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Distributed Energy Resources Management System (DERMs) Market- Forecast & Opportunity, 2014-2027

Global Distributed Energy Resources Management System (DERMs), By Software(Analytics, Management & Control, Virtual Power Plants), By Technology (Solar, Wind, Fuel Cell, Reciprocating Engines and Others), By Application (Off-Grid and On-Grid), By End User (Residential, Commercial and Industrial), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2014-2027

Distributed Energy Resource Management Systems (DERMS) Market is expected to expand with a significant growth rate during the forecast period, 2019 to 2027. Decreasing cost of renewable technology, and demand for electricity, environmental benefits and growing renewable energy investments are some key factors that would trigger the DERMS Market.

Key Questions Answered in this Report:

  • What is the global distributed energy resources management system (DERMS) market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of DERMS at a global and regional level?
  • What is the revenue generated by distributed energy resources management system (DERMS) based on different software such as analytics, management & control, and virtual power5 plants at a global and regional level?
  • What is the revenue generated by DERMS based on different technology such as solar, wind, fuel cell. Reciprocating engines and others at a global and regional level?
  • What is the revenue generated by DERMS based on different applications such as on-grid and off-grid at a global and regional level?
  • What is the revenue generated by DERMS based on different end users such as residential, commercial and industrial at a global and regional level?
  • What is the market size and what are the various market opportunities of distributed energy resources management system (DERMS) across different regions?
  • What are the major driving forces that are expected to increase the demand for the distributed energy resources management system (DERMS) market during the forecast period?
  • What are the major challenges inhibiting the growth of the global distributed energy resources management system (DERMS) market?
  • Which are the major stakeholders in terms of their contribution and impact in the distributed energy resources management system (DERMS) ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for distributed energy resources management system (DERMS)?

Product Overview

Distributed energy resources are electricity-producing resources or controllable loads which directly connected with a local distribution system or can be connected with a host facility within the local distribution system. DERs include solar panels, power plants, combined heat, electricity storage, small natural gas-fuelled generators, electric vehicles and controllable loads, such as HVAC systems and electric water heaters. These resources are typically smaller in scale than the traditional generation facilities that serve most of Ontario demand.

Research Scope:

On the basis of Technology, the DERs market is segmented into Solar, wind, fuel cell, reciprocating engines and others. On the basis of application the market is bifurcated into; on-grid and off-grid. Further the market is bifurcated into End User which includes residential, commercial and industrial. Geographically, the global DERMs market is bifurcated into North America, Asia Pacific, Europe, Latin America, Middle East & Africa and their respective countries.

Market, By Software

  • Analytics
  • Management and control
  • Virtual Power Plants

Market, By Technology

  • Solar
  • Wind
  • Fuel Cell
  • Reciprocating engines
  • others

Market, By Application

  • Off-Grid
  • On-Grid

Market, By End User

  • Residential
  • Commercial
  • Industrial

 

Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

 

Countries Will Covered in the Report are:

(US, Canada, Mexico, Argentina,

Brazil, UK, France, Germany, Russia, Netherlands, China, India, South Korea, Japan, UAE, Saudi Arabia, South Africa, etc.)

 

Years considered for this report:

  • Historical Years: 2014 – 2017
  • Base Year: 2018
  • Forecast Period: 2019 – 2027

Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The DERMs Market is dominated by the presence of a few key players operating globally, which includes GE, Cisco Systems, Inc., Schneider Electric , Robert Bosch GmbH, Power Analytics Corporation, Hitachi, Ltd., IBM, Siemens, Mitsubishi Heavy Industries, Caterpillar, Cummins, Fuelcell Energy, First Solar, Bergey, Bloom Energy, Capstone and others market players.

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