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Advanced Distribution Management System Market to grow by USD 2.5 Bn; ABB Ltd., Advanced Control Systems LLC, and Capgemini Service SAS emerge as key vendors — Technavio

NEW YORK, Oct. 18, 2022 /PRNewswire/ — The “Advanced Distribution Management System Market by Component and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Global Advanced Distribution Management System Market 2022-2026

Technavio has announced its latest market research report titled Global Advanced Distribution Management System Market 2022-2026

The potential growth difference for the advanced distribution management system market between 2021 and 2026 is USD 2.5 billion. The report provides a detailed analysis of the competitive landscape and offers information on several vendors including ABB Ltd., Advanced Control Systems LLC, Capgemini Service SAS, Cisco Systems Inc., DNV Group AS, and Emerson Electric Co. Understand the scope of our full report by Downloading Sample PDF Report.

Key Market Dynamics:

  • Market Driver

  • Market Challenges

The growing demand for energy will drive the growth of the market. The global growth in population and the continuous rise in the demand for energy are increasing pressure on utility companies. This has increased the need for technologies and solutions that help in asset monitoring and control, as well as optimal energy consumption. All these factors are driving the growth of the global advanced distribution management system market.

In addition, the rapid adoption of smart grid technology will further accelerate the growth of the market. However, the high implementation costs will challenge market growth.

Learn about additional key drivers, trends, and challenges available with Technavio. Read Our Sample Report Now

The advanced distribution management system market report is segmented by component (software, analytics, and services) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

By component, the market will observe maximum growth in the software segment during the forecast period. The advanced distribution management system software ensures safe and secure management and orchestration of the distribution grid and delivers reliability, productivity, and efficiency through modular architecture, adaptive algorithms, predictive analytics for autonomous operations, and an optimized distribution grid. Such benefits are driving the growth of the segment.

The market will observe the maximum incremental growth, occupying 37% of the global market share. The growing population and industrialization are driving the growth of the regional market. Also, the rising need to modify or replace outdated systems with advanced systems for cost-efficient options and better power consumption is contributing to the growth of the regional market.

Identify key regions and segments to invest in over the forecast period. Request Sample Report Now

Key Vendors in the Advanced Distribution Management Systems Market:

  • ABB Ltd.: The company was offered Industrial software solutions with operational excellence, process performance, asset performance, and cyber security.

  • Advanced Control Systems LLC: The company offers system integration solutions that include PLCs, HMI Hardware and Software, SCADA, VFDs, and Motion control.

  • Capgemini Service SAS: The company offers digital supply chain through data management, order management, touchless supply chain planning, and supply chain analytics.

  • DNV Group AS: The company offers electric grid through the gradual development of a smart grid using various information technologies and operational technologies to manage electricity motor.

  • Emerson Electric Co.: The company offers ADMS solutions such as TESCOM Anderson Greenwood Instrumentation and ADME Distribution Differential Pressure Manifolds.

  • Cisco Systems Inc.

  • ETAP Operation Technology Inc.

  • GridBright Inc.

  • Hubbell Inc.

  • International Business Machines Corp.

  • Itron Inc.

  • Gain access to more vendor profiles with their key offerings available with Technavio. Buy Full Report Now

Related Reports:

Global Distribution Automation Solutions Market 2021-2025: The global distribution automation solutions market is segmented by solution (field devices, communication systems, and software and services), deployment (system-level and customer-level), and geography (APAC, North America, Europe, South America, and MEA). By solution, the field services segment will have the largest share of the market. By geography, APAC will emerge as the major market for distribution automation solutions market during the forecast period. View Report Snapshot Here

Global Distribution Software Market 2021-2025: The global distribution automation solutions market is segmented by deployment (on-premises and cloud-based) and geography (North America, Europe, APAC, South America, and MEA). The demand for on-premise distribution software has been significant in the market. By region, North America will witness maximum growth during the forecast period. View Report Snapshot Here

Advanced Distribution Management System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of almost 19.13%

Market growth 2022-2026

USD 2.5 billion

Market structure

Fragmented

YoY growth (%)

18.01

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key consumer countries

US, China, Germany, France, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ABB Ltd., Advanced Control Systems LLC, Capgemini Service SAS, Cisco Systems Inc., DNV Group AS, Emerson Electric Co., ETAP Operation Technology Inc., GridBright Inc., Hubbell Inc., International Business Machines Corp., Itron Inc., Landis Gyr AG, Oracle Corp., Schneider Electric SE, Siemens AG, Survalent Technology Corp., The Companhia Energetica de Minas Gerai, General Electric Co, Xylem Inc., and Hexagon AB

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Component

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

Global Advanced Distribution Management System Market 2022-2026

Global Advanced Distribution Management System Market 2022-2026

Cision

Cision

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SOURCE Technavio

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