Schweitzer Engineering Laboratories, Schneider Electric and Opus One Solutions are ranked first second and third, respectively, on Navigant Research’s recent top 10 list of microgrid controller vendors.
The “Navigant Research Leaderboard” report examines the strategy and execution of 15 leading microgrid controller vendors. These players are rated on 12 criteria: vision; go-to market strategy; partners; business model innovation; controls philosophy; geographic reach; sales, marketing, and distribution; product performance (islanding); controls functionality; project portfolio; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global microgrid controls market.
The top 10 vendors are:
- Schweitzer Engineering Laboratories
- Schneider Electric
- Opus One Solutions
- S&C Electric
- Emerson Automation Solutions
The following is a graphic representing Navigant Research’s leaderboard in the microgrid controller vendor market.
The microgrid market has grown exponentially in recent years, with many in the energy sector relying on the theory of a decentralized grid, and many municipalities offering grants for just that.
For example, as part of a national grid modernization initiative, South Carolina’s Duke Energy has received a portion of a $7.2 million federal grant for a three-year project involving the Anderson Civic Center Microgrid.
In January, the International District Energy Association called for more focus and energy being put towards district cooling systems and microgrids.
In recent years, microgrids have become bigger business in general. Microgrid Knowledge reported that global annual revenue from microgrids rose 29% between 2015 and 2016. And Navigant Research predicted that the worldwide microgrid research market will reach almost $20 billion in annual revenue by 2020.
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