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Global demand response (DR) market's future forecasts from 2017 to 2021 released

Industrial Market Research

This report covers the present scenario and the growth prospects of the global demand response (DR) market for 2017-2021.

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Report : Global Demand Response (DR) Market 2017-2021 is a new market research publication announced by Reportstack. 

Report Outline: Demand response (DR) is defined as the change in power consumption by a utility's customers to reduce the gap between demand and supply of electricity. DR solutions help capture the benefits of time-based rates or financial incentives by consumers.

This is done by reducing or shifting their electricity consumption during the peak hours of demand.

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DR further helps electricity providers to decrease costs by reducing the peak demand and prevents power companies from investing in new plants to meet the excess energy demand.

Thus, the power and energy industries consider DR programs as an extremely valuable resource whose capabilities are expanded by grid modernization efforts.

For detailed report with TOC, please click here ​Global Demand Response (DR) Market 2017-2021

Market Growth: The global demand response (DR) market to grow at a CAGR of 15.85% during the period 2017-2021.

Key vendors 
• CPower
• EnerNOC 
• Honeywell International
• Itron (Comverge)
• Schneider Electric
• Siemens

Other prominent vendors 
• Cisco
• Eaton
• Landis+Gyr
• Oracle
• Toshiba

Regions Covered: 

• Americas

Companies Mentioned

ABB, CPower, EnerNOC, Honeywell International, Itron (Comverge), Schneider Electric, and Siemens. ALSTOM, Cisco, Eaton, Landis+Gyr, Oracle, and Toshiba.

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