출판MarketsandMarkets（마켓츠앤드마켓츠）출판년월：2021년11월
・전력용 디지털 트윈 시장:트윈 타입(가스, 증기 발전소, 풍력 발전소, 디지털 그리드 등), 사용 유형(제품, 프로세스, 시스템), 배포 유형(클라우드, 온프레미스), 최종 사용자, 애플리케이션, 지역별
Electrical Digital Twin Market by Twin Type (Gas & Steam Power Plant, Wind Farm, Digital Grid, Others), Usage Type (Product, Process, System), Deployment Type (Cloud, On-Premises), End User, Application, and Geography – Global Forecast to 2026
| 폐이지수 | 217 |
| 도표수 | 197 |
| 구성 | 영문조사보고서 |
–
| 목차 | 견적문의의뢰 |
–
The electrical digital twin market is projected to reach USD 1.3 billion by 2026 from an estimated USD 0.8 billion in 2021, at a CAGR of 12.2% during the forecast period. The global electrical digital twin market is driven by the reduction in unplanned downtime and operation & maintenance costs and the increase in efficiency and optimization of operations of power sector owing to the use of electrical digital twins. Growing demand to achieve network-level optimization and the increasing adoption of advanced technologies for the implementation of digital twin applications are expected to offer lucrative opportunities for the electrical digital twin market during the forecast period
“The cloud segment, by deployment type, is expected to be the fastest-growing market from 2021 to 2026”
The deployment type segment is categorized as cloud and on-premise. The cloud segment of the electrical digital twin market is expected to grow at the fastest rate during the forecast period, as cloud-based solutions offer various advantages, such as scalability, adaptability, cost-effectiveness, and low energy consumption, due to which their adoption rate is increasing at a significant rate across organizations.
“The digital gas & steam power plant segment, by twin type, is expected to be the largest market from 2021 to 2026”
The digital gas & steam power plant segment held the largest share of the electrical digital twin market as power sector operators globally are gradually planning to implement digital twins of gas and steam power plants to reduce emission and fuel consumption of gas and steam turbine assets. The digital twins of gas and steam power plants can also help operators optimize their strategies, improve machine and equipment health, and increase reliability through performance management.
“North America: The largest and the fastest-growing region in the electrical digital twin market.”
North America is expected to dominate the global electrical digital twin market between 2021–2026. North America has aging power infrastructures, which may increase the risk of a widespread blackout. Therefore, governments of different countries in this region are actively focusing on upgrading and replacing aging infrastructures for improved grid reliability and resilience, along with enabling smart electricity networks. Digital twin technologies help utilities in the region analyze and model their power generation operations amid the ever-changing generation resource mix.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, D-Level- 25%, and Others- 45%
By Region: North America- 33%, Europe- 27%, Asia Pacific- 20%,– 4%, and South America-12%, Middle East & Africa- 8%
Note: “Others” include sales managers, engineers, and regional managers
The tiers of the companies are defined based on their total revenue as of 2019: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: The electrical digital twin market is dominated by a few major players that have a wide regional presence. The leading players in the electrical digital twin market are ABB (Switzerland), General Electric (US), Siemens (Germany), Emerson (US), and AVEVA Group (UK). Some of the other major players include Schneider Electric (France), Microsoft (US), Wipro (India), SAS Institute (US), SAP (Germany), IBM (US), ANSYS (US), Bentley Systems (US), and others.
Study Coverage:
The report defines, describes, and forecasts the electrical digital twin market, by twin type, usage type, deployment type, end user, application, and geography. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the electrical digital twin market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key markets for electrical digital twin operations and services, which would help electrical digital twin providers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.
목차
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 DEFINITION 26
1.3 INCLUSIONS AND EXCLUSIONS 26
1.3.1 ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION 26
1.4 MARKET SCOPE 27
1.4.1 ELECTRICAL DIGITAL TWIN MARKET: SEGMENTATION 27
1.4.2 GEOGRAPHIC SCOPE 27
1.5 YEARS CONSIDERED 28
1.6 CURRENCY 28
1.7 LIMITATIONS 28
1.8 STAKEHOLDERS 29
1.9 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 1 ELECTRICAL DIGITAL TWIN MARKET: RESEARCH DESIGN 32
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 33
FIGURE 2 DATA TRIANGULATION METHODOLOGY 33
2.2.1 SECONDARY DATA 34
2.2.1.1 Key data from secondary sources 34
2.2.2 PRIMARY DATA 34
2.2.2.1 Key data from primary sources 35
2.2.2.2 Breakdown of primaries 35
2.3 MARKET SIZE ESTIMATION 36
2.3.1 BOTTOM-UP APPROACH 36
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 37
2.3.2 TOP-DOWN APPROACH 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.3.3 DEMAND SIDE METRICS 38
FIGURE 5 MAIN METRICS CONSIDERED FOR ANALYSING AND ASSESSING DEMAND FOR ELECTRICAL DIGITAL TWINS 38
2.3.3.1 Demand side calculations 38
2.3.3.2 Assumptions for demand side analysis 39
2.3.4 SUPPLY SIDE ANALYSIS 39
FIGURE 6 KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF ELECTRICAL DIGITAL TWINS 39
FIGURE 7 ELECTRICAL DIGITAL TWIN MARKET: SUPPLY SIDE ANALYSIS 40
2.3.4.1 Supply side calculations 40
2.3.4.2 Assumptions for supply side 40
2.3.5 FORECAST 40
3 EXECUTIVE SUMMARY 41
TABLE 1 ELECTRICAL DIGITAL TWIN MARKET SNAPSHOT 41
FIGURE 8 NORTH AMERICA DOMINATED ELECTRICAL DIGITAL TWIN MARKET IN 2020 42
FIGURE 9 DIGITAL GAS & STEAM POWER PLANT SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE, FROM 2021 TO 2026 43
FIGURE 10 SYSTEM DIGITAL TWIN SEGMENT TO LEAD ELECTRICAL DIGITAL TWIN MARKET DURING FORECAST PERIOD 43
FIGURE 11 ON-PREMISE SEGMENT TO HOLD LARGER SHARE OF ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, DURING FORECAST PERIOD 44
FIGURE 12 UTILITIES SEGMENT TO ACCOUNT FOR LARGER SHARE OF ELECTRICAL DIGITAL TWIN MARKET, BY END USER, DURING FORECAST PERIOD 44
FIGURE 13 ASSET PERFORMANCE MANAGEMENT SEGMENT TO ACCOUNT FOR LARGEST SHARE OF ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, FROM 2021 TO 2026 45
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRICAL DIGITAL TWIN MARKET 46
FIGURE 14 INTEGRATION OF RENEWABLE ENERGY INTO ELECTRIC DISTRIBUTION AND TRANSMISSION SYSTEMS AND DECENTRALIZATION OF DISTRIBUTED ENERGY RESOURCES TO DRIVE GROWTH OF ELECTRICAL DIGITAL TWIN MARKET BETWEEN 2021 AND 2026 46
4.2 ELECTRICAL DIGITAL TWIN MARKET, BY REGION 47
FIGURE 15 NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 47
4.3 NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE AND COUNTRY 47
FIGURE 16 DIGITAL GAS & STEAM POWER PLANT SEGMENT AND US HELD LARGEST SHARES OF NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET IN 2020 47
4.4 ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE 48
FIGURE 17 DIGITAL GAS & STEAM POWER PLANT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE, BY TWIN TYPE, BY 2026 48
4.5 ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE 48
FIGURE 18 SYSTEM DIGITAL TWIN SEGMENT TO DOMINATE ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE, IN 2026 48
4.6 ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE 48
FIGURE 19 CLOUD TO BE FASTEST-GROWING SEGMENT OF ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, BY 2026 48
4.7 ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION 49
FIGURE 20 ASSET PERFORMANCE MANAGEMENT SEGMENT TO DOMINATE ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, IN 2026 49
4.8 ELECTRICAL DIGITAL TWIN MARKET, BY END USER 49
FIGURE 21 UTILITIES SEGMENT TO DOMINATE ELECTRICAL DIGITAL TWIN MARKET,
BY END USER, IN 2026 49
5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 COVID-19 HEALTH ASSESSMENT 51
FIGURE 22 GLOBAL PROPAGATION OF COVID-19 51
FIGURE 23 PROPAGATION OF COVID-19 CASES IN SELECTED COUNTRIES 52
5.3 COVID-19 ECONOMIC ASSESSMENT 52
FIGURE 24 REVISED GDP FOR SELECTED G20 COUNTRIES IN 2020 52
5.4 MARKET DYNAMICS 53
FIGURE 25 ELECTRICAL DIGITAL TWIN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 53
5.4.1 DRIVERS 53
5.4.1.1 Integration of variable renewable energy and decentralization of distributed energy resources using electrical digital twins 53
FIGURE 26 GLOBAL POWER GENERATION, BY SOURCE, 2010–2020 54
5.4.1.2 Increase in efficiency and optimization of operations of power sector 54
5.4.1.3 Reduction in unplanned downtime and operation & maintenance costs 55
5.4.2 RESTRAINTS 56
5.4.2.1 System complexities and availability of accurate mathematical models 56
5.4.2.2 Data privacy and security concerns due to use of IoT and cloud platforms 57
5.4.3 OPPORTUNITIES 57
5.4.3.1 Emergence of Energy 4.0 and adoption of advanced technologies for implementation of digital twin applications 57
5.4.3.2 Achieving network-level optimization 58
5.4.3.3 Accelerated digital transformation across power sector due to COVID-19 59
5.4.4 CHALLENGES 60
5.4.4.1 Limited support for deployment from stakeholders 60
5.4.4.2 Lack of skilled workforce 60
5.4.4.3 Uncertainty of cost benefits involved in adoption of electrical digital twins 60
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 61
5.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ELECTRICAL DIGITAL TWIN PROVIDERS 61
FIGURE 27 REVENUE SHIFT FOR ELECTRICAL DIGITAL TWIN PROVIDERS 61
5.6 MARKET MAP 62
FIGURE 28 MARKET MAP: ELECTRICAL DIGITAL TWIN MARKET 62
5.7 VALUE CHAIN ANALYSIS 62
FIGURE 29 VALUE CHAIN ANALYSIS: ELECTRICAL DIGITAL TWIN MARKET 63
5.7.1 RESEARCH, DESIGN, AND DEVELOPMENT 63
5.7.2 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) 63
5.7.3 ELECTRICAL DIGITAL TWIN SOLUTION/SOFTWARE/SERVICE PROVIDERS 63
5.7.4 END USERS 64
5.8 TECHNOLOGY ANALYSIS 64
5.8.1 ELECTRICAL DIGITAL TWINS BASED ON DIFFERENT TECHNOLOGIES 64
5.8.1.1 Cloud/Software as a Service 64
5.8.1.2 Internet of Things (IoT) and Industrial Internet of Things (IIoT) 64
5.8.1.3 Blockchain 64
5.8.1.4 Artificial Intelligence (AI) and Machine Learning (ML) 65
5.8.1.5 Augmented Reality (AR) 65
5.8.1.6 5G 65
5.9 ELECTRICAL DIGITAL TWIN MARKET: CODES AND REGULATIONS 65
TABLE 2 ELECTRICAL DIGITAL TWIN: CODES AND REGULATIONS 66
5.10 INNOVATIONS AND PATENT REGISTRATIONS 67
TABLE 3 ELECTRICAL DIGITAL TWIN: INNOVATIONS AND PATENT REGISTRATIONS, NOVEMBER 2016–SEPTEMBER 2021 67
5.11 PORTER’S FIVE FORCES ANALYSIS 70
FIGURE 30 PORTER’S FIVE FORCES ANALYSIS FOR ELECTRICAL DIGITAL TWIN MARKET 71
TABLE 4 ELECTRICAL DIGITAL TWIN MARKET: PORTER’S FIVE FORCES ANALYSIS 71
5.11.1 THREAT OF SUBSTITUTES 71
5.11.2 BARGAINING POWER OF SUPPLIERS 72
5.11.3 BARGAINING POWER OF BUYERS 72
5.11.4 THREAT OF NEW ENTRANTS 72
5.11.5 INTENSITY OF COMPETITIVE RIVALRY 73
5.12 CASE STUDY ANALYSIS 73
TABLE 5 ELECTRICAL DIGITAL TWIN MARKET: CASE STUDY ANALYSIS 73
6 ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE 75
6.1 INTRODUCTION 76
FIGURE 31 ELECTRICAL DIGITAL TWIN MARKET SHARE, BY TWIN TYPE, 2020 (%) 76
TABLE 6 ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE, 2019–2026 (USD MILLION) 77
6.2 DIGITAL GAS & STEAM POWER PLANT 77
6.2.1 GROWING NEED TO ENHANCE EFFICIENCY AND REDUCE FUEL CONSUMPTION AND ENVIRONMENTAL EMISSIONS TO INCREASE IMPLEMENTATION OF DIGITAL GAS & STEAM POWER PLANTS 77
TABLE 7 ELECTRICAL DIGITAL TWIN MARKET FOR DIGITAL GAS & STEAM POWER PLANT, BY REGION, 2019–2026 (USD MILLION) 78
6.3 DIGITAL WIND FARM 78
6.3.1 GROWING NEED FOR ENHANCING TURBINE UPTIME TO DRIVE GROWTH OF DIGITAL WIND FARMS 78
TABLE 8 ELECTRICAL DIGITAL TWIN MARKET FOR DIGITAL WIND FIND, BY REGION, 2019–2026 (USD MILLION) 79
6.4 DIGITAL GRID 79
6.4.1 RISING NEED FOR INTEGRATING RENEWABLES WITH GRIDS TO BOOST DEMAND FOR PROCESS DIGITAL TWINS 79
TABLE 9 ELECTRICAL DIGITAL TWIN MARKET FOR DIGITAL GRID, BY REGION,
2019–2026 (USD MILLION) 80
6.5 DIGITAL HYDROPOWER PLANT 80
6.5.1 INCREASING FOCUS ON MAINTAINING INTEGRITY OF ASSETS TO DRIVE DEMAND FOR DIGITAL HYDROPOWER PLANTS 80
TABLE 10 ELECTRICAL DIGITAL TWIN MARKET FOR DIGITAL HYDROPOWER PLANT, BY REGION, 2019–2026 (USD MILLION) 81
6.6 DISTRIBUTED ENERGY RESOURCES 81
6.6.1 GROWING NEED FOR REAL-TIME MONITORING, CONTROLLING, AND OPTIMIZATION OF DISTRIBUTED ENERGY SOURCES TO BOOST GROWTH OF SEGMENT 81
TABLE 11 ELECTRICAL DIGITAL TWIN MARKET FOR DISTRIBUTED ENERGY RESOURCES, BY REGION, 2019–2026 (USD MILLION) 82
7 ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE 83
7.1 INTRODUCTION 84
FIGURE 32 ELECTRICAL DIGITAL TWIN MARKET SHARE, BY USAGE TYPE, 2020 (%) 84
TABLE 12 ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE,
2019–2026 (USD MILLION) 84
7.2 PRODUCT DIGITAL TWIN 85
7.2.1 GROWING NEED FOR ASSET MONITORING AND PERFORMANCE MANAGEMENT TO INCREASE IMPLEMENTATION OF ELECTRICAL PRODUCT DIGITAL TWINS 85
TABLE 13 PRODUCT ELECTRICAL DIGITAL TWIN MARKET, BY REGION,
2019–2026 (USD MILLION) 85
7.3 PROCESS DIGITAL TWIN 85
7.3.1 GROWING NEED FOR ENHANCING WORKFLOW EFFICIENCY AND PROCESS OPTIMIZATION TO DRIVE GROWTH OF PROCESS DIGITAL TWIN SEGMENT 85
TABLE 14 PROCESS ELECTRICAL DIGITAL TWIN MARKET, BY REGION,
2019–2026 (USD MILLION) 86
7.4 SYSTEM DIGITAL TWIN 86
7.4.1 GROWING NEED FOR ACHIEVING NETWORK-LEVEL OPTIMIZATION TO FUEL DEMAND FOR SYSTEM DIGITAL TWINS 86
TABLE 15 SYSTEM ELECTRICAL DIGITAL TWIN MARKET, BY REGION,
2019–2026 (USD MILLION) 87
8 ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE 88
8.1 INTRODUCTION 89
FIGURE 33 ELECTRICAL DIGITAL TWIN MARKET SHARE, BY DEPLOYMENT TYPE, 2020 89
TABLE 16 ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE,
2019–2026 (USD MILLION) 89
8.2 ON-PREMISE 90
8.2.1 SECURITY CONCERNS RELATED TO SENSITIVE DATA TO FUEL DEMAND FOR ON-PREMISE DEPLOYMENT TYPE 90
TABLE 17 ELECTRICAL DIGITAL TWIN MARKET FOR ON-PREMISE DEPLOYMENT, BY REGION, 2019–2026 (USD MILLION) 90
8.3 CLOUD 91
8.3.1 EASE OF DEPLOYMENT, COST-EFFECTIVENESS, AND SCALABILITY TO DRIVE DEMAND FOR CLOUD DEPLOYMENT OF ELECTRICAL DIGITAL TWINS 91
TABLE 18 ELECTRICAL DIGITAL TWIN MARKET FOR CLOUD DEPLOYMENT, BY REGION, 2019–2026 (USD MILLION) 91
9 ELECTRICAL DIGITAL TWIN MARKET, BY END USER 92
9.1 INTRODUCTION 93
FIGURE 34 ELECTRICAL DIGITAL TWIN MARKET SHARE, BY END USER, 2020 (%) 93
TABLE 19 ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 93
9.2 UTILITIES 94
9.2.1 GROWING ADOPTION OF RENEWABLE ENERGY AND ADVANCED DIGITAL TECHNOLOGIES TO DRIVE GROWTH OF UTILITIES SEGMENT 94
TABLE 20 ELECTRICAL DIGITAL TWIN MARKET FOR UTILITIES, BY REGION,
2019–2026 (USD MILLION) 95
9.3 GRID INFRASTRUCTURE OPERATORS 95
9.3.1 GROWING NEED FOR GRID MODERNIZATION TO BOOST GROWTH OF ELECTRICAL DIGITAL TWIN MARKET 95
TABLE 21 ELECTRICAL DIGITAL TWIN MARKET FOR GRID INFRASTRUCTURE OPERATORS, BY REGION, 2019–2026 (USD MILLION) 96
10 ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION 97
10.1 INTRODUCTION 98
FIGURE 35 ELECTRICAL DIGITAL TWIN MARKET SHARE, BY APPLICATION, 2020 (%) 98
TABLE 22 ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 98
10.2 ASSET PERFORMANCE MANAGEMENT 99
10.2.1 GROWING NEED FOR CONTINUOUS MONITORING AND PREDICTIVE MAINTENANCE OF ASSETS TO DRIVE GROWTH OF ASSET PERFORMANCE MANAGEMENT SEGMENT 99
10.2.1.1 Equipment health 99
10.2.1.2 Reliability management 100
10.2.1.3 Maintenance optimization 100
TABLE 23 ELECTRICAL DIGITAL TWIN MARKET FOR ASSET PERFORMANCE MANAGEMENT, BY REGION, 2019–2026 (USD MILLION) 100
10.3 BUSINESS & OPERATIONS OPTIMIZATION 101
10.3.1 GROWING NEED FOR OPERATIONAL FLEXIBILITY AND REDUCING DOWNTIME TO BOOST GROWTH OF BUSINESS & OPERATIONS OPTIMIZATION SEGMENT 101
10.3.1.1 Operational flexibility 101
10.3.1.2 Outage management 102
TABLE 24 ELECTRICAL DIGITAL TWIN MARKET FOR BUSINESS & OPERATIONS OPTIMIZATION, BY REGION, 2019–2026 (USD MILLION) 102
11 GEOGRAPHIC ANALYSIS 103
11.1 INTRODUCTION 104
FIGURE 36 ELECTRICAL DIGITAL TWIN MARKET SHARE, BY REGION, 2020 (%) 104
FIGURE 37 NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET TO REGISTER HIGHEST CAGR FROM 2021 TO 2026 105
TABLE 25 ELECTRICAL DIGITAL TWIN MARKET, BY REGION, 2019–2026 (USD MILLION) 105
11.2 NORTH AMERICA 106
FIGURE 38 SNAPSHOT: NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET 107
TABLE 26 NORTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE,
2019–2026 (USD MILLION) 107
TABLE 27 NORTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE, 2019–2026 (USD MILLION) 108
TABLE 28 NORTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, 2019–2026 (USD MILLION) 108
TABLE 29 NORTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 108
TABLE 30 NORTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 109
TABLE 31 NORTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 109
11.2.1 US 109
11.2.1.1 Initiatives to upgrade aging infrastructure and increasing federal and private investments to drive growth of US electrical digital twin market 109
TABLE 32 US ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 110
11.2.2 CANADA 110
11.2.2.1 Growing adoption of renewables and advanced technologies to boost demand for electrical digital twins in Canada 110
TABLE 33 CANADA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 111
11.2.3 MEXICO 111
11.2.3.1 Increasing investments in renewables and decarbonization of Mexican power sector to fuel demand for electrical digital twins 111
TABLE 34 MEXICO ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 112
11.3 EUROPE 112
FIGURE 39 SNAPSHOT: EUROPEAN ELECTRICAL DIGITAL TWIN MARKET 113
TABLE 35 EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE,
2019–2026 (USD MILLION) 114
TABLE 36 EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE,
2019–2026 (USD MILLION) 114
TABLE 37 EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE,
2019–2026 (USD MILLION) 114
TABLE 38 EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 115
TABLE 39 EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 115
TABLE 40 EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 115
11.3.1 GERMANY 116
11.3.1.1 Growing need to ensure grid stability to drive growth of German market 116
TABLE 41 GERMANY ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 116
11.3.2 UK 117
11.3.2.1 Growing demand for wind energy to increase deployment of electrical digital twins in UK 117
TABLE 42 UK ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 117
11.3.3 FRANCE 118
11.3.3.1 Digitalization of legacy infrastructure and growing need for improving operational efficiency to boost demand for electrical digital twins in France 118
TABLE 43 FRANCE ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 118
11.3.4 NORDIC COUNTRIES 119
11.3.4.1 Growing preference for real-time and remote monitoring of wind farms to boost market growth 119
TABLE 44 THE NORDIC COUNTRIES ELECTRICAL DIGITAL TWIN MARKET, BY END USER, 2019–2026 (USD MILLION) 119
11.3.5 REST OF EUROPE 120
TABLE 45 REST OF EUROPE ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 120
11.4 ASIA PACIFIC 120
TABLE 46 ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE,
2019–2026 (USD MILLION) 121
TABLE 47 ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE,
2019–2026 (USD MILLION) 121
TABLE 48 ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, 2019–2026 (USD MILLION) 122
TABLE 49 ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 122
TABLE 50 ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 122
TABLE 51 ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 123
11.4.1 CHINA 123
11.4.1.1 Increasing renewable capacity addition and development of electric vehicle charging infrastructure to fuel market growth 123
TABLE 52 CHINA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 124
11.4.2 JAPAN 124
11.4.2.1 Increasing private and public investments in renewable capacity addition to drive growth of electrical digital twin market in Japan 124
TABLE 53 JAPAN ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 125
11.4.3 AUSTRALIA 126
11.4.3.1 Increasing demand for grid reliability and energy security to boost market growth in Australia 126
TABLE 54 AUSTRALIA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 126
11.4.4 REST OF ASIA PACIFIC 127
TABLE 55 REST OF ASIA PACIFIC ELECTRICAL DIGITAL TWIN MARKET, BY END USER, 2019–2026 (USD MILLION) 128
11.5 SOUTH AMERICA 128
TABLE 56 SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE,
2019–2026 (USD MILLION) 129
TABLE 57 SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE, 2019–2026 (USD MILLION) 129
TABLE 58 SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, 2019–2026 (USD MILLION) 129
TABLE 59 SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 130
TABLE 60 SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 130
TABLE 61 SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 130
11.5.1 BRAZIL 131
11.5.1.1 Increasing government-led investments to improve reliability of power generation, transmission, and distribution assets to fuel market growth 131
TABLE 62 BRAZIL ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 131
11.5.2 ARGENTINA 132
11.5.2.1 Growing demand for renewable energy and need for improving operational efficiency to fuel demand for electrical digital twins in Argentina 132
TABLE 63 ARGENTINA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 132
11.5.3 REST OF SOUTH AMERICA 133
TABLE 64 REST OF SOUTH AMERICA ELECTRICAL DIGITAL TWIN MARKET, BY END USER, 2019–2026 (USD MILLION) 133
11.6 MIDDLE EAST & AFRICA 133
TABLE 65 MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE, 2019–2026 (USD MILLION) 134
TABLE 66 MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY USAGE TYPE, 2019–2026 (USD MILLION) 135
TABLE 67 MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, 2019–2026 (USD MILLION) 135
TABLE 68 MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY END USER, 2019–2026 (USD MILLION) 135
TABLE 69 MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 135
TABLE 70 MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 136
11.6.1 SAUDI ARABIA 136
11.6.1.1 Grid modernization and digitalization initiatives to boost market growth in Saudi Arabia 136
TABLE 71 SAUDI ARABIA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 137
11.6.2 UAE 137
11.6.2.1 Rising investments in renewable energy and grid expansion projects to create demand for electrical digital twins in Argentina 137
TABLE 72 UAE ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 138
11.6.3 SOUTH AFRICA 139
11.6.3.1 Growing need to prevent outages and improve energy efficiency to fuel growth of electrical digital twin market in South Africa 139
TABLE 73 SOUTH AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY END USER,
2019–2026 (USD MILLION) 139
11.6.4 REST OF MIDDLE EAST & AFRICA 140
TABLE 74 REST OF MIDDLE EAST & AFRICA ELECTRICAL DIGITAL TWIN MARKET, BY END USER, 2019–2026 (USD MILLION) 140
12 COMPETITIVE LANDSCAPE 141
12.1 KEY PLAYERS STRATEGIES 141
TABLE 75 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, JANUARY 2017–SEPTEMBER 2021 141
12.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 143
TABLE 76 ELECTRICAL DIGITAL TWIN MARKET: DEGREE OF COMPETITION 144
FIGURE 40 ELECTRICAL DIGITAL TWIN MARKET SHARE ANALYSIS, 2020 144
12.3 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS 145
FIGURE 41 TOP PLAYERS IN ELECTRICAL DIGITAL TWIN MARKET FROM 2016 TO 2020 145
12.4 COMPANY EVALUATION QUADRANT 146
12.4.1 STAR 146
12.4.2 PERVASIVE 146
12.4.3 EMERGING LEADER 146
12.4.4 PARTICIPANT 146
FIGURE 42 COMPETITIVE LEADERSHIP MAPPING: ELECTRICAL DIGITAL TWIN MARKET, 2020 147
TABLE 77 APPLICATION: COMPANY FOOTPRINT 147
TABLE 78 END USER: COMPANY FOOTPRINT 148
TABLE 79 REGION: COMPANY FOOTPRINT 149
TABLE 80 COMPANY FOOTPRINT 150
12.5 COMPETITIVE SCENARIO 151
TABLE 81 ELECTRICAL DIGITAL TWIN MARKET: PRODUCT LAUNCHES,
APRIL 2019–JULY 2021 151
TABLE 82 ELECTRICAL DIGITAL TWIN MARKET: DEALS, NOVEMBER 2019–JUNE 2021 152
TABLE 83 ELECTRICAL DIGITAL TWIN MARKET: OTHERS,
DECEMBER 2018–SEPTEMBER 2021 153
13 COMPANY PROFILES 154
13.1 KEY PLAYERS 154
(Business and financial overview, Products offered, Recent developments, and MNM view)*
13.1.1 ABB 154
TABLE 84 ABB: BUSINESS OVERVIEW 154
FIGURE 43 ABB: COMPANY SNAPSHOT 155
TABLE 85 ABB: PRODUCTS OFFERED 155
TABLE 86 ABB: PRODUCT LAUNCHES 156
TABLE 87 ABB: DEALS 157
13.1.2 AVEVA GROUP 160
TABLE 88 AVEVA: BUSINESS OVERVIEW 160
FIGURE 44 AVEVA GROUP: COMPANY SNAPSHOT 160
TABLE 89 AVEVA GROUP: PRODUCTS OFFERED 161
TABLE 90 AVEVA GROUP: DEALS 162
13.1.3 GENERAL ELECTRIC 163
TABLE 91 GENERAL ELECTRIC: BUSINESS OVERVIEW 163
FIGURE 45 GENERAL ELECTRIC: COMPANY SNAPSHOT 164
TABLE 92 GENERAL ELECTRIC: PRODUCTS OFFERED 164
TABLE 93 GENERAL ELECTRIC: PRODUCT LAUNCHES 166
TABLE 94 GENERAL ELECTRIC: DEALS 168
TABLE 95 GENERAL ELECTRIC: OTHERS 169
13.1.4 SIEMENS 171
TABLE 96 SIEMENS: BUSINESS OVERVIEW 171
FIGURE 46 SIEMENS: COMPANY SNAPSHOT 172
TABLE 97 SIEMENS: PRODUCTS OFFERED 172
TABLE 98 SIEMENS: PRODUCT LAUNCHES 174
TABLE 99 SIEMENS: DEALS 174
13.1.5 EMERSON 176
TABLE 100 EMERSON: BUSINESS OVERVIEW 176
FIGURE 47 EMERSON: COMPANY SNAPSHOT 177
TABLE 101 EMERSON: PRODUCTS OFFERED 177
TABLE 102 EMERSON: PRODUCT LAUNCHES 178
TABLE 103 EMERSON: DEALS 178
13.1.6 ETTEPLAN 180
TABLE 104 ETTEPLAN: BUSINESS OVERVIEW 180
FIGURE 48 ETTEPLAN: COMPANY SNAPSHOT 181
TABLE 105 ETTEPLAN: PRODUCTS OFFERED 181
TABLE 106 ETTEPLAN: DEALS 182
TABLE 107 ETTEPLAN: OTHERS 182
13.1.7 WIPRO 183
TABLE 108 WIPRO: BUSINESS OVERVIEW 183
FIGURE 49 WIPRO: COMPANY SNAPSHOT 184
TABLE 109 WIPRO: PRODUCTS OFFERED 184
TABLE 110 WIPRO: DEALS 185
TABLE 111 WIPRO: OTHERS 185
13.1.8 MIRCOSOFT 186
TABLE 112 MICROSOFT: BUSINESS OVERVIEW 186
FIGURE 50 MICROSOFT: COMPANY SNAPSHOT 187
TABLE 113 MICROSOFT: PRODUCTS OFFERED 187
TABLE 114 MICROSOFT: PRODUCT LAUNCHES 188
TABLE 115 MICROSOFT: DEALS 188
13.1.9 IBM 189
TABLE 116 IBM: BUSINESS OVERVIEW 189
FIGURE 51 IBM: COMPANY SNAPSHOT 190
TABLE 117 IBM: PRODUCTS OFFERED 190
TABLE 118 IBM: PRODUCT LAUNCHES 191
TABLE 119 IBM: DEALS 191
13.1.10 SCHNEIDER ELECTRIC 193
TABLE 120 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW 193
FIGURE 52 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 194
TABLE 121 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 194
TABLE 122 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 195
TABLE 123 SCHNEIDER ELECTRIC: DEALS 195
13.1.11 SAP 196
TABLE 124 SAP: BUSINESS OVERVIEW 196
FIGURE 53 SAP: COMPANY SNAPSHOT 197
TABLE 125 SAP: PRODUCTS OFFERED 197
TABLE 126 SAP: PRODUCT LAUNCHES 198
TABLE 127 SAP: DEALS 198
13.1.12 ANSYS 199
TABLE 128 ANSYS: BUSINESS OVERVIEW 199
FIGURE 54 ANSYS: COMPANY SNAPSHOT 199
TABLE 129 ANSYS: PRODUCTS OFFERED 200
TABLE 130 ANSYS: PRODUCT LAUNCHES 200
TABLE 131 ANSYS: DEALS 200
13.1.13 BENTLEY SYSTEMS 202
TABLE 132 BENTLEY SYSTEMS: BUSINESS OVERVIEW 202
FIGURE 55 BENTLEY SYSTEMS: COMPANY SNAPSHOT 202
TABLE 133 BENTLEY SYSTEMS: PRODUCTS OFFERED 203
TABLE 134 BENTLEY SYSTEMS: PRODUCT LAUNCHES 203
TABLE 135 BENTLEY SYSTEMS: DEALS 204
13.1.14 FUJITSU 205
TABLE 136 FUJITSU: BUSINESS OVERVIEW 205
FIGURE 56 FUJITSU: COMPANY SNAPSHOT 206
TABLE 137 FUJITSU: PRODUCTS OFFERED 206
TABLE 138 FUJITSU: PRODUCT LAUNCHES 207
TABLE 139 FUJITSU: OTHERS 207
13.1.15 ACPD SERVICES 208
TABLE 140 ACPD SERVICES: BUSINESS OVERVIEW 208
TABLE 141 ACPD SERVICES: PRODUCTS OFFERED 208
13.2 OTHER PLAYERS 209
13.2.1 ORACLE 209
13.2.2 SAS INSTITUTE 210
13.2.3 ALTAIR ENGINEERING 211
13.2.4 DNV 212
13.2.5 PHDSOFT 212
*Details on Business and financial overview, Products offered, Recent developments, and MNM view might not be captured in case of unlisted companies.
14 APPENDIX 213
14.1 INSIGHTS OF INDUSTRY EXPERTS 213
14.2 DISCUSSION GUIDE 213
14.3 NOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 218
14.4 AVAILABLE CUSTOMIZATIONS 220
14.5 RELATED REPORTS 220
14.6 AUTHOR DETAILS 221
お問合せフォーム
