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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1135041

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1135041

Global Smart Demand Response Market Size study, By Application (Residential, Commercial, Industrial), and Regional Forecasts 2022-2028

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Global Smart Demand Response Market is valued approximately USD XX Billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028.

Electric utility companies employ the smart demand response approach to lower or shift energy consumption from peak hours of the day, when the demand for electricity is highest, to leaner demand periods. Technology developments in the utilities sector along with the establishment of regulatory frameworks are anticipated to boost the implementation of smart grids, which is predicted to promote industry growth. Positive DR programmes and policies should speed up the production of the smart response systems. Over the projected period, income is also anticipated to increase as a result of Leadership in Energy and Environmental Design (LEED). The U.S. Green Building Council, for instance, in 2020, announced the launch of a LEED DR Pilot programme to encourage demand response participation by allowing building owners to receive more LEED points if they choose fully automated solutions. Along with this, increased need for utilities to manage peak demand as well as advancements in hardware technology, including control and metering equipment, can be used to explain the increase in commercial and industrial demand response technologies is creating lucrative growth opportunity for the market over the forecasted period. However, high cost of technology and equipment is restraining the market growth for the Global Smart Demand Response Market over the forecasted period.

The key regions considered for the global Smart Demand Response Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading region across the world in terms of market share owing to increasing use of smart meters in the area. Homes can connect to information on usage and price as the meter penetration increases. Additionally anticipated to provide the region with additional opportunities are time-based electricity pricing alternatives made possible by the widespread adoption of such meters. Whereas, North America is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing application of Smart Demand Response. Along with this, buildings are anticipated to supply the most peak load in California. The dynamic peak load reduction solutions with various response times are the main focus of the Demand Response Research Center (DRRC), which also examines commercial and residential applications.

Major market players included in this report are:

Comverge

Itron

ABB

iemens

Opower

Eaton Corporation plc

Johnson Controls

General Electric

EnerNOC

Honeywell

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application

Residential

Commercial

Industrial

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period: - 2022 to 2028

Target Audience of the Global Smart Demand Response Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
    • 1.2.1. Global Smart Demand Response Market, by Region, 2020-2028 (USD Billion)
    • 1.2.2. Global Smart Demand Response Market, by Application, 2020-2028 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Smart Demand Response Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Smart Demand Response Market Dynamics

  • 3.1. Smart Demand Response Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing smart grid roll-outs
      • 3.1.1.2. Rising customer energy management systems
    • 3.1.2. Market Challenges
      • 3.1.2.1. High cost of smart demand response
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rising adoption of renewable energy
      • 3.1.3.2. Increase in commercial and industrial demand response technologies

Chapter 4. Global Smart Demand Response Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Smart Demand Response Market, by Application

  • 6.1. Market Snapshot
  • 6.2. Global Smart Demand Response Market by Application, Performance - Potential Analysis
  • 6.3. Global Smart Demand Response Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
  • 6.4. Smart Demand Response Market, Sub Segment Analysis
    • 6.4.1. Residential
    • 6.4.2. Commercial
    • 6.4.3. Industrial

Chapter 7. Global Smart Demand Response Market, Regional Analysis

  • 7.1. Smart Demand Response Market, Regional Market Snapshot
  • 7.2. North America Smart Demand Response Market
    • 7.2.1. U.S. Smart Demand Response Market
      • 7.2.1.1. Application estimates & forecasts, 2018-2028
    • 7.2.2. Canada Smart Demand Response Market
  • 7.3. Europe Smart Demand Response Market Snapshot
    • 7.3.1. U.K. Smart Demand Response Market
    • 7.3.2. Germany Smart Demand Response Market
    • 7.3.3. France Smart Demand Response Market
    • 7.3.4. Spain Smart Demand Response Market
    • 7.3.5. Italy Smart Demand Response Market
    • 7.3.6. Rest of Europe Smart Demand Response Market
  • 7.4. Asia-Pacific Smart Demand Response Market Snapshot
    • 7.4.1. China Smart Demand Response Market
    • 7.4.2. India Smart Demand Response Market
    • 7.4.3. Japan Smart Demand Response Market
    • 7.4.4. Australia Smart Demand Response Market
    • 7.4.5. South Korea Smart Demand Response Market
    • 7.4.6. Rest of Asia Pacific Smart Demand Response Market
  • 7.5. Latin America Smart Demand Response Market Snapshot
    • 7.5.1. Brazil Smart Demand Response Market
    • 7.5.2. Mexico Smart Demand Response Market
  • 7.6. Rest of The World Smart Demand Response Market

Chapter 8. Competitive Intelligence

  • 8.1. Top Market Strategies
  • 8.2. Company Profiles
    • 8.2.1. Comverge
      • 8.2.1.1. Key Information
      • 8.2.1.2. Overview
      • 8.2.1.3. Financial (Subject to Data Availability)
      • 8.2.1.4. Product Summary
      • 8.2.1.5. Recent Developments
    • 8.2.2. Itron
    • 8.2.3. ABB
    • 8.2.4. iemens
    • 8.2.5. Opower
    • 8.2.6. Eaton Corporation plc
    • 8.2.7. Johnson Controls
    • 8.2.8. General Electric
    • 8.2.9. EnerNOC
    • 8.2.10. Honeywell

Chapter 9. Research Process

  • 9.1. Research Process
    • 9.1.1. Data Mining
    • 9.1.2. Analysis
    • 9.1.3. Market Estimation
    • 9.1.4. Validation
    • 9.1.5. Publishing
  • 9.2. Research Attributes
  • 9.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Smart Demand Response Market, report scope
  • TABLE 2. Global Smart Demand Response Market estimates & forecasts by Region 2018-2028 (USD Billion)
  • TABLE 3. Global Smart Demand Response Market estimates & forecasts by Application 2018-2028 (USD Billion)
  • TABLE 4. Global Smart Demand Response Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 5. Global Smart Demand Response Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 6. Global Smart Demand Response Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 7. Global Smart Demand Response Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 8. Global Smart Demand Response Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 9. Global Smart Demand Response Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 10. Global Smart Demand Response Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 11. Global Smart Demand Response Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 12. Global Smart Demand Response Market by segment, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 13. Global Smart Demand Response Market by region, estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 14. U.S. Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 15. U.S. Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 16. U.S. Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 17. Canada Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 18. Canada Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 19. Canada Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 20. UK Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 21. UK Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 22. UK Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 23. Germany Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 24. Germany Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 25. Germany Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 26. RoE Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 27. RoE Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 28. RoE Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 29. China Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 30. China Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 31. China Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 32. India Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 33. India Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 34. India Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 35. Japan Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 36. Japan Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 37. Japan Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 38. RoAPAC Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 39. RoAPAC Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 40. RoAPAC Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 41. Brazil Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 42. Brazil Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 43. Brazil Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 44. Mexico Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 45. Mexico Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 46. Mexico Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 47. RoLA Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 48. RoLA Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 49. RoLA Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 50. Row Smart Demand Response Market estimates & forecasts, 2018-2028 (USD Billion)
  • TABLE 51. Row Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 52. Row Smart Demand Response Market estimates & forecasts by segment 2018-2028 (USD Billion)
  • TABLE 53. List of secondary sources, used in the study of global Smart Demand Response Market
  • TABLE 54. List of primary sources, used in the study of global Smart Demand Response Market
  • TABLE 55. Years considered for the study
  • TABLE 56. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Smart Demand Response Market, research methodology
  • FIG 2. Global Smart Demand Response Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Smart Demand Response Market, key trends 2021
  • FIG 5. Global Smart Demand Response Market, growth prospects 2022-2028
  • FIG 6. Global Smart Demand Response Market, porters 5 force model
  • FIG 7. Global Smart Demand Response Market, pest analysis
  • FIG 8. Global Smart Demand Response Market, value chain analysis
  • FIG 9. Global Smart Demand Response Market by segment, 2018 & 2028 (USD Billion)
  • FIG 10. Global Smart Demand Response Market by segment, 2018 & 2028 (USD Billion)
  • FIG 11. Global Smart Demand Response Market by segment, 2018 & 2028 (USD Billion)
  • FIG 12. Global Smart Demand Response Market by segment, 2018 & 2028 (USD Billion)
  • FIG 13. Global Smart Demand Response Market by segment, 2018 & 2028 (USD Billion)
  • FIG 14. Global Smart Demand Response Market, regional snapshot 2018 & 2028
  • FIG 15. North America Smart Demand Response Market 2018 & 2028 (USD Billion)
  • FIG 16. Europe Smart Demand Response Market 2018 & 2028 (USD Billion)
  • FIG 17. Asia pacific Market 2018 & 2028 (USD Billion)
  • FIG 18. Latin America Smart Demand Response Market 2018 & 2028 (USD Billion)
  • FIG 19. Global Smart Demand Response Market, company Market share analysis (2021)
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