North America Demand Response Management System (DRMS) Market
- Report Code: DE 1001
- Publish Date: Upcoming
The North American demand response management system (DRMS) market is expected to grow from $4.14 billion in 2014 to $12.70 billion in 2019 at a CAGR of 25.1% during the forecast period. The market is primarily driven by the need to address energy price volatility.
Demand response management system (DRMS) is an effective peak load management tool that helps in mitigating the difference between demand and supply of energy. DRMS encourages the end-users to modify their usage patterns of power according to the supply capacity. The need to build highly cost-intensive power plants for electricity generation that are detrimental to the environment can be addressed by implementing demand response management system (DRMS). Demand response management system market comprises of price-based and incentive-based options, which motivate customers to reduce their energy usage during peak hours.
The prices in the energy market continuously fluctuate due to the unstable demand and supply ratio. The North American region comprises two major global economies, namely the U.S. and Canada. Transportation, commercial, and industrial sectors in this region consume over 65% of the total electricity. The need to utilize these resources efficiently has fueled the growth of the demand-response management systems market in this region.
The North American demand response management system (DRMS) market report provides a competitive benchmarking of leading players, such as GE, Siemens, Schneider Electric, Johnson Controls, ABB, EnerNOC, and Honeywell, in terms of their product offerings, key strategies, and operational parameters. The North American demand response management system (DRMS) market report further provides worthy insights on current market trends, overall adoption scenario, competitive landscape, along with drivers, restraints, and upcoming opportunities. The report also aims to estimate the current market size and future growth potential of the market offerings across different types of solutions, devices, services, and industry verticals.
Report Options
Market segmentation covered in this report are:
- By Solutions: Commercial and industrial DRMS, residential DRMS, and automated DR
- By Devices: Smart appliances (DR Enabled), networked HEM, smart thermostats, load control switches, and smart plugs
- By Services: curtailment, system integration, and consulting and managed services
Customization Options
Along with the market data, you can also customize MMM assessment that are in alliance to your company’s specific needs. Following customization options provide comprehensive industry standard and deep dive analysis of the following parameters:
Solutions Watch
- Comprehensive analysis and benchmarking of different solutions by specific countries in North America. Coverage includes Tier-1 and Tier 2/3 firms
- Analysis based on evaluation parameters such as technology and service offerings
Service Adoption and Application
- Detailed analysis of adoption of DRMS in different verticals, such as manufacturing, office and commercial buildings, municipal, university, school, and hospital, power and energy, and agriculture
Country Level Tracker
- Country-specific DRMS market forecast and analysis
- Identification of key end-user segments with respect to countries in North America
Client Tracker
- Listing and analysis of deals and projects, case studies, promotions, R&D investments, events, discussion forums, alliances, and partners of Tier-1 and Tier-2/3 vendors operating in North America for the last 3 years
Emerging Vendor Landscape
- Evaluate Tier-2/3 vendors’ market offerings using a 2X2 framework (identifying leaders, challengers, followers, and nichers)
Technology Watch
- Update on the current technology trends across different industry verticals in the North American demand response management system (DRMS) market
Pricing Index
- Detailed analysis of prices offered by various vendors for complete as well as customized DRMS solutions in North America
1 Introduction
1.1 Objective of the study
1.2 Market Definitions
1.3 Market Segmentation & Aspects Covered
1.4 Research Methodology
1.4.1 Assumptions (Market Size, Forecast, etc)
2 Executive Summary
3 Market Overview
4 Demand Response Management System (DRMS)-North America, By Geographies
4.1 Demand Response Management System (DRMS)-U.S.
4.1.1 Demand Response Management System (DRMS)-U.S., By Companies
4.1.1.1 Demand Response Management System (DRMS)-U.S.-EnerNOC
4.1.1.2 Demand Response Management System (DRMS)-U.S.-General Electric
4.1.1.3 Demand Response Management System (DRMS)-U.S.-Johnson Controls Inc
4.1.1.4 Demand Response Management System (DRMS)-U.S.-Siemens
5 Demand Response Management System (DRMS)-North America, By Companies
5.1 Split By Geography
5.1 Demand Response Management System (DRMS)-U.S. by Companies
5.2 Demand Response Management System (DRMS)-EnerNOC-North America
5.3 Demand Response Management System (DRMS)-Johnson Controls Inc-North America
5.4 Demand Response Management System (DRMS)-General Electric-North America
5.5 Demand Response Management System (DRMS)-Siemens-North America
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement
