Market Overview:
The global electric power system analysis software market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electricity, rising concerns over grid security, and growing investments in smart grids. Based on type, the global electric power system analysis software market can be segmented into on-premise, cloud-based, and electric power system analysis software. The on-premise type is further subsegmented into licensed and open source types. Cloud-based type is further subsegmented into public cloud and private cloud types. Electric power system analysis software is a type of software that helps users analyze data related to the functioning of an electric power grid or network.
Product Definition:
Electric Power System Analysis Software is used to analyze and model the performance of electric power systems. It can help identify problems and potential improvements in system performance.
On-premise:
On-premise software is a type of software that is installed and used on the end user's own computers or servers. The advantage of this type of system over the cloud-based system is that data cannot be lost because all information, includinguser credentials, are stored internally on the end user’s premises. This eliminates any risk associated with loss of data due to hardware or software failure in case of cloud systems.
Cloud-based:
Cloud-based is a term used to define software solutions that are hosted on the vendor’s server and can be accessed from any location. The data required by the user is stored in the cloud and can be retrieved when needed.
Application Insights:
Electric power distribution was the largest application segment in 2017, accounting for over 40% of the global revenue share. The growth can be attributed to an increase in demand for EPD software across various industries such as energy, retail and telecom among others. Electric power distribution is a vital component of any electric utility and its operations. Distribution utilities are responsible for planning and operating an efficient electric grid that transports electricity from generating stations to end-users or consumers at their premises.
The transmission segment accounted for over 11% of the overall market revenue share in 2017 owing to increasing demand across different applications such as industrial automation, healthcare information technology & telemedicine, transportation IT infrastructure supporting autonomous driving vehicles etcetera. Transmission system operators (TSO) control large infrastructural components including transformers & switchgears that are used to transmit electrical energy from one voltage level to another along a transmission line between generating stations or load centers within a TSO's area of responsibility (AOR).
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period, with a CAGR of XX% owing to increasing demand for power system analysis software in U.S. and Canada coupled with growing need for real-time power system monitoring & control solutions across various industrial facilities and commercial sectors such as manufacturing, transportation, communication etc. Furthermore, presence of major players such as General Electric; Siemens; ABB Ltd.; Alstom Grid; Cummins Inc.; Emerson Electric Co.; Johnson Controls Inc.; Mitsubishi Heavy Industries Ltd.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising investments from governments & private sector companies toward development & modernization of distribution grid infrastructure along with growing adoption across emerging economies including China.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid deployment of smart grids and renewable energy sources
- Stringent government regulations for power sector operations
- Emergence of big data analytics and cloud-based solutions
- Growing need for real-time monitoring and control of electric power systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Power System Analysis Software Market Research Report
By Type
On-premise, Cloud-based, Electric Power System Analysis Softwar
By Application
Electric Power Distribution, Electric Power Transmission, Electric Power Trading, Electric Power Generation, Other
By Companies
ETAP/Operation Technology, Eaton Corporation, ABB, Siemens, DIgSILENT, General Electric, Schneider Electric, Energy Exemplar, Power Cost Inc, PowerWorld, Neplan AG, Atos SE, Artelys SA, PSI AG, OATI, Allegro, Unicorn Systems, Electricity Coordinating Center, Open Systems International, Nexant, Electrocon International, Poyry, Electric Power System Analysis Softwar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Electric Power System Analysis Software Market Report Segments:
The global Electric Power System Analysis Software market is segmented on the basis of:
Types
On-premise, Cloud-based, Electric Power System Analysis Softwar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric Power Distribution, Electric Power Transmission, Electric Power Trading, Electric Power Generation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ETAP/Operation Technology
- Eaton Corporation
- ABB
- Siemens
- DIgSILENT
- General Electric
- Schneider Electric
- Energy Exemplar
- Power Cost Inc
- PowerWorld
- Neplan AG
- Atos SE
- Artelys SA
- PSI AG
- OATI
- Allegro
- Unicorn Systems
- Electricity Coordinating Center
- Open Systems International
- Nexant
- Electrocon International
- Poyry
- Electric Power System Analysis Softwar
Highlights of The Electric Power System Analysis Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- Electric Power System Analysis Softwar
- By Application:
- Electric Power Distribution
- Electric Power Transmission
- Electric Power Trading
- Electric Power Generation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Power System Analysis Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric power system analysis software is a computer program that helps engineers and planners understand how an electric power system works. It can help identify problems, optimize the system, and make recommendations for improving its performance.
Some of the key players operating in the electric power system analysis software market are ETAP/Operation Technology, Eaton Corporation, ABB, Siemens, DIgSILENT, General Electric, Schneider Electric, Energy Exemplar, Power Cost Inc, PowerWorld, Neplan AG, Atos SE, Artelys SA, PSI AG, OATI, Allegro, Unicorn Systems, Electricity Coordinating Center, Open Systems International, Nexant, Electrocon International, Poyry, Electric Power System Analysis Softwar.
The electric power system analysis software market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Power System Analysis Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Power System Analysis Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Power System Analysis Software Market - Supply Chain
4.5. Global Electric Power System Analysis Software Market Forecast
4.5.1. Electric Power System Analysis Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Power System Analysis Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Power System Analysis Software Market Absolute $ Opportunity
5. Global Electric Power System Analysis Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Power System Analysis Software Market Size and Volume Forecast by Type
5.3.1. On-premise
5.3.2. Cloud-based
5.3.3. Electric Power System Analysis Softwar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Power System Analysis Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Power System Analysis Software Market Size and Volume Forecast by Application
6.3.1. Electric Power Distribution
6.3.2. Electric Power Transmission
6.3.3. Electric Power Trading
6.3.4. Electric Power Generation
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Power System Analysis Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Power System Analysis Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Power System Analysis Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Power System Analysis Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Power System Analysis Software Demand Share Forecast, 2019-2026
9. North America Electric Power System Analysis Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Power System Analysis Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Power System Analysis Software Market Size and Volume Forecast by Application
9.4.1. Electric Power Distribution
9.4.2. Electric Power Transmission
9.4.3. Electric Power Trading
9.4.4. Electric Power Generation
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Power System Analysis Software Market Size and Volume Forecast by Type
9.7.1. On-premise
9.7.2. Cloud-based
9.7.3. Electric Power System Analysis Softwar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Power System Analysis Software Demand Share Forecast, 2019-2026
10. Latin America Electric Power System Analysis Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Power System Analysis Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Power System Analysis Software Market Size and Volume Forecast by Application
10.4.1. Electric Power Distribution
10.4.2. Electric Power Transmission
10.4.3. Electric Power Trading
10.4.4. Electric Power Generation
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Power System Analysis Software Market Size and Volume Forecast by Type
10.7.1. On-premise
10.7.2. Cloud-based
10.7.3. Electric Power System Analysis Softwar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Power System Analysis Software Demand Share Forecast, 2019-2026
11. Europe Electric Power System Analysis Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Power System Analysis Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Power System Analysis Software Market Size and Volume Forecast by Application
11.4.1. Electric Power Distribution
11.4.2. Electric Power Transmission
11.4.3. Electric Power Trading
11.4.4. Electric Power Generation
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe ElectricPower System Analysis Software Market Size and Volume Forecast by Type
11.7.1. On-premise
11.7.2. Cloud-based
11.7.3. Electric Power System Analysis Softwar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Power System Analysis Software Demand Share, 2019-2026
12. Asia Pacific Electric Power System Analysis Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Power System Analysis Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Power System Analysis Software Market Size and Volume Forecast by Application
12.4.1. Electric Power Distribution
12.4.2. Electric Power Transmission
12.4.3. Electric Power Trading
12.4.4. Electric Power Generation
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Power System Analysis Software Market Size and Volume Forecast by Type
12.7.1. On-premise
12.7.2. Cloud-based
12.7.3. Electric Power System Analysis Softwar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Power System Analysis Software Demand Share, 2019-2026
13. Middle East & Africa Electric Power System Analysis Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Power System Analysis Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Power System Analysis Software Market Size and Volume Forecast by Application
13.4.1. Electric Power Distribution
13.4.2. Electric Power Transmission
13.4.3. Electric Power Trading
13.4.4. Electric Power Generation
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Power System Analysis Software Market Size and Volume Forecast by Type
13.7.1. On-premise
13.7.2. Cloud-based
13.7.3. Electric Power System Analysis Softwar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Power System Analysis Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Power System Analysis Software Market: Market Share Analysis
14.2. Electric Power System Analysis Software Distributors and Customers
14.3. Electric Power System Analysis Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ETAP/Operation Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ABB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DIgSILENT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. General Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schneider Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Energy Exemplar
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Power Cost Inc
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PowerWorld
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Neplan AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Atos SE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Artelys SA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. PSI AG
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. OATI
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Allegro
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Unicorn Systems
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Electricity Coordinating Center
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Open Systems International
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Nexant
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
