Global Demand Response Management Systems (DRMS) Market Estimates & Forecasts 2015-2024

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Sep 18, 2018, 17:30 ET

DUBLIN, Sept. 18, 2018 /PRNewswire/ --

The "Demand Response Management Systems (DRMS) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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. 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 profiles 70 companies including many key and niche players such as:

Key Topics Covered:

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 Cohowmpany (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)

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
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

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
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. 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

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

By Sector
By Technology Type
By Component

7. REGIONAL MARKET PERSPECTIVE

7.1 The United States
A. Market Analysis
Huge Cost Savings Offered by Advanced DR Programs Drive Healthy Market Growth
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

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

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

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

8. COMPANY PROFILES

Total Companies Profiled: 70 (including Divisions/Subsidiaries - 80)

The United States (58)
Canada (2)
Japan (1)
Europe (17)

France (4)
Germany (2)
The United Kingdom (3)
Rest of Europe (8)

Asia-Pacific (Excluding Japan) (1)
Middle East (1)

For more information about this report visit

https://www.researchandmarkets.com/research/fq3wng/global_demand?w=5

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