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Report
Power Electronics Software Market by Design Software, Simulation Software, Analysis Software, Control Software, Rapid Control Prototyping, Embedded System Prototyping, Model-based Design, Automotive and Renewable Energy - Global Forecast to 2030
Market Report I 2025-02-17 I 253 Pages I MarketsandMarkets
The power electronics software market is expected to grow from USD 3.33 billion in 2025 to USD 5.25 billion in 2030, at a CAGR of 9.5% during the forecast period. The major drivers contributing to the market growth are increasing demand for industrial automation and robotics, the growing shift towards electric vehicles, and the increasing adoption of renewable energy sources across diverse industries such as industrial, automotive, and consumer electronics.
Rapid control prototyping technology is expected to grow at the second-highest CAGR during the forecast period
Rapid control prototyping (RCP) technology is expected to grow at the second-highest CAGR in the power electronics software market over the forecast period as it accelerates product development and enhances system design efficiency. Rapid control prototyping allows engineers to experiment quickly and validate control algorithms on real hardware without having to do lots of hand coding. This technology provides significant advantages by reducing the development cycle. The technology also helps to accelerate innovation within applications like EVs, renewable energy systems, and industrial automation, which have tremendous growth potential. The growth in the use of power electronic systems requires technologically advanced solutions such as RCP to be energy efficient. The RCP technology simulates and tests complex designs in real-world conditions for optimal performance and reliability before actual implementation. Moreover, with the increasing application of technologies like wide-bandgap semiconductors (SiC and GaN) and smart grid systems, accurate control mechanisms are required, RCP is one of the technologies used in designing these control mechanisms. Furthermore, flexibility, cost-effectiveness, and seamless integration with other software tools are some of the factors responsible for the growth of RCP technology in the power electronics software market during the forecast period.
The automotive segment is expected to grow at the highest CAGR during the forecast period
The automotive segment is expected to record the highest CAGR in the power electronics software market during the forecast period. This is mainly because of the increasing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs). As the trend toward sustainability and carbon neutrality goes up rapidly, manufacturers continue investing more resources into electrification technologies, which rely on power electronics for more efficient energy conversion, battery management, and motor control. Power electronics software is critical for designing and simulating these systems. The manufacturers use power electronics software to optimize performance, minimize energy losses, and enhance thermal management. Another factor propelling the growth of the advanced simulation and design software market in the automotive segment is the increasing demand for wide-bandgap semiconductors such as silicon carbide (SiC) and gallium nitride (GaN). Additionally, advanced driver-assistance systems (ADAS), connected car technologies, and autonomous driving systems have increased complexity in automotive electronics, thus requiring sophisticated software solutions for reliability and adherence to strict safety standards. Furthermore, the automotive segment accounts for a considerable share of the power electronics software market owing to significant growth in the production of electric vehicles in countries such as the US and China.
North America is expected to witness the second-highest CAGR during the forecast period
North America is expected to witness the second-highest CAGR in the power electronics software market during the forecast period, owing to the growing adoption of electric vehicles, renewable energy systems, and advancements in industrial automation. The North American region is experiencing significant investments in clean energy initiatives, smart grids, and next-generation power infrastructure, leading to a higher demand for advanced power electronics software solutions. Increasingly, electrification in the automotive industry, with companies like Tesla, General Motors, and Ford speeding up the production of electric vehicles, requires more complex software to optimize powertrains, manage batteries, and achieve energy efficiency. Growing data centers, 5G infrastructure, and aerospace & defense applications boost the demand for power electronics software in the region. Moreover, strong government incentives and investments in wide-bandgap semiconductors, including SiC and GaN, propel growth for the power electronics software market in the region.
Breakdown of Primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the profile of primary participants in the power electronics software market:
- By Company Type: Tier 1 - 25%, Tier 2 - 35%, Tier 3 - 40%
- By Designation Type: C Level - 40%, Director Level - 30%, Others - 30%
- By Region Type: North America - 40%, Europe - 25%, Asia Pacific - 20%, Rest of the World - 15%
The major players in the power electronics software market with a significant global presence include The MathWorks, Inc. (US), Keysight Technologies (US), Cadence Design Systems, Inc. (US), Synopsys, Inc. (US), and Altair Engineering Inc. (US).
Research Coverage
The report segments the power electronics software market and forecasts its size by type, technology, application, and region. It also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth and covers qualitative and quantitative aspects of the market.
Reasons to buy the report:
The report will help market leaders and new entrants with information on the closest approximate revenues for the overall power electronics software market and related segments. It will also help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing adoption of renewable energy sources, growing shift towards electric vehicles, and advancements in semiconductor technologies), restraints (High initial cost of power electronics software and complexity and threat of data leakage), opportunities (Increasing growth of industrial automation and robotics, global expansion of smart homes and buildings), and challenges (Issues in integration and compatibility, lack of skilled professionals)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new solution and service launches in the power electronics software market
- Market Development: Comprehensive information about lucrative markets - the report analyses the power electronics software market across varied regions
- Market Diversification: Exhaustive information about new solutions and services, untapped geographies, recent developments, and investments in the power electronics software market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and solution and service offerings of leading players, including The MathWorks, Inc. (US), Keysight Technologies (US), Cadence Design Systems, Inc. (US), Synopsys, Inc. (US), and Altair Engineering Inc. (US)
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 25
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 26
1.3.2 INCLUSIONS AND EXCLUSIONS 27
1.3.3 YEARS CONSIDERED 27
1.4 CURRENCY CONSIDERED 28
1.5 STAKEHOLDERS 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Major secondary sources 30
2.1.1.2 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
2.1.2.1 List of primary interview participants 31
2.1.2.2 Breakdown of primary interviews 32
2.1.2.3 Key data from primary sources 32
2.1.3 SECONDARY AND PRIMARY RESEARCH 33
2.1.3.1 Key industry insights 34
2.2 MARKET SIZE ESTIMATION METHODOLOGY 34
2.2.1 BOTTOM-UP APPROACH 34
2.2.1.1 Approach to arrive at market size using bottom-up analysis (demand side) 34
2.2.2 TOP-DOWN APPROACH 35
2.2.2.1 Approach to arrive at market size using top-down analysis (supply side) 35
2.3 FACTOR ANALYSIS 36
2.3.1 DEMAND-SIDE ANALYSIS 36
2.3.2 SUPPLY-SIDE ANALYSIS 36
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 37
2.5 RESEARCH ASSUMPTIONS 39
2.6 RISK ANALYSIS 40
2.7 RESEARCH LIMITATIONS 40
3 EXECUTIVE SUMMARY 41
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4 PREMIUM INSIGHTS 45
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN POWER ELECTRONICS SOFTWARE MARKET 45
4.2 POWER ELECTRONICS SOFTWARE MARKET, BY TYPE 46
4.3 POWER ELECTRONICS SOFTWARE MARKET, BY TECHNOLOGY 46
4.4 POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION 47
4.5 POWER ELECTRONICS SOFTWARE MARKET, BY REGION 47
4.6 POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Increasing adoption of renewable energy sources 50
5.2.1.2 Growing shift towards electric vehicles 50
5.2.1.3 Advancements in semiconductor technologies 50
5.2.2 RESTRAINTS 52
5.2.2.1 High initial cost of power electronics software 52
5.2.2.2 Complexity and threat of data leakage 52
5.2.3 OPPORTUNITIES 53
5.2.3.1 Growth of industrial automation and robotics 53
5.2.3.2 Global expansion of smart homes and buildings 54
5.2.4 CHALLENGES 55
5.2.4.1 Issues with integration and compatibility 55
5.2.4.2 Lack of skilled professionals 55
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 56
5.4 PRICING ANALYSIS 57
5.4.1 AVERAGE SELLING PRICE OF KEY PLAYERS, BY TECHNOLOGY 57
5.4.2 AVERAGE SELLING PRICE TREND, BY REGION, 2021-2024 59
5.5 VALUE CHAIN ANALYSIS 61
5.6 ECOSYSTEM ANALYSIS 64
5.7 TECHNOLOGY ANALYSIS 65
5.7.1 KEY TECHNOLOGIES 65
5.7.1.1 Electromagnetic interference (EMI) analysis 65
5.7.1.2 Power loss and efficiency modeling 66
5.7.2 COMPLEMENTARY TECHNOLOGIES 67
5.7.2.1 Digital signal processing 67
5.7.2.2 PCB design and layout software 68
5.7.3 ADJACENT TECHNOLOGIES 68
5.7.3.1 Digital twins 68
5.7.3.2 IoT and edge computing 69
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5.8 PATENT ANALYSIS 70
5.9 TRADE ANALYSIS 73
5.9.1 IMPORT SCENARIO (HS CODE 8541) 73
5.9.2 EXPORT SCENARIO (HS CODE 8541) 74
5.10 KEY CONFERENCES AND EVENTS, 2025-2026 75
5.11 CASE STUDY ANALYSIS 76
5.11.1 ANSYS-POWERED SIMULATION OPTIMIZED INNOVATIVE BATTERY STORAGE SYSTEM FOR WARTSILA 76
5.11.2 ANYWAVES ACHIEVED RAPID ANTENNA INNOVATION WITH SIMULIA CST STUDIO 77
5.11.3 ADVANCING DC DISTRIBUTION WITH MULTIPHYSICS SIMULATION AT SUPERGRID INSTITUTE 77
5.12 INVESTMENT AND FUNDING SCENARIO 77
5.13 REGULATORY LANDSCAPE 78
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
5.14 PORTER'S FIVE FORCE ANALYSIS 81
5.14.1 THREATS OF NEW ENTRANTS 82
5.14.2 THREATS OF SUBSTITUTES 82
5.14.3 BARGAINING POWER OF SUPPLIERS 83
5.14.4 BARGAINING POWER OF BUYERS 83
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 83
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 84
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 84
5.15.2 BUYING CRITERIA 85
5.16 IMPACT OF AI/GEN AI ON POWER ELECTRONICS SOFTWARE MARKET 86
6 POWER ELECTRONICS SOFTWARE MARKET, BY TECHNOLOGY 88
6.1 INTRODUCTION 89
6.2 RAPID CONTROL PROTOTYPING (RCP) 90
6.2.1 GROWING DEMAND FOR FASTER DEVELOPMENT CYCLES IN EVS AND RENEWABLE ENERGY SYSTEMS DRIVING ADOPTION OF RCP 90
6.3 EMBEDDED SYSTEM PROTOTYPING 91
6.3.1 PUSH FOR ENERGY-EFFICIENT DESIGNS AND IOT-ENABLED DEVICES DRIVING DEMAND FOR EMBEDDED SYSTEM PROTOTYPING 91
6.4 MODEL-BASED DESIGN (MBD) 92
6.4.1 INCREASING COMPLEXITY OF POWER SYSTEMS, DEMAND FOR SHORTER DEVELOPMENT CYCLES, AND ENHANCED DESIGN ACCURACY DRIVING ADOPTION 92
6.5 HARDWARE-IN-THE-LOOP (HIL) SIMULATION 93
6.5.1 NEED FOR SAFER AND COST-EFFECTIVE VALIDATION OF HIGH-POWER SYSTEMS AND SHIFT TOWARD AUTONOMOUS SYSTEMS FUELING DEMAND 93
6.6 OTHER TECHNOLOGIES 94
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7 POWER ELECTRONICS SOFTWARE MARKET, BY TYPE 96
7.1 INTRODUCTION 97
7.2 DESIGN SOFTWARE 98
7.2.1 INCREASING DEMAND FOR COMPACT AND ENERGY-EFFICIENT SYSTEMS
TO BOOST MARKET GROWTH 98
7.3 SIMULATION SOFTWARE 100
7.3.1 TRANSITION TO RENEWABLE ENERGY, INCREASING COMPLEXITY OF POWER GRIDS, AND DEMAND FOR RELIABLE EV POWERTRAINS DRIVING GROWTH 100
7.4 ANALYSIS SOFTWARE 102
7.4.1 PUSH FOR GREENER ENERGY SYSTEMS AND STRINGENT SAFETY REGULATIONS DRIVING DEMAND FOR ANALYSIS SOFTWARE 102
7.5 CONTROL SOFTWARE 104
7.5.1 SHIFT TOWARD AUTONOMOUS SYSTEMS AND IOT CONNECTIVITY
FUELING DEMAND 104
7.5.2 ANALOG CONTROLLER 104
7.5.3 DIGITAL CONTROLLER 105
8 POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION 108
8.1 INTRODUCTION 109
8.2 AUTOMOTIVE 110
8.2.1 RAPID ELECTRIFICATION OF VEHICLES AND ADVANCEMENTS IN AUTONOMOUS DRIVING TECHNOLOGIES FUELING GROWTH 110
8.3 CONSUMER ELECTRONICS 115
8.3.1 RISING DEMAND FOR FEATURE-RICH AND ENERGY-EFFICIENT DEVICES TO DRIVE GROWTH 115
8.4 INDUSTRIAL 119
8.4.1 INCREASING ADOPTION OF INDUSTRY 4.0 TO DRIVE DEMAND 119
8.5 RENEWABLE ENERGY 124
8.5.1 NEED TO MAXIMIZE ENERGY CONVERSION EFFICIENCY AND ENSURE GRID COMPLIANCE TO DRIVE GROWTH 124
8.6 AEROSPACE & DEFENSE 128
8.6.1 EMERGENCE OF ELECTRIC AIRCRAFT AND UNMANNED AERIAL VEHICLES (UAVS) FUELING DEMAND 128
8.7 OTHER APPLICATIONS 132
9 POWER ELECTRONICS SOFTWARE MARKET, BY REGION 137
9.1 INTRODUCTION 138
9.2 NORTH AMERICA 139
9.2.1 NORTH AMERICA: MACROECONOMIC OUTLOOK 141
9.2.2 US 141
9.2.2.1 Increasing demand for software solutions for accelerating EV development and ensuring compliance to drive growth 141
9.2.3 CANADA 143
9.2.3.1 Growing aerospace & defense and renewable energy industries to boost demand for power electronics software 143
9.2.4 MEXICO 144
9.2.4.1 Growing automotive sector to drive market 144
9.3 EUROPE 145
9.3.1 EUROPE: MACROECONOMIC FACTORS 148
9.3.2 GERMANY 149
9.3.2.1 Automotive sector's rapid transition towards electrification
to drive demand 149
9.3.3 UK 150
9.3.3.1 Adoption of automation and smart technologies in thriving manufacturing sector boosting demand for software solutions 150
9.3.4 FRANCE 151
9.3.4.1 Push towards electrification of railways and incorporation of regenerative braking systems to support growth 151
9.3.5 ITALY 152
9.3.5.1 Growth in adoption of advanced manufacturing technologies
to drive market 152
9.3.6 REST OF EUROPE 153
9.4 ASIA PACIFIC 154
9.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK 157
9.4.2 CHINA 158
9.4.2.1 Burgeoning electric vehicle production to boost demand for power electronics software solutions 158
9.4.3 JAPAN 159
9.4.3.1 Growing semiconductor industry to drive market growth 159
9.4.4 SOUTH KOREA 160
9.4.4.1 Exponential growth of semiconductor and electronics sector
to boost market 160
9.4.5 INDIA 161
9.4.5.1 Shift towards electric vehicles and continuous investments in automotive sector to boost demand 161
9.4.6 REST OF ASIA PACIFIC 163
9.5 ROW 164
9.5.1 ROW: MACROECONOMIC OUTLOOK 165
9.5.2 MIDDLE EAST & AFRICA 166
9.5.2.1 Growing focus on renewable energy to contribute to market growth 166
9.5.2.2 GCC countries 166
9.5.2.3 Rest of Middle East & Africa 166
9.5.3 SOUTH AMERICA 168
9.5.3.1 Growing EV adoption in South America to propel growth 168
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10 COMPETITIVE LANDSCAPE 170
10.1 OVERVIEW 170
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020-2024 170
10.3 MARKET SHARE ANALYSIS, 2024 171
10.4 REVENUE ANALYSIS, 2021-2024 174
10.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024 174
10.6 BRAND/PRODUCT COMPARISON 175
10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 176
10.7.1 STARS 176
10.7.2 EMERGING LEADERS 176
10.7.3 PERVASIVE PLAYERS 176
10.7.4 PARTICIPANTS 176
10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 178
10.7.5.1 Company footprint 178
10.7.5.2 Region footprint 179
10.7.5.3 Type footprint 180
10.7.5.4 Technology footprint 181
10.7.5.5 Application footprint 182
10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 183
10.8.1 PROGRESSIVE COMPANIES 183
10.8.2 RESPONSIVE COMPANIES 183
10.8.3 DYNAMIC COMPANIES 183
10.8.4 STARTING BLOCKS 183
10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 185
10.8.5.1 List of startups/SMEs 185
10.8.5.2 Competitive benchmarking of startups/SMEs 186
10.9 COMPETITIVE SITUATION AND TRENDS 186
10.9.1 PRODUCT LAUNCHES 186
10.9.2 DEALS 188
11 COMPANY PROFILES 189
11.1 INTRODUCTION 189
11.2 KEY PLAYERS 189
11.2.1 THE MATHWORKS, INC. 189
11.2.1.1 Business overview 189
11.2.1.2 Products/Solutions/Services offered 190
11.2.1.3 Recent developments 190
11.2.1.3.1 Product Launches 190
11.2.1.3.2 Deals 192
11.2.1.4 MnM view 192
11.2.1.4.1 Key strengths 192
11.2.1.4.2 Strategic choices 192
11.2.1.4.3 Weaknesses and competitive threats 193
11.2.2 KEYSIGHT TECHNOLOGIES 194
11.2.2.1 Business overview 194
11.2.2.2 Products/Solutions/Services offered 195
11.2.2.3 Recent developments 196
11.2.2.3.1 Product launches 196
11.2.2.3.2 Deals 197
11.2.2.4 MnM view 197
11.2.2.4.1 Key strengths 197
11.2.2.4.2 Strategic choices 197
11.2.2.4.3 Weaknesses and competitive threats 198
11.2.3 ALTAIR ENGINEERING INC. 199
11.2.3.1 Business overview 199
11.2.3.2 Products/Solutions/Services offered 200
11.2.3.3 Recent developments 201
11.2.3.3.1 Deals 201
11.2.3.4 MnM view 202
11.2.3.4.1 Key strengths 202
11.2.3.4.2 Strategic choices 202
11.2.3.4.3 Weaknesses and competitive threats 202
11.2.4 CADENCE DESIGN SYSTEMS, INC. 203
11.2.4.1 Business overview 203
11.2.4.2 Products/Solutions/Services offered 204
11.2.4.3 Recent developments 205
11.2.4.3.1 Product launches 205
11.2.4.3.2 Deals 206
11.2.4.4 MnM view 207
11.2.4.4.1 Key strengths 207
11.2.4.4.2 Strategic choices 207
11.2.4.4.3 Weaknesses and competitive threats 207
11.2.5 SYNOPSYS, INC. 208
11.2.5.1 Business overview 208
11.2.5.2 Products/Solutions/Services offered 209
11.2.5.3 Recent developments 210
11.2.5.3.1 Product Launches 210
11.2.5.3.2 Deals 211
11.2.5.4 MnM view 211
11.2.5.4.1 Key strengths 211
11.2.5.4.2 Strategic choices 211
11.2.5.4.3 Weaknesses and competitive threats 212
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11.2.6 NATIONAL INSTRUMENTS CORP. 213
11.2.6.1 Business overview 213
11.2.6.2 Products/Solutions/Services offered 214
11.2.6.3 Recent developments 214
11.2.6.3.1 Product launches 214
11.2.6.3.2 Deals 215
11.2.7 RENESAS ELECTRONICS CORPORATION 216
11.2.7.1 Business overview 216
11.2.7.2 Products/Solutions/Services offered 217
11.2.7.3 Recent developments 218
11.2.7.3.1 Product launches 218
11.2.7.3.2 Deals 219
11.2.8 INFINEON TECHNOLOGIES AG 220
11.2.8.1 Business overview 220
11.2.8.2 Products/Solutions/Services offered 221
11.2.8.3 Recent developments 222
11.2.8.3.1 Product launches 222
11.2.8.3.2 Deals 223
11.2.9 DSPACE GMBH 224
11.2.9.1 Business overview 224
11.2.9.2 Products/Solutions/Services offered 224
11.2.9.3 Recent developments 225
11.2.9.3.1 Product Launches 225
11.2.9.3.2 Deals 226
11.2.10 SIEMENS 227
11.2.10.1 Business overview 227
11.2.10.2 Products/Solutions/Services offered 228
11.2.10.3 Recent developments 229
11.2.10.3.1 Deals 229
11.3 OTHER KEY PLAYERS 230
11.3.1 ANALOG DEVICES, INC. 230
11.3.2 SIDELINESOFT, LLC 231
11.3.3 AESIM.TECH 232
11.3.4 PLEXIM GMBH 233
11.3.5 MANITOBA HYDRO INTERNATIONAL LTD. 234
11.3.6 IMPERIX POWER ELECTRONICS 235
11.3.7 TYPHOON HIL, INC. 236
11.3.8 MIRABILIS DESIGN INC. 237
11.3.9 POWER SMART CONTROL 238
11.3.10 COMSOL 239
11.3.11 SPEEDGOAT GMBH 240
11.3.12 OPAL-RT TECHNOLOGIES, INC. 241
11.3.13 RTDS TECHNOLOGIES INC. 242
11.3.14 POWERSYS 243
11.3.15 AVL 244
12 APPENDIX 245
12.1 INSIGHTS FROM INDUSTRY EXPERTS 245
12.2 DISCUSSION GUIDE 246
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 249
12.4 CUSTOMIZATION OPTIONS 251
12.5 RELATED REPORTS 251
12.6 AUTHOR DETAILS 252
TABLE 1 POWER ELECTRONICS SOFTWARE MARKET: RISK ANALYSIS 40
TABLE 2 AVERAGE SELLING PRICE OF MODEL-BASED DESIGNS OFFERED
BY KEY PLAYERS, 2024 (USD) 58
TABLE 3 AVERAGE SELLING PRICE OF HARDWARE-IN-THE-LOOP SIMULATION OFFERED
BY KEY PLAYERS, 2024 (USD) 59
TABLE 4 AVERAGE SELLING PRICE TREND OF HARDWARE-IN-THE-LOOP SIMULATION,
BY REGION, 2021-2024 (USD) 60
TABLE 5 AVERAGE SELLING PRICE TREND OF MODEL-BASED DESIGN, BY REGION,
2021-2024 (USD) 61
TABLE 6 POWER ELECTRONICS SOFTWARE MARKET: ROLE OF COMPANIES IN ECOSYSTEM 65
TABLE 7 LIST OF MAJOR PATENTS, 2023-2024 71
TABLE 8 IMPORT DATA FOR HS CODE 8541-COMPLIANT PRODUCTS, BY COUNTRY,
2019-2023 (USD MILLION) 74
TABLE 9 EXPORT DATA FOR HS CODE 8541-COMPLIANT PRODUCTS, BY COUNTRY,
2019-2023 (USD MILLION) 75
TABLE 10 KEY CONFERENCES AND EVENTS, 2025-2026 75
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND
OTHER ORGANIZATIONS 79
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND
OTHER ORGANIZATIONS 79
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND
OTHER ORGANIZATIONS 80
TABLE 14 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND
OTHER ORGANIZATIONS 80
TABLE 15 POWER ELECTRONICS SOFTWARE MARKET: IMPACT OF PORTER'S FIVE FORCES 81
TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR
TOP 3 APPLICATIONS (%) 84
TABLE 17 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 85
TABLE 18 POWER ELECTRONICS SOFTWARE MARKET, BY TECHNOLOGY,
2021-2024 (USD MILLION) 89
TABLE 19 POWER ELECTRONICS SOFTWARE MARKET, BY TECHNOLOGY,
2025-2030 (USD MILLION) 90
TABLE 20 RAPID CONTROL PROTOTYPING: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2021-2024 (USD MILLION) 91
TABLE 21 RAPID CONTROL PROTOTYPING: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2025-2030 (USD MILLION) 91
TABLE 22 EMBEDDED SYSTEM PROTOTYPING: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2021-2024 (USD MILLION) 92
TABLE 23 EMBEDDED SYSTEM PROTOTYPING: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2025-2030 (USD MILLION) 92
TABLE 24 MODEL-BASED DESIGN: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2021-2024 (USD MILLION) 93
TABLE 25 MODEL-BASED DESIGN: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2025-2030 (USD MILLION) 93
TABLE 26 HARDWARE-IN-THE-LOOP SIMULATION: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2021-2024 (USD MILLION) 94
TABLE 27 HARDWARE-IN-THE-LOOP SIMULATION: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2025-2030 (USD MILLION) 94
TABLE 28 OTHER TECHNOLOGIES: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2021-2024 (USD MILLION) 95
TABLE 29 OTHER TECHNOLOGIES: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2025-2030 (USD MILLION) 95
TABLE 30 POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2021-2024 (USD MILLION) 97
TABLE 31 POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2025-2030 (USD MILLION) 98
TABLE 32 DESIGN SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET, BY TECHNOLOGY, 2021-2024 (USD MILLION) 99
TABLE 33 DESIGN SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET, BY TECHNOLOGY, 2025-2030 (USD MILLION) 99
TABLE 34 DESIGN SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2021-2024 (USD MILLION) 99
TABLE 35 DESIGN SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 100
TABLE 36 SIMULATION SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY TECHNOLOGY, 2021-2024 (USD MILLION) 101
TABLE 37 SIMULATION SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY TECHNOLOGY, 2025-2030 (USD MILLION) 101
TABLE 38 SIMULATION SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2021-2024 (USD MILLION) 101
TABLE 39 SIMULATION SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 102
TABLE 40 ANALYSIS SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY TECHNOLOGY, 2021-2024 (USD MILLION) 103
TABLE 41 ANALYSIS SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY TECHNOLOGY, 2025-2030 (USD MILLION) 103
TABLE 42 ANALYSIS SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2021-2024 (USD MILLION) 103
TABLE 43 ANALYSIS SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 104
TABLE 44 CONTROL SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY SUB-TYPE, 2021-2024 (USD MILLION) 105
TABLE 45 CONTROL SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY SUB-TYPE, 2025-2030 (USD MILLION) 105
TABLE 46 CONTROL SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY TECHNOLOGY, 2021-2024 (USD MILLION) 105
TABLE 47 CONTROL SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY TECHNOLOGY, 2025-2030 (USD MILLION) 106
TABLE 48 CONTROL SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2021-2024 (USD MILLION) 106
TABLE 49 CONTROL SOFTWARE: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 107
TABLE 50 POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 109
TABLE 51 POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 110
TABLE 52 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE,
2021-2024 (USD MILLION) 111
TABLE 53 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE,
2025-2030 (USD MILLION) 111
TABLE 54 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2021-2024 (USD MILLION) 111
TABLE 55 AUTOMOTIVE POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2025-2030 (USD MILLION) 112
TABLE 56 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA,
BY COUNTRY, 2021-2024 (USD MILLION) 112
TABLE 57 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA
, BY COUNTRY, 2025-2030 (USD MILLION) 112
TABLE 58 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE,
BY COUNTRY, 2021-2024 (USD MILLION) 113
TABLE 59 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE,
BY COUNTRY, 2025-2030 (USD MILLION) 113
TABLE 60 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC,
BY COUNTRY, 2021-2024 (USD MILLION) 113
TABLE 61 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC,
BY COUNTRY, 2025-2030 (USD MILLION) 114
TABLE 62 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN ROW, BY REGION, 2021-2024 (USD MILLION) 114
TABLE 63 AUTOMOTIVE: POWER ELECTRONICS SOFTWARE MARKET IN ROW, BY REGION, 2025-2030 (USD MILLION) 114
TABLE 64 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2021-2024 (USD MILLION) 115
TABLE 65 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET,
BY TYPE, 2025-2030 (USD MILLION) 116
TABLE 66 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET,
BY REGION, 2021-2024 (USD MILLION) 116
TABLE 67 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET,
BY REGION, 2025-2030 (USD MILLION) 116
TABLE 68 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN NORTH AMERICA, BY COUNTRY, 2021-2024 (USD MILLION) 117
TABLE 69 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN NORTH AMERICA, BY COUNTRY, 2025-2030 (USD MILLION) 117
TABLE 70 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN EUROPE, BY COUNTRY, 2021-2024 (USD MILLION) 117
TABLE 71 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN EUROPE, BY COUNTRY, 2025-2030 (USD MILLION) 118
TABLE 72 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN ASIA PACIFIC, BY COUNTRY, 2021-2024 (USD MILLION) 118
TABLE 73 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN ASIA PACIFIC, BY COUNTRY, 2025-2030 (USD MILLION) 118
TABLE 74 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN ROW, BY REGION, 2021-2024 (USD MILLION) 119
TABLE 75 CONSUMER ELECTRONICS: POWER ELECTRONICS SOFTWARE MARKET
IN ROW, BY REGION, 2025-2030 (USD MILLION) 119
TABLE 76 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE,
2021-2024 (USD MILLION) 120
TABLE 77 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE,
2025-2030 (USD MILLION) 120
TABLE 78 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2021-2024 (USD MILLION) 120
TABLE 79 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2025-2030 (USD MILLION) 121
TABLE 80 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA,
BY COUNTRY, 2021-2024 (USD MILLION) 121
TABLE 81 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA,
BY COUNTRY, 2025-2030 (USD MILLION) 121
TABLE 82 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE, BY COUNTRY, 2021-2024 (USD MILLION) 122
TABLE 83 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE, BY COUNTRY, 2025-2030 (USD MILLION) 122
TABLE 84 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC,
BY COUNTRY, 2021-2024 (USD MILLION) 122
TABLE 85 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC,
BY COUNTRY, 2025-2030 (USD MILLION) 123
TABLE 86 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN ROW, BY REGION, 2021-2024 (USD MILLION) 123
TABLE 87 INDUSTRIAL: POWER ELECTRONICS SOFTWARE MARKET IN ROW, BY REGION, 2025-2030 (USD MILLION) 123
TABLE 88 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2021-2024 (USD MILLION) 124
TABLE 89 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2025-2030 (USD MILLION) 124
TABLE 90 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2021-2024 (USD MILLION) 125
TABLE 91 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2025-2030 (USD MILLION) 125
TABLE 92 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2021-2024 (USD MILLION) 125
TABLE 93 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2025-2030 (USD MILLION) 125
TABLE 94 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE,
BY COUNTRY, 2021-2024 (USD MILLION) 126
TABLE 95 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE,
BY COUNTRY, 2025-2030 (USD MILLION) 126
TABLE 96 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC, BY COUNTRY, 2021-2024 (USD MILLION) 127
TABLE 97 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC, BY COUNTRY, 2025-2030 (USD MILLION) 127
TABLE 98 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN ROW,
BY REGION, 2021-2024 (USD MILLION) 127
TABLE 99 RENEWABLE ENERGY: POWER ELECTRONICS SOFTWARE MARKET IN ROW,
BY REGION, 2025-2030 (USD MILLION) 127
TABLE 100 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2021-2024 (USD MILLION) 128
TABLE 101 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2025-2030 (USD MILLION) 128
TABLE 102 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2021-2024 (USD MILLION) 129
TABLE 103 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2025-2030 (USD MILLION) 129
TABLE 104 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2021-2024 (USD MILLION) 129
TABLE 105 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2025-2030 (USD MILLION) 130
TABLE 106 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE, BY COUNTRY, 2021-2024 (USD MILLION) 130
TABLE 107 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE, BY COUNTRY, 2025-2030 (USD MILLION) 130
TABLE 108 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN
ASIA PACIFIC, BY COUNTRY, 2021-2024 (USD MILLION) 131
TABLE 109 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN
ASIA PACIFIC, BY COUNTRY, 2025-2030 (USD MILLION) 131
TABLE 110 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN ROW,
BY REGION, 2021-2024 (USD MILLION) 131
TABLE 111 AEROSPACE & DEFENSE: POWER ELECTRONICS SOFTWARE MARKET IN ROW,
BY REGION, 2025-2030 (USD MILLION) 131
TABLE 112 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2021-2024 (USD MILLION) 132
TABLE 113 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET, BY TYPE, 2025-2030 (USD MILLION) 132
TABLE 114 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2021-2024 (USD MILLION) 133
TABLE 115 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2025-2030 (USD MILLION) 133
TABLE 116 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2021-2024 (USD MILLION) 133
TABLE 117 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2025-2030 (USD MILLION) 133
TABLE 118 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE,
BY COUNTRY, 2021-2024 (USD MILLION) 134
TABLE 119 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN EUROPE,
BY COUNTRY, 2025-2030 (USD MILLION) 134
TABLE 120 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC, BY COUNTRY, 2021-2024 (USD MILLION) 135
TABLE 121 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN ASIA PACIFIC, BY COUNTRY, 2025-2030 (USD MILLION) 135
TABLE 122 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN ROW,
BY REGION, 2021-2024 (USD MILLION) 135
TABLE 123 OTHER APPLICATIONS: POWER ELECTRONICS SOFTWARE MARKET IN ROW,
BY REGION, 2025-2030 (USD MILLION) 135
TABLE 124 POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2021-2024 (USD MILLION) 138
TABLE 125 POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2025-2030 (USD MILLION) 138
TABLE 126 NORTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY, 2021-2024 (USD MILLION) 140
TABLE 127 NORTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY, 2025-2030 (USD MILLION) 140
TABLE 128 NORTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2021-2024 (USD MILLION) 140
TABLE 129 NORTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 141
TABLE 130 US: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 142
TABLE 131 US: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 142
TABLE 132 CANADA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 143
TABLE 133 CANADA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 144
TABLE 134 MEXICO: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 145
TABLE 135 MEXICO: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 145
TABLE 136 EUROPE: POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY,
2021-2024 (USD MILLION) 147
TABLE 137 EUROPE: POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 147
TABLE 138 EUROPE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 147
TABLE 139 EUROPE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 148
TABLE 140 GERMANY: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 149
TABLE 141 GERMANY: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 149
TABLE 142 UK: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 150
TABLE 143 UK: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 150
TABLE 144 FRANCE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 151
TABLE 145 FRANCE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 151
TABLE 146 ITALY: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 152
TABLE 147 ITALY: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 153
TABLE 148 REST OF EUROPE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2021-2024 (USD MILLION) 153
TABLE 149 REST OF EUROPE: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 154
TABLE 150 ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY,
2021-2024 (USD MILLION) 155
TABLE 151 ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET, BY COUNTRY,
2025-2030 (USD MILLION) 156
TABLE 152 ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 156
TABLE 153 ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 157
TABLE 154 CHINA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 158
TABLE 155 CHINA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 158
TABLE 156 JAPAN: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 159
TABLE 157 JAPAN: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 159
TABLE 158 SOUTH KOREA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2021-2024 (USD MILLION) 160
TABLE 159 SOUTH KOREA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 161
TABLE 160 INDIA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 162
TABLE 161 INDIA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 162
TABLE 162 REST OF ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2021-2024 (USD MILLION) 163
TABLE 163 REST OF ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 163
TABLE 164 ROW: POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2021-2024 (USD MILLION) 164
TABLE 165 ROW: POWER ELECTRONICS SOFTWARE MARKET, BY REGION,
2025-2030 (USD MILLION) 164
TABLE 166 ROW: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2021-2024 (USD MILLION) 164
TABLE 167 ROW: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION,
2025-2030 (USD MILLION) 165
TABLE 168 MIDDLE EAST & AFRICA: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2021-2024 (USD MILLION) 166
TABLE 169 MIDDLE EAST & AFRICA: POWER ELECTRONICS SOFTWARE MARKET, BY REGION, 2025-2030 (USD MILLION) 167
TABLE 170 MIDDLE EAST & AFRICA: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2021-2024 (USD MILLION) 167
TABLE 171 MIDDLE EAST & AFRICA: POWER ELECTRONICS SOFTWARE MARKET,
BY APPLICATION, 2025-2030 (USD MILLION) 167
TABLE 172 SOUTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2021-2024 (USD MILLION) 168
TABLE 173 SOUTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET, BY APPLICATION, 2025-2030 (USD MILLION) 169
TABLE 174 POWER ELECTRONICS SOFTWARE MARKET: KEY PLAYER STRATEGIES/
RIGHT TO WIN, 2020-2024 170
TABLE 175 POWER ELECTRONICS SOFTWARE MARKET: MARKET SHARE ANALYSIS
OF TOP FIVE PLAYERS, 2024 171
TABLE 176 POWER ELECTRONICS SOFTWARE MARKET: REGION FOOTPRINT 179
TABLE 177 POWER ELECTRONICS SOFTWARE MARKET: TYPE FOOTPRINT 180
TABLE 178 POWER ELECTRONICS SOFTWARE MARKET: TECHNOLOGY FOOTPRINT 181
TABLE 179 POWER ELECTRONICS SOFTWARE MARKET: APPLICATION FOOTPRINT 182
TABLE 180 POWER ELECTRONICS SOFTWARE MARKET: LIST OF STARTUPS/SMES 185
TABLE 181 POWER ELECTRONICS SOFTWARE MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 186
TABLE 182 POWER ELECTRONICS SOFTWARE MARKET: PRODUCT LAUNCHES,
JANUARY 2020-DECEMBER 2024 187
TABLE 183 POWER ELECTRONICS SOFTWARE MARKET: DEALS,
JANUARY 2020-DECEMBER 2024 188
TABLE 184 THE MATHWORKS, INC.: COMPANY OVERVIEW 189
TABLE 185 THE MATHWORKS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 186 THE MATHWORKS, INC.: PRODUCT LAUNCHES 190
TABLE 187 THE MATHWORKS, INC.: DEALS 192
TABLE 188 KEYSIGHT TECHNOLOGIES: COMPANY OVERVIEW 194
TABLE 189 KEYSIGHT TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 195
TABLE 190 KEYSIGHT TECHNOLOGIES: PRODUCT LAUNCHES 196
TABLE 191 KEYSIGHT TECHNOLOGIES: DEALS 197
TABLE 192 ALTAIR ENGINEERING INC.: COMPANY OVERVIEW 199
TABLE 193 ALTAIR ENGINEERING INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 194 ALTAIR ENGINEERING INC.: DEALS 201
TABLE 195 CADENCE DESIGN SYSTEMS, INC.: COMPANY OVERVIEW 203
TABLE 196 CADENCE DESIGN SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 204
TABLE 197 CADENCE DESIGN SYSTEMS, INC.: PRODUCT LAUNCHES 205
TABLE 198 CADENCE DESIGN SYSTEMS, INC.: DEALS 206
TABLE 199 SYNOPSYS, INC.: COMPANY OVERVIEW 208
TABLE 200 SYNOPSYS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 201 SYNOPSYS, INC.: PRODUCT LAUNCHES 210
TABLE 202 SYNOPSYS, INC.: DEALS 211
TABLE 203 NATIONAL INSTRUMENTS CORP.: COMPANY OVERVIEW 213
TABLE 204 NATIONAL INSTRUMENTS CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 205 NATIONAL INSTRUMENTS CORP.: PRODUCT LAUNCHES 214
TABLE 206 NATIONAL INSTRUMENTS CORP.: DEALS 215
TABLE 207 RENESAS ELECTRONICS CORPORATION: COMPANY OVERVIEW 216
TABLE 208 RENESAS ELECTRONICS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 209 RENESAS ELECTRONICS CORPORATION: PRODUCT LAUNCHES 218
TABLE 210 RENESAS ELECTRONICS CORPORATION: DEALS 219
TABLE 211 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW 220
TABLE 212 INFINEON TECHNOLOGIES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 221
TABLE 213 INFINEON TECHNOLOGIES AG: PRODUCT LAUNCHES 222
TABLE 214 INFINEON TECHNOLOGIES AG: DEALS 223
TABLE 215 DSPACE GMBH: COMPANY OVERVIEW 224
TABLE 216 DSPACE GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
TABLE 217 DSPACE GMBH: PRODUCT LAUNCHES 225
TABLE 218 DSPACE GMBH: DEALS 226
TABLE 219 SIEMENS: COMPANY OVERVIEW 227
TABLE 220 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 221 SIEMENS: DEALS 229
TABLE 222 ANALOG DEVICES, INC.: COMPANY OVERVIEW 230
TABLE 223 SIDELINESOFT, LLC: COMPANY OVERVIEW 231
TABLE 224 AESIM.TECH: COMPANY OVERVIEW 232
TABLE 225 PLEXIM GMBH: COMPANY OVERVIEW 233
TABLE 226 MANITOBA HYDRO INTERNATIONAL LTD.: COMPANY OVERVIEW 234
TABLE 227 IMPERIX POWER ELECTRONICS: COMPANY OVERVIEW 235
TABLE 228 TYPHOON HIL, INC.: COMPANY OVERVIEW 236
TABLE 229 MIRABILIS DESIGN INC.: COMPANY OVERVIEW 237
TABLE 230 POWER SMART CONTROL: COMPANY OVERVIEW 238
TABLE 231 COMSOL: COMPANY OVERVIEW 239
TABLE 232 SPEEDGOAT GMBH: COMPANY OVERVIEW 240
TABLE 233 OPAL-RT TECHNOLOGIES, INC.: COMPANY OVERVIEW 241
TABLE 234 RTDS TECHNOLOGIES INC.: COMPANY OVERVIEW 242
TABLE 235 POWERSYS: COMPANY OVERVIEW 243
TABLE 236 AVL: COMPANY OVERVIEW 244
FIGURE 1 POWER ELECTRONICS SOFTWARE MARKET SEGMENTATION 26
FIGURE 2 POWER ELECTRONICS SOFTWARE MARKET: RESEARCH DESIGN 29
FIGURE 3 POWER ELECTRONICS SOFTWARE MARKET: BOTTOM-UP APPROACH 35
FIGURE 4 POWER ELECTRONICS SOFTWARE MARKET: TOP-DOWN APPROACH 36
FIGURE 5 POWER ELECTRONICS SOFTWARE MARKET SIZE ESTIMATION
METHODOLOGY (DEMAND SIDE) 36
FIGURE 6 POWER ELECTRONICS SOFTWARE MARKET SIZE ESTIMATION
METHODOLOGY (SUPPLY SIDE) 37
FIGURE 7 POWER ELECTRONICS SOFTWARE MARKET: DATA TRIANGULATION 38
FIGURE 8 POWER ELECTRONICS SOFTWARE MARKET: RESEARCH ASSUMPTIONS 39
FIGURE 9 POWER ELECTRONICS SOFTWARE MARKET SNAPSHOT 41
FIGURE 10 DESIGN SOFTWARE TO ACCOUNT FOR LARGEST SHARE OF POWER ELECTRONICS SOFTWARE MARKET IN 2025 42
FIGURE 11 MODEL-BASED DESIGN TO BE MOST WIDELY USED TECHNOLOGY IN POWER ELECTRONICS SOFTWARE MARKET 42
FIGURE 12 INDUSTRIAL SEGMENT TO LEAD POWER ELECTRONICS SOFTWARE MARKET 43
FIGURE 13 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 44
FIGURE 14 RISING ADOPTION OF RENEWABLE ENERGY AND
ELECTRIC VEHICLES TO DRIVE MARKET 45
FIGURE 15 DESIGN SOFTWARE TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 46
FIGURE 16 MODEL-BASED DESIGN TO BE DOMINANT TECHNOLOGY
DURING FORECAST PERIOD 46
FIGURE 17 INDUSTRIAL SEGMENT TO BE LARGEST APPLICATION OF POWER ELECTRONICS SOFTWARE DURING FORECAST PERIOD 47
FIGURE 18 ASIA PACIFIC TO DOMINATE POWER ELECTRONICS SOFTWARE MARKET DURING FORECAST PERIOD 47
FIGURE 19 INDIA TO REGISTER HIGHEST CAGR IN GLOBAL POWER ELECTRONICS SOFTWARE MARKET DURING FORECAST PERIOD 48
FIGURE 20 POWER ELECTRONICS SOFTWARE MARKET DYNAMICS 49
FIGURE 21 IMPACT ANALYSIS OF DRIVERS ON POWER ELECTRONICS SOFTWARE MARKET 51
FIGURE 22 IMPACT ANALYSIS OF RESTRAINTS ON POWER ELECTRONICS SOFTWARE MARKET 53
FIGURE 23 IMPACT ANALYSIS OF OPPORTUNITIES ON
POWER ELECTRONICS SOFTWARE MARKET 54
FIGURE 24 IMPACT ANALYSIS OF CHALLENGES ON POWER ELECTRONICS SOFTWARE MARKET 56
FIGURE 25 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 57
FIGURE 26 AVERAGE SELLING PRICE OF MODEL-BASED DESIGNS OFFERED
BY KEY PLAYERS, 2024 58
FIGURE 27 AVERAGE SELLING PRICE OF HARDWARE-IN-THE-LOOP SIMULATION OFFERED
BY KEY PLAYERS, 2024 59
FIGURE 28 AVERAGE SELLING PRICE TREND OF HARDWARE-IN-THE-LOOP SIMULATION,
BY REGION, 2021-2024 60
FIGURE 29 AVERAGE SELLING PRICE TREND OF MODEL-BASED DESIGN,
BY REGION, 2021-2024 61
FIGURE 30 POWER ELECTRONICS SOFTWARE MARKET: VALUE CHAIN ANALYSIS 62
FIGURE 31 POWER ELECTRONICS SOFTWARE MARKET: ECOSYSTEM ANALYSIS 64
FIGURE 32 PATENTS APPLIED AND GRANTED, 2014-2024 70
FIGURE 33 IMPORT SCENARIO FOR HS CODE 8541-COMPLIANT PRODUCTS
FOR TOP 5 COUNTRIES, 2019-2023 73
FIGURE 34 EXPORT SCENARIO FOR HS CODE 8541-COMPLIANT PRODUCTS
FOR TOP 5 COUNTRIES, 2019-2023 74
FIGURE 35 INVESTMENT AND FUNDING SCENARIO, 2020-2024 78
FIGURE 36 POWER ELECTRONICS SOFTWARE MARKET: PORTER'S FIVE FORCES ANALYSIS 81
FIGURE 37 IMPACT OF PORTER'S FIVE FORCES ON POWER ELECTRONICS SOFTWARE MARKET 82
FIGURE 38 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS 84
FIGURE 39 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS 85
FIGURE 40 POWER ELECTRONICS SOFTWARE MARKET: IMPACT OF AI/GEN AI 87
FIGURE 41 MODEL-BASED DESIGN TO ACCOUNT FOR LARGEST MARKET
SHARE DURING FORECAST PERIOD 89
FIGURE 42 DESIGN SOFTWARE TO ACCOUNT FOR LARGEST MARKET
SHARE DURING FORECAST PERIOD 97
FIGURE 43 INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST MARKET
SHARE DURING FORECAST PERIOD 109
FIGURE 44 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN POWER ELECTRONICS SOFTWARE MARKET DURING FORECAST PERIOD 138
FIGURE 45 NORTH AMERICA: POWER ELECTRONICS SOFTWARE MARKET SNAPSHOT 139
FIGURE 46 EUROPE: POWER ELECTRONICS SOFTWARE MARKET SNAPSHOT 146
FIGURE 47 ASIA PACIFIC: POWER ELECTRONICS SOFTWARE MARKET SNAPSHOT 155
FIGURE 48 POWER ELECTRONICS SOFTWARE MARKET SHARE ANALYSIS, 2024 172
FIGURE 49 POWER ELECTRONICS SOFTWARE MARKET: REVENUE ANALYSIS
OF KEY PLAYERS, 2021-2024 174
FIGURE 50 POWER ELECTRONICS SOFTWARE MARKET: COMPANY VALUATION,
2024 (USD BILLION) 174
FIGURE 51 POWER ELECTRONICS SOFTWARE MARKET: FINANCIAL METRICS, 2024 175
FIGURE 52 POWER ELECTRONICS SOFTWARE MARKET: BRAND/PRODUCT COMPARISON 175
FIGURE 53 POWER ELECTRONICS SOFTWARE MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 177
FIGURE 54 POWER ELECTRONICS SOFTWARE MARKET: COMPANY FOOTPRINT 178
FIGURE 55 POWER ELECTRONICS SOFTWARE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 184
FIGURE 56 KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT 195
FIGURE 57 ALTAIR ENGINEERING INC.: COMPANY SNAPSHOT 200
FIGURE 58 CADENCE DESIGN SYSTEMS, INC.: COMPANY SNAPSHOT 204
FIGURE 59 SYNOPSYS, INC.: COMPANY SNAPSHOT 209
FIGURE 60 RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT 217
FIGURE 61 INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT 221
FIGURE 62 SIEMENS: COMPANY SNAPSHOT 228
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- Prices
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All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Discounts
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As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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- Available Currencies
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Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
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- Licenses
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License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Global Site License
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The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
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- Formats
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The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
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- Delivery
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Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
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- Shipping Charges
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As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
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- Prices
- Ordering
- By Credit Card
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We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
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- By Money Transfer
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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- By Credit Card
- Security
- Website security
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We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security