Asia-Pacific Demand Response Market, Growth Opportunities & Forecast 2018-2025: Actual Accumulated Demand Response Resources to Cross 30GW by 2025

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Jul 18, 2018, 19:00 ET

DUBLIN, July 18, 2018 /PRNewswire/ --

The "Growth Opportunities in the Asia-Pacific Demand Response Market, Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific demand response market is in the growing stage with countries such as South Korea, Japan, and New Zealand in the forefront.

The liberalization of electricity markets and increasing distributed energy resources have a major role in driving the growth of demand response. However, lack of standardized procedures and absence of incentives deter the market growth in most countries in the region. Australia and Singapore are other notable countries that are aiming to establish an effective DR system in the electricity markets. Countries such as Japan, Australia, and Singapore are still testing the impacts and feasibility of demand response.

However, after 2020, the market is expected to grow strongly with the introduction of demand response for ancillary services in the power sector. Liberalization of the electricity sector is a major drive for demand response market in the region. Besides, aggregation of distributed resources, energy storage system installations are offering opportunities for demands response. Most countries in the region are testing trialing demand response to understand the economic benefits of it to evaluate the necessary incentives to be proposed to promote customer participation. Demand response requires interoperability of DRMS, connected appliances or equipment, network operation center, and so on.

This requires these components to be standardized to ensure effective communication between them. Lack of standardization hinders proper adoption of the technology and deters demand response growth. Key Asia-Pacific markets include South Korea, Japan, Australia, and Singapore. South Korea is leading the path with 3.88 GW in 2017. Emergency demand response constitutes the majority (approximately 70%) of the total demand response market. The Japanese, Australian, and Singaporean markets operate primarily in this model. Implicit DR pricing models can be expected to become popular during the next 5 years.

With the integration of more resources under DR aggregation model, cloud-based DR or SaaS model is expected to become popular. This would make the integration of residential resources to the cloud much easier. Besides, DR emerges as a secondary revenue model for energy storage systems, which were installed for power quality improvement, renewable energy fluctuation mitigation, and so on.

Key Issues Addressed:

Do current technologies meet the demand response needs or are additional development needed?
Which are the key geographical hotspots for demand response market?
What trends can be expected in the market during the next 5-8 years?
Which are the major companies active in the demand response market?
What are the emerging business models in the demand response market?

Key Topics Covered:
1. Executive Dashboard

Purpose of this Experiential Study
5 Step Process to Transformational Growth
Executive Summary-Key Findings
Strategic Imperatives for Suppliers

2. Growth Environment-Market Overview

Geographic Scope and Exchange Rates
Market Overview-Definition
Questions Addressed in the Study
Market Overview-Classification of DR
Market Overview-Customer Segmentation
Market Overview-Energy-efficiency Targets
Market Overview-Factors Leading to DR
Market Attractiveness
Drivers and Restraints
Drivers Explained
Restraints Explained

3. Market Forecast

Forecast Assumptions
Revenue Forecast -Total DR Market
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Competitive Analysis-DR Service Providers
Competitive Analysis-DR Software Solution
Competitive Analysis-Capability Matrix
Business Models-Virtual Power Plant (VPP) Model
Business Models-Global Hotspots

4. Visioning Scenarios

Macro to Micro Visioning
Trends /Factors Impacting the DR Market
Top Predictions for the DR Market

5. Growth Pipeline

Growth Pipeline
Levers for Growth

6. Vision and Strategy-Growth Opportunities

Growth Opportunity 1-Liberalization of Electricity Market
Growth Opportunity 2-Intelligent Energy Devices, Data Analytics, and Cloud Platform
Growth Opportunity 3-Shrinking Reserve Margin
Growth Opportunity 4-Energy Storage Systems and VPP Model
Growth Opportunity 5-Vehicle-to-Grid (V2G) Application with DR

7. Growth Opportunities Matrix

Identifying Your Company's Growth Zone
Growth Opportunities 1-5-Vision and Strategy - Rate Relevance vs. Internal Capabilities for Your Company
Growth Opportunities Matrix - Develop this Matrix for Your Company

8. Growth Strategy and Implementation

Growth Strategies for Your Company
Prioritized Opportunities through Implementation

9. Appendix

Companies Mentioned

EnerNOC
Comverge
EnergyPool
Fuji Electric
Byuksan Power
ABB

For more information about this report visit https://www.researchandmarkets.com/research/73vn7x/growth?w=5

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