Press release
Advanced Distribution Management System Market 2023-2028 | Size, Share & Industry Report
According to the latest report by IMARC Group, titled, "Advanced Distribution Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global advanced distribution management system market size reached US$ 1,293.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,435.7 Million by 2028, exhibiting a growth rate (CAGR) of 16.2% during 2023-2028.
Market Overview:
An advanced distribution management system (ADMS) is an operating software platform that optimizes the performance of electrical grids. It provides a common dashboard to collect, collate, and analyze data from multiple power distribution applications. It assists in fault location, isolation and restoration, volt-ampere reactive optimization, conservation through voltage reduction, and peak demand management. At present, it is employed in energy and utilities, manufacturing, defense, government, infrastructure, transportation, logistics, and information technology (IT) and telecommunication industries across the globe.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/advanced-distribution-management-system-market/requestsample
Advanced Distribution Management System Market Trends and Drivers:
The growing utilization of smart grid applications and increasing adoption of advanced metering infrastructure (AMI) represent one of the key factors positively influencing the market. In addition, the increasing adoption of ADM platforms in online banking, communication, and IT transferring units to maintain data on the servers between two requests, which aid in improved performance on retrieval of data, is creating a favorable market outlook. Moreover, rapid urbanization and increasing rate of electrification in houses and commercial places are contributing to the growth of the market. Besides this, increasing investments in research and development (R&D) activities to enhance ADMS capabilities, including the management of high penetrations of distributed energy resources (DERs), closed-loop interactions with building management systems, and the integration with utility tools for meter data management and billing is projected to stimulate the growth of the market.
Advanced Distribution Management System Market 2023-2028 Competitive Analysis and Segmentation:
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
S&C Electric Company
Schneider Electric SE
Siemens AG
Survalent Technology Corporation.
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
Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/advanced-distribution-management-system-market
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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https://www.openpr.com/news/3032240/premenstrual-syndrome-treatment-market-size-to-reach-us-1-683
Contact us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Market Overview:
An advanced distribution management system (ADMS) is an operating software platform that optimizes the performance of electrical grids. It provides a common dashboard to collect, collate, and analyze data from multiple power distribution applications. It assists in fault location, isolation and restoration, volt-ampere reactive optimization, conservation through voltage reduction, and peak demand management. At present, it is employed in energy and utilities, manufacturing, defense, government, infrastructure, transportation, logistics, and information technology (IT) and telecommunication industries across the globe.
Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/advanced-distribution-management-system-market/requestsample
Advanced Distribution Management System Market Trends and Drivers:
The growing utilization of smart grid applications and increasing adoption of advanced metering infrastructure (AMI) represent one of the key factors positively influencing the market. In addition, the increasing adoption of ADM platforms in online banking, communication, and IT transferring units to maintain data on the servers between two requests, which aid in improved performance on retrieval of data, is creating a favorable market outlook. Moreover, rapid urbanization and increasing rate of electrification in houses and commercial places are contributing to the growth of the market. Besides this, increasing investments in research and development (R&D) activities to enhance ADMS capabilities, including the management of high penetrations of distributed energy resources (DERs), closed-loop interactions with building management systems, and the integration with utility tools for meter data management and billing is projected to stimulate the growth of the market.
Advanced Distribution Management System Market 2023-2028 Competitive Analysis and Segmentation:
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
S&C Electric Company
Schneider Electric SE
Siemens AG
Survalent Technology Corporation.
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
Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/advanced-distribution-management-system-market
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Top Trending Market Reports:
https://www.openpr.com/news/3032167/water-scooter-market-size-to-reach-us-2-7-billion-by-2028
https://www.openpr.com/news/3032186/tissue-banking-market-size-to-reach-us-3-1-billion-globally
https://www.openpr.com/news/3032201/quadricycle-and-tricycle-market-size-to-reach-us-12-250-million
https://www.openpr.com/news/3032221/protein-detection-quantification-market-size-to-reach-us-4-4
https://www.openpr.com/news/3032240/premenstrual-syndrome-treatment-market-size-to-reach-us-1-683
Contact us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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