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Outage Management System Market
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Outage Management System Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS1407002, Published - November 2024

Segmented in Type (Standalone, Integrated), Component (Software, Hardware, Services), Application, End-User and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2023 – 2033

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Outage Management System Market Outlook

The market for Outage Management Systems (OMS) is on the rise because of the growing need for power management and quick responses to power failures. The market size was around USD 1.6 billion in 2023 and is expected to reach over USD 2.8 billion by 2030 and USD 4.2 billion by 2035 with a compound annual growth rate of 8.5%.


OMS solutions help utility and industrial sectors oversee and minimize power outage duration effectively by offering data insights and analysis tools to swiftly tackle interruptions and ensure seamless service provision. Particularly crucial, in utilities manufacturing and healthcare sectors.


Market Size Forecast & Key Insights

2018
$1.6B2023
2028
$3.5B2033

Absolute Growth Opportunity = $2.0B

The Outage Management System market is projected to grow from $1.6 billion in 2023 to $3.5 billion in 2033. This represents a CAGR of 8.5%, reflecting rising demand across Power Utilities, Healthcare Facilities and Oil & Gas.

The Outage Management System market is set to add $2.0 billion between 2023 and 2033, with manufacturer targeting Oil & Gas & Manufacturing End-User projected to gain a larger market share.

With Increasing focus on grid reliability, and Growth in smart grid deployments, Outage Management System market to expand 126% between 2023 and 2033.

Opportunities in the Outage Management System Market

Integration with Predictive Analytics

The combination of analytics with OMS allows businesses to take proactive steps in managing outages by predicting and preventing them ahead of time.This advancement opens up possibilities, for service providers who offer advanced analytics capabilities.

Adoption in Emerging Markets and Remote Monitoring Solutions for Decentralized Infrastructure

In developing nations around the world today there is a growing trend towards investing in infrastructure systems that are smart and innovative.This has brought about possibilities for companies offering Outage Management System (OMS) solutions to broaden their reach and influence.The governments of these countries are giving importance to upgrading their power grids which, in turn is fuelinng the growth of OMs providers.

The increasing popularity of energy systems has led to a greater need for OMS solutions that can be used for monitoring and managing operations remotely.This shift in focus, toward OMS usage is seen across settings ranging from city utilities to isolated industrial locations.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

The Asia Pacific region is seeing a rise in OMS development thanks to substantial investments in infrastructure and the growing use of smart grid technology. China and India stand out as markets where there is a strong emphasis placed on affordable OMS solutions that guarantee grid reliability. Local providers prioritize features, like monitoring and predictive analytics to cater to the increasing demand.

North America Outlook

North America is at the forefront of adopting OMS due to its developed grid infrastructure and emphasis on smart grid initiatives. Major industry players are prioritizing cybersecurity and cloud services tailored to the requirements of utility companies and critical infrastructure sectors. The regions strong regulatory frameworks play a role, in enhancing grid reliability.

North America Outlook

North America is at the forefront of adopting OMS due to its developed grid infrastructure and emphasis on smart grid initiatives. Major industry players are prioritizing cybersecurity and cloud services tailored to the requirements of utility companies and critical infrastructure sectors. The regions strong regulatory frameworks play a role, in enhancing grid reliability.

Asia-Pacific Outlook

The Asia Pacific region is seeing a rise in OMS development thanks to substantial investments in infrastructure and the growing use of smart grid technology. China and India stand out as markets where there is a strong emphasis placed on affordable OMS solutions that guarantee grid reliability. Local providers prioritize features, like monitoring and predictive analytics to cater to the increasing demand.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2024–2033

1

Major Markets : United States, Germany, China, Japan, India are expected to grow at 6.2% to 8.9% CAGR

2

Emerging Markets : Brazil, South Africa, Mexico are expected to grow at 8.2% to 10.6% CAGR

Market Analysis Chart

The market for Outage Management Systems is motivated by the importance of ensuring power grids and expanding smart grid technologies while also focusing on developing critical infrastructure projects. However the presence of expenses and worries related to data security present obstacles to progress. Nevertheless the market shows promise with advancements in predictive analytics and remote monitoring, for decentralized infrastructure systems.

Recent Developments and Technological Advancement

October 2024

ABB has introduced a cloud based OMS solution tailored for utility companies, with improved scalability and predictive maintenance capabilities.

July 2024

Schneider Electric has launched a cybersecurity oriented OMS to enhance the security of smart grids by ensuring data integrity and operational safety.

March 2024

Honeywell has introduced a remote monitoring OMS solution designed for decentralized energy systems that highlights adaptability and quick reaction.

In the landscape of the Outage Management System market there is a noticeable trend towards adopting cloud based solutions with enhanced cybersecurity features especially tailored for utility companies and smart grid applications. Service providers are emphasizing the importance of accessibility and predictive functionalities to cater to the ever changing requirements, in this domain.

Impact of Industry Transitions on the Outage Management System Market

As a core segment of the ITM industry, the Outage Management System market develops in line with broader industry shifts. Over recent years, transitions such as Shift to Cloud-Based OMS Solutions and Increased Emphasis on Cybersecurity for OMS have redefined priorities across the ITM sector, influencing how the Outage Management System market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Shift to Cloud-Based OMS Solutions:

The use of cloud technology is changing the way OMS functions by providing increased scalability and instant access for users in real time situations.Cloud based OMS proves advantageous, for utilities and essential infrastructure facilities that rely on remote monitoring to boost reliability.

2

Increased Emphasis on Cybersecurity for OMS:

The security of OMS systems has become a priority with the increasing adoption of smart grid installations, in recent times. Leading providers are implementing cutting edge cybersecurity measures to safeguard OMS data and ensure the functioning of essential sectors.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the ITM industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the ITM industry cascade into the Outage Management System market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Increasing Focus on Grid Reliability, and Expansion of Critical Infrastructure

The increasing focus on grid reliability plays a role in driving the adoption of OMS among utilities looking to minimize downtime and enhance customer service quality. Offering real time monitoring and predictive outage capabilities Ongoing Maintenance System (OMS) solutions are also vital, for ensuring a power supply.
With the growth of facilities like hospitals and transportation networks along with the increasing reliance on data centers comes a greater need, for dependable OMS solutions to maintain uninterrupted power supply and quick response times to prevent disruptions.
The increasing use of grid technology is also driving the uptake of OMS systems since smart grids need advanced tools to handle and address power outages effectively.

Restraint: High Initial Setup and Integration Costs, and Complexity in Legacy System Integration

Deploying an Operational Management System (OMS) can come with expenses such as software and hardware costs as well as the need for seamless integration with current systems. This financial investment might pose a challenge, for utility companies and industries.
Integrating OMS with systems can be quite challenging since the older infrastructure might not be compatible. This could require a lot of customization and expertise to make it work smoothly.

Challenge: Data Security and Privacy Concerns

OM systems heavily depend upon collecting an amount of data and maintaining connectivity; this raises worries about the security and privacy of the information involved in industries, like utilities and healthcare that deal with sensitive data.

Supply Chain Landscape

Component Suppliers

Data sensors

communication modules

Manufacturers

Schneider Electric

ABB

System Integrators
GE / Siemens
Service Providers
Honeywell / Eaton
Component Suppliers

Data sensors

communication modules

Manufacturers

Schneider Electric

ABB

System Integrators

GE

Siemens

Service Providers

Honeywell

Eaton

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Grid Reliability
Utilities
Schneider Electric, ABB
Focus on predictive analytics and cybersecurity for continuous grid stability
Remote Monitoring
Industrial
Siemens, Honeywell
Developing resilient OMS solutions for remote industrial sites
Smart Grids
Energy
GE, Oracle
Offering integrated OMS for real-time monitoring and efficient smart grid operation
Critical Facilities
Healthcare & Data Centers
Eaton, CGI
Providing reliable OMS tailored for sensitive and high-uptime facilities

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Outage Management System market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Outage Management System in Healthcare Facilities, Power Utilities and Oil & Gas

Healthcare Facilities

Healthcare institutions consider outage management vital to maintain the functioning of life support and equipment consistently operational. Companies such, as Eaton and Honeywell provide tailored services that focus on response and reliable power supply.

Power Utilities

In the power utility sector OMS plays a role in ensuring minimal service disruptions and boosting customer satisfaction by enabling real time outage monitoring and response mechanisms Schneider Electric and ABB are top players offering comprehensive solutions, for outage anticipation and response improvement

Oil & Gas

In the oil and gas sector OMS solutions play a role in managing and dealing with power interruptions in isolated and risky settings. Specialized companies such, as General Electric and Siemens focus their expertise towards creating dependable OMS systems tailored to meet the distinctive demands of this industry sector.

Outage Management System vs. Substitutes:
Performance and Positioning Analysis

SCADA and backup power systems provide cost options but do not offer the full range of features found in OMS systems when it comes to managing outages in real time effectively and comprehensively. The market, for Outage Management Systems is poised for expansion as the need rises for solutions that enhance dependable and efficient power management.

Outage Management System
  • SCADA Systems /
  • Energy Management Systems /
  • Backup Power Solutions
    Enhanced outage detection and response time
    High setup costs and data security challenges
    Cost-effective and easy installation
    Limited adaptability for complex and real-time outage management

Outage Management System vs. Substitutes:
Performance and Positioning Analysis

Outage Management System

  • Enhanced outage detection and response time
  • High setup costs and data security challenges

SCADA Systems / Energy Management Systems / Backup Power Solutions

  • Cost-effective and easy installation
  • Limited adaptability for complex and real-time outage management

SCADA and backup power systems provide cost options but do not offer the full range of features found in OMS systems when it comes to managing outages in real time effectively and comprehensively. The market, for Outage Management Systems is poised for expansion as the need rises for solutions that enhance dependable and efficient power management.

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Research Methodology

This market research methodology defines the Outage Management System market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the ITM ecosystem, we analyze Outage Management System across Power Utilities, Oil & Gas, and Manufacturing Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

Prodcom / Census US / Statcan / e-stat Japan / ABS Australia / KOSIS Korea

Annual Reports / Industry Magazines / Country Level Ministerial Sources / World Mining Data

• Trade Sources (USA Trade Census, EU Comext, China Customs)

Interviews of Industry Stake Holders

Industry Views of Consultants

merics.org

• NAICS - Economic Statistics (US, Canada)

DataString Database

We benchmark competitors such as Schneider Electric, ABB, and GE by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Component Suppliers, Manufacturers, and System Integrators. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global ITM revenues to estimate the Outage Management System segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Component Suppliers (Data sensors, communication modules), Manufacturers (Schneider Electric, ABB), and System Integrators. Our parallel substitute analysis examines SCADA Systems, Energy Management Systems, and Backup Power Solutions, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Schneider Electric, ABB, and GE, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Outage Management System market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Outage Management System Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2024USD 1.7 billion
Revenue Forecast in 2033USD 3.5 billion
Growth RateCAGR of 8.5% from 2024 to 2033
Base Year for Estimation2023
Industry Revenue 20231.6 billion
Growth OpportunityUSD 2.0 billion
Historical Data2018 - 2022
Growth Projection / Forecast Period2024 - 2033
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20231.6 billion USD
Market Size 20262.0 billion USD
Market Size 20282.3 billion USD
Market Size 20302.8 billion USD
Market Size 20333.5 billion USD
Market Size 20354.2 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredType, Component, Application, End-User
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledSchneider Electric, ABB, GE, Siemens, Honeywell, Eaton, Oracle, CGI, Itron, Landis+Gyr, Survalent Technology and Open Systems International
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Outage Management System Market Size, Opportunities & Strategic Insights, by Type

4.1Standalone
4.2Integrated
Chapter 5

Outage Management System Market Size, Opportunities & Strategic Insights, by Component

5.1Software
5.2Hardware
5.3Services
Chapter 6

Outage Management System Market Size, Opportunities & Strategic Insights, by Application

6.1Utilities
6.2Industrial
6.3Commercial
Chapter 7

Outage Management System Market Size, Opportunities & Strategic Insights, by End-User

7.1Power Utilities
7.2Oil & Gas
7.3Manufacturing
7.4Transportation
7.5Healthcare
Chapter 8

Outage Management System Market, by Region

8.1North America Outage Management System Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Outage Management System Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Outage Management System Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Outage Management System Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Outage Management System Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Outage Management System Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Schneider Electric
9.2.2ABB
9.2.3GE
9.2.4Siemens
9.2.5Honeywell
9.2.6Eaton
9.2.7Oracle
9.2.8CGI
9.2.9Itron
9.2.10Landis+Gyr
9.2.11Survalent Technology
9.2.12Open Systems International