Global Power System Simulator Market Analysis 2022

Global Power System Simulator Market Analysis 2022

The Global Power System Simulator Market is expected to reach $1.60 billion by 2028 growing at a CAGR of 7.2% from 2021 to 2028. Power system simulator industry includes a simulation system involving power system modeling and network simulation which is used by power system engineers to simulate power plants, substations, and power transmission networks. It generally focuses on three major areas in power system analysis, namely, power flow calculation, economic dispatch calculation, and faults calculation. The simulators act as power system real-time simulator and analyze grid faults in real-time and countermeasures with increasing renewable power generation. Moreover, solar power system simulators are also installed for calculation, sizing, and control of photovoltaic installations connected to the grid. Similarly, a double power system simulator also offers real-time simulation with comprehensive accessories including communication devices, distribution accessories, and amplifiers.

Factors such as increasing adoption of IoT & cloud platforms, growing power sector, and rising smart manufacturing capabilities are driving the growth of the market. However, data security risks and stagnant growth of the oil & gas industry are restraining the growth of the market.

Based on module, the load flow segment is going to have a lucrative growth during the forecast period which can be attributed to the presence of various load flow techniques for power system simulator. It helps in continuous monitoring of the current state of the power system, so it is used daily in load dispatch/power system control centres. It is also used as a support during examining the effectiveness of the alternative plans for future system expansion when adding new generators or transmission lines if needed. Moreover, the upcoming power projects in economies such South Africa, Qatar, India, Indonesia, and Malaysia are anticipated to boost the demand for load flow modules.

The key vendors mentioned are ABB, Atos SE, DIgSILENT GmbH, Eaton, Electrocon International Inc, Energy Exemplar, ETAP, Fuji Electric, GE, Neplan AG, Opal-RT Technologies, Inc, Open Systems International, Inc, PowerWorld Corporation, RTDS Technologies Inc, Schneider Electric, Siemens, and The MathWorks, Inc.

Modules Covered:

  • Arc Flash
  • Device Coordination Selectivity
  • Harmonics
  • Load Flow
  • Motor Acceleration
  • Reliability Assessment
  • Sequence of Operation
  • Short Circuit
  • Transient Stability
Components Covered:
  • Hardware
  • Software
  • Services
End Users Covered:
  • Commercial
  • Institutional
  • Manufacturing
  • Metals and Mining
  • Oil & Gas
  • Power Generation
  • Transmission and Distribution
  • Transportation
Regions Covered:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Key Questions Answered in this Report:
  • How this market evolved since the year 2020
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period


1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Power System Simulator Market, By Module
5.1 Introduction
5.2 Arc Flash
5.3 Device Coordination Selectivity
5.4 Harmonics
5.5 Load Flow
5.6 Motor Acceleration
5.7 Reliability Assessment
5.8 Sequence of Operation
5.9 Short Circuit
5.10 Transient Stability
6 Global Power System Simulator Market, By Component
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
7 Global Power System Simulator Market, By End User
7.1 Introduction
7.2 Commercial
7.3 Institutional
7.4 Manufacturing
7.5 Metals and Mining
7.6 Oil & Gas
7.7 Power Generation
7.8 Transmission and Distribution
7.9 Transportation
8 Global Power System Simulator Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 ABB
10.2 Atos SE
10.3 DIgSILENT GmbH
10.4 Eaton
10.5 Electrocon International Inc
10.6 Energy Exemplar
10.7 ETAP
10.8 Fuji Electric
10.9 GE
10.10 Neplan AG
10.11 Opal-RT Technologies, Inc
10.12 Open Systems International, Inc
10.13 PowerWorld Corporation
10.14 RTDS Technologies Inc
10.15 Schneider Electric
10.16 Siemens
10.17 The MathWorks, Inc
List of Data Tables
Table 1 Global Power System Simulator Market Outlook, By Region (2020-2028) ($MN)
Table 2 Global Power System Simulator Market Outlook, By Module (2020-2028) ($MN)
Table 3 Global Power System Simulator Market Outlook, By Arc Flash (2020-2028) ($MN)
Table 4 Global Power System Simulator Market Outlook, By Device Coordination Selectivity (2020-2028) ($MN)
Table 5 Global Power System Simulator Market Outlook, By Harmonics (2020-2028) ($MN)
Table 6 Global Power System Simulator Market Outlook, By Load Flow (2020-2028) ($MN)
Table 7 Global Power System Simulator Market Outlook, By Motor Acceleration (2020-2028) ($MN)
Table 8 Global Power System Simulator Market Outlook, By Reliability Assessment (2020-2028) ($MN)
Table 9 Global Power System Simulator Market Outlook, By Sequence of Operation (2020-2028) ($MN)
Table 10 Global Power System Simulator Market Outlook, By Short Circuit (2020-2028) ($MN)
Table 11 Global Power System Simulator Market Outlook, By Transient Stability (2020-2028) ($MN)
Table 12 Global Power System Simulator Market Outlook, By Component (2020-2028) ($MN)
Table 13 Global Power System Simulator Market Outlook, By Hardware (2020-2028) ($MN)
Table 14 Global Power System Simulator Market Outlook, By Software (2020-2028) ($MN)
Table 15 Global Power System Simulator Market Outlook, By Services (2020-2028) ($MN)
Table 16 Global Power System Simulator Market Outlook, By End User (2020-2028) ($MN)
Table 17 Global Power System Simulator Market Outlook, By Commercial (2020-2028) ($MN)
Table 18 Global Power System Simulator Market Outlook, By Institutional (2020-2028) ($MN)
Table 19 Global Power System Simulator Market Outlook, By Manufacturing (2020-2028) ($MN)
Table 20 Global Power System Simulator Market Outlook, By Metals and Mining (2020-2028) ($MN)
Table 21 Global Power System Simulator Market Outlook, By Oil & Gas (2020-2028) ($MN)
Table 22 Global Power System Simulator Market Outlook, By Power Generation (2020-2028) ($MN)
Table 23 Global Power System Simulator Market Outlook, By Transmission and Distribution (2020-2028) ($MN)
Table 24 Global Power System Simulator Market Outlook, By Transportation (2020-2028) ($MN)
Table 25 North America Power System Simulator Market Outlook, By Module (2020-2028) ($MN)
Table 26 North America Power System Simulator Market Outlook, By Component (2020-2028) ($MN)
Table 27 North America Power System Simulator Market Outlook, By End User (2020-2028) ($MN)
Table 28 Europe Power System Simulator Market Outlook, By Module (2020-2028) ($MN)
Table 29 Europe Power System Simulator Market Outlook, By Component (2020-2028) ($MN)
Table 30 Europe Power System Simulator Market Outlook, By End User (2020-2028) ($MN)
Table 31 Asia Pacific Power System Simulator Market Outlook, By Module (2020-2028) ($MN)
Table 32 Asia Pacific Power System Simulator Market Outlook, By Component (2020-2028) ($MN)
Table 33 Asia Pacific Power System Simulator Market Outlook, By End User (2020-2028) ($MN)
Table 34 South America Power System Simulator Market Outlook, By Module (2020-2028) ($MN)
Table 35 South America Power System Simulator Market Outlook, By Component (2020-2028) ($MN)
Table 36 South America Power System Simulator Market Outlook, By End User (2020-2028) ($MN)
Table 37 Middle East & Africa Power System Simulator Market Outlook, By Module (2020-2028) ($MN)
Table 38 Middle East & Africa Power System Simulator Market Outlook, By Component (2020-2028) ($MN)
Table 39 Middle East & Africa Power System Simulator Market Outlook, By End User (2020-2028) ($MN)

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