Outage Management System Market is expected to grow at a CAGR of 8.2% through 2030F
The global Outage Management System Market
is expected to be led by North America, driven by Customer Expectations for
Improved Service and Cost Efficiency and Operational Optimization during the
forecast period 2026-2030F
According to TechSci Research
report, “Outage Management
System Market - Global Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2030F, The Global Outage Management System Market was
valued at USD 7.5 billion in 2024 and is expected to reach USD 12.1 billion by
2030 with a CAGR of 8.2% through 2030. One
key driver is the increasing frequency of extreme weather events, such as
hurricanes, storms, and wildfires, which are disrupting power grids worldwide.
These events have highlighted the importance of having efficient outage
management systems in place to minimize downtime, quickly restore power, and
ensure grid resilience.
Additionally,
the push for regulatory compliance and the need to meet stringent grid
reliability standards are driving utilities to adopt OMS solutions. Governments
and regulatory bodies are enforcing policies that mandate utilities to improve
response times, provide real-time outage updates, and enhance the overall
customer experience during power disruptions. This regulatory pressure is
prompting utilities to adopt OMS systems to meet compliance requirements and
improve their operational efficiency. Another
important driver is the increasing demand for customer-centric services.
Consumers today expect real-time information about power outages, including
accurate restoration times. OMS solutions allow utilities to provide such
information, improving customer satisfaction and loyalty. Furthermore, as
utilities aim to reduce operational costs, OMS systems that provide automated
fault detection, outage response, and restoration help lower the cost of
operations, making them an attractive solution for utilities globally.
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Based on Type, Integrated OMS segment
dominated the Outage Management System Market in 2024 and maintain its
leadership throughout the forecast period, owing to its ability to provide a
comprehensive solution for utilities seeking to streamline outage detection,
response, and restoration processes. Integrated OMS solutions consolidate a
range of functions, such as outage detection, fault localization, restoration
planning, and customer communication, into one cohesive platform. This
integration simplifies operations, reduces response times, and significantly
enhances grid reliability, making it the preferred choice for many utilities
worldwide.
The primary benefit of integrated OMS
systems is their ability to optimize the entire outage management workflow,
from real-time data collection to customer notifications. By consolidating
these processes into a single platform, utilities can manage outages more
efficiently, improving response times and minimizing downtime. Furthermore,
integrated systems can provide predictive insights and advanced analytics,
helping utilities to anticipate potential outages or faults before they occur,
allowing for more proactive grid management. This predictive capability is
especially important as power grids become more complex, with increased
integration of renewable energy sources and decentralized generation.
Another key advantage of integrated OMS
solutions is their ability to facilitate seamless coordination across various
departments and operational technologies, such as Geographic Information
Systems (GIS) and Supervisory Control and Data Acquisition (SCADA) systems.
This interconnectedness allows for better visibility into grid performance and
outage situations, ensuring that decision-makers have access to accurate and
up-to-date information for faster restoration. By combining outage management,
fault detection, and system restoration into one platform, utilities can not
only improve operational efficiency but also enhance customer satisfaction
through real-time communication and accurate restoration time estimates.
Additionally, the ongoing digital
transformation in the energy sector, driven by the adoption of smart grid
technologies, has fueled the growth of integrated OMS systems. The shift toward
more connected, data-driven infrastructure has made it essential for utilities
to adopt integrated solutions that offer end-to-end outage management
capabilities. As customer expectations for reliability and transparency
continue to rise, integrated OMS systems have become a critical tool for
utilities to meet these demands and maintain grid resilience.
Based on region, Asia Pacific is emerging as the
fastest-growing region for the Outage Management System Market, driven by the
region’s expanding energy infrastructure and increasing demand for reliable
power distribution. Countries like China, India, and Japan are making
significant investments in upgrading their power grids, which include adopting
advanced OMS technologies to improve grid resilience and response times. The
rapid urbanization and industrialization in these countries are placing greater
pressure on utilities to ensure consistent and uninterrupted power supply to
meet the rising demand.
In addition, extreme weather events,
such as typhoons, storms, and floods, are becoming more frequent in the region,
further emphasizing the need for efficient outage management systems to reduce
the impact of these disruptions. OMS solutions are essential for quickly
detecting, isolating, and restoring power during outages, ensuring minimal
downtime and reducing the economic and social impacts of such disruptions.
Governments across the region are also
increasingly focusing on modernizing their energy infrastructure to meet
sustainability goals and reduce power losses. The integration of renewable
energy sources, like solar and wind, into the grid is adding complexity, making
OMS solutions even more vital for managing potential outages and ensuring grid
stability. As the region continues to embrace digital transformation in energy,
the demand for OMS technology is expected to grow rapidly, cementing Asia
Pacific's position as a key player in the global OMS market.
Key market players in the Outage
Management System Market are: -
- Intergraph Corporation
- Advanced Control Systems Inc.
- Survalent Technology Corporation
- ABB Ltd.
- Oracle Corporation
- Siemens AG
- Schneider Electric SE
- General Electric Company
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“The global Outage Management System
(OMS) market offers significant opportunities driven by increasing demand for
grid reliability, the rise of smart grid technologies, and the integration of
renewable energy sources. The growing adoption of advanced technologies such as
AI, IoT, and machine learning presents opportunities for predictive outage
detection, faster restoration times, and improved customer communication.
Additionally, investments in infrastructure modernization, especially in
emerging markets, and government regulations requiring enhanced grid resilience
further fuel OMS growth. As the energy sector continues to evolve, OMS
solutions are positioned to play a pivotal role in ensuring a reliable and
sustainable power supply worldwide.” said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based global management consulting firm.
“Outage Management System
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Type (Standalone OMS, Integrated OMS) By Application (Public
Utility, Private Utility), By Region & Competition, 2020-2030F” has evaluated the future
growth potential of Outage Management System Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Outage Management System Market.
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