New York, Sept. 04, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Demand Response Management Systems (DRMS) Industry" - https://www.reportlinker.com/p05561817/?utm_source=GNW 8 Billion in the year 2020, is projected to reach a revised size of US$13.9 Billion by 2027, growing at a CAGR of 16.4% over the analysis period 2020-2027. Industrial, one of the segments analyzed in the report, is projected to record a 15.2% CAGR and reach US$7.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Residential segment is readjusted to a revised 20.9% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 15.7% CAGR The Demand Response Management Systems (DRMS) market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2027 trailing a CAGR of 15.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.3% and 14.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12% CAGR. Commercial Segment to Record 13.5% CAGR In the global Commercial segment, USA, Canada, Japan, China and Europe will drive the 13.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$754.4 Million in the year 2020 will reach a projected size of US$1.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.7 Billion by the year 2027.We bring years of research experience to this 17th edition of our report. The 200-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Competitors identified in this market include, among others,
- ABB Limited
- Accenture plc
- Aclara Technologies LLC
- Ameresco, Inc.
- AutoGrid Systems, Inc.
- Comverge Inc.
- CPower, Inc.
- Elster Group SE
- EnerNOC, Inc.
- General Electric Company
- Honeywell International, Inc.
- Itron, 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
- Silver Spring Networks, Inc.
- Tantalus Systems Corp.
- Trilliant Holdings, Inc.
Read the full report: https://www.reportlinker.com/p05561817/?utm_source=GNW 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 Impact of Covid-19 and a Looming Global Recession 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: 2020-2027 Table 2: Demand Response Management Systems (DRMS) Market Share Shift across Key Geographies Worldwide: 2020 VS 2027 Table 3: Industrial (Sector) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 4: Industrial (Sector) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027 Table 5: Residential (Sector) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027 Table 6: Residential (Sector) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027 Table 7: Commercial (Sector) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027 Table 8: Commercial (Sector) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027 Table 9: Conventional (Technology Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027 Table 10: Conventional (Technology Type) Market Share Breakdown by Region/Country: 2020 VS 2027 Table 11: Automated (Technology Type) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 12: Automated (Technology Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027 Table 13: Hardware (Component) World Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020 to 2027 Table 14: Hardware (Component) Market Percentage Share Distribution by Region/Country: 2020 VS 2027 Table 15: Software (Component) Market Opportunity Analysis Worldwide in US$ Thousand by Region/Country: 2020 to 2027 Table 16: Software (Component) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027 Table 17: Services (Component) World Market by Region/Country in US$ Thousand: 2020 to 2027 Table 18: Services (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027 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: 2020 to 2027 Table 20: United States Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2020 VS 2027 Table 21: United States Demand Response Management Systems (DRMS) Market Estimates and Projections in US$ Thousand by Technology Type: 2020 to 2027 Table 22: United States Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2020 VS 2027 Table 23: United States Demand Response Management Systems (DRMS) Market Estimates and Projections in US$ Thousand by Component: 2020 to 2027 Table 24: United States Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2020 VS 2027 CANADA Table 25: Canadian Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2020 to 2027 Table 26: Demand Response Management Systems (DRMS) Market in Canada: Percentage Share Breakdown of Sales by Sector for 2020 and 2027 Table 27: Canadian Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2020 to 2027 Table 28: Demand Response Management Systems (DRMS) Market in Canada: Percentage Share Breakdown of Sales by Technology Type for 2020 and 2027 Table 29: Canadian Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2020 to 2027 Table 30: Demand Response Management Systems (DRMS) Market in Canada: Percentage Share Breakdown of Sales by Component for 2020 and 2027 JAPAN Table 31: Japanese Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Sector for the Period 2020-2027 Table 32: Japanese Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2020 VS 2027 Table 33: Japanese Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Technology Type for the Period 2020-2027 Table 34: Japanese Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2020 VS 2027 Table 35: Japanese Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Component for the Period 2020-2027 Table 36: Japanese Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2020 VS 2027 CHINA Table 37: Chinese Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Sector for the Period 2020-2027 Table 38: Chinese Demand Response Management Systems (DRMS) Market by Sector: Percentage Breakdown of Sales for 2020 and 2027 Table 39: Chinese Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Technology Type for the Period 2020-2027 Table 40: Chinese Demand Response Management Systems (DRMS) Market by Technology Type: Percentage Breakdown of Sales for 2020 and 2027 Table 41: Chinese Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Component for the Period 2020-2027 Table 42: Chinese Demand Response Management Systems (DRMS) Market by Component: Percentage Breakdown of Sales for 2020 and 2027 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: 2020 VS 2027 Table 45: European Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2020-2027 Table 46: European Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2020 VS 2027 Table 47: European Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2020-2027 Table 48: European Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2020 VS 2027 Table 49: European Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2020-2027 Table 50: European Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2020 VS 2027 FRANCE Table 51: Demand Response Management Systems (DRMS) Market in France by Sector: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 52: French Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2020 VS 2027 Table 53: Demand Response Management Systems (DRMS) Market in France by Technology Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 54: French Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2020 VS 2027 Table 55: Demand Response Management Systems (DRMS) Market in France by Component: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 56: French Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2020 VS 2027 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 2020-2027 Table 58: German Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2020 VS 2027 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 2020-2027 Table 60: German Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2020 VS 2027 Table 61: Demand Response Management Systems (DRMS) Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Component for the Period 2020-2027 Table 62: German Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2020 VS 2027 ITALY Table 63: Italian Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Sector for the Period 2020-2027 Table 64: Italian Demand Response Management Systems (DRMS) Market by Sector: Percentage Breakdown of Sales for 2020 and 2027 Table 65: Italian Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Technology Type for the Period 2020-2027 Table 66: Italian Demand Response Management Systems (DRMS) Market by Technology Type: Percentage Breakdown of Sales for 2020 and 2027 Table 67: Italian Demand Response Management Systems (DRMS) Market Growth Prospects in US$ Thousand by Component for the Period 2020-2027 Table 68: Italian Demand Response Management Systems (DRMS) Market by Component: Percentage Breakdown of Sales for 2020 and 2027 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 2020-2027 Table 70: United Kingdom Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2020 VS 2027 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 2020-2027 Table 72: United Kingdom Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2020 VS 2027 Table 73: United Kingdom Market for Demand Response Management Systems (DRMS): Annual Sales Estimates and Projections in US$ Thousand by Component for the Period 2020-2027 Table 74: United Kingdom Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2020 VS 2027 REST OF EUROPE Table 75: Rest of Europe Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2020-2027 Table 76: Rest of Europe Demand Response Management Systems (DRMS) Market Share Breakdown by Sector: 2020 VS 2027 Table 77: Rest of Europe Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2020-2027 Table 78: Rest of Europe Demand Response Management Systems (DRMS) Market Share Breakdown by Technology Type: 2020 VS 2027 Table 79: Rest of Europe Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2020-2027 Table 80: Rest of Europe Demand Response Management Systems (DRMS) Market Share Breakdown by Component: 2020 VS 2027 ASIA-PACIFIC Table 81: Demand Response Management Systems (DRMS) Market in Asia-Pacific by Sector: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 82: Asia-Pacific Demand Response Management Systems (DRMS) Market Share Analysis by Sector: 2020 VS 2027 Table 83: Demand Response Management Systems (DRMS) Market in Asia-Pacific by Technology Type: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 84: Asia-Pacific Demand Response Management Systems (DRMS) Market Share Analysis by Technology Type: 2020 VS 2027 Table 85: Demand Response Management Systems (DRMS) Market in Asia-Pacific by Component: Estimates and Projections in US$ Thousand for the Period 2020-2027 Table 86: Asia-Pacific Demand Response Management Systems (DRMS) Market Share Analysis by Component: 2020 VS 2027 REST OF WORLD Table 87: Rest of World Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Sector: 2020 to 2027 Table 88: Demand Response Management Systems (DRMS) Market in Rest of World: Percentage Share Breakdown of Sales by Sector for 2020 and 2027 Table 89: Rest of World Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Technology Type: 2020 to 2027 Table 90: Demand Response Management Systems (DRMS) Market in Rest of World: Percentage Share Breakdown of Sales by Technology Type for 2020 and 2027 Table 91: Rest of World Demand Response Management Systems (DRMS) Market Estimates and Forecasts in US$ Thousand by Component: 2020 to 2027 Table 92: Demand Response Management Systems (DRMS) Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2020 and 2027 IV. COMPETITION Total Companies Profiled: 70 Read the full report: https://www.reportlinker.com/p05561817/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
