Outage Management System Market Research Report 2018
to 2021 By Technology and Innovations
The report "Outage Management System Market by Type (Integrated and Standalone OMS),
Component (Software and Communication System), End User (Public and Private Utilities),
and Region - Global Forecasts to 2021", The outage management system 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%. The global market is set to witness growth owing to increasing grid reliability and smart
grid deployments, which will lead to significant investment for the upgrade and replacement of
the existing T&D infrastructure.
Browse 65 market data tables and 50 figures spread through 141 pages and in -depth TOC
on “Outage Management System Market by Type (Integrated and Standalone OMS),
Component (Software and Communication System), End User (Public and Private Utilities),
and Region - Global Forecasts to 2021”
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38979923.html
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The communication system segment is expected to hold the largest share of the outage
management system market, by component, during the forecast period
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.
Integrated OMS to be the largest segment in the outage management system market
With regard to the type segment, integrated OMS in the outage management system market is
expected to be the largest market in 2016. Shifting interest towards advanced applications, such
as Advanced Distribution Management System (ADMS), is expected to facilitate the demand for
integrated solutions.
North America: The leading market for outage management system