Advanced Distribution Management Systems Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029

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Advanced Distribution Management Systems Market - Global Industry Analysis, Growth, Key Trends, Regional Assessment and Forecast 2019 - 2029

Status : August, 2020 | Technology & Media | PPT format

Report Digest


Advanced Distribution Management Systems Market: Overview

The need for advanced distribution management systems to reduce the pressure on utility companies through features like real-time monitoring and communication will serve as a turning point for the growth of the advanced distribution management systems market across the forecast period of 2019-2029. An advanced distribution management system (ADMS) is a software platform that comprises functions ranging from optimizing distribution of grid performance to automated outage restoration. On the basis of type, the advanced distribution management systems market is segmented into software, service, support and maintenance, consulting, and system integration.

This advanced distribution management systems market report analyzes diverse factors influencing the growth rate. Some major parameters such as key trends, competitive landscape, and the regional outlook of the advanced distribution management systems market have been thoroughly studied and covered in this report. Market stakeholders can greatly benefit from this deeply scrutinized report on the advanced distribution management systems market. Furthermore, this report also sees the advanced distribution management systems market through the lens of the COVID-19 outbreak, thus giving a complete idea of the present market scenario.

Advanced Distribution Management Systems Market: Competitive Landscape

The presence of numerous large and small-scale vendors classifies the advanced distribution management systems market as highly fragmented. These players are in constant competition to grab an established place in the advanced distribution management systems market. Key players are involved in mergers, acquisitions, joint ventures, and partnerships to cement their position in the advanced distribution management systems market. These activities eventually help in the growth of advanced distribution management systems market

Some well-entrenched players in the advanced distribution management systems market are Survalent Technology, Advanced Control Systems Inc., Siemens SE, Oracle Corporation, General Electric Company, Capgemini Consulting, and ABB Group.

Advanced Distribution Management Systems Market: Key Trends

Technological advancements are taking a front seat in the advanced distribution management systems market. The inculcation of cybersecurity in advanced distribution management systems is a classic instance. Energy security is a prime concern and protection against malware and cyberattacks will help in preventing any untoward activity. Therefore, the inculcation of such technologies may bring good growth opportunities for the advanced distribution management systems market.

The swift escalation in smart grid deployments and the growing demand for cost-efficient energy is driving the need for installation of advanced distribution management systems market. The smart city projects undertaken by governments of various countries are further helping in increasing the growth rate of the advanced distribution management systems market.

Advanced Distribution Management Systems Market: Geographical Assessment

The advanced distribution management systems market is spread across North America, Asia Pacific, the Middle East and Africa, Latin America, and Europe. North America is expected to observe a dominating streak across the forecast period due to the early adoption of advanced distribution management systems and rising technological advancements.

Asia Pacific will observe impressive growth as developing economies constitute a large chunk of advanced distribution management systems installations. Government projects undertaken by various countries in the region will also boost the growth rate of the advanced distribution management systems market. For instance, the Government of India launched over 100 smart cities in a phased manner in the first volume of its smart city project and plans to extend the Smart City project to over 4000 cities in the country. Similar developments are ongoing in other parts of the region. Hence, such developments bring substantial growth opportunities for the advanced distribution management systems market.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.