Smart Microgrid Controller Market

Smart Microgrid Controller: Introduction

• A microgrid controller allows the establishment of a microgrid by controlling distributed energy resources and loads in a predetermined electrical system to maintain the acceptable frequency and voltage
• The smart microgrid controller takes automatic control of all microgrid components to fulfill the power demand and maintain stable operating conditions with minimum intervention from human resources
• The smart microgrid controller technology requires software and intelligent controls to manage electricity flow in networks
• The smart microgrid controller handles real-time operations of the system by sensing the loss of grid electricity during a power outage and automatically bringing online backup generation sources to restore the power to the load
• Smart microgrid controllers are capable of controlling reliable, safe, and efficient microgrid power generation and distribution by helping coordinate and optimize system functions with intelligent capabilities

Increased Demand for Smart Microgrid Controller Globally

• The smart microgrid controller can be utilized to control domestic devices, which allows the devices to work automatically by an active demand control system
• The smart microgrid controller is capable of maintaining grid stability autonomously with less operating costs across all energy-generating sources within a microgrid
• The smart microgrid controller provides real-time control of paralleled grid-forming sources and variable renewable generation as well as intelligent load and solar forecasting. It also optimizes sites and systems, supporting storage, load, solar, other generators, and islanding control.
• The PLC based smart microgrid controller can be helpful in nuclear power plants for load restoration during station blackout. The adoption of smart microgrid controller is rising over the traditional energy grid, as it offers uninterrupted power flow, creates outages, and ultimately slows down economies.

North America to Lead Global Smart Microgrid Controller Market

• North America is expected to dominate the global smart microgrid controller market during the forecast period due to rising adoption of electric vehicles and increased investments by private organizations and governments in the region.
• The smart microgrid controller market in Asia Pacific is anticipated to expand at a rapid pace due to increased dependence on electronic devices and constant need for electricity in households as well as the commercial sector, which in turn is fueling the smart microgrid controller market

Key Players Operating in Global Smart Microgrid Controller Market

• Schweitzer Engineering Laboratories, Inc.
• Schneider Electric SE
• Opus One Solutions Inc.
• Encorp Inc.
• Siemens AG

Global Smart Microgrid Controller Market: Research Scope

Global Smart Microgrid Controller Market, by Connectivity

• Grid Connected
• Remote/Off Grid

Global Smart Microgrid Controller Market, by End-user

• Commercial and Industrial
• Power and Utilities
• Institutional/ Campus
• Government/ Communities
• Others

Global Smart Microgrid Controller Market, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Mexico
  • Rest of South America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa