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Distributed Energy Resource Management System (DERMS) Market Trends with Forecast up to 2018 – 2026

by amolm · June 24, 2019


A distributed energy resource management system (DERMS) allows utilities to manage distribution grids with a variety of connected distributed energy generation (DEG) assets and capitalizes on the benefits from the distributed resources including behind-the-meter and larger utility-grade resources. They play a crucial role in catering to the rising energy demand. Insufficient power supplied by centralized power systems coupled with their rising prices are expected to lay the groundwork for the DEG systems market which will be a crucial factor adding to the growth of the distributed energy resource management system (DERMS) market.


Insufficient centralized electricity supply Eric Oelschlagel Dortmund Trikot , paradigm shift in energy generation toward green technology, and increased awareness about carbon footprint reduction coupled with revised FIT (Feed in Tariff) rates are expected to spur the market growth. The high initial investment acts as a major barrier to the market. However, price decline in the coming years is expected to overcome the restraint. Depleting fossil fuel coupled with their rising prices impacts the cost of energy y鈥檚 renewable systems are cost competitive and the most economic option for off-grid electrification. Low prices are likely to open new opportunities for the market which has helped reach grid parity quickly in these high priced electricity markets. The 20048EC directive was developed by the European Commission (EC) in 2004 to trim down emissions (greenhouse gases) and support cogeneration systems. This promotes the DEG systems market that contributes positively to the distributed energy resource management system (DERMS) market.


The global distributed energy resource management system (DERMS) market has been segmented on the basis of technology, software, end-user Omer Toprak Dortmund Trikot , and region. In terms of technology, the market has been classified into solar, wind, energy storage, combined heat & power and others. The software segment has been divided into management and control Marwin Hitz Dortmund Trikot , analytics, and virtual power plants. In terms of the end user segment, the global distributed energy resource management system market has been bifurcated into industrial, government, commercial Jacob Bruun Larsen Dortmund Trikot , residential, and military. On a regional basis, the market has been categorized into North America, Europe, Asia Pacific Julian Weigl Dortmund Trikot , Middle East & Africa, and South Africa.


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North America聽is expected to hold a prominent share of the global distributed energy resource management system market, followed by聽Europe in 2017. This trend is expected to continue during the forecast period. A number of factors such as the increasing demand for new advanced security systems, technical breakthroughs in the field of energy and power generation, supportive government regulations Dzenis Burnic Dortmund Trikot ,聽 and increasing adoption of IoT and related services are driving the growth of the market in North America and Europe. The market in Asia Pacific is expected to expand at a faster rate between 2018 and 2026. Developing economies in Asia such as India and China are inviting global players to enter their market, which is in turn supporting the growth of the overall market.


In the current scenario, the global distributed energy resource management system (DERMS) market is highly fragmented. However, there are a few well established players having strong distribution networks. Also, these players have deeply penetrated into the distributed energy resource management system (DERMS) market by introducing innovative and technologically advanced products. Th. Cheap Jerseys From China Wholesale Jerseys China Cheap Jerseys From China Cheap NFL Jerseys Cheap Nike NFL Jerseys Wholesale NFL Jerseys China Wholesale Jerseys Cheap Nike NFL Jerseys Wholesale NFL Jerseys China Cheap NFL Jerseys