Advanced Distributed Management System : 2018 Market Strategy and Major Participants - Advanced Control Systems, Siemens AG, Survalent Technology, ETAP/Operation Technology,
Press
Release - 26 Mar 2018
Global
Research and Development News
--
.
.
Report
Description-
'
'
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.
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.
The report offers a comprehensive evaluation of
the market. It does so via in-depth insights, understanding market
evolution by tracking historical developments, and analyzing the
present scenario and future projections based on optimistic and
likely scenarios. Each research report serves as a repository of
analysis and information for every facet of the market, including but
not limited to: Regional markets, technology developments, types,
applications, and the competitive landscape.
- Key market segments and sub-segments
- Evolving market trends and dynamics
- Changing supply and demand scenarios
- Quantifying market opportunities through market sizing and market forecasting
- Tracking current trends/opportunities/challenges
- Competitive insights
- Opportunity mapping in terms of technological breakthroughs
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)
TMR estimates the market size of various sectors
using a combination of available data on the number and revenue of
companies within each sub-sector and tiers of companies. The basic
components used to determine market size and forecast for a specific
product area are not only limited to supply-side data, but are also
related to demand, industry trends, and the economic outlook. All the
above data points are utilized to generate a statistical model
targeting the sector marketplace. More than 300 TMR analysts across
the world integrate these elements into a framework to determine the
subsector market size for a base year and then forecast growth within
each market.
TMR regularly interviews technology and business
professionals as an ongoing effort to track the latest developments
within each sector. These continuous surveys are stratified by
company size and industry segment and weighted to reflect the global
market place. All data are collected on an ongoing effort
through a structured questionnaire rolled over the web or conducted
via telephones. This provides the TMR team opportunities to request
for detailed question sets, complex skip patterns, and real-time
calculations, which assists respondents in answering questions
involving numbers and percentages. Respondents, who are interviewed
as experts, are screened and qualified based on certain criteria in
addition to their decision-making authority and the scope of activity
within their organizations.
.
.
– More
Clear Details get Table of Contents
https://www.researchmoz.us/advanced-distributed-management-system-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html#table-of-content
..
Comments
Post a Comment