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Global Demand Response Market 2024-2028

Publisher TechNavio
Published Nov 23, 2023
Length 182 Pages
SKU # INF18379460

Description

Global Demand Response (DR) Market 2024-2028


The demand response (DR) market is forecasted to grow by USD 2.90 bn during 2023-2028, accelerating at a CAGR of 8.01% during the forecast period. The report on the demand response (DR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing gap between electricity supply and demand, increased cost of electricity, and growing government support to manage the shortage of electricity.

Technavio's demand response (DR) market is segmented as below:

By Product
  • Hardware and software
  • Service
By End-user
  • Industrial
  • Residential
  • Commercial
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emerging concept of the Internet of Things as one of the prime reasons driving the demand response (DR) market growth during the next few years. Also, increased generation of electricity from clean energy sources and the emergence of data-driven demand response will lead to sizable demand in the market.

The report on the demand response (DR) market covers the following areas:
  • Demand response (DR) market sizing
  • Demand response (DR) market forecast
  • Demand response (DR) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading demand response (DR) market vendors that include ABB Ltd., ALSTOM SA, Cisco Systems Inc., Cpower, Eaton Corp. Plc, Encycle Corp., Enel Spa, General Electric Co., Hitachi Ltd., Honeywell International Inc., Itron Inc., Johnson Controls International Plc, Landis Gyr AG, Lockheed Martin Corp., LS Power Development LLC, Mitsubishi Electric Corp., Oracle Corp., Schneider Electric SE, Siemens AG, and Toshiba Corp.. Also, the demand response (DR) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

182 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global demand response market 2018 - 2022
    • Product Segment Analysis 2018 - 2022
    • End-user Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Product
    • Hardware and software - Market size and forecast 2023- 2028
    • Service - Market size and forecast 2023-2028
    • Market opportunity by Product
    • Market segments
    • Comparison by End-user
    • Industrial - Market size and forecast 2023-2028
    • Residential - Market size and forecast 2023-2028
    • Commercial - Market size and forecast 2023-2028
    • Market opportunity by End-user
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • APAC - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • US - Market size and forecast 2023-2028
    • Canada - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • UK - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • ABB Ltd.
    • Cisco Systems Inc.
    • Eaton Corp. Plc
    • Enel Spa
    • General Electric Co.
    • Hitachi Ltd.
    • Honeywell International Inc.
    • Itron Inc.
    • Johnson Controls International Plc
    • LS Power Development LLC
    • Mitsubishi Electric Corp.
    • Oracle Corp.
    • Schneider Electric SE
    • Siemens AG
    • Toshiba Corp.
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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