TechNavio recognizes the following companies as the key players in the Global Distribution Management Systems Market: ABB Group, Alstom S.A., GE Energy LLC, and Siemens AG.
Commenting on the report, an analyst from TechNavio’s team said: “Distribution automation systems permit power utilities to remotely monitor and manage the distribution of power and can lead to increased reliability and better management of the power grid. They consist of monitoring and control systems, distribution automation field equipment, and data communication infrastructure. The adoption of distribution automation enables effective outage management, and also increases the efficiency of the power grid. For instance, when there is disruption in the power supply from a traditional power system, a consumer informs the utility provider about the power blackout or power disturbance. Then, a maintenance team is dispatched to identify and rectify the problem. In contrast, the technology, equipment, and applications of distribution automation help a power utility to anticipate system turbulence and respond to it automatically. Automated distribution systems require the installation of intelligent electronic devices and feeder-switching equipment such as circuit breakers, reclosers, fault detection, and isolation and recovery technology, which have the capability to monitor, measure, control, and communicate automatically. This helps reduce the time taken to restore power, and also reduces the number of outages. Thus, the surge in the adoption of distribution automation, which forms an integral part of power distribution systems, is one of the major trends responsible for enhancing the growth of the Global Distribution Management Systems market. ”
According to the report, one of the major drivers in this market is the increase in the occurrence of power blackouts. With the increasing demand for energy, the frequency of power disturbances and major power blackouts occurring across the globe is a challenge faced by the Power industry, which can be addressed by the usage of distribution management systems in the power grid. With the use of distribution management technologies such as circuit breakers, ring main units, isolators, safety management systems, load management applications, volt-VAR controls, fault management systems, and system restoration technologies, power fluctuations and blackouts can be reduced. This in turn will drive the growth of the Global Distribution Management Systems market.
Further, the report states that one of the major challenges in this market is the lack of familiarity with advanced technologies. Many of the distribution management projects are in the demonstration stage, wherein the feasibility of the technologies is assessed by the implementation of distribution management systems in the power grid. This shows that the market is in its nascent stage, which makes users less familiar with the technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-distribution-management-systems-m…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/energy
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TechNavio Announces the Publication of its Research Report -Global Distribution Management Systems Market 2014-2018
