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Asia Pacific Power System Simulator Market 2022-2031 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

  • Report ID: 43093
  • Date: Aug, 2022
  • Pages: 95
  • Category: Energy & Power

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 2022-2031 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 2018-2022 and provides forecast from 2022 till 2031 with 2022 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 2022-2031 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 2022-2031 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 2022-2031 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 2022-2031 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 2022-2031. 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


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. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 15
Figure 4. Asia Pacific Power System Simulator Market, 2021-2031, $ mn 18
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Power System Simulator Market 23
Figure 7. Primary Restraints and Impact Factors of Asia Pacific Power System Simulator Market 26
Figure 8. Investment Opportunity Analysis 30
Figure 9. Porter’s Fiver Forces Analysis of Asia Pacific Power System Simulator Market 33
Figure 10. Breakdown of Asia Pacific Power System Simulator Market by Component, 2021-2031, % of Revenue 38
Figure 11. Asia Pacific Addressable Market Cap in 2022-2031 by Component, Value ($ mn) and Share (%) 38
Figure 12. Asia Pacific Power System Simulator Market by Component: Hardware, 2021-2031, $ mn 39
Figure 13. Asia Pacific Power System Simulator Market by Component: Software, 2021-2031, $ mn 40
Figure 14. Asia Pacific Power System Simulator Market by Component: Services, 2021-2031, $ mn 41
Figure 15. Breakdown of Asia Pacific Power System Simulator Market by Product, 2021-2031, % of Sales Revenue 43
Figure 16. Asia Pacific Addressable Market Cap in 2022-2031 by Product, Value ($ mn) and Share (%) 43
Figure 17. Asia Pacific Power System Simulator Market by Product: Hardware in the Loop (HIL), 2021-2031, $ mn 44
Figure 18. Asia Pacific Power System Simulator Market by Product: Power Hardware in the Loop (PHIL), 2021-2031, $ mn 45
Figure 19. Breakdown of Asia Pacific Power System Simulator Market by Module, 2021-2031, % of Sales Revenue 47
Figure 20. Asia Pacific Addressable Market Cap in 2022-2031 by Module, Value ($ mn) and Share (%) 47
Figure 21. Asia Pacific Power System Simulator Market by Module: Load Flow, 2021-2031, $ mn 48
Figure 22. Asia Pacific Power System Simulator Market by Module: Harmonics, 2021-2031, $ mn 49
Figure 23. Asia Pacific Power System Simulator Market by Module: Short Circuit, 2021-2031, $ mn 50
Figure 24. Asia Pacific Power System Simulator Market by Module: Arc Flash, 2021-2031, $ mn 51
Figure 25. Asia Pacific Power System Simulator Market by Module: Device Coordination Selectivity, 2021-2031, $ mn 52
Figure 26. Asia Pacific Power System Simulator Market by Module: Other Modules, 2021-2031, $ mn 53
Figure 27. Breakdown of Asia Pacific Power System Simulator Market by Application, 2021-2031, % of Revenue 55
Figure 28. Asia Pacific Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%) 55
Figure 29. Asia Pacific Power System Simulator Market by Application: Power, 2021-2031, $ mn 56
Figure 30. Asia Pacific Power System Simulator Market by Application: Industrial, 2021-2031, $ mn 57
Figure 31. Asia Pacific Power System Simulator Market by Application: Other Applications, 2021-2031, $ mn 58
Figure 32. Breakdown of APAC Power System Simulator Market by Country, 2021 and 2031, % of Revenue 60
Figure 33. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%) 61
Figure 34. Power System Simulator Market in Japan, 2021-2031, $ mn 63
Figure 35. Power System Simulator Market in China, 2021-2031, $ mn 65
Figure 36. Power System Simulator Market in Australia, 2021-2031, $ mn 67
Figure 37. Power System Simulator Market in India, 2021-2031, $ mn 69
Figure 38. Power System Simulator Market in South Korea, 2021-2031, $ mn 71
Figure 39. Power System Simulator Market in Rest of APAC, 2021-2031, $ mn 73
Figure 40. Growth Stage of Asia Pacific Power System Simulator Industry over the Forecast Period 75

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

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