The Latin America, Middle East and Africa Microgrid Controller Market would witness market growth of 23.9% CAGR during the forecast period (2022-2028).
These systems store excess renewable energy while being equipped with cloud-based distant services, which optimizes the flow of energy. Microgrids can merge DER with cutting-edge automation and control technology, enabling simple power management with a view of fleets, locations, and activities.
The integration of various renewable power generation resources in a microgrid to the grid can increase the infiltration of renewable energies and transform the entire system into a smart grid with cutting-edge technologies. Future networks for smart grids will offer a real-time, omnidirectional flow of power and data.
The entire energy system, from the central command office to the end user levels, is equipped with smart, intelligent technology with contemporary digital controls. Better coordination and communication between all parties involved in the electricity industry, including power plant administrators, network operators, end users, and the government, will result from this.
In the Latin America region, the Caribbean, which suffered the brunt of numerous hurricanes that occurred over the past few years, is where microgrids are most commonly used. The Puerto Rico Electric Power Authority proposes to restructure the island's system so that it consists of eight sizable microgrids, each with a capacity of about 500 MW. This system is designed to prevent the severe power outages that Hurricane Maria caused in Puerto Rico in 2017.
The Brazil market dominated the LAMEA Microgrid Controller Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $206.1 million by 2028.The Argentina market is experiencing a CAGR of 24.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 23.6% during (2022 - 2028).
Based on Connectivity, the market is segmented into Grid Connected and Off-grid Connected. Based on Offering, the market is segmented into Hardware, Software and Services. Based on End User, the market is segmented into Remote Areas, Commercial & Industrial, Military, Government, Utilities, Manufacturing and Healthcare. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Microgrid Controller Market is Predict to reach $12.6 Billion by 2028, at a CAGR of 21.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, General Electric (GE) Co., Schneider Electric SE, ABB Group, Honeywell International, Inc., Eaton Corporation, Caterpillar, Inc., S&C Electric Company, Cummins, Inc., and Emerson Electric Co.
Scope of the Study
Market Segments Covered in the Report:
By Connectivity
- Grid Connected
- Off-grid Connected
By Offering
By End User
- Remote Areas
- Commercial & Industrial
- Military
- Government
- Utilities
- Manufacturing
- Healthcare
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- General Electric (GE) Co.
- Schneider Electric SE
- ABB Group
- Honeywell International, Inc.
- Eaton Corporation
- Caterpillar, Inc.
- S&C Electric Company
- Cummins, Inc.
- Emerson Electric Co.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Microgrid Controller Market, by Connectivity
1.4.2 LAMEA Microgrid Controller Market, by Offering
1.4.3 LAMEA Microgrid Controller Market, by End User
1.4.4 LAMEA Microgrid Controller Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2018, Jul – 2022, Aug) Leading Players
Chapter 4. LAMEA Microgrid Controller Market by Connectivity
4.1 LAMEA Grid Connected Market by Country
4.2 LAMEA Off-grid Connected Market by Country
Chapter 5. LAMEA Microgrid Controller Market by Offering
5.1 LAMEA Hardware Market by Country
5.2 LAMEA Software Market by Country
5.3 LAMEA Services Market by Country
Chapter 6. LAMEA Microgrid Controller Market by End User
6.1 LAMEA Remote Areas Market by Country
6.2 LAMEA Commercial & Industrial Market by Country
6.3 LAMEA Military Market by Country
6.4 LAMEA Government Market by Country
6.5 LAMEA Utilities Market by Country
6.6 LAMEA Manufacturing Market by Country
6.7 LAMEA Healthcare Market by Country
Chapter 7. LAMEA Microgrid Controller Market by Country
7.1 Brazil Microgrid Controller Market
7.1.1 Brazil Microgrid Controller Market by Connectivity
7.1.2 Brazil Microgrid Controller Market by Offering
7.1.3 Brazil Microgrid Controller Market by End User
7.2 Argentina Microgrid Controller Market
7.2.1 Argentina Microgrid Controller Market by Connectivity
7.2.2 Argentina Microgrid Controller Market by Offering
7.2.3 Argentina Microgrid Controller Market by End User
7.3 UAE Microgrid Controller Market
7.3.1 UAE Microgrid Controller Market by Connectivity
7.3.2 UAE Microgrid Controller Market by Offering
7.3.3 UAE Microgrid Controller Market by End User
7.4 Saudi Arabia Microgrid Controller Market
7.4.1 Saudi Arabia Microgrid Controller Market by Connectivity
7.4.2 Saudi Arabia Microgrid Controller Market by Offering
7.4.3 Saudi Arabia Microgrid Controller Market by End User
7.5 South Africa Microgrid Controller Market
7.5.1 South Africa Microgrid Controller Market by Connectivity
7.5.2 South Africa Microgrid Controller Market by Offering
7.5.3 South Africa Microgrid Controller Market by End User
7.6 Nigeria Microgrid Controller Market
7.6.1 Nigeria Microgrid Controller Market by Connectivity
7.6.2 Nigeria Microgrid Controller Market by Offering
7.6.3 Nigeria Microgrid Controller Market by End User
7.7 Rest of LAMEA Microgrid Controller Market
7.7.1 Rest of LAMEA Microgrid Controller Market by Connectivity
7.7.2 Rest of LAMEA Microgrid Controller Market by Offering
7.7.3 Rest of LAMEA Microgrid Controller Market by End User
Chapter 8. Company Profiles
8.1 General Electric (GE) Co.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 ABB Group
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 SWOT Analysis
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Eaton Corporation PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 Caterpillar, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 Cummins, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional & Segmental Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.5.2 Acquisition and Mergers:
8.8.5.3 Geographical Expansions:
8.9 Emerson Electric Co.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.10. S&C Electric Company
8.10.1 Company Overview
TABLE 1 LAMEA Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Microgrid Controller Market
TABLE 4 Product Launches And Product Expansions– Microgrid Controller Market
TABLE 5 Acquisition and Mergers– Microgrid Controller Market
TABLE 6 gEOGRAPHICAL eXPANSIONS– Microgrid Controller Market
TABLE 7 LAMEA Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 8 LAMEA Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 9 LAMEA Grid Connected Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Grid Connected Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Off-grid Connected Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Off-grid Connected Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 14 LAMEA Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 15 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Services Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Services Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 22 LAMEA Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 23 LAMEA Remote Areas Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Remote Areas Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Commercial & Industrial Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Commercial & Industrial Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Military Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Military Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Government Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Government Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Utilities Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Utilities Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Microgrid Controller Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Microgrid Controller Market by Country, 2022 - 2028, USD Million
TABLE 39 Brazil Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 40 Brazil Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 41 Brazil Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 42 Brazil Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 43 Brazil Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 44 Brazil Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 45 Brazil Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 46 Brazil Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 47 Argentina Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 48 Argentina Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 49 Argentina Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 50 Argentina Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 51 Argentina Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 52 Argentina Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 53 Argentina Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 54 Argentina Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 55 UAE Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 56 UAE Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 57 UAE Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 58 UAE Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 59 UAE Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 60 UAE Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 61 UAE Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 62 UAE Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 71 South Africa Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 72 South Africa Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 73 South Africa Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 74 South Africa Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 75 South Africa Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 76 South Africa Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 77 South Africa Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 78 South Africa Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 79 Nigeria Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 80 Nigeria Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 81 Nigeria Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 82 Nigeria Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 83 Nigeria Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 84 Nigeria Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 85 Nigeria Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 86 Nigeria Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 87 Rest of LAMEA Microgrid Controller Market, 2018 - 2021, USD Million
TABLE 88 Rest of LAMEA Microgrid Controller Market, 2022 - 2028, USD Million
TABLE 89 Rest of LAMEA Microgrid Controller Market by Connectivity, 2018 - 2021, USD Million
TABLE 90 Rest of LAMEA Microgrid Controller Market by Connectivity, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Microgrid Controller Market by Offering, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Microgrid Controller Market by Offering, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Microgrid Controller Market by End User, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Microgrid Controller Market by End User, 2022 - 2028, USD Million
TABLE 95 KEY INFORMATION – General Electric (GE) Co.
TABLE 96 Key Information – Siemens AG
TABLE 97 Key information – Schneider Electric SE
TABLE 98 Key Information – ABB Group
TABLE 99 Key Information – Honeywell International, Inc.
TABLE 100 key information – Eaton Corporation PLC
TABLE 101 key information – Caterpillar, Inc.
TABLE 102 Key information – Cummins, Inc.
TABLE 103 Key Information – Emerson Electric Co.
TABLE 104 Key information – S&C Electric Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisition and Mergers: 2018, Jul – 2022, Aug) Leading Players
FIG 6 Swot analysis: General electric (GE) Co.
FIG 7 Swot analysis: Siemens AG
FIG 8 Recent strategies and developments: Schneider Electric SE
FIG 9 Swot analysis: Schneider Electric SE
FIG 10 SWOT Analysis: ABB Group
FIG 11 Swot analysis: Honeywell international, inc.
FIG 12 Recent strategies and developments: Cummins, Inc.