Dublin, May 02, 2023 (GLOBE NEWSWIRE) -- The "Power System Analysis Software Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment Model, Application, Voltage Type, and ...

The APAC dominated the Power System Analysis Software Market in 2022 driven by growth prospects in industrial automation. The adoption of the cloud has increased across industries in Asia Pacific ...

The research examines the Power System Analysis Software Market by analyzing how the financial situation, growth strategy, and product portfolio have changed over the course of the forecast period.

The global power system analysis software market stood at US$3,959.7 mn in 2016 and is expected to be worth US$11,585.7 mn by 2025, expanding at a CAGR of 12.7% between 2017 and 2025.

North America was the largest market for power system analysis software in 2015. Growth in this region is expected to be driven by the high degree of investment on smart grid systems.

Overall, these recent developments are driving innovation in the power system analysis software market, enabling utilities and power generation companies to optimize their operations, improve grid ...

The power system analysis software market is projected to grow from US$ 7,844.15 million in 2022 to US$ 15,375.95 million by 2028; it is estimated to record a CAGR of 12.1% from 2023 to 2028.