Strategic Analysis to Understand the Competitive Outlook of Distribution Management Systems Market
Distribution Management System (DMS) is an integrated solution of applications designed to efficiently control and monitor entire distribution network. Distribution management system increases smart grid reliability by decreasing number of outages and improves safety as well. Advanced distribution management system solutions include intelligent power and real time monitoring, system optimization and distribution management. DMS application also includes FLISR, volt/VAR control, planning function and advanced forecasting. DMS application using OMS and SCADA is considered to be advanced distribution management system.
The Distribution
Management Systems Market can be segmented on the basis of
product type and end-users. The product type segment includes monitoring and
control devices, power, quality and efficiency devices and switching &
power reliability devices, while end-user segment includes industrial,
commercial and residential segments.
Some of the factors that are driving this market are
increase in system efficiency & reliability, smart grid rollout and reduced
long term operation and maintenance cost. Some of the key restraints to this
market are high initial investment, implementation timeframe and lack of
standardization, which are inhibiting the growth of distribution management
system.
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Some of the key players in the Distribution Management
Systems Market are ABB Ltd, Siemens AG, General Electric Corporation, Schneider Electric
SA, Alstom Group, Duke Energy Corporation, Edison Electric Institute, Cooper
Power Systems, Dominion Virginia Power and American Electric Power among
others.
This research report analyzes this market depending on its
market segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North
America
- Asia
Pacific
- Europe
- Rest
of the World
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The following
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