Europe Power Electronics Software Market Size & Outlook
Europe power electronics software market highlights
- The Europe power electronics software market generated a revenue of USD 671.9 million in 2021.
- The market is expected to grow at a CAGR of 9.2% from 2022 to 2033.
- In terms of segment, rapid control prototyping (rcp) was the largest revenue generating technology in 2021.
- Rapid Control Prototyping (RCP) is the most lucrative technology segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2021 | USD 671.9 million |
| Market revenue in 2033 | USD 1,936.4 million |
| Growth rate | 9.2% (CAGR from 2022 to 2033) |
| Largest segment | Rapid control prototyping (rcp) |
| Fastest growing segment | Rapid Control Prototyping (RCP) |
| Historical data covered | 2021 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rapid Control Prototyping (RCP) |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.9% of the global power electronics software market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,253.0 million by 2033.
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Power Electronics Software Market Scope
Power Electronics Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| National Instruments | View profile | 5001-10000 | Austin, Texas, United States, North America | http://www.ni.com |
| MathWorks | View profile | 1001-5000 | Natick, Massachusetts, United States, North America | http://www.mathworks.com |
| Synopsys Inc | View profile | 20300 | 675 Almanor Avenue, Sunnyvale, CA, United States, 94085 | https://www.synopsys.com |
| Renesas Electronics Corp | View profile | 21236 | Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, Japan, 135-0061 | http://www.renesas.com |
| Cadence Design Systems Inc | View profile | 11200 | 2655 Seely Avenue, Building 5, San Jose, CA, United States, 95134 | https://www.cadence.com |
| Altair Engineering Inc Class A | View profile | 3200 | 1820 East Big Beaver Road, Troy, MI, United States, 48083 | https://www.altair.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
| Infineon Technologies AG | View profile | 59364 | Am Campeon 1-15, Neubiberg, Munich, Germany, 85579 | https://www.infineon.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
Europe power electronics software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power electronics software market will help companies and investors design strategic landscapes.
Rapid control prototyping (rcp) was the largest segment with a revenue share of 109.06% in 2021. Horizon Databook has segmented the Europe power electronics software market based on rapid control prototyping (rcp) covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of power electronics software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe power electronics software market , including forecasts for subscribers. This continent databook contains high-level insights into Europe power electronics software market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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