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The global advanced distribution management system market reached a value of US$ 1,053 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,081 Million by 2027, exhibiting at a CAGR of 18.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Advanced distribution management system (ADMS) is a software-based solution used for managing and controlling electrical grids. It is utilized for regulating the electricity demand, managing energy output and reducing outages in the distribution grid. ADMS also involves the management of distributed energy resources (DERs), closely integrated utility tools and closed-loop interactions with building management systems. It is widely used in distribution management, energy management, customer information, automated meter reading (AMR) and volt control functions. It provides enhanced reliability, data security, power quality, renewable energy usage and resilience to natural disasters. As a result, ADMS finds extensive applications across various industries, such as manufacturing, energy, defense, transportation, information technology (IT) and telecommunication.
The increasing demand for efficient energy resources across the globe is one of the key factors driving the growth of the market. ADMS aids in optimizing the performance and automating outage restoration in the distribution grids. Additionally, the widespread utilization of advanced metering infrastructure (AMI) is favoring the market growth. AMI aids in remotely measuring the utilization of electricity, monitoring voltage and identifying and isolating outages. It also enables two-way communications between utilities and customers. Moreover, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT) and the utilization of advanced components and control systems to enhance security and reduce overall costs and electricity loss, are providing a thrust to the market growth. In line with this, the widespread adoption of smart grid technology is positively impacting the market growth. ADMS aids in enabling efficient transmission of electricity and data by optimizing energy usage and detecting faults in the grid. Other factors, including the increasing construction of smart cities, along with the implementation of various government initiatives to enhance carbon efficiency, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global advanced distribution management system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on offering, system type and end use industry.
Breakup by Offering:
Breakup by System Type:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Alstom SA, Capgemini SE, ETAP/Operation Technology Inc., General Electric Company, Indra Sistemas S.A., Open Systems International Inc. (Emerson Electric Co.), Oracle Corporation, S&C Electric Company, Schneider Electric SE, Siemens AG and Survalent Technology Corporation.
|Base Year of the Analysis||2021|
|Segment Coverage||Offering, System Type, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||ABB Ltd., Alstom SA, Capgemini SE, ETAP/Operation Technology Inc., General Electric Company, Indra Sistemas S.A., Open Systems International Inc. (Emerson Electric Co.), Oracle Corporation, S&C Electric Company, Schneider Electric SE, Siemens AG and Survalent Technology Corporation.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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