Advanced Distributed Management System (ADMS) Market 2019
Advanced Distribution Management System (ADMS) is a software platform which integrates several operational systems, enabling automated restoration of network outages and optimizing the performance of the distribution grid.
This report analyses the current status of the global advanced distributed management system market, outlines the key market drivers and the bases for market segmentation, and studies the trends of this market from 2019 till 2024.
The global advanced distributed management system market is expected to reach a value of USD 3,852.2 million by 2025, growing at a robust CAGR of 19.1 % during the forecast period. Some of the major factors contributing to the growth of this market include an increasing number of smart grids in North America and the growing demand for increased utility and efficiency of networks and systems.
The following Major Companies covered in this report
Advanced Control Systems
Siemens
General Electric
ABB
Schneider Electric
Oracle
Open Systems International
Survalent Technology
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Segmentation:
The global advanced distributed management system market has been segmented based on type, application, and geographical region.
Depending on the type, the ADMS market can be split into:
Single Database Type
Multi Database Type
Based on the application, the ADMS market can be divided into the following:
Network Connectivity Analysis (NCA)
Switching Schedule and Safety Management
State Estimation (SE)
Load Flow Applications (LFA)
Volt-VAR Control (VVC)
Load Shedding Application (LSA)
Fault Management and System Restoration (FMSR)
Load Balancing via Feeder Reconfiguration (LBFR)
Distribution Load Forecasting (DLF)
Regional Analysis:
North America, Europe, Asia Pacific, South America, and the Middle East and Africa are the major regions for the advanced distributed management system market across the world.
While North America, especially the United States, will still play the dominant role in the global market followed by Europe, the
Asia-Pacific region, especially the developing economies of India, China, and Southeast Asia, is expected to witness the fastest growth in this market during the forecast period, growing at a high CAGR of 23.6% during the forecast period.
This growth can be attributed to the favourable policies of the Chinese government for the promotion of the optimum utilization of electric power. Now, China has increased its budget for the development level of its electric power development and is trying to balance the supply and demand of power in order to ensure efficiency and cost-effectiveness. Furthermore, with the rapid growth of smart city projects in the commercial sector, the demand for power is further increasing, thereby contributing to the growth in the advanced distributed management system market.
Industry News:
In August 2019, Open Systems International Inc. was selected by Alliant Energy to develop an advanced distribution management system based on Open System’s OpenXphere enterprise architecture.
In June 2018, the parent company of Tucson Electric Power, UNS Energy, appointed OSI Inc. to develop an advanced distribution management system built on OSI’s monarch technology platform.
In 2017, Open Systems International Inc. won the contract for providing advanced distribution management systems to Bhutan Power Corporation Ltd. and to deliver electricity to Bhutan’s residents.
In 2017, Schneider Electric S.E. signed an agreement with Saudi Electricity Company to provide high-quality solutions, especially meant for the utility market.
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Table of Contents –Analysis of Key Points
1 Advanced Distributed Management System (ADMS) Market Overview
2 Manufacturers Profiles
3 Global Advanced Distributed Management System (ADMS) Market Competition, by Players
4 Global Advanced Distributed Management System (ADMS) Market Size by Regions
5 North America Advanced Distributed Management System (ADMS) Revenue by Countries
6 Europe Advanced Distributed Management System (ADMS) Revenue by Countries
7 Asia-Pacific Advanced Distributed Management System (ADMS) Revenue by Countries
8 South America Advanced Distributed Management System (ADMS) Revenue by Countries
9 Middle East and Africa Revenue Advanced Distributed Management System (ADMS) by Countries
10 Global Advanced Distributed Management System (ADMS) Market Segment by Type
11 Global Advanced Distributed Management System (ADMS) Market Segment by Application
12 Global Advanced Distributed Management System (ADMS) Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued….
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