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Outage Management System (OMS) Market

Global Outage Management System (OMS) Market Share, Size, Analysis, Growth, Forecast: By Product: Standalone, Integrated; By Component: Software, Services; By Application: Residential, Commercial; By End-User: Public Utility, Private Utility; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Global Outage Management System (OMS) Market Outlook

The global outage management system (OMS) market size is expected to grow at a CAGR of 18.80% between 2024 and 2032, reaching a value of USD 6.93 billion by 2032. The major market drivers include increasing demand for power, and rising expenditure on smart grid development.

 

Key Trends in the Market

An outage management system (OMS) is a network management software system used by utility operators to manage restoration of power in electrical distribution systems. OMS are capable of identifying and determining the cause and extent of an outage and can aid in restoring the power to the grid. It reduces the time of the outage and also the maintenance time along with efficiently predicting the outage and its location.

 

Global Outage Management System (OMS) Market

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  • Demand for a reliable and continuous electrical supply is increasing rapidly all around the world, propelling the demand for the outage management system (OMS) market in order to keep a check on the power distribution.
  • Technological developments and improvements in outage management systems are a key trend in the market. The ability of the OMS to support integration of interactive voice responses and other features are enhancing operations and communications with end-users.
  • Increasing demand from the private utility sector in order to satisfy the demands of customers is a major factor enhancing the growth of the market. With private utilities, customers have increased expectations of uninterrupted power supply and quick resolution to outages.

 

Market Analysis

Based on product, the market is bifurcated into standalone and integrated. On the basis of component, the market is categorised into software and services. By application, the market is divided into residential and commercial. Based on end-user, the market is segmented into public utility and private utility. The regional markets for outage management systems are classified into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Outage Management System (OMS) Market

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global outage management system (OMS) market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

 

  • Hitachi Energy Ltd.
  • General Electric Company
  • Oracle Corporation
  • Siemens AG
  • Schneider Electric SE
  • ABB Ltd.
  • Others

 

Market Share by Product

Integrated products account for a significant share of the outage management system (OMS) market and are expected to grow rapidly over the forecast period as well. The shifting preference of end-users to advanced distribution management system (ADMS) is subjected to enhance the demand for integrated outage management system products. Integrated OMS also help in improving utility operations and maintenance of the distributed networks with a streamlined solution, which is further increasing their demand.

 

Global Outage Management System (OMS) Market

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Market Share by Region

North America is expected to hold a sizable share in the market for outage management system (OMS) because of rising demand and need to restore power. Increasing adoption of various energy management systems are surging the adoption of outage management system in the North America, which is further supported by the development of smart grids. Moreover, the prominent presence of a large number of major market players in the region, who have been heavily investing in the development of advanced outage management systems, is further boosting the market growth.

 

Competitive Landscape

Hitachi Energy Ltd. has its headquarters in Zurich, Switzerland and was founded in 2018. A division of the global Hitachi Group, they focus on developing, manufacturing, and providing products such as generator circuit breakers, high voltage switchgear and breaker, and semiconductors.

 

General Electric Company, founded in 1892, is headquartered in Massachusetts in the United States, and is known for designing and manufacturing various electric components. The product line of the company includes refrigerators, microwaves, vents, and dishwashers.

 

Oracle Corporation, established in 1977, is based in California in the United States. They provide their customers with top software services and products, offering services such as database management systems and cloud engineering services.

 

Other market players include Siemens AG, Schneider Electric SE, and ABB Ltd., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Component
  • Application
  • End-User
  • Region
Breakup by Product
  • Standalone
  • Integrated
Breakup by Component
  • Software
  • Services
Breakup by Application
  • Residential
  • Commercial
Breakup by End-User
  • Public Utility
  • Private Utility
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hitachi Energy Ltd.
  • General Electric Company
  • Oracle Corporation
  • Siemens AG
  • Schneider Electric SE
  • ABB Ltd.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Outage Management System (OMS) Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Outage Management System (OMS) Historical Market (2018-2023)
    8.3    Global Outage Management System (OMS) Market Forecast (2024-2032)
    8.4    Global Outage Management System (OMS) Market by Product
        8.4.1    Standalone
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Integrated 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
    8.5    Global Outage Management System (OMS) Market by Component
        8.5.1    Software
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    Services
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
    8.6    Global Outage Management System (OMS) Market by Application
        8.6.1    Residential
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Commercial
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
    8.7    Global Outage Management System (OMS) Market by End-User
        8.7.1    Public Utility
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2023)
            8.7.1.3    Forecast Trend (2024-2032)
        8.7.2    Private Utility
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2023)
            8.7.2.3    Forecast Trend (2024-2032)
    8.8    Global Outage Management System (OMS) Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2023)
            8.8.1.3    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2023)
            8.8.2.3    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2023)
            8.8.3.3    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2023)
            8.8.4.3    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2023)
            8.8.5.3    Forecast Trend (2024-2032)
9    North America Outage Management System (OMS) Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023)
        9.1.3    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023)
        9.2.3    Forecast Trend (2024-2032)
10    Europe Outage Management System (OMS) Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023)
        10.3.3    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023)
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Outage Management System (OMS) Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023)
        11.3.3    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023)
        11.4.3    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023)
        11.5.3    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Outage Management System (OMS)  Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023)
        12.1.3    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023)
        12.2.3    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023)
        12.3.3    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Outage Management System (OMS) Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2023)
        13.1.3    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2023)
        13.2.3    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2023)
        13.3.3    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2023)
        13.4.3    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Hitachi Energy Ltd.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    General Electric Company
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Oracle Corporation
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Siemens AG
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Schneider Electric SE
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    ABB Ltd.
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Outage Management System (OMS) Market: Key Industry Highlights, 2018 and 2032
2.    Global Outage Management System (OMS) Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Outage Management System (OMS) Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Outage Management System (OMS) Historical Market: Breakup by Component (USD Million), 2018-2023
5.    Global Outage Management System (OMS) Market Forecast: Breakup by Component (USD Million), 2024-2032
6.    Global Outage Management System (OMS) Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Outage Management System (OMS) Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Outage Management System (OMS) Historical Market: Breakup by End-user (USD Million), 2018-2023
9.    Global Outage Management System (OMS) Market Forecast: Breakup by End-User (USD Million), 2024-2032
10.    Million), 2024-2032
11.    Global Outage Management System (OMS) Historical Market: Breakup by Region (USD Million), 2018-2023
12.    Global Outage Management System (OMS) Market Forecast: Breakup by Region (USD Million), 2024-2032
13.    North America Outage Management System (OMS) Historical Market: Breakup by Country (USD Million), 2018-2023
14.    North America Outage Management System (OMS) Market Forecast: Breakup by Country (USD Million), 2024-2032
15.    Europe Outage Management System (OMS) Historical Market: Breakup by Country (USD Million), 2018-2023
16.    Europe Outage Management System (OMS) Market Forecast: Breakup by Country (USD Million), 2024-2032
17.    Asia Pacific Outage Management System (OMS) Historical Market: Breakup by Country (USD Million), 2018-2023
18.    Asia Pacific Outage Management System (OMS) Market Forecast: Breakup by Country (USD Million), 2024-2032
19.    Latin America Outage Management System (OMS) Historical Market: Breakup by Country (USD Million), 2018-2023
20.    Latin America Outage Management System (OMS) Market Forecast: Breakup by Country (USD Million), 2024-2032
21.    Middle East and Africa Outage Management System (OMS) Historical Market: Breakup by Country (USD Million), 2018-2023
22.    Middle East and Africa Outage Management System (OMS) Market Forecast: Breakup by Country (USD Million), 2024-2032
23.    Global Outage Management System (OMS) Market Structure

Key Questions Answered in the Report

The market is expected to grow at a CAGR of 18.80% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.93 billion by 2032.

The major market drivers include increasing demand for power, rising expenditure on smart grid development, and growing urbanisation.

The key trends of the market are advancements in technology, increasing popularity of integrated OMS systems, and rising demand from private utility end-users.

The primary products of outage management systems in the market standalone and integrated.

The significant applications in the market for outage management systems are residential and commercial.

The major regions in the market for outage management systems are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The key players in the outage management system (OMS) market, according to the report, are Hitachi Energy Ltd., General Electric Company, Oracle Corporation, Siemens AG, Schneider Electric SE, and ABB Ltd., among others.

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