POWER SYSTEM ANALYSIS SOFTWARE MARKET ANALYSIS
The Global Power System Analysis Software market was valued at US$ 6922.7 Mn in 2021.
Statistics:
North America region dominated the global power system analysis software market in 2021, accounting for a 32.6% share in terms of value, followed by Europe, Asia Pacific, and Latin America, respectively
Figure 1: Global Power System Analysis Software Market Share (%), By Region, 2021
The global power system analysis software market was valued at US$ 6922.7 Mn in 2021 and is expected to reach US$ 21104.7 Mn by 2030, growing at a CAGR of 13.4% between 2022 and 2030.
North America global power system analysis software market is expected to be one of the prominent region in the global market witness high growth during the forecast period. This is owing increasing demand for power system analysis software in emerging economies such as U.S. and Canada. So it is expected to boost the market growth.
Figure 2: Global Power System Analysis Software Market (US$ Mn) Analysis and Forecast, 2017 - 2030
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