List of Figures

FIGURE 1 NORTH AMERICA DOMINATED THE ELECTRICAL DIGITAL TWIN MARKET BY REGION, IN 2018 24
FIGURE 2 DIGITAL GAS & STEAM POWER PLANT SEGMENT IS EXPECTED TO HOLD THE LARGEST SHARE OF THE ELECTRICAL DIGITAL TWIN MARKET BY TWIN TYPE, DURING THE FORECAST PERIOD 24
FIGURE 3 ASSET PERFORMANCE MANAGEMENT SEGMENT IS EXPECTED TO LEAD THE ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, DURING THE FORECAST PERIOD 25
FIGURE 4 ON-PREMISES SEGMENT IS EXPECTED TO LEAD THE ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, DURING THE FORECAST PERIOD 25
FIGURE 5 UTILITIES SEGMENT IS EXPECTED TO LEAD THE ELECTRICAL DIGITAL TWIN MARKET, BY END-USER, DURING THE FORECAST PERIOD 26
FIGURE 6 IMPROVED ACCURACY AND EFFICIENCY IN POWER SECTOR OPERATIONS IS DRIVING THE ELECTRICAL DIGITAL TWIN MARKET 27
FIGURE 7 ON-PREMISES SEGMENT IS EXPECTED TO DOMINATE THE ELECTRICAL DIGITAL TWIN MARKET, BY DEPLOYMENT TYPE, DURING THE FORECAST PERIOD 27
FIGURE 8 DIGITAL GAS & STEAM POWER PLANT SEGMENT IS EXPECTED TO DOMINATE THE ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE, DURING THE FORECAST PERIOD 28
FIGURE 9 ASSET PERFORMANCE MANAGEMENT AND THE US DOMINATED
THE NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET IN 2018 28
FIGURE 10 UTILITIES SEGMENT IS EXPECTED TO DOMINATE THE ELECTRICAL DIGITAL TWIN MARKET, BY END-USER, DURING THE FORECAST PERIOD 29
FIGURE 11 NORTH AMERICAN ELECTRICAL DIGITAL TWIN MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 29
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 30
FIGURE 14 GLOBAL RENEWABLE ENERGY SHARE IN THE GENERATION MIX, 2016–2023 32
FIGURE 15 RENEWABLE ENERGY CONSUMPTION, BY TECHNOLOGY, 2017–2023 32
FIGURE 16 ELECTRICAL DIGITAL TWIN MARKET, BY TWIN TYPE, 2019–2024 (USD MILLION) 37
FIGURE 17 RENEWABLE ENERGY CAPACITY ADDITION, BY TECHNOLOGY, 2015–2018 (IN GW) 40
FIGURE 18 ASSET PERFORMANCE MANAGEMENT SEGMENT LED THE ELECTRICAL DIGITAL TWIN MARKET, BY APPLICATION, IN 2018 45
FIGURE 19 ON-PREMISES SEGMENT LED THE ELECTRICAL DIGITAL TWIN MARKET BY DEPLOYMENT TYPE, IN 2018 51
FIGURE 20 UTILITIES SEGMENT LED THE ELECTRICAL DIGITAL TWIN MARKET BY END-USER, IN 2018 (USD MILLION) 55
FIGURE 21 REGIONAL SNAPSHOT: THE NORTH AMERICAN MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 59
FIGURE 22 ELECTRICAL DIGITAL TWIN MARKET SHARE (VALUE), BY REGION, 2018 60
FIGURE 23 NORTH AMERICA: REGIONAL SNAPSHOT 62
FIGURE 24 EUROPE: REGIONAL SNAPSHOT 74
FIGURE 25 KEY DEVELOPMENTS IN THE ELECTRICAL DIGITAL TWIN MARKET, NOVEMBER 2016–APRIL 2019 91
FIGURE 26 ELECTRICAL DIGITAL TWIN (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2018 93
FIGURE 27 RANKING OF KEY PLAYERS, 2018 94
FIGURE 28 ABB: COMPANY SNAPSHOT 99
FIGURE 29 AVEVA: COMPANY SNAPSHOT 101
FIGURE 30 EMERSON: COMPANY SNAPSHOT 103
FIGURE 31 ETTEPLAN: COMPANY SNAPSHOT 105
FIGURE 32 GE: COMPANY SNAPSHOT 107
FIGURE 33 SIEMENS: COMPANY SNAPSHOT 110
FIGURE 34 WIPRO: COMPANY SNAPSHOT 114
FIGURE 35 MICROSOFT: COMPANY SNAPSHOT 118
FIGURE 36 IBM: COMPANY SNAPSHOT 120
FIGURE 37 FUJITSU: COMPANY SNAPSHOT 122

 

List of Tables

TABLE 1 INVESTMENT IN DIGITAL TWIN TECHNOLOGIES AND PROJECTS IS THE MAJOR DETERMINING FACTOR FOR THE ELECTRICAL DIGITAL TWIN MARKET 20
TABLE 2 ELECTRICAL DIGITAL TWIN MARKET SNAPSHOT 23
TABLE 3 ELECTRICAL DIGITAL TWIN MARKET SIZE, BY TWIN TYPE 2017–2024 (USD MILLION) 38
TABLE 4 DIGITAL GAS & STEAM POWER PLANT: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 39
TABLE 5 DIGITAL GRID: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 40
TABLE 6 DIGITAL WIND FARM: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 41
TABLE 7 DIGITAL HYDROPOWER PLANT: ELECTRICAL DIGITAL TWIN MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 42
TABLE 8 DISTRIBUTED ENERGY RESOURCES: ELECTRICAL DIGITAL TWIN MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 43
TABLE 9 ELECTRICAL DIGITAL TWIN MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 45
TABLE 10 ASSET PERFORMANCE MANAGEMENT: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 46
TABLE 11 BUSINESS & OPERATIONS OPTIMIZATION: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 47
TABLE 12 DIGITAL TWIN AGGREGATE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 48
TABLE 13 ELECTRICAL DIGITAL TWIN MARKET SIZE, BY DEPLOYMENT TYPE 2017–2024 (USD MILLION) 51
TABLE 14 CLOUD: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 52
TABLE 15 ON-PREMISES: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 53
TABLE 16 ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 55
TABLE 17 UTILITIES: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 56
TABLE 18 GRID INFRASTRUCTURE OPERATORS: ELECTRICAL DIGITAL TWIN MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 57
TABLE 19 ELECTRICAL DIGITAL TWIN MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 60
TABLE 20 NORTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY TWIN TYPE 2017–2024 (USD MILLION) 62
TABLE 21 NORTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 63
TABLE 22 NORTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 63
TABLE 23 NORTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 64
TABLE 24 NORTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 64
TABLE 25 US: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 65
TABLE 26 CANADA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 66
TABLE 27 MEXICO: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 67
TABLE 28 ASIA PACIFIC: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY TWIN TYPE 2017–2024 (USD MILLION) 68
TABLE 29 ASIA PACIFIC: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 68
TABLE 30 ASIA PACIFIC: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 69
TABLE 31 ASIA PACIFIC: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 69
TABLE 32 ASIA PACIFIC: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 69
TABLE 33 CHINA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 70
TABLE 34 JAPAN: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 71
TABLE 35 AUSTRALIA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 72
TABLE 36 REST OF ASIA PACIFIC: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION) 73
TABLE 37 EUROPE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY TWIN TYPE 2017–2024 (USD MILLION) 75
TABLE 38 EUROPE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 75
TABLE 39 EUROPE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY DEPLOYMENT TYPE 2017–2024 (USD MILLION) 76
TABLE 40 EUROPE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 76
TABLE 41 EUROPE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 76
TABLE 42 GERMANY: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 77
TABLE 43 UK: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 78
TABLE 44 FRANCE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 79
TABLE 45 THE NORDIC COUNTRIES: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION) 80
TABLE 46 REST OF EUROPE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 80
TABLE 47 SOUTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY TWIN TYPE 2017–2024 (USD MILLION) 81
TABLE 48 SOUTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 82
TABLE 49 SOUTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 82
TABLE 50 SOUTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 82
TABLE 51 SOUTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 83
TABLE 52 BRAZIL: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 83
TABLE 53 ARGENTINA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 84
TABLE 54 REST OF SOUTH AMERICA: ELECTRICAL DIGITAL TWIN MARKET SIZE BY END-USER, 2017–2024 (USD MILLION) 85
TABLE 55 MIDDLE EAST & AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY TWIN TYPE, 2017–2024 (USD MILLION) 85
TABLE 56 MIDDLE EAST & AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE BY APPLICATION, 2017–2024 (USD MILLION) 86
TABLE 57 MIDDLE EAST & AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE BY DEPLOYMENT TYPE, 2017–2024 (USD MILLION) 86
TABLE 58 MIDDLE EAST & AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION) 87
TABLE 59 MIDDLE EAST & AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 87
TABLE 60 SAUDI ARABIA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 88
TABLE 61 UAE: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 88
TABLE 62 SOUTH AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 89
TABLE 63 REST OF MIDDLE EAST & AFRICA: ELECTRICAL DIGITAL TWIN MARKET SIZE BY END-USER, 2017–2024 (USD MILLION) 90