Europe Power System Analysis Software Market Forecast to 2028 -Regional Analysis by Deployment Model (Cloud and On-Premises), Application (Electric Power Generation, Electric Power Distribution, and Electric Power Transmission), Voltage Type (Low Voltage,

Europe Power System Analysis Software Market Forecast to 2028-Regional Analysis by Deployment Model (Cloud and On-Premises), Application (Electric Power Generation, Electric Power Distribution, and Electric Power Transmission), Voltage Type (Low Voltage, Medium Voltage, and High Voltage), and Industry Vertical (Oil and Gas, Manufacturing, Transportation, Mining, Renewables, Non-Renewables, and Others)


The Europe power system analysis software market is expected to grow from US$ 1,911.57 million in 2023 to US$ 3,240.21 million by 2028. It is estimated to grow at a CAGR of 11.1% from 2023 to 2028.

Rising Adoption of Smart Grid Technology Drive Europe Power System Analysis Software Market

The energy demand is increasing day by day with the rise in urbanization, living standards, disposable income, and adoption of advanced technologies. There is rise in consumption of electricity due to the increase in demand from the residential and business sector worldwide which creates complexity in power grids. With rise in complexity of power grids, there is a rise in need for sustainable, reliable, efficient, and secure power distribution and production. With the rise in electricity consumption and demand, its production and distribution are becoming challenging. To address this challenge, the power grids are made smarter, and this concept is called Smart Grid. Smart grid technology uses electricity networks to distribute, monitor, and manage the electricity from production sites to the end user. It is a smart integration of connected devices and units that gives robust electric supply to electric utility companies and end users. It runs on a smart control system, communication, and intelligent distribution of electric supply. In addition, the global initiative to use this technology is rising to address environmental concerns such as CO2 emission. Such initiatives will boost the demand and adoption of smart grid technology, further propelling the adaption of power system analysis software. Governments and industry players are introducing various technologies and additions to existing technologies to ease workflow and boost productivity of power system by introducing power system solutions. The growing population worldwide is remarkably impacting the demand for outputs from oil & gas, manufacturing, mining, and many other industries. To cater to this enormously increasing demand for outputs from these industries, industry players will adopt smart grid technology, propelling the Europe power system analysis software market growth.

Europe Power System Analysis Software Market Overview

Germany, France, the UK, and Italy are among the prime contributors to the European power system analysis software market. Europe is renowned for its improved living conditions, with higher income levels among residents. The rise in industrialization is one of the driving factors for the high demand for electricity, which will propel the growth of the Europe power system analysis software market. Digitization and shift to green production of power are shaping the future of industrialization in Europe, contributing to the adoption of power system analysis software for efficiently managing power and reducing CO2 emissions. The European Commission aims at boosting the Europe 2020 strategy with seven flagship initiatives. One of these is the Innovation Union, which promotes the smart growth of technologies. The primary objective is to improve the European Union (EU) framework for research and innovation. In addition, the rising government policies to boost the adoption of the cloud can propel the Europe power system analysis software market. According to the European Commission, cloud computing is considered a vital objective to boost Europe's digital and industrial market. The European Commission launched the European Alliance on Industrial Data, Edge and Cloud, which will be focused on integrating the cloud in various work streams to simplify industrial processes. Thus, such government policies and initiatives will create awareness regarding the adoption of the cloud for power system analysis software and contribute to the Europe power system analysis software market. Furthermore, major power system analysis software market players in the region, such as ABB, DIgSILENT GmbH, Siemens AG, Neplan, Schneider Electric, and RINA S.p.A., are engaged in providing their solutions across various industries such as power, oil & gas, and manufacturing, which contributes to the growth of the Europe power system analysis software market.

Europe Power System Analysis Software Market Revenue and Forecast to 2028 (US$ Million)

Europe Power System Analysis Software Market Segmentation

The Europe power system analysis software market is segmented into deployment model, application, voltage type, industry vertical, and country.

Based on deployment model, the Europe power system analysis software market is bifurcated into cloud and on-premises. In 2023, the on-premises segment registered a larger share in the Europe power system analysis software market.

Based on application, the Europe power system analysis software market is segmented into electric power generation, electric power distribution, and electric power transmission. In 2023, the electric power generation segment registered a largest share in the Europe power system analysis software market.

Based on voltage type, the Europe power system analysis software market is segmented into low voltage, medium voltage, and high voltage. In 2023, the low voltage segment registered a largest share in the Europe power system analysis software market.

Based on industry vertical, the Europe power system analysis software market is segmented into oil and gas, manufacturing, transportation, mining, renewables, non-renewables, and others. In 2023, the oil and gas segment registered a largest share in the Europe power system analysis software market.

Based on country, the Europe power system analysis software market is segmented into the UK, Germany, France, Russia, Italy, and the Rest of Europe. In 2023, the UK segment registered a largest share in the Europe power system analysis software market.

ABB Ltd; DIgSILENT GmbH; General Electric Co; Neplan AG; Operation Technology Inc; RINA SpA; Schneider Electric SE; Siemens AG; and Trimble Inc are the leading companies operating in the Europe power system analysis software market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe power system analysis software market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Europe power system analysis software market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the power system analysis software market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution


1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Power System Analysis Software Market – By Deployment Model
1.3.2 Europe Power System Analysis Software Market – By Application
1.3.3 Europe Power System Analysis Software Market – By Voltage Type
1.3.4 Europe Power System Analysis Software Market – By Industry Vertical
1.3.5 Europe Power System Analysis Software Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Power System Analysis Software Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Power System Analysis Software Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Cases of Power Outages
5.1.2 Rising Demand for Electricity
5.2 Market Restraints
5.2.1 High Upfront Investment and Security Challenges
5.3 Market Opportunities
5.3.1 Rising government initiatives for energy management
5.4 Future Trends
5.4.1 Rising Adoption of Smart Grid Technology
5.5 Impact Analysis of Drivers and Restraints
6. Power System Analysis Software Market – Europe Analysis
6.1 Europe Power System Analysis Software Market Overview
6.2 Europe Power System Analysis Software Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Power System Analysis Software Market Analysis – By Deployment Model
7.1 Overview
7.2 Europe Power System Analysis Software Market, By Deployment Model (2022 and 2028)
7.3 On Premises
7.3.1 Overview
7.3.2 On Premises: Europe Power System Analysis Software Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Cloud
7.4.1 Overview
7.4.2 Cloud: Europe Power System Analysis Software Market – Revenue, and Forecast to 2028 (US$ Million)
8. Europe Power System Analysis Software Market Analysis – By Application
8.1 Overview
8.2 Europe Power System Analysis Software Market, By Application (2022 and 2028)
8.3 Electric Power Generation
8.3.1 Overview
8.3.2 Electric Power Generation: Europe Power System Analysis Software Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Electric Power Distribution
8.4.1 Overview
8.4.2 Electric Power Distribution: Europe Power System Analysis Software Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Electric Power Transmission
8.5.1 Overview
8.5.2 Electric Power Transmission: Europe Power System Analysis Software Market- Revenue and Forecast to 2028 (US$ Million)
9. Europe Power System Analysis Software Market Analysis – By Voltage Type
9.1 Overview
9.2 Europe Power System Analysis Software Market Breakdown, By Voltage Type, 2022 & 2028
9.3 Low Voltage
9.3.1 Overview
9.3.2 Low Voltage Market Revenue and Forecast to 2028 (US$ Million)
9.4 Medium Voltage
9.4.1 Overview
9.4.2 Medium Voltage Market Revenue and Forecast to 2028 (US$ Million)
9.5 High Voltage
9.5.1 Overview
9.5.2 High Voltage Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Power System Analysis Software Market Analysis – By Industry Vertical
10.1 Overview
10.2 Europe Power System Analysis Software Market Breakdown, By Industry Vertical, 2022 & 2028
10.3 Oil & Gas
10.3.1 Overview
10.3.2 Oil & Gas Market Revenue and Forecast to 2028 (US$ Million)
10.4 Manufacturing
10.4.1 Overview
10.4.2 Manufacturing Market Revenue and Forecast to 2028 (US$ Million)
10.5 Mining
10.5.1 Overview
10.5.2 Mining Market Revenue and Forecast to 2028 (US$ Million)
10.6 Non-Renewables
10.6.1 Overview
10.6.2 Non-Renewables Market Revenue and Forecast to 2028 (US$ Million)
10.7 Transportation
10.7.1 Overview
10.7.2 Transportation Market Revenue and Forecast to 2028 (US$ Million)
10.8 Renewables
10.8.1 Overview
10.8.2 Renewables Market Revenue and Forecast to 2028 (US$ Million)
10.9 Others
10.9.1 Overview
10.9.2 Others Market Revenue and Forecast to 2028 (US$ Million)
11. Europe Power System Analysis Software Market – Country Analysis
11.1 Overview
11.1.1 Europe Power System Analysis Software Market Breakdown, by Country
11.1.1.1 UK Power System Analysis Software Market, Revenue and Forecast to 2028
11.1.1.1.1 UK Power System Analysis Software Market Breakdown, By Deployment Model
11.1.1.1.2 UK Power System Analysis Software Market Breakdown, By Application
11.1.1.1.3 UK Power System Analysis Software Market Breakdown, By Voltage Type
11.1.1.1.4 UK Power System Analysis Software Market Breakdown, By Industry Vertical
11.1.1.2 Germany Power System Analysis Software Market, Revenue and Forecast to 2028
11.1.1.2.1 Germany Power System Analysis Software Market Breakdown, By Deployment Model
11.1.1.2.2 Germany Power System Analysis Software Market Breakdown, By Application
11.1.1.2.3 Germany Power System Analysis Software Market Breakdown, By Voltage Type
11.1.1.2.4 Germany Power System Analysis Software Market Breakdown, By Industry Vertical
11.1.1.3 France Power System Analysis Software Market, Revenue and Forecast to 2028
11.1.1.3.1 France Power System Analysis Software Market Breakdown, By Deployment Model
11.1.1.3.2 France Power System Analysis Software Market Breakdown, By Application
11.1.1.3.3 France Power System Analysis Software Market Breakdown, By Voltage Type
11.1.1.3.4 France Power System Analysis Software Market Breakdown, By Industry Vertical
11.1.1.4 Russia Power System Analysis Software Market, Revenue and Forecast to 2028
11.1.1.4.1 Russia Power System Analysis Software Market Breakdown, By Deployment Model
11.1.1.4.2 Russia Power System Analysis Software Market Breakdown, By Application
11.1.1.4.3 Russia Power System Analysis Software Market Breakdown, By Voltage Type
11.1.1.4.4 Russia Power System Analysis Software Market Breakdown, By Industry Vertical
11.1.1.5 Italy Power System Analysis Software Market, Revenue and Forecast to 2028
11.1.1.5.1 Italy Power System Analysis Software Market Breakdown, By Deployment Model
11.1.1.5.2 Italy Power System Analysis Software Market Breakdown, By Application
11.1.1.5.3 Italy Power System Analysis Software Market Breakdown, By Voltage Type
11.1.1.5.4 Italy Power System Analysis Software Market Breakdown, By Industry Vertical
11.1.1.6 Rest of Europe Power System Analysis Software Market, Revenue and Forecast to 2028
11.1.1.6.1 Rest of Europe Power System Analysis Software Market Breakdown, By Deployment Model
11.1.1.6.2 Rest of Europe Power System Analysis Software Market Breakdown, By Application
11.1.1.6.3 Rest of Europe Power System Analysis Software Market Breakdown, By Voltage Type
11.1.1.6.4 Rest of Europe Power System Analysis Software Market Breakdown, By Industry Vertical
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Operation Technology Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Schneider Electric SE
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Trimble Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Neplan AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 ABB Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 DIgSILENT GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Siemens AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 General Electric Co
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 RINA SpA
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Power System Analysis Software Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Power System Analysis Software Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3. UK Power System Analysis Software Market, Revenue and Forecast to 2028 – By Deployment Model (US$ Million)
Table 4. UK Power System Analysis Software Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 5. UK Power System Analysis Software Market, Revenue and Forecast to 2028 – By Voltage Type (US$ Million)
Table 6. UK Power System Analysis Software Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Million)
Table 7. Germany Power System Analysis Software Market, Revenue and Forecast to 2028 – By Deployment Model (US$ Million)
Table 8. Germany Power System Analysis Software Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 9. Germany Power System Analysis Software Market, Revenue and Forecast to 2028 – By Voltage Type (US$ Million)
Table 10. Germany Power System Analysis Software Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Million)
Table 11. France Power System Analysis Software Market, Revenue and Forecast to 2028 – By Deployment Model (US$ Million)
Table 12. France Power System Analysis Software Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 13. France Power System Analysis Software Market, Revenue and Forecast to 2028 – By Voltage Type (US$ Million)
Table 14. France Power System Analysis Software Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Million)
Table 15. Russia Power System Analysis Software Market, Revenue and Forecast to 2028 – By Deployment Model (US$ Million)
Table 16. Russia Power System Analysis Software Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 17. Russia Power System Analysis Software Market, Revenue and Forecast to 2028 – By Voltage Type (US$ Million)
Table 18. Russia Power System Analysis Software Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Million)
Table 19. Italy Power System Analysis Software Market, Revenue and Forecast to 2028 – By Deployment Model (US$ Million)
Table 20. Italy Power System Analysis Software Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 21. Italy Power System Analysis Software Market, Revenue and Forecast to 2028 – By Voltage Type (US$ Million)
Table 22. Italy Power System Analysis Software Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Million)
Table 23. Rest of Europe Power System Analysis Software Market, Revenue and Forecast to 2028 – By Deployment Model (US$ Million)
Table 24. Rest of Europe Power System Analysis Software Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 25. Rest of Europe Power System Analysis Software Market, Revenue and Forecast to 2028 – By Voltage Type (US$ Million)
Table 26. Rest of Europe Power System Analysis Software Market, Revenue and Forecast to 2028 – By Industry Vertical (US$ Million)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Power System Analysis Software Market Segmentation
Figure 2. Europe Power System Analysis Software Market Segmentation – By Country
Figure 3. Europe Power System Analysis Software Market Overview
Figure 4. On Premises Segment held the Largest Share of Europe Power System Analysis Software Market
Figure 5. Electric Power Generation Segment held the Largest Share of Europe Power System Analysis Software Market
Figure 6. Low Voltage Segment held the Largest Share of Europe Power System Analysis Software Market
Figure 7. Oil and Gas Segment held the Largest Share of Europe Power System Analysis Software Market
Figure 8. UK to Show Great Traction During Forecast Period
Figure 9. Europe: PEST Analysis
Figure 10. Expert Opinion
Figure 11. Europe Power System Analysis Software Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Power System Analysis Software Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Power System Analysis Software Market Revenue Share, By Deployment Model (2022 and 2028)
Figure 14. On Premises: Europe Power System Analysis Software Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15. Cloud: Europe Power System Analysis Software Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Europe Power System Analysis Software Market Revenue Share, By Application (2022 and 2028)
Figure 17. Electric Power Generation: Europe Power System Analysis Software Market- Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electric Power Distribution: Europe Power System Analysis Software Market- Revenue and Forecast to 2028 (US$ Million)
Figure 19. Electric Power Transmission: Europe Power System Analysis Software Market- Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Power System Analysis Software Market Revenue Share, By Voltage Type (2022 and 2028)
Figure 21. Low Voltage Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Medium Voltage Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. High Voltage Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Power System Analysis Software Market Revenue Share, By Industry Vertical (2022 and 2028)
Figure 25. Oil & Gas Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Manufacturing Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Mining Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Non-Renewables Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Transportation Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Renewables Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Others Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe Power System Analysis Software Market – Revenue, (2022) (US$ Million)
Figure 33. Europe Power System Analysis Software Market Breakdown, by Country, 2022 & 2028 (%)
Figure 34. UK Power System Analysis Software Market, Revenue and Forecast to 2028 (US$ Million)
Figure 35. Germany Power System Analysis Software Market, Revenue and Forecast to 2028 (US$ Million)
Figure 36. France Power System Analysis Software Market, Revenue and Forecast to 2028 (US$ Million)
Figure 37. Russia Power System Analysis Software Market, Revenue and Forecast to 2028 (US$ Million)
Figure 38. Italy Power System Analysis Software Market, Revenue and Forecast to 2028 (US$ Million)
Figure 39. Rest of Europe Power System Analysis Software Market, Revenue and Forecast to 2028 (US$ Million)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings