Any changes from United States might affect the development trend of Electric Power System Analysis Software.Įurope also play important roles in global market, with market size of million USD in 2019 and will be million USD in 2024, with a CAGR of %. North America, especially The United States, will still play an important role which cannot be ignored. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. The global Electric Power System Analysis Software market is valued at 1630 million USD in 2018 and is expected to reach 3150 million USD by the end of 2024, growing at a CAGR of 11.6% between 20.
And their annual growth rates are unbalanced. Top 5 took up about 30% of the global market in 2017. In other words, the big players in this industry now put more effort on the electric power system analysis software chain, such as ABB and Siemens. Their market in this industry can ranges from distribution or/and transmission to power or grid product manufacturing. The international players like taking acquire of other companies, usually related to or can expand with her business. Electric Power System Analysis Software include electric power generation, distribution, transmission, trading and sales, protection etc.Ĭompany mergers and acquisitions, and inter-companies cooperation have occurred for development and growth.
0 kommentar(er)
