The global distribution energy resource management system market size was USD 487.9 million in 2022 and is expected to register a revenue CAGR of 18.2% during the forecast period. Increasing investments in distributed energy resources with a strong focus on decarbonization, grid modernization initiatives across the globe, rising demand for efficient energy management systems across various industries, and growing penetration of renewable energy sources are some of the major factors driving the distribution energy resource management system market revenue growth.

Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Distributed Energy Resource Management System market include:

ABB, General Electric, Mitsubishi Electric Corporation, Schneider Electric, Siemens, Emerson Electric Co., Itron Inc., Generac Power Systems, Inc., Enel Spa, Doosan Corporation., ENGIE, Advanced Control Systems, AutoGrid Systems, Inc., and Oracle

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Distributed Energy Resource Management System market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Distributed Energy Resource Management System Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Distributed Energy Resource Management System Market Segmentation:

• Component Outlook (Revenue, USD Million; 2019-2032)

  • Hardware
  • Software
  • Services

• Technology Outlook (Revenue, USD Million; 2019-2032)

  • Grid-Interactive Inverters
  • Energy Storage Systems
  • Smart Meters and Sensors

• Application Rating Outlook (Revenue, USD Million; 2019-2032)

  • Solar PV Units
  • Wind Generation Units
  • Energy Storage Systems
  • Combined Heat & Power Generation System
  • EV Charging Stations
  • Others

Distributed Energy Resource Management System Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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