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Distributed Energy Resource Management System Market Revenue to Hit $603.6 Million by 2022

The distributed energy resource management system market is expected to grow from an estimated USD 291.1 Million in 2017 to USD 603.6 Million by 2022, registering a CAGR of 15.70%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing share of renewable energy in the total energy generation mix, shift from centralized to de-centralized power generation, and reduced cost of DERs such as solar PV and battery storage.

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Distributed Energy Resource Management System Market Revenue to Hit $603.6 Million by 2022

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  1. Distributed Energy Resource Management System Market by Technology, by Software, by End-User, and by Region - Global Forecast to 2022 www.MarketsandMarkets.com

  2. Distributed Energy Resource Management System Market by Technology (Solar PV, Wind, Energy Storage, CHP), by Software (Analytics, Management & Control, VPP), by End-User (Government & Municipalities, Industrial, Commercial), and by Region - Global Forecast to 2022 The distributed energy resource management system market is expected to grow from an estimated USD 291.1 Million in 2017 to USD 603.6 Million by 2022, registering a CAGR of 15.70%, from 2017 to 2022. PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=256436187

  3. The industrial segment is expected to hold the largest share of the distributed energy resource management system market, by end-user, during the forecast period. The industrial sub-segment, within the end-user segment, led the distributed energy resource management system market in 2016, and is projected to dominate the market during the forecast period. However, the residential segment is expected to grow at the fastest rate during the forecast period. The growth of this segment is primarily driven by increasing deployment of DERs in industries such as petroleum and chemical where energy consumption is more than 350 kW.  These industries are located remotely, and require immediate source of electricity generation with cost effectiveness and efficiency measures. This would ultimately create new revenue pockets for the distributed energy resource management system market during the forecast period. Request for Customization : http://www.marketsandmarkets.com/requestCustomization.asp?id=%20256436187

  4. Browse >> 61 market data tables 34 figures 144 pagesand in-depth TOC on “Distributed Energy Resource Management System Market- Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. The analytics software sub-segment is expected to hold the largest share of the distributed energy resource management system market during the forecast period. The analytics sub-segment, within the software segment, led the distributed energy resource management system market in 2016, and is projected to dominate the market during the forecast period. However, the management and control segment is expected to grow at the fastest rate during the forecast period. The analytics software system is used to maximize the value of DERs. It also keeps the track of how a particular DER operates. As far as management and control is concerned, it is the intelligence system that provides the maximum value to the operators. Countries such as the U.S. and Germany are expected to drive the market demand, mostly because of the ongoing investment in renewable energy resources. Request Sample @ http://www.marketsandmarkets.com/requestsample.asp?id=256436187

  6. Target Audience: • The target audience of this report includes: • Demand Response Aggregators • Distributed Energy Generation Solution Providers • Distribution Grid Operators • Electric Utilities • Energy Storage Device/Equipment Manufacturers and Integrators • Government Agencies • Investors and Financial Community Professionals • Market Research and Consulting Firms • Micro grid Developers • Renewable Power Generation and Equipment Manufacturing Companies • State and National Regulatory Authorities • Speak to analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=256436187

  7. Key players • To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the distributed energy resource management system market. These players include • Siemens AG (Germany), • ABB, Ltd. (Switzerland), • General Electric (U.S.), • Schneider Electric (France) • Buy Now : - • http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=%20256436187

  8. Contact:Mr. RohanMarketsandMarkets™701 Pike Street,Suite 2175, Seattle,WA 98101, United States1-888-600-6441Email: sales@marketsandmarkets.com

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