Advanced Distribution Management Systems Market Analysis
Market Research Future (MRFR) predicts the global advanced distribution management systems market to reach USD 2,146 million at a CAGR of 19% from 2018 to 2023 (forecast period). The power control system, energy management system, supervisory control and data acquisition, distribution management system, outage management, and demand response management system are the fundamental components of the advanced distribution management system. These systems are linked to supervisory control and data acquisition (SCADA) systems, which provide improved automated control on operational distribution. It is also linked to smart grid, distributed resources, and utility operation technologies to provide real-time information of the distributed network. ADMS streamlines the operational workflow of utilities and industries by using real-time information. For example, the scope of application of ADMS in electric utilities includes Volt/Volt-Ampere Reactive Optimization, restoration, fault location, and electric vehicles that manage electricity generation as well as its consumption. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/6015 The major players dominating the global market for advanced distribution management systems (ADMS) are Advanced Control Systems (U.S.), Schneider Electric SE (France), ABB Group (Switzerland), General Electric Company (U.S.), Siemens AG (Germany), among others. These companies have advanced distribution management systems combined with outage management, as well as supervisory control and data acquisition systems that improve grid efficiency, optimize renewable energy usage, improve automated operations, and reduce energy consumption. COVID-19 Impact on the Global Advanced Distribution Management Systems Market The introduction of a variety of regulations by governments worldwide to deal with the COVID-19 disaster, such as a complete shutdown of manufacturing units, is expected to have an effect on the growth of the global advanced distribution management systems industry. Advanced Distribution Management Systems Market Segmentation The global advanced distribution management systems market has been segmented based on components, deployment, application, and verticals. By component, the global advanced distribution management systems market has been segmented into hardware, software, solutions, and services. The solutions have been further segmented into distribution management systems, outage management systems, energy management systems, and network management systems. Whereas services have been further segmented into professional and managed services. The professional service has been segmented into consulting, system integration and support and maintenance. Check Discount @ https://www.marketresearchfuture.com/check-discount/6015 By deployment, the global advanced distribution management systems market has been segmented into the cloud and on-premise.
By application, the global advanced distribution management systems market has been segmented into supervisory control & data acquisition system, fault location, isolation, and service restoration, volt/Var control function, and distribution network system. By verticals, the global advanced distribution management systems market has been segmented into energy and utilities, defense and government, manufacturing, transportation and logistics and others. Advanced Distribution Management Systems Market Regional Analysis The global advanced distribution management systems industry is covered across regions including North America, Europe, Asia Pacific, and the Rest of the World. Because of the advent of smart grid projects in the United States, which necessitate new technologies for grid management and optimization, North America has the largest share of the global market. In contrast, Asia Pacific countries such as China, Japan, and India are emerging markets for advanced distribution management systems. The region is projected to expand at the fastest CAGR in the coming years. Get Complete Report Details @ https://www.marketresearchfuture.com/reports/advanced-distribution-managementsystems-market-6015 Advanced Distribution Management Systems Market Key Players Notable players in the global advanced distribution management systems market are • • • • • • • • • •
Oracle Corporation (U.S.) Schneider Electric SE (France) General Electric Company (U.S.) Advanced Control Systems (U.S.) ABB Group (Switzerland) Cisco Systems, Inc. (U.S.) Survalent Technology (Canada) Siemens AG (Germany) Open Systems International, Inc. (U.S.) S&C Electric Company (U.S.)
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