The Active Network Management (ANM) market is experiencing transformative trends that highlight the increasing significance of efficient and responsive network management in today's dynamic energy landscape. One pivotal trend is the accelerated adoption of renewable energy sources and the integration of distributed energy resources (DERs) into power networks. ANM solutions are becoming essential for grid operators to balance the variable nature of renewable generation, manage grid congestion, and optimize the utilization of DERs. This trend aligns with the global push toward sustainable energy and the transition to a more decentralized and resilient power system.
The rise of smart grids and advanced metering infrastructure is another key driver shaping the ANM market. Smart grids enable real-time monitoring, control, and communication across the electricity grid, paving the way for more proactive and automated network management. ANM solutions leverage the data generated by smart grids to optimize energy flows, reduce losses, and enhance overall grid reliability. The integration of intelligent sensors, communication technologies, and analytics in smart grids is propelling the adoption of ANM as a crucial component of modern grid management strategies.
Moreover, the increasing complexity of electricity grids and the need for real-time decision-making are driving the trend of enhanced grid automation. ANM solutions play a vital role in automating control processes, enabling utilities and grid operators to respond rapidly to fluctuations in demand, unforeseen outages, and changes in generation patterns. The automation of grid operations not only improves efficiency but also enhances the grid's ability to adapt to dynamic conditions, supporting the integration of renewable energy and emerging technologies.
The electrification of transportation is influencing trends in the ANM market as well. The growing adoption of electric vehicles (EVs) introduces new challenges and opportunities for grid management. ANM solutions assist in mitigating the impact of EV charging on grid congestion by optimizing charging schedules, managing peak demand, and ensuring a balanced distribution of energy resources. As the demand for EVs continues to rise, ANM becomes a critical enabler for the seamless integration of electric transportation into existing power networks.
Additionally, the ANM market is witnessing a shift towards cloud-based solutions and advanced analytics. Cloud-based ANM platforms offer scalability, flexibility, and cost-effectiveness, allowing utilities to access powerful network management capabilities without the need for extensive on-premises infrastructure. Advanced analytics, including machine learning and predictive modeling, enhance the capabilities of ANM solutions by providing insights into future network behavior, enabling proactive decision-making, and improving the overall efficiency of grid operations.
Interoperability and standardization are emerging as important trends in the ANM market. As the number of devices and systems involved in grid management increases, ensuring seamless communication and integration between different components becomes essential. Industry stakeholders are working towards establishing standards and protocols to promote interoperability, enabling the smooth integration of ANM solutions with existing grid infrastructure and supporting a more collaborative and interconnected energy ecosystem.
The focus on resilience and grid reliability is influencing trends in the ANM market, particularly in the face of increasing cybersecurity threats and extreme weather events. ANM solutions contribute to grid resilience by providing real-time monitoring, rapid response capabilities, and adaptive management strategies to mitigate the impact of disruptions. As the frequency and severity of extreme weather events continue to rise, ANM becomes a critical tool for enhancing the resilience and reliability of energy networks.
Report Attribute/Metric | Details |
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Market Opportunities | New product launches and R&D Amongst major Companies |
The rising need for power supply management from dispersed renewable energy sources, as well as the need to prevent overloading power grids and make the most use of the energy available, are driving reasons for the adoption of network infrastructure management solutions. Smart grids of today use a variety of sophisticated methods to regulate power supply and combine new energy sources, including renewable sources. ANM is a software solution for power grids that aids in the prevention of voltage range violations, imbalances between power generation and consumption, and overload. ANM has proved to be a dependable option for grid stability, voltage control, and peak load management. Smart grid development throughout the world, as well as increased use of renewable energy sources, are driving smart grid businesses to broadly use ANM solutions. However, a lack of awareness of sophisticated smart grid technologies in emerging nations is likely to hinder active network management market growth over the forecast period.
This report contains all the information on the global active network management market research report and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global active network management market analysis forecast for 2024 is also included in the report.
Active Network Management Market COVID-19 Analysis:
The active network management market had considerable low growth as a result of the Covid-19 epidemic. For example, the lockdown resulted in a significant decrease in electricity usage (20-22 percent in the first ten days of the lockdown). Electricity use by commercial and industrial consumers, as well as railways, has decreased dramatically. Because these consumers cross-subsidize domestic and agricultural consumers, the income loss is considerably greater, affecting total demand for active network management.
Market Dynamic:Drivers:
The increased need for active network management is expected to fuel the global development of the active network management market growth among end-user industries via improved uptime, dependability, alarm monitoring, and active alerts. Active network management is a trend and a top priority for many sectors, owing to the potential to optimize energy distribution management.
The present and suggested solutions are typically a mix of ANM and protective systems, but under certain situations, they can expose every separate system to erroneous operation due to the nature of the other.
Cumulative Growth Analysis:
As the number of smart city projects grows, smart energy distribution techniques will become more prevalent. The Consumer Technology Association predicts that global investment on smart city development would reach USD 34.35 billion by 2020. Furthermore, according to the United Nations Population Fund, 54 percent of the world's population, or roughly 3.3 billion people, resided in urban areas in 2014. By 2030, urban regions are anticipated to house about 67 percent of the overall population. The LoRa Alliance said in January 2020 that it will provide numerous demos at DISTRIBUTECH 2020 that would make a strong case for LoRaWAN's usage in metering, utilities, and smart city applications.
Value Chain Analysis:
According to the reports, the worldwide active network management (ANM) market is divided into four sections: component, organization size, application, and region/country. The market has been divided into two components: software and services. Professional and managed services have been added to the services section. The research includes consultancy services, implementation and integration services, and support and maintenance services. The market has been divided into two segments based on organization size: big businesses and small and medium-sized enterprises (SMEs).
The market has been divided into four applications: electricity production, power grid and transmission, oil and gas, and water treatment and distribution. The active network management market has been divided into four regions: North America, Europe, Asia-Pacific, and the rest of the world. North America is divided into the United States, Canada, and Mexico; Europe into Germany, the United Kingdom, France, and the rest of Europe; Asia-Pacific into China, India, Japan, and the rest of Asia-Pacific; and Rest of the World into the Middle East and Africa and South America.
Active Network Management Market Segmentation Overview:
The active network management market is segmented on the basis of component, organization size, application, and region/country. The global active network management (ANM) market is expected to witness decent growth during the forecast period.
By Application:Based on the application, the active network management market is segmented into electricity production, power grid and transmission, oil and gas, and water treatment and distribution.
By end-users:Based on the propulsion types, the active network management market is segmented into big businesses and small and medium-sized enterprises (SMEs).
Active Network Management Market Regional Analysis:
During the forecast period of 2018 to 2023, the worldwide market for ANM is expected to develop at a modest rate. The worldwide ANM market has been geographically analyzed for North America, Europe, Asia-Pacific, and the rest of the globe. During the projected period, North America is estimated to lead the active network management market. North America is regarded as the most advanced area in terms of the development and acceptance of novel electrical and electronic technology.
The area has enormous income generation potential in the active network management industry, notably through smart grid initiatives. During the forecast period, the United States is anticipated to be the dominant nation in the North American active network management market sales. During the projected period, Asia-Pacific is predicted to expand at the quickest rate. Rapid progress toward the transition of traditional grids into smart grids is projected to drive market growth in the APAC region. In terms of market share, China, Japan, and India have led the APAC area, and this trend is likely to continue in the future years.
Active Network Management Market Competitive Landscape:
Many companies in the worldwide active network management market are growing their technical prowess, according to recent trends, with higher expenditures in research and development (R&D) operations. To improve on their product offerings and expand their client bases, the majority of the firms have followed an organic growth approach.
Recent Developments:
In February 2023, Siemens inked a strategic alliance with EnergyHub to build a holistic scalable DER management system (Distributed Energy Resources) through which Siemens’ software takes into consideration all the distributed energy sources to enhance network planning, operation and maintenance. This synergy between Siemens and EnergyHub enables utilities to make the best use of both Siemens' network expertise and EnergyHub's leading grid capabilities, as well as a comprehensive portfolio element for next-gen DERMS. It is seen that this would enable utilities to achieve zero net emissions by using distributed energy resources as an alternative to wiring, reducing the need for investment in hardware.
In January 2023, Expeto, Inc. entered into an agreement with Portland General Electric (PGE), a well-known provider of public and private mobile networks, in order to expedite progress in grid modernization together with integrating renewable energy sources. The private wireless network provided by Portland General Electric will streamline automated grid resilience and provide intelligent sensors and equipment for field monitoring purposes while uniting workers aimed at enhancing employee safety besides offering public charging stations for electric vehicles on the grid. The collaboration is set to accelerate clean energy adoption and upgrade the grid infrastructure.
In August 2023, GE Digital revealed GridOS, an extensive software suite designed for easy orchestration of grids. Developed specifically for transforming today’s electric grids into cleaner sources of power, GridOS comes with a secure platform supported by robust applications. The clean energy transition requires resiliency and agility across utility companies worldwide; hence, GridOS provides them with the necessary infrastructure from cloud service providers and system integrator partners needed for accelerated grid modernization, enabling the expansion of the clean energy grid.
In June 2023, Siemens is reinforcing its commitment to hastening the move towards sustainable energy with its newest software, LV Insights X, which falls under its Xcelerator portfolio. DSOs who run distribution grids now have the opportunity to tackle one of the key problems of our time— improvement of grid capacity at a large scale —by using this innovative software. This is mainly due to the fact that existing systems are under strain while new consumers like electric vehicle (EV) chargers and heat pumps, as well as decentralized renewable energy sources, are rapidly increasing in number. LV Insights X gives DSOs total visibility into their low voltage network, which will result in a significant reduction in outage times, up to a 30% increase in grid capacity and identification of critical segments.
On the basis of component, the Active Network Management Market has the following segments:
On the basis of organization size, the market has the following segments:
On the basis of application Area, the Active Network Management market has the following segments:
On the basis of Region, the market has the following segments:
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