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A distribution management system (DMS) is an example of an integrated system that combines the various components of the grid and provides relevant information to the operator in a single screen. In North America, this market is expected to exhibit strong growth during the forecast period and is influenced by factors like the increasing energy demand and the growing focus on energy efficiency. These factors impel the prospects for growth in this market and results in its healthy CAGR of more than 11% by 2019.
Technavio’s market research analyst has estimated eminent factors, such as the increasing smart grid implementation, to drive the prospects for growth in this market during the forecast period. Recently, it has been observed that the government in this region is implementing policies to augment the renewable energy power generation capacity of the grid. The introduction of such policies and guidelines by the government for implementing smart meters and smart grids is expected to impel growth of the DMS as it is an integral part of a smart grid.
In this market research report, analysts envisage the industrial segment to be the largest market segment during the forecast period. Advantages like the ability of DMS to reduce power transmission and distribution losses are expected to result in its augmented adoption by industries. These benefits propel the prospects for growth in this segment and results in its impressive market share of nearly 42% by 2019.
This market research analysis offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Technavio market research analysts estimate the US region to lead the DMS market during the forecast period. High market share of this region can be attributed to the large-scale implementation of smart grid systems in the US. The extensive implementation of smart grid systems is expected to reduce the instances of power outages and also aids in making the grid more efficient.
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.
Key vendors in this market are -
Other prominent vendors analyzed in this market study are Accenture, Alstom, Eaton, GRIDiant, Schweitzer Engineering Laboratories, and Silver Spring Networks.
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This is preliminary content. The table of contents is subject to change.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
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