Advanced Distribution Management System Market To Reach $11.70 Billion By 2030

Advanced Distribution Management System Market Growth & Trends

The global advanced distribution management system market size is anticipated to reach USD 11.70 billion by 2030, expanding at a CAGR of 20.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Governments across the globe are drafting policies that support the development and application of renewable energy which is driving market growth.

According to Invest India, in 2023, the Government of India announced its plans to install a capacity of 500 Gigawatts (GW) of renewable energy in the country by 2030. Additionally, in the same year, the Government of Japan announced its plans to expand renewable energy. The country aims to increase its solar energy capacity by one terawatt (TW) and offshore wind capacity by 150 GW.

 Request a free sample copy or view report summary: Advanced Distribution Management System Market Report

Advanced Distribution Management System Market Report Highlights

• Based on the offering, the solutions segment dominated the market, accounting for 74.4% of the share in 2023. The growing emphasis given to grid modernizations by enterprises is driving this segment’s growth

• Based on deployment, the on-premises segment accounted for the majority share in 2023 and is estimated to expand at a significant CAGR over the forecast period. An increasing number of cyberattacks is leading to growing concerns among enterprises regarding data privacy and security. Subsequently, the adoption of on-premises infrastructure is rising since it grants the company more security, privacy, and greater control than cloud technology

• Based on functionality, supervisory control and data acquisition dominated the market in 2023 and is expected to expand at the fastest CAGR over the forecast period. The market demand to enhance response to power outages and incorporate renewable energy more effectively is fostering the segment’s growth

• Based on organization size, the large enterprise segment held the dominant share in 2023 and is expected to grow at a rapid CAGR over the forecast period. The key driver of this segment’s growth is that these enterprises make larger investments due to the availability of deep budgets

• Based on end-use, the manufacturing segment accounted for the majority share in 2023 and is estimated to expand at a significant CAGR over the forecast period. High emphasis on power savings and maintaining stability in output are encouraging manufacturers to adopt advanced distribution management systems (ADMS)

Advanced Distribution Management System Market Segmentation

Grand View Research has segmented the global advanced distribution management system market based on offering, deployment, functionality, organization size, end-use and region.

Advanced Distribution Management System (ADMS) Offering Outlook (Revenue, USD Million, 2018 - 2030)

• Solution

  • Energy Management System

  • Meter Data Management System

  • Distributed Energy Resources Management System

  • Geographic Information System

  • Customer Information System

  • Outage Management System

• Service

  • Managed Services

  • Professional Services

• Integration and Implementation

• Support and Maintenance Services

• Consulting

Advanced Distribution Management System (ADMS) Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• Large Enterprises

• SMEs

Advanced Distribution Management System (ADMS) Functionality Outlook (Revenue, USD Million, 2018 - 2030)

• On-Premises

• Cloud

Advanced Distribution Management System (ADMS) Organization Size Outlook (Revenue, USD Million, 2018 - 2030)

• Large enterprise

• SMEs

Advanced Distribution Management System (ADMS) End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Manufacturing

• Healthcare And Life Sciences

• Retail

• IT & Telecommunication

• Government And Defense

• Automotive

• Energy & Utility

• Others

Advanced Distribution Management System (ADMS) Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • Italy

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • UAE

  • Saudi Arabia

  • South Africa

List of Key Players in the Advanced Distribution Management System (ADMS) Market

• GE Vernova (GE Electric)

• Survalent Technology Corporation

• Schneider Electric

• Siemens

• Hitachi Energy Ltd. (Hitachi, Ltd.)

• Aspen Technology Inc (Emerson Electric Co.)

• Trimble Inc.

• Operation Technology, Inc.

• Oracle

• Itron Inc.

• Landis+Gyr. (TOSHIBA CORPORATION)

• Minsait ACS, Inc. (Indra)

• Wipro

• Elipse Software

• Tantalus

• Hexagon AB

• Eaton.

• Mitsubishi Electric Corporation

• QUALUS