Market Research Future® Latest Reports

According to Market Research Future (MRFR), the global distributed energy resource management market is expected to create an exponential valuation by 2023, growing at 16.50% CAGR throughout the review period (2018–2023). Distributed energy resource management (DERMS) refers to the distribution grid integrated with distributed energy resources (DERs). These DERMS tools are a combination of different hardware and software integrated to manage energy resources properly. The  distributed energy resource management market  is garnering increasing traction globally. The market growth attributes to substantial investments in fostering clean energy. Besides, current challenges related to the distribution grid and rising electric utilities need to tackle the new tools. Increasing penetration of DERs in order to manage distribution grids escalate the growth of the market. Substantial investments to provide clean energy services to residential, commercial, and government sectors drive t...