HOME Top Market Reports Demand Response Management System (DRMS) Market [C&I, Residential, Automated DR, Curtailment Services, System Integration and Consulting, Managed Services, Devices] - Worldwide Market Forecasts and Analysis (2014-2019)

Demand Response Management System (DRMS) Market [C&I, Residential, Automated DR, Curtailment Services, System Integration and Consulting, Managed Services, Devices] - Worldwide Market Forecasts and Analysis (2014-2019)

By: marketsandmarkets.com
Publishing Date: March 2014
Report Code: TC 2297

 

Enquiry Before Buying
 
purchase report
download pdf  request for customisation


Demand Response Management System (DRMS) is a crucial peak load management tool with considerable benefits in reducing the imbalance between energy supply and demand. Demand Response (DR) and Energy Efficiency (EE) collectively help in Demand Side Management (DSM) of energy that encourages consumers to modify their levels and patterns of electricity consumption while also improving grid reliability. DR and EE programs can defer the need to build highly cost-intensive power plants for electricity generation that are also detrimental to the environment. Demand response management system market combines both price-based and incentive-based options to motivate customers to reduce their energy usage during peak hours.

The DRMS software generally enables utilities to offer highly customized programs for its customers and to review real-time and historical outcome of DR programs to assess their effectiveness. Although utilities and system providers across the globe are mostly focused on Commercial and Industrial customers; mass smart meter rollout in many countries is presenting a strong business case for rolling out residential DR programs. The cost and complexity involved in implementing DR has limited initiatives to generally large investor-owned utilities. However, outsourcing the entire implementation of the program to demand response Service providers and adoption of cloud based DRMS solutions can help utilities in managing the DR programs in a cost-effective manner.

Major vendors in the demand response management system market include companies such as GE, Siemens, Schneider Electric, Johnson Controls, ABB, EnerNOC, and Honeywell. The DRMS market research report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in this market. The report also analyzes market sizes and revenue forecasts across different geographies as well as industry verticals.

Markets Covered

The DRMS research is a comprehensive study of the global market solutions and services. This report forecasts the revenues and trends in the following submarkets:

On the basis of solutions:

  • Commercial and Industrial (C&I) DRMS
  • Residential DRMS
  • Automated DRMS (ADR)

On the basis of devices:

  • Smart Appliances (DR Enabled)
  • Networked Home Energy Management (HEM)
  • Smart Thermostats
  • Load Control (LC) Switches
  • Smart Plugs

On the basis of services:

  • Curtailment Services
  • System Integration and Consulting Services
  • Managed Services

On the basis of verticals:

  • Manufacturing
  • Office and Commercial Buildings
  • Municipal, University, School, and Hospital (MUSH) Systems
  • Power and Energy
  • Agriculture

On the basis of regions:

  • North America (NA)
  • Europe (EU)
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)
  • Latin America (LA)

Customization Options:

Along with the market size analysis on the basis of devices, solutions, services, verticals and regions; customizations can be done on the following parameters:

Country Analysis:

  • Detailed country analysis of DRMS projects.
  • Country wise market size analysis and forecast by various technology solutions.
  • In-depth country wise opportunity plot analysis.

Strategic Analysis:

  • Porter and SWOT analysis of the global market.
  • Demand and supply side analysis.
  • Product matrix analysis.
  • Country level macro factor analysis.
  • Go-to-Market (Market Entry) analysis

Competitive Analysis:

  • Market share analysis (Company/Solution/Region)
  • Company wise portfolio analysis.
  • Market ecosystem analysis.
  • Market intelligence analysis (New product development tracking, M&A analysis, technological development tracking, and benchmarking analysis)
  • Company Analysis (Strategic, operational, and functional analysis)

Table Of Contents
 
1 Introduction (Page No. - 17)
   1.1 Key Take-Aways
   1.2 Report Description
   1.3 Markets Covered
   1.4 Stakeholders
   1.5 Research Methodology
        1.5.1 Key Data Points
        1.5.2 Data Triangulation and Market Forecasting
   1.6 Forecast Assumptions

2 Executive Summary (Page No. - 24)
   2.1 Abstract
   2.2 Overall Market Size

3 Market Overview (Page No. - 27)
   3.1 Market Definition
   3.2 Market Evolution
   3.3 Market Segmentation
   3.4 Market Dynamics
        3.4.1 Drivers
               3.4.1.1 Smart Grid Roll-Outs
               3.4.1.2 Energy Price Volatility
        3.4.2 Challenges
               3.4.2.1 Lack of Mandates
               3.4.2.2 Budgetary Constraints For Utilities
        3.4.3 Opportunities
               3.4.3.1 DRMS on Cloud
               3.4.3.2 Untapped Residential DRMS Market
        3.4.4 Time-Impact Analysis of Dynamics
   3.5 Value Chain

4 Demand Response Management System: Market Size and Forecast By Solutions (Page No. - 34)
   4.1 Introduction
   4.2 Commercial and Industrial DRMS
        4.2.1 Overview
        4.2.2 Market Size and Forecast By Regions
   4.3 Residential DRMS
        4.3.1 Overview
        4.3.2 Market Size and Forecast By Regions
   4.4 Automated DR
        4.4.1 Overview
        4.4.2 Market Size and Forecast By Regions

5 Demand Response Management System: Market Size and Forecast By Devices (Page No. - 46)
   5.1 Introduction
   5.2 Smart Appliances (DR Enabled)
        5.2.1 Overview
        5.2.2 Market Size and Forecast By Regions
   5.3 Networked HEM
        5.3.1 Overview
        5.3.2 Market Size and Forecast By Regions
   5.4 Smart Thermostats
        5.4.1 Overview
        5.4.2 Market Size and Forecast By Regions
   5.5 Load Control Switches
        5.5.1 Overview
        5.5.2 Market Size and Forecast By Regions
   5.6 Smart Plugs
        5.6.1 Overview
        5.6.2 Market Size and Forecast By Regions

6 Demand Response Management System: Market Size and Forecast By Services (Page No. - 60)
   6.1 Introduction
   6.2 Curtailment
        6.2.1 Overview
        6.2.2 Market Size and Forecast By Regions
   6.3 System Integration and Consulting
        6.3.1 Overview
        6.3.2 Market Size and Forecast By Regions
   6.4 Managed Services
        6.4.1 Overview
        6.4.2 Market Size and Forecast By Regions

7 Demand Response Management System: Market Size and Forecast By Verticals (Page No. - 71)
   7.1 Introduction
   7.2 Manufacturing
        7.2.1 Overview
        7.2.2 Market Size and Forecast By Regions
   7.3 office and Commercial Buildings
        7.3.1 Overview
        7.3.2 Market Size and Forecast By Regions
   7.4 Municipal, University, School, and Hospital Systems (MUSH)
        7.4.1 Overview
        7.4.2 Market Size and Forecast By Regions
   7.5 Power and Energy
        7.5.1 Overview
        7.5.2 Market Size and Forecast By Regions
   7.6 Agriculture
        7.6.1 Overview
        7.6.2 Market Size and Forecast By Regions

8 Demand Response Management System: Market Size and Forecast By Region (Page No. - 87)
   8.1 Introduction
        8.1.1 Parfait Charts
   8.2 North America (NA)
        8.2.1 Overview
        8.2.2 Market Size and Forecast By Solutions
        8.2.3 Market Size and Forecast By Services
   8.3 Europe
        8.3.1 Overview
        8.3.2 Market Size and Forecast By Solutions
        8.3.3 Market Size and Forecast By Services
   8.4 Asia Pacific (APAC)
        8.4.1 Overview
        8.4.2 Market Size and Forecast By Solutions
        8.4.3 Market Size and Forecast By Services
   8.5 Middle East and Africa (MEA)
        8.5.1 Overview
        8.5.2 Market Size and Forecast By Solutions
        8.5.3 Market Size and Forecast By Services
   8.6 Latin America (LA)
        8.6.1 Overview
        8.6.2 Market Size and Forecast By Solutions
        8.6.3 Market Size and Forecast By Services

9 Demand Response Management System: Market Landscape (Page No. - 116)
   9.1 Competitive Landscape
        9.1.1 Ecosystem and Roles
        9.1.2 Portfolio Comparison
               9.1.2.1 Overview
               9.1.2.2 Product Category Mapping
   9.2 End-User Landscape
        9.2.1 Market Opportunity Analysis
        9.2.2 End-User Analysis
               9.2.2.1 Energy Indicators
                        9.2.2.1.1 Per Capita Electricity Consumption
                        9.2.2.1.2 Energy Self-Sufficiency

10 Company Profiles (Overview, Products & Services, Strategies & Insights, Newdevelopments& Mnm View)* (Page No. - 121)
   10.1 ABB
   10.2 Comverge, Inc.
   10.3 Eaton Corporation
   10.4 Enernoc
   10.5 General Electric
   10.6 Honeywell
   10.7 Johnson Controls
   10.8 Opower
   10.9 Schneider Electric Sa
   10.1 Siemens Ag

*Details on Overview, Products & Services, Strategies & Insights, New Developments & Mnm View Might Not Be Captured in Case of Unlisted Companies.
 
Appendix (Page No. - 151)
   Vc Funding
   Social Reach


List of Tables (75 Tables)

Table 1 DRMS: Market Size, 2014-2019 ($Billion)
Table 2 DRMS: Market Size, 2014-2019, Y-O-Y (%)
Table 3 Market Size, By Solutions, 2014-2019 ($Billion)
Table 4 Market Size, By Solution, 2014-2019, Y-O-Y (%)
Table 5 C&I DRMS Market Size, By Regions, 2014-2019 ($Billion)
Table 6 C&I Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 7 Residential DRMS Market Size, By Regions, 2014-2019 ($Million)
Table 8 Residential Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 9 ADR Market Size, By Regions, 2014-2019 ($Million)
Table 10 ADR Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 11 Smart Appliances Market, By Shipments, By Region, 2014-2019 (Thousand Units)
Table 12 Networked HEM Market Size, By Regions, 2014-2019 ($Million)
Table 13 Networked HEM Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 14 Smart Thermostats Market Size, By Shipments, By Regions, 2014-2019 (Thousand Units)
Table 15 Smart Thermostats Market Size, By Regions, 2014-2019 ($Million)
Table 16 Smart Thermostats Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 17 LC Switches Market Size, By Shipmnents, By Regions, 2014-2019 (Thousand Units)
Table 18 LC Switches Market Size, By Regions, 2014-2019 ($Million)
Table 19 LC Switches Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 20 Smart Plugs Market Size, By Shipmnets, By Regions, 2014-2019 (Thousand Units)
Table 21 Smart Plugs Market Size, By Regions, 2014-2019 ($Million)
Table 22 Smart Plugs Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 23 Market Size, By Services, 2014-2019 ($Billion)
Table 24 Market Size, By Services, 2014-2019, Y-O-Y (%)
Table 25 Curtailment Market Size, By Regions, 2014-2019 ($Million)
Table 26 Curtailment Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 27 System Integration and Consulting Market Size, By Regions, 2014-2019 ($Million)
Table 28 System Integration and Consulting Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 29 Managed Services Market Size, By Regions, 2014-2019 ($Million)
Table 30 Managed Services Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 31 DRMS Market Size, By Verticals, 2014-2019 ($Billion)
Table 32 Market Size, By Verticals, 2014-2019, Y-O-Y (%)
Table 33 DRMS: Manufacturing Market Size, By Regions, 2014-2019 ($Million)
Table 34 Manufacturing Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 35 Office and Commercial Buildings Market Size, By Regions, 2014-2019 ($Million)
Table 36 Office and Commercial Buildings Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 37 MUSH Market Size, By Regions, 2014-2019 ($Million)
Table 38 MUSH Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 39 Power and Energy Market Size, By Regions, 2014-2019 ($Million)
Table 40 Power and Energy Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 41 Agriculture Market Size, By Regions, 2014-2019 ($Million)
Table 42 Agriculture Market Size, By Regions, 2014-2019, Y-O-Y (%)
Table 43 NA: Market Size, 2014-2019 ($Billion)
Table 44 NA: Market Size, 2014-2019, Y-O-Y (%)
Table 45 NA: Market Size, By Solutions, 2014-2019 ($Million)
Table 46 NA: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Table 47 NA: Market Size, By Services, 2014-2019 ($Million)
Table 48 NA: Market Size, By Services, 2014-2019, Y-O-Y (%)
Table 49 Europe: Market Size, 2014-2019 ($Billion)
Table 50 Europe: Market Size, 2014-2019, Y-O-Y (%)
Table 51 Europe: Market Size, By Solutions, 2014-2019 ($Million)
Table 52 Europe: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Table 53 Europe: Market Size, By Services, 2014-2019 ($Million)
Table 54 Europe: Market Size, By Services, 2014-2019, Y-O-Y (%)
Table 55 APAC: Market Size, 2014-2019 ($Billion)
Table 56 APAC: Market Size, 2014-2019, Y-O-Y (%)
Table 57 APAC: Market Size, By Solutions, 2014-2019 ($Million)
Table 58 APAC: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Table 59 APAC: Market Size, By Services, 2014-2019 ($Million)
Table 60 APAC: Market Size, By Services, 2014-2019, Y-O-Y (%)
Table 61 MEA: Market Size, 2014-2019 ($Million)
Table 62 MEA: Market Size, 2014-2019, Y-O-Y (%)
Table 63 MEA: Market Size, By Solutions, 2014-2019 ($Million)
Table 64 MEA: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Table 65 MEA: Market Size, By Services, 2014-2019 ($Million)
Table 66 MEA: Market Size, By Services, 2014-2019, Y-O-Y (%)
Table 67 LA: Market Size, 2014-2019 ($Million)
Table 68 LA: Market Size, 2014-2019, Y-O-Y (%)
Table 69 LA: Market Size, By Solutions, 2014-2019 ($Million)
Table 70 LA: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Table 71 LA: Market Size, By Services, 2014-2019 ($Million)
Table 72 LA: Market Size, By Services, 2014-2019, Y-O-Y (%)
Table 73 Energy Indicator: Electricity Consumption/Population
Table 74 Energy Indicator: Self Sufficiency
Table 75 DRMS: Venture Capital Funding


List of Figures (49 Figures)

Figure 1 DRMS: Research Methodology
Figure 2 DRMS: Data Triangulation
Figure 3 DRMS: Market Size, 2014-2019 Y-O-Y (%)
Figure 4 DRMS: Market Evolution
Figure 5 DRMS: Market Segmentation
Figure 6 DRMS: Time-Impact Analysis of Dynamics
Figure 7 DRMS: Value Chain
Figure 8 Typical Dr Program Execution
Figure 9 Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Figure 10 C&I DRMS Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 11 Residential DRMS Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 12 ADR Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 13 Networked HEM Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 14 Smart Thermostats Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 15 LC Switches Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 16 Smart Plugs Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 17 DRMS Market Size, By Services, 2014-2019, Y-O-Y (%)
Figure 18 Curtailment Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 19 System Integration and Consulting Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 20 Managed Services Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 21 DRMS Market Size, By Verticals, 2014-2019, Y-O-Y (%)
Figure 22 Manufacturing Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 23 Office and Commercial Buildings Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 24 MUSH Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 25 Power and Energy Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 26 Agriculture Market Size, By Regions, 2014-2019, Y-O-Y (%)
Figure 27 DRMS Market Parfait Chart, By Regions, 2014-2019 ($Billion)
Figure 28 NA: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Figure 29 NA: Market Size, By Services, 2014-2019, Y-O-Y (%)
Figure 30 Europe: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Figure 31 Europe: Market Size, By Services, 2014-2019, Y-O-Y (%)
Figure 32 APAC: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Figure 33 APAC: Market Size, By Services, 2014-2019, Y-O-Y (%)
Figure 34 MEA: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Figure 35 MEA: Market Size, By Services, 2014-2019, Y-O-Y (%)
Figure 36 LA: Market Size, By Solutions, 2014-2019, Y-O-Y (%)
Figure 37 LA: Market Size, By Services, 2014-2019, Y-O-Y (%)
Figure 38 Ecosystem and Roles
Figure 39 Portfolio Comparison
Figure 40 Market Opportunity Analysis
Figure 41 ABB: Company Snapshot
Figure 42 Eaton Corporation: Company Snapshot
Figure 43 Enernoc: Company Snapshot
Figure 44 General Electric: Company Snapshot
Figure 45 Honeywell: Company Snapshot
Figure 46 Johnson Controls: Company Snapshot
Figure 47 Schneider Electric Sa: Company Snapshot
Figure 48 Siemens Ag: Company Snapshot
Figure 49 DRMS: Social Reach

Energy markets across the globe are evolving with major smart grid initiatives for meeting long-term goals of creating a secure energy system where generation meets demand. Mass roll outs of electric smart meters have enabled time-based electricity pricing options which are a major driver for active involvement of end consumers in Demand Response (DR) programs.

Energy intensive Commercial and Industrial (C&I) consumers have been a major contributor toward the overall demand response management system market. DR in the residential segment is largely undermined by DR providers but has significant scope of growth which is now corroborated with increasing mass deployments of smart meters and increasing shipments of energy management devices which can be also used for interfacing with DR platforms. Utilities need to come up with easier to comprehend these programs for residential users. With the intertwined DR technologies and home energy management devices, consumers will be able to monitor and adjust their energy consumption more effectively. MarketsandMarkets expects an increasing uptake of the DRMS software solutions, such as automated demand response, by the end of the forecast period.

Demand response technology has been around for a while now, but except for the U.S., the global adoption rate of DR programs has been slow. Absence of a single market model and lack of regulatory mandates in the European region have been major factors for the slow growth of demand response market in this region. Many countries in the Asia Pacific (APAC) region have a strong business case for implementing DR resources, and the market in this region is expected to experience significant growth opportunities.

Overall Market Size and Forecast

The global DRMS market is estimated by adding vendor revenues for DR software solutions and services. MarketsandMarkets forecasts the global market to grow from $6.68 billion in 2014 to $24.64 billion in 2019. This represents a Compound Annual Growth Rate (CAGR) of 29.8% from 2014 to 2019.

Demand Response Management System Market Size, 2014-2019 ($Billion)

Demand Response Management Systems Market

Source: MarketsandMarkets Analysis

The table given above highlights the Demand Response Management System solutions market size.

Demand Response Management System Market Size, 2014-2019, Y-O-Y (%)

Demand Response Management Systems Market

Source: MarketsandMarkets Analysis

The table given above highlights the Year-Over-Year (Y-O-Y) growth trend in the DRMS market, for solutions and services.

Demand Response Management System Market Size, 2014-2019 (Y-O-Y%)

Demand Response Management Systems Market

Source: MarketsandMarkets Analysis

The trend line given above depicts the Y-O-Y growth trend in the overall DRMS market for solutions and services.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports