Distributed Energy Resource Management System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Distributed Energy Resource Management System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Distributed Energy Resource Management System Market

The distributed energy resource management system market size was valued at USD 0.49 billion in 2023, and the market is now projected to grow from USD 0.57 billion in 2024 to USD 1.86 billion by 2032, exhibiting a CAGR of 18.3% during the forecast period of 2024-2032.

COVID-19 keeps to unfold rapid over the arena. COVID-19 had a minor worldwide have an effect on the disbursed electricity useful resource management gadget (DERMS) enterprise, slowing its increase pace. The marketplace for allotted energy aid control structures has been impacted via factors which include reduced capital investments in solar, shifts in energy call for due to shutdowns, and the need for domestic workplaces in the course of the COVID-19 disaster. Lockdown measures reduced energy intake thanks to decreased industrial pastime, hindering efforts to establish new disbursed electricity resources (DERs). However, the growing reliance on renewable electricity propels the industry forward.

Governments are increasingly more investing in clever grids to enhance performance and decrease CO2 emissions. In July 2022, the U.S. Trade and Development Agency supplied Marrakech's Régie Autonome de Distribution d'Eau et d'Electricité de Marrakech (RADEEMA) an agreement to study the transformation of strength infrastructure into a clever grid. In November 2021, the U.S. Surpassed an ultra-modern Infrastructure Investment and Jobs Act, imparting a USD three million funding inside the Smart Grid Investment Matching Grant Program.

The growing populace and urbanization have caused a surge in call for merchandise, fueled by using industrial evolution, urbanization, and growing intake. This has led to a demand for demand response management software and systems, driven by the development of intelligent infrastructures and higher power consumption. The International Energy Agency predicts a 500 GW response capacity by 2030 for demand-response management, with decentralized energy resource management increasing distributed energy resource management system market growth over the next decade.

Comprehensive Analysis of Distributed Energy Resource Management System Market

The market for distributed energy resource management systems (DERMS) is divided into three segments: Virtual Power Plants (VPP), analytics, and management & control. VPPs offer cloud-based real-time operational control and cluster capacities of distributed energy resources, boosting efficiency. Management & control software helps manage operations remotely, identify faults, and take corrective action. The market is also segmented into solar, energy storage, wind, EV charging stations, and Combined Heat & Power applications. The industrial & utilities segment dominates the DERMS market due to its significant penetration and significant amount of distributed energy. Residential and commercial segments also use DERMS for efficient operation and optimization.

The Asia Pacific region lead the distributed energy resource management system market share by benefitting a market size of USD 0.16 billion in 2023 due to Asia Pacific controls the market for distributed energy resource management systems. The region's need for DERMS is driven by the rapid development of solar and wind renewable energy, as well as high energy demand. across August 2022, Horizon Power released a new DERMS across Western Australia's regional microgrids, allowing rooftop solar and electric vehicle customers to safely connect with utility energy supplies.

Major market companies include Itron (US), Oracle (US), Energy Hub (US), Au-toGLidSystems (US), and Opus One Solutions (Canada)., Blue Pillar (US), Kitu Systems (United States), Enel (Italy), Open Access Technology International, Ltd. (United States)., Sunverge Energy Inc. (United States), Hitachi ABB (Switzerland, Schneider Electric (France), Siemens (Germany), General Electric (U.S.) and Engie (France), Generac (U.S.) is developing virtual power plants in response to the growing renewable energy sector and the need for sustainable energy demand management.

In November 2022, FirstEnergy, an Ohio-based corporation, used Oracle's Advanced Distribution Management grid to control power outages throughout its six-state electric grid. Oracle assisted FirstEnergy in implementing its Utilities Network Management System (NMS), allowing for active management and control of its 10 electric utility centers.

Segmentation Table

Attribute Details

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 18.3% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Software, Application, End-user, and Region

Segmentation By Software

Virtual Power Plant (VPP)

Management & Control

Analytics

By Application

Solar

Energy Storage

Wind

EV Charging Stations

Others

By End-user

Residential

Commercial

Industrial & Utilities

By Region

North America (By Software, By Application, By End-user, and By Country)

- U.S. (By End-user)

- Canada (By End-user)

Europe (By Software, By Application, By End-user, and By Country)

- U.K. (By End-user)

- Germany (By End-user)

- France (By End-user)

- Italy (By End-user)

- Spain (By End-user)

- Netherlands (By End-user)

- Rest of Europe (By End-user)

Asia Pacific (By Software, By Application, By End-user, and By Country)

- China (By End-user)

- India (By End-user)

- Japan (By End-user)

- Australia (By End-user)

- Southeast Asia (By End-user)

- South Korea (By End-user)

- Rest of Asia Pacific (By End-user)

Latin America (By Software, By Application, By End-user, and By Country)

- Brazil (By End-user)

- Mexico (By End-user)

- Argentina (By End-user)

- Rest of Latin America (By End-user)

Middle East & Africa (By Software, By Application, By End-user, and By Country)

- South Africa (By End-user)

- GCC (By End-user)

- Egypt (By End-user)

- Turkey (By End-user)

- Rest of Middle East & Africa (By End-user)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Prevalence of Pressure Ulcers, By Key Countries, 2022
4.2. Geriatric Population Statistics, by Key Countries, 2022
4.3. Disabled Population Statistics, by Key Countries, 2022
4.4. New Product Launches, Key Players
4.5. Key Industry Developments, Mergers, Acquisitions, Partnerships, etc.
4.6. Technological Advancements in Pressure Ulcer Prevention Market
4.7. Impact of COVID-19 Pandemic on Pressure Ulcer Prevention Market
5. Global Pressure Ulcer Prevention Market Analysis, Insights and Forecast, 2019-2030
5.1. Market Analysis, Insights and Forecast – By Product Type
5.1.1. Static Support Surfaces
5.1.1.1. Foam Mattresses
5.1.1.2. Gel Overlays
5.1.1.3. Alternating Pressure Pads
5.1.1.4. Others
5.1.2. Dynamic Support Surfaces
5.1.2.1. Alternating-air Mattresses
5.1.2.2. Low air-loss Mattresses
5.1.2.3. Air-fluidized or High-air-loss Mattresses
5.1.2.4. Others
5.1.3. Dressings
5.1.4. Positioners & Protectors
5.1.5. Creams & Others
5.2. Market Analysis, Insights and Forecast – By End-user
5.2.1. Hospitals & Ambulatory Surgery Centers
5.2.2. Clinics
5.2.3. Long Term Care & Urgent Care Centers
5.2.4. Homecare Settings
5.2.5. Others
5.3. Market Analysis, Insights and Forecast – By Region
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Latin America
5.3.5. Middle East & Africa
6. North America Pressure Ulcer Prevention Market Analysis, Insights and Forecast, 2019-2030
6.1. Market Analysis, Insights and Forecast – By Product Type
6.1.1. Static Support Surfaces
6.1.1.1. Foam Mattresses
6.1.1.2. Gel Overlays
6.1.1.3. Alternating Pressure Pads
6.1.1.4. Others
6.1.2. Dynamic Support Surfaces
6.1.2.1. Alternating-air Mattresses
6.1.2.2. Low air-loss Mattresses
6.1.2.3. Air-fluidized or High-air-loss Mattresses
6.1.2.4. Others
6.1.3. Dressings
6.1.4. Positioners & Protectors
6.1.5. Creams & Others
6.2. Market Analysis, Insights and Forecast – By End-user
6.2.1. Hospitals & Ambulatory Surgery Centers
6.2.2. Clinics
6.2.3. Long Term Care & Urgent Care Centers
6.2.4. Homecare Settings
6.2.5. Others
6.3. Market Analysis, Insights and Forecast – By Country
6.3.1. U.S.
6.3.2. Canada
7. Europe Pressure Ulcer Prevention Market Analysis, Insights and Forecast, 2019-2030
7.1. Market Analysis, Insights and Forecast – By Product Type
7.1.1. Static Support Surfaces
7.1.1.1. Foam Mattresses
7.1.1.2. Gel Overlays
7.1.1.3. Alternating Pressure Pads
7.1.1.4. Others
7.1.2. Dynamic Support Surfaces
7.1.2.1. Alternating-air Mattresses
7.1.2.2. Low air-loss Mattresses
7.1.2.3. Air-fluidized or High-air-loss Mattresses
7.1.2.4. Others
7.1.3. Dressings
7.1.4. Positioners & Protectors
7.1.5. Creams & Others
7.2. Market Analysis, Insights and Forecast – By End-user
7.2.1. Hospitals & Ambulatory Surgery Centers
7.2.2. Clinics
7.2.3. Long Term Care & Urgent Care Centers
7.2.4. Homecare Settings
7.2.5. Others
7.3. Market Analysis, Insights and Forecast – By Country/ Sub-Region
7.3.1. Germany
7.3.2. U.K.
7.3.3. France
7.3.4. Italy
7.3.5. Spain
7.3.6. Scandinavia
7.3.7. Rest of Europe
8. Asia Pacific Pressure Ulcer Prevention Market Analysis, Insights and Forecast, 2019-2030
8.1. Market Analysis, Insights and Forecast – By Product Type
8.1.1. Static Support Surfaces
8.1.1.1. Foam Mattresses
8.1.1.2. Gel Overlays
8.1.1.3. Alternating Pressure Pads
8.1.1.4. Others
8.1.2. Dynamic Support Surfaces
8.1.2.1. Alternating-air Mattresses
8.1.2.2. Low air-loss Mattresses
8.1.2.3. Air-fluidized or High-air-loss Mattresses
8.1.2.4. Others
8.1.3. Dressings
8.1.4. Positioners & Protectors
8.1.5. Creams & Others
8.2. Market Analysis, Insights and Forecast – By End-user
8.2.1. Hospitals & Ambulatory Surgery Centers
8.2.2. Clinics
8.2.3. Long Term Care & Urgent Care Centers
8.2.4. Homecare Settings
8.2.5. Others
8.3. Market Analysis, Insights and Forecast – By Country/ Sub-Region
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. Australia
8.3.5. Southeast Asia
8.3.6. Rest of Asia Pacific
9. Latin America Pressure Ulcer Prevention Market Analysis, Insights and Forecast, 2019-2030
9.1. Market Analysis, Insights and Forecast – By Product Type
9.1.1. Static Support Surfaces
9.1.1.1. Foam Mattresses
9.1.1.2. Gel Overlays
9.1.1.3. Alternating Pressure Pads
9.1.1.4. Others
9.1.2. Dynamic Support Surfaces
9.1.2.1. Alternating-air Mattresses
9.1.2.2. Low air-loss Mattresses
9.1.2.3. Air-fluidized or High-air-loss Mattresses
9.1.2.4. Others
9.1.3. Dressings
9.1.4. Positioners & Protectors
9.1.5. Creams & Others
9.2. Market Analysis, Insights and Forecast – By End-user
9.2.1. Hospitals & Ambulatory Surgery Centers
9.2.2. Clinics
9.2.3. Long Term Care & Urgent Care Centers
9.2.4. Homecare Settings
9.2.5. Others
9.3. Market Analysis, Insights and Forecast – By Country/ Sub-Region
9.3.1. Brazil
9.3.2. Mexico
9.3.3. Rest of Latin America
10. Middle East & Africa Pressure Ulcer Prevention Market Analysis, Insights and Forecast, 2019-2030
10.1. Market Analysis, Insights and Forecast – By Product Type
10.1.1. Static Support Surfaces
10.1.1.1. Foam Mattresses
10.1.1.2. Gel Overlays
10.1.1.3. Alternating Pressure Pads
10.1.1.4. Others
10.1.2. Dynamic Support Surfaces
10.1.2.1. Alternating-air Mattresses
10.1.2.2. Low air-loss Mattresses
10.1.2.3. Air-fluidized or High-air-loss Mattresses
10.1.2.4. Others
10.1.3. Dressings
10.1.4. Positioners & Protectors
10.1.5. Creams & Others
10.2. Market Analysis, Insights and Forecast – By End-user
10.2.1. Hospitals & Ambulatory Surgery Centers
10.2.2. Clinics
10.2.3. Long Term Care & Urgent Care Centers
10.2.4. Homecare Settings
10.2.5. Others
10.3. Market Analysis, Insights and Forecast – By Country/ Sub-Region
10.3.1. GCC Countries
10.3.2. South Africa
10.3.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Global Market Share Analysis (2022)
11.2. Company Profiles (Overview, Product, SWOT Analysis, Recent Developments, Strategies, financials (Based on Availability))
11.2.1. Agiliti Health, Inc.
11.2.1.1. Overview,
11.2.1.2. Product,
11.2.1.3. SWOT Analysis,
11.2.1.4. Recent Developments,
11.2.1.5. Strategies,
11.2.1.6. financials (Based on Availability)
11.2.2. Arjo
11.2.2.1. Overview,
11.2.2.2. Product,
11.2.2.3. SWOT Analysis,
11.2.2.4. Recent Developments,
11.2.2.5. Strategies,
11.2.2.6. financials (Based on Availability)
11.2.3. Savaria
11.2.3.1. Overview,
11.2.3.2. Product,
11.2.3.3. SWOT Analysis,
11.2.3.4. Recent Developments,
11.2.3.5. Strategies,
11.2.3.6. financials (Based on Availability)
11.2.4. Medline Industries, LP
11.2.4.1. Overview,
11.2.4.2. Product,
11.2.4.3. SWOT Analysis,
11.2.4.4. Recent Developments,
11.2.4.5. Strategies,
11.2.4.6. financials (Based on Availability)
11.2.5. Coloplast Corp.
11.2.5.1. Overview,
11.2.5.2. Product,
11.2.5.3. SWOT Analysis,
11.2.5.4. Recent Developments,
11.2.5.5. Strategies,
11.2.5.6. financials (Based on Availability)
11.2.6. Smith & Nephew plc
11.2.6.1. Overview,
11.2.6.2. Product,
11.2.6.3. SWOT Analysis,
11.2.6.4. Recent Developments,
11.2.6.5. Strategies,
11.2.6.6. financials (Based on Availability)
11.2.7. Stryker
11.2.7.1. Overview,
11.2.7.2. Product,
11.2.7.3. SWOT Analysis,
11.2.7.4. Recent Developments,
11.2.7.5. Strategies,
11.2.7.6. financials (Based on Availability)
11.2.8. Mölnlycke Health Care AB
11.2.8.1. Overview,
11.2.8.2. Product,
11.2.8.3. SWOT Analysis,
11.2.8.4. Recent Developments,
11.2.8.5. Strategies,
11.2.8.6. financials (Based on Availability)
11.2.9. Hill-Rom Holdings, Inc.
11.2.9.1. Overview,
11.2.9.2. Product,
11.2.9.3. SWOT Analysis,
11.2.9.4. Recent Developments,
11.2.9.5. Strategies,
11.2.9.6. financials (Based on Availability)
11.2.10. Invacare Corporation
11.2.10.1. Overview,
11.2.10.2. Product,
11.2.10.3. SWOT Analysis,
11.2.10.4. Recent Developments,
11.2.10.5. Strategies,
11.2.10.6. financials (Based on Availability)

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