The European Demand Response Management System (DRMS) market is expected to grow from $1,355.7 million in 2014 to $6,376.1 million by 2019, at a CAGR of 36.3%., during the forecast period. The market is primarily driven by the requirement of optimum energy consumption and robust competition in this sector.
Demand response management system (DRMS) is a tool to manage peak energy loads and lower the difference between demand and supply of energy. DRMS helps the customers to modify their usage patterns of power according to the capacity of supply. Cost-intensive power plants, which do not affect the environment, are required for optimized energy consumption; therefore the demand for demand response management system (DRMS) has increased. Demand response management system market offers price-based and incentive-based options, which motivates customers to reduce the energy usage during peak hours.
Europe has seen several new entrants in the DRMS market, especially aggregators. This indicates that the market is becoming a lucrative option for demand response service providers. Besides, the major incumbents are based either in United States or in Europe, and assist in expansion of the business. The increasing number of DRMS vendors, along with the favorable legislative structure fuels the DRMS market growth.
The Europe Demand Response Management System (DRMS) market report provides a competitive benchmarking of leading players in this market, such as GE, Siemens, Schneider Electric, EnerNOC, Honeywell and various others in terms of product offerings, key strategies, and operational parameters. The market report further provides current market trends, overall adoption scenario, competitive landscape, and market dynamics including drivers, restraints, and upcoming opportunities. It also focuses on current market size estimations and future growth potential of varied 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 assessments that meet your company’s specific needs. Following customization options provide comprehensive industry standards and deep-dive analysis of the following parameters:
Solutions Watch
- Comprehensive analysis and benchmarking of different solutions by specific countries in Europe. 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 Europe
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 Europe 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 European Demand Response Management System (DRMS) market
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)-Europe, By Geographies
4.1 Demand Response Management System (DRMS)-France
4.1.1 Demand Response Management System (DRMS)-France, By Companies
4.1.1.1 Demand Response Management System (DRMS)-France-Alstom
4.2 Demand Response Management System (DRMS)-United Kingdom
4.2.1 Demand Response Management System (DRMS)-United Kingdom, By Companies
4.2.1.1 Demand Response Management System (DRMS)-United Kingdom-EnerNOC
4.3 Demand Response Management System (DRMS)-Germany
4.3.1 Demand Response Management System (DRMS)-Germany, By Companies
4.3.1.1 Demand Response Management System (DRMS)-Germany-EnerNOC
5 Demand Response Management System (DRMS)-Europe, By Companies
5.1 Split By Geography
5.1 Demand Response Management System (DRMS)-France by Companies
5.1 Demand Response Management System (DRMS)-United Kingdom by Companies
5.1 Demand Response Management System (DRMS)-Germany by Companies
5.2 Demand Response Management System (DRMS)-Alstom-Europe
5.3 Demand Response Management System (DRMS)-Europe-Siemens
5.4 Demand Response Management System (DRMS)-EnerNOC-Europe
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