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Outage Management System Market: COVID-19 Impact and Global Analysis Forecast to 2028

Published Date: May 2021

No. of Pages: 203

Status: Upcoming

Report Code: EMR100213

OMS is an instrument for recognizing and enhancing the effectiveness of restoration and communication with clients. OMS coordinates with frameworks, for example, Distribution Automation (DA) System, Supervisory Control and Data Acquisition System (SCADA), Advanced Metering Infrastructure (AMI), Automatic Meter Reading (AMR), Interactive Voice Response System (IVR), Customer Information System (CIS) and Geographic Information System (GIS) for outage administration. OMS helps in dissecting outage occasions, compute reclamation time, and giving reliable outage report. The outage administration works as outage warning, outage check, framework rebuilding, and reclamation confirmation. OMS bolsters in enhancing operational efficiencies and interchanges, and incomprehensibly expanding the speed of inconvenience investigation, enabling administrators to settle on better and speedier choices in this way diminishing the dispatching bottlenecks that happen amid high-volume outage conditions. The global energy demand driven by the inclination to expand consumer loyalty is expected to boost the growth of the global OMS market. However, the lack of reliable and timely outage reporting, moderate reclamation when outages are settled, and the time spent in diagnosing single-client, hampers the development of this market. OMS is utilized by power distribution administrators to distinguish and resolve control outages. It gives control outage condition and repair status to administrators, and it keeps up the verifiable information for the future usage.

Expanding interest for grid reliability and developing administrative pressure are the key factors driving the outage management system market. A PC framework or an outage management system (OMS) is utilized by administrators of electric dispersion frameworks to aid rebuilding of energy. It gives the capacity to productively recognize and resolve blackouts and to create and report important authentic data. OMS enhances operational proficiency and correspondence with clients, people in general and administrative organizations. It decreases the term of individual blackouts and brings down the problems by recognizing blackout areas naturally. It uses information from call centres, field teams, and AMI and SCADA frameworks to recognize blackout areas. These are a portion of the elements expanding the request of OMS. Moreover, expanded spending in smart grid frameworks is additionally powering the development of the market. Furthermore, growing complexity in OMS may hamper the development of the global outage management system market.

The global outage management system (OMS) market can be divided based on type, component, end-user and geography. Based on type, the global market can be divided into stand alone and integrated. Based on component, the global market can be divided into software system, communication system. On the basis of end-user, the global market can be partitioned into public utility and private utility. On the basis of geography, the global market can be separated into North America, Europe, Asia-Pacific and Rest of the World.

Some of the key players operating in the global outage management system (OMS) market include Oracle Corporation, General Electric Company, Telvent GIT, S.A, Intergraph Corporation, Siemens, Schneider Electric, CGI Group, S&C Electric Company, Alstom and ABB Ltd among others.
The global outage management system (OMS) market can be segmented

By Type:
• Stand alone
• Integrated

By Component:
• Software system
• Communication system

By End-User:
• Public utility
• Private utility

By Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World

The Leading Key Players in Outage Management System Market

Schneider Electric
CGI Group
S&C Electric Company