To generate Excel add-ins or Generic COM components, you will need a combination of MinGW 5.3.0 compiler and Windows 10 SDK kit.

In order to install these, follow the steps mentioned below:

1. Install MinGW-w64 from the MathWorks File Exchange: MATLAB Support for MinGW-w64 C/C++ Compiler.
2. Install Windows 10 SDK from the Windows Windows 10 SDK.
3. Run the following command from the MATLAB command window to test if the combination of “MinGW and Windows 10 SDK” is being detected by MATLAB.

mbuild -setup -client mbuild_com