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Global Power Plant Simulators Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026

  • ID: 4620305
  • Report
  • Region: Global
  • Acute Market Reports
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FEATURED COMPANIES

  • ABB Group
  • Corys
  • General Electric Company
  • GSE Systems
  • Siemens AG
  • SimGenics, LLC
  • MORE
Power Plant Simulators Market (by Power Plant Type: Thermal Power Plant, Nuclear Power Plant, Hydropower Plant, Renewable Energy Power Plant, Biomass Power Plant, and Natural Gas Power Plant; by End-user: Power Plants, Educational Institutes & Training Institutes, Industries) - Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the power plant simulator market was estimated to grow with a CAGR of 3.6% during the forecast period from 2018 to 2026.

Market Insights
The need for highly qualified and experienced power plant employees is at its all-time high with growing demand for energy all across the globe. Construction of new power plant at a significant pace generated a demand for human resources capable of handling these plants efficiently and uninterruptedly. In 2017, world electricity generation grew by 2.8% with renewable energy generation claimed a share of 8.4% of global generation. With rapidly changing technology and advancement in power generation, power plant companies do not want their inexperienced employees to hamper production or to invite any disaster due to negligence. Consequently, power plant sector, government projects, and industries procure power plant simulator suiting to their needs in order to train their employees for all critical situations. Companies are continuously trying to design power plant simulator with intricate details to cover all aspects of real power plants.

The technology has been for past few decades and evolving continuously with complexities of modern day power plant. Introduction of machine learning and artificial intelligence incorporated into power plant simulators can offer real-time situations for training employees of power plants. North America and Europe are the leaders in overall power plant simulators market. However, the market in aforementioned region is saturated and thus developing countries of Asia Pacific are the most lucrative market in coming years.

Competitive Insights:
Technological advancement is the priority for all power plant simulator designing and manufacturing company. The market is catered by some of the big names in power sector and backed by strong finances and technology. Thus, with limited international player’s participation, the market is witnessing a fierce competition between these giants. Besides, technology power plant simulator companies are also striving to expand their business in developing regions such as Asia Pacific, Middle East & Africa and Latin America in order to sustain in this dynamic market. Few of the major power plant simulator designer and provider companies profiled in this research study include The Emerson Electric Company, Hitachi-GE Nuclear Energy, Ltd., Siemens AG, SimGenics, LLC, GSE Systems, CTI Simulation International Corporation, Corys, Western Services Corporation, General Electric Company, and ABB Group among others.

Key Analysis Covered:
  • Latest trends in power plant simulator market and growth prospects for power plant simulator market participants
  • Need for trained professionals and optimum utilization of available resources creating a positive impact on the overall power plant simulator market
  • Various types of product offerings including simulators for thermal power plant, nuclear power plant, hydropower plant, and renewable energy power plants among others.
  • Largest and fastest growing segments in terms of power plant type and end-user
  • Growing popularity of renewable energy sources positively affecting the growth of power plant simulator market
  • Most prominent geographical regions/ countries for the power plant simulator market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Group
  • Corys
  • General Electric Company
  • GSE Systems
  • Siemens AG
  • SimGenics, LLC
  • MORE
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Power Plant Simulators Market
2.2 Global Power Plant Simulators Market, by Power Plant Type
2.3 Global Power Plant Simulators Market, by End-user
2.4 Global Power Plant Simulators Market, by Geography

Chapter 3 Market Dynamics
3.1 Global Power Plant Simulators Market Overview
3.1 Market Dynamics
3.1.1 Market Drivers
3.1.1.1 Growing Number of Power Plants along with the Growing Demand for Energy
3.1.1.2 Reduction in Operating Cost and Better Risk Management
3.1.1.3 Incorporation of Renewable Energy and Technological Advancements
3.1.2 Market Challenges
3.1.2.1 High Initial Investment
3.2 See-Saw Analysis
3.2.1 Impact Analysis of Drivers and Restraints
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Players, 2017
3.4.1 Major Strategies Adopted by Key Players

Chapter 4 Global Power Plant Simulators Market Analysis, by Power Plant Type
4.1 Overview
4.1.1 Global Power Plant Simulators Market Value Share, by Power Plant Type, 2017 & 2026 (Value, %)
4.1.2 Global Power Plant Simulators Market Value, by Power Plant Type, 2016 – 2026 (US$ Bn)
4.2 Thermal Power Plant
4.2.1 Global Thermal Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
4.3 Nuclear Power Plant
4.3.1 Global Nuclear Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
4.4 Hydropower Plant
4.4.1 Global Hydropower Plant Simulators Market, 2016 – 2026 (US$ Bn)
4.5 Renewable Energy
4.5.1 Global Renewable Energy Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
4.6 Bio Gas Power Plant
4.6.1 Global Bio Gas Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
4.7 Natural Gas Power Plant
4.7.1 Global Natural Gas Power Plant Simulators Market, 2016 – 2026 (US$ Bn)

Chapter 5 Global Power Plant Simulators Market Analysis, by End-user
5.1 Overview
5.1.1 Global Power Plant Simulators Market Value Share, by End-user, 2017 & 2026 (Value, %)
5.1.2 Global Power Plant Simulators Market Value, by End-user, 2016 – 2026 (US$ Bn)
5.2 Power Plants
5.2.1 Global Power Plant Simulators Market for Power Plants, 2016 – 2026 (US$ Bn)
5.3 Educational Institutes & Training Centers
5.3.1 Global Power Plant Simulators Market for Educational Institutes & Training Centers, 2016 – 2026 (US$ Bn)
5.4 Industries
5.4.1 Global Power Plant Simulators Market for Industries, 2016 – 2026 (US$ Bn)

Chapter 6 North America Power Plant Simulators Market Analysis
6.1 Overview
6.1.1 North America Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
6.2 North America Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
6.2.1 Comparative Analysis
6.3 North America Power Plant Simulators Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
6.3.1 Comparative Analysis
6.4 North America Power Plant Simulators Market Analysis, by Country, 2016 – 2026 (US$ Bn)
6.4.1 U.S.
6.4.2 Rest of North America

Chapter 7 Europe Power Plant Simulators Market Analysis
7.1 Overview
7.1.1 Europe Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
7.2 Europe Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
7.2.1 Comparative Analysis
7.3 Europe Power Plant Simulators Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
7.3.1 Comparative Analysis
7.4 Europe Power Plant Simulators Market Analysis, by Country, 2016 – 2026 (US$ Bn)
7.4.1 U.K.
7.4.2 Germany
7.4.3 France
7.4.4 Rest of Europe

Chapter 8 Asia Pacific Power Plant Simulators Market Analysis
8.1 Overview
8.1.1 Asia Pacific Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
8.2 Asia Pacific Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
8.2.1 Comparative Analysis
8.3 Asia Pacific Power Plant Simulators Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
8.3.1 Comparative Analysis
8.4 Asia Pacific Power Plant Simulators Market Analysis, by Country, 2016 – 2026 (US$ Bn)
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific

Chapter 9 Rest of the World (RoW) Power Plant Simulators Market Analysis
9.1 Overview
9.1.1 RoW Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
9.2 RoW Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
9.2.1 Comparative Analysis
9.3 RoW Power Plant Simulators Market Analysis, by End-user, 2016 – 2026 (US$ Bn)
9.3.1 Comparative Analysis
9.4 RoW Power Plant Simulators Market Analysis, by Country, 2016 – 2026 (US$ Bn)
9.4.1 Middle East & Africa (MEA)
9.4.2 Latin America

Chapter 10 Company Profiles
10.1 The Emerson Electric Company
10.2 Hitachi-GE Nuclear Energy, Ltd.
10.3 Siemens AG
10.4 SimGenics, LLC
10.5 GSE Systems
10.6 CTI Simulation International Corporation
10.7 Corys
10.8 Western Services Corporation
10.9 General Electric Company
10.10 ABB Group

List of Figures:
Figure. 1 Global Power Plant Simulators Market: Research Methodology
Figure. 2 Market Size Estimation – Top Down & Bottom up Approach
Figure. 3 Global Power Plant Simulators Market Segmentation
Figure. 4 Global Power Plant Simulators Market, by Power Plant Type, 2017 (US$ Bn)
Figure. 5 Global Power Plant Simulators Market, by End-user, 2017 (US$ Bn)
Figure. 6 Global Power Plant Simulators Market, by Geography, 2017 (US$ Bn)
Figure. 7 Global Power Plant Simulators Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
Figure. 8 See-Saw Analysis: Global Industrial Mezzanines Market
Figure. 9 Attractive Investment Proposition, by Geography, 2017
Figure. 10 Global Market Positioning of Key Power Plant Simulators Companies, 2017
Figure. 11 Global Power Plant Simulators Market Value Share, by Power Plant Type, 2017 & 2026 (Value, %)
Figure. 12 Global Thermal Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
Figure. 13 Global Nuclear Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
Figure. 14 Global Hydropower Plant Simulators Market, 2016 – 2026 (US$ Bn)
Figure. 15 Global Renewable Energy Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
Figure. 16 Global Bio Gas Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
Figure. 17 Global Natural Gas Power Plant Simulators Market, 2016 – 2026 (US$ Bn)
Figure. 18 Global Power Plant Simulators Market Value Share, by End-user, 2017 & 2026 (Value, %)
Figure. 19 Global Power Plant Simulators Market for Power Plants, 2016 – 2026 (US$ Bn)
Figure. 20 Global Power Plant Simulators Market for Educational Institutes & Training Centers, 2016 – 2026 (US$ Bn)
Figure. 21 Global Power Plant Simulators Market for Industries, 2016 – 2026 (US$ Bn)
Figure. 22 North America Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 23 U.S. Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 24 Rest of North America Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 25 Europe Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 26 U.K. Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 27 Germany Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 28 France Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 29 Rest of Europe Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 30 Asia Pacific Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 31 China Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 32 Japan Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 33 India Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 34 Rest of Asia Pacific Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 35 RoW Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 36 Middle East & Africa (MEA) Power Plant Simulators Market Value, 2016-2026, (US$ Bn)
Figure. 37 Latin America Power Plant Simulators Market Value, 2016-2026, (US$ Bn)

List of Tables:
Table 1 Market Snapshot: Global Power Plant Simulators Market Value
Table 2 Impact Indicators
Table 3 Impact Analysis of Drivers and Restraints
Table 4 Global Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
Table 5 Global Power Plant Simulators Market, by End-user, 2016 – 2026 (US$ Bn)
Table 6 North America Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
Table 7 North America Power Plant Simulators Market, by End-user, 2016 – 2026 (US$ Bn)
Table 8 Europe Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
Table 9 Europe Power Plant Simulators Market, by End-user, 2016 – 2026 (US$ Bn)
Table 10 Asia Pacific Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
Table 11 Asia Pacific Power Plant Simulators Market, by End-user, 2016 – 2026 (US$ Bn)
Table 12 RoW Power Plant Simulators Market, by Power Plant Type, 2016 – 2026 (US$ Bn)
Table 13 RoW Power Plant Simulators Market, by End-user, 2016 – 2026 (US$ Bn)
Table 14 The Emerson Electric Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 15 Hitachi-GE Nuclear Energy, Ltd.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 16 Siemens AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 17 SimGenics, LLC: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 18 GSE Systems: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 19 CTI Simulation International Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 20 Corys: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 21 Western Services Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Recent Development)
Table 22 General Electric Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Table 23 ABB Group: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development)
Note: Product cover images may vary from those shown
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  • The Emerson Electric Company
  • Hitachi-GE Nuclear Energy, Ltd.
  • Siemens AG
  • SimGenics, LLC
  • GSE Systems
  • CTI Simulation International Corporation
  • Corys
  • Western Services Corporation
  • General Electric Company
  • ABB Group
Note: Product cover images may vary from those shown
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