Who are the key players in Distributed Energy Resource Management System Market?

Engie SA, General Electric Company, Siemens AG, Schneider Electric SE and ABB Ltd are the major companies operating in the Distributed Energy Resource Management System Market. Read More

Which is the fastest growing region in Distributed Energy Resource Management System Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Distributed Energy Resource Management System Market?

In 2024, the North America accounts for the largest market share in Distributed Energy Resource Management System Market. Read More

What years does this Distributed Energy Resource Management System Market cover, and what was the market size in 2023?

In 2023, the Distributed Energy Resource Management System Market size was estimated at USD 0.98 billion. The report covers the Distributed Energy Resource Management System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Distributed Energy Resource Management System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Distributed Energy Resource Management System Market Size

Market Size of Distributed Energy Resource Management System Industry

Distributed Energy Resource Management System Market Summary

Study Period	2019 - 2029
Market Size (2024)	USD 1.20 Billion
Market Size (2029)	USD 2.70 Billion
CAGR (2024 - 2029)	18.31 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Distributed Energy Resource Management System Market Analysis

The Distributed Energy Resource Management System Market size is estimated at USD 1.20 billion in 2024, and is expected to reach USD 2.70 billion by 2029, growing at a CAGR of 18.31% during the forecast period (2024-2029).

Over the medium term, factors such as an increasing shift toward renewables-based distributed power generation and rising investments in smart grid are expected to be some of the most significant drivers for the distributed energy resource management system (DERMS) market during the forecast period.
On the other hand, there is a high initial cost of setting up DERMS. This may pose a threat to the distributed energy resource management system (DERMS) market during the forecast period.
Nevertheless, the adoption of distributed power generation in the low-electrified areas of Asia-Pacific and Africa and the development of microgrids as a service are expected to act as opportunities in the market.
North America is expected to be the largest market during the forecast period, owing to supportive government policies for distributed power generation technology and the increasing share of renewables in the energy mix.

Distributed Energy Resource Management System Industry Segmentation

A distributed energy resources management system (DERMS) is a platform that helps distribution system operators (DSO) manage their grids, which are primarily based on distributed energy resources (DER).

The distributed energy resource management system (DERMS) market is segmented by technology, end user, and geography. The market is segmented by technology into solar photovoltaic (PV), electric vehicles, microgrids, and other technologies. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. By end user, the market is segmented into industrial, residential, and commercial. The report also covers the market size and forecasts across major regions. For each segment, the market sizing and forecasts were made based on revenue (USD).

By Technology
		Solar Photovoltaic (PV)
		Electric Vehicles
		Microgrids
		Other Technologies

By End User
		Industrial
		Residential
		Commercial

By Geography

North America
	United States
	Canada
	Rest of North America

Europe
	Germany
	Italy
	France
	United Kingdom
	Rest of Europe

Asia-Pacific
	India
	China
	Japan
	South Korea
	Rest of Asia-Pacific

South America
	Brazil
	Argentina
	Rest of South America

Middle East and Africa
	United Arab Emirates
	Saudi Arabia
	Saudi Arabia
	Rest of Middle East and Africa

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Distributed Energy Resource Management System Market Size Summary

The Distributed Energy Resource Management System (DERMS) market is poised for significant growth over the forecast period, driven by a shift towards renewable energy sources and increased investments in smart grid technologies. The market is expected to expand substantially, with North America leading due to supportive government policies and a growing share of renewables in the energy mix. Despite the high initial setup costs posing a challenge, opportunities arise from the adoption of distributed power generation in less electrified regions and the development of microgrids as a service. Solar photovoltaic (PV) systems, both rooftop and ground-mounted, are anticipated to be a major contributor to this growth, supported by decreasing installation costs and favorable government initiatives.

In North America, the DERMS market is expected to thrive, bolstered by the United States and Canada, which have a significant number of distributed generation units. The region's market growth is further supported by policies promoting solar energy adoption, such as tax credits and renewable portfolio standards. The increasing number of solar projects and the rise in electric vehicle adoption also contribute to the demand for DERMS. The market is semi-fragmented, with key players like General Electric, Siemens, ABB, Schneider Electric, and Engie playing significant roles. Recent trends in grid modernization and the expansion of renewable energy capacity globally provide additional momentum for the DERMS market, aligning with international goals for increased renewable energy generation.

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Distributed Energy Resource Management System Market Size - Table of Contents

1. MARKET OVERVIEW
1. 1.1 Introduction
2. 1.2 Market Size and Demand Forecast, till 2029
3. 1.3 Recent Trends and Developments
4. 1.4 Government Policies and Regulations
5. 1.5 Market Dynamics
  1. 1.5.1 Drivers
    1. 1.5.1.1 Increasing Shift Toward Renewables-based Distributed Power Generation
    2. 1.5.1.2 Rising Investments in Smart Grid
  2. 1.5.2 Restraints
    1. 1.5.2.1 Expansion and Upgradation of Centralized Grid
6. 1.6 Supply Chain Analysis
7. 1.7 Porter's Five Forces Analysis
  1. 1.7.1 Bargaining Power of Suppliers
  2. 1.7.2 Bargaining Power of Consumers
  3. 1.7.3 Threat of New Entrants
  4. 1.7.4 Threat of Substitute Products and Services
  5. 1.7.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 By Technology
  1. 2.1.1 Solar Photovoltaic (PV)
  2. 2.1.2 Electric Vehicles
  3. 2.1.3 Microgrids
  4. 2.1.4 Other Technologies
2. 2.2 By End User
  1. 2.2.1 Industrial
  2. 2.2.2 Residential
  3. 2.2.3 Commercial
3. 2.3 By Geography
  1. 2.3.1 North America
    1. 2.3.1.1 United States
    2. 2.3.1.2 Canada
    3. 2.3.1.3 Rest of North America
  2. 2.3.2 Europe
    1. 2.3.2.1 Germany
    2. 2.3.2.2 Italy
    3. 2.3.2.3 France
    4. 2.3.2.4 United Kingdom
    5. 2.3.2.5 Rest of Europe
  3. 2.3.3 Asia-Pacific
    1. 2.3.3.1 India
    2. 2.3.3.2 China
    3. 2.3.3.3 Japan
    4. 2.3.3.4 South Korea
    5. 2.3.3.5 Rest of Asia-Pacific
  4. 2.3.4 South America
    1. 2.3.4.1 Brazil
    2. 2.3.4.2 Argentina
    3. 2.3.4.3 Rest of South America
  5. 2.3.5 Middle East and Africa
    1. 2.3.5.1 United Arab Emirates
    2. 2.3.5.2 Saudi Arabia
    3. 2.3.5.3 Saudi Arabia
    4. 2.3.5.4 Rest of Middle East and Africa

Distributed Energy Resource Management System Market Size FAQs

How big is the Distributed Energy Resource Management System Market?

The Distributed Energy Resource Management System Market size is expected to reach USD 1.20 billion in 2024 and grow at a CAGR of 18.31% to reach USD 2.70 billion by 2029.