Global Advanced Distribution Management System Market 2015-2019
About Advanced Distribution Management System
An advanced distribution management system is a combination of DMS, SCADA, and OMS along with the control room applications on a single, secure platform having a single user interface. This system basically works in combination with the GIS, the utility’s CIS, and IVR system. The system is specifically designed to reduce the financial impact of a power blackout. With the help of this system, power utilities are able to monitor and control the distribution network, thereby enhancing the quality of their services. It also helps in providing a real-time analysis of the operational condition of a power network and provides self-healing capabilities. Ultimately, the advanced distribution management system helps in the proper management of increasing energy consumption, surging energy cost, and power system network instability due to aging.
Technavio's analysts forecast the global advanced distribution management system market to grow at a CAGR of 17.1% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the global advanced distribution management system market for the period 2015-2019. The report includes the segmentation of the market based on components as well as geography.
Technavio's report, Global Advanced Distribution Management System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Advanced Distribution Management System Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Advanced Distribution Management System Market: ABB, Alstom, GE Digital Energy, Schneider and Siemens
Other Prominent Vendors in the market are: Advanced Control Systems, Capgemini and S&C Electric
Commenting on the report, an analyst from Technavio’s team said: “Advances in technology in most power infrastructure components such as energy generation, energy storage, distribution management, and power consumption are expected to be of benefit to global advanced distribution management system market. Smart grid technology and networks integrate various advanced technologies, such as the Internet, computers, and wireless networking including WAN and LAN, with power grids. In addition, the HAN system and in-home displays are also being implemented as a part of enhancing the OMS. Therefore, an increase in the integration of smart grid technologies is expected to exert a positive effect on the market during the forecast period.”
According to the report, with the integration of smart meter data and analytics becoming an essential part of upcoming project plans, the complexity of the OMS has increased substantially. While setting up the OMS, the utilities have to consider all the parameters and upgrade the whole system rather than a single part of the system. Utilities are focusing on multiple systems and are looking at ways to maximize their internal resources and technical experience to efficiently and cost-effectively upgrade the OMS structure in the system. This task requires processing data and information from various sources, taking correct decisions in real time, and interconnecting continuously both externally and internally. Therefore, the power utilities, especially in the Americas, are trying to replace the stand-alone OMSs with an integrated ADMS, a development which will ultimately boost the growth of the market during the forecast period.
Further, the report states that many utilities across the globe upgrade their power systems only when they are damaged or when several power outages have taken place. This is an outcome of the near-term cost evasion strategy adopted by utilities, which acts as a barrier to the adoption of smart grids and related applications. This approach will hinder the growth of the global advanced distribution management system market as grid enhancement is an integral part of smart grid solutions.
ABB, Alstom, GE Digital Energy, Schneider, Siemens, Advanced Control Systems, Capgemini, S&C Electric
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