The Global Electric Digital Twin Market size was valued at around USD 1.12 billion in 2023 and is projected to grow at a CAGR of about 14.5% during the forecast period, i.e., 2024-30. The digitalization of the energy sector has surged across the globe due to policy support & a shift towards renewable energy sources. Owing to this, the demand for digital twins to optimize operations, improve asset performance, and ensure the effective management of energy systems has surged.
Electric Digital Twin Market Size, Share & Growth Report | Forecast 2030