-time insights into clients' data centers, network closets, and branch IT infrastructure. Schneider Electric's strategic focus encompasses four key markets: buildings, data centers, industries, and infrastructure, supported by a robust global partner network.

The industrial automation segment encompasses activities related to the industrial Internet of Things (IoT) and industrial control systems (ICS) across discrete, process, and hybrid industries. In the field of microgrid solutions, Schneider Electric offers a range of services, including power monitoring solutions, energy performance services, energy management and sustainability software, and invoice and data management, among others.

General Electric

General Electric stands as a prominent global high-tech industrial firm, renowned for its diverse portfolio of products and services catering to power generation, aircraft engines, medical imaging, industrial applications, and oil & gas facilities. Established in 1892 through the merger of Edison General Electric Company and Thomson-Houston Electric Company, GE operates through distinct business segments encompassing aerospace, renewable energy, power, and corporate functions. Within its renewable energy division, General Electric offers microgrid solutions, empowering power utilities and industries worldwide to deliver safe, reliable, and efficient power to end consumers. Through its grid solutions under renewable energy, GE addresses the complexities of the energy transition by seamlessly integrating renewable and distributed energy resources into the grid, thereby fostering grid resiliency, and ensuring energy accessibility to critical infrastructure and remote communities. GE's microgrid solutions amalgamate cutting-edge equipment, intelligent controls, communication systems, and advanced visualization software to monitor, track, and predict load and energy generation within microgrid networks.

With a global footprint in over 180 countries, including key regions like Algeria, Egypt, Kenya, the Americas, Asia, and others, General Electric operates 162 manufacturing plants in the US and Puerto Rico and an additional 297 manufacturing plants across 41 other countries. General Electric subsidiaries, such as GE Digital, GE Research, GE Power, GE Renewable Energy, GE Aviation, and GE Capital, contribute to its comprehensive presence in various industries.

ABB

ABB is a pioneering force in technology, specializing in electrification, motion, process automation, and robotics & discrete automation. Operating globally, the company caters to the utilities, industrial, transportation, and infrastructure sectors, maintaining a presence in approximately 100 countries spanning the Americas, Europe, the Middle East & Africa, and Asia. Key subsidiaries include ABB AG (Austria), ABB India Ltd. (India), ABB Ltd. Beijing (China), ABB Κ.Κ. Tokyo (Japan), ABB Ltd. Warrington (UK), ABB Inc. Cary, NC (US), and ABB Ltd. Bangkok (Thailand).

ABB operates through four principal business segments: electrification, motion, process automation, and robotics & discrete automation. Within its Electrification division, the company offers leading electrical distribution and management technologies, solutions, and services aimed at powering the world safely, intelligently, and sustainably. The company provides microgrid solutions, boasting expertise in both off-grid and grid-connected microgrid design and construction. Its comprehensive portfolio encompasses a wide array of technologies, ranging from conventional and renewable power generation to automation, grid stabilization, grid connection, energy storage, and intelligent controls. ABB also extends consulting and other services to support microgrid development.

With its Smart Power Solutions, ABB spearheads energy innovation and explores novel methods of energy utilization, catering to diverse entities ranging from commercial and industrial sites seeking economic opportunities to utilities, service providers, marine vessels, and communities striving for sustainable energy solutions.

ABB's microgrid solutions empower operators in the microgrid electricity market to manage and coordinate distributed energy resources among their customers, incentivizing their participation in providing services to the broader grid. The company offers a comprehensive range of products, services, and solutions, including microgrid power management solutions, microgrid power management controllers, and microgrid smart power solutions.

Siemens

Siemens stands as a prominent player in the electrical and electronics engineering sector, renowned for its provision of cutting-edge automation technologies and digital services tailored to ensure the safety, security, and efficiency of buildings and infrastructure worldwide. Offering a comprehensive array of products, solutions, services, and software spanning fire safety, security, building automation, heating, ventilation, air conditioning, and energy management, the company boasts an extensive global clientele.
With a presence spanning approximately 200 countries across the Americas, Europe, Asia Pacific, the Middle East, and Africa, Siemens operates through six primary segments: digital industries, siemens healthineers, smart infrastructure, mobility, portfolio companies, and siemens financial services. Within its smart infrastructure segment, Siemens offers microgrid control and microgrid management solutions (MGMS), catering to the power needs of campuses, military installations, commercial and industrial facilities, remote areas, and islands.

Key subsidiaries of the company include Siemens Bank GmbH (Germany), Siemens Healthcare Diagnostics GmbH (Germany), Siemens Wind Power A/S (Denmark), Siemens Health Care LLC (Egypt), Siemens Limited (Ireland), and Siemens Industry Software S. (Italy).

Eaton

Eaton, a multinational power management entity, specializes in providing microgrid energy systems to empower companies in achieving electrical energy savings, ensuring grid resilience, and attaining independence from traditional utilities. Structured across five segments—Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility—Eaton offerings encompass microgrid products, solutions, and services, primarily under its Electrical divisions, tailored for both, domestic and international markets.

Under the electrical Americas segment, Eaton delivers a range of electrical components, industrial products, power distribution solutions, and associated services, predominantly catering to the North and South American markets. Meanwhile, the electrical global segment focuses on similar offerings, serving regions beyond North and South America. Through these segments, Eaton provides comprehensive power distribution systems, electrical equipment, intrinsically safe explosion-proof instruments, utility distribution systems, power reliability solutions, and associated services. Operating across approximately 284 manufacturing facilities spanning 42 countries, the company boasts a workforce of around 92,000 employees across 60 nations (as of 2022). With a global outreach, Eaton serves customers in more than 175 countries worldwide.

Related Reports:

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

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Microgrid Controller Market Size,  Share & Growth Report
Report Code
SE 6903
RI Published ON
3/19/2024
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status