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).
Free Valuable Insights: The Global Power Electronics Software Market will Hit USD 6.94 Billion by 2032, at a CAGR of 9.6%
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
Europe Power Electronics Software Market Report Segmentation
By Technology
- Model-Based Design (MBD)
- Rapid Control Prototyping (RCP)
- Hardware-In-The-Loop (HIL) Simulation
- Embedded System Prototyping
- Other Technology
By Application
- Industrial
- Automotive
- Renewable Energy
- Consumer Electronics
- Aerospace & Defense
- Other Application
By Type
- Simulation Software
- Design Software
- Control Software
- Analysis Software
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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
TABLE 1 Europe Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 2 Europe Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Electronics Software Market
TABLE 4 Product Launches And Product Expansions– Power Electronics Software Market
TABLE 5 Acquisition and Mergers– Power Electronics Software Market
TABLE 6 Key Customer Criteria – Power Electronics Software Market
TABLE 7 Europe Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 8 Europe Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 9 Europe Model-Based Design (MBD) Market by Country, 2021 - 2024, USD Million
TABLE 10 Europe Model-Based Design (MBD) Market by Country, 2025 - 2032, USD Million
TABLE 11 Europe Rapid Control Prototyping (RCP) Market by Country, 2021 - 2024, USD Million
TABLE 12 Europe Rapid Control Prototyping (RCP) Market by Country, 2025 - 2032, USD Million
TABLE 13 Europe Hardware-In-The-Loop (HIL) Simulation Market by Country, 2021 - 2024, USD Million
TABLE 14 Europe Hardware-In-The-Loop (HIL) Simulation Market by Country, 2025 - 2032, USD Million
TABLE 15 Europe Embedded System Prototyping Market by Country, 2021 - 2024, USD Million
TABLE 16 Europe Embedded System Prototyping Market by Country, 2025 - 2032, USD Million
TABLE 17 Europe Other Technology Market by Country, 2021 - 2024, USD Million
TABLE 18 Europe Other Technology Market by Country, 2025 - 2032, USD Million
TABLE 19 Europe Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 20 Europe Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 21 Europe Industrial Market by Country, 2021 - 2024, USD Million
TABLE 22 Europe Industrial Market by Country, 2025 - 2032, USD Million
TABLE 23 Europe Automotive Market by Country, 2021 - 2024, USD Million
TABLE 24 Europe Automotive Market by Country, 2025 - 2032, USD Million
TABLE 25 Europe Renewable Energy Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Renewable Energy Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Consumer Electronics Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Consumer Electronics Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe Aerospace & Defense Market by Country, 2021 - 2024, USD Million
TABLE 30 Europe Aerospace & Defense Market by Country, 2025 - 2032, USD Million
TABLE 31 Europe Other Application Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Other Application Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 34 Europe Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 35 Europe Simulation Software Market by Country, 2021 - 2024, USD Million
TABLE 36 Europe Simulation Software Market by Country, 2025 - 2032, USD Million
TABLE 37 Europe Design Software Market by Country, 2021 - 2024, USD Million
TABLE 38 Europe Design Software Market by Country, 2025 - 2032, USD Million
TABLE 39 Europe Control Software Market by Country, 2021 - 2024, USD Million
TABLE 40 Europe Control Software Market by Country, 2025 - 2032, USD Million
TABLE 41 Europe Analysis Software Market by Country, 2021 - 2024, USD Million
TABLE 42 Europe Analysis Software Market by Country, 2025 - 2032, USD Million
TABLE 43 Europe Power Electronics Software Market by Country, 2021 - 2024, USD Million
TABLE 44 Europe Power Electronics Software Market by Country, 2025 - 2032, USD Million
TABLE 45 Germany Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 46 Germany Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 47 Germany Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 48 Germany Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 49 Germany Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 50 Germany Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 51 Germany Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 52 Germany Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 53 UK Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 54 UK Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 55 UK Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 56 UK Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 57 UK Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 58 UK Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 59 UK Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 60 UK Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 61 France Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 62 France Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 63 France Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 64 France Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 65 France Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 66 France Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 67 France Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 68 France Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 69 Russia Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 70 Russia Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 71 Russia Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 72 Russia Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 73 Russia Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 74 Russia Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 75 Russia Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 76 Russia Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 77 Spain Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 78 Spain Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 79 Spain Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 80 Spain Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 81 Spain Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 82 Spain Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 83 Spain Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 84 Spain Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 85 Italy Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 86 Italy Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 87 Italy Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 88 Italy Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 89 Italy Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 90 Italy Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 91 Italy Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 92 Italy Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 93 Rest of Europe Power Electronics Software Market, 2021 - 2024, USD Million
TABLE 94 Rest of Europe Power Electronics Software Market, 2025 - 2032, USD Million
TABLE 95 Rest of Europe Power Electronics Software Market by Technology, 2021 - 2024, USD Million
TABLE 96 Rest of Europe Power Electronics Software Market by Technology, 2025 - 2032, USD Million
TABLE 97 Rest of Europe Power Electronics Software Market by Application, 2021 - 2024, USD Million
TABLE 98 Rest of Europe Power Electronics Software Market by Application, 2025 - 2032, USD Million
TABLE 99 Rest of Europe Power Electronics Software Market by Type, 2021 - 2024, USD Million
TABLE 100 Rest of Europe Power Electronics Software Market by Type, 2025 - 2032, USD Million
TABLE 101 Key Information – The MathWorks, Inc.
TABLE 102 Key Information – Keysight Technologies, Inc.
TABLE 103 Key Information – Cadence Design Systems, Inc.
TABLE 104 key information – Synopsys, Inc.
TABLE 105 Key Information – ALTAIR ENGINEERING INC.
TABLE 106 Key Information – Infineon Technologies AG
TABLE 107 Key Information – Texas Instruments, Inc.
TABLE 108 Key Information – ABB Ltd.
TABLE 109 Key Information – ON Semiconductor Corporation
TABLE 110 Key Information – Renesas Electronics Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Power Electronics Software Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting – Power Electronics Software Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Porter’s Five Forces Analysis – Power Electronics Software Market
FIG 8 Value Chain Analysis of Power Electronics Software Market
FIG 9 Key Customer Criteria – Power Electronics Software Market
FIG 10 Europe Power Electronics Software Market Share by Technology, 2024
FIG 11 Europe Power Electronics Software Market Share by Technology, 2032
FIG 12 Europe Power Electronics Software Market by Technology, 2021 - 2032, USD Million
FIG 13 Europe Power Electronics Software Market Share by Application, 2024
FIG 14 Europe Power Electronics Software Market Share by Application, 2032
FIG 15 Europe Power Electronics Software Market by Application, 2021 - 2032, USD Million
FIG 16 Europe Power Electronics Software Market Share by Type, 2024
FIG 17 Europe Power Electronics Software Market Share by Type, 2032
FIG 18 Europe Power Electronics Software Market by Type, 2021 - 2032, USD Million
FIG 19 Europe Power Electronics Software Market Share by Country, 2024
FIG 20 Europe Power Electronics Software Market Share by Country, 2032
FIG 21 Europe Power Electronics Software Market by Country, 2021 - 2032, USD Million
FIG 22 Swot Analysis: The MathWorks, Inc.
FIG 23 SWOT Analysis: Keysight Technologies, Inc.
FIG 24 SWOT Analysis: Cadence Design Systems, Inc.
FIG 25 Recent strategies and developments: Altair Engineering Inc.
FIG 26 SWOT Analysis: Infineon Technologies AG
FIG 27 SWOT Analysis: Texas Instruments, Inc.
FIG 28 SWOT Analysis: ABB ltd.
FIG 29 SWOT Analysis: ON Semiconductor Corporation
FIG 30 SWOT Analysis: Renesas Electronics Corporation