The advanced distributed management system market size is projected to reach US$ 12.47 billion by 2031 from US$ 2.73 billion in 2023. The market is expected to register a CAGR of 20.9% in 2023–2031. The rapid growth in the electric vehicle market and government towards the implementation of smart grids are likely to remain key to advanced distributed management system market trends.

Advanced Distributed Management System Market Analysis

There is a rise in demand for solutions that offer high reliability, enhanced power quality, renewable energy sources, and data security. This factor contributes to the demand for advanced distribution management systems. In addition, the customers demand technology and solutions that can handle the disrupted flow of power, which further leads to advanced distribution management systems market growth. The growing demand for electric vehicles and demand for safe and reliable integrated single platform foster the market growth further. The requirement to minimize the power cost and minimize power losses leads to the adoption of an advanced distributed management system.

Advanced Distributed Management System Market Overview

A number of utilities are now implementing advanced distribution management systems (ADMS), a software platform that integrates multiple utility systems and automates outage restoration and distribution grid performance. ADMS functions may also include automated fault location, isolation, and service restoration (FLISR), conservation voltage reduction, peak demand management, and volt/volt-ampere reactive (volt/VAR) optimization. In addition, an ADMS converts utilities from paperwork and manual process systems to systems that use real-time or near-real-time data, automated processes, and unified systems.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Get 10% FREE CUSTOMIZATION

Advanced Distributed Management System Market: Strategic Insights

Advanced Distributed Management System Market

• 
  CAGR (2023 - 2031)

  20.9%
• Market Size 2023
  US$ 2.73 Billion
• Market Size 2031
  US$ 12.47 Billion

Market Dynamics

GROWTH DRIVERS

• Growing Electric Vehicle Market

FUTURE TRENDS

• Rising focus on the implementation of smart grids

OPPORTUNITIES

• Integration with artificial intelligence

Key Players

• AutoGrid Systems, Inc.
• GE DIGITAL
• Hitachi Energy Ltd.
• Indra
• Oracle
• Operation Technology, Inc.
• Open Systems International, Inc.
• Schneider Electric
• Siemens
• Survalent Technology Corporation

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Type

• Solutions and Services

Grid Type

• High Voltage Grid
• Medium Voltage Grid
• Low Voltage Grid

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Advanced Distributed Management System Market Drivers and Opportunities

Growing Electric Vehicle Market to Favor Market

The proliferation of electric vehicles fosters the adoption of advanced distributed management systems. The advanced distributed management system contributes to better planning for increased deployment, as well as the connection of distributed generation and electric vehicles. This feature optimizes capital expenditures for network reinforcement and automation, as well as filtering and reporting for historical analysis. It includes network modeling and analysis transmission and sub-transmission capabilities that can be deployed as a fully integrated or standalone system.

Rising focus on the implementation of smart grids

With the rising need for efficient energy worldwide, smart grid technologies are implementing across the globe. An advanced distributed management system helps to optimize energy consumption and recognizes grid problems to help with the efficient transportation of data and power. Therefore, the growth in the construction of smart cities and the government's focus on increasing carbon efficiency are some of the major factors fueling the installation of smart grids and which further drive the advanced distributed management system market. Some of the government initiatives that drive the implantation of smart grids are the US’s Smart Grid Investment Grant (SGIG) Program and the Smart Grid Demonstration Program (SGDP), IndiaSmart Energy Grids and Storage(SEGS) programs, and India EU Integrated Local Energy Systems.

Advanced Distributed Management System Market Report Segmentation Analysis

Key segments that contributed to the derivation of the advanced distributed management system market analysis are type, grid type, and vertical.

• By type, the market is segmented into solution and services. The solution segment held the largest market share in 2023.
• Based on the grid type, the market is segmented into high voltage grid, medium voltage grid, and low voltage grid. The high voltage grid segment is expected to grow with the highest CAGR.
• By vertical, the market is segmented into industrial and commercial. The industrial segment is expected to grow with the highest CAGR.

Advanced Distributed Management System Market Share Analysis by Geography

The geographic scope of the advanced distributed management system market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.

Asia Pacific region is expected to grow with the highest CAGR. The proliferation of smart grid initiatives by the government leads to the installation of smart grid. The growing electric vehicle market in the region fuels the demand for solutions that helps in advanced planning and analysis of power management, driving the use of advanced distributed management system technology.

Advanced Distributed Management System Market Report Scope

Download Free Sample

   Buy Now   

• Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Advanced Distributed Management System Market News and Recent Developments

The Advanced Distributed Management System Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

• In April 2022, the National Grid Electricity System Operator (ESO) deployed GE Digital’s Effective Inertia Metering & Forecasting solution across Great Britain’s electricity network to support the addition of renewable energy sources to the grid. The GE Digital solution was designed to deliver valuable capabilities to inform National Grid ESO’s management and engineers of grid inertia day-to-day to help ensure the system can handle a worst-case generator loss. (Source: GE Digital, Press Release, 2022)
• In February 2024, Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, announced the implementation of its digital grid management solutions by Adani Electricity, a leading power company in India. AspenTech’s next-generation SCADA system and its Advanced Distribution Management System (ADMS) have been incorporated into Adani Electricity’s new network operation center located in Hiranandani Powai to monitor and control in real-time an intelligent power grid that provides reliable, safe, and secure service to its more than three million customers throughout Mumbai. With this implementation, Adani Electricity positions itself as a leader among the most advanced utilities in the region. (Source: Aspen Technology, Inc., Press Release, 2024)

Advanced Distributed Management System Market Report Coverage and Deliverables

The “Advanced Distributed Management System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles