Power System State Estimator Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

State estimator is an important tool for online monitoring, analysis and control of power systems. It is used in all Energy Management Systems (EMS) to identify the present operating state of a system. State Estimation (SE) is mainly used to filter redundant data, to eliminate incorrect measurements and to produce reliable state estimates. It allows the determination of the power flows in parts of the power system which are not directly metered.

MARKET DYNAMICS

Power system state estimator help in the monitoring, supervising, and controlling of transmission and distribution networks. The growing and complex nature of transmission and distribution networks, the advent of smart grids, and government regulations favoring energy efficient systems are driving the market.

MARKET SCOPE

The ˜Global Power System State Estimator Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the power system state estimator market with detailed market segmentation by software type, solution method, and application. The global power system state estimator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading power system state estimator market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

1. By Software Type: The global market is segmented into Utility and Power Control Centers.
2. By Solution Methods: The global market is segmented into WLS, LAV, Kalman Filter, Bayesian, and Newton Gaussian.
3. By Application: The global market is segmented into Transmission and Distribution Network.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The power system state estimator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the power system state estimator market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the power system state estimator market in these regions.
IMPACT OF COVID 19
The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall market break down due to COVID-19 is also affecting the growth of market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.

MARKET PLAYERS

The report covers vital developments in the power system state estimator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the power system state estimator market are anticipated to have lucrative growth opportunities in the future with the rising demand for power system state estimator in the global market. Below mentioned is the list of a few companies engaged in the power system state estimator market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the power system state estimator market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

1. Alstom SA
2. CYME International Tand D Inc.
3. DIgSILENT GmbH
4. Energy Computer Systems (Spard)
5. Epfl (Simsen)
6. ETAP - Operation Technology, Inc.
7. GDF Suez - Tractebel Engineering S.A.
8. General Electric Company
9. KEPCO Inc.
10. NEPLAN AG

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Power System State Estimator Report Scope