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Smart Demand Response Industry Share and Size, Market

Analysis, Trends and Growth, End-use And Segment
Forecasts To 2022

The global smart demand response market size is expected to reach USD 24.71 billion by 2022,
according to a new study by Grand View Research, Inc.
Increasing grid deployment is expected to favorably impact market growth. Demand response plays an
important role in electric grid operation by reducing electricity usage during peak hours.
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Introduction of grid technologies is expected to open avenues for the traditional energy infrastructure
vendors. Smart grids when coupled with metering systems; provide information on real time
consumption to the customers as well as suppliers.
Spread of ubiquitous wireless networks as well as internet access, along with the growing level of
intelligence built into HVAC systems, industrial controls, lighting networks and varied other big building
loads is expected to drive the automated DR market.

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Further key findings from the study suggest:
Residential segment is poised to grow at a CAGR higher than the global average, which is a direct
consequence of financial incentives and rebates offered by utilities to domestic customers to persuade
them in the participation of several direct load control programs. The participation of smart buildings in
DR programs to protect electrical grids for the duration of peak energy demand is expected to reduce
loads during high-cost periods, thereby reducing bills.
Industrial applications contributed to over 50% of the revenue in 2014; this large share can be attributed
to DR programs offered by several utilities for maximizing power utilization through adoption of high
efficiency variable speed drives and motors. Industrial customers are also encouraged to participate in
such programs on account of lucrative financial incentives offered to them.
Asia Pacific contributed to over 15% of the market revenue in 2014. DR programs are expected to
increase significantly in the countries of Asia Pacific. Power utilities offer initiatives to reduce peak load
demand on power grids. Components of the initiative include expansion of transformation to thin-tube
(T8) lamps, Time-of-Use (TOU) metering programs, high efficiency refrigerators, and promotion of
compact fluorescent lamps (CFLs) which are expected to boost the DR market growth.
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The market is highly fragmented, with no particular company occupying a majority of the revenue share.
The industry is characterized by companies having a strong hold over a particular region with little or no
influence globally. However, through mergers & acquisitions, key participants have started expanding
globally. Upcoming smart grid projects in countries such as Australia, India, China, and Japan have
attracted prominent players in these regions.
Table Of Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Smart Demand Response - Industry Summary and Critical Success Factors (CSFs)
Chapter 3. Smart Demand Response Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Smart demand response-Value chain analysis

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3.4. Smart demand response market dynamics
3.5. Key opportunities prioritized
3.6. Industry analysis - porter's
3.7. Smart demand response market-PESTEL Analysis, 2014
3.8. Smart demand response-Company market share analysis, 2014
Chapter 4. Smart Demand Response Application Outlook
4.1. Residential
4.2. Commercial
4.3. Industrial
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Chapter 5. Smart Demand Response Regional Outlook
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Latin America
5.5. MEA
Chapter 6. Competitive Landscape
6.1. ABB
6.2. Comverge
6.3. Eaton Corporation plc.
6.4. EnerNOC
6.5. General Electric
6.6. Honeywell
6.7. Johnson Controls
6.8. Opower
6.9. Siemens
6.10. Schneider Electric
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