Global Power System Simulator Market Size & Outlook
Global power system simulator market, 2018-2030 (US$M)
Global power system simulator market highlights
- The global power system simulator market generated a revenue of USD 1,356.7 million in 2023 and is expected to reach USD 2,131.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.7% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 1,356.7 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,356.7 million |
| Market revenue in 2030 | USD 2,131.1 million |
| Growth rate | 6.7% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 34.8% of the global power system simulator market in 2023.
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Power System Simulator Market Scope
Power System Simulator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| The MathWorks Inc. | View profile | 11-50 | Pozuelo De Alarcón, Madrid, Spain, Europe | https://es.mathworks.com/ |
| Siemens | View profile | 10001+ | Munich, Bayern, Germany, Europe | https://www.siemens.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Fuji Electric Co Ltd | View profile | 30123 | Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | http://www.fujielectric.co.jp |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
Global power system simulator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power system simulator market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global power system simulator market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Power System Simulator Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Global Power System Simulator Analysis Outlook (Revenue, USD Million, 2018-2030)
- Short Circuit
- Others
- Load Flow
- Transient
- Harmonic
- Global Power System Simulator End Use Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Power
- Others
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Our clientele includes a mix of power system simulator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global power system simulator market , including forecasts for subscribers. This global databook contains high-level insights into Global power system simulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global power system simulator market size, by regions, 2018-2030 (US$M)
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