Advanced Distribution Management Market 2021 Industry Growth Analysis by Key Players, Segments, Competitive Landscape and Forecast to 2030 | Says Kenneth Research

In a recent published report, Kenneth Research has updated the market report for Advanced Distribution Management Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Advanced Distribution Management Market products.

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The Advanced Distribution Management Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

Market Scenario

The major players dominating the market for Advanced Distribution Management Systems (ADMS) are Advanced Control Systems (U.S.), Schneider Electric SE (France), ABB Group (Switzerland), General Electric Company (U.S.), Siemens AG (Germany), among others. These companies offer advanced distribution management systems combined with outage management, and supervisory control and data acquisition systems that increase grid efficiency, maximize the use of renewable energy, enhance automated operations and reduce energy consumption.

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The advanced distribution management system has fundamental parts which are power control system, energy management system, supervisory control and data acquisition, distribution management system, outage management and demand response management system. These systems are integrated with supervisory control and data acquisition (SCADA) systems that provide enhanced automated control on operational distribution. It is also connected with smart grid, distributed resources, and utility operation technologies to provide real-time information of the distributed network. By using real-time information, ADMS simplifies the operational workflow of utilities and industries. For instance, the scope of application of ADMS in electric utilities includes Volt/Volt-Ampere Reactive Optimization, fault location, restoration, and electric vehicles that manage electricity generation as well as its consumption.

Segmentation of Global Advanced Distribution Management Systems Market

The global advanced distribution management systems market is segmented on the basis of components, deployment, application, verticals, and region. The component segment is sub-segmented as hardware, software, solutions, and services. The solutions are segmented into distribution management systems, outage management systems, energy management systems, and network management systems. Whereas, services are sub-segmented into professional and managed services.

The professional service is segmented into consulting, system integration and support and maintenance. The deployment is segmented into the cloud and on-premise. The application is segmented into supervisory control & data acquisition system, fault location, isolation, and service restoration, volt/Var control function, and distribution network system. The verticals are segmented into energy and utilities, defense and government, manufacturing, transportation and logistics and others. The market is covered across regions including North America, Europe, Asia Pacific, and Rest of the World.Global advanced distribution management systems market is estimated to reach USD 2,146 Million by the end of the forecast period, at a CAGR of 19%.

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Key Players

Some of the prominent players in the global advanced distribution management systems market Schneider Electric SE (France), General Electric Company (U.S.), ABB Group (Switzerland), Oracle Corporation (U.S.), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), Advanced Control Systems (U.S.), S&C Electric Company (U.S.), Survalent Technology (Canada),  Open Systems International, Inc. (U.S.) among others.

Regional Analysis

The regional analysis of advanced distribution management systems market is done for North America, Asia Pacific, Europe, and the rest of the world. North America holds the largest share of the market across the globe due to the emergence of smart grid projects in the U.S. requiring new technologies for grid management and optimization. Whereas, Asia Pacific countries, including China, Japan, and India, are the emerging markets for advanced distribution management systems and the region is expected to grow with the highest CAGR in the coming years.

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Intended Audiences

Advanced Distribution Management Systems companies

Advanced Distribution Management Systems providers

Computer graphics developers

System integrators and third-party vendors

Government bodies

Technology investors 

Research institutes and organizations

Market research and consulting firms

End-users/enterprise-users

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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