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Global Demand Response Management Systems (DRMS) Market Estimates & Forecasts 2015-2024DUBLIN, 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
The report profiles 70 companies including many key and niche players such as: Key Topics Covered:
1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS 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)
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