The latest report by IMARC Group, titled “Advanced Distribution Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“, The global aerospace and defense telemetry market size reached US$ 19.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 27.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.

A cutting-edge distribution management system (DMS) is a sophisticated software solution designed to streamline the administration and oversight of electrical distribution networks. It plays a vital role in ensuring the effective and dependable delivery of electricity to end-users. By amalgamating components like supervisory control and data acquisition (SCADA), outage management system (OMS), and distribution management system (DMS) into a cohesive platform, it equips utility companies with the capability to monitor, evaluate, and swiftly react to real-time grid data. Furthermore, it encompasses functions such as load forecasting, fault detection, network optimization, and outage management, aiding utilities in reducing downtime during power outages, bolstering grid resilience, and refining operational efficiency. Consequently, the widespread adoption of advanced distribution management systems (ADMS) is observed across various industries worldwide.

 

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/advanced-distribution-management-system-market/requestsample

 

Advanced Distribution Management System Market Trends and Drivers:

The market is being propelled by ongoing grid modernization efforts. Simultaneously, aging electrical infrastructures are being replaced by more sophisticated systems integrating digital technologies to manage and optimize these modern grids, ensuring dependable power distribution, which influences market expansion. Furthermore, the transition towards renewable energy sources like solar and wind power adds complexity to grid management, serving as another significant growth factor. Additionally, Advanced Distribution Management Systems (ADMS) enable utilities to seamlessly integrate these intermittent energy sources into the grid, ensuring a steady and sustainable energy supply, thereby boosting market growth. Moreover, the automotive sector's widespread adoption of ADMS is driven by the rising demand for electric vehicles, as it facilitates the integration of EV charging infrastructure into the grid, enabling efficient charging management and mitigating the impact of EVs on grid stability, thus fueling sales demand.

 

Report Segmentation:

 

The report has segmented the market into the following categories:

 

Breakup by Offering:

  • Software
  • Services
     

Breakup by System Type:

  • Distribution Management System (DMS)
  • Automated Meter Reading/Advanced Metering Infrastructure (AMR/AMI)
  • Distributed Energy Resources Management Systems (DERMS)
  • Energy Management Systems (EMS)
  • Customer Information Systems (CIS)
  • Meter Data Management Systems (MDMS)
 

Breakup by End Use Industry:

  • Energy and Utilities
  • IT and Telecommunications
  • Manufacturing
  • Defense and Government
  • Infrastructure
  • Transportation and Logistics
  • Others
 

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa
 

Competitive Landscape with Key Player:

  • ABB Ltd.
  • Alstom SA
  • Capgemini SE
  • ETAP/Operation Technology Inc.
  • General Electric Company
  • Indra Sistemas S.A.
  • Open Systems International Inc. (Emerson Electric Co.)
  • Oracle Corporation
  • S&C Electric Company
  • Schneider Electric SE
  • Siemens AG
  • Survalent Technology Corporation.
 

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

 

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

 

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

 

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