Global Power System Analysis Software Industry

Global Power System Analysis Software Industry

  • April 2021 •
  • 170 pages •
  • Report ID: 5961110 •
  • Format: PDF
Abstract:
- Global Power System Analysis Software Market to Reach $12.2 Billion by 2027
- Amid the COVID-19 crisis, the global market for Power System Analysis Software estimated at US$5.6 Billion in the year 2020, is projected to reach a revised size of US$12.2 Billion by 2027, growing at aCAGR of 11.9% over the period 2020-2027. On- premise, one of the segments analyzed in the report, is projected to record 11.7% CAGR and reach US$9.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud-based segment is readjusted to a revised 12.7% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 11.4% CAGR
- The Power System Analysis Software market in the U.S. is estimated at US$1.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 10.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.6% CAGR.

- Select Competitors (Total 41 Featured) -
  • ABB Group
  • Atos SA
  • DIgSILENT GmbH
  • Eaton Corporation PLC
  • Electricity Coordinating Center Ltd.
  • Electrocon International, Inc.
  • Energy Exemplar Pty Ltd.
  • ETAP - Operation Technology, Inc.
  • General Electric Company
  • NEPLAN AG
  • Nexant, Inc.
  • Open Systems International, Inc.
  • PowerWorld Corporation
  • Poyry PLC
  • PSI Software AG
  • Schneider Electric SE
  • Siemens AG
  • Unicorn Power Solutions Pvt. Ltd.