Press release
Power System Analysis Software Market Optimize their Efficiency & Minimize Losses Occurring in Electricity Generation
The deployment of this software enables utility providers to optimize their efficiency and minimize losses occurring in electricity generation and distribution.
Data is generated from smart components such as meters, automated distribution systems, and sensing and measurement devices; this is then transmitted to the utility station for further predictive analysis.
Through such predictive analysis, utility providers seek to cater to the ever-increasing demand for electricity more efficiently and with optimum returns on investment (ROI).
This is one of the most important drivers for the growing deployment of power system analysis software around the world.
This research study on the global power system analysis software market provides a detailed analysis of how this software is deployed in distribution and transmission networks.
The report offers an in-depth study of the market drivers, restraints, and growth opportunities. Using these factors, the report identifies various trends expected to impact the market during the forecast period from 2016 to 2024.
Register here for exclusive sample of this report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7502
It includes a comprehensive coverage of the underlying economic, environmental, and technological factors influencing the power system analysis software market.
It provides the competitive landscape of key players in the power system analysis software market in order to highlight the state of competition therein.
The report also provides a detailed competitive analysis of the key players in the power system analysis software market and identifies the various business strategies adopted by them.
The study explains the penetration of each market segment within various geographies, and how these segments have accelerated the growth of the market as a whole.
The market for power system analytics software is segmented based on implementation models and applications. On the basis of the implementation model, the market is segmented into on-premise and cloud-based software.
Based on the applications, the market is segmented into distribution and transmission. Geographically, the global market for power system analysis software has been segmented into five regions: North America, Europe, Asia Pacific, Middle East and Africa (MEA), and Latin America.
The market size and forecast for each region has been provided for the period from 2014 to 2024 along with the CAGR (%) for the forecast period from 2016 to 2024. The study also includes qualitative analysis of the competitive scenario for major countries/regions in these geographical segments.
About TMR
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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