The Power System Simulator market was valued at $961 million in 2020 and is projected to reach $154 million by 2028, registering a CAGR of 6% from 2021 to 2027.
The growing demand for renewable energy sources such as solar and wind energy has stimulated the power industry and increased demand for power system simulators. The demand for power system simulators that help reduce the total project time and cost is also driving the market growth. Numerous government investments are also driving the growth of the global power system simulator market.
A full report of Power System Simulator Market available at: https://www.orionmarketreports.com/power-system-simulator-market/33292/
Power System Simulator Market Segments:
By Module
• Short Circuit
• Load Flow
• Device Coordination Selectivity
• Arc Flash
• Others
By Offering
• Software
• Hardware
• Others
By End-User
• Power
• Industrial
• Others
Major Players
• Amcor PLC
• Bischof + Klein SE & Co. KG
• ProAmpac LLC
• Constantia Flexibles Group GmbH
• Coveris
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