List of Figures:
Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 15
Figure 4. North America Power System Simulator Market, 2021-2031, $ mn 17
Figure 5. Impact of COVID-19 on Business 20
Figure 6. Primary Drivers and Impact Factors of North America Power System Simulator Market 22
Figure 7. Primary Restraints and Impact Factors of North America Power System Simulator Market 25
Figure 8. Investment Opportunity Analysis 29
Figure 9. Porter’s Fiver Forces Analysis of North America Power System Simulator Market 32
Figure 10. Breakdown of North America Power System Simulator Market by Component, 2021-2031, % of Revenue 37
Figure 11. North America Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 37
Figure 12. North America Power System Simulator Market by Component: Hardware, 2021-2031, $ mn 38
Figure 13. North America Power System Simulator Market by Component: Software, 2021-2031, $ mn 39
Figure 14. North America Power System Simulator Market by Component: Services, 2021-2031, $ mn 40
Figure 15. Breakdown of North America Power System Simulator Market by Product, 2021-2031, % of Sales Revenue 42
Figure 16. North America Addressable Market Cap in 2022-2031 by Product, Value ($ mn) and Share (%) 42
Figure 17. North America Power System Simulator Market by Product: Hardware in the Loop (HIL), 2021-2031, $ mn 43
Figure 18. North America Power System Simulator Market by Product: Power Hardware in the Loop (PHIL), 2021-2031, $ mn 44
Figure 19. Breakdown of North America Power System Simulator Market by Module, 2021-2031, % of Sales Revenue 46
Figure 20. North America Addressable Market Cap in 2022-2031 by Module, Value ($ mn) and Share (%) 46
Figure 21. North America Power System Simulator Market by Module: Load Flow, 2021-2031, $ mn 47
Figure 22. North America Power System Simulator Market by Module: Harmonics, 2021-2031, $ mn 48
Figure 23. North America Power System Simulator Market by Module: Short Circuit, 2021-2031, $ mn 49
Figure 24. North America Power System Simulator Market by Module: Arc Flash, 2021-2031, $ mn 50
Figure 25. North America Power System Simulator Market by Module: Device Coordination Selectivity, 2021-2031, $ mn 51
Figure 26. North America Power System Simulator Market by Module: Other Modules, 2021-2031, $ mn 52
Figure 27. Breakdown of North America Power System Simulator Market by Application, 2021-2031, % of Revenue 54
Figure 28. North America Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 54
Figure 29. North America Power System Simulator Market by Application: Power, 2021-2031, $ mn 55
Figure 30. North America Power System Simulator Market by Application: Industrial, 2021-2031, $ mn 56
Figure 31. North America Power System Simulator Market by Application: Other Applications, 2021-2031, $ mn 57
Figure 32. Breakdown of North America Power System Simulator Market by Country, 2021 and 2031, % of Revenue 59
Figure 33. Contribution to North America 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 60
Figure 34. U.S. Power System Simulator Market, 2021-2031, $ mn 62
Figure 35. Canada Power System Simulator Market, 2021-2031, $ mn 64
Figure 36. Power System Simulator Market in Mexico, 2021-2031, $ mn 66
Figure 37. Growth Stage of North America Power System Simulator Industry over the Forecast Period 68
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.)
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