(I-BusinessNews.Com, February 17, 2019 ) Global Distributed Energy Resource Management System Market valued approximately USD 291.1 million in 2017 is anticipated to grow with a healthy growth rate of more than 15.70% over the forecast period 2018-2025. The Distributed Energy Resource Management System Market is continuously growing on surging trend in the global scenario. Distributed energy resources management system is a system which allows utilities to manage distribution grids with a range of linked distributed energy generation assets as well as capitalizes on the advantages from the distributed resources encompassing larger utility-grade resources and behind the meter. This is accomplished via specialized software programs, which are based on the specific needs of the energy management organizations or business.
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Key driving factors of market are reduced costs of wind power and wind storage, increasing share of renewable power generation and paradigm shift in energy generation toward green technology. In addition, increased awareness associated with carbon footprint coupled with revised FIT (Feed in Tariff) rates are anticipated to boost the market growth. Moreover, distributed energy resources enhancing system resiliency and reliability, shifting load away from high price periods and minimizing system losses through phase balancing and improved power factor. These factors also results in increase in demand of distributed energy resources management system across the globe. However, regulatory issues related various distributed energy resources and high initial investment is the restraining factor of the market. Further, price declining of distributed energy resources is also a factor which is limiting the market demand in the upcoming years.
The regional analysis of Global Distributed Energy Resource Management System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to favorable government support and U.S. has the world’s largest renewable energy deployment in the region. Europe is also contributing satisfactory growth in the global Distributed Energy Resource Management System market. Asia-Pacific is also anticipated to exhibit higher growth rate/CAGR over the forecast period 2018-2025 due to growing demand of renewable energy resources in developing countries such as India and China.
The major market player included in this report are:
• ABB Ltd.
• Autogrid Systems Inc.
• Siemens AG
• General Electric
• Schneider Electric
• Doosan Gridtech Inc.
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Table Of Content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Distributed Energy Resource Management System Market, by Technology, 2015-2025 (USD Billion)
1.3.2. Distributed Energy Resource Management System Market, by Software, 2015-2025 (USD Billion)
1.3.3. Distributed Energy Resource Management System Market, by End-User, 2015-2025 (USD Billion)
1.3.4. Distributed Energy Resource Management System Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Distributed Energy Resource Management System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Distributed Energy Resource Management System Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Distributed Energy Resource Management System Market Industry Analysis
4.1. Porters 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porters 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labor Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Distributed Energy Resource Management System Market, by Technology
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Key Market Players
5.4. Distributed Energy Resource Management System Market, Sub Segment Analysis
5.4.1. Solar PV
5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.4.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
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