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