Global Advanced Distribution Management System Market Scope And Analysis

Report Code : TIPTE100000762
Category : Technology, Media and Telecommunications

No. of Pages : 150

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Advanced Distributed Management System Market Analysis and Scope (2024 to 2031)

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Advanced Distributed Management System Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 2.73 Billion
Market Size by 2031	US$ 12.47 Billion
Global CAGR (2023 - 2031)	20.9%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Type Solutions and Services By Grid Type High Voltage Grid Medium Voltage Grid Low Voltage Grid
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	AutoGrid Systems Inc GE DIGITAL Hitachi Energy Ltd Indra Oracle Operation Technology Inc Open Systems International Inc Schneider Electric Siemens Survalent Technology Corporation

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