Outage Management System Market Size & Competitive Landscape

vadiwej704
Email: vadiwej704@dlbazi.com

posted on 5 hours ago — updated on 1 second ago

10
views

Global Outage Management System Market size was valued at around $ 1,182 Mn in 2024 and is expected to reach $ 5,742 Mn by 2030.

Market Overview

The Outage Management System Market is experiencing significant growth, driven by the increasing frequency of power outages globally and the aging grid infrastructure. Valued at approximately USD 1,182 million in 2024, it is projected to reach USD 5,742 million by 2030, with a remarkable CAGR of 30.14% during the forecast period from 2025 to 2030.

Snapshot of Outage Management System Market Insights

Integrated OMS dominates the market with over 55% of market share.
North America holds around 35% of the global OMS market share.
Frequent blackouts globally drive demand for advanced OMS solutions.
AI integration in OMS enhances real-time outage monitoring capabilities.
Government incentives are promoting the transition to modern OMS technologies.

Get No Cost Report Free Sample PDF Copy - https://www.marknteladvisors.com/query/request-sample/outage-management-system-market.html

Outage Management System Market Dynamics

Key Driver-

The increasing occurrence of power outages, resulting from extreme weather conditions and outdated infrastructure, significantly drives the Outage Management System (OMS) market. Countries with aging grid systems, such as the U.S. and India, are particularly affected, leading to substantial investments in OMS to ensure efficient power restoration. Furthermore, government policies promoting smart grid technology adoption enhance growth opportunities within the market.

Upcoming Challenge-

Despite the growth of the OMS market, high deployment and maintenance costs present a substantial challenge. These expenses, particularly related to software, hardware, and system integrations, act as barriers for medium and small enterprises. Furthermore, the reluctance to adopt advanced systems due to financial limitations hinders market expansion and may lead to a preference for traditional systems, reducing the overall market potential.

Full Market Overview - https://www.marknteladvisors.com/research-library/outage-management-system-market.html

Outage Management System Market Segmentation and Regions

By Type:

Standalone OMS
Integrated OMS

- According to the Report, the Integrated OMS is the leading segment of this market, valued at more than 55% of the market share.

By Component:

Software System
Communication System

By End User:

Private Utility
Public Utility

Regions:

North America
South America
Europe
Middle East & Africa
Asia-Pacific

- According to the Report, the North America is dominating the Global Outage Management System Market and accounts for more than 35% of the market share.

Looking for Regional or country-specific reports on this Outage Management System Market? Visit our website - https://www.marknteladvisors.com/query/request-customization/outage-management-system-market.html

Industry Leaders

ABB Ltd.
Oracle Corporation
Siemens AG
General Electric Company
Intergraph Corporation
Schneider Electric SE
CGI Group
Futura Systems, Inc.
Advanced Control Systems Inc.
Survalent Technology Corporation
Milsoft Utility Solutions, Inc.
FirstEnergy Corp.
Hexagon AB
S&C Electric Company
Others

Frequently Asked Questions (FAQs)

What is the current market size of the Outage Management System industry?
How fast is the Outage Management System market expected to grow?
What are the key factors driving growth in the Outage Management System sector?
Who are the leading companies in the Outage Management System market?
What are the major challenges facing the Outage Management System market?

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

Related Research Report: