Advanced Distribution Management System (ADMS) Market to Reach at a Highest CAGR of 22.4% by 2030 | Leading Players ABB Ltd., Alstom SA, Capgemini SE, Siemens AG

Advanced Distribution Management System Market: by Offering (Solutions and Services), Solutions (Outage Management System, Energy Management System), Services (Professional and Managed Services), End User, and region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America). The global Advanced Distribution Management System (ADMS) Market size is projected to reach a CAGR of 22.4% from 2023-2030.

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The prominent players in Advanced Distribution Management System (ADMS) Market are 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

In April 2022, GE Digital and National Grid ESO partnered to deploy GE digital effective inertia metering & forecasting solutions across Great Britain's electricity network.

In April 2022, Minsait ACS partnered with ESRI, a US-based global market leader in geographic information system (GIS) software, location intelligence, and mapping. Through this strategic partnership, Minsait ACS focuses on a global growth strategy using GIS technology.

An advanced distribution management system (ADMS) is a software-based solution used for managing and controlling electrical grids. It is utilized for regulating the electricity demand, managing energy output, and reducing outages in the distribution grid. ADMS also involves the management of distributed energy resources (DERs), closely integrated utility tools, and closed-loop interactions with building management systems. It is widely used in distribution management, energy management, customer information, automated meter reading (AMR), and volt control functions. It provides enhanced reliability, data security, power quality, renewable energy usage, and resilience to natural disasters. As a result, ADMS finds extensive applications across various industries, such as manufacturing, energy, defense, transportation, information technology (IT), and telecommunication.

There are two key factors that are the main driving force behind the Global Advanced Distribution Management Systems Market growth. Those are ever-increasing demands for power and cost-efficiency at the same time and product catalog management and its increasing demand also play a driving force behind the rapid growth of the market. Furthermore, the increasing demand for energy in residential and industrial areas and the development of the smart grid will create lucrative opportunities for the market.

On the other hand, challenges regarding data security, inadequate utility incentive, and interoperability problems are the major factors hindering the growth of the market.

COVID-19 has impacted the world economy; it has completely changed the work culture and forced people to work from home. It has affected all segments and completely disrupted the way people manage their businesses. Various companies have launched new solutions to support businesses. With the rise in the number of COVID-19 cases, ADMS solutions faced a substantial hit in the energy sector, majorly for data collection and remote monitoring. However, COVID-19 is expected to help overcome these challenges as it has positively impacted market growth. Since the energy and utility industry is considered essential services, the coronavirus pandemic has forced these utilities to rethink the way in which many of their operations are performed, and the ways in which they engage with both their staff and their customers.

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Advanced Distribution Management System (ADMS) Market: Table of Contents

Advanced Distribution Management System (ADMS) Market is segmented into various segments such as offering, deployment mode, functionality, end user, organization size, and region:

On the basis of the offering

Solution
Services

On the basis of the deployment mode

Cloud
On-premises

On the basis of functionality

Supervisory Control and Data Acquisition
Fault Location, Isolation, and Service Restoration
Voltage/Var Control
Distribution Network Application
On-premises

On the basis of end-user

Energy and Utilities
Defense and Government
Manufacturing
Transportation and Logistics
Telecom
IT and ITeS
Others

On the basis of organization size

Large enterprises
SMEs

On the basis of region

Asia Pacific
North America
Europe
South America
Middle East & Africa

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In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth pattern.

Asia Pacific to Dominate the Market

Asia Pacific is expected to have the highest growth rate during the forecast period. The region has witnessed tremendous growth in its energy demand, generation capacity, and transmission and distribution networks.

Factors such as tremendous growth in the energy demand due to rapid economic development, urbanization, and industrialization will drive the growth of the advanced distribution management system market in the Asia Pacific region.

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