Welcome!

News Feed Item

Global Smart Demand Response Market is Estimated to Reach USD 51,478.9 Million in 2025: Transparency Market Research

ALBANY, New York, August 26, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Smart Demand Response Market By End User - Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2025", Global Smart Demand Response Market was valued at USD 5,041.4 million in 2013 and is expected to reach 51,478.9 million by 2025, growing at a CAGR of 21.6% from 2014 to 2025.

Burgeoning power demand drives the adoption of demand response programs. The roll-out of smart grid technologies, including smart meters and communication systems are likely to propel growth in the global smart demand response market. Increasing demand for power supplemented by capacity constraints is projected to boost growth in the global smart demand response market. Furthermore, policies that encourage demand response programs are expected to accelerate market's growth. Additionally, increasing installations of smart meters and other smart grid technologies are estimated to bolster growth in the global smart demand response market. Albeit, limited customer awareness of demand response programs and their benefits can hinder market's growth. Moreover, high cost of technology and equipment for implementing demand response programs is likely to dampen the market's growth. However, technological advancements and developments by leading market players are likely to further accelerate the market's growth.

Browse the full Smart Demand Response Market Report at http://www.transparencymarketresearch.com/smart-demand-response.html

The market has been analyzed based on the end-users of demand response programs that include: residential/commercial/industrial. Industrial end user segment is estimated to dominate the global smart demand response market over the coming years. Growth in the industrial end user segment is driven by the demand for a cost-effective and environmentally sensible means to meet the needs of electricity system. The residential end user segment is anticipated to grow at the highest rate in the future. Roll-out of smart grid technologies including smart meters and communication system is likely to allow utilities to control residential loads. Additionally, lucrative financial incentives for commercial/industrial end user segment are expected to bolster growth in these segments.

North America is estimated to dominate the global smart demand response capacity market in 2013, accounting more than 80% of the global market share. Electricity markets are increasingly recognizing the need for demand response programs to manage scheduled or emergency downtime for power plants. Furthermore, demand response in North America is also recognized as a mechanism to mitigate higher wholesale prices and lower overall grid costs. Thus, the factors mentioned above are likely to drive growth in the North America's smart demand response capacity market. Asia Pacific's demand response capacity is estimated to rise at the highest rates in the future. Increased adoption of demand response in Asia Pacific is estimated to drive growth in the regions' demand response capacity market.

The global smart demand response market was dominated by North America followed by Europe and Asia Pacific. Ongoing development in the utility industry is estimated to drive growth in North America's smart demand response market. Significant smart demand response expenditure is estimated to accelerate growth in Europe's smart demand response market. Asia Pacific's smart demand response market is expected to grow at the highest rates in the future. High energy consumption and developments in the manufacturing sector is anticipated to drive growth in Asia Pacific's smart demand response market.

   Related & Recently Published Reports by Transparency Market Research 

Key players in the market include Honeywell International, Inc., EnerNOC, Inc., Eaton Corporation PLC., Landis+Gyr, Itron, Inc. Schneider Electric, General Electric, and Siemens AG among others. Other major market players analyzed in this report includes: Johnson Controls, Inc., ABB, Comverge, Inc., and Opower, Inc. The research study analyzes and estimates the market size in terms of revenue (USD Million) and demand response capacity (MW). The report covers the end users of smart demand response program, and provides both regional-wise and country-wise data (Asia Pacific) in terms of market revenue. The report provides detailed analysis, historical data (2011-2013) and statistically refined forecast (2014-2025) for end-users, demand response capacity, and geographical segments. The research also provides comprehensive analysis of key market players that are dealing in the smart demand response market. The research study has been segmented as below:

- Global Smart Demand Response Market: End User Analysis
  o Residential
  o Commercial
  o Industrial

Global Smart Demand Response Market: Capacity Analysis
  o North America
  o Europe
  o Asia Pacific
    - Indonesia
    - Malaysia
    - Thailand
    - Vietnam
    - Myanmar
    - Philippines
    - India
    - Rest of Asia Pacific (China, Japan, Australia, Singapore, South Korea, and New Zealand)
   o Rest of the World (RoW)

Global Smart Demand Response Market: Regional Analysis
  o North America
  o Europe
  o Asia Pacific
    - Indonesia
    - Malaysia
    - Thailand
    - Vietnam
    - Myanmar
    - Philippines
    - India
    - Rest of Asia Pacific (China, Japan, Australia, Singapore, South Korea, and New Zealand)
  o Rest of the World (RoW)

Browse All Energy & Mining Market Research Reports @ http://www.transparencymarketresearch.com/energy-market-reports-3.html

About Us  

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Browse Press Release "Smart Demand Response Market is Estimated to Reach USD 51,478.9 million in 2025"
 at @ http://www.transparencymarketresearch.com/pressrelease/smart-demand-response-market.htm

Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Company Blog: http://www.tmrblog.com/
Browse All PR: http://www.transparencymarketresearch.com/press-releases.htm
Browse All Articles: http://www.transparencymarketresearch.com/articles.htm


SOURCE http://www.transparencymarketresearch.com/

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his session at @DevOpsSummit at 20th Cloud Expo, Kelly Looney, director of DevOps consulting for Skytap, showed how an incremental approach to introducing containers into complex, distributed applications results in modernization with less risk and more reward. He also shared the story of how Skytap used Docker to get out of the business of managing infrastructure, and into the business of delivering innovation and business value. Attendees learned how up-front planning allows for a clean sep...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, shared examples from a wide range of industries – including en...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Consumers increasingly expect their electronic "things" to be connected to smart phones, tablets and the Internet. When that thing happens to be a medical device, the risks and benefits of connectivity must be carefully weighed. Once the decision is made that connecting the device is beneficial, medical device manufacturers must design their products to maintain patient safety and prevent compromised personal health information in the face of cybersecurity threats. In his session at @ThingsExpo...
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...