Power System Analysis Software Market Analysis and Scope (2023 to 2028)
Power System Analysis Software Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 8.42 Billion |
Market Size by 2031 | US$ 22.00 Billion |
Global CAGR (2023 - 2031) | 12.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Deployment Model
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Power System Analysis Software Market News and Recent Developments
The power system analysis software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the power system analysis software market are listed below:
- Digsilent releases new service packs for Powerfactory. Digsilent released new service packs for PowerFactory 2023, 2022, and 2021. PowerFactory is the power system analysis software of DigSlLENT that covers all the features ranging from the standard ones to the highly sophisticated ones. The pack supports localization of the user interface to languages such as English, German, Spanish, Turkish, French, and Chinese. The company launched a preview version of PowerFactory 2023. (Source: Digsilent Company Website, January 2023)
- Solution providers working with IBM’s Power Systems are looking forward to at least three growth drivers for the family of server computers – SAP HANA, banking and industry optimization, and everything-as-a-service – with Power seeing double-digit growth through the ecosystem six out of the last eight quarters. (Source: IBM, Company Website, January 2024)
Power System Analysis Software Market Report Coverage and Deliverables
The “Power System Analysis Software Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Power system analysis software market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Power system analysis software market trends as well as market dynamics such as drivers, restraints, and key opportunities.
- Detailed PEST/Porter’s Five Forces and SWOT analysis.
- Power system analysis software market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the power system analysis software market.
- Detailed company profiles.