Market Highlights
The global advanced distribution management systems market is growing exponentially across North America, Europe, Asia Pacific, and rest of the world. In North America, the market for advanced distribution management systems is witnessing a huge demand due to the adoption of next generation of smart grids among industries as it ensures high-performance operational efficiency and increases in productivity.
Advanced Distribution Management Systems Market report sheds light on the current situation of the market size, share, demand, development patterns, and forecast in the coming years.
Advanced Distribution Management Systems Industry News
On March 08, 2016, Schneider Electric, a global specialist in energy management, and automation and Central Hudson Gas Electric Corporation, a transmission and distribution utility, announced the deployment of advanced distribution management systems which includes a Distribution Management System (DMS) and Supervisory Control and Data Acquisition (SCADA) component that allows to monitor potential issues, integrate distributed energy resources (DER), and analyze and optimize network operations.
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The global advanced distribution management systems market is estimated to reach USD 2,146 million by the end of the forecast period of 2023, at a CAGR of approximately ~19%.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC market synopsis on “The Global Advanced Distribution Management Systems Market Research Report – Forecast to 2023”.
Global Advanced Distribution Management Systems Market Segmentation
The global advanced distribution management systems market is segmented on the basis of the components, deployment, application, verticals, and region. The component segment is sub-segmented as hardware, software, solutions, and services. The deployment segment is sub-segmented into the cloud and on-premise. The application segment is sub-segmented into supervisory control data acquisition system, fault location, isolation, and service restoration, volt/Var control function, and distribution network system. The verticals are segmented into energy and utilities, defense and government, manufacturing, transportation and logistics and others. Region-wise, the market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.
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Global Advanced Distribution Management Systems Market, Key Players
The prominent players in the global advanced distribution management systems market are Schneider Electric SE (France), General Electric Company (U.S.), ABB Group (Switzerland), Oracle Corporation (U.S.), Indra Sistemas, S.A. (Spain), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Advanced Control Systems (U.S.), SC Electric Company (U.S.), Survalent Technology (Canada), Open Systems International, Inc. (U.S.) among others.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
