Europe Power System Simulator Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$391.7

Forecast, 2030 (US$M)

$619.6

CAGR, 2024 - 2030

6.8%

Report Coverage

Europe

Europe power system simulator market, 2018-2030 (US$M)

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Related Markets

Global Power System Simulator Industry Outlook

North America Power System Simulator Market Outlook

Asia Pacific Power System Simulator Market Outlook

Latin America Power System Simulator Market Outlook

MEA Power System Simulator Market Outlook

Europe power system simulator market highlights

The Europe power system simulator market generated a revenue of USD 391.7 million in 2023.
The market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
In terms of segment, hardware was the largest revenue generating component in 2023.
Hardware is the most lucrative component segment registering the fastest growth during the forecast period.

Europe data book summary

Market revenue in 2023	USD 391.7 million
Market revenue in 2030	USD 619.6 million
Growth rate	6.8% (CAGR from 2023 to 2030)
Largest segment	Hardware
Fastest growing segment	Hardware
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Hardware
Key market players worldwide	Siemens, ABB Ltd, Eaton Corp PLC, The MathWorks Inc., Fuji Electric Co Ltd, Portland General Electric Co

Other key industry trends

In terms of revenue, Europe region accounted for 28.9% of the global power system simulator market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 563.3 million by 2030.

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Power System Simulator Market Scope

Power system simulator market segmentation & scope

Component

Hardware

Software

Services

Analysis

Load Flow

Short Circuit

Harmonic

Transient

Others

End Use

Power

Industrial

Others

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Germany

France

Australia

China

India

Japan

South Korea

Brazil

UAE

South Africa

Saudi Arabia

Power System Simulator Market Companies

Name	Profile	# Employees	HQ	Website

Europe power system simulator 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 system simulator market will help companies and investors design strategic landscapes.

Hardware was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe power system simulator market based on hardware covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Europe power system simulator market databook

Our clientele includes a mix of power system simulator market companies, investment firms, advisory firms & academic institutions.
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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 system simulator market , including forecasts for subscribers. This continent databook contains high-level insights into Europe power system simulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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