Advanced Distribution Management System Market 2022-2027: Industry Size, Report Analysis and Forecast
Market Analysis of Advanced Distribution Management Systems by Major Key Players: ABB Ltd., Alstom SA, Capgemini SE, ETAP / Operation Technology Inc, Oracle Corporation
SHERIDAN, WYOMING, USA, December 22, 2021 /EINPresswire.com/ – According to IMARC Group’s latest report, titled “Advanced Distribution Management Systems Market: Global Industry Trends, Share, Size, Growth, opportunity and forecast 2022 -2027 “, the global advanced distribution management systems market reached a value of US $ XX billion in 2021. Looking ahead, IMARC group expects the market to grow at a CAGR of XX% in 2022-2027.
The Advanced Distribution Management System (ADMS) is a software solution that is used to manage power generation, regulate demand for electricity and reduce outages in the distribution network. It also involves the management of distributed energy resources (DER), integrated utility tools and closed-loop interactions with building management systems. ADMS offers various advantages including data security, increased reliability, use of renewable energies, power quality, resilience to natural disasters, etc. As such, it finds many applications in several sectors, such as energy, manufacturing, transport, defense, information technology (computing), telecommunications, etc.
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Growing demand for efficient energy resources is one of the key drivers in the advanced distribution management systems market. Apart from this, the increased use of Advanced Measurement Infrastructure (AMI), which can remotely monitor voltage, measure electricity consumption, identify and isolate faults, etc., also catalyzes market growth. In addition, the growing need for transparent two-way communications between utilities and customers is increasing the global market. In addition to this, the increasing use of advanced components and control systems to reduce overall costs and improve energy security is acting as another important growth driver. Moreover, the widespread adoption of these solutions in power management, automated meter reading (AMR), voltage control functions, distribution management, etc., positively influences the growth of the market. . In addition to this, the launch of numerous favorable initiatives by government bodies across the world to improve carbon efficiency of industries is expected to fuel the advanced distribution management systems market during the forecast period.
Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
The competitive landscape of the industry was also examined along with the profiles of the major players.
• ABB Ltd.
• Alstom SA
• Capgemini SE
• ETAP / Operation Technology Inc.
• General electricity company
• Indra Sistemas SA
• Open Systems International Inc. (Emerson Electric Co.)
• Oracle Corporation
• Electricity company S&C
• Schneider Electric SE
• Siemens AG
• Survalent Technology Corporation.
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The report has segmented the market on the basis of supply, system type, and end-use industry.
Breakage by offer:
Breakdown by type of system:
• Distribution management system (DMS)
• Automated meter reading infrastructure / Advanced metering infrastructure (AMR / AMI)
• Distributed energy resource management systems (DERMS)
• Energy management systems (EMS)
• Customer information systems (CIS)
• Meter Data Management Systems (MDMS)
Breakdown by end-use sector:
• Energy and utilities
• IT and Telecommunications
• Defense and government
• Transport and logistics
Breakdown by region:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
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