Global Demand Response (DR) Market 2025-2029

Demand Response (DR) Market 2025-2029


The demand response (DR) market is forecasted to grow by USD 3296 mn during 2024-2029, accelerating at a CAGR of 8.4% during the forecast period. The report on the demand response (DR) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing gap between electricity supply and demand, increased cost of electricity, and growing government support to manage shortage of electricity.

Technavio's demand response (DR) market is segmented as below:

By Product
  • Hardware and software
  • Service
By End-user
  • Industrial
  • Residential
  • Commercial
By Geographical Landscape
  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emerging concept of internet of things as one of the prime reasons driving the demand response (DR) market growth during the next few years. Also, increased generation of electricity from clean energy sources and emergence of data-driven demand response will lead to sizable demand in the market.

The report on the demand response (DR) market covers the following areas:
  • Demand Response (DR) Market sizing
  • Demand Response (DR) Market forecast
  • Demand Response (DR) Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading demand response (DR) market vendors that include ABB Ltd., ALSTOM SA, Cisco Systems Inc., 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.. Also, the demand response (DR) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
  • Historic Market Size
    • Global Demand Response (DR) Market 2019 - 2023
      • Table Historic Market Size - Data Table on Global Demand Response (DR) Market 2019 - 2023 ($ million)
    • Product segment analysis 2019 - 2023
    • End-user segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
    • Country segment analysis 2019 - 2023
  • Qualitative Analysis
    • AI impact on Global Demand Response (DR) Market
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Product
    • Market segments
      • Table Data Table on Product - Market share 2024-2029 (%)
    • Comparison by Product
      • Table Data Table on Comparison by Product
    • Hardware and software - Market size and forecast 2024-2029
      • Table Data Table on Hardware and software - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Hardware and software - Year-over-year growth 2024-2029 (%)
    • Service - Market size and forecast 2024-2029
      • Table Data Table on Service - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Service - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Product
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2024-2029 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Industrial - Market size and forecast 2024-2029
      • Table Data Table on Industrial - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Industrial - Year-over-year growth 2024-2029 (%)
    • Residential - Market size and forecast 2024-2029
      • Table Data Table on Residential - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Residential - Year-over-year growth 2024-2029 (%)
    • Commercial - Market size and forecast 2024-2029
      • Table Data Table on Commercial - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Commercial - Year-over-year growth 2024-2029 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2024-2029
      • Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on North America - Year-over-year growth 2024-2029 (%)
    • Europe - Market size and forecast 2024-2029
      • Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
    • APAC - Market size and forecast 2024-2029
      • Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
    • South America - Market size and forecast 2024-2029
      • Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on South America - Year-over-year growth 2024-2029 (%)
    • Middle East and Africa - Market size and forecast 2024-2029
      • Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • Canada - Market size and forecast 2024-2029
      • Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
    • Germany - Market size and forecast 2024-2029
      • Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
    • UK - Market size and forecast 2024-2029
      • Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UK - Year-over-year growth 2024-2029 (%)
    • France - Market size and forecast 2024-2029
      • Table Data Table on France - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on France - Year-over-year growth 2024-2029 (%)
    • China - Market size and forecast 2024-2029
      • Table Data Table on China - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on China - Year-over-year growth 2024-2029 (%)
    • India - Market size and forecast 2024-2029
      • Table Data Table on India - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on India - Year-over-year growth 2024-2029 (%)
    • Japan - Market size and forecast 2024-2029
      • Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
    • Brazil - Market size and forecast 2024-2029
      • Table Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on Brazil - Year-over-year growth 2024-2029 (%)
    • UAE - Market size and forecast 2024-2029
      • Table Data Table on UAE - Market size and forecast 2024-2029 ($ million)
      • Table Data Table on UAE - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increasing gap between electricity supply and demand
      • Increased cost of electricity
      • Growing government support to manage shortage of electricity
    • Market challenges
      • Growing threat of hacking
      • Limited application of demand response in bulk power system
      • Lack of consistent profitability
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Emerging concept of internet of things
      • Increased generation of electricity from clean energy sources
      • Emergence of data-driven demand response
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • ABB Ltd.
    • Cisco Systems Inc.
    • Eaton Corp plc
    • Enel Spa
    • General Electric Co.
    • Hitachi Ltd.
    • Honeywell International Inc.
    • Itron Inc.
    • Johnson Controls International Plc
    • LS Power Development LLC
    • Mitsubishi Electric Corp.
    • Oracle Corp
    • Schneider Electric SE
    • Siemens AG
    • Toshiba Corp.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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