The distributed energy resources management system (derms) market has seen considerable growth due to a variety of factors.
• The distributed energy resources management system (DERMS) market has grown rapidly in recent years. It is expected to increase from $0.95 billion in 2024 to $1.11 billion in 2025, at a CAGR of 16.9%.
The growth has been driven by the rise in renewable energy adoption, investments in smart grid infrastructure, favorable government policies, and digitalization in grid management.
The distributed energy resources management system (derms) market is expected to maintain its strong growth trajectory in upcoming years.
• The distributed energy resources management system (DERMS) market will grow rapidly, reaching $2.04 billion by 2029 at a CAGR of 16.5%.
Growth is driven by sustainability goals, rising energy demand, and IoT adoption. Key trends include new product developments, market expansion, technological advancements, and smart grid integration.
The growth of the distributed energy resources management system (DERMS) market is propelled by the increasing adoption of renewable energy sources like solar and wind power. DERMS optimize the integration and control of renewable energy sources, improving grid reliability and efficiency. According to the U.S. Energy Information Administration in January 2024, solar power generation is expected to increase by 75%, further stimulating the DERMS market.
The distributed energy resources management system (DERMS) market covered in this report is segmented –
1) By Software: Virtual Power Plant (VPP), Management And Control, Analytics
2) By Application: Solar, Energy Storage, Wind, Electric Vehicle (EV) Charging Stations, Other Applications
3) By End-User: Residential, Commercial, Industrial And Utilities
Subsegments:
1) By Virtual Power Plant (VPP): Aggregation And Optimization Software, Demand Response Management Software, Energy Trading And Market Integration Software
2) By Management And Control: Grid Management Software, Load Forecasting And Demand-Side Management Software, Asset And Resource Scheduling Software
3) By Analytics: Predictive Analytics Software, Real-Time Monitoring And Reporting Software, Energy Consumption And Efficiency Analytics Software
Companies in the distributed energy resources management system (DERMS) market are focusing on platforms to improve the integration of renewable energy resources into the power grid. Swell Energy, a US-based smart grid solutions provider, launched GridAmp in February 2022, a DERMS platform that integrates solar and battery storage to enhance virtual power plants (VPPs) and optimize energy management.
Major companies operating in the distributed energy resources management system (DERMS) market are:
• Enel S.p.A.
• Siemens AG
• General Electric Company
• Oracle Corporation
• Mitsubishi Electric Corporation
• Schneider Electric SE
• ABB Ltd.
• Emerson Electric Co.
• Doosan Corporation
• Generac
• Engie SA
• Itron Inc.
• Open Access Technology International Inc.
• Uplight Inc.
• AutoGrid Systems
• Opus One Solutions
• EnergyHub
• Spirae LLC
• Kitu Systems
• PXiSE Energy Solutions
• Connected Energy
• Blue Pillar
North America was the largest region in the distributed energy resources management system (DERMS) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the distributed energy resources management system (DERMS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.