[112 Pages Report] The ADMS market is estimated to grow USD 687.2 Million in 2016 Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period.

The Advanced Distributed Management System (ADMS) helps utilities to minimize their outage costs and increase the production efficiency by real-time monitoring and communication. With the increasing smart grid deployments and integration of ADMS with smart devices, the demand for ADMS has increased tremendously across all the countries. Infrastructural development across the globe and increased ICT spending in the smart grid industry are also driving this market.

The ADMS market is estimated to grow USD 687.2 Million in 2016 Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. The base year considered for the study is 2014 and the market size forecast is from 2016 to 2021.

Objectives of the Study:

This report aims to estimate the market size and future growth potential of the ADMS market across different segments such as software, services and region. The report also focuses on information regarding the key factors (drivers, restraints, opportunities, and challenges) influencing market growth. Additionally the analyze opportunities in the market for stakeholders, provide strategic profiles of the key players in the market to comprehensively analyze the core competencies, and to draw the competitive landscape of the market.

The research methodology used to estimate and forecast the ADMS market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global ADMS market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary discussion participants is depicted in the below figure:

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The ADMS ecosystem comprises network management system providers such as Oracle Corporation (U.S.), ABB Group (Switzerland), and Indra Sistemas (Spain) among others; component manufacturers such as Schneider Electric SE (France), General Electric Company (U.S.), ABB Group (Switzerland), among others; technology providers such as Siemens AG (Germany), Advanced Control Systems (U.S.), and Open Systems International, Inc. (U.S.) among others; and system integrators such as Oracle Corporation (U.S.) and Cisco Systems, Inc. (U.S.) among others who integrate the entire system and sell them to end users to cater to their unique business requirements.

Key Target Audience

Utility platform and analytics vendors

System design and development vendors

System integrators/migration service providers

Consultants/consultancies/advisory firms

Training and education service providers

Support and maintenance service providers

Network service providers

Utilities (Providers of Electricity, Gas, and Water Facilities)

Scope of the Report

The research report categorizes the ADMS market to forecast the revenues and analyze the trends in each of the following sub-segments:

By Type

By Software

By Service

Consulting

System Integration

Support and Maintenance

By Region

North America U.S. Canada

Europe U.K. Germany France Others

Asia-Pacific (APAC)

Middle East and Africa (MEA)

Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customization as per the company�s specific requirements. The following customization options are available for the report:

Product Analysis

Product matrix provides a detailed information and product comparison

Geographic Analysis

Further breakdown of the APAC ADMS market

Further breakdown of the MEA ADMS market

Further breakdown of the Latin America ADMS market

Company Information

Detailed analysis and profiling of additional market players

MarketsandMarkets forecasts the Advanced Distributed Management System (ADMS) market size to grow from USD 687.2 Million in 2016 to USD 1,788.4 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.1%. Rapid smart grid development, rise in global energy demand, and need for improved customer service and utility efficiency are some of the key factors driving the Advanced Distribution Management System market. Other driving forces include growing need for carbon efficiency and cost savings.

The ADMS market is broadly classified by type into software and services. The services segment is further divided into consulting, system integration, and support & maintenance services. Compared to software, services segment is expected to grow at the highest CAGR during the forecast period. The services in the Advanced Distribution Management System market are aimed at enabling smart and coordinated decision making process and mitigating the risks and vulnerabilities of the market using efficient tools and techniques. Moreover, these services enhance customer experience and help to meet the end-to-end needs of all the allied industries spanning the entire energy industry value chain.

The system integration services segment is expected to grow at the highest CAGR during the forecast period due to the use of different compatible sub-systems in the AMDS market across the globe. System integration services in the Advanced Distribution Management System market are aimed at streamlining the business applications by integrating various modules of the utility distributed operations. These services are basically designed to help organizations achieve unification between enterprise applications. Support and maintenance services are also expected to grow at a CAGR of 23.4% during the forecast period. Support and maintenance services include 24�7 trouble shooting assistance; up-gradation of existing software solutions; problem solving; repairing of failed components; planned and unplanned outage management; engineering skills for repairs, modifications, and enhancement; emergency response management; test scenario management; and rapid on-site reaction among others.

The ADMS market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. In North America, a detailed analysis of the U.S. and Canada markets is provided. Europe is segmented into the U.K., Germany, France, and others. The analysis shows that the spending on ADMS is increasing globally due to the increasing Information and Communications Technology (ICT) integration across utilities, especially in developing regions. North America is projected to dominate the Advanced Distribution Management System market during the forecast period owing to technological advancements and early adoption of ADMS software and services in the region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021.

The adoption of ADMS software and services is accelerating at a steady pace in the developing regions, such as APAC and MEA. However, inadequate financial incentives prevent several utilities in these regions from adopting ADMS software and services. Moreover, interoperability and standard interface issue is a major restraining factor for the growth of the Advanced Distribution Management System market. However, worldwide increase in smart grid deployments is expected to provide significant growth opportunities.

On a strategic front, many companies are utilizing different growth strategies, such as mergers & acquisitions, partnerships & collaborations, and product development to increase their share in the market. In November 2015, General Electric (GE) acquired Alstom�s power and grid business. This acquisition has transformed GE�s offering in the energy sector as Alstom has added to its core industrial growth of the energy business. Similarly, on December 2015, GE and American Electric Power (AEP), the largest electric utility provider in the U.S., launched the Integrated Distribution Operating Platform (IDOP). GE and AEP will together work on business areas of developing infrastructure of advance energy, improving efficiency, and helping customers reduce their electricity cost. Some of the major technology vendors include ABB Group, Oracle Corporation, General Electric Company, Siemens AG, Schneider Electric SE, and Indra Sistemas.

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