Top Companies in DERMS Industry

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. The growth of the DERMS market is further fueled by growing integration of DERs, comprising solar, wind, and energy storage systems. DERMS platforms are allowing for efficient management and optimization of these DERs and thus enhancing grid reliability and resilience.

Top Companies in DERMS Industry

• Siemens (Germany),
• General Electric Company (US),
• Schneider Electric (France),
• ABB (Switzerland),
• Hitachi, Ltd. (Switzerland), among others.

The major strategies these players adopt include new product development, Partnerships, acquisitions are among the key growth strategies adopted. Companies operating in this market also focus on innovations, expansions, and R&D investments to increase their market share and expand their regional presence.

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Schneider Electric is an energy management and automation company. The company develops related technologies and solutions for electricity distribution. Its major products include automation and control products; low voltage products and systems; solar and energy storage; medium voltage distribution and grid automation; and critical power, cooling, and racks. The company serves various industries, including banking and finance, food and beverage, healthcare, life sciences, marine, metals, minerals and cement, mining, oil and gas, retail, and automotive and mobility. The company operates through two segments, namely, Energy Management and Industrial Automation. It offers DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM market solution through Energy Management segment. Energy Management leverages a complete end-to-end technology offering enabled by EcoStruxure. The Group’s go-to-market is oriented to address customer needs across its four end-markets of Buildings, Data Centers, Industry and Infrastructure, supported by a worldwide partner network..

Siemens is a global technology company specializing in digitalization, electrification, and automation across industries like energy, healthcare, manufacturing, and mobility. The company is organized into key divisions: Digital Industries, Smart Infrastructure, Mobility, and Siemens Healthineers. Siemens is a major player in the decarbonization movement, leveraging its global presence to innovate in areas such as smart cities, renewable energy, and healthcare technologies. The company offers DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM market solution through Smart Infrastructure segment. Smart Infrastructure’s versatile portfolio consists of buildings, electrification, and electrical products. Siemens has geographic presence in Europe, Commonwealth of Independent States (C.I.S), Middle East, Africa, Americas, Asia, and Australia.
 
ABB is a provider of electrification and automation technologies and solutions. The company' offers products, systems, solutions and services related to electrification products, motion and industrial automation. The company operates through four segments, namely, Electrification, Motion, Process Automation, Robotics & Discrete Automation. It offers DISTRIBUTED ENERGY RESOURCE MANAGEMENT SYSTEM market solution through Electrification segment. Electrification segment provides leading electrical distribution and management technologies, solutions and services to electrify the world in a safe, smart and sustainable way. The company has geographic presence In Americas, Asia Pacific, Middle East & Africa, and Europe.

Related Reports:

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

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