The Global Distributed Energy Resources (DERs) Management Systems Market size was valued at around USD 401 million in 2023 and is projected to reach around USD 1,334 million by 2030. Along with this, the market is estimated to grow at a CAGR of about 17.03% during the forecast period, i.e., 2024-30.    

Global Distributed Energy Resources (DERs) Management Systems Market Driver:

Increasing Establishment of Healthcare Facilities – Expansion of Power Grid Lines Amplifying Market Growth – Over the years, the population across the globe has increased substantially. As per the World Bank Statistics, in 2022, the total population reached around 7.95 billion, an increase of about 60 million people compared to 2021. Along with this, there has been a rise in urbanization across the region, like Asia-Pacific & South America. This is resulting in higher requirements for the residential spaces that need the power. Therefore, private entities are actively expanding their power gridlines to fulfill the requirements of the customers and make electricity accessible to the mass population. For instance, in 2022, Iberdrola announced an investment of around USD 45 billion to extend the grid network in the US. This expansion of electricity network infrastructure requires solutions that help in overall power management & distribution, thus supporting the Global DERs Management Systems Industry.

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Market Dimensions & Projections

• Pricing Evaluation
• Recent Strategic Moves by Companies
• Primary Stakeholders
• Import/Export Trend Analysis
• Competitive Landscape Assessment
• Emerging Opportunities
• Market Trends and Indicators

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Global Distributed Energy Resources (DERs) Management Systems Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• By Software
  • Analytics- Market Size & Forecast 2019-2030, USD Million
  • Virtual Power Plant- Market Size & Forecast 2019-2030, USD Million
  • Management & Control- Market Size & Forecast 2019-2030, USD Million
• By Application
  • Solar Photovoltaic (PV) Units- Market Size & Forecast 2019-2030, USD Million
  • Wind Generation Units- Market Size & Forecast 2019-2030, USD Million
  • Energy Storage Systems- Market Size & Forecast 2019-2030, USD Million
  • Combined Heat & Power Generation Systems- Market Size & Forecast 2019-2030, USD Million
  • EV Charging Stations- Market Size & Forecast 2019-2030, USD Million
  • Others - Market Size & Forecast 2019-2030, USD Million
• By End User
  • Industrial- Market Size & Forecast 2019-2030, USD Million
  • Residential- Market Size & Forecast 2019-2030, USD Million
  • Commercial- Market Size & Forecast 2019-2030, USD Million
  • Utilities- Market Size & Forecast 2019-2030, USD Million
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -  ABB Ltd., General Electric, Siemens AG, Schneider Electric, Oracle Corporation, Itron, Autogrid Systems Inc., Mitsubishi Electric Corporation, Opus One Solutions, Emerson Electric Co., Generac, Enel, Doosan Corporation, EnergyHub, Engie SA, and others.

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