Advanced Distribution Management System Market 2022 | Growth, Size, Industry Trends, Opportunities and Forecast 2027

According to the latest report by IMARC Group, titled, “Advanced Distribution Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the global advanced distribution management system market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.

Advanced distribution management system (ADMS) represents a software-based solution that is used for managing energy output, regulating the electricity demand, and reducing outages in the distribution grid. It also involves the management of distributed energy resources (DERs), integrated utility tools, and closed-loop interactions with building management systems. ADMS offers various advantages, including data security, enhanced reliability, renewable energy usage, power quality, resilience to natural disasters, etc. As such, it finds extensive applications across several industries, such as energy, manufacturing, transportation, defense, information technology (IT), telecommunication, etc.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/advanced-distribution-management-system-market/requestsample

Market Trends

The escalating demand for efficient energy resources is one of the key factors driving the advanced distribution management system market. Apart from this, the elevating utilization of advanced metering infrastructure (AMI), which aids in remotely monitoring voltage, measuring the electricity usage, identifying and isolating outages, etc., is also catalyzing the market growth. Additionally, the inflating need for seamless two-way communications between utilities and customers is augmenting the global market. Besides this, the rising utilization of advanced components and control systems to reduce overall costs and improve energy security is acting as another significant growth-inducing factor. Moreover, the widespread adoption of these solutions in energy management, automated meter reading (AMR), volt control functions, distribution management, etc., is positively influencing the market growth. In addition to this, the launch of numerous favorable initiatives by government bodies across the globe to enhance the carbon efficiency of industries is anticipated to fuel the advanced distribution management system market over the forecasted period.

NoteWe are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • 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
  • SC Electric Company
  • Schneider Electric SE
  • Siemens AG
  • Survalent Technology Corporation.

Ask Customization and Browse full report with TOC List of Figure: https://bit.ly/3EQfPBL

The report has segmented the market based on offering, system type and end use industry.

Breakup by Offering:

  • Software?
  • Services

Breakup by System Type:

  • Distribution Management System (DMS)
  • Automated Meter Reading/Advanced Metering Infrastructure (AMR/AMI)
  • Distributed Energy Resources Management Systems (DERMS)
  • Energy Management Systems (EMS)
  • Customer Information Systems (CIS)
  • Meter Data Management Systems (MDMS)

Breakup by End Use Industry:

  • Energy and Utilities
  • IT and Telecommunications
  • Manufacturing
  • Defense and Government
  • Infrastructure
  • Transportation and Logistics
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Browse Other Reports by IMARC Group:

Insurance Analytics Market 2022-2027 | Size, Growth, Industry Trends, Analysis, Share and Forecast

Data Wrangling Market Report Analysis, Industry Trends, Growth, Share, Size and Forecast 2021-2026

Alopecia Treatment Market Report Industry Trends, Growth, Size, Analysis, Share and Forecast 2021-2026

Anti-Rheumatics Market Report Growth, Size, Share, Industry Trends, Analysis and Forecast 2021-2026

Push-to-Talk Over Cellular Market Report Size, Share, Analysis, Growth, Industry Trends and Forecast 2021-2026

Auto Dimming Mirror Market Report Share, Analysis, Industry Trends, Growth, Size and Forecast 2021-2026

Algae Products Market Report Analysis, Industry Trends, Growth, Size, Share and Forecast 2021-2026

Security Testing Market Report Industry Trends, Growth, Size, Share, Analysis and Forecast 2021-2026

Microbiome Sequencing Services Market Report Growth, Size, Share, Analysis, Industry Trends and Forecast 2021-2026

Ablation Devices Market Report Size, Share, Analysis, Industry Trends, Growth and Forecast 2021-2026

Anticoagulants Market Share, Size, Demand, Trends, Analysis and Forecast 2021-2026

Patient Handling Equipment Market Share, Size, Growth, Demand, Trends, Analysis and Forecast 2021-2026

Precast Concrete Market Analysis, Share, Size, Growth, Demand, Trends and Forecast 2021-2026

Intraoperative Imaging Market Demand, Trends, Analysis, Share, Size, Growth and Forecast 2021-2026

Metal Foil Tapes Market Growth, Demand, Trends, Analysis, Share, Size and Forecast 2021-2026

Smart Stadium Market Size, Growth, Demand, Trends, Analysis, Share and Forecast 2021-2026

Managed Print Services Market Share, Analysis, Size, Demand, Trends and Forecast 2021-2026

Poultry Diagnostics Market Share, Analysis, Size, Growth, Demand, Trends and Forecast 2021-2026

Flame Retardants Market Analysis, Demand, Trends, Share, Size, Growth and Forecast 2021-2026

Vaccine Adjuvants Market Demand, Trends, Growth, Analysis, Share, Size and Forecast 2021-2026

App Analytics Market Growth, Size, Demand, Trends, Analysis, Share and Forecast 2021-2026

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: [email protected]
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Leave a Reply

Your email address will not be published. Required fields are marked *