Please Wait.....
Report
Distributed Energy Resource Management System Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030
Market Report I 2023-12-27 I 255 Pages I Infinium Global Research and Consulting Solutions
The report on the global distributed energy resource management system market provides qualitative and quantitative analysis for the period from 2021-2030. The global distributed energy resource management system market was valued at USD 404.02 million in 2022 and is expected to reach USD 1540.65 million in 2030, with a CAGR of 18.2% during the forecast period 2023-2030. The study on distributed energy resource management system market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
A Distributed Energy Resource Management System (DERMS) is a pivotal technology for businesses seeking efficient energy utilization. This integrated platform enables seamless control and optimization of diverse energy sources, such as solar panels, wind turbines, and storage systems. DERMS empowers businesses to intelligently manage energy generation, consumption, and storage across distributed assets, fostering grid resilience and reducing operational costs. By providing real-time monitoring and predictive analytics, DERMS ensures optimal performance, mitigates grid congestion, and enhances overall energy reliability. This technology aligns with sustainable business practices, allowing enterprises to leverage renewable resources effectively and contribute to environmental goals. The market's growth is fueled by the increasing adoption of renewable energy sources and the demand for streamlined management of distributed energy resources. As industries embrace sustainable practices, DERMS emerges as a key player in orchestrating and optimizing the integration of diverse energy assets, contributing to a more resilient and sustainable energy landscape.
The surge in demand for clean and sustainable energy solutions propels the growth of the Distributed Energy Resource Management System (DERMS) market. Businesses are increasingly adopting DERMS to optimize the integration of diverse energy sources, enhance grid resilience, and meet sustainability targets. With a rising emphasis on carbon reduction and energy efficiency, DERMS facilitates intelligent control of distributed assets, driving the market forward. Regulatory incentives and the imperative to reduce reliance on traditional energy grids further accelerate DERMS adoption. As businesses prioritize environmental responsibility, DERMS emerges as a key driver in reshaping the energy landscape toward a more sustainable future. Additionally, the increasing adoption of renewable energy sources and the imperative for grid modernization. As businesses strive to meet sustainability targets and reduce carbon footprints, DERMS serves as a critical enabler by optimizing the integration of renewable assets. Moreover, the growing complexity of energy grids, coupled with the rise in distributed generation, elevates the need for advanced management solutions. DERMS offers businesses a strategic tool to enhance grid reliability, optimize energy use, and adapt to evolving regulatory landscapes, making it a key driver in the pursuit of a resilient and sustainable energy future. However, integration challenges and interoperability issues pose significant restraints for the Distributed Energy Resource Management System market. Furthermore, the growing demand for decentralized and sustainable energy solutions presents a significant opportunity for the expansion of the distributed energy resource management system market.
North America is projected to hold the most prominent market share in the upcoming forecast period. The region's supremacy is attributed to a confluence of factors, including a robust adoption of renewable energy sources, government incentives promoting clean energy initiatives, and a well-established grid infrastructure. With a heightened focus on grid modernization and resilience, businesses in North America are increasingly investing in DERMS to optimize the integration of diverse energy resources. Additionally, the region's supportive regulatory environment and proactive approach toward sustainable energy practices position North America as a key player in driving the growth of the DERMS market. Moreover, Asia-Pacific stands out as the fastest-growing region for the Distributed Energy Resource Management System (DERMS) market in the forecast period. The region's rapid economic growth, coupled with increasing urbanization and a strong emphasis on sustainable energy solutions, is driving the adoption of DERMS technologies. Governments across Asia-Pacific are actively promoting renewable energy integration, leading to a surge in distributed energy resources. Additionally, the need for efficient grid management and the rising awareness of environmental concerns are propelling the demand for DERMS solutions. With a conducive regulatory environment and a focus on clean energy, the Asia-Pacific region offers a fertile ground for the accelerated growth of the DERMS market.
Report Findings
1) Drivers
- The surge in demand for clean and sustainable energy solutions propels the growth of the Distributed Energy Resource Management System (DERMS) market.
- The increasing adoption of renewable energy sources and the imperative for grid modernization is propelling the growth of the market.
2) Restraints
- Integration challenges and interoperability issues pose significant restraints for the distributed energy resource management system market
3) Opportunities
- The growing demand for decentralized and sustainable energy solutions presents a significant opportunity for the expansion of the distributed energy resource management system market.
Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from the industry
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global distributed energy resource management system market is segmented on the basis of based on the component, application, and end-use.
The Global Distributed Energy Resource Management System Market by Based on the Component
- Software
o Analytics
o Management & Control
o Virtual Power Plant (VPP) Software
- Services
The Global Distributed Energy Resource Management System Market by Application
- Solar PV Units
- Wind Generation Units
- Energy Storage Systems
- Combined Heat & Power Generation Systems
- EV Charging Stations
- Others
The Global Distributed Energy Resource Management System Market by End-use
- Industrial
- Commercial
- Residential
Company Profiles
The companies covered in the report include
- ABB
- Schneider Electric
- Siemens
- GE DIGITAL
- ENGIE
- ITRON
- Emerson Electric Co
- Oracle
- Mitsubishi Electric Power
- Spirae
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the distributed energy resource management system market.
2. Complete coverage of all the segments in the distributed energy resource management system market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global distributed energy resource management system market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Distributed Energy Resource Management System Market Highlights
2.2. Distributed Energy Resource Management System Market Projection
2.3. Distributed Energy Resource Management System Market Regional Highlights
Chapter 3. Global Distributed Energy Resource Management System Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Component
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by End-use
3.4.4. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Distributed Energy Resource Management System Market
Chapter 4. Distributed Energy Resource Management System Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Distributed Energy Resource Management System Market
5.2. Companies Profiles
5.2.1. ABB
5.2.2. Schneider Electric
5.2.3. Siemens
5.2.4. GE DIGITAL
5.2.5. ENGIE
5.2.6. ITRON
5.2.7. Emerson Electric Co
5.2.8. Oracle
5.2.9. Mitsubishi Electric Power
5.2.10. Spirae
Chapter 6. Global Distributed Energy Resource Management System Market by Component
6.1. Software
6.1.1. Analytics
6.1.2. Management & Control
6.1.3. Virtual Power Plant (VPP) Software
6.2. Services
Chapter 7. Global Distributed Energy Resource Management System Market by Application
7.1. Solar PV Units
7.2. Wind Generation Units
7.3. Energy Storage Systems
7.4. Combined Heat & Power Generation Systems
7.5. EV Charging Stations
7.6. Others
Chapter 8. Global Distributed Energy Resource Management System Market by End-use
8.1. Industrial
8.2. Commercial
8.3. Residential
Chapter 9. Global Distributed Energy Resource Management System Market by Region 2023-2030
9.1. North America
9.1.1. North America Distributed Energy Resource Management System Market by Component
9.1.2. North America Distributed Energy Resource Management System Market by Application
9.1.3. North America Distributed Energy Resource Management System Market by End-use
9.1.4. North America Distributed Energy Resource Management System Market by Country
9.1.4.1. The U.S. Distributed Energy Resource Management System Market
9.1.4.1.1. The U.S. Distributed Energy Resource Management System Market by Component
9.1.4.1.2. The U.S. Distributed Energy Resource Management System Market by Application
9.1.4.1.3. The U.S. Distributed Energy Resource Management System Market by End-use
9.1.4.2. Canada Distributed Energy Resource Management System Market
9.1.4.2.1. Canada Distributed Energy Resource Management System Market by Component
9.1.4.2.2. Canada Distributed Energy Resource Management System Market by Application
9.1.4.2.3. Canada Distributed Energy Resource Management System Market by End-use
9.1.4.3. Mexico Distributed Energy Resource Management System Market
9.1.4.3.1. Mexico Distributed Energy Resource Management System Market by Component
9.1.4.3.2. Mexico Distributed Energy Resource Management System Market by Application
9.1.4.3.3. Mexico Distributed Energy Resource Management System Market by End-use
9.2. Europe
9.2.1. Europe Distributed Energy Resource Management System Market by Component
9.2.2. Europe Distributed Energy Resource Management System Market by Application
9.2.3. Europe Distributed Energy Resource Management System Market by End-use
9.2.4. Europe Distributed Energy Resource Management System Market by Country
9.2.4.1. Germany Distributed Energy Resource Management System Market
9.2.4.1.1. Germany Distributed Energy Resource Management System Market by Component
9.2.4.1.2. Germany Distributed Energy Resource Management System Market by Application
9.2.4.1.3. Germany Distributed Energy Resource Management System Market by End-use
9.2.4.2. United Kingdom Distributed Energy Resource Management System Market
9.2.4.2.1. United Kingdom Distributed Energy Resource Management System Market by Component
9.2.4.2.2. United Kingdom Distributed Energy Resource Management System Market by Application
9.2.4.2.3. United Kingdom Distributed Energy Resource Management System Market by End-use
9.2.4.3. France Distributed Energy Resource Management System Market
9.2.4.3.1. France Distributed Energy Resource Management System Market by Component
9.2.4.3.2. France Distributed Energy Resource Management System Market by Application
9.2.4.3.3. France Distributed Energy Resource Management System Market by End-use
9.2.4.4. Italy Distributed Energy Resource Management System Market
9.2.4.4.1. Italy Distributed Energy Resource Management System Market by Component
9.2.4.4.2. Italy Distributed Energy Resource Management System Market by Application
9.2.4.4.3. Italy Distributed Energy Resource Management System Market by End-use
9.2.4.5. Rest of Europe Distributed Energy Resource Management System Market
9.2.4.5.1. Rest of Europe Distributed Energy Resource Management System Market by Component
9.2.4.5.2. Rest of Europe Distributed Energy Resource Management System Market by Application
9.2.4.5.3. Rest of Europe Distributed Energy Resource Management System Market by End-use
9.3. Asia Pacific
9.3.1. Asia Pacific Distributed Energy Resource Management System Market by Component
9.3.2. Asia Pacific Distributed Energy Resource Management System Market by Application
9.3.3. Asia Pacific Distributed Energy Resource Management System Market by End-use
9.3.4. Asia Pacific Distributed Energy Resource Management System Market by Country
9.3.4.1. China Distributed Energy Resource Management System Market
9.3.4.1.1. China Distributed Energy Resource Management System Market by Component
9.3.4.1.2. China Distributed Energy Resource Management System Market by Application
9.3.4.1.3. China Distributed Energy Resource Management System Market by End-use
9.3.4.2. Japan Distributed Energy Resource Management System Market
9.3.4.2.1. Japan Distributed Energy Resource Management System Market by Component
9.3.4.2.2. Japan Distributed Energy Resource Management System Market by Application
9.3.4.2.3. Japan Distributed Energy Resource Management System Market by End-use
9.3.4.3. India Distributed Energy Resource Management System Market
9.3.4.3.1. India Distributed Energy Resource Management System Market by Component
9.3.4.3.2. India Distributed Energy Resource Management System Market by Application
9.3.4.3.3. India Distributed Energy Resource Management System Market by End-use
9.3.4.4. South Korea Distributed Energy Resource Management System Market
9.3.4.4.1. South Korea Distributed Energy Resource Management System Market by Component
9.3.4.4.2. South Korea Distributed Energy Resource Management System Market by Application
9.3.4.4.3. South Korea Distributed Energy Resource Management System Market by End-use
9.3.4.5. Australia Distributed Energy Resource Management System Market
9.3.4.5.1. Australia Distributed Energy Resource Management System Market by Component
9.3.4.5.2. Australia Distributed Energy Resource Management System Market by Application
9.3.4.5.3. Australia Distributed Energy Resource Management System Market by End-use
9.3.4.6. Rest of Asia-Pacific Distributed Energy Resource Management System Market
9.3.4.6.1. Rest of Asia-Pacific Distributed Energy Resource Management System Market by Component
9.3.4.6.2. Rest of Asia-Pacific Distributed Energy Resource Management System Market by Application
9.3.4.6.3. Rest of Asia-Pacific Distributed Energy Resource Management System Market by End-use
9.4. RoW
9.4.1. RoW Distributed Energy Resource Management System Market by Component
9.4.2. RoW Distributed Energy Resource Management System Market by Application
9.4.3. RoW Distributed Energy Resource Management System Market by End-use
9.4.4. RoW Distributed Energy Resource Management System Market by Sub-region
9.4.4.1. Latin America Distributed Energy Resource Management System Market
9.4.4.1.1. Latin America Distributed Energy Resource Management System Market by Component
9.4.4.1.2. Latin America Distributed Energy Resource Management System Market by Application
9.4.4.1.3. Latin America Distributed Energy Resource Management System Market by End-use
9.4.4.2. Middle East Distributed Energy Resource Management System Market
9.4.4.2.1. Middle East Distributed Energy Resource Management System Market by Component
9.4.4.2.2. Middle East Distributed Energy Resource Management System Market by Application
9.4.4.2.3. Middle East Distributed Energy Resource Management System Market by End-use
9.4.4.3. Africa Distributed Energy Resource Management System Market
9.4.4.3.1. Africa Distributed Energy Resource Management System Market by Component
9.4.4.3.2. Africa Distributed Energy Resource Management System Market by Application
9.4.4.3.3. Africa Distributed Energy Resource Management System Market by End-use
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security