Albany, NY -- (SBWIRE) -- 11/16/2015 -- A distribution management system (DMS) is an integrated system that combines various components of the grid, which provides the operator valued information in a single screen. This helps the operator take informed decision in managing and monitoring the grid from a centralized location. The main function of the DMS is to make the grid more efficient and reliable by reducing power outages. DMS also performs certain automated functions like balancing the power flow, finding fault lines, and communicating with the ground staff to fix any faults before it causes any power outage. It is widely used in industrial, commercial, and residential segments. Technavios analysts forecast the distribution management system market in North America to grow at a CAGR of 11.7% over the period 2014-2019.

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Technavios report, Distribution Management System Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

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Key vendors:
ABB
GE Energy Management
Oracle
Schneider Electric
Siemens Energy

Key market driver
Advances in technology
For a full, detailed list, view our report

Key market challenge
Interoperability issues and lack of standardization
For a full, detailed list, view our report

Key market trend
Increased adoption of distribution management systems
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