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North America Automated Demand Responses Management Market: By Service: Curtailment Services, System Integration and Consulting Services, Managed Services, Support and Maintenance Services; By End User: Manufacturing, Commercial Building, Agriculture, Others; Regional Analysis; Competitive Landscape; 2024-2032
North America Automated Demand Responses Management Market Outlook
The North America automated demand responses management market size is projected to grow at a CAGR of 24.5% between 2024 and 2032. The market is being driven by the growing adoption of renewable energy sources and the rising focus on optimising energy consumption.
Key Takeaways
- As per the Canada Green Building Council, buildings account for 30% of the total greenhouse gas emissions.
- Retail electricity prices surged by 2.5% y-o-y in 2022 in the USA, which is expected to favour the market.
- The US government has invested $61 million in retrofitting buildings, which can contribute to market growth.
Automated demand response (ADR) management systems are designed to minimise energy consumption during peak demand periods by relying on automated technologies. This enables commercial property owners to reduce their carbon footprint and save money on electricity bills. By utilising real-time information from energy meters and building control systems, ADR systems can automatically modify the settings of HVAC and lighting systems in unused areas to prevent energy wastage.
The market is being driven by technological developments in the power sector, rising electricity consumption, and the shift towards sustainability. During peak hours, electrical grids bear an overwhelming surge in electricity demand, which necessitates the need for an ADR system to prevent wasteful consumption and still meet consumer demand.
Extreme climatic conditions are leading to an increase in the consumption of energy from non-renewable sources, which is prompting a consumer shift towards renewable sources. This is expected to lead to the North America automated demand responses management market growth in the forecast period.
Key Trends and Developments
Rising electricity costs; increase in usage of Distributed Energy Resources (DERs); rise in construction of smart buildings; and a surge in consumer participation are the major trends impacting the market growth.
| Date | Event |
| Aug. 31st 2023 | San Diego Gas & Electric pilot tested a unique virtual power plant, which connects smart thermostats within a centralised system to minimise energy demand and reduce the load on electrical grids. |
| Aug. 29th 2023 | Copeland signed a deal with Enersponse to enable food retailers to reduce their electricity consumption and stabilise the power grid during peak demand times. |
| July 10th 2023 | LG Electronics partnered with OhmConnect (an energy solutions company which serves 200,000 American households) to provide automated demand response services to people residing in California, Texas, and New York. |
| May 19th 2022 | Virtual Peaker and FortisBC decided to launch a pilot testing program for ADR systems in Canada. |
| Trend | Description |
| Rising electricity costs | In 2023, the monthly electricity bill paid by an average American household was $133, an increase of 5% from 2022 |
| Increase in usage of Distributed Energy Resources (DERs) | As consumers switch towards solar panels, battery storage systems, and other sources of energy, the need for integrating ADR systems can become increasingly important for ensuring efficient usage. |
| Increase in construction of smart buildings in North America | In October 2021, the United States government invested $61 million into the construction of smart buildings to promote grid resilience and renewable sources of energy. |
| Increase in consumer participation in the energy market | Many energy companies are expected to incentivise consumers who reduce their electricity consumption and contribute towards stabilising the demand-supply gap during peak hours. |
North America Automated Demand Responses Management Market Trends
The monthly consumption of electricity in the United States rose from 886 kWh to 907 kWh between 2021 and 2022. This was due to an increase in cooling and heating requirements during the hot and cold weather, respectively. ADR management systems can prevent the excessive utilisation of electricity when not required and contribute to the energy efficiency of buildings. In the USA, the prices of residential retail electricity increased from 13.66 cents/kWh to 15.12 cents/kWh between 2021 and 2022. This trend is likely to sustain and impact the North America automated demand responses management market development favourably in the coming years.
The investment of $61 million is focused on creating connected communities, in which mechanical devices, including HVAC systems and lighting bulbs, can interact with the electrical grid to conserve energy and decarbonise the construction sector. The beneficiaries of this funding include IBACOS, Inc. (NC), Electric Power Research Institute, Inc., and Portland General Electric, among others.
Market Segmentation
“North America Automated Demand Responses Management Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Service | Curtailment Services, System Integration and Consulting Services, Managed Services, Support and Maintenance Services |
| End-User | Manufacturing, Commercial Building, Agriculture, Energy and Power, Public Buildings |
| Country | United States of America, Canada |
Commercial and public buildings are expected to constitute a significant portion of the North America automated demand responses management market share
Commercial and public buildings represent a major market share. This can be attributed to the introduction of government regulations to promote the energy efficiency of buildings and increasing investments in the sector for retrofitting existing residential houses and projects. With increasing innovations in the product offerings of energy and power companies, it is expected that the market will witness significant growth in the coming years.
Competitive Landscape
Major players in the North America automated demand responses management market are researching upcoming technologies to boost the potential of innovative ADR management systems.
| Company | Year Incorporated | Location | Industry | Services |
| Honeywell International Inc. | 1999 | North Carolina, United States | Aerospace, construction, and chemical manufacturing | Providing services and software solutions |
| Siemens AG | 1847 | Munich, Germany | Healthcare, transportation, and infrastructure development | Providing technological solutions and financial services |
| Eaton Corporation plc | 1911 | Dublin, Ireland | Hydraulic, aerospace, electrical, and vehicle components | Manufacturing and related products and services |
| Itron Inc. | 1977 | Washington, USA | Infrastructure solutions for smart cities and buildings | Providing critical infrastructure solutions across 100 countries |
Other key players in the North America automated demand responses management market include Autogrid Systems, Inc., Johnson Controls International plc, Hubbell Incorporated, and Open Access Technology International, Inc., among others.
North America Automated Demand Responses Management Market Analysis by Region
Canada is expected to dominate the market in the forecast period. This is because of increasing government investments aimed at retrofitting millions of commercial, institutional, and residential buildings in Canada through the Greener Neighborhoods Pilot Program and the Deep Retrofit Accelerator Initiative.
In September 2023, ABB Canada, a technology company, signed a deal with Canada’s export credit agency EDC to drive consumer awareness regarding clean technologies and boost their adoption through a $2.9 million funding support. Retrofitting projects currently being undertaken by Canadian universities, including McMaster University, are expected to drive the North America automated demand responses management market progress.
Meanwhile, the market in the US is expected to grow rapidly in the forecast period due to the increasing electricity prices in the country.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service |
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| Breakup by End User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Automated Demand Responses Management Market Overview
8.1 Key Industry Highlights
8.2 Global Automated Demand Responses Management Historical Market (2018-2023)
8.3 Global Automated Demand Responses Management Market Forecast (2024-2032)
8.4 Global Automated Demand Responses Management Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Automated Demand Responses Management Market Overview
9.1 Key Industry Highlights
9.2 North America Automated Demand Responses Management Historical Market (2018-2023)
9.3 North America Automated Demand Responses Management Market Forecast (2024-2032)
10 North America Automated Demand Responses Management Market by Service
10.1 Curtailment Services
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 System Integration and Consulting Services
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Managed Services
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Support and Maintenance Services
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 North America Automated Demand Responses Management Market by End User
11.1 Manufacturing
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Commercial Building
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Agriculture
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Energy and Power
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Public Buildings
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
12 North America Automated Demand Responses Management Market by Country
12.1 United States of America
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Canada
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Price
13.4 Key Indicators for Demand
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Honeywell International Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Siemens AG
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Autogrid Systems, Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Eaton Corporation plc
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Johnson Controls International plc
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Itron Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Hubbell Incorporated
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Open Access Technology International, Inc.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automated Demand Responses Management Market: Key Industry Highlights, 2018 and 2032
2. North America Automated Demand Responses Management Market: Key Industry Highlights, 2018 and 2032
3. North America Automated Demand Responses Management Historical Market: Breakup by Service (USD Million), 2018-2023
4. North America Automated Demand Responses Management Market Forecast: Breakup by Service (USD Million), 2024-2032
5. North America Automated Demand Responses Management Historical Market: Breakup by End User (USD Million), 2018-2023
6. North America Automated Demand Responses Management Market Forecast: Breakup by End User (USD Million), 2024-2032
7. North America Automated Demand Responses Management Historical Market: Breakup by Country (USD Million), 2018-2023
8. North America Automated Demand Responses Management Market Forecast: Breakup by Country (USD Million), 2024-2032
9. North America Automated Demand Responses Management Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 24.5% between 2024 and 2032.
The market is being driven by technological developments in construction automation, rising electricity consumption, and the shift towards sustainability.
The key trends aiding the market expansion include rising electricity costs, an increase in the usage of Distributed Energy Resources (DERs); and an increase in the construction of smart buildings.
Curtailment services, system integration and consulting services, managed services, and support and maintenance services are the different services offered by automated demand reponses management.
The major applications of automated demand responses management systems include manufacturing, commercial building, agriculture, energy and power, and public buildings.
The major countries include the United States of America and Canada.
The major players in the market are Honeywell International Inc., Siemens AG, Autogrid Systems, Inc., Eaton Corporation plc, Johnson Controls International plc, Itron Inc., Hubbell Incorporated, and Open Access Technology International, Inc., among others.
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