Power System Analysis Software Market - Distribution Segment Held the Larger Revenue Share of Around 62%
Rising demand for electric power and growing smart power technologies have led to increased demand for power systems analysis software. The market for power system analysis software is anticipated to expand at a CAGR of 12.6% during the forecast period from 2016 to 2024. The global power system analysis software market was valued at US$ 3,540.4 Mn in 2015. The most significant factor fuelling the market is the rising level of investment on smart grid systems. Due to the ever-increasing...
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