Distribution Management Systems Market Growth, Overview, share, Trend Analysis and Forecasts 2020
Distribution Management system (DMS) is an integrated solution of functionality intended to ably manage and organize whole distribution network. DMS increases smart grid consistency by improving safety and reducing number of outages as well.”
Distribution Management system (DMS) is an integrated solution of functionality intended to ably manage and organize whole distribution network. DMS increases smart grid consistency by improving safety and reducing number of outages as well.”
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<strong>Distribution</strong> <strong>Management</strong> <strong>Systems</strong> <strong>Market</strong> <strong>Growth</strong>, <strong>Overview</strong>,<br />
<strong>share</strong>, <strong>Trend</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Forecasts</strong> <strong>2020</strong><br />
“<strong>Distribution</strong> <strong>Management</strong> system (DMS) is an integrated solution of<br />
functionality intended to ably manage <strong>and</strong> organize whole distribution<br />
network. DMS increases smart grid consistency by improving safety <strong>and</strong><br />
reducing number of outages as well.”<br />
<strong>Distribution</strong> <strong>Management</strong> system (DMS) is an integrated solution of functionality intended to ably manage <strong>and</strong><br />
organize whole distribution network. DMS increases smart grid consistency by improving safety <strong>and</strong> reducing<br />
number of outages as well. Superior DMS solution comprises real time monitoring, intelligent power,<br />
distribution management <strong>and</strong> system optimization. <strong>Distribution</strong> <strong>Management</strong> system application also includes<br />
volt/VAR control, planning <strong>and</strong> advanced forecasting function <strong>and</strong> FLISR. <strong>Distribution</strong> <strong>Management</strong> system<br />
application using SCADA <strong>and</strong> OMS are believed to be superior DMS.<br />
A distribution automation system allows power companies to remotely observe <strong>and</strong> administer the allocation<br />
of power <strong>and</strong> has ability to increase reliability <strong>and</strong> offer better management of the power stations or substations<br />
or grids. It comprises of control <strong>and</strong> monitoring systems, data communication infrastructure <strong>and</strong> distribution<br />
automation field equipment. The implementation of distribution management systems enables efficient<br />
management of outage, <strong>and</strong> also increase the competence of the power grid. For instance, when there is<br />
disturbance in the power grid from a conventional power system, a customer informs the service provider about<br />
the power disturbance or power shutdown. After which maintenance squad is send off to recognize <strong>and</strong> repair<br />
the trouble. <strong>Distribution</strong> management system helps a power utility to predict system instability <strong>and</strong> act in<br />
response to it automatically. <strong>Distribution</strong> <strong>Management</strong> systems necessitate the setting up of feeder-switching<br />
equipment such as fault detection circuit breakers, isolation, recovery technology, recloses <strong>and</strong> intelligent<br />
electronic devices, which have the ability to observe, quantify, manage, <strong>and</strong> correspond automatically. This<br />
assist to decrease the period taken to reinstate power <strong>and</strong> also decreases the amount of outages.<br />
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The main drivers in this market are the augmentation in the amount of power shutdown. With the escalating<br />
requirement for energy, the occurrence of power turbulence <strong>and</strong> major power shutdowns happening around<br />
the globe is expected to pose main challenge over the forecast period for the Power industry, which can only<br />
be dealt with by implementing distribution management systems in the power station. By utilization of<br />
distribution management equipment’s such as ring main units, volt-VAR controls, circuit breakers, fault<br />
management systems, safety management systems, isolators, load management applications, <strong>and</strong> station<br />
restoration technologies; power shutdowns <strong>and</strong> fluctuations can be abridged. This dem<strong>and</strong> for proper<br />
functioning of power stations, substations <strong>and</strong> grid is expected to fuel the growth of global distribution system<br />
over the forecast period. Utilities are getting older <strong>and</strong> their capacities are decreasing. As companies are under<br />
pressure to make utilities work efficiently to congregate the rising power dem<strong>and</strong>.<br />
This is also expected to boost the dem<strong>and</strong> for distribution management solutions over the forecast period. The<br />
automation <strong>and</strong> intelligence programs in distribution management system assist to obtain significant insights,<br />
which support operators in making quick decisions. On the basis of the functionality of grid, distribution<br />
management system can routinely correspond to the ground staff <strong>and</strong> tell them about the location facing issues.<br />
They help in making the grid more consistent by plummeting power shutdowns <strong>and</strong> outages. Some of the other<br />
factors that are expected to drive the market over the forecast period are dem<strong>and</strong> for reduced long term<br />
operations <strong>and</strong> low maintenance cost coupled with dem<strong>and</strong> for increasing system efficiency of power grids. The<br />
factors that are expected to pose challenge for the market over the forecast period are implementation<br />
timeframe, lack of st<strong>and</strong>ardization, high initial investment. These factors are responsible for holding back the<br />
expansion of distribution management system.<br />
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On the basis of product type <strong>Distribution</strong> <strong>Management</strong> <strong>Systems</strong> <strong>Market</strong> can be segregated into power, quality<br />
<strong>and</strong> efficiency devices, monitoring <strong>and</strong> control devices, <strong>and</strong> switching & power consistency equipments. On the<br />
basis of end-user distribution management system market can be segregated into commercial, industrial <strong>and</strong><br />
residential segments. Industrial segment is expected to generate maximum <strong>share</strong> over the forecast period owing<br />
to increasing automation in energy allocation in the industries across the globe. Monitoring <strong>and</strong> control devices<br />
are expected to generate higher revenue over the forecast period owing to increasing dem<strong>and</strong> of energy<br />
efficient power grids. On the basis of areas Global distribution market can be segregated into North America,<br />
Europe, Asia-Pacific <strong>and</strong> others. Asia-Pacific is expected to show rapid growth over the forecast period owing to<br />
increased urbanization in the countries like India <strong>and</strong> China.<br />
Increase in the implementation of distribution automation, which makes a vital part of power distribution<br />
setups, is one of the chief development accountable for accelerating the expansion of the <strong>Distribution</strong><br />
<strong>Management</strong> <strong>Systems</strong> market in the markets of Asia-Pacific. Global <strong>Distribution</strong> <strong>Management</strong> <strong>Systems</strong> <strong>Market</strong><br />
comprises of many players some of them are General Electric Corporation, ABB Ltd, Schneider Electric, Edison<br />
Electric Institute, Dominion Virginia Power, Alstom Group, Siemens AG, Cooper Power <strong>Systems</strong>, American<br />
Electric Power <strong>and</strong> Duke Energy Corporation among others.
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