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Schneider Electric commands a substantial market share in the industrial DSM sector, thanks to its broad range of tailored solutions, exceptional reliability, and customer-focused approach. Leveraging a robust global presence, well-established distribution networks, and strategic partnerships, Schneider Electric effectively caters to diverse international markets. Their continuous investment in research and development ensures their solutions remain technologically advanced and adept at meeting the dynamic needs of their clients.
Major key players operating across the industrial demand side management industry are:
Dexma Sensors SL, Eaton, Emerson Electric Co., eSight Energy, General Electric, Rockwell Automation, Inc., Schneider Electric, Siemens, SkyFoundry, and Telkonet, Inc. among others.
Asia Pacific market for industrial demand side management is set to surpass USD 23.9 billion by 2032, as the governments across the region are implementing regulations and incentives to promote energy efficiency and demand response.
The market size of industrial demand side management was worth USD 24.5 billion in 2023 and will showcase about 11.8% CAGR through 2032, due to the adoption of advanced technologies such as smart meters, IoT sensors, and artificial intelligence.
The AMI meters technology segment is anticipated to record a CAGR of 11.4% through 2032, as they provide precise, real-time data on energy consumption, enabling detailed analysis and better load management.