Latin America Demand Response Management System (DRMS) Market
- Report Code: DE 1005
- Publish Date: Upcoming
The Latin American Demand Response Management System (DRMS) market is expected to grow from $416.8 million in 2014 to $2060.3 million by 2019, at a CAGR of 38.3% during the forecast period. The market is primarily driven by government initiatives.
Demand response management system (DRMS) is load management tool designed to nullify the difference between demand and supply of energy during peak hours. DRMS empowers the end-users to modify their usage patterns of power according to the supply capacity. 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. This system offers price-based and incentive-based options, which motivates customers to reduce energy usage in peak hours.
Latin America has been witnessing an increase in demand for energy generation. To meet this demand, the countries in Latin America would require huge investments in the power industry. Therefore, many initiatives have been undertaken, such as Brazil’s El Brazil's Eletrobras Distribution Rehabilitation Project worth $495 million, and Mexico's Lighting and Appliances Efficiency Project worth $350 million. This indicates the enormous potential of DRMS market in Latin America.
The Latin American Demand Response Management System (DRMS) market report provides a competitive benchmarking of leading players in this market, such as GE, Siemens, Schneider Electric, Johnson Controls and various others in terms of product offerings, key strategies and operational parameters. This market report further provides current market trends, overall adoption scenario, competitive landscape, and market metrics including drivers, restraints, and upcoming opportunities. It also focuses on the current market size estimations and future growth potential of 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 to 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 Latin 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 the countries in Latin 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 Latin 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 Latin American Demand Response Management System (DRMS) market
Investment Prospect Tracker
- Deep-dive analysis and suggestions from analysts’ on various investment opportunities in the Latin American 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)-Latin America, By Geographies
4.1 Demand Response Management System (DRMS)-Latin America - Brazil
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)-Latin America, By Geographies
4.1 Demand Response Management System (DRMS)-Latin America - Brazil
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
