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Active Network Management Market Size, Share, and COVID-19 Impact Analysis, By Component (Software, Services), By Enterprise Type (Small & Medium Enterprises, Large Enterprises), By Application (Automation, Grid Asset Monitoring, Real-time Monitoring, and Others), By Industry (Energy & Utility, Transportation, Government, Others), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI107186 | Status : UpcomingActive network management is a solution for handling constraints in real-time to defer or avoid reinforcement of existing assets. This technique is implemented by distribution network operators for the broader development of smart grids and to manage flows on the networks. Moreover, grid companies typically use Active Network Management (ANM) to control energy-generating schemes to avoid upgrading the network, which usually costs a lot of money. It is a communication platform that allows packets to actively modify the network operation flowing through a communication network. Active network management control and manage different energy infrastructure components, including power storage devices, renewable energy generation, generators, and others.
For instance, ZIV Automation partnered with Scottish and Southern Electricity Networks (SSEN) to provide Active Network Management solutions to deliver flexible and better energy system for its customers. Additionally, SSEN initiated the deployment and development of ANM solution through innovation projects to develop the U.K.’s first smart grid on Orkney.
Under this project, new energy generators can be initiated through automated controls to minimize the electrical output, thus preventing more energy being put onto the network that could cause system faults.
Moreover, with the rising share of renewable energy generation in electrical systems, ANM has become a valuable alternative for a distribution system operator to operate system in a secure and cost-effective way without expecting on network reinforcement.
Impact of COVID-19 on the Active Network Management Market
The outbreak of COVID-19 has impacted the demand and production of energy and power companies. The high cost & developments done by power generation and energy companies due to pandemic outbreak led to decreased need for active networks. However, high spending on advanced energy and power management solutions is considered a positive outlook for the active network management market.
However, the COVID-19 outbreak brings high spending on advanced energy and power management solutions and technologies; therefore, the long-term outlook remains positive for the active network management market.
Key Insights
The report will cover the following key insights:
- Micro & macroeconomic indicators
- Drivers, restraints, trends, and opportunities
- Business strategies adopted by the players
- Impact of COVID-19 on the active network management market
- Consolidated SWOT analysis of key players
Analysis by Industry
On the basis of industry, the market is categorized into energy & utility, transportation, government, and others. Government sector is expected to increase the market share due to implementation and deployment of ANM solution for generating electrical and renewable energy. For instance,
In September 2020, Enzen and Smarter Grid Solutions (SGS) announced India’s first Active
Network Management solution to maximize the renewable energy potential for Tamil Nadu. Enzen and SGS will deploy ANM system that will enable to perform active real-time, autonomous renewable energy generation control.
Regional Analysis
The global active network management market is divided into five regions, North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America is estimated to hold the largest active network management market share during the projected period due to strong adoption of Industrial Internet of Things (IIoT) and edge software platforms across different organizations.
Key Players Covered
The key players in the market include ABB, Siemens, Schneider Electric, Indra, Camlin, Ziv, General Electric, Argand Solutions, Cisco Systems, Itron, Oracle Corporation, IBM Corporation, Landis+Gyr, Smarter Grid Solutions, and others.
Segmentation
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Key Industry Developments
- In December 2021: Schneider Electric launched grids of the future lifecycle management to enable energy transition. It introduced powerful capabilities that benefit grid operators to minimize the risk of outages, demand flexibility, manage supply, and improve operational and energy efficiency.
- In March 2021: ZIV Automation introduced Mongolia’s first ANM system for Desert Solar Power as a smart grid technique to manage and resolve transmission capacity problem. Adoption of smart grid techniques in Mongolia allowed to unlock electric capacity of 30MVA renewable energy.
- Global
- 2023
- 2019-2022