Outage Management System Market, By Component (Software System, Communication System), Type (Standalone OMS, Integrated OMS), Application (Commercial, Industrial, Household), End User (Public Utilities, Private Utilities), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Outage Management System Market Overview
Outage management system market is expected to reach USD 3,365.57 million by 2028, witnessing market growth at a rate of 16.60% in the forecast period of 2021 to 2028.
Increasing demand for grid reliability, rising regulatory scrutiny and stringent compliance norms, growing focus on electricity transmission optimization along with increasing demand for reliable and uninterrupted power supply, and an increase in energy demand, increase in the installed power generation capacity around the globe in the public utility sector, growing advancements in the use of software and internet-of-things are some of the factors that have supported long-term expansion for Outage Management System Market.
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Key Findings
Outage Management System Market is segmented into type, component, end user, application and geography.
Type segment is segment is segmented into standalone OMS and integrated OMS.
Component segment is segmented into software system and communication system.
End user private utility and public utility.
Application segment is segmented into commercial, industrial and household.
Geographically, Outage Management System Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Outage Management System Market Competitive Landscape
Key players
• ABB
• General Electric
• Oracle
• Schneider Electric
• Siemens
• CGI Inc
• Advanced Control Systems Inc.
• FUTURA SYSTEMS INC.
• Intergraph Corporation
• Milsoft Utility Solutions.
• Survalent Technology Corporation
• S&C Electric Company
• Open Systems International Inc.
• FirstEnergy Corp.
• Hexagon AB
• Kaihen.
• Westinghouse Electric Company LLC.
• Power System Engineering Inc.
• Ripley Power & Light Company
• SEDC.
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Reasons to Acquire in the Outage Management System Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
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• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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