Active Network Management (ANM) Market Is Expected To Rise To An Estimated Value Of USD 2189.17 Million By 2026

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Global active network management (ANM) market is expected to rise to an estimated value of USD 2189.17 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to cost management and various other benefits accumulated with this technology.

Market Definition: Global Active Network Management (ANM) Market

Active network management is the technological application of interconnecting smaller components of a smart grid with the help of software for controlling the operation of these components. This technology results in better controlling of energy generators, devices, renewable energy generation. This technology ensures better automation integration and efficiency in its operating allowing for better management of technologies.

Market Drivers:

Increasing demands for smart grid optimization with the help of automation resulting in greater efficiency in electricity transmission; this factor is expected to propel the growth of the market
High demand for continued supply of electricity for the various end-users; this factor is expected to boost the market growth
Increasing volume of renewable energy being commercialized also acts as a market driver
Requirement of managing grids in a more effective way while reducing the overload on these grids; this factor is expected to enhance the market growth

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Market Restraints:

Large costs associated with the deployment of active network management technology this factor is expected to hamper the growth of the market
Lack of awareness regarding the availability of advanced smart grid solutions is also restricting the growth of the market

Segmentation: Global Active Network Management (ANM) Market

By Component

Software
Services
Professional Services
Consulting
System Integration
Support & Maintenance
Managed Services

By Organization Size

Small & Medium-Sized Enterprises (SMEs)
Large Enterprises

By Application Area

Power
Power Generation
Thermal Power Plants
Nuclear Power Plants
Renewable Power Plants
Power Grids
Energy & Utilities
Oil & Gas
Electric Power Transmission
Water Treatment & Distribution
Transportation
Government
Others
Manufacturing

By Geography

North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa

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Key Developments in the Market:

In June 2017, UK Power Networks announced the availability of an “Active Network Management” program designed to enhance the capacity of grids while improving the ease of generator connection. The system will be initiated by end of June month and will be available to the customers initiating new connections for the South East England
In September 2016, Landis+Gyr announced the availability of real-time monitoring capabilities under their grid analytics product range. This will initiate greater awareness in management of voltage variances for different utilities while improving the intelligence for weakened transformers as well as faulty voltage regulators

Competitive Analysis

Global active network management (ANM) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of active network management (ANM) market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global active network management (ANM) market are ABB; Oracle; GE Digital; Schneider Electric; Siemens; Itron Inc.; Landis+Gyr; Indra Sistemas; Chemtrols Industries Pvt. Ltd.; UK Power Networks; Camlin Ltd; Smarter Grid Solutions Ltd.; ZIV; Argand Solutions; Kelvatek Ltd. among others.

The Active Network Management (ANM) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Active Network Management (ANM) market.

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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Active Network Management (ANM) market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Active Network Management (ANM) market. These factors have benefited the growth of the global market for Active Network Management (ANM). Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

Reasons to Purchase this Report:

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)

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Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 06: MARKET SIZING

Market definition
Market sizing 2021
Market size and forecast

PART 07: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 08: MARKET SEGMENTATION BY PRODUCT

Global Active Network Management (ANM) market by product
Comparison by product
Market opportunity by product

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Global Active Network Management (ANM) market by distribution channel
Comparison by distribution channel
Global Active Network Management (ANM) market by offline distribution channel
Global Active Network Management (ANM) market by online distribution channel
Market opportunity by distribution channel

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

Global Active Network Management (ANM) market by end-user
Comparison by end-user

PART 12: REGIONAL LANDSCAPE

Global licensed Active Network Management (ANM) market by geography
Regional comparison
Licensed Active Network Management (ANM) market in Americas
Licensed Active Network Management (ANM) market in EMEA
Licensed Active Network Management (ANM) market in APAC
Market opportunity

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 15: MARKET TRENDS

PART 16: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 17: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

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