North America Power System Simulator Market 2021-2031 by Component (Hardware, Software, Services), Product (HIL, PHIL), Module (Load Flow, Harmonics, Short Circuit, Arc Flash, Device Coordination Selectivity, Others), Application (Power, Industrial, Others), and Country: Trend Forecast and Growth Opportunity

July 2022 | 88 pages | ID: ND2509075C55EN
GMD Research

Abstracts

North America power system simulator market is projected to grow by 6.8% annually in the forecast period and reach $719.3 million by 2031, driven by the rising necessity for renewable sources of energy such as solar and wind energy, rising investments into power infrastructure, growing demand for cost saving and improved efficiency, and the surging adoption of IoT as well as cloud-based platforms.

Highlighted with 20 tables and 37 figures, this 88-page report “North America Power System Simulator Market 2021-2031 by Component (Hardware, Software, Services), Product (HIL, PHIL), Module (Load Flow, Harmonics, Short Circuit, Arc Flash, Device Coordination Selectivity, Others), Application (Power, Industrial, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America power system simulator market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America power system simulator market in every aspect of the classification from perspectives of by Component, Product, Module, Application, and Country.

Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Hardware
• Software
• Services

Based on Product, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Hardware in the Loop (HIL)
• Power Hardware in the Loop (PHIL)

By Module, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Load Flow
• Harmonics
• Short Circuit
• Arc Flash
• Device Coordination Selectivity
• Other Modules

By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

• Power
• Industrial
• Other Applications

Geographically, the following national/local markets are fully investigated:

• U.S.
• Canada
• Mexico

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component, Module, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

ABB Ltd.

Atos SE

Eaton Corporation plc

Energy Exemplar

ETAP

Fuji Electric Co., Ltd.

General Electric Company (GE)

Neplan AG

OPAL-RT Technologies, Inc.

Open Systems International, Inc. (OSI)

PowerWorld Corporation

RTDS Technologies Inc.

Schneider Electric SE

Siemens AG

The MathWorks, Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF NORTH AMERICA MARKET BY COMPONENT

3.1 Market Overview by Component
3.2 Hardware
3.3 Software
3.4 Services

4 SEGMENTATION OF NORTH AMERICA MARKET BY PRODUCT

4.1 Market Overview by Product
4.2 Hardware in the Loop (HIL)
4.3 Power Hardware in the Loop (PHIL)

5 SEGMENTATION OF NORTH AMERICA MARKET BY MODULE

5.1 Market Overview by Module
5.2 Load Flow
5.3 Harmonics
5.4 Short Circuit
5.5 Arc Flash
5.6 Device Coordination Selectivity
5.7 Other Modules

6 SEGMENTATION OF NORTH AMERICA MARKET BY APPLICATION

6.1 Market Overview by Application
6.2 Power
6.3 Industrial
6.4 Other Applications

7 NORTH AMERICA MARKET 2021-2031 BY COUNTRY

7.1 Overview of North America Market
7.2 U.S.
7.3 Canada
7.4 Mexico

8 COMPETITIVE LANDSCAPE

8.1 Overview of Key Vendors
8.2 New Product Launch, Partnership, Investment, and M&A
8.3 Company Profiles
ABB Ltd.
Atos SE
Eaton Corporation plc
Energy Exemplar
ETAP
Fuji Electric Co., Ltd.
General Electric Company (GE)
Neplan AG
OPAL-RT Technologies, Inc.
Open Systems International, Inc. (OSI)
PowerWorld Corporation
RTDS Technologies Inc.
Schneider Electric SE
Siemens AG
The MathWorks, Inc.
RELATED REPORTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of North America Power System Simulator Market in Balanced Perspective, 2021-2031
Table 2. World Economic Outlook, 2021-2031
Table 3. Main Product Trends and Market Opportunities in North America Power System Simulator Market
Table 4. North America Power System Simulator Market by Component, 2021-2031, $ mn
Table 5. North America Power System Simulator Market by Product, 2021-2031, $ mn
Table 6. North America Power System Simulator Market by Module, 2021-2031, $ mn
Table 7. North America Power System Simulator Market by Application, 2021-2031, $ mn
Table 8. North America Power System Simulator Market by Country, 2021-2031, $ mn
Table 9. U.S. Power System Simulator Market by Component, 2021-2031, $ mn
Table 10. U.S. Power System Simulator Market by Module, 2021-2031, $ mn
Table 11. U.S. Power System Simulator Market by Application, 2021-2031, $ mn
Table 12. Canada Power System Simulator Market by Component, 2021-2031, $ mn
Table 13. Canada Power System Simulator Market by Module, 2021-2031, $ mn
Table 14. Canada Power System Simulator Market by Application, 2021-2031, $ mn
Table 15. Mexico Power System Simulator Market by Component, 2021-2031, $ mn
Table 16. Mexico Power System Simulator Market by Module, 2021-2031, $ mn
Table 17. Mexico Power System Simulator Market by Application, 2021-2031, $ mn
Table 18. ABB Ltd.: Company Snapshot
Table 19. ABB Ltd.: Business Segmentation
Table 20. ABB Ltd.: Product Portfolio

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031
Figure 4. North America Power System Simulator Market, 2021-2031, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of North America Power System Simulator Market
Figure 7. Primary Restraints and Impact Factors of North America Power System Simulator Market
Figure 8. Investment Opportunity Analysis
Figure 9. Porter’s Fiver Forces Analysis of North America Power System Simulator Market
Figure 10. Breakdown of North America Power System Simulator Market by Component, 2021-2031, % of Revenue
Figure 11. North America Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%)
Figure 12. North America Power System Simulator Market by Component: Hardware, 2021-2031, $ mn
Figure 13. North America Power System Simulator Market by Component: Software, 2021-2031, $ mn
Figure 14. North America Power System Simulator Market by Component: Services, 2021-2031, $ mn
Figure 15. Breakdown of North America Power System Simulator Market by Product, 2021-2031, % of Sales Revenue
Figure 16. North America Addressable Market Cap in 2022-2031 by Product, Value ($ mn) and Share (%)
Figure 17. North America Power System Simulator Market by Product: Hardware in the Loop (HIL), 2021-2031, $ mn
Figure 18. North America Power System Simulator Market by Product: Power Hardware in the Loop (PHIL), 2021-2031, $ mn
Figure 19. Breakdown of North America Power System Simulator Market by Module, 2021-2031, % of Sales Revenue
Figure 20. North America Addressable Market Cap in 2022-2031 by Module, Value ($ mn) and Share (%)
Figure 21. North America Power System Simulator Market by Module: Load Flow, 2021-2031, $ mn
Figure 22. North America Power System Simulator Market by Module: Harmonics, 2021-2031, $ mn
Figure 23. North America Power System Simulator Market by Module: Short Circuit, 2021-2031, $ mn
Figure 24. North America Power System Simulator Market by Module: Arc Flash, 2021-2031, $ mn
Figure 25. North America Power System Simulator Market by Module: Device Coordination Selectivity, 2021-2031, $ mn
Figure 26. North America Power System Simulator Market by Module: Other Modules, 2021-2031, $ mn
Figure 27. Breakdown of North America Power System Simulator Market by Application, 2021-2031, % of Revenue
Figure 28. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%)
Figure 29. North America Power System Simulator Market by Application: Power, 2021-2031, $ mn
Figure 30. North America Power System Simulator Market by Application: Industrial, 2021-2031, $ mn
Figure 31. North America Power System Simulator Market by Application: Other Applications, 2021-2031, $ mn
Figure 32. Breakdown of North America Power System Simulator Market by Country, 2021 and 2031, % of Revenue
Figure 33. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 34. U.S. Power System Simulator Market, 2021-2031, $ mn
Figure 35. Canada Power System Simulator Market, 2021-2031, $ mn
Figure 36. Power System Simulator Market in Mexico, 2021-2031, $ mn
Figure 37. Growth Stage of North America Power System Simulator Industry over the Forecast Period