Past News Releases
RSSDallas, Texas (PRWEB) October 04, 2014
Growing energy intelligence software is one major trend that prevails in the DR market in the US. This software provides real-time visibility of energy consumption and details of the pattern of electricity usage. The integration of energy intelligence software with DR provides detailed electricity consumption information to users, such as how much energy has been used during on- and off-peak loads and how much money has been saved by using DR.
Analysts forecast the Demand Response market in the US to grow at a CAGR of 8.4 percent over the period 2013-2018. According to the report, the growing cost of electricity is one of the main drivers of the market. Increased population and urbanization have resulted in high demand for power. Increased growth in population and depletion of fossil fuels has resulted in an increase in the cost of electricity.
Demand responses are programs that are used to reduce energy consumption and encourage customers to use less electricity during peak periods or shift their energy usage during off-peak periods to reduce their electricity bills. Demand response programs were first employed in the US in the 1970s. A demand response acts as a link between retail customers and distributors of electricity. A demand response improves resource efficiency of electricity production because it acts as the direct link between the consumer and the operator.
Covered in this Report:
The Demand Response Market in the US 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report provides a detailed study of the end-user segmentation based on demand and growth patterns of demand response; it also covers the Demand Response market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Demand Response (DR) Market in the US: ABB, Honeywell International Inc., Johnson Controls, Schneider Electric and Siemens AG.
Other Prominent Vendors in the market are: Comverge, Eaton, Enernoc and GE.
Order a copy of this report at (Prices start at US $2500 for a single user PDF) http://www.sandlerresearch.org/purchase?rname=25171.
Key Market Driver
- Increasing Cost of Electricity
- For a full, detailed list, view our report
Key Market Trend
- Growing Demand for Energy Intelligence Software
- For a full, detailed list, view our report
Further, the report states that Difficulty in baseline determination is one of the major challenges that the market faces. Baseline determination is the measurement and verification of total actual energy sent by ISOs and RTOs to users and total actual energy consumed by users.
Key Questions Answered in this Report:
- What will the market size be in 2018 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?
Major Points from Table of Contents:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by End-users
08. Market Segmentation by Programs
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
36 - List of Exhibits
Explore other new reports on Energy & Power Market.
About US
Sandlerresearch.org (http://www.sandlerresearch.org/) is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.