An advanced
distribution management system is a software platform that
facilitates the full suite of optimization and distribution
management. It operates automate outage restoration and optimizes
the performance of the distribution grid. Various applications of
advanced distribution management system include fault location,
isolation, and service restoration (FLISR), planning function,
volt/VAR control, and advanced forecasting using supervisory control
and data acquisition (SCADA) system. Advanced distribution management
systems have emerged as a major smart grid technology innovation with
the potential to combine utility distribution IT systems into a
single, more efficiently managed platform. These systems function for
electric utilities for numerous applications such as fault location,
restoration, and isolation, conservation through voltage reduction,
volt/volt-ampere reactive optimization, support for microgrids and
electric vehicles and peak demand management.
The Advanced
Distributed Management System Market has been experiencing
massive growth in the recent years due to rapid development in smart
grid technology and rise in global energy demand. Government
regulations mandating the deployment of advanced distributed
management system to enhance the carbon efficiency and reduce the
cost is expected to drive the market in near term. Additionally,
increasing need for improved customer service and utility efficiency
is further expected to fuel the market growth. However, lack of
standard interface and interoperability issues in advanced
distributed management systems is hindering the market growth. Also,
inadequate financial incentives for utilities is also restraining the
market growth. Infrastructural developments such as development of
smart cities and integration of advanced distributed management
systems with smart devices is expected to create huge opportunities
for the companies operating in global advanced distributed management
system market.
The global advanced
distributed management system market is segmented on the basis of
type, end user and geography. Based on the type, the market is
classified into software and services. Services is further sub
segmented into consulting, system integration and support and
maintenance. Among these, system integration is expected to dominate
the market during the forecast period. Increasing demand for system
integrators to install, manage and maintain various connected
platforms is a major driving factor for the growth of the system
integration segment. In terms of end user, the market for advanced
distribution management system is segmented into industrial,
commercial and residential end users. On the basis of geography, the
global advanced distributed management system market is segmented
into North America, Europe, Asia Pacific, Latin America, and the
Middle East and Africa. Among these, North America is expected to
lead the advanced distributed management system market during the
forecast period due to rising need for energy, increasing government
regulations regarding carbon savings and increasing number of smart
grid projects. Moreover, Middle East & Africa (MEA) and Latin
America is expected to tender growth opportunities owing to the
increasing smart grid projects and increasing energy prices.
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Some of the Leading
Companies operating in the global advanced distributed
management system market with the most significant developments
include Oracle Corporation, Schneider Electric SE, ABB Group, Indra
Sistemas, General Electric Company, Advanced Control Systems, Siemens
AG, Survalent Technology, ETAP/Operation Technology, Inc., Capgemini
Consulting, S&C Electric Company, Alstom S.A. and Open Systems
International, Inc.
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