Name: Advanced Distribution Management Systems Market
Brand: Future Market Insights
SKU: REP-GB-10975
Price: 5000 USD
Availability: InStock
Rating: 4.4 (18 reviews)

Supervisory Control & Data Acquisition - Target Application Area

Supervisory control & data acquisition (SCADA) continues to be the conventional application of advanced distribution management systems. Adoption of advanced distribution management systems in SCADA accounts for over one-third of the total revenue share, and the figure is poised to grow through 2029.

While distributed energy resource management systems (DERMS) and geospatial information systems (GIS) also represent increasing scope of application, usage of ADMS in fault location, isolation & service restoration (FLISR) to address power outage, and supply faults is reflecting noteworthy growth prospects.

Advanced Distribution Management Systems Adoption Analysis, 2019(E)

APEJ to Outperform Developed Regional Markets

The need to ensure optimized and cost-effective energy distribution remains the prime factor promoting market growth in both, developed and developing regions. The advanced distribution management systems markets in North America and Europe currently capture a collective share of around 3/5 of total adoption, majorly spearheaded by the U.S. and the U.K., respectively.

However, there are strong indications that the advanced distribution management systems market in Asia Pacific excluding Japan (APEJ) is likely to outpace these developed regional markets in the coming years, owing to surging energy demand in countries such as China and India.

Vehicle-to-Grid Technology Emerging at Tipping Point

Considering fluctuating climate patterns, the automotive industry is increasingly turning to space-age technologies such as vehicle-to-grid (V2G) technology for electric automobiles. V2G technology enables controlled and bi-directional electricity flow between a vehicle and a smart grid.

Electric vehicles equipped with the V2G feature are considered as controllable loads responding to frequency fluctuations. Further, the technology allows charging of electric vehicles anywhere, regardless of the location. With the sustainability drive making a foray into the automotive sector, ADMS providers must realign their strategies for bigger margins.

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How Growth will Unfold

At present, the demand for advanced distribution management systems is gaining impetus from the energy & utility industry in order to optimize energy supply, curb electricity loss, and minimize electricity deficit. Adoption of ADMS in the energy & utility industry will follow a robust growth curve, and account for over one-third of the global demand.

While demand from the manufacturing industry is also contributing to the profit margins, increasing scope of application in the transportation & logistics and oil & gas industries is likely to open wide windows of opportunities for players in the global advanced distribution management systems market.

Advanced Distribution Management Systems Market by Industry

FREQUENTLY ASKED QUESTIONS ABOUT ADVANCED DISTRIBUTION MANAGEMENT SYSTEMS MARKET

What are the future opportunities in the advanced distribution management systems market?

Rapid development in infrastructure and adoption of advanced distribution management systems in smart devices are anticipated to create opportunities for players in the advanced distribution management systems market.

What are the major challenges for the advanced distribution management systems market?

Aging infrastructure, interoperability issues, and inadequate standard interface in advanced distribution management systems are restricting the growth of the global advanced distribution management systems market.

Which industry will have significant revenue growth in the next five years?

The energy and utilities industry is the largest customer of advanced distribution management systems, as the industry is focusing on balancing the demand and supply of energy in order to ensure cost effectiveness and efficiency.

Which application area holds potential growth opportunities for market players?

The fault location, isolation and service restoration application holds potential growth opportunities, as FLISR reroutes power to reduce power supply faults, power outage, and other disturbances. It automatically isolates the fault zone and restores services to remaining customers by transferring them to adjacent circuits.

Which region is expected to be at the forefront in the global advanced distribution management systems market?

Asia Pacific excluding Japan is anticipated to remain at the forefront, offering high growth opportunities for players in the advanced distribution management systems market. Due to rapid industrialization in the developing countries of the region, energy demand has significantly increased, which is boosting market growth.

Who are the major companies leading the advanced distribution management systems market?

Prominent companies in the advanced distribution management systems market include Schneider Electric, ABB Group, Siemens AG, Oracle Corporation, GE Digital, Survalent Technologies, Etap, and Open Systems International.