Distributed Energy Resource Management System Market Analysis and Forecast by 2031

MARKET INTRODUCTION

Distributed energy resource management systems (DERMS) enable the utilities for managing the distribution grids with various connected energy generation assets. The factors including inadequate centralized supply of electricity, increasing awareness for reduction of carbon footprint, and paradigm shift to green technology are supplementing the growth of the DERMS market. However, high capital cost is projected to adversely impact the market.

MARKET DYNAMICS

The rising demand for energy across the world is driving the distributed energy resource management system market. Moreover, inadequate power supply by the centralized power systems paired with the rising prices of the systems are anticipated to fuel the demand for distributed energy resource management system market.

MARKET SCOPE

The "Global Distributed Energy Resource Management System Market Analysis to 2031" is a specialized and in-depth study of the electronics & semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the distributed energy resource management system market with detailed market segmentation by technology, solution type, end user, and geography. The global distributed energy resource management system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading distributed energy resource management system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global distributed energy resource management system market is segmented on the basis of technology, solution type, and end user. Based on technology, the market is segmented into energy storage, wind, solar PV, and combined heat & power. On the basis of solution type, the distributed energy resource management system market is segmented into management & control, analytics, and virtual power plants. On the basis of end user, the distributed energy resource management system market is segmented into government, commercial, residential, military, industrial, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global distributed energy resource management system market based on various segments. it also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Digital evidence management system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the distributed energy resource management system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the crowdfunding in these regions.

MARKET PLAYERS

The reports cover key developments in the distributed energy resource management system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from distributed energy resource management system market are anticipated to lucrative growth opportunities in the future with the rising demand for distributed energy resource management system in the global market. Below mentioned is the list of few companies engaged in the distributed energy resource management system market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the distributed energy resource management system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  ABB Ltd
•  Autogrid Systems, Inc.
•  Blue Pillar, Inc.
•  Enbala Power Networks, Inc.
•  Enernoc, Inc.
•  General Electric
•  Open Access Technology International, Inc.
•  Schneider Electric
•  Siemens AG
•  Spirae, Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Distributed Energy Resource Management System Report Scope