the global Power System State Estimator market size is projected to reach USD 1.3 billion by 2029
Published Date: Monday,18 Dec,2023
State Estimation (SE) is a process to estimate the electrical state of a network and find an approximation for the unknown state variables in the system obtained from imperfect measurements.
State estimator is an important tool for online monitoring, analysis and feedback control of power systems. State estimation is used in all Energy Management Systems (EMS) to identify the present operating state of a system, and is the core of distribution system analysis software. It can be also used in power system simulation software.
According to the new market research report “Global Power System State Estimator Market Report 2023-2029”, published by Globalinforesearch, the global Power System State Estimator market size is projected to reach USD 1.3 billion by 2029, at a CAGR of 7.6% during the forecast period.
- Global Power System State Estimator MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Power System State Estimator Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
- Global Power System State Estimator Top13Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Power System State Estimator Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029”.
The global key manufacturers of Power System State Estimator include ABB, Siemens, Eaton (CYME), Schneider Electric, General Electric, Open System International (OSI), ETAP Electrical Engineering Software, Nexant, DIgSILENT (Power Factory), BCP Switzerland (Neplan), etc. In 2021, the global top five players had a share approximately 62.0% in terms of revenue.
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