Growing Demand of Distributed Energy Resource Management System Market and its Global Outlook

The global distributed energy resource management system market was valued at USD 261.7 Million in 2016 and is expected to grow at a CAGR of 15.70%, from 2017 to 2022. Increasing share of renewable power generation in energy generation mix, reduced costs of wind power, photovoltaic system and battery storage, and shift from centralized to de-centralized power generation are major drivers that would trigger the distributed energy resource management system market.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the distributed energy resource management system market. These players include Siemens AG (Germany), ABB, Ltd. (Switzerland), General Electric (U.S.), and Schneider Electric (France). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.

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Scope of the Report

On the basis of Technology:

• Solar PV
• Wind
• Energy Storage
• Combined Heat & Power
• Others

On the basis of End-User:

• Government & Municipalities
• Industrial
• Commercial
• Residential
• Military

On the basis of Software:

• Analytics
• Management & Control
• Virtual Power Plants

On the basis of Region:

• North America
• Asia-Pacific
• Europe
• Rest of the world

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Objectives of the study:

• To define, describe, and forecast the global distributed energy resource management system market by technology, end-user, software, and region
• To provide detailed information about major factors influencing the growth of the distributed energy resource management system market (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze the distributed energy resource management system market with respect to individual growth trends, future prospects, and contribution of each segment to the market
• To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
• To strategically profile key players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions in the distributed energy resource management system market

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Target Audience:

• Demand Response Aggregators
• Distributed Energy Generation Solution Providers
• Distribution Grid Operators
• Electric Utilities
• Energy Storage Device/Equipment Manufacturers and Integrators
• Government Agencies
• Investors and Financial Community Professionals
• Market Research and Consulting Firms
• Micro grid Developers
• Renewable Power Generation and Equipment Manufacturing Companies
• State and National Regulatory Authorities

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues