
Europe Power Electronics Software Market Size, Share & Industry Analysis Report By Technology (Model-Based Design (MBD), Rapid Control Prototyping (RCP), Hardware-In-The-Loop (HIL) Simulation, Embedded System Prototyping, and Other Technology), By Applica
Description
The Europe Power Electronics Software Market would witness market growth of 8.9% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Power Electronics Software Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 345.1 million by 2032. The UK market is exhibiting a CAGR of 7.8% during (2025 - 2032). Additionally, The France market would experience a CAGR of 9.8% during (2025 - 2032). The Germany and UK led the Europe Power Electronics Software Market by Country with a market share of 25.6% and 16.9% in 2024.
The power electronics software market in Europe has grown from one that focused on hardware to one that is now a mature ecosystem that focuses on tools for simulation, modeling, and lifetime estimation. OEMs like Infineon and STMicroelectronics, as well as software companies like Plexim that focus on specific areas, have created platforms that bring together simulations of electrical, thermal, and control domains. Infineon's IPOSIM lets you check power losses, thermal behavior, and module lifetime online. This cuts down on the time it takes to make changes and makes the product more reliable. Engineers can design strong power converters with Plexim's PLECS, which lets them model integrated circuits and control systems.
More and more, the market is being shaped by embedded and edge-centric software solutions designed for real-time use in industrial automation, electric vehicles, and renewable systems. Infineon has made simulation tools easier to use by putting them on the web and adding automated lifetime estimation for industries that care about reliability. STMicroelectronics improves embedded software tools for cars, factories, and smart devices. The company also spends a lot of money on making silicon carbide to make it easier for hardware and software to work together. Infineon connects its simulation tools to its hardware, Plexim offers high-fidelity modeling, and STMicro combines embedded control with hardware expansion.
Application Outlook
Based on Application, the market is segmented into Industrial, Automotive, Renewable Energy, Consumer Electronics, Aerospace & Defense, and Other Application. The Industrial market segment dominated the UK Power Electronics Software Market by Application is expected to grow at a CAGR of 7.1 % during the forecast period thereby continuing its dominance until 2032. Also, The Consumer Electronics market is anticipated to grow as a CAGR of 8.9 % during the forecast period during (2025 - 2032).
Technology Outlook
Based on Technology, the market is segmented into Model-Based Design (MBD), Rapid Control Prototyping (RCP), Hardware-In-The-Loop (HIL) Simulation, Embedded System Prototyping, and Other Technology. Among various France Power Electronics Software Market by Technology; The Model-Based Design (MBD) market achieved a market size of USD $34.2 Million in 2024 and is expected to grow at a CAGR of 8.3 % during the forecast period. The Embedded System Prototyping market is predicted to experience a CAGR of 10.7% throughout the forecast period from (2025 - 2032).
Country Outlook
Germany's power electronics software market is doing well because of its strong industrial base, commitment to renewable energy, and cutting-edge research and development ecosystem. The automotive, machinery, and energy industries need advanced design, simulation, and monitoring platforms. This is because of policies that stress sustainability and electrification. For the country to stay ahead in wide-bandgap technologies like silicon carbide and gallium nitride, it needs advanced software for electro-thermal modeling and predictive maintenance. Digital twins, hardware-in-the-loop testing, and multiphysics co-simulation are all examples of trends that are speeding up development and making sure that things work in the real world.
List of Key Companies Profiled
By Technology
The Germany market dominated the Europe Power Electronics Software Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 345.1 million by 2032. The UK market is exhibiting a CAGR of 7.8% during (2025 - 2032). Additionally, The France market would experience a CAGR of 9.8% during (2025 - 2032). The Germany and UK led the Europe Power Electronics Software Market by Country with a market share of 25.6% and 16.9% in 2024.
The power electronics software market in Europe has grown from one that focused on hardware to one that is now a mature ecosystem that focuses on tools for simulation, modeling, and lifetime estimation. OEMs like Infineon and STMicroelectronics, as well as software companies like Plexim that focus on specific areas, have created platforms that bring together simulations of electrical, thermal, and control domains. Infineon's IPOSIM lets you check power losses, thermal behavior, and module lifetime online. This cuts down on the time it takes to make changes and makes the product more reliable. Engineers can design strong power converters with Plexim's PLECS, which lets them model integrated circuits and control systems.
More and more, the market is being shaped by embedded and edge-centric software solutions designed for real-time use in industrial automation, electric vehicles, and renewable systems. Infineon has made simulation tools easier to use by putting them on the web and adding automated lifetime estimation for industries that care about reliability. STMicroelectronics improves embedded software tools for cars, factories, and smart devices. The company also spends a lot of money on making silicon carbide to make it easier for hardware and software to work together. Infineon connects its simulation tools to its hardware, Plexim offers high-fidelity modeling, and STMicro combines embedded control with hardware expansion.
Application Outlook
Based on Application, the market is segmented into Industrial, Automotive, Renewable Energy, Consumer Electronics, Aerospace & Defense, and Other Application. The Industrial market segment dominated the UK Power Electronics Software Market by Application is expected to grow at a CAGR of 7.1 % during the forecast period thereby continuing its dominance until 2032. Also, The Consumer Electronics market is anticipated to grow as a CAGR of 8.9 % during the forecast period during (2025 - 2032).
Technology Outlook
Based on Technology, the market is segmented into Model-Based Design (MBD), Rapid Control Prototyping (RCP), Hardware-In-The-Loop (HIL) Simulation, Embedded System Prototyping, and Other Technology. Among various France Power Electronics Software Market by Technology; The Model-Based Design (MBD) market achieved a market size of USD $34.2 Million in 2024 and is expected to grow at a CAGR of 8.3 % during the forecast period. The Embedded System Prototyping market is predicted to experience a CAGR of 10.7% throughout the forecast period from (2025 - 2032).
Country Outlook
Germany's power electronics software market is doing well because of its strong industrial base, commitment to renewable energy, and cutting-edge research and development ecosystem. The automotive, machinery, and energy industries need advanced design, simulation, and monitoring platforms. This is because of policies that stress sustainability and electrification. For the country to stay ahead in wide-bandgap technologies like silicon carbide and gallium nitride, it needs advanced software for electro-thermal modeling and predictive maintenance. Digital twins, hardware-in-the-loop testing, and multiphysics co-simulation are all examples of trends that are speeding up development and making sure that things work in the real world.
List of Key Companies Profiled
- The MathWorks, Inc.
- Keysight Technologies, Inc.
- Cadence Design Systems, Inc.
- Synopsys, Inc.
- Altair Engineering Inc.
- Infineon Technologies AG
- Texas Instruments, Inc.
- ABB Ltd.
- ON Semiconductor Corporation
- Renesas Electronics Corporation
By Technology
- Model-Based Design (MBD)
- Rapid Control Prototyping (RCP)
- Hardware-In-The-Loop (HIL) Simulation
- Embedded System Prototyping
- Other Technology
- Industrial
- Automotive
- Renewable Energy
- Consumer Electronics
- Aerospace & Defense
- Other Application
- Simulation Software
- Design Software
- Control Software
- Analysis Software
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
185 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Power Electronics Software Market, by Technology
- 1.4.2 Europe Power Electronics Software Market, by Application
- 1.4.3 Europe Power Electronics Software Market, by Type
- 1.4.4 Europe Power Electronics Software Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Market Trends – Power Electronics Software Market
- Chapter 5. State of Competition – Power Electronics Software Market
- Chapter 6. Product Life Cycle – Power Electronics Software Market
- Chapter 7. Market Consolidation – Power Electronics Software Market
- Chapter 8. Competition Analysis - Global
- 8.1 KBV Cardinal Matrix
- 8.2 Recent Industry Wide Strategic Developments
- 8.2.1 Partnerships, Collaborations and Agreements
- 8.2.2 Product Launches and Product Expansions
- 8.2.3 Acquisition and Mergers
- 8.3 Market Share Analysis, 2024
- 8.4 Top Winning Strategies
- 8.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
- 8.5 Porter Five Forces Analysis
- Chapter 9. Value Chain Analysis of Power Electronics Software Market
- 9.1 Upstream Components & Materials
- 9.2 Design-for-Testing & Test Methodology
- 9.3 Automatic Test Equipment (ATE)
- 9.4 Prototype & Device-Level Testing
- 9.5 System-Level & Production Testing
- 9.6 Testing Services & Certification
- 9.7 Data Analysis, Feedback & Continuous Improvement
- Chapter 10. Key Customer Criteria – Power Electronics Software Market
- Chapter 11. Europe Power Electronics Software Market by Technology
- 11.1 Europe Model-Based Design (MBD) Market by Country
- 11.2 Europe Rapid Control Prototyping (RCP) Market by Country
- 11.3 Europe Hardware-In-The-Loop (HIL) Simulation Market by Country
- 11.4 Europe Embedded System Prototyping Market by Country
- 11.5 Europe Other Technology Market by Country
- Chapter 12. Europe Power Electronics Software Market by Application
- 12.1 Europe Industrial Market by Country
- 12.2 Europe Automotive Market by Country
- 12.3 Europe Renewable Energy Market by Country
- 12.4 Europe Consumer Electronics Market by Country
- 12.5 Europe Aerospace & Defense Market by Country
- 12.6 Europe Other Application Market by Country
- Chapter 13. Europe Power Electronics Software Market by Type
- 13.1 Europe Simulation Software Market by Country
- 13.2 Europe Design Software Market by Country
- 13.3 Europe Control Software Market by Country
- 13.4 Europe Analysis Software Market by Country
- Chapter 14. Europe Power Electronics Software Market by Country
- 14.1 Germany Power Electronics Software Market
- 14.1.1 Germany Power Electronics Software Market by Technology
- 14.1.2 Germany Power Electronics Software Market by Application
- 14.1.3 Germany Power Electronics Software Market by Type
- 14.2 UK Power Electronics Software Market
- 14.2.1 UK Power Electronics Software Market by Technology
- 14.2.2 UK Power Electronics Software Market by Application
- 14.2.3 UK Power Electronics Software Market by Type
- 14.3 France Power Electronics Software Market
- 14.3.1 France Power Electronics Software Market by Technology
- 14.3.2 France Power Electronics Software Market by Application
- 14.3.3 France Power Electronics Software Market by Type
- 14.4 Russia Power Electronics Software Market
- 14.4.1 Russia Power Electronics Software Market by Technology
- 14.4.2 Russia Power Electronics Software Market by Application
- 14.4.3 Russia Power Electronics Software Market by Type
- 14.5 Spain Power Electronics Software Market
- 14.5.1 Spain Power Electronics Software Market by Technology
- 14.5.2 Spain Power Electronics Software Market by Application
- 14.5.3 Spain Power Electronics Software Market by Type
- 14.6 Italy Power Electronics Software Market
- 14.6.1 Italy Power Electronics Software Market by Technology
- 14.6.2 Italy Power Electronics Software Market by Application
- 14.6.3 Italy Power Electronics Software Market by Type
- 14.7 Rest of Europe Power Electronics Software Market
- 14.7.1 Rest of Europe Power Electronics Software Market by Technology
- 14.7.2 Rest of Europe Power Electronics Software Market by Application
- 14.7.3 Rest of Europe Power Electronics Software Market by Type
- Chapter 15. Company Profiles
- 15.1 The MathWorks, Inc.
- 15.1.1 Company Overview
- 15.1.2 Recent strategies and developments:
- 15.1.2.1 Partnerships, Collaborations, and Agreements:
- 15.1.3 SWOT Analysis
- 15.2 Keysight Technologies, Inc.
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental and Regional Analysis
- 15.2.4 Research & Development Expenses
- 15.2.5 Recent strategies and developments:
- 15.2.5.1 Product Launches and Product Expansions:
- 15.2.6 SWOT Analysis
- 15.3 Cadence Design Systems, Inc.
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Regional Analysis
- 15.3.4 Research & Development Expense
- 15.3.5 SWOT Analysis
- 15.4 Synopsys, Inc.
- 15.4.1 Company Overview
- 15.4.2 Financial Analysis
- 15.4.3 Segmental and Regional Analysis
- 15.4.4 Research & Development Expenses
- 15.4.5 Recent strategies and developments:
- 15.4.5.1 Partnerships, Collaborations, and Agreements:
- 15.5 ALTAIR ENGINEERING INC.
- 15.5.1 Company Overview
- 15.5.2 Financial Analysis
- 15.5.3 Segmental and Regional Analysis
- 15.5.4 Research & Development Expenses
- 15.5.5 Recent strategies and developments:
- 15.5.5.1 Product Launches and Product Expansions:
- 15.5.5.2 Acquisition and Mergers:
- 15.6 Infineon Technologies AG
- 15.6.1 Company Overview
- 15.6.2 Financial Analysis
- 15.6.3 Segmental and Regional Analysis
- 15.6.4 Research & Development Expense
- 15.6.5 Recent strategies and developments:
- 15.6.5.1 Partnerships, Collaborations, and Agreements:
- 15.6.6 SWOT Analysis
- 15.7 Texas Instruments, Inc.
- 15.7.1 Company Overview
- 15.7.2 Financial Analysis
- 15.7.3 Segmental and Regional Analysis
- 15.7.4 Research & Development Expense
- 15.7.5 SWOT Analysis
- 15.8 ABB Ltd.
- 15.8.1 Company Overview
- 15.8.2 Financial Analysis
- 15.8.3 Segmental and Regional Analysis
- 15.8.4 Research & Development Expenses
- 15.8.5 Recent strategies and developments:
- 15.8.5.1 Acquisition and Mergers:
- 15.8.6 SWOT Analysis
- 15.9 ON Semiconductor Corporation
- 15.9.1 Company Overview
- 15.9.2 Financial Analysis
- 15.9.3 Segmental and Regional Analysis
- 15.9.4 Research & Development Expense
- 15.9.5 SWOT Analysis
- 15.10. Renesas Electronics Corporation
- 15.10.1 Company Overview
- 15.10.2 Financial Analysis
- 15.10.3 Segmental and Regional Analysis
- 15.10.4 Research & Development Expense
- 15.10.5 Recent strategies and developments:
- 15.10.5.1 Acquisition and Mergers:
- 15.10.6 SWOT Analysis
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.