Global Demand Response (DR) Market to Grow at a CAGR of 15.8% by 2021 – Increasing Gap Between Electricity Supply & Demand – Research and Markets

July 19, 2017

DUBLIN–(BUSINESS WIRE)–The “Global
Demand Response (DR) Market 2017-2021” report has been added to Research
and Markets’ offering.

The global demand response (DR) market to grow at a CAGR of 15.85%
during the period 2017-2021.

The report, Global Demand Response (DR) Market 2017-2021, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the market landscape and its growth prospects
over the coming years. The report also includes a discussion of the Key
vendors operating in this market.

The latest trend gaining momentum in the market is Emerging concept of
Internet of Things (IoT). Internet of Things (IoT) is moving toward
being the future technology for utility companies and electricity
aggregators to distribute power between grids and consumers. At present,
IoT has found its pathway into grid automation to revolutionize the
modernized communication.

According to the report, one of the major drivers for this market is
Increasing gap between electricity supply and demand. The growing
urbanization and population are increasing the need for electricity
worldwide. This is creating a huge mismatch between electricity supply
and demand for the last two decades. Similarly, a variation in load
demand to a greater extent throughout the year has become a major
difficulty that further complicates the situation. Thus, utility and
generation companies must constantly match supply and demand throughout
the year to maintain reliability on the power system.

Key vendors

  • ABB
  • CPower
  • EnerNOC
  • Honeywell International
  • Itron (Comverge)
  • Schneider Electric
  • Siemens

Other prominent vendors

  • ALSTOM
  • Cisco
  • Eaton
  • Landis+Gyr
  • Oracle
  • Toshiba

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Decision framework

PART 10: Drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

PART 13: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/qvqftz/global_demand

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Related
Topics: Utilities