How Will the Advanced Distribution Management System Market Grow? Key Trends and Opportunities for 2025 and Beyond
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
How has the advanced distribution management system market grown in recent years?
In recent times, the market size of the advanced distribution management system has witnessed a significant expansion. It anticipates expanding from a value of $2.53 billion in 2024 to a projected $3 billion in 2025, growing at an impressive compound annual growth rate (CAGR) of 18.8%. The earlier growth was due to factors such as the demand for better grid reliability and efficiency, an uptick in distributed energy resources (DERs), the incorporation of smart grid technologies, a surge in renewable energy integration, and a focus on modernizing the grid.
How is the advanced distribution management system market size expected to evolve during the forecast period?
The market for advanced distribution management systems is projected to experience substantial growth in the upcoming years, with its value forecasted to reach $6.21 billion by 2029, expanding at a compound annual growth rate (CAGR) of 19.9%. This predicted growth in the forecast period can be linked to the broadening of the electric vehicle charging infrastructure, the growing acceptance of microgrids, the surge in demand response programs, incorporation of artificial intelligence and machine learning in ADMS, and a focus on cybersecurity within advanced distribution management. Key trends during the forecast period involve the integration of decentralized energy storage systems, utilization of predictive analytics for optimizing the grid, the execution of adaptive and self-healing networks, an emphasis on edge computing for instantaneous decision making, and partnerships between utilities and tech providers to innovate ADMS.
Get your advanced distribution management system market report here!
Which key drivers are propelling the advanced distribution management system market’s growth?
The advanced distribution management system market is predicted to grow due to robust investment in power infrastructure. Investment in electricity and power infrastructure entails gathering human and material resources to produce, transmit, change, and distribute electricity across various global locations. The ADMS is utilised for numerous functions, such as managing outages, identifying faults, isolations and restorations, optimising Volt-VAR, responding to demand, and integrating distributed energy resources like wind, solar, and battery storage. For example, in 2022, the energy sector’s investment, amounting to (£16.7 billion) $17.84 billion (at current rates), was 1.4% more than in 2021. Consequently, the swift investment in power infrastructure is stimulating the growth of the advanced distribution management system market.
What are the market segments in the advanced distribution management system industry?
The advanced distribution management system market covered in this report is segmented –
1) By Offering: Solution, Services
2) By Deployment Mode: Cloud, On-premises
3) By System Type: Distribution Management System (DMS), Automated Meter Reading or Advanced Metering Infrastructure (AMR/AMI), Distributed Energy Resources Management Systems (DERMS), Energy Management Systems (EMS), Customer Information Systems (CIS), Meter Data Management Systems (MDMS)
4) By Organization Size: Large enterprises, Small and Medium Enterprises (SMEs)
Subsegments:
1) By Solution: Distribution Management Software, Outage Management Systems, Advanced Grid Management Systems, Voltage And VAR Optimization, Demand Response Solutions
2) By Services: Consulting Services, Integration And Implementation Services, Support And Maintenance Services, Training And Education Services
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7841&type=smp
Which leading companies are shaping the growth of the advanced distribution management system market?
Major companies operating in the advanced distribution management system market include Schneider Electric SE, General Electric Company, Siemens AG, Survalent Technology Corporation, Oracle Corporation., Capgemini SE, Operation Technology Inc., Hexagon AB, Hitachi Ltd., Tata Power Delhi Distribution Limited., Minsait ACS Inc., Wipro Limited, Anterix Inc., Det Norske Veritas GL, Advanced Control Systems Inc., Advanced Microgrid Solutions, Asea Brown Boveri Ltd., Accenture plc, Advanced Energy Industries Inc., Advanced Power Technologies LLC, Advanced Utility Systems, Alstom SA, Ambient Corporation, American Electric Power Company Inc., Aquanta Inc., AutoGrid Systems Inc., Avangrid Inc., Black & Veatch Holding Company, CGI Group Inc., Cisco Systems Inc., Comverge Inc.
What key trends are currently impacting the advanced distribution management system market’s development?
Key market leaders in the advanced distribution management system sphere are capitalizing on partnerships and collaborations that offer a combined pool of resources, knowledge, and capabilities to advance weather prediction for electric utilities. For instance, in June 2022, GE Digital, an American subsidiary of the General Electric Company, formed a partnership with Climavision, another US-based weather technology firm. The aim of this cooperation is to assist utilities in precisely forecasting weather conditions and increase their readiness for harsh storms. The integration of Climavision’s worldwide weather prediction technology into GE Digital’s ADMS, along with its Storm Assist and Storm Readiness software will enhance their capacity to anticipate and prepare for extreme weather events. This could ultimately lead to a reduction in power disruptions, increased safety of the electric distribution grid, and an overall improvement in its reliability.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7841
Which geographic areas are influencing the growth of the advanced distribution management system market?
North America was the largest region in the advanced distribution management system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the advanced distribution management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Browse Through More Similar Reports By The Business Research Company:
Warehouse Robotics Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/warehouse-robotics-global-market-report
Farm Product Warehousing And Storage Global Market Report 2024
Specialized Warehousing And Storage Global Market Report 2024
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
