Increase in usage of Smart Grid will accelerate the Advanced Distribution Management System Market at a CAGR of 16.96%Published Date: Jan 2018
Latest market study on “Advanced Distribution Management System Market to 2025 by Type (Solution and Service) and Vertical (Commercial and Industrial) – North America Analysis and Forecast”, the Advanced Distribution Management System Market is estimated to reach US$ 1208.7 million by 2025 from US$ 281 million in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Advanced distribution management system is proved a competent way for increasing efficiency and optimizing performance of distribution operations with cost saving. With the growing adoption rate for smart grid, public utilities are focusing on reducing outage duration, improving reliability, ensuring public safety, managing productivity with automating work flows, operator, interoperability and ease of proven solutions.
Smart Grid is a broad distribution management system designed especially for improving and intensifying smarter grids. For the first time, in North America on a user-friendly software platform, Spectrum Power ADMS (Advanced Distribution Management System) was made combining SCADA (Supervisory Control and Data Acquisition), fault and network analysis and outage management which will simplify data management and existing workflows. This system will not only allow operators to monitor and control their network of distribution more reliably, but also make the process of restoration of energy outage faster and carry out repair and maintenance task more efficiently.
Advanced distribution management system market operates in a highly fragmented industry with large number of local players capturing limited regional market place. Some leading companies in this market continues to broaden its addressable market, by expanding its current product portfolio, diversifying its client base, and adopting new technological developments. Key players in the market are taking measures to gain maximum benefit from on the opportunities in niche and emerging markets. Some of the key players in the North America advanced distribution management system market are Open Systems International Inc., Advanced Control Systems, Inc., Schneider Electric SE, Indra Sistemas, ETAP/Operation Technology, Inc., ABB Ltd., General Electric Company, Oracle Corporation, Siemens AG and Survalent Technology Corporation among others.
The report segments the North America advanced distribution management system market as follows:
North America Advanced Distribution Management System Market– By Type
Support & Maintenance
North America Advanced Distribution Management System Market– By Vertical
North America Advanced Distribution Management System Market– By Country