Advanced Distribution Management Systems Market Segmentation
The 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.
Advanced Distribution Management Systems Market Share is Predicted to Reach USD 6.53 Billion by 2030 Registering a CAGR of 20.35%
Advanced Distribution Management Systems Market Highlights
An Advanced Distribution Management System (ADMS) is a software platform that helps utility companies manage and optimize their electrical grids 12. ADMS incorporates multiple utility systems, including outage management systems (OMS), distribution management systems (DMS), and distribution SCADA (D-SCADA) that work together to provide real-time monitoring of grid operations and improve grid resilience, reliability, and efficiency.
ADMS software provides tools for grid operators to visualize and control grid operations, manage power outages, reduce outage frequency and duration, integrate renewable energy sources, and improve customer experience.
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Global Advanced Distribution Management Systems Market, Key Players
The prominent players in the global advanced distribution management systems market are 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.), SC Electric Company (U.S.), Survalent Technology (Canada), Open Systems International, Inc. (U.S.) among others.
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.
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.
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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%.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC market synopsis on “The Global Advanced Distribution Management Systems Market Research Report – Forecast to 2023”.
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