This market research by Technavio provides a detailed segmentation and analysis of the distribution management system in North America by end user (industrial, residential, and commercial). The market study also provides an analysis of the key geographies, including Canada, Mexico, and the US. Leading vendors in this market are ABB, GE, Oracle, Schneider, and Siemens.
Technavio’s market research analysts estimate the DMS market in North America, to grow at a CAGR of 11% between 2015 and 2019. Increasing energy demand and the growing focus on energy efficiency are major factors propelling growth of distribution management systems (DMS) in North America.
The new market research report from Technavio provides a breakdown and analysis of the DMS segments by technology.
“The power utilities are upgrading DMS to advanced distribution management system (ADMS) to enhance their operational efficiency. ADMS includes outage monitoring system (OMS) and SCADA, which detect power outages and provides real time information from sensors placed in the distribution networks. This integration helps operator to track faults in the distribution network and reduce outages,” says Navin Rajendra, Lead Analyst, Energy, Technavio Research.
The industrial sector is the major end-user of DMS in North America, accounting for around 43% of the overall market revenue. Adoption of DMS helps industries in reducing power transmission and distribution losses, eventually making the grid more efficient. Integration of DMS into existing power management systems has reduced the operational costs drastically. These automated process provide accurate insights about the grid functioning and hence speeds up the decision making process during faulst.
The leading vendors on the DMS market in North America include ABB, GE, Oracle, Schneider, and Siemens. This market is highly fragmented and contains numerous prominent vendors and new vendors that enter the market by providing efficient solutions. Vendors that offer complete solutions to users are expected to gain market traction as it helps to avoid interoperability issues. Therefore, large vendors like ABB and GE are expected to benefit more than the regional vendors as have an extensive portfolio of grid-related products, which can be scalable depending on the customer’s needs.
A more detailed analysis is available in the Technavio report, DMS Market in North America 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
- Smart Grid Equipment Market in South Korea 2015-2019
- Global Smart Grid Sensors Market 2015-2019
- Smart Grid Market in China 2015-2019
- Global Smart Grid Managed Services Market 2015-2019
- Smart Grid Equipment Market in Brazil 2015-2019
Further Reading:
