Distributed Energy Resource Management System (DERMS) is an intelligent technology platform used to effectively manage and optimize the production, transmission, and consumption of distributed energy resources. With the popularization of renewable energy and the rapid growth of distributed energy resources (such as solar photovoltaic and wind power), distributed energy resource management systems are receiving increasing attention.
Distributed energy resource systems are relative to traditional centralized energy resource systems. The traditional centralized energy supply system uses large-capacity equipment, centralized production, and then delivers various types of energy to a large range of users through specialized transmission facilities (such as large power grids, large heat grids, etc.). Distributed energy resource systems, on the other hand, are small and medium-sized energy conversion and utilization systems that directly target users, produce and supply energy locally according to their needs, have multiple functions, and can meet multiple objectives.
Overview of Market Development and Analysis of Segmented Markets
In recent years, with the intelligence of the power system and the upgrading of the power grid, the advantages of distributed energy management systems in improving energy utilization efficiency, reducing operating costs, and enhancing power grid stability have become increasingly prominent. According to our research data, the global market size of distributed energy resource management systems was $742 million in 2023, among which the segmented market size of solar PV management systems was $266 million, with a market share of 35.86%.
From the perspective of downstream application patterns, the industrial sector is the largest downstream application market for distributed energy resource management systems. According to our data, the application scale of distributed energy resource management systems in the industrial sector in 2023 was $272 million, with a market share of 36.63%.
Global Distributed Energy Resource Management System Market Size and Market Segment Analysis
Source: www.globalmarketmonitor.com
Analysis of Market Development in Major Regions/Countries
Research shows that North America is the industry's largest revenue market. The revenue scale of the North American distributed energy resource management system market in 2023 was $338 million, with a proportion of 45.55% in the global market; The European market ranked second with a share of 26.82%, and the revenue scale of the distributed energy management system market was $199 million in 2023. In addition, Asian countries such as China, Japan, and India are also important components of the global distributed energy management system market and hold a certain share.
Global Distributed Energy Resource Management System Market Revenue and
Share by Region/Country in 2023
Regions/Countries
|
Market Revenue (Million USD)
|
Share
|
North America
|
338
|
45.55%
|
Europe
|
199
|
26.82%
|
China
|
49
|
6.60%
|
Japan
|
54
|
7.28%
|
India
|
19
|
2.56%
|
Southeast Asia
|
14
|
1.89%
|
Central & South America
|
22
|
2.96%
|
Source: www.globalmarketmonitor.com
Analysis of Future Development Trends
Intelligence: With the
continuous development of technologies such as artificial intelligence,
distributed energy management systems will become more intelligent, improving
the automation and autonomous decision-making capabilities of the system.
Greenization: With the
increasing awareness of environmental protection, distributed energy management
systems will pay more attention to environmental protection and sustainable
development, promoting the application of clean energy.
Globalization: With the opening
and integration of the global energy market, distributed energy management
systems will become more globalized, promoting the optimization and upgrading
of the global energy structure.
Cloud-based: With the
development of cloud computing technology, distributed energy management
systems will become more cloud-based, achieving centralized management and
sharing of data, and improving system scalability and flexibility.
For more industry information, please refer to our latest released "2023 Global Distributed Energy Resource Management System Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".