North America Electrical Digital Twin Industry Sector to hit US$ 1,699.92 million by 2032 | Top 5 Companies - General Electric, Microsoft Corporation, Bentley Systems, Incorporated, Emerson Electric Co

North America Electrical Digital Twin Market Size reached US$ 565.65 million in 2024 and is expected to reach US$ 1,699.92 million by 2032, growing with a CAGR of 14.9% during the forecast period 2025-2032.

DataM Intelligence has published a new research report on "North America Electrical Digital Twin Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

The US DOE launched the AI for Interconnection (AI4IX) program with US$30 million to speed up connecting renewables like solar and wind to the grid. Currently, interconnections can take up to seven years, leaving a backlog of 2,600 GW of projects waiting.

According to Wood Mackenzie, the US is set to add 217 GW of distributed energy resources (DER) by 2028, with flexible EV charging and building automation driving half of this growth. This highlights the need for advanced grid management, where digital twins can optimize DER behavior for better demand response and stability.

The US DOE sees virtual power plants (VPPs) aggregating DERs to support the grid potentially reaching 30-60 GW, covering 10-20% of peak demand by 2030.

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Key Players:

General Electric, Microsoft Corporation, Bentley Systems, Incorporated, Emerson Electric Co., Ansys and others.

Key Development:

In March 2025, Schneider Electric, a leader in energy management and automation, partnered with ETAP, a specialist in power system design and operation, to launch an advanced digital twin for AI factories. Using NVIDIA Omniverse Blueprint, this digital twin integrates mechanical, thermal, networking, and electrical inputs to accurately simulate AI factory operations.

Earlier, in September 2023, Ansys enhanced its digital twin capabilities with fusion modeling, combining physics-based simulations with data-driven machine learning to create smarter and more precise digital twins.

Growth Forecast Projected:

The North America Electrical Digital Twin Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the North America Electrical Digital Twin Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Twin Type: Digital Gas & Stream -Power Plant, Digital Wind Farm, Digital Grid, Digital Hydropower Plant, Others

By Usage Type: Product Digital Twin, Process Digital Twin, System Digital Twin

By Deployment Mode: Cloud, On-premises

By Application: Asset Performance Management, Business & Operations Optimization, Fault Detection, Predictive Maintenance, Performance Optimization, Others

By End-User: Utilities, Grid Infrastructure Operators, Others,

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among North America Electrical Digital Twin producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze North America Electrical Digital Twin revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: How fast is the North America Electrical Digital Twin Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 14.9% from 2025 to 2032

Q2: Which regions are dominating the North America Electrical Digital Twin Market and which are fastest-growing?

A: North America dominating the North America Electrical Digital Twin market.

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