Advanced Distribution Management System Market Analysis, Size, Share, Growth, Trends, and Opportunities -
Advanced Distribution Management System Market Size
Straits Research has published a new report titled "Advanced Distribution Management System Market: Information by Offering (Software, Service), by System Type (Distribution Management System, Automated Meter Reading/Advanced Metering Infrastructure, Distributed Energy Resources Management System, Energy Management System, Customer Information System, Meter Data Management System), and Region – Forecast till 2031."
According to the report, the global Advanced Distribution Management System Market size was valued at USD 1190.10 Million in 2022. It is projected to reach from USD XX Million in 2023 to USD 5936.49 Million by 2031, growing at a CAGR of 19.55% during the forecast period (2023–2031).
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Drivers in the Advanced Distribution Management System Market
The growing need for efficient and reliable power distribution systems, increasing demand for renewable energy sources, and advancements in technology are driving the growth of the Advanced Distribution Management System Market.
Key Developments in the Advanced Distribution Management System Market
The report highlights several key developments in the market, including:
- Increasing adoption of smart grid technologies
- Growing demand for energy efficiency and renewable energy sources
- Advancements in IoT, AI, and data analytics technologies
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Top Key Players in the Advanced Distribution Management System Market
The report profiles several top key players in the market, including:
- ABB Group
- General Electric Company
- Siemens AG
- Advanced Control Systems
- Schneider Electric SE
- Survalent Technology
- ETAP/Operation Technology Inc.
- Axxiom
- Oracle Corporation
- Open Systems International Inc
Segmentation Analysis of the Advanced Distribution Management System Market:
The report segments the market by offering, system type, and region.
By Offering:
- Software
- Service
By System Type:
- Distribution Management System (DMS)
- Automated Meter Reading/Advanced Metering Infrastructure (AMR/AMI)
- Distributed Energy Resources Management System (DERMS)
- Energy Management System (EMS)
- Customer Information System (CIS)
- Meter Data Management System (MDMS)
Get Detail Market Segmentation : https://straitsresearch.com/report/advanced-distribution-management-market/segmentation
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Phone: +1 646 905 0080 (US), +91 8087085354 (India), +44 203 695 0070 (UK)