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Frost & Sullivan observed that 2022 was a mixed year for the APAC power and energy sector. While the region benefitted from ending COVID-19 restrictions and increased economic activity, Russia's invasion of Ukraine meant it faced new energy security challenges as commodity prices rose, particularly for liquified natural gas. This has increased the ...

Power backup market, especially Uninterruptible Power Supply (UPS), is gaining a lot of attention due to the demand-supply gap in power distribution, thus providing a vast platform for innovation. This research service covers the UPS systems and service market in Asia-Pacific, with 2015-2022 as the study period. The base year is 2017 and the foreca...

02 Jul 2018  |  Asia Pacific  |  Market Research

Growth Opportunities in the Asia-Pacific Demand Response Market, Forecast to 2025

Actual Accumulated Demand Response Resources to Cross 30GW by 2025

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Key Issues Addressed

The Asia-Pacific demand response market is in the growing stage with countries such as South Korea, Japan, and New Zealand in the forefront. The liberalization of electricity markets and increasing distributed energy resources have a major role in driving the growth of demand response. However, lack of standardized procedures and absence of incenti...