The Europe Microgrid Controller Market would witness market growth of 21.6% CAGR during the forecast period (2022-2028).
Single-user and faculty microgrids, like those that serve a military base or an industrial site, have been around for decades. A microgrid's functionality is dependent on certain factors like the number of customers, type of loads, and connection type. Microgrids can supply power to a single building, several people in a small region, or a whole neighborhood.
The number of people a microgrid has to cater to decide the size of this machine. Microgrid sizes typically vary from 100 kW to several megawatts (MW). When it comes to loading types, microgrids can be categorized as general ones or community ones. A general-purpose microgrid offers or complements the services that consumers may otherwise acquire from the macrogrid.
A "community microgrid" serves the wider populace by running cell towers, fire and police stations, and emergency water and wastewater pumps. Community microgrids could also meet general purpose needs by supplying electricity to replace or enhance daily service from the macrogrid. An off-grid system must be a suitable power supply for its user because it is not connected to the macrogrid.
Some EU Framework Programs (FPs) support extensive R&D efforts that go hand in hand with microgrid development in the EU. Demonstration projects have been created since FP 5 with an emphasis on utility-scale multi-microgrid, control, and operation, as well as island and remote microgrid systems. The centralization of production and consumption in the European Union's electric power sector has negative effects on the economy, the environment, and technology.
The Germany market dominated the Europe Microgrid Controller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $804.7 million by 2028.The UK market is anticipated to grow at a CAGR of 20.6% during (2022 - 2028). Additionally, The France market would display a CAGR of 22.5% during (2022 - 2028).
Based on Connectivity, the market is segmented into Grid Connected and Off-grid Connected. Based on Offering, the market is segmented into Hardware, Software and Services. Based on End User, the market is segmented into Remote Areas, Commercial & Industrial, Military, Government, Utilities, Manufacturing and Healthcare. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Microgrid Controller Market will Hit $12.6 Billion by 2028, at a CAGR of 21.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, General Electric (GE) Co., Schneider Electric SE, ABB Group, Honeywell International, Inc., Eaton Corporation, Caterpillar, Inc., S&C Electric Company, Cummins, Inc., and Emerson Electric Co.
Scope of the Study
Market Segments Covered in the Report:
By Connectivity
- Grid Connected
- Off-grid Connected
By Offering
- Hardware
- Software
- Services
By End User
- Remote Areas
- Commercial & Industrial
- Military
- Government
- Utilities
- Manufacturing
- Healthcare
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- General Electric (GE) Co.
- Schneider Electric SE
- ABB Group
- Honeywell International, Inc.
- Eaton Corporation
- Caterpillar, Inc.
- S&C Electric Company
- Cummins, Inc.
- Emerson Electric Co.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Microgrid Controller Market, by Connectivity
1.4.2 Europe Microgrid Controller Market, by Offering
1.4.3 Europe Microgrid Controller Market, by End User
1.4.4 Europe Microgrid Controller Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2018, Jul – 2022, Aug) Leading Players
Chapter 4. Europe Microgrid Controller Market by Connectivity
4.1 Europe Grid Connected Market by Country
4.2 Europe Off-grid Connected Market by Country
Chapter 5. Europe Microgrid Controller Market by Offering
5.1 Europe Hardware Market by Country
5.2 Europe Software Market by Country
5.3 Europe Services Market by Country
Chapter 6. Europe Microgrid Controller Market by End User
6.1 Europe Remote Areas Market by Country
6.2 Europe Commercial & Industrial Market by Country
6.3 Europe Military Market by Country
6.4 Europe Government Market by Country
6.5 Europe Utilities Market by Country
6.6 Europe Manufacturing Market by Country
6.7 Europe Healthcare Market by Country
Chapter 7. Europe Microgrid Controller Market by Country
7.1 Germany Microgrid Controller Market
7.1.1 Germany Microgrid Controller Market by Connectivity
7.1.2 Germany Microgrid Controller Market by Offering
7.1.3 Germany Microgrid Controller Market by End User
7.2 UK Microgrid Controller Market
7.2.1 UK Microgrid Controller Market by Connectivity
7.2.2 UK Microgrid Controller Market by Offering
7.2.3 UK Microgrid Controller Market by End User
7.3 France Microgrid Controller Market
7.3.1 France Microgrid Controller Market by Connectivity
7.3.2 France Microgrid Controller Market by Offering
7.3.3 France Microgrid Controller Market by End User
7.4 Russia Microgrid Controller Market
7.4.1 Russia Microgrid Controller Market by Connectivity
7.4.2 Russia Microgrid Controller Market by Offering
7.4.3 Russia Microgrid Controller Market by End User
7.5 Spain Microgrid Controller Market
7.5.1 Spain Microgrid Controller Market by Connectivity
7.5.2 Spain Microgrid Controller Market by Offering
7.5.3 Spain Microgrid Controller Market by End User
7.6 Italy Microgrid Controller Market
7.6.1 Italy Microgrid Controller Market by Connectivity
7.6.2 Italy Microgrid Controller Market by Offering
7.6.3 Italy Microgrid Controller Market by End User
7.7 Rest of Europe Microgrid Controller Market
7.7.1 Rest of Europe Microgrid Controller Market by Connectivity
7.7.2 Rest of Europe Microgrid Controller Market by Offering
7.7.3 Rest of Europe Microgrid Controller Market by End User
Chapter 8. Company Profiles
8.1 General Electric (GE) Co.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.1 SWOT Analysis
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 ABB Group
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Eaton Corporation PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 Caterpillar, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 Cummins, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.5.2 Acquisition and Mergers:
8.8.5.3 Geographical Expansions:
8.9 Emerson Electric Co.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. S&C Electric Company
8.10.1 Company Overview
TABLE 1 Europe Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 2 Europe Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Microgrid Controller Market
TABLE 4 Product Launches And Product Expansions– Microgrid Controller Market
TABLE 5 Acquisition and Mergers– Microgrid Controller Market
TABLE 6 gEOGRAPHICAL eXPANSIONS– Microgrid Controller Market
TABLE 7 Europe Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 8 Europe Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 9 Europe Grid Connected Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Grid Connected Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Off-grid Connected Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Off-grid Connected Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 14 Europe Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 15 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 22 Europe Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 23 Europe Remote Areas Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Remote Areas Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Commercial & Industrial Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Commercial & Industrial Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Military Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Military Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Government Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Government Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Utilities Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Utilities Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Microgrid Controller Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Microgrid Controller Market by Country, 2022 - 2028, USD Million
TABLE 39 Germany Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 40 Germany Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 41 Germany Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 42 Germany Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 43 Germany Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 44 Germany Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 45 Germany Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 46 Germany Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 47 UK Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 48 UK Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 49 UK Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 50 UK Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 51 UK Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 52 UK Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 53 UK Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 54 UK Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 55 France Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 56 France Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 57 France Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 58 France Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 59 France Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 60 France Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 61 France Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 62 France Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 63 Russia Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 64 Russia Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 65 Russia Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 66 Russia Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 67 Russia Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 68 Russia Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 69 Russia Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 70 Russia Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 71 Spain Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 72 Spain Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 73 Spain Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 74 Spain Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 75 Spain Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 76 Spain Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 77 Spain Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 78 Spain Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 79 Italy Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 80 Italy Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 81 Italy Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 82 Italy Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 83 Italy Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 84 Italy Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 85 Italy Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 86 Italy Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 95 KEY INFORMATION – General Electric (GE) Co.
TABLE 96 Key Information – Siemens AG
TABLE 97 Key information – Schneider Electric SE
TABLE 98 Key Information – ABB Group
TABLE 99 Key Information – Honeywell International, Inc.
TABLE 100 key information – Eaton Corporation PLC
TABLE 101 key information – Caterpillar, Inc.
TABLE 102 Key information – Cummins, Inc.
TABLE 103 Key Information – Emerson Electric Co.
TABLE 104 Key information – S&C Electric Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisition and Mergers: 2018, Jul – 2022, Aug) Leading Players
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Swot analysis: Siemens AG
FIG 8 Recent strategies and developments: Schneider Electric SE
FIG 9 Swot analysis: Schneider Electric SE
FIG 10 SWOT Analysis: ABB Group
FIG 11 Swot analysis: Honeywell international, inc.
FIG 12 Recent strategies and developments: Cummins, Inc.