Middle East and Africa Demand Response Management System (DRMS) Market
- Report Code: DE 1004
- Publish Date: Upcoming
The Middle East and Africa demand response management system (DRMS) market is expected to grow from $279.9 million in 2014 to $1417.7 million by 2019, at a CAGR of 38.3% during the forecast period. The market is primarily driven by the rise in industrialization.
Demand response management system (DRMS) is an energy load management tool that helps in closing the gap between demand and supply of energy. DRMS helps end-users to modify their usage patterns of power consumption in accordance with 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. The market comprises various price-based and incentive-based options, which encourages customers to meet their energy consumption requirement during peak hours.
Middle East and Africa has seen significant industrialization in the past few years. Earlier, referred to as the largest exporter of crude oil, this region has moved on to producing and exporting petroleum products. On the other hand, energy strategies 2030 introduced by Dubai aims at reducing the energy demand upto 30% by 2030, and diversify the energy mix with 71% natural gas, 24% nuclear and clean coal, and 5% solar energy. Such useful initiatives towards energy sectors have successfully influenced the demand of DRMS.
The Middle East and Africa Demand Response Management System (DRMS) market report provides details on key industry players in this market, such as Johnson Controls, ABB, EnerNOC, Honeywell and various others in terms of their product offerings, key strategies, and operational parameters. This report further provides current market trends, overall adoption scenario, competitive landscape, and market metrics including drivers, restraints, and upcoming opportunities. It also includes estimations of the current market size 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 requirements. 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 the Middle East and Africa. 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 the Middle East and Africa
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 the Middle East and Africa 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 Middle East and Africa Demand Response Management System (DRMS) market
End-User Analysis
- Identification and listing of key end-user segments with respect to their countries in the Middle East and Africa
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)-Middle East and Africa, By Companies
4.1 Demand Response Management System (DRMS)-Middle East and Africa-Alstom
4.2 Demand Response Management System (DRMS)-Middle East and Africa-Schneider Electric
4.3 Demand Response Management System (DRMS)-Middle East and Africa-Siemens
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