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Global Microgrid Monitoring System Market, By Grid Type (On grid & Off-grid), By Component (Hardware & Software), By Ownership (Public & Private), By End User, By Region, Competition, Forecast & Opportunities, 2024

  • ID: 4846574
  • Report
  • Region: Global
  • 125 pages
  • TechSci Research
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The Global Microgrid Monitoring System Market is Forecast to Grow at a CAGR of Over 11% During 2019-2024.

FEATURED COMPANIES

  • ABB Ltd
  • Eaton Corporation
  • Emerson
  • Etap
  • General Electric Company
  • S&C Electric Company
  • MORE
The Global Microgrid Monitoring System Market is forecast to grow at a CAGR of over 11% during 2019-2024, owing to increasing demand for power, rising emphasis on alternative energy production, improving and evolving technologies, refurbishment of ageing infrastructure, and investments in smart grids and energy systems. Microgrid monitoring system is a device that enables the establishment of a microgrid by controlling distributed energy resources and loads in a predetermined electrical system to maintain acceptable frequency and voltage. Increasing investments in transmission & distribution infrastructure and massive investments in smart grids and energy systems, globally, would further drive the Global Microgrid Monitoring System Market during the forecast period.

In terms of component, hardware segment is expected to grow at the fastest rate during 2019-2024. The hardware components of microgrid monitoring system include physical components such as CPU module, digital input module, digital output module, analog input/output module, local Controller, data logger, data recorder, relays, meters and communication network. The increasing number of microgrid projects in large power plants and high demand from process industries such as manufacturing, oil & gas, mining, steel and chemicals would further drive the hardware segment of the microgrid monitoring system market.

Asia-Pacific accounted for a significant portion of the Global Microgrid Monitoring System Market in 2018 and is expected to register strong growth during forecast period as well, on the back of increasing investments in grid expansion projects by developing nations such as China and India to boost their distribution grid reliability. Among the countries in the region, China was the largest market for microgrid monitoring system in 2018. China has the highest installed power generation and distribution capacities, which is turn is resulting in huge demand for microgrid monitoring system.
The Global Microgrid Monitoring System Market is characterized by a diverse group of regional and international manufacturers. The market for microgrid monitoring system is moderately fragmented in nature. There is very minimal product differentiation which induces vendors to retain their market shares by pricing their products and services competitively. Additionally, established international vendors face intense competition from regional vendors which provide customers with comparatively low-priced and customized products. Some of the major companies operating in the Global Microgrid Monitoring System Market are Siemens AG, General Electric Company, ABB Ltd, Schneider Electric, Schweitzer Engineering Laboratories and Emerson.

Years considered for this report:
  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024
Objective of the Study:
  • To analyze and forecast the Global Microgrid Monitoring System Market size.
  • To forecast the Global Microgrid Monitoring System Market based on grid type, component, ownership, end-user and regional distribution.
  • To identify drivers and challenges for the Global Microgrid Monitoring System Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Microgrid Monitoring System Market.
  • To conduct the pricing analysis for the Global Microgrid Monitoring System Market.
  • To identify and analyze the profile of leading players operating in the Global Microgrid Monitoring System Market.
Some of the leading players in the Global Microgrid Monitoring System Market are Siemens AG, General Electric Company, ABB Ltd, Eaton Corporation, Emerson, Schneider Electric, Spirae, Schweitzer Engineering Laboratories and Etap.

The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of microgrid Monitoring System manufacturers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they were able to include the manufacturers which could not be identified due to the limitations of secondary research. They analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

The author calculated Global Microgrid Monitoring System Market size by using a top down approach, where data for various applications across various end-user segments was recorded and forecast for the future years. they sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:
  • Microgrid Monitoring System manufacturers and other stakeholders
  • Microgrid Monitoring System end-user industries
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to microgrid Monitoring System market
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and end-users. The study would also help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, the Global Microgrid Monitoring System Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, by Grid type
  • On-grid
  • Off-grid
Market, by Component
  • Hardware
  • Software
Market, by Ownership
  • Public
  • Private
Market, by End-User
  • Utilities
  • Campuses & Institutions
  • Commercial
  • Industrial
  • Others
Market, by Region
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Europe
  • France
  • Germany
  • United Kingdom
  • Italy
  • Spain
  • North America
  • United States
  • Mexico
  • Canada
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Iran
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Microgrid Monitoring System Market.

Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd
  • Eaton Corporation
  • Emerson
  • Etap
  • General Electric Company
  • S&C Electric Company
  • MORE
1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Factors considered while selecting a supplier
4.2. Product awareness and applicability & usage analysis
4.3. Challenges/issues faced post purchase
4.4. Unmet needs

5. Global Microgrid Monitoring System Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Grid Type (On-grid; Off-grid)
5.2.2. By Component (Hardware; Software)
5.2.3. By Ownership (Public; Private)
5.2.4. By End User (Utilities; Campuses & Institutions; Industrial; Commercial and Others)
5.2.5. By Region (Asia-Pacific; Europe; North America; South America; Middle East & Africa)
5.2.6. By Company (2018)
5.3. Market Attractiveness Index (By Grid Type; By Component, By Ownership, By End User, By Region)

6. Asia-Pacific Microgrid Monitoring System Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Grid Type
6.2.2. By Component
6.2.3. By Ownership
6.2.4. By End User
6.2.5. By Country
6.3. China Microgrid Monitoring System Market Outlook
6.3.1. Market Size & Forecast
6.3.1.1. By Value
6.3.2. Market Share & Forecast
6.3.2.1. By Component
6.3.2.2. By End User
6.4. India Microgrid Monitoring System Market Outlook
6.4.1. Market Size & Forecast
6.4.1.1. By Value
6.4.2. Market Share & Forecast
6.4.2.1. By Component
6.4.2.2. By End User
6.5. Japan Microgrid Monitoring System Market Outlook
6.5.1. Market Size & Forecast
6.5.1.1. By Value
6.5.2. Market Share & Forecast
6.5.2.1. By Component
6.5.2.2. By End User
6.6. South Korea Microgrid Monitoring System Market Outlook
6.6.1. Market Size & Forecast
6.6.1.1. By Value
6.6.2. Market Share & Forecast
6.6.2.1. By Component
6.6.2.2. By End User
6.7. Australia Microgrid Monitoring System Market Outlook
6.7.1. Market Size & Forecast
6.7.1.1. By Value
6.7.2. Market Share & Forecast
6.7.2.1. By Component
6.7.2.2. By End User
6.8. Thailand Microgrid Monitoring System Market Outlook
6.8.1. Market Size & Forecast
6.8.1.1. By Value
6.8.2. Market Share & Forecast
6.8.2.1. By Component
6.8.2.2. By End User
6.9. Malaysia Microgrid Monitoring System Market Outlook
6.9.1. Market Size & Forecast
6.9.1.1. By Value
6.9.2. Market Share & Forecast
6.9.2.1. By Component
6.9.2.2. By End User

7. North America Microgrid Monitoring System Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Grid Type
7.2.2. By Component
7.2.3. By Ownership
7.2.4. By End User
7.2.5. By Country
7.3. United States Microgrid Monitoring System Market Outlook
7.3.1. Market Size & Forecast
7.3.1.1. By Value
7.3.2. Market Share & Forecast
7.3.2.1. By Component
7.3.2.2. By End User
7.4. Canada Microgrid Monitoring System Market Outlook
7.4.1. Market Size & Forecast
7.4.1.1. By Value
7.4.2. Market Share & Forecast
7.4.2.1. By Component
7.4.2.2. By End User
7.5. Mexico Microgrid Monitoring System Market Outlook
7.5.1. Market Size & Forecast
7.5.1.1. By Value
7.5.2. Market Share & Forecast
7.5.2.1. By Component
7.5.2.2. By End User

8. Europe Microgrid Monitoring System Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Grid Type
8.2.2. By Component
8.2.3. By Ownership
8.2.4. By End User
8.2.5. By Country
8.3. Germany Microgrid Monitoring System Market Outlook
8.3.1. Market Size & Forecast
8.3.1.1. By Value
8.3.2. Market Share & Forecast
8.3.2.1. By Component
8.3.2.2. By End User
8.4. United Kingdom Microgrid Monitoring System Market Outlook
8.4.1. Market Size & Forecast
8.4.1.1. By Value
8.4.2. Market Share & Forecast
8.4.2.1. By Component
8.4.2.2. By End User
8.5. France Microgrid Monitoring System Market Outlook
8.5.1. Market Size & Forecast
8.5.1.1. By Value
8.5.2. Market Share & Forecast
8.5.2.1. By Component
8.5.2.2. By End User
8.6. Italy Microgrid Monitoring System Market Outlook
8.6.1. Market Size & Forecast
8.6.1.1. By Value
8.6.2. Market Share & Forecast
8.6.2.1. By Component
8.6.2.2. By End User
8.7. Spain Microgrid Monitoring System Market Outlook
8.7.1. Market Size & Forecast
8.7.1.1. By Value
8.7.2. Market Share & Forecast
8.7.2.1. By Component
8.7.2.2. By End User

9. Middle East & Africa Microgrid Monitoring System Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Grid Type
9.2.2. By Component
9.2.3. By Ownership
9.2.4. By End User
9.2.5. By Country
9.3. Saudi Arabia Microgrid Monitoring System Market Outlook
9.3.1. Market Size & Forecast
9.3.1.1. By Value
9.3.2. Market Share & Forecast
9.3.2.1. By Component
9.3.2.2. By End User
9.4. UAE Microgrid Monitoring System Market Outlook
9.4.1. Market Size & Forecast
9.4.1.1. By Value
9.4.2. Market Share & Forecast
9.4.2.1. By Component
9.4.2.2. By End User
9.5. South Africa Microgrid Monitoring System Market Outlook
9.5.1. Market Size & Forecast
9.5.1.1. By Value
9.5.2. Market Share & Forecast
9.5.2.1. By Component
9.5.2.2. By End User
9.6. Iran Microgrid Monitoring System Market Outlook
9.6.1. Market Size & Forecast
9.6.1.1. By Value
9.6.2. Market Share & Forecast
9.6.2.1. By Component
9.6.2.2. By End User

10. South America Microgrid Monitoring System Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Grid Type
10.2.2. By Component
10.2.3. By Ownership
10.2.4. By End User
10.2.5. By Country
10.3. Brazil Microgrid Monitoring System Market Outlook
10.3.1. Market Size & Forecast
10.3.1.1. By Value
10.3.2. Market Share & Forecast
10.3.2.1. By Component
10.3.2.2. By End User
10.4. Argentina Microgrid Monitoring System Market Outlook
10.4.1. Market Size & Forecast
10.4.1.1. By Value
10.4.2. Market Share & Forecast
10.4.2.1. By Component
10.4.2.2. By End User
10.5. Colombia Microgrid Monitoring System Market Outlook
10.5.1. Market Size & Forecast
10.5.1.1. By Value
10.5.2. Market Share & Forecast
10.5.2.1. By Component
10.5.2.2. By End User

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Basic Details
13.2.2. Financials (As reported)
13.2.3. Supply Chain Analysis
13.2.4. Key Market Focus and Geographical Presence
13.2.5. Planned Investments
13.2.6. Pricing of Target Products
13.2.7. Market positioning
13.3. Global Players Profiled (Leading Companies)
13.3.1 ABB Ltd
13.3.2 Siemens AG
13.3.3 Eaton Corporation
13.3.4 General Electric Company
13.3.5 Emerson
13.3.6 Schneider Electric
13.3.7 Spirae
13.3.8 Schweitzer Engineering Laboratories (Sel)
13.3.9 Etap
13.3.10 S&C Electric Company
(Note: The companies list can be customized based on the client requirements)

14. Strategic Recommendations
Note: Product cover images may vary from those shown
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  • ABB Ltd
  • Siemens AG
  • Eaton Corporation
  • General Electric Company
  • Emerson
  • Schneider Electric
  • Spirae
  • Schweitzer Engineering Laboratories (Sel)
  • Etap
  • S&C Electric Company
Note: Product cover images may vary from those shown
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