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Global Microgrid Modeling Software Supply, Demand and Key Producers, 2023-2029

November 2023 | 96 pages | ID: GFC8D2E7FAE5EN
GlobalInfoResearch

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The global Microgrid Modeling Software market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Microgrid modeling software, also known as microgrid simulation or design software, is a specialized tool used to create detailed models and simulations of microgrids. These software applications enable engineers, planners, and operators to design, analyze, and optimize the performance of microgrid systems.

Key features and capabilities of microgrid modeling software include:

Design and Configuration: Microgrid modeling software allows users to design the physical layout of a microgrid, including the arrangement of distributed energy resources (DERs), energy storage, and other components.

Load Profiling: It enables the input of various load profiles, helping users understand the energy requirements of the microgrid and optimize its operation to meet demand.

Resource Integration: Users can model the integration of renewable energy sources, such as solar panels and wind turbines, and assess how these resources contribute to the microgrid's energy generation.

Grid Interaction: Users can simulate the interaction between the microgrid and the main grid, allowing for testing of islanding and grid-connection scenarios.

It enables the creation of different scenarios, such as peak demand, grid outages, or changes in energy costs, to evaluate how the microgrid responds in various situations. Some software includes optimization algorithms to find the most cost-effective and efficient configurations for the microgrid.Microgrid modeling software is used in the planning and design phase of microgrid projects to ensure that the system is appropriately sized and configured for the intended application.

Modeling software helps determine the size and operation of energy storage systems, such as batteries, and how they can enhance microgrid resilience and stability. By creating detailed simulations and optimizing microgrid configurations, this software helps organizations make informed decisions about the implementation and management of microgrid systems, whether for backup power, energy cost reduction, or grid resiliency.

This report studies the global Microgrid Modeling Software demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Microgrid Modeling Software, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Microgrid Modeling Software that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Microgrid Modeling Software total market, 2018-2029, (USD Million)

Global Microgrid Modeling Software total market by region & country, CAGR, 2018-2029, (USD Million)

U.S. VS China: Microgrid Modeling Software total market, key domestic companies and share, (USD Million)

Global Microgrid Modeling Software revenue by player and market share 2018-2023, (USD Million)

Global Microgrid Modeling Software total market by Type, CAGR, 2018-2029, (USD Million)

Global Microgrid Modeling Software total market by Application, CAGR, 2018-2029, (USD Million).

This reports profiles major players in the global Microgrid Modeling Software market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include HOMER Energy, Eaton, Siemens, Energy Toolbase, DIgSILENT, Powersim and Operation Technology ETAP, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Microgrid Modeling Software market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Microgrid Modeling Software Market, By Region:
  • United States
  • China
  • Europe
  • Japan
  • South Korea
  • ASEAN
  • India
  • Rest of World
Global Microgrid Modeling Software Market, Segmentation by Type
  • On-Premise
  • Cloud-based
Global Microgrid Modeling Software Market, Segmentation by Application
  • Grid-Connected Microgrid
  • Off-Grid Microgrid
  • Hybrid Microgrid
Companies Profiled:
  • HOMER Energy
  • Eaton
  • Siemens
  • Energy Toolbase
  • DIgSILENT
  • Powersim
  • Operation Technology ETAP
Key Questions Answered

1. How big is the global Microgrid Modeling Software market?

2. What is the demand of the global Microgrid Modeling Software market?

3. What is the year over year growth of the global Microgrid Modeling Software market?

4. What is the total value of the global Microgrid Modeling Software market?

5. Who are the major players in the global Microgrid Modeling Software market?
1 SUPPLY SUMMARY

1.1 Microgrid Modeling Software Introduction
1.2 World Microgrid Modeling Software Market Size & Forecast (2018 & 2022 & 2029)
1.3 World Microgrid Modeling Software Total Market by Region (by Headquarter Location)
  1.3.1 World Microgrid Modeling Software Market Size by Region (2018-2029), (by Headquarter Location)
  1.3.2 United States Microgrid Modeling Software Market Size (2018-2029)
  1.3.3 China Microgrid Modeling Software Market Size (2018-2029)
  1.3.4 Europe Microgrid Modeling Software Market Size (2018-2029)
  1.3.5 Japan Microgrid Modeling Software Market Size (2018-2029)
  1.3.6 South Korea Microgrid Modeling Software Market Size (2018-2029)
  1.3.7 ASEAN Microgrid Modeling Software Market Size (2018-2029)
  1.3.8 India Microgrid Modeling Software Market Size (2018-2029)
1.4 Market Drivers, Restraints and Trends
  1.4.1 Microgrid Modeling Software Market Drivers
  1.4.2 Factors Affecting Demand
  1.4.3 Microgrid Modeling Software Major Market Trends

2 DEMAND SUMMARY

2.1 World Microgrid Modeling Software Consumption Value (2018-2029)
2.2 World Microgrid Modeling Software Consumption Value by Region
  2.2.1 World Microgrid Modeling Software Consumption Value by Region (2018-2023)
  2.2.2 World Microgrid Modeling Software Consumption Value Forecast by Region (2024-2029)
2.3 United States Microgrid Modeling Software Consumption Value (2018-2029)
2.4 China Microgrid Modeling Software Consumption Value (2018-2029)
2.5 Europe Microgrid Modeling Software Consumption Value (2018-2029)
2.6 Japan Microgrid Modeling Software Consumption Value (2018-2029)
2.7 South Korea Microgrid Modeling Software Consumption Value (2018-2029)
2.8 ASEAN Microgrid Modeling Software Consumption Value (2018-2029)
2.9 India Microgrid Modeling Software Consumption Value (2018-2029)

3 WORLD MICROGRID MODELING SOFTWARE COMPANIES COMPETITIVE ANALYSIS

3.1 World Microgrid Modeling Software Revenue by Player (2018-2023)
3.2 Industry Rank and Concentration Rate (CR)
  3.2.1 Global Microgrid Modeling Software Industry Rank of Major Players
  3.2.2 Global Concentration Ratios (CR4) for Microgrid Modeling Software in 2022
  3.2.3 Global Concentration Ratios (CR8) for Microgrid Modeling Software in 2022
3.3 Microgrid Modeling Software Company Evaluation Quadrant
3.4 Microgrid Modeling Software Market: Overall Company Footprint Analysis
  3.4.1 Microgrid Modeling Software Market: Region Footprint
  3.4.2 Microgrid Modeling Software Market: Company Product Type Footprint
  3.4.3 Microgrid Modeling Software Market: Company Product Application Footprint
3.5 Competitive Environment
  3.5.1 Historical Structure of the Industry
  3.5.2 Barriers of Market Entry
  3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity

4 UNITED STATES VS CHINA VS REST OF THE WORLD (BY HEADQUARTER LOCATION)

4.1 United States VS China: Microgrid Modeling Software Revenue Comparison (by Headquarter Location)
  4.1.1 United States VS China: Microgrid Modeling Software Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
  4.1.2 United States VS China: Microgrid Modeling Software Revenue Market Share Comparison (2018 & 2022 & 2029)
4.2 United States Based Companies VS China Based Companies: Microgrid Modeling Software Consumption Value Comparison
  4.2.1 United States VS China: Microgrid Modeling Software Consumption Value Comparison (2018 & 2022 & 2029)
  4.2.2 United States VS China: Microgrid Modeling Software Consumption Value Market Share Comparison (2018 & 2022 & 2029)
4.3 United States Based Microgrid Modeling Software Companies and Market Share, 2018-2023
  4.3.1 United States Based Microgrid Modeling Software Companies, Headquarters (States, Country)
  4.3.2 United States Based Companies Microgrid Modeling Software Revenue, (2018-2023)
4.4 China Based Companies Microgrid Modeling Software Revenue and Market Share, 2018-2023
  4.4.1 China Based Microgrid Modeling Software Companies, Company Headquarters (Province, Country)
  4.4.2 China Based Companies Microgrid Modeling Software Revenue, (2018-2023)
4.5 Rest of World Based Microgrid Modeling Software Companies and Market Share, 2018-2023
  4.5.1 Rest of World Based Microgrid Modeling Software Companies, Headquarters (States, Country)
  4.5.2 Rest of World Based Companies Microgrid Modeling Software Revenue, (2018-2023)

5 MARKET ANALYSIS BY TYPE

5.1 World Microgrid Modeling Software Market Size Overview by Type: 2018 VS 2022 VS 2029
5.2 Segment Introduction by Type
  5.2.1 On-Premise
  5.2.2 Cloud-based
5.3 Market Segment by Type
  5.3.1 World Microgrid Modeling Software Market Size by Type (2018-2023)
  5.3.2 World Microgrid Modeling Software Market Size by Type (2024-2029)
  5.3.3 World Microgrid Modeling Software Market Size Market Share by Type (2018-2029)

6 MARKET ANALYSIS BY APPLICATION

6.1 World Microgrid Modeling Software Market Size Overview by Application: 2018 VS 2022 VS 2029
6.2 Segment Introduction by Application
  6.2.1 Grid-Connected Microgrid
  6.2.2 Off-Grid Microgrid
  6.2.3 Hybrid Microgrid
6.3 Market Segment by Application
  6.3.1 World Microgrid Modeling Software Market Size by Application (2018-2023)
  6.3.2 World Microgrid Modeling Software Market Size by Application (2024-2029)
  6.3.3 World Microgrid Modeling Software Market Size by Application (2018-2029)

7 COMPANY PROFILES

7.1 HOMER Energy
  7.1.1 HOMER Energy Details
  7.1.2 HOMER Energy Major Business
  7.1.3 HOMER Energy Microgrid Modeling Software Product and Services
  7.1.4 HOMER Energy Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.1.5 HOMER Energy Recent Developments/Updates
  7.1.6 HOMER Energy Competitive Strengths & Weaknesses
7.2 Eaton
  7.2.1 Eaton Details
  7.2.2 Eaton Major Business
  7.2.3 Eaton Microgrid Modeling Software Product and Services
  7.2.4 Eaton Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.2.5 Eaton Recent Developments/Updates
  7.2.6 Eaton Competitive Strengths & Weaknesses
7.3 Siemens
  7.3.1 Siemens Details
  7.3.2 Siemens Major Business
  7.3.3 Siemens Microgrid Modeling Software Product and Services
  7.3.4 Siemens Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.3.5 Siemens Recent Developments/Updates
  7.3.6 Siemens Competitive Strengths & Weaknesses
7.4 Energy Toolbase
  7.4.1 Energy Toolbase Details
  7.4.2 Energy Toolbase Major Business
  7.4.3 Energy Toolbase Microgrid Modeling Software Product and Services
  7.4.4 Energy Toolbase Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.4.5 Energy Toolbase Recent Developments/Updates
  7.4.6 Energy Toolbase Competitive Strengths & Weaknesses
7.5 DIgSILENT
  7.5.1 DIgSILENT Details
  7.5.2 DIgSILENT Major Business
  7.5.3 DIgSILENT Microgrid Modeling Software Product and Services
  7.5.4 DIgSILENT Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.5.5 DIgSILENT Recent Developments/Updates
  7.5.6 DIgSILENT Competitive Strengths & Weaknesses
7.6 Powersim
  7.6.1 Powersim Details
  7.6.2 Powersim Major Business
  7.6.3 Powersim Microgrid Modeling Software Product and Services
  7.6.4 Powersim Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.6.5 Powersim Recent Developments/Updates
  7.6.6 Powersim Competitive Strengths & Weaknesses
7.7 Operation Technology ETAP
  7.7.1 Operation Technology ETAP Details
  7.7.2 Operation Technology ETAP Major Business
  7.7.3 Operation Technology ETAP Microgrid Modeling Software Product and Services
  7.7.4 Operation Technology ETAP Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023)
  7.7.5 Operation Technology ETAP Recent Developments/Updates
  7.7.6 Operation Technology ETAP Competitive Strengths & Weaknesses

8 INDUSTRY CHAIN ANALYSIS

8.1 Microgrid Modeling Software Industry Chain
8.2 Microgrid Modeling Software Upstream Analysis
8.3 Microgrid Modeling Software Midstream Analysis
8.4 Microgrid Modeling Software Downstream Analysis

9 RESEARCH FINDINGS AND CONCLUSION


10 APPENDIX

10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer

LIST OF TABLES

Table 1. World Microgrid Modeling Software Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
Table 2. World Microgrid Modeling Software Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
Table 3. World Microgrid Modeling Software Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
Table 4. World Microgrid Modeling Software Revenue Market Share by Region (2018-2023), (by Headquarter Location)
Table 5. World Microgrid Modeling Software Revenue Market Share by Region (2024-2029), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Microgrid Modeling Software Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
Table 8. World Microgrid Modeling Software Consumption Value by Region (2018-2023) & (USD Million)
Table 9. World Microgrid Modeling Software Consumption Value Forecast by Region (2024-2029) & (USD Million)
Table 10. World Microgrid Modeling Software Revenue by Player (2018-2023) & (USD Million)
Table 11. Revenue Market Share of Key Microgrid Modeling Software Players in 2022
Table 12. World Microgrid Modeling Software Industry Rank of Major Player, Based on Revenue in 2022
Table 13. Global Microgrid Modeling Software Company Evaluation Quadrant
Table 14. Head Office of Key Microgrid Modeling Software Player
Table 15. Microgrid Modeling Software Market: Company Product Type Footprint
Table 16. Microgrid Modeling Software Market: Company Product Application Footprint
Table 17. Microgrid Modeling Software Mergers & Acquisitions Activity
Table 18. United States VS China Microgrid Modeling Software Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 19. United States VS China Microgrid Modeling Software Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
Table 20. United States Based Microgrid Modeling Software Companies, Headquarters (States, Country)
Table 21. United States Based Companies Microgrid Modeling Software Revenue, (2018-2023) & (USD Million)
Table 22. United States Based Companies Microgrid Modeling Software Revenue Market Share (2018-2023)
Table 23. China Based Microgrid Modeling Software Companies, Headquarters (Province, Country)
Table 24. China Based Companies Microgrid Modeling Software Revenue, (2018-2023) & (USD Million)
Table 25. China Based Companies Microgrid Modeling Software Revenue Market Share (2018-2023)
Table 26. Rest of World Based Microgrid Modeling Software Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Microgrid Modeling Software Revenue, (2018-2023) & (USD Million)
Table 28. Rest of World Based Companies Microgrid Modeling Software Revenue Market Share (2018-2023)
Table 29. World Microgrid Modeling Software Market Size by Type, (USD Million), 2018 & 2022 & 2029
Table 30. World Microgrid Modeling Software Market Size by Type (2018-2023) & (USD Million)
Table 31. World Microgrid Modeling Software Market Size by Type (2024-2029) & (USD Million)
Table 32. World Microgrid Modeling Software Market Size by Application, (USD Million), 2018 & 2022 & 2029
Table 33. World Microgrid Modeling Software Market Size by Application (2018-2023) & (USD Million)
Table 34. World Microgrid Modeling Software Market Size by Application (2024-2029) & (USD Million)
Table 35. HOMER Energy Basic Information, Area Served and Competitors
Table 36. HOMER Energy Major Business
Table 37. HOMER Energy Microgrid Modeling Software Product and Services
Table 38. HOMER Energy Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 39. HOMER Energy Recent Developments/Updates
Table 40. HOMER Energy Competitive Strengths & Weaknesses
Table 41. Eaton Basic Information, Area Served and Competitors
Table 42. Eaton Major Business
Table 43. Eaton Microgrid Modeling Software Product and Services
Table 44. Eaton Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 45. Eaton Recent Developments/Updates
Table 46. Eaton Competitive Strengths & Weaknesses
Table 47. Siemens Basic Information, Area Served and Competitors
Table 48. Siemens Major Business
Table 49. Siemens Microgrid Modeling Software Product and Services
Table 50. Siemens Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 51. Siemens Recent Developments/Updates
Table 52. Siemens Competitive Strengths & Weaknesses
Table 53. Energy Toolbase Basic Information, Area Served and Competitors
Table 54. Energy Toolbase Major Business
Table 55. Energy Toolbase Microgrid Modeling Software Product and Services
Table 56. Energy Toolbase Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 57. Energy Toolbase Recent Developments/Updates
Table 58. Energy Toolbase Competitive Strengths & Weaknesses
Table 59. DIgSILENT Basic Information, Area Served and Competitors
Table 60. DIgSILENT Major Business
Table 61. DIgSILENT Microgrid Modeling Software Product and Services
Table 62. DIgSILENT Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 63. DIgSILENT Recent Developments/Updates
Table 64. DIgSILENT Competitive Strengths & Weaknesses
Table 65. Powersim Basic Information, Area Served and Competitors
Table 66. Powersim Major Business
Table 67. Powersim Microgrid Modeling Software Product and Services
Table 68. Powersim Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 69. Powersim Recent Developments/Updates
Table 70. Operation Technology ETAP Basic Information, Area Served and Competitors
Table 71. Operation Technology ETAP Major Business
Table 72. Operation Technology ETAP Microgrid Modeling Software Product and Services
Table 73. Operation Technology ETAP Microgrid Modeling Software Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
Table 74. Global Key Players of Microgrid Modeling Software Upstream (Raw Materials)
Table 75. Microgrid Modeling Software Typical Customers

LIST OF FIGURE

Figure 1. Microgrid Modeling Software Picture
Figure 2. World Microgrid Modeling Software Total Market Size: 2018 & 2022 & 2029, (USD Million)
Figure 3. World Microgrid Modeling Software Total Market Size (2018-2029) & (USD Million)
Figure 4. World Microgrid Modeling Software Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
Figure 5. World Microgrid Modeling Software Revenue Market Share by Region (2018-2029), (by Headquarter Location)
Figure 6. United States Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 7. China Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 8. Europe Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 9. Japan Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 10. South Korea Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 11. ASEAN Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 12. India Based Company Microgrid Modeling Software Revenue (2018-2029) & (USD Million)
Figure 13. Microgrid Modeling Software Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 16. World Microgrid Modeling Software Consumption Value Market Share by Region (2018-2029)
Figure 17. United States Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 18. China Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 19. Europe Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 20. Japan Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 21. South Korea Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 22. ASEAN Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 23. India Microgrid Modeling Software Consumption Value (2018-2029) & (USD Million)
Figure 24. Producer Shipments of Microgrid Modeling Software by Player Revenue ($MM) and Market Share (%): 2022
Figure 25. Global Four-firm Concentration Ratios (CR4) for Microgrid Modeling Software Markets in 2022
Figure 26. Global Four-firm Concentration Ratios (CR8) for Microgrid Modeling Software Markets in 2022
Figure 27. United States VS China: Microgrid Modeling Software Revenue Market Share Comparison (2018 & 2022 & 2029)
Figure 28. United States VS China: Microgrid Modeling Software Consumption Value Market Share Comparison (2018 & 2022 & 2029)
Figure 29. World Microgrid Modeling Software Market Size by Type, (USD Million), 2018 & 2022 & 2029
Figure 30. World Microgrid Modeling Software Market Size Market Share by Type in 2022
Figure 31. On-Premise
Figure 32. Cloud-based
Figure 33. World Microgrid Modeling Software Market Size Market Share by Type (2018-2029)
Figure 34. World Microgrid Modeling Software Market Size by Application, (USD Million), 2018 & 2022 & 2029
Figure 35. World Microgrid Modeling Software Market Size Market Share by Application in 2022
Figure 36. Grid-Connected Microgrid
Figure 37. Off-Grid Microgrid
Figure 38. Hybrid Microgrid
Figure 39. Microgrid Modeling Software Industrial Chain
Figure 40. Methodology
Figure 41. Research Process and Data Source


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