Press release
Advanced Distribution Management System Market Size Worth US$ 3,435.7 Million By 2028
Advanced Distribution Management System Market Research & Forecast Report 2023-2028
An advanced distribution management system (ADMS) is an operating software platform that optimizes the performance of electrical grids. It provides a common dashboard to collect, collate, and analyze data from multiple power distribution applications. It assists in fault location, isolation and restoration, volt-ampere reactive optimization, conservation through voltage reduction, and peak demand management. At present, it is employed in energy and utilities, manufacturing, defense, government, infrastructure, transportation, logistics, and information technology (IT) and telecommunication industries across the globe.
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Advanced Distribution Management System Market Trends and Drivers:
The growing utilization of smart grid applications and increasing adoption of advanced metering infrastructure (AMI) represent one of the key factors positively influencing the market. In addition, the increasing adoption of ADM platforms in online banking, communication, and IT transferring units to maintain data on the servers between two requests, which aid in improved performance on retrieval of data, is creating a favorable market outlook. Moreover, rapid urbanization and increasing rate of electrification in houses and commercial places are contributing to the growth of the market. Besides this, increasing investments in research and development (R&D) activities to enhance ADMS capabilities, including the management of high penetrations of distributed energy resources (DERs), closed-loop interactions with building management systems, and the integration with utility tools for meter data management and billing is projected to stimulate the growth of the market.
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Advanced Distribution Management System Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
• ABB Ltd.
• Alstom SA
• Capgemini SE
• ETAP/Operation Technology Inc.
• General Electric Company
• Indra Sistemas S.A.
• Open Systems International Inc. (Emerson Electric Co.)
• Oracle Corporation
• S&C Electric Company
• Schneider Electric SE
• Siemens AG
• Survalent Technology Corporation.
The report has segmented the market based on offering, system type and end use industry.
Breakup by Offering:
• Software?
• Services
Breakup by System Type:
• Distribution Management System (DMS)
• Automated Meter Reading/Advanced Metering Infrastructure (AMR/AMI)
• Distributed Energy Resources Management
Systems (DERMS)
• Energy Management Systems (EMS)
• Customer Information Systems (CIS)
• Meter Data Management Systems (MDMS)
Breakup by End Use Industry:
• Energy and Utilities
• IT and Telecommunications
• Manufacturing
• Defense and Government
• Infrastructure
• Transportation and Logistics
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
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