Power System Simulator Market to Reflect Impressive Growth Rate of 8.2% by 2026 | Global Key Players (Neplan, Schneider Electric, ABB, GE, Siemens, Mathworks, Eaton, Powerworld, Rtds Technologies)

Marketprognosis.com Publish a New Market Research Report On “Power System Simulator - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Power System Simulator Market:

The Global Power System Simulator market is accounted for $900.59 Million in 2017 and is expected to reach $1838.64 Million by 2026 growing at a CAGR of 8.2%. Growing demand for Cloud and IoT platforms, growing number of power sectors, huge investment in smart power technologies are some of the factors driving the market. In addition, advancements of smart cities, increasing smart manufacturing facilities in developing countries are some of the major opportunities fuelling the market. However, sluggish growth of oil & gas industries and lack of data security are inhibiting the market growth.

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The demand for power sector is witnessing huge growth and the growth is attributed to rising huge investments in renewable energy, increasing power generation capacities and increasing investments in emerging countries. On the other hand, on-premise implementation has acquired largest market share as these implementation model provides high quality system uptime for servers which are owned at power utilities’ buildings.

Regionally, North America is dominating the power system simulator with huge investments in smart grid systems. Asia Pacific is leading the market and the factors fuelling the growth in this region are rapid urbanization and huge population base with energy needs in China, India and Japan.

Major Key Players:

1 Neplan

2 Schneider Electric

3 ABB

4 GE

5 Siemens

6 Mathworks

7 Eaton

8 Powerworld

9 Rtds Technologies and More…………..

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Market Segment by Implementation Models:

1 Cloud-based

2 On-premise

Market Segment by Modules:

1 Device Coordination Selectivity

2 Harmonics

3 Load Flow

4 Arc Flash

5 Short Circuit

6 Other Modules

Market Segment by Offerings:

1 Software

2 Services

3 Hardware

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2026?

3 What are the technologies & innovation trends, how will they evolve by 2026?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Power System Simulator Market.

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This release was published on openPR.