Harrisburg, NC -- (SBWIRE) -- 03/12/2019 -- Global Outage Management System (OMS) Market Size, Status and Forecast 2019-2025
OMS is a tool for identifying and improving the efficiency of restoration and communication with customers. OMS integrates with systems such as Supervisory Control and Data Acquisition System (SCADA), Distribution Automation (DA) System, Automatic Meter Reading (AMR), Advanced Metering Infrastructure (AMI), Customer Information System (CIS), Interactive Voice Response System (IVR) and Geographic Information System (GIS) for outage management.
OMS helps in analyzing outage events, calculate restoration time, and providing reliable outage report. The outage management functions as outage notification, outage verification, system restoration, and restoration verification. OMS supports in improving operational efficiencies and communications, and vastly increasing the speed of trouble analysis, allowing managers to make better and faster decisions thereby reducing the dispatching bottlenecks that occur during high-volume outage conditions. The global energy demand driven by the urge to increase customer satisfaction is expected to boost the growth of OMS. However, the lack of reliable and timely outage reporting, slow restoration when outages are nested, and the time spent in diagnosing single-customer, hampers the growth of this market.
The Global Outage Management System (OMS) market is expected to grow from an estimated USD 493.7 Million in 2016 to USD 1,148.6 Million by 2021, at a CAGR of 18.4%.
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Top Leading Companies are: Schneider Electric,GE Grid Solutions,ETAP,Siemens,Versify,DNV GL,Milsoft,Survalent,Alstom
The communication system segment led the outage management system market in 2015, and is expected to grow at the fastest rate during the forecast period, owing to increasing requirement for advanced outage management systems across the globe. This segment is primarily driven by the rising demand for more reliable control systems for proper monitoring and quicker restoration, and is expected to create new revenue pockets for the outage management system market during the forecast period.
Contents of the 15 Chapters for This Outage Management System (OMS) Market Study:-
Chapter 1, to describe Outage Management System (OMS) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Outage Management System (OMS) , with sales, revenue, and price of Outage Management System (OMS) , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Outage Management System (OMS), for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Outage Management System (OMS) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Outage Management System (OMS) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Outage Management System (OMS) Market, by Type:
Integrated System
Specific System
Outage Management System (OMS) Market, by End User:
Residential
Commercial
This research study involved the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global outage management system market. Primary sources are mainly industry experts from core and related industries, preferred suppliers, manufacturers, distributors, service providers, technology developers, standard and certification organizations of companies, and organizations related to all the segments of this industry's value chain. The points given below explain the research methodology.
North America dominates the global outage management system market followed by Europe. Reducing the costs associated with outages and crew management with easy-to-generate historical statistics and faster restoration of power are some factors driving the growth of the market in North America region. This region is expected to grow at a significant pace during the forecast period. Asia-pacific region is expected to grow at a high pace mainly due to the growing investment in smart grid developments.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Outage Management System (OMS) Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Outage Management System (OMS) Market Carrier and assist manufacturers and investment organization to better grasp the development course of Outage Management System (OMS) Market.
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Important attributes of the report:
The 360-degree Outage Management System (OMS) overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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