Distributed Energy Resource Management System Market, by Technology (Solar PV, Wind, Energy Storage, Combined Heat & Power, Others), End-User (Government & Municipalities, Industrial, Commercial, Residential, Military), Software (Analytics, Management & Control, Virtual Power Plants) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 08/15/2017 -- An electricity generation unit typically ranging from 3kW to 50MW is termed as distributed energy resources (DER) and it is located within a DER system near the end user. These are stand-alone units or parallel to electric utility. DER is being used since so long and is known by various names such as on-site power systems, generators, back-up generators. A technology that stress or produces power like flywheels and batteries is termed as distributed power while DER is a technology used in DP and DG. Under DER, it is possible to sell power back to the grid when allowed.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the distributed energy resource management system market. The scope of this report covers the distributed energy resource management system market by its major segments, which include the types, applications, and the major geographic regions.
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Regionally, the global distributed energy resource management system market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Among these, North America region is anticipated to remain dominant in the global market for distributed energy resource management system over the forecast period owing to increased production of renewable energy mainly in US region. Europe and Asia-Pacific region are projected are to observe considerable market growth in the coming years. Latin America as well as Middle East & Africa regions are expected to uphold limited deployments of DER management system over the forecast period.
This report analyzes the distributed energy resource management system market by the following segments:
Distributed Energy Resource Management System Market, by Technology
1. Solar PV
3. Energy Storage
4. Combined Heat & Power
Distributed Energy Resource Management System Market, by End-User
1. Government & Municipalities
Distributed Energy Resource Management System Market, by Software
2. Management & Control
3. Virtual Power Plants
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