Advanced Distribution Management Systems Market 2022 Key Players, End User, Demand and Consumption by 2029

 The global Advanced Distribution Management System Market   is expected to witness a CAGR of 19% during the forecast period (2019-2029).

Advanced distribution management systems provide significant benefits to users who want efficient data security, higher reliability, improved power distribution, and flexibility for restoring normal function after natural disasters. These systems provide contextual intelligence to ensure efficient and reliable smart grid analysis and management in a rapidly changing network. Adoption of advanced distribution management systems is increasing in smart cities as these systems manage, control, optimize, visualize and automate distribution networks.

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Highlights of Advanced Distribution Management System Market Study:

  • The energy and utility industry is estimated to continue to retain significant market share in all segments by industry during the forecast period owing to optimized energy distribution, reduced power loss and minimal power shortage.
  • Among all applications, fault location and isolation and service restoration are estimated to register a notable CAGR as FLISR reroutes power to reduce power supply failures, power outages and other failures.
  • Asia Pacific excluding Japan is witnessing impressive growth rates in the global advanced power distribution management systems market as governments in countries like China, South Korea and India strive to balance power supply and demand to ensure efficiency and cost effectiveness. .

Market growth driven by increasing rates of urbanization, industrialization and electrification

The world is witnessing an increase in the transmission, generation and distribution of energy. With the growth of the energy sector, the demand for electricity is growing at a rapid pace. In 2018, global electricity demand increased by 4% to over 23,000 TWh. Additionally, growing global urbanization is increasing the conversion rate in residential, commercial and end-use sectors, which further increases the demand for advanced distribution management systems. In addition, the rapid industrialization of various developed and emerging economies is creating demand for electricity as a major source of modern power generation.

In addition to this, strong economic growth in emerging countries such as India and China, rapid urbanization and increasing investment in these countries are also driving the market growth. The Indian government has invested US$44.9 billion in smart grid infrastructure, which is strengthening the demand for smart grid technology and thus driving the growth of the advanced distribution management system market.

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A more valuable insight into the Advanced Distribution Management Systems Market

FMI’s report on the Advanced Distribution Management Systems market covers four major segments: Solutions (ADMS Platforms and Services), Applications (Supervisory Control and Data Collection, Distribution Management Systems, Outage Management Systems, Distributed Energy Resource Management Systems, Geospatial Information Systems). Divided into sections. , fault location, isolation and service restoration), industry (transport and logistics, energy and utilities, oil and gas, manufacturing and others), and across seven regions to help readers understand and evaluate the lucrative opportunities of advanced distribution management systems. market.

Why Future Market Insights?

• Comprehensive analysis of evolving purchasing patterns across different geographies
• Detailed insights into market segments and sub-segments over historical and forecast periods
• Competitive analysis of prominent and emerging players in the keyword market • Detailed information
on product innovations, mergers and acquisitions Information and acquisitions are planned for the next several years.

Breakthrough research and market player-focused solutions for the next decade based on current market scenario

Frequently Asked Questions about Advanced Distribution Management Systems MarketWhat are the future opportunities of the Advanced Distribution Management Systems market?

 

The rapid development of infrastructure and adoption of advanced distribution management systems in smart devices is expected to create opportunities for players in the advanced distribution management systems market.

What are the key challenges facing the Advanced Distribution Management Systems market?

Aging infrastructure, interoperability issues, and inadequate standard interfaces of advanced distribution management systems are limiting the growth of the global advanced distribution management system market.

Which industries will witness significant revenue growth over the next five years?

The energy and utility industry is the largest customer of advanced distribution management systems because of its focus on balancing energy demand and supply to ensure cost effectiveness and efficiency.

What are the application areas with potential growth opportunities for market players?

FLISR reroutes power to reduce power supply failures, outages and other failures, so fault location, isolation, and service restoration applications have potential growth opportunities. Service is restored by automatically isolating faulty areas and transferring remaining customers to adjacent circuits.

Which regions are projected to be at the forefront of the global Advanced Distribution Management Systems market?

Asia Pacific, excluding Japan, is expected to maintain the lead, providing high growth opportunities for players in the Advanced Distribution Management Systems market. The rapid industrialization of the developing countries in this region is driving the market growth by significantly increasing the demand for energy.

Who are the key players driving the Advanced Distribution Management Systems market?

Prominent companies in the Advanced Distribution Management Systems market include Schneider Electric, ABB Group, Siemens AG, Oracle Corporation, GE Digital, Survalent Technologies, Etap, and Open Systems International.

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