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Global Distributed Energy Resources Market By Technology (CHP, energy storage, Others), By Software (Analytics, Management & Control, Others), By Application (Industrial, Military, others), By Region, Forecast & Opportunities to 2026

The global distributed energy resources market accounted for a value of USD 54.6 billion in 2019 and is projected to register growth at a CAGR of 10.9% during forecast period.

COVID-19 has impacted the distributed energy resources market. The manufacturing units have to halt or shutdown due to lockdown. The supply chain of raw materials got disrupted due to travel restriction around the world. The market for distributed energy resources is likely to decline due to COVID-19.

Definition:

 Distributed Energy Resources can be defined as electricity generation units. It is decentralized and modular technologies which are located within the electric distribution system. In includes distribution generation and distribution power. This technology consists of small hydro, solar power, wind power and others technologies.

Market Dynamics (Drivers/Opportunities):

The awareness among people is increasing about emissions and the pollution caused by emission by greenhouse gases. The governments across various countries are adopting stringent policies to reduce emission of such gases. The demand for electricity is constantly increasing in the world. This drives growth in distributed energy resources market during forecast period.

The research and development initiatives are increasing in this market. The development of new technologies is highly demanded. The governments in many countries are promoting distributed energy resources across industrial, commercial and residential sector. This drives growth in distributed energy resources market during forecast period.

Market Insights, by Technology

On the basis of technology, the distributed energy resources market is segmented into solar PV, wind, energy storage, combines heat and power, fuel cell, others. The fuel cell segment accounted for largest market share of XX% in 2019. However, solar PV technology is estimated to register growth at highest CAGR during forecast period. PV modules are exposed to solar rays which creates an electrical current in solar PV technology. There are various projects started by government in solar PV technology. This drives growth in solar PV technology during forecast period.

Market Insights, by Application

 On the basis of application, the distributed energy resources market is segmented into industrial, government & municipalities, commercial, residential, military. The commercial & industrial application accounted for largest market share of XX % in 2019 and it is estimated to dominate the market during forecast period. The commercial & industrial segment has low installation cost and easy access to utility areas. The government in many countries offers supporting policies for commercial & industrial segment which increases growth. The distributed energy resources provide energy security and higher efficiency. It also reduces emission of greenhouse gases. These are the factors due to which DER is highly preferred by commercial & industrial segment. This drives growth in commercial & industrial segment during forecast period.

Regional Insights

Asia-Pacific region is estimated to register growth at highest CAGR during forecast period.  The demand for energy is increasing in this region due to large population. The urbanization and industrialization is also increasing in this region. This increases the adoption of DER in this region and drives growth in Asia-Pacific region during forecast period.

Key Companies & Market Share Insights

The key market players in distributed energy resources market are ABB, Siemens AG, General Electric, Spirae LLC, Schneider Electric, Advanced Microgrid Solution, Blue Pillar, Auto Grid System Inc., Opus One Solutions, Smarter Grid Solutions, Open Access Technology International, Sunverge Energy, First Solar, EnerCON GmbH and Doosan Heavy Industries.

Segments Covered in the Report

This report forecasts The Global Distributed Energy Resources Market, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2026. For the purpose of this study, Our Company has segmented the global distributed energy resources market report on the basis of technology and application.

Distributed Energy Resources Market Size & Forecast (2017-2026)

  1. Research Framework
    • Market Definition and Product Overview
    • Market Segmentation
  2. Research Methodology
    • Qualitative Research
      • Primary & Secondary Sources
    • Quantitative Research
      • Primary & Secondary Sources
    • Breakdown of Primary Research Respondents, By Region
      • Secondary Research
      • Primary Research
    • Breakdown of Primary Research Respondents, By Industry Participants
      • Market Size Estimation
      • Assumption for the Study
      • Market Breakdown & Data Triangulation
  1. Executive Summary
    • Market Snapshot
  2. Industry Insights
    • Industry ecosystem analysis
      • Value Chain Analysis
    • Industry impact and forces
      • Growth Drivers
      • Challenges &Restraints
      • Opportunities
    • Disruptive Technological Analysis
    • Regulatory framework
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
    • Growth potential analysis, 2019
    • Porter’s Five forces analysis
    • Pricing Analysis
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. COVID – Impact Analysis
    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America
  2. Distributed Energy Resources Market, By Technology, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Solar pv
  • Wind
  • Energy storage
  • Combined heat & power
  • Fuel cell
  • others
  1. Distributed Energy Resources Market, By Software, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Analytics
  • Management & control
  • Virtual power plants
  1. Distributed Energy Resources Market, By Application, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • Industrial
  • Government & municipalities
  • Commercial
  • Residential
  • Military
  1. Distributed Energy Resources Market, By Region, Market Size & Forecast To 2026

(USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)

  • Introduction
  • North America Market Size & Forecast To 2026
    • Market Overview
    • COVID-19 Impact
    • By Technology
    • By Application
    • By Country
      • USA
        • By Application
      • Canada
      • Mexico
    • South America Market Size & Forecast To 2026
      • Market Overview
      • COVID-19 Impact
      • By Technology
      • By Application
      • By Country
        • Brazil
          • By Application
        • Argentina
        • Chile
        • Rest of South America
      • Europe Market Size & Forecast To 2026
        • Market Overview
        • COVID-19 Impact
        • By Technology
        • By Application
        • By Country
          • UK
            • By Application
          • Germany
          • France
          • Italy
          • Rest of Europe
        • APAC Market Size & Forecast To 2026
          • Market Overview
          • COVID-19 Impact
          • By Technology
          • By Application
          • By Country
            • China
              • By Application
            • India
            • Japan
            • South Korea
            • Australia
            • Rest of APAC
          • Middle East & Africa Market Size & Forecast To 2026
            • Market Overview
            • COVID-19 Impact
            • By Technology
            • By Application
            • By Country
              • Saudi Arabia
                • By Application
              • UAE
              • Qatar
              • Kuwait
              • South Africa
              • Rest of Middle East & Africa
  1. Competitive Landscaping
    • Competitive Benchmarking
      • Market Share Analysis, 2019
      • Global Presence and Growth Strategies
        • Mergers & Acquisitions
        • New Product Launches
        • Investments Trends
        • R&D Initiatives
  1. Company Profile
    • Doosan Heavy Industries
      • Company Overview
      • Financial Overview
      • Product Portfolio
      • Recent Developments
      • SWOT Analysis
      • Strategic Outlook
    • ABB
    • Siemens AG
    • General Electric
    • Spirae LLC
    • Schneider Electric
    • Advanced Microgrid Solution
    • Blue Pillar
    • Auto Grid System Inc.
    • Opus One Solutions
    • Smarter Grid Solutions
    • Open Access Technology International
    • Sunverge Energy
    • First Solar
    • EnerCON GmbH
  2. Appendix
    • Interrelated Market

 

Research Methodology

1.1     Research Methodology

The process of market research at PAN Market Consulting is very intuitive being iterative in nature and usually follows the path where Information gathered from secondary research is used to build data models, which are than validated from primary participants. Then same cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new information type is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the product/services. The revenue generated from the sales of product/services has been calculated through primary and secondary research. The report also analyses the key players operating in the market at the global level which are identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes product segmentation determined using secondary sources and verified through primary sources.

1.2     Secondary Research

The secondary research source that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The source for secondary research includes but is not limited to Factiva, Hoovers and Statista

SecondaryResearch

1.3     Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following end users:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/ product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4     Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data products to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, product stage & infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

ResearchMethodology1

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach whereas it acts as starting point for top-down approach.

ResearchMethodology2

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