North America Advanced Distribution Management System Market Size, Share & Industry Trends Analysis Report By Offering, By Functionality, By Deployment Mode (Cloud and On-premise), By Organization, By End User, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Advanced Distribution Management System Market would witness market growth of 19.1% CAGR during the forecast period (2022-2028).
The platform can be used in conjunction with the ADMS test bed to assess the effectiveness of new ADMS applications. Barriers to wider deployment will be removed by lowering the cost and complexity of the deployment, as well as quantifying the operational benefits. The GridAPPS-D platform provides a data-rich control environment to create futuristic advanced distribution applications, such as improved efficiency, durability, and adaptability with real-time DER dispatch; short-term grid forecasting, which has the potential to pave the way for developing market-based approaches to managing distribution assets and flexible resources; and solar forecasting, which provides intra-hour forecasted dairies.
Advanced Distribution Management Systems (ADMS) must provide flexible solutions to solve the core necessity of the new digital grid, which is to provide network resiliency and reliability while also having the agility to intelligently and actively assess the output of operations and make a contribution to the new needs to reduce network cost and enhance asset optimization.
The need for advanced distribution management systems in the United States is growing due to existence of many large size enterprises that require an efficient advance software to manage the distribution and logistics channel. Some of the world's most important companies, such as GE Digital, Oracle Corporation, and others, have the headquarters in the country. These companies are always investing in modern distribution management systems and improving their offerings as technology advancement.
The US market dominated the North America Advanced Distribution Management System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.54 billion by 2028. The Canada market is estimated to grow at a CAGR of 21.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 20.7% during (2022 - 2028).
Based on Offering, the market is segmented into Solution (Outage Management System, Energy Management System, Geographic Information System, Meter Data Management System & Distributed Energy Resources Management System, and Customer Information System) and Services. Based on Functionality, the market is segmented into Supervisory Control and Data Acquisition (SCADA), Fault Location, Isolation, & Service Restoration, Distribution Network Application, and Voltage/Var Control. Based on Deployment Mode, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on End User, the market is segmented into Energy & Utilities, Transportation & Logistics, Telecom, Government & Defense, IT & ITeS, Manufacturing, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, General Electric (GE) Co., Schneider Electric SE, Hitachi, Ltd., Oracle Corporation, Itron, Inc., Eaton Corporation PLC, Landis+Gyr Group AG, Wipro Limited, and Operation Technology, Inc. (ETAP).
Scope of the Study
Market Segments Covered in the Report:
- Outage Management System
- Energy Management System
- Geographic Information System
- Meter Data Management System & Distributed Energy Resources Management System
- Customer Information System
- Supervisory Control and Data Acquisition (SCADA)
- Fault Location, Isolation, & Service Restoration
- Distribution Network Application
- Voltage/Var Control
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By End User
- Energy & Utilities
- Transportation & Logistics
- Government & Defense
- IT & ITeS
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- General Electric (GE) Co.
- Schneider Electric SE
- Hitachi, Ltd.
- Oracle Corporation
- Itron, Inc.
- Eaton Corporation PLC
- Landis+Gyr Group AG
- Wipro Limited
- Operation Technology, Inc. (ETAP)
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