The Micro Grid Server market industry was estimated to be worth USD XX.XX in 2015. The market is projected to grow at a CAGR of XX.XX% to reach USD XX.XX by the end of 2020. Microgrids control system provides an ecosystem to monitor, control, and analyze microgrid functioning from a central control center. It is a dynamic software which enables full control over microgrid activities ranging from energy generation, channel networking to the final power distribution from the microgrid. It optimizes the dispatch of DER’s to reduce the total cost of energy and microgrid operation and also maintains a secure and reliable power supply for mission critical loads for operation in ‘islanded mode’.
The global microgrid control system market has been broadly segmented on the basis of type, application and geography. As per the type the microgrid control system market has been segmented into Off-Grid, Grid Connected and hybrid. Whereas, as per application the market has been segmented into utilities, cities and municipalities, defense, industrial and others.
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