Advanced Distribution Management System Market Share, Size, Trends, Industry Analysis Report, By Services (Managed Services, Professional Services); By Solution; By Deployment Type; By End-Use; By Region; Segment Forecast, 2022 - 2030
- Published Date:Oct-2022
- Pages: 119
- Format: PDF
- Report ID: PM2640
- Base Year: 2021
- Historical Data: 2018 - 2020
Report Outlook
The global advanced distribution management system market was valued at USD 2.00 billion in 2021 and is expected to grow at a CAGR 20.1% during the forecast period. An advanced distribution management system (ADMS) is a software module that maintains a set of distribution optimization and management. It includes features that automate outage repair and enhance the functioning of the distribution network.
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It is also built for benefits such as isolation, fault location, volt/volt-ampere optimization, supporting electric vehicles, and many more functions. The growth of the global advanced distribution management system market is primarily an increase in energy demand, greater adoption of automated solutions, and rise in utilization of renewable energy sources.
Energy and utility are very important for economic and social development. Every industry needs energy to function and is facing continuous demand for energy due to highly competitive markets and technological advancements. The industrial sector specifically needs high power.
The advanced distribution management system is sophisticated software. It is a single software platform that includes DMS, OMS, and SCADA. Wherein this software has the interface of OMS and DMS applications and uses the real-time data acquisition abilities of SCADA.
The COVID-19 pandemic influenced the global advanced distribution management system market and its associated opportunities. This is due to remote monitoring and data collection in the energy and utility sectors. However, it is improving as governments across the nations are taking initiatives by providing continuous power supply.
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Industry Dynamics
Growth Drivers
The rise in energy demand and growing industrialization support the growth of the market. Greater implementation of automated solutions, shift toward the use of renewable energy sources, and initiatives to reduce carbon emissions boost the demand for the industry. There is a rise in concern about optimizing energy use and the need to conserve it. In addition, industries seek to use this more effectively owing to increasing knowledge of ecological sustainability among people.
Moreover, the advanced distribution management system involves consistent R&D and a high adoption rate for the market to flourish. The key players in the market are taking initiatives to provide an enhanced solution that helps monitor and optimize energy utilization.
Emerging economies in the Asia Pacific region is forecasted to be the most appealing market for the advanced distribution management system. With accelerated economic growth and rapid technological development, countries like China, Japan, and India offer numerous opportunities for advanced management systems in this region.
Report Segmentation
The market is primarily segmented based on solution, services, deployment type, end-use, and region.
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By Solution |
By Services |
By Deployment Type |
By End-Use |
By Region |
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Energy management system segment is expected be the fastest growing segment
The energy management system segment is expected to be the fastest-growing segment during the forecast period. Energy prices fluctuate because of changes in supply and demand. Factors like extreme weather conditions, economic conditions, and availability of the supply have influenced energy prices. The World Energy Outlook forecasts that in the next 25 years, energy consumption is expected to rise by 60%, with most of this growth occurring in developing countries.
Currently, a significant amount of energy generated in developing countries is produced from fossil fuels such as coal and thermal plants. The increase in energy consumption and depletion of natural resources are expected to advance other more expensive forms of generating energy, resulting in high energy prices.
Professional services segment accounted for the largest market share
The professional services segment accounted for the largest market share. This is due to the increasing adoption of consulting and training services. The increase in the need to reduce the carbon footprint associated with operations and promote the adoption of sustainable and eco-friendly solutions support the growth of this segment.
Furthermore, a government initiative to reduce industrial energy consumption to prevent exploitation of resources is increasingly driving the awareness of advanced distribution management systems for energy management system solutions. Subsequently, this also increases the demand for training as well as simulations among numerous small and medium enterprise owners.
On-premises segment accounted for a significant market share
The on-premises is expected to account for a significant share in this industry. Currently, most organizations have adopted on-premises advanced distribution management systems due to data privacy concerns. Their data is secured in their office systems and servers, providing full control over it, and there are very few chances of a data breach.
Automotive & Transportation sector is expected to be the fastest growing segment
The automotive & transportation is expected to be the fastest growing segment during the forecast period due to the increasing adoption of electric vehicles. There are approximately 298 automobile assembly and engine production plants in Europe, out of which 142 factories in Europe produce passenger cars.
The growth of advanced management systems in this region is supported by rapid changes in customer requirements for advanced distribution management systems. In addition, the increase in the number of consumers and growth in the adoption of electric vehicles and autonomous vehicles has led to the growth of the advanced distribution system market.
Asia Pacific region is expected to be the fastest growing region
Asia Pacific region is expected to be the fastest-growing segment in the advanced distribution management system market. The countries in this region have implemented energy efficiency measures, but their effectiveness depends on factors such as energy price, awareness level, and government support. A decrease in energy subsidy in the region and the consistent increase in energy price is anticipated to result in significant demand for energy efficiency solutions.
This region will also flourish due to the strengthening of its technological capabilities and emerging economy. This reflects many opportunities for setting up new industries in this region. New technologies like Software as a Service (SaaS) and the use of wireless devices are on the rise, which adds to the efficiency of the energy management system. The factors like policy regulation and support through incentives, reduction in the cost of ownership, reduced energy consumption, and prognosis of a positive and ‘green’ manufacturing image facilitate adoption of advanced distribution management system in this region.
Competitive Insight
The leading companies operating in the global advanced distribution management system market include AutoGrid, depsys SA, Eaton Corporation, Electrical Transient Analyzer Program, Elipse Software, General Electric, Hitachi Ltd., IBM Corporation, Itron, Landis+GYR, Minsait ACS, Opus One Solutions, PXiSE Energy Solutions, Schneider Electric, and Siemens AG.
The major market players operating in the global market are investing in research and development and technological advancements to expand their offerings in the market. Acquisition and partnerships offer growth opportunities to strengthen market presence and enter new regional markets.
Recent Developments
In July 2022, General Electric launched their new addition of advanced distribution management system solution. This will help in providing real-time mobile situational awareness for better communication between two parties.
In December 2021, General Electric stated that their advanced distribution management system will be embedded in DTEK Kyiv Grids. This was undertaken to provide real-time data and information with its network.
Advanced Distribution Management System Market Report Scope
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Report Attributes |
Details |
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Market size value in 2022 |
USD 2.24 billion |
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Revenue forecast in 2030 |
USD 9.69 billion |
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CAGR |
20.1% from 2022 - 2030 |
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Base year |
2021 |
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Historical data |
2018 - 2020 |
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Forecast period |
2022 - 2030 |
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Quantitative units |
Revenue in USD billion and CAGR from 2022 to 2030 |
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Segments covered |
By Solution, By Services, By Deployment Type, By End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
AutoGrid, depsys SA, Eaton Corporation, Electrical Transient Analyzer Program, Elipse Software, General Electric, Hitachi Ltd., IBM Corporation, Itron, Landis+GYR, Minsait ACS, Opus One Solutions, PXiSE Energy Solutions, Schneider Electric, and Siemens AG. |
Explore the landscape of Advanced Distribution Management System Market in 2022 through detailed market share, size, and revenue growth rate statistics meticulously organized by Polaris Market Research Industry Reports. This expansive analysis goes beyond the present, offering a forward-looking market forecast till 2030, coupled with a perceptive historical overview. Immerse yourself in the depth of this industry analysis by acquiring a complimentary PDF download of the sample report.
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