Global Electrical Digital Twin Software Market Research Report 2024

Publication ID:

PB506246443

Publication Date:

June 7, 2024

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

IT Services [2]

Computing & Electronics [3]

Description:

Electrical digital twin is a near-real-time digital image about the historical and current behavior of a physical object or process that helps optimize business performance.
Digital twins exist at the nexus of physical engineering, data science, and machine learning, and their value translates directly to measurable business outcomes鈥攔educed asset downtime and maintenance costs, improved plant and factory efficiency, reduced cycle times, and increased market agility.
The global Electrical Digital Twin Software market was valued at US$ 3853 million in 2023 and is anticipated to reach US$ 13660 million by 2030, witnessing a CAGR of 19.4% during the forecast period 2024-2030.
The industry's leading producers are General Electric, PTC and Siemens, with revenues of 31.51%, 9.26% and 26.46% respectively in 2019.
This report aims to provide a comprehensive presentation of the global market for Electrical Digital Twin Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical Digital Twin Software.
Report Scope
The Electrical Digital Twin Software market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electrical Digital Twin Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Digital Twin Software companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Segment by Type
System Twin
Process Twin
Product Twin
Parts Twin
Segment by Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electrical Digital Twin Software companies鈥� competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electrical Digital Twin Software Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 System Twin
1.2.3 Process Twin
1.2.4 Product Twin
1.2.5 Parts Twin
1.3 Market by Application
1.3.1 Global Electrical Digital Twin Software Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Aerospace & Defense
1.3.3 Automotive & Transportation
1.3.4 Machine Manufacturing
1.3.5 Energy & Utilities
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electrical Digital Twin Software Market Perspective (2019-2030)
2.2 Electrical Digital Twin Software Growth Trends by Region
2.2.1 Global Electrical Digital Twin Software Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Electrical Digital Twin Software Historic Market Size by Region (2019-2024)
2.2.3 Electrical Digital Twin Software Forecasted Market Size by Region (2025-2030)
2.3 Electrical Digital Twin Software Market Dynamics
2.3.1 Electrical Digital Twin Software Industry Trends
2.3.2 Electrical Digital Twin Software Market Drivers
2.3.3 Electrical Digital Twin Software Market Challenges
2.3.4 Electrical Digital Twin Software Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electrical Digital Twin Software Players by Revenue
3.1.1 Global Top Electrical Digital Twin Software Players by Revenue (2019-2024)
3.1.2 Global Electrical Digital Twin Software Revenue Market Share by Players (2019-2024)
3.2 Global Electrical Digital Twin Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Electrical Digital Twin Software Revenue
3.4 Global Electrical Digital Twin Software Market Concentration Ratio
3.4.1 Global Electrical Digital Twin Software Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electrical Digital Twin Software Revenue in 2023
3.5 Electrical Digital Twin Software Key Players Head office and Area Served
3.6 Key Players Electrical Digital Twin Software Product Solution and Service
3.7 Date of Enter into Electrical Digital Twin Software Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Electrical Digital Twin Software Breakdown Data by Type
4.1 Global Electrical Digital Twin Software Historic Market Size by Type (2019-2024)
4.2 Global Electrical Digital Twin Software Forecasted Market Size by Type (2025-2030)
5 Electrical Digital Twin Software Breakdown Data by Application
5.1 Global Electrical Digital Twin Software Historic Market Size by Application (2019-2024)
5.2 Global Electrical Digital Twin Software Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Electrical Digital Twin Software Market Size (2019-2030)
6.2 North America Electrical Digital Twin Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Electrical Digital Twin Software Market Size by Country (2019-2024)
6.4 North America Electrical Digital Twin Software Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electrical Digital Twin Software Market Size (2019-2030)
7.2 Europe Electrical Digital Twin Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Electrical Digital Twin Software Market Size by Country (2019-2024)
7.4 Europe Electrical Digital Twin Software Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electrical Digital Twin Software Market Size (2019-2030)
8.2 Asia-Pacific Electrical Digital Twin Software Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Electrical Digital Twin Software Market Size by Region (2019-2024)
8.4 Asia-Pacific Electrical Digital Twin Software Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electrical Digital Twin Software Market Size (2019-2030)
9.2 Latin America Electrical Digital Twin Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Electrical Digital Twin Software Market Size by Country (2019-2024)
9.4 Latin America Electrical Digital Twin Software Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electrical Digital Twin Software Market Size (2019-2030)
10.2 Middle East & Africa Electrical Digital Twin Software Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Electrical Digital Twin Software Market Size by Country (2019-2024)
10.4 Middle East & Africa Electrical Digital Twin Software Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 General Electric
11.1.1 General Electric Company Detail
11.1.2 General Electric Business Overview
11.1.3 General Electric Electrical Digital Twin Software Introduction
11.1.4 General Electric Revenue in Electrical Digital Twin Software Business (2019-2024)
11.1.5 General Electric Recent Development
11.2 PTC
11.2.1 PTC Company Detail
11.2.2 PTC Business Overview
11.2.3 PTC Electrical Digital Twin Software Introduction
11.2.4 PTC Revenue in Electrical Digital Twin Software Business (2019-2024)
11.2.5 PTC Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Electrical Digital Twin Software Introduction
11.3.4 Siemens Revenue in Electrical Digital Twin Software Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Dassault Syst猫mes
11.4.1 Dassault Syst猫mes Company Detail
11.4.2 Dassault Syst猫mes Business Overview
11.4.3 Dassault Syst猫mes Electrical Digital Twin Software Introduction
11.4.4 Dassault Syst猫mes Revenue in Electrical Digital Twin Software Business (2019-2024)
11.4.5 Dassault Syst猫mes Recent Development
11.5 IBM Corporation
11.5.1 IBM Corporation Company Detail
11.5.2 IBM Corporation Business Overview
11.5.3 IBM Corporation Electrical Digital Twin Software Introduction
11.5.4 IBM Corporation Revenue in Electrical Digital Twin Software Business (2019-2024)
11.5.5 IBM Corporation Recent Development
11.6 ANSYS
11.6.1 ANSYS Company Detail
11.6.2 ANSYS Business Overview
11.6.3 ANSYS Electrical Digital Twin Software Introduction
11.6.4 ANSYS Revenue in Electrical Digital Twin Software Business (2019-2024)
11.6.5 ANSYS Recent Development
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Detail
11.7.2 Microsoft Corporation Business Overview
11.7.3 Microsoft Corporation Electrical Digital Twin Software Introduction
11.7.4 Microsoft Corporation Revenue in Electrical Digital Twin Software Business (2019-2024)
11.7.5 Microsoft Corporation Recent Development
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Detail
11.8.2 Oracle Corporation Business Overview
11.8.3 Oracle Corporation Electrical Digital Twin Software Introduction
11.8.4 Oracle Corporation Revenue in Electrical Digital Twin Software Business (2019-2024)
11.8.5 Oracle Corporation Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Companies Mentioned:

General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation

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