Microgrid Controller industry

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Microgrid Controller industry Forecast To 2023
Global Microgrid Controller industry Segmented on the basis of
The global Microgrid Controller industry has been analyzed based on offering, connectivity, vertical, and
region.
Based on the connectivity, the market has been segmented into grid and off-grid/islanded, the two modes
in which a microcontroller works. The off-grid segment is slated to grow at the fastest CAGR over the
review period as these controllers are more reliable.
Based on the offering, the market has been segmented into software, hardware, and service. The software
segment is slated to grow at the fastest CAGR during the assessment period due to their increasing usage
for predicting, monitoring, managing, and optimizating energy supply and demand for a microgrid
network.
On the basis of vertical, the global market for microgrid controllers has been segmented into oil & gas,
government, energy & power, automotive, industrial, military and defense, commercial, and others. The
increasing adoption of microgrids across various end-use industries such as military, government, utilities,
and healthcare drive the growth of Microgrid Controller industry.