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

Abstract
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.)

Content
Table of Contents

1 Introduction6
1.1 Industry Definition and Research Scope6
1.1.1 Industry Definition6
1.1.2 Research Scope7
1.2 Research Methodology10
1.2.1 Overview of Market Research Methodology10
1.2.2 Market Assumption11
1.2.3 Secondary Data11
1.2.4 Primary Data11
1.2.5 Data Filtration and Model Design12
1.2.6 Market Size/Share Estimation13
1.2.7 Research Limitations14
1.3 Executive Summary15
2 Market Overview and Dynamics17
2.1 Market Size and Forecast17
2.1.1 Impact of COVID-19 on World Economy18
2.1.2 Impact of COVID-19 on the Market20
2.2 Major Growth Drivers22
2.3 Market Restraints and Challenges25
2.4 Emerging Opportunities and Market Trends28
2.5 Porter’s Fiver Forces Analysis32
3 Segmentation of North America Market by Component36
3.1 Market Overview by Component36
3.2 Hardware38
3.3 Software39
3.4 Services40
4 Segmentation of North America Market by Product41
4.1 Market Overview by Product41
4.2 Hardware in the Loop (HIL)43
4.3 Power Hardware in the Loop (PHIL)44
5 Segmentation of North America Market by Module45
5.1 Market Overview by Module45
5.2 Load Flow47
5.3 Harmonics48
5.4 Short Circuit49
5.5 Arc Flash50
5.6 Device Coordination Selectivity51
5.7 Other Modules52
6 Segmentation of North America Market by Application53
6.1 Market Overview by Application53
6.2 Power55
6.3 Industrial56
6.4 Other Applications57
7 North America Market 2021-2031 by Country58
7.1 Overview of North America Market58
7.2 U.S.61
7.3 Canada64
7.4 Mexico66
8 Competitive Landscape68
8.1 Overview of Key Vendors68
8.2 New Product Launch, Partnership, Investment, and M&A71
8.3 Company Profiles72
ABB Ltd.72
Atos SE74
Eaton Corporation plc75
Energy Exemplar76
ETAP77
Fuji Electric Co., Ltd.78
General Electric Company (GE)79
Neplan AG80
OPAL-RT Technologies, Inc.81
Open Systems International, Inc. (OSI)82
PowerWorld Corporation83
RTDS Technologies Inc.84
Schneider Electric SE85
Siemens AG86
The MathWorks, Inc.87
RELATED REPORTS88

List of Tables:

Table 1. Snapshot of North America Power System Simulator Market in Balanced Perspective, 2021-203116
Table 2. World Economic Outlook, 2021-203119
Table 3. Main Product Trends and Market Opportunities in North America Power System Simulator Market28
Table 4. North America Power System Simulator Market by Component, 2021-2031, $ mn36
Table 5. North America Power System Simulator Market by Product, 2021-2031, $ mn41
Table 6. North America Power System Simulator Market by Module, 2021-2031, $ mn45
Table 7. North America Power System Simulator Market by Application, 2021-2031, $ mn53
Table 8. North America Power System Simulator Market by Country, 2021-2031, $ mn59
Table 9. U.S. Power System Simulator Market by Component, 2021-2031, $ mn63
Table 10. U.S. Power System Simulator Market by Module, 2021-2031, $ mn63
Table 11. U.S. Power System Simulator Market by Application, 2021-2031, $ mn63
Table 12. Canada Power System Simulator Market by Component, 2021-2031, $ mn65
Table 13. Canada Power System Simulator Market by Module, 2021-2031, $ mn65
Table 14. Canada Power System Simulator Market by Application, 2021-2031, $ mn65
Table 15. Mexico Power System Simulator Market by Component, 2021-2031, $ mn67
Table 16. Mexico Power System Simulator Market by Module, 2021-2031, $ mn67
Table 17. Mexico Power System Simulator Market by Application, 2021-2031, $ mn67
Table 18. ABB Ltd.: Company Snapshot72
Table 19. ABB Ltd.: Business Segmentation73
Table 20. ABB Ltd.: Product Portfolio73