Distributed Energy Resource Management System Market – Emerging Trends and Industry Review To 2022

The report "Distributed Energy Resource Management System Market Technology (Solar PV, Wind, Energy Storage, CHP), Software (Analytics, Management & Control, VPP), End-User (Government & Municipalities, Industrial, Commercial), and Region - Global Forecast to 2022", The distributed energy resource management system market is expected to grow from an estimated USD 291.1 Million in 2017 to USD 603.6 Million by 2022, registering a CAGR of 15.70%, from 2017 to 2022.

                                                                           

The global market is set to witness a significant growth due to the increasing share of renewable energy in the total energy generation mix, shift from centralized to de-centralized power generation, and reduced cost of DERs such as solar PV and battery storage.

Browse 61 Market Data Tables and 34 Figures spread through 144 Pages and in-depth TOC on "Distributed Energy Resource Management System Market - Global Forecast to 2022"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=256436187 

The industrial segment is expected to hold the largest share of the distributed energy resource management system market, by end-user, during the forecast period.

The industrial sub-segment, within the end-user segment, led the distributed energy resource management system market in 2016, and is projected to dominate the market during the forecast period. However, the residential segment is expected to grow at the fastest rate during the forecast period.

The growth of this segment is primarily driven by increasing deployment of DERs in industries such as petroleum and chemical where energy consumption is more than 350 kW.  These industries are located remotely, and require immediate source of electricity generation with cost effectiveness and efficiency measures. This would ultimately create new revenue pockets for the distributed energy resource management system market during the forecast period.

The analytics software sub-segment is expected to hold the largest share of the distributed energy resource management system market during the forecast period.

The analytics sub-segment, within the software segment, led the distributed energy resource management system market in 2016, and is projected to dominate the market during the forecast period. However, the management and control segment is expected to grow at the fastest rate during the forecast period.

Sample Copy @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=256436187

The analytics software system is used to maximize the value of DERs. It also keeps the track of how a particular DER operates. As far as management and control is concerned, it is the intelligence system that provides the maximum value to the operators. Countries such as the U.S. and Germany are expected to drive the market demand, mostly because of the ongoing investment in renewable energy resources.

Target Audience:

The target audience of this report includes:

·         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

North America: The leading market for distributed energy resource management system

In this report, the distributed energy resource management system market has been analyzed with respect to four regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. The market in North America is expected to dominate the global distributed energy resource management system market.

For instance, small scale distributed solar PV, which are generally found on residential rooftops, have grown significantly in the U.S. over the past several years. According to the Energy Information Administration (EIA), the total U.S. solar power generation (PV and thermal) was 3.6 million MWh in September 2015, with 33% coming from small-scale solar PV. Hence, the U.S. presents a greater opportunity for managing these DERs, which will ultimately drive the DERMS market.

Speak to Analyst  @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=256436187

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.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com