Advanced Distribution Management System Market Report 2031
The advanced distributed management system market size is projected to reach US$ 12.47 billion by 2031 from US$ 2.73 billion in 2023. The market is expected to register a CAGR of 20.9% in 2023–2031. The rapid growth in the electric vehicle market and government towards the implementation of smart grids are likely to remain key to advanced distributed management system market trends.
Advanced Distributed Management System Market Analysis
There is a rise in demand for solutions that offer high reliability, enhanced power quality, renewable energy sources, and data security. This factor contributes to the demand for advanced distribution management systems. In addition, the customers demand technology and solutions that can handle the disrupted flow of power, which further leads to advanced distribution management systems market growth. The growing demand for electric vehicles and demand for safe and reliable integrated single platform foster the market growth further. The requirement to minimize the power cost and minimize power losses leads to the adoption of an advanced distributed management system.
Advanced Distributed Management System Market Overview
A number of utilities are now implementing advanced distribution management systems (ADMS), a software platform that integrates multiple utility systems and automates outage restoration and distribution grid performance. ADMS functions may also include automated fault location, isolation, and service restoration (FLISR), conservation voltage reduction, peak demand management, and volt/volt-ampere reactive (volt/VAR) optimization. In addition, an ADMS converts utilities from paperwork and manual process systems to systems that use real-time or near-real-time data, automated processes, and unified systems.
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Advanced Distributed Management System Market: Strategic Insights
Market Size Value in US$ 952.0 Million in 2019 Market Size Value by US$ 3035.0 Million by 2027 Growth rate CAGR of 19.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Advanced Distributed Management System Market: Strategic Insights
| Market Size Value in | US$ 952.0 Million in 2019 |
| Market Size Value by | US$ 3035.0 Million by 2027 |
| Growth rate | CAGR of 19.9% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Advanced Distributed Management System Market Drivers and Opportunities
Growing Electric Vehicle Market to Favor Market
The proliferation of electric vehicles fosters the adoption of advanced distributed management systems. The advanced distributed management system contributes to better planning for increased deployment, as well as the connection of distributed generation and electric vehicles. This feature optimizes capital expenditures for network reinforcement and automation, as well as filtering and reporting for historical analysis. It includes network modeling and analysis transmission and sub-transmission capabilities that can be deployed as a fully integrated or standalone system.
Rising focus on the implementation of smart grids
With the rising need for efficient energy worldwide, smart grid technologies are implementing across the globe. An advanced distributed management system helps to optimize energy consumption and recognizes grid problems to help with the efficient transportation of data and power. Therefore, the growth in the construction of smart cities and the government's focus on increasing carbon efficiency are some of the major factors fueling the installation of smart grids and which further drive the advanced distributed management system market. Some of the government initiatives that drive the implantation of smart grids are the US’s Smart Grid Investment Grant (SGIG) Program and the Smart Grid Demonstration Program (SGDP), IndiaSmart Energy Grids and Storage(SEGS) programs, and India EU Integrated Local Energy Systems.
Advanced Distributed Management System Market Report Segmentation Analysis
Key segments that contributed to the derivation of the advanced distributed management system market analysis are type, grid type, and vertical.
- By type, the market is segmented into solution and services. The solution segment held the largest market share in 2023.
- Based on the grid type, the market is segmented into high voltage grid, medium voltage grid, and low voltage grid. The high voltage grid segment is expected to grow with the highest CAGR.
- By vertical, the market is segmented into industrial and commercial. The industrial segment is expected to grow with the highest CAGR.
Advanced Distributed Management System Market Share Analysis by Geography
The geographic scope of the advanced distributed management system market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
Asia Pacific region is expected to grow with the highest CAGR. The proliferation of smart grid initiatives by the government leads to the installation of smart grid. The growing electric vehicle market in the region fuels the demand for solutions that helps in advanced planning and analysis of power management, driving the use of advanced distributed management system technology.
Advanced Distributed Management System Market Report Scope
Advanced Distributed Management System Market News and Recent Developments
The Advanced Distributed Management System Marketis evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In April 2022, the National Grid Electricity System Operator (ESO) deployed GE Digital’s Effective Inertia Metering & Forecasting solution across Great Britain’s electricity network to support the addition of renewable energy sources to the grid. The GE Digital solution was designed to deliver valuable capabilities to inform National Grid ESO’s management and engineers of grid inertia day-to-day to help ensure the system can handle a worst-case generator loss. (Source: GE Digital, Press Release, 2022)
- In February 2024, Aspen Technology, Inc. (NASDAQ: AZPN), a global leader in industrial software, announced the implementation of its digital grid management solutions by Adani Electricity, a leading power company in India. AspenTech’s next-generation SCADA system and its Advanced Distribution Management System (ADMS) have been incorporated into Adani Electricity’s new network operation center located in Hiranandani Powai to monitor and control in real-time an intelligent power grid that provides reliable, safe, and secure service to its more than three million customers throughout Mumbai. With this implementation, Adani Electricity positions itself as a leader among the most advanced utilities in the region. (Source: Aspen Technology, Inc., Press Release, 2024)
Advanced Distributed Management System Market Report Coverage and Deliverables
The “Advanced Distributed Management System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Grid Type , and Vertical
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Austria, Benelux, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, Spain, Switzerland, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global advanced distributed management system market was estimated to be US$ 2.73 billion in 2023 and is expected to grow at a CAGR of 20.9% during the forecast period 2023 - 2031.
The rapid growth in the electric vehicle market and the government's towards the implementation of smart grids are the major factors that propel the global advanced distributed management system market.
Integration with artificial intelligence is anticipated to play a significant role in the global advanced distributed management system market in the coming years.
The key players holding majority shares in the global advanced distributed management system market are GE DIGITAL; Hitachi Energy Ltd.; Operation Technology, Inc.; Schneider Electric; and Siemens.
The global advanced distributed management system market is expected to reach US$ 12.47 billion by 2031.
The incremental growth expected to be recorded for the global advanced distributed management system market during the forecast period is US$ 9.73 billion.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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