Market Overview

Power System Simulator: Worldwide Market Analysis & Outlook 2017-2018 to 2026 - Growing Demand for Cloud & IoT Platforms is a Major Driver - ResearchAndMarkets.com

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The "Power
System Simulator - Global Market Outlook (2017-2026)"
report
has been added to ResearchAndMarkets.com's offering.

According to the report, the market accounted for $900.59 million in
2017 and is expected to reach $1,838.64 million by 2026 growing at a
CAGR of 8.2%.

Growing demand for Cloud and IoT platforms, growing number of power
sectors, huge investment in smart power technologies are some of the
factors driving the market. In addition, advancements of smart cities,
increasing smart manufacturing facilities in developing countries are
some of the major opportunities fuelling the market. However, sluggish
growth of oil & gas industries and lack of data security are inhibiting
the market growth.

The demand for power sector is witnessing huge growth and the growth is
attributed to rising huge investments in renewable energy, increasing
power generation capacities and increasing investments in emerging
countries. On the other hand, on-premise implementation has acquired
largest market share as these implementation model provides high quality
system uptime for servers which are owned at power utilities' buildings.

North America is dominating the power system simulator with huge
investments in smart grid systems. Asia Pacific is leading the market
and the factors fuelling the growth in this region are rapid
urbanization and huge population base with energy needs in China, India
and Japan.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Power System Simulator Market, By Implementation Model

6 Global Power System Simulator Market, By Module

7 Global Power System Simulator Market, By Offering

8 Global Power System Simulator Market, By Application

9 Global Power System Simulator Market, By End User

10 Global Power System Simulator Market, By Geography

11 Key Developments

12 Company Profiling

  • Neplan
  • Schneider Electric
  • ABB
  • GE
  • Siemens
  • Mathworks
  • Eaton
  • Powerworld
  • Rtds Technologies
  • Opal-RT
  • ETAP
  • OSI

For more information about this report visit https://www.researchandmarkets.com/research/tb4vv3/power_system?w=4

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