DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rdg5jb/global_demand) has announced the addition of the "Global Demand Response (DR) Market 2014-2018" report to their offering.
The Global Demand Response Market to grow at a CAGR of 16.6% during 2013-2018
The report covers the Global Demand Response market landscape and its growth prospects in the coming years. The report also includes end-user and region wise segmentation of the Demand Response market. Information about key vendors operating in this market is also provided.
The increase in the number of renewable energy installations is one of the key emerging trends in the market. DR is a potential solution that helps manage and reduce the electricity demand during peak periods. It helps meet unexpected demands on the grid when renewable energy sources that are available normally become suddenly unavailable.
According to the report, one of the major drivers in this market is the increase in smart meter deployment, which helps track frequent data exchanges between the meter and the utility and allows consumers to have timely and easily accessible information about their usage. It provides consumers with new information that helps them better manage their electricity usage.
Further, the report states that one of the major challenges that the market confronts is the lack of consumer awareness. Consumers are unfamiliar with the benefits of DR programs and are against the observed burdens of participation and the risks in DR programs.
Key Vendors
- ABB
- Honeywell International
- Johnson Controls
- Schneider Electric
- Siemens AG
Other Prominent Vendors
- Enernoc
- GE
- Comverge
- Eaton
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/rdg5jb/global_demand
