Some of the major players in the global power system analysis software market are ABB Ltd.3% from 2016 to 2024.About UsTransparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. In 2015, the on-premise segment was the larger, and accounted for around 82% of the revenue of the overall power system analysis software market.php?flag., Siemens AG, General Electric Company, Schneider Electric DMS NS, ETAP/Operation Technology, Inc., Pöyry, DIgSILENT GmbH, Eaton Corporation Plc, and Neplan AG. The market for power system analysis software is anticipated to expand at a CAGR of 12. China, India, Japan, Australia, and South Korea are among the major markets for power system analysis software in this region. Due to the ever-increasing demand for electricity, utility providers are seeking reliable solutions to optimize the efficiency of their power system analysis. Another significant factor boosting the power system analysis software market’s growth is the rising advancement in Big Data analytics and the Internet of Things (IoT). Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Furthermore, Asia Sell Pure Sine Wave 2000W with UPS Pacific is expected to witness the fastest growth during the forecast period.
Due to increasing global consumption, coupled with challenges in the production of electricity, utility providers are expected to increasingly shift toward power system analysis software in the coming years.Power system analysis software is used to analyze data gathered from smart power systems. The global power system analysis software market was valued at US 3,540. The most significant factor fuelling the market is the rising level of investment on smart grid systems. Geographically, North America is the largest market for power system analysis software market, globally., PowerWorld Corporation, Open Systems International, Inc.USA – Canada Toll Free: 866-552-3453. In terms of application, the power system analysis software market is segmented into distribution and transmission..4 Mn in 2015.Download PDF Research Paper atsample. Thus, with the increasing penetration and advancements of these solutions, the market for power system analytics software is predicted to witness strong growth in the coming years.
Rising demand for electric power and growing smart power technologies have led to increased demand for power systems analysis software., Electrocon International Inc., Unicorn Systems, Energy Exemplar, Electricity Coordinating Center Ltd. The most significant driver of the market for on-premise software is their better system uptime, as the servers are owned and maintained at the power utilities’ buildings. The most significant factor boosting the growth of the power system analytics software market is rising investment on smart power technologies, globally., Nexant Inc. On the basis of implementation, the global power system analysis software market is segmented into on-premise and cloud-based models. Utility providers are the primary consumers of this software.. Moreover, it is also expected to expand at the highest CAGR in terms of revenue during the forecast period from 2016 to 2024. In 2015, the distribution segment held the larger revenue share of around 62%. The global market is also driven by advancements in Big Data analytics and the Internet of Things (IoT). TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Moreover, this segment is expected to expand at a CAGR of 12
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