Growing Infrastructure Development to boost the demand for Power System Analysis Software Market
The power system analysis software market worldwide is expected to grow with a CAGR of 9.8% throughout the prediction period from 2019 to 2027, starting from US$ 4.34 Bn in 2018. Rising need for energy generation and increasing penetration of big data analytics are the major reasons driving the market growth. Growing demand for sustainable energy will also gave boost to the market demand. Increased government investments for electricity infrastructure will also give boost to the market growth. Technical advancements in IOT will also surge the market demand. Consequently, we assume that the market will show significant growth during the forecast period.
Cloud-based Segment to be the Fastest Growing Segment
The power system analysis software market by deployment type was led by on-premise segment in 2018. The on-premise segment had nearly 2/3rd of the market share in the same year. Offering improved system uptime and rising data centers are some of the factors due to which on-premise segment has its dominance in 2018. On the other flip, we presume that cloud-based segment to be the fastest growing segment throughout the forecast period. Low cost, easy availability are some of the benefits driving the demand for the segment. Increased internet penetration worldwide will be another major factor for the segment growth. Hence, we assume that cloud-based segment will be the fastest growing segment during the forecast period.
Asia Pacific to be the Fastest Growing
In 2018, North America dominated the power system analysis software market. North America contributed to around 1/3rd of the global market revenue share in the same year. North America enjoys strong market position due to robust investments in smart grid systems and rising electricity infrastructure in the region. On the other hand, we assume that Asia Pacific region to be the fastest rising owing to rising government investments for electricity infrastructure and growing technological adoption in the region. Rapid urbanization in the emerging economies such as China and India will also boost the market in Asia Pacific. As a result, we project that Asia Pacific be the fastest growing during the estimate period.
Some of the prominent players operating in the power system analysis software market ABB Ltd., General Electric Company, ETAP/Operation Technology Inc., PSI AG, Unicorn Systems, Electricity Coordinating Center Ltd., Open Systems International Inc., Electrocon International Inc., Eaton Corporation plc, Siemens AG, Schneider Electric DMS NS, Atos SE, Artleys SA, Energy Exemplar, PowerWorld Corporation, Nexant Inc., Pöyry, Neplan AG, and DIgSILENT GmbH among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
The power system analysis software market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global power system analysis software market based on deployment model, application and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Deployment Model (2017–2027; US$ Bn) |
Application (2017–2027; US$ Bn) |
|
Geography Segment (2017–2027; US$ Bn) |
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Power System Analysis Software (PSAS) Market
2.2. Global PSAS Market, by Deployment Model, 2018 (US$ Bn)
2.3. Global PSAS Market, by Application, 2018 (US$ Bn)
2.4. Global PSAS Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global PSAS Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Power System Analysis Software (PSAS) Market, by Deployment Model , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Cloud-based
4.3. On-premise
5. Global Power System Analysis Software (PSAS) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Distribution
5.3. Transmission
6. North America Power System Analysis Software (PSAS) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America PSAS Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America PSAS Market Value, By Deployment Model, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America PSAS Market Value, By Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America PSAS Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America
7. Europe Power System Analysis Software (PSAS) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe PSAS Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe PSAS Market Value, By Deployment Model, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe PSAS Market Value, By Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe PSAS Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe
8. Asia Pacific Power System Analysis Software (PSAS) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific PSAS Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific PSAS Market Value, By Deployment Model, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific PSAS Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific PSAS Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific
9. Rest of the World Power System Analysis Software (PSAS) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World PSAS Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World PSAS Market Value, By Deployment Model, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World PSAS Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World PSAS Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America
10. Company Profiles
10.1. ABB Ltd.
10.2. General Electric Company
10.3. ETAP/Operation Technology Inc.
10.4. PSI AG
10.5. Unicorn Systems
10.6. Electricity Coordinating Center Ltd.
10.7. Open Systems International Inc.
10.8. Electrocon International Inc.
10.9. Eaton Corporation plc
10.10. Siemens AG
10.11. Schneider Electric DMS NS
10.12. Atos SE
10.13. Artleys SA
10.14. Energy Exemplar
10.15. PowerWorld Corporation
10.16. Nexant Inc.
10.17. Pöyry
10.18. Neplan AG
10.19. DIgSILENT GmbH
* Here we are using PSAS as a short form of Power System Analysis Software
TABLE 1 Market Snapshot: Global Power System Analysis Software (PSAS) Market
TABLE 2 Global PSAS Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 3 Global PSAS Market, by Application, 2017–2027 (US$ Bn)
TABLE 4 Global PSAS Market, by Geography, 2017–2027 (US$ Bn)
TABLE 5 North America PSAS Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 6 North America PSAS Market, by Application, 2017–2027 (US$ Bn)
TABLE 7 North America PSAS Market, by Country, 2017–2027 (US$ Bn)
TABLE 8 Europe PSAS Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 9 Europe PSAS Market, by Application, 2017–2027 (US$ Bn)
TABLE 10 Europe PSAS Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 11 Asia Pacific PSAS Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 12 Asia Pacific PSAS Market, by Application, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific PSAS Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 14 RoW PSAS Market, by Deployment Model, 2017–2027 (US$ Bn)
TABLE 15 RoW PSAS Market, by Application, 2017–2027 (US$ Bn)
TABLE 16 RoW PSAS Market, by Country/Region, 2017–2027 (US$ Bn)
FIG. 1 Global Power System Analysis Software (PSAS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global PSAS Market Segmentation
FIG. 4 Global PSAS Market, by Deployment Model, 2018 (US$ Bn)
FIG. 5 Global PSAS Market, by Application, 2018 (US$ Bn)
FIG. 6 Global PSAS Market, by Geography, 2018 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key PSAS Market Manufacturers, 2018
FIG. 9 Global PSAS Market, by Cloud-based, Value, 2017–2027 (US$ Bn)
FIG. 10 Global PSAS Market, by On-premise, Value, 2017–2027 (US$ Bn)
FIG. 11 Global PSAS Market, by Distribution, 2017–2027 (US$ Bn)
FIG. 12 Global PSAS Market, by Transmission, Value, 2017–2027 (US$ Bn)
FIG. 13 U.S. PSAS Market, 2017–2027 (US$ Bn)
FIG. 14 Canada PSAS Market, 2017–2027 (US$ Bn)
FIG. 15 U.K. PSAS Market, 2017–2027 (US$ Bn)
FIG. 16 Germany PSAS Market, 2017–2027 (US$ Bn)
FIG. 17 France PSAS Market, 2017–2027 (US$ Bn)
FIG. 18 Italy PSAS Market, 2017–2027 (US$ Bn)
FIG. 19 Rest of Europe PSAS Market, 2017–2027 (US$ Bn)
FIG. 20 Japan PSAS Market, 2017–2027 (US$ Bn)
FIG. 21 China PSAS Market, 2017–2027 (US$ Bn)
FIG. 22 India PSAS Market, 2017–2027 (US$ Bn)
FIG. 23 Rest of Asia Pacific PSAS Market, 2017–2027 (US$ Bn)
FIG. 24 Middle East & Africa PSAS Market, 2017–2027 (US$ Bn)
FIG. 25 Latin America PSAS Market, 2017–2027 (US$ Bn)