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
The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. More use of renewable sources, such as solar and wind power, and decentralized energy systems and grid upgrading, has fostered rapid growth in the business for DERMS. Key drivers include government clean energy programs, development of smart grid technologies, and concerns about enhancing system stability and energy efficiency. Market opportunities include expanded use of DERMS applications in emerging markets, integration with AI and IoT to leverage predictive analytics, and increased focus on virtual power plants and microgrids. DERMS solutions are critical for maximizing distribution, lowering costs, and ensuring sustainability as energy systems become increasingly complex.
“Services market by offerings, is expected to be the largest segment from 2024 to 2029.”
The services sector tops the DERMS market because it provides critical functions towards successful deployment, operation, and maintenance of distributed energy resource management systems. Consulting, system integration, training, and continuous support with services help in DERMS deployment optimization across different kinds of energy settings. Tailor-made solutions for end-users are possible by ensuring seamless integration with existing energy infrastructure. In addition, a more complex solution also requires more advanced DERMS solutions. Therefore, services demand grows further, by which the service segment dominates the market.
“Industrial, by end-user, is expected to be the fastest-growing market from 2024 to 2029”
Industrial end-user is the fastest-growing sector in the DERMS market because of the high energy consumption level and the need for efficient management solutions in the sector. Manufacturing, Mining, Logistics, are a few sectors where it is increasingly adopted for the optimization of energy consumption, integration of renewable sources, and reduction in operational costs. Increasing Pressure for Sustainability and Compliance adds to the cause of adoption of DERMS in industrial sectors. Further, industries will benefit from DERMS, as it ensures grid reliability, minimizes downtime, and provides real-time energy insights, all of which make it imperative for any business to invest in advanced energy management solutions.
“North America is estimated to hold the largest market & Asia Pacific having highest CAGR for the forecasted period in DERMS market.”
The DERMS market is dominated by North America due to its advanced energy infrastructure, early adoption of renewable energy technologies, and strong regulatory support for grid modernization. The region's focus on sustainability, combined with significant investments in smart grids and distributed energy solutions, drives market growth. The Asia-Pacific is the fastest-growing market due to rapid industrialization and rising energy demand and an increased adoption of renewable energy sources like solar and wind. Government initiatives, subsidies, and progress in smart grid technologies further drive the growth of DERMS in emerging economies such as China, India, and Southeast Asian nations.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the DERMS market.
By Company Type: Tier 1- 35%, Tier 2- 40%, and Tier 3- 25%
By Designation: C-level Executives - 30%, Director Level- 25%, and Others- 45%
By Region: North America – 25%, Europe – 20%, Asia Pacific – 35%, Latin America: 10%, Middle East & Africa: 10%
Note: Other designations include sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:
The DERMS market is dominated by a few major players that have a wide regional presence. Some of the major players in the DERMS market Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others. The major strategy adopted by the players includes new product launches, joint ventures, acquisitions, and expansions.
Research Coverage:
The report defines, describes, and forecasts the DERMS market by mounting type, voltage range, type, application, verticals, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product launches, mergers and acquisitions, and recent developments associated with the DERMS market. Competitive analysis of upcoming startups in the DERMS market ecosystem is covered in this report.
Reasons to buy this report:
Reasons to buy this report The report will help the market leaders/new entrants DERMS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
“Services market by offerings, is expected to be the largest segment from 2024 to 2029.”
The services sector tops the DERMS market because it provides critical functions towards successful deployment, operation, and maintenance of distributed energy resource management systems. Consulting, system integration, training, and continuous support with services help in DERMS deployment optimization across different kinds of energy settings. Tailor-made solutions for end-users are possible by ensuring seamless integration with existing energy infrastructure. In addition, a more complex solution also requires more advanced DERMS solutions. Therefore, services demand grows further, by which the service segment dominates the market.
“Industrial, by end-user, is expected to be the fastest-growing market from 2024 to 2029”
Industrial end-user is the fastest-growing sector in the DERMS market because of the high energy consumption level and the need for efficient management solutions in the sector. Manufacturing, Mining, Logistics, are a few sectors where it is increasingly adopted for the optimization of energy consumption, integration of renewable sources, and reduction in operational costs. Increasing Pressure for Sustainability and Compliance adds to the cause of adoption of DERMS in industrial sectors. Further, industries will benefit from DERMS, as it ensures grid reliability, minimizes downtime, and provides real-time energy insights, all of which make it imperative for any business to invest in advanced energy management solutions.
“North America is estimated to hold the largest market & Asia Pacific having highest CAGR for the forecasted period in DERMS market.”
The DERMS market is dominated by North America due to its advanced energy infrastructure, early adoption of renewable energy technologies, and strong regulatory support for grid modernization. The region's focus on sustainability, combined with significant investments in smart grids and distributed energy solutions, drives market growth. The Asia-Pacific is the fastest-growing market due to rapid industrialization and rising energy demand and an increased adoption of renewable energy sources like solar and wind. Government initiatives, subsidies, and progress in smart grid technologies further drive the growth of DERMS in emerging economies such as China, India, and Southeast Asian nations.
In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the DERMS market.
By Company Type: Tier 1- 35%, Tier 2- 40%, and Tier 3- 25%
By Designation: C-level Executives - 30%, Director Level- 25%, and Others- 45%
By Region: North America – 25%, Europe – 20%, Asia Pacific – 35%, Latin America: 10%, Middle East & Africa: 10%
Note: Other designations include sales managers, marketing managers, product managers, and product engineers.
The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3:
The DERMS market is dominated by a few major players that have a wide regional presence. Some of the major players in the DERMS market Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others. The major strategy adopted by the players includes new product launches, joint ventures, acquisitions, and expansions.
Research Coverage:
The report defines, describes, and forecasts the DERMS market by mounting type, voltage range, type, application, verticals, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product launches, mergers and acquisitions, and recent developments associated with the DERMS market. Competitive analysis of upcoming startups in the DERMS market ecosystem is covered in this report.
Reasons to buy this report:
Reasons to buy this report The report will help the market leaders/new entrants DERMS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key 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), and challenges (Interoperability issues among different energy systems and technologies, Cybersecurity risks associated with DERMS)
- Product Development/ Innovation: The DERMS market is seeing substantial product development and innovation, driven by rising environmental concerns. Companies are investing in improved DERMS technology to manufacture advanced DERMS technologies.
- Market Development: 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.
- Market Diversification: In June 2024, Hitachi Energy invested an additional USD 4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027, doubling the investments done in the last three years. It will also support the deployment of power electronics-based solutions, grid automation and software solutions, and services in line with the Hitachi Energy 2030 Plan. Investments will also go into partnerships, supply chain, digitalization, and automation, which are enablers to support capacity expansion and increase speed to market.
- Competitive Assessment: In-depth analysis of market share, growth plans, and service offerings of top companies in the DERMS market, including Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED AND REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key participants in primary interviews
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.1.2.4 Key data from primary sources
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Demand-side analysis
2.3.3 CALCULATION FOR DEMAND-SIDE METRICS
2.3.4 ASSUMPTIONS FOR DEMAND-SIDE METRICS
2.3.4.1 Supply-side analysis
2.3.5 ASSUMPTIONS FOR SUPPLY-SIDE ANALYSIS
2.3.6 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
2.3.7 GROWTH FORECAST ASSUMPTIONS
2.4 RESEARCH LIMITATIONS
2.5 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET
4.2 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY
4.3 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING
4.4 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION
4.5 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER
4.6 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET
IN NORTH AMERICA, BY OFFERING AND COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing adoption of renewable energy in power generation due to robust government policies
5.2.1.2 Pressing need to enhance grid reliability and resilience to mitigate power outage risks
5.2.2 RESTRAINTS
5.2.2.1 High installation costs of DERMS
5.2.2.2 Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing investments in modernizing aging power infrastructure
5.2.3.2 Expansion of electric vehicle infrastructure
5.2.4 CHALLENGES
5.2.4.1 Interoperability issues among different energy systems and technologies
5.2.4.2 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
5.6.1 BURNS & MCDONNELL HELPS EVERGY TO INSTALL DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM TO REDUCE ENERGY CONSUMPTION
5.6.2 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
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Artificial intelligence and machine learning
5.8.1.2 Advanced metering infrastructure
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Distributed control systems
5.8.2.2 Real-time communication and IoT integration
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Grid edge analytics
5.8.3.2 Blockchain technology for energy transactions
5.9 PATENT ANALYSIS
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO (HS CODE 8536)
5.10.2 EXPORT SCENARIO (HS CODE 8536)
5.10.3 IMPORT SCENARIO (HS CODE 854143)
5.10.4 EXPORT SCENARIO (HS CODE 854143)
5.11 KEY CONFERENCES AND EVENTS, 2025
5.12 DISTRIBUTED ENERGY RESOURCES (DERS), BY GRID CONNECTION
5.12.1 ON-GRID
5.12.2 OFF-GRID
5.12.3 HYBRID
5.13 DISTRIBUTED ENERGY RESOURCE (DER) APPLICATIONS
5.13.1 ENERGY STORAGE OPTIMIZATION
5.13.2 DEMAND RESPONSE
5.13.3 RENEWABLE ENERGY INTEGRATION
5.13.4 MICROGRID MANAGEMENT
5.13.5 GRID BALANCING AND STABILITY
5.13.6 LOAD FORECASTING AND ENERGY ANALYTICS
5.14 PRICING ANALYSIS
5.14.1 INDICATIVE PRICING ANALYSIS, BY OFFERING, 2023
5.14.2 AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 REGULATORY FRAMEWORK
5.16 PORTER'S FIVE FORCES ANALYSIS
5.16.1 THREAT OF SUBSTITUTES
5.16.2 BARGAINING POWER OF SUPPLIERS
5.16.3 BARGAINING POWER OF BUYERS
5.16.4 THREAT OF NEW ENTRANTS
5.16.5 INTENSITY OF COMPETITIVE RIVALRY
5.17 KEY STAKEHOLDERS AND BUYING CRITERIA
5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.17.2 BUYING CRITERIA
5.18 IMPACT OF GENERATIVE AI/AI ON DERMS MARKET
5.18.1 INTRODUCTION
5.18.2 ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN DERMS MARKET
5.18.3 IMPACT OF GENERATIVE AI/AI, BY APPLICATION AND REGION
5.18.4 IMPACT OF AI ON DERMS MARKET, BY REGION
5.19 GLOBAL MACROECONOMIC OUTLOOK
5.19.1 GDP GROWTH
5.19.2 RESEARCH AND DEVELOPMENT EXPENDITURE
5.19.3 INVESTMENTS IN DERMS TECHNOLOGY
6 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY OFFERING
6.1 INTRODUCTION
6.2 SOFTWARE
6.2.1 ENERGY ANALYTICS SOFTWARE
6.2.1.1 Growing requirement for real-time visibility into network operations to boost demand
6.2.2 VPP SOFTWARE
6.2.2.1 Ability to forecast energy production and consumption patterns to accelerate demand
6.2.3 MANAGEMENT & CONTROL SOFTWARE
6.2.3.1 Potential to increase grid resiliency by automatically adjusting output of DERs to increase adoption
6.3 SERVICES
6.3.1 GRID STABILITY AND RELIABILITY REQUIREMENTS TO DRIVE DEMAND
7 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY APPLICATION
7.1 INTRODUCTION
7.2 SOLAR PV SYSTEMS
7.2.1 POTENTIAL TO MONITOR, CONTROL, AND OPTIMIZE ENERGY PRODUCTION AND DISTRIBUTION IN REAL TIME TO BOOST DEMAND
7.3 WIND ENERGY SYSTEMS
7.3.1 SIGNIFICANT NEED FOR EFFICIENT USE OF WIND ENERGY TO SPUR ADOPTION
7.4 ENERGY STORAGE SYSTEMS
7.4.1 STRONG FOCUS ON GRID MODERNIZATION TO STIMULATE MARKET GROWTH
7.5 CHP SYSTEMS
7.5.1 GOVERNMENT PROGRAMS AND INCENTIVES TO IMPROVE GRID RELIABILITY AND RESILIENCY TO PROMOTE DEPLOYMENT
7.6 EV CHARGING SOLUTIONS
7.6.1 HUGE INVESTMENT AND HIGH ADOPTION OF ELECTRIC VEHICLES TO FUEL MARKET GROWTH
7.7 OTHER APPLICATIONS
8 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY END USER
8.1 INTRODUCTION
8.2 RESIDENTIAL
8.2.1 RISING ADOPTION OF SMART HOME TECHNOLOGY TO FUEL SEGMENTAL GROWTH
8.3 COMMERCIAL
8.3.1 PRESSING NEED TO EFFECTIVELY UTILIZE POWER DURING PEAK HOURS TO TRIGGER DEMAND
8.4 INDUSTRIAL
8.4.1 SURGING DEMAND FOR ENERGY TO ENSURE UNINTERRUPTED PLANT OPERATIONS TO FOSTER MARKET GROWTH
9 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 US
9.2.1.1 Increasing government investments in renewable energy projects to contribute to market growth
9.2.2 CANADA
9.2.2.1 Growing government initiatives to support grid modernization and increase energy efficiency to drive market
9.3 EUROPE
9.3.1 UK
9.3.1.1 Increasing focus on achieving net-zero carbon footprint and modernizing grid to fuel market growth
9.3.2 GERMANY
9.3.2.1 Mounting government investment to modernize energy infrastructure to boost market growth
9.3.3 FRANCE
9.3.3.1 Pressing need for grid infrastructure modernization to contribute to market growth
9.3.4 DENMARK
9.3.4.1 Enhancing grid flexibility and reliability through advanced DERMS technologies to drive market
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 CHINA
9.4.1.1 Rapid industrialization and infrastructural development to accelerate market growth
9.4.2 AUSTRALIA
9.4.2.1 Rising government investments in microgrid technology to drive market
9.4.3 JAPAN
9.4.3.1 Heightened emphasis on integrating smart grids and achieving renewable energy targets to fuel market growth
9.4.4 SOUTH KOREA
9.4.4.1 Surging focus on optimizing energy flows and maintaining grid stability to create lucrative opportunities
9.4.5 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 GCC
9.5.1.1 Saudi Arabia
9.5.1.1.1 Transition from petroleum to balanced mix of natural gas and renewable energy for power generation to drive market
9.5.1.2 UAE
9.5.1.2.1 Implementation of initiatives to increase access to reliable and sustainable electricity to augment market growth
9.5.1.3 Rest of GCC
9.5.2 SOUTH AFRICA
9.5.2.1 Increasing investment in power infrastructure due to industrialization to expedite market growth
9.5.3 REST OF MIDDLE EAST & AFRICA
9.6 LATIN AMERICA
9.6.1 MEXICO
9.6.1.1 Pressing need to improve EV charging infrastructure to drive market
9.6.2 BRAZIL
9.6.2.1 Increasing electricity consumption due to economic development and urbanization to accelerate market growth
9.6.3 ARGENTINA
9.6.3.1 Growing inclination toward power generation using renewable sources to fuel market growth
9.6.4 REST OF LATIN AMERICA
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
10.3 REVENUE ANALYSIS, 2019–2023
10.4 MARKET SHARE ANALYSIS, 2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2023
10.6 OFFERING COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
10.7.5.2 Region footprint
10.7.5.3 Offering footprint
10.7.5.4 Application footprint
10.7.5.5 End user footprint
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
10.8.5.2 Competitive benchmarking of key startups/SMEs
10.9 COMPETITIVE SCENARIO
10.9.1 PRODUCT LAUNCHES
10.9.2 DEALS
10.9.3 OTHER DEVELOPMENTS
11 COMPANY PROFILES
11.1 KEY PLAYERS
11.1.1 SCHNEIDER ELECTRIC
11.1.1.1 Business overview
11.1.1.2 Products/Services/Solutions offered
11.1.1.3 Recent developments
11.1.1.3.1 Product launches
11.1.1.3.2 Deals
11.1.1.4 MnM view
11.1.1.4.1 Key strengths/Right to win
11.1.1.4.2 Strategic choices
11.1.1.4.3 Weaknesses and competitive threats
11.1.2 SIEMENS
11.1.2.1 Business overview
11.1.2.2 Products/Services/Solutions offered
11.1.2.3 Recent developments
11.1.2.3.1 Deals
11.1.2.4 MnM view
11.1.2.4.1 Key strengths/Right to win
11.1.2.4.2 Strategic choices
11.1.2.4.3 Weaknesses and competitive threats
11.1.3 ABB
11.1.3.1 Business overview
11.1.3.2 Products/Services/Solutions offered
11.1.3.3 Recent developments
11.1.3.3.1 Deals
11.1.3.4 MnM view
11.1.3.4.1 Key strengths/Right to win
11.1.3.4.2 Strategic choices
11.1.3.4.3 Weaknesses and competitive threats
11.1.4 HITACHI, LTD.
11.1.4.1 Business overview
11.1.4.2 Products/Services/Solutions offered
11.1.4.3 Recent developments
11.1.4.3.1 Developments
11.1.4.4 MnM view
11.1.4.4.1 Key strengths/Right to win
11.1.4.4.2 Strategic choices
11.1.4.4.3 Weaknesses and competitive threats
11.1.5 GENERAL ELECTRIC COMPANY
11.1.5.1 Business overview
11.1.5.2 Products/Services/Solutions offered
11.1.5.3 Recent developments
11.1.5.3.1 Deals
11.1.5.4 MnM view
11.1.5.4.1 Key strengths/Right to win
11.1.5.4.2 Strategic choices
11.1.5.4.3 Weaknesses and competitive threats
11.1.6 EMERSON ELECTRIC CO.
11.1.6.1 Business overview
11.1.6.2 Products/Services/Solutions offered
11.1.6.3 Recent developments
11.1.6.3.1 Deals
11.1.6.3.2 Other developments
11.1.7 ORACLE
11.1.7.1 Business overview
11.1.7.2 Products/Services/Solutions offered
11.1.8 ITRON INC.
11.1.8.1 Business overview
11.1.8.2 Products/Services/Solutions offered
11.1.8.3 Recent developments
11.1.8.3.1 Deals
11.1.8.3.2 Other developments
11.1.9 ENEL SPA
11.1.9.1 Business overview
11.1.9.2 Products/Services/Solutions offered
11.1.9.3 Recent developments
11.1.9.3.1 Deals
11.1.10 EATON
11.1.10.1 Business overview
11.1.10.2 Products/Services/Solutions offered
11.1.10.3 Recent developments
11.1.10.3.1 Deals
11.1.11 ASPEN TECHNOLOGY INC.
11.1.11.1 Business overview
11.1.11.2 Products/Services/Solutions offered
11.1.11.3 Recent developments
11.1.11.3.1 Deals
11.1.12 MITSUBISHI ELECTRIC POWER PRODUCTS, INC.
11.1.12.1 Business overview
11.1.12.2 Products/Services/Solutions offered
11.1.12.3 Recent developments
11.1.12.3.1 Deals
11.1.13 ENERGYHUB
11.1.13.1 Business overview
11.1.13.2 Products/Services/Solutions offered
11.1.13.3 Recent developments
11.1.13.3.1 Developments
11.1.14 HONEYWELL INTERNATIONAL INC.
11.1.14.1 Business overview
11.1.14.2 Products/Services/Solutions offered
11.1.14.3 Recent developments
11.1.14.3.1 Product launches
11.1.15 INTERNATIONAL BUSINESS MACHINES CORPORATION
11.1.15.1 Business overview
11.1.15.2 Products/Services/Solutions offered
11.2 OTHER PLAYERS
11.2.1 OPEN ACCESS TECHNOLOGY INTERNATIONAL, INC.
11.2.2 CGI INC.
11.2.3 DOOSAN GRIDTECH
11.2.4 EVERGEN
11.2.5 VIRTUAL PEAKER
11.2.6 GRIDX
11.2.7 GRIDPOINT
11.2.8 CONNECTED ENERGY
11.2.9 AUTOGRID SYSTEMS, INC.
11.2.10 MPREST
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 INCLUSIONS AND EXCLUSIONS
1.3.2 MARKETS COVERED AND REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key participants in primary interviews
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.1.2.4 Key data from primary sources
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Demand-side analysis
2.3.3 CALCULATION FOR DEMAND-SIDE METRICS
2.3.4 ASSUMPTIONS FOR DEMAND-SIDE METRICS
2.3.4.1 Supply-side analysis
2.3.5 ASSUMPTIONS FOR SUPPLY-SIDE ANALYSIS
2.3.6 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
2.3.7 GROWTH FORECAST ASSUMPTIONS
2.4 RESEARCH LIMITATIONS
2.5 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET
4.2 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY
4.3 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING
4.4 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION
4.5 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER
4.6 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET
IN NORTH AMERICA, BY OFFERING AND COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing adoption of renewable energy in power generation due to robust government policies
5.2.1.2 Pressing need to enhance grid reliability and resilience to mitigate power outage risks
5.2.2 RESTRAINTS
5.2.2.1 High installation costs of DERMS
5.2.2.2 Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing investments in modernizing aging power infrastructure
5.2.3.2 Expansion of electric vehicle infrastructure
5.2.4 CHALLENGES
5.2.4.1 Interoperability issues among different energy systems and technologies
5.2.4.2 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
5.6.1 BURNS & MCDONNELL HELPS EVERGY TO INSTALL DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM TO REDUCE ENERGY CONSUMPTION
5.6.2 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
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Artificial intelligence and machine learning
5.8.1.2 Advanced metering infrastructure
5.8.2 COMPLEMENTARY TECHNOLOGIES
5.8.2.1 Distributed control systems
5.8.2.2 Real-time communication and IoT integration
5.8.3 ADJACENT TECHNOLOGIES
5.8.3.1 Grid edge analytics
5.8.3.2 Blockchain technology for energy transactions
5.9 PATENT ANALYSIS
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO (HS CODE 8536)
5.10.2 EXPORT SCENARIO (HS CODE 8536)
5.10.3 IMPORT SCENARIO (HS CODE 854143)
5.10.4 EXPORT SCENARIO (HS CODE 854143)
5.11 KEY CONFERENCES AND EVENTS, 2025
5.12 DISTRIBUTED ENERGY RESOURCES (DERS), BY GRID CONNECTION
5.12.1 ON-GRID
5.12.2 OFF-GRID
5.12.3 HYBRID
5.13 DISTRIBUTED ENERGY RESOURCE (DER) APPLICATIONS
5.13.1 ENERGY STORAGE OPTIMIZATION
5.13.2 DEMAND RESPONSE
5.13.3 RENEWABLE ENERGY INTEGRATION
5.13.4 MICROGRID MANAGEMENT
5.13.5 GRID BALANCING AND STABILITY
5.13.6 LOAD FORECASTING AND ENERGY ANALYTICS
5.14 PRICING ANALYSIS
5.14.1 INDICATIVE PRICING ANALYSIS, BY OFFERING, 2023
5.14.2 AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023
5.15 REGULATORY LANDSCAPE
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.15.2 REGULATORY FRAMEWORK
5.16 PORTER'S FIVE FORCES ANALYSIS
5.16.1 THREAT OF SUBSTITUTES
5.16.2 BARGAINING POWER OF SUPPLIERS
5.16.3 BARGAINING POWER OF BUYERS
5.16.4 THREAT OF NEW ENTRANTS
5.16.5 INTENSITY OF COMPETITIVE RIVALRY
5.17 KEY STAKEHOLDERS AND BUYING CRITERIA
5.17.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.17.2 BUYING CRITERIA
5.18 IMPACT OF GENERATIVE AI/AI ON DERMS MARKET
5.18.1 INTRODUCTION
5.18.2 ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN DERMS MARKET
5.18.3 IMPACT OF GENERATIVE AI/AI, BY APPLICATION AND REGION
5.18.4 IMPACT OF AI ON DERMS MARKET, BY REGION
5.19 GLOBAL MACROECONOMIC OUTLOOK
5.19.1 GDP GROWTH
5.19.2 RESEARCH AND DEVELOPMENT EXPENDITURE
5.19.3 INVESTMENTS IN DERMS TECHNOLOGY
6 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY OFFERING
6.1 INTRODUCTION
6.2 SOFTWARE
6.2.1 ENERGY ANALYTICS SOFTWARE
6.2.1.1 Growing requirement for real-time visibility into network operations to boost demand
6.2.2 VPP SOFTWARE
6.2.2.1 Ability to forecast energy production and consumption patterns to accelerate demand
6.2.3 MANAGEMENT & CONTROL SOFTWARE
6.2.3.1 Potential to increase grid resiliency by automatically adjusting output of DERs to increase adoption
6.3 SERVICES
6.3.1 GRID STABILITY AND RELIABILITY REQUIREMENTS TO DRIVE DEMAND
7 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY APPLICATION
7.1 INTRODUCTION
7.2 SOLAR PV SYSTEMS
7.2.1 POTENTIAL TO MONITOR, CONTROL, AND OPTIMIZE ENERGY PRODUCTION AND DISTRIBUTION IN REAL TIME TO BOOST DEMAND
7.3 WIND ENERGY SYSTEMS
7.3.1 SIGNIFICANT NEED FOR EFFICIENT USE OF WIND ENERGY TO SPUR ADOPTION
7.4 ENERGY STORAGE SYSTEMS
7.4.1 STRONG FOCUS ON GRID MODERNIZATION TO STIMULATE MARKET GROWTH
7.5 CHP SYSTEMS
7.5.1 GOVERNMENT PROGRAMS AND INCENTIVES TO IMPROVE GRID RELIABILITY AND RESILIENCY TO PROMOTE DEPLOYMENT
7.6 EV CHARGING SOLUTIONS
7.6.1 HUGE INVESTMENT AND HIGH ADOPTION OF ELECTRIC VEHICLES TO FUEL MARKET GROWTH
7.7 OTHER APPLICATIONS
8 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY END USER
8.1 INTRODUCTION
8.2 RESIDENTIAL
8.2.1 RISING ADOPTION OF SMART HOME TECHNOLOGY TO FUEL SEGMENTAL GROWTH
8.3 COMMERCIAL
8.3.1 PRESSING NEED TO EFFECTIVELY UTILIZE POWER DURING PEAK HOURS TO TRIGGER DEMAND
8.4 INDUSTRIAL
8.4.1 SURGING DEMAND FOR ENERGY TO ENSURE UNINTERRUPTED PLANT OPERATIONS TO FOSTER MARKET GROWTH
9 DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,
BY REGION
9.1 INTRODUCTION
9.2 NORTH AMERICA
9.2.1 US
9.2.1.1 Increasing government investments in renewable energy projects to contribute to market growth
9.2.2 CANADA
9.2.2.1 Growing government initiatives to support grid modernization and increase energy efficiency to drive market
9.3 EUROPE
9.3.1 UK
9.3.1.1 Increasing focus on achieving net-zero carbon footprint and modernizing grid to fuel market growth
9.3.2 GERMANY
9.3.2.1 Mounting government investment to modernize energy infrastructure to boost market growth
9.3.3 FRANCE
9.3.3.1 Pressing need for grid infrastructure modernization to contribute to market growth
9.3.4 DENMARK
9.3.4.1 Enhancing grid flexibility and reliability through advanced DERMS technologies to drive market
9.3.5 REST OF EUROPE
9.4 ASIA PACIFIC
9.4.1 CHINA
9.4.1.1 Rapid industrialization and infrastructural development to accelerate market growth
9.4.2 AUSTRALIA
9.4.2.1 Rising government investments in microgrid technology to drive market
9.4.3 JAPAN
9.4.3.1 Heightened emphasis on integrating smart grids and achieving renewable energy targets to fuel market growth
9.4.4 SOUTH KOREA
9.4.4.1 Surging focus on optimizing energy flows and maintaining grid stability to create lucrative opportunities
9.4.5 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 GCC
9.5.1.1 Saudi Arabia
9.5.1.1.1 Transition from petroleum to balanced mix of natural gas and renewable energy for power generation to drive market
9.5.1.2 UAE
9.5.1.2.1 Implementation of initiatives to increase access to reliable and sustainable electricity to augment market growth
9.5.1.3 Rest of GCC
9.5.2 SOUTH AFRICA
9.5.2.1 Increasing investment in power infrastructure due to industrialization to expedite market growth
9.5.3 REST OF MIDDLE EAST & AFRICA
9.6 LATIN AMERICA
9.6.1 MEXICO
9.6.1.1 Pressing need to improve EV charging infrastructure to drive market
9.6.2 BRAZIL
9.6.2.1 Increasing electricity consumption due to economic development and urbanization to accelerate market growth
9.6.3 ARGENTINA
9.6.3.1 Growing inclination toward power generation using renewable sources to fuel market growth
9.6.4 REST OF LATIN AMERICA
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
10.3 REVENUE ANALYSIS, 2019–2023
10.4 MARKET SHARE ANALYSIS, 2023
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2023
10.6 OFFERING COMPARISON
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
10.7.1 STARS
10.7.2 EMERGING LEADERS
10.7.3 PERVASIVE PLAYERS
10.7.4 PARTICIPANTS
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
10.7.5.1 Company footprint
10.7.5.2 Region footprint
10.7.5.3 Offering footprint
10.7.5.4 Application footprint
10.7.5.5 End user footprint
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
10.8.1 PROGRESSIVE COMPANIES
10.8.2 RESPONSIVE COMPANIES
10.8.3 DYNAMIC COMPANIES
10.8.4 STARTING BLOCKS
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
10.8.5.1 Detailed list of key startups/SMEs
10.8.5.2 Competitive benchmarking of key startups/SMEs
10.9 COMPETITIVE SCENARIO
10.9.1 PRODUCT LAUNCHES
10.9.2 DEALS
10.9.3 OTHER DEVELOPMENTS
11 COMPANY PROFILES
11.1 KEY PLAYERS
11.1.1 SCHNEIDER ELECTRIC
11.1.1.1 Business overview
11.1.1.2 Products/Services/Solutions offered
11.1.1.3 Recent developments
11.1.1.3.1 Product launches
11.1.1.3.2 Deals
11.1.1.4 MnM view
11.1.1.4.1 Key strengths/Right to win
11.1.1.4.2 Strategic choices
11.1.1.4.3 Weaknesses and competitive threats
11.1.2 SIEMENS
11.1.2.1 Business overview
11.1.2.2 Products/Services/Solutions offered
11.1.2.3 Recent developments
11.1.2.3.1 Deals
11.1.2.4 MnM view
11.1.2.4.1 Key strengths/Right to win
11.1.2.4.2 Strategic choices
11.1.2.4.3 Weaknesses and competitive threats
11.1.3 ABB
11.1.3.1 Business overview
11.1.3.2 Products/Services/Solutions offered
11.1.3.3 Recent developments
11.1.3.3.1 Deals
11.1.3.4 MnM view
11.1.3.4.1 Key strengths/Right to win
11.1.3.4.2 Strategic choices
11.1.3.4.3 Weaknesses and competitive threats
11.1.4 HITACHI, LTD.
11.1.4.1 Business overview
11.1.4.2 Products/Services/Solutions offered
11.1.4.3 Recent developments
11.1.4.3.1 Developments
11.1.4.4 MnM view
11.1.4.4.1 Key strengths/Right to win
11.1.4.4.2 Strategic choices
11.1.4.4.3 Weaknesses and competitive threats
11.1.5 GENERAL ELECTRIC COMPANY
11.1.5.1 Business overview
11.1.5.2 Products/Services/Solutions offered
11.1.5.3 Recent developments
11.1.5.3.1 Deals
11.1.5.4 MnM view
11.1.5.4.1 Key strengths/Right to win
11.1.5.4.2 Strategic choices
11.1.5.4.3 Weaknesses and competitive threats
11.1.6 EMERSON ELECTRIC CO.
11.1.6.1 Business overview
11.1.6.2 Products/Services/Solutions offered
11.1.6.3 Recent developments
11.1.6.3.1 Deals
11.1.6.3.2 Other developments
11.1.7 ORACLE
11.1.7.1 Business overview
11.1.7.2 Products/Services/Solutions offered
11.1.8 ITRON INC.
11.1.8.1 Business overview
11.1.8.2 Products/Services/Solutions offered
11.1.8.3 Recent developments
11.1.8.3.1 Deals
11.1.8.3.2 Other developments
11.1.9 ENEL SPA
11.1.9.1 Business overview
11.1.9.2 Products/Services/Solutions offered
11.1.9.3 Recent developments
11.1.9.3.1 Deals
11.1.10 EATON
11.1.10.1 Business overview
11.1.10.2 Products/Services/Solutions offered
11.1.10.3 Recent developments
11.1.10.3.1 Deals
11.1.11 ASPEN TECHNOLOGY INC.
11.1.11.1 Business overview
11.1.11.2 Products/Services/Solutions offered
11.1.11.3 Recent developments
11.1.11.3.1 Deals
11.1.12 MITSUBISHI ELECTRIC POWER PRODUCTS, INC.
11.1.12.1 Business overview
11.1.12.2 Products/Services/Solutions offered
11.1.12.3 Recent developments
11.1.12.3.1 Deals
11.1.13 ENERGYHUB
11.1.13.1 Business overview
11.1.13.2 Products/Services/Solutions offered
11.1.13.3 Recent developments
11.1.13.3.1 Developments
11.1.14 HONEYWELL INTERNATIONAL INC.
11.1.14.1 Business overview
11.1.14.2 Products/Services/Solutions offered
11.1.14.3 Recent developments
11.1.14.3.1 Product launches
11.1.15 INTERNATIONAL BUSINESS MACHINES CORPORATION
11.1.15.1 Business overview
11.1.15.2 Products/Services/Solutions offered
11.2 OTHER PLAYERS
11.2.1 OPEN ACCESS TECHNOLOGY INTERNATIONAL, INC.
11.2.2 CGI INC.
11.2.3 DOOSAN GRIDTECH
11.2.4 EVERGEN
11.2.5 VIRTUAL PEAKER
11.2.6 GRIDX
11.2.7 GRIDPOINT
11.2.8 CONNECTED ENERGY
11.2.9 AUTOGRID SYSTEMS, INC.
11.2.10 MPREST
12 APPENDIX
12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 CUSTOMIZATION OPTIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
