Advanced Distribution Management Systems Market 2019 Global Trends, Size, Growth and Segments by Forecast to 2023
May 3, 2019
Global Advanced Distribution Management Systems market is estimated to reach USD 2,146 Million by the end of the forecast period, at a CAGR of ~19%.
Pune, India - May 3, 2019 /MarketersMedia/ —
Advanced Distribution Management Systems Market Highlights:
The advanced distribution management system has fundamental parts which are power control system, energy management system, supervisory control and data acquisition, distribution management system, outage management and demand response management system.
These Advanced Distribution Management Systems Market systems are integrated with supervisory control and data acquisition (SCADA) systems that provide enhanced automated control on operational distribution.
It is also connected with smart grid, distributed resources, and utility operation technologies to provide real-time information of the distributed network. By using real-time information, ADMS simplifies the operational workflow of utilities and industries. For instance, the scope of application of ADMS in electric utilities includes Volt/Volt-Ampere Reactive Optimization, fault location, restoration, and electric vehicles that manage electricity generation as well as its consumption.
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Major Key Players:
• Schneider Electric SE (France)
• General Electric Company (U.S.)
• ABB Group (Switzerland)
• Oracle Corporation (U.S.)
• Indra Sistemas, S.A. (Spain)
• Cisco Systems, Inc. (U.S.)
• Siemens AG (Germany)
• Advanced Control Systems (U.S.)
• S&C Electric Company (U.S.)
• Survalent Technology (Canada)
• Open Systems International, Inc. (U.S.)
Industry News:
On March 08, 2016, Schneider Electric, a global specialist in energy management, and automation and Central Hudson Gas & Electric Corporation, a transmission and distribution utility, announced the deployment of advanced distribution management systems which includes a Distribution Management System (DMS) and Supervisory Control and Data Acquisition (SCADA) component that allows to monitor potential issues, integrate distributed energy resources (DER), and analyze and optimize network operations.
The global Advanced Distribution Management Systems Market is estimated to reach USD 2,146 million by the end of the forecast period of 2023, at a CAGR of approximately ~19%.
Advanced Distribution Management Systems Market Segmentation:
The global advanced distribution management systems market is segmented on the basis of the components, deployment, application, verticals, and region. The component segment is sub-segmented as hardware, software, solutions, and services. The deployment segment is sub-segmented into the cloud and on-premise.
The application segment is sub-segmented into supervisory control & data acquisition system, fault location, isolation, and service restoration, volt/Var control function, and distribution network system. The verticals are segmented into energy and utilities, defense and government, manufacturing, transportation and logistics and others. Region-wise, the market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.
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 a SWOT analysis of the key vendors.
Regional Analysis:
The regional analysis of advanced distribution management systems market is done for North America, Asia Pacific, Europe, and the rest of the world. North America holds the largest share of the market across the globe due to the emergence of smart grid projects in the U.S. requiring new technologies for grid management and optimization.
Whereas, Asia Pacific countries, including China, Japan, and India, are the emerging markets for advanced distribution management systems and the region is expected to grow with the highest CAGR in the coming years.
Intended Audiences:
• Advanced Distribution Management Systems companies
• Advanced Distribution Management Systems providers
• Computer graphics developers
• System integrators and third-party vendors
• Government bodies
• Technology investors
• Research institutes and organizations
• Market research and consulting firms
• End-users/enterprise-users
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Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Market Insights
Continued…
List of Tables
Table 1 Global Advanced Distribution Management Systems Market: By Region, 2017-2023
Table 2 North America Advanced Distribution Management Systems Market: By Country, 2017-2023
Table 3 Europe Advanced Distribution Management Systems Market: By Country, 2017-2023
Continued…
List of Figures
Figure 1 Global Advanced Distribution Management Systems Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Advanced Distribution Management Systems Market
Continued…
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Source: MarketersMedia
Release ID: 508635
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