Press release
Advanced Distribution Management System: North America Projected to be the Most Attractive Regional Market Through 2025
North America advanced distribution management system market is expected to grow from US$ 281 million in 2016 to US$ 1208.7 million by 2025 at a CAGR of 17.46% between 2016 and 2025.Usage and execution of advanced distribution management system is increasing in public utilities because as per the demand of customers looking for improved power quality, higher reliability, security of their data, renewable energy sources, flexibility at the time of occurrence of natural disasters to recover into normal function and other dangers acting as a troublemaker in the flow of power and their lifestyles. Even matching up with demand for energy from different sources in 21st-century, users need ADMS, which is a unique set of circumstances fulfilling all requirements.
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The report focuses on an in-depth segmentation of this market based by type and vertical. The geographic segmentation of the report is focusing only in the North Americas market. The regional market has been further bifurcated by respective countries. By end-use vertical segment commercial sector accounted for the largest share of the advanced distribution management system market in 2016; whereas US is expected to grow at the highest CAGR during the forecast period.
The report aims to provide an overview of North America advanced distribution management system market with detailed market segmentation. Also, it analyzes the current advanced distribution management system market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provides the SWOT analysis for all company profiled in the report.
US is one of the prominent country in advanced distribution management system market contributing highest revenue compared with other countries of North America, and the reason is, major part of utilities are making strategies to change their traditional distribution systems with new and advanced management systems. Whereas, in Canada, due to innovation and requirements, there is an increase in technological segment, due to which growth for infrastructure will rise and eventually lead the market towards increase in adoption for ADMS. Some of the major players influencing advanced distribution management system market are Open Systems International Inc, Advanced Control Systems, Inc., Schneider Electric SE, Indra Sistemas, ETAP/Operation Technology, Inc, ABB Ltd., General Electric Company, Oracle Corporation, Siemens AG and Survalent Technology Corporation among others.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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