Amid the COVID-19 crisis, the global market for Power System State Estimators estimated at US$559.4 Million in the year 2020, is projected to reach a revised size of US$858.2 Million by 2026, growing at a CAGR of 7.6% over the analysis period.
Power Control Centers, one of the segments analyzed in the report, is projected to grow at a 6.9% CAGR to reach US$580.1 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Utility State Estimator segment is readjusted to a revised 8.8% CAGR for the next 7-year period. This segment currently accounts for a 35.2% share of the global Power System State Estimators market.
The U.S. Market is Estimated at $128.8 Million in 2021, While China is Forecast to Reach $156.2 Million by 2026
The Power System State Estimators market in the U.S. is estimated at US$128.8 Million in the year 2021. The country currently accounts for a 22.13% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$156.2 Million in the year 2026 trailing a CAGR of 9.5% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 6.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7% CAGR while Rest of European market (as defined in the study) will reach US$173.2 Million by the end of the analysis period.
Select Competitors (Total 30 Featured):
ABB Group
Alstom SA
CYME International T&D Inc.
DIgSILENT GmbH
Energy Computer Systems (Spard)
Epfl (Simsen)
ETAP - Operation Technology, Inc.
GDF Suez - Tractebel Engineering S.A.
General Electric Company
KEPCO Inc.
NEPLAN AG
Nexant, Inc.
Open Systems International, Inc.
Power Research & Development Consultants Pvt. Ltd.
PowerWorld Corporation
Siemens AG
Siemens Power Technologies International
SKM Systems Analysis Inc.
Tom (Pasha) (Power Apparatus & System Homological Analysis)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession: 2020 Marked as a Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
COVID-19 Impact, Market Reset & the New Normal: Beyond the Current Challenges, the Pandemic Will Fuel Energy Transition
After Getting Hit the Hardest, the Clean Energy Segment Bound to Rebound
Recommendations for the Power & Energy Sector in the Post-Pandemic Era
State Estimator and State Estimation: An Introduction
Power System State Estimators: Prelude
Global Market Prospects & Outlook
Regional Analysis
Competitive Scenario
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Distribution State Estimators: Taking Power Network Modeling to Next Level
Dynamic Power State Estimators for Large-Scale Power Systems
D-P2N2 Approach for State Estimation of Large-Scale Distribution Grids
New Estimator Deals with Power System Uncertainties Brought by Renewable Integration
MSE-based State Estimators for DERs
Conditional GAN for Power System State Estimation
State Estimation Remains Integral to Next-Generation Power Systems
New Approach to Mitigate Impact of System Frequency Variability on State Estimation
Power Grid Modernization Implies Upgrades in Policy Regimes & Infrastructure
Growing Need to Increase Power T&D Efficiency Bodes Well
Relevance in Renewable Energy Based Power Projects
Growing Investments in Energy Infrastructure Elevates Demand
Electricity Demand Patterns
Rapid Urbanization: A Mega Growth Driver for Power System State Estimators
Rising Investments in Smart Grids Bodes Well
Distributed Generation Offers Opportunities
New Boundary Defense Mechanism to Prevent Cyberattacks on Power System State Estimation
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