Fairfield Market Research Microgrid Monitoring Systems Market Size, Share, Report 2029
Microgrid Monitoring Systems Market

Microgrid Monitoring Systems Market

Global Microgrid Monitoring Systems Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2029 - (By Type Coverage, By Application Coverage, By Geographic Coverage and By Company)

Published Date: Dec 2022 | Format: | No. of Pages: 164

Industry: Energy & Natural Resources | Author Name: Harshad

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FAQ : Microgrid Monitoring Systems Market

Global microgrid monitoring system market is anticipated to reach US$ 1,328.8 Mn by 2029.

Global top 5 players in microgrid monitoring system includes: Siemens AG, Schneider Electric, GE, Power Analytics Corporation, and Homer Energy LLC.

In 2021, North America constituted 36.3% of the global microgrid monitoring system market by value. In terms of value, Asia Pacific is expected to register a CAGR of 17.0% from 2022-2029.

In terms of application, remote segment constituted more than 42% of the market in the year 2021. In terms of type, hardware segment constituted more than 60% share in 2021.

The market witnessed impacts during COVID-19. There has been a significant delays in microgrid projects which impacted the demand for hardware and software solutions.
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