Microgrid control system market is anticipated to grow at a considerable CAGR of 12.5% during the forecast period. The growing demand for renewable energy has driven the growth of the 4Infrastructure have completed a renewable energy microgrid project on Terceira, a Portuguese Azores island. The islands have great potential to be powered by renewable energy sources, particularly wind, hydroelectric power and geothermal energy. The project on Terceira uses Fluence’s sixth generation battery storage solution, Gridstack, and Siemens’ smart energy controls software, to help integrate renewables for utility Electricidade dos Açores (EDA).
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Microgrids allow an efficient and dynamic electricity grid by adapting to the growing use of renewable energy sources, such as photovoltaic equipment and electric vehicles. As per the US Department of Energy, microgrids will be essential building blocks for a new electricity delivery system by 2035 to ensure resilience, decarbonization, and affordability. According to the EIA, in 2022, electricity generation from electrical utilities in the US increased slightly compared with the preceding year by about 2,537 terawatt hours. The growing demand for microgrids in utilities sector is driving the growth of this market segment.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Microgrid Control System Market by Type
- Grid-Connected
- Off-Grid
Global Microgrid Control System Market by End-User
- Utilities
- Cities & Municipalities
- Industrial
- Other (Defense)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Eaton Corp.
- Emersion Inc.
- ETAP Inc.
- Exelon Corp.
- Northern Power Systems Corp.
- ONTECH Electric Corp.
- Pareto Energy, Ltd.
- Power Secure, Inc.
- Princeton Power Systems
- S&C Electric Company
- Schneider Electric
- Schweitzer Engineering Laboratories
- SPIRAL Inc.
- Woodward Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global microgrid control system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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