
Real Time Digital Simulation System (RTDS) is the product of the development of digital simulation technology, computer technology and parallel processing technology. It not only has the characteristics of digital simulation, but more importantly, through the adoption of parallel processing technology and the design of specialized hardware, it ensures the real-time performance of RTDS operation and the ability to have closed-loop testing. RTDS can complete real-time simulation operations of large-scale power systems in extremely short steps (such as 50 microseconds), providing an effective means for engineers and technicians in the field of power systems to study complex power system phenomena.
The real-time digital simulation system is essentially a parallel computer system specially designed to realize real-time simulation of the transient process of the power system. Its hardware mainly consists of a background workstation and several layers of 6U chassis. The background workstation usually runs the graphical user interface PSCAD and communicates with the RTDS real-time simulation chassis using Ethernet. The simulation software platform (such as RSCAD) and hardware platform (such as NovaCor) of RTDS are specially designed for real-time simulation of power systems. They can run in real time and combine the advantages of digital simulation software and analog simulators.
In short, the real-time digital simulation system is a high-performance power system simulation tool that can provide powerful support for research and testing in the power system field.
The global Real-Time Digital Simulation System(RTDS) market was valued at US$ 604 million in 2023 and is anticipated to reach US$ 920 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
As power systems continue to expand in size and complexity, the demand for simulation technology continues to grow. As a high-performance real-time digital simulation system, RTDS plays an important role in the fields of power system planning, design, operation and control. Therefore, the RTDS market size has shown a steady growth trend in recent years. In addition, RTDS was initially mainly used for power system simulation, but in recent years its application fields have been continuously expanded. For example, RTDS has been successfully used in power electronics, new energy, smart grid and other fields. In general, real-time digital simulation system (RTDS) has broad market prospects and application prospects in the field of power system simulation.
This report aims to provide a comprehensive presentation of the global market for Real-Time Digital Simulation System(RTDS), 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 Real-Time Digital Simulation System(RTDS).
The Real-Time Digital Simulation System(RTDS) market size, estimations, and forecasts are provided in terms of and 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 Real-Time Digital Simulation System(RTDS) 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 Real-Time Digital Simulation System(RTDS) companies, new entrants, and industry chain related companies in this market with information on the revenues 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
RTDS Technologies
ModelingTech Energy Technology
Nayak
Shanghai Aifei Electronic Technology
POWER
CIRCE
IncSys
CAPS
Segment by Type
Hardware-in-the-loop Simulation
Software-in-the-loop Simulation
Hybrid Simulation
Segment by Application
Automobile Industry
Aerospace and Defense
Energy and Power Systems
Transportation
Telecommunications and Networking
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
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 Real-Time Digital Simulation System(RTDS) company 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.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Real-Time Digital Simulation System(RTDS) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware-in-the-loop Simulation
1.2.3 Software-in-the-loop Simulation
1.2.4 Hybrid Simulation
1.3 Market by Application
1.3.1 Global Real-Time Digital Simulation System(RTDS) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Automobile Industry
1.3.3 Aerospace and Defense
1.3.4 Energy and Power Systems
1.3.5 Transportation
1.3.6 Telecommunications and Networking
1.3.7 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Real-Time Digital Simulation System(RTDS) Market Perspective (2019-2030)
2.2 Global Real-Time Digital Simulation System(RTDS) Growth Trends by Region
2.2.1 Global Real-Time Digital Simulation System(RTDS) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Real-Time Digital Simulation System(RTDS) Historic Market Size by Region (2019-2024)
2.2.3 Real-Time Digital Simulation System(RTDS) Forecasted Market Size by Region (2025-2030)
2.3 Real-Time Digital Simulation System(RTDS) Market Dynamics
2.3.1 Real-Time Digital Simulation System(RTDS) Industry Trends
2.3.2 Real-Time Digital Simulation System(RTDS) Market Drivers
2.3.3 Real-Time Digital Simulation System(RTDS) Market Challenges
2.3.4 Real-Time Digital Simulation System(RTDS) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Real-Time Digital Simulation System(RTDS) Players by Revenue
3.1.1 Global Top Real-Time Digital Simulation System(RTDS) Players by Revenue (2019-2024)
3.1.2 Global Real-Time Digital Simulation System(RTDS) Revenue Market Share by Players (2019-2024)
3.2 Global Real-Time Digital Simulation System(RTDS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Real-Time Digital Simulation System(RTDS) Revenue
3.4 Global Real-Time Digital Simulation System(RTDS) Market Concentration Ratio
3.4.1 Global Real-Time Digital Simulation System(RTDS) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Real-Time Digital Simulation System(RTDS) Revenue in 2023
3.5 Global Key Players of Real-Time Digital Simulation System(RTDS) Head office and Area Served
3.6 Global Key Players of Real-Time Digital Simulation System(RTDS), Product and Application
3.7 Global Key Players of Real-Time Digital Simulation System(RTDS), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Real-Time Digital Simulation System(RTDS) Breakdown Data by Type
4.1 Global Real-Time Digital Simulation System(RTDS) Historic Market Size by Type (2019-2024)
4.2 Global Real-Time Digital Simulation System(RTDS) Forecasted Market Size by Type (2025-2030)
5 Real-Time Digital Simulation System(RTDS) Breakdown Data by Application
5.1 Global Real-Time Digital Simulation System(RTDS) Historic Market Size by Application (2019-2024)
5.2 Global Real-Time Digital Simulation System(RTDS) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Real-Time Digital Simulation System(RTDS) Market Size (2019-2030)
6.2 North America Real-Time Digital Simulation System(RTDS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Real-Time Digital Simulation System(RTDS) Market Size by Country (2019-2024)
6.4 North America Real-Time Digital Simulation System(RTDS) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Real-Time Digital Simulation System(RTDS) Market Size (2019-2030)
7.2 Europe Real-Time Digital Simulation System(RTDS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Real-Time Digital Simulation System(RTDS) Market Size by Country (2019-2024)
7.4 Europe Real-Time Digital Simulation System(RTDS) 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 Real-Time Digital Simulation System(RTDS) Market Size (2019-2030)
8.2 Asia-Pacific Real-Time Digital Simulation System(RTDS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Real-Time Digital Simulation System(RTDS) Market Size by Region (2019-2024)
8.4 Asia-Pacific Real-Time Digital Simulation System(RTDS) 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 Real-Time Digital Simulation System(RTDS) Market Size (2019-2030)
9.2 Latin America Real-Time Digital Simulation System(RTDS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Real-Time Digital Simulation System(RTDS) Market Size by Country (2019-2024)
9.4 Latin America Real-Time Digital Simulation System(RTDS) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Real-Time Digital Simulation System(RTDS) Market Size (2019-2030)
10.2 Middle East & Africa Real-Time Digital Simulation System(RTDS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Real-Time Digital Simulation System(RTDS) Market Size by Country (2019-2024)
10.4 Middle East & Africa Real-Time Digital Simulation System(RTDS) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 RTDS Technologies
11.1.1 RTDS Technologies Company Details
11.1.2 RTDS Technologies Business Overview
11.1.3 RTDS Technologies Real-Time Digital Simulation System(RTDS) Introduction
11.1.4 RTDS Technologies Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.1.5 RTDS Technologies Recent Development
11.2 ModelingTech Energy Technology
11.2.1 ModelingTech Energy Technology Company Details
11.2.2 ModelingTech Energy Technology Business Overview
11.2.3 ModelingTech Energy Technology Real-Time Digital Simulation System(RTDS) Introduction
11.2.4 ModelingTech Energy Technology Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.2.5 ModelingTech Energy Technology Recent Development
11.3 Nayak
11.3.1 Nayak Company Details
11.3.2 Nayak Business Overview
11.3.3 Nayak Real-Time Digital Simulation System(RTDS) Introduction
11.3.4 Nayak Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.3.5 Nayak Recent Development
11.4 Shanghai Aifei Electronic Technology
11.4.1 Shanghai Aifei Electronic Technology Company Details
11.4.2 Shanghai Aifei Electronic Technology Business Overview
11.4.3 Shanghai Aifei Electronic Technology Real-Time Digital Simulation System(RTDS) Introduction
11.4.4 Shanghai Aifei Electronic Technology Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.4.5 Shanghai Aifei Electronic Technology Recent Development
11.5 POWER
11.5.1 POWER Company Details
11.5.2 POWER Business Overview
11.5.3 POWER Real-Time Digital Simulation System(RTDS) Introduction
11.5.4 POWER Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.5.5 POWER Recent Development
11.6 CIRCE
11.6.1 CIRCE Company Details
11.6.2 CIRCE Business Overview
11.6.3 CIRCE Real-Time Digital Simulation System(RTDS) Introduction
11.6.4 CIRCE Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.6.5 CIRCE Recent Development
11.7 IncSys
11.7.1 IncSys Company Details
11.7.2 IncSys Business Overview
11.7.3 IncSys Real-Time Digital Simulation System(RTDS) Introduction
11.7.4 IncSys Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.7.5 IncSys Recent Development
11.8 CAPS
11.8.1 CAPS Company Details
11.8.2 CAPS Business Overview
11.8.3 CAPS Real-Time Digital Simulation System(RTDS) Introduction
11.8.4 CAPS Revenue in Real-Time Digital Simulation System(RTDS) Business (2019-2024)
11.8.5 CAPS Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
RTDS Technologies
ModelingTech Energy Technology
Nayak
Shanghai Aifei Electronic Technology
POWER
CIRCE
IncSys
CAPS
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*If Applicable.
