Distributed Energy Resource Management System Market To Experience 13.03% CAGR During 2025-2032; Enhanced Hydraulic Suspension To Boost Market Growth

The global distributed energy resource management system market size was valued at USD 672.56 million in 2024. The market is projected to grow from USD 791.90 million in 2025 to USD 1,865.95 million by 2032, exhibiting a CAGR of 13.03% during the forecast period.

Fortune Business Insights™ presents this information in its report titled “Distributed Energy Resource Management System Market Size, Share & COVID-19 Impact Analysis, By Software (Virtual Power Plant, Management & Control, Analytics), By Application (Solar, Energy Storage, Wind, EV Charging Stations, Others), By End-user (Residential, Commercial, Industrial & Utilities), and Regional Forecasts, 2025-2032”

Systems of software called DERMS, or distributed energy resource management systems, are used to manage and coordinate different Distributed Energy Resources (DERs). These DERs utilize a variety of energy sources, including solar, wind, and battery storage. The use of software and networks for the maintenance, control, analysis, demand control, and remote management of energy resources is referred to as distributed energy resource management.

There is an increase in energy consumption as a result of the extraordinary progress of industrialization and urbanization globally. Investments in renewable energy sources have increased as a result of the rising need for energy to sustain human life. The growth of the renewable energy industry and the control of dispersed generation were the driving forces behind the demand for a distributed energy resource management system.

Global Market Experienced Fall Due to Low Capital Investment

The COVID-19 pandemic slowed the distributed energy resource management system market growth. The COVID-19 crisis forced the home office, which had an impact on the DERMS market, and other factors, such as decreased capital investments in solar and other technologies, thereby placing a radical shift in energy demand patterns as a result of shutting down of businesses, schools, and industries.

Furthermore, the absence of industrial activity caused by lockdown measures worsened the power demand, which slowed efforts to install new DERs. The market for distributed energy resource management system, however, is being driven by the increasing use of renewable energy.

Actively Monitoring Power Utilities to Prevent Power Outages to Propel Market

In order to manage the response to power outages across its six-state electric system, FirstEnergy, an Ohio-based corporation, requested Oracle's Advanced Distribution Management System in November 2022. The company's Utilities Network Management System (NMS), which enabled FirstEnergy to actively monitor and control centers across its 10 power utilities, was implemented with Oracle's assistance. This is anticipated to increase the market share.

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Sharp Rise in Rooftop PV Installations Among Businesses Propels Market Growth

As DERMS are so widely used, the industrial and utility sectors control the DERMS market. In addition, utilities and businesses produce a sizable amount of distributed energy, which supports the dominance of the market.

The residential and commercial segments are the end-user applications of distributed energy resource management on a smaller scale than the industrial & utilities segment. The segment's main driver is the sharp rise in rooftop PV system installations among business and residential end-users, including property owners who frequently utilize management, control, and analytic software for effective operation and optimization.

Competitive Landscape

Existing Players Maintain their Position by Offering Variety of Pertinent Advanced Distribution Management System

Due to the growth of the renewable energy industry and the consequent rise in demand for more sustainably managing the energy supply, the majority of market players are focusing on developing virtual power plants to increase their market growth.

As a result, more businesses that cater to different project demands have entered the market. These companies, which account for a sizeable portion of the global competitive landscape, focus more on providing more recent technological innovations for distributed energy generation. For instance, Oracle and POWER Engineers collaborated in May 2022, in which Oracle offered a wide range of pertinent Advanced Distribution Management System (ADMS) solutions, such as Network Management System (NMS), Distributed Energy Resource Management System (DERMS), and Outage Management System (OMS) solutions.

Notable Industry Development:

• June 2022 – Schneider Electric and Hitachi Energy collaborated to provide greater customer value and accelerate the energy transition. The non-exclusive collaboration will support customers' sustainability efforts, including the decarbonization of the energy and industrial sectors.

List of Key Players Profiled in the Report

• Itron (U.S.)
• Oracle (U.S.)
• Energy Hub (U.S.)
• AutoGrid Systems (U.S.)
• Opus One Solutions (Canada)
• Blue Pillar (U.S.)
• Kitu Systems (U.S.)
• Enel (Italy)
• Open Access Technology International, Ltd. (U.S.)
• Sunverge Energy Inc. (U.S.)
• Hitachi ABB (Switzerland)
• Schneider Electric (France)
• Siemens (Germany)
• General Electric (U.S.)
• Engie (France)
• Generac (U.S.)
• Mitsubishi Electric Corporation (Japan)
• Doosan Heavy Industries & Construction (South Korea)

Further Report Findings

• The distributed energy resource management system market share is dominated by Asia Pacific. The need for DERMS is driven by the region's high energy demand and the enormous rise in solar and wind renewable energy installation. A significant advance in this regard happened in August 2022 when Horizon Power introduced a new DERMS in the regional microgrids of Western Australia. This system enables users of rooftop solar, batteries, and electric vehicles to safely connect with utility energy resources.

• The increased approval of several distributed resource management and virtual power plant projects throughout North America is a major factor driving the market for distributed energy resource management in the region. For instance, Swell Energy received USD 120 million in November 2022 to broaden the categorization of virtual power plants.
• The demand for distributed energy resource management is being driven by substantial projects in Europe that use DERMS-based software for renewable energy and energy storage-based systems. For instance, to meet the demand for energy, Statkraft's virtual power plant in Germany generates 10,000 MW or more of electricity.
• The market will expand in tandem with substantial investments made in renewable energy projects in Latin America and the Middle East of Africa.

Table of Segmentation