A diverse controls market presents opportunities for many companies to emerge as leaders in the coming decade
A new Leaderboard Report from Navigant Research examines the strategy and execution of 15 microgrid controller vendors, with Schweitzer Engineering Laboratories (SEL), Schneider Electric, and Opus One Solutions ranked as the leading market players.
Whether intentionally islanding from the utility grid or responding to a signal from a grid operator to provide ancillary services, the microgrid controller can be viewed as the heart of the microgrid. A variety of companies are now competing in the controller space, looking for ways to innovate this technology that is vital all microgrid projects—whether focused on resilience, renewable energy integration, or economic optimization. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, SEL, Schneider Electric, and Opus One Solutions are the leading vendors of microgrid controllers.
“Whether experts on scientific engineering, or business model innovation, or anticipating a future incorporating new concepts such as transactive energy, there is room for continued innovation among control products, including companies offering energy storage or smart inverters that were excluded from this analysis,” says Peter Asmus, research director with Navigant Research. “The three companies that met the criteria for market leaders are each quite different in terms of history, emphasis, and solution offerings, but each offers tremendous value to the market, demonstrating how diverse the controls platform space is today.”
While SEL, Schneider, and Opus One currently lead, the other 12 companies profiled in this report are all positioned to become leaders in the next decade. According to the report, no single company dominates the microgrid controls space, but many provide unique value to those seeking controls technology.
The report, Navigant Research Leaderboard: Microgrid Controls, 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. An Executive Summary of the report is available for free download on the Navigant Research website.
Contact: Lindsay Funicello-Paul
* The information contained in this press release concerning the report, Navigant Research Leaderboard: Microgrid Controls, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.