Asia Pacific power system simulator market will grow by 8.9% annually with a total addressable market cap of $4,608.6 million over 2022-2031, 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 27 tables and 40 figures, this 95-page report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific power system simulator market in every aspect of the classification from perspectives of by Component, Product, Module, Application, and Country.
Based on Component, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
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.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 26
2.4 Emerging Opportunities and Market Trends 29
2.5 Porter’s Fiver Forces Analysis 33
3 Segmentation of Asia Pacific Market by Component 37
3.1 Market Overview by Component 37
3.2 Hardware 39
3.3 Software 40
3.4 Services 41
4 Segmentation of Asia Pacific Market by Product 42
4.1 Market Overview by Product 42
4.2 Hardware in the Loop (HIL) 44
4.3 Power Hardware in the Loop (PHIL) 45
5 Segmentation of Asia Pacific Market by Module 46
5.1 Market Overview by Module 46
5.2 Load Flow 48
5.3 Harmonics 49
5.4 Short Circuit 50
5.5 Arc Flash 51
5.6 Device Coordination Selectivity 52
5.7 Other Modules 53
6 Segmentation of Asia Pacific Market by Application 54
6.1 Market Overview by Application 54
6.2 Power 56
6.3 Industrial 57
6.4 Other Applications 58
7 Asia-Pacific Market 2021-2031 by Country 59
7.1 Overview of Asia-Pacific Market 59
7.2 Japan 62
7.3 China 65
7.4 Australia 67
7.5 India 69
7.6 South Korea 71
7.7 Rest of APAC Region 73
8 Competitive Landscape 75
8.1 Overview of Key Vendors 75
8.2 New Product Launch, Partnership, Investment, and M&A 78
8.3 Company Profiles 79
ABB Ltd. 79
Atos SE 81
Eaton Corporation plc 82
Energy Exemplar 83
ETAP 84
Fuji Electric Co., Ltd. 85
General Electric Company (GE) 86
Neplan AG 87
OPAL-RT Technologies, Inc. 88
Open Systems International, Inc. (OSI) 89
PowerWorld Corporation 90
RTDS Technologies Inc. 91
Schneider Electric SE 92
Siemens AG 93
The MathWorks, Inc. 94
RELATED REPORTS 95
List of Tables:
Table 1. Snapshot of Asia Pacific Power System Simulator Market in Balanced Perspective, 2021-2031 16
Table 2. World Economic Outlook, 2021-2031 20
Table 3. Main Product Trends and Market Opportunities in Asia Pacific Power System Simulator Market 29
Table 4. Asia Pacific Power System Simulator Market by Component, 2021-2031, $ mn 37
Table 5. Asia Pacific Power System Simulator Market by Product, 2021-2031, $ mn 42
Table 6. Asia Pacific Power System Simulator Market by Module, 2021-2031, $ mn 46
Table 7. Asia Pacific Power System Simulator Market by Application, 2021-2031, $ mn 54
Table 8. APAC Power System Simulator Market by Country, 2021-2031, $ mn 60
Table 9. Japan Power System Simulator Market by Component, 2021-2031, $ mn 64
Table 10. Japan Power System Simulator Market by Module, 2021-2031, $ mn 64
Table 11. Japan Power System Simulator Market by Application, 2021-2031, $ mn 64
Table 12. China Power System Simulator Market by Component, 2021-2031, $ mn 66
Table 13. China Power System Simulator Market by Module, 2021-2031, $ mn 66
Table 14. China Power System Simulator Market by Application, 2021-2031, $ mn 66
Table 15. Australia Power System Simulator Market by Component, 2021-2031, $ mn 68
Table 16. Australia Power System Simulator Market by Module, 2021-2031, $ mn 68
Table 17. Australia Power System Simulator Market by Application, 2021-2031, $ mn 68
Table 18. India Power System Simulator Market by Component, 2021-2031, $ mn 70
Table 19. India Power System Simulator Market by Module, 2021-2031, $ mn 70
Table 20. India Power System Simulator Market by Application, 2021-2031, $ mn 70
Table 21. South Korea Power System Simulator Market by Component, 2021-2031, $ mn 72
Table 22. South Korea Power System Simulator Market by Module, 2021-2031, $ mn 72
Table 23. South Korea Power System Simulator Market by Application, 2021-2031, $ mn 72
Table 24. Power System Simulator Market in Rest of APAC by Country/Region, 2021-2031, $ mn 74
Table 25. ABB Ltd.: Company Snapshot 79
Table 26. ABB Ltd.: Business Segmentation 80
Table 27. ABB Ltd.: Product Portfolio 80
