What is Electrical Digital Twin?

Electrical Digital Twin refers to the virtual replica of electrical assets, systems, and processes that enables real-time monitoring, simulation, and predictive analytics across grid infrastructure, industrial operations, and renewable power ecosystems. It plays a transformative role in digitizing the electrical value chain, enabling data-driven decisions and optimized system performance.

The market is disrupting conventional electrical engineering and asset management through its real-time, scalable, and AI-integrated capabilities. It offers new efficiencies in predictive maintenance, easy grid planning through real-time simulation, safe system operation by identifying faults in advance, and big opportunities in decarbonization and grid modernization strategies.

Market Size:

Electrical Digital Twin Market was valued at USD 1.17 billion in 2024 and is projected to reach a market size of USD 2.36 billion by 2030 at a CAGR of 12.4%.

Key Market Players

•    General Electric
•    Siemens
•    IBM
•    ANSYS
•    Bentley Systems
•    Etteplan
•    ABB
•    Emerson
•    AVEVA Group
•    Schneider Electric
•    Microsoft
•    Wipro
•    SAS Institute
•    SAP
•    Fujitsu
•    ACPD Services

Case Study:

GE’s GridOS platform, offering utilities a unified digital twin environment that enhances grid reliability, operational efficiency, and DER integration—setting it apart with real-time simulation and secure scalability.

Market Dynamics & Popularity:

Electrical digital twin adoption is rapidly increasing among utilities and manufacturers, with over 60% of grid modernization projects in developed economies citing digital twin technologies in their planning documents.

Market Segmentation:

By Type

•    Product Digital Twin
•    Process Digital Twin
•    System Digital Twin

By End User

•    Power Utilities
•    Grid Infrastructure Operators
•    Renewable Energy Companies
•    Industrial Manufacturing
•    Data Centers
•    Oil & Gas
•    Transportation & Mobility
•    Commercial Buildings
•    Others

What’s in It for You?

•    Identify whitespace in predictive analytics and digital asset lifecycle markets
•    Understand evolving utility demand for grid digitalization tools
•    Benchmark strategies of global tech leaders entering utility markets
•    Assess interoperability trends with SCADA, IoT, and AI platforms
•    Target new product development in power system simulation and control