Outage Management System (OMS) Market Scope
Outage Management System (OMS) is used by the operators of electrical distributor so that they can assist the systems in the restoration of powers. It provides an efficient way to identify and resolve outages. Moreover, it predicts the locations of transformers, outage locations which indeed helps in restoring the power in a faster way. Rising investments in increasing smart grids are driving the market for outage management systems.
The market study is segmented by Type (Integrated System and Specific System), by Application (Residential and Commercial) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Outage Management System (OMS) market throughout the predicted period.
ABB (Switzerland), General Electric (United States), Oracle Corporation (United States), Schneider Electric SA (France), Siemens (Germany), CGI Group (Canada), Advanced Control Systems (United States), Futura Systems (United States), Intergraph (United States) and Milsoft Utility Solutions (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Survalent Technology (Canada), Alstom (United States), C3 Energy (United States) and IBM (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Outage Management System (OMS) market by Type, Application and Region.
On the basis of geography, the market of Outage Management System (OMS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by , the sub-segment i.e. will boost the Outage Management System (OMS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Adoption of Energy Management System Is an Emerging Trend in the Outage Management Space
- Rising Demand for Grid Reliability Globally
- Increasing Regulatory and Stringent Compliance Norms Towards Electricity Distributions
- Addition of OMS with Smart Devices
- Growing Investment in Smart Grid
- Lack of Initial Financial Incentives
- Concern Related to the Interoperability and Standard Interface
- Issue Related To the Growing Complexity of Outage Management System
Key Target AudienceOutage management system service providers, Outage management equipment manufacturing companies, Government and research organizations, National and local government organizations, Institutional investors, Outage management service contractors and consultancies and Power Associations
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