Market Research Report
Advanced Distribution Management System Market by Software, by Service (Consulting, System Integration, Support and Maintenance), and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America) - Global Forecast to 2021
|Published by||MarketsandMarkets||Product code||359400|
|Published||Content info||114 Pages
Delivery time: 1-2 business days
|Advanced Distribution Management System Market by Software, by Service (Consulting, System Integration, Support and Maintenance), and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America) - Global Forecast to 2021|
|Published: June 3, 2016||Content info: 114 Pages||
Increasing demand for energy as well as cost efficiency across the globe are some of the factors expected to drive the Advanced Distributed management System (ADMS) market
The ADMS market size is estimated to grow from USD 687.2 million in 2015 to USD 1,788.4 million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.1% due to the increasing adoption of smart grids across the world. Increasing smart grid deployments in Asia-Pacific (APAC), such as Sino-Singapore Tianjin Eco-city in China, Yokohama Smart City Project in Japan, and Orga Smart Grid System Trial in Philippines, and high technological spending in North America and Europe, are also driving the growth of the market.
In 2016, system integration services segment is expected to dominate the ADMS market by service, during the forecast period as they are responsible for the smooth operation of the process, while reducing costs and driving inefficiencies. There is an opportunity for manufacturers and system integrators to design flexible platforms by minimizing complexities that arise around various sensors, processors, and software to deliver simple user experience to the end-users.
North America is expected to hold the largest market share of the ADMS market in 2016 due to increasing spending on such energy efficiency programs coupled with regulatory government mandates in the U.S. and Canada. APAC is expected to grow at the highest growth rate during the forecast period due to rapid smart grid deployments in China, Japan, and Philippines, along with Australia, Singapore, and South Korea.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given below.
The various key ADMS vendors profiled in the report are as follows:
The report will help the market leaders/new entrants in ADMS market in the following ways:
This report will help the stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.
*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.