- What technologies are used to control and optimize microgrids?
- What kinds of companies offer microgrid controllers?
- Which controls philosophy is gaining momentum in the microgrid space?
- Which technologies dominate the controls market now and in the future?
- Which regions of the world are expected to spend the most on controls over the next 10 years?
- How does controls spending vary by market application?
- Why are cloud-based approaches gaining market favor?
4Q 2020
Market Data: Microgrid Controls
Global Spending Forecasts by Technology Segment and Region
The success of the microgrid market rests on the shoulders of digital control platforms that can orchestrate diverse distributed energy resources (DER) into a single optimized aggregation system. Although the costly items for any microgrid are investments in DER assets, the key to project performance and the extraction value from these same assets are the controls, which often represent less than 10% or even 5% of total projects’ cost.
Most often a combination of hardware and software, these controls systems are the orchestrator marshaling generation, storage, and loads to bolster resiliency and optimize DER assets to meet prescribed economic and environmental goals. Controls platforms keep evolving, and emphasis is shifting from hardware devices and on-premise gateways to software and customization performed in the cloud. As with other microgrid trends, such as a recent focus on modular offerings with standardized hardware components, the market continues to shift and grow in diversity, application, and purpose.
This Guidehouse Insights report forecasts spending on microgrid controls by technology, region, and market segment. It also explores the philosophies guiding future technology development. This report shows that overall spending on microgrid controls is less in 2020 than previous forecasts showed but grows faster in revenue over the forecast horizon due to shifts in technology choices favoring cloud-native software.
Pages
30
Tables | Charts | Figures
17
Key Questions Addressed
Who Needs This Report
- Microgrid developers
- Companies offering control products
- Utilities deploying microgrids
- Energy storage providers
- Cloud-based software solution providers
- Smart grid device manufacturers
- Smart inverter manufacturers
- Digital relay manufacturers
- SCADA providers
- Distribution automation providers
- IoT companies
- AI companies
- Investor community
Table Of Contents
1. Executive Summary
1.1 An Inventory of Microgrid Controls Technologies
1.2 Market Forecasts
2. Market Issues
2.1 Microgrid Controls Market Overview
2.2 Current Controls Company Technology Profiles
2.3 Voice of the Provider
2.4 Market Drivers
2.4.1 Regulatory Shifts Pertaining to DER Aggregations
2.4.2 Cloud-Based Software Controls Momentum
2.4.3 Microgrid Business Models Dependent on Controls Performance
2.5 Market Barriers
2.5.1 Fragmented Market Structures
2.5.2 Rebellions Against Proprietary Systems
2.5.3 Challenges Linked to Fragmented Vendor Pools
3. Market Forecasts
3.1 Forecast Methodology and Market Forecasts
3.2 Controls Spending by Market Segment
3.3 Top-Down or Bottom-Up or Both
3.4 Controls Spending by Technology Segment
3.5 Cumulative Controls Spending
3.6 Concluding Insights on Regional Variations and Technology Choice Recommendations
4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Microgrid Controls Spending by Region, World Markets: 2020-2029
- Controls Capacity Market Share by Company Type, World Markets: 2020
- Microgrid Business Model Share by Project Number, World Markets: 3Q 2020
- Total Microgrid Controls Spending by Segment, World Markets: 2020-2029
- Microgrid Controls Spending by Fundamental Controls Approach, World Markets: 2020-2029
- Microgrid Controls Spending by Technology Segment, World Markets: 2020-2029
- Cumulative Microgrid Controls Spending by Region, World Markets: 2020-2029
- Microgrid Controls Hierarchy: Tertiary, Secondary, and Primary
List of Tables
- Microgrid Controls Spending by Region, World Markets: 2020-2029
- Microgrid Controls Spending by Segment, World Markets: 2020-2029
- Controls Capacity Market Share by Company Type, World Markets: 2020
- Microgrid Controls Spending by Fundamental Controls Approach, World Markets: 2020-2029
- Microgrid Controls Spending by Technology, World Markets: 2020-2029
- Annual Microgrid Controls Spending by Technology and Region, World Markets: 2020-2029
- Cumulative Microgrid Controls Spending by Technology and Region, World Markets: 2020-2029
- Cumulative Microgrid Controls Spending by Region, World Markets: 2020-2029
- Microgrid Controls Forecast Assumptions
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