Demand Response (DR) Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
5173 | Date :
Jan, 2023 | Pages :
180 | Region : Global |
Publisher : 99 Strategy
Demand response (DR) is defined as the change in power consumption by a utilitys customers to reduce the gap between demand and supply of electricity. DR solutions help capture the benefits of time-based rates or financial incentives by consumers. This is done by reducing or shifting their electricity consumption during the peak hours of demand. DR further helps electricity providers to decrease costs by reducing the peak demand and prevents power companies from investing in new plants to meet the excess energy demand. Thus, the power and energy industries consider DR programs as an extremely valuable resource whose capabilities are expanded by grid modernization efforts.
The emergence of data-driven demand response will be one of the major trends that will gain traction in the DR market during the next few years. With the help of high-end data analytics software, the manufacturers in this marketspace are offering personalized DR services. The high-end analytics software makes personalized services easy and flexible for the aggregators. The aggregators can build a virtual model for energy usage and use the model as a forecasting tool after analyzing the customers past trend of electricity utilization, which will ensure low energy costs.
The market is moderately competitive and fragmented due to the presence of several established manufacturers who account for the major market shares. The established market players face intense competition from the new market entrants especially based on factors such as price and solution offerings.
One of the major factors hindering the growth of this market is growing threat of hacking. Strict authentication is essential while maintaining DR for electricity consumers through software. The rising number of users in DR pose a threat to these automation systems by making the data vulnerable to unauthorized access. Likewise, wireless devices, such as smart thermostats and smart meters are highly prone to getting hacked. Thus, information related to processes, people, and critical data become insecure.
The Global Demand Response (DR) Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global Demand Response (DR) Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
ABB
CPower
EnerNOC
Honeywell International
Itron (Comverge)
Schneider Electric
Siemens
ALSTOM
Cisco
Eaton
Landis+Gyr
Oracle
Toshiba
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Hardware
Service
Software
In Market segmentation by applications :
Industrial
Residential
Commercial
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Demand Response (DR) Market for the forecast period 2023-2030?
• What are the driving forces in the Demand Response (DR) Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Demand Response (DR) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Demand Response (DR) Market Size Growth Rate by Type (2020-2030)
1.3.2 Hardware
1.3.3 Service
1.3.4 Software
1.4 Market Segment by Application
1.4.1 Global Demand Response (DR) Market Share by Application (2020-2030)
1.4.2 Industrial
1.4.3 Residential
1.4.4 Commercial
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Demand Response (DR) Production Value 2015-2030
2.1.2 Global Demand Response (DR) Production 2015-2030
2.1.3 Global Demand Response (DR) Capacity 2015-2030
2.1.4 Global Demand Response (DR) Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Demand Response (DR) Market Size CAGR of Key Regions
2.2.2 Global Demand Response (DR) Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Demand Response (DR) Capacity by Manufacturers
3.1.2 Global Demand Response (DR) Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Demand Response (DR) Revenue by Manufacturers (2018 - 2022)
3.2.2 Demand Response (DR) Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Demand Response (DR) Market Concentration Ratio (CR5 and HHI)
3.3 Demand Response (DR) Price by Manufacturers
3.4 Key Manufacturers Demand Response (DR) Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Demand Response (DR) Market
3.6 Key Manufacturers Demand Response (DR) Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Hardware Production and Production Value (2018 - 2022)
4.1.2 Service Production and Production Value (2018 - 2022)
4.1.3 Software Production and Production Value (2018 - 2022)
4.2 Global Demand Response (DR) Production Market Share by Type
4.3 Global Demand Response (DR) Production Value Market Share by Type
4.4 Demand Response (DR) Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Demand Response (DR) Consumption by Application
6 Production by Regions
6.1 Global Demand Response (DR) Production (History Data) by Regions 2018 - 2022
6.2 Global Demand Response (DR) Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Demand Response (DR) Production Growth Rate 2018 - 2022
6.3.2 United States Demand Response (DR) Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Demand Response (DR) Import & Export
6.4 European Union
6.4.1 European Union Demand Response (DR) Production Growth Rate 2018 - 2022
6.4.2 European Union Demand Response (DR) Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Demand Response (DR) Import & Export
6.5 China
6.5.1 China Demand Response (DR) Production Growth Rate 2018 - 2022
6.5.2 China Demand Response (DR) Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Demand Response (DR) Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Demand Response (DR) Consumption by Regions
7.1 Global Demand Response (DR) Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Demand Response (DR) Consumption by Type
7.2.2 United States Demand Response (DR) Consumption by Application
7.3 European Union
7.3.1 European Union Demand Response (DR) Consumption by Type
7.3.2 European Union Demand Response (DR) Consumption by Application
7.4 China
7.4.1 China Demand Response (DR) Consumption by Type
7.4.2 China Demand Response (DR) Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Demand Response (DR) Consumption by Type
7.5.2 Rest of World Demand Response (DR) Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 ABB
8.1.1 ABB Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Demand Response (DR)
8.1.4 Demand Response (DR) Product Introduction
8.1.5 ABB Recent Development
8.2 CPower
8.2.1 CPower Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Demand Response (DR)
8.2.4 Demand Response (DR) Product Introduction
8.2.5 CPower Recent Development
8.3 EnerNOC
8.3.1 EnerNOC Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Demand Response (DR)
8.3.4 Demand Response (DR) Product Introduction
8.3.5 EnerNOC Recent Development
8.4 Honeywell International
8.4.1 Honeywell International Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Demand Response (DR)
8.4.4 Demand Response (DR) Product Introduction
8.4.5 Honeywell International Recent Development
8.5 Itron (Comverge)
8.5.1 Itron (Comverge) Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Demand Response (DR)
8.5.4 Demand Response (DR) Product Introduction
8.5.5 Itron (Comverge) Recent Development
8.6 Schneider Electric
8.6.1 Schneider Electric Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Demand Response (DR)
8.6.4 Demand Response (DR) Product Introduction
8.6.5 Schneider Electric Recent Development
8.7 Siemens
8.7.1 Siemens Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Demand Response (DR)
8.7.4 Demand Response (DR) Product Introduction
8.7.5 Siemens Recent Development
8.8 ALSTOM
8.8.1 ALSTOM Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Demand Response (DR)
8.8.4 Demand Response (DR) Product Introduction
8.8.5 ALSTOM Recent Development
8.9 Cisco
8.9.1 Cisco Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Demand Response (DR)
8.9.4 Demand Response (DR) Product Introduction
8.9.5 Cisco Recent Development
8.10 Eaton
8.10.1 Eaton Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Demand Response (DR)
8.10.4 Demand Response (DR) Product Introduction
8.10.5 Eaton Recent Development
8.11 Landis+Gyr
8.12 Oracle
8.13 Toshiba
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Demand Response (DR) Capacity, Production Forecast 2020-2030
9.1.2 Global Demand Response (DR) Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Demand Response (DR) Production and Value Forecast by Regions 2020-2030
9.2.2 Global Demand Response (DR) Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Demand Response (DR) Production Forecast by Type
9.7.2 Global Demand Response (DR) Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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