MarkNtel Advisors Research Analyses that Distributed Energy Resources (DERs) Management Systems Market size was valued at around USD 401 million in 2023 and is projected to reach around USD 1,334 million by 2030. Along with this, the market is estimated to grow at a CAGR of about 17.03% during the forecast period, i.e., 2024-30.
Which are the top companies operating in the Distributed Energy Resources (DERs) Management Systems Market?
ABB Ltd., General Electric, Siemens AG, Schneider Electric, Oracle Corporation, Itron, Autogrid Systems Inc., Mitsubishi Electric Corporation, Opus One Solutions, Emerson Electric Co., Generac, Enel, Doosan Corporation, EnergyHub, Engie SA, and others.
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Competitive Landscape and Distributed Energy Resources (DERs) Management Systems Market Share Analysis:
The competitive landscape of the Distributed Energy Resources (DERs) Management Systems market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Distributed Energy Resources (DERs) Management Systems market, segment market potential, R&D investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.
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Research Scope and Market Categories:
By Software
- Analytics- Market Size & Forecast 2019-2030, USD Million
- Virtual Power Plant- Market Size & Forecast 2019-2030, USD Million
- Management & Control- Market Size & Forecast 2019-2030, USD Million
By Application
- Solar Photovoltaic (PV) Units- Market Size & Forecast 2019-2030, USD Million
- Wind Generation Units- Market Size & Forecast 2019-2030, USD Million
- Energy Storage Systems- Market Size & Forecast 2019-2030, USD Million
- Combined Heat & Power Generation Systems- Market Size & Forecast 2019-2030, USD Million
- EV Charging Stations- Market Size & Forecast 2019-2030, USD Million
- Others - Market Size & Forecast 2019-2030, USD Million
By End User
- Industrial- Market Size & Forecast 2019-2030, USD Million
- Residential- Market Size & Forecast 2019-2030, USD Million
- Commercial- Market Size & Forecast 2019-2030, USD Million
- Utilities- Market Size & Forecast 2019-2030, USD Million
Geographically, the report provides an in-depth analysis of consumption, revenue, market share, and growth rate—along with historical data and forecasts for the period 2024–2030 as detailed in the respective chapters.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Which are the driving factors of the Distributed Energy Resources (DERs) Management Systems Market?
Expansion of Power Grid Lines Amplifying Market Growth – Over the years, the population across the globe has increased substantially. As per the World Bank Statistics, in 2022, the total population reached around 7.95 billion, an increase of about 60 million people compared to 2021. Along with this, there has been a rise in urbanization across the region, like Asia-Pacific & South America. This is resulting in higher requirements for the residential spaces that need the power. Therefore, private entities are actively expanding their power gridlines to fulfill the requirements of the customers and make electricity accessible to the mass population. For instance, in 2022, Iberdrola announced an investment of around USD 45 billion to extend the grid network in the US. This expansion of electricity network infrastructure requires solutions that help in overall power management & distribution, thus supporting the Global DERs Management Systems Industry.
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Comprehensive Table of Contents Distributed Energy Resources (DERs) Management Systems Market Analysis and Forecast (2024-2030)
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Research Methodology
- Overview of Methodological Approaches
- Study Objectives
- Foundational Methodology
- Scope Definition
- Key Assumptions and Limitations
- Forecasting Approach
- Macroeconomic Outlook
- Distributed Energy Resources (DERs) Management Systems Market Porters Five Forces Analysis
- Distributed Energy Resources (DERs) Management Systems Market Supply Chain Analysis
- Distributed Energy Resources (DERs) Management Systems Market Trends & Insights
- Distributed Energy Resources (DERs) Management Systems Market Dynamics
- Drivers
- Challenges
- Distributed Energy Resources (DERs) Management Systems Market Growth Opportunities & Hotspots
- Distributed Energy Resources (DERs) Management Systems Market Policy & Regulations
- Distributed Energy Resources (DERs) Management Systems Market Pricing Analysis
- Distributed Energy Resources (DERs) Management Systems Market Outlook, 2020-2030F
- Market Size & Outlook
- Revenues (USD Million)
- Units Sold
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