The Latin America Demand Response Management System (DRMS) Market is Estimated to Grow to $2060.3 Million by 2019 - A Report by MicroMarket Monitor

Share Article

The Latin America Demand Response Management System (DRMS) market is primarily driven by industrialization

MicroMarket Monitor

MicroMarket Monitor

Key Players in the Latin America Demand Response Management System (DRMS) market are GE, Siemens, Schneider Electric, Johnson Controls, ABB, EnerNOC, and Honeywell

The Latin America Demand Response Management System (DRMS) market report defines and segments the concerned market with analysis and forecast of revenue. This market is estimated to grow from $416.8 million in 2014 to $2060.3 million by 2019, at a CAGR of 37.7% from 2014 to 2019.

Demand Response Management System (DRMS) is a peak load management tool with enables users to gain balance between energy supply and demand. Demand Response (DR) and Energy Efficiency (EE) collectively support Demand Side Management (DSM) of energy, which encourages consumers to modify the levels and patterns of electricity consumption, thereby improving the grid reliability.

The DR market space has not picked up pace as expected, due to budgetary constraints for utilities and lack of mandates. The widespread adoption of smart meters and cloud technology platform utilities boosts investments in Research & Development for DR programs.

Early buyers will receive 10% customization on this report.

DRMS empowers Latin America customers to actively participate in energy markets and profit from optimal price conditions, making the grid more efficient and contributing to the integration of renewable energy sources. This region’s energy efficiency directive contains provisions to encourage market actors to facilitate demand response. Increasing use of energy management technologies for both thermal and electric loads boosts the deployment of demand response in both residential as well as non-residential buildings. Occupants staying in buildings and homes consume electricity to a large extent, and therefore play a significant role in ensuring that proper energy management systems (demand response activations) have been deployed.

Speak to Analyst @

This market is segmented on the basis of Solutions into Commercial and Industrial (C&I) DRMS, residential DRMS and Automated DRMS (ADR). It also provides segmentation on the basis of services curtailment services, system integration and consulting services and managed services. It is further segmented on the basis of devices which include smart appliances (DR Enabled), Networked Home Energy Management (HEM), smart thermostats, Load Control (LC) switches and smart plugs. Also this report contains segmentation on the basis of verticals which are manufacturing, office and commercial buildings, Municipal, University, School, and Hospital (MUSH) Systems, power and energy and agriculture.

The report highlights crucial aspects of the Demand Response Management System (DRMS) market in Latin America, such as market share, value chain analysis, and market metrics including drivers and restraints. Additionally, it also presents a comprehensive estimation of leading companies sustaining a firm hold in this marketplace.

Related Reports :

Global Intelligent Network Market

Intelligent Network can be segmented by Hardware, Services and Software. Hardware of Intelligent Network are Networking Hardware. Services of Intelligent Network are Integration and Design, Consulting and Support and Maintenance . Software of Intelligent Network are System & Network Management Software, Security Software and Operating System.

About MicroMarket Monitor :

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Mr. Chandrasekhar K.
5601 Bridge Street
Suite 300
Fort Worth, TX 76112
Tel: +1-888-502-0539
Email: sales(at)micromarketmonitor(dot)com
Connect with us on LinkedIn at

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Mr. Chandrasekhar K.
Follow >
Micro Market Monitor
Like >
Follow us on
Visit website