Hardware Power System Stimulation Size,Share and Forecasts (2019-2026)
The forecasted valuation in 2026 is USD xx million. The expected CAGR is xx% during the forecasting period (2019-2026).
(EMAILWIRE.COM, September 10, 2019 ) Market Overview
The market valuation of global Hardware Power System Simulation market stood at USD xx million in 2018.
The forecasted valuation in 2025 is USD xx million. The expected CAGR is xx% during the forecasting period (2018-2025).
The hardware-based simulation is used to develop a practical model over software-based simulation as it easy to visualize the various voltage levels of operations, the losses, and limitation on physical distances. Hardware Power System Simulator is developed to demonstrate the effects of different parameters on the power system.
Market Dynamics
Several factors including an increasing power generation capacity with growing power sector and new advanced technology to reduce time and cost for different industrial projects are driving the growth of this market.
Market Segmentation
The global Power System Simulation market is segmented on Modules into Arc Flash, Short Circuit, Load Flow, Device Coordination Selectivity, Harmonics, and Others.
The Load Flow segment accounted for the largest market share due to increasing number of power projects and growing investments in oil & gas, mining, and metals market. Also, load flows are better in optimizing power networks and managing future load expansions.
Based on end-user, the market consists of three segments namely Power, Industrial, and Others.
The power segment is the largest segment accounting for the highest market share of the global power system simulation.
Growing power generation capacity, increasing investments in renewable energy and increasing adoption of smart grids in transmission & distribution of power are the factors boosting the power segment.
Geographically, this report segments the market into North America, Europe, South America, Asia-Pacific, and RoW.
North America is dominating the global power system simulation market during the forecast period due to growing mining, metals and oil market.
Company profiles
The major players in the power system simulator market are
ABB,
Schneider Electric,
Eaton,
Siemens,
Others.
Competitive trends
NRELs megawatt-scale power hardware-in-the-loop (PHIL) capability allows researchers and manufacturers to test energy technologies at full power in real-time grid simulations to safely evaluate performance and reliability.
In 2017, Bentley Power Systems partnered with Siemens Energy to develop innovative technology aimed at the digitization of power utilities.
The report profiles the following companies, which includes ABB, Siemens, Schneider Electric, Eaton, ETAP, GE, Rtds Technologies, Mathworks, Opal-RT, Powerworld, Nepean, and OSI.
Market report scope
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
View full sample report: https://www.datamintelligence.com/research-report/hardware-power-system-stimulation
Download free sample: https://www.datamintelligence.com/download-sample/hardware-power-system-stimulation
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
The market valuation of global Hardware Power System Simulation market stood at USD xx million in 2018.
The forecasted valuation in 2025 is USD xx million. The expected CAGR is xx% during the forecasting period (2018-2025).
The hardware-based simulation is used to develop a practical model over software-based simulation as it easy to visualize the various voltage levels of operations, the losses, and limitation on physical distances. Hardware Power System Simulator is developed to demonstrate the effects of different parameters on the power system.
Market Dynamics
Several factors including an increasing power generation capacity with growing power sector and new advanced technology to reduce time and cost for different industrial projects are driving the growth of this market.
Market Segmentation
The global Power System Simulation market is segmented on Modules into Arc Flash, Short Circuit, Load Flow, Device Coordination Selectivity, Harmonics, and Others.
The Load Flow segment accounted for the largest market share due to increasing number of power projects and growing investments in oil & gas, mining, and metals market. Also, load flows are better in optimizing power networks and managing future load expansions.
Based on end-user, the market consists of three segments namely Power, Industrial, and Others.
The power segment is the largest segment accounting for the highest market share of the global power system simulation.
Growing power generation capacity, increasing investments in renewable energy and increasing adoption of smart grids in transmission & distribution of power are the factors boosting the power segment.
Geographically, this report segments the market into North America, Europe, South America, Asia-Pacific, and RoW.
North America is dominating the global power system simulation market during the forecast period due to growing mining, metals and oil market.
Company profiles
The major players in the power system simulator market are
ABB,
Schneider Electric,
Eaton,
Siemens,
Others.
Competitive trends
NRELs megawatt-scale power hardware-in-the-loop (PHIL) capability allows researchers and manufacturers to test energy technologies at full power in real-time grid simulations to safely evaluate performance and reliability.
In 2017, Bentley Power Systems partnered with Siemens Energy to develop innovative technology aimed at the digitization of power utilities.
The report profiles the following companies, which includes ABB, Siemens, Schneider Electric, Eaton, ETAP, GE, Rtds Technologies, Mathworks, Opal-RT, Powerworld, Nepean, and OSI.
Market report scope
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
View full sample report: https://www.datamintelligence.com/research-report/hardware-power-system-stimulation
Download free sample: https://www.datamintelligence.com/download-sample/hardware-power-system-stimulation
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results