Research and Markets (http://www.researchandmarkets.com/research/krtjbf/demand_response)
has announced the addition of the "Demand
Response Management System (DRMS) Market (C&I, Residential, Automated
DR, Curtailment Services, System Integration and Consulting, Managed
Services, Devices) - Worldwide Market Forecasts and Analysis (2014-2019)"
report to their offering.
Energy markets across the globe are evolving with major smart grid
initiatives for meeting long-term goals of creating a secure energy
system where generation meets demand. Mass roll outs of electric smart
meters have enabled time-based electricity pricing options which are a
major driver for active involvement of end consumers in Demand Response
Energy intensive Commercial and Industrial (C&I) consumers have been a
major contributor toward the overall demand response management system
market. DR in the residential segment is largely undermined by DR
providersbut has significant scope of growth which is now corroborated
with increasing mass deployments of smart meters and increasing
shipments of energy management devices which can be also used for
interfacing with DR platforms. Utilities need to come up with easier to
comprehend these programs for residential users.
With the intertwined DR technologies and home energy management devices,
consumers will be able to monitor and adjust their energy consumption
more effectively. An increasing uptake of the DRMS software solutions,
such as automated demand response, by the end of the forecast period is
Demand response technology has been around for a while now, but except
for the U.S., the global adoption rate of DR programs has been slow.
Absence of a single market model and lack of regulatory mandates in the
European region have been major factors for the slow growth of demand
response market in this region. Many countries in the Asia Pacific
(APAC) region have a strong business case for implementing DR resources,
and the market in this region is expected to experience significant
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/krtjbf/demand_response
[ Back To NFVZone's Homepage ]