Demand Response (DR) Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 182 SKU: IRTNTR41453

Demand Response (DR) Market Forecast 2024-2028

The demand response (DR) market size is forecast to increase by USD 2.90 billion and is estimated to grow at a CAGR of 8.01% between 2023 and 2028.  The report includes historic market data from 2018 - 2022. The market is witnessing a growing demand due to factors such as the emerging concept of the internet of things, the increased generation of electricity from clean energy sources, and the emergence of data-driven demand response. 

Demand Response (DR) Market Overview :

  • The hardware and software segment is fastest-growing segment during the forecast year
  • The  hardware and software segment was the largest segment and valued at USD 4.14 billion in 2017
  • The Regional Analysis consists of North America, Europe, APAC, South America, and Middle East and Africa
  • North America is is most dominating region during the forecast period
  • It also includes an in-depth analysis of driver (increasing gap between electricity supply and demand), trend (increased generation of electricity from clean energy sources), and challenge (growing threat of hacking) 

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Market Trends 

Increased generation of electricity from clean energy sources is the primary trend shaping market growth. The governments in many countries are now imposing regulations to increase the percentage of energy generated from clean sources. Following this requirement, various utilities are likely to allow electricity consumers to generate power through renewable sources. This will make conventional energy consumers become energy producers by allowing them to invest in clean energy sources, such as small rooftop solar systems and mid-sized wind farms. 

Consequently, multiple government initiatives across the globe are focusing on green energy production are going to attract new projects in the renewable energy sectors. For example, power generation from renewable energy sources is picking pace in various countries, such as India, the UK, and China, due to the rising concerns about depleting natural resources and increased government support. Therefore, such factors will drive the growth of the market during the forecast period.

Market  Largest-Growing Segments 

Product 

The hardware and software segment will be significant during the forecast period. The traditional DR methods increased the burden on customers to manage the programs and made wrong predictions occasionally due to erroneous calculations. On the other hand, hardware- and software-based DR systems first gained popularity in the US, owing to the availability of a large supportive infrastructure, such as internet connectivity and advanced technologies. Such aggregators have started pushing smart devices into the buildings, which has empowered them to control the appliances of end-users from remote locations. 

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As hardware and software are intertwined, they cannot be excluded from the overall DR system. High-end software comprises a wide range of computing capabilities and offers advanced analytics tools to predict energy utilization more accurately. Furthermore, by keeping technology at the forefront, the vendors focused their R&D expenses on hardware and software to provide highly sophisticated solutions to end-users. The IoT implementation in industrial and commercial sectors is likely to provide a great opportunity for the global market by hardware and software during the forecast period. 

Market Regional Analysis

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North America is estimated to contribute 60% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The US and Canada are the major revenue contributors to the market in North America, owing to the awareness among end-users about the benefits of DR programs. The US is the second largest energy consumer in the world after China. The rising levels of economic development are further stressing the importance of energy conservation and optimization in commercial facilities in the US.

Moreover, with a view to reducing energy requirements, utility companies are rapidly collaborating with DR aggregators to initiate several energy-saving programs. Similarly, government agencies in the US are constantly amending the directives for end-users and utilities to manage energy sustainably. This will continue to create demand for DR in the US. Hence, such factors are expected to drive the market growth in the region during the forecast period.  

Market Dynamic

Key Driver

The increasing gap between electricity supply and demand is the key factor notably driving market growth. The growing urbanization and population are increasing the need for electricity worldwide.  The shortage of coal is also affecting electricity generation processes, which is leading to a shortage in the electricity supply. Furthermore, with more variable generation, both transmission and distributor system operators require tools and resources to maintain reliability while addressing the short, steep ramps and moderate load requirements.

Consequently, transmission and distribution systems require DR to increase the overall flexibility of the system, such as magnifying balancing areas, increasing the ramping capability of the generation fleet, leveraging dispatchable demand resources, inserting power flow controllers, and raising energy storage to maintain reliability. Therefore, such factors will boost market growth during the forecast period. 

Significance Challenges

The growing threat of hacking is a challenge that affects market growth. The rising number of end-users of DR poses a threat to these automation systems by making the data vulnerable to unauthorized access. Likewise, wireless devices, such as smart thermostats and smart meters, are highly prone to get hacked. Thus, information related to processes, people, and critical data becomes insecure. Moreover, DR management software provides an interface for all the hardware that comes under a utility's judication. 

Furthermore, the modern security threat stipulates dual authentication, multi-layer encryption, and physical tamper detection to protect its hardware, data transmission, and data storage from cyber-attacks. This high level of security may further increase the overall cost of DR solutions. Therefore, such factors will hinder the DR market growth during the forecast period. 

Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Major Demand Response (DR) Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • ABB Ltd.: The company offers a demand response system that covers electricity use in order to reduce the total cost of production.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • ALSTOM SA
  • Cisco Systems Inc.
  • Cpower
  • Eaton Corp. Plc
  • Encycle Corp.
  • Enel Spa
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Itron Inc.
  • Johnson Controls International Plc
  • Landis Gyr AG
  • Lockheed Martin Corp.
  • LS Power Development LLC
  • Mitsubishi Electric Corp.
  • Oracle Corp.
  • Schneider Electric SE
  • Siemens AG
  • Toshiba Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The Market is experiencing significant growth driven by advancements in technology and regulatory frameworks, particularly in the U.S. Smart grid roll-outs enable bidirectional communication between utilities and customers, facilitating customer energy management systems and integration of renewable energy. DR programs and policies, such as those implemented by the U.S. Green Building Council's LEED DR Pilot program, incentivize building owners to participate by offering LEED credits. This encourages energy efficiency and reduces carbon emissions during peak demand periods, enhancing grid stability and sustainability.

Across residential, commercial, and industrial segments, intelligent metering and advanced ICT DSM solutions enable effective energy management, while distributed energy resources and electric vehicle charging stations further enhance responsiveness to grid requirements. The DR market continues to grow alongside hardware technology improvements and smart grid deployment, catering to evolving utility verticals and peak demand requirements.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Product Outlook
    • Hardware and software
    • Service
  • End-user Outlook
    • Industrial
    • Residential
    • Commercial
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Demand Response (DR) Market Scope

Report Coverage

Details

Page number

182

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.01%

Market growth 2024-2028

USD 2.90 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.25

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 60%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., ALSTOM SA, Cisco Systems Inc., Cpower, Eaton Corp. Plc, Encycle Corp., Enel Spa, General Electric Co., Hitachi Ltd., Honeywell International Inc., Itron Inc., Johnson Controls International Plc, Landis Gyr AG, Lockheed Martin Corp., LS Power Development LLC, Mitsubishi Electric Corp., Oracle Corp., Schneider Electric SE, Siemens AG, and Toshiba Corp.

Market dynamics

Parent market analysis, Market forecasting, market growth and trends, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global demand response market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global demand response market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Hardware and software - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Hardware and software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Hardware and software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Hardware and software - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Hardware and software - Year-over-year growth 2023-2028 (%)
    • 6.4 Service - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Service - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Service - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Service - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Service - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Industrial - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Industrial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Industrial - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • 7.4 Residential - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Residential - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • 7.5 Commercial - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 60: Market opportunity by End-user ($ billion)
      • Exhibit 61: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Canada - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 China - Market size and forecast 2023-2028
      • Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 115: ABB Ltd. - Overview
              • Exhibit 116: ABB Ltd. - Business segments
              • Exhibit 117: ABB Ltd. - Key offerings
              • Exhibit 118: ABB Ltd. - Segment focus
            • 12.4 Cisco Systems Inc.
              • Exhibit 119: Cisco Systems Inc. - Overview
              • Exhibit 120: Cisco Systems Inc. - Business segments
              • Exhibit 121: Cisco Systems Inc. - Key news
              • Exhibit 122: Cisco Systems Inc. - Key offerings
              • Exhibit 123: Cisco Systems Inc. - Segment focus
            • 12.5 Eaton Corp. Plc
              • Exhibit 124: Eaton Corp. Plc - Overview
              • Exhibit 125: Eaton Corp. Plc - Business segments
              • Exhibit 126: Eaton Corp. Plc - Key news
              • Exhibit 127: Eaton Corp. Plc - Key offerings
              • Exhibit 128: Eaton Corp. Plc - Segment focus
            • 12.6 Enel Spa
              • Exhibit 129: Enel Spa - Overview
              • Exhibit 130: Enel Spa - Product / Service
              • Exhibit 131: Enel Spa - Key offerings
            • 12.7 General Electric Co.
              • Exhibit 132: General Electric Co. - Overview
              • Exhibit 133: General Electric Co. - Business segments
              • Exhibit 134: General Electric Co. - Key news
              • Exhibit 135: General Electric Co. - Key offerings
              • Exhibit 136: General Electric Co. - Segment focus
            • 12.8 Hitachi Ltd.
              • Exhibit 137: Hitachi Ltd. - Overview
              • Exhibit 138: Hitachi Ltd. - Business segments
              • Exhibit 139: Hitachi Ltd. - Key news
              • Exhibit 140: Hitachi Ltd. - Key offerings
              • Exhibit 141: Hitachi Ltd. - Segment focus
            • 12.9 Honeywell International Inc.
              • Exhibit 142: Honeywell International Inc. - Overview
              • Exhibit 143: Honeywell International Inc. - Business segments
              • Exhibit 144: Honeywell International Inc. - Key news
              • Exhibit 145: Honeywell International Inc. - Key offerings
              • Exhibit 146: Honeywell International Inc. - Segment focus
            • 12.10 Itron Inc.
              • Exhibit 147: Itron Inc. - Overview
              • Exhibit 148: Itron Inc. - Business segments
              • Exhibit 149: Itron Inc. - Key offerings
              • Exhibit 150: Itron Inc. - Segment focus
            • 12.11 Johnson Controls International Plc
              • Exhibit 151: Johnson Controls International Plc - Overview
              • Exhibit 152: Johnson Controls International Plc - Business segments
              • Exhibit 153: Johnson Controls International Plc - Key news
              • Exhibit 154: Johnson Controls International Plc - Key offerings
              • Exhibit 155: Johnson Controls International Plc - Segment focus
            • 12.12 LS Power Development LLC
              • Exhibit 156: LS Power Development LLC - Overview
              • Exhibit 157: LS Power Development LLC - Product / Service
              • Exhibit 158: LS Power Development LLC - Key offerings
            • 12.13 Mitsubishi Electric Corp.
              • Exhibit 159: Mitsubishi Electric Corp. - Overview
              • Exhibit 160: Mitsubishi Electric Corp. - Business segments
              • Exhibit 161: Mitsubishi Electric Corp. - Key news
              • Exhibit 162: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 163: Mitsubishi Electric Corp. - Segment focus
            • 12.14 Oracle Corp.
              • Exhibit 164: Oracle Corp. - Overview
              • Exhibit 165: Oracle Corp. - Business segments
              • Exhibit 166: Oracle Corp. - Key news
              • Exhibit 167: Oracle Corp. - Key offerings
              • Exhibit 168: Oracle Corp. - Segment focus
            • 12.15 Schneider Electric SE
              • Exhibit 169: Schneider Electric SE - Overview
              • Exhibit 170: Schneider Electric SE - Business segments
              • Exhibit 171: Schneider Electric SE - Key news
              • Exhibit 172: Schneider Electric SE - Key offerings
              • Exhibit 173: Schneider Electric SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 174: Siemens AG - Overview
              • Exhibit 175: Siemens AG - Business segments
              • Exhibit 176: Siemens AG - Key news
              • Exhibit 177: Siemens AG - Key offerings
              • Exhibit 178: Siemens AG - Segment focus
            • 12.17 Toshiba Corp.
              • Exhibit 179: Toshiba Corp. - Overview
              • Exhibit 180: Toshiba Corp. - Business segments
              • Exhibit 181: Toshiba Corp. - Key news
              • Exhibit 182: Toshiba Corp. - Key offerings
              • Exhibit 183: Toshiba Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 184: Inclusions checklist
                • Exhibit 185: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 186: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 187: Research methodology
                • Exhibit 188: Validation techniques employed for market sizing
                • Exhibit 189: Information sources
              • 13.5 List of abbreviations
                • Exhibit 190: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              demand response (dr) market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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