Market Overview:
The global automated demand response systems market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about energy conservation and rising demand for energy-efficient solutions. In addition, the growing penetration of smart grids is also contributing to the growth of this market. The global automated demand response systems market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into hardware, software & service. The hardware segment is further sub-segmented into controllers & meters, switches & relays and others (including storage devices). By application, it can be classified into household, commercial and industrial segments. Geographically speaking, North America dominates this market followed by Europe and Asia Pacific respectively.
Product Definition:
An automated demand response system is a computer-controlled system that uses sensors and software to manage electricity use in commercial or industrial buildings. The purpose of an automated demand response system is to help building owners save money on their energy bills by reducing electricity use during periods of peak demand.
Hardware:
Hardware is the part of automated demand response systems that includes control devices, communication devices and metering & billing equipment. The hardware components are used to set up a connection between the smart meters and the A2P (Automatic To People) application which helps in measuring energy consumption by households. It also helps in displaying information such as power usage effectiveness (PUE), real-time pricing, time of use etc., on LCD or LED screens installed at homes or business places.
Software & Service:
Software & Service is the part of ADR systems that provides solutions for automating processes and functions involved in Demand Response (DR) systems. It helps to manage data, automate tasks, record transactions and monitor system performance. Software & Services can be used with any type of demand response system such as weather based or price based DR systems.
Application Insights:
The demand response systems market is segmented on the basis of applications into residential, commercial and industrial. The residential sector accounted for a share of over 60% in 2017. Automated demand response systems have been gaining traction in the residential sector owing to growing awareness about energy conservation among consumers and an increase in the number of smart meters across households. Furthermore, government initiatives such as feed-in tariff schemes that offer financial benefits to consumers for installing solar panels are expected to drive growth further.
The commercial application segment is anticipated to witness significant growth over the forecast period owing to various advantages offered by ADRS including increased system reliability and reduced operating costs associated with billing & metering compared with manual Demand Response Management (DRM) solutions currently used across several industries such as power generation & distribution, oil & gas etc.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing awareness about automation among customers, vendors, and utilities. Moreover, growing penetration of smart meters is expected to drive demand response systems over the forecast period. In addition, technological advancements such as artificial intelligence (AI) and machine learning are further expected to fuel regional growth over the next eight years.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to rising adoption of IoT technologies coupled with increasing government initiatives for energy conservation in countries such as China and India.
Growth Factors:
- Increasing demand for energy efficiency and sustainability in the commercial and industrial sectors
- Rapid growth of the Internet of Things (IoT) and big data analytics, which will help to increase the adoption rate of automated demand response systems
- Favorable government policies and regulations related to energy efficiency
- Growing awareness about the benefits of automated demand response systems among businesses and consumers
- Advancements in technology that make automated demand response systems more efficient, reliable, and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Demand Response Systems Market Research Report
By Type
Hardware, Software & Service
By Application
Household, Commercial, Industrial
By Companies
ABB, Eaton, General Electric, Honeywell International, Schneider Electric, Siemens AG, Tantalus Systems Corp. (Energate), Open Access Technology International, Verdigris Technologies, Oracle, Enel X, Ormat Technologies, Trilliant Holdings, AutoGrid Systems, Encycle, Direct Technology (ESG), Conservation Resource Solutions, Operation Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Automated Demand Response Systems Market Report Segments:
The global Automated Demand Response Systems market is segmented on the basis of:
Types
Hardware, Software & Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Eaton
- General Electric
- Honeywell International
- Schneider Electric
- Siemens AG
- Tantalus Systems Corp. (Energate)
- Open Access Technology International
- Verdigris Technologies
- Oracle
- Enel X
- Ormat Technologies
- Trilliant Holdings
- AutoGrid Systems
- Encycle
- Direct Technology (ESG)
- Conservation Resource Solutions
- Operation Technology
Highlights of The Automated Demand Response Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software & Service
- By Application:
- Household
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Demand Response Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automated demand response systems (ARDS) are a type of energy management system that uses sensors to detect when electricity usage is above or below predetermined thresholds, and then automatically reduces power consumption in order to avoid overloading the grid. ARDS can be used to reduce peak demand, save energy during off-peak hours, and improve grid reliability.
Some of the key players operating in the automated demand response systems market are ABB, Eaton, General Electric, Honeywell International, Schneider Electric, Siemens AG, Tantalus Systems Corp. (Energate), Open Access Technology International, Verdigris Technologies, Oracle, Enel X, Ormat Technologies, Trilliant Holdings, AutoGrid Systems, Encycle, Direct Technology (ESG), Conservation Resource Solutions, Operation Technology.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Demand Response Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated Demand Response Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Demand Response Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated Demand Response Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated Demand Response Systems Market Size & Forecast, 2018-2028
4.5.1 Automated Demand Response Systems Market Size and Y-o-Y Growth
4.5.2 Automated Demand Response Systems Market Absolute $ Opportunity
Chapter 5 Global Automated Demand Response Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automated Demand Response Systems Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software & Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automated Demand Response Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automated Demand Response Systems Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Demand Response Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Demand Response Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automated Demand Response Systems Analysis and Forecast
9.1 Introduction
9.2 North America Automated Demand Response Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automated Demand Response Systems Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software & Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automated Demand Response Systems Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automated Demand Response Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Automated Demand Response Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automated Demand Response Systems Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software & Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automated Demand Response Systems Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automated Demand Response Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automated Demand Response Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automated Demand Response Systems Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software & Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automated Demand Response Systems Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automated Demand Response Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Automated Demand Response Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automated Demand Response Systems Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software & Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automated Demand Response Systems Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automated Demand Response Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automated Demand Response Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automated Demand Response Systems Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software & Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automated Demand Response Systems Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Demand Response Systems Market: Competitive Dashboard
14.2 Global Automated Demand Response Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Eaton
14.3.3 General Electric
14.3.4 Honeywell International
14.3.5 Schneider Electric
14.3.6 Siemens AG
14.3.7 Tantalus Systems Corp. (Energate)
14.3.8 Open Access Technology International
14.3.9 Verdigris Technologies
14.3.10 Oracle
14.3.11 Enel X
14.3.12 Ormat Technologies
14.3.13 Trilliant Holdings
14.3.14 AutoGrid Systems
14.3.15 Encycle
14.3.16 Direct Technology (ESG)
14.3.17 Conservation Resource Solutions
14.3.18 Operation Technology
