U.S. Demand Response Management System Market
- Report Code: DE 1006
- Publish Date: Upcoming
The U.S. Demand Response Management System (DRMS) market is expected to grow from $3.31 billion in 2014 to $9.21 billion in 2019 at a CAGR of 22.7% during the period 2013-2019. The market is primarily driven by the government mandates for energy efficiency and conservation in U.S.
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 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 simply addressed by implementing Demand Response Management System (DRMS). Demand response management system market comprises of price-based and incentive-based options in order to motivate customers to reduce their energy usage during peak hours.
DRMS is steadily growing in U.S. with the government mandates for energy efficiency and conservation. The service market is expected to be one of the highest revenue generators for the projected years in U.S. Although C&I end-users have been involved in DR programs in U.S., electric utilities are taking up residential DR programs to engage domestic customers as well. U.S. government is imposing regulations such as economic DR need to be paid the full wholesale price (when it’s above the net benefits threshold), whereas before it was paid the difference between the wholesale price and the retail price for generation and transmission.
The U.S. 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, ABB, EnerNOC, and Honeywell in terms of their product offerings, key strategies and operational parameters. The U.S. Demand Response Management System (DRMS) market report further provides U.S. market trend, overall adoption scenario, competitive landscape and key drivers, restraints, and opportunities. The U.S. Demand Response Management System (DRMS) market report aims in estimating the current market size and the future growth potential of the different U.S. Demand Response Management System (DRMS) market offerings across different types of solutions, devices, services, and industry verticals.
U.S. Demand Response Management System (DRMS) Market 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
U.S. Demand Response Management System (DRMS) Market Customization Options:
With MMM assessment, we will best meet your company’s specific customization needs. Following customization options provide comprehensive industry standard and deep dive analysis:
- U.S. Demand Response Management System (DRMS) Solutions Watch
- Comprehensive analysis and benchmarking of different solutions in U.S. Coverage includes Tier-1 and Tier 2/3 firms.
- Evaluation parameters: Technology, Service offerings, and others
- U.S. Demand Response Management System (DRMS) 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 Systems (MUSH); Power and Energy, and Agriculture
- U.S. Demand Response Management System (DRMS) Market Tracker
- U.S. DRMS market forecast and analysis
- Identification of key end-user segments with respect to the countries in U.S.
- U.S. Demand Response Management System (DRMS) 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 U.S. for the last 3 years
- U.S. Demand Response Management System (DRMS) Emerging Vendor Landscape
- Evaluate Tier-2/3 vendors’ market offerings using a 2X2 framework (realizing Leaders, Challengers, Followers, Nichers)
- U.S. Demand Response Management System (DRMS) Technology Watch
- Update on the current technology trends across different industry verticals in U.S. Demand Response Management System (DRMS) market
- U.S. Demand Response Management System (DRMS) Pricing Index
- Detailed analysis of prices offered by various vendors for complete as well as customized DRMS solutions in U.S.
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