The Europe power system simulation software market is expected to grow from €143.4 million in 2023 to €443.8 million by 2033, with a compound annual growth rate (CAGR) of 14.1% during the forecast period. The market is driven by the increasing demand for sustainable energy, growth in renewable energy sources, and the need for efficient grid operations.
The top companies in the market are Siemens, DIgSILENT, ABB, Schneider Electric, Plexim, and DNV. Siemens is the market leader, accounting for 27.4% of the market share in 2023, followed by DIgSILENT with a 21.4% market share.
The report provides a comprehensive analysis of the market, including market trends, drivers, and restraints. It also provides a competitive landscape of the market, with company profiles of the top players. The report also provides market forecasts for different segments, such as transmission and distribution, renewable energy, and energy storage.