Automated Demand Response Management Systems Market 2018: Emerging Technologies, Sales Revenue, Key Players Analysis, Development Status, Opportunity Assessment and Industry Expansion Strategies 2023 | 360 Market Updates

Published on: 21 August 2019

Automated Demand Response Management Systems Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Automated Demand Response Management Systems market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Automated Demand Response Management Systems Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”

Get a Sample PDF of Report @ https://www.360marketupdates.com/enquiry/request-sample/12883802

List of Major Key players operating in the Global Automated Demand Response Management Systems Market are –

  • Silver Spring Networks Inc.
  • Hitachi
  • Ltd.
  • Mitsubishi Electric Corporation
  • Fujitsu Ltd
  • General Electric Co
  • Enernoc Inc
  • Honeywell International Inc.
  • ABB Ltd
  • Schneider Electric SE
  • Siemens AG

The global automated demand response management systems (ADRMS) market value was estimated at USD 39.5 million in 2016, and it is expected to witness robust growth during 2018 - 2023 (henceforth referred to as forecast period). Globally, the rising concerns for the implementation of energy efficient management systems in stressed-out power grids, coupled with factors such as increased retirements of conventional fuel-based power plants are expected to further increase the demand for automated demand response management system during the forecast period. The adoption of technologies, such as digitalization and automation for reducing the electricity demand-supply imbalance, is expected to increase at a rapid rate during the forecast period, and it is expected to create an excellent opportunity for all companies involved in the ADRMS market.

Conventional Power Plants Retirement to Fuel the Demand

Owing to higher energy efficiency and environmental advantages offered by natural gas and renewable based power generation, there is a growing trend across the globe for shifting away from the conventional fuel such as coal and nuclear-based power generation. A rise in the retired coal power plants is observed, as compared to planned new projects, which is almost six to one in India. China is also reducing more coal power plants, as compared to its new builds, and is facing an electricity crisis, with an overall utilization of about 55% from thermal power generation. In other parts of South Asia, Europe, South America, and Africa, the retirement to completion ratio is expected to be four to one. The ratio is expected to create a load on grid stability and give rise to the demand for ADRMS, globally.

Asia-Pacific to Register Highest Market Growth

The demand for electricity has increased exponentially in Asia-Pacific owing to increased urbanization and industrialization activities. However, the transmission and distribution losses in Asia-Pacific remain the highest across the globe. Governments in Asia-Pacific countries are expected to focus extensively on improving the power infrastructure, in order to improve the efficiency and increase renewable mix in the power generation. Various pilot projects pertaining to smart grid technologies have been initiated, which is expected to offer excellent opportunities for ADRMS businesses over the forecast period. However, North America is expected to hold the largest market share during the forecast period with Europe emerging as another significant market for ADRMS business.

Quest for Energy Efficiency and Smart Pricing to fuel the demand for ADRMS in the US

With 100% electrification rate achieved decades ago, the focus of the US Department of Energy (DOE) has not been generation of electricity in recent years. Instead, power companies are emphasizing on increasing the efficiency and implementation of smart pricing mechanism through the installation of smart meters. Deployments reached approximately 70 million smart meters by the end of 2016, and are projected to reach 90 million by 2020. Customers are also accepting ADRMS. Smart pricing programs are also increasing across the United States. Currently, millions of customers (with smart meters across the United States) are enrolled in time-based pricing programs, which reward participants for voluntarily reducing energy consumption during designated peak days, when the demand for electricity is expected to be high. The demand for ADRMS business is expected to further complement from the same, during the forecast period.

Share your query before purchasing this report @ https://www.360marketupdates.com/enquiry/pre-order-enquiry/12883802

Scope of the Report:

The report analyses Automated Demand Response Management Systems market, which includes –

  • Analysis of the growth of Automated Demand Response Management Systems market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Automated Demand Response Management Systems market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Automated Demand Response Management Systems market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Automated Demand Response Management Systems market are discussed.
  • The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Automated Demand Response Management Systems Market Report:

  • Varying dynamics of the Automated Demand Response Management Systems industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
  • Automated Demand Response Management Systems market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Automated Demand Response Management Systems market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

Purchase this report (Price 4250 USD for a single-user license) @ https://www.360marketupdates.com/purchase/12883802

Reasons to Purchase Automated Demand Response Management Systems Market Report:

  • The report analyses how stringent emission control norms will drive the global Automated Demand Response Management Systems market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Automated Demand Response Management Systems market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Automated Demand Response Management Systems:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

Look into Table of Content of Automated Demand Response Management Systems Market Report @ https://www.360marketupdates.com/TOC/12883802#TOC

Contact Info: -

360 Market Updates

Mr. Ajay More

USA: +1 424 253 0807

UK: +44 203 239 8187

[email protected]

Tags:- "Automated Demand Response Management Systems, Automated Demand Response Management Systems Market, Automated Demand Response Management Systems Europe Market, Automated Demand Response Management Systems APAC Market, Automated Demand Response Management Systems Market By Application, Automated Demand Response Management Systems Market By Rising Trends, Automated Demand Response Management Systems Market Development, Automated Demand Response Management Systems Market Forecast, Automated Demand Response Management Systems Market Future, Automated Demand Response Management Systems Market Growth, Automated Demand Response Management Systems Market In Key Countries, Automated Demand Response Management Systems Market Latest Report, Automated Demand Response Management Systems Market Swot Analysis, Automated Demand Response Management Systems Market Top Manufacturers, Automated Demand Response Management Systems Sales Market, Automated Demand Response Management Systems United States Market, Automated Demand Response Management Systems Market share, Automated Demand Response Management Systems Market Size, Automated Demand Response Management Systems market Trends, Automated Demand Response Management Systems Market 2018, Automated Demand Response Management Systems market 2019"

This website uses cookies to ensure you get the best experience on our website.
Learn more