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Market Research Report

Demand Response Management Systems (DRMS)

Published by Global Industry Analysts, Inc. Product code 352668
Published Content info 142 Pages
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Demand Response Management Systems (DRMS)
Published: February 1, 2020 Content info: 142 Pages
Description

Demand Response Management Systems (DRMS) market worldwide is projected to grow by US$8.3 Billion, driven by a compounded growth of 17.2%. Industrial, one of the segments analyzed and sized in this study, displays the potential to grow at over 16.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$6.7 Billion by the year 2025, Industrial will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 18.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$323 Million to the region's size and clout in the next 5 to 6 years. Over US$396.8 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Industrial will reach a market size of US$499.1 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.9% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

  • ABB Limited
  • Accenture plc
  • Aclara Technologies LLC
  • Ameresco, Inc.
  • AutoGrid Systems, Inc.
  • Comverge Inc.
  • CPower, Inc.
  • EnerNOC, Inc.
  • General Electric Company
  • Honeywell International, Inc.
  • Elster Group SE
  • Itron, Inc.
  • Silver Spring Networks, Inc.
  • Johnson Controls International Plc
  • Landis+Gyr AG
  • Lockheed Martin Corporation
  • NRG Energy, Inc.
  • Open Access Technology International, Inc. (OATI)
  • OPOWER, Inc.
  • Schneider Electric S.E.
  • Siemens AG
  • Tantalus Systems Corp.
  • Trilliant Holdings, Inc.

Table of Contents
Product Code: MCP-7995

TABLE OF CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Demand Response: An Essential Tool for Supporting Economic, Eco-Friendly and Efficient Optimization of Power Generation and Distribution
  • Growth Drivers in a Nutshell
  • Recent Market Activity
  • 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
  • Favorable Policy Changes and Expanding Renewables Portfolio Drives Growth in Europe
  • Asia-Pacific to Turbo Charge Current and Future Market Growth
  • Pockets of Growth Emerging in the Middle East,Latin America, and Africa
  • Global Competitor Market Shares
  • Demand Response Management Systems (DRMS) Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT 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)

3. MARKET TRENDS & 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
  • 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
  • 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
  • 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
  • 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

4. GLOBAL MARKET PERSPECTIVE

  • TABLE 1: Demand Response Management Systems (DRMS) Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025
  • TABLE 2: Demand Response Management Systems (DRMS) Market Share Shift across Key Geographies Worldwide: 2019 VS 2025
  • TABLE 3: Industrial (Sector) World Market by Region/Country in US$ Thousand: 2018 to 2025
  • TABLE 4: Industrial (Sector) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025
  • TABLE 5: Residential (Sector) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025
  • TABLE 6: Residential (Sector) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025
  • TABLE 7: Commercial (Sector) Geographic Market Spread Worldwide in US$ Thousand: 2018 to 2025
  • TABLE 8: Commercial (Sector) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025
  • TABLE 9: Conventional (Technology Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2018 to 2025
  • TABLE 10: Conventional (Technology Type) Market Share Breakdown by Region/Country: 2019 VS 2025
  • TABLE 11: Automated (Technology Type) World Market by Region/Country in US$ Thousand: 2018 to 2025
  • TABLE 12: Automated (Technology Type) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025
  • TABLE 13: Hardware (Component) World Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018 to 2025
  • TABLE 14: Hardware (Component) Market Percentage Share Distribution by Region/Country: 2019 VS 2025
  • TABLE 15: Software (Component) Market Opportunity Analysis Worldwide in US$ Thousand by Region/Country: 2018 to 2025
  • TABLE 16: Software (Component) Market Share Distribution in Percentage by Region/Country: 2019 VS 2025
  • TABLE 17: Services (Component) World Market by Region/Country in US$ Thousand: 2018 to 2025
  • TABLE 18: Services (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025

III. MARKET ANALYSIS

  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
    • Market Facts & Figures
    • US Demand Response Management Systems (DRMS) Market Share (in %) by Company: 2020 & 2025
    • Market Analytics
    • TABLE 19: United States Demand Response Management Systems (DRMS) Market Estimates and Projections in US$ Thousand by Sector: 2018 to 2025
    • TABLE 20: United States Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2019 VS 2025
    • TABLE 21: United States Demand Response Management Systems (DRMS) Market Estimates and Projections in US$ Thousand by Technology Type: 2018 to 2025
    • TABLE 22: United States Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2019 VS 2025
    • TABLE 23: United States Demand Response Management Systems (DRMS) Market Estimates and Projections in US$ Thousand by Component: 2018 to 2025
    • TABLE 24: United States Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2019 VS 2025
  • CANADA
    • TABLE 25: Canadian Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2018 to 2025
    • TABLE 26: Demand Response Management Systems (DRMS) Market in Canada: Percentage Share Breakdown of Sales by Sector for 2019 and 2025
    • TABLE 27: Canadian Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2018 to 2025
    • TABLE 28: Demand Response Management Systems (DRMS) Market in Canada: Percentage Share Breakdown of Sales by Technology Type for 2019 and 2025
    • TABLE 29: Canadian Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2018 to 2025
    • TABLE 30: Demand Response Management Systems (DRMS) Market in Canada: Percentage Share Breakdown of Sales by Component for 2019 and 2025
  • JAPAN
    • TABLE 31: Japanese Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Sector for the Period 2018-2025
    • TABLE 32: Japanese Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2019 VS 2025
    • TABLE 33: Japanese Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Technology Type for the Period 2018-2025
    • TABLE 34: Japanese Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2019 VS 2025
    • TABLE 35: Japanese Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Component for the Period 2018-2025
    • TABLE 36: Japanese Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2019 VS 2025
  • CHINA
    • TABLE 37: Chinese Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Sector for the Period 2018-2025
    • TABLE 38: Chinese Demand Response Management Systems (DRMS) Market by Sector: Percentage Breakdown of Sales for 2019 and 2025
    • TABLE 39: Chinese Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Technology Type for the Period 2018-2025
    • TABLE 40: Chinese Demand Response Management Systems (DRMS) Market by Technology Type: Percentage Breakdown of Sales for 2019 and 2025
    • TABLE 41: Chinese Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Component for the Period 2018-2025
    • TABLE 42: Chinese Demand Response Management Systems (DRMS) Market by Component: Percentage Breakdown of Sales for 2019 and 2025
  • EUROPE
    • Market Facts & Figures
    • European Demand Response Management Systems (DRMS) Market: Competitor Market Share Scenario (in %) for 2020 & 2025
    • Market Analytics
    • TABLE 43: European Demand Response Management Systems (DRMS) Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
    • TABLE 44: European Demand Response Management Systems (DRMS) Market Share Shift by Region/Country: 2019 VS 2025
    • TABLE 45: European Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2018-2025
    • TABLE 46: European Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2019 VS 2025
    • TABLE 47: European Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2018-2025
    • TABLE 48: European Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2019 VS 2025
    • TABLE 49: European Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2018-2025
    • TABLE 50: European Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2019 VS 2025
  • FRANCE
    • TABLE 51: Demand Response Management Systems (DRMS) Market in France by Sector: Estimates and Projections in US$ Thousand for the Period 2018-2025
    • TABLE 52: French Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2019 VS 2025
    • TABLE 53: Demand Response Management Systems (DRMS) Market in France by Technology Type: Estimates and Projections in US$ Thousand for the Period 2018-2025
    • TABLE 54: French Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2019 VS 2025
    • TABLE 55: Demand Response Management Systems (DRMS) Market in France by Component: Estimates and Projections in US$ Thousand for the Period 2018-2025
    • TABLE 56: French Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2019 VS 2025
  • GERMANY
    • TABLE 57: Demand Response Management Systems (DRMS) Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Sector for the Period 2018-2025
    • TABLE 58: German Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2019 VS 2025
    • TABLE 59: Demand Response Management Systems (DRMS) Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Technology Type for the Period 2018-2025
    • TABLE 60: German Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2019 VS 2025
    • TABLE 61: Demand Response Management Systems (DRMS) Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Component for the Period 2018-2025
    • TABLE 62: German Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2019 VS 2025
  • ITALY
    • TABLE 63: Italian Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Sector for the Period 2018-2025
    • TABLE 64: Italian Demand Response Management Systems (DRMS) Market by Sector: Percentage Breakdown of Sales for 2019 and 2025
    • TABLE 65: Italian Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Technology Type for the Period 2018-2025
    • TABLE 66: Italian Demand Response Management Systems (DRMS) Market by Technology Type: Percentage Breakdown of Sales for 2019 and 2025
    • TABLE 67: Italian Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Component for the Period 2018-2025
    • TABLE 68: Italian Demand Response Management Systems (DRMS) Market by Component: Percentage Breakdown of Sales for 2019 and 2025
  • UNITED KINGDOM
    • TABLE 69: United Kingdom Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Sector for the Period 2018-2025
    • TABLE 70: United Kingdom Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2019 VS 2025
    • TABLE 71: United Kingdom Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Technology Type for the Period 2018-2025
    • TABLE 72: United Kingdom Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2019 VS 2025
    • TABLE 73: United Kingdom Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Component for the Period 2018-2025
    • TABLE 74: United Kingdom Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2019 VS 2025
  • REST OF EUROPE
    • TABLE 75: Rest of Europe Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2018-2025
    • TABLE 76: Rest of Europe Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2019 VS 2025
    • TABLE 77: Rest of Europe Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2018-2025
    • TABLE 78: Rest of Europe Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2019 VS 2025
    • TABLE 79: Rest of Europe Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2018-2025
    • TABLE 80: Rest of Europe Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2019 VS 2025
  • ASIA-PACIFIC
    • TABLE 81: Demand Response Management Systems (DRMS) Market in Asia-Pacific by Sector: Estimates and Projections in US$ Thousand for the Period 2018-2025
    • TABLE 82: Asia-Pacific Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2019 VS 2025
    • TABLE 83: Demand Response Management Systems (DRMS) Market in Asia-Pacific by Technology Type: Estimates and Projections in US$ Thousand for the Period 2018-2025
    • TABLE 84: Asia-Pacific Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2019 VS 2025
    • TABLE 85: Demand Response Management Systems (DRMS) Market in Asia-Pacific by Component: Estimates and Projections in US$ Thousand for the Period 2018-2025
    • TABLE 86: Asia-Pacific Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2019 VS 2025
  • REST OF WORLD
    • TABLE 87: Rest of World Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2018 to 2025
    • TABLE 88: Demand Response Management Systems (DRMS) Market in Rest of World: Percentage Share Breakdown of Sales by Sector for 2019 and 2025
    • TABLE 89: Rest of World Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2018 to 2025
    • TABLE 90: Demand Response Management Systems (DRMS) Market in Rest of World: Percentage Share Breakdown of Sales by Technology Type for 2019 and 2025
    • TABLE 91: Rest of World Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2018 to 2025
    • TABLE 92: Demand Response Management Systems (DRMS) Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2019 and 2025

IV. COMPETITION

  • Total Companies Profiled: 70
  • DEMAND RESPONSE MANAGEMENT SYSTEMS (DRMS) MCP-7995
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