Guidehouse Insights Names Schweitzer Engineering Labs, Schneider Electric, and Siemens the Leading Microgrid Controls Vendors
Market competition continues to intensify as acquisitions increase and large established players revise offerings and business models
A new Leaderboard report from Guidehouse Insights examines the strategy and execution of 16 microgrid controls vendors, with Schweitzer Engineering Labs (SEL), Schneider Electric, and Siemens ranked as the leading market players.
“SEL and Schneider offer contrasting strengths—SEL offers a low cost, market-leading technology for seamless islanding while Schneider Electric is pioneering new energy as a service (EaaS) business models for microgrids,” says Peter Asmus, research director with Guidehouse Insights. “The third market leader is Siemens, which has expanded its microgrid offerings and helped develop leading-edge microgrids across multiple geographies.”
Fierce market competition is evidenced by the number of companies that have come and gone over the past decade, the increased number of recent acquisitions, and the number of large established players that have revised their offerings with new technology and business models. Companies leading the way for advanced controls are often large technology firms revamping their original distribution automation and SCADA controls with increased digital capabilities using in-house software or acquisitions of smaller startups. Then there are the independent startups testing limits with new control algorithms informed by AI and using Internet of Things (IoT) digital infrastructure. Between the extremes of large technology firms and small startups exists a long list of companies.
The report, Guidehouse Insights Leaderboard: Microgrid Controls Vendors, ranks control providers on two criteria: Strategy and Execution. Threshold scores determine which category (Leader, Contender, Challenger, Follower) they fall into. The companies with the top three aggregate scores, also qualifying as market leaders, each have different strengths and weaknesses. Other notable companies and many of the traditional heavyweights in grid automation are included. An executive summary of the report is available for free download on the Guidehouse Insights website.
*The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Microgrid Controls Vendors, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.