The global advanced distribution management system market will witness a 20.6% growth between 2017 and 2023, according to a recent study by Research and Markets.
Factors including the rapid development of smart grids, increases in energy demand, improved customer services and efforts by utility companies to improve efficiency will drive the market growth.
In addition, policies and efforts by utilities, cities and governments to reduce carbon emissions and operational costs will cause an increase in adoption of advanced distribution management technologies.
The integration of advanced distribution management systems with smart devices such as tablets, rising energy demand and grid infrastructure developments in developing countries will create growth opportunities for the energy distribution technologies' market.
On the other hand, cybersecurity related issues and resistance by some utilities and consumers to adopt new technologies will challenge the growth of the market.
Lack of adequate funding and issues related to standard interface and interoperability will restrain the market during the forecasted period.
Advanced distribution management
Advanced distribution management systems enable utilities to automate grid networks and access real-time data regarding the performance of energy distribution and transmission assets. The majority of the systems are being deployed under grid modernisation initiatives.
For instance, Huntsville Utilities, energy provider to customers in the US state of Alabama, deployed Survalent's supervisory control and data acquisition system (SCADA) to improve management of its water, gas and electricity distribution. The technology will help the municipal utility to improve its services to some 180,000 electric consumers, 51,000 gas customers and 93,000 water customers. Read more...
In Michigan, the Lansing Board of Water & Light integrated its grid with outage management, distribution management, energy management and SCADA systems in upgrading its energy network. Read more...
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