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Power System Simulator Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

Posted on by Priyanka Parmar

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

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)

Priyanka Parmar

She hates snoozing and doesn’t believe in power naps. Gets the work done on priority if assigned to her. With over 5 years of experience in the same field, Priyanka is very much the go-to person for the most crucial of tasks for the company. Sorted head and a focused mind with 2-3 cups of hot tea is what makes her going. She avoids chanting jokes while working!