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.
Advanced Distribution Management
Systems Market: Growth Enablers
The advanced
distribution 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 distribution 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, the lack of
standard interface and interoperability issues in advanced distribution
management systems is hindering the market growth. Also, inadequate financial
incentives for utilities are also restraining the market growth.
Infrastructural developments such as development of smart cities and
integration of advanced distribution management systems with smart devices is
expected to create huge opportunities for the companies operating in global
advanced distribution management system market.
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Advanced
Distribution Management Systems Market: Segmentation
The global advanced
distribution 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 distribution 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 distribution 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.
Advanced Distribution
Management Systems Market: Key Players
Some of the leading
companies operating in the global advanced distribution 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.
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