info@marketresearchfuture.com   ๐Ÿ“ž  +1 (855) 661-4441(US)   ๐Ÿ“ž  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major playersรขโ‚ฌโ„ข financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Distributed Energy Resource Management System Market Trends

ID: MRFR//8143-CR | 119 Pages | Author: Priya Nagrale| July 2020

Global Distributed Energy Resource Management System Market Overview:


Distributed Energy Resource Management System Market Size was valued at USD 0.58 Billion in 2023. The Distributed Energy Resource Management System market industry is projected to grow from USD 0.68 Billion in 2024 to USD 2.11 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.19% during the forecast period (2024 - 2032). Integration of renewable energy sources, grid modernization and decentralization, energy efficiency and demand response, energy storage integration, government incentives and regulatory support, resilience and grid reliability, cost savings for utilities and consumers, increasing interest from commercial and industrial sectors, are the key market drivers enhancing the market growth.


Global Distributed Energy Resource Management System Market Overview1


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Distributed Energy Resource Management System Market Trends




  • Grid modernization and decentralization is driving the market growth




Decentralization and grid modernization are two interconnected market-drivers for Distributed Energy Resource Management Systems (DERMS). Traditional centralized power generating and distribution networks have difficulty keeping up with the changing energy demands as the world's need for electricity rises. Modernizing the electricity grid entails implementing cutting-edge techniques and methods to make the current network more adaptable, effective, and resilient. Decentralization, which replaces the traditional concept of massive, centralized power plants, simultaneously focuses on integrating distributed energy resources (DERs) into the grid, such as solar panels, wind turbines, energy storage devices, and demand-side management.


The growing share of renewable energy sources in the energy mix is one of the main forces behind DERMS. For instance, the use of solar and wind energy has increased significantly in recent years due to cost reductions and environmental concerns. However, the intermittent nature of renewable energy sources makes it difficult to maintain grid stability and supply and demand equilibrium. The management of these DERs' variability, output optimization, and smooth integration into the grid are all made possible by DERMS. Decentralization and grid modernization methods also encourage a two-way communication mechanism between utilities and customers. Consumers can participate actively in the energy ecosystem thanks to real-time data sharing made possible by advanced metering infrastructure and smart grid technology. Consumers can control their energy use using DERMS, store extra energy, and even sell extra power back to the grid, fostering a more democratic energy environment.


The integration of energy storage technologies into the grid is a significant component of grid modernization. Batteries and other energy storage devices are essential for stabilizing the grid, balancing intermittent renewable energy sources, and supplying backup power during power outages. In order to serve grid needs and consumer requirements, DERMS optimizes the operation of these energy storage assets. Decentralization and grid upgrading also help to increase grid resilience. The grid is less prone to single sources of failure by decentralizing power generation and delivery. Critical facilities can continue to run independently thanks to DERMS' smooth islanding of localized grids in the event of natural disasters or grid disruptions. Thus, driving the Distributed Energy Resource Management System market revenue.


Distributed Energy Resource Management System Market Segment Insights:


Distributed Energy Resource Management System Technology Insights


The Distributed Energy Resource Management System market segmentation, based on Technology, includes Solar PV, Energy Storage, Wind, Combined Heat & Power, and Others. The solar PV segment dominated the market in 2022. Solar PV technology's price has been gradually falling over the years, making it more and more competitive with traditional energy sources based on fossil fuels.


Figure 1: Distributed Energy Resource Management System Market, by technology, 2022 & 2032 (USD Billion)


Distributed Energy Resource Management System Market, by technology


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Distributed Energy Resource Management System Software Insights


The Distributed Energy Resource Management System market segmentation, based on Software, includes Analytics, Virtual Power Plants, and Management & Control. The software category generated the most income in 2022. The demand for cutting-edge DERMS software increases as smart grid technologies continue to take off. In order to successfully integrate distributed energy resources into smart grids, DERMS is essential since it enables smooth communication and coordination between various energy assets.


Distributed Energy Resource Management System End Use Insights


The Distributed Energy Resource Management System market segmentation, based on End Use, includes Industrial, Commercial, Residential, Government & Municipalities, and Military. The industrial segment dominated the market in 2022. Industrial buildings frequently need a steady and dependable energy supply to maintain operations. Enhancing energy resilience for crucial industrial operations, DERMS solutions with integrated energy storage systems can supply backup power during grid outages or unstable grid conditions.


Distributed Energy Resource Management System Regional Insights


By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Distributed Energy Resource Management System Market dominated this market in 2022 (45.80%). The adoption of DERMS systems has been pushed in North America by favorable energy policies and regulatory frameworks. The integration of renewable energy sources and energy efficiency have been promoted by governments at the federal, state, and local levels through a number of incentives and projects. The adoption of DERMS has been encouraged by these regulations, leading to market domination in the area. Further, the U.S. Distributed Energy Resource Management System market held the largest market share, and the Canada Distributed Energy Resource Management System market was the fastest growing market in the North America region.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure 2: Distributed Energy Resource Management System Market Share By Region 2022 (USD Billion)


Distributed Energy Resource Management System Market Share By Region


Source: Secondary Research, Primary Research, MRFR Database and Analyst Review


Europe Distributed Energy Resource Management System market accounts for the second-largest market share. Europe has set the standard for the usage of renewable energy sources. The member states of the European Union have set ambitious goals for increasing the share of renewable energy in their energy mix. In order to effectively manage and integrate these renewable resources, ensure grid stability, and increase energy efficiency, DERMS is crucial. Further, the German Distributed Energy Resource Management System market held the largest market share, and the UK Distributed Energy Resource Management System market was the fastest growing market in the European region


The Asia-Pacific Distributed Energy Resource Management System Market is expected to grow at the fastest CAGR from 2023 to 2032. High energy demands are seen among many industrial and commercial clients in the Asia Pacific region. Thanks to DERMS solutions, these consumers may enhance their complete energy management methods, optimize their energy use, and reduce their energy costs. Moreover, China’s Distributed Energy Resource Management System market held the largest market share, and the Indian Distributed Energy Resource Management System market was the fastest growing market in the Asia-Pacific region.


Distributed Energy Resource Management System Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Distributed Energy Resource Management System market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Distributed Energy Resource Management System industry must offer cost-effective items.


Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Distributed Energy Resource Management System industry to benefit clients and increase the market sector. In recent years, the Distributed Energy Resource Management System industry has offered some of the most significant advantages to medicine. Major players in the Distributed Energy Resource Management System market, including Siemens (Germany), ABB (Switzerland), General Electric (US), Doosan Corporation (South Korea), Schneider Electric (France), Enbala (Canada), Open Access Technology International Inc. (US), AutoGrid Systems Inc. (US), Spirae LLC (US), Enel X North America Inc. (US), Blue Pillar (US) and others, are attempting to increase market demand by investing in research and development operations.


Siemens AG (Siemens) focuses on technology. The automation, digitalization, and electrification fields are all covered by its operations. The company designs, develops, and manufactures goods in addition to installing complex projects and systems. Additionally, it provides a range of uniquely created solutions for various demands. Power generation and delivery, intelligent building infrastructure, and distributed energy systems are Siemens' areas of expertise. It provides medical technology, smart mobility solutions, and digital healthcare services for the road and rail transportation sectors. Siemens maintains locations for its manufacturing plants, distribution centers, and sales offices all around the world. It offers clients services in a variety of industries, such as manufacturing, infrastructure, process, and energy. Siemens has its headquarters in Munich, Bavaria, Germany.


Doosan Corp. (Doosan) is a diverse holding company. It operates in a range of activities, including the production of hydraulic equipment, industrial vehicles, water treatment facilities, engines, castings, forgings, hydraulic components, and construction and engineering equipment. Doosan also provides services in the areas of leisure, finance, consultancy, information technology, ingredients, media, materials, and distribution. The company sells low-speed diesel engines for ships, seawater desalination facilities, medium and large excavators and wheel loaders, portable air compressors, and accessories. The corporation operates in Asia, North America, Europe, the Middle East, and Oceania through its subsidiaries. The company's headquarters are in Seoul, South Korea.


Key Companies in the Distributed Energy Resource Management System market include



  • Siemens (Germany)

  • ABB (Switzerland)

  • General Electric (US)

  • Doosan Corporation (South Korea)

  • Schneider Electric (France)

  • Enbala (Canada)

  • Open Access Technology International Inc. (US)

  • AutoGrid Systems Inc. (US)

  • Spirae LLC (US)

  • Enel X North America Inc. (US)

  • Blue Pillar (US)


Distributed Energy Resource Management System Industry Developments


November 2022:Oracle offered an Advanced Distribution Management System to FirstEnergy, an Ohio-based company, to manage the response to power outages across its six-state electric system. Oracle helped the company build its Utilities Network Management System (NMS), which allowed FirstEnergy to actively monitor and control centers across its 10 power utilities.


November 2022:Awesense Wireless Inc. established a partnership with Kitu Systems Inc. to speed up the implementation of Distributed Energy Resource Management Systems (DERMS). The major objective of the alliance is to help electric utility companies implement DERMS and get beyond obstacles including erroneous data models, a lack of real-time visibility, and others.


Distributed Energy Resource Management System Market Segmentation:


Distributed Energy Resource Management System Technology Outlook



  • Solar PV

  • Energy Storage

  • Wind

  • Combined Heat & Power

  • Others


Distributed Energy Resource Management System Software Outlook



  • Analytics

  • Virtual Power Plants

  • Management & Control


Distributed Energy Resource Management System End Use Outlook



  • Industrial

  • Commercial

  • Residential

  • Government & Municipalities

  • Military


Distributed Energy Resource Management System Regional Outlook



  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East

    • Africa

    • Latin America



Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.