What is Advanced Distributed Management System Market Scope?
The Advanced Distributed Management System (ADMS) is a software platform which helps services to reduce their outage costs and upsurge the production efficiency by real-time monitoring and communication. ADMS is the next level of software which accomplishes modern goals. It is a single software platform that includes SCADA (Supervisory control and data acquisition), OMS (Order Management System), and DMS (Document Management system). A single ADMS simplifies operating tasks and removes the need to maintain and organize multiple operating models. With the increasing smart grid technology and integration of ADMS with smart devices, demands the growth for ADMS across all the countries.
The Advanced Distributed Management System market study is being classified by Type (Software and Service [Consulting, System Integration, Support, and Maintenance]), by Application (Industrial, Commercial, Residential and Other) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Advanced Distributed Management System market throughout the predicted period.
ABB Ltd (Switzerland), Siemens AG (Germany), General Electric Corporation (United States), Schneider Electric SA (France), Alstom Group (France), Duke Energy Corporation (United States), Edison Electric Institute (United States), Cooper Power Systems (United States), Dominion Virginia Power (United States) and American Electric Power (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Oracle Corporation (United States), Indra Sistemas (Spain) and Advanced Control Systems (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Advanced Distributed Management System market by Type, Application and Region.
On the basis of geography, the market of Advanced Distributed Management System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Adoption of ICT (Information and Communications Technology) Spending in the Smart Grids
- Integration of Advanced Smart Grid Technologies
Market Drivers
- Rapid Smart Grid Development
- The rise in Global Energy Demand
- Need for Improved Customer Service and Utility Efficiency
- Carbon and Cost Savings
Opportunities
- Integration of ADMS With Smart Devices
- Infrastructural Development and Rising Demand in Developing Economies
Restraints
- Insufficient Financial Incentives for Utilities
- Interoperability and Standard Interface for Utilities
Challenges
- Cyber Security Challenges
- Resistant to Change and Adapting New Technologies
Key Target Audience
Utility platform and analytics vendors, System design and development vendors, Training and education service providers, Support and maintenance service providers, Network service providers, System integrators, Utilities (Providers of Electricity, Gas, and Water Facilities) and Others
Customization available in this Study:
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