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Advanced Distribution Management System Market to phenomenally drive the global landscape over 2025

02-13-2020 02:36 PM CET | IT, New Media & Software

Press release from: The Insight Partners

According to the new research report published by The Insight Partners, titled "Advanced Distributed Management System Market- Global Analysis and Forecasts to 2025", the global Advanced Distributed Management System market is expected to reach US$ 3,852.2 Mn in 2025, registering a CAGR of 19.1 % during the forecast period 2018-2025.

Advanced Distribution Management System (ADMS) is software platform which is integration of several operational systems providing automated outage restoration, and optimizing distribution grid performance. ADMS solution includes distribution management system (DMS); automated fault location, isolation, and service restoration (FLISR); demand response management system (DRMS); Volt-var optimization (VVO); and conservation voltage reduction (CVR). ADMS works as a real-time system for handling and managing operations in a distribution control area. It provides monitoring and control, network optimization, network analysis, and outage management capabilities in an integrated software platform, enabling effective management of assets on a platform developed to meet the growing requirements of distribution operators.

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The global market for ADMS market exhibit high growth in near future. Some of the major driving factors contributing to the market growth are rising smart grid in North America region and increase utility efficiency. However, high CAPEX and OPEX cost, and interoperability and system integration issues are some of restraining factors behind slow growth of ADMS market during the forecast period.
The global market for ADMS has been segmented on the basis of type into two major segment including system and service. Service is further bi-furcated by three types, consulting, system integration and support & maintenance. Key verticals of this market are commercial and industrial.

Key findings of the study:

o In 2017, North America is the largest market in the ADMS market, compelled by presence of developed economies such as the U.S. and Canada. Growing investments in power infrastructure in both industrial as well as commercial sector is driving growth for installations of advanced distribution management systems in this region.

o North America and Europe contributed to the largest share of market revenue which accounted for more than 60% of overall market.

o APAC region is segmented for market analysis into countries, namely; Australia, India, China and Japan. The China ADMS market is expected to hold major chunk of revenues throughout the forecast period. APAC region is expected to grow at a CAGR of 23.6% from 2018 to 2025.

o Owing to continuous persuades of energy scarcity and economic development, the Chinese government has adopted myriad measures and policies for the promotion of the utilization and exploitation efficiency of electric power. Now, the country has reconsidered its electric power development level and harmonizing amid supply and demand sides of the power. In order to satisfy the rapidly increasing electricity demand, China's 12th Five-Year Plan (2011 to 2015) was budgeted 6.1 trillion Yuan of investment in the electricity sector. This is expected to increase further in the coming years, subsequently contributing towards the development of ADMS market in China.

o Commercial sector is the major contributor in terms of revenue in this market attributed to the development of smart city projects with high power consumption.

o The key companies profiled in this report include General Electric Company, Oracle Corporation, Survalent Technology, ABB Group, Siemens AG, Open Systems International, Inc., Advanced Control Systems, Schneider Electric SE, Indra Sistemas, and ETAp/Operation Technology, Inc.

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Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global payment gateway market

- Highlights key business priorities in order to assist companies to realign their business strategies

- The key findings and recommendations highlight crucial progressive industry trends in the payment gateway market, thereby allowing players across the value chain to develop effective long term strategies

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

- Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

Pune, India

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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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