According to new research study on Advanced Distribution Management System Market research report provides size, share, trends, analysis report contains all study material about market industry overview, growth, demand and forecast research in all over the world. The report also analyses the competitive structure of the Advanced Distribution Management System and provides the profiles of major players operating in the market. Growth inducing factors, market restraints and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry.

The advanced distribution management system market was valued US$ 952.0 million in 2019, it is expected to grow at a CAGR of 19.9% during the forecast period 2020 – 2027.

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Smart Grid has overcome the challenges of traditional grid, such as greenhouse effect, polluted gas emission. It is a modern power generation that supports renewable energy sources such as, sun, wind, and water. Smart grid benefited from improved security, helps in reducing operational costs, help in lowering electricity rates, efficient transmission of electricity and also increased integration of large-scale renewable energy systems. Similarly, the smart grid is also capable of learning behavior of power generation, resources to optimize energy generation and to automatically maintaining voltage, power, and frequency factor on multiple points in the grid. Smart grid technologies are flourishing US market, with more than 140 companies, out of which 77.4% of smart grid technology companies are US based. Advanced metering infrastructure (AMI) and a meter data management system (MDMS) are basic components of smart grid which is responsible for data collection, storage, and management.

Key Players Covered In This Report:

·         ABB Ltd

·         Advanced Control Systems, Inc. (Indra Company)

·         Capgemini SE

·         General Electric Company

·         Oracle Corporation

·         Open Systems International, Inc. (Emerson Electric)

·         Operation Technology, Inc. (Etap)

·         Schneider Electric

·         Siemens AG

·         Survalent Technology Corporation

Modernization in the grid for distribution systems has the ability to monitor, control, and mangling unplanned event with reliability. The integration of ADMS with smart devices has created enormous opportunities in the ADMS market, as ADMS technologies are increasingly deployed to control and manage the complexities involved. Some of the key complexities are increasing penetration levels of renewable generation, and grid forming smart assets such as smart inverters. Thus, the demand for ADMS integration with smart devices has been increasing. In addition to this, grid modernization efforts for ADMS has become the primary decision support system for all utility operators to handle complexities that are increasing day by day.

The research provides answers to the following key questions:

·         What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?

·         What are the key driving forces responsible for shaping the fate of the Advanced Distribution Management System market during the forecast period?

·         Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Advanced Distribution Management System market?

·         What are the prominent market trends influencing the development of the Advanced Distribution Management System market across different regions?

·         What are the major threats and challenges likely to act as a barrier in the growth of the Advanced Distribution Management System market?

·         What are the major opportunities the market leaders can rely on to gain success and profitability?

MARKET SEGMENTATION

By Type

Solutions

·         SCADA

·         Distributed Network Analysis

·         Outage Management System

Services

·         Consulting

·         System Integration

·         Support and Maintenance

By Grid Type

·         High Voltage Grid

·         Medium Voltage Grid

·         Low Voltage Grid

By Vertical

·         Commercial

·         Industrial

The report covers the main drivers in the industry. In addition to the competitive planning in this area, it also provides an in-depth analysis of key growth trends and market prospects in the years to come. The research report also provides a clearer understanding of market trends for all manufacturers and investors.

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