Global Distributed Energy Resource Management System Market was Valued at US$ 239.20 Mn in 2020 Growing at a CAGR of 19.5%
A new business intelligence report released by Absolute Markets Insights with title “Global Distributed Energy Resource Management System Market Size, Status and Forecast 2021-2030” is designed covering micro level of analysis by key business segments. The Global Distributed Energy Resource Management System Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing.
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Global distributed energy resource management system market is projected to be driven by growing need for efficient energy management systems to improve grid reliability of distributed energy resources (DERs). Distributed energy resource management systems enable operators to manage distribution grids with several connected distributed energy resource assets and benefits by managing utility scale and behind the meter resources. Growing demand for electrical power systems along with rising incidence of rolling blackouts, electricity shortages and power quality problems have caused several utility consumers to seek for reliable electricity sources.
In terms of revenue, global distributed energy resource management system market was valued at US$ 239.20 Mn in 2020 growing at a CAGR of 19.5% over the forecast period (2021 – 2029). Some of the key players operating in the global distributed energy resource management system market are Advantech Co., Ltd., AutoGrid Systems, Inc., Doosan GridTech, ENBALA Power Networks, GENERAL ELECTRIC, Hitachi ABB Power Grids Ltd, Itron Inc., Open Access Technology International, Inc., Schneider Electric, Siemens, Smarter Grid Solutions, Spirae, LLC, and Sunverge Energy Inc. amongst other market participants.
Global Distributed Energy Resource Management System Market:
By Component
- Software
- Integrated
- Standalone
- Services
- Professional Services
- Managed Services
By Deployment
- On Premise
- Cloud
By Distributed Energy Resources (DERs) Technology
- Solar PV
- Wind Power
- Combined Heat and Power Units (CHPs)
- Energy Storage
- Others
By Application
- Monitoring and Operation
- Analytics
- Virtual Power Plant
- Grid Capacity Management
- Others
By End-Users
- Industrial & Commercial
- Local Authorities & Municipalities
- Energy Service Companies
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
This global Distributed Energy Resource Management System market research analysis brings together a vast market place clearly into the focus. By understanding client’s requirements precisely and following them firmly, this Distributed Energy Resource Management System market research report has been structured. The report discusses the recent and future market trends and performs analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. The Distributed Energy Resource Management System report also has reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The Distributed Energy Resource Management System report is generated by proper use of SWOT analysis and Porter’s Five Forces analysis methods.
Report opportunities in the Distributed Energy Resource Management System market:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Distributed Energy Resource Management System Market
2. Market Penetration: Comprehensive information on the product portfolios of the top players in the Distributed Energy Resource Management System market.
3. The key findings and recommendations highlight crucial progressive industry trends in the Distributed Energy Resource Management System Market, thereby allowing players to develop effective long term strategies
4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Distributed Energy Resource Management System market
5. The report offers market share appraisals for regional and global levels
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