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Global Microgrid Monitoring System Market Size, Share, Trends and Forecast Report 2019-23 | TechSci Research

          


The Global Microgrid Monitoring System market is projected to reach USD 39 billion by 2023, growing at a CAGR of over 12% during the forecast period. The market for Microgrid Monitoring System is growing majorly due to increasing demand for reliable and secure power supply globally, widespread industrialization and growing population fuelling demand for energy storage systems and government initiatives to decrease carbon footprint. The Microgrid Monitoring System has been segmented based on Application (Educational Institutes, Industrial, Military, Healthcare, Government & Utilities, Urban Electrification, Rural Electrification, Others), Product (Hardware, Software, and Services), Type (Grid Connected, and Remote/Island/Off-Grid), Consumption Pattern (Urban & Metropolitan, Semi-urban, and Rural/Island). The Microgrid Monitoring System market for remote/island microgrids is expected to grow at a higher CAGR during the forecast period. The main reasons for this growth are substantial decline in the prices of solar PV and wind power sources, decrease in the cost of power generation, compared with centralized power grids and other environmental benefits.

Geographically, North America is leading the market for Microgrid Monitoring System and Asia-Pacific is the fastest growing market. The highest growth of the market in APAC is attributed to the increasing number of rural electrification projects in India, along with increasing investments made by both national and international companies.

Some of the leading players in the Global Microgrid Monitoring System Market are ABB, General Electric, Eaton, Siemens, Schneider Electric, Honeywell, Homer Energy, Electric, Power Analytics and Exelon Corporation.

Table of Content:
1.    Product Overview
2.    Research Methodology
3.    Executive Summary
4.    Voice of Customer
4.1.  Product Features Expected
4.2.  Product Pricing
4.3.  Technical Feasibility
4.3.  Factors Influencing Purchase Decision
4.4.  Challenges/issues faced post purchase
5.    Global Microgrid Monitoring System Market Overview 
6.    Global Microgrid Monitoring System Market Outlook
6.1.  Market Size & Forecast
6.1.1.     By Value and Volume
6.2.  Market Share & Forecast
6.2.1.     By Application (Educational Institutes, Industrial, Military, Healthcare, Government & Utilities, Urban Electrification, Rural Electrification, Others (Electric Vehicles, Data Centers, and Telecom Infrastructure (Cellphone Towers))
6.2.2.     By Product (Hardware, Software, and Services)
6.2.3.     By Type (Grid Connected, and Remote/Island/Off-Grid)
6.2.4.     By Consumption Pattern (Urban & Metropolitan, Semi-urban, and Rural/Island)
6.2.5.     By Region
6.2.6.     By Company
6.3.  Market Attractiveness Index
7.    Asia-Pacific Microgrid Monitoring System Market Outlook
7.4.  Asia-Pacific: Country Analysis
7.4.1.     China Microgrid Monitoring System Market Outlook
7.4.2.     India Microgrid Monitoring System Market Outlook
7.4.3.     Japan Microgrid Monitoring System Market Outlook
7.4.4.     South Korea Microgrid Monitoring System Market Outlook
7.4.5.     Australia Microgrid Monitoring System Market Outlook
7.4.6.     Singapore Microgrid Monitoring System Market Outlook
7.4.7.     Malaysia Microgrid Monitoring System Market Outlook
8.    Europe Microgrid Monitoring System Market Outlook
8.4.  Europe: Country Analysis
8.4.1.     France Microgrid Monitoring System Market Outlook
8.4.2.     Germany Microgrid Monitoring System Market Outlook
8.4.3.     United Kingdom Microgrid Monitoring System Market Outlook
8.4.4.     Italy Microgrid Monitoring System Market Outlook
8.4.5.     Spain Microgrid Monitoring System Market Outlook
9.    North America Microgrid Monitoring System Market Outlook
9.4.  North America: Country Analysis
9.4.1.     United States Microgrid Monitoring System Market Outlook
9.4.2.     Mexico Microgrid Monitoring System Market Outlook
9.4.3.     Canada Microgrid Monitoring System Market Outlook
10.  South America Microgrid Monitoring System Market Outlook
10.4.              South America: Country Analysis
10.4.1.  Brazil Microgrid Monitoring System Market Outlook
10.4.2.  Argentina Microgrid Monitoring System Market Outlook
10.4.3.  Colombia Microgrid Monitoring System Market Outlook
11.  Middle East and Africa Microgrid Monitoring System Market Outlook
11.4.              MEA: Country Analysis
11.4.1.  South Africa Microgrid Monitoring System Market Outlook
11.4.2.  Saudi Arabia Microgrid Monitoring System Market Outlook
11.4.3.  UAE Microgrid Monitoring System Market Outlook
11.4.4.  Qatar Microgrid Monitoring System Market Outlook
12.  Market Dynamics
12.1.              Drivers
12.2.              Challenges
13.  Market Trends & Developments
14.  Competitive Landscape
14.1.              Competition Outlook
14.2.              Company Profiles (Top 10 Companies)
15.   Strategic Recommendations

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