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Power System Analysis Software Market By Deployment Model (Cloud-based, On-premise), By Application (Distribution, Transmission) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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Published: | Report ID: 10967 | Report Format : PDF

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. The 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 give a boost the market demand. Increased government investments in electricity infrastructure will also give a boost to 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.

Market Synopsis

Cloud-based Segment to be the Fastest Growing Segment

The power system analysis software market by deployment type was led by the 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 the on-premise segment had its dominance in 2018. On the other flip, we presume that the cloud-based segment to be the fastest-growing segment throughout the forecast period. Low cost and 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’s growth. Hence, we assume that the cloud-based segment will be the fastest-growing segment during the forecast period.

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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 a 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 the Asia Pacific region is the fastest rising owing to rising government investments in electricity infrastructure and growing technological adoption in the region. Rapid urbanization in emerging economies such as China and India will also boost the market in the Asia Pacific. As a result, we project that Asia Pacific be the fastest growing during the estimated period.

Some of the prominent players operating in the power system analysis software market are 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 2018as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

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 the 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

The base Year 2018

Forecast Period  2019-2027

Historical Year  2017

Unit  USD Billion

Segmentation Deployment Model (2017–2027; US$ Bn)

  • Cloud-based
  • On-premise

Application (2017–2027; US$ Bn)

  • Distribution
  • Transmission

Geography Segment (2017–2027; US$ Bn)

  • North America (U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (Middle East & Africa, Latin America)

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Key questions answered in this report

  • What was the market size of power system analysis software in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for power system analysis software?
  • What are the major trends followed in overall power system analysis software across different regions?
  • Who are the key power system analysis software companies leading the market?
  • What are the key strategies adopted by the leading power system analysis software companies in the market?

Unique data points of this report

  • Recent trends across different regions in terms of the adoption of power system analysis software across various applications
  • Notable developments are going on in the power system analysis software market.
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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

List of Figures

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)

List of Tables

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)

Frequently Asked Question

What is the size of Power System Analysis Software Market?

The market for Power System Analysis Software Market is expected to reach USD$ 4.34 Bn in 2027.

What is the Power System Analysis Software Market CAGR?

The Power System Analysis Software Market is expected to see significant CAGR growth over the coming years, at 9.8%.

What is the Forecast period considered for Power System Analysis Software Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Power System Analysis Software Market?

The base year of this report is 2018.

Who are the major players in this market?

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,. are some of the major players in the global market.

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