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Global Power System Simulator Market, by Module (Load Flow, Harmonic, Short Circuit, Device Coordination Selectivity, & Others), by Offerings (Software, Hardware & Services), by End-Users (Power, Industrial, & Others), by Region, Competition, Forecast & Opportunities, 2026

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  • September 2020
  • Region: Global
  • TechSci Research
  • ID: 5141778
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The Global Power System Simulator Market was valued at $ 960 million in 2019 and is projected to reach USD 1.38 billion by 2025, owing to rising emphasis on power generation through renewable resources and adoption of IoT as well as cloud-based platforms, globally. Power system simulator is a software tool used by various power system engineers to simulate electrical power transmission, generation & distribution for round-the-clock maintenance and is helpful in reducing the overall downtime of the projects.

Furthermore, a simulator acts as a real time simulator, which is used for analyzing grid faults, power flow calculation, and economic dispatch calculation. Moreover, rising necessity for renewable sources of energy such as solar and wind energy has given a boost to the power industry and will likely increase the demand for power system simulators in the coming years.

The power system simulator market is segmented based on module, offerings, end-users, and regions. Based of module, the market is segmented into Load Flow, Device Coordination Selectivity, Short Circuit, Harmonics and Others. The Load Flow segment accounted for the largest share in the Global Power System Simulator Market, followed by Harmonics segment.

Based on offerings, the market is categorized into Software, Hardware and Services. Out of these, the Software category accounted for largest share in the power system simulator market and is anticipated to dominate the market during the forecast period due to the investments into IoT as well as increasing advancements into existing software offerings to achieve higher efficiency.

Based on end-users, the market is segmented into Power, Industrial and Others, wherein Power segment dominates the market during the forecast period due to rising investments in renewable energy, growing power generation capabilities, and high growth rates in developing the economics of many countries.

Regionally, North America is expected to lead the market due to growing investments in renewable power generation capacities as well as growing IoT Industry in the United States and Canada. Major players operating in the Global Power System Simulator Market include ABB Ltd., Eaton Corporation, Siemens AG, General Electric Company, Schneider Electric, Open System International Inc., Fuji Electric Co. Ltd., The Math Works Inc., Powerworld Corporation, RTDS Technologies Inc., and others. Key market players are adopting competitive strategies such as new product developments, mergers & acquisitions, partnership, and agreements in order to expand their geographic reach and to increase their customer base.

Years considered for this report:
  • Historical Years: 2015-2018
  • Base Year: 2019
  • Estimated Year: 2020
  • Forecast Period: 2021-2025

The Objective of the Study:
  • To analyse and forecast the market size of Power System Simulator Market, in terms of value.
  • To classify and forecast the Global Power System Simulator Market based on module, offerings, end-users, and regional distribution.
  • To identify drivers and challenges for the Global Power System Simulator Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Power System Simulator Market.
  • To conduct the pricing analysis for the Global Power System Simulator Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of the Global Power System Simulator Market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, the author sourced a list of power system simulator manufacturers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the suppliers which could not be identified due to the limitations of secondary research. The author analyzed the service offerings and presence of all major market players across the globe.

The author calculated the market size of the the Global Power System Simulator Market by using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecast for the future years. The author sourced these values from the industry experts and company representatives and externally validated through analysing historical data for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used.

Key Target Audience:
  • Power System Simulator manufacturers, suppliers, and other stakeholders
  • Power System Hardware Providers
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to power system simulator market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as market players, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Global Power System Simulator Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Module:
  • Load Flow
  • Harmonics
  • Short Circuit
  • Device Coordination Selectivity
  • Others

Market, By Offerings:
  • Software
  • Hardware
  • Services

Market, By End-Users:
  • Power
  • Industrial
  • Others

Market, By Regions:
  • North America
  • United States
  • Canada
  • Mexico
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Rest of Europe
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Power System Simulator Market.

Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.

Table of Contents

1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Power System Simulator Market4. Executive Summary
5. Voice of Customer
5.1. Product Awareness
5.2. Brand Awareness
5.3. Brand Recall
5.4. Product Pricing
5.5. Challenges & Unmet Needs
6. Global Power System Simulator Market Landscape
7. Global Power System Simulator Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Module (Load Flow, Harmonics, Short Circuit, Device Coordination
Selectivity and Others)
7.2.2. By Offerings (Software, Hardware and Services)
7.2.3. By End-Users (Power, Industrial and Others)
7.2.4. By Company
7.2.5. By Region
8. North America Power System Simulator Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Module (Load Flow, Harmonics, Short Circuit, Device Coordination
Selectivity and Others)
8.2.2. By Offerings (Software, Hardware and Services)
8.2.3. By End-Users (Power, Industrial and Others)
8.2.4. By Country
8.3. Market Attractiveness Index
9. North America: Country Analysis
9.1. United States Power System Simulator Market Outlook
9.1.1. Market Size & Forecast
9.1.1.1. By Value
9.1.2. Market Share & Forecast
9.1.2.1. By Module
9.1.2.2. By Offerings
9.1.2.3. By End-Users
9.2. Canada Power System Simulator Market Outlook
9.2.1. Market Size & Forecast
9.2.1.1. By Value
9.2.2. Market Share & Forecast
9.2.2.1. By Module
9.2.2.2. By Offerings
9.2.2.3. By End-Users
9.3. Mexico Power System Simulator Market Outlook
9.3.1. Market Size & Forecast
9.3.1.1. By Value
9.3.2. Market Share & Forecast
9.3.2.1. By Module
9.3.2.2. By Offerings
9.3.2.3. By End-Users
10. Asia Pacific Power System Simulator Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Module (Load Flow, Harmonics, Short Circuit, Device Coordination
Selectivity and Others)
10.2.2. By Offerings (Software, Hardware and Services)
10.2.3. By End-Users (Power, Industrial and Others)
10.2.4. By Country
10.3. Market Attractiveness Index
11. Asia Pacific: Country Analysis
11.1. China Power System Simulator Market Outlook
11.1.1. Market Size & Forecast
11.1.1.1. By Value
11.1.2. Market Share & Forecast
11.1.2.1. By Module
11.1.2.2. By Offerings
11.1.2.3. By End-Users
11.2. India Power System Simulator Market Outlook
11.2.1. Market Size & Forecast
11.2.1.1. By Value
11.2.2. Market Share & Forecast
11.2.2.1. By Module
11.2.2.2. By Offerings
11.2.2.3. By End-Users
11.3. Japan Power System Simulator Market Outlook
11.3.1. Market Size & Forecast
11.3.1.1. By Value
11.3.2. Market Share & Forecast
11.3.2.1. By Module
11.3.2.2. By Offerings
11.3.2.3. By End-Users
11.4. South Korea Power System Simulator Market Outlook
11.4.1. Market Size & Forecast
11.4.1.1. By Value
11.4.2. Market Share & Forecast
11.4.2.1. By Module
11.4.2.2. By Offerings
11.4.2.3. By End-Users
11.5. Australia Power System Simulator Market Outlook
11.5.1. Market Size & Forecast
11.5.1.1. By Value
11.5.2. Market Share & Forecast
11.5.2.1. By Module
11.5.2.2. By Offerings
11.5.2.3. By End-Users
12. Europe Power System Simulator Market Outlook
12.1. Market Size & Forecast
12.1.1. By Value
12.2. Market Share & Forecast
12.2.1. By Module (Load Flow, Harmonics, Short Circuit, Device Coordination
Selectivity and Others)
12.2.2. By Offerings (Software, Hardware and Services)
12.2.3. By End-Users (Power, Industrial and Others)
12.2.4. By Country
12.3. Market Attractiveness Index
13. Europe: Country Analysis
13.1. Germany Power System Simulator Market Outlook
13.1.1. Market Size & Forecast
13.1.1.1. By Value
13.1.2. Market Share & Forecast
13.1.2.1. By Module
13.1.2.2. By Offerings
13.1.2.3. By End-Users
13.2. France Power System Simulator Market Outlook
13.2.1. Market Size & Forecast
13.2.1.1. By Value
13.2.2. Market Share & Forecast
13.2.2.1. By Module
13.2.2.2. By Offerings
13.2.2.3. By End-Users
13.3. United Kingdom Power System Simulator Market Outlook
13.3.1. Market Size & Forecast
13.3.1.1. By Value
13.3.2. Market Share & Forecast
13.3.2.1. By Module
13.3.2.2. By Offerings
13.3.2.3. By End-Users
13.4. Italy Power System Simulator Market Outlook
13.4.1. Market Size & Forecast
13.4.1.1. By Value
13.4.2. Market Share & Forecast
13.4.2.1. By Module
13.4.2.2. By Offerings
13.4.2.3. By End-Users
13.5. Spain Power System Simulator Market Outlook
13.5.1. Market Size & Forecast
13.5.1.1. By Value
13.5.2. Market Share & Forecast
13.5.2.1. By Module
13.5.2.2. By Offerings
13.5.2.3. By End-Users
14. Middle East & Africa Power System Simulator Market Outlook
14.1. Market Size & Forecast
14.1.1. By Value
14.2. Market Share & Forecast
14.2.1. By Module (Load Flow, Harmonics, Short Circuit, Device Coordination
Selectivity and Others)
14.2.2. By Offerings (Software, Hardware and Services)
14.2.3. By End-Users (Power, Industrial and Others)
14.2.4. By Country
14.3. Market Attractiveness Index
15. Middle East & Africa: Country Analysis
15.1. Saudi Arabia Power System Simulator Market Outlook
15.1.1. Market Size & Forecast
15.1.1.1. By Value
15.1.2. Market Share & Forecast
15.1.2.1. By Module
15.1.2.2. By Offerings
15.1.2.3. By End-Users
15.2. UAE Power System Simulator Market Outlook
15.2.1. Market Size & Forecast
15.2.1.1. By Value
15.2.2. Market Share & Forecast
15.2.2.1. By Module
15.2.2.2. By Offerings
15.2.2.3. By End-Users
15.3. South Africa Power System Simulator Market Outlook
15.3.1. Market Size & Forecast
15.3.1.1. By Value
15.3.2. Market Share & Forecast
15.3.2.1. By Module
15.3.2.2. By Offerings
15.3.2.3. By End-Users
16. South America Power System Simulator Market Outlook
16.1. Market Size & Forecast
16.1.1. By Value
16.2. Market Share & Forecast
16.2.1. By Module (Load Flow, Harmonics, Short Circuit, Device Coordination
Selectivity and Others)
16.2.2. By Offerings (Software, Hardware and Services)
16.2.3. By End-Users (Power, Industrial and Others)
16.2.4. By Country
16.3. Market Attractiveness Index
17. South America: Country Analysis
17.1. Brazil Power System Simulator ss Market Outlook
17.1.1. Market Size & Forecast
17.1.1.1. By Value
17.1.2. Market Share & Forecast
17.1.2.1. By Module
17.1.2.2. By Offerings
17.1.2.3. By End-Users
17.2. Argentina Power System Simulator Market Outlook
17.2.1. Market Size & Forecast
17.2.1.1. By Value
17.2.2. Market Share & Forecast
17.2.2.1. By Module
17.2.2.2. By Offerings
17.2.2.3. By End-Users
17.3. Colombia Power System Simulator Market Outlook
17.3.1. Market Size & Forecast
17.3.1.1. By Value
17.3.2. Market Share & Forecast
17.3.2.1. By Module
17.3.2.2. By Offerings
17.3.2.3. By End-Users
18. Market Dynamics
18.1. Drivers
18.2. Challenges
19. Market Trends & Developments20. Pricing Analysis
21. Competitive Landscape
21.1. ABB Ltd.
21.2. Eaton Corporation
21.3. Siemens AG
21.4. General Electric Company
21.5. Schneider Electric
21.6. Open System International Inc.
21.7. Fuji Electric Co. Ltd.
21.8. The Math Work, Inc.
21.9. Powerworld Corporation
21.10. RTDS Technologies Inc.
22. Strategic Recommendations
List of Figures
Figure 1: Global Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 2: Global Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 3: Global Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 4: Global Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 5: Global Power System Simulator Market Share, By Regions, By Value, 2015-2025F
Figure 6: Global Power System Simulator Market Share, By Company, By Value, 2015-2025F
Figure 7: Product Map-Market Size, By Value (USD Million) & Growth Rate (%)
Figure 8: Region Map-Market Size, By Value (USD Million) & Growth Rate (%)
Figure 9: North America Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 10: North America Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 11: North America Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 12: North America Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 13: North America Power System Simulator Market Share, By Country, By Value, 2015-2025F
Figure 14: United States Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 15: United States Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 16: United States Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 17: United States Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 18: Canada Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 19: Canada Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 20: Canada Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 21: Canada Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 22: Mexico Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 23: Mexico Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 24: Mexico Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 25: Mexico Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 26: Asia Pacific Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 27: Asia Pacific Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 28: Asia Pacific Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 29: Asia Pacific Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 30: Asia Pacific Power System Simulator Market Share, By Country, By Value, 2015-2025F
Figure 31: China Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 32: China Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 33: China Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 34: China Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 35: India Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 36: India Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 37: India Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 38: India Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 39: Japan Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 40: Japan Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 41: Japan Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 42: Japan Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 43: South Korea Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 44: South Korea Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 45: South Korea Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 46: South Korea Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 47: Australia Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 48: Australia Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 49: Australia Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 50: Australia Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 51: Europe Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 52: Europe Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 53: Europe Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 54: Europe Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 55: Europe Power System Simulator Market Share, By Country, By Value, 2015-2025F
Figure 56: Germany Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 57: Germany Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 58: Germany Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 59: Germany Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 60: France Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 61: France Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 62: France Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 63: France Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 64: United Kingdom Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 65: United Kingdom Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 66: United Kingdom Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 67: United Kingdom Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 68: Italy Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 69: Italy Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 70: Italy Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 71: Italy Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 72: Spain Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 73: Spain Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 74: Spain Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 75: Spain Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 76: Middle East & Africa Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 77: Middle East & Africa Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 78: Middle East & Africa Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 79: Middle East & Africa Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 80: Middle East & Africa Power System Simulator Market Share, By Country, By Value, 2015-2025F
Figure 81: Saudi Arabia Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 82: Saudi Arabia Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 83: Saudi Arabia Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 84: Saudi Arabia Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 85: UAE Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 86: UAE Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 87: UAE Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 88: UAE Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 89: South Africa Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 90: South Africa Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 91: South Africa Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 92: South Africa Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 93: South America Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 94: South America Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 95: South America Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 96: South America Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 97: South America Power System Simulator Market Share, By Country, By Value, 2015-2025F
Figure 98: Brazil Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 99: Brazil Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 100: Brazil Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 101: Brazil Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 102: Argentina Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 103: Argentina Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 104: Argentina Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 105: Argentina Power System Simulator Market Share, By End-Users, By Value, 2015-2025F
Figure 106: Colombia Power System Simulator Market Size, By Value (USD Million), 2015-2025F
Figure 107: Colombia Power System Simulator Market Share, By Module, By Value, 2015-2025F
Figure 108: Colombia Power System Simulator Market Share, By Offerings, By Value, 2015-2025F
Figure 109: Colombia Power System Simulator Market Share, By End-Users, By Value, 2015-2025F

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