This Distributed Energy Resources Management System Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Distributed Energy Resources Management System Market report simplifies managing marketing of goods and services effectively.
 
Data Bridge Market Research analyses that the market is growing with a CAGR of 15.8% in the forecast period of 2021 to 2028 and is expected to reach USD 1,538.67 million by 2028. The increasing demand for DERMS for cost reduction is boosting the market.
 
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Market Overview
 
A distributed energy resources management system (DERMS) is a platform that helps distribution system operators (DSO) to manage their grids which are based on distributed energy resources (DER). In addition, it is a software platform used to organize the operation of the aggregated DER within a power grid. The usual DERMS application is found at the distribution grid level. The system typically requires a more full-fledged integration of various other systems such as a distribution management system (DSM) for integrating it with a utility. Furthermore, an outage management system (OMS) or a supervisory control and data acquisition (SCADA) system is usually needed to provide all DERMS functionality.
 
The major companies which are dealing in the distributed energy resources management system (DERMS) are General Electric, Siemens, Hitachi ABB Power Grids, COPA-DATA GmbH, Enel X S.r.l. (A subsidiary of Enel Spa), Accenture, AutoGrid Systems, Inc., Doosan GridTech (A subsidiary of Doosan Heavy Industries & Construction Co., Ltd.), ENBALA Power Networks, a Generac company, EnergyHub, ENGIE, Itron Inc., MACH Energy Inc., Open Access Technology International, Inc., Open Systems International, Inc. (A Subsidiary of Emerson Electric Co.), Opus One Solutions, Oracle, PXiSE Energy Solutions (A Subsidiary of Sempra Energy), Schneider Electric, Smarter Grid Solutions, Spirae, LLC, Sunverge Energy Inc., Viridity Energy Solutions Inc. (a Subsidiary of Ormat) and other in domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
 
Distributed Energy Resources Management System (DERMS) Market Scope and Market Size
 
The global distributed energy resources management system (DERMS) market is segmented on the basis of the technology, software, and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
 
  • On the basis of technology, the distributed energy resources management system (DERMS) market is segmented into solar PV, wind, CHP (combined heat & power), energy storage, and others. In 2021, the solar PV segment is expected to dominate the distributed energy resources management system (DERMS) market as it converts sunlight into electricity and is pollution-free. In addition, it is available in flexible size because of which customers can mold it into the size as per their requirement.
  • On the basis of software, the distributed energy resources management system (DERMS) market is segmented into analytics, virtual power plants, and management & control. In 2021, the analytics segment is expected to dominate the distributed energy resources management system (DERMS) market as it is used to forecast the demand of energy needed in a particular area and know the sources from which this energy is generated.
  • On the basis of end-user, the distributed energy resources management system (DERMS) market is segmented into infrastructure, power, oil & gas, automotive, aerospace, mining, marine, water & wastewater, food & beverages, semi-conductors, pulp & paper, CPG, HPC, entertainment, life sciences, and others. In 2021, the infrastructure segment is expected to dominate the distributed energy resources management system (DERMS) market as people install solar PV structures at their homes, offices, hospitals, and different places to reduce energy costs.
 
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 04: Distributed Energy Resources Management System Market Sizing
Part 05: Distributed Energy Resources Management System Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
 
 
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