The study involved major activities in estimating the current size of the ADMS market. Exhaustive secondary research was done to collect information on the peer markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources for this research study include annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles by recognized authors; and databases of various companies and associations. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from market- and technology-oriented perspectives.
Primary Research
In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as chief executive officers (CEOs), vice presidents (VPs), marketing directors, and related key executives from various companies and organizations operating in the ADMS market.
In the complete market engineering process, the top-down and bottom-up approaches, along with several data triangulation methods, were extensively used to perform the market size estimations and forecasts for all segments and subsegments listed in this report. Extensive qualitative and quantitative analyses were conducted to complete the market engineering process and list key information/insights throughout the report. The following is the breakdown of primary respondents:
Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Tier 1 companies’ revenues are more than USD 10 billion; tier 2 companies’ revenues range between USD 1 and 10 billion; and tier 3 companies’ revenues range between USD 500 million and USD 1 billion.
Source: Industry Experts
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the size of the ADMS market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
Advanced Distribution Management System Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained below, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. The market size was validated using the top-down and bottom-up approaches.
Market Definition
An advanced distribution management system (ADMS) is a comprehensive software solution designed to enhance the reliability, efficiency, and resilience of electric distribution networks. By integrating functionalities from supervisory control and data acquisition (SCADA), distribution management system (DMS), and outage management system (OMS), the ADMS facilitates real-time monitoring, control, and optimization crucial for effective grid operations.
Leveraging advanced analytics, state estimation, and automated voltage regulation, the ADMS promotes intelligent and often autonomous decision-making in response to dynamic loading demands, fluctuations in distributed energy resources, and fault conditions. This capability not only enables swift response mechanisms but also optimizes operational performance. Implementing an ADMS can significantly reduce operational expenditures, maximize asset utilization, and provide a stable, customer-focused power supply.
Stakeholders
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Government & research organizations
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Institutional investors
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Investors/Shareholders
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Manufacturers’ associations
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ADMS software developers, system integrators
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Organizations, forums, alliances, and associations
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Renewable power generation and equipment manufacturing companies
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Public and private power generation, transmission and distribution companies (utilities)
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Smart grid project developers
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Government and research organizations
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Universities and research institutes
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Venture capital firms
Report Objectives
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To define, describe, segment, and forecast the ADMS market by offering, functionality, deployment mode, organization size, end user, and region, in terms of value
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To forecast the market size for four key areas: North America, Europe, Asia Pacific, Middle East & Africa, and South America, along with their country-level market sizes, in terms of value
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To provide detailed information regarding key drivers, restraints, opportunities, and challenges influencing the market growth
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To strategically analyze the micromarkets for individual growth trends, prospects, and contributions to the overall market size
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To provide value chain analysis, ecosystem analysis, case study analysis, patent analysis, trade analysis, technology analysis, Porter’s five forces analysis, US tariff impact analysis, and regulations of the ADMS market
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To analyze opportunities for stakeholders in the ADMS market and draw a competitive landscape for market players
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To strategically analyze the ecosystem, regulations, patents, and trading scenarios in the ADMS market
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To benchmark players within the market using the company evaluation matrix, which analyzes market players on various parameters within the broad categories of business and product strategies
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To compare key market players with respect to their market share, product specifications, and applications
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To strategically profile key players and comprehensively analyze their market rankings and core competencies
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To analyze competitive developments, such as contracts and agreements, investments and expansions, mergers and acquisitions, partnerships, and collaborations, in the ADMS market
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To study the impact of AI/Gen AI on the market under study, along with the global macroeconomic outlook
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Product Analysis
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Product Matrix, which provides a detailed comparison of the product portfolio of each company
Geographic Analysis as per Feasibility
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Detailed analyses and profiling of additional market players
Growth opportunities and latent adjacency in Advanced Distribution Management System Market