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2025-07-30 07:55:07 -

Power Electronics Software Market Driven by Power System Modeling

The global power electronics software market size was estimated at USD 3.56 billion in 2024 and is projected to reach USD 8.27 billion by 2033, growing at a CAGR of 9.8% from 2025 to 2033. The market’s growth is primarily attributed to the increasing demand for efficient power management solutions across electric vehicles, renewable energy systems, and industrial automation,...

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