Distributed Energy Resource Management System Market to see Rapid Growth by 2029

The global distributed energy resource management system market is anticipated to grow at a significant CAGR of 15.5% during the forecast period (2023-2030). The rising inclination of governments towards clean energy, rising awareness towards conservation and use of renewable energies is a key factors driving the growth of the distributed energy resource management system market across the globe. As per REN21, the global renewable energy capacity has reached around 2,588 GW in 2019 as compared to 2,387 GW in 2017 (including hydropower). Around 200 gigawatts (GW) capacity was added in 2019. For the fifth constant year (2014-2019), the net installation of renewable energy is higher than the net installation of fossil fuel and nuclear fuel combined. 

Renewable sources accounted for more than 27.3% of global electricity generation by the end of 2018.Solar photovoltaic (PV) is the largest contributor to the renewable energy sector with around 57.0% that is around 115 GW. It is followed by wind power with 30.0% with 60 GW and hydropower with 8.0% with 16 GW. More than 90 countries have installed more than 1 GW of renewable generating capacity out of which 32 countries exceeded 10 GW of capacity. In 2019, the global renewable energy sector attracted an investment of $301.7 billion as compared to $296 billion in 2018. The growing renewable industry is likely to promote adoption of distributed energy resource management system which in turn will drive the market growth.

To Request a Sample of our Report on Distributed Energy Resource Management System Market:  https://www.omrglobal.com/request-sample/distributed-energy-resource-management-system-market

Market Coverage

•                 The market number available for – 2022-2030

•                 Base year- 2022

•                 Forecast period- 2023-2030

Segment Covered- 

•                 By Software

•                 By technology

•                 By End-User 

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

Competitive Landscape- Engie SA, General Electric Co., Itron Inc., Luxoft Holding, Inc., and Operation Technology, Inc. (ETAP), among others.

A full Report of Distributed Energy Resource Management System Market is Available @  https://www.omrglobal.com/industry-reports/distributed-energy-resource-management-system-market

Distributed Energy Resource Management System Market Report Segment

By Software

•                 Analytics

•                 Management & Control

•                 Virtual Power Plant & Simulation

By Technology

•                 Solar PV

•                 Wind Power

•                 Energy Storage

•                 Biogas

•                 Others (Biogas & Geothermal)

By End-Users

•                 Industrial 

•                 Commercial

•                 Residential

•                 Government

•                 Others (Defense)

Distributed Energy Resource Management System Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 ABB Ltd.

•                 Autogrid Systems, Inc.

•                 Black & Veatch Holding Co.

•                 Blue Pillar

•                 Doosan Gridtech, Inc.

•                 Enbala Power Networks, Inc.

•                 Engie SA

•                 General Electric Co.

•                 Itron Inc.

•                 Luxoft Holding, Inc.

•                 Operation Technology, Inc. (Etap)

•                 Opus One Solutions Energy Corp.

•                 Sensus Worldwide Holdings Ltd.

•                 Schneider Electric

•                 Siemens AG

•                 Smarter Grid Solutions

•                 Sunverge Energy Inc.

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/distributed-energy-resource-management-system-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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