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Distributed Energy Resource Management System Market by Technology, by Software, by End-User, and by Region - Global Forecast to 2022

Distributed Energy Resource Management System Market: Global Forecast until 2022

  • July 2017
  • 146 pages
  • ID: 5006187
In this report:
ACCORDING TO THE ENERGY STATISTICAL YEARBOOK 2016, THE TOTAL ELECTRICITY CONSUMPTION IN THE U.S. IN 2015 WAS AT ##,## TWH.
THE IEA ALSO PREDICTS THAT THE GLOBAL RENEWABLE GENERATION CAPACITY IS EXPECTED TO GROW BY ##%, OR ## GW, BY 2021.
RENEWABLE ENERGY'S CONTRIBUTION TO AUSTRALIA'S ELECTRICITY SUPPLY HAS INCREASED FROM ##.## PERCENT IN 2015 TO ##.## PERCENT IN 2016.

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"The distributed energy resource management system market is estimated to rise at a compound annual growth rate of ~15.7 percent, between 2017 and 2022."

The distributed energy resource management system market is estimated to grow $603.60M by 2022, at a compound annual growth rate of ~15.7 percent, between 2017 and 2022. The growing share of renewable power generation in energy generation mix, reduced costs of wind power, photovoltaic system, battery storage, and shift from centralized to de-centralized power generation are the main drivers of the distributed energy resource management system market.

Government mandates in renewables and updated policies which encourage to deploy more and more renewable sources of energy in the power generation mix, is one of the main driver that would drive the distributed energy resource management system market. In the distributed energy resource management system market, regulatory issues associated to distinct distributed energy resources could hinder the rise of the DERMS market.

"The solar PV distributed energy resource management system sub-segment, within the technology segment, is anticipated to grow at the highest CAGR (Compound annual growth rate), between 2017 and 2022."

The solar PV distributed energy resource management system sub-segment, within the technology segment, would grow at the highest compound annual growth rate (CAGR), during 2017 to 2022. It led the technology market within the distributed energy resource management system market in 2016 and is expected to dominate the industry during the outlook period.

This particular market is anticipated to grow in the outlook as a result of rising solar PV installation in the household sector as well as commercial buildings in North America continent and other parts of the world. Furthermore, EU and some countries of Asia-Pacific including Australia, Japan (JP), and South Korea also present opportunities as power de-centralization is on increase in these areas.

"North America (NA): The biggest market for distributed energy resource management system"

The sector in North America continent is currently the biggest market for distributed energy resource management system, closely followed by Europe (EU). The North America (NA) sector is primarily influenced by the U.S.A which has the world's biggest renewable energy deployment. Apart from the U.S., Canada (CA) recently began expanding its DERs deployment across the area.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects. The classification of primaries interviews is like:

By Company Type: Tier 1 60.0 percent, Tier 2 27.0 percent, Tier 3 13.0 percent

By Designation: C-Level- 35.0 percent, Manager-Level- 25.0 percent, Others- 40.0 percent

By area: North america (NA)- 60%, Europe- 30.0 percent, and Asia-Pacific- 10.0 percent,

Note: The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue; as of 2015: Tier 1 = >USD 20 billion, Tier 2 = $10.0B to $20.0B, and Tier 3 =

Key players in the distributed energy resource management system market includes Siemens Aktiengesellschaft, ABB, Limited, General Electric, and Schneider Electric.

Segment Research

The market research defines, depicts, and forecasts the overall distributed energy resource management system market by technology, software, end-user, and area. It also provides a in-depth qualitative and quantitative analysis of the market. The industry report offers a comprehensive analysis of major market drivers, industry restraints, alternatives, opportunities, and main issues. It also includes different important aspects of the market.

Why acquire this industry report?

The study determines and addresses top software operators for distributed energy resource management system, which would help service providers, review the rise in the industry demand for services.

The analysis benefits system providers distinguish the pulse of the sector, and offers business insights into drivers, market restraints, and opportunities.

The market research will facilitate top players comprehend the strategies of their competitors better, and will benefit in making tactical conclusions.

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