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Global Generation Management Systems Market 2016-2020

Global Generation Management Systems Market 2016-2020

About Generation Management Systems (GMS)

GMS are traditionally a part of the energy management systems; it is a mission critical tool that enables power companies or asset managers to manage their fleet of generation assets. GMS is a vital part of the modern power grid. It enables asset managers to optimize their assets for efficient power production and balance the profitability with risk and cost. Generation companies operate in various geographical areas and in different energy markets. GMS monitors the demand trend on the power exchange and provides an interface, thereby allowing proper planning of the supply to meet the spot market demand.

Technavio’s analysts forecast the global generation management systems market to grow at a CAGR of 3.52% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global generation management systems market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Generation Management Systems Market 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • GE-Alstom Grid
  • Open Systems International (OSI)
  • Siemens
Other prominent vendors
  • Atos
  • Schneider Electric
  • Emerson
  • IBM
  • Honeywell
  • Customized Energy Solutions
Market driver
  • Need for improved reliability
  • For a full, detailed list, view our report
Market challenge
  • Reluctance of grid operators
  • For a full, detailed list, view our report
Market trend
  • Increased integration of power resources
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Generation Management Systems Market 2016-2020

Technavio recognizes the following companies as the key players in the global generation management systems market: ABB, GE-Alstom Grid, Open Systems International (OSI), and Siemens

Other Prominent Vendors in the market are: Atos, Schneider Electric, Emerson, IBM, Honeywell, and Customized Energy Solutions

Commenting on the report, an analyst from Technavio’s team said that increased integration of power resources is one of the trends spurring growth for the market. Globally, efforts are being made to reduce the dependency on fossil fuel as it is one of the major contributors to emissions. This has compelled governments to focus on cleaner fuel sources such as nuclear and renewables that have the potential to substitute fossil fuels without increasing the emission levels significantly. The governments, globally, have been supporting such technologies with the aid of lucrative policies, incentives, and rebates. Over the past two decades, the share of renewable and alternate sources of energy in the global energy mix has risen due to the major investments flowing from the US, China, and the EU.

According to the report, need for improved reliability is a key driver aiding to the growth of this market. Financial services are one of the most data-intensive industries. The deregulation of the power market has structurally changed the power sector. This has led to intense competition requiring the plant operators to improve the efficiency of the plants and provide reliable service to their customers. Therefore, to maximize their profits and stay ahead in the competition, utilities are adopting generation management systems that provide solutions for day to day operations for quick response times. These systems are also designed to gather data from other departments for load forecasting and optimizing the power generation resources to provide continuous power to their consumers, while keeping the prices of electricity low. Profitable operation requires the power plants to run efficiently, have reduced maintenance costs and be failure proof.

Further, the report states that reluctance of grid operators is challenge the market is facing. Semiconductor manufacturing equipment is expensive. GMS is a vital role in the management of the generation assets. It is a control system that enables the utilities to plan their day to day functions and meet the demand by optimizing the power generation fleet. It is typically integrated with EMS. The increasing complexities of power generation due to a rise in the number of power sources and deregulation have led to the adoption of GMS as a stand-alone system by grid operators. However, the scenario is not same. Not every utility has adopted a stand-alone GMS system. Utilities or grid operators find that the automatic generation control system available on SCADA, which performs part of the functions of a GMS, is considered sufficient and are not willing to switch to a separate GMS system. Therefore, the reluctance of the grid operator to use a standalone GMS acts as a major hindrance to a growth of the market.

Companies Mentioned

ABB, GE-Alstom Grid, Open Systems International (OSI), Siemens, Atos, Schneider Electric, Emerson, IBM, Honeywell, Customized Energy Solutions

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Benefits of GMS
  • Market landscape
    • Market overview
      • Table Market landscape
    • Market size and forecast
      • Table Global generation management systems market 2015-2020 ($ millions)
      • Table Global renewable electric power capacity 2000-2015 (GW)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global generation management system market by application 2015
      • Table Global generation management system market by application 2015
    • Global generation management system market by application 2020
      • Table Global generation management system market by application 2020
    • Global generation management system market by application 2015-2020
      • Table Global generation management system market by application 2015-2020
    • Global generation management system market by software application 2015-2020
      • Table Global generation management system market by software application 2015-2020 ($ millions)
      • Table Functions of generation management
    • Global generation management system market by services application 2015-2020
      • Table Global generation management system market by services application 2015-2020 ($ millions)
  • Geographical segmentation
    • Global generation management system market by geographical segmentation 2015
      • Table Global generation management system market by geographical segmentation 2015
    • Global generation management system market by geographical segmentation 2020
      • Table Global generation management system market by geographical segmentation 2020
    • Global generation management system market by geographical segmentation 2015-2020
      • Table Global generation management system market by geographical segmentation 2015-2020
    • Generation management systems market in EMEA 2015-2020
      • Table Generation management systems market in EMEA 2015-2020 ($ millions)
      • Table Functions of electricity interconnections in EMEA
      • Table Electricity interconnection levels for electricity in 2014
      • Table GMS functions in energy trading
    • Generation management systems market in the Americas 2015-2020
      • Table Generation management systems market in the Americas 2015-2020 ($ millions)
    • Generation management systems market in APAC 2015-2020
      • Table Generation management systems market in APAC 2015-2020 ($ millions)
  • Key leading countries
    • Table Functioning of vertically integrated electric utility and a deregulated electricity market
    • Table Major driver, challenge, and trend
    • Table Major driver, challenge, and trend
  • Market drivers
    • Table Traditional power grid
    • Table Transformed grid
    • Table Smart grid technologies applicability across various parts of the grid
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Share of fossil fuels in the global energy mix 2014 and 2035
    • Table Benefits of distribution generation
    • Table Net summer capacity for estimated distributed solar PV capacity 2014-2015
    • Table Most commonly used distribution energy resources
    • Table Power flow during normal grid conditions vs. power flow in distribution generation
  • Vendor landscape
    • Other prominent vendors
      • Table Other prominent vendors of generation management systems and services
  • Key vendor analysis
    • ABB
      • Table Product portfolio
    • GE-Alstom Grid
      • Table Product portfolio
    • OSI
      • Table Key generation management system solutions
      • Table Generation management system solutions product portfolio
    • Siemens
      • Table Siemens: Business segmentation by revenue 2015
      • Table Generation management systems product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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