Press release
Advanced Distribution Management Systems Market Poised to Expand at a Robust Pace Over 2023-2031 | ABB Ltd., Advanced Control Systems, Inc., Capgemini SE, General Electric Company
New York, According to a new market research report published by Global Insight Services Advanced Distribution Management Systems Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Advanced Distribution Management Systems (ADMS) are software systems that are used to manage the distribution of electricity by utilities. These systems are used to track the flow of electricity in the power grid, monitor power system conditions, and control equipment. ADMS systems are also used to optimize the operation of the power grid and to provide information to utilities about the status of the grid.
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Key Trends
Advanced Distribution Management Systems (ADMS) are systems that are used to manage the distribution of electricity in a power grid. The key trends in ADMS technology are:
1. Increased integration of data and analytics: ADMS systems are becoming more data-driven, with increased integration of data from various sources (e.g. weather, grid conditions, etc.). This data is then used to improve grid operations and planning.
2. Improved situational awareness: ADMS systems provide improved situational awareness of grid conditions, allowing for more proactive management of the grid.
3. Enhanced grid security: ADMS systems provide enhanced security features, such as the ability to isolate faults and monitor grid conditions in real-time.
4. Increased automation: ADMS systems are becoming more automated, with increased use of algorithms to control grid operations.
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Key Drivers
Advanced Distribution Management Systems (ADMS) are software systems that are used by utilities to manage the distribution grid. The key drivers for the ADMS market are:
1. The need for improved grid reliability and resilience: ADMS systems can help utilities to proactively manage the distribution grid and address potential problems before they cause outages.
2. The increasing penetration of distributed energy resources: ADMS systems can help utilities to manage the increasing penetration of distributed energy resources (DERs), such as rooftop solar PV and electric vehicles, and ensure that they are integrated seamlessly into the grid.
3. The need for improved grid visibility and control: ADMS systems can provide utilities with real-time visibility into the distribution grid, allowing them to identify and respond to problems more quickly.
4. The need for improved customer service: ADMS systems can help utilities to proactively manage the distribution grid and address potential problems before they cause outages, thereby improving customer service.
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Market Segmentation
By Type
Solutions
Services
By Grid Type
High Voltage Grid
Medium Voltage Grid
Low Voltage Grid
Key Players
The key players in the Advanced Distribution Management Systems Market are ABB Ltd., Advanced Control Systems, Inc. (Indra Company), Capgemini SE, General Electric Company, Oracle Corporation, Open Systems International, Inc. (Emerson Electric), Operation Technology, Inc. (Etap), Schneider Electric, Siemens AG and Survalent Technology Corporation
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Reasons to buy Advanced Distribution Management Systems Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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