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Latin America Demand Response Management System Market 2015-2019 with ABB, EnerNOC, GE, Johnson Controls, Schneider Electric & Siemens DominatingDUBLIN, July 10, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/8cnf7l/demand_response) has announced the addition of the "Demand Response Management System Market in Latin America 2015-2019" report to their offering. The demand response management system market in Latin America to grow at a CAGR of 36.46% over the period 2014-2019. Demand response management system is an IT solution that helps balance power supply and demand. Load and weather conditions are forecast and loaded into the software, which then calculates and manages production, and loads profiles into the database for future use. With the help of DRMS, end-users can modify their power usage pattern based on the supply of power. According to the report, the demand for power is rising in the majority of countries in Latin America, especially in Brazil, Colombia, and Chile. There is a growing need to reduce electricity consumption because of the demand-supply gap. Smart electricity meters help households monitor and reduce their power usage, which leads to active involvement in DR programs. Further, the report states that lack of awareness of DR programs hinders the adoption of DRMS among consumers. Key Vendors
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For more information visit http://www.researchandmarkets.com/research/8cnf7l/demand_response Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/latin-america-demand-response-management-system-market-2015-2019-with-abb-enernoc-ge-johnson-controls-schneider-electric--siemens-dominating-300114457.html SOURCE Research and Markets |