Global Distributed Energy Resources (DERs) Market Size, Share and Industry Analysis by Regions, Countries, Types, and Applications, Forecast to 2028

SKU ID : Maia- 24265254

Publishing Date : 11-Jul-2023

No. of pages : 117

PRICE
3480
5220
6960

  • The global Distributed Energy Resources (DERs) market size was valued at USD 52189.99 Million in 2022 and will reach USD 98809.07 Million in 2028, with a CAGR of 11.22% during 2022-2028.


    Distributed Energy Resources (DERs) is electrical generation and storage performed by a variety of small, grid-connected or distribution system-connected devices. DERs can be various types of small-scale renewable energy-producing devices, such as solar panels, wind turbines, batteries, biogas, and others. DERs can reduce energy waste, increase grid resilience, increase energy use efficiency, and reduce carbon emissions due to the integration of renewable energy.



    The epidemic has also affected the distributed energy resources (DERs) industry, with rising raw material prices, supply chain disruptions, restrictions on project layout and implementation, and short-term demand impacts. In the long run, with the weakening of the impact of the epidemic, the recovery of production and life, and the implementation of carbon neutrality goals in various countries, the distributed energy resources (DERs) market with advantages of cost saving, energy saving and emission reduction, and multi-energy complementary advantages has broad prospects.



    1 Drivers

    1.1 Distributed energy resources (DERs) have the advantages of cost saving, energy saving and emission reduction, and multi-energy complementarity.

    1.2 The development goal of carbon neutrality and national policy support will promote the development of distributed energy resources (DERs)



    2 Challenges

    2.1 Distributed energy resources (DERs) will challenge existing energy supply infrastructure.

    2.2 Synergies and technologies for distributed energy resources (DERs) need to be continuously improved



    3 Emerging Market Trends

    With the economic development of emerging economies, the process of urbanization and industrialization is accelerating, and the demand for energy is increasing. At the same time, under the goal of carbon neutrality, distributed energy resources (DERs) have become an important development strategy, and emerging markets have great potential.



    Region Overview:

    United States was the largest revenue market with a market share of 30.79% in 2017 and 26.84% in 2022, a decrease of 3.95%.



    Company Overview:

    Longi is a global solar technology company providing innovative green energy solutions to customers in the industrial, commercial and residential markets.

    The industry concentrate rate is relativity low. The market share of the top three companies in 2021 was 19.88%. The top three companies are LONGi, JA Solar and Trina Solar, with the revenue market share of 8.94%, 5.55% and 5.39% in 2021.



    Segmentation Overview:

    Wind DERs

    Distributed wind power refers to a distributed energy resources system that uses wind generators as distributed power sources to convert wind energy into electrical energy. It is a small, modular, decentralized, efficient and reliable power generation mode that is arranged near users.

    PV DERs

    Photovoltaics, the important solar technology for distributed generation of solar power, uses solar cells assembled into solar panels to convert sunlight into electricity. As most renewable energy sources and unlike coal and nuclear, solar PV is variable and non-dispatchable, but has no fuel costs, operating pollution, as well as greatly reduced mining-safety and operating-safety issues.

    Among different product types, PV DERs segment is anticipated to contribute the largest market share in 2027.



    Application Overview:

    Distributed energy resources (DERs) can be divided into commercial, residential and others according to application scenarios. Commercial mainly provides small modularized and distributed energy for commercial projects, such as hospitals, shopping malls, etc.; residential mainly provides distributed energy for residents' houses.

    By application, the Residential segment occupied the biggest share from 2017 to 2022.



    The Distributed Energy Resources (DERs) market report covers sufficient and comprehensive data on market introduction, segmentations, status and trends, opportunities and challenges, industry chain, competitive analysis, company profiles, and trade statistics, etc. It provides in-depth and all-scale analysis of each segment of types, applications, players, 5 major regions and sub-division of major countries, and sometimes end user, channel, technology, as well as other information individually tailored before order confirmation.



    Meticulous research and analysis were conducted during the preparation process of the report. The qualitative and quantitative data were gained and verified through primary and secondary sources, which include but not limited to Magazines, Press Releases, Paid Databases, Maia Data Center, National Customs, Annual Reports, Public Databases, Expert interviews, etc. Besides, primary sources include extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs, and marketing executives, downstream distributors, as well as end-clients.



    In this report, the historical period starts from 2018 to 2022, and the forecast period ranges from 2023 to 2028. The facts and data are demonstrated by tables, graphs, pie charts, and other pictorial representations, which enhances the effective visual representation and decision-making capabilities for business strategy.



    Key Companies in the global Distributed Energy Resources (DERs) market covered in Chapter 4:

    JinkoSolar
    JA Solar
    Vestas
    Goldwind
    Siemens
    Caterpiller
    General Electric
    Smarter Grid Solutions
    LONGi
    Schneider Electric
    Trina Solar
    Sunverge Energy
    Envision
    Canadian Solar
    Hanwha Q CELLS
    First Solar


    In Chapter 12 and Chapter 14.1, on the basis of types, the Distributed Energy Resources (DERs) market from 2018 to 2028 is primarily split into:

    Wind DERs
    PV DERs
    Others


    In Chapter 13 and Chapter 14.2, on the basis of the Downstream Industry, the Distributed Energy Resources (DERs) market from 2018 to 2028 covers:

    Commercial
    Residential
    Others


    Geographically, the detailed analysis of consumption, revenue, market share and growth rate, history and forecast (2018-2028) of the following regions are covered in Chapters 6, 7, 8, 9, 10, 11, 15:

    North America (United States, Canada, Mexico)

    Europe (Germany, United Kingdom, France, Italy, Spain)

    Asia Pacific (China, Japan, South Korea, India, Southeast Asia)

    South America (Brazil, Argentina)

    Middle East & Africa (Saudi Arabia, UAE, South Africa)



    Outline:

    Chapter 1 begins with the Distributed Energy Resources (DERs) market scope and definition, product segment introduction, global overall market size, as well as market dynamics scenarios such as opportunities, challenges, and industry development trends under inflation. It offers a high-level view of the current state of the Distributed Energy Resources (DERs) market and its likely evolution in the short to mid-term and long term.



    Chapter 2 provides Distributed Energy Resources (DERs) industry chain analysis, covering raw materials analysis, cost structure, price estimate, and forecast, along with price-impacting factors, downstream channels, and major customers. It aims to help readers to grab insights into product upstream, midstream, and downstream fields.



    Chapter 3 depicts Distributed Energy Resources (DERs) industry competitive analysis regarding market concentration rate, saturation rate, feasibility analysis from new entrants, as well as substitute's status and trends. It indicates the developing space and prospects of the current industry.



    Chapter 4 analyzes extensive company profiles, comprising company basic info, product or service profiles, and sales, price, value, gross, and gross margin 2018-2023. It incorporates the Distributed Energy Resources (DERs) market ranking, benchmarks, and company business portfolio.



    Chapter 5 presents trade statistics of import and export volume from 2018-2023, demonstrating domestic and international market comparisons in specific countries.



    Chapters 6-10 highlight Distributed Energy Resources (DERs) market status at the regional and country levels, including 5 major regions of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The region and country list in the sample is only for reference, and it can be adjusted as required.



    Chapter 11 involves geographical market figures of sales, value, market share, and growth rate. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of each specific region.



    Chapters 12-13 evaluate the Distributed Energy Resources (DERs) market based on different types and applications. It focuses on sales and value of 2018-2023 from both vertical and horizontal perspectives.



    Chapters 14-15 elaborate on the Distributed Energy Resources (DERs) market forecast data from 2023-2028, segmented by types and applications, regions, and major countries, helping readers to know future aspects and growth trends.



    Chapter 16 ends with an elaboration of data sources and research methodology. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.



    Years considered for this report:



    Historical Years:

    2018-2022

    Base Year:

    2022

    Estimated Year:

    2023

    Forecast Period:

    2023-2028

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
    market Reports market Reports