Distributed Energy Resource Management Market Overview
Distributed Energy Resource Management Market is expected to reach USD 2.03 billion by 2030 at 16.48% CAGR during the forecast period 2022-2030.
The Distributed Energy Resource Management (DERM) market refers to the management and optimization of various distributed energy resources, such as solar panels, wind turbines, and energy storage systems, within a local energy network.
The growing demand for renewable energy sources, such as solar and wind, is driving the need for efficient management and optimization of these resources. DERM solutions enable the effective integration of these distributed energy resources into the grid, which can help reduce reliance on traditional energy sources and improve energy efficiency.
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Competitive Landscape
Increasing share of renewable power generation and growing government mandates is presumed to drive the distributed energy resource management market growth worldwide. The global distributed energy resource management market could be challenged by high adoption of green resources, nevertheless, organizations in the distributed energy resource management market will carry the growth rate forward. The distributed energy resource management market research report presents company profiles of major companies active in the distributed energy resource management market globally. Furthermore, the global distributed energy resource management market report offers an all-inclusive analysis of the market collected from the distributed energy resource management market’s primary and secondary sources covering both decision makers and thought leaders. The distributed energy resource management market research report highlights such key areas assisting businesses operating in the distributed energy resource management market to build better growth strategies.
Market Segmentation
The global distributed energy resource management market has been segmented based on end-user, region, software and technology.
On the basis of end-user, the market for distributed energy resource management is segmented based on commercial, government municipalities, and industrial.
On the basis of software, is segmented into analytics, management and control, VPP.
The global market for distributed energy resource management is also covered based on the technology segment which is further split into combined heat power, others, wind, and solar PV.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for distributed energy resource management are predominantly covered in the global distributed energy resource management market research report. Country-level distributed energy resource management markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level distributed energy resource management markets are covered in the report. In Asia-Pacific (APAC) region, the country-level distributed energy resource management markets covered are Japan, India, China, and others. The distributed energy resource management market research report also explores the regional market for distributed energy resource management present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The distributed energy resource management market research report also covers regional markets from the rest of the world alongside distributed energy resource management markets of Africa and the Middle East.
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Key Players
- ABB Ltd
- Autogrid Systems Inc.
- Siemens AG
- General Electric
- Open Access Technology International Inc.
- Spirae Inc.
- Schneider Electric
- Enbala Power Networks
- Doosan Gridtech
- Blue Pillar
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