Los Angeles, CA -- (SBWIRE) -- 09/26/2018 -- This report focuses on the global Commercial Demand Response Management Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Commercial Demand Response Management Systems development in United States, Europe and China.

Demand Response Management System (DRMS) is a proven software platform that allows utilities to manage all aspects of their demand response (DR) programs through a single, integrated system. DRMS can be configured to automatically execute DR events on loads serviced by specific substations or feeder lines when they are under operating stress and threaten reliability.

The United States and Canada are expected to lead the North American market for commercial demand response management systems. There has been a huge increase in installation of smart meters, laying the groundwork for demand response management systems. With 100% electrification in the United States, the country is focusing toward improving the efficiencies of their grid network. In the United States, various incentives and programs are being offered by utilities in increasing participation in the use of demand response management systems. Moreover, the Caribbean and Central American regions have unique near-term opportunities for smart grid investment. This, in turn, provides ample opportunities for commercial demand response management systems in the region.

In 2017, the global Commercial Demand Response Management Systems market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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The key players covered in this study

ABB

Johnson Controls

Schneider Electric

General Electric

Siemens

Honeywell International

Mitsubishi Electric

Fujitsu

EnerNOC

Silver Spring Networks

Market segment by Type, the product can be split into

Conventional

Automated

Market segment by Application, split into

BFSI

Retail

Telecom & IT

Food and Beverages

Others

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

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