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Global Demand Response (DR) Market 2017-2021

About Demand Response (DR)

Demand response (DR) is defined as the change in power consumption by a utility's customers to reduce the gap between demand and supply of electricity. DR solutions help capture the benefits of time-based rates or financial incentives by consumers. This is done by reducing or shifting their electricity consumption during the peak hours of demand. DR further helps electricity providers to decrease costs by reducing the peak demand and prevents power companies from investing in new plants to meet the excess energy demand. Thus, the power and energy industries consider DR programs as an extremely valuable resource whose capabilities are expanded by grid modernization efforts.

Technavio’s analysts forecast the global demand response (DR) market to grow at a CAGR of 15.85% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global demand response (DR) market for 2017-2021. To calculate the market size, the report considers the new installations sales, revenue, aftermarket, and services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's 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.

Key vendors
  • ABB
  • CPower
  • EnerNOC
  • Honeywell International
  • Itron (Comverge)
  • Schneider Electric
  • Siemens
Other prominent vendors
  • ALSTOM
  • Cisco
  • Eaton
  • Landis+Gyr
  • Oracle
  • Toshiba
Market driver
  • Increasing gap between electricity supply and demand
  • For a full, detailed list, view our report
Market challenge
  • Growing threat of hacking
  • For a full, detailed list, view our report
Market trend
  • Emerging concept of Internet of Things (IoT)
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Demand Response (DR) Market 2017-2021

Technavio recognizes the following companies as the key players in the global demand response (DR) market: ABB, CPower, EnerNOC, Honeywell International, Itron (Comverge), Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: ALSTOM, Cisco, Eaton, Landis+Gyr, Oracle, and Toshiba.

Commenting on the report, an analyst from Technavio’s team said: “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.

Further, the report states that one of the major factors hindering the growth of this market is growing threat of hacking. Strict authentication is essential while maintaining DR for electricity consumers through software. The rising number of users in DR pose a threat to these automation systems by making the data vulnerable to unauthorized access. Likewise, wireless devices, such as smart thermostats and smart meters are highly prone to getting hacked. Thus, information related to processes, people, and critical data become insecure.



Companies Mentioned

ABB, CPower, EnerNOC, Honeywell International, Itron (Comverge), Schneider Electric, and Siemens. ALSTOM, Cisco, Eaton, Landis+Gyr, Oracle, and Toshiba.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Benefits of DR
      • Table Types of DR
    • Market opportunity
      • Table Market opportunity for DR
    • Overall impact of drivers and challenges on global DR market
      • Table Impact level of drivers and challenges on growth of global DR market
  • Market landscape
    • Market overview
      • Table Segmentation of global DR market
      • Table Generic supply-chain for global DR market
      • Table Key market dynamics
      • Table Global DR market 2016-2021 ($ millions)
      • Table Performance* of global DR market
      • Table Product lifecycle stage of global DR market in ROW and North American countries
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Segmentation of DR market by product
      • Table Global DR market by product 2016 and 2021 (% revenue)
    • Global DR market by hardware and software
      • Table Global DR market by hardware and software 2016-2021 ($ millions)
      • Table Performance* of global DR market by hardware and software
      • Table List of devices or systems under hardware and software
      • Table Drivers and challenges for global DR market by hardware and software
    • Global DR market by service
      • Table Global DR market by service 2016-2021 ($ millions)
      • Table Performance* of global DR market by service
      • Table Drivers and challenges for global DR market by service
  • Market segmentation by end-user
    • Market overview
      • Table Global DR market by end-user 2016 and 2021 (%)
    • Global DR market in industrial sector
      • Table Global DR market in industrial sector 2016-2021 ($ millions)
      • Table Performance* of global DR market in industrial sector
    • Global DR market in residential sector
      • Table Global DR market in residential sector 2016-2021 ($ millions)
      • Table Performance* of global DR market in residential sector
    • Global DR market in commercial sector
      • Table Global DR market for commercial sector 2016-2021 ($ millions)
      • Table Performance* of global DR market in commercial sector
      • Table Energy savings by commercial buildings using DR programs
  • Geographical segmentation
    • Market overview
      • Table Global DR market by geography 2016 and 2021 (%)
    • DR market in Americas
      • Table DR market in Americas 2016-2021 ($ millions)
      • Table Performance* of DR market in Americas
      • Table Recent developments of DR market in Americas
    • DR market in EMEA
      • Table DR market in EMEA 2016-2021 ($ millions)
      • Table Performance* of DR market in EMEA
      • Table Recent developments of DR market in Europe
    • DR market in APAC
      • Table DR market in APAC 2016-2021 ($ millions)
      • Table Performance* of DR market in APAC
      • Table Recent developments of DR market in APAC
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Impact of driver on end-users and geography
      • Table Impact of driver on end-users and geography
      • Table Impact of driver on end-users and geography
      • Table Impact of driver on end-users and geography
    • Market challenges
      • Table Impact of challenge on end-users and geography
      • Table Impact of challenge on end-users and geography
      • Table Impact of challenge on end-users and geography
  • Market trends
    • Emerging concept of Internet of Things (IoT)
      • Table Impact of IoT on substation automation market
    • Increased generation of electricity from clean energy sources
    • Emergence of data-driven demand response
  • Vendor landscape
    • Competitive scenario
      • Table Impact of competitors on global DR market 2016 and 2021
    • Other prominent vendors
      • Table List of prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB: Business strategy
      • Table ABB: Major programs or solutions offered
      • Table ABB: Recent developments in global DR market
    • CPower
      • Table CPower: Business strategy
      • Table CPower: Major programs and solutions offered
      • Table CPower: Recent developments in global DR market
    • EnerNOC
      • Table EnerNOC: Business strategy
      • Table EnerNOC: Major programs and solutions offered
      • Table EnerNOC: Recent developments in global DR market
    • Honeywell International
      • Table Honeywell International: Business strategy
      • Table Honeywell International: Major programs and solutions offered
      • Table Honeywell International: Recent developments in global DR
    • Itron (Comverge)
      • Table Itron (Comverge): Business strategy
      • Table Itron (Comverge): Major programs and solutions offered
      • Table Itron (Comverge): Recent developments in global DR market
    • Schneider Electric
      • Table Schneider Electric: Business strategy
      • Table Schneider Electric: Major programs and solutions offered
      • Table Schneider Electric: Recent developments in global DR
    • Siemens
      • Table Siemens: Business strategy
      • Table Siemens: Major programs and solutions offered
      • Table Siemens: Recent developments in global DR
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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