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Power System State Estimators - Global Strategic Business Report

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    Report

  • 396 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5141214
The global market for Power System State Estimators is estimated at US$665 Million in 2023 and is projected to reach US$1.2 Billion by 2030, growing at a CAGR of 7.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Power Control Centers segment, which is expected to reach US$726.4 Million by 2030 with a CAGR of 7%. The Utility State Estimator segment is also set to grow at 8.6% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $144.5 Million in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $231.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Power System State Estimators Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Power System State Estimators Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Power System State Estimators Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as ABB Ltd., General Electric Company, Eaton Corporation PLC, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 30 Featured):

  • ABB Ltd.
  • General Electric Company
  • Eaton Corporation PLC
  • Open Systems International, Inc.(OSI)
  • ETAP
  • Alstom SA
  • KEPCO Inc.
  • CYME International T&D Inc.
  • NEPLAN AG
  • DIgSILENT GmbH
  • Energy Computer Systems (Spard)
  • Electricity Coordinating Center Ltd.
  • Power Research & Development Consultants Pvt. Ltd.
  • Electric Power Group, LLC
  • Enphase Energy

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • State Estimator and State Estimation: An Introduction
  • Power System State Estimators: Prelude
  • Global Market Prospects & Outlook
  • World Power System State Estimators Market by Software Type (2024): Percentage Breakdown of Revenues for Power Control Centers, and Utility State Estimator
  • World Power System State Estimators Market by Solution (2024): Percentage Breakdown of Revenues for Weighted Lease Square (WLS), Least Absolute Value (LAV), and Other Solutions
  • Regional Analysis
  • World Power System State Estimators Market by Region: Percentage Breakdown of Revenues for Developed and Developing Regions (2024 & 2030)
  • World Power System State Estimators Market - Geographic Regions Ranked by CAGR (Value) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
  • Competitive Scenario
  • Power System State Estimators - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • 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
  • Global Investments into Power T&D Infrastructure by Region (in %) for 2020 and 2040
  • Relevance in Renewable Energy Based Power Projects
  • Targets for Electricity Production from Renewable Energy Sources in Select Countries
  • Growing Investments in Energy Infrastructure Elevates Demand
  • Electricity Demand Patterns
  • Projected Global Demand for Electricity (MWh): 2015, 2025, & 2035
  • Change in Gross Electricity Demand in TWh for 2017-2050
  • Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
  • Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
  • Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030
  • Rapid Urbanization: A Mega Growth Driver for Power System State Estimators
  • World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
  • World Urban Population in Million and as Percentage of Total Population for the Period 1950-2050
  • World Population Urbanization Rate (%) by Region/Country: 2016 & 2040
  • Rising Investments in Smart Grids Bodes Well
  • Global Smart Grid Revenues in US$ Million for the Years 2018, 2021 and 2024
  • Distributed Generation Offers Opportunities
  • World Distributed Generation Market by Geographic Region (2024 & 2030) - Annual Revenues in US$ Million for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa
  • New Boundary Defense Mechanism to Prevent Cyberattacks on Power System State Estimation
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Power Control Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Power Control Centers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Power Control Centers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Utility State Estimator by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Utility State Estimator by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Utility State Estimator by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Weighted Lease Square (WLS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Weighted Lease Square (WLS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Weighted Lease Square (WLS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Least Absolute Value (LAV) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Least Absolute Value (LAV) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Least Absolute Value (LAV) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Other Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Other Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Other Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Transmission Network by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Transmission Network by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Transmission Network by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Distribution Network by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Distribution Network by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Distribution Network by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Power System State Estimators Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 23: World Recent Past, Current & Future Analysis for Power System State Estimators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Power System State Estimators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Power System State Estimators by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
MIDDLE EAST
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • Power System State Estimators Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • General Electric Company
  • Eaton Corporation PLC
  • Open Systems International, Inc.(OSI)
  • ETAP
  • Alstom SA
  • KEPCO Inc.
  • CYME International T&D Inc.
  • NEPLAN AG
  • DIgSILENT GmbH
  • Energy Computer Systems (Spard)
  • Electricity Coordinating Center Ltd.
  • Power Research & Development Consultants Pvt. Ltd.
  • Electric Power Group, LLC
  • Enphase Energy

Table Information