Title: Demand Response Management System (DRMS) Market - Worldwide Market Forecasts and Analysis (2014-2019)
1Demand Response Management System (DRMS) Market
One-Stop Shop for Business Information
2 Summary
Demand Response Management System (DRMS) is a
proven software technology platform that enables
market operators and utilities to manage and
implement the Demand Response (DR) program
through a single integrated management system. It
helps in reducing the imbalance between energy
supply and demand. Price-based and
incentive-based are two types of demand response
programs.DRMS solutions available in the market
are segmented as Commercial and Industrial (CI)
DRMS, residential DRMS, and Automated Demand
Response (ADR). In 2014, CI DRMS accounts for
the highest market share and is expected to hold
the largest share throughout the forecast period.
3MarketsandMarkets expects that the manufacturing
vertical will account for the largest market
share throughout the forecast period. The
agriculture vertical is also anticipated to see
significant growth opportunity during the
forecast period. DRMS services comprise
curtailment services, system integration and
consulting services, and managed services. The
curtailment services account for the highest
market share throughout the forecast period.
Managed service market is expected to see high
growth opportunity during the forecast
period. Lack of mandates and budgetary
constraints for utilities are seen as the biggest
challenge in the DR market.
4There are various assumptions that we have taken
into consideration for market size and
forecasting exercise. A few of the global
assumptions include political, economic, social,
technological, and economic factors. For
instance, exchange rates, one of the economic
factors, are expected to have a moderate rating
of impact on this market. Therefore, dollar
fluctuations are expected to not seriously affect
the forecasts. The report will help the market
leaders/new entrants in this market in the
following ways 1. The report helps them
understand the pulse of the market. The report
provides information on key market drivers,
challenges, and opportunities.
52. This report segments the market into
solutions, devices, and services, covering this
market comprehensively. The report provides the
closest approximations of the revenue numbers for
the overall market and the subsegments. The
market numbers are further split across the
different verticals and regions. 3. This report
will help them better understand the competition
and gain more insights to better position their
business. There is a separate section on
competitive landscape, including competitor
ecosystem, portfolio comparison, mergers and
acquisition and venture capital funding. Besides,
there are company profiles of 10 top players in
this market.
6Table Of Content
- TABLE OF CONTENTS
- INTRODUCTION
- Executive Summary
- MARKET OVERVIEW
- DEMAND RESPONSE MANAGEMENT SYSTEMS MARKET SIZE
AND FORECAST BY SOLUTIONS - DEMAND RESPONSE MANAGEMENT SYSTEMS MARKET SIZE
AND FORECAST BY DEVICES - DEMAND RESPONSE MANAGEMENT SYSTEMS MARKET SIZE
AND FORECAST BY SERVICES - DEMAND RESPONSE MANAGEMENT SYSTEMS MARKET SIZE
AND FORECAST BY VERTICALS
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9- To know more
- Demand Response Management System (DRMS) Market -
Worldwide Market Forecasts and Analysis
(2014-2019)
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