+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Power System Simulator - Market Analysis, Trends, and Forecasts

  • ID: 4805701
  • Report
  • March 2020
  • Region: Global
  • 527 pages
  • Global Industry Analysts, Inc
1 of 2
The Power System Simulator market worldwide is projected to grow by US$489.8 Million, driven by a compounded growth of 6.9%. Load Flow, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$413.7 Million by the year 2025, Load Flow will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 7.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$12.5 Million to the region's size and clout in the next 5 to 6 years. Over US$13.2 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Load Flow will reach a market size of US$12.1 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.2% over the next couple of years and add approximately US$64 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:
  • ABB
  • Eaton Corporation, Inc.
  • ETAP
  • Fuji Electric Co., Ltd.
  • GE Energy Consulting
  • Neplan AG
  • RTDS Technologies, Inc.
  • Siemens AG
  • The MathWorks, Inc.
  • Opal-RT Technologies, Inc.
  • PowerWorld Corporation.
Note: Product cover images may vary from those shown
2 of 2
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
An Introduction to Power System Simulation
Power System Simulator Market: Healthy Growth Prospects
Software: The Largest Segment
Load Flow Module Leads Power System Simulator Market
Power Sector Fuels Need for Power System Simulators
North America Dominates Global Market
Competition
Recent Market Activity

2. FOCUS ON SELECT PLAYERS
ABB (Switzerland)
Eaton Corporation, Inc. (USA)
ETAP (USA)
Fuji Electric Co., Ltd. (Japan)
GE Energy Consulting (USA)
Neplan AG (Switzerland)
RTDS Technologies, Inc. (Canada)
Siemens AG (Germany)
The MathWorks, Inc. (USA)
Opal-RT Technologies, Inc. (Canada)
PowerWorld Corporation (USA)

3. MARKET TRENDS & DRIVERS
Robust Increase in Power Sector and Growth in Power Generation Capacities Drive Need for Power System Simulators
EXHIBIT 1: Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
EXHIBIT 2: Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
EXHIBIT 3: Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
High Growth Potential of Renewable Energy Sector to Fuel Market Growth
EXHIBIT 4: Global Solar Power Market: Solar PV Capacity (in GW) and PV Generation (in TWh) for the Years 2017, 2019, 2021 and 2023
EXHIBIT 5: Global Wind Power Market: Cumulated Installed Capacity (in GW) for the Years 2012 through 2018
EXHIBIT 6: Global Renewable Energy Investments in US$ Billion: 2018 & 2030
EXHIBIT 7: Global Renewable Capacity Growth by Technology over the Period 2019-2024
Growing Importance of Real-time Digital Power System Simulations for Power Systems Design & Scheduling
A Glance at Select Real Time Digital Simulators
Real Time Simulation Offers Support for Smart Grid Deployments
Cloud Deployment of Power System Simulators Gains Momentum
Arc Flash Simulation Studies: Essential to Prevent and Mitigate Hazards Related to Arc Flash Events
Investment Scenario in Mining & Metals Sector Influences Market Growth
Product Segmentation by Module: Definitions

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA

IV. COMPETITION
Total Companies Profiled : 34 (including Divisions/Subsidiaries - 35)
Note: Product cover images may vary from those shown
Adroll
adroll