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Market Research Report

Demand Response Management Systems (DRMS)

Published by Global Industry Analysts, Inc. Product code 352668
Published Content info 298 Pages
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Demand Response Management Systems (DRMS)
Published: August 1, 2018 Content info: 298 Pages
Description

This report analyzes the worldwide markets for Demand Response Management Systems (DRMS) in US$ Thousand. The Global market is further analyzed by the following Sectors, Technology Types, and Components - Sectors: Commercial, Industrial, and Residential; Types: Automated, and Conventional; Components: Hardware, Software, and Services. The report provides separate comprehensive analytics for the US, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2024. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 70 companies including many key and niche players such as -

ABB Limited
Accenture plc
Aclara Technologies LLC
Ameresco, Inc.
AutoGrid Systems, Inc.
Comverge Inc.

Table of Contents
Product Code: MCP-7995

Table of Contents

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

  • Study Reliability and Reporting Limitations
  • Data Interpretation & Reporting Level
  • Quantitative Techniques & Analytics
  • Product Definition and Scope of Study

2. INDUSTRY OVERVIEW

  • Demand Response: An Essential Tool for Supporting Economic, Eco-Friendly and Efficient Optimization of Power Generation and Distribution
  • Growth Drivers in a Nutshell
  • Technology Disruptions in the Global Electric Power Industry: The Fundamental Growth Driver
  • Next-Generation Technology to Favor Energy Saving & Efficiency Efforts
  • Demand Response Garners Increasing Significance
  • Myriad Economic and Operational Benefits Drive Widespread Market Adoption
  • ADR Programs: Benefits
    • Important Considerations for Implementing ADR Programs
  • Global Market Outlook
  • The United States Dominates the Global Demand Response Market
    • Table 1: Global Demand Response Management Systems (DRMS) Market (2018E): Value Market Shares of Developed Regions/Countries (includes corresponding Graph/Chart)
  • Favorable Policy Changes and Expanding Renewables Portfolio Drives Growth in Europe
  • Asia-Pacific to Turbo Charge Current and Future Market Growth
    • Table 2: Global Demand Response Management Systems (DRMS) Market - Geographic Regions Ranked by Value CAGR for 2015-2024: Asia-Pacific, Europe, Rest of World, and USA (includes corresponding Graph/Chart)
  • Pockets of Growth Emerging in the Middle East, Latin America, and Africa

3. MARKET TRENDS, ISSUES & DRIVERS

  • Need for Newer DR Models for Replacing Manual Energy Curtailments Drive Strong Demand for Auto-DR (ADR) Technologies
  • Advanced Demand Response 3.0: The Future of DR
  • DR 1.0 to DR 3.0: Tracing the Progression of DR
  • Integration of Internet of Things (IoT) with Demand Response Drive the Evolution of Connected Utilities
  • Sub-Greedient: The IoT-Based DR Approach
  • Growing Prominence of Smart Homes and Smart Cities of the Future Necessitates Adoption of DRMS
    • Table 3: Global Spending on Smart City Infrastructure by End-use (2017 & 2020): Breakdown of Spend (Hardware, Software, and Services) in US$ Million for Buildings & Homes, Education, Industry Automation, Power Supply, Security, and Others (includes corresponding Graph/Chart)
    • Table 4: Number of Smart Cities Worldwide (2013-2020) (includes corresponding Graph/Chart)
    • Table 5: Number of Smart Cities Worldwide by Geographic Region (2025) (includes corresponding Graph/Chart)
    • Table 6: Number of Smart Homes Worldwide (in 000 Households) by Select Country for the Years 2015 & 2020 (includes corresponding Graph/Chart)
  • Integration of Smart Buildings into Smart Grids Using ADR
  • Growing Use of Big Data Analytics by Utilities Benefit Prospects for Analytical and Behavioral DSM
  • DR Offers Immense Potential in Curtailing Unnecessary Expenditure on New Distribution Grid Infrastructure
  • Enhancing Profitability of DR on the Small-Scale
  • Surging Demand for DRMS from Electric Utilities Worldwide Benefit Market Expansion
  • Ever Changing Electricity Demand Dynamics Compel Utilities to Adopt DRMS
    • Key Energy Trends
    • Table 7: Global Energy Consumption (Billion Toe): Growth Trajectory for the Period 1995-2035 (includes corresponding Graph/Chart)
    • Table 8: Global Electricity Demand by Region/ Country (2016-2040): Breakdown of Demand (Thousand TWh) for Australia, Brazil, Canada, China, Europe, India, Japan, Middle East & North Africa, South East Asia, USA, and Rest of World (includes corresponding Graph/Chart)
    • Table 9: Global Delivered Energy Consumption (Billion Toe) by End-use Sector (2005, 2015, 2025, and 2035) (includes corresponding Graph/Chart)
  • Utility and Grid Operator Leverage DR Resources for Stabilizing Electricity Supply
  • DR Reduces Investment into New Power Generation and Grid Infrastructure
  • DR Provides Opportunities for Differentiation in Service Offerings
  • DR Ropes in Consumers into the Power Price Formation Process
  • DR Innovations & Advancements: Spearheading Market Growth
  • Innovative Demand Response and Power Management Concept
  • Smart Thermostats and BYOT DR Programs
  • Behind-the-Meter Batteries to Find Application in Demand Response
  • Cloud Computing and Big Data Analytics: Key Game Changers for the DR Market
    • OPower's Device Agnostic Cloud Based Behavioral Demand Response (BDR) Service
  • Attractive Incentives for Electricity-usage Curtailments Drive Strong Penetration in Industrial, Commercial, and Residential Sectors
  • Demand for Commercial and Industrial (C&I) Demand Response (DR) Register Robust Growth
    • Commercial Buildings Offer Huge Untapped Market Potential for Demand Response
  • Residential Sector to Exhibit Fastest Growth in the Near Term
  • Stringent Government Carbon and Climate-Change Policies and Laws Benefit DRMS Deployments
  • The Inevitable Shift to Intermittent Renewable Sources of Energy Drives Demand for DRMS
    • Table 10: World Energy Production (In Billion Kilowatt Hours) by Energy Source for the Years 2017, 2020, 2030 and 2040 (includes corresponding Graph/Chart)
    • Table 11: Global Energy Investments by Technology: Breakdown of New Power Generating Capacity Investments (US$ Billion) over the Period 2017-2040 for Wind, Solar, Nuclear, Hydro, Gas, and Coal (includes corresponding Graph/Chart)
    • Table 12: Renewable Power's Share (%) in Global Power Capacity and Global Power Generation: 2007-2017 (includes corresponding Graph/Chart)
  • DRMS Remain a Vital Computing Platform for Enhancing Operation of Smart Grids
  • Smart Grid Landscape: List of Components & Systems for Power T&D Infrastructure, Communication Network, and Computing Platform
    • Table 13: Global Investments in Smart Grids (In US$ Billion) for the Years 2013, 2017, and 2020 (includes corresponding Graph/Chart)
  • Increasing Establishment of Microgrids to Spur Demand for DRMS
  • Multiple Benefits Drive Increasing Participation of Load Aggregators in the DR Market
  • Load Aggregators Enable Effective Matching of Customer Requirements and Utility Capability
  • Reduce Performance Risk
  • Customer Education and Training
  • Development of Open Standards Critical for Boosting DR Adoption
  • Favorable Demographic & Urbanization Trends Strengthen Market Prospects
    • Table 14: World Population by Geographic Region (2000-2050) (in Millions) (includes corresponding Graph/Chart)
    • Table 15: Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart)

4. DEMAND RESPONSE OVERVIEW

  • Demand Response Management Systems (DRMS): A Prelude
  • Primary Objectives of Demand Response
  • DR Measures Differs from Energy Efficiency and Dynamic Demand Activities
  • Approaches to Implement Demand Response Programs
  • Classification of Demand Response Programs
  • Energy and Capacity Programs
    • Direct Load Control
    • Interruptible Loads
    • Demand 'Bidding' or 'Buy-back'
  • Emergency/Standby Demand Response Program
  • Economic DR Programs or Price-based DR Programs
    • Types of Price-based Demand Response Programs
  • Ancillary Services Programs
    • Types of Ancillary Services
  • Key Components/Technologies Enabling Demand Response
  • Metering Solutions
  • Load Control Hardware
  • Dispatching Notices and Monitoring Compliance
  • Smart Meters and AMI

5. COMPETITIVE LANDSCAPE

  • Leading DR Incentive Program Providers Globally & their DR Resources
  • EnerNOC
  • Honeywell
  • Eaton
  • CPower
  • Siemens
  • Comverge
  • Demand Response and Energy Efficiency Initiatives Attract Higher Funding
  • 5.1 Focus on Select Global Players
  • ABB Limited (Switzerland)
  • Accenture plc (Ireland)
  • Aclara Technologies LLC (USA)
  • Ameresco, Inc. (USA)
  • AutoGrid Systems, Inc. (USA)
  • Comverge Inc. (USA)
  • CPower, Inc. (USA)
  • Direct Energy, LP (USA)
  • DXC Technology Company (USA)
  • Eaton Corporation plc (Ireland)
  • Cooper Industries plc (Ireland)
  • EnerNOC, Inc. (USA)
  • General Electric Company (USA)
  • Honeywell International, Inc. (USA)
  • Elster Group SE (Germany)
  • Itron, Inc. (USA)
  • Silver Spring Networks, Inc. (USA)
  • Johnson Controls International Plc (Ireland)
  • Landis+Gyr AG (Switzerland)
  • Lockheed Martin Corporation (USA)
  • Nexant, Inc. (USA)
  • NRG Energy, Inc. (USA)
  • Open Access Technology International, Inc. (OATI) (USA)
  • OPOWER, Inc. (USA)
  • Schneider Electric S.E. (France)
  • Siemens AG (Germany)
  • Tantalus Systems Corp. (Canada)
  • Trilliant Holdings, Inc. (USA)
  • 5.2 Product Introductions
  • SRP Rolls Out New Bring Your Own Thermostat (BYOT) Program
  • NEDO and Daikin Completes ADR Demonstration System in Portugal
  • ISO New England Launches a PRD Structure
  • OPEN ENERGI Launches Dynamic Demand 2.0 Platform
  • 5.3 Recent Industry Activity
  • Honda Partners with eMotorWerks to Offer Fit Electric Vehicle (EV)
  • Leap Supplies 90 MW of Demand Response Capacity to Investor-owned Utilities
  • Enel Signs an Agreement with Glenwood to Provide DR Services
  • Hubbell Acquires Aclara
  • Demand Energy and EnerNOC Enter into Merger
  • Itron Acquires Silver Spring Networks
  • Trivest Acquires NuEnergen
  • Centrica Acquires REstore
  • Itron Extends Contract with SMECO for Demand Response Solutions
  • CPower Contracts with Southern California Edison to Provide 35 MWs of DR Capacity
  • EnerNOC Secures 50 MW DR Contract with ARENA and NSW
  • Tantalus Acquires Energate
  • Stem Partners with CPower to Deliver Demand-Side Energy Solution
  • Enel Group Acquires EnerNOC
  • CPower Acquires eCap Network
  • Energy Pool Partners with TEPCO Energy to Deploy ADR Services in Japan
  • Itron Acquires Comverge
  • National Grid Selects AutoGrid to Unify Management of (DR) and (DER) Programs
  • CSC and HP's Enterprise Services Division Merges to Form DXC Technology
  • Ormat Acquires Viridity Energy
  • EnerNOC Signs Four Year DR Contract with FirstEnergy

6. GLOBAL MARKET PERSPECTIVE

    • Table 16: World Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) by Geographic Region - US, Europe, Asia-Pacific, and Rest of World Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
    • Table 17: World 10-Year Perspective for Demand Response Management Systems (DRMS) by Geographic Region - Percentage Share Breakdown of Annual Revenues for US, Europe, Asia-Pacific, and Rest of World Markets for Years 2015, 2018 and 2024 (includes corresponding Graph/Chart)
  • By Sector
    • Table 18: World Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) by Sector - Commercial, Industrial and Residential Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
    • Table 19: World 10-Year Perspective for Demand Response Management Systems (DRMS) by Sector - Percentage Share Breakdown of Annual Revenues for Commercial, Industrial and Residential Markets for Years 2015, 2018 and 2024 (includes corresponding Graph/Chart)
  • By Technology Type
    • Table 20: World Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) by Technology Type - Automated and Conventional Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
    • Table 21: World 10-Year Perspective for Demand Response Management Systems (DRMS) by Technology Type - Percentage Share Breakdown of Annual Revenues for Automated and Conventional Markets for Years 2015, 2018 and 2024 (includes corresponding Graph/Chart)
  • By Component
    • Table 22: World Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) by Component - Hardware, Software, and Services Markets Independently Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
    • Table 23: World 10-Year Perspective for Demand Response Management Systems (DRMS) by Component - Percentage Share Breakdown of Annual Revenues for Hardware, Software, and Services Markets for Years 2015, 2018 and 2024 (includes corresponding Graph/Chart)

7. REGIONAL MARKET PERSPECTIVE

  • 7.1 The United States
  • A. Market Analysis
    • Huge Cost Savings Offered by Advanced DR Programs Drive Healthy Market Growth
    • Table 24: AMI Usage Pattern Rates among US Utilities (2017) (includes corresponding Graph/Chart)
    • Major DR Trends & Drivers Summarized
      • Increasing Significance of BDR
      • Maturing of Domestic Energy Management Systems
      • Increasing Importance of Big Data Management
      • Disruptive Competition from Retailers
      • EVs to Emerge as a Viable Alternative
      • Growing Influence of Millennials
      • Residential Consumers to Play an Increasingly Important Role
      • DER Aggregation to Increase
      • Increasing Relevance of Third Party Service Providers
    • Surging Popularity of Smart Thermostats with DR Strategies Benefit Market Adoption
      • Evolution of Smart Thermostats
      • Types of Smart Thermostat-DR Programs
      • Fast Evolving Smart Thermostats Market
      • The Many Challenges
      • Opportunities Galore for Software Platform Developers
      • Opportunities for Smart Thermostat Vendors
    • Need to Save Electricity during High Demand Periods Drive DRMS Deployments
    • Steady Electric Vehicles Penetration Drive Demand for Managed Charging
    • US Utilities' Reliance on Conventional DR Initiatives Increases
      • US Utilities Adopt Demand Response Initiatives to Balance Energy Supply and Demand Situation
    • Smarter Attributes of DR 2.0 over Traditional DR Program Drive Robust Demand
      • DR 2.0 Program: A Part of Emerging Transactive Power Market
    • Operators Switch to Aggregated Distributed Energy Resources (DERs) for Enhanced Reliability
      • MISO
      • CAISO
      • PJM
      • ERCOT
    • US DR Market Makes Major Strides Driven by Favorable Policy Development
    • Smart Grid Initiatives and Increase in AMI Installations Provides the Perfect Platform for DR Adoption
      • Role of DR Expands, to Attain Mainstream Status from a Niche Offering
      • DER-as-DR
      • Two-Way Devices Hold Immense Potential
    • Aging Grid Infrastructure Augments Utility Distribution Spending, Augurs Well for the DRMS Market
      • DR Management System Providers to Lead Growth
      • PRD Offers Promise
    • Energy Storage and DR Offer Huge Market Growth Potential
      • Demand Response Remains Underutilized
      • Increasing Focus on Renewables and Natural Disasters: A Strong Business Case for DR
      • Noteworthy Utility and Industrial DR Deployment Initiatives for Balancing Intermittent Renewables
    • DR Market to Significantly Benefit from Grid Modernization Initiatives
    • Demand Response: A Major Component of the Future Energy Cloud in the US
    • FERC Order 745 and Supreme Court Rulings: Market Implications
      • Future Prospects of the DR Market in View of the Ruling on FERC Order
    • DR Ecosystem Continues to Expand
      • Major DR Aggregators in the US
      • Major Utilities Offering DR Resources in the US
  • B. Market Analytics
    • Table 25: US Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
  • 7.2 Europe
  • A. Market Analysis
    • Growing Interest in Energy Sustainability Drives Demand for DRMS
      • Significance of Demand Response
      • Opportunities Galore for DR Providers in Capacity Markets and Primary Reserves Markets
    • Industrial, Commercial, and Residential Consumers Offer Huge Untapped Growth Potential
      • Smart Metering and Home Automation: Important Enablers of DR
      • Key Regulatory Roadblocks to Implementation of Demand Response in Europe
      • DR Aggregators to Play a Critical Role in the European Market
      • Demand Response Aggregators in Europe Focus Mostly on Industrial Customers
    • Favorable Demand Scenario Provides Expansion Opportunities for Vendors
    • Regulatory Framework for Demand Response in the European Union
      • Current State of Regulatory Framework for DR
      • 2009/72/EC - The Electricity Directive
      • 2012/27/EU - The Energy Efficiency Directive
      • ENTSO-E Network Codes
      • Energy and Environment Guidelines at the State Level in European Union
    • Select Regional Markets Summarized
      • Austria
      • Belgium
      • Denmark
      • Finland
      • France
      • Ireland
      • Italy
      • Germany
      • Norway
      • Poland
      • Spain
      • Sweden
      • Switzerland
      • The Netherlands
      • The United Kingdom
      • UK's STOR Programs Losing Appeal
      • Turkey
  • B. Market Analytics
    • Table 26: European Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
  • 7.3 Asia-Pacific
  • A. Market Analysis
    • Select Regional Markets Summarized
      • Limited Generation Drives Japan to Focus on Demand Side Management
      • Chinese Government Eyes Demand Side Management as Part of Power Sector Reforms
      • Pilot DR in China
      • Demand Response to Witness Widespread Adoption in Australian Wholesale Market
      • Major Challenges Impeding Adoption of Demand Response in India
  • B. Market Analytics
    • Table 27: Asia-Pacific Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)
  • 7.4 Rest of World
  • A. Market Analysis
    • Select Markets Summarized
      • Strong Potential for Demand Response in Canada
      • Rising Investment into Power Sector to Drive DR Market in Latin America
      • Industrialization and Government Initiatives to Fuel DR Demand in Middle East & Africa
  • B. Market Analytics
    • Table 28: Rest of World Recent Past, Current and Future Analysis for Demand Response Management Systems (DRMS) Market Analyzed with Annual Revenues in US$ Thousand for Years 2015 through 2024 (includes corresponding Graph/Chart)

8. COMPANY PROFILES

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