Industry Overview
The global outage management system market is expected to grow at CAGR of 16.5% by 2023. A computer system or an outage management system is used by operators of electric distribution systems to assist in restoration of power. It provides the capability to efficiently identify and resolve outages and to generate and report valuable historical information. Reduced outage durations due to faster restoration based upon outage location predictions increase the demand of outage management systems. Increased spending in smart grid developments, is fuelling the growth of the market. However, growing complexity outage management system may hamper the growth of global outage management system market.
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Segmentation
The global outage management system market is segmented by type, end-user and region.
On the basis of type, the global outage management system market is further segmented into integrated OMS and standalone OMS.
On the basis of end-user, the industry is classified into public and private utilities.
Based on region, the global outage management system market cover growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World.
Regional Outlook
North America dominates the global outage management system market followed by Europe. Reducing the costs associated with outages and crew management with easy-to-generate historical statistics and faster restoration of power are some factors driving the growth of the market in North America region. This region is expected to grow at a significant pace during the forecast period. Asia-pacific region is expected to grow at a high pace mainly due to the growing investment in smart grid developments.
Prominent Players
The key players of Global Outage Management System Market include-ABB Ltd. (Switzerland), General Electric Company (U.S.), Oracle Corporation (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Intergraph Corporation (U.S.), Advanced Control Systems Inc. (U.S.), CGI Group (Canada), Survalent Technology Corporation (Canada) and S&C Electric Company (U.S).
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Target Audience
- Manufacturing Organizations
- Service Provider
- Government organizations
- Power Associations
- Research Institute / Education Institute
- Potential Investors
List of Tables
Table 1 Asia-Pacific Outage Management System Market, By Country
Table 2 Asia-Pacific Outage Management System Market, By Type
Table 3 Asia-Pacific Outage Management System Market, By End User
Table 4 China Outage Management System Market, By Type
Table 5 China Outage Management System Market, By End User
Table 6 Japan Outage Management System Market, By Type
Table 7 Japan Outage Management System Market, By End User
Table 8 India Outage Management System Market, By Type
Table 9 India Outage Management System Market, By End User
Table 10 Rest Of Asia-Pacific Outage Management System Market, By Type
Table 11 Rest Of Asia-Pacific Outage Management System Market, By End User
Continue…..
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