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Distributed Energy Resources (DERs) is electrical generation and storage performed by a variety of small, grid-connected or distribution system-connected devices. Different from conventional power station, DER systems are decentralized, modular, and more flexible technologies that are located close to the load they serve. DER systems typically use renewable energy sources, including small hydro, biomass, biogas, solar power, wind power, and geothermal power, and increasingly play an important role for the electric power distribution system. This report introduced distributed energy generation equipment and energy storage equipment, engineering services and software are not included. Highlights The global Distributed Energy Resources (DERs) market is projected to reach US$ million by 2029 from an estimated US$ million in 2023, at a CAGR of % during 2024 and 2029. Global Distributed Energy Resources (DERs) includes GE, Siemens, Vestas, etc. Global top three companies hold a share over 30%. Asia-Pacific is the largest market, with a share about 60%, followed by Europe and North America with the share about 20% and 15%. Report Scope This report aims to provide a comprehensive presentation of the global market for Distributed Energy Resources (DERs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Distributed Energy Resources (DERs). The Distributed Energy Resources (DERs) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Distributed Energy Resources (DERs) market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Distributed Energy Resources (DERs) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include: GE Siemens Vestas Goldwind Envision LONGi JinkoSolar DRAX JA Solar Trina Solar Canadian Solar Hanwha Solutions Risen Energy First Solar Enel Group Ørsted NEC Chint Electrics Schneider Electric Caterpiller SunPower Seraphim LG Business Solutions Jinergy Jolywood Solargiga Shunfeng EGing PV Cummins Tangshan Haitai HT-SAAE Talesun Solar GCL System Product Type Insights Global markets are presented by Distributed Energy Resources (DERs) type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Distributed Energy Resources (DERs) are procured by the companies. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029). Distributed Energy Resources (DERs) segment by Type Wind DERs PV DERs Application Insights This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029). This report also outlines the market trends of each segment and consumer behaviors impacting the Distributed Energy Resources (DERs) market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Distributed Energy Resources (DERs) market. Distributed Energy Resources (DERs) Segment by Application Commercial Residential Others Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029. North America United States Canada Europe Germany France UK Italy Russia Nordic Countries Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the Distributed Energy Resources (DERs) market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Distributed Energy Resources (DERs) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of Distributed Energy Resources (DERs) and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Distributed Energy Resources (DERs) industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Distributed Energy Resources (DERs). This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Research objectives, research methods, data sources, data cross-validation; Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry. Chapter 6: Detailed analysis of Distributed Energy Resources (DERs) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 13: The main points and conclusions of the report. Frequently Asked Questions What factors will challenge the Product Name market growth? Which end-use segment will expand at the fastest CAGR in the Product Name market? Which are the emerging players in the Product Name market? How concentrated is the Product Name market? Which factors are positively contributing to the Product Name market growth? Which are the novel product innovations in the Product Name market? Which product segment will emerge as the most lucrative in the Product Name market? Which factors are increasing the competition in the Product Name market? Which are the strategic measures taken by the Product Name industry players? Which region will witness inactive growth during the forecast period? What key trends are likely to emerge in the Product Name market in the coming years?
1 Preface 1.1 Scope of Report 1.2 Reasons for Doing This Study 1.3 Research Methodology 1.4 Research Process 1.5 Data Source 1.5.1 Secondary Sources 1.5.2 Primary Sources 2 Market Overview 2.1 Product Definition 2.2 Distributed Energy Resources (DERs) by Type 2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) 1.2.2 Wind DERs 1.2.3 PV DERs 2.3 Distributed Energy Resources (DERs) by Application 2.3.1 Market Value Comparison by Application (2018 VS 2022 VS 2029) 2.3.2 Commercial 2.3.3 Residential 2.3.4 Others 2.4 Assumptions and Limitations 3 Distributed Energy Resources (DERs) Breakdown Data by Type 3.1 Global Distributed Energy Resources (DERs) Historic Market Size by Type (2018-2023) 3.2 Global Distributed Energy Resources (DERs) Forecasted Market Size by Type (2023-2028) 4 Distributed Energy Resources (DERs) Breakdown Data by Application 4.1 Global Distributed Energy Resources (DERs) Historic Market Size by Application (2018-2023) 4.2 Global Distributed Energy Resources (DERs) Forecasted Market Size by Application (2018-2023) 5 Global Growth Trends 5.1 Global Distributed Energy Resources (DERs) Market Perspective (2018-2029) 5.2 Global Distributed Energy Resources (DERs) Growth Trends by Region 5.2.1 Global Distributed Energy Resources (DERs) Market Size by Region: 2018 VS 2022 VS 2029 5.2.2 Distributed Energy Resources (DERs) Historic Market Size by Region (2018-2023) 5.2.3 Distributed Energy Resources (DERs) Forecasted Market Size by Region (2024-2029) 5.3 Distributed Energy Resources (DERs) Market Dynamics 5.3.1 Distributed Energy Resources (DERs) Industry Trends 5.3.2 Distributed Energy Resources (DERs) Market Drivers 5.3.3 Distributed Energy Resources (DERs) Market Challenges 5.3.4 Distributed Energy Resources (DERs) Market Restraints 6 Market Competitive Landscape by Players 6.1 Global Top Distributed Energy Resources (DERs) Players by Revenue 6.1.1 Global Top Distributed Energy Resources (DERs) Players by Revenue (2018-2023) 6.1.2 Global Distributed Energy Resources (DERs) Revenue Market Share by Players (2018-2023) 6.2 Global Distributed Energy Resources (DERs) Industry Players Ranking, 2021 VS 2022 VS 2023 6.3 Global Key Players of Distributed Energy Resources (DERs) Head office and Area Served 6.4 Global Distributed Energy Resources (DERs) Players, Product Type & Application 6.5 Global Distributed Energy Resources (DERs) Players, Date of Enter into This Industry 6.6 Global Distributed Energy Resources (DERs) Market CR5 and HHI 6.7 Global Players Mergers & Acquisition 7 North America 7.1 North America Distributed Energy Resources (DERs) Market Size (2018-2029) 7.2 North America Distributed Energy Resources (DERs) Market Growth Rate by Country: 2018 VS 2022 VS 2029 7.3 North America Distributed Energy Resources (DERs) Market Size by Country (2018-2023) 7.4 North America Distributed Energy Resources (DERs) Market Size by Country (2024-2029) 7.5 United States 7.6 Canada 8 Europe 8.1 Europe Distributed Energy Resources (DERs) Market Size (2018-2029) 8.2 Europe Distributed Energy Resources (DERs) Market Growth Rate by Country: 2018 VS 2022 VS 2029 8.3 Europe Distributed Energy Resources (DERs) Market Size by Country (2018-2023) 8.4 Europe Distributed Energy Resources (DERs) Market Size by Country (2024-2029) 7.4 Germany 7.5 France 7.6 U.K. 7.7 Italy 7.8 Russia 7.9 Nordic Countries 9 Asia-Pacific 9.1 Asia-Pacific Distributed Energy Resources (DERs) Market Size (2018-2029) 9.2 Asia-Pacific Distributed Energy Resources (DERs) Market Growth Rate by Country: 2018 VS 2022 VS 2029 9.3 Asia-Pacific Distributed Energy Resources (DERs) Market Size by Country (2018-2023) 9.4 Asia-Pacific Distributed Energy Resources (DERs) Market Size by Country (2024-2029) 8.4 China 8.5 Japan 8.6 South Korea 8.7 Southeast Asia 8.8 India 8.9 Australia 10 Latin America 10.1 Latin America Distributed Energy Resources (DERs) Market Size (2018-2029) 10.2 Latin America Distributed Energy Resources (DERs) Market Growth Rate by Country: 2018 VS 2022 VS 2029 10.3 Latin America Distributed Energy Resources (DERs) Market Size by Country (2018-2023) 10.4 Latin America Distributed Energy Resources (DERs) Market Size by Country (2024-2029) 9.4 Mexico 9.5 Brazil 11 Middle East & Africa 11.1 Middle East & Africa Distributed Energy Resources (DERs) Market Size (2018-2029) 11.2 Middle East & Africa Distributed Energy Resources (DERs) Market Growth Rate by Country: 2018 VS 2022 VS 2029 11.3 Middle East & Africa Distributed Energy Resources (DERs) Market Size by Country (2018-2023) 11.4 Middle East & Africa Distributed Energy Resources (DERs) Market Size by Country (2024-2029) 10.4 Turkey 10.5 Saudi Arabia 10.6 UAE 12 Players Profiled 11.1 GE 11.1.1 GE Company Detail 11.1.2 GE Business Overview 11.1.3 GE Distributed Energy Resources (DERs) Introduction 11.1.4 GE Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.1.5 GE Recent Development 11.2 Siemens 11.2.1 Siemens Company Detail 11.2.2 Siemens Business Overview 11.2.3 Siemens Distributed Energy Resources (DERs) Introduction 11.2.4 Siemens Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.2.5 Siemens Recent Development 11.3 Vestas 11.3.1 Vestas Company Detail 11.3.2 Vestas Business Overview 11.3.3 Vestas Distributed Energy Resources (DERs) Introduction 11.3.4 Vestas Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.3.5 Vestas Recent Development 11.4 Goldwind 11.4.1 Goldwind Company Detail 11.4.2 Goldwind Business Overview 11.4.3 Goldwind Distributed Energy Resources (DERs) Introduction 11.4.4 Goldwind Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.4.5 Goldwind Recent Development 11.5 Envision 11.5.1 Envision Company Detail 11.5.2 Envision Business Overview 11.5.3 Envision Distributed Energy Resources (DERs) Introduction 11.5.4 Envision Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.5.5 Envision Recent Development 11.6 LONGi 11.6.1 LONGi Company Detail 11.6.2 LONGi Business Overview 11.6.3 LONGi Distributed Energy Resources (DERs) Introduction 11.6.4 LONGi Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.6.5 LONGi Recent Development 11.7 JinkoSolar 11.7.1 JinkoSolar Company Detail 11.7.2 JinkoSolar Business Overview 11.7.3 JinkoSolar Distributed Energy Resources (DERs) Introduction 11.7.4 JinkoSolar Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.7.5 JinkoSolar Recent Development 11.8 DRAX 11.8.1 DRAX Company Detail 11.8.2 DRAX Business Overview 11.8.3 DRAX Distributed Energy Resources (DERs) Introduction 11.8.4 DRAX Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.8.5 DRAX Recent Development 11.9 JA Solar 11.9.1 JA Solar Company Detail 11.9.2 JA Solar Business Overview 11.9.3 JA Solar Distributed Energy Resources (DERs) Introduction 11.9.4 JA Solar Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.9.5 JA Solar Recent Development 11.10 Trina Solar 11.10.1 Trina Solar Company Detail 11.10.2 Trina Solar Business Overview 11.10.3 Trina Solar Distributed Energy Resources (DERs) Introduction 11.10.4 Trina Solar Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.10.5 Trina Solar Recent Development 11.11 Canadian Solar 11.11.1 Canadian Solar Company Detail 11.11.2 Canadian Solar Business Overview 11.11.3 Canadian Solar Distributed Energy Resources (DERs) Introduction 11.11.4 Canadian Solar Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.11.5 Canadian Solar Recent Development 11.12 Hanwha Solutions 11.12.1 Hanwha Solutions Company Detail 11.12.2 Hanwha Solutions Business Overview 11.12.3 Hanwha Solutions Distributed Energy Resources (DERs) Introduction 11.12.4 Hanwha Solutions Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.12.5 Hanwha Solutions Recent Development 11.13 Risen Energy 11.13.1 Risen Energy Company Detail 11.13.2 Risen Energy Business Overview 11.13.3 Risen Energy Distributed Energy Resources (DERs) Introduction 11.13.4 Risen Energy Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.13.5 Risen Energy Recent Development 11.14 First Solar 11.14.1 First Solar Company Detail 11.14.2 First Solar Business Overview 11.14.3 First Solar Distributed Energy Resources (DERs) Introduction 11.14.4 First Solar Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.14.5 First Solar Recent Development 11.15 Enel Group 11.15.1 Enel Group Company Detail 11.15.2 Enel Group Business Overview 11.15.3 Enel Group Distributed Energy Resources (DERs) Introduction 11.15.4 Enel Group Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.15.5 Enel Group Recent Development 11.16 Ørsted 11.16.1 Ørsted Company Detail 11.16.2 Ørsted Business Overview 11.16.3 Ørsted Distributed Energy Resources (DERs) Introduction 11.16.4 Ørsted Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.16.5 Ørsted Recent Development 11.17 NEC 11.17.1 NEC Company Detail 11.17.2 NEC Business Overview 11.17.3 NEC Distributed Energy Resources (DERs) Introduction 11.17.4 NEC Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.17.5 NEC Recent Development 11.18 Chint Electrics 11.18.1 Chint Electrics Company Detail 11.18.2 Chint Electrics Business Overview 11.18.3 Chint Electrics Distributed Energy Resources (DERs) Introduction 11.18.4 Chint Electrics Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.18.5 Chint Electrics Recent Development 11.19 Schneider Electric 11.19.1 Schneider Electric Company Detail 11.19.2 Schneider Electric Business Overview 11.19.3 Schneider Electric Distributed Energy Resources (DERs) Introduction 11.19.4 Schneider Electric Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.19.5 Schneider Electric Recent Development 11.20 Caterpiller 11.20.1 Caterpiller Company Detail 11.20.2 Caterpiller Business Overview 11.20.3 Caterpiller Distributed Energy Resources (DERs) Introduction 11.20.4 Caterpiller Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.20.5 Caterpiller Recent Development 11.21 SunPower 11.21.1 SunPower Company Detail 11.21.2 SunPower Business Overview 11.21.3 SunPower Distributed Energy Resources (DERs) Introduction 11.21.4 SunPower Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.21.5 SunPower Recent Development 11.22 Seraphim 11.22.1 Seraphim Company Detail 11.22.2 Seraphim Business Overview 11.22.3 Seraphim Distributed Energy Resources (DERs) Introduction 11.22.4 Seraphim Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.22.5 Seraphim Recent Development 11.23 LG Business Solutions 11.23.1 LG Business Solutions Company Detail 11.23.2 LG Business Solutions Business Overview 11.23.3 LG Business Solutions Distributed Energy Resources (DERs) Introduction 11.23.4 LG Business Solutions Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.23.5 LG Business Solutions Recent Development 11.24 Jinergy 11.24.1 Jinergy Company Detail 11.24.2 Jinergy Business Overview 11.24.3 Jinergy Distributed Energy Resources (DERs) Introduction 11.24.4 Jinergy Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.24.5 Jinergy Recent Development 11.25 Jolywood 11.25.1 Jolywood Company Detail 11.25.2 Jolywood Business Overview 11.25.3 Jolywood Distributed Energy Resources (DERs) Introduction 11.25.4 Jolywood Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.25.5 Jolywood Recent Development 11.26 Solargiga 11.26.1 Solargiga Company Detail 11.26.2 Solargiga Business Overview 11.26.3 Solargiga Distributed Energy Resources (DERs) Introduction 11.26.4 Solargiga Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.26.5 Solargiga Recent Development 11.27 Shunfeng 11.27.1 Shunfeng Company Detail 11.27.2 Shunfeng Business Overview 11.27.3 Shunfeng Distributed Energy Resources (DERs) Introduction 11.27.4 Shunfeng Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.27.5 Shunfeng Recent Development 11.28 EGing PV 11.28.1 EGing PV Company Detail 11.28.2 EGing PV Business Overview 11.28.3 EGing PV Distributed Energy Resources (DERs) Introduction 11.28.4 EGing PV Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.28.5 EGing PV Recent Development 11.29 Cummins 11.29.1 Cummins Company Detail 11.29.2 Cummins Business Overview 11.29.3 Cummins Distributed Energy Resources (DERs) Introduction 11.29.4 Cummins Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.29.5 Cummins Recent Development 11.30 Tangshan Haitai 11.30.1 Tangshan Haitai Company Detail 11.30.2 Tangshan Haitai Business Overview 11.30.3 Tangshan Haitai Distributed Energy Resources (DERs) Introduction 11.30.4 Tangshan Haitai Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.30.5 Tangshan Haitai Recent Development 11.31 HT-SAAE 11.31.1 HT-SAAE Company Detail 11.31.2 HT-SAAE Business Overview 11.31.3 HT-SAAE Distributed Energy Resources (DERs) Introduction 11.31.4 HT-SAAE Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.31.5 HT-SAAE Recent Development 11.32 Talesun Solar 11.32.1 Talesun Solar Company Detail 11.32.2 Talesun Solar Business Overview 11.32.3 Talesun Solar Distributed Energy Resources (DERs) Introduction 11.32.4 Talesun Solar Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.32.5 Talesun Solar Recent Development 11.33 GCL System 11.33.1 GCL System Company Detail 11.33.2 GCL System Business Overview 11.33.3 GCL System Distributed Energy Resources (DERs) Introduction 11.33.4 GCL System Revenue in Distributed Energy Resources (DERs) Business (2017-2022) 11.33.5 GCL System Recent Development 13 Report Conclusion 14 Disclaimer