分散型エネルギー資源管理システム(DERMS)市場 – 2029年までの世界予測

Distributed Energy Resource Management System Market - Global Forecast to 2029

分散型エネルギー資源管理システム(DERMS)市場 - 製品(ソフトウェア、サービス)、用途(太陽光発電システム、風力エネルギーシステム、エネルギー貯蔵、熱電併給システム、EV充電ソリューション)、エンドユーザー(住宅、商業、産業)および地域別 - 2029年までの世界予測
DERMS Market by Offerings (Software, Services), Application (Solar PV Systems, Wind Energy Systems, Energy Storage, Combined Heat & Power Systems, EV Charging Solutions), End-User (Residential, Commercial, Industrial) & Region - Global Forecast to 2029

商品番号 : SMB-8132

出版社MarketsandMarkets
出版年月2024年12月
ページ数279
図表数313
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. More use of renewable sources, such as solar and wind power, and decentralized energy systems and grid upgrading, has fostered rapid growth in the business for DERMS. Key drivers include government clean energy programs, development of smart grid technologies, and concerns about enhancing system stability and energy efficiency. Market opportunities include expanded use of DERMS applications in emerging markets, integration with AI and IoT to leverage predictive analytics, and increased focus on virtual power plants and microgrids. DERMS solutions are critical for maximizing distribution, lowering costs, and ensuring sustainability as energy systems become increasingly complex.

分散型エネルギー資源管理システム(DERMS)市場は、2024年の推定6億1,000万米ドルから2029年までに14億4,000万米ドルまで、予測期間中に18.8%のCAGRで成長すると予想されています。

分散型エネルギー資源管理システム(DERMS)市場 - 2029年までの世界予測
distributed-energy-resource-management-system-market

“Services market by offerings, is expected to be the largest segment from 2024 to 2029.”

The services sector tops the DERMS market because it provides critical functions towards successful deployment, operation, and maintenance of distributed energy resource management systems. Consulting, system integration, training, and continuous support with services help in DERMS deployment optimization across different kinds of energy settings. Tailor-made solutions for end-users are possible by ensuring seamless integration with existing energy infrastructure. In addition, a more complex solution also requires more advanced DERMS solutions. Therefore, services demand grows further, by which the service segment dominates the market.

“Industrial, by end-user, is expected to be the fastest-growing market from 2024 to 2029”

Industrial end-user is the fastest-growing sector in the DERMS market because of the high energy consumption level and the need for efficient management solutions in the sector. Manufacturing, Mining, Logistics, are a few sectors where it is increasingly adopted for the optimization of energy consumption, integration of renewable sources, and reduction in operational costs. Increasing Pressure for Sustainability and Compliance adds to the cause of adoption of DERMS in industrial sectors. Further, industries will benefit from DERMS, as it ensures grid reliability, minimizes downtime, and provides real-time energy insights, all of which make it imperative for any business to invest in advanced energy management solutions.

“North America is estimated to hold the largest market & Asia Pacific having highest CAGR for the forecasted period in DERMS market.”

The DERMS market is dominated by North America due to its advanced energy infrastructure, early adoption of renewable energy technologies, and strong regulatory support for grid modernization. The region’s focus on sustainability, combined with significant investments in smart grids and distributed energy solutions, drives market growth. The Asia-Pacific is the fastest-growing market due to rapid industrialization and rising energy demand and an increased adoption of renewable energy sources like solar and wind. Government initiatives, subsidies, and progress in smart grid technologies further drive the growth of DERMS in emerging economies such as China, India, and Southeast Asian nations.

分散型エネルギー資源管理システム(DERMS)市場 - 2029年までの世界予測 region
distributed-energy-resource-management-system-market-region

In-depth interviews have been conducted with chief executive officers (CEOs), Directors, and other executives from various key organizations operating in the DERMS market.

  • By Company Type: Tier 1- 35%, Tier 2- 40%, and Tier 3- 25%
  • By Designation: C-level Executives – 30%, Director Level- 25%, and Others- 45%
  • By Region: North America – 25%, Europe – 20%, Asia Pacific – 35%, Latin America: 10%, Middle East & Africa: 10%

Note: Other designations include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million.

The DERMS market is dominated by a few major players that have a wide regional presence. Some of the major players in the DERMS market Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others. The major strategy adopted by the players includes new product launches, joint ventures, acquisitions, and expansions.

分散型エネルギー資源管理システム(DERMS)市場 - 2029年までの世界予測 ecosystem
distributed-energy-resource-management-system-market-ecosystem

Research Coverage:

The report defines, describes, and forecasts the DERMS market by mounting type, voltage range, type, application, verticals, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product launches, mergers and acquisitions, and recent developments associated with the DERMS market. Competitive analysis of upcoming startups in the DERMS market ecosystem is covered in this report.

Reasons to buy this report:

Reasons to buy this report The report will help the market leaders/new entrants DERMS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Growing adoption of renewable energy in power generation due to robust government policies, Pressing need to enhance grid reliability and resilience to mitigate power outage risks), restraints (High installation costs of DERMS, Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions), opportunities (Increasing investments in modernizing aging power infrastructure Expansion of electric vehicle infrastructure), and challenges (Interoperability issues among different energy systems and technologies, Cybersecurity risks associated with DERMS)
  • Product Development/ Innovation: The DERMS market is seeing substantial product development and innovation, driven by rising environmental concerns. Companies are investing in improved DERMS technology to manufacture advanced DERMS technologies.
  • Market Development: In July 2023, Schneider Electric and Pacific Gas and Electric Company (PG&E) partnered to implement a DERMS on Microsoft Azure. This collaboration aims to enhance grid reliability and promote the adoption of distributed energy resources (DERs), including electric vehicles, energy storage solutions, and rooftop solar systems.
  • Market Diversification: In June 2024, Hitachi Energy invested an additional USD 4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027, doubling the investments done in the last three years. It will also support the deployment of power electronics-based solutions, grid automation and software solutions, and services in line with the Hitachi Energy 2030 Plan. Investments will also go into partnerships, supply chain, digitalization, and automation, which are enablers to support capacity expansion and increase speed to market.
  • Competitive Assessment: In-depth analysis of market share, growth plans, and service offerings of top companies in the DERMS market, including Siemens (Germany), General Electric Company (US), Schneider Electric (France), ABB (Switzerland), and Hitachi, Ltd. (Switzerland), among others.

Table of Contents

1               INTRODUCTION              26

1.1           STUDY OBJECTIVES       26

1.2           MARKET DEFINITION   26

1.3           STUDY SCOPE   27

1.3.1        INCLUSIONS AND EXCLUSIONS 27

1.3.2        MARKETS COVERED AND REGIONAL SCOPE      28

1.3.3        YEARS CONSIDERED      29

1.4           CURRENCY CONSIDERED            29

1.5           LIMITATIONS    29

1.6           STAKEHOLDERS               30

1.7           SUMMARY OF CHANGES               30

2               RESEARCH METHODOLOGY       32

2.1           RESEARCH DATA              32

2.1.1        SECONDARY DATA          33

2.1.1.1    Key data from secondary sources       34

2.1.2        PRIMARY DATA 34

2.1.2.1    Key participants in primary interviews              35

2.1.2.2    Key industry insights           35

2.1.2.3    Breakdown of primaries      36

2.1.2.4    Key data from primary sources           37

2.2           MARKET BREAKDOWN AND DATA TRIANGULATION                 38

2.3           MARKET SIZE ESTIMATION         39

2.3.1        BOTTOM-UP APPROACH              39

2.3.2        TOP-DOWN APPROACH                39

2.3.2.1    Demand-side analysis          41

2.3.3        CALCULATION FOR DEMAND-SIDE METRICS     41

2.3.4        ASSUMPTIONS FOR DEMAND-SIDE METRICS     42

2.3.4.1    Supply-side analysis             42

2.3.5        ASSUMPTIONS FOR SUPPLY-SIDE ANALYSIS       43

2.3.6        CALCULATIONS FOR SUPPLY-SIDE ANALYSIS    43

2.3.7        GROWTH FORECAST ASSUMPTIONS      44

2.4           RESEARCH LIMITATIONS             44

2.5           RISK ASSESSMENT           45

3               EXECUTIVE SUMMARY  46

4               PREMIUM INSIGHTS       50

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET               50

4.2           DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY          51

4.3           DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING               51

4.4           DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION        52

4.5           DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER                52

4.6           DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET

IN NORTH AMERICA, BY OFFERING AND COUNTRY         53

5               MARKET OVERVIEW       54

5.1           INTRODUCTION              54

5.2           MARKET DYNAMICS       54

5.2.1        DRIVERS               55

5.2.1.1    Growing adoption of renewable energy in power generation due to robust government policies            55

5.2.1.2    Pressing need to enhance grid reliability and resilience to mitigate power outage risks                56

5.2.2        RESTRAINTS      57

5.2.2.1    High installation costs of DERMS     57

5.2.2.2    Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions          57

5.2.3        OPPORTUNITIES              58

5.2.3.1    Increasing investments in modernizing aging power infrastructure        58

5.2.3.2    Expansion of electric vehicle infrastructure     59

5.2.4        CHALLENGES    60

5.2.4.1    Interoperability issues among different energy systems and technologies           60

5.2.4.2    Cybersecurity risks associated with DERMS   60

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            62

5.4           SUPPLY CHAIN ANALYSIS             63

5.5           ECOSYSTEM ANALYSIS  64

5.6           CASE STUDY ANALYSIS 65

5.6.1        BURNS & MCDONNELL HELPS EVERGY TO INSTALL DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM TO REDUCE ENERGY CONSUMPTION            65

5.6.2        SMARTER GRID SOLUTIONS HELPS NREL INCREASE PENETRATION OF DERS IN OVER 50% OF HOMES, COMMUNITIES, AND GRID LEVELS TO MANAGE POWER FLOW USING PV SYSTEM           66

5.7           INVESTMENT AND FUNDING SCENARIO               66

5.8           TECHNOLOGY ANALYSIS             67

5.8.1        KEY TECHNOLOGIES     67

5.8.1.1    Artificial intelligence and machine learning     67

5.8.1.2    Advanced metering infrastructure     67

5.8.2        COMPLEMENTARY TECHNOLOGIES       67

5.8.2.1    Distributed control systems                67

5.8.2.2    Real-time communication and IoT integration                68

5.8.3        ADJACENT TECHNOLOGIES       68

5.8.3.1    Grid edge analytics               68

5.8.3.2    Blockchain technology for energy transactions                68

5.9           PATENT ANALYSIS          69

5.10         TRADE ANALYSIS             72

5.10.1      IMPORT SCENARIO (HS CODE 8536)        72

5.10.2      EXPORT SCENARIO (HS CODE 8536)        73

5.10.3      IMPORT SCENARIO (HS CODE 854143)    74

5.10.4      EXPORT SCENARIO (HS CODE 854143)    75

5.11         KEY CONFERENCES AND EVENTS, 2025  76

5.12         DISTRIBUTED ENERGY RESOURCES (DERS), BY GRID CONNECTION   77

5.12.1      ON-GRID              77

5.12.2      OFF-GRID            77

5.12.3      HYBRID                77

5.13         DISTRIBUTED ENERGY RESOURCE (DER) APPLICATIONS 78

5.13.1      ENERGY STORAGE OPTIMIZATION         78

5.13.2      DEMAND RESPONSE      78

5.13.3      RENEWABLE ENERGY INTEGRATION     78

5.13.4      MICROGRID MANAGEMENT       78

5.13.5      GRID BALANCING AND STABILITY          78

5.13.6      LOAD FORECASTING AND ENERGY ANALYTICS                 79

5.14         PRICING ANALYSIS          79

5.14.1      INDICATIVE PRICING ANALYSIS, BY OFFERING, 2023                 79

5.14.2      AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023          80

5.15         REGULATORY LANDSCAPE         81

5.15.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             81

5.15.2      REGULATORY FRAMEWORK       83

5.16         PORTER’S FIVE FORCES ANALYSIS            85

5.16.1      THREAT OF SUBSTITUTES          86

5.16.2      BARGAINING POWER OF SUPPLIERS       86

5.16.3      BARGAINING POWER OF BUYERS             86

5.16.4      THREAT OF NEW ENTRANTS      86

5.16.5      INTENSITY OF COMPETITIVE RIVALRY 86

5.17         KEY STAKEHOLDERS AND BUYING CRITERIA     87

5.17.1      KEY STAKEHOLDERS IN BUYING PROCESS           87

5.17.2      BUYING CRITERIA           87

5.18         IMPACT OF GENERATIVE AI/AI ON DERMS MARKET                 88

5.18.1      INTRODUCTION              88

5.18.2      ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN DERMS MARKET               88

5.18.3      IMPACT OF GENERATIVE AI/AI, BY APPLICATION AND REGION                89

5.18.4      IMPACT OF AI ON DERMS MARKET, BY REGION                 89

5.19         GLOBAL MACROECONOMIC OUTLOOK                90

5.19.1      GDP GROWTH  90

5.19.2      RESEARCH AND DEVELOPMENT EXPENDITURE                 90

5.19.3      INVESTMENTS IN DERMS TECHNOLOGY              91

6               DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY OFFERING    92

6.1           INTRODUCTION              93

6.2           SOFTWARE         95

6.2.1        ENERGY ANALYTICS SOFTWARE               96

6.2.1.1    Growing requirement for real-time visibility into network operations to boost demand                96

6.2.2        VPP SOFTWARE                97

6.2.2.1    Ability to forecast energy production and consumption patterns to accelerate demand           97

6.2.3        MANAGEMENT & CONTROL SOFTWARE               98

6.2.3.1    Potential to increase grid resiliency by automatically adjusting output of DERs to increase adoption                 98

6.3           SERVICES             99

6.3.1        GRID STABILITY AND RELIABILITY REQUIREMENTS TO DRIVE DEMAND               99

7               DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION             101

7.1           INTRODUCTION              102

7.2           SOLAR PV SYSTEMS        103

7.2.1        POTENTIAL TO MONITOR, CONTROL, AND OPTIMIZE ENERGY PRODUCTION AND DISTRIBUTION IN REAL TIME TO BOOST DEMAND             103

7.3           WIND ENERGY SYSTEMS               104

7.3.1        SIGNIFICANT NEED FOR EFFICIENT USE OF WIND ENERGY TO SPUR ADOPTION    104

7.4           ENERGY STORAGE SYSTEMS      106

7.4.1        STRONG FOCUS ON GRID MODERNIZATION TO STIMULATE MARKET GROWTH 106

7.5           CHP SYSTEMS   107

7.5.1        GOVERNMENT PROGRAMS AND INCENTIVES TO IMPROVE GRID RELIABILITY AND RESILIENCY TO PROMOTE DEPLOYMENT  107

7.6           EV CHARGING SOLUTIONS         108

7.6.1        HUGE INVESTMENT AND HIGH ADOPTION OF ELECTRIC VEHICLES TO FUEL MARKET GROWTH            108

7.7           OTHER APPLICATIONS 110

8               DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER     112

8.1           INTRODUCTION              113

8.2           RESIDENTIAL    114

8.2.1        RISING ADOPTION OF SMART HOME TECHNOLOGY TO FUEL SEGMENTAL GROWTH      114

8.3           COMMERCIAL   116

8.3.1        PRESSING NEED TO EFFECTIVELY UTILIZE POWER DURING PEAK HOURS TO TRIGGER DEMAND   116

8.4           INDUSTRIAL      117

8.4.1        SURGING DEMAND FOR ENERGY TO ENSURE UNINTERRUPTED PLANT OPERATIONS TO FOSTER MARKET GROWTH             117

9               DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY REGION         119

9.1           INTRODUCTION              120

9.2           NORTH AMERICA             122

9.2.1        US           127

9.2.1.1    Increasing government investments in renewable energy projects to contribute to market growth           127

9.2.2        CANADA               129

9.2.2.1    Growing government initiatives to support grid modernization and increase energy efficiency to drive market                129

9.3           EUROPE               131

9.3.1        UK          135

9.3.1.1    Increasing focus on achieving net-zero carbon footprint and modernizing grid to fuel market growth           135

9.3.2        GERMANY           137

9.3.2.1    Mounting government investment to modernize energy infrastructure to boost market growth               137

9.3.3        FRANCE                139

9.3.3.1    Pressing need for grid infrastructure modernization to contribute to market growth  139

9.3.4        DENMARK           141

9.3.4.1    Enhancing grid flexibility and reliability through advanced DERMS technologies to drive market               141

9.3.5        REST OF EUROPE             143

9.4           ASIA PACIFIC     146

9.4.1        CHINA  151

9.4.1.1    Rapid industrialization and infrastructural development to accelerate market growth    151

9.4.2        AUSTRALIA         154

9.4.2.1    Rising government investments in microgrid technology to drive market    154

9.4.3        JAPAN   156

9.4.3.1    Heightened emphasis on integrating smart grids and achieving renewable energy targets to fuel market growth              156

9.4.4        SOUTH KOREA  158

9.4.4.1    Surging focus on optimizing energy flows and maintaining grid stability to create lucrative opportunities          158

9.4.5        REST OF ASIA PACIFIC   161

9.5           MIDDLE EAST & AFRICA                163

9.5.1        GCC       167

9.5.1.1    Saudi Arabia          167

9.5.1.1.1 Transition from petroleum to balanced mix of natural gas and renewable energy for power generation to drive market                 167

9.5.1.2    UAE        170

9.5.1.2.1 Implementation of initiatives to increase access to reliable and sustainable electricity to augment market growth           170

9.5.1.3    Rest of GCC          172

9.5.2        SOUTH AFRICA 174

9.5.2.1    Increasing investment in power infrastructure due to industrialization to expedite market growth     174

9.5.3        REST OF MIDDLE EAST & AFRICA             176

9.6           LATIN AMERICA                178

9.6.1        MEXICO                182

9.6.1.1    Pressing need to improve EV charging infrastructure to drive market    182

9.6.2        BRAZIL 184

9.6.2.1    Increasing electricity consumption due to economic development and urbanization to accelerate market growth 184

9.6.3        ARGENTINA       187

9.6.3.1    Growing inclination toward power generation using renewable sources to fuel market growth             187

9.6.4        REST OF LATIN AMERICA             189

10            COMPETITIVE LANDSCAPE         191

10.1         OVERVIEW          191

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 191

10.3         REVENUE ANALYSIS, 2019–2023  193

10.4         MARKET SHARE ANALYSIS, 2023                 194

10.5         COMPANY VALUATION AND FINANCIAL METRICS, 2023                 196

10.6         OFFERING COMPARISON             197

10.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 198

10.7.1      STARS   198

10.7.2      EMERGING LEADERS     198

10.7.3      PERVASIVE PLAYERS      198

10.7.4      PARTICIPANTS 198

10.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         200

10.7.5.1  Company footprint               200

10.7.5.2  Region footprint   201

10.7.5.3  Offering footprint 202

10.7.5.4  Application footprint            203

10.7.5.5  End user footprint                 204

10.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        205

10.8.1      PROGRESSIVE COMPANIES         205

10.8.2      RESPONSIVE COMPANIES            205

10.8.3      DYNAMIC COMPANIES  205

10.8.4      STARTING BLOCKS         205

10.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 207

10.8.5.1  Detailed list of key startups/SMEs    207

10.8.5.2  Competitive benchmarking of key startups/SMEs          208

10.9         COMPETITIVE SCENARIO             209

10.9.1      PRODUCT LAUNCHES   209

10.9.2      DEALS  210

10.9.3      OTHER DEVELOPMENTS              211

11            COMPANY PROFILES      212

11.1         KEY PLAYERS     212

11.1.1      SCHNEIDER ELECTRIC  212

11.1.1.1  Business overview 212

11.1.1.2  Products/Services/Solutions offered 213

11.1.1.3  Recent developments           214

11.1.1.3.1                Product launches  214

11.1.1.3.2                Deals      214

11.1.1.4  MnM view              215

11.1.1.4.1                Key strengths/Right to win 215

11.1.1.4.2                Strategic choices   215

11.1.1.4.3                Weaknesses and competitive threats 215

11.1.2      SIEMENS              216

11.1.2.1  Business overview 216

11.1.2.2  Products/Services/Solutions offered 217

11.1.2.3  Recent developments           218

11.1.2.3.1                Deals      218

11.1.2.4  MnM view              219

11.1.2.4.1                Key strengths/Right to win 219

11.1.2.4.2                Strategic choices   219

11.1.2.4.3                Weaknesses and competitive threats 219

11.1.3      ABB        220

11.1.3.1  Business overview 220

11.1.3.2  Products/Services/Solutions offered 221

11.1.3.3  Recent developments           222

11.1.3.3.1                Deals      222

11.1.3.4  MnM view              222

11.1.3.4.1                Key strengths/Right to win 222

11.1.3.4.2                Strategic choices   223

11.1.3.4.3                Weaknesses and competitive threats 223

11.1.4      HITACHI, LTD.  224

11.1.4.1  Business overview 224

11.1.4.2  Products/Services/Solutions offered 225

11.1.4.3  Recent developments           226

11.1.4.3.1                Developments       226

11.1.4.4  MnM view              226

11.1.4.4.1                Key strengths/Right to win 226

11.1.4.4.2                Strategic choices   226

11.1.4.4.3                Weaknesses and competitive threats 227

11.1.5      GENERAL ELECTRIC COMPANY 228

11.1.5.1  Business overview 228

11.1.5.2  Products/Services/Solutions offered 229

11.1.5.3  Recent developments           230

11.1.5.3.1                Deals      230

11.1.5.4  MnM view              230

11.1.5.4.1                Key strengths/Right to win 230

11.1.5.4.2                Strategic choices   231

11.1.5.4.3                Weaknesses and competitive threats 231

11.1.6      EMERSON ELECTRIC CO.              232

11.1.6.1  Business overview 232

11.1.6.2  Products/Services/Solutions offered 233

11.1.6.3  Recent developments           234

11.1.6.3.1                Deals      234

11.1.6.3.2                Other developments             234

11.1.7      ORACLE                235

11.1.7.1  Business overview 235

11.1.7.2  Products/Services/Solutions offered 237

11.1.8      ITRON INC.         238

11.1.8.1  Business overview 238

11.1.8.2  Products/Services/Solutions offered 239

11.1.8.3  Recent developments           240

11.1.8.3.1                Deals      240

11.1.8.3.2                Other developments             240

11.1.9      ENEL SPA             241

11.1.9.1  Business overview 241

11.1.9.2  Products/Services/Solutions offered 242

11.1.9.3  Recent developments           243

11.1.9.3.1                Deals      243

11.1.10   EATON 244

11.1.10.1                 Business overview 244

11.1.10.2                 Products/Services/Solutions offered 245

11.1.10.3                 Recent developments           246

11.1.10.3.1             Deals      246

11.1.11   ASPEN TECHNOLOGY INC.          247

11.1.11.1                 Business overview 247

11.1.11.2                 Products/Services/Solutions offered 248

11.1.11.3                 Recent developments           249

11.1.11.3.1             Deals      249

11.1.12   MITSUBISHI ELECTRIC POWER PRODUCTS, INC.                 250

11.1.12.1                 Business overview 250

11.1.12.2                 Products/Services/Solutions offered 250

11.1.12.3                 Recent developments           251

11.1.12.3.1             Deals      251

11.1.13   ENERGYHUB      252

11.1.13.1                 Business overview 252

11.1.13.2                 Products/Services/Solutions offered 252

11.1.13.3                 Recent developments           253

11.1.13.3.1             Developments       253

11.1.14   HONEYWELL INTERNATIONAL INC.        254

11.1.14.1                 Business overview 254

11.1.14.2                 Products/Services/Solutions offered 255

11.1.14.3                 Recent developments           256

11.1.14.3.1             Product launches  256

11.1.15   INTERNATIONAL BUSINESS MACHINES CORPORATION                 257

11.1.15.1                 Business overview 257

11.1.15.2                 Products/Services/Solutions offered 258

11.2         OTHER PLAYERS              259

11.2.1      OPEN ACCESS TECHNOLOGY INTERNATIONAL, INC.                 259

11.2.2      CGI INC.               260

11.2.3      DOOSAN GRIDTECH      261

11.2.4      EVERGEN             262

11.2.5      VIRTUAL PEAKER             263

11.2.6      GRIDX   264

11.2.7      GRIDPOINT        265

11.2.8      CONNECTED ENERGY   266

11.2.9      AUTOGRID SYSTEMS, INC.           267

11.2.10   MPREST                268

12            APPENDIX           269

12.1         INSIGHTS FROM INDUSTRY EXPERTS     269

12.2         DISCUSSION GUIDE        270

12.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                275

12.4         CUSTOMIZATION OPTIONS        277

12.5         RELATED REPORTS         277

12.6         AUTHOR DETAILS           278

LIST OF TABLES

TABLE 1                MAJOR SECONDARY SOURCES  34

TABLE 2                DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET SNAPSHOT     46

TABLE 3                ROLE OF COMPANIES IN ECOSYSTEM    65

TABLE 4                LIST OF MAJOR PATENTS, 2014–2023        70

TABLE 5                IMPORT DATA FOR HS CODE 8536-COMPLIANT PRODUCTS, BY COUNTRY,

2021–2023 (USD THOUSAND)      72

TABLE 6                EXPORT DATA FOR HS CODE 8536-COMPLIANT PRODUCTS, BY COUNTRY,

2021–2023 (USD THOUSAND)      73

TABLE 7                IMPORT DATA FOR HS CODE 854143-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2023 (USD THOUSAND)      74

TABLE 8                EXPORT DATA FOR HS CODE 854143-COMPLIANT PRODUCTS, BY COUNTRY, 2022–2023 (USD THOUSAND)      75

TABLE 9                DERMS MARKET: LIST OF CONFERENCES AND EVENTS, 2025     76

TABLE 10              INDICATIVE PRICING ANALYSIS, BY OFFERING, 2023 (USD/UNIT)              79

TABLE 11              AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION,

2020–2023 (USD/UNIT)   80

TABLE 12              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  81

TABLE 13              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  82

TABLE 14              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  82

TABLE 15              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             83

TABLE 16             LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  83

TABLE 17              DERMS MARKET: REGULATIONS               83

TABLE 18              DERMS MARKET: PORTER’S FIVE FORCES ANALYSIS            85

TABLE 19              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR END USERS          87

TABLE 20              KEY BUYING CRITERIA, BY END USER    88

TABLE 21              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2023 (USD MILLION)            93

TABLE 22              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2024–2029 (USD MILLION)            93

TABLE 23              SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY TYPE, 2019–2023 (USD MILLION)            94

TABLE 24              SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY TYPE, 2024–2029 (USD MILLION)            94

TABLE 25              SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)            95

TABLE 26              SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)            96

TABLE 27              ENERGY ANALYTICS SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)          97

TABLE 28              ENERGY ANALYTICS SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)          97

TABLE 29              VPP SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       98

TABLE 30              VPP SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       98

TABLE 31              MANAGEMENT & CONTROL SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)                99

TABLE 32              MANAGEMENT & CONTROL SOFTWARE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)                99

TABLE 33              SERVICES: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY REGION, 2019–2023 (USD MILLION)   100

TABLE 34              SERVICES: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY REGION, 2024–2029 (USD MILLION)   100

TABLE 35              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       102

TABLE 36              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       103

TABLE 37              SOLAR PV SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       104

TABLE 38              SOLAR PV SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       104

TABLE 39              WIND ENERGY SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)          105

TABLE 40              WIND ENERGY SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)          105

TABLE 41              ENERGY STORAGE SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)          106

TABLE 42              ENERGY STORAGE SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)          107

TABLE 43              CHP SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       108

TABLE 44              CHP SYSTEMS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       108

TABLE 45              EV CHARGING SOLUTIONS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)          109

TABLE 46              EV CHARGING SOLUTIONS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)          109

TABLE 47              OTHER APPLICATIONS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       110

TABLE 48              OTHER APPLICATIONS: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       110

TABLE 49              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               113

TABLE 50              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               114

TABLE 51              RESIDENTIAL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       115

TABLE 52              RESIDENTIAL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       115

TABLE 53              COMMERCIAL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       116

TABLE 54              COMMERCIAL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       117

TABLE 55              INDUSTRIAL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)       118

TABLE 56              INDUSTRIAL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)       118

TABLE 57              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)            121

TABLE 58              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2029 (USD MILLION)            122

TABLE 59              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2023 (USD MILLION)            123

TABLE 60              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2024–2029 (USD MILLION)            124

TABLE 61              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)         124

TABLE 62              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)         124

TABLE 63              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            125

TABLE 64              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            125

TABLE 65              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            125

TABLE 66              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            126

TABLE 67              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            126

TABLE 68              NORTH AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            126

TABLE 69              US: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       127

TABLE 70              US: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       128

TABLE 71              US: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               128

TABLE 72              US: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               128

TABLE 73              CANADA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       129

TABLE 74              CANADA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       130

TABLE 75              CANADA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               130

TABLE 76              CANADA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               130

TABLE 77              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY OFFERING, 2019–2023 (USD MILLION)               131

TABLE 78              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY OFFERING, 2024–2029 (USD MILLION)               132

TABLE 79              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)            132

TABLE 80              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)            132

TABLE 81              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       133

TABLE 82              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       133

TABLE 83              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               133

TABLE 84              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               134

TABLE 85              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY COUNTRY, 2019–2023 (USD MILLION)               134

TABLE 86              EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               134

TABLE 87              UK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       136

TABLE 88              UK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       136

TABLE 89              UK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               136

TABLE 90              UK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               137

TABLE 91              GERMANY: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       138

TABLE 92              GERMANY: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       138

TABLE 93              GERMANY: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               138

TABLE 94              GERMANY: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               139

TABLE 95              FRANCE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       140

TABLE 96              FRANCE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       140

TABLE 97              FRANCE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               140

TABLE 98              FRANCE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               141

TABLE 99              DENMARK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 142

TABLE 100            DENMARK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 142

TABLE 101            DENMARK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            142

TABLE 102            DENMARK: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            143

TABLE 103            REST OF EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            144

TABLE 104            REST OF EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            144

TABLE 105            REST OF EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            145

TABLE 106            REST OF EUROPE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            145

TABLE 107            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2023 (USD MILLION)            147

TABLE 108            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2024–2029 (USD MILLION)            148

TABLE 109            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)         148

TABLE 110            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)         148

TABLE 111            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            149

TABLE 112            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            149

TABLE 113            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            150

TABLE 114            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            150

TABLE 115            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            150

TABLE 116            ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            151

TABLE 117            CHINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       152

TABLE 118            CHINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       153

TABLE 119            CHINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               153

TABLE 120            CHINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               153

TABLE 121            AUSTRALIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 155

TABLE 122            AUSTRALIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 155

TABLE 123            AUSTRALIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            155

TABLE 124            AUSTRALIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            156

TABLE 125            JAPAN: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       157

TABLE 126            JAPAN: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       157

TABLE 127            JAPAN: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               158

TABLE 128            JAPAN: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               158

TABLE 129            SOUTH KOREA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            159

TABLE 130            SOUTH KOREA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            160

TABLE 131            SOUTH KOREA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            160

TABLE 132            SOUTH KOREA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            160

TABLE 133            REST OF ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            161

TABLE 134            REST OF ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            162

TABLE 135            REST OF ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            162

TABLE 136            REST OF ASIA PACIFIC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            162

TABLE 137            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2023 (USD MILLION)            164

TABLE 138            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2024–2029 (USD MILLION)            164

TABLE 139            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)         164

TABLE 140            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)         164

TABLE 141            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            165

TABLE 142            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            165

TABLE 143            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            166

TABLE 144            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            166

TABLE 145            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            166

TABLE 146            MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            166

TABLE 147            GCC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY COUNTRY, 2019–2023 (USD MILLION)               167

TABLE 148            GCC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY COUNTRY, 2024–2029 (USD MILLION)               167

TABLE 149            SAUDI ARABIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            169

TABLE 150            SAUDI ARABIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            169

TABLE 151            SAUDI ARABIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            170

TABLE 152            SAUDI ARABIA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            170

TABLE 153            UAE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       171

TABLE 154            UAE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       171

TABLE 155            UAE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               172

TABLE 156            UAE: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               172

TABLE 157            REST OF GCC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            173

TABLE 158            REST OF GCC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            173

TABLE 159            REST OF GCC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            173

TABLE 160            REST OF GCC: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            174

TABLE 161            SOUTH AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            175

TABLE 162            SOUTH AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            175

TABLE 163            SOUTH AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            175

TABLE 164            SOUTH AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            176

TABLE 165            REST OF MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              177

TABLE 166            REST OF MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              177

TABLE 167            REST OF MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)                178

TABLE 168            REST OF MIDDLE EAST & AFRICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)                178

TABLE 169            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2019–2023 (USD MILLION)            179

TABLE 170            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, 2024–2029 (USD MILLION)            179

TABLE 171            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2019–2023 (USD MILLION)         179

TABLE 172            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY TYPE, 2024–2029 (USD MILLION)         180

TABLE 173            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            180

TABLE 174            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            180

TABLE 175            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            181

TABLE 176            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            181

TABLE 177            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            181

TABLE 178            LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            182

TABLE 179            MEXICO: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       183

TABLE 180            MEXICO: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       183

TABLE 181            MEXICO: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               184

TABLE 182            MEXICO: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               184

TABLE 183            BRAZIL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2019–2023 (USD MILLION)       185

TABLE 184            BRAZIL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY APPLICATION, 2024–2029 (USD MILLION)       186

TABLE 185            BRAZIL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2019–2023 (USD MILLION)               186

TABLE 186            BRAZIL: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET,

BY END USER, 2024–2029 (USD MILLION)               186

TABLE 187            ARGENTINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 187

TABLE 188            ARGENTINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 188

TABLE 189            ARGENTINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)            188

TABLE 190            ARGENTINA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)            188

TABLE 191            REST OF LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              189

TABLE 192            REST OF LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              190

TABLE 193            REST OF LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2019–2023 (USD MILLION)                190

TABLE 194            REST OF LATIN AMERICA: DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, 2024–2029 (USD MILLION)                190

TABLE 195            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024        191

TABLE 196            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

DEGREE OF COMPETITION, 2023               194

TABLE 197            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

REGION FOOTPRINT     201

TABLE 198            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

OFFERING FOOTPRINT 202

TABLE 199            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

APPLICATION FOOTPRINT       203

TABLE 200            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

END USER FOOTPRINT 204

TABLE 201            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

LIST OF KEY STARTUPS/SMES   207

TABLE 202            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES                 208

TABLE 203            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

PRODUCT LAUNCHES, JANUARY 2021–JUNE 2024               209

TABLE 204            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

DEALS, JANUARY 2021–JUNE 2024              210

TABLE 205            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

OTHER DEVELOPMENTS, JANUARY 2021–JUNE 2024         211

TABLE 206            SCHNIEDER ELECTRIC: COMPANY OVERVIEW                 212

TABLE 207            SCHNIEDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED    213

TABLE 208            SCHNIEDER ELECTRIC: PRODUCT LAUNCHES                 214

TABLE 209            SCHNIEDER ELECTRIC: DEALS  214

TABLE 210            SIEMENS: COMPANY OVERVIEW               216

TABLE 211            SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED             217

TABLE 212            SIEMENS: DEALS               218

TABLE 213            ABB: COMPANY OVERVIEW         220

TABLE 214            ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED             221

TABLE 215            ABB: DEALS        222

TABLE 216            HITACHI, LTD.: COMPANY OVERVIEW   224

TABLE 217            HITACHI, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    225

TABLE 218            HITACHI, LTD.: DEVELOPMENTS             226

TABLE 219            GENERAL ELECTRIC COMPANY: COMPANY OVERVIEW          228

TABLE 220            GENERAL ELECTRIC COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED    229

TABLE 221            GENERAL ELECTRIC COMPANY: DEALS 230

TABLE 222            EMERSON ELECTRIC CO.: COMPANY OVERVIEW                 232

TABLE 223            EMERSON ELECTRIC CO.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    233

TABLE 224            EMERSON ELECTRIC CO.: DEALS              234

TABLE 225            EMERSON ELECTRIC CO.: OTHER DEVELOPMENTS              234

TABLE 226            ORACLE: COMPANY OVERVIEW                235

TABLE 227            ORACLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED             237

TABLE 228            ITRON INC.: COMPANY OVERVIEW          238

TABLE 229            ITRON INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED             239

TABLE 230            ITRON INC.: DEALS         240

TABLE 231            ITRON INC.: OTHER DEVELOPMENTS    240

TABLE 232            ENEL SPA: COMPANY OVERVIEW              241

TABLE 233            ENEL SPA: PRODUCTS/SERVICES/SOLUTIONS OFFERED             242

TABLE 234            ENEL SPA: DEALS             243

TABLE 235            EATON: COMPANY OVERVIEW  244

TABLE 236            EATON: PRODUCTS/SERVICES/SOLUTIONS OFFERED             245

TABLE 237            EATON: DEALS 246

TABLE 238            ASPEN TECHNOLOGY INC.: COMPANY OVERVIEW          247

TABLE 239            ASPEN TECHNOLOGY INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    248

TABLE 240            ASPEN TECHNOLOGY INC.: DEALS          249

TABLE 241            MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: COMPANY OVERVIEW        250

TABLE 242            MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: PRODUCTS/SERVICES/ SOLUTIONS OFFERED        250

TABLE 243            MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: DEALS        251

TABLE 244            ENERGYHUB: COMPANY OVERVIEW       252

TABLE 245            ENERGYHUB: PRODUCTS/SERVICES/SOLUTIONS OFFERED    252

TABLE 246            ENERGYHUB: DEVELOPMENTS 253

TABLE 247            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          254

TABLE 248            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED    255

TABLE 249            HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES          256

TABLE 250            INTERNATIONAL BUSINESS MACHINES CORPORATION: COMPANY OVERVIEW 257

TABLE 251            INTERNATIONAL BUSINESS MACHINES CORPORATION: PRODUCTS/SERVICES/ SOLUTIONS OFFERED                 258

LIST OF FIGURES

FIGURE 1              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET SEGMENTATION AND REGIONAL SCOPE            28

FIGURE 2              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

RESEARCH DESIGN         33

FIGURE 3              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

DATA TRIANGULATION                38

FIGURE 4              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

BOTTOM-UP APPROACH              39

FIGURE 5              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

TOP-DOWN APPROACH                40

FIGURE 6              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

DEMAND-SIDE ANALYSIS             41

FIGURE 7              KEY METRICS CONSIDERED TO ASSESS SUPPLY OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEMS                 42

FIGURE 8              DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

SUPPLY-SIDE ANALYSIS                 43

FIGURE 9              MARKET SHARE ANALYSIS, 2023                 44

FIGURE 10            NORTH AMERICA DOMINATED DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2023                 47

FIGURE 11            SERVICES SEGMENT TO SECURE LARGER SHARE OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY OFFERING, IN 2024                 48

FIGURE 12            SOLAR PV SYSTEMS SEGMENT TO HOLD MAJORITY OF MARKET SHARE,

BY APPLICATION, IN 2024             48

FIGURE 13            INDUSTRIAL SEGMENT TO SECURE LARGEST SHARE OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET, BY END USER, IN 2024                49

FIGURE 14            PRESSING NEED TO ENHANCE GRID RELIABILITY AND RESILIENCE TO MITIGATE POWER OUTAGE RISKS TO DRIVE MARKET             50

FIGURE 15            CHINA TO WITNESS HIGHEST CAGR IN GLOBAL DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET DURING FORECAST PERIOD    51

FIGURE 16            SERVICES SEGMENT TO DOMINATE DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2029                51

FIGURE 17            SOLAR PV SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2029              52

FIGURE 18            INDUSTRIAL SEGMENT TO CAPTURE LARGEST SHARE OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2029              52

FIGURE 19            SERVICES SEGMENT AND US LED NORTH AMERICAN DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2023              53

FIGURE 20            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 54

FIGURE 21            RENEWABLE ENERGY INSTALLATIONS, 2022–2028 (GW)            56

FIGURE 22            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   62

FIGURE 23            DERMS MARKET: SUPPLY CHAIN ANALYSIS                 63

FIGURE 24            DERMS MARKET: ECOSYSTEM ANALYSIS                 64

FIGURE 25            INVESTMENT AND FUNDING SCENARIO                 66

FIGURE 26            PATENTS APPLIED AND GRANTED, 2014–2023                 69

FIGURE 27            IMPORT SCENARIO FOR HS CODE 8536-COMPLIANT PRODUCTS FOR

TOP 5 COUNTRIES, 2021–2023     73

FIGURE 28            EXPORT SCENARIO FOR HS CODE 8536-COMPLIANT PRODUCTS FOR

TOP 5 COUNTRIES, 2021–2023     74

FIGURE 29            IMPORT SCENARIO FOR HS CODE 854143-COMPLIANT PRODUCTS FOR

TOP 5 COUNTRIES, 2022–2023     75

FIGURE 30            EXPORT SCENARIO FOR HS CODE 854143-COMPLIANT PRODUCTS FOR

TOP 5 COUNTRIES, 2022–2023     76

FIGURE 31            AVERAGE SELLING PRICE TREND OF DERMS SOLUTIONS, BY REGION, 2020–2023          80

FIGURE 32            PORTER’S FIVE FORCES ANALYSIS FOR DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET               85

FIGURE 33            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR END USERS          87

FIGURE 34            KEY BUYING CRITERIA FOR END USERS                 87

FIGURE 35            IMPACT OF GENERATIVE AI/AI ON END USERS AND REGIONS   89

FIGURE 36            SERVICES SEGMENT HELD MAJORITY OF MARKET SHARE IN 2023 93

FIGURE 37            SOLAR PV SYSTEMS HELD LARGEST SHARE OF DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2023                102

FIGURE 38            INDUSTRIAL END USERS DOMINATED DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET IN 2023                113

FIGURE 39            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET SHARE,

BY REGION, 2023               120

FIGURE 40            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET FROM 2024 TO 2029       121

FIGURE 41            NORTH AMERICA: DERMS MARKET SNAPSHOT                 123

FIGURE 42            ASIA PACIFIC: DERMS MARKET SNAPSHOT                 147

FIGURE 43            SEGMENTAL REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2019–2023         193

FIGURE 44            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET SHARE ANALYSIS, 2023                 194

FIGURE 45            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

COMPANY VALUATION, 2023      196

FIGURE 46            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

FINANCIAL METRICS (EV/EBITDA), 2023                197

FIGURE 47            OFFERING COMPARISON AMONG DIFFERENT COMPANIES       197

FIGURE 48            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023  199

FIGURE 49            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

COMPANY FOOTPRINT 200

FIGURE 50            DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM MARKET:

COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023                 206

FIGURE 51            SCHNIEDER ELECTRIC: COMPANY SNAPSHOT                 213

FIGURE 52            SIEMENS: COMPANY SNAPSHOT               217

FIGURE 53            ABB: COMPANY SNAPSHOT        221

FIGURE 54            HITACHI, LTD.: COMPANY SNAPSHOT  225

FIGURE 55            GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT          229

FIGURE 56            EMERSON ELECTRIC CO.: COMPANY SNAPSHOT                 233

FIGURE 57            ORACLE: COMPANY SNAPSHOT                236

FIGURE 58            ITRON INC.: COMPANY SNAPSHOT         239

FIGURE 59            ENEL SPA: COMPANY SNAPSHOT             242

FIGURE 60            EATON: COMPANY SNAPSHOT  245

FIGURE 61            ASPEN TECHNOLOGY INC.: COMPANY SNAPSHOT          248

FIGURE 62            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          255