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DERMS Market

Report Code EP 5405
Published in Dec, 2024, By MarketsandMarkets™
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DERMS Market by Offerings (Software, Services), Application (Solar PV Systems, Wind Energy Systems, Energy Storage, Combined Heat & Power Systems, EV Charging Solutions), End-User (Residential, Commercial, Industrial) & Region - Global Forecast to 2029

 

Overview

The distributed energy resource management systems (DERMS) market is expected to grow from USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8%. The DERMS market is driven by the increasing use of renewable energy, the rising focus on grid modernization and energy decentralization, favorable government policies promoting clean energy usage, significant advancements in smart grid technology, and the urgent need for advanced energy management solutions to balance supply and demand.

The rising demand for DERMS solutions across emerging applications such as integration with solar PV, wind energy, and other renewable energy sources; the increasing use of AI- and IoT-based predictive analytics; and the integration of DERMs into microgrids and virtual power plants are likely to create growth opportunities. Innovative technologies such as blockchain for secure energy transactions and cloud-based platforms enhance scalability and reliability while supporting sustainability and energy resilience goals.

DERMS Market

Attractive Opportunities in the DERMS Market

North America

Rapid urbanization and population growth have led to a surge in energy demand in North America. Utilities are shifting toward automated distribution for more efficient and reliable power delivery.

Smart grid technologies require DERMS to enhance the reliability and efficiency of the electrical grid.

Surging demand from emerging markets such as India and China drives market growth for industrial and residential applications.

The expansion of urban infrastructure and public utilities increases the need for DERMS.

Europe is expected to be the second-largest market for DERMS during the forecast period.

Global DERMS Market Dynamics

Driver: Growing adoption of renewable energy in power generation due to robust government policies

The growing adoption of renewable energy sources in power generation is a key driver for the DERMS market, supported by government policies aimed at reducing greenhouse gas emissions. The World Nuclear Association reports that more than 40% of carbon dioxide emissions related to energy come from fossil fuel consumption. As countries are shifting toward renewables for power generation, heating, desalination, and clean cooking solutions, the International Energy Agency (IEA) reports that renewables accounted for 29.5% of global electricity generation in 2022, with an expected rise to 42% in 2028. This transition emphasizes the need for effective DERMS to manage and optimize distributed energy resources.

Globally, governments are setting ambitious renewable energy goals to better combat climate change, secure energy, and lower carbon emissions. For instance, the European Union is expected to source 32% of its energy from renewable sources by 2030. Similarly, for the United States and China, there are many benefits associated with increasing renewable energy usage through solar and wind projects. Tax credits, subsidies, and feed-in tariffs facilitate the development of large- and small-scale renewable projects, attracting developers and consumers.

Restraints: High upfront and recurring costs of DERMS

The high initial installation cost of DERMS poses a significant barrier to adoption. These systems require a complex setup with advanced hardware and software, including sensors, controllers, communication networks, and data analytics tools. They also require customization and extensive testing to make them compatible with different types of distributed energy resources across various regions. This complexity and high upfront and recurring costs make DERMS financially unfeasible for small utilities and individual power producers with limited budgets, as installation costs often exceed USD 100,000.

Moreover, DERMS requires specialized equipment and skilled professionals for designing, installing, maintaining, and upgrading systems, which can be costly due to the limited number of qualified workers. Utilities and energy companies sometimes incur additional costs when they upgrade their older electrical grids, as these systems often need significant improvements in communication and control technologies to support decentralized energy management. Also, regulatory uncertainties and the absence of standardized frameworks across the regions can discourage stakeholders from committing to such high-cost investments. Thus, despite having the potential to integrate renewable energy and enhance grid efficiency and reliability, the need for high initial and recurring investments hinders market growth.

 

Opportunities: Increasing investments in modernizing aging power infrastructure

Increasing investments in modernizing power infrastructure are likely to generate significant opportunities for the market players. As energy demands rise and electrical grids age, utilities and governments worldwide are committing large-scale funding toward modernizing power grid infrastructure to enhance grid reliability, resilience, and sustainability. Traditional grid systems find it difficult to integrate renewable sources and decentralize energy. As a result, there are substantial investments in advanced solutions including DERMS. This surge in modernization investments drives demand for DERMS as utilities recognize their critical role in creating a stable, flexible, and future-ready grid. For instance, the United States Department of Energy is investing in grid modernization initiatives through schemes such as GRIP, seeking to create a smarter and more resilient grid. Similar efforts are observed at a global level, with Germany and China taking the lead in terms of innovation in grids and DERMS deployment due to national energy policies based on renewable integration and decarbonization. Government initiatives also support these investments, with over 774 grid modernization efforts reported in the US in 2023 emphasizing renewable energy and smart grid technologies. The DOE's Grid 2030 roadmap aims to strengthen electricity infrastructure, recently committing up to USD 3.5 billion for 58 projects across 44 states to boost grid resilience and reliability.

Challenges: Cybersecurity issues

Cybersecurity threats pose a significant challenge to the growth of the DERMS market, as these systems are vulnerable to cyber risks. DERMS involves complex communication networks that connect distributed energy resources, including solar panels, wind turbines, battery storage systems, and electric vehicle (EV) chargers, to the central grid and with each other, facilitating real-time data sharing and control. Although essential for grid functionality and resilience, it presents vulnerabilities that hackers can exploit for cyberattacks, which might endanger DERMS operations. Cyberattacks in the energy sector more than doubled in 2023, indicating the increasing vulnerabilities associated with the digital conversion of important systems. The energy sector is responsible for 11% of all cyber incidents in 2023. In fact, this number has nearly doubled since 2019 and has been steadily increasing year by year. Data breaches, hacking, and extortion are the biggest threats to the energy sector, causing major problems in the oil, gas, electric, and renewable energy sectors. This rise in cyber threats highlights the importance of cybersecurity in safeguarding essential services crucial for economic maintenance and daily life.

Global DERMS Market Ecosystem Analysis

Key players in this ecosystem include Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland). These prominent companies are renowned for their reliability and financial stability as providers of DERMS. These companies have substantial experience and robust global sales and marketing networks to offer a variety of products and cutting-edge technologies. Their proven track record makes them trusted and knowledgeable partners for clients seeking DERMS. They can deliver quality products and services amid changing market scenarios.

Top Companies in DERMS Market
 

Software offerings to be fastest-growing segment in DERMS market during forecast period

The software segment is the most promising segment in the DERMS market because software solutions are essential for the effective administration, enhancement, and integration of DERs. DERMS software solutions enable real-time monitoring, data analysis, and control of distributed assets, including solar panels, wind turbines, battery storage systems, and electric vehicles. This integration becomes increasingly vital as variable renewable energy sources continue to grow, ensuring a resilient energy system that can adapt to changing conditions. Advanced analytics and machine learning algorithms in DERMS software allow utilities and energy operators to predict energy demand, optimize resource allocation, and maximize asset utilization.

Increased push for smart grids and digital transformation in energy systems further accelerate the demand for DERMS software. Moreover, policies and regulations at the governmental level and support from utilities that encourage an increase in the adoption of renewable sources and grid modernization propel the growth of this software segment. Also, advancements in cloud-based and AI-based solutions make them more readily available, scalable, and adaptive, gaining large-scale acceptance. Thus, software solutions fix the growing complexities of decentralized energy systems, cementing its pivotal position in the DERMS market.

Solar PV applications to exhibit highest CAGR in DERMS market during forecast period

The solar photovoltaic (PV) application is the fastest-growing type in the DERMS space, mainly because of the rapid growth in the installation of solar systems worldwide. Solar PVs are now integral to this global energy transition because of declining costs, positive government policies, and a growing emphasis on renewable resources to reduce carbon emissions.

DERMS solutions are critical to managing the unique challenges associated with solar PV, including intermittency, distributed generation, and bidirectional energy flows. They make the seamless integration of solar PV systems into the grid possible by offering real-time monitoring, energy forecasting, and grid balancing. By optimizing energy production and distribution, DERMS improves the efficiency and reliability of solar PV deployments and maintains the stability of the grid.

The growth in the installation of rooftop solar PV across residential and commercial sectors further strengthens the need for DERMS solutions. These solutions help aggregate and manage decentralized solar assets, creating virtual power plants that provide valuable services to the grid and optimize energy use. Smart grid penetration, along with the growing demand for renewable energy options, will ensure that solar PV remains at the center of development in DERMS.

North America to be largest DERMS market during forecast period

North America holds the largest share of the DERMS market at present, and a similar trend is expected to be observed in the coming years due to its advanced energy infrastructure, wide adoption of renewable energy sources, and significant grid modernization investments. Robust government support, including policies and incentives promoting clean energy and distributed energy resources, further supports the region. The market dominance of the region is also fueled by the presence of major providers of DERMS and the early adoption of innovative technologies such as AI-driven energy management and IoT-enabled smart grids. North America is dominating with its focus on attaining energy efficiency, reducing carbon emissions, and ensuring grid reliability. High energy demand from industrial and commercial sectors adds more strength to its market position.

HIGHEST CAGR MARKET DURING 2024–2029
INDIA FASTEST-GROWING MARKET IN REGION
DERMS Market Size and Share

Recent Developments of DERMS Market

  • In Feburary 2024, Itron, Inc., a company that offers products and services for energy and water resource management, partnered with Schneider Electric to enhance energy and grid management for utilities as homeowners and businesses increasingly adopt DERs, such as rooftop solar panels, battery energy storage solutions, electric vehicles, and microgrids at the grid edge. The companies will take a step-by-step approach to integrate their intelligent grid and DER management solutions to digitalize the demand and supply of electricity.
  • In July 2023, Schneider Electric and Pacific Gas and Electric Company (PG&E) partnered to implement a DERMS on Microsoft Azure. This collaboration aims to enhance grid reliability and promote the adoption of distributed energy resources (DERs), including electric vehicles, energy storage solutions, and rooftop solar systems.
  • In Feburary 2023, Siemens partnered with EnergyHub, a provider of grid-edge management solutions, to enhance utilities' grid-edge flexibility. By integrating EnergyHub's DERMS platform with turnkey program management, the collaboration aims to provide utilities with a comprehensive and scalable next-generation solution for managing distributed energy resources.
  • In May 2022, Schneider Electric partnered with Microsoft to enhance its EcoStruxure Grid portfolio. With the support of Microsoft Azure's open cloud computing platform, Schneider Electric could provide a deployment environment that allows grid planning and operations solutions to be hosted and managed in the cloud.
  • In May 2021, Emerson Electric Co. won a contract for digital grid solutions from Salt River Project (SRP), the largest electricity provider in the greater Phoenix area. Under the agreement, the company will reliably manage its distribution power grids, optimize operations, and ensure a growing supply of distributed energy resources. Emerson's technologies and smart grid platform will coordinate the utility's distribution operations, providing power to more than 1 million customers in Central Arizona.

Key Market Players

List of Top DERMS Market Companies

The DERMS Market is dominated by a few major players that have a wide regional presence. The major players in the DERMS Market are

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Scope of the Report

Report Attribute Details
Market size available for years 2019–2029
Base year considered 2023
Forecast period 2024–2029
Forecast units Value (USD Million/Billion)
Segments Covered DERMS Market by offerings, applications, end-users and region.
Regions covered North America, Europe, Asia Pacific, Latin America & Middle East & Africa

 

Key Questions Addressed by the Report

What is the current size of the DERMS market?
The current market size of the DERMS market is USD 0.44 billion in 2023.
What are the major drivers for the DERMS market?
Increased industrialization and supportive government policies have emerged as some major drivers for the DERMS market.
Which is the largest market for DERMS during the forecast period?
North America is expected to dominate the DERMS market between 2024 and 2029, followed by Europe. Perceived industrial growth in countries such as the US and Canada has increased the demand for DERMS systems to maintain operational efficiency and product quality.
Which segment is expected to be the largest end user in the DERMS market during the forecast period?
Industrial end users are likely to account for the largest market share. DERMS solutions enable industries to optimize energy usage, integrate renewable resources, and ensure grid stability, which is crucial for minimizing downtime and meeting sustainability targets. Additionally, industrial facilities often have larger budgets and infrastructure readiness for implementing DERMS than commercial and residential sectors, driving their market dominance.
Which is expected to be the largest market by application of the DERMS market during the forecast period?
Solar PV is the largest application in the DERMS market due to the global surge in solar energy adoption, driven by decreasing solar panel costs and strong government incentives.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
26
RESEARCH METHODOLOGY
32
EXECUTIVE SUMMARY
46
PREMIUM INSIGHTS
50
MARKET OVERVIEW
54
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Growing adoption of renewable energy in power generation due to robust government policies
    - Pressing need to enhance grid reliability and resilience to mitigate power outage risks
    RESTRAINTS
    - High installation costs of DERMS
    - Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions
    OPPORTUNITIES
    - Increasing investments in modernizing aging power infrastructure
    - Expansion of electric vehicle infrastructure
    CHALLENGES
    - Interoperability issues among different energy systems and technologies
    - Cybersecurity risks associated with DERMS
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.4 SUPPLY CHAIN ANALYSIS
  • 5.5 ECOSYSTEM ANALYSIS
  • 5.6 CASE STUDY ANALYSIS
    BURNS & MCDONNELL HELPS EVERGY TO INSTALL DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM TO REDUCE ENERGY CONSUMPTION
    SMARTER GRID SOLUTIONS HELPS NREL INCREASE PENETRATION OF DERS IN OVER 50% OF HOMES, COMMUNITIES, AND GRID LEVELS TO MANAGE POWER FLOW USING PV SYSTEM
  • 5.7 INVESTMENT AND FUNDING SCENARIO
  • 5.8 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Artificial intelligence and machine learning
    - Advanced metering infrastructure
    COMPLEMENTARY TECHNOLOGIES
    - Distributed control systems
    - Real-time communication and IoT integration
    ADJACENT TECHNOLOGIES
    - Grid edge analytics
    - Blockchain technology for energy transactions
  • 5.9 PATENT ANALYSIS
  • 5.10 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 8536)
    EXPORT SCENARIO (HS CODE 8536)
    IMPORT SCENARIO (HS CODE 854143)
    EXPORT SCENARIO (HS CODE 854143)
  • 5.11 KEY CONFERENCES AND EVENTS, 2025
  • 5.12 DISTRIBUTED ENERGY RESOURCES (DERS), BY GRID CONNECTION
    ON-GRID
    OFF-GRID
    HYBRID
  • 5.13 DISTRIBUTED ENERGY RESOURCE (DER) APPLICATIONS
    ENERGY STORAGE OPTIMIZATION
    DEMAND RESPONSE
    RENEWABLE ENERGY INTEGRATION
    MICROGRID MANAGEMENT
    GRID BALANCING AND STABILITY
    LOAD FORECASTING AND ENERGY ANALYTICS
  • 5.14 PRICING ANALYSIS
    INDICATIVE PRICING ANALYSIS, BY OFFERING, 2023
    AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023
  • 5.15 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    REGULATORY FRAMEWORK
  • 5.16 PORTER'S FIVE FORCES ANALYSIS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF NEW ENTRANTS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.17 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.18 IMPACT OF GENERATIVE AI/AI ON DERMS MARKET
    INTRODUCTION
    ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN DERMS MARKET
    IMPACT OF GENERATIVE AI/AI, BY APPLICATION AND REGION
    IMPACT OF AI ON DERMS MARKET, BY REGION
  • 5.19 GLOBAL MACROECONOMIC OUTLOOK
    GDP GROWTH
    RESEARCH AND DEVELOPMENT EXPENDITURE
    INVESTMENTS IN DERMS TECHNOLOGY
MARKET, BY OFFERING
92
  • 6.1 INTRODUCTION
  • 6.2 SOFTWARE
    ENERGY ANALYTICS SOFTWARE
    - Growing requirement for real-time visibility into network operations to boost demand
    VPP SOFTWARE
    - Ability to forecast energy production and consumption patterns to accelerate demand
    MANAGEMENT & CONTROL SOFTWARE
    - Potential to increase grid resiliency by automatically adjusting output of DERs to increase adoption
  • 6.3 SERVICES
    GRID STABILITY AND RELIABILITY REQUIREMENTS TO DRIVE DEMAND
MARKET, BY APPLICATION
101
  • 7.1 INTRODUCTION
  • 7.2 SOLAR PV SYSTEMS
    POTENTIAL TO MONITOR, CONTROL, AND OPTIMIZE ENERGY PRODUCTION AND DISTRIBUTION IN REAL TIME TO BOOST DEMAND
  • 7.3 WIND ENERGY SYSTEMS
    SIGNIFICANT NEED FOR EFFICIENT USE OF WIND ENERGY TO SPUR ADOPTION
  • 7.4 ENERGY STORAGE SYSTEMS
    STRONG FOCUS ON GRID MODERNIZATION TO STIMULATE MARKET GROWTH
  • 7.5 CHP SYSTEMS
    GOVERNMENT PROGRAMS AND INCENTIVES TO IMPROVE GRID RELIABILITY AND RESILIENCY TO PROMOTE DEPLOYMENT
  • 7.6 EV CHARGING SOLUTIONS
    HUGE INVESTMENT AND HIGH ADOPTION OF ELECTRIC VEHICLES TO FUEL MARKET GROWTH
  • 7.7 OTHER APPLICATIONS
DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER
112
  • 8.1 INTRODUCTION
  • 8.2 RESIDENTIAL
    RISING ADOPTION OF SMART HOME TECHNOLOGY TO FUEL SEGMENTAL GROWTH
  • 8.3 COMMERCIAL
    PRESSING NEED TO EFFECTIVELY UTILIZE POWER DURING PEAK HOURS TO TRIGGER DEMAND
  • 8.4 INDUSTRIAL
    SURGING DEMAND FOR ENERGY TO ENSURE UNINTERRUPTED PLANT OPERATIONS TO FOSTER MARKET GROWTH
DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION
119
  • 9.1 INTRODUCTION
  • 9.2 NORTH AMERICA
    US
    - Increasing government investments in renewable energy projects to contribute to market growth
    CANADA
    - Growing government initiatives to support grid modernization and increase energy efficiency to drive market
  • 9.3 EUROPE
    UK
    - Increasing focus on achieving net-zero carbon footprint and modernizing grid to fuel market growth
    GERMANY
    - Mounting government investment to modernize energy infrastructure to boost market growth
    FRANCE
    - Pressing need for grid infrastructure modernization to contribute to market growth
    DENMARK
    - Enhancing grid flexibility and reliability through advanced DERMS technologies to drive market
    REST OF EUROPE
  • 9.4 ASIA PACIFIC
    CHINA
    - Rapid industrialization and infrastructural development to accelerate market growth
    AUSTRALIA
    - Rising government investments in microgrid technology to drive market
    JAPAN
    - Heightened emphasis on integrating smart grids and achieving renewable energy targets to fuel market growth
    SOUTH KOREA
    - Surging focus on optimizing energy flows and maintaining grid stability to create lucrative opportunities
    REST OF ASIA PACIFIC
  • 9.5 MIDDLE EAST & AFRICA
    GCC
    - Saudi Arabia
    - UAE
    - Rest of GCC
    SOUTH AFRICA
    - Increasing investment in power infrastructure due to industrialization to expedite market growth
    REST OF MIDDLE EAST & AFRICA
  • 9.6 LATIN AMERICA
    MEXICO
    - Pressing need to improve EV charging infrastructure to drive market
    BRAZIL
    - Increasing electricity consumption due to economic development and urbanization to accelerate market growth
    ARGENTINA
    - Growing inclination toward power generation using renewable sources to fuel market growth
    REST OF LATIN AMERICA
    COMPETITIVE LANDSCAPE
  • 9.1 OVERVIEW
  • 9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
  • 9.3 REVENUE ANALYSIS, 2019–2023
  • 9.4 MARKET SHARE ANALYSIS, 2023
  • 9.5 COMPANY VALUATION AND FINANCIAL METRICS, 2023
  • 9.6 OFFERING COMPARISON
  • 9.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2023
    - Company footprint
    - Region footprint
    - Offering footprint
    - Application footprint
    - End user footprint
  • 9.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 9.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
    OTHER DEVELOPMENTS
COMPANY PROFILES
212
  • 10.1 KEY PLAYERS
    SCHNEIDER ELECTRIC
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    SIEMENS
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    ABB
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    HITACHI, LTD.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    GENERAL ELECTRIC COMPANY
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    - MnM view
    EMERSON ELECTRIC CO.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    ORACLE
    - Business overview
    - Products/Services/Solutions offered
    ITRON INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    ENEL SPA
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    EATON
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    ASPEN TECHNOLOGY INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    MITSUBISHI ELECTRIC POWER PRODUCTS, INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    ENERGYHUB
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    HONEYWELL INTERNATIONAL INC.
    - Business overview
    - Products/Services/Solutions offered
    - Recent developments
    INTERNATIONAL BUSINESS MACHINES CORPORATION
    - Business overview
    - Products/Services/Solutions offered
  • 10.2 OTHER PLAYERS
    OPEN ACCESS TECHNOLOGY INTERNATIONAL, INC.
    CGI INC.
    DOOSAN GRIDTECH
    EVERGEN
    VIRTUAL PEAKER
    GRIDX
    GRIDPOINT
    CONNECTED ENERGY
    AUTOGRID SYSTEMS, INC.
    MPREST
APPENDIX
269
  • 11.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 11.2 DISCUSSION GUIDE
  • 11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 11.4 CUSTOMIZATION OPTIONS
  • 11.5 RELATED REPORTS
  • 11.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 MAJOR SECONDARY SOURCES
  • TABLE 2 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET SNAPSHOT
  • TABLE 3 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 4 LIST OF MAJOR PATENTS, 2014–2023
  • TABLE 5 IMPORT DATA FOR HS CODE 8536-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
  • TABLE 6 EXPORT DATA FOR HS CODE 8536-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2023 (USD THOUSAND)
  • TABLE 7 IMPORT DATA FOR HS CODE 854143-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2023 (USD THOUSAND)
  • TABLE 8 EXPORT DATA FOR HS CODE 854143-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2023 (USD THOUSAND)
  • TABLE 9 DERMS MARKET: LIST OF CONFERENCES AND EVENTS, 2025
  • TABLE 10 INDICATIVE PRICING ANALYSIS, BY OFFERING, 2023 (USD/UNIT)
  • TABLE 11 AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023 (USD/UNIT)
  • TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 15 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 16 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 17 DERMS MARKET: REGULATIONS
  • TABLE 18 DERMS MARKET: PORTER'S FIVE FORCES ANALYSIS
  • TABLE 19 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR END USERS
  • TABLE 20 KEY BUYING CRITERIA, BY END USER
  • TABLE 21 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2023 (USD MILLION)
  • TABLE 22 MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 23 SOFTWARE: MARKET, BY TYPE, 2019–2023 (USD MILLION)
  • TABLE 24 SOFTWARE: MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 25 SOFTWARE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 26 SOFTWARE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 27 ENERGY ANALYTICS SOFTWARE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 28 ENERGY ANALYTICS SOFTWARE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 29 VPP SOFTWARE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 30 VPP SOFTWARE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 31 MANAGEMENT & CONTROL SOFTWARE: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 32 MANAGEMENT & CONTROL SOFTWARE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 33 SERVICES: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 34 SERVICES: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 35 MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 36 MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 37 SOLAR PV SYSTEMS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 38 SOLAR PV SYSTEMS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 39 WIND ENERGY SYSTEMS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 40 WIND ENERGY SYSTEMS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 41 ENERGY STORAGE SYSTEMS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 42 ENERGY STORAGE SYSTEMS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 43 CHP SYSTEMS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 44 CHP SYSTEMS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 45 EV CHARGING SOLUTIONS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 46 EV CHARGING SOLUTIONS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 47 OTHER APPLICATIONS: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 48 OTHER APPLICATIONS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 49 MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 50 MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 51 RESIDENTIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 52 RESIDENTIAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 53 COMMERCIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 54 COMMERCIAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 55 INDUSTRIAL: MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 56 INDUSTRIAL: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 57 MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 58 MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 59 NORTH AMERICA: MARKET, BY OFFERING, 2019–2023 (USD MILLION)
  • TABLE 60 NORTH AMERICA: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 61 NORTH AMERICA: MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)
  • TABLE 62 NORTH AMERICA: MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 63 NORTH AMERICA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 64 NORTH AMERICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 65 NORTH AMERICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 66 NORTH AMERICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 67 NORTH AMERICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 68 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 69 US: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 70 US: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 71 US: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 72 US: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 73 CANADA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 74 CANADA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 75 CANADA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 76 CANADA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 77 EUROPE: MARKET, BY OFFERING, 2019–2023 (USD MILLION)
  • TABLE 78 EUROPE: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 79 EUROPE: MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)
  • TABLE 80 EUROPE: MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 81 EUROPE: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 82 EUROPE: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 83 EUROPE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 84 EUROPE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 85 EUROPE: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 86 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 87 UK: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 88 UK: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 89 UK: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 90 UK: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 91 GERMANY: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 92 GERMANY: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 93 GERMANY: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 94 GERMANY: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 95 FRANCE: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 96 FRANCE: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 97 FRANCE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 98 FRANCE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 99 DENMARK: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 100 DENMARK: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 101 DENMARK: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 102 DENMARK: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 103 REST OF EUROPE: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 104 REST OF EUROPE: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 105 REST OF EUROPE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 106 REST OF EUROPE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 107 ASIA PACIFIC: MARKET, BY OFFERING, 2019–2023 (USD MILLION)
  • TABLE 108 ASIA PACIFIC: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 109 ASIA PACIFIC: MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)
  • TABLE 110 ASIA PACIFIC: MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 111 ASIA PACIFIC: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 112 ASIA PACIFIC: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 113 ASIA PACIFIC: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 114 ASIA PACIFIC: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 115 ASIA PACIFIC: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 116 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 117 CHINA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 118 CHINA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 119 CHINA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 120 CHINA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 121 AUSTRALIA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 122 AUSTRALIA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 123 AUSTRALIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 124 AUSTRALIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 125 JAPAN: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 126 JAPAN: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 127 JAPAN: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 128 JAPAN: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 129 SOUTH KOREA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 130 SOUTH KOREA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 131 SOUTH KOREA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 132 SOUTH KOREA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 133 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 134 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 135 REST OF ASIA PACIFIC: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 136 REST OF ASIA PACIFIC: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 137 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2019–2023 (USD MILLION)
  • TABLE 138 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 139 MIDDLE EAST & AFRICA: MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)
  • TABLE 140 MIDDLE EAST & AFRICA: MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 141 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 142 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 143 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 144 MIDDLE EAST & AFRICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 145 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 146 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 147 GCC: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 148 GCC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 149 SAUDI ARABIA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 150 SAUDI ARABIA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 151 SAUDI ARABIA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 152 SAUDI ARABIA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 153 UAE: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 154 UAE: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 155 UAE: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 156 UAE: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 157 REST OF GCC: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 158 REST OF GCC: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 159 REST OF GCC: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 160 REST OF GCC: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 161 SOUTH AFRICA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 162 SOUTH AFRICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 163 SOUTH AFRICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 164 SOUTH AFRICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 165 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 166 REST OF MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 167 REST OF MIDDLE EAST & AFRICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 168 REST OF MIDDLE EAST & AFRICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 169 LATIN AMERICA: MARKET, BY OFFERING, 2019–2023 (USD MILLION)
  • TABLE 170 LATIN AMERICA: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 171 LATIN AMERICA: MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)
  • TABLE 172 LATIN AMERICA: MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 173 LATIN AMERICA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 174 LATIN AMERICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 175 LATIN AMERICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 176 LATIN AMERICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 177 LATIN AMERICA: MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
  • TABLE 178 LATIN AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 179 MEXICO: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 180 MEXICO: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 181 MEXICO: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 182 MEXICO: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 183 BRAZIL: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 184 BRAZIL: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 185 BRAZIL: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 186 BRAZIL: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 187 ARGENTINA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 188 ARGENTINA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 189 ARGENTINA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 190 ARGENTINA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 191 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 192 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 193 REST OF LATIN AMERICA: MARKET, BY END USER, 2019–2023 (USD MILLION)
  • TABLE 194 REST OF LATIN AMERICA: MARKET, BY END USER, 2024–2029 (USD MILLION)
  • TABLE 195 MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024
  • TABLE 196 MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 197 MARKET: REGION FOOTPRINT
  • TABLE 198 MARKET: OFFERING FOOTPRINT
  • TABLE 199 MARKET: APPLICATION FOOTPRINT
  • TABLE 200 MARKET: END USER FOOTPRINT
  • TABLE 201 MARKET: LIST OF KEY STARTUPS/SMES
  • TABLE 202 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 203 MARKET:PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024
  • TABLE 204 MARKET: DEALS, JANUARY 2021–JUNE 2024
  • TABLE 205 MARKET: OTHER DEVELOPMENTS, JANUARY 2021–JUNE 2024
  • TABLE 206 SCHNIEDER ELECTRIC: COMPANY OVERVIEW
  • TABLE 207 SCHNIEDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 208 SCHNIEDER ELECTRIC: PRODUCT LAUNCHES
  • TABLE 209 SCHNIEDER ELECTRIC: DEALS
  • TABLE 210 SIEMENS: COMPANY OVERVIEW
  • TABLE 211 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 212 SIEMENS: DEALS
  • TABLE 213 ABB: COMPANY OVERVIEW
  • TABLE 214 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 215 ABB: DEALS
  • TABLE 216 HITACHI, LTD.: COMPANY OVERVIEW
  • TABLE 217 HITACHI, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 218 HITACHI, LTD.: DEVELOPMENTS
  • TABLE 219 GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW
  • TABLE 220 GENERAL ELECTRIC COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 221 GENERAL ELECTRIC COMPANY: DEALS
  • TABLE 222 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
  • TABLE 223 EMERSON ELECTRIC CO.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 224 EMERSON ELECTRIC CO.: DEALS
  • TABLE 225 EMERSON ELECTRIC CO.: OTHER DEVELOPMENTS
  • TABLE 226 ORACLE: COMPANY OVERVIEW
  • TABLE 227 ORACLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 228 ITRON INC.: COMPANY OVERVIEW
  • TABLE 229 ITRON INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 230 ITRON INC.: DEALS
  • TABLE 231 ITRON INC.: OTHER DEVELOPMENTS
  • TABLE 232 ENEL SPA: COMPANY OVERVIEW
  • TABLE 233 ENEL SPA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 234 ENEL SPA: DEALS
  • TABLE 235 EATON: COMPANY OVERVIEW
  • TABLE 236 EATON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 237 EATON: DEALS
  • TABLE 238 ASPEN TECHNOLOGY INC.: COMPANY OVERVIEW
  • TABLE 239 ASPEN TECHNOLOGY INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 240 ASPEN TECHNOLOGY INC.: DEALS
  • TABLE 241 MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: COMPANY OVERVIEW
  • TABLE 242 MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: PRODUCTS/SERVICES/ SOLUTIONS OFFERED
  • TABLE 243 MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: DEALS
  • TABLE 244 ENERGYHUB: COMPANY OVERVIEW
  • TABLE 245 ENERGYHUB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 246 ENERGYHUB: DEVELOPMENTS
  • TABLE 247 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
  • TABLE 248 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • TABLE 249 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
  • TABLE 250 INTERNATIONAL BUSINESS MACHINES CORPORATION: COMPANY OVERVIEW
  • TABLE 251 INTERNATIONAL BUSINESS MACHINES CORPORATION: PRODUCTS/SERVICES/ SOLUTIONS OFFERED
LIST OF FIGURES
 
  • FIGURE 1 MARKET SEGMENTATION AND REGIONAL SCOPE
  • FIGURE 2 MARKET: RESEARCH DESIGN
  • FIGURE 3 MARKET: DATA TRIANGULATION
  • FIGURE 4 MARKET: BOTTOM-UP APPROACH
  • FIGURE 5 MARKET: TOP-DOWN APPROACH
  • FIGURE 6 MARKET: DEMAND-SIDE ANALYSIS
  • FIGURE 7 KEY METRICS CONSIDERED TO ASSESS SUPPLY OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEMS
  • FIGURE 8 MARKET: SUPPLY-SIDE ANALYSIS
  • FIGURE 9 MARKET SHARE ANALYSIS, 2023
  • FIGURE 10 NORTH AMERICA DOMINATED MARKET IN 2023
  • FIGURE 11 SERVICES SEGMENT TO SECURE LARGER SHARE OF MARKET, BY OFFERING, IN 2024
  • FIGURE 12 SOLAR PV SYSTEMS SEGMENT TO HOLD MAJORITY OF MARKET SHARE, BY APPLICATION, IN 2024
  • FIGURE 13 INDUSTRIAL SEGMENT TO SECURE LARGEST SHARE OF MARKET, BY END USER, IN 2024
  • FIGURE 14 PRESSING NEED TO ENHANCE GRID RELIABILITY AND RESILIENCE TO MITIGATE POWER OUTAGE RISKS TO DRIVE MARKET
  • FIGURE 15 CHINA TO WITNESS HIGHEST CAGR IN GLOBAL MARKET DURING FORECAST PERIOD
  • FIGURE 16 SERVICES SEGMENT TO DOMINATE MARKET IN 2029
  • FIGURE 17 SOLAR PV SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2029
  • FIGURE 18 INDUSTRIAL SEGMENT TO CAPTURE LARGEST SHARE OF MARKET IN 2029
  • FIGURE 19 SERVICES SEGMENT AND US LED NORTH AMERICAN MARKET IN 2023
  • FIGURE 20 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 21 RENEWABLE ENERGY INSTALLATIONS, 2022–2028 (GW)
  • FIGURE 22 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS
  • FIGURE 23 DERMS MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 24 DERMS MARKET: ECOSYSTEM ANALYSIS
  • FIGURE 25 INVESTMENT AND FUNDING SCENARIO
  • FIGURE 26 PATENTS APPLIED AND GRANTED, 2014–2023
  • FIGURE 27 IMPORT SCENARIO FOR HS CODE 8536-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2021–2023
  • FIGURE 28 EXPORT SCENARIO FOR HS CODE 8536-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2021–2023
  • FIGURE 29 IMPORT SCENARIO FOR HS CODE 854143-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2022–2023
  • FIGURE 30 EXPORT SCENARIO FOR HS CODE 854143-COMPLIANT PRODUCTS FOR TOP 5 COUNTRIES, 2022–2023
  • FIGURE 31 AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023
  • FIGURE 32 PORTER'S FIVE FORCES ANALYSIS FOR MARKET
  • FIGURE 33 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR END USERS
  • FIGURE 34 KEY BUYING CRITERIA FOR END USERS
  • FIGURE 35 IMPACT OF GENERATIVE AI/AI ON END USERS AND REGIONS
  • FIGURE 36 SERVICES SEGMENT HELD MAJORITY OF MARKET SHARE IN 2023
  • FIGURE 37 SOLAR PV SYSTEMS HELD LARGEST SHARE OF MARKET IN 2023
  • FIGURE 38 INDUSTRIAL END USERS DOMINATED MARKET IN 2023
  • FIGURE 39 MARKET SHARE, BY REGION, 2023
  • FIGURE 40 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN MARKET FROM 2024 TO 2029
  • FIGURE 41 NORTH AMERICA: DERMS MARKET SNAPSHOT
  • FIGURE 42 ASIA PACIFIC: DERMS MARKET SNAPSHOT
  • FIGURE 43 SEGMENTAL REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023
  • FIGURE 44 MARKET SHARE ANALYSIS, 2023
  • FIGURE 45 MARKET: COMPANY VALUATION, 2023
  • FIGURE 46 MARKET: FINANCIAL METRICS (EV/EBITDA), 2023
  • FIGURE 47 OFFERING COMPARISON AMONG DIFFERENT COMPANIES
  • FIGURE 48 MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 49 MARKET: COMPANY FOOTPRINT
  • FIGURE 50 MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 51 SCHNIEDER ELECTRIC: COMPANY SNAPSHOT
  • FIGURE 52 SIEMENS: COMPANY SNAPSHOT
  • FIGURE 53 ABB: COMPANY SNAPSHOT
  • FIGURE 54 HITACHI, LTD.: COMPANY SNAPSHOT
  • FIGURE 55 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
  • FIGURE 56 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
  • FIGURE 57 ORACLE: COMPANY SNAPSHOT
  • FIGURE 58 ITRON INC.: COMPANY SNAPSHOT
  • FIGURE 59 ENEL SPA: COMPANY SNAPSHOT
  • FIGURE 60 EATON: COMPANY SNAPSHOT
  • FIGURE 61 ASPEN TECHNOLOGY INC.: COMPANY SNAPSHOT
  • FIGURE 62 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT

 

The study involved major activities in estimating the current size of the DERMS market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources referred to for this research study include annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles by recognized authors; and databases of various companies and associations. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both, market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, and related key executives from various companies and organizations operating in the DERMS market.

In the complete market engineering process, the top-down and bottom-up approaches, along with several data triangulation methods, were extensively used to perform the market size estimations and forecasts for all segments and subsegments listed in this report. Extensive qualitative and quantitative analyses were conducted to complete the market engineering process and list key information/insights throughout the report. Following is the breakdown of primary respondents:

DERMS Market Size, and Share

Note: Other designations include sales managers, engineers, and regional managers.
The tier of the companies is defined based on their total revenue; as of 2023: Tier 1 = > USD 1 billion,
Tier 2 = From USD 500 million to USD 1 billion, and Tier 3 = < USD 500 million.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the size of the DERMS market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

DERMS Market : Top-Down and Bottom-Up Approach

DERMS Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained below, the total market has been split into several segments and subsegments. The data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides.

Market Definition

A DERMS platform enables real-time control and communication of distributed energy resources, such as solar panels, energy storage solutions, and EV chargers, optimizing their integration and operation within the grid. It provides flexibility, reliability, and efficient energy management across the grid. The capabilities of DERMS include aggregation, optimization, and simplification of solar PV and energy storage plants and EV charging stations, ensuring greater reliability and efficient operation of the grid. DERM systems are crucial in managing areas with significant energy distribution demands. These systems are essential for seamlessly integrating electric vehicles (EVs), efficiently controlling microgrids, promoting renewable energy sources, enabling two-way power flow, and optimizing demand response management. Embracing DERM technology enhances energy efficiency and supports a sustainable energy future.

The market for distributed energy resource management systems is the sum of revenues global companies generate through the sales of distributed energy resource management systems.

Stakeholders

  • Utility companies
  • Distributed energy resource providers (DERPs)
  • Energy consumers
  • Technology providers
  • Government and regulatory agencies
  • Financial institutions
  • Research institutions and academic communities
  • Power and energy associations
  • Repairs and maintenance service providers
  • State and national regulatory authorities
  • Research and consulting companies in the clean energy generation sector
  • Organizations, forums, alliances, and associations
  • Industrial authorities and associations
  • State and national regulatory authorities
  • Distributed energy resource management system operators
  • Research institutes

Report Objectives

  • To define, describe, segment, and forecast the distributed energy resource management system (DERMS) market by offering, application, end user, and region, in terms of value
  • To describe and forecast the market for five key regions: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, along with their country-level market sizes, in terms of value
  • To provide detailed information regarding key drivers, restraints, opportunities, and challenges influencing market growth
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market size
  • To provide supply chain analysis, trends/disruptions impacting customer business, ecosystem analysis, pricing analysis, patent analysis, technology analysis, Porter’s five forces analysis, case study analysis, key conferences and events, regulatory landscape, global macroeconomic outlook, and trade analysis pertaining to distributed energy resource management systems
  • To analyze opportunities for stakeholders in the distributed energy resource management system market and draw a competitive landscape of the market
  • To compare distributed energy resource management systems offered by key market players based on their specifications and applications
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies2
  • To analyze competitive developments, such as contracts and agreements, investments and expansions, mergers and acquisitions, partnerships, joint ventures, and collaborations, in the distributed energy resource management system market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Product Analysis

  • Product Matrix, which provides a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analyses and profiling of additional market players

Previous Versions of this Report

Distributed Energy Resource Management System Market by Application (Solar PV, Wind, Energy Storage, CHP, EV Charging), Software (Analytics, Management & Control, VPP), End User (Industrial, Commercial, Residential), and Region - Global Forecast to 2026

Report Code EP 5405
Published in Oct, 2021, By MarketsandMarkets™

Distributed Energy Resource Management System Market by Application (Solar PV, Wind, Energy Storage, CHP, EV Charging), Software (Analytics, Management & Control, VPP), End User (Industrial, Commercial, Residential), and Region - Global Forecast to 2026

Report Code EP 5405
Published in Jul, 2017, By MarketsandMarkets™
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Growth opportunities and latent adjacency in DERMS Market

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